Algo Trading Charges & Pricing in India - uTrade Algos (2024)

• Share India Brokerage Charges (per month)
• Live Deployment
• Symbols Available
• Concurrent Algo Deployment
• Multiplier for uTrade Originals
• uTrade Originals Available
• Create Strategies upto
• Backtest per day
• Backtest per month
• Backtest data [in months]

Free Trial

• Free
• Nifty, Bank Nifty, FinNifty
• 2
• Upto 8X
• 5
• 2
• 2
• 2

Prarambh

• ₹ 499
• Nifty, Bank Nifty, FinNifty
• 3
• Upto 2X
• 0
• 0
• 0
• 0

Beginner Plan

• ₹ 2,999
• Nifty, Bank Nifty, FinNifty
• 2
• Upto 12X
• 10
• 2
• 10
• 6

Pro Plan

• ₹ 3,999
• Nifty, Bank Nifty, FinNifty
• 4
• Upto 12X
• 20
• 5
• 20
• 18

Wizard Plan

• ₹ 6,499
• All
• 6
• Upto 18X
• 30
• 10
• 30
• 24

Expert Plan

• ₹ 14,999
• All
• 10
• Upto 45X
• 50
• 20
• 50
• 36

• Share India Brokerage Charges
• Live Deployment
• Symbols Available
• Concurrent Algo Deployment
• Multiplier for uTrade Originals
• uTrade Originals Available
• Create Strategies upto
• Backtest per day
• Backtest per month
• Backtest data [in months]

Free Trial

• Free
• Nifty, Bank Nifty, FinNifty
• 2
• Upto 8X
• 5
• 2
• 2
• 2

• Share India Brokerage Charges (per month)
• Live Deployment
• Symbols Available
• Concurrent Algo Deployment
• Multiplier for uTrade Originals
• uTrade Originals Available
• Create Strategies upto
• Backtest per day
• Backtest per month
• Backtest data [in months]

Prarambh

• ₹ 999
• Nifty, Finnifty, Banknifty
• 3
• Upto 2X
• 0
• 0
• 0
• 0

Beginner Plan

• ₹ 2,999
• Nifty, Finnifty, Banknifty
• 3
• Upto 12X
• 10
• 2
• 10
• 6

Pro Plan

• ₹ 3,999
• Nifty, Finnifty, Banknifty
• 4
• Upto 12X
• 20
• 5
• 20
• 18

Wizard Plan

• ₹ 6,499
• All
• 6
• Upto 18X
• 30
• 10
• 30
• 24

Expert Plan

• ₹ 14,999
• All
• 10
• Upto 45X
• 50
• 20
• 50
• 36

• Share India Brokerage Charges
• Live Deployment
• Symbols Available
• Concurrent Algo Deployment
• Multiplier for uTrade Originals
• uTrade Originals Available
• Create Strategies upto
• Backtest per day
• Backtest per month
• Backtest data [in months]

Prarambh

• ₹ 2,840
• Nifty, Finnifty, Banknifty
• 3
• Upto 2X
• 0
• 0
• 0
• 0

Beginner Plan

• ₹ 8,540
• Nifty, Finnifty, Banknifty
• 3
• Upto 12X
• 10
• 2
• 10
• 6

Pro Plan

• ₹ 11,390
• Nifty, Finnifty, Banknifty
• 4
• Upto 12X
• 20
• 5
• 20
• 18

Wizard Plan

• ₹ 18,520
• All
• 6
• Upto 18X
• 30
• 10
• 30
• 24

Expert Plan

• ₹ 42,740
• All
• 10
• Upto 45X
• 50
• 20
• 50
• 36

• Share India Brokerage Charges
• Live Deployment
• Symbols Available
• Concurrent Algo Deployment
• Multiplier for uTrade Originals
• uTrade Originals Available
• Create Strategies upto
• Backtest per day
• Backtest per month
• Backtest data [in months]

Prarambh

• ₹ 5,390
• Nifty, Finnifty, Banknifty
• 3
• Upto 2X
• 0
• 0
• 0
• 0

Beginner Plan

• ₹ 16,190
• Nifty, Finnifty, Banknifty
• 3
• Upto 12X
• 10
• 2
• 10
• 6

Pro Plan

• ₹ 21,590
• Nifty, Finnifty, Banknifty
• 4
• Upto 12X
• 20
• 5
• 20
• 18

Wizard Plan

• ₹ 35,090
• All
• 6
• Upto 18X
• 30
• 10
• 30
• 24

Expert Plan

• ₹ 80,990
• All
• 10
• Upto 45X
• 50
• 20
• 50
• 36

• Share India Brokerage Charges
• Live Deployment
• Symbols Available
• Concurrent Algo Deployment
• Multiplier for uTrade Originals
• uTrade Originals Available
• Create Strategies upto
• Backtest per day
• Backtest per month
• Backtest data [in months]

Prarambh

• ₹ 9,590
• Nifty, Finnifty, Banknifty
• 3
• Upto 2X
• 0
• 0
• 0
• 0

Beginner Plan

• ₹ 28,790
• Nifty, Finnifty, Banknifty
• 3
• Upto 12X
• 10
• 2
• 10
• 6

Pro Plan

• ₹ 38,390
• Nifty, Finnifty, Banknifty
• 4
• Upto 12X
• 20
• 5
• 20
• 18

Wizard Plan

• ₹ 62,390
• All
• 6
• Upto 18X
• 30
• 10
• 30
• 24

Expert Plan

• ₹ 1,43,990
• All
• 10
• Upto 45X
• 50
• 20
• 50
• 36

Free Trial

• Share India Brokerage Charges (per month): Free
• Live Deployment:
• Symbols Available: Nifty, Bank Nifty, FinNifty
• Concurrent Algo Deployment:
  2
• Multiplier for uTrade Originals:
  Upto 8X
• uTrade Originals Available:
  
• Create Strategies upto:
  5
• Backtest per day:
  2
• Backtest per month:
  2
• Backtest data [in months]:
  2

Subscribe Now

Prarambh

• Share India Brokerages Charges (per month): ₹ 499
• Live Deployment:
• Symbols Available: Nifty, Bank Nifty, FinNifty
• Concurrent Algo deployment:
  3
• Maximum Multiple to be allowed:
  Upto 2X
• uTrade Original Available:
  
• Create Strategies upto:
  0
• Backtest per day:
  0
• Backtest per month:
  0
• Backtest data [in months]:
  0

Subscribe Now

Beginner Plan

• Share India Brokerages Charges (per month): ₹ 2,999
• Live Deployment:
• Symbols Available: Nifty, Bank Nifty, FinNifty
• Concurrent Algo deployment:
  2
• Maximum Multiple to be allowed:
  Upto 12X
• uTrade Original Available:
  
• Create Strategies upto
  10
• Backtest per day:
  2
• Backtest per month
  10
• Backtest data [in months]:
  6

Subscribe Now

Pro Plan

• Share India Brokerages Charges (per month): ₹ 3,999
• Live Deployment:
• Symbols Available: Nifty, Bank Nifty, FinNifty
• Concurrent Algo deployment:
  4
• Maximum Multiple to be allowed:
  Upto 12X
• uTrade Original Available:
  
• Create Strategies upto:
  20
• Backtest per day:
  5
• Backtest per month:
  20
• Backtest data [in months]:
  18

Subscribe Now

Wizard Plan

• Share India Brokerages Charges (per month): ₹ 6,499
• Live Deployment:
• Symbols Available: All
• Concurrent Algo deployment:
  6
• Maximum Multiple to be allowed:
  Upto 18X
• uTrade Original Available:
  
• Create Strategies upto:
  30
• Backtest per day:
  10
• Backtest per month:
  30
• Backtest data [in months]:
  24

Subscribe Now

Expert Plan

• Share India Brokerages Charges (per month): ₹ 14,999
• Live Deployment:
• Symbols Available: All
• Concurrent Algo deployment:
  10
• Maximum Multiple to be allowed:
  Upto 45X
• uTrade Original Available:
  
• Create Strategies upto:
  50
• Backtest per day:
  20
• Backtest per month:
  50
• Backtest data [in months]:
  36

Subscribe Now

Free Trial

• Share India Brokerage Charges: Free
• Live Deployment:
• Symbols Available: Nifty, Bank Nifty, FinNifty
• Concurrent Algo Deployment:
  2
• Multiplier for uTrade Originals:
  Upto 8X
• uTrade Originals Available:
  
• Create Strategies upto:
  5
• Backtest per day:
  2
• Backtest per month:
  2
• Backtest data [in months]:
  2

Subscribe Now

Prarambh

• Share India Brokerages Charges (per month): ₹ 999
• Live Deployment:
• Symbols Available: Nifty, Bank Nifty, FinNifty
• Concurrent Algo deployment:
  3
• Maximum Multiple to be allowed:
  Upto 2X
• uTrade Original Available:
  
• Create Strategies upto:
  0
• Backtest per day:
  0
• Backtest per month:
  0
• Backtest data [in months]:
  0

Subscribe Now

Beginner Plan

• Share India Brokerages Charges (per month): ₹ 2,999
• Live Deployment:
• Symbols Available: Nifty, Bank Nifty, FinNifty
• Concurrent Algo deployment:
  3
• Maximum Multiple to be allowed:
  Upto 12X
• uTrade Original Available:
  
• Create Strategies upto
  10
• Backtest per day:
  2
• Backtest per month
  10
• Backtest data [in months]:
  6

Subscribe Now

Pro Plan

• Share India Brokerages Charges (per month): ₹ 3,999
• Live Deployment:
• Symbols Available: Nifty, Bank Nifty, FinNifty
• Concurrent Algo deployment:
  4
• Maximum Multiple to be allowed:
  Upto 12X
• uTrade Original Available:
  
• Create Strategies upto:
  20
• Backtest per day:
  5
• Backtest per month:
  20
• Backtest data [in months]:
  18

Subscribe Now

Wizard Plan

• Share India Brokerages Charges (per month): ₹ 6,499
• Live Deployment:
• Symbols Available: All
• Concurrent Algo deployment:
  6
• Maximum Multiple to be allowed:
  Upto 18X
• uTrade Original Available:
  
• Create Strategies upto:
  30
• Backtest per day:
  10
• Backtest per month:
  30
• Backtest data [in months]:
  24

Subscribe Now

Expert Plan

• Share India Brokerages Charges (per month): ₹ 14,999
• Live Deployment:
• Symbols Available: All
• Concurrent Algo deployment:
  10
• Maximum Multiple to be allowed:
  Upto 45X
• uTrade Original Available:
  
• Create Strategies upto:
  50
• Backtest per day:
  20
• Backtest per month:
  50
• Backtest data [in months]:
  36

Subscribe Now

Prarambh

• Share India Brokerages Charges (per month): ₹ 2840
• Live Deployment:
• Symbols Available: Nifty, Bank Nifty, FinNifty
• Concurrent Algo deployment:
  3
• Maximum Multiple to be allowed:
  Upto 2X
• uTrade Original Available:
  
• Create Strategies upto:
  0
• Backtest per day:
  0
• Backtest per month:
  0
• Backtest data [in months]:
  0

Subscribe Now

Beginner Plan

• Share India Brokerages Charges (Quarterly): ₹ 8,540
• Live Deployment:
• Symbols Available: Nifty, Bank Nifty, FinNifty
• Concurrent Algo deployment:
  3
• Maximum Multiple to be allowed:
  Upto 12X
• uTrade Original Available:
  
• Create Strategies upto
  10
• Backtest per day:
  2
• Backtest per month
  10
• Backtest data [in months]:
  6

Subscribe Now

Pro Plan

• Share India Brokerages Charges (Quarterly): ₹ 11,390
• Live Deployment:
• Symbols Available: Nifty, Bank Nifty, FinNifty
• Concurrent Algo deployment:
  4
• Maximum Multiple to be allowed:
  Upto 12X
• uTrade Original Available:
  
• Create Strategies upto:
  20
• Backtest per day:
  5
• Backtest per month:
  20
• Backtest data [in months]:
  18

Subscribe Now

Wizard Plan

• Share India Brokerages Charges (Quarterly): ₹ 18,520
• Live Deployment:
• Symbols Available: All
• Concurrent Algo deployment:
  6
• Maximum Multiple to be allowed:
  Upto 18X
• uTrade Original Available:
  
• Create Strategies upto:
  30
• Backtest per day:
  10
• Backtest per month:
  30
• Backtest data [in months]:
  24

Subscribe Now

Expert Plan

• Share India Brokerages Charges (Quarterly): ₹ 42,740
• Live Deployment:
• Symbols Available: All
• Concurrent Algo deployment:
  10
• Maximum Multiple to be allowed:
  Upto 45X
• uTrade Original Available:
  
• Create Strategies upto:
  50
• Backtest per day:
  20
• Backtest per month:
  50
• Backtest data [in months]:
  36

Subscribe Now

Prarambh

• Share India Brokerages Charges (per month): ₹ 5,390
• Live Deployment:
• Symbols Available: Nifty, Bank Nifty, FinNifty
• Concurrent Algo deployment:
  3
• Maximum Multiple to be allowed:
  Upto 2X
• uTrade Original Available:
  
• Create Strategies upto:
  0
• Backtest per day:
  0
• Backtest per month:
  0
• Backtest data [in months]:
  0

Subscribe Now

Beginner Plan

• Share India Brokerages Charges (Half Yearly): ₹ 16,190
• Live Deployment:
• Symbols Available: Nifty, Bank Nifty, FinNifty
• Concurrent Algo deployment:
  3
• Maximum Multiple to be allowed:
  Upto 12X
• uTrade Original Available:
  
• Create Strategies upto
  10
• Backtest per day:
  2
• Backtest per month
  10
• Backtest data [in months]:
  6

Subscribe Now

Pro Plan

• Share India Brokerages Charges (Half Yearly): ₹ 21,590
• Live Deployment:
• Symbols Available: Nifty, Bank Nifty, FinNifty
• Concurrent Algo deployment:
  4
• Maximum Multiple to be allowed:
  Upto 12X
• uTrade Original Available:
  
• Create Strategies upto:
  20
• Backtest per day:
  5
• Backtest per month:
  20
• Backtest data [in months]:
  18

Subscribe Now

Wizard Plan

• Share India Brokerages Charges (Half Yearly): ₹ 35,090
• Live Deployment:
• Symbols Available: All
• Concurrent Algo deployment:
  6
• Maximum Multiple to be allowed:
  Upto 18X
• uTrade Original Available:
  
• Create Strategies upto:
  30
• Backtest per day:
  10
• Backtest per month:
  30
• Backtest data [in months]:
  24

Subscribe Now

Expert Plan

• Share India Brokerages Charges (Half Yearly): ₹ 80,990
• Live Deployment:
• Symbols Available: All
• Concurrent Algo deployment:
  10
• Maximum Multiple to be allowed:
  Upto 45X
• uTrade Original Available:
  
• Create Strategies upto:
  50
• Backtest per day:
  20
• Backtest per month:
  50
• Backtest data [in months]:
  36

Subscribe Now

Prarambh

• Share India Brokerages Charges (per month): ₹ 9,590
• Live Deployment:
• Symbols Available: Nifty, Bank Nifty, FinNifty
• Concurrent Algo deployment:
  3
• Maximum Multiple to be allowed:
  Upto 2X
• uTrade Original Available:
  
• Create Strategies upto:
  0
• Backtest per day:
  0
• Backtest per month:
  0
• Backtest data [in months]:
  0

Subscribe Now

Beginner Plan

• Share India Brokerages Charges (Yearly): ₹ 28,790
• Live Deployment:
• Symbols Available: Nifty, Bank Nifty, FinNifty
• Concurrent Algo deployment:
  3
• Maximum Multiple to be allowed:
  Upto 12X
• uTrade Original Available:
  
• Create Strategies upto
  10
• Backtest per day:
  2
• Backtest per month
  10
• Backtest data [in months]:
  6

Subscribe Now

Pro Plan

• Share India Brokerages Charges (Half Yearly): ₹ 38,390
• Live Deployment:
• Symbols Available: Nifty, Bank Nifty, FinNifty
• Concurrent Algo deployment:
  4
• Maximum Multiple to be allowed:
  Upto 12X
• uTrade Original Available:
  
• Create Strategies upto:
  20
• Backtest per day:
  5
• Backtest per month:
  20
• Backtest data [in months]:
  18

Subscribe Now

Wizard Plan

• Share India Brokerages Charges (Yearly): ₹ 62,390
• Live Deployment:
• Symbols Available: All
• Concurrent Algo deployment:
  6
• Maximum Multiple to be allowed:
  Upto 18X
• uTrade Original Available:
  
• Create Strategies upto:
  30
• Backtest per day:
  10
• Backtest per month:
  30
• Backtest data [in months]:
  24

Subscribe Now

Expert Plan

• Share India Brokerages Charges (Yearly): ₹ 1,43,990
• Live Deployment:
• Symbols Available: All
• Concurrent Algo deployment:
  10
• Maximum Multiple to be allowed:
  Upto 45X
• uTrade Original Available:
  
• Create Strategies upto:
  50
• Backtest per day:
  20
• Backtest per month:
  50
• Backtest data [in months]:
  36

Subscribe Now

To downgrade your plan:

Go to the My Profile section of the platform

Click on upgrade subscription

Under any subscription that is a lower tier than your currently active one – you’ll see a Downgrade button

Click on the downgrade button to move you to the selected plan.

Your subsequent payments from the next billing cycle will get reduced to the amount of the newly selected plan.

Note: Suppose you were on the 3000Rs. Per month plan and then downgraded to ₹1000 plan on the 10th day of the 30 day payment cycle. Your plan will be downgraded from this term’s end i.e. after the 30 days and from the next payment cycle your recurring payment would be lowered to 1000Rs/month and plan privileges would be downgraded.

To upgrade your plan:

Go to the My Profile section of the platform

Click on upgrade subscription

Under any subscription that is higher tier than your currently active one – you’ll see an Upgrade button

Click on the Upgrade button to move you to the selected plan.

Your subsequent payments from the next billing cycle will get increased to the amount of the newly selected plan.

‍

Here’s how the difference amount will be managed.

If you were initially on the ₹1000 plan and used it for 15 days, but now want to upgrade to the ₹2500 plan:

The amount used in 15 days = (1000/30)x15 = ₹500.

Amount left = ₹500

Delta = 2500 – 500 = ₹2000. This amount will be charged to you as a one-time payment while upgrading your subscription.

Post payment, the subscription, and your account privileges will be upgraded in real-time.

Note- your subsequent payments would be bumped up to 2500 Rs which will be automatically deducted from your account every month.

Can I subscribe to a monthly plan using other payment option?

You can activate your subscription with utrade algos using the following payment methods:

1. UPI – Simply mention your VPA (UPI ID) and accept the mandate request on your payment app

2. Cards – Select ‘Stripe’ as the payment option. Enter your credit card details and complete the payment process.

You can activate your subscription with utrade algos using the following payment methods:

1. UPI – Simply mention your VPA (UPI ID) and accept the mandate request on your payment app

2. Cards – Select ‘Stripe’ as the payment option. Enter your credit card details and complete the payment process.

Is algo trading free in India?

While Algo Trading has been quite expensive especially for a retail trader, uTrade Algos provides institutional grade features and a powerful algo engine at a nominal cost. Our premium plans start at just Rs. 999* thereby making algorithmic trading accessible to all.

What’s more is, you get a free 15-day trial so anyone and everyone can experience the power of algorithms. Sign up today – https://login.utradealgos.com/auth/login

How do I subscribe to uTrade Algos?

Is algo trading free in India?

While Algo Trading has been quite expensive especially for a retail trader, uTrade Algos provides institutional grade features and a powerful algo engine at a nominal cost. Our premium plans start at just Rs. 999* thereby making algorithmic trading accessible to all.

What’s more is, you get a free 15-day trial so anyone and everyone can experience the power of algorithms. Sign up today – https://login.utradealgos.com/auth/login

Can I use UPI for subscription payments on uTrade Algos?

Yes, follow these steps to activate your subscription using UPI:

1. 1. Mention your VPA (UPI ID): Provide your Virtual Payment Address (VPA) or UPI ID to uTrade Algos.

2. Approve the mandate: Authorize uTrade Algos to automatically deduct the chosen subscription amount from your account at the end of the subscription term.

By completing these steps, your payments will be handled automatically, ensuring a seamless subscription experience with uTrade Algos.