Alice Blue Algo Trading Charges

Alice Blue offers an advanced trading platform and along with this, it provides the additional facility for algo trading. But what are the Alice Blue Algo Trading Charges? 

Wait are you wondering why you need to pay the additional fees for using this service.

Then let’s explain you with an example.

Let’s say you download an app like an English learning app.

Now here some of the features and facilities are provided for FREE! Like you can read comprehensions, learn 50 new words, etc. 

But when it comes to gain the Video Tutorials the app asks you to pay the subscription fees. Right?

Similarly, when you open Alice Blue demat account, you can trade across segments, view charts, analyze markets, but when you use its additional services like the Algo Trading platform, you need to pay some fees.

Here the broker provides the third-party integration of Chart Bridge that allows algo trading to the customers of Alice Blue.  

Along with this, it offers some in-built strategies with an assured success rate.

Let’s dive in to know the charges detail to make the best use of its services.

After the basic understanding of the Alice Blue algo trading, now, let us dive deep into the following segments that carry the charges of Alice Blue algo trading.

What are the Charges for Alice Algo?

As said, the broker does not have its own algo platform. But for using the Chart Bridge, Alice Blue does not charge a fee from the trader.

Yes, you read it right.

The broker offers the 100% free algo platform to the traders with Chart Bridge.

A trader can automate the trades with the API and pre-defined strategies that are offered by Alice Blue. But what does Chart Bridge offers?

Chart Bridge provides the algos with different platforms like MT4, TradingView, Excel, Amibroker, and Python.

The Alice Blue API is free for the traders if they want to automate the trading strategies provided by the broker.

Apart from this, as already discussed, the broker provides some of the useful pre-defined strategies that helps the active trader to trade across segment with the least risk and minimum loss.

The strategies are further specified for the option and intraday traders that make it easier for them to choose the one that meets their trading needs.

Now, let’s discuss the pricing of the different pre-defined algo trading strategies presented to the traders in the following table.

 

The strategies that are mentioned above are provided to the traders and investors if they want to use any of the strategies according to the features and parameters mentioned in the table.

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Conclusion

The broker, i.e., Alice Blue, offers algo trading to the customers along with some pre-defined strategies. 

A trader can check the strategies and can opt for them if felt to have the same features in the trading type. Thus, you can improve the experience of Alice Blue trading to reap more benefits. 

Therefore, it is the right time to connect with the broker, understand the charges, and go with the algo trading with Alice Blue.

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Reap the benefit of algo trading by opening a demat account with the renowned stockbroker online for FREE!

 

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