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QuantMan

Brand: Simply Algo Fintech

  • 3.7

  • 13 Ratings & 13 Reviews

Unlock smarter stock trading with our powerful software for backtesting strategies and testing advanced trading techniques.

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₹ 1,534 incl. GST

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Starting at ₹1,300
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QuantMan Software Overview

What is Quantman?

Quantman is a popular algorithm trading platform available with numerous features and tools for traders of every level. This platform allows traders to perform algo trading for a better market experience. It enables traders to create, backtest, and deploy trading strategies automatically.

Quantman provides an easy-to-understand interface where investors and traders can build trading strategies without high skills in coding. Moreover, the backtesting engine helps test the strategies for the live market.

Key Features of Quantman-Every Trader Should Know

  • Strategy Templates: Quantman offers various strategy templates for traders that work as guides to their decisions. It offers various templates including Bull Call spread, Bear Put Spread, Straddle Condor, Strangle Condor, and Iron Condor.
  • Strategy Creation: Traders can create their strategies using many customizable indicators like days to expiry, day of week, and technical indicators. Whether intraday or positional, traders can easily create trading strategies according to their requirements.
  • Chart Patterns: Various chart patterns are offered by Quantman such as Candle, Heikon Ashi, Renko, etc. Additionally, candlestick patterns include Bullish Hammer, Bullish Engulfing, Bearish Marubozu, and Bearish Spinning Top, helping in understanding market trends easily.
  • Simulated Trading: Having a simulated trading feature in Quantman makes it good for beginners. They can backtest their strategies before trading in a live market. It checks the signal status now and then. The strategies are stored in the database of the platform and are allowed to be used while entering the live market.
  • Automatic Order: This feature allows users to place orders directly and automatically from the broker’s account. After order placement, the trader will get a call and press 1 for confirmation.
  • Algorithm Trading: Alog trading is a very basic but core feature of Quantman. This feature helps traders to automatically create and backtest trading strategies for further process.

Reasons to Choose Quantman

The major reasons for choosing Quantman are the following:

  • Focuses on the Indian Market: Quantman is a specialized Indian stock market software. It provides access to a wide range of Indian stocks, derivatives, and other assets.
  • Integration with Brokers: This platform integrates with multiple brokers and helps traders create and execute trading strategies directly from the broker’s platform.
  • User-Friendly Interface: Quantman allows traders to easily navigate the platform and easy to understand. This enables traders of all levels to access all the information without any hassle.
  • Competitive Pricing: Quantman pricing plans are very competitive. It helps traders with different budgets to learn and trade in the live market.
  • Regular Updates: Regular updates of Quantman help traders get new comprehensive features, improve performance, and address user feedback.
  • Customization Options: Traders can get a preferable trading environment by customizing features and settings in Quantman.

Major Benefits of Quantman

  • Quantman provides a high level of security and reliability to traders that ensure a safe and secure trading environment. Data encryption, secure authentication, and regular security audits are some common security measures.
  • This platform offers robust backtesting, allowing traders to test their strategies and improve their trading skills. Backtesting also identifies potential flaws in the trading.
  • Customer support is available 24/7 and helps traders get help whenever needed. Whether it is for tackling a technical issue, seeking advice, or any other assistance, Quantman’s experts will take care of everything smoothly.
  • Traders will get a wide range of educational resources to resolve their queries. Whether it is videos, webinars, tutorials, or in-depth articles, traders can enhance their trading skills.
  • Quantman supports high-speed trading. This helps traders to execute their trades at the optimal time. The higher reliability and speed ensure that there is minimum downtime.
  • This is an algorithm trading platform that enables traders to perform their tasks automatically. Quantman will monitor the market for you, execute trades, and manage positions.

Quantman Pricing Plans - Basic and Premium

Quantman price in India starts at ₹1300 per month at techjockey.com. Quantman comes with majorly two pricing plans and caters to a diverse customer base.

  • Basic: ₹ 1300 per month 
  • Premium: ₹3,300 per month

    The price may vary based on factors like customization, additional features required, the number of users, and the deployment type.
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Simply Algo Fintech Company Details

Founded Year:  2019

Quantman is an online strategy testing and trading platform owned by Simply Algo Fintech Private Limited. Quantman currently allows the user to backtest any strategy for the past four years and we give a seamless experience by producing quick backtests for any strategy.

Director/Founders Simply Algo Fintech
Company Size 1-100 Employees

QuantMan Pricing & Plans

Basic

Calculated Price

₹ 1300 Exclusive of all taxes
    • Licenses

      Licenses
      Licenses
    • Monthly

      Monthly
      Monthly

Key Features

  • 250 Backtest Credits

  • 4 Live Deployment Credit

Premium

Calculated Price

₹ 3300 Exclusive of all taxes
    • Licenses

      Licenses
      Licenses
    • Monthly

      Monthly
      Monthly

Key Features

  • Calendar Spread

  • Strike Multiplier and Add cases

  • Adjustment Features

  • Exclusive Premium sample strategies

  • 1000 Backtest Credits

  • 10 Live Deployment Credits

QuantMan Features

Core Features

  • icon_check Market Data
    Real-time and historical stock price feeds, trade volume, and market indices for analysis.
  • icon_check Watchlist
    A customizable list for monitoring preferred stocks, providing real-time updates on price and volume.
  • icon_check Charting Tools
    Visual tools for analyzing stock trends and patterns using technical indicators and price movements.
  • icon_check Order Execution
    Automated system to process buy/sell orders directly via the broker and stock exchange.
  • icon_check Stock Screener
    Filters stocks based on specific criteria like market cap, P/E ratio, or price movement.
  • icon_check Order Control
    Tools to manage, modify, and cancel buy or sell orders efficiently on the trading platform.
  • icon_check Portfolio Management
    Track and analyze investment holdings, returns, and asset allocation in real time.

Order Execution

  • icon_check Limit Order
    An order to buy/sell at a specific price or better, ensuring price control but not guaranteed execution.
  • icon_check Market Order
    Buy/sell immediately at the current market price, ensuring execution but no price control.
  • icon_check Stop (Loss) Order
    Automatically sells stock when it drops to a pre-set price to minimize losses.
  • icon_check Stop Limit Orders
    Combines a stop-loss order with a limit order to sell/buy once a set price is triggered.
  • icon_check Trailing Stop Order
    Automatically adjusts stop price as the market price moves in favor of the position.

Research and Analysis

  • icon_check Multi-Timeframe Analysis
    Analyzes price trends across different timeframes for better decision-making.
  • icon_check Advanced Order Flow Analysis
    Tracks and analyzes buying and selling activity across the market.
  • icon_check Analyst Ratings
    Displays professional analyst opinions on stocks, including buy, hold, or sell recommendations.
  • icon_check Sentiment Analysis
    Evaluates market sentiment from news and social media to gauge stock trends.

Technical Analysis

  • icon_check Trendlines
    Visual representation of stock price trends over time to predict future movements.
  • icon_check Technical Indicators
    Tools like RSI and MACD for analyzing stock price momentum and direction.
  • icon_check Custom Indicators
    Create and apply personalized technical indicators for unique trading strategies.
  • icon_check Smart drawing tools
    Customizable tools to draw patterns like support, resistance, and Fibonacci retracements.
  • icon_check Automated Technical Patterns Detection
    Automatically identifies patterns like head and shoulders or flags.

Fundamental Analysis

  • icon_check Industry Analysis
    Compares stock performance against industry benchmarks for relative valuation.
  • icon_check Financial Ratios
    Key metrics like P/E and P/B ratios to evaluate stock value relative to financial performance.
  • icon_check Income Statement
    Displays a company’s revenue, expenses, and profitability over a specific period.
  • icon_check Balance Sheet
    Shows a company's assets, liabilities, and shareholders’ equity for financial health analysis.
  • icon_check Cash Flow Statements
    Tracks cash inflows and outflows to assess company liquidity and operational efficiency.
  • icon_check Earnings Forecasts
    Predicts future earnings based on historical data and market conditions.
  • icon_check Company Valuation Models
    Estimates a company’s value based on DCF, NPV, and other valuation methods.

Backtesting and Optimization

  • icon_check Paper Trading
    Practice trading without risking real capital using simulated environments.
  • icon_check Historical Data Simulation
    Tests trading strategies against past data to assess their effectiveness.
  • icon_check Strategy Tester
    Evaluates the performance of trading strategies before deploying them in live markets.
  • icon_check Strategy Optimization
    Fine-tunes trading strategies by adjusting parameters for improved performance.
  • icon_check Monte Carlo Simulation
    Uses probabilistic models to forecast trading outcomes in uncertain conditions.

Risk Management

  • icon_check Performance Analytics
    Tracks portfolio and trade performance through returns, drawdowns, and risk measures.
  • icon_check Stop-Loss Automation
    Automatically implements stop-loss rules to limit potential trading losses.
  • icon_check Risk Calculator
    Estimates potential profit/loss scenarios based on trade size and risk percentage.
  • icon_check Position Sizing Calculator
    Determines the appropriate trade size based on risk tolerance and market conditions.
  • icon_check Diversification Analysis
    Analyzes portfolio risk by evaluating asset allocation and exposure to different sectors.
  • icon_check Maximum Drawdown Analysis
    Measures the largest peak-to-trough decline in a portfolio's value.

Trading Options

  • icon_check Paper Trading
    Practice trading without risking real capital using simulated environments.
  • icon_check Intraday Trading
    Buy and sell stocks within the same trading day to capitalize on short-term movements.
  • icon_check Derivative Trading
    Trade derivatives like options, futures, and swaps based on underlying assets.
  • icon_check Algorithm Trading
    Executes trades based on pre-set algorithms without manual intervention.
  • icon_check Options Trading
    Allows the buying/selling of call and put options for speculative or hedging purposes.
  • icon_check Futures Trading
    Trade contracts to buy or sell assets at a future date at predetermined prices.
  • icon_check Crypto Trading
    Buy/sell cryptocurrencies like Bitcoin and Ethereum on dedicated platforms.
  • icon_check Automatic Trading
    Uses automated systems to execute trades according to predefined criteria.
  • icon_check Rotational Trading
    Alternates investments between sectors, asset classes, or strategies based on market trends.
  • icon_check Spread Trading
    Speculative trading of the price difference between two assets.
  • icon_check Forex Trading
    Enables trading in currency pairs based on fluctuations in the foreign exchange market.
  • icon_check Swing Trading
    A strategy that captures shortto medium-term gains from price swings.

Reporting & Analytics

  • icon_check Dashboards
    Visual displays of key metrics like portfolio performance, risk levels, and trade history.
  • icon_check Portfolio Tracking
    Real-time tracking of your investments, including value, returns, and allocations.
  • icon_check Customizable Reports
    Tailored reports to analyze performance, tax implications, or investment behavior.
  • icon_check Risk Analytics
    Analyzes portfolio risks by measuring volatility, drawdowns, and exposure.
  • icon_check Trade Performance Attribution
    Breaks down the source of trading gains or losses for better analysis.

Account Management

  • icon_check Audit Trail
    Tracks and logs user activity to maintain compliance and security.
  • icon_check Multi-Factor Authentication (MFA)
    Adds a second layer of security to protect accounts from unauthorized access.
  • icon_check Customizable User Interface
    Allows users to personalize the layout and appearance of the platform.
  • icon_check Account Summary Reports
    Provides detailed summaries of account balances, holdings, and transactions.
  • icon_check User Access Management
    Controls who can execute trades, view reports, or manage funds based on assigned privileges.

Integrations

  • icon_check Multi-Language Support
    Provides the ability to use the software in various languages for global accessibility.
  • icon_check Market Data Integration
    Links the platform to real-time market data feeds for timely trading decisions.
  • icon_check Brokerage Integration
    Connects to brokerage accounts for seamless trading and order execution.
  • icon_check Cloud Data Integration
    Stores and accesses trading data through cloud services for scalability.
  • icon_check Third Party Integration
    Supports tools like research platforms, analytics software, and financial news services.
  • icon_check Social Media Integration
    Connects with social platforms to track sentiment, discussions, and trends.
  • icon_check API Integration
    Connects with external APIs for custom trading, data feeds, or system automation.

Alerts & Notifications

  • icon_check Price Alert
    Notifies users when stock prices reach a specific target or threshold.
  • icon_check Push Notifications
    Sends updates directly to mobile devices for timely decisions.
  • icon_check Real-Time Market Updates
    Sends alerts on price changes, market movements, and breaking news.
  • icon_check News Alert
    Delivers important financial news related to specific stocks or sectors.
  • icon_check Volume Alerts
    Signals abnormal trading volume, indicating potential market movements.
  • icon_check Sentiment Alerts
    Notifies users of changes in market sentiment based on social or news analysis.
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QuantMan Specifications

Supported Platforms
Ubuntu Ubuntu Windows Windows MacOS MacOS Linux Linux
Devices
Desktop Desktop
Deployment
Cloud-Based Cloud-Based
Suitable For
Stock Market
Business Specific
Traders Finance Services
Business Size
Small Business Startups Medium Business Freelancers
Customer Support
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Language
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Training Resources
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QuantMan Reviews

3.7

Out of 5

img

Overall Rating

Based on
13 Verified Reviews

Rating Breakdown

  • Features 3.7
  • Value for Money 3.7
  • Ease of Use 3.7
  • Customer Support 3.6

79% Recommend this Product

Add Review

Pros

  • "One of the most helpful things is the variety of strategy templates. The platform allows me to execute trades with just a phone call confirmation, making things more convenient."

    RAKHi GargSep 4, 2024

Cons

  • " The speed of execution is sometimes not as fast as I’d prefer. I’ve faced some delays. "

    RAKHi GargSep 4, 2024

  • "The one issue I’ve noticed is that the platform can be a little slow when I’m backtesting strategies. "

    Shubham Sep 3, 2024

  • " The platform has some occasional delays during order execution."

    Riyaz Jul 19, 2024

QuantMan Video Reviews

youtubeVideoId

4.4

“Quantman Algo Trading Platform Full Review: Better than Tradetron..”

Review by: Option Sailor

youtubeVideoId

4.1

“Quantman Algo Trading Platform Full Review”

Review by: TradeNvest

Raju

Web Developer

Industry: Computer & Network Security

1.2

Reviewed on: Aug 13, 2025

Techjockey Verified

“Quantman Very Worst Algo Platform”

Trades not executed as per the setup

Pros

Only we can use this platform for back testing

Cons

While doing back testing everything looks good (obviously there is slippage .5 to 1 %) but when we implement our strategy in live it wont execute as per our setup. Stop Loss won't hit and order execution delay is around 10 to 20 points. I have used this platform around 3 months not even 100 rupees profit I have taken (All strategies given more than 2 RPT while backtest), but I have lost around 30k excluding platform subscription 10k for all three months. When we reach out to customer support they are responding at earlier stage, later "tech will investigate and get back to you soon" is the only answer.

Reason to switch

very worst platform

Jitendra kamar

Executive

Industry: SAAS User since: 1-2 years

4

Reviewed on: Jul 17, 2024

Techjockey Verified

“Quantman Has Some Great Features but Takes Time to Master”

Quantman is a feature-packed platform for anyone serious about automated trading, but it comes with a learning curve. It lets you backtest your strategies against historical data, which is helpful, but the interface and navigation could be a bit smoother. The customization options are fantastic, though, and once you’ve set up your strategies, it does a good job running them without much effort. However, be prepared to spend some time learning how everything works before you can fully take advantage of its features.

Pros

What I like most about Quantman is how powerful its tools are for automating trading strategies. The backtesting system is thorough and has saved me from making a few bad trades by showing how my strategies would’ve worked in past market conditions. It’s great that you can create and tweak strategies to see different results, and once set up, it performs quite well without much manual intervention.

Cons

Learning to use Quantman has been a bit frustrating at times. It’s not the most intuitive platform out there, and if you're not familiar with algorithmic trading, it can feel overwhelming. There are also times when I’ve had to search through support documents to figure out basic features. The overall interface could definitely use an upgrade—it feels a bit dated and clunky to navigate.

Switched from MetaTrader 4

Reason to switch

MetaTrader was good, but I felt limited in how much I could test and automate my strategies. Quantman offered better backtesting and more options for custom strategies, which is why I made the switch.

Ranveer Sinha

Manager

Industry: SAAS User since: 1-2 years

3.8

Reviewed on: Sep 10, 2024

Techjockey Verified

“Quantman Helped Automate My Trading, But There's a Learning Curve”

Quantman is a great tool if you're into automated trading, but you need some patience to get the most out of it. It lets you backtest and automate strategies, which can really cut down on time spent in front of the screen. However, you need to be willing to invest time in learning how to use the platform effectively. It has a lot of potential, but for beginners, it can feel a bit overwhelming, especially without a coding background. That being said, once you figure it out, it’s pretty solid.

Pros

One of the best things about Quantman is how much time it has saved me in terms of automating my trading strategies. I no longer need to manually monitor the market. The backtesting feature is also a real lifesaver since I can check how my strategies would have worked in the past, which helps reduce the risks. Once you get everything set up, it works smoothly in the background.

Cons

Quantman isn’t the easiest platform to learn, especially for someone like me who doesn't have a programming background. It would be more helpful if there were easier tutorials or walkthroughs. The user interface could also be a bit more modern; it feels like it’s from an older software generation, which makes navigation tricky at times.

See All QuantMan Reviews

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What is Quantman?

Quantman is an algo trading platform designed to create, backtest, and deploy trading strategies in the live market.

Do I need to log in daily for broker order execution in live deployments?

Yes, the session is only valid for one day. Thus, logging in daily is necessary for execution.

Can Quantman allow multiple broker logins at the same time?

No, Quantman prefers a single broker login for each Quantman account for the sake of simplicity.

Does Quantman is good for algo trading?

Quantman mainly focuses on algo trading, and you may want to refine your strategies with time. Thus, this platform offers various advanced tools for customization and helps you to improve your trading capabilities.

Who owns Quantman?

Quantman is owned by Simply Algo Fintech Private Limited.

What financial assets I can trade with Quantman?

It majorly allows futures, Options, Equity, and Indexes.

Is there any specific programming language that Quantman uses?

No, there is no specific programming language. However, there are other programming languages that Quantman uses like Python and C++ to write algorithms and strategies.

Is there any free trial in Quantman?

Yes, Quantman offers a 7-day free trial for new users.

How much does Quantman cost?

Quantman price in India starts at INR 1300 per month at techjockey.com.

QuantMan Questions

A:

Testing strategies is very crucial before going live. Thus, here is how to do it in Quantman.

  • Open paper trading dashboard.
  • Set up the strategy you want to test.
  • Add required parameters like date, time, asset type, entry/exit criteria, or other specifications.
  • Use historical data, run backtest, monitor performance, and refine strategy if needed.
  • Monitor testing and make sure to repeat the process if required.
  • Now you are ready for live trading.
Sachin Kaushal • Sep 20, 2024
A:

Yes, Quantman is a suitable platform for algorithm trading in future markets. You can perform strategy development, data accessibility, backtesting capabilities, risk management tools, multi-asset support, monitoring & alerts, execution efficiency, and many more.

sameer AB • Sep 20, 2024
A:

Here is the process of setting up alerts and notifications in Quantman:

  • Go to the alert section
  • Choose the types of alerts you want to apply like price, indicator, performance, etc.
  • Define conditions and set notification preferences
  • Save settings and monitor them
CHANDAN KUMAR • Sep 20, 2024
A:

Migrating strategies from other platforms to Quantman needs some systematic steps. Here are they:

  • Access your current platform and export code
  • Understand the language and analyze the difference
  • Modify code and implement features of Quantman
  • Access the strategy editor and paste the code
  • Backtest the strategy and analyze the results
  • Adjust, go live, and monitor performance
Sumit Sk • Sep 20, 2024
A:

Yes, there are some limitations that the free trial has. The free trial does not have access to the advanced features of Quantman. It also has limited data feeds and trade executions. To explore other functions or features, the user needs to upgrade to premium packages.

Rizwan Laskar • Sep 20, 2024
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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.