In recent years, Artificial Intelligence (AI) has become more common in stock trading. This technology has changed how traders look at data and decide what to do.
With AI stock trading software, traders can now find patterns, predict market trends, and make better, more profitable trading decisions.
AI is being used more and more in stock trading, and there is a lot of AI-based stock trading software on the market.
These software programs use complex algorithms and machine learning to look at huge amounts of data and come up with insights that help traders make good decisions.
The best part about using this type of software…
You do not have to write any code for it! It is all done automatically thanks to algorithms programmed by very smart people (who probably got tired of writing code).
Fortunately, automated programs allow you to buy and sell stocks without being an expert in the field, so you do not have to take time away from your day job or family to learn about investments.
In this article, we will be looking at the 10 best AI stock trading software to make more money in 2023.
Trading stocks has always been a challenging job. With the advent of artificial intelligence, machine learning, and the best VPN for crypto trading, many things have become easier in the market.
With the help of AI stock trading software, it is possible to trade stocks more easily and accurately.
10+ Best AI Stock Trading Software For 2023
As technology continues to advance, AI-powered stock trading software has become increasingly popular among traders looking to make more informed investment decisions and potentially increase their returns.
Here are some of the best AI stock trading software to consider in 2023:
1. Trade Ideas
Trade Ideas is one of the most popular AI stock trading software available in the market today.
It uses a powerful algorithm that scans and analyzes the market in real time and generates trading ideas based on technical analysis, fundamental analysis, and market data.
The software also provides a simulated trading environment where users can test their trading strategies before implementing them in real time.
1. Real-time market scanning
Trade Ideas offers real-time scanning of the stock market, allowing traders to identify trading opportunities as they happen.
2. Artificial Intelligence-based algorithms
Trade Ideas uses artificial intelligence and machine learning algorithms to analyze market data and generate trading ideas based on patterns and trends in the data.
3. Backtesting tool
Trade Ideas includes a backtesting tool that allows traders to test their trading strategies against historical data to see how they would have performed in the past.
4. Simulated trading
Trade Ideas offers simulated trading, which allows traders to test their strategies in a risk-free environment before committing real money.
5. Broker integration
Trade Ideas integrates with several popular brokers, allowing traders to execute trades directly from the Trade Ideas platform.
6. Customizable alerts
Traders can set up customizable alerts to receive notifications when certain market conditions are met, allowing them to act quickly on trading opportunities.
7. Stock and options trading
Trade Ideas supports both stock and options trading, allowing traders to take advantage of different market conditions and strategies.
8. Education and resources
Trade Ideas provides educational resources and webinars to help traders learn about trading strategies and market analysis techniques.
9. Community and chat rooms
Trade Ideas has a community of traders and chat rooms where traders can connect with each other, share ideas, and get support and advice from other members.
- Standard: $84/Month
- Premium: $167/Month
Whether you’re a seasoned pro or just starting out, Trade Ideas empowers you with the latest artificial intelligence-based algorithms, customizable alerts, and backtesting tools to help you stay ahead of the curve and capitalize on trading opportunities as they happen.
2. Trend Spider
If you are new to trading, Trendspider is one of the best AI stock trading software that you can choose from. The software uses AI algorithms to help you choose the best stocks and learn how to trade them effectively.
You can also use their signals feature to receive real-time alerts on when to buy or sell the stock. Trendspider is useful for advanced traders who want multiple trading platforms and flexibility in where they place their trades.
Trendspider can analyze a company based on financial statements from its past five years and extract parameters such as:- Volatility, Momentum, RSI, Relative strength, Dividend information, Market cap information, etc.
- Free Trial: Yes, a 7-day free trial available.
- Essential: $17.00 per month (Bonus: 1 month free)
- Elite: $65.00 per month (Bonus: 2 months free)
- Elite Plus: $135.00 per month (Bonus: 3 months free)
3. Black Box Stocks
If you are looking for a solid, affordable, and fully-featured automated stock trading software, Black Box Stocks is for you.
An artificial intelligence-based money-making machine!
It will allow you to make a profit without getting involved in complex strategies or rules. Instead, it uses unique algorithms that trade stocks automatically on your behalf.
Black Box Stocks is a proprietary trading software that uses artificial intelligence to trade cryptocurrencies. It consists of two parts:
- The backtesting tool
- The smart algorithm
The backtesting tool allows you to test your strategies before using them with real money. You can optimize your strategies without risking any funds in the market so that when you are ready to start trading with real money, you will have a winning portfolio strategy to get started.
The backtest tool is available for both stocks and cryptocurrencies.
The smart algorithm does not require any programming knowledge on your part. It simply uses artificial intelligence based on historical data from financial markets to automatically generate signals which allow users like you to instantly execute trades through their broker (i.e., Interactive Brokers).
- Monthly billing: $99.97 per month
- Yearly billing: $959 per year
So, if this is what you want in the AI Trading Platform, then give Black Box Stocks a try.
Coinbase is one of the most popular AI stock trading software in the world. The company offers an easy-to-use platform for trading cryptocurrencies, and its user interface makes it simple to buy and sell digital currencies.
The Coinbase app is available for both Android and iOS devices, so you can trade on the go from your smartphone or tablet.
Coinbase is a great place for newbie traders and investors to learn how to invest and trade, so it is only natural that their AI trading software works well.
They offer programs like:-
- Coinbase Data
- Coinbase Pro (an exchange service)
- Coinbase Prime (a high-frequency trading platform), and more.
Their best piece of software is most likely on autopilot mode, but they also have manual trading options should you choose.
Their software has all sorts of bells and whistles that many people who do not know what they are doing would be scared of, but those willing to learn can make gains using it!
When I say Coinbase is one of my favorite stock exchanges out there, it is because I have found success with them.
Robinhood is a zero-commission stock trading app. Robinhood offers a free stock trading app, and it also offers options trading for free. In addition, the platform offers free crypto trading, commission-free ETF trading, and commission-free crypto trading.
Robinhood has been around since 2013. Millions of people have used it to buy stocks online or through its mobile apps on iOS and Android devices.
The company also allows you to trade real estate with Ethereum (ETH) or Bitcoin (BTC) cryptocurrencies in addition to traditional stocks listed on U.S., Canadian and European exchanges such as Nasdaq Stock Market LLC or Euronext Paris SA/NV Amsterdam Stock Exchange Group, etc.
Robinhood’s free trading platform has made them one of 2017’s fastest-growing companies. They offer a slick interface, instant deposits and withdrawals, low-cost trades, mobile trading, and an easy-to-use app.
If you don’t have at least $1,000 to invest or trade with and want to avoid paying fees while learning how to day trade, Robinhood is a good AI stock trading software.
If you’re going to trade binary options, OptionBit is a great place to start. With their easy-to-use trading platform and a broad selection of assets and expiry times, they provide traders with all they need to achieve success.
Their unique take on risk control also gives them an edge over some of their competitors. If you are starting with binary options, put OptionBit at or near the top of your list.
It is one of my favorites, as OptionBit is a robust trading platform providing various options and a wide range of expiration dates. I also like that it is easy to use and intuitive.
It is free.
They even offer a demo account so that you can practice!
It even comes with a strategy tester so you can analyze your strengths and weaknesses before using your skills in real-time. OptionBit is a licensed forex broker. It uses top-notch security features, like SSL encryption, so you can rest assured that your money is safe.
It is also highly rated on Trustpilot, with 88% giving it 4 or 5 stars (out of 5). On top of everything else, they have one of the best spreads of 0.7 pips, so you get more bang for your buck when trading foreign exchange pairs with them.
Bittrex is a US-based cryptocurrency exchange founded by Bill Shihara, who co-founded the Bitcoin security company coinik. Bittrex has a good reputation for security and customer support, making it one of the best AI stock trading software for teenagers to make money online.
This company has been operating since 2014 and attracts over 200,000 traders every day.
The exchange provides more than 270 trading pairs and margin trading with up to 20x leverage on BTC, ETH, and USDT markets. It offers high liquidity in most assets with bid/asks spreads ranging from 0% to .2%.
This AI stock trading software provides an extensive range of markets and low fees (0.25%).
The service is both secure and easy to use, as it allows you to trade on popular assets such as bitcoin without having to verify your identity or provide sensitive personal information.
Kraken is one of the largest cryptocurrency exchanges and AI stock trading software in the world.
The exchange is headquartered in San Francisco, CA, and has a total trading volume of more than $60 million per day.
Kraken offers its services to users worldwide with advanced features such as:-
- Margin trading
- Stop-loss orders
- OCO order types, and more.
In addition to Bitcoin (BTC), Ethereum Classic (ETC), and Litecoin (LTC), Kraken also supports dozens of other cryptocurrencies including Monero (XMR), Cardano (ADA), Dogecoin (DOGE), and many others.
Kraken was founded in 2011 by security expert and online entrepreneur Jesse Powell.
Based out of San Francisco, Kraken has quickly grown into one of the largest bitcoin exchanges in euro volume and liquidity, boasting dozens of currency pairs.
The platform has earned its reputation as one of bitcoin’s best exchanges for reliable uptime, high-security standards, and exceptional customer service.
This year alone, it’s doubled its workforce from 100 to 200 employees worldwide.
That rapid growth reflects just how big cryptocurrency trading is getting—even for new investors who are still trying to wrap their heads around what exactly it is.
So if you are down to join this multi-featured platform then simply click “ I am in” and you are done.
eToro is an online AI stock trading platform that offers users the ability to trade a variety of financial instruments, including stocks, cryptocurrencies, commodities, and more.
One of the key features of eToro is its integration of artificial intelligence (AI) into its trading software.
eToro’s CopyPortfolios are pre-packaged investment portfolios that are managed by AI algorithms.
These portfolios are created based on specific investment themes or strategies, such as stocks with high dividend yields or companies with strong growth potential.
By investing in a CopyPortfolio, users can diversify their portfolio and benefit from the expertise of eToro’s investment team.
2. Market CopyFunds and Top Trader CopyFunds
These features allow users to invest in a diversified portfolio of assets based on the trading strategies of top-performing traders on the platform.
Market CopyFunds are portfolios that are based on specific market sectors, while Top Trader CopyFunds are based on the strategies of eToro’s most successful traders.
3. Market sentiment
eToro’s AI-powered Market sentiment feature provides users with real-time information on the sentiment of other traders towards specific assets.
By analyzing data from millions of trades, the platform’s AI algorithms can provide insights into market trends and help users make informed investment decisions.
4. Copy trading
eToro’s copy trading feature allows users to copy the trades of other successful traders on the platform.
By following and copying the trades of top-performing traders, users can benefit from their expertise and potentially increase their returns.
5. Smart newsfeed
eToro’s smart newsfeed feature uses AI algorithms to provide users with personalized news and market updates based on their trading history and interests.
6. Technical analysis tools
eToro’s AI-powered technical analysis tools allow users to analyze market trends and identify potential investment opportunities.
Overall, eToro’s AI-powered trading software offers a range of powerful features that can help users make informed investment decisions and maximize their returns.
By leveraging the platform’s AI algorithms and social trading features, users can benefit from the expertise of top-performing traders and eToro’s investment team.
A top-rated artificial intelligence stock trading software, developed by experts from Columbia University and MIT.
Equbot helps you quickly enter or exit a trade with your best execution price, making it an excellent choice for long-term investors who want to keep costs down.
This AI stock trading platform also has advanced risk management tools, such as options and out-of-the-money options traders.
Pricing plans start at $15 per month when billed annually, which is a great deal considering how much time and effort you can save on trades with equbot’s artificial intelligence capabilities.
But it is not designed for everyone. It is more of a professional tool that can be used by people who are already making money with their investments and looking for ways to grow their portfolios and make rich from nothing.
This software is also great for beginning traders who want to learn as they trade and have at least some idea of what they are doing before making moves in real-time.
Experienced day traders may also find use out of it, although they will probably need some expertise under your belt before you feel comfortable using an automated stock trading software like equbot.
There is a variety of AI-powered stock trading software available that can help traders make more informed investment decisions and potentially increase their returns.
These tools offer a range of features, such as automated trading algorithms, market sentiment analysis, and copy trading, that can help users build diversified investment portfolios and benefit from the expertise of top-performing traders.
It’s important to remember that while AI-powered stock trading software can be a valuable tool, it’s still important to do your own research and make informed investment decisions.
Traders should carefully consider their investment goals and risk tolerance before using any trading software, and should always monitor their investments to ensure they align with their objectives.
Overall, Trade Ideas can be a valuable tool for traders looking to maximize their returns and build diversified investment portfolios. By leveraging the power of AI algorithms and social trading features, users can potentially increase their profits and achieve their investment goals.