A free AmiBroker alternative with no licence

The short answer

AmiBroker sells single-user licences of $299 (Standard, 32-bit only), $379 (Professional) and $499 (Ultimate Pack Pro), for Windows, with automated trading through Interactive Brokers. On AlgoBars, charting, unlimited backtesting, walk-forward analysis and Monte Carlo simulation are free in the browser, on desktop and on your phone, with live trading on 334 brokers. Turning plain English into code needs the AFL Code Wizard, a $99 add-on, and the AmiQuote data downloader is another $99; on AlgoBars, building in plain words is free.

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Last updated October 10, 2026

AmiBroker vs AlgoBars

AmiBroker figures from its own pricing pages or cited listings, checked October 2026.

	AmiBroker	AlgoBars (free)
Price	$299 Standard, $379 Professional, $499 Ultimate Pack Pro	Free
Where it runs	Windows desktop	Browser, desktop and phone
Automated trading	Through Interactive Brokers	334 integrated brokers, 24/7 on AlgoBars servers
Strategy language	AFL	Plain words, blocks or AlgoBarsX, plus free code import
Plain English to code	AFL Code Wizard, a $99 add-on	Plain words or no-code blocks, free
Data downloader	AmiQuote, a $99 add-on	Backtest on AlgoBars data, free
Upgrades	Free for 24 months, then a 50% upgrade fee	Always current

Everything you would pay for, free on AlgoBars

Here is what a trading platforms trader gets on AlgoBars at $0, compared with paying for AmiBroker.

What you get	On AlgoBars
No coding required	Build in plain words or no-code blocks, or write AlgoBarsX (ABX), AlgoBars' own trading language
Indicators	100+ built in and unlimited custom indicators, with no per-chart cap
Stock fundamentals	Financial data on the chart, free
Custom timeframes	Any timeframe you set, free
Chart types	Kagi, Point and Figure, Line Break, Renko, range bars, tick charts and Heikin-Ashi, free
1-second charts	1s, 5s, 10s, 15s and 30s timeframes, free
Multi-chart layouts	Free
Price and condition alerts	Free
Market scanner	Free
Backtesting	Free and unlimited, on every account
Market replay	Free
Live trading	Free on 334 integrated brokers and 131 prop firms
Strategies running 24/7	Free on AlgoBars servers, with no VPS
Bring your code	Free import of Pine Script, MQL4 and MQL5, NinjaScript, EasyLanguage, thinkScript and Python into AlgoBarsX (ABX)
Trade journal	Free, built into the platform you trade on
Economic calendar and news panel	Free

What actually costs money on AlgoBars

Every platform feature is free on every account, every month: no card, no trial and nothing to cancel. You only pay for AI usage: AI writing a strategy, indicator or alert for you, AI analysis and chat, and auto-trading on external (non-integrated) brokers. You get 250 credits free every month, and more cost $1 per 100. Anything you write yourself, every backtest, every import and trading on integrated brokers stay free.

Step by step: move from AmiBroker to AlgoBars

Create a free AlgoBars account. No card is needed, and there is no trial clock.
Set up your chart with the indicators you use. There is no per-chart cap and custom indicators are unlimited.
Test it: backtests are free and unlimited. Check robustness with walk-forward analysis and Monte Carlo simulation, also free.
Go live on one of 334 integrated brokers. Strategies keep running on AlgoBars servers when you log off.

When AmiBroker may still suit you

AmiBroker suits system developers who want very fast portfolio-level backtests of stocks on their own Windows machine.

Backtests you can trust

AlgoBars backtests use only the data available at each moment and fill orders on the next bar, so a result reflects your rules, not hindsight. They show the raw price move, before spread and commission, so you see the edge of the rules themselves. Check each broker's spread with the broker spread map before going live.

Frequently asked questions

Is there a free AmiBroker alternative?

Yes. AlgoBars gives you the same core job free: unlimited backtesting with walk-forward analysis and Monte Carlo simulation, on every account.

What does AmiBroker cost compared with AlgoBars?

AmiBroker: $299 to $499 one time, plus $99 add-ons (Windows), as published when checked. AlgoBars: $0 for every platform feature, on every account.

Is AlgoBars really free?

Yes. Every platform feature is free on every account, with no card and no trial clock. Only AI usage costs credits, and you get 250 free every month.

Does AlgoBars charge for backtesting?

No. Backtests are free and unlimited on every account, on any market and timeframe AlgoBars has data for. Walk-forward analysis and Monte Carlo simulation are free too.

When is AmiBroker still a good choice?