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Plans and Wallet

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You can add funds to your wallet by clicking the + Add Money button.

All your actions like backtesting, paper trading and real trading are charged according to the funds in your wallet (wherever charges are applicable).

Your funds keep decreasing as and when you are charged, and once the funds become zero, your account stops trading.

If your actions are going to be quite extensive, then consider opting for packages/plans to get more economical benefits. See the Models section described next to know more!

Models

There are 2 models:

  • Pay-per-use Model: In this model, you add money into your AlgoBulls Wallet. As you run and use various services, you are charged for those services.

    Use the Fund Book to track the usage charges.To know more, see here.

  • Subscription Model: Visit the Plans & Wallet page of your account and select a plan suitable for you.

    As an example, if you activate a plan of 1000 INR for Backtesting services for 30 days, then you may use the Backtesting service without incurring any additional charges for the next 30 days.

    However, for this same example, the Real Trading service will still be chargeable as per the Pay-per-use Model because the subscription you have chosen does not include this service.

    Use the Fund Book to track the usage charges. To know more, see here.

For both the models, the following actions are common and free:

Action Cost
Add a strategy from Marketplace to your Portfolio 🆓
View backtesting reports for a strategy from Marketplace 🆓
Tweak (change parameters of) a strategy 🆓

Plans for the Pay-per-use Model

Action Cost
Run backtesting for a tweaked strategy 💰 Rs. 1/min
Run paper trading for a strategy 💰 Rs. 1/min
Run real trading for a strategy 💰

Note

  • To know the charges for Real Trading, you have to check out the specific strategy details as shown below:

Wallet

Plans for the Subscription Model

The following is a list of plans currently offered by our platform.

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Note

  • The plans shown above are subject to change. For the current plans, visit here.

Payment, Active Plans and History

There are 3 tabs here:

Plan - A category-wise list of packages offering by the platform.

Active Plans - The currently active plan(s) in your account.

History - A list of all amounts that you have added to your wallet over a period of time.

Click on the amount button of any plan to initiate payment for that plan.

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Click on Active Plans tab shown above to see the plan(s) currently active in your account.

Click on History tab shown above to see all previously used plans.


Last update: 2022-03-25