What each plan includes

Steps

1. Start from Free. Free needs no card and has no time limit; what it includes is the Free column of every table here, and a cell marked not included is something a paid plan adds. The 30-day trial tries a paid plan at its own limits, with no card: it starts by itself on Advanced — or on the plan you chose on the pricing page — and you can move it to another plan as often as you like.

   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, strategy metrics and monthly returns.
   • Profit reinvestment in every simulation.

2. Compare the prices. 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.

   Plan	Monthly	Quarterly	Yearly
   Starter	EUR 29	EUR 78	EUR 276
   Advanced	EUR 79	EUR 213	EUR 756
   Ultimate	EUR 149	EUR 402	EUR 1,428

3. Compare 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 sub-strategies a Combined may hold. Inside a strategy you choose from 23 allocation methods today, and across a Combined's sub-strategies from 15.

   Build	Free	Starter	Advanced	Ultimate
   Allocation methods — Of the 23 methods available today	2	7	15	23
   Allocation methods for a Combined — 15 methods of the 23 available also work at the Combined level	—Not included	—Not included	7	15
   MPT (Markowitz) options — Of 2, inside MPT	—Not included	—Not included	—Not included	2
   Covariance estimators — Of 8 — how a method estimates the covariance matrix	—Not included	—Not included	5	8
   Correlation estimators — Of 6 — how Min Correlation estimates the correlation matrix	—Not included	5	5	6
   Saved strategies	2	No limit	No limit	No limit
   Instruments per strategy — Rises with every plan	5	10	25	50
   Screeners per strategy — Attach a screener to a strategy	—Not included	1	2	8
   Combined — Components inside one Combined	—Not included	—Not included	10	20

   Allocation methods	Free	Starter	Advanced	Ultimate
   Equal weights	Included	Included	Included	Included
   Fixed weights	Included	Included	Included	Included
   Market cap	—Not included	Included	Included	Included
   Min correlation	—Not included	Included	Included	Included
   Inverse volatility	—Not included	Included	Included	Included
   Ranking-based	—Not included	Included	Included	Included
   Floating	—Not included	Included	Included	Included
   Risk parity	—Not included	—Not included	Included	Included
   MPT (Markowitz)	—Not included	—Not included	Included	Included
   Black-Litterman	—Not included	—Not included	Included	Included
   Mimicking	—Not included	—Not included	Included	Included
   Beta neutral	—Not included	—Not included	Included	Included
   HRP · Hierarchical risk parity	—Not included	—Not included	Included	Included
   HERC · Hierarchical equal risk contribution	—Not included	—Not included	Included	Included
   NCO · Nested clustered optimization	—Not included	—Not included	Included	Included
   Max diversification	—Not included	—Not included	—Not included	Included
   Min MAD	—Not included	—Not included	—Not included	Included
   Min CVaR	—Not included	—Not included	—Not included	Included
   CDaR · Conditional drawdown at risk	—Not included	—Not included	—Not included	Included
   EVaR · Entropic value at risk	—Not included	—Not included	—Not included	Included
   Scenario CVaR	—Not included	—Not included	—Not included	Included
   Robust worst case	—Not included	—Not included	—Not included	Included
   Stochastic programming	—Not included	—Not included	—Not included	Included

4. Compare 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.

   Protect	Free	Starter	Advanced	Ultimate
   Risk-on/off rules — Of 5 kinds — when a strategy switches to Risk-Off	—Not included	—Not included	4	5
   Leverage — Free is unlevered; every paid plan reaches the same ceiling	1×	3×	3×	3×
   Simulation realism	—Not included	costs	costs + taxes	costs + taxes

   Risk-on/off rules	Free	Starter	Advanced	Ultimate
   Single series	—Not included	—Not included	Included	Included
   Double series	—Not included	—Not included	Included	Included
   Hidden regimes (Markov)	—Not included	—Not included	Included	Included
   Clustering	—Not included	—Not included	Included	Included
   Strategy's own performance	—Not included	—Not included	—Not included	Included

   Leverage	Free	Starter	Advanced	Ultimate
   Leverage	1×	3×	3×	3×
   Volatility target	—Not included	—Not included	Included	Included

5. Compare the analysis. Each analysis page starts at a plan of its own: the Projection tab (how far ahead each plan projects), the Robustness tab with backtest reliability and the stress test, and the regime timeline wherever a quantitative risk rule is active. The worst-days rows of Performance Metrics — historical and Gaussian value at risk, and conditional value at risk — are on every plan.

   Analyse	Free	Starter	Advanced	Ultimate
   Analysis tabs — Of the 10 tabs in Analysis	4	6	10	10
   Advanced analyses — Of 3, inside the Analysis tabs	—Not included	—Not included	3	3
   Screener backtest — Re-screen the market month by month over history	Included	Included	Included	Included
   Backtest history from — The earliest year a backtest may start	2020	2010	2000	All history

   Analysis tabs	Free	Starter	Advanced	Ultimate
   Capital Growth	Included	Included	Included	Included
   Trade History	—Not included	Included	Included	Included
   Performance Metrics	Included	Included	Included	Included
   Monthly Returns	Included	Included	Included	Included
   Sub-strategy Weights	—Not included	—Not included	Included	Included
   Sub-strategies	—Not included	—Not included	Included	Included
   Correlations	—Not included	—Not included	Included	Included
   Start-Date Sensitivity	—Not included	Included	Included	Included
   Projection	Included	Included	Included	Included
   Robustness	—Not included	—Not included	Included	Included

   Advanced analyses	Free	Starter	Advanced	Ultimate
   Sub-strategies: where the result comes from	—Not included	—Not included	Included	Included
   Regime timeline	—Not included	—Not included	Included	Included
   Backtest reliability	—Not included	—Not included	100	1,000

   Project	Free	Starter	Advanced	Ultimate
   Monte Carlo projection cone — On every plan; the ceilings change	Included	Included	Included	Included

6. Compare compute power, Live and support. Compute power is how much of one simulation Fincanva computes at once — the one difference about waiting rather than about what a strategy may do, and it buys no extra data, method or history; see compute time. Every plan benchmarks against the market benchmarks; from Advanced your own Live strategies can serve as benchmarks too.

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

   Follow & help	Free	Starter	Advanced	Ultimate
   Strategies followed Live	—Not included	1	5	No limit
   Positions page — What to buy today, ticker by ticker	—Not included	Included	Included	Included
   Compute power — How much of one simulation computes at the same time — Starter matches Free	4	4	8	16
   Support	Standard	Standard	Standard	Priority

7. See where you stand. Your own usage against these numbers is on Settings → Plan and usage — see what Settings → Plan and usage tells you; how your plan is shown and changed is in how to read your plan.

Done. You know what each plan includes and what each costs. A strategy that exceeds your plan keeps everything it holds and is set aside until it fits again — see How do these limits show up while I work?

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. Professional has no column and no published price: it is a contact path rather than a plan on this list — write to hello@fincanva.com.

Strategies inside one Combined counts the ones in use. A strategy switched off inside a Combined does not count, and whatever is on or off, a Combined holds at most 50 strategies in total, on every plan.

No limit means your plan does not cap it. Behind No limit on saved strategies and screeners there is still a technical safety maximum, which stops runaway creation and is not a plan lever; your usage panel counts against it, so the figure you see there is that maximum, not an allowance you bought.

Which methods and options does each plan include?

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

Allocation methods for a Combined	Free	Starter	Advanced	Ultimate
Equal weights	—Not included	—Not included	Included	Included
Risk parity	—Not included	—Not included	Included	Included
Inverse volatility	—Not included	—Not included	Included	Included
Ranking-based	—Not included	—Not included	Included	Included
MPT (Markowitz)	—Not included	—Not included	Included	Included
Black-Litterman	—Not included	—Not included	Included	Included
Fixed weights	—Not included	—Not included	Included	Included
Max diversification	—Not included	—Not included	—Not included	Included
Min MAD	—Not included	—Not included	—Not included	Included
Min CVaR	—Not included	—Not included	—Not included	Included
CDaR · Conditional drawdown at risk	—Not included	—Not included	—Not included	Included
EVaR · Entropic value at risk	—Not included	—Not included	—Not included	Included
Scenario CVaR	—Not included	—Not included	—Not included	Included
Robust worst case	—Not included	—Not included	—Not included	Included
Stochastic programming	—Not included	—Not included	—Not included	Included

A method's own theory is on its own page. MPT's options follow MPT: an option is included only on a plan that includes MPT itself.

MPT (Markowitz) options	Free	Starter	Advanced	Ultimate
Resampled	—Not included	—Not included	—Not included	Included
Weight limits	—Not included	—Not included	—Not included	Included

The covariance matrix setting follows the method for its basic estimators; the advanced estimators have a plan of their own:

Covariance estimators	Free	Starter	Advanced	Ultimate
Sample	—Not included	—Not included	Included	Included
Ledoit-Wolf · identity	—Not included	—Not included	Included	Included
Ledoit-Wolf · constant correlation	—Not included	—Not included	Included	Included
Exponentially weighted moving average (EWMA)	—Not included	—Not included	Included	Included
Manual shrinkage	—Not included	—Not included	Included	Included
Marchenko-Pastur	—Not included	—Not included	—Not included	Included
Nonlinear Ledoit-Wolf	—Not included	—Not included	—Not included	Included
Regime-conditional (HMM)	—Not included	—Not included	—Not included	Included

A setting that lives on a Combined is included only where a Combined is: the volatility target, an invested portion above 100% — borrowed money on top of the Combined's own capital, bounded by the leverage ceiling — and contribution analytics start at the first plan that includes a Combined, even where a cheaper plan's leverage ceiling is above 1×. What each risk rule is: Risk-Off, Hidden regimes (Markov), Clustering, Strategy's own performance.

What sets the backtest's starting year?

Your plan sets the earliest year a backtest may start from — the Backtest history from row — and Fincanva applies it; All history means no floor, reaching every year there is data for (data coverage). The starting-year calendar greys out every year before your floor; where a higher plan reaches further back, its footer says from which year your plan starts, with that plan's mark beside it, which says from which year each starts. Saving an earlier start year is refused, naming the year you chose, your floor and the plan that reaches it. Duplicating, copying, combining or extracting a strategy that starts earlier still creates the copy, at your floor, and a message says 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 neither moved nor deleted but set aside, as plan compliance explains: move its start to your floor or later, or move to a plan that reaches its year, and it runs again. A new strategy starts at 2000, or at your floor where that is later — Settings → Plan and usage shows yours.

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.