Top 8 AI Trading Bots For Stocks

Many of us have wondered: Can AI trade stocks? And it is now a fact that artificial intelligence is a key factor in developing stock market investments. AI investing bots equipped with sophisticated algorithms offer traders and investors an effective tool for optimizing strategies and maximizing profits.

Stock trading software is distinguished by its objectivity, as it eliminates the emotional element. These systems are designed to avoid errors in times of high volatility. They are also based on statistical models and historical data, which reduce the possibility of making mistakes.

In addition, some of these bots incorporate innovative or novel functions, allowing more complex analysis or obtaining relevant information instantly before making a trade, that is, an AI that tells you when to buy and sell stocks.

This article will examine 8 AI trading bots for stocks that will help you improve your investment performance.

1.   Trade Ideas

Trade Ideas is a stock screener and an AI trading bot. It provides trading signals based on its artificial intelligence algorithm to help you achieve higher returns on your investment.

The platform offers multiple advantages over other trading bots on the market.

• Artificial Intelligence: This AI provides real-time signals for trading to its users. It also includes important data, such as stop prices, scheduled exits, and entry prices. You can also choose to trade manually or allow the AI to handle the process.
• IT traders: This channel is a great way to get information about the best stocks in the market. It offers you a list of the most promising companies, selected by professionals so that you can follow the expert advice.
• Trade Ideas Premium users have access to a weekly newsletter that includes the IT swing picks. All stocks are listed here as swing picks, and they serve as a supplement to your investment.
• Trade Ideas also offers an intelligent system of risk management for each trade, which estimates the potential profit or loss in advance on the chart.
• This powerful tool uses AI to scan the market for the best trading opportunities.

Highlights of Trade Ideas

• Advanced Technical Analysis: Offers a variety of indicators, charting options that can be customized, and drawing tools to conduct in-depth research on the market.
• Holly (Artificial Intelligence): Holly uses algorithmic processes to identify market patterns and predict potential trends.
• Automatism: Create and execute trading strategies automatically, saving traders time.
• Backtesting: This allows you to test the performance of strategies in the past before they are applied to the market.
• Chat rooms for traders: This chat room is a place where users can interact with each other and share their experiences. It encourages new trading strategies by sharing knowledge.

More information at https://www.trade-ideas.com/

 

2.   Magnifi

Magnifi, a stock trading software with a friendly interface and a variety of investment options, is a powerful AI trading bot. Magnifi has two plans, a free one and a premium one. The premium plan offers access to an AI trading assistant, historical information on the market, and educational tools. The free plan is a good way to get a feel for the platform and its capabilities. It offers basic features with a limited scope.

This robot simplifies the investment process by using AI. It is available via a mobile application and website and provides multiple communication channels for queries. Artificial intelligence can provide valuable insights. However, its accuracy may vary.

Highlights of Magnifi

• Search by categories or personal interests.
• Portfolio Analysis: This tool provides detailed information about the composition of your portfolio and its performance.
• AI Advice: AI advice provides personalized recommendations, and it helps manage and build a portfolio.

More information at https://magnifi.com/

3.   Scanz

Scanz is an AI investing bot that incorporates artificial intelligence with the premise of scanning the stock market in real-time and providing its users with useful and relevant information about the market situation. This means that this software is a trading tool that can function as a small assistant that informs you when to trade and how to do it.

In addition, it offers important functions to complement your technical analysis, from advanced real-time charts to breaking news, indicators, and even prices and possible profits per trade.

Highlights of Scanz

• On-the-fly scanning: Scanz’s core function is to analyze the market in real-time and provide instant trade entry or exit data.
• Pre-configuration of scans: To greatly facilitate the options for its users, Scanz offers a series of pre-configured scans so that no time is wasted in setting up this option.
• SEC News: The users of this platform can be informed at all times of the news published that may alter in one way or another the operations formed or to be formed.
• Customization: Although pre-configured scans are available, you are free to customize the scans to your liking, taking into account specific criteria.
• Price filtering: A useful option is to be able to filter the shares according to their price or liquidity data.

More information at https://scanz.com/

4.   Danelfin

Danelfin, a stock trading software using explanatory artificial intelligence (AI), is an automated trading system. It allows investors to make better decisions and improve the performance of their portfolios.

This platform offers accurate and relevant data to help you make informed investment decisions. It allows you to create a personalized investment strategy thanks to the AI that explains recommendations.

Danelfin offers both a free plan that has limited features and some paid plans where you can use all the features available with no restrictions.

Highlights of Danelfin

• Stock Scoring: This method evaluates stocks by assigning a numerical value to them.
• Transparent AI: Users can understand the reasoning behind the conclusions of artificial intelligence.
• Data Analytics: Analyzes over 10,000 features per stock each day.
• Create investment strategies using a previous AI score.
• Portfolio tracking: Tools to monitor and improve the performance of portfolios.

More information at https://danelfin.com/

5.   Intellectia

Intellectia, an AI investing bot, provides investors with real-time data on the market and intelligent recommendations. The platform is designed to make the investment process easier, more accurate, and more accessible for all.

There are two plans: a free one with some restrictions and a paid Pro or Max plan, which allows you to access all the features without limitations.

Highlights of Intellectia

• Daily Picks: You will receive a list of five stocks each day, selected by artificial intelligence. This includes a stop-profit optimization strategy.
• Intelligent Technical Analysis: Get a full technical analysis for any stock with over 100 technical indicators.
• Intelligent chat: Use natural language to converse with the latest market and stock data.
• Access financial analysis and expert insight with just a click.
• Stocks & Cryptocurrencies: Get real-time market information on stocks and cryptocurrencies, as well as deep analytic insights.
• Event markers: Stay up-to-date with live trading signals, analyst evaluations, and new tags.
• Economic and Profits Calendar: Plan your investments and be prepared for the future.
• Life calls with transcripts: Listen to recorded and live earnings calls, and access AI-assisted summaries.

More information at https://intellectia.ai/

6.   Tickeron

Tickeron’s mission was to bring artificial intelligence to investors everywhere. This stock trading software acts as a personal copilot, guiding you through every decision. Tickeron will be your best ally if you prefer to do your research and make decisions.

Highlights of Tickeron

• Everyone can do in-depth analysis: Find hidden patterns in the market and make informed choices without needing to be an expert.
• Reliable forecasts: The predictive engine provides you with an edge in trends and allows you to make the best trades.
• Continuous Learning: Gives you the tools and information to improve your trading skills.
• A network of experts: Access specialized services and connect with other traders to expand your horizons.
• Flexible and customizable: With a variety of subscription plans, you can customize this AI trading robot to suit your trading style and price range.

More information at https://tickeron.com/

7.   Blackbox Stocks

This software is a powerful tool for traders looking to improve their investments using AI to trade stocks. As an AI investing bot that provides support and specific information, it provides buy and sell alarms, real-time market analysis, complex charting, and, most valuable, a large community with which to share and receive useful data.

Highlights of Blackbox Stocks

• Alerts: BlackBox Stocks notifies traders in real time of new trading opportunities using algorithmic stock trade notifications.
• Charts: BlackBox Stocks provides institutional-grade charts. You can select from candlesticks, line charts, and bar charts. Add dozens of technical analyses. You can plot multiple charts within a single window. This is useful when you are monitoring multiple setups in real-time.
• Dark Pool Scanner: This scanner is useful for tracking what smart money does.
• Options Flow Scanning: The feed automatically highlights orders with unusually high values in a color-coded format. You can sort by ticker and other criteria, such as expiration date, type of trade, strike price, implied volatility, etc.
• Member’s Chatroom: The chatroom can be occupied by up to 100 members during any given day. The Team Traders is a group of traders with years of experience who moderate the chatroom and give advice and encouragement to its members.

More information at https://blackboxstocks.com/

8.   TrendSpider

TrendSpider, a stock trading software with artificial intelligence, helps traders make better decisions. It provides several tools and functions to analyze the markets, develop investment strategies, and automate trades.

TrendSpider has three different plans.

Essential: Includes basic tools, alerts, and backtesting.

Elite: Designed for more experienced users. It offers real-time information, advanced alerts, and trading robots.

Elite Plus: For professional traders with advanced features like multiple workspaces, trading bots, and unlimited alerts.

Highlights of TrendSpider

• Technical Analysis Tools: Detection of Patterns, Indicators,… to help you with your market analysis.
• Tools for strategy development: Backtesting capabilities, flexibility in designing customized trading strategies, and optimization capabilities.
• Automation: Receive timely alerts and automate the order execution process to maximize market opportunities.
• Premium data: Use a large repository of historical trading data to refine and test your trading strategies.
• Integration with Other Platforms: You can connect to different brokers and execute trades.

More information at https://trendspider.com/

Are AI stock trading bots really useful?

It is undeniable that stock trading bots using artificial intelligence can automate and enhance stock trading. They can recognize trading opportunities on the stock market using advanced algorithms. Thanks to their ability to analyze information in seconds and make better decisions, they can be a great help.

We can conclude that Trade Ideas is the best bot for receiving expert advice and making informed decisions. Its artificial intelligence (Holly AI) also provides excellent buy and sell signals, which are highly valued by users.

 

The 8 AI trading bots that we have analyzed are good options for traders who want to get into the world of trading. However, even though these AI investing bots provide significant advantages when it comes to speed and data analysis, you, as a trader, should carefully weigh both the benefits and the risks before implementing this technology.