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every answer in one place
The short answer
AlgoBars is a complete trading platform that costs $0 a month, forever. Here is every question it answers, with the tools other platforms charge for, free.
Last updated · Trading involves risk of loss.
Start here
- Supported Brokers & Prop Firms (465)
- Every broker and prop firm in the AlgoBars connection list: 334 brokers and 131 prop firms, via MT4, MT5 and cTrader. Search for yours.
- Is AlgoBars Legit? Company, Security & Contact
- Who runs AlgoBars, where it is based, how your account and strategies are protected, and how to reach 24/7 support. Straight answers about the company.
- Best Free Trading Platform 2026: Every Feature Free
- AlgoBars is a free trading platform: charting, 100+ indicators, unlimited backtesting, scanner, journal, copy trading and bots that run 24/7 without a VPS.
Free alternatives to paid platforms
- Sierra Chart Alternative, Free With Mobile
- Sierra Chart is powerful but paid, desktop-only and technical. AlgoBars adds free order flow, DOM, web, desktop and mobile apps and no-code bots.
- Quantower Alternative: Free Order Flow Tools
- Quantower's order flow tools need a $40 to $100 monthly licence. AlgoBars includes footprint, DOM and Volume Profile free, on Mac and mobile too.
- MotiveWave Alternative, Free Live Trading
- MotiveWave's free edition has no live trading; paid editions run $24 to $159 a month. AlgoBars includes live trading, order flow and bots free.
- QuantConnect Alternative, No Coding Needed
- QuantConnect needs Python or C# and a paid plan with live nodes to trade. AlgoBars lets you build, backtest and run bots free, without code.
- Cryptohopper Alternative: Free Crypto Bots
- Cryptohopper paid plans run up to about $107 a month. AlgoBars lets you build crypto bots, backtest free and trade forex and metals too.
- Pionex Alternative Beyond Crypto-Only Bots
- Pionex bots are free but crypto-only and tied to its exchange. AlgoBars runs custom bots on forex, indices, metals and crypto on free integrated brokers.
- TradersPost Alternative for Alerts to Brokers
- TradersPost starts around $49 a month. AlgoBars sends TradingView alerts to MT4, MT5, cTrader and 334 brokers and can run strategies directly.
- eToro CopyTrader Alternative, Any Broker
- eToro copy trading needs $200 per trader and an eToro account. AlgoBars copy trading works across integrated brokers with your own risk limits.
- ZuluTrade Alternative for Copy Trading
- ZuluTrade needs a partner broker and often $300 to $500. AlgoBars copy trading works across integrated brokers, and you can build and sell strategies.
- Free TraderSync Alternative Trading Journal
- TraderSync costs $29.95 to $79.95 a month. The AlgoBars trade journal is free, built into the platform you trade on, with analytics included.
- Free Tradervue Alternative Trading Journal
- Tradervue has a limited free tier and paid plans of $29.95 to $49.95 a month. AlgoBars includes a full trade journal free.
- Free TradeZella Alternative Trading Journal
- TradeZella costs $29 to $49 a month. AlgoBars includes a free trade journal plus free market replay and backtesting.
- Free Edgewonk Alternative Trading Journal
- Edgewonk costs $197 a year. The AlgoBars trade journal is free, with performance reports, heatmaps and risk guards built in.
- Myfxbook AutoTrade Alternative for Copy Trading
- Myfxbook AutoTrade is free but needs a partner broker and about $1,000. AlgoBars copy trading works across integrated brokers, and you can earn as a leader.
- cTrader Alternative With No-Code & AI Bots
- cTrader is free with cloud cBots, but bots need C# or Python. AlgoBars adds AI and no-code bots, Pine/MQL import and free integrated brokers.
- thinkorswim Alternative With Full Automation
- thinkorswim is free with Schwab but thinkScript is built for studies and alerts, not full automation. AlgoBars runs complete strategies 24/7, free.
- TradeStation Alternative, No Platform Fee
- Automate like TradeStation without platform fees. Import EasyLanguage for free, backtest with walk-forward analysis and run strategies 24/7.
- Free Bookmap Alternative: Order Flow & DOM
- Bookmap Global is $49 a month plus data fees. AlgoBars includes order flow, footprint charts, Depth of Market and Level 2 free, with automation.
- Free TrendSpider Alternative: Scanner & Backtests
- TrendSpider starts around $54 to $89 a month. AlgoBars includes an AI scanner, 100+ indicators, unlimited backtesting and automation free.
- Free 3Commas Alternative: Grid & DCA Bots
- 3Commas charges monthly for more bots. AlgoBars lets you build grid, DCA and custom bots, backtest them free and run them 24/7 on crypto and more.
- PineConnector Alternative: TradingView to MT5
- PineConnector costs $59 to $69 a month for one connection. AlgoBars sends TradingView alerts to MT4, MT5, cTrader and 334 brokers, 24/7.
- Free TradingView Alternative (2026): No Plan Limits
- A free TradingView alternative with no indicator or alert limits, unlimited backtesting, Pine Script import and free trading on integrated brokers. $0, forever.
- Free NinjaTrader Alternative (2026): No Licence Fee
- A free NinjaTrader alternative: order flow, Depth of Market, Market Replay, backtesting and automated trading with no $99/month lease or $1,499 licence.
- Free MetaTrader Alternative: Run EAs Without a VPS
- A free MetaTrader alternative: connect your MT4, MT5 or cTrader account and run strategies 24/7 on AlgoBars servers. No VPS, no $15 to $50 a month.
Free calculators
- Pip Value Calculator (Forex, Free)
- Work out how much one pip is worth for any lot size and pair, in your account currency. Free pip value calculator with the formula explained.
- Position Size Calculator (Lot Size, Free)
- Calculate the right lot size from your account balance, risk percentage and stop loss. Free position size calculator with the formula and a worked example.
- Forex Margin Calculator: Required Margin
- Calculate the margin required to open a trade from lot size, contract size, price and leverage. Free forex and CFD margin calculator with the formula.
- Risk Reward Ratio Calculator (Free)
- Calculate your risk-to-reward ratio from entry, stop loss and take profit, and the win rate you need to break even. Free, with the formula explained.
- Compound Growth Calculator for Traders
- See how an account compounds with a monthly return and monthly deposits. Free compounding calculator for traders, with a reality check on returns.
- Drawdown Recovery Calculator: Gain Needed
- Find the gain you need to recover from any drawdown. A 50% loss needs a 100% gain. Free drawdown recovery calculator with a full table.
- Risk of Ruin Calculator (Simulation)
- Estimate the chance of a losing streak cutting your account by a set amount, from win rate, reward-to-risk and risk per trade. Free, simulation-based.
Trade better: honest answers
- Why Most Traders Lose Money, and How to Fix It
- Most retail traders lose money. The main reasons are risk, emotions, costs and untested strategies. Here is what to change, with free tools to help.
- How to Stop Revenge Trading and Overtrading
- Revenge trading turns one loss into many. Stop it with hard daily loss limits, fixed risk per trade, automated rules and a journal. Free tools included.
- How Much Should You Risk Per Trade?
- Many traders risk 1% or less of their account per trade. Here is why, how to size a position from your stop loss, and free tools that do it automatically.
- Is Algo Trading Profitable? An Honest Answer
- Algo trading can be profitable, but most strategies are not. What separates the ones that work: honest testing, low costs, risk control and patience.
- How to Trade While Working a Full-Time Job
- Trade around a full-time job by automating your rules, using alerts and trading from your phone. Bots run 24/7 on AlgoBars servers, even when you are at work.
Markets you can automate
- Trade NASDAQ 100 With a Bot, Free
- Automate NASDAQ 100 trading: build a bot free, backtest it without limits and run it 24/7. Value per point, what moves the index and how to start.
- Trade S&P 500 With a Bot, Free
- Automate S&P 500 trading: build a bot free, backtest it without limits and run it 24/7. Value per point, what moves the index and how to start.
- Trade Dow Jones 30 With a Bot, Free
- Automate Dow Jones 30 trading: build a bot free, backtest it without limits and run it 24/7. Value per point, what moves the index and how to start.
- Trade Gold With a Bot, Free
- Automate Gold (XAU/USD) trading: build a bot free, backtest it without limits and run it 24/7. Contract size, value per move and what moves the market.
- Trade Silver With a Bot, Free
- Automate Silver (XAG/USD) trading: build a bot free, backtest it without limits and run it 24/7. Contract size, value per move and what moves the market.
- Trade EUR/USD With a Bot, Free
- Automate EUR/USD trading: build a bot free, backtest it without limits and run it 24/7. Contract size, value per move and what moves the market.
- Trade GBP/USD With a Bot, Free
- Automate GBP/USD trading: build a bot free, backtest it without limits and run it 24/7. Contract size, value per move and what moves the market.
- Trade USD/JPY With a Bot, Free
- Automate USD/JPY trading: build a bot free, backtest it without limits and run it 24/7. Contract size, value per move and what moves the market.
- Trade Bitcoin With a Bot, Free
- Automate Bitcoin (BTC/USD) trading: build a bot free, backtest it without limits and run it 24/7. Contract size, value per move and what moves the market.
- Trade Ethereum With a Bot, Free
- Automate Ethereum (ETH/USD) trading: build a bot free, backtest it without limits and run it 24/7. Contract size, value per move and what moves the market.
- Trade WTI crude oil With a Bot, Free
- Automate WTI crude oil trading: build a bot free, backtest it without limits and run it 24/7. Contract size, value per move and what moves the market.
- Trade Brent crude oil With a Bot, Free
- Automate Brent crude oil trading: build a bot free, backtest it without limits and run it 24/7. Contract size, value per move and what moves the market.
- Trade Natural gas With a Bot, Free
- Automate Natural gas trading: build a bot free, backtest it without limits and run it 24/7. Contract size, value per move and what moves the market.
- Trade DAX With a Bot, Free
- Automate DAX (Germany 40) trading: build a bot free, backtest it without limits and run it 24/7. Contract size, value per move and what moves the market.
- Trade FTSE 100 With a Bot, Free
- Automate FTSE 100 trading: build a bot free, backtest it without limits and run it 24/7. Contract size, value per move and what moves the market.
Honest testing: results you can trust
- Non-Repainting Indicators That Never Change
- On AlgoBars an indicator value on a closed bar never uses a later bar, so indicators do not repaint history. Build and backtest them free.
- Why Backtests Differ From Live Trading
- Backtests look better than live results because of look-ahead, unrealistic fills, spreads and overfitting. How AlgoBars closes the gap, free.
- Compare Broker Spreads Free, on the Chart
- See each broker's real effective spread on the chart before you trade. Compare brokers free and backtest with broker-true costs on AlgoBars.
- Is My Trading Strategy Overfit? How to Check
- Overfit strategies look perfect in backtests and fail live. Check yours with walk-forward analysis, Monte Carlo simulation and honest tests, free.
- How to Spot Fake Trading Bot Results
- Fake bot results are everywhere. Check for verified live records, open rules, drawdown, trade count and costs before you buy or copy a trading bot.
More free tools
- Free Multi-Chart Layouts & Multi-Timeframe Charts
- Several charts and timeframes side by side, free. Multi-chart layouts, saved layouts, templates and symbol comparison on every AlgoBars account.
- Free Economic Calendar & Trading News Panel
- A free economic calendar and news panel inside your trading platform, with volatility alerts. AI news summaries and sentiment available at compute cost.
- Free Correlation Matrix & Exposure Dashboard
- Know how your positions move together. Free correlation matrix, exposure dashboard, position heatmap and margin monitor on AlgoBars.
- Free Trading Performance Analytics & Heatmaps
- Performance reports, heatmaps, real-time P&L and a trade journal, free. Find which markets, sessions and setups actually make you money.
- One-Click Close All & Hotkey Trading, Free
- Close every position with one click, trade with hotkeys, and use one-click trading from the chart. Free on every AlgoBars account.
- Free Level 2 Data & Tick-by-Tick Charts
- Level 2 order book, tick-by-tick data, historical tick replay and 10+ years of backtest data, free on AlgoBars.
- Free Crypto Order Flow, Footprint & DOM
- Order-flow tools, footprint charts and Depth of Market for Bitcoin, Ethereum and more, free, with crypto trading 24/7 on AlgoBars.
More platform features
- Free Trading Alerts to Telegram & Discord
- Send price, condition and bot alerts to Telegram, Discord and your phone, free. Build the condition in plain English and get notified instantly.
- Manage Trading Bots From Your Phone
- Start, stop and watch your trading bots from your phone, with push notifications when they trade. Bots run 24/7 on AlgoBars servers.
- FIX API Trading Connectivity
- FIX connectivity is available on AlgoBars for traders and brokers, alongside webhooks, event streaming and MT4, MT5 and cTrader bridges.
- Hedging Mode: Hold Long and Short Together
- Hedging mode lets you hold long and short positions on the same market, where your broker allows it. Plus fractional lots and flexible leverage.
- Signal Radar: Free Automated Trading Signals
- Signal Radar scans markets in real time and generates automated trade signals, free. Send them to alerts, or turn them into a bot.
- Price Prediction on the Chart: Predictive Markets
- Draw your price prediction on the chart, see the paths price could take, and build predictive strategies from your own trade history.
- Monte Carlo Simulation for Trading Strategies
- See the range of outcomes your strategy could produce, including worst-case drawdowns, with a Monte Carlo simulator. Plus a free risk-of-ruin calculator.
- Trade Only London or New York Session With a Bot
- Limit your bot to the London, New York or Asian session with free session and time filters. Avoid the hours that hurt your strategy.
- One Trading Platform for All Your Brokers
- Connect unlimited broker accounts and manage them from one platform with one login. 334 brokers and 131 prop firms supported.
Free trading tools
- Free Trading Journal (2026): No Subscription
- A free trading journal built into your trading platform: automatic trade records, real-time P&L, performance reports and risk tools. No $29 to $79 a month plan.
- Hide Your Stop Loss From Your Broker (Free)
- Smart Orders keep your stop loss, take profit and entry on AlgoBars servers, never at your broker. Nothing to see, nothing to hunt. Free on every account.
- Free Footprint Charts & Order Flow Software
- Footprint charts, order-flow tools, Depth of Market, Volume Profile and tick replay, free on every AlgoBars account. No add-on, licence or funded account needed.
- Free Market Replay & Bar Replay for Traders
- Replay any market candle by candle or at up to 50x speed, with historical tick replay and 10+ years of data. Practise and test for free, no funded account needed.
- Pass a Prop Firm Challenge With a Bot
- Automate your prop firm challenge on 131 prop firms with daily loss limits, max drawdown guards and risk per trade built in, plus a free journal. No VPS needed.
- Free Depth of Market (DOM) Trading Software
- Trade from a free Depth of Market ladder with Level 2 data, one-click orders, OCO and bracket orders, trailing stops and hotkeys. Free on every AlgoBars account.
- Free Range Bars, Renko & Tick Charts
- Range Bars, Renko, tick, seconds, Heikin Ashi, Kagi, Point & Figure and X-Ray Bars, free on every account. Backtest and automate on any of them.
- Free Trading Alerts, AI Alerts & Webhooks
- Free price and condition alerts, AI smart alerts that explain why they fired, volatility and equity alerts, and webhooks. No 3-alert cap like free charting plans.
- Free Paper Trading With $10,000 Virtual Balance
- Practise trading free with a $10,000 virtual balance, no KYC and no deposit. Real charts, backtesting, bots and a journal, then switch to live when ready.
- Free Order Block, FVG & BOS Scanner (SMC/ICT)
- Scan markets for order blocks, fair value gaps, break of structure, harmonics and 100+ patterns across 20 categories. Free on every AlgoBars account.
- Free Lot Size & Risk Calculator for Traders
- Get your lot size right with a free lot size and risk calculator, built into the platform. Auto position sizing, daily loss limits and drawdown guards included.
- Trading Journal for Prop Firm Challenges (Free)
- Track every prop firm challenge trade with a free journal, real-time P&L, daily loss limits and drawdown guards, on 131 prop firms. No journal subscription.
Build, test and automate
- Free Grid Bot & DCA Bot, Runs 24/7
- Build grid and DCA bots for crypto, forex and more, backtest them free and run them 24/7 on AlgoBars servers. No monthly bot subscription, no VPS.
- TradingView Alerts to MT5, MT4 & 334 Brokers
- Send TradingView alerts to MT4, MT5, cTrader and 334 brokers and have them executed automatically, 24/7, with no bridge subscription and no VPS.
- Trade Copier: Copy Trades Between Your Accounts
- Copy trades from one account to your other live and demo accounts, across brokers, with your own size and risk rules. Runs 24/7 on AlgoBars, no VPS.
- Free Crypto Trading Bot, Runs 24/7 Without a VPS
- Build or import a crypto trading bot for free and run it 24/7 on AlgoBars servers. Trade Bitcoin, Ethereum, Solana, XRP and more. Pay with crypto too.
- Free Walk-Forward Analysis & Optimization
- Optimize a strategy, then walk-forward test it on data it never saw, free. Avoid curve-fitting with honest, no-look-ahead backtests on AlgoBars.
- Turn Any Indicator Into a Trading Strategy (Free)
- Turn an indicator signal into an automated strategy with entries, exits and risk rules, then backtest and run it 24/7. 100+ indicators, free on AlgoBars.
- Run Trading Bots 24/7 Without a VPS (Free)
- AlgoBars runs your trading strategies on its own servers 24/7, even when your computer is off or you are logged out. No VPS to rent, set up or restart.
- Convert Pine Script to MQL5, Python & More Free
- Convert Pine Script, MQL4, MQL5, NinjaScript, cTrader cBots, EasyLanguage, thinkScript, Python, JavaScript and JSON strategies for free. Every converted line is marked, then backtest and run it.
- Free Backtesting Software, Unlimited Backtests
- Free, unlimited backtesting with no look-ahead, next-bar fills, broker-true spreads and 10+ years of data. Import Pine Script or MQL and test as often as you like.
- Build a Trading Bot With AI, No Coding
- Describe your strategy in plain English and AlgoBars AI writes the rules, backtests them and runs the bot live on integrated brokers. Every script is checked first.
- Backtesting Without Look-Ahead Bias, Reproducible
- AlgoBars backtests never use future data, fill on the next bar and give the same result every run. Sandboxed execution and auditable books for professional desks.
- Automate MT5 Trading Without Coding
- Automate MetaTrader 5 with no code: describe or build your strategy, backtest it free and run it on your MT5 account 24/7 on AlgoBars servers, with no VPS.
Earn with AlgoBars
- Sell Your Custom Trading Indicators
- Build a custom indicator in AlgoBarsX and sell it on the AlgoBars marketplace, with ratings, featured listings and payouts in cash or crypto.
- Sell Your Trading Strategy & Earn Monthly
- List your strategy on the AlgoBars marketplace or let traders copy it, and earn recurring income with payouts in cash or crypto. Free to start on any account.
- Free Copy Trading, PAMM & MAM Accounts
- Copy verified strategies with your own risk limits, or run PAMM and MAM accounts. Unlimited copy trades, one control room to pause or resize. Free to use.
- Earn From Copy Trading Followers
- Get paid every month by the traders who copy you. Earnings split correctly across brokers, payouts in cash or crypto, and a dashboard showing every source.
- Trading Affiliate Program, 50% Recurring
- Earn 50% of what the traders you refer spend on trading, copy trading and AI tools, paid daily, plus tier-2 commissions. Free to join.
For brokers, prop firms and academies
- IB & Affiliate Management Software for Brokers
- Manage introducing brokers and affiliates with multi-level commissions, per-broker rates, daily payouts and a CRM, built into the AlgoBars platform.
- Options Trading Automation: Custom Solutions
- Automated options trading is available from AlgoBars as a custom solution, by inquiry. Tell us your strategy, markets and broker and we will scope it with you.
- Prop Firm Platform, White-Label: Challenges & Payouts
- A complete white-label prop firm platform: evaluation challenges, automatic rule monitoring, funded accounts and payouts on your brand. $0 setup, CRM included, live in 24 hours.
- How to Start a Prop Firm in 2026: Step by Step
- A plain guide to starting a prop trading firm: business model, rules, platform, payouts and risk. AlgoBars runs the whole prop firm on your brand, with $0 setup.
- White-Label Brokerage Platform: $0 Setup, Live in 24h
- Launch a branded trading platform for your brokerage or prop firm with $0 setup, no revenue share and 100% of your markup. Live in under 24 hours.
- White-Label Trading Academy Platform, $0 Setup
- Give your trading academy its own branded platform: charts, no-code strategy builder, backtesting, paper trading and a trade journal. $0 setup, you set the price.
- How to Start a Forex Brokerage in 2026
- A plain guide to starting a forex or CFD brokerage: licence, liquidity, payments and a white-label trading platform. AlgoBars covers the platform for $0 setup.
- Copy Trading & PAMM Software for Brokers
- Give your clients copy trading, PAMM and MAM under your own brand, with earnings split across brokers and a full back office. $0 setup, live in under 24 hours.
- White-Label Trading App for iOS & Android
- Launch a branded trading app for iOS, Android, web and desktop with your logo, colours and domain. $0 setup, no revenue share, live in under 24 hours.
- Forex CRM With a Built-In Trading Platform
- A forex CRM that comes with the trading platform: clients, KYC, affiliates, copy trading and audit logs in one back office, under your brand. $0 setup.
More from AlgoBars.
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Free to explore. Talk to us 24/7 at +1 855-889-6969.
Every feature, free. No card. No catch. · AI at compute cost only · Trading involves risk
