Best AI Stock Trading Bots (2024)

Investors and traders are continuously looking for cutting-edge tools and technologies to give them an advantage in the stock market in today’s fast-paced financial environment.

Artificial intelligence has completely changed the stock trading industry, thanks to its capacity to analyze huge amounts of data, spot trends, and make quick decisions. The top 12 AI stock trading bots that are currently causing a stir in the market will be examined in-depth in this article.  

12 Best AI Stock Trading Bots

1. Trade Ideas

Trade Ideas is an AI-driven stock trading bot that scans markets in real-time, using advanced algorithms and machine learning to uncover trading opportunities and patterns. Trade Ideas uses artificial intelligence to identify potential stock trades. It is one of the renowned for its powerful scanning tools.

Features:

• Analyzes historical and real-time data
• Monitors a wide range of trading instruments 
• Offers customizable strategies for traders
• Simulated trading 

Pros: 

• Extensive scanning capabilities
• Unique alert system
• Supportive community

Cons:

• Learning curve for beginners 
• Premium cost

Pricing:

Trade Ideas provides both monthly and annual subscription options for its two subscription plans, Standard and Premium. The Premium plan costs $167 per month or $1999 annually, while the Standard plan is priced at $84 per month or $999 annually.

2. TrendSpider

TrendSpider is a renowned AI-powered stock and crypto trading bot that streamlines market analysis for traders. It automates chart pattern recognition and trendline analysis. Its smart alerts and intuitive interface empower traders to navigate the market with precision.

Features:

• Cutting-edge technology automates
• Dynamic alerts
• Multi-timeframe

Pros:

• Accurate technical analysis
• Customizable alerts
• Strategy optimization

Cons:

• Learning curve
• High cost

Pricing:

Three price tiers are available on TrendSpider: Elite, Elite Plus, and Essential. A seven-day free trial is included with every plan. The monthly cost of the Essential plan is $33.15, or $27.20 if paid annually. The monthly cost of the Elite is $89.50, or $67.50 if a yearly subscription is chosen.

3. Signal Stack

Signal Stack is an AI-driven stock trading bot that analyzes vast market data to generate real-time signals. It adapts to traders’ preferences, offering customization options for criteria and indicators. Real-time signals are delivered through various channels, aiding quick decision-making. Comprehensive portfolio management tools assist in optimizing investment portfolios. 

Features:

• Advanced AI algorithms
• Real-time signal generation
• Portfolio management
• Risk management

Pros:

• Automation, 
• Data-driven insights 
• Backtesting capabilities

Cons:

• Technical complexity for beginners
• Dependence on market conditions

Pricing:

Signal Stack Pricing is tier-based, offering lower costs per signal for larger purchases. You don’t need a credit card to access the first 25 signals, which are free. Pricing for subsequent signals starts at $1.49 for a pack of 50 and goes all the way down to $0.59 for a pack of 10,000.

4. Stock Hero

StockHero is an AI-powered stock trading bot that employs cutting-edge technology to analyze vast market data, offering insights and automation to traders. It is a stock screening platform that helps traders identify undervalued stocks. It caters to both beginners and experienced traders, making stock market insights accessible to all.

Features:

• Advanced algorithms
• Real-time analysis
• Portfolio management tools
• Automation streamlines trade execution

Pros:

• Data-driven insights
• Efficient 
• Risk management features

Cons:

• Reliant on market conditions
• Technical complexity

Pricing:

Stock Hero offers three subscription plans: the Lite plan at $4.99/month or $49.99/year; the Premium plan at $49.99/month or $499.99/year; and the Professional plan at $99.99/month or $999.99/year.

5. Tickeron

Tickeron is an AI-powered stock trading platform that leverages advanced algorithms to analyze real-time and historical market data, aiding users in making data-driven investment decisions. It is a news and analysis platform that provides traders with news, analysis, and trading ideas.

Features:

• AI-driven insights
• Smart portfolios
• Backtesting
• Technical analysis tools

Pros:

• Advanced AI algorithms
• Diverse feature set
• User-friendly interface

Cons:

• Market unpredictability
• High cost

Pricing:

Tickeron offers four main pricing plans. The Investor plan costs $60/month, the Swing Trader plan is $80/month, the Day Trader plan at $100/month, and the Expert plan at $250/month.

6. Scanz

Scanz is a comprehensive market scanning platform designed for day and swing traders, offering real-time scans of the entire stock market. It helps traders identify trading opportunities on the forex market. It offers real-time scanning and filtering tools.

Features:

• Customize scans 
• News Scanner with rapid news feeds

Pros:

• Robust scanning capabilities 
• Real-time event notifications

Cons:

• Learning curve for new users
• Subscription costs

Pricing:

The monthly cost of Scanz includes Level 1 and Level 2 quotes, with a starting price of $169. For an extra $15 per month, you can get the OTC Markets add-on, which gives you complete data on OTC penny and sub-penny stocks.

7. Imperative Execution

Imperative Execution, a financial exchange organization, is renowned for its Intelligent Cross US equities ATS platform, which was a pioneer in applying AI to trading. It is an order execution platform that helps traders place and execute orders quickly and efficiently.

Features:

• Optimizing price discovery 
• Near-instant order matching 

Pros:

• Cutting-edge technology
• Swift order execution

Cons:

• Primary focus on U.S. Equities 
• Potential dependency on AI technology

Pricing:

Imperative Execution, a leader in automated trading systems, offers its IntelligentCross ATS with a special pricing structure. Although precise pricing information is kept private, the company’s strategy aims to lessen the impact of large orders on the market and provide a more effective trading environment.

8. Algoriz

Algoriz is a cutting-edge trading platform that harnesses artificial intelligence and machine learning to provide traders with real-time insights and automated trading capabilities. It is a backtesting and optimization platform that helps traders develop and test their trading strategies.

Features:

• Advanced algorithms
• Trading opportunities
• Competitive edge

Pros:

• Time-saving efficiency 
• Data-driven decision-making
• Trading discipline

Cons:

• Need technical knowledge
• Bot’s performance relies on market conditions
• Require dynamic environments

Pricing:

Four pricing tiers are available to users through Algoriz. For those just starting out, the Professional plan costs $29 per month and offers advanced features. The Lite plan is free. The Premium plan, which costs $69 a month, is for those looking for a complete trading solution.

9. Kavout

Kavout is an innovative AI investing platform powered by “Kai,” its AI machine that meticulously analyzes vast amounts of financial data, news, blogs, and social media to provide highly accurate insights. 

Features:

• AI-powered stock selection
• Objective and tradable signals
• Broad coverage

Pros:

• AI-driven precision
• risk-free paper trading

Cons:

• Learning curve
• Market-dependent

Pricing:

Since Kavout’s pricing isn’t mentioned explicitly on its website, it might be customized to meet the needs of specific users.

10. BlackBoxStocks

Real-time trading alerts and advanced options tools with a trading community and AI algorithms for stock and options traders.

Features:

• AI-powered stock analysis and trading recommendations
• Real-time market data and news
• Automated trading capabilities

Pros:

• Powerful AI algorithms
• Easy to use

Cons:

• It primarily focuses on options trading
• Expensive

Pricing:

It starts from $99.97/month re-billed each month at the same time, or $959/year.

11. MetaStock

A comprehensive technical analysis software offering powerful charting, backtesting, and forecasting tools for stock, forex, and futures markets. It is a technical analysis platform that provides traders with tools to identify and analyze trends.

Features:

• Comprehensive charting and technical analysis tools
• Backtesting and forecasting tools
• Customizable workspaces

Pros:

• Extensive library of built-in indicators
• Reliable data and analytics

Cons:

• Steeper learning curve
• Pricing is high

Pricing:

MetaStock offers various pricing plans, including MetaStock D/C (Daily Charts), MetaStock EOD (End-of-Day), and MetaStock RT (Real-Time). Prices may vary depending on the plan and the data feed you choose, but they typically range from $499 to $1,695 annually.

12. Quantum Street AI

AI-powered stock market predictions, real-time signals, and portfolio management with sentiment analysis and risk management features. It is a trading signal platform that provides traders with real-time buy and sell signals.

Features:

• AI-driven stock market predictions.
• Real-time trading signals
• Portfolio management tools

Pros:

• AI-powered predictions
• Sentiment analysis to gauge market sentiment

Cons:

• AI predictions may vary

Pricing:

Pricing details for Quantum Street AI are not readily available, and they may vary based on the specific services and features offered.

Are AI stock trading bots profitable?

Although they have the potential to be profitable, AI trading bots do not ensure success. A trading bot’s profitability is dependent on a number of variables, such as its underlying strategy, the caliber of the data it uses, and the state of the market.

How to Use AI for Stock Trading?

AI is being used in the trading industry in a variety of ways. One way is to order customized robots or apps that will trade for you, providing signals and making decisions based on your trading strategy. Another option is to use the many online analytical software packages and smart trading advisors that are available.