What is StratVerra
StratVerra is an options backtesting and live trading platform that uses a built-in AI agent to turn plain-English strategy descriptions into executable code. It backtests strategies on minute-level option chains for six US index and ETF underlyings (SPX, XSP, RUT, SPY, QQQ, IWM), modeling slippage, commissions, and Reg-T margin. The same engine can then trade the strategy live through an Interactive Brokers account.
How to use StratVerra
- Describe your strategy in plain English – Tell the built-in AI agent (or your own connected assistant like Claude or ChatGPT) what you want. For example: "Create a 0DTE SPX iron condor strategy. Enter around 11:00 ET only when RSI(14) is 47-53..."
- The AI writes the strategy – The agent reads how a StratVerra strategy is written, then generates the code and submits it.
- Backtest on minute-level data – The engine tests the strategy across the available historical data for your chosen underlying, with slippage and commissions modeled.
- Review results and iterate – The agent reads the backtest results, identifies issues, and can fix and rerun the strategy automatically.
- Trade live (optional) – Connect your Interactive Brokers account (or an Introducing Broker like MEXEM, LYNX, or Easybroker) and let the engine place trades through your broker gateway. The AI agent itself can never place a live order.
Features of StratVerra
- AI-powered strategy creation – Built-in AI agent (Xavi) or connect your own assistant (Claude, ChatGPT, etc.) to write strategies from plain-English descriptions.
- No-code strategy building – Strategies are built from composable blocks; anything the AI writes can be opened and edited manually.
- Minute-level backtesting – Backtests run on hosted minute-level option chains for SPX, XSP, RUT, SPY, QQQ, and IWM.
- Realistic cost modeling – Slippage, commissions, and Reg-T margin are modeled in backtests.
- Live trading integration – Trade strategies live through Interactive Brokers, MEXEM, LYNX, or Easybroker.
- Browser-based backtesting – Build and backtest in your browser without installing anything or connecting a broker.
- Desktop app for live trading – Install the free desktop app only when ready to connect a broker for paper or live execution.
- Strategy library – Strategies land in your personal library and can be modified at any time.
- AI allowance – Plans include a fair-use AI allowance that resets monthly; additional usage can be purchased for $9 per month's worth.
Use Cases of StratVerra
- Testing 0DTE options strategies – Backtest and trade same-day-expiry strategies like iron condors, credit spreads, and strangles on SPX and other underlyings.
- Validating multi-day options strategies – Test strategies across 0DTE and multi-day expirations on index and ETF options.
- Automating rule-based trading – Eliminate emotional trading by letting the engine execute the exact rules you validated in backtests.
- Comparing strategy variations – Quickly test different entry conditions, stop levels, and profit targets to see which perform best.
- Paper trading before going live – Run strategies on your broker's paper account to validate performance before committing real capital.
Pricing
- Monthly plan: $49 per month (VAT included).
- Annual plan: $490 per year (VAT included).
- Free trial: 14 days, no credit card required. The trial ends automatically unless you subscribe. One free trial per account.
- AI usage add-on: Additional AI allowance can be purchased for $9 per month's worth, added instantly and never expires.
FAQ
What is StratVerra?
StratVerra is an options backtesting app with a built-in AI agent, Xavi. You describe a strategy in plain English, Xavi writes it, and the engine backtests it on minute-level option chains for SPX, XSP, RUT, SPY, QQQ and IWM, with slippage, commissions and Reg-T margin modeled. The same engine can then trade it live through your own Interactive Brokers account.
Can an AI agent build strategies for me?
Yes. There is an AI agent built into the app called Xavi, and you can connect the assistant you already use (Claude, ChatGPT and others) to your account instead. Either one writes a custom strategy, backtests it, reads the results back and fixes what didn't work. Xavi signs in as you, the strategies land in your library, and neither is ever able to place a live order.
Do I need to write code?
No, and you don't have to build the strategy yourself either. Describe what you want and the built-in AI agent (or your own) writes a custom strategy for you. If you'd rather do it by hand, strategies are also built from composable blocks in the app, and anything the agent writes can be opened and changed there.
Do I need a broker account?
Only for live trading. Backtests run on the hosted option data included with your subscription, so you can build and test a strategy before you ever connect a broker.
Do I need to install anything?
Build and backtest in your browser. Install the desktop app only when you're ready to connect a broker for paper or live execution. The free trial needs nothing installed: you sign in, build a strategy and run backtests in the browser. The desktop app is free, and it is the step you take when you want the engine placing real orders through your own broker gateway.
Which brokers can I trade through?
Interactive Brokers, MEXEM, LYNX and Easybroker. The last three are Introducing Brokers to Interactive Brokers: your account is with them, the trades clear at IBKR, and the software they give you is IBKR's Trader Workstation or Gateway under their branding. So all four connect the same way, over the same API.
What market data does it use?
Minute-level option chains on SPX, XSP, RUT, SPY, QQQ and IWM, hosted and included with your subscription. There is nothing to buy separately and nothing to download. The app shows you exactly which dates are available for each one when you set up a backtest.
What are the terms of the free trial?
Fourteen days, and it takes no card at all. Sign in at the browser app and start the trial from there. There is no payment page and nothing to enter. If you do nothing it simply ends: with no card on file there is nothing to charge and nothing to remember to cancel. To carry on, add a payment method before day 14. There is one free trial per account, so if you have subscribed before, a new subscription starts billing straight away. The listed price includes VAT: $49 a month is the amount actually charged, wherever you are.
What happens when I run out of AI?
Your plan includes a fair-use AI allowance that resets at the start of every month. If you use it up, you can add another month's worth for $9 at any time, from inside the app. It is added straight away and it never expires, so anything you don't use carries over.
Where does my strategy actually run?
Backtests run in the cloud on hosted data. Live trading runs on your machine: the app starts the engine locally and connects to your own broker gateway, so your orders go straight from you to your broker.
Which markets are supported?
US index and ETF options: SPX, XSP, RUT settle in cash at expiry, and SPY, QQQ, IWM are American-style, so a short leg can be assigned early. All 6 run across 0DTE and multi-day expirations. The engine itself is built broker- and market-agnostic.
Is this financial advice?
No. StratVerra is software for building and running your own strategies. It is not investment advice and does not manage money.




