mlsanityData to 14 Oct 2026

TradeTrap: Are LLM-based Trading Agents Truly Reliable and Faithful?

arXiv 2512.02261 ↗First posted 1 Dec 2025cs.AIcited by 2

On the map: LLM agents and tool use → Financial trading and forecasting agents

Abstract (arXiv)

LLM-based trading agents are increasingly deployed in real-world financial markets to perform autonomous analysis and execution. However, their reliability and robustness under adversarial or faulty conditions remain largely unexamined, despite operating in high-risk, irreversible financial environments. We propose TradeTrap, a unified evaluation framework for systematically stress-testing both adaptive and procedural autonomous trading agents. TradeTrap targets four core components of autonomous trading agents: market intelligence, strategy formulation, portfolio and ledger handling, and trade execution, and evaluates their robustness under controlled system-level perturbations. All evaluations are conducted in a closed-loop historical backtesting setting on real US equity market data with identical initial conditions, enabling fair and reproducible comparisons across agents and attacks. Extensive experiments show that small perturbations at a single component can propagate through the agent decision loop and induce extreme concentration, runaway exposure, and large portfolio drawdowns across both agent types, demonstrating that current autonomous trading agents can be systematically misled at the system level. Our code is available at https://github.com/Yanlewen/TradeTrap.

Key facts. Cited by 2 papers in the map (data through 14 Oct 2026). Placed in Financial trading and forecasting agents, one of 16 directions in LLM agents and tool use. Builds on 23 of its 29 references that are in the map. First posted on arXiv 1 Dec 2025.

Builds on

23 of 29 references.

Closest ancestors · 5

Same direction, newest first

  1. 2025FLAG-Trader: Fusion LLM-Agent with Gradient-based Reinforcement Learning for Financial Trading17 Feb
  2. 2024TradingAgents: Multi-Agents LLM Financial Trading Framework28 Dec
  3. 2024INVESTORBENCH: A Benchmark for Financial Decision-Making Tasks with LLM-based Agent24 Dec
  4. 2024FinCon: A Synthesized LLM Multi-Agent System with Conceptual Verbal Reinforcement for Enhanced Financial Decision Making9 Jul
  5. 2023FinMem: A Performance-Enhanced LLM Trading Agent with Layered Memory and Character Design23 Nov

Other references · 18

  1. 2020Language Models are Few-Shot Learnerscited by 32,419
  2. 2022ReAct: Synergizing Reasoning and Acting in Language Modelscited by 8,695
  3. 2021Evaluating Large Language Models Trained on Codecited by 8,320
  4. 2023Toolformer: Language Models Can Teach Themselves to Use Toolscited by 4,182
  5. 2023Generative Agents: Interactive Simulacra of Human Behaviorcited by 3,568
  6. 2022Do As I Can, Not As I Say: Grounding Language in Robotic Affordancescited by 2,348
  7. 2023Voyager: An Open-Ended Embodied Agent with Large Language Modelscited by 2,191
  8. 2023Jailbroken: How Does LLM Safety Training Fail?cited by 1,651
  9. 2017BadNets: Identifying Vulnerabilities in the Machine Learning Model Supply Chaincited by 1,106
  10. 2023Prompt Injection attack against LLM-integrated Applicationscited by 605
  11. 2019Defending Against Neural Fake Newscited by 559
  12. 2024AgentPoison: Red-teaming LLM Agents via Poisoning Memory or Knowledge Basescited by 429
6 more
  1. 2024PoisonedRAG: Knowledge Corruption Attacks to Retrieval-Augmented Generation of Large Language Modelscited by 267
  2. 2024Imprompter: Tricking LLM Agents into Improper Tool Usecited by 68
  3. 2024Denial-of-Service Poisoning Attacks against Large Language Modelscited by 35
  4. 2025Time Travel is Cheating: Going Live with DeepFund for Real-Time Fund Investment Benchmarkingcited by 21
  5. 2025FinTrust: A Comprehensive Benchmark of Trustworthiness Evaluation in Finance Domaincited by 8
  6. 2025Learning to Conceal Risk: Controllable Multi-turn Red Teaming for LLMs in the Financial Domaincited by 6

Built on by

Cited by year (2026 to 14 Oct)

Citing papers per year: 2026: 2.

2 papers.

Similar, not cited

Close in wording, no citation either way

  1. 2026SoK: Trading Agents or Market Crashers? Dissecting Robustness and Security Failures in Academic Financial LLM Trading Schemes
  2. 2025When Agents Trade: Live Multi-Market Trading Benchmark for LLM Agents
  3. 2026Beyond Agent Architecture: Execution Assumptions and Reproducibility in LLM-Based Trading Systems
  4. 2024Large Language Model Agent in Financial Trading: A Survey
  5. 2026Can Agentic Trading Systems Pay for Their Own Intelligence?
  6. 2026Agentic Trading: When LLM Agents Meet Financial Markets
  7. 2026EvolveTrade: Experience-Driven Policy Refinement for Self-Evolving LLM Trading Agents
  8. 2025ATLAS: Adaptive Trading with LLM AgentS Through Dynamic Prompt Optimization and Multi-Agent Coordination