What each plan includes

How do Fincanva's plans work?

Each plan grants a fixed set of strategy, screener, Live and backtest-realism limits. The narrower scale the plan pass on Settings → Plan and usage counts — plan level, the three plans a subscription can actually be — is a different reading of the same order; how a strategy's own setup is checked against your plan is a separate question again, covered in plan compliance.

The tables on this page have one column per plan you can subscribe to. Professional has no column and no published price: it is a contact path rather than a plan on this list — reach it by writing to hello@fincanva.com.

What does the Free plan include?

Free needs no card and has no time limit. What it includes is the Free column of every table below; a cell marked not included there is something a paid plan adds. The 30-day trial is the way to try a paid plan at that plan's own limits before paying for it: it starts by itself, with no card, on Advanced — or on the plan you chose on the website's pricing page before signing up — and you can move it to another plan as often as you like during the 30 days.

On every plan, Free included:

• The screener, over the whole universe — unlimited saved screeners, 10 filters each.
• Backtesting on real market data, with the equity curve, portfolio metrics and monthly returns.
• Profit reinvestment in every simulation.

What do the paid plans cost?

Prices are in EUR, from Fincanva's live price list. Each figure is the total charged for that period — a quarterly or yearly price is one charge for the whole period, not a monthly rate:

Do backtests differ by plan?

Yes, in two ways: how much a strategy can hold, and how realistic its results are.

What a strategy can hold — how many allocation methods, covariance estimators and saved strategies, how many instruments and screeners one strategy takes, and how many strategies a Combined may hold:

Strategies inside one Combined counts the ones in use. A strategy switched off inside a Combined does not count toward it, and whatever is switched on or off, a Combined holds at most 20 strategies in total, on every plan.

No limit means your plan does not cap it. Behind No limit on saved strategies and saved screeners there is still a technical safety maximum, which exists to stop runaway creation, and no plan level raises it because it is not a plan lever. The app is where you will meet that number: your usage panel counts against it, so the figure you see there is the safety maximum, not an allowance you bought.

How realistic the results are — which risk rules a strategy can switch on, how far it may be leveraged, and whether trading costs and taxes are counted:

Inside a strategy you can choose from 23 allocation methods today, and across the strategies inside a Combined from 15. Which of them your plan includes:

Across the strategies inside a Combined the choice is narrower, and a Combined itself needs the first plan that includes one, so that is where this choice starts:

A method's own theory is covered on its own page; this page states only which plan unlocks it. MPT's options follow MPT: an option is included only on a plan that includes MPT itself.

The covariance matrix setting — how a method that reads one estimates it — follows the method for its basic estimators: wherever a method that reads one is included, so are they. The advanced estimators have a plan of their own:

Which risk rules and analysis tools does each plan include?

Risk rules, the settings that size a Combined's exposure, and the analysis pages each start at a plan of their own:

A setting that lives on a Combined is included only where a Combined is. That is why the volatility target and an invested portion above 100% — borrowed money on top of the Combined's own capital, bounded by the leverage ceiling — start at the first plan that includes a Combined, even where a cheaper plan's leverage ceiling is already above 1×. The same holds for contribution analytics, which sits on a Combined's Components page.

What each of these is, on its own page: Risk-Off, Hidden regimes (Markov), Clustering, Strategy's own performance, the regime timeline (drawn wherever a quantitative risk rule is active), the Projection tab (whose guide states how far ahead each plan projects), and the Robustness tab — backtest reliability and the stress test. The worst-days rows of Performance Metrics — historical and Gaussian value at risk, and conditional value at risk — are on every plan.

How much compute power does each plan include?

Compute power is how much of one simulation Fincanva computes at the same time, and it is the one plan difference that is about waiting rather than about what a strategy may do. It does not rise at every plan level.

Set by your plan: 4 on Free and Starter, 8 on Advanced and 16 on Ultimate and Professional. See what each plan includes.

A higher figure runs more of the same work at once: it buys no extra data, no further allocation method and no longer history, so nothing about the strategy or the period behind the result changes with the plan. What it does and does not say about the wait is on compute time, the page that owns how long a run takes. The table below prints the same figures under the label Compute power.

What about Live strategies, leverage, and benchmarks?

Following a strategy Live, the Positions page, compute power and support are the limits that are not about what a strategy can hold. Leverage is in the realism table above.

Every plan benchmarks against the market benchmarks; from Advanced your own live portfolios can serve as benchmarks too. A strategy already pointed at one of yours keeps it and keeps running on a plan that does not include them — see benchmark.

Limits and edge cases

What sets the backtest's starting year?

Your plan sets the earliest year a backtest may start from — the Backtest history from row above — and Fincanva applies it. A plan whose cell reads All history has no floor and reaches every year there is data for; how far that is depends on the series, see data coverage. The floor is applied in three places:

• The starting-year calendar greys out every year before your plan's floor. Where a higher plan reaches further back, the calendar's footer says from which year your plan starts and the plan's mark beside it names the higher plan; opening it says from which year your plan starts and from which year that plan does.
• Saving a start year before the floor is refused, and the message names the year you chose, the year your plan starts from and the plan that reaches it. When you duplicate, copy, combine or extract a strategy that starts earlier, the copy is still created, but it starts at your plan's floor — a message tells you at once which year it moved from and which plan keeps the full history. The original is not changed.
• A strategy that already starts earlier — because you moved to a plan with a later floor — is not moved and not deleted. It is set aside like any strategy your plan does not cover: its settings stay editable, and moving its start to your plan's floor or later, or moving to a plan that reaches its year, makes it runnable again. See plan compliance.

A new strategy starts at 2000 by default, or at your plan's floor where that is later. See what Settings → Plan and usage tells you for how your own floor is shown.

How do these limits show up while I work?

A strategy that exceeds one of these limits does not lose what it holds — it stops running until it fits the plan again, or the plan changes to cover it. That check, and everything it does and does not do, is plan compliance. To see where you personally stand against these numbers right now, see what Settings → Plan and usage tells you; to see how your plan itself is displayed and changed, see how to read your plan.

Fincanva does not tell you which plan to be on, and this page is not a recommendation to subscribe — see Is this financial advice?.