7 BEST Algo Trading Software in India (2025)

Algo Trading is an algorithm-based trading, which is a popular trading method that is widely used in India. These algo trading tools help execute trading faster than humans. Using such trading software also minimizes emotions as they work based on predefined parameters. The best software for algo trading protects you from significant losses, optimizes execution prices, analyzes large amounts of real-time data, and more. However, selecting a poor-quality trading tool can lead to execution errors, losses, limited asset coverage, and a lack of support and flexibility.

With over 125 hours of dedicated research, I have delved into 27+ BEST Algo Trading Software in India, offering both free and paid choices. My professional and insightful review presents an in-depth look at the features, pros and cons, and pricing of these tools. This ultimate guide is designed to help you make the best choice. You can now go through the article to simplify your selection process. Read more…

Best Automated Algo Trading Software in India: Top Picks!

Name	Supported Exchanges	Regulation	Supported Platforms	Free Trial	Link
👍 TradeTron	NSE, BSE, MCX, etc.	SEBI	iOS, Web, Android, Mac, Linux	Free Basic Plan	Learn More
AlgoTest	NSE, BSE, MCX, etc.	SEBI	Android, iOS, Web	25 Free Backtests	Learn More
Quantiply	NSE, BSE, MCX, etc.	SEBI	Android, iOS, Web	7-Day Free Trial	Learn More
Market Maya	NSE, BSE, MCX, etc.	SEBI	Web, iOS, Android	Not specified	Learn More
Robotrader	NSE, BSE, MCX, etc.	SEBI	iOS, Web, Android	Demo Available on Request	Learn More

1) TradeTron

TradeTron is one of the best algo trading software in India. In my experience, it helps traders automate their quant strategies with ease. As a TradeTron user, you can sell your quant strategies to traders and investors worldwide. This software is great for anyone looking to avoid coding or using additional Algo trading tools. During my research, I found that it allows you to deploy up to 100 strategies and create as many private ones as needed. It also includes paper trading, so it is a great way to test strategies without risking real money.

Features:

• Trading Engine: This engine takes care of your trades by constantly looking out for new prices for any instrument in your strategy. Its architecture scales automatically with the number of strategies, be it one or a million.
• Strategy Building Wizard: You can use TradeTron to build a full range of strategies and algorithms without a single line of code. This wizard includes a simple process like data adaptors, strategy signal generator, price execution logic, order management system, and broker and exchanges.
• Social Trading: Social trading enables users to explore a vast range of strategies, helping them pick and customize strategies for their portfolio.
• Backtesting Engine: TradeTron’s backtesting engine utilizes extensive historical data, allowing traders to analyze and test strategies before implementing them in live markets.
• Algo Strategies: This automated trading software of India provides algo trading strategies for all kinds of traders and investors. You get strategies like directional, wealth building, futures, quant model, volatility-based, pair trading, and more.
• Reports: TradeTron offers unlimited easy-to-read reports in a single interface. You can filter these reports based on strategy type, creator, broker, execution type, and more.
• Support: I reached out to its support via the contact form, and they resolved my queries in an instant. Traders can also use its FAQs and blogs to find a solution for any general questions.

Pricing:

Here are some of the monthly plans of TradeTron

Starter	Retail	Retail+
₹300	₹1200	₹2500

Free trial: It has a free version that allows you to create 10 private strategies.

Visit TradeTron >>

Lifetime Free Basic Plan

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2) AlgoTest

AlgoTest AlgoTest offers more than 20 brokers and 25 free backtests. I found that it is great for traders from beginner to advanced levels. You can test over 5 years of past data with AlgoTest, and these tests run fast for your ease. This trading software gives a full set of tools for traders. With this analysis tool, you also get easy, free, and quick templates that you can reach with one click and use daily.

Features:

• Analyze: In AlgoTest, you can add your strategy and analyze statistics. It is a free service, therefore, you can simply visit its website, click on analyze, go to your desired page, and start using it.
• Backtesting: With AlgoTest, you can backtest years of data in just a few seconds. The backtest offers detailed reports that include success rate, max DD, and more. It has advanced features like Legwise SL and Lock Profit that help maximize gains. You also get realistic results that account for slippage, taxes, and brokerage.
• Charts: AlgoTest provides advanced charts with pre-built strategies like Straddle, Strangle, Bull Call Spread, and Bear Put Spread for informed decision-making.
• Simulator: Using its simulator, you can mimic the past strategy performance realistically and transport any date and time in just a click. You can also make adjustments in the simulator till you master the strategies.
• F&O Margin Calculator: The platform offers a free F&O Margin calculator to estimate required security by NSE and BSE for various trading strategies.
• Live Trade: It lets you choose from 20+ brokers to execute strategies and lets you deploy them in one click. The live trade is also a centralized location for monitoring strategies, trades, and P&L.
• Support: I contacted AlgoTest via email and was satisfied with their response. You can also reach its customer support on other social media like Instagram, Twitter, Facebook, etc. It also has a community, blogs, and education center on its website.

Pricing:

This free algo trading software offers credits that you can use on the platform, here are some of its pricing.

Plan Name	Credits	Price
Starter	400	₹399
Explorer	1000	₹899
Pro	2500	₹1999

Free trial: AlgoTest is available to use for free.

Visit AlgoTest >>

25 Free Backtests

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3) Quantiply

Quantiply Quantiply is a well-known trading software in India that offers powerful features and is appealing to the eyes with a modern UI. I reviewed its unique tools that help you make strategies and send them to the markets with ease. It offers fast backtesting by running billions of calculations each second. Traders also get beneficial features like scanning and real-time alerts about algorithms. It is a great option for those looking to enhance their trading strategies..

Features:

• Risk Management: Quantiply enhances risk management through systematic trading. It allows users to backtest strategies and monitor real-time deployment for optimized performance.
• Strategies: Quantiply enables users to create or copy strategies and backtest them instantly. It supports seamless deployment for live and simulated trading scenarios.
• Scanner: Its scanner lets you scan any sector in just seconds. You can scan with pre-market data and also get alerts when the algorithm triggers the entry or exit of the trade signals.
• Technicals: This tool helps create a custom watchlist and provides instant technical snapshots. The traders can use these snapshots to make unbiased trading decisions as custom watchlists help focus on specific sets of stocks and monitor them.
• Mobile App: Quantiply mobile app has a user-friendly interface that simplifies trading. You can also access tutorials in this app to train yourself and remain updated.
• Technical Indicators: The technical indicators at Quantiply include chart patterns, futures and options, overlap studies, and oscillators. It also has price action and volume and volatility indicators.

Pricing:

Here are the monthly plans for Quantiply algo trading software

Plan Name	Credits	Price
Starter	250	₹250
Semi Pro	1250	₹1250
Pro	2000	₹2000

Free Trial: Quantiply offers a 7-day  free trial.

Visit Quantiply >>

7-Days Free Trial

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4) Market Maya

Market Maya is a smart trading tool that lets you build, backtest, and automate unique strategies. I suggest you create dynamic strategies with its advanced plugins. It lets you make a basket of many symbols from different strategies, check their past performance, and use them for algo trading. In my experience, this trading software in India is an excellent choice for those who aim to refine their trading methods. It is a superior choice for traders seeking a remarkable tool.

You can also learn trading from experts by exploring its community or sharing your ideas with them to encourage other investors. It offers numerous associate brokers to create your trading account with, such as Dhan, Alice Blue, Upstox, Espresso, Kunvarji-Saral, and many more.

Features:

• Markets: Market Maya is a platform for instant access to stocks, commodities, crypto, forex, futures, and more. It offers in-depth coverage with the help of numerous data feeds.
• Low Latency: This algo trading software ensures low latency with cutting-edge technology that manages trading order queues. It can reroute the traffic to multiple high-end trading servers with ultra-fast execution.
• Live Auto Trade: Seamlessly connect your trading account to Market Maya AI Algo Terminal for automated execution of your customized strategies in real-time.
• Paper Auto Trade: Its paper trading simulates accurate scenarios of the real trading world. This helps you practice buying and selling securities without using actual money before going into the real market.
• Strategy Plugins: You get multiple plugins such as 2 leg, 4 leg, 6 leg, and multi-leg. Market Maya plugins also include scalping, charting bridge, and custom trade.
• Other Features: It offers dynamic reporting, campaign, and lead management, a white label, and a multi-tier rebate system. You also get live payment gateways, wallet and recharge, and notifications via SMS, email, and WhatsApp.

Pricing: Market Maya is a completely free algo trading software.

Link: https://marketmaya.com/

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5) Robotrader

Robotrader is a high-frequency algo trading software that I tested for Indian quant traders. It is designed to speed up your trading profit cycle by customizing strategies based on the stock market. I found that it is a great way to adapt to market changes quickly. It is important to consider this tool if you are looking to improve your trading outcomes.

With the help of Robotrader risk management, you can customize the risk level for each strategy. Its strategies include intraday options, equity intraday, positional options, MCX intraday, and Forex trading.

Features:

• Grasp the Market: It is a fully automated trading software of India that offers market analysis from advanced algorithms, and you can join daily live trading sessions. Moreover, you can share your trading ideas and create tailored algorithms for yourself.
• Naked Trading Option: This is a powerful tool that helps identify opportunities in the future underlying and sends orders in option contracts such as ATM/OTM/IM.
• Algo Development: On the Robotrader website, you can go to Algo development and hire programmers to develop Amibroker AFL. It also lets you hire expert advisors and get trading tools and more, as per requirement. Additionally, you get MT4 and MT5 programming services.
• Complete Security: Robotrader provides a high level of security by ensuring your funds are protected and remain under your direct control, as it does not have any direct access to them at any point.
• Sync Portfolio: You can sync your portfolio by aligning the crypto assets with your trader account in a single click. It also gives you the ability to allocate your funds to traders with different trading strategies.
• Platforms: It manages your trading across various platforms like Amibroker, Binance, Ctrader, and MetaTrader. You can also use Robotrader with TradingView, Ninja Trader, and Excel.

Pricing:

Here are the pricing plans of Robotraders

1 Month	Basic
₹3500	₹25,000

Free trial: It offers a demo upon request.

Link: https://www.robotrader.co.in/

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6) AlgoTraders

AlgoTraders is an excellent software that I analyzed for its systematic quantitative trading strategies. The team is made up of developers and scientists with advanced degrees in various fields. They develop software capable of autonomous trading in the markets. I noticed that its strategies are designed using the latest academic and industry findings. This makes it a superior choice for traders who want to stay ahead with the most recent research.

Features:

• Portfolio Management: AlgoTraders provides highly customized, algorithmically designed portfolios that are meticulously balanced to ensure mathematical precision and long-term stability, catering to varying investment goals.
• Big Data and AI: The AlgoTraders team creates decision support systems based on statistical techniques. This helps in making data-driven decisions while algo trading.
• Risk Management: Equipped with real-time risk evaluation tools, this software empowers traders to instantly respond to evolving market dynamics and minimize potential losses efficiently.
• Quality and Integrity: AlgoTraders use code reviews, unit testing, and other code testing tools that ensure high quality. All its products come with integrated privacy, thus, they guarantee complete confidentiality.
• Consistent Returns: The algorithmic systems employed by AlgoTraders have a proven track record of delivering consistent and stable performance over time, making it an excellent choice for long-term wealth creation.
• Diversification: The diversification of this algorithmic trading software protects you against risks. This is because AlgoTraders lets you diversify the portfolios across multiple markets and assets. It also allows the traders to generate returns in both bear and bull markets.

Pricing: You can reach out to its sales team or the support for its quotes.

Link: https://www.algotraders.ai/

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7) Algobulls

Algobulls is an excellent tool that I evaluated for its AI trading algorithms. It is regulated by NSE, BSE, MCXSX, and other bodies in India. This helps you trade easily with ready-to-use knowledge. It has Gen AI templates and manual coding. These features help you adapt to any market. I particularly liked how it simplifies complex trading tasks.

This automated trading software comes with a custom web panel that is information-rich and can provide a complete snapshot of all strategies that are in use. It also offers a snapshot of the volume of trading and subscription plans of every client for simplified management.

Features:

• Real Trading: Using this service, you get multi-exchange, multi-broker, and multi-country trading modules. It supports 150+ technical indicators, every category of order, diverse candlesticks, and more.
• Paper Trading: You can trade with virtual assets in a 100% virtual trading environment. Therefore, you do not have to invest your actual money and still get the true feel of the market.
• Backtesting: It offers error-free backtesting with fully automated predictive trading algorithms. You get authentic data along with historical data that helps you test various trading strategies.
• Tweak: Algobulls have more than 25 parameters that you can fine-tune. It includes strategy tweaks, strategy settings, instrument modifications, and order settings.
• Whitelabel: Its pre-constituted result-driven solutions offer custom strategies. It also provides power servers and easy server deployment. Furthermore, you get a custom web panel, subdomain, and server maintenance with this algorithmic trading.
• Comprehensive Reports: It offers snapshots of past and current trading activities. The Algobulls reports come as a PNL book that shows gross profit and loss, and the Trade book displays information on every trade. Furthermore, the Fund book showcases all charges, and the Logs include real-time information given out of each strategy, trade, etc.

Pricing:

Here are some of the monthly paid plans of this algo trading software in India.

Plan	Odyssey (Marketplace)	Phoenix	Support Plans
Beginner	₹499	₹1600	₹4000
Advanced	₹3999	₹8300	₹21000

Free trial: It has a free plan with no transaction charges

Link: https://algobulls.com/

What is Algo Trading Software?

Algo Trading software, also known as algorithm trading and automated trading, is an advanced trading tool that lets users trade with smart strategies and predefined rules. This software uses complex data to analyze the market to spot opportunities and execute trades with smart calculations.

Using Algorithm trading platforms, you can eliminate emotions that come from being a human, which may cloud your judgment. It can also execute trades instantly without any delay in decision-making. This software can gather and analyze a huge amount of data from various sources and make decisions in less than a second based on its pre-established guidelines.

How Did We Choose Best Algo Trading Software?

Guru99’s reviews on cryptocurrency are based on extensive research and industry expertise, providing accurate, reliable, and unbiased information to help you make informed decisions in the ever-evolving crypto landscape. With over 125 hours of dedicated research, I have explored 27+ best algo trading software in India, offering both free and paid options. This professional review presents an in-depth look at the features, pros and cons, and pricing of these tools. Check out below important factors: choosing the top algo trading software requires understanding its features, user-friendliness, and reliability, as the right software can enhance trading efficiency and profitability.

• Features: Pay attention to the range of features offered by the software, such as backtesting, real-time data, and automated trading capabilities.
• User-Friendliness: It is essential to choose software that is easy to navigate and understand, especially for beginners.
• Reliability: Make sure you select a platform known for its stability and minimal downtime to avoid trading disruptions.
• Cost: Consider the pricing structure and ensure it aligns with your budget and trading needs.
• Support: Good idea to opt for software that provides robust customer support to address any issues promptly.
• Security: One of the most important aspects is ensuring the software has strong security measures to protect your data and investments.

How Does Algo Trading Software Work?

Algo Trading software works based on a predefined set of rules and frameworks that are programmed and encrypted in it. Here is a simple step-by-step information to help you understand it better.

Step 1) A trading strategy builder makes a trading strategy based on certain parameters.

Step 2) These parameters are then converted into algorithms by software.

Step 3) The algorithms are then tested thoroughly and placed in the software.

Step 4) Algo trading software then identifies profitable patterns using the predefined rules and strategies.

Algo trading software can work faster than manual methods and identify market opportunities at lightning speed.

Benefits of Algorithmic Trading Software

Algorithmic Trading software offers numerous benefits to its users. Here are some of the advantages that you can gain from it:

• High speed: It works at lightning speed to execute a trade, which is crucial in a market that is liable to change within seconds. The algorithm-based software can analyze and grab market opportunities within milliseconds.
• Eliminate emotions: Emotions like poor judgment due to greed that may lead to loss or fear of taking the necessary leaps have no place in Algo trading. It is purely based on strategy, thus, it helps with accurate decision-making.
• Risk management: Algorithm trading software can auto-implement stop-loss orders and comes with other risk management capabilities.
• Multiple markets simultaneously: The best algo trading platforms in India can monitor multiple markets at once. Thus allowing you to save time and effort and trade across numerous markets and assets.

FAQs

Verdict

The above list of algo trading platforms created by our reviewers are reliable software that can help you grab market opportunities at high speed. Nevertheless, we would like to recommend three top picks that we found the most beneficial during our research.

• TradeTron: It is one of the best algo trading apps in India that lets you deploy up to 100 strategies and create unlimited private strategies.
• AlgoTest: This is a cost-effective solution that provides comprehensive backtesting capabilities, making it an ideal choice for traders looking to refine their strategies.
• Quantiply: With Quantiply, you get lightning-fast backtesting as it can run billions of computations every second. Additionally, it provides unlimited scans for algo trading in India.