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Speedbot description
Speedbot is an algo-trading platform offering ready-made and customizable automated trading strategies. It connects to your existing brokerage account to automatically execute trades based on pre-set parameters. The platform features backtesting tools to analyze historical performance, a "no-code" bot builder for custom strategies, and pre-built templates for various trading styles. Speedbot primarily serves individual traders, brokers, and institutions in the Indian and US stock markets, focusing on options and futures trading.
Who is Speedbot best for
Speedbot is an algo-trading platform ideal for individual traders, brokers, and institutions interested in automating options and futures trading in the US and Indian stock markets. It offers pre-built and customizable trading bots, backtesting, and direct brokerage connections. Pricing includes free and paid options.
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Best for small to mid-sized businesses seeking automated trading solutions.
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No industry fit data available.
Speedbot features
| Supported Speedbot allows automated trading 24/7. |
| Supported Speedbot offers AI-powered risk management with features like stop-loss orders. |
| Supported Speedbot provides historical market data for backtesting and strategy optimization. |
| Supported Speedbot offers risk management tools including customizable risk profiles, automated strategies, backtesting, and real-time notifications. |
| Supported Speedbot uses AI to analyze market data and execute trades automatically. |
Speedbot pricing
The commentary is based on 1 reviews from Speedbot G2 reviews.
Speedbot offers powerful automation capabilities but isn't free. While one user noted the cost, they also highlighted the time saved and error reduction achieved through automation, suggesting its pricing may be worthwhile for improved efficiency.
See the Speedbot pricing page.
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Speedbot has a free plan.
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Speedbot has a free trial.
FREE
10 Daily Backtesting, 0 Live Bots, 0 Paper Bots
BASIC
150 Daily Backtesting, 1 Live Bots, 3 Paper Bots
STARTER
200 Daily Backtesting, 3 Live Bots, 5 Paper Bots
PROFESSIONAL
300 Daily Backtesting, 10 Live Bots, 20 Paper Bots
ULTIMATE
1500 Daily Backtesting, 35 Live Bots, 100 Paper Bots
Speedbot alternatives
KiteBetter for individual investors trading stocks, bonds, ETFs, and mutual funds. Caters specifically to the Indian stock market. Offers educational resources. Has transparent pricing, but users report slow customer support and app stability issues.Read more
Dotbig platformBetter for individuals and institutions seeking broader asset classes including cryptocurrencies, ETFs, and CFDs. Favored for user-friendliness, social trading, and mobile accessibility. Well-regarded for customer service, ease of use, and reliability.Read more
CryptohopperBetter for individuals and institutions trading cryptocurrencies. Has copy trading features. Cryptohopper is growing slower than Speedbot. Cryptohopper users mention helpful customer support but also highlight expensive fees and occasional bugs. A Speedbot alternative, a Cryptohopper competitor.Read more
Tradetron - Algo Strategy MarketplaceBetter for small businesses. Caters to a wider range of tradable instruments including commodities and currencies. Speedbot is growing faster.Read more
TradingViewBetter for casual investors. Wider range of tradable instruments. Strong community features. Speedbot is growing faster. TradingView has more established brand recognition and user reviews.Read more
Wise TradrBetter for improving stock trading performance through tracking, analysis, and strategy discovery. A Speedbot alternative focused on performance analysis and improvement. Wise Tradr offers a simple signup process, suitable for a Speedbot competitor.Read more
Speedbot FAQ
What is Speedbot and what does Speedbot do?
Speedbot is an algo-trading platform that automates trading strategies. It connects to brokerage accounts, executes trades based on preset parameters, and offers backtesting, a no-code bot builder, and pre-built templates. It caters to individual traders, brokers, and institutions trading options and futures, primarily in Indian and US markets.
How does Speedbot integrate with other tools?
Speedbot integrates with existing brokerage accounts for automated trade execution. It offers a no-code bot builder for custom strategies and pre-built templates, streamlining the integration of automated trading into your existing workflow. More specific integration details are not readily available.
What the main competitors of Speedbot?
Alternatives to Speedbot include Tradetron, Kite, and TradingView. Tradetron offers a similar algo-trading marketplace, while Kite provides a broader investment platform. For charting and analysis, TradingView is a strong competitor.
Is Speedbot legit?
Yes, Speedbot is a legitimate algo-trading platform. It offers automated trading strategies, backtesting tools, and a no-code bot builder. However, user reviews are limited, so further research is recommended to determine if Speedbot is safe and suitable for your specific needs.
How much does Speedbot cost?
Speedbot pricing starts with a free plan. Paid plans are Basic at $500/month, Starter at $1000/month, Professional at $2500/month, and Ultimate at $7000/month. Is Speedbot worth it? Evaluate its features and pricing to see if it fits your algo trading needs and budget.
Is Speedbot customer service good?
Speedbot's customer support receives positive feedback, described as "great" and available 24/7. Users appreciate the helpful and readily available assistance. However, there are also mentions of login issues and downtime.
Reviewed by
Michal has worked at startups for many years and writes about topics relating to software selection and IT management. As a former consultant for Bain, a business advisory company, he also knows how to understand needs of any business and find solutions to its problems.
Tymon is a seasoned CTO who loves finding the perfect tools for any task. He recently headed up the tech department at Batmaid, a well-known Swiss company, where he managed about 60 software purchases, including CX, HR, Payroll, Marketing automation and various developer tools.