Algo trading for Indian retail traders
Build, backtest, and paper trade rule-based strategies for NSE and BSE. No coding required. Describe your idea in English or Hindi and validate it on 5 years of historical data.
Anadi Algo is not empanelled with any exchange as an algo provider today. Anadi applies to the exchange directly, and that application is being worked on. Empanelment, if granted, will not mean the exchange endorses Anadi or any strategy. Until then, live orders through Anadi are not open to the public; backtesting and paper trading are available. Invite-only early access is now open.
What is algo trading in India?
Algorithmic trading (algo trading) uses pre-defined rules to automatically place buy and sell orders on stock exchanges. In India, retail algo trading runs through broker APIs under SEBI's retail algo framework, fully in force since 1 April 2026: API orders must come from a static IP registered with the broker, third-party algo providers must be empanelled by the exchange itself, and every algo order carries an exchange-issued algo ID.
Anadi Algo is a platform that makes algo trading accessible to retail traders who trade on NSE (National Stock Exchange) and BSE (Bombay Stock Exchange). You describe your strategy in plain language, review the generated rules, test them on historical data, and run them in paper mode. Automated live execution through Anadi starts only after exchange empanelment.
Your money stays in your broker account at all times. Anadi Algo sends order instructions via official broker APIs. Every order is visible in your broker's order book and trade history.
April 2026 changed how traders should think about algo workflows.
If you are evaluating algo trading in India right now, do not separate strategy logic from broker execution, audit trails, and risk controls. That distinction matters more than before.
How it works: Build, Backtest, Paper, Live
Four steps from idea to live execution. Each step validates your strategy before risking real capital.
Build Strategy
Describe your trading idea in English or Hindi. AI generates entry/exit rules with 30+ technical indicators. Use Chat Wizard for guided flow or DSL Builder for manual control.
Strategy Builder →Backtest on Historical Data
Run against 5 years of NIFTY 500 candle data. Get full trade log, equity curve, drawdown, win rate, and Sharpe ratio. Static or dynamic instrument selection.
Backtesting →Paper Trade
Deploy to paper trading with identical rules. Validate execution on live market data with zero risk. Same risk controls as live.
Dashboard →Live, after empanelment
Live orders through Anadi open only after exchange empanelment. Then: connect your broker, switch from paper to live, and keep auto SL/TP, trailing stops, and position sizing enforced.
Supported Brokers →Manual trading vs algo trading
Side-by-side comparison of manual screen-based trading and automated algo execution.
| Aspect | Manual Trading | Algo Trading (Anadi Algo) |
|---|---|---|
| Execution Speed | Seconds to minutes (human reaction) | Milliseconds (API order placement) |
| Emotion Control | Fear/greed affect decisions | Rules-based, no emotional bias |
| Backtesting | Manual journaling, no historical replay | 5 years of NIFTY 500 candle data |
| Simultaneous Monitoring | 3-5 charts at best | 500+ instruments in real-time |
| Risk Management | Manual SL placement, often missed | Auto SL/TP, trailing stops, position sizing |
| Consistency | Varies day to day | Same rules, every trade, every day |
| Working Hours | Full market hours, screen time | Set and monitor, alerts on action |
| Scalability | Limited by attention span | Run 25+ strategies in parallel |
Supported brokers for algo trading
Connect any of these SEBI-registered brokers. Your money stays in your broker account.
| Broker | API | Segments | Details |
|---|---|---|---|
| Zerodha (Kite) | Kite Connect v3 | NSE, BSE, NFO | Market data + historical candles + order execution |
| Upstox | Upstox API v2 | NSE, BSE, NFO | REST API for equity and derivatives |
| Dhan | DhanHQ API | NSE, NFO | Option chain data + order execution |
| Groww | Groww Trade API | NSE, BSE, NFO | Equity and F&O order execution |
All broker APIs use OAuth-based authentication. API credentials are encrypted at rest. Session tokens are renewed daily.
Algo trading pricing
- + 5 live strategies
- + Paper trading
- + Basic analytics
- + AI strategy builder
- + 5 years backtest data
- + Unlimited strategies
- + Priority execution
- + Advanced analytics
- + API access
- + TradingView webhooks
- + AI Stock Scanner
Broker charges (brokerage, STT, GST) are separate and charged by your broker directly. Anadi Algo does not charge per-trade fees.
Platform capabilities
AI Strategy Builder
Describe strategies in English or Hindi. AI generates executable rules with 30+ indicators. Chat Wizard or DSL Builder.
Learn more →Backtesting Engine
5 years of NIFTY 500 candle data. Full trade log, equity curve, drawdown. Static or dynamic instrument selection.
Learn more →AI Stock Scanner
ML-powered scanner processes live candles across 500+ stocks. 94 AI features, real-time signal generation.
Learn more →Options & Hedge Baskets
Build straddle, strangle, iron condor, butterfly strategies. Per-leg roll/close, combined P&L, hedge control.
Learn more →Risk Management
Per-strategy and portfolio-level risk controls. Max loss limits, position sizing, daily drawdown caps, kill switch.
Learn more →TradingView Webhooks
Route TradingView alerts into paper trading with symbol mapping and rate limits. Live webhook orders follow exchange empanelment.
Learn more →Frequently asked questions
Is algo trading legal for retail traders in India?
Yes, within SEBI's retail algo framework (SEBI circular of 4 February 2025, fully in force since 1 April 2026). Orders sent through a broker API must come from a static IP registered with the broker, third-party algo providers must be empanelled by the exchange itself (the provider applies to NSE or BSE directly), and every algo order carries an exchange-issued algo ID. Anadi Algo is not empanelled with any exchange as an algo provider today. Anadi applies to the exchange directly, and that application is being worked on. Empanelment, if granted, will not mean the exchange endorses Anadi or any strategy. Until then, live orders through Anadi are not open to the public; backtesting and paper trading are available.
Do I need coding knowledge to use Anadi Algo?
No. The Chat Wizard lets you describe strategies in plain English or Hindi. AI converts your description into executable trading rules. For advanced users, the DSL Builder provides direct control over every parameter. No Python, Pine Script, or coding required.
How much does algo trading cost on Anadi Algo?
We currently onboard users through an invite queue. Starter and Professional pricing tiers exist, but access is opened in batches during early access. Check the pricing page for current details.
Which exchanges and segments are supported?
Anadi Algo supports NSE Equity, NSE F&O (Futures and Options including NIFTY, BANKNIFTY, FINNIFTY, MIDCPNIFTY), and BSE Equity. All NIFTY 500 stocks are available for backtesting with 5 years of candle data.
Start with backtests and paper trading today
Join the invite queue, tell us your workflow, and we will onboard batches based on intent and fit.