Get Premium Strategy Ideas & Pro Reporting

Browse more than 400 attractive trading systems together with hundreds of related academic papers

Welcome to the definitive online resource for backtesting software, the vital tool for fine-tuning and validating your quantitative trading strategies.

We understand the value of a reliable backtester in developing quantitative investment strategies, and our goal is to provide you with a comprehensive list of the world’s leading quant software solutions to ensure that your strategies are statistically sound and ready for real-world market conditions.

Our list of backtesting software providers is the most comprehensive on the internet, featuring a diverse range of quant tools that cater to various trading styles, market conditions, and risk tolerances. Whether you’re a seasoned trader aiming to refine your existing strategies, or a novice just starting your journey into the world of quantitative trading, we have meticulously curated and thoroughly reviewed each software solution to aid your decision-making process.


Alpha Architect

Alpha Architect provides interesting Web-based backtesting tools, Factor backtests, Stock/Fund Screeners and Portfolio architect. Analyze and visualize many useful features for systematic strategies.

What Alpha Architect offers?

  • Simple to use, asset allocation strategies, data since 1992
  • Time series momentum and moving average strategies on ETFs
  • Simple Momentum and Simple Value stock-picking strategies
  • Index information, Stock/Fund Screener, Visual Value Factors, Factors Backtests, Portfolio Architect

What is the price of Alpha Architect?

Currently free, some parts are available for clients only.


StrategyQuant is a modern, easy-to-use, and fully customizable Machine Learning strategy builder, backtester, optimizer, and robustness tester. StrategyQuant offers a full solution for Algo trading strategy testing, validation, and optimization.

What StrategyQuant offers?

  • Build, re-test, improve, and optimize Quant trading strategies
  • Walk-forward optimizer and cluster analysis tools
  • Automatic overfitting tests and Monte Carlo analysis
  • Multi-timeframe and Multi-market backtester
  • More than 40 indicators, price patterns, etc.
  • Free historical tick data
  • Point & click interface, no programming skills needed

What is the price of StrategyQuant?

StrategyQuant Discount

10% StrategyQuant Promo code: QUANTPEDIA10


Allocate Smartly

Allocate Smartly tracks dozens of Tactical Asset Allocation strategies, sourced from books, academic papers, and other publications. Subscribers can analyze each strategy with up-to-date backtests. 

What Allocate Smartly offers?

  • Tracks the industry’s best Tactical Asset Allocation strategies, with thorough, up-to-date backtests
  • Quantitative and systematic, well-defined mathematical rules governing exactly when and what to trade
  • Members can combine multiple strategies with the click of a button to create their own custom Model Portfolios.
  • Members can follow their Model Portfolios in near real-time, and receive notifications when a change is likely to occur today.
  • Strategy Screener, Optimized Model portfolios, Tax analysis, Portfolio Tranching, and more

What is the price of Allocate Smartly?


Portfolio123 is a legendary bias-free stock picking backtester. Portfolio123 uses Factset’s and Compustat’s point-in-time stock database which ensures no survivorship or any other bias. You can test virtually any stock picking strategy in Portfolio123. This tool is a must for any beginning or advanced stock investor.

What Portfolio123 offers?

  • Screener for Global Stocks & ETFs (daily)
  • Point-in-time price and fundamental data since 1999
  • Long/short strategies, price/fundamental driven signals
  • Multi-factor ranking, investing, rolling tests and optimizer
  • Multi-strategy tester and simulator

What is the price of Portfolio123?

Portfolio123 Discount

5% Portfolio123 Promo code: QUANTPEDIA5



Orats is basically an all-in-one Option Backtesting and data provider, since 2001. Orats has recently introduced one of the most innovative and modern Option Backtesters, called Wheel. Orats also offers high-quality historical option quotes and API.

What Orats offers?

Wheel Backtester:

  • Full options package for backtesting, scanning, trading, and risk analysis of options.
  • Test your strategies before trading them in the market.
  • Tweak your criteria, like delta and days to expiration and hundreds more triggers.
  • The Backtester simulates an option strategy using daily data back to 2007.
  • Backtester samples, instructions, videos, and tutorials are available.

Historical Option Quotes:

  • Historical near end-of-day quotes back to 2007 via FTP 
  • Live 1-minute snapshots and history back to August 2020 

Options Data API:

  • Market data and historical
  • Unlimited symbols
  • 20,000 API Calls Per Month

What is the price of Orats?

Orats Discount

33% to 66% Orats Promo code automatically applies at:

finviz backtester


FinViz is an industry standard for charts and financial data visualization, as well as the technical analysis and backtesting of technical trading rules, mainly for equities. A high level of customization and an offer of real-time data is an obvious feature of FinViz.

What FinViz offers?

  • Industry-Benchmark Advanced Charting Tools
  • Backtesting of technical indicators trading strategies
  • Advanced stock screener with customizable statistics
  • Fundamental data and charts
  • Intraday, pre-market and after-market data included
  • Custom alerts

What is the price of FinViz ?


Price Action Lab

Price Action Lab is a great tool for building new quantitative strategies. Its Deep Learning Price Action Lab engine is designed to both identify price action anomalies and then build strategies around them and backtest them properly.

What Price Action Lab offers?

Demo-version are available here:


  • Quantitative scanner of price action anomalies used by quant discretionary traders.
  • Identifies parameter-less strategies.
  • Robustness test validations.
  • For discretionary traders who like to scan many securities each day for price action anomalies and also like to make the final decisions instead of following a system.


  • Directional and long-short strategy builder and backtester.
  • Identifies long and short candidates by unsupervised learning from price action.
  • Securities ranking by measuring directional bias.
  • Supports API strategy execution.
  • Useful for both systematic and discretionary equity long/short trading but also directional trading in other markets.


  • Identifies and tests for Short-Term Price Action Anomalies with user-defined risk/reward parameters.
  • For systematic quant trading strategy developers who follow systematic signals in all timeframes
  • Automatically generates code for strategies. No programming necessary.

What is the price of Price Action Lab?

Price Action Lab Discount

20% Price Action Lab Promo code: please email to get the 20% PAL discount.


Deltix is a institutional-class data management / backtesting / strategy deployment solution

What Deltix offer

  • Equities, options, futures, currencies, baskets and custom synthetic instruments are supported
  • Multiple low latency data feeds supported (processing speeds in Millions of messages per second on terabytes of data)
  • C# and .Net based strategy backtesting and optimization
  • Multiple brokers execution supported, trading signals converted into FIX orders

What is the price of Deltix?


Quant Connect

Quant Connect is a Web-based backtesting tool API for research, backtesting, and live trading on the world’s leading algorithmic trading platform.

What Quant Connect offers?

  • A Browser Based IDE, with Terabytes of Free Financial Data – 9 supported asset classes including Equities, Futures, Options, Forex, CFD, and Crypto
  • Execute on one of the 12 supported brokerages or by paper trading
  • More than $13B volume traded since 2015
  • More than 100,000 live algorithms hosted
  • Supporting & Interactive Brokers for live trading

What is the price of Quant Connect?

Central Limit Technologies

Strategy Architect allows you to build institutional-grade multi-strategy portfolios in the cloud.

What Strategy Architect offers?

  • No coding required: Create CTA, Risk-Parity, Volatility, Event-Driven, and ESG strategies without having to write code and clean data.
  • Strategy analysis tool: Find potential issues and reduce overfitting with our patented analysis tool.
  • Risk management: Manage risk at the instrument, sector, and portfolio levels.
  • Trading signals generation: connect to your order management system, or receive signals via email, FTP, or API.

What is the price of Strategy Architect?

  • Currently, it is available only to financial institutions and family offices. Contact for more details.



TradeStation is a dedicated software platform integrated with Tradestation’s data for backtesting and auto-trading.

What TradeStation offers?

20+ Years of Historical Market Data for Equities, Forex, Crypto and Options:

  • Daily & intraday data (us stocks for 43+years, futures for 61+ years)
  • Practical for backtesting price based signals (technical analysis), support for EasyLanguage programming language
  • Supporting US stocks & ETFs, futures, US indexes, German stocks, German indexes, forex

What is the price of TradeStation Data?

  • free for Tradestation brokerage clients
  • $249.95 monthly for non-professionals (Tradestation software platform only, without brokerage)
  • $299.95 monthly for professionals (Tradestation software platform only, without brokerage)


Amibroker is a software application ready-made for backtesting and automated trading operations.

What Amibroker offers?

  • Supporting daily/intraday strategies, portfolio level testing and optimization, charting, visualization, custom reporting, multi-threaded analysis, 3D charting, WFA analysis etc.
  • Best for backtesting price-based signals (technical analysis)
  • Direct link to eSignal, Interactive Brokers, IQFeed, myTrack, FastTrack, QP2, TC2000, any DDE compliant feed, MS, txtfiles and more (Yahoo Finance …)

What is the price of Amibroker?

  • one-time fee $279 for the Standard edition or $339 for the Professional edition


WealthLab is a specialized software system for retrospective testing and autonomous trading.

What WealthLab offers?

  • Supporting daily/intraday strategies, portfolio level testing and optimization – best for backtesting price-based signals (technical analysis), C# scripting – software extensions supported – data feeds handling, strategy execution etc.

What is the price of WealthLab?

  • $399 per license, $150 yearly fee after

Trading Blox

Trading Blox is a specialized software platform for backtesting and auto-trading.

What Trading Blox offers?

  • Best for backtesting price based signals (technical analysis), supporting daily/intraday strategies, portfolio level testing and optimization
  • Turtle Edition – backtesting engine, graphs, reports, EoD testing
  • Professional Edition – plus system editor, walk forward analysis, intraday strategies, multi-threaded testing etc.
  • Pro Plus Edition – plus 3D surface charts, scripting etc.
  • Builder Edition – IB API, debugger etc.

What is the price of Trading Blox?

  • Turtle Edition $990
  • Professional Edition $1,990
  • Pro Plus Edition $2,990
  • Builder Edition $3,990


NinjaTrader is a versatile tool that empowers you to backtest your own quantitative trading strategies using historical data, as well as run various simulations and scenarios to predict future trading outcomes.

What NinjaTrader offers?

  • Supporting daily/intraday strategies, portfolio level testing and optimization, charting, visualization, custom reporting etc.
  • Best for backtesting price based signals (technical analysis)
  • Direct link to Interactive Brokers, TD Ameritrade, FOREX.COM and others
  • Data from text files, eSignal, Google Finance, Yahoo finance, IQFeed and others

What is the price of NinjaTrader?

  • basic functionality (EoD functionality) – free
  • advanced functionality – from $0 to $99 / month or $1,499 lifetime license

Factor Research

Factor Research – Focus on Factor Investing in Global Equities

What Factor Research offers?

  • Analyse factor performance across US, European and Asian markets
  • Combine factors & build multi-factor portfolios on a web-based backtesting platform
  • Get daily or weekly portfolio updates via email and download stocks for execution

What is the price of Factor Research?

  • basic package is $99 per month, premium $249 per month.



BacktestMarket – AlgoGen Strategy Builder:

What BacktestMarket offers?

  • Provides many years of intraday and end of day historical data.
  • Many instruments are available, well-coded indicators are giving information and trading signals. Any indicator is customizable to fit customer needs.
  • All trading strategies provided are lead by probability tests.

What is the price of BacktestMarket?

BacktestMarket Discount

  • Quantpedia’s Exclusive Offer – Use Backtest Market promo code QUANTPEDIA15 to subscribe with a 15% discount.
  • From free indicators to $36 per indicator



eSignal is a comprehensive solution that enables you to implement your own quantitative trading strategies, backtest them using historical data, and simulate diverse market scenarios.

What eSignal offers?

  • Supporting daily/intraday strategies, portfolio level testing and optimization
  • Best for backtesting price based signals (technical analysis)
  • Build-in data for equities, futures and forex (daily US stocks from 1990, daily futures 31+ years, forex from 1983 etc.)

What is the price of eSignal?

  • pricing from $45 / month to $295 / month (prices depends on data availability)


MetaTrader equipped with a user-friendly interface allows you to evaluate your quantitative trading strategies against historical data:

What MetaTrader offers?

  • Uses MQL4 language, used mainly to trade forex market
  • Supports multiple forex brokers and data feeds
  • Supports managing of multiple accounts

What is the price of MetaTrader?

  • free


Genovest: web based screener / backtester / charting / alert tools.

What GENOVEST offers?

  • 10 years daily financial and price data for US stocks and ETF’s
  • Supports technical/fundamental indicators, custom formulas
  • Fundamental alerts can be set up straight from a backtest or screen

What is the price of GENOVEST?

  • free – save your work, limited rules, limited history
  • $10/month – stock alerts, premade strategies, financial charts
  • $25/month – complete backtester
  • $50/month – full financial and price history



Institutional-class data management / backtesting / strategy deployment solution:

What SmartQuant offers?

  • OpenQuant – C# and VisualBasic.NET portfolio level system backtesting and trading, multi-asset, intraday level testing, optimization, WFA etc., multiple brokers and data feeds supported
  • QuantTrader – production trading environment
  • QuantBase – centralized data management
  • QuantRouter – data and order routing

What is the price of SmartQuant?


QuantFACTORY – Institutional-class data management / backtesting / strategy deployment solution:

What QuantHouse offers?

  • QuantDEVELOPER – framework and IDE for trading strategies development, debugging, backtesting and optimization, available as a Visual Studio plug-in
  • QuantDATACENTER – allows to manage a historical data warehouse and capture real-time or ultra low latency market data from providers and exchanges
  • QuantENGINE – allows to deploy and execute precompiled strategies

What is the price of QuantHouse?


MultiCharts is a complete trading software platform for professionals:

What MULTICHARTS offers?

  • It offers considerable benefits to traders, and provides significant advantages over competing platforms.
  • It comes with high definition charting, support for 20+ data feeds and 10+ brokers, dynamic portfolio-level strategy backtesting, EasyLanguage support, interactive performance reporting, genetic optimization, market scanner, data replay, and 300+ strategies and indicators.
  • MultiCharts has received many positive reviews and awards over the years, praising its flexibility, powerful features, and great support.
  • Try the 30 day free trial now!

What is the price of MULTICHARTS?

  • 30 days demo – for free
  • 3 months license – $297; 6 months licence – $497; 12 months license – $797
  • MultiCharts lifetime $1,497


Web based backtesting tool:

What QUANTIACS offers?

  • Up to 25 years data for 49 Futures and S&P500 stocks
  • Toolbox in Python and Matlab
  • Hosts algorithmic trading competitions with investments ranging from 500k to 1 million $

What is the price of QUANTIACS?

  • currently free

Backtest Broker

Backtest Broker offers powerful, simple web-based backtesting software:

What Backtest Broker offers?

  • Backtest in two clicks
  • Browse the strategy library, or build and optimize your strategy
  • Paper trading, automated trading, and real-time emails

What is the price of Backtest Broker?

  • $1 per backtest and less


EQUITIES LAB – Analyze, Build, and Use Alpha-Generating Strategies:

What EQUITIES LAB offers?

  • Quantitative Stock Screener and Backtester
  • 18,000 stocks covering the last 20 years, data comes from Morningstar, with macroeconomic data from Quandl
  • Built-in formula and function editor

What is the price of EQUITIES LAB?

  • Basic Member – $35/Month
  • Charter Member – $50/Month
  • Professional – $100/Month



Institutional grade algorithmic trading platform for backtesting and automated trading:

What Tickblaze offers?

  • Supports backtesting of multiple trading strategies in a single unified portfolio.
  • Supports dozens of intraday and daily bar types.
  • Supports 18 different types of scripts that extend the platform and can be written in C#, VB.NET, F# and R.NET.
  • Supports a Connectivity SDK which can be used to connect the platform to any data or brokerage provider.

What is the price of Tickblaze?

  • Professional Edition – $99/Month
  • Enterprise Edition – $299/Month


ALGO Trader

Institutional-class data management / backtesting / strategy deployment solution:

What ALGO Trader offers?

  • Multi-asset solution (forex, options, futures, stocks, ETF’s, commodities, synthetic instruments and custom derivative spreads etc.), multiple data feeds supported
  • Framework for trading strategies development, debugging, backtesting and optimization
  • Multiple brokers execution supported, trading signals converted into FIX orders (IB, JPMorgan, FXCM etc.)

What is the price of ALGO Trader?


Free commodity and spread charts:

What SPREAD CHARTS offers?

  • Composite commitments of traders (COT)
  • Long-term historical data
  • Volume & open interest indicator
  • Term structure visualization
  • Visualization of hedgers and speculators

What is the price of SPREAD CHARTS?

  • free


Deep Learning Price Action Lab:

What DLPAL offers?

  • DLPAL software solutions have evolved from the first application developed 18 years ago for automatically identifying strategies in historical data that fulfill user-defined risk and reward parameters and also generating code for a variety of backtesting platforms.
  • DLPAL S discovers automatically systematic trading strategies in any timeframe based on parameter-less price action anomalies. Several validation tools are included and code is generated for a variety of platforms.
  • DLPAL DQ is an end-of-day scanner for discretionary traders. The software can scan any number of securities for newly formed price action anomalies. Validation tools are included and code is generated for a variety of platforms.
  • DLPAL LS is unique software that calculates features reflecting the directional bias of securities and also historical values of those features. The software is used by hedge funds for the development of directional and long/short trading strategies based on fixed algos or machine learning using generated train and score files. The results of this software cannot be replicated easily by competition.

What is the price of DLPAL?

  • Quantpedia’s exclusive partnership with Price Action Lab offers our readers a 25% Price Action Lab coupon code on all products.
  • Please email to claim the 25% discount.


Web-Based Tool:

What Financhill offers?

  • Free Stock Ratings, Seasonal Analysis, Charts & Fundamentals

What is the price of Financhill?

  • Free + Freemium model


Free software environment for statistical computing and graphics, a lot of quants prefer to use it for its exceptional open architecture and flexibility:

What R offers?

  • effective data handling and storage facility, graphical facilities for data analysis, easily extended via packages
  • recommended extensions – quantstrat, Rmetrics, quantmod, quantlib, PerformanceAnalytics, TTR, portfolio, portfolioSim, backtest, etc.

What is the price of R?

  • free


MATLAB – High-level language and interactive environment for statistical computing and graphics:

What MATLAB offers?

  • parallel and GPU computing, backtesting and optimization, extensive possibilities of integration etc.

What is the price of MATLAB?

  • price on request

BacktestingXL Pro

BacktestingXL Pro is an add-in for building and testing your trading strategies in Microsoft Excel 2010 and 2013:

What BacktestingXL Pro offers?

  • users can use VBA to build strategies for BacktestingXL Pro, VBA knowledge is optional, users can construct trading rules on a spreadsheet using standard pre-made backtesting codes
  • supports pyramiding, short/long position limiting, commission calculation, equity tracking, out-of-money controlling, buy/sell price customizing
  • multiple performance/risk reports

What is the price of BacktestingXL Pro?

  • $74.95 for BacktestingXL Pro


Free open source programming language, open architecture, flexible, easily extended via packages:

What Python offers?

  • recommended extensions – pandas (Python Data Analysis Library), pyalgotrade (Python Algorithmic Trading Library), Zipline, ultrafinance etc.

What is the price of Python?

  • free


S#.Designer – free designer of trading strategies.:

What S# offers?

  • The intuitive interface. Strategies “programming” by mouse or in C#.
  • Built-in back tester and trade connections to all markets (including US, Asian, stocks, futures, options, Bitcoins, Forex, etc.)
  • “Visual” programming
  • Backtesting and optimization
  • C# language as optional

What is the price of S#?

  • free


Web-based backtesting tool:

What ETFreplay offers?

  • simple to use, entry-level web-based backtesting tool to test relative strength and moving average strategies on ETFs

What is the price of ETFreplay?

  • several types of strategies for free, complete backtesting functionality $34,99 monthly

Jamie Gritton’s MI Backtester

Free web based backtesting tool to test stock picking strategies:

What Jamie Gritton’s MI Backtester offers?

  • US stocks, data from ValueLine from 1986-2014
  • price and fundamental data, 1700 stocks, monthly granularity test

What is the price of Jamie Gritton’s MI Backtester?

  • free


Web-Based Advanced Statistical backtesting without Programming Requirement:

What kuants offers?

  • 1-minute level data stream for Equity and Futures
  • Strategies ranging from simple technical indicators to complex statistical functions can be easily tested and live traded
  • Share and earn on profitable trading strategies through marketplace
  • Over 40+ pre-developed Algorithms available on different sets of indicators, and statistical functions
  • Live Trading Integration Available at a click

What is the price of kuants?

  • free

Trading System Lab

Trading System Lab – Dedicated software platform using Machine Learning for automated trading algorithm design:

What Trading System Lab offers?

  • Automatically generates trading strategies and writes code in a variety of languages using ML
  • Tests Out of Sample during the design run. Produces the Wilcoxon test statistic
  • LAIMGP offers extremely high-speed evolutionary computing at the machine level
  • DAS™ allows for intra-run design parameter adjustments allowing real time adjustments evaluation
  • EVORUN™ allows for evaluation of different preprocessors, trade types and fitness functions
  • Hyperthreaded and multi-instance allowing dozens of simultaneous running engines.

What is the price of Trading System Lab?

Spikeet Features:

What Spikeet offers?

  • Evaluate your Trading Strategies – We are able to generate a performance report / backtest your trading strategies
  • 22+ Years of historical data.
  • Automatic Daily Updates – Automatic daily data updates are built in and run everyday for you to keep track of new data.
  • No Coding Required – You don’t have to learn how to code to use our platform, you get the data in spreadsheets.
  • All Data-Sets – Technicals, fundamentals, SEC filings, technical indicators, earnings, corporate actions, splits, etc’.
  • Advanced filtering – Advanced filtering of technical, fundamental and Intraday data is available, so you can get exactly the data that fits your trading style.

What is the price of Spikeet?

  • Personal/Retail:
  • Monthly subscription model with a free tier option. paid packages are $79, $149 and $189 per month
  • Institutions/Funds:
  • Contact for Custom requests, pricing and strategy analysis



What TheWOLFLINE offers?

  • The world’s only pure quantitative analytics platform for sports markets
  • Globally patented technology/products
  • Customizable pattern recognition screeners/e-mail alerts
  • Virtual currency module
  • Easy to use interface for price (“spread”), volatility (“totals”) and probability Delta % (“moneyline”)

What is the price of TheWOLFLINE?

  • 1 week trial, then 30$/month


InvestiQuant – Web-based edge discovery and intraday decision support platform:

What InvestiQuant offers?

  • Code-free: 100% interactive for rapid backtesting and real-time market analysis
  • Intraday: Focused on intraday and short term strategies
  • Intuitive: Powerful point and click interface produces results instantly
  • Time-saving libraries: 1,000’s of pre-coded filters and market biases
  • Market Profile®: Many precoded patterns using market profiles for you to test
  • Strategy and alert-management: Manage your custom library of strategies and alerts
  • Cloud-based: No software to download or maintain

What is the price of InvestiQuant?

Inforider Terminal

What Inforider Terminal offers?

  • Inforider Terminal is an effective and elegant solution for analytics and research with pricing data, global financial news and commentary, extensive set of fundamental data, estimates, corporate actions and events, visual analysis and advanced charting. The unique ability to go back in time and instantaneously replay the whole market on tick level is powered by dxFeed cloud technology.

What is the price of Inforider Terminal?


TradingSim – trading simulator:

What TradingSim offers?

  • An educational tool made for rookies and experts
  • Any Trading Day from the last 2 years can be replayed without risking a single penny

What is the price of TradingSim?

  • free 7-day trial
  • $25 – $79 Monthly



Dedicated software platform for backtesting and auto-trading:

What seer offers?

  • Portfolio level system backtesting and trading, multi-asset, intraday level testing, optimization, visualization etc.
  • Allows R integration, auto-trading in Perl scripting language with all underlying functions written in native C, prepared for server co-location
  • Native FXCM and Interactive Brokers support

What is the price of seer?


Deriscope™ is an application specializing in financial derivatives valuation.:

What Deriscope™ offers?

  • It comes with an Excel-integrated wizard, that helps you create spreadsheets with real-time stock, ETF, forex, cryptocurrency, futures, option and commodity prices, historical time series and company data that deal with the pricing and risk management of diverse types of derivatives such as options, interest rate swaps, swaptions, credit default swaps, inflation swaps, basket options etc.
  • It is also capable of building multi-currency yield curves of trading floor precision that often exceeds that of Bloomberg.
  • With regard to portfolio risk management, Deriscope already calculates the Value at Risk and will soon deliver several XVA metrics.
  • Finally, if integration with a company’s other processing systems is desired, Deriscope may be accessed without Excel’s intervention through xml-based data exchange.

What is the price of Deriscope™?

  • variable
  • $9.50 – $219 Monthly
  • $105 – $2 408 Annually


GetVolatility – fast and flexible options backtesting:

What GetVolatility offers?

  • Discover your next options trade.
  • Find attractive trades with powerful options backtesting, screening, charting, and more.
  • Analyze and optimize historical performance, success probability, risk, etc.
  • Backtest most options trades over fifteen years of data.
  • Supports virtually any options strategy across U.S. stocks, global currencies, and commodities markets

What is the price of GetVolatility?

  • free 5 day trial
  • $29 – $39 Monthly


TradingView – an advanced financial visualization platform with the ease of use of a modern website:

What TradingView offers?

  • Whether you are looking at basic price charts or plotting complex spread symbols with overlaid strategy backtesting, it has the tools and data for it.
  • TradingView is an active social network for traders and investors.
  • Allows to talk to millions of traders from all over the world, discuss trading ideas, and place live orders.
  • Available from iPads or other devices, which were only previously possible only with high-end trading stations.

What is the price of TradingView?

  • free trial
  • $14.95 – $59.95 Monthly
  • $155.40 – $599.40 Annually


BetterTrader online trading tool:

What BetterTrader offers?

  • Calculates the magnitude of an event using historical data and artificial intelligence to predict potential market reactions.
  • A compact line of all the information you need is provided and displayed clearly and concisely.
  • Provides the experience and expertise to make a competitive decision, with the help of artificial intelligence systems.

What is the price of BetterTrader?

  • Free 7 day trial
  • $49 – $129 Monthly
  • $468 – $828 Annually

Sierra Chart

Sierra Chart trading platform:

What Sierra Chart offers?

  • Sierra Chart supports Live and Simulated trading. Both manual and automated trading is supported.
  • Sierra Chart is a complete Real-time and Historical, Charting and Technical Analysis platform with very powerful analytics for the financial markets.
  • Sierra Chart provides optional high-quality direct Real-Time Exchange Market Data Feeds covering US, Europe, Asia, Canada Futures exchanges, and US, Europe, Canada Stock exchanges, and US Cash Indices.
  • Sierra Chart directly provides Historical Daily and detailed Intraday data for stocks, forex, futures and indexes without having to use an external service.
  • Sierra Chart supports many external Data and Trading services providing complete real-time and historical data and trading access to global futures, stocks, indexes, forex and options markets. All of the major Data services and Trading backends are supported.

What is the price of Sierra Chart?

  • $26 – $36 Monthly
  • $218.40 – $302.40 Annually

Stock Strategy Test

Affordable Support of Your Trading Ambitions:

What Stock Strategy Test offers?

  • Detailed trading strategy test report (PDF) which includes:
  • Sharpe ratio, Total return, Number of trades, Number of long trades, Number of short trades, Number of winning trades, Number of losing trades, Average trade duration, Average number of trades per day, Maximum drawdown, Maximum intraday gain, Maximum Intraday loss

What is the price of Stock Strategy Test?

streak tech


StreakTM allows planing and managing trades without coding on the go:

What StreakTM offers?

  • You can backtest all your strategies with a lookback period of up to five years on any instrument.
  • With Streak’s cloud-based technology, you can access all your strategies anytime, anywhere.
  • Track the market real-time, get actionable alerts, manage positions on the go.

What is the price of StreakTM?

  • Free 7 day trial
  • $6.67 – $18.67 Monthly
  • $56.04 – $156.84 Annually



What StockMock offers?

  • Backtesting lets you look at your strategies on chronicled information to decide how well it would have worked within the past. In case you’ve got created a technique with which you’re prepared to go live, the Backtesting highlight will assist you in getting it in the event that your strategies are reasonable and possibly effective.

What is the price of StockMock?


A cloud-hosted Python-based analytics platform for quantitative multi-asset research and investment:

What SigTech offers?

  • Powered by a backtesting engine that accurately models the whole trade life cycle at instrument level.
  • Provides clean, curated, multi-asset class data: equities, FX, rates, commodities and volatility.
  • Platform has automated execution for trading strategies with real-time feedback.
  • Provides customisable building blocks to reduce time to market.

What is the price of SigTech?


Web-based backtesting tool:

What Tradologics offers?

  • Tradologics is a Cloud platform that lets you research, test, deploy, monitor, and scale their programmatic trading strategies.
  • Offers numerous tools and services aimed to solve every part of the trader’s business cycle.
  • Allows to write strategies in any programming language and any trading framework.
  • Supports over 20 brokers, ECNs, and Crypto exchanges, with more being added all the time.
  • The same goes for trading tools and frameworks.
  • Access historical and real-time market data for Stocks and ETFs from over 60 global exchanges – as well as Forex & Cryptocurrency from multiple exchanges.

What is the price of Tradologics?



Strategy Backtesting:

What CloudQuant offers?

  • White Paper with Corresponding CloudQuant Source Code
  • Write sophisticated algorithmic trading strategies in Python.
  • Replay years of US equities trading utilizing high resolution tick-level data.
  • Users’ python code can interact with any market event- trades, news, halts, altdata, order handling, account handling, and many more.
  • Stats are automatically generated for every backtest and detailed statistical reports available on demand.
  • Users data storage area allows incorporation of own data into algorithms on CQ Mariner.
  • Enables users to efficiently test drive Alternative Data into their investing blueprint.

What is the price of CloudQuant?


QuantRocket is a Python-based platform for researching, backtesting, and deploying quantitative trading strategies:

What QuantRocket offers?

  • equities, futures, FX, and options
  • US and global market and fundamental data from multiple data providers
  • end-of-day or intraday strategies
  • multiple backtesters including Zipline (an event-driven backtester) and Moonshot (a vectorized backtester)
  • multiple brokers supported, plus FIX adapter
  • runs locally or in the cloud

What is the price of QuantRocket?


Cloud based visual no-code strategy creator / editor with integrated backtesting.:

What AlgoWizard offers?

  • Quickly create your strategies without any programming necessary and backtest them on real data.

What is the price of AlgoWizard?

  • currently free


PyInvesting allows you to backtest your investment strategy without writing a single line of code:

What PyInvesting offers?

  • Simply fill in a form specifying your backtest details
  • Create signals using both technical and fundamental data from 2006 onwards
  • Backtest your preferred investment strategy (Relative Strength, Fundamentals, Moving Average and Strategic Allocation)
  • Performance analysis is a breeze with our clean and beautiful user interface
  • Extensive coverage of instruments (stocks, ETFs, FX and Crypto) across multiple exchanges
  • Allows you to go live and profit from your investment strategy where you will receive daily email updates about any live orders.

What is the price of PyInvesting?

  • Premium:
  • 30 day free trial
  • $15 per month
  • Run unlimited backtests
  • Backtest positions and performance in real time
  • Go live and profit from your investment strategy
  • Starter:
  • Free for you to try
  • Maximum 3 backtests per day
  • Backtest positions and performance data delayed by a year
  • Only for research with no option to go live with your investment strategy


A cloud-based platform for investing research, strategy backtest and live trading.:

What Blueshift offers?

  • Fully flexible, asset class or trading style agnostic, institutional grade
  • Simple APIs- develop strategies in Python, or use our visual programming interface
  • Equities and FX minute-level data for more than 10 years for backtesting
  • A large (and growing) repository of sample strategies

What is the price of Blueshift?

  • Currently free



Cloud-based research platform for quantitative investment strategies:

What Alphien offers?

  • We connect data scientists with investment managers.
  • Thousands of quantitative researchers can build strategies, gain valuable experience and compete in the largest global online competitions to find the best finance solutions for our sponsors, get their strategies licensed and earn fees.
  • Investment managers can set up competitions, transform ideas into implementable solutions and explore investable indices to match their investment needs.

What is the price of Alphien?



TradersToy’s Stock Market Replay is a free tool that allows you to replay any ticker on the Nasdaq down to 1 minute resolution. Control the charts just like you would a VCR – with rewind, pause, play and fast forward buttons. You can also simulate trades by opening or shorting a stock and watch your P&L change in real-time.

What is the price of Traderstoys?

  • free



Zorro – Automated Financial Trading Tool:

What Zorro offers?

  • Zorro is a free tool for executing financial algorithms.
  • It supports research, exploring, developing, testing, and trading automated strategies for stocks, forex, options, futures, bonds, ETFs, CFDs, or any other financial instruments.
  • It can run either as a stand-alone system with direct broker/market connection, or as an attachment to a trading platform that is used for connecting to the broker.

What is the price of Zorro?

  • free

xlbroadcaster connects the dots between Quants & APIs & Excel users:

What offers?

  • Quants
  • Stop wasting time supporting non techy colleagues with VBA macros.
  • Share and open the power of your code to all from your preferred programing language (Python, R, C++,Rust, Matlab….)
  • Enjoy a zero deployment & versioning environment that will boost your team efficiency.
  • APIs providers
  • Make your data accessible to all in a flexible way even to non-technical people via Excel.
  • Your data is available in the most user friendly and simple possible way.
  • Excel users
  • Consume APIs data and augment your spreadsheets with zero lines of code.
  • Leverage code and functions from outside Excel without Quants’ support.

What is the price of

  • Monthly subscription: 10 EUR/month, 30 days trial period without credit card needed, then 10 EUR monthly paid.
  • Yearly subscription: 99 EUR/year, 30 days trial period without credit card needed, then 99 EUR yearly paid.


Statmetrics – Mobile App Solution for Portfolio Analytics and Investment Research:

What Statmetrics offers?

  • Access to global market data and news, market screener, calendar for economic events and company earnings reports, integrated rss-feed reader, high-performance charting and technical analysis.
  • Support for portfolio construction and backtesting, quantitative performance and risk analysis of the portfolio and its components. Visualization of risk metrics and the efficient frontier. Calculation of investment risk indicators and analysis of stress events, drawdowns and value-at-risk. Valuation of sector allocation, correlations and decomposition of portfolio risk. Optimization of the portfolio with predefined mean-variance strategies.
  • Analysis of fundamental and quantitative asset characteristics. Calculation of group descriptive statistics for single assets or a portfolio. Statistical visualization and hypothesis testing for unit roots and Granger causality. Correlation, cointegration, principal component and regression analysis.

What is the price of Statmetrics?

  • currently free



What InferTrade offers?

  • Easy to use webtool for rapid backtesting to find predictive relationships between different assets and signals.
  • Uses a predetermined set of Python trading rules and relationships from the infertrade open source package ( plus any user custom strategies.
  • Data can be loaded by drag-and-drop to browser as CSV, Excel or ODF file or loaded using API integrations.
  • No login required, analysis can be exported via PDF or session saved locally.

What is the price of InferTrade?

  • free webtool.
  • £6.50 per month for API access.



Guru Focus is an All-in-One Stock Screener with backtesting and following “Gurus” by 13F filings.

What GuruFocus offers?

  • Find the best stocks, follow top investors, quickly analyze businesses, and monitor your portfolio
  • 30 years of historical financials
  • 500+ filters covering valuation, fundamentals, profitability, growth, dividends
  • Real Time Insider Trading Transactions
  • USA, Europe, Asia, Canada, UK/ Ireland, Oceania, Latin America, Africa and India

What is the price of GuruFocus?



Dedicated software platform for backtesting, optimization, performance attribution and analytics:

What QONTIGO offers?

  • QONTIGO or 3rd party data
  • Factor analysis, risk modelling, market cycle analysis

What is the price of QONTIGO?



Institutional-class data management / backtesting / strategy deployment solution:

What marketcetera offers?

  • Multi-asset solution, multiple data feeds supported, database supports any type of RDBMS providing a JDBC interface, e.g. Oracle, Microsoft SQL Server, Sybase, MySQL etc.
  • Clients can use IDE to script their strategy in either Java, Ruby or Python, or they can use their own strategy IDE
  • Multiple brokers execution supported, trading signals converted into FIX orders

What is the price of marketcetera?

Build Alpha

Build Alpha was created in order to help professional traders, money managers, and institutional investors create countless robust strategies to meet their own risk criterion across asset classes:

What Build Alpha offers?

  • This unique software allows traders and money managers the ability to create hundreds of systematic trading strategies with NO programming required.
  • Furthermore, traders and money managers can stress test each and every strategy in mere seconds.
  • Everything is point and click.

What is the price of Build Alpha?

AlgoEdge Labs

AlgoEdge Labs:

What AlgoEdge Labs offers?

  • AlgoEdge Labs DBATE is a computer application providing professional environment for developing, testing, and live running successful, reliable, and consistent Trading Algorithms.
  • Full connectivity to your brokerage account, application running on your computer;
  • Create trading strategies in few minutes using an intuitive graphical user interface;
  • User friendly, no skills in programming or software development needed;
  • Automatically executes unlimited number of trading algorithms simultaneously.
  • Home Investors
  • DBATE is suitable for all types of investors. If you are familiar with technical analysis and interested in automating your trading for more robust results and more free time – DBATE is for you. This unique and powerful application provides you the ability to see green results every day, on any day.
  • Professional Traders
  • If you are a professional day trader or a swing trader or an institution and you would like to add an edge to perform better in the markets, or you need to diversify without hiring traders – you are in the right place. DBATE provides the capabilities to execute hundreds of strategies in-parallel with speed and accuracy.

What is the price of AlgoEdge Labs?

Subscribe for Newsletter

Be first to know, when we publish new content

    The Encyclopedia of Quantitative Trading Strategies

    Log in

    - bi-weekly research insights -
    - tips on new trading strategies -
    - notifications about offers & promos -