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AlgoTest

Brand: Oraph

  • 4.6

  • 8 Ratings & 8 Reviews

AlgoTest is a no-code algo trading software that helps retail traders build, backtest, paper trade, and automate their trading strategies. It is built for the Indian stock and options market.

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₹499

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AlgoTest Software Overview

What is AlgoTest?

AlgoTest is a web based algo trading platform made for retail traders in India. It allows users to create trading strategies without writing any code. Traders can use a simple drag and drop builder to set entry rules, exit rules, and risk limits for their strategies.

The platform lets users test their strategies on historical market data through backtesting. Once a strategy looks promising, traders can run it in paper trading mode to check how it performs in live market conditions, without using real money. When a trader is ready, the strategy can be connected to a broker account for live execution.

AlgoTest supports strategy building, backtesting, paper trading, and automation in one place. It works with major indices and a wide range of stock options, and connects with many broker platforms for smooth order execution.

Benefits of AlgoTest

  • No-Code Strategy Building: Create trading strategies using a simple visual builder. No programming knowledge is needed.
  • Reliable Backtesting: Test strategies against several years of historical market data to check how they would have performed in the past.
  • Risk-Free Paper Trading: Practice strategies in real market conditions using virtual funds before risking real capital.
  • Broker Integration: Connect with multiple broker accounts to move from testing to live trading with ease.
  • Detailed Reports: Get clear reports on strategy performance, including win rate and drawdowns, to make better trading decisions.
  • Signals AI: Describe a strategy in plain English and let the AI agent build the trading logic for you.

Why Choose AlgoTest?

  • Beginner Friendly: The platform is designed so traders without coding skills can still build and test strategies easily.
  • Strong Backtesting Engine: AlgoTest runs strategies across multiple years of data, covering different market cycles and conditions.
  • Wide Market Coverage: Supports major indices and a large selection of stock options for strategy building.
  • Community and Learning Support: Offers tutorials, documentation, courses, and webinars to help traders learn algo trading.
  • Free Weekly Backtests: New users get free backtests every week to try the platform before committing to a paid plan.
  • End-to-End Workflow: Covers the full journey from strategy building to backtesting, paper trading, and live automation in one platform.

AlgoTest Pricing

AlgoTest price starts at INR 499 for 500 credits.

The pricing model is based on different parameters, including extra features, deployment type, and the total number of users. For further queries related to the product, you can contact our product expert and learn more about the pricing and offers.

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Oraph Company Details

Founded Year:  2021

AlgoTest is an investment technology firm that offers full-stack algorithmic testing and execution for trading strategies.

Director/Founders Raghav Malik
Company Size 1-100 Employees

AlgoTest Pricing & Plans

Starter
Key Features
  • Automated Reports
  • Technical Analysis
  • Charting Tools
  • Backtesting and Optimization
  • Crypto Trading
Starting at ₹499
    • Credits

      Credits
      Credits

Key Features

  • Automated Reports

  • Technical Analysis

  • Charting Tools

  • Backtesting and Optimization

  • Crypto Trading

AlgoTest Features

Core Features

  • icon_check Portfolio Management
    Track investments and assess performance effectively.
  • icon_check Market Data
    Real-time stock prices and market trends for informed trading decisions.
  • icon_check Order Control
    Manage and modify trades efficiently to align with trading strategies.
  • icon_check Order Execution
    Complete trades by placing, modifying, and canceling orders.
  • icon_check Charting Tools
    Visual tools to analyze price movements and trends using various chart types.
  • icon_check Watchlist
    Customizable list of securities for easy monitoring of price movements.

Order Execution

  • icon_check Limit Order
    Buy/sell at a specified price or better for control over trade execution.
  • icon_check Market Order
    Immediate buy/sell at current market price prioritizing speed.
  • icon_check Stop (Loss) Order
    Sell when the price hits a certain level to limit losses.
  • icon_check Stop Limit Orders
    Triggers a limit order once a specified stop price is reached.
  • icon_check Trailing Stop Order
    Adjusts the stop price with favorable market movement for profit protection.

Research and Analysis

  • icon_check Technical Analysis
    Use price movements and volume data to predict future price trends.
  • icon_check Backtesting and Optimization
    Test strategies against historical data to assess effectiveness.
  • icon_check Fundamental Analysis
    Evaluate a security's value by analyzing financial data and economic factors.
  • icon_check Pattern Recognition
    Identify significant historical price patterns for future forecasting.
  • icon_check Scanning Tools
    Filter stocks based on specific criteria to spot trading opportunities.
  • icon_check Smart drawing tools
    Annotate charts with trend lines and levels for better analysis.

Trading Options

  • icon_check Paper Trading
    Simulate trading without real money to test strategies.
  • icon_check Intraday Trading
    Buy/sell securities within the same trading day for short-term gains.
  • icon_check Algorithm Trading
    Automate trading strategies for faster execution without emotional bias.
  • icon_check Options Trading
    Buy/sell options contracts for strategic market exposure.
  • icon_check Futures Trading
    Trade contracts obligate the purchase/sale of an asset at a future date.
  • icon_check Automatic Trading
    Execute trades automatically based on set criteria.
  • icon_check Crypto Trading
    Trade cryptocurrencies to benefit from market volatility.
  • icon_check Forex Trading
    Trade currency pairs to profit from exchange rate fluctuations.
  • icon_check Mutual Funds
    Invest in professionally managed portfolios for diversified exposure.
  • icon_check Margin Trading (MTF)
    Borrow funds to trade larger positions than account balance allows.
  • icon_check Stock SIP
    Allows for systematic investment in stocks over time to build a portfolio gradually.

Account Management

  • icon_check Demat Account Creation
    Facilitate the opening of electronic securities accounts.
  • icon_check Platform Migration
    Assist in transferring accounts or data from one platform to another.
  • icon_check Multi-Factor Authentication (MFA)
    Enhance security with multiple verification methods.
  • icon_check Customizable User Interface
    Personalize trading environments for ease of use.

Integrations

  • icon_check API Integration
    Connect third-party apps to enhance platform functionality.
  • icon_check Financial Tools Integration
    Incorporate various financial analysis tools for improved insights.

Reporting & Analytics

  • icon_check Dashboards
    Visual summaries of key performance metrics for quick assessments.
  • icon_check Automated Reports
    Generate regular reports on trading activity and performance automatically.
  • icon_check P&L Report
    Summarize profits and losses over a specified period.
  • icon_check Report Customization
    Tailor reports to meet specific user requirements for relevance.
  • icon_check Contract Note
    Document detailing trade specifics, including prices and fees.
  • icon_check Financial Transaction Report (CashLedger)
    Track cash inflows and outflows in the trading account.

Alerts & Notification

  • icon_check Real Time Market Updates
    Instant notifications on significant market changes and events.
  • icon_check Price Alert
    Notifications when securities hit specified price points.
  • icon_check News Alerts
    Updates on news events that could impact markets.
  • icon_check Volume Alerts
    Alerts for unusual trading volumes in securities.
AlgoTest Demo Video play icon

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Watch the demo video to explore key features, real workflows, and how the software fits your business needs.

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AlgoTest Specifications

Supported Platforms
Windows Windows iOS iOS Android Android MacOS MacOS
Devices
Desktop Desktop Mobile Mobile Tablet Tablet iPad iPad
Deployment
Cloud-Based Cloud-Based
Suitable For
Stock Market
Business Specific
Stock Market
Business Size
Individual Small Business Startups Medium Business Enterprises SMBs MSMEs
Customer Support
Email Live Chat
Language
English
Integration
API Integration
Training Resources
Webinars Documentation Videos

AlgoTest Reviews

4.6

Out of 5

img

Overall Rating

Based on
8 Verified Reviews

Rating Breakdown

  • Features 4.6
  • Value for Money 4.7
  • Ease of Use 4.7
  • Customer Support 4.6

91% Recommend this Product

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Pros

  • "As a beginner, I found it easy to pick up. The layout is simple, and there are guides that helped me understand backtesting and paper trading step by step."

    SumitraAug 14, 2026

  • "I could test my strategy with fake money in live market conditions before going live for real. This helped me catch issues like delays and partial order fills early on."

    HarishAug 13, 2026

  • "Once my strategy rules were set, the platform handled everything on its own during market hours. I didn't have to sit and watch charts all day like I used to"

    Avanish Aug 13, 2026

Cons

  • "Some of the more advanced features took longer to understand, so I stuck to the basics for the first few weeks."

    SumitraAug 14, 2026

  • "If you run a lot of backtests while testing ideas, the costs can add up once you cross the free weekly limit."

    MaharajaAug 14, 2026

  • "There are a lot of settings in the builder, so it took some time to figure out the entry and exit options properly."

    SahasraAug 14, 2026

Sumitra

Project Manager

Industry: Dairy User since: 6-12 months

4.7

Reviewed on: Aug 14, 2026

Techjockey Verified

“Good for Someone Just Starting With Algo Trading”

AlgoTest is beginner-friendly and doesn't assume you already know a lot about algo trading.

Pros

As a beginner, I found it easy to pick up. The layout is simple, and there are guides that helped me understand backtesting and paper trading step by step.

Cons

Some of the more advanced features took longer to understand, so I stuck to the basics for the first few weeks.

Switched from QuantMan

Reason to switch

I wanted one platform that covered all the indices I trade instead of switching between tools.

maharaja

Auditor

Industry: Dairy

4.7

Reviewed on: Aug 14, 2026

Techjockey Verified

“Backtesting That Actually Feels Reliable”

AlgoTest is a simple, no-code tool for testing and running trading strategies in India. You don't need to know coding to use it.

Pros

The backtesting uses years of past data, not just daily prices, so the results feel a lot more trustworthy. I can see win rate, max loss, and every trade in detail, which helps me spot problems before risking real money.

Cons

If you run a lot of backtests while testing ideas, the costs can add up once you cross the free weekly limit.

Switched from Questrade

Reason to switch

I wanted better, more accurate back testing than what I was getting before.

Sahasra

Accountant

Industry: Biotechnology User since: 6-12 months

4.7

Reviewed on: Aug 14, 2026

Techjockey Verified

“No-Code Strategy Builder Made Algo Trading Accessible”

AlgoTest lets you build trading strategies without writing any code. It's easy to use even if you're not techy

Pros

I could build and test options strategies just by dragging and dropping, no coding needed. The charts and visuals made it easy to understand how a strategy would work before actually using it.

Cons

There are a lot of settings in the builder, so it took some time to figure out the entry and exit options properly.

Switched from Tradetron

Reason to switch

I wanted something simpler to build strategies with, not a platform focused mostly on buying other people's strategies.

See All AlgoTest Reviews

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How much does AlgoTest cost?

AlgoTest price starts at INR 499 at Techjockey.

What is AlgoTest used for?

AlgoTest is used to build, backtest, paper trade, and automate trading strategies for the Indian stock and options market.

Do I need coding knowledge to use AlgoTest?

No, AlgoTest is a no-code platform. You can build strategies using a simple drag and drop tool.

Can I test a strategy before using real money?

Yes, AlgoTest offers paper trading, which lets you test strategies using virtual funds in real market conditions.

Does AlgoTest connect with brokers?

Yes, AlgoTest connects with multiple broker platforms to help you move from testing to live trading.

Is there a free option to try AlgoTest?

Yes, new users get free backtests every week to explore the platform before choosing a paid plan.

Which operating systems are supported by AlgoTest software?

AlgoTest works on any device with a web browser, including Windows, Mac, Android, and iOS. Since it is a web based platform, no specific operating system installation is needed.

How does AlgoTest software work?

AlgoTest lets users build trading strategies with a no-code tool and test them using historical data. Once validated through backtesting and paper trading, strategies can be connected to a broker for live automated trading.

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Terms and Condtions

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Users with registered businesses can purchase goods from merchants on the platform to satisfy their business needs. Users are not permitted to utilize any products acquired through the platform for resale, advertising, business, or further distribution.

For each purchase made, users will receive a Tax Invoice (or 'GST invoice') that includes specific details such as:

  • the GSTIN of the user associated with their registered business, and

  • the specified Entity Name for their business.

It should be noted that not all products are eligible for GST Invoice. Only the products displayed by participating sellers with the 'GST-based Invoice Available' callout on the product description page would qualify.

Certain goods and services are not eligible to get a GST Invoice, including items with VAS, i.e., Value Added Services (e.g., Total Mobile Protection/Assured Buyback) and those involving an exchange offer at the time of purchase.

Users must ensure the accuracy of the GSTIN, and business entity name provided for the GST Invoice. Requests for corrections into GST Invoice would not be accommodated by Techjockey.com or any Seller, and any issues arising from user-provided information are the sole responsibility of users.

Techjockey.com is not liable for the GST Invoice or any associated input tax credit. To efficiently claim an input tax credit, users should select the registered place of business address as per the GST authority's data and follow the provisions of the GST Act and rules.

To claim an input tax credit, the delivery and billing addresses must match. Furthermore, input tax credits will not be granted if the delivery address and GSTIN on the invoice are from different states. In case of incorrect GST details provided during the order placement, the order will be canceled automatically.