uTrade Algos, which has been in the works for a couple of years, is set to roll out exclusive beta access to users. The no-code platform, by uTrade Solutions, is aimed at helping retail investors reap the benefits of algorithmic trading without getting caught up in its complexities.

uTrade Algos boasts some unique and high-performance features, which sets it apart from other platforms. It has around 20 pre-made strategies, enabling investors to create complex multi-legged strategies in minutes. It also has a superior and accurate backtesting engine that lets traders see how their strategy would have performed in a specific time period. uTrade Algos also has interactive payoff graphs to help gauge how changes in various parameters, including target date and expected spot price, will affect the outcome of the implemented trading strategy.

Additionally, uTrade Algos has two vital tools—backtesting and forward testing—to help traders optimise their strategies without spending a single rupee. The former allows users to see how their strategy logic would have performed in the past using accurate historical data. With the latter, anyone can trade risk-free in simulated market conditions.

Another interesting feature that uTrade Algos is bringing to the table is a set of pre-built algorithms curated by top-ranking industry experts who have seen the financial markets inside out. These algorithms, called uTrade Originals, will be available for subscribers on the platform.

Kunal Nandwani, the co-founder of uTrade Solutions, said, “From the very beginning, we aimed to make uTrade Algos a one-stop platform for retail traders interested in algo trading, whether they were beginners or experienced. We spent a lot of time researching and improving the tools on our platform and are really glad to launch our beta version today. I am sure that uTrade Algos will democratize algo trading.”

As a part of the beta access, users will be able to test multiple features on the platform, including:

  • Creating multiple portfolios, strategies and strategy legs.
  • Accessing pre-made strategy templates and implementing them with one click.
  • Subscribing to uTrade Originals.
  • Retrieving backtesting results in minutes and optimizing strategy logic.
  • Forward testing in simulated live markets.
  • Checking payoff curves and strategies as well as complete portfolios.
  • Using the margin calculator for accurate computation.

You can join the waitlist for uTrade Algos’ beta version and stand a change to get early access!