In the fast-paced and ever-evolving world of trading, where decisions are made in seconds, the importance of thorough preparation cannot be overstated. Backtesting trading stands as a critical tool in a trader's arsenal, offering a way to test and validate trading strategies using historical market data. This process provides invaluable insights into the potential performance and risks associated with a strategy before real capital is put on the line. Here, we explore the top seven reasons why a backtesting platform is crucial for trading success, focussing on its pivotal role in optimising strategies and mitigating risks.
Algo trading that is modern, reliable, and effortless!
Plan, strategise, and automate your trades with uTrade Algos’ no-code algo trading platform
Designed to make you a confident trader
Backtest your algos
On uTrade Algos, you can backtest your strategies using accurate historical data and envision how your strategy would have performed. It’s the best way to test the waters before trading in the live markets.
- Reliable
- Comprehensive
- Fast
- Accurate
Deploy when ready
Whenever you are ready to trade algos in the live markets, just hit the deploy button and start monitoring your progress.
- Real-time alerts on the go
- Simple strategy builder
- Intuitive interface
- Try for free
Subscribe to uTrade Originals
Whether you are a novice or a pro, pick from our pre-designed algos—uTrade Originals—specially made to simplify your algo trading journey. Understand key performance metrics and subscribe.
- Curated by industry experts
- Perfected over years of algo trading
- Deployed in seconds
Included in uTrade Algos’ premium plans
Investors love uTrade Algos
We’ve been enabling various market participants with tech solutions for more than a decade.
There is something for everyone
With an aim to democratise algo trading, our no-code has many useful features for launching efficient algos from day one, integrated margin calculator, uTrade Originals, and more.
uTrade Originals
Expert-Made Strategies
Subscribe to algos built by industry experts in a single click on uTrade Algos. Simply choose a strategy that aligns with your objectives, subscribe, and let it execute.
uTrade Strategy Builder
Craft versatile multi-leg strategies effortlessly using our user-friendly algo trading software. Access pre-defined strategies for various market conditions, ensuring readiness for any challenge.
Start trading with a margin as low as ₹80k for index options.
Start trading with a margin as low as ₹80k for index options.
Integrated Margin Calculator
Stay on top of your strategy’s margin requirements in real-time for efficient adjustments and stronger risk management in volatile markets.
Payoff Curves for entire portfolios
Gain real-time insights into your strategy’s potential earnings by instantly generating payoff curves for individual strategies or entire portfolios, providing essential information for better decision-making.
Pre-made strategy forms
Effortlessly craft versatile multi-leg strategies in seconds with our pre-defined strategies for different market conditions, ensuring your readiness for any market challenge.
Start trading with margin as low as Rs. 1.2 lacs for index options.
Simple and flexible pricing
Start with a 7-day free trial. No credit card needed. Cancel at any time.
Monthly Pricing
- Share India Brokerage Charges (per month)
- Live Deployment
- Symbols Available
- Concurrent Algo Deployment
- Multiplier for uTrade Originals
- uTrade Originals Available
- Create Strategies upto
- Backtest per day
- Backtest per month
- Backtest data [in months]
Free Trial
₹ 0 +0 Brokerage
- Free
- Nifty, Bank Nifty, FinNifty
- 2
- Upto 8X
- 5
- 2
- 2
- 2
Prarambh
₹ 0 +499 Brokerage
-
₹ 499
- Nifty, Bank Nifty, FinNifty
- 3
- Upto 1X
- 0
- 0
- 0
- 0
Beginner Plan
₹ 0
+2,999 Brokerage
-
₹ 2,999
- Nifty, Bank Nifty, FinNifty
- 2
- Upto 8X
- 10
- 2
- 10
- 6
Pro Plan
₹ 0
+3,999 Brokerage
-
₹ 3,999
- Nifty, Bank Nifty, FinNifty
- 4
- Upto 8X
- 20
- 5
- 20
- 18
Wizard Plan
₹ 0 +6,499 Brokerage
-
₹ 6,499
- All
- 6
- Upto 12X
- 30
- 10
- 30
- 24
Expert Plan
₹ 0 +14,999 Brokerage
-
₹ 14,999
- All
- 10
- Upto 30X
- 50
- 20
- 50
- 36
Simple and flexible pricing
Start with a 7-day free trial. No credit card needed. Cancel at any time.
From backtesting to live deployment, different plans, different features.
- Share India Brokerage Charges
- Live Deployment
- Symbols Available
- Concurrent Algo Deployment
- Multiplier for uTrade Originals
- uTrade Originals Available
- Create Strategies upto
- Backtest per day
- Backtest per month
- Backtest data [in months]
Free Trial
₹ 0 +0 Brokerage
- Free
- Nifty, Bank Nifty, FinNifty
- 2
- Upto 8X
- 5
- 2
- 2
- 2
Monthly Pricing
- Share India Brokerage Charges (per month)
- Live Deployment
- Symbols Available
- Concurrent Algo Deployment
- Multiplier for uTrade Originals
- uTrade Originals Available
- Create Strategies upto
- Backtest per day
- Backtest per month
- Backtest data [in months]
Prarambh
₹ 0 +₹999 Brokerage
-
₹ 999
- Nifty, Bank Nifty, FinNifty
- 3
- Upto 2X
- 0
- 0
- 0
- 0
Beginner Plan
₹ 0
+₹2,999 Brokerage
-
₹ 2,999
- Nifty, Bank Nifty, FinNifty
- 3
- Upto 12X
- 10
- 2
- 10
- 6
Pro Plan
₹ 0
+₹3,999 Brokerage
-
₹ 3,999
- Nifty, Bank Nifty, FinNifty
- 4
- Upto 12X
- 20
- 5
- 20
- 18
Wizard Plan
₹ 0 +₹6,499 Brokerage
-
₹ 6,499
- All
- 6
- Upto 18X
- 30
- 10
- 30
- 24
Expert Plan
₹ 0 +₹14,999 Brokerage
-
₹ 14,999
- All
- 10
- Upto 45X
- 50
- 20
- 50
- 36
Quarterly Pricing
- Share India Brokerage Charges
- Live Deployment
- Symbols Available
- Concurrent Algo Deployment
- Multiplier for uTrade Originals
- uTrade Originals Available
- Create Strategies upto
- Backtest per day
- Backtest per month
- Backtest data [in months]
Prarambh
₹ 0 +₹2990 2,840 Brokerage
-
₹ 2,840
- Nifty, Finnifty, Banknifty
- 3
- Upto 2X
- 0
- 0
- 0
- 0
Beginner Plan
₹ 0
+₹8990 8,540 Brokerage
-
₹ 8,540
- Nifty, Bank Nifty, FinNifty
- 3
- Upto 12X
- 10
- 2
- 10
- 6
Pro Plan
₹ 0
+₹11990 11,390 Brokerage
-
₹ 11,390
- Nifty, Bank Nifty, FinNifty
- 4
- Upto 12X
- 20
- 5
- 20
- 18
Wizard Plan
₹ 0 +₹19499 18,520 Brokerage
-
₹ 18,520
- All
- 6
- Upto 18X
- 30
- 10
- 30
- 24
Expert Plan
₹ 0 +₹44990 42,740 Brokerage
-
₹ 42,740
- All
- 10
- Upto 45X
- 50
- 20
- 50
- 36
Half Yearly Pricing
- Share India Brokerage Charges
- Live Deployment
- Symbols Available
- Concurrent Algo Deployment
- Multiplier for uTrade Originals
- uTrade Originals Available
- Create Strategies upto
- Backtest per day
- Backtest per month
- Backtest data [in months]
Prarambh
₹ 0 +₹5990 5,390 Brokerage
-
₹ 5,390
- Nifty, Finnifty, Banknifty
- 3
- Upto 2X
- 0
- 0
- 0
- 0
Beginner Plan
₹ 0
+₹17990 16,190 Brokerage
-
₹ 16,190
- Nifty, Bank Nifty, FinNifty
- 3
- Upto 12X
- 10
- 2
- 10
- 6
Pro Plan
₹ 0
+₹23990 21,590 Brokerage
-
₹ 21,590
- Nifty, Bank Nifty, FinNifty
- 4
- Upto 12X
- 20
- 5
- 20
- 18
Wizard Plan
₹ 0 +₹38990 35,090 Brokerage
-
₹ 35,090
- All
- 6
- Upto 18X
- 30
- 10
- 30
- 24
Expert Plan
₹ 0 +₹89990 80,990 Brokerage
-
₹ 80,990
- All
- 10
- Upto 45X
- 50
- 20
- 50
- 36
Yearly Pricing
- Share India Brokerage Charges
- Live Deployment
- Symbols Available
- Concurrent Algo Deployment
- Multiplier for uTrade Originals
- uTrade Originals Available
- Create Strategies upto
- Backtest per day
- Backtest per month
- Backtest data [in months]
Prarambh
₹ 0 +₹11990 9,590 Brokerage
-
₹ 9,590
- Nifty, Finnifty, Banknifty
- 3
- Upto 2X
- 0
- 0
- 0
- 0
Beginner Plan
₹ 0
+35990 28,790 Brokerage
-
₹ 28,790
- Nifty, Bank Nifty, FinNifty
- 3
- Upto 12X
- 10
- 2
- 10
- 6
Pro Plan
₹ 0
+47990 38,390 Brokerage
-
₹ 38,390
- Nifty, Bank Nifty, FinNifty
- 4
- Upto 12X
- 20
- 5
- 20
- 18
Wizard Plan
₹ 0 +77990 62,390 Brokerage
-
₹ 62,390
- All
- 6
- Upto 18X
- 30
- 10
- 30
- 24
Expert Plan
₹ 0 +179990 1,43,990 Brokerage
-
₹ 1,43,990
- All
- 10
- Upto 45X
- 50
- 20
- 50
- 36
Simple & flexible pricing
Start with a 7-day free trial. No credit card needed. Cancel at anytime.
Free Trial
Monthly Pricing
- Share India Brokerage Charges (per month): Free
- Live Deployment:
- Symbols Available: Nifty, Bank Nifty, FinNifty
-
Concurrent Algo Deployment:
2 -
Multiplier for uTrade Originals:
Upto 8x -
uTrade Originals Available:
-
Create Strategies upto:
5 -
Backtest per day:
2 -
Backtest per month:
2 -
Backtest data [in months]:
2
Prarambh
- Share India Brokerages Charges (per month): ₹ 499
- Live Deployment:
- Symbols Available: Nifty, Bank Nifty, FinNifty
-
Concurrent Algo deployment:
3 -
Maximum Multiple to be allowed:
Upto 1x -
uTrade Original Available:
-
Create Strategies upto:
0 -
Backtest per day:
0 -
Backtest per month:
0 -
Backtest data [in months]:
0
Beginner Plan
₹ 0 +2,999 Brokerage
- Share India Brokerages Charges (per month): ₹ 2,999
- Live Deployment:
- Symbols Available: Nifty, Bank Nifty, FinNifty
-
Concurrent Algo deployment:
2 -
Maximum Multiple to be allowed:
Upto 8x -
uTrade Original Available:
-
Create Strategies upto
10 -
Backtest per day
2 -
Backtest per month
10 -
Backtest data [in months]
6
Pro Plan
₹0 +3,999 Brokerage
- Share India Brokerages Charges (per month): ₹ 3,999
- Live Deployment:
- Symbols Available: Nifty, Bank Nifty, FinNifty
-
Concurrent Algo deployment:
4 -
Maximum Multiple to be allowed:
Upto 8x -
uTrade Original Available:
-
Create Strategies upto:
20 -
Backtest per day:
5 -
Backtest per month:
20 -
Backtest data [in months]:
18
Wizard Plan
₹0 +6,499 Brokerage
- Share India Brokerages Charges (per month): ₹ 6,499
- Live Deployment:
- Symbols Available: All
-
Concurrent Algo deployment:
6 -
Maximum Multiple to be allowed:
Upto 12x -
uTrade Original Available:
-
Create Strategies upto:
30 -
Backtest per day:
10 -
Backtest per month:
30 -
Backtest data [in months]:
24
Expert Plan
₹0 +14,999 Brokerage
- Share India Brokerages Charges (per month): ₹ 14,999
- Live Deployment:
- Symbols Available: All
-
Concurrent Algo deployment:
10 -
Maximum Multiple to be allowed:
Upto 30x -
uTrade Original Available:
-
Create Strategies upto:
50 -
Backtest per day:
20 -
Backtest per month:
50 -
Backtest data [in months]:
36
Simple & flexible pricing
Start with a 7-day free trial. No credit card needed. Cancel at anytime.
Free Trial
- Share India Brokerage Charges: Free
- Live Deployment:
- Symbols Available: Nifty, Bank Nifty, FinNifty
-
Concurrent Algo Deployment:
2 -
Multiplier for uTrade Originals:
Upto 8X -
uTrade Originals Available:
-
Create Strategies upto:
5 -
Backtest per day:
2 -
Backtest per month:
2 -
Backtest data [in months]:
2
Prarambh
- Share India Brokerages Charges (per month): ₹ 999
- Live Deployment:
- Symbols Available: Nifty, Bank Nifty, FinNifty
-
Concurrent Algo deployment:
3 -
Maximum Multiple to be allowed:
Upto 2X -
uTrade Original Available:
-
Create Strategies upto:
0 -
Backtest per day:
0 -
Backtest per month:
0 -
Backtest data [in months]:
0
Beginner Plan
₹ 0 +₹2,999 Brokerage
- Share India Brokerages Charges (per month): ₹ 2,999
- Live Deployment:
- Symbols Available: Nifty, Bank Nifty, FinNifty
-
Concurrent Algo deployment:
3 -
Maximum Multiple to be allowed:
Upto 12X -
uTrade Original Available:
-
Create Strategies upto
10 -
Backtest per day:
2 -
Backtest per month
10 -
Backtest data [in months]:
6
Pro Plan
₹0 +₹3,999 Brokerage
- Share India Brokerages Charges (per month): ₹ 3,999
- Live Deployment:
- Symbols Available: Nifty, Bank Nifty, FinNifty
-
Concurrent Algo deployment:
4 -
Maximum Multiple to be allowed:
Upto 12X -
uTrade Original Available:
-
Create Strategies upto:
20 -
Backtest per day:
5 -
Backtest per month:
20 -
Backtest data [in months]:
18
Wizard Plan
₹0 +₹6,499 Brokerage
- Share India Brokerages Charges (per month): ₹ 6,499
- Live Deployment:
- Symbols Available: All
-
Concurrent Algo deployment:
6 -
Maximum Multiple to be allowed:
Upto 18X -
uTrade Original Available:
-
Create Strategies upto:
30 -
Backtest per day:
10 -
Backtest per month:
30 -
Backtest data [in months]:
24
Expert Plan
₹0 +₹14,999 Brokerage
- Share India Brokerages Charges (per month): ₹ 14,999
- Live Deployment:
- Symbols Available: All
-
Concurrent Algo deployment:
10 -
Maximum Multiple to be allowed:
Upto 45X -
uTrade Original Available:
-
Create Strategies upto:
50 -
Backtest per day:
20 -
Backtest per month:
50 -
Backtest data [in months]:
36
Prarambh
- Share India Brokerages Charges (per month): ₹ 2840
- Live Deployment:
- Symbols Available: Nifty, Bank Nifty, FinNifty
-
Concurrent Algo deployment:
3 -
Maximum Multiple to be allowed:
Upto 2X -
uTrade Original Available:
-
Create Strategies upto:
0 -
Backtest per day:
0 -
Backtest per month:
0 -
Backtest data [in months]:
0
Beginner Plan
₹ 0 +₹8,540 Brokerage
- Share India Brokerages Charges (Quarterly): ₹ 8,540
- Live Deployment:
- Symbols Available: Nifty, Bank Nifty, FinNifty
-
Concurrent Algo deployment:
3 -
Maximum Multiple to be allowed:
Upto 12X -
uTrade Original Available:
-
Create Strategies upto
10 -
Backtest per day:
2 -
Backtest per month
10 -
Backtest data [in months]:
6
Pro Plan
₹0 +₹11,390 Brokerage
- Share India Brokerages Charges (Quarterly): ₹ 11,390
- Live Deployment:
- Symbols Available: Nifty, Bank Nifty, FinNifty
-
Concurrent Algo deployment:
4 -
Maximum Multiple to be allowed:
Upto 12X -
uTrade Original Available:
-
Create Strategies upto:
20 -
Backtest per day:
5 -
Backtest per month:
20 -
Backtest data [in months]:
18
Wizard Plan
₹0 +₹18,520 Brokerage
- Share India Brokerages Charges (Quarterly): ₹ 18,520
- Live Deployment:
- Symbols Available: All
-
Concurrent Algo deployment:
6 -
Maximum Multiple to be allowed:
Upto 18X -
uTrade Original Available:
-
Create Strategies upto:
30 -
Backtest per day:
10 -
Backtest per month:
30 -
Backtest data [in months]:
24
Expert Plan
₹0 +₹42,740 Brokerage
- Share India Brokerages Charges (Quarterly): ₹ 42,740
- Live Deployment:
- Symbols Available: All
-
Concurrent Algo deployment:
10 -
Maximum Multiple to be allowed:
Upto 45X -
uTrade Original Available:
-
Create Strategies upto:
50 -
Backtest per day:
20 -
Backtest per month:
50 -
Backtest data [in months]:
36
Prarambh
- Share India Brokerages Charges (per month): ₹ 5,390
- Live Deployment:
- Symbols Available: Nifty, Bank Nifty, FinNifty
-
Concurrent Algo deployment:
3 -
Maximum Multiple to be allowed:
Upto 2X -
uTrade Original Available:
-
Create Strategies upto:
0 -
Backtest per day:
0 -
Backtest per month:
0 -
Backtest data [in months]:
0
Beginner Plan
₹ 0 +₹16,190 Brokerage
- Share India Brokerages Charges (Half Yearly): ₹ 16,190
- Live Deployment:
- Symbols Available: Nifty, Bank Nifty, FinNifty
-
Concurrent Algo deployment:
3 -
Maximum Multiple to be allowed:
Upto 12X -
uTrade Original Available:
-
Create Strategies upto
10 -
Backtest per day:
2 -
Backtest per month
10 -
Backtest data [in months]:
6
Pro Plan
₹0 +₹21,590 Brokerage
- Share India Brokerages Charges (Half Yearly): ₹ 21,590
- Live Deployment:
- Symbols Available: Nifty, Bank Nifty, FinNifty
-
Concurrent Algo deployment:
4 -
Maximum Multiple to be allowed:
Upto 12X -
uTrade Original Available:
-
Create Strategies upto:
20 -
Backtest per day:
5 -
Backtest per month:
20 -
Backtest data [in months]:
18
Wizard Plan
₹0 +₹35,090 Brokerage
- Share India Brokerages Charges (Half Yearly): ₹ 35,090
- Live Deployment:
- Symbols Available: All
-
Concurrent Algo deployment:
6 -
Maximum Multiple to be allowed:
Upto 18X -
uTrade Original Available:
-
Create Strategies upto:
30 -
Backtest per day:
10 -
Backtest per month:
30 -
Backtest data [in months]:
24
Expert Plan
₹0 +₹80,990 Brokerage
- Share India Brokerages Charges (Half Yearly): ₹ 80,990
- Live Deployment:
- Symbols Available: All
-
Concurrent Algo deployment:
10 -
Maximum Multiple to be allowed:
Upto 45X -
uTrade Original Available:
-
Create Strategies upto:
50 -
Backtest per day:
20 -
Backtest per month:
50 -
Backtest data [in months]:
36
Prarambh
- Share India Brokerages Charges (per month): ₹ 9,590
- Live Deployment:
- Symbols Available: Nifty, Bank Nifty, FinNifty
-
Concurrent Algo deployment:
3 -
Maximum Multiple to be allowed:
Upto 2X -
uTrade Original Available:
-
Create Strategies upto:
0 -
Backtest per day:
0 -
Backtest per month:
0 -
Backtest data [in months]:
0
Beginner Plan
₹ 0 +₹28,790 Brokerage
- Share India Brokerages Charges (Yearly): ₹ 28,790
- Live Deployment:
- Symbols Available: Nifty, Bank Nifty, FinNifty
-
Concurrent Algo deployment:
3 -
Maximum Multiple to be allowed:
Upto 12X -
uTrade Original Available:
-
Create Strategies upto
10 -
Backtest per day:
2 -
Backtest per month
10 -
Backtest data [in months]:
6
Pro Plan
₹0 +₹38,390 Brokerage
- Share India Brokerages Charges (Half Yearly): ₹ 38,390
- Live Deployment:
- Symbols Available: Nifty, Bank Nifty, FinNifty
-
Concurrent Algo deployment:
4 -
Maximum Multiple to be allowed:
Upto 12X -
uTrade Original Available:
-
Create Strategies upto:
20 -
Backtest per day:
5 -
Backtest per month:
20 -
Backtest data [in months]:
18
Wizard Plan
₹0 +₹62,390 Brokerage
- Share India Brokerages Charges (Yearly): ₹ 62,390
- Live Deployment:
- Symbols Available: All
-
Concurrent Algo deployment:
6 -
Maximum Multiple to be allowed:
Upto 18X -
uTrade Original Available:
-
Create Strategies upto:
30 -
Backtest per day:
10 -
Backtest per month:
30 -
Backtest data [in months]:
24
Expert Plan
₹0 +₹1,43,990 Brokerage
- Share India Brokerages Charges (Yearly): ₹ 1,43,990
- Live Deployment:
- Symbols Available: All
-
Concurrent Algo deployment:
10 -
Maximum Multiple to be allowed:
Upto 45X -
uTrade Original Available:
-
Create Strategies upto:
50 -
Backtest per day:
20 -
Backtest per month:
50 -
Backtest data [in months]:
36
* Please note: Taxes and GST are applicable based on the subscriber’s place of residence.
** RM: Relationship Manager
Experience uTrade Algos on the web and mobile app without any commitment.
- 2 Backtests per Day
- Access to uTrade Originals
- Create Upto 5 Algos
Videos
Knowledge Centre
Algorithmic trading, powered by advanced mathematical models and automated processes, has reshaped the landscape of financial markets worldwide. When paired with quantitative analysis, which involves extensive data-driven research and statistical methods, these approaches can amplify trading strategies' effectiveness. This blog explores the synergistic benefits of combining algorithmic trading with quantitative analysis, highlighting strategies, platforms, and real-world applications.
Quantitative trading has altered financial markets by leveraging advanced mathematical models and data analysis to make trading decisions. At the heart of successful quantitative trading strategies lies backtesting—an essential process that evaluates the performance of trading algorithms using historical market data. This comprehensive guide explores the critical role of backtesting in quantitative trading, its benefits, methodologies, best practices, and the pivotal role of quantitative trading platforms and software.
Frequently Asked Questions
uTrade Algo’s proprietary features—advanced strategy form, one of the fastest algorithmic trading backtesting engines, and pre-made strategies—help you level up your derivatives trading experience
The dashboard is a summarised view of how well your portfolios are doing, with fields such as Total P&L, Margin Available, Actively Traded Underlyings, Portfolio Name, and Respective Underlyings, etc. Use it to quickly gauge your algo trading strategy performance.
You can sign up with uTrade Algos and start using our algo trading software instantly. Please make sure to connect your Share India trading account with us as it’s essential for you to be able to trade in the live markets. Watch our explainer series to get started with your account.
While algo trading has been in use for decades now for a variety of purposes, its presence has been mainly limited to big institutions. With uTrade Algos you get institutional grade features at a marginal cost so that everyone can experience the power of algos and trade like a pro.
On uTrade Algos, beginners can start by subscribing to pre-built algos by industry experts, called uTrade Originals. The more advanced traders can create their own algo-enabled portfolios, with our no-code and easy-to-use order form, equipped with tons of features such as robust risk management, pre-made algorithmic trading strategy templates, payoff graphs, options chain, and a lot more.
From single-leg strategies to complex portfolios, with upto five strategies, each strategy having up to six legs, uTrade Algos gives one enough freedom to create almost any auto trading strategy one likes. What’s more, is that there are pre-built algos by industry experts for complete beginners and pre-made strategy templates for those who want to try their hand at strategy creation.
An 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.
Algos have the capability to fire orders to the exchange in milliseconds, a speed which is impossible in manual trading. That is why traders leverage the power of algo trading to make their efforts more streamlined and efficient. You can try uTrade Algos for free for 7 days!