AlgoTest is intraday-first, and if you are testing something that opens and closes inside the session, that is the right shape and most alternatives are not. People look elsewhere for two reasons: the pricing is four products rather than one, and the history behind the backtest has moved.
What it costs, from their own pricing page
| Platform | Price | Free tier | History depth |
|---|---|---|---|
| AlgoTest | Backtesting is sold as a window, not a subscription: Rs 599 for 7 days, Rs 1,499 for 30, Rs 3,499 for 90, Rs 5,999 for 180, all with unlimited runs inside it. Or 1 credit per backtest with no expiry. Their Rs 499 a month plan is ClickTrade, which is live tradingAlgoTest's own pricing page, 9 Sept 2026 | Not publishedTheir blog says 25 backtests a week, permanent. Their own pricing page shows no free tier at all on any of its four tabs. Withheld until one of them is confirmed by signing up. | Not publishedRe-check against the product itself before Wave 1 publishes. |
The most common mistake in comparisons of this platform is quoting the wrong product. Their pricing page has four tabs. A figure widely repeated as their monthly price belongs to ClickTrade, which is live trading. Backtesting is a separate purchase and costs materially more for the same thirty days. We nearly published the wrong one ourselves, off a secondary source, before reading their page.
The backtesting itself is sold as a window of unlimited runs rather than a subscription: you buy seven days, or thirty, or ninety, and test as much as you like inside it. There is also a pay-per-test option with no expiry, which is the better shape if you test rarely.
Their own blog describes a permanent free tier of 25 backtests a week. Their pricing page shows no free tier on any of the four tabs. We could not reconcile those, so we publish neither and the table says so.
Where it stops
How far back their BANKNIFTY history actually reaches is not something we can show you. We have seen it discussed on their own community forum rather than stated on their product, and a forum index is not somewhere a reader can go and check a specific number. So the table withholds it rather than repeating it. If that figure matters to your decision, it is worth asking them directly before you pay.
Backtesting is rented, not owned. When the window closes, so does access. That suits burst testing and not a slow, long-running study.
What to use instead, by what you want
Depth rather than resolution. Our index options go back further than anything else we could verify: Index options from 2016 for NIFTY and BANKNIFTY, 2021 for FINNIFTY, 2022 for MIDCPNIFTY and 2024 for NIFTY Next 50 The trade-off is honest and it is the whole difference between the two products: Options rules are checked once a day on the settle price, except for minute testing on one index
Equity strategies with real indicators. 62 named signals, of which 60 are computed indicators and two are the raw price and volume series plus 36 point-in-time fundamental metrics, decided quarterly from filings published by that date, on Ten years of end-of-day equity history
Free, with a Zerodha account. Streak.
Expiry-day specifics. StockMock.
Just the data, free, no account. The option chain, max pain and PCR for five indices, and every F&O stock.
Where AlgoTest beats us, plainly
Intraday. Their engine checks rules through the session on every underlying; ours does it once a day on the settle price except on one index. For a same-day strategy that is not a small difference, it is the whole thing. They also deploy live, and we do not trade at all.
How much does AlgoTest cost?
It depends which of its four products you mean, which is the point of the table above. Backtesting, live trading through ClickTrade, the signals product and the algo-execution credits are priced separately on their own pricing page, and quoting the cheapest one as "the price" is how most comparisons get this wrong.
Does AlgoTest have a free tier?
Unclear, and we will not guess. Their blog says 25 backtests a week permanently; their pricing page shows no free tier on any tab. Until one of those is confirmed by signing up, we publish neither.
Is intraday backtesting better than end-of-day?
For an intraday strategy, yes, decisively - a stop checked once at the close books the close rather than the level it was meant to fire at. For a positional strategy held over days or weeks, the extra resolution changes very little, and depth of history matters more.
What is the cheapest way to test an options strategy properly?
If you have a Zerodha account, Streak, free, within its daily allowance. Otherwise you are choosing between a rented window of unlimited runs and a subscription, and the question to ask is how far back each one lets you go, because that is where they differ far more than on price.