What Is the Best Free Trading Bot in India?
Automated trading is becoming more accessible to Indian retail traders. You no longer need to be a programmer or spend money on expensive software to benefit from algorithmic trading. In this blog, we explore the best free trading bots in India, how they work, and which one is ideal for your trading style.
What Is a Trading Bot?
A trading bot is a software program that executes buy and sell orders automatically based on pre-defined rules. These rules could be based on:
- Price movements
- Technical indicators (like RSI, MACD)
- Time of day
- News events or volatility
Bots help reduce emotions, improve discipline, and allow for faster execution.
Best Free Trading Bots Available in India (2025)
1. Tradetron (Free Plan)
Best For: Beginners with no coding knowledge
Features:
- No-code strategy builder
- Access to public marketplace bots
- Deploy bots on Zerodha, Angel One, Fyers, etc.
- Paper trading available
- 1 strategy allowed on free plan
✅ Easy drag-and-drop interface
❌ Limited trades per month on free tier
2. AlgoTest (Free Tier)
Best For: Options traders (Bank Nifty, Nifty)
Features:
- Visual strategy builder
- Deploy bots on supported brokers
- Paper trade and live trading
- Multi-leg option strategies supported
- Free version with execution limits
✅ Excellent for options traders
❌ Equity automation in development
3. Streak by Zerodha (Free Tier)
Best For: Zerodha users looking for built-in bot execution
Features:
- Visual bot builder using indicators
- Works inside Zerodha account
- Backtest and deploy instantly
- Predefined templates for new traders
- Limited number of bots in free plan
✅ Fully integrated with Zerodha
❌ No third-party broker support
4. Telegram-Based Signal Bots + API Bridge (DIY)
Best For: Tech-savvy users building custom setups
Features:
- Create alerts in TradingView or scripts
- Send signals via Telegram
- Connect via webhook or third-party API bridge (like Algoji)
✅ Zero platform cost if self-managed
❌ Requires manual setup and VPS hosting
Comparison Table
Bot Platform | Coding Needed | Broker Integration | Free Plan Available | Ideal For |
---|---|---|---|---|
Tradetron | ❌ | Zerodha, Angel, Fyers | ✅ (1 strategy) | Beginners, strategy marketplace |
AlgoTest | ❌ | Zerodha, Angel One | ✅ (basic limits) | Bank Nifty, Nifty traders |
Streak (Zerodha) | ❌ | Zerodha only | ✅ (limited usage) | Technical traders, Zerodha clients |
DIY + API Bridge | ✅ | Any API-enabled broker | ✅ (manual setup) | Tech-savvy, custom coders |
What to Look for in a Free Trading Bot?
- Broker Support: Make sure it integrates with your trading account
- User Interface: No-code is best for beginners
- Backtesting: Important to test before going live
- Paper Trading: Always test in a risk-free environment
- Execution Speed: Ensure real-time order handling
Final Recommendation
For most Indian traders in 2025, Tradetron is the best free trading bot platform due to its no-code builder, broker compatibility, and large community. If you’re focused on options strategies, AlgoTest is a fantastic choice. For Zerodha users, Streak offers the easiest integrated automation option.
FAQs
Q1. Are free trading bots legal in India?
Yes, as long as you’re using SEBI-registered brokers and compliant platforms.
Q2. Do I need to know coding to use these bots?
No. Platforms like Tradetron, Streak, and AlgoTest offer no-code solutions.
Q3. Can I use these bots on Zerodha?
Yes. Streak and Tradetron both support Zerodha integration.
Q4. Are there any limitations on free plans?
Yes. Most free plans have limits on number of trades, strategies, or live deployments.
Q5. Can I paper trade before going live?
Absolutely. Most platforms offer paper trading to test your strategies safely.