Trademate
Discretionary index-options trading for NSE, BSE & MCX — live option chain, one-click strikes, strategy templates and RMS.
What is Trademate?
Trademate is an automated trading tool from MyAlgoMate. Discretionary index-options trading for NSE, BSE & MCX — live option chain, one-click strikes, strategy templates and RMS. It runs across MyAlgoMate’s 160+ Indian broker integrations with no coding required, and MyAlgoMate provides technology only — not investment advice.
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Plans
Pay for the tools you use. All prices in INR, exclusive of GST.
Works with 153 brokers
Search for yours — connecting takes minutes, not a development project.
153 brokers
View all 153 supported brokers →Features at a glance
The capabilities that matter most — the rest is configurable in detail below.
Multi-exchange support
All major Indian exchanges — NSE, BSE and MCX — in one unified dashboard: index options and commodities.
Trading modes & execution
Built-in paper trading plus fast live execution: limit/market orders, auto-splitting, one-click flips and custom strike buttons.
Strategy building
10+ pre-defined templates and four entry modes (Immediate, Time, Underlying, Premium) with Spot/Future/Synthetic underlyings.
Real-time monitoring
Dynamic strategy tracking with index-wise MTM breakdowns and a live MTM visualizer.
Risk management (RMS)
Customisable safety nets: max profit/loss, profit protection, and flexible exit times and modes.
Alerts & support
Real-time Telegram alerts for MTM and errors, plus instant WhatsApp support.
See it in action
Watch it set up and run — start to finish.
Every setting, explained
Browse the full configuration — pick any setting to read its details in the panel below.
Live Option Chain
Copy linkLive Option Chain of TradeMate Algo: Instant Insights & Execution for Straddles/Strangles
Unlock real-time options data across NSE, BSE, and MCX with TradeMate’s dynamic live option chain—designed for swift straddle and strangle setups. Spot opportunities in seconds, execute with precision, and scale bulk trades effortlessly. Perfect for discretionary index options trading in volatile markets.
Quick Entry into Straddles/Strangles
Dive straight from the chain into high-impact strategies—no manual leg hunting required. Here’s how it streamlines your flow:
- Comprehensive Options Data: Track real-time prices for straddles and strangles across all strikes, with combined Last Traded Price (LTP) for instant P&L previews—stay ahead of market swings.
- Effortless Trading: Buy or sell the full straddle/strangle or individual Call (CE)/Put (PE) legs with single-click execution—zero delays, maximum efficiency.
- Automatic Order Splitting: Handles large quantities by your custom settings, ensuring smooth placement without overloads—ideal for institutional volumes.
Available Fields for Deeper Analysis
Monitor every angle with these essential metrics, updated live:
- STRIKE: Current strike levels for precise targeting.
- LTP: Last Traded Price for calls/puts/combos.
- OI: Open Interest to gauge market sentiment.
- VOLUME: Trading volume for liquidity checks.
- INTRINSIC: Intrinsic value to spot in-the-money edges.
- PREMIUM: Time/extrinsic premium for decay insights.
- DELTA: Greeks for risk-adjusted positioning.
Pro Tip: Pair with our Strategy Builder for auto-populated entries—watch the demo below to see it in action!

Quick Add / Exit / Move
Copy linkQuick Add / Exit / Move: Pyramid & Adjust Positions in One Click
TradeMate makes position management lightning-fast and intuitive—build pyramids, scale out profits, or roll strikes with single-click precision. Customize everything to match your trading style while keeping the interface clean and focused. Ideal for dynamic discretionary options trading on NSE, BSE, and MCX.
Pyramid Positions with a Single Click
Scale into winners effortlessly without manual calculations:
- Quick Add Position: Instantly add 25%, 50%, or 100% of your base quantity using predefined buttons—or create custom buttons for any desired lot size.
- Configuration Control: Set up all add buttons directly in settings for seamless access.
- Clean UI: Hide unused buttons to keep your dashboard clutter-free and distraction-free.

Complete or Partial Exit with a Single Click
Lock in profits or cut losses instantly:
- Quick Exit Position: Exit 25%, 50%, or 100% of your current position with one click—or build custom exit buttons for precise quantities.
- Configuration Control: Fully customizable in settings to match your risk rules.
- Clean UI: Disable any buttons you don’t use for a minimalist, professional workspace.

Single-Click Strike Adjustments
Roll or defend positions quickly as the market moves:
- Easy Position Adjustment: Shift your strikes up or down by one or two strikes with a single click—perfect for adjustments in straddles, strangles, or spreads.
- Adjustment Options: Choose predefined moves (25%, 50%, 100% of position) or create custom move quantity buttons for finer control.
- Transition Choices: Decide whether to move to the next immediate strike or skip one strike further for aggressive rolls.
- Configuration Control: Tailor all adjustment buttons in settings.
- Clean UI: Turn off unused options to maintain a streamlined interface.
Smart Delay Setting for Safe Execution
Avoid order rejections due to temporary margin blocks:
- Configurable Delay (in seconds): Set a brief pause between exiting the old leg and entering the new one during adjustments.
- Zero Delay Option: If you maintain extra margin buffer, set delay to 0 seconds for instant execution.
TradeMate puts total control in your hands—customize, simplify, and trade faster than ever. See it in action in our demo!

Quick Flip
Copy linkQuick Flip: Reverse Positions in a Single Click
TradeMate empowers you to instantly reverse or convert positions with one-click flips—no manual exits and re-entries needed. Perfect for fast directional changes, volatility shifts, or hedging in NSE, BSE, and MCX options trading.
Quick Flip BUY / SELL
Reverse your entire directional exposure instantly:
- Automatic BUY to SELL Flip: Click the flip button to exit your buy position and immediately open an equal sell position in the same contract.
- Example: Holding 100 quantities bought in any option? One click exits the buy and sells 100 quantities—position fully flipped to short in seconds.
- Ideal for quick reversals when the market moves against you or for locking in reversals without slippage.
Quick Flip CE / PE
Switch sides between Call and Put with zero hassle:
- Automatic CE to PE (or PE to CE) Conversion: One click exits your current leg and opens the opposite side at the same strike and quantity.
- Example: Long 100 quantities in a Call (CE)? Flip instantly exits the CE and buys 100 quantities in the Put (PE) at the same strike.
- Great for turning a straddle/strangle neutral, defending directional trades, or adapting to breakout failures.
Smart Flip Settings for Safe & Fast Execution
Control timing to prevent margin-related order rejections:
- Sell-First Priority: During mixed flips, TradeMate always exits sell positions first for smoother margin release.
- Delay Between Sell and Buy Flips (seconds): Set a custom pause between completing sell-side exits and starting buy-side entries. Keep at 0 if you maintain an extra margin buffer.
- Individual Option Position Flip Delay (seconds): Configurable delay between exiting one leg and entering the new one in the same flip action. Set to 0 for instant execution with sufficient margin.
TradeMate ensures your flips are not only lightning-fast but also margin-safe—giving you confidence in high-volatility scenarios.

Smart Order configuration
Copy linkOrder Configuration: Smart Splitting & Precise Execution Controls
TradeMate gives you full command over order placement with intelligent auto-splitting, flexible order types, and advanced limit order mechanisms—ensuring smooth, rejection-free execution even on large quantities across NSE, BSE, and MCX.
Order Splitting & Freeze Limit Handling
Trade large volumes confidently without manual intervention:
- Automatic Order Splitting: When your quantity exceeds the exchange-defined freeze limit, TradeMate instantly divides it into multiple smaller orders for seamless placement.
- No rejections, no delays—perfect for scaling into 50K+ quantity positions in Nifty, Bank Nifty, Sensex, or MCX commodities.
Supported Order & Product Types
Choose the setup that fits your strategy:
- Order Types: Limit (price-controlled) or Market (instant fill).
- Product Types: MIS (Intraday) or NRML (Overnight/Carry Forward).
Advanced Limit Order Filling Mechanism
Maximize execution probability with smart price and timeout controls:
- Limit Price Buffer Setting:
- Order Execution Timeout Options (if limit order isn’t filled within your set timeframe):
TradeMate combines safety, speed, and control—making high-volume and precise options trading effortless and reliable.

Strategy Templates
Copy linkStrategy Templates: Build & Deploy Multi-Leg Strategies Effortlessly
TradeMate simplifies complex multi-leg options strategies with powerful, ready-to-use templates—covering Neutral, Bullish, and Bearish setups across Nifty, Bank Nifty, Fin Nifty, Midcap Nifty, Sensex, Bankex, and MCX commodities. Configure once, deploy instantly, and monitor everything in real time.
Index & Commodity Selection
Start by choosing your underlying:
- Available Indices/Commodities (via dropdown):
Validity Options
Control how long your strategy remains active:
- Current Day – Auto-expires at market close.
- Applicable Until Defined Date – Runs across multiple trading sessions.
- Applicable Until Execution – Stays live until all legs are fully triggered.
Entry Order Preferences
Decide the sequence for multi-leg safety:
- Buy First, Then Sell – Prioritizes long legs.
- Sell First, Then Buy – Prioritizes short legs (helps with margin efficiency).
Flexible Entry Modes
Choose the trigger that best fits your view:
- Immediate Entry:
- Time-Based Entry:
- Underlying-Based Entry:
- Option Premium-Based Entry:
Reverse Functionality
Instantly flip the entire strategy direction:
- One-click Reverse Button switches all legs from Buy to Sell or Sell to Buy—perfect for adapting to sudden market shifts.
Strategy Monitoring & Management
Stay in full control with the dedicated Strategy Monitor:
- View all active strategies with real-time updates.
- Perform instant actions:
- Status Indicators: Pending, Triggered, Running, Stopped, Completed, etc.

Built-in Strategy Templates
Ready-made setups for every market condition:
- Neutral Templates:

- Bullish Templates:

- Bearish Templates:

TradeMate turns hours of manual setup into seconds—build, customize, deploy, and manage advanced strategies with confidence.
RMS Features
Copy linkRMS Features: Advanced Risk Management for Safer Trading
TradeMate delivers professional-grade Risk Management System (RMS) tools to protect your capital and lock in gains automatically. Set precise rules for Max Profit, Max Loss, Time-Based Exits, Profit Protection, and more—fully customizable per strategy across NSE, BSE, and MCX positions.

Max Profit & Max Loss
Secure your targets and limits with automatic exits:
- Max Profit:
- Max Loss:
Time-Based Exit
Schedule automatic closure:
- Set a specific time (e.g., 3:00 PM) to exit open positions.
- Combine with Positions to Exit rules (see below) for targeted exits.
Don’t Sell Exit Position Above
Protect high-premium short legs:
- Enable a price threshold (e.g., ₹500).
- During Max Profit, Max Loss, or Lock & Trail exits, TradeMate skips exiting sell positions priced above your limit.
- Note: Does not apply to master Max Profit/Loss or other exit types.
Max Profit/Loss Check Frequency
Choose how often TradeMate monitors thresholds:
- Every Tick → Checks on every price update (most responsive).
- 1 Minute → Checks at the start of each minute (e.g., 09:16:00, 09:17:00).
- 5 Minute → Checks every five minutes (e.g., 09:20:00, 09:25:00). Aligns to next interval after activation.
Exit Modes (Configurable Separately for Max Profit & Max Loss)
Control execution timing:
- Immediate → Exits instantly when threshold is crossed.
- Delayed Exit → Waits your specified seconds after crossing before exiting.
- Ticks → Requires consecutive ticks beyond threshold (e.g., 5 ticks) before exit; resets if broken.
Positions to Exit (Configurable for Max Profit, Max Loss & Time-Based Exit)
Granular control over what gets closed:
- Exit All Positions
- Exit All Loss-Making Positions
- Exit All Profit-Making Positions
- Exit All Sell Positions
- Exit All Sell Profit-Making Positions
- Exit All Sell Loss-Making Positions
- Exit All Buy Positions
- Exit All Buy Profit-Making Positions
- Exit All Buy Loss-Making Positions
Protect Profit Modes: Lock & Trail Your Gains
Advanced trailing and locking mechanisms:
- Lock Minimum Profit (One-Time):
- Trail Profits:
- Lock & Trail Profits (Combined):
- Trail Max Loss:
TradeMate RMS turns risk management into an automated advantage—protect capital, secure profits, and trade with discipline.
TradeMate: India's Best Options Trading Software for NSE, BSE & MCX
TradeMate is your ultimate options trading platform and algo trading tool, specializing in index options with our cutting-edge TradeFlow Algo. Get comprehensive live trading assistance to streamline your workflow—enjoy lightning-fast execution, real-time MTM alerts, and automated order splitting for hassle-free trades. Build confidence in live or paper trading with pre-built strategies like Straddles, Iron Flies, and Bull Spreads, perfect for high-volume traders (like 50K orders).
Now supporting all major Indian exchanges for seamless auto trading software:
- NSE Indices: Nifty, Bank Nifty, Fin Nifty, Midcap Nifty
- BSE Indices: Sensex, Bankex
- MCX Commodities: Crude Oil, Natural Gas, Gold, Silver, Silver Micro
Ideal for discretionary index options trading in India, with Telegram notifications and RMS for risk control.
What people say about Trademate
- Verified
I switched from Tradeflow Algo to Trademate, and the difference is huge! Trademate gives more control over discretionary trades, and I’ve been able to increase my profits by adjusting trades on the fly. Perfect blend of manual and algo trading!
RRajesh Kapoor18 Oct 2024 - Verified
I have been using this product since a long time and trade directly from option chain is a great feature.
NNilesh20 Sept 2024 - Verified
This is good product and a best TradeFlow Algo Software Alternative. Best in price and features
SSwapnil Patel27 Aug 2024 - Verified
I have been using this tool for some time. Software is quite useful in placing strangle and straddle orders and managing them through one click. Execution is very good without lags. Their customer support is very approachable, considerate and open to feedback. They have lot of upcoming features in the software which is very exciting,looking forward, thanks
Ppravin shekhar16 Mar 2024 - Verified
I've been using TradeMate for the past month, and I must say, I'm thoroughly impressed. The trade execution is top-notch, with features like moving away and moving close, along with other risk management tools that are simply superb. Moreover, the customer support is just amazing. Their team is always approachable and willing to help even after the purchase of the product. I recently requested them to add a feature that would better suit my trading style, and they delivered it exactly as I had hoped.
JJ D (@JD_optiontrader)15 Mar 2024 - Verified
Best tool for hassle free trading on 0DTE, Execution is top notch...
AAshwini Kumar31 Jan 2024
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