Using the software in Brazil
Author: ebeckerjr
Creation Date: 6/19/2019 4:59 PM
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Hi there

I am Brazilian and live in Brazil. I´d like to use the Wealth Lab software to backtest brazilian stocks (for exemple: ABEV3, PETR4, VALE3, ITUB4, etc.)

But I have some questions (sorry for my bad understanding of English)

1- To use the software, I have to open an account and I don´t know where (I tried to open an account on Fidelity and it requires social security number - whcih doesn´t exist in Brasil. Here we use a document called CPF)

2- I also would like to know how much would be that monthly fee

3- And finally, I´d like to know if I can use the software with Brazilian stocks and how to import it (I´m trying to import with my trial version but it´s not working

Thank you very much
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Bom dia Eduardo,

Glad you're interested in Wealth-Lab!

1. You don't have to open an account with any broker to use Wealth-Lab Developer.

I know it may be confusing but Fidelity offers Wealth-Lab Pro to U.S. residents which doesn't apply to the rest of the world. For more detail please see the FAQ: What's the difference between Wealth-Lab Developer and Wealth-Lab Pro?

2 - The annual fee to keep the software working is 150 USD (on a yearly basis starting from 2nd year after purchase). There's no monthly fee.

3 - You can easily download the Daily historical data of Brasil stocks (the Bovespa index constituents, for example) using the built-in Yahoo! data provider. Choose New DataSet Wizard (Ctrl-Shift-D), Yahoo! Finance, authenticate your trial (or key - for customers), click "Select symbols from Classification Groups", then choose "World indices" > "Brazil" > "Brazil Bovespa". Then do an "Update DataSet" in the Data Manager tool to backfill.

If you have followup questions please don't hesitate to ask us.

P.S. Note that "not working" doesn't work on our forum. ;-) The optimal way to get troubleshooting started is to provide a detailed report which includes what data is being imported, data provider, settings used etc., expectation and outcome (error message, screenshot...) Help us help you.
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I did that but here dont find that option "Select symbols from Classification Groups", just "ASCII" "METASTOCK""WEALTH...)(YAHOO) ,
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just realyze that i had to login and authenticate in Wealth before, but time end up and erro show up,

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Sorry that this wasn't obvious in my post #2 above. Updated the text. Yes, you have to select Yahoo, authenticate your free trial, and then choose said option. Note that stocks not included in Bovespa index may also be added to a DataSet manually, by typing it in, if symbol is supported by Yahoo.

If you experience an error, look it up in the Knowledge Base at the Wiki > Errors when working with Wealth-Lab.
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What are popular data provider in Brazil?
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