In the fast-paced world of financial trading, effective risk management is crucial for success. One powerful tool that traders rely on to mitigate risk is an integrated margin calculator. By seamlessly incorporating margin calculations into trading platforms, such as algo trading on platforms like uTrade Algos, these tools offer significant advantages for risk management. Let's explore three key ways in which an integrated margin calculator enhances risk management.
Simple & flexible algo trading charges for every kind of trader!
Start with 15 days free trial. No credit card needed. Cancel anytime.
Straightforward, no fuss
From backtesting to live deployment, different plans, different features.
Monthly Pricing
- Share India Brokerage Charges (per month)
- Live Deployment
- Symbols Available
- Concurrent Algo Deployment
- Multiplier for uTrade Originals
- uTrade Originals Available
- Create Strategies upto
Free Trial
₹ 0 +0 Brokerage
- Free
- Nifty, Bank Nifty, FinNifty
- 2
- Upto 8X
- 5
Prarambh
₹ 0 +499 Brokerage
-
₹ 499
- Nifty, Bank Nifty, FinNifty
- 3
- Upto 1X
- 0
Beginner Plan
₹ 0
+2,999 Brokerage
-
₹ 2,999
- Nifty, Bank Nifty, FinNifty
- 2
- Upto 8X
- 10
Pro Plan
₹ 0
+3,999 Brokerage
-
₹ 3,999
- Nifty, Bank Nifty, FinNifty
- 4
- Upto 8X
- 20
Wizard Plan
₹ 0 +6,499 Brokerage
-
₹ 6,499
- All
- 6
- Upto 12X
- 30
Expert Plan
₹ 0 +14,999 Brokerage
-
₹ 14,999
- All
- 10
- Upto 30X
- 50
Straightforward, no fuss
Free Trial
Monthly Pricing
- Share India Brokerage Charges (per month): Free
- Live Deployment:
- Symbols Available: Nifty, Bank Nifty, FinNifty
-
Concurrent Algo Deployment:
2 -
Multiplier for uTrade Originals:
Upto 8x -
uTrade Originals Available:
-
Create Strategies upto:
5
Prarambh
- Share India Brokerages Charges (per month): ₹ 499
- Live Deployment:
- Symbols Available: Nifty, Bank Nifty, FinNifty
-
Concurrent Algo deployment:
3 -
Maximum Multiple to be allowed:
Upto 1x -
uTrade Original Available:
-
Create Strategies upto:
0
Beginner Plan
₹ 0 +2,999 Brokerage
- Share India Brokerages Charges (per month): ₹ 2,999
- Live Deployment:
- Symbols Available: Nifty, Bank Nifty, FinNifty
-
Concurrent Algo deployment:
2 -
Maximum Multiple to be allowed:
Upto 8x -
uTrade Original Available:
-
Create Strategies upto
10
Pro Plan
₹0 +3,999 Brokerage
- Share India Brokerages Charges (per month): ₹ 3,999
- Live Deployment:
- Symbols Available: Nifty, Bank Nifty, FinNifty
-
Concurrent Algo deployment:
4 -
Maximum Multiple to be allowed:
Upto 8x -
uTrade Original Available:
-
Create Strategies upto:
20
Wizard Plan
₹0 +6,499 Brokerage
- Share India Brokerages Charges (per month): ₹ 6,499
- Live Deployment:
- Symbols Available: All
-
Concurrent Algo deployment:
6 -
Maximum Multiple to be allowed:
Upto 12x -
uTrade Original Available:
-
Create Strategies upto:
30
Expert Plan
₹0 +14,999 Brokerage
- Share India Brokerages Charges (per month): ₹ 14,999
- Live Deployment:
- Symbols Available: All
-
Concurrent Algo deployment:
10 -
Maximum Multiple to be allowed:
Upto 30x -
uTrade Original Available:
-
Create Strategies upto:
50
* Please note: Taxes and GST are applicable based on the subscriber’s place of residence.
** RM: Relationship Manager
How do I downgrade my plan to a lower plan?
To downgrade your plan:
Go to the My Profile section of the platform
Click on upgrade subscription
Under any subscription that is a lower tier than your currently active one – you’ll see a Downgrade button
Click on the downgrade button to move you to the selected plan.
Your subsequent payments from the next billing cycle will get reduced to the amount of the newly selected plan.
Note: Suppose you were on the 3000Rs. Per month plan and then downgraded to ₹1000 plan on the 10th day of the 30 day payment cycle. Your plan will be downgraded from this term’s end i.e. after the 30 days and from the next payment cycle your recurring payment would be lowered to 1000Rs/month and plan privileges would be downgraded.
How do I upgrade my plan to a higher plan?
To upgrade your plan:
Go to the My Profile section of the platform
Click on upgrade subscription
Under any subscription that is higher tier than your currently active one – you’ll see an Upgrade button
Click on the Upgrade button to move you to the selected plan.
Your subsequent payments from the next billing cycle will get increased to the amount of the newly selected plan.
Here’s how the difference amount will be managed.
If you were initially on the ₹1000 plan and used it for 15 days, but now want to upgrade to the ₹2500 plan:
The amount used in 15 days = (1000/30)x15 = ₹500.
Amount left = ₹500
Delta = 2500 – 500 = ₹2000. This amount will be charged to you as a one-time payment while upgrading your subscription.
Post payment, the subscription, and your account privileges will be upgraded in real-time.
Note- your subsequent payments would be bumped up to 2500 Rs which will be automatically deducted from your account every month.
Can I subscribe to a monthly plan using other payment option?
You can activate your subscription with utrade algos using the following payment methods:
- UPI – Simply mention your VPA (UPI ID) and accept the mandate request on your payment app
- Cards – Select ‘Stripe’ as the payment option. Enter your credit card details and complete the payment process.
Can I subscribe to a monthly plan using other payment option?
You can activate your subscription with utrade algos using the following payment methods:
- UPI – Simply mention your VPA (UPI ID) and accept the mandate request on your payment app
- Cards – Select ‘Stripe’ as the payment option. Enter your credit card details and complete the payment process.
Is algo trading free in India?
While Algo Trading has been quite expensive especially for a retail trader, uTrade Algos provides institutional grade features and a powerful algo engine at a nominal cost. Our premium plans start at just Rs. 999* thereby making algorithmic trading accessible to all.
What’s more is, you get a free 15-day trial so anyone and everyone can experience the power of algorithms. Sign up today – https://login.utradealgos.com/auth/login
Once you’ve signed up, proceed to the accounts section and access the ‘Upgrade Plan’ tab. Here, you’ll find a list of all available plans along with their respective details. Choose the plan that suits you best and effortlessly subscribe by using either UPI or any of your debit/credit cards to upgrade to the Pro Trader level!
While Algo Trading has been quite expensive especially for a retail trader, uTrade Algos provides institutional grade features and a powerful algo engine at a nominal cost. Our premium plans start at just Rs. 999* thereby making algorithmic trading accessible to all.
What’s more is, you get a free 15-day trial so anyone and everyone can experience the power of algorithms. Sign up today – https://login.utradealgos.com/auth/login
Yes, follow these steps to activate your subscription using UPI:
1. Mention your VPA (UPI ID): Provide your Virtual Payment Address (VPA) or UPI ID to uTrade Algos.
Approve the mandate: Authorize uTrade Algos to automatically deduct the chosen subscription amount from your account at the end of the subscription term.
By completing these steps, your payments will be handled automatically, ensuring a seamless subscription experience with uTrade Algos.
Frequently Asked Questions
To downgrade your plan:
Go to the My Profile section of the platform
Click on upgrade subscription
Under any subscription that is a lower tier than your currently active one – you’ll see a Downgrade button
Click on the downgrade button to move you to the selected plan.
Your subsequent payments from the next billing cycle will get reduced to the amount of the newly selected plan.
Note: Suppose you were on the 3000Rs. Per month plan and then downgraded to ₹1000 plan on the 10th day of the 30 day payment cycle. Your plan will be downgraded from this term’s end i.e. after the 30 days and from the next payment cycle your recurring payment would be lowered to 1000Rs/month and plan privileges would be downgraded.
Once you’ve signed up, proceed to the accounts section and access the ‘Upgrade Plan’ tab. Here, you’ll find a list of all available plans along with their respective details. Choose the plan that suits you best and effortlessly subscribe by using either UPI or any of your debit/credit cards to upgrade to the Pro Trader level!
To upgrade your plan:
Go to the My Profile section of the platform
Click on upgrade subscription
Under any subscription that is higher tier than your currently active one – you’ll see an Upgrade button
Click on the Upgrade button to move you to the selected plan.
Your subsequent payments from the next billing cycle will get increased to the amount of the newly selected plan.
Here’s how the difference amount will be managed.
If you were initially on the ₹1000 plan and used it for 15 days, but now want to upgrade to the ₹2500 plan:
The amount used in 15 days = (1000/30)x15 = ₹500.
Amount left = ₹500
Delta = 2500 – 500 = ₹2000. This amount will be charged to you as a one-time payment while upgrading your subscription.
Post payment, the subscription, and your account privileges will be upgraded in real-time.
Note- your subsequent payments would be bumped up to 2500 Rs which will be automatically deducted from your account every month.
Can I subscribe to a monthly plan using other payment option?
You can activate your subscription with utrade algos using the following payment methods:
- UPI – Simply mention your VPA (UPI ID) and accept the mandate request on your payment app
- Cards – Select ‘Stripe’ as the payment option. Enter your credit card details and complete the payment process.
While Algo Trading has been quite expensive especially for a retail trader, uTrade Algos provides institutional grade features and a powerful algo engine at a nominal cost. Our premium plans start at just Rs. 999* thereby making algorithmic trading accessible to all.
What’s more is, you get a free 7-day trial so anyone and everyone can experience the power of algorithms. Sign up today – https://login.utradealgos.com/auth/login
You can activate your subscription with utrade algos using the following payment methods:
- UPI – Simply mention your VPA (UPI ID) and accept the mandate request on your payment app
- Cards – Select ‘Stripe’ as the payment option. Enter your credit card details and complete the payment process.
Is algo trading free in India?
While Algo Trading has been quite expensive especially for a retail trader, uTrade Algos provides institutional grade features and a powerful algo engine at a nominal cost. Our premium plans start at just Rs. 999* thereby making algorithmic trading accessible to all.
What’s more is, you get a free 7-day trial so anyone and everyone can experience the power of algorithms. Sign up today – https://login.utradealgos.com/auth/login
Yes, follow these steps to activate your subscription using UPI:
- Mention your VPA (UPI ID): Provide your Virtual Payment Address (VPA) or UPI ID to uTrade Algos.
- Approve the mandate: Authorize uTrade Algos to automatically deduct the chosen subscription amount from your account at the end of the subscription term.
By completing these steps, your payments will be handled automatically, ensuring a seamless subscription experience with uTrade Algos.
Knowledge Centre
In the world of finance and trading, be it automated trading, or otherwise, margin calculations play a crucial role. They determine the amount of funds required to open and maintain positions in financial markets. With the advent of technology, integrated margin calculators have become indispensable tools for traders. These calculators help traders assess risks and make informed decisions about their trades. However, even with these sophisticated tools at hand, traders often make mistakes that can lead to significant losses, including those algo trading in India. In this blog, we'll explore seven common mistakes to avoid when using an integrated margin calculator.
Algorithmic trading, characterised by trades executed on stock exchanges with minimal human intervention using computer programs and software, has gained significant traction globally. In India, it constitutes a significant portion of total orders at both the NSE and BSE. Let us learn more.