Candlestick AI

Candlestick AI

Candlestick · Business

Candlestick AI is an automated investing platform that uses a news-reading model to build and manage stock portfolios for beginners. You set preferences, pick a portfolio and let the AI trade.

Interface preview of Candlestick AI

About Candlestick AI

What Is Candlestick AI

Candlestick AI is an automated investing platform that leans on a large language model to pick and manage stocks for regular people. Its model reads business and financial news from thousands of publications, works out which companies those events affect, then researches them to form an investing thesis. It's a form of automatic investing: it tracks stocks on the Nasdaq and NYSE and runs the trades on its own.

The sell is time saved. Instead of spending hours reading filings and charts, you answer a short set of questions, pick a risk level and let Candlestick buy and sell in the background. A chat layer called Advisor, built on GPT-4, explains each pick, breaks down a company's earnings and answers your money questions in plain language.

Two limits stand out before you sign up. This is automatic, so you're trusting the model's judgment rather than your own, and the strategy can lose money like any other. It also comes with a management fee on top of an annual fee tied to your balance, which adds up over years of holding.

Getting Started

  1. Create a Candlestick account and answer your investment preference questions.
  2. Link a bank account through Plaid and deposit funds by ACH transfer.
  3. Choose a portfolio from a selection that varies in risk level.
  4. Let the AI run trades automatically while you follow performance in the app.
  5. Ask Advisor to explain picks and check monthly statements under the Account tab.

Product Information

A quick look at Candlestick AI's pricing, supported platforms, and performance.

Free PlanNo
Paid Plans$6/mo plus 1.25% annual AUM fee
PlatformWeb app, iOS, Android
DeveloperCandlestick
CategoryBusiness
Release DateJan 2024
Latest UpdatedApr 2024
Website VisitsN/A
Website Global RankN/A
API AvailabilityNo

Best for

The users, tasks, and scenarios where this tool fits best.

Users

  • Beginner investors
  • Busy professionals
  • People curious about AI investing

Tasks

  • Building a stock portfolio from scratch
  • Reading the market through news
  • Explaining an investment
  • Automating buys and sells

Scenarios

  • Getting started with investing
  • Hands-off long-term holding
  • Learning how AI reads markets

Key features

News-Driven Stock Picking

Candlestick's model reads coverage from thousands of financial and business publications, pulls out the events that matter and figures out which stocks they touch. It then deep-researches those companies to build a case for a trade. That gives you picks tied to real-world news rather than fixed rules.

The Advisor Chat

Advisor is a conversational layer built on GPT-4 that guides your investing. You can ask it to explain a pick, break down a company's earnings or answer general financial questions. It turns the platform's reasoning into plain language you can actually act on.

Automatic Portfolios

The AI opens and closes positions for you once a portfolio is chosen. Buying and selling happen in the background, so you don't place individual trades. You pick the risk level and the model runs the rest.

Customizable Preferences

You answer questions about your goals and comfort with risk, and the model tailors its picks to match. Different portfolio options let you dial risk up or down instead of taking a single fixed strategy.

Banking and Transfers

Candlestick connects to your bank through Plaid, using the same login you already use. From there you can deposit or withdraw by ACH transfer anytime, and withdrawals automatically sell a slice of your holdings to fund the payout.

Brokerage and Account Protection

Brokerage services come through Alpaca Securities LLC, a SIPC member, so holdings are insured up to $500,000, including up to $250,000 in cash. Monthly statements land in the app under the Account tab.

Pros and cons

Pros

  • News-reading model links business events to stocks, so picks follow real headlines rather than fixed rules.
  • Advisor explains each pick and earnings in plain language, which helps beginners learn as they hold.
  • Fully automatic trading means you don't place orders or babysit charts.
  • SIPC coverage through Alpaca Securities protects holdings up to $500,000.

Cons

  • The $6 a month plus 1.25% annual fee on your balance adds up over years, and it applies whether the portfolio gains or loses.
  • Automation means you hand the decisions to the model, so you can't override individual trades.
  • It's built for beginners and long-term holding, not for active traders who want to time the market.
  • No public API, so you can't plug the portfolio logic into your own tools or dashboards.

Frequently asked questions

Candlestick AI is an automated investing platform that uses a large language model to pick and manage stocks. Its model reads financial news, links events to companies and runs trades automatically. A chat layer called Advisor explains the picks.