White Hat Bot loader

Frequently Asked Questions

What is White Hat Bots (WHB)?

White Hat Bots (WHB) is an automated trading and investment platform created by 4Team Corporation, a software company with over 26 years of experience building trusted solutions. WHB is not a broker or Investment adviser. WHB is technology that connects to your existing brokerage account. We do not hold customer funds, execute orders for others, or offer investment advice. WHB has been in development and testing for more than 2 years, and every marketplace bot has been tested with our own money for over a year. It allows both active traders and passive investors to build, backtest, and run strategies with ease.

Do I need coding skills to use WHB?

No. WHB offers a no-code wizard so anyone can create strategies without programming. Advanced users can also add custom logic if they prefer. With WHB, users can create bots based on their strategies, trading ideas, or even single* scheduled orders.

How do I keep control of my money?

WHB is non-custodial. This means your funds always remain in your brokerage account. WHB only executes trades on your behalf through secure broker integrations.

Can WHB be used for passive investing?

Yes. WHB lets you build long-term or short-term automated strategies using your own brokerage account. All trades are self-directed and executed by your broker on your behalf.

Which brokers are supported?

Currently, WHB integrates with Alpaca. More broker and exchange integrations are planned to expand coverage. You can ask for your broker integration by providing feedback here.

What devices can I use WHB on?

You can use WHB on mobile devices and PCs via the web app using any browser, and trade directly through Telegram. WhatsApp and native mobile apps are coming soon.

Is WHB free?

WHB is free during its beta period. Transparent, affordable subscription plans will be available once beta ends.

How does backtesting work?

You can test your bots strategies against historical data to evaluate performance before going live, helping you refine and improve results.

Do I need to deposit funds into WHB?

No. You never deposit funds into WHB. Your funds stay in your broker account, and WHB connects securely to execute trades.

Can I use WHB as a signal provider without executing trades?

Yes. You can configure bots to send personal alerts without automatic execution. WHB does not distribute or share your signals with other users, nor execute trades for others.

What is the minimum capital requirement?

There is no strict minimum. The requirement depends on your broker’s rules and the strategies you choose to run. The good news is that Alpaca Trading has no minimum deposit requirement, so you can easily start trading with as little money as you wish. We recommend, at least $3k USD and $100 minimum orders/bids.

Do I need a server or VPS to run WHB?

No. WHB runs in the cloud, so you do not need to host it yourself.

Can I trade short, on margin, or with leverage?

Yes, provided your connected broker supports these features. Alpaca supports all order types as well margin.

Are there time constraints on bots?

No. Bots can run continuously, 24/7, according to your strategy and broker’s market hours.

Can international users use WHB?

Yes. WHB can be used worldwide, subject to broker availability and regional regulations. Alpaca is available in more than 150countries.

Does WHB provide a marketplace of pre-built strategies?

Yes. WHB has a marketplace where you can rent-license and use bots templates created by us and the community. All bots are tested internally before being listed.

If I rent a bot from the marketplace, can I choose which symbols it trades?

Yes. You can configure marketplace bots to trade on single or list of symbols supported by your broker. As well you can use our or yours custom list of stocks to trade simultaneously using your bot.

Do I need to log in or keep the app open for bots to run?

No. Once activated, bots run automatically on our secure cloud without needing your app open.

Does WHB support ETFs, futures, and multiple markets?

Yes. Stocks and ETFs are supported now, with crypto, futures, and options coming soon if your broker supported them.

Do you charge per trade or signal?

No. WHB pricing is subscription-based or Free. We do not charge per trade or per signal. In the future we may have Premium Bots subscription based. 

Does WHB integrate with external signal sources?

Integration with external alerts such as TradingView and other sources is planned.

Can I allocate only part of my capital to a bot?

Yes. You can configure bots to allocate only a portion of your available funds.

Can I submit my own bot to the marketplace?

Yes.* Developers will be able to submit bots to the marketplace and earn revenue from rentals.

How do you ensure marketplace bots are safe?

All marketplace bots are reviewed and tested by the WHB team. We also test them with our own money before making them available.

Can I run multiple bots per broker or paper account?

At this moment, only one bot can run per account. We plan to release support for multiple bots per broker or paper account as soon as possible.

Is there pattern day trader protection?

There is no built-in pattern day trader protection for bots created with the Bot Wizard or custom bots. However, when building bots, you can include trade logic to manage or limit day trades. WHB Marketplace bots include built-in logic to help prevent your account from being flagged as a pattern day trader.

Do I need to connect my broker account to backtest my strategy or bot?

No. You do not need to connect your broker to test your strategy. You can test your bots with WHB paper accounts. There are currently no limits on the number of WHB paper accounts you can create. In addition, you can add as many broker-provided paper accounts as your broker allows through their API. For example, Alpaca allows up to 4 paper accounts.

Can I use my bot on a paper account to trade on live data?

Yes. You can run your bots on a paper account using live market data without risking real money.

What security and compliance standards does WHB follow?

WHB follows strict security practices, including encrypted connections, secure authentication, and compliance with relevant broker requirements. We never hold your funds.

What are WhiteHat Bot Stock Lists?

These are dynamic stock lists that are reviewed and updated on a monthly basis. You can copy, but cannot edit these lists. WHB and 4Team Corporation are not brokers or investment advisors. These lists are provided solely as examples for educational and informational purposes. You use them entirely at your own risk, and WHB is not responsible for any outcomes, losses, or issues resulting from their use.

Can I create my own stock list? What are its features?  

Yes, you can create and edit your own dynamic stock lists at any time. When you modify assets in your stock list, all your bots using that list will automatically adjust to trade the new symbols. The behavior for positions in symbols removed from the list depends on each bot’s logic. In WHB Marketplace Bots, positions in removed symbols continue to perform normally until the positions are closed.

How can I pause or delete a bot or a broker account?

Yes, you can pause and delete bots, as well as delete broker accounts. If you pause a bot, it will stop all trading activity until you resume it. Deleting a bot removes all its data and positions from WHB; those positions will remain visible only within your broker account. If you delete a broker account from WHB, the platform will lose access to it and will no longer be able to execute trades on your behalf.
Deleting your broker account from WHB will not close your actual broker account. To manage your broker account directly, you can access it through your broker’s website.

Can I manually close an open position created by a bot?

Yes, you can manually close positions created by a bot using the WHB Telegram bot or directly through your broker. However, closing positions through your broker is not recommended because such trades are not recorded within WHB and may interfere with your bot’s logic. We are continuously improving this workflow, so please contact our support team first to find the best solution at the time.

Can I earn interest on my available cash balance?

If your broker provides this feature, you may need to enable it directly through them. Please contact your broker for details. For example, as of October 2025, Alpaca pays up to 3.85% APY on eligible USD cash balances.

I do not see a symbol I can trade from the available list. What should I do?

You can request any symbol that is available for trading through your connected broker. Please contact us with the specific symbols you want to use with your bots, and we will review adding them for your account.

What are the Budget Safety Rules?

Budget Safety Rules ensure your bot cannot access more funds than you allocated plus any earned profits. Additionally, your bot will not trade more than three symbols per day from the same industry sector, protecting your portfolio from overexposure.

What are the Free Account Limitations?

Free accounts have certain limits to ensure fair platform usage:
- Maximum connected broker accounts: 7 live or paper accounts
- Bots per account: 1
- Backtests per day: 21
- Maximum assets/symbols per backtest: 15
- Active bots limit: 7
- Custom symbol lists: 5
- Maximum symbols per list: 100
- Bot runs per day (per bot): 3
If you need higher limits or additional features, please contact us.

I got the message: "Failed to buy XXX because not enough Funds." What should I do?

This message may appear either because of insufficient funds in your broker account or because your bot has reached its allocation limit. To resolve this:
- If your bot has reached its allocation limit, increase the allocation amount in your bot’s settings.
- If your broker account lacks funds, deposit more into your broker account.
Once sufficient funds are available, your bot will be able to open new positions or increase existing ones.

What are WhiteHat stock lists requirements?

- Market Cap: Mid or higher (over $2B)
- Return on Equity
: Above 5%
- Price: Above $5
- P/E Ratio: Under 50
- EPS Growth (This Year): Positive (>0%)
- EPS Growth (Past 5 Years): Positive (>0%)
- Sales Growth (Past 5 Years): Positive (>0%)
- Return on Invested Capital: Positive (>0%)
- Gross Margin: Positive (>0%)
- Option/Short: Stock must be shortable
- EPS Growth (Next Year): Positive (>0%)
- EPS Growth (Next 5 Years): Positive (>0%)
- Current Ratio: Above 1.5
- Operating Margin: Over 10%
- IPO Date: At least 5 years ago
Believe in Tech: A list of popular, fast-growing technology stocks. Updated yearly.
Low Volatility ETFs Master: A curated list of the most reliable low-volatility ETFs covering major market sectors, with less than 30% asset overlap.
ETF Vanguard Sectors Master: The top 11 Vanguard Sector ETFs, each with less than 10% asset overlap. 

From what date is backtesting available?

Backtesting with integrated technical indicators is available starting from September 2017. For certain indicators, such as long-period EMAs (e.g., EMA500), data is available beginning from 2019.

What integrated technical indicators can I use in Bots or the Rules Wizard?

Currently available indicators include: RSI, MACD, SMA, EMA, Bollinger Bands, Stochastic RSI, and Relative Volume. If you order a custom bot, you can request any additional technical indicator or even build your own.

How often can my bot trade?

Default marketplace or Rules Wizard bots can trade up to 3 times per day in predefined time slots:
- After Market Open: at open, 15 minutes after, and 30 minutes after.
- Midday: 15 minutes before, at midday, 15 minutes after, and 30 minutes after.
- Before Market Close: 30 minutes before, 15 minutes before, and 5 minutes before.
For custom-ordered premium bots, trading frequency can be much higher — as often as every 5 minutes or better, depending on your chosen configuration and subscription level.

How long does it take to backtest my bot?

Backtesting time can vary depending on your setup. Depending on complexity, backtests may take only a few seconds per symbol per trading year, or up to 20 minutes (default timeout) for a full portfolio of 150 symbols. The duration depends on factors such as the number of symbols in your portfolio, the indicators you select, the complexity of custom code, and the length of the historical period. Currently, backtesting simulates one trade per symbol per day at the closing price. For extended timeouts or advanced backtesting scenarios, please contact us.

I've built my bot with custom parameters. How can I share it with friends?

Sharing via links will be available soon, and you will also be able to publish your custom bots directly to the community marketplace. In the meantime, you can share your bot with us, and we can make it accessible for your friends or publish it on the marketplace. Please contact us via chat for assistance.

✨ How to Sign Up and Connect Alpaca to WhiteHatBots (Login Method)

Follow these steps to sign up for Alpaca and connect it to WhiteHatBots.

1. Start in WhiteHatBots

Log in to WhiteHatBots.com (or open the WHB app) → go to Broker Accounts → click Add New Broker.

2. Choose Alpaca

Click the Alpaca icon. You’ll be sent to Alpaca’s login page.

3. Create an Alpaca Account (if new)

  • Click Sign Up.
  • Enter your email and password.
  • Fill in the quick form (name, birthday, address).
  • Verify your email (click the link Alpaca sends).
  • Log in to your new account.

4. Already have an account?

Just log in with your Alpaca email and password.

5. Approve the connection

Alpaca will ask if you want to allow WhiteHatBots access. Click Allow.

6. Done!

You’ll return to WhiteHatBots and see Alpaca is connected. 🎉

💰 How to Deposit Money into Alpaca

For U.S. Customers

Log in to WhiteHatBots.com (or open the WHB app) → go to Broker Accounts → click Add New Broker.

  1. Log in to your Alpaca account.
  2. Go to the Banking / Funding / Deposit page in your dashboard.
  3. Link a U.S. bank account using Plaid (instant verification).
  4. If your bank isn’t supported, use micro-deposits (small test amounts Alpaca sends to confirm your account).
  5. Choose Deposit / Transfer Money, enter the amount, and confirm.
  6. Transfers usually clear within 1 business day (sometimes up to 3). If you use a wire transfer, make sure to add the Special Instructions (looks like FFC LPCA-*****0957) into the Description field of your transfer.

📖 More details here:How to Fund Your Alpaca Live Trading Account

For International Customers 🌍

  1. Log in to your Alpaca account.
  2. Go to the Banking / Funding / Deposit section.
  3. Select Wire Transfer as your deposit method.
  4. Alpaca will show you their bank wire details (routing number, account number, etc.).
  5. Go to your own bank and create a wire transfer to Alpaca.
  6. Confirm the wire transfer in your Alpaca dashboard (if asked).
  7. International wires usually clear within up to 3 business days. Make sure to add the Special Instructions (looks like FFC LPCA-*****0957) into the Description field of your transfer.

📖 Official instructions here: Alpaca Wire Transfer Guide

📝 Notes

  • Alpaca does not charge for incoming wire transfers (domestic or international). Your own bank may still charge fees.
  • For some customers, banks may also ask for Alpaca’s postal address. If this happens, please contact Alpaca Support (chat or email) to get the correct address.

✔️ Quick Tips

  • ✅ Transfers are fast: usually 1 business day (U.S.) or up to 3 days (international).
  • ✅ Always add Special Instructions to wire transfers.
  • ✅ Double‑check Alpaca’s official funding guide before sending money.

⚠️ Important Disclosure

These steps are a simplified guide. Alpaca may change its funding process anytime. 👉 Always check Alpaca’s official instructions and help pages before depositing.

📢 Where Will I Get My Notifications?

At this moment, all WhiteHatBots (WHB) and bot trading notifications are sent through your WHB Telegram Bot.
You can access it here: WHB Telegram Bot.
Make sure you’re logged into Telegram and start the bot to receive trade alerts and updates instantly.

Are these copy-trading or social-trading bots?

No. Each bot runs only in your connected brokerage account. White Hat Bots does not enable users to follow, mirror, or copy other users’ trades, and we do not pool funds.

Can I build bots for passive strategies?

Yes. You can configure bots to implement your passive rules—for example, periodic rebalancing, scheduled buys, or rules-based allocation. Execution occurs only in your account and under your authorization.

Can I subscribe to someone else’s bot?

You can license a template and deploy it to your own account, but we do not provide copy/social trading. Templates are starting points—you customize parameters and control execution.

What is “Signal-Only” mode?

Bots can be set to alert you without placing orders. Alerts are private to you; we do not distribute your signals to other users or execute trades for others.

Is WHB a broker or investment adviser?

No. WHB is automation software. We don’t hold customer funds, provide investment advice, or execute for other users. All trades are placed by your broker in your own account, based on your bot’s rules.

What makes WHB different from other platforms?

WHB stands out by combining no-code simplicity, advanced automation, passive investing options, unique scheduling tools, and the ability to trade multiple symbols simultaneously with one bot. It also offers a mobile-first approach—all while keeping funds safe with your broker. For a detailed comparison with typical alternatives, see our comparison page.

What are the risks and WHB’s responsibilities?

Trading and investing always involve risks, including the potential loss of capital. Past performance of bots or strategies does not guarantee future results. WHB provides the tools to automate trading and investing, but does not offer financial advice or guarantee profits. Users are responsible for their own trading decisions and risk management.

WHB’s responsibility is to provide a secure, reliable, and transparent platform to build, test, and run your strategies while keeping your funds safe at your broker. However, WHB is not responsible for any type of risks involved when using its platform or bots created with it.

I have ideas and suggestions — where can I submit them?

We highly value your feedback. You can share your ideas directly through our support live chat, or via our official channels on WhatsApp and Telegram.