10 Best AI Stock Trading Bots to Try in 2023


Readers like you help support Cloudbooklet. When you make a purchase using links on our site, we may earn an affiliate commission.

If you are looking for a way to automate your stock trading and take advantage of the power of artificial intelligence, you might want to try some of the best AI stock trading bots in 2023. These are software programs that use machine learning and data analysis to generate trading signals, execute trades, and manage your portfolio. They can help you save time, reduce risk, and increase your profits.

In this article, we will introduce you to some of the best AI stock trading bots to try in 2023, and explain their features, benefits, and prices. Let’s get started!

Best 10 AI Stock Trading Bots

Tool Features Price
StockHero Customizable Trading Strategies Freemium
Trade Ideas Simultaneous Charts – The ability to have ten chart windows open. Premium
TrendSpider Advanced backtesting capabilities Freemium
Tickeron Benefits crypto traders as well Freemium
Signal Stack No coding required Freemium
Scanz  Preconfigured Scans Freemium
Algoriz Intuitive interface Freemium
Vectorvest VectorVest has a mobile app that allows users to analyze any stock, anytime, anywhere. Premium
QuantConnect Supports a wide range of programming languages, including C#, Python and Java Freemium
CryptoHero Aggregated portfolio to help traders track their trading performance personally  Freemium

What is AI Stock Trading Bots?

AI stock trading bots are software applications that utilize artificial intelligence (AI) and machine learning algorithms to automate the trading process. They can scan the market data, generate trading signals, execute trades, and optimize your portfolio based on your preferences and goals. AI stock trading bots can help you save time, reduce risk, and increase your profits.

These bots are designed to automate various aspects of trading, ranging from market analysis to trade execution, with the goal of optimizing trading strategies, minimizing human error, and capitalizing on market opportunities. They can handle large volumes of data and respond to market changes in real-time, often far quicker than a human trader could. However, you should always do your own research and due diligence before investing in any stock or using any AI trading bot.

Best AI Stock Trading Bots

There are many AI stock trading bots available in the market, each with its own features and benefits. Some of the best AI stock trading bots in 2023 are:

StockHero

Ai Stock Trading Bots

StockHero is an automated stock trading software that offers users the ability to configure trading logic into “bots” via a user-friendly interface. StockHero will trade on the user’s behalf automatically based on the entry and exit conditions setup by the user. StockHero is NOT an investment platform. You do not deposit any funds with us. Simply put, StockHero is a Software-as-a-Service stock trading bot that helps users to automate the buying and selling of stocks. 

Features

  • No Software To Install – StockHero hosts the hardware and software needed to run a powerful stock trading bot platform.
  • Trade Anytime Anywhere – StockHero offers our intuitively-designed Web app, iOS and Android mobile apps.
  • Super Fast Backtest – StockHero’s proprietary backtest engine has been honed over the years to provide near-immediate results for your bots’ settings.

Pricing

  • Lite – Free trial for first 14 days,after the free trial period $4.99 per month.
  • Premium- $49.99 per month.
  • Professional – $99.99 per month.

Trade Ideas

Ai Stock Trading Bots

Trade Ideas is a web and desktop-based software platform that provides AI-driven stock scanning, charting, and trading signals for active traders . It is designed to meet the needs of active traders by providing powerful tools such as real-time market scanning, customizable alerts, advanced charting capabilities, and time-saving data visualization.

Features

  • AI Trading Signals – Trade Ideas AI gives real-time symbol entry and exit ideas from a scan that modifies itself every night based on past data simulated back testing.
  • Picture-in- Picture – IP Charting allows our subscribers to see multiple trends at the same time.
  • Streaming Alerts – The Crown Jewel of Trade Ideas that nobody else has; a real-time scanner that alerts you the moment the event triggers.

Pricing

  • Premium Plan – It costs $167per month and $1999 Annually.
  • The Standard Plan – Costs $84 per month and $999 Annually.

TrendSpider

Trendspider

Tradespider is a trading software that offers smart charts, real-time scanners, robust backtesting, dynamic alerts, automated analysis, trading bots and more. It is designed by traders, for traders, to help them find, plan and time their trades with greater efficiency and precision.

Features

  • Robust Backtesting This is a feature that allows you to test your trading strategies on historical data and see how they would have performed in different market conditions.
  • Real-Time Scanners – These are powerful scanners that help you find trading opportunities based on technical, fundamental, pattern, and multi-timeframe criteria. 

Pricing

  • Monthly Trial: It offers a 7 day free trial and after that, Essential-$39/month,Elite- $79/month and Elite Plus- $179/month.
  • Yearly Trial: It offers a 7 day free trial and after that,Essential- $32/month,Elite- $65/month and Elite Plus- $135/month.
  • Yearly Pre-Pay: Essential- $24.96/month,Elite- $33.15/month and Elite Plus- $49.95/month.

Tickeron

Tickeron

Tickeron is an AI-powered trading platform that provides various tools and features that use artificial intelligence and natural language processing to help traders and investors with market analysis, trading signals, portfolio management, and more.Tickeron allows users to exchange and subscribe to different products and services related to trading and investing, such as model portfolios, paper trades, watchlists, and filters.

Features

  • Stock Screeners: Users can filter and screen stocks based on specific criteria like market cap, price movements, volume, and other fundamental or technical indicators.
  • Education and Insights: Tickeron offers educational resources, market insights, and trading ideas to help users understand the market trends and improve their trading strategies.

Pricing

  • Beginner – It costs $0/month.
  • Intermediate one – It costs $90/month.
  • Intermediate two – It costs $145/month.

Signal Stack

Signal Stack

Signal Stack is a service that allows you to automate your trading orders based on alerts from your charting platform. It is a cloud-based software that lets you create, test and run your own customizable crypto robot in just a few minutes. You can trade popular cryptocurrencies such as Bitcoin, Ethereum and many others on various exchanges.

Features

  • Supports multiple brokers and assets: You can connect your SignalStack account to various brokers and crypto exchanges, and trade any asset, such as stocks, futures, forex, options, etc.
  • Reliable and fast order execution: SignalStack claims to have 99.99% uptime and send your orders to your broker in less than 0.45 seconds.

Pricing

  • Free Plan – Costs $0/year.
  • Basic – Costs $162/year.
  • Premium – Costs $582/year.
  • Pro -Costs $2,082/year

Scanz

Scanz

Scanz is the fastest and most actionable trader workstation ever created for monitoring live, market-moving activity. Our proprietary terminal brings together powerful scanners, alerts, newsfeeds, charts, unique montages and customizable layouts within a beautifully designed and intuitive platform.

Features

  • Trading Integration: Depending on the plan or version, Scanz might integrate with various brokerage platforms, enabling users to execute trades directly from the Scanz platform.
  • Paper Trading: Some versions of Scanz might include a paper trading feature, allowing users to practice trading strategies in a simulated environment without risking real money.

Pricing

  • It offers a 7-day free trial to its service. After that, a membership to Scanz will run you $169/month. 

Algoriz

Algoriz

Algoriz is an AI-driven trading platform designed for traders and merchants that empowers users to swiftly construct, backtest, and automate trading strategies for equities and cryptocurrencies. It offers a user-friendly edge by enabling traders to effortlessly build trading algorithms using plain English, removing the need for coding skills. 

Features

  • Algorithmic trading platform: Algoriz is a tool that allows users to create, test, and automate trading algorithms for various coins and stocks.
  • Risk Management Tools: Algoriz may include risk management features that help users control and manage the risk associated with their trading strategies.

Pricing

  • Lite – It costs $0/month.
  • Professional – It costs $29/month.
  • Premium – It costs $69/month.
  • Enterprise – Contact them for custom services.

Vectorvest

Vectorvest

VectorVest is an investment research platform designed to assist individual investors in making more informed decisions in the stock market. The platform offers a comprehensive set of tools and analytics to evaluate stocks and optimize investment strategies.

Features

  • Daily Stock Picks: Every day our VectorVest experts’ hand-select and showcase hot stocks for you to consider.
  • Successful Investing Coaching Group: Live coaching group designed to help you get the most out of VectorVest and grow your portfolio.

Pricing

  • Basic – Costs $0.99for your first 30 days, then $69/month.
  • Enhanced – Costs $0.99for your first 30 days, then $99/month.
  • Premium – Costs $0.99for your first 30 days, then $149/month.

QuantConnect

Quantconnect

QuantConnect is an open-source, cloud-based algorithmic trading platform that allows traders to design, test, and execute their own trading strategies for equities, FX, futures, options, derivatives, and cryptocurrencies . It provides a free algorithm backtesting tool and financial data to help engineers design algorithmic trading strategies . 

Features

  • Open-source and community-driven: You can modify the source code to suit your needs and join the global community of quants, researchers, data scientists, and engineers.
  • Rich library of alternative data: You can access more than 40 distinct vendors of alternative data that are linked to the underlying securities and ready to be used in live trading.

Pricing

  • Free Plan – Costs $0per user/month.
  • Researcher – Costs $24per user/month.
  • Team – Costs $48per user/month.
  • Institution – Costs $96per user/month.

CryptoHero

Cryptohero

CryptoHero is a crypto trading bot that automates your trades round the clock. It is a cloud-based software that lets you create, test and run your own customizable crypto robot in just a few minutes. CryptoHero has a web version and mobile apps for Android and iOS. It also has a bots marketplace where you can access proven bots setup by experienced traders.

Features

  • Bots Marketplace: CryptoHero has a bots marketplace where you can access proven bots setup by experienced traders.
  • Multi-Exchange Support: The platform may support multiple cryptocurrency exchanges, enabling users to trade across various exchanges from a single interface.

Pricing

  • Basic – It costs $0/month.
  • Premium – It costs $19.99/month.
  • Professional – It costs $29.99/month.

How to Choose the Best AI Stock Trading Bots?

  • Performance: You should look for trading bots that have a proven track record of generating consistent and profitable returns in different market conditions.
  • Features: Look for trading bots that offer the features and tools that suit your trading style, objectives, and preferences.
  • Pricing: Look for trading bots that offer a reasonable and transparent pricing model that fits your budget and expectations.
  • Reputation: Look for trading bots that have a good reputation and credibility in the trading community. You can read reviews, testimonials, and feedback from other users and experts to learn about their experiences and opinions.
  • Compatibility: Look for trading bots that are compatible with your preferred trading platforms, brokers, and devices.

Frequnetly Asked Questions

Are AI stock trading bots legal?

AI stock trading bots are legal in most countries, as long as they comply with the rules and regulations of the relevant authorities and exchanges. However, some countries may have stricter laws or restrictions on the use of AI stock trading bots, especially for crypto trading.

How much do AI stock trading bots cost?

The cost of AI stock trading bots varies depending on the features, functionality, and data they offer. Some AI stock trading bots offer free trials or freemium plans, while others charge a monthly or annual subscription fee.

Conclusion

In this article, we have introduced you to the concept of AI Stock trading bots, best AI Stock trading bots and how to choose one. The article provides a comprehensive overview of the benefits and features of various AI stock trading bots that can help traders and investors improve their performance and profitability in the market.

The article compares and contrasts 10 different AI stock trading bots, such as Trade Ideas, TrendSpider, Signal Stack, Stock Hero, Tickeron, Scanz and so. The article is informative and useful for anyone who is interested in using AI and machine learning to enhance their trading strategies and outcomes. We hope that this article has helped you find the best AI Stock trading bots for your needs and preferences.

#Stock #Trading #Bots

Leave a Reply

Your email address will not be published. Required fields are marked *