---
title: "TradeMate: Multi-Expiry Option Chain Software · MyAlgoMate"
source: https://myalgomate.com/products/trademate
retrieved: 2026-11-15
publisher: MyAlgoMate (Myalgomate Technologies LLP, Rajkot, India)
---

1. [Home](https://myalgomate.com/)
2. [Products](https://myalgomate.com/products)
3. TradeMate

// PRODUCT

# TradeMate: Multi-Expiry Option Chain Trading Software

TradeMate is MyAlgoMate's option chain trading software for index options on NSE and BSE and commodity options on MCX. It is for traders who trade several expiries at once and want one-click orders, position tools and automatic risk rules. It runs on your own Windows PC or your own cloud server.

(Image: TradeMate intro video) (Image: TradeMate — main screen) (Image: TradeMate — option chain) (Image: TradeMate — chain orders) (Image: TradeMate — position books) (Image: TradeMate — risk tab) (Image: TradeMate — atm straddle) (Image: TradeMate — rolling rules) (Image: TradeMate — payoff graph) (Image: TradeMate — mtm history)

[Start 7 days free trial](https://myaccount.myalgomate.com/user/account/free-trial/3) [Buy now](https://myaccount.myalgomate.com/3) [Chat on WhatsApp](https://wa.me/918866122446?text=Hi%2C%20I%20came%20across%20your%20website%20and%20would%20like%20to%20know%20more%20about%20TradeMate.) 💬 Ask about this [User guide](https://myalgomate.com/guide/trademate) Reviews · 5.0★ (15)

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## What is TradeMate?

Option chain trading software lets you place and manage options orders straight from a live option chain. TradeMate is a Windows desktop application for index options and MCX commodity options: it shows several expiries of an index at once, places straddles, strangles and single legs in one click, and applies the stop loss, target and rules you set. It costs from ₹2,500 a month per trading account on the annual plan (+ GST). Every entry is your own decision — TradeMate never decides what to trade. MyAlgoMate provides technology only, not investment advice.

## Key facts

**Price**

From ₹2,500 a month per trading account on the annual plan (+ GST)

**Runs on**

Windows desktop application

**Indices**

NIFTY, BANKNIFTY, FINNIFTY, MIDCPNIFTY, SENSEX and BANKEX options

**Commodities**

MCX Gold, Gold Mini, Silver, Silver Mini, Crude Oil, Crude Oil Mini and Natural Gas options

**Expiries**

Several expiries of one index live at once, each with its own rules

**Orders**

One-click straddles, strangles and single legs from the option chain

**Risk controls**

Per-position stop loss, target and trailing; rules on MTM, ATM straddle premium and the index

**Paper trading**

Yes — Paper mode, no order reaches your broker

**Free trial**

7 days

**Your decisions**

Every entry comes from you; TradeMate acts only on rules you set

Last updated: 11 November 2026

// PRICING

## Plans

Pay for the tools you use. All prices in INR, exclusive of GST.

Best value

Annual

₹2,500/mo

billed ₹29,999 /yrSave 37%

[Buy now](https://myaccount.myalgomate.com/3)

Prices in INR, ex-GST

Quarterly

₹3,333/mo

billed ₹9,999 /quarterSave 17%

[Buy now](https://myaccount.myalgomate.com/3)

Prices in INR, ex-GST

Monthly

₹3,999/mo

billed monthly

[Buy now](https://myaccount.myalgomate.com/3)

Prices in INR, ex-GST

Price is per client ID — one subscription is needed for each trading account (client ID).

// OPTIONS TERMINAL

## An options trading terminal for Indian brokers

TradeMate is a Windows desktop application for trading index options and MCX commodity options from a live option chain, with several expiries of an index open at once. You place orders in one click or from the keyboard, and each order goes to your broker through the broker’s official API.

// BROKERS

## Works with 155 brokers

Search for yours — connecting takes minutes, not a development project.

Including Zerodha, Angel One, Upstox, Dhan, Fyers, Kotak Neo, Groww, Alice Blue, R Money, 5 paisa, A.G.Shares And Securities, Abira Securities, AC Agarwal, Achintya Securities, Adroit Financial and more.

155 brokers

[View all 155 supported brokers →](https://myalgomate.com/products/trademate/brokers)

// LEARN

## Learn TradeMate

Short, step-by-step video lessons — pick any one to watch.

### A — Product introduction

2 videos

(Image: Video: What Is TradeMate? One-Click Option Chain Trading Software)

01 · What Is TradeMate? One-Click Option Chain Trading Software

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(Image: Video: TradeMate Features: Straddle, Hedge, Roll and Stop Loss in One Screen)

02 · TradeMate Features: Straddle, Hedge, Roll and Stop Loss in One Screen

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### B — Install and connect

4 videos

(Image: Video: How to Install TradeMate and Sign In: Paper vs Live Trade)

03 · How to Install TradeMate and Sign In: Paper vs Live Trade

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(Image: Video: TradeMate Main Screen Tour: Session Bar, Option Chain and Position Books)

04 · TradeMate Main Screen Tour: Session Bar, Option Chain and Position Books

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(Image: Video: How to Log In to Your Broker in TradeMate: Accounts, TOTP and Live Feed)

05 · How to Log In to Your Broker in TradeMate: Accounts, TOTP and Live Feed

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(Image: Video: TradeMate Static IP and Proxy Setup, and How to Renew Your Subscription)

06 · TradeMate Static IP and Proxy Setup, and How to Renew Your Subscription

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### C — Settings before you trade

4 videos

(Image: Video: TradeMate Settings: How to Choose Indices and Expiries for Option Trading)

07 · TradeMate Settings: How to Choose Indices and Expiries for Option Trading

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(Image: Video: TradeMate Quantity Settings: Lots and Max Qty per Order Explained)

08 · TradeMate Quantity Settings: Lots and Max Qty per Order Explained

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(Image: Video: TradeMate Order Settings: Limit Price, Buffer and Retry Explained)

09 · TradeMate Order Settings: Limit Price, Buffer and Retry Explained

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(Image: Video: TradeMate ATM Settings, Order Confirmations and Telegram Alerts)

10 · TradeMate ATM Settings, Order Confirmations and Telegram Alerts

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### D — Trading from the option chain

6 videos

(Image: Video: Paper Trading in TradeMate: Paper Mode and the Risk Agreement)

11 · Paper Trading in TradeMate: Paper Mode and the Risk Agreement

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(Image: Video: How to Read the Option Chain in TradeMate: Straddle, Strangle, Range, ATM)

12 · How to Read the Option Chain in TradeMate: Straddle, Strangle, Range, ATM

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(Image: Video: How to Place Your First Option Order in TradeMate (Buy, Sell, Exit))

13 · How to Place Your First Option Order in TradeMate (Buy, Sell, Exit)

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(Image: Video: Hedge on Sell in TradeMate: Hedged Straddle and Exit with Hedge)

14 · Hedge on Sell in TradeMate: Hedged Straddle and Exit with Hedge

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(Image: Video: TradeMate RB Box: Type an Order, Arm It at a Price, Watch It Fire)

15 · TradeMate RB Box: Type an Order, Arm It at a Price, Watch It Fire

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(Image: Video: Option Trading with Keyboard Shortcuts in TradeMate: Arrow Keys, B, S, E)

16 · Option Trading with Keyboard Shortcuts in TradeMate: Arrow Keys, B, S, E

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### E — Positions and risk

8 videos

(Image: Video: TradeMate Position Book: Sell, Buy, Closed, Filters, Group and CSV Export)

17 · TradeMate Position Book: Sell, Buy, Closed, Filters, Group and CSV Export

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(Image: Video: How to Roll an Option Position in TradeMate: Away, Close, Away 2, Move To)

18 · How to Roll an Option Position in TradeMate: Away, Close, Away 2, Move To

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(Image: Video: TradeMate Exit and Add by Size, Quick Exit and Timed Exit Explained)

19 · TradeMate Exit and Add by Size, Quick Exit and Timed Exit Explained

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(Image: Video: Stop Loss, Target and Trailing Stop Loss in TradeMate: On Hit Away, At Broker)

20 · Stop Loss, Target and Trailing Stop Loss in TradeMate: On Hit Away, At Broker

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(Image: Video: MTM Stop Loss and Target in TradeMate: Total MTM Rules and Trailing)

21 · MTM Stop Loss and Target in TradeMate: Total MTM Rules and Trailing

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(Image: Video: ATM Straddle Stop Loss and Target Rules in TradeMate: Premium Based)

22 · ATM Straddle Stop Loss and Target Rules in TradeMate: Premium Based

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(Image: Video: Price Check and Price Difference in TradeMate: Auto Offset and Adjustments)

23 · Price Check and Price Difference in TradeMate: Auto Offset and Adjustments

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(Image: Video: TradeMate Rolling Rules: Straddle Band, Points or Manual, Both Legs Roll)

24 · TradeMate Rolling Rules: Straddle Band, Points or Manual, Both Legs Roll

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### F — Monitor, housekeeping and walkthrough

5 videos

(Image: Video: TradeMate Session Bar and Index Summary: Spot, Syn Fut, ATM Straddle, MTM)

25 · TradeMate Session Bar and Index Summary: Spot, Syn Fut, ATM Straddle, MTM

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(Image: Video: How to Read the Payoff Graph in TradeMate: Break-even, What If and MTM History)

26 · How to Read the Payoff Graph in TradeMate: Break-even, What If and MTM History

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(Image: Video: How to Read the Order Book, Messages and Logs in TradeMate: Filters, Cancel)

27 · How to Read the Order Book, Messages and Logs in TradeMate: Filters, Cancel

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(Image: Video: TradeMate Updates, Reset and Closing the App: What Survives a Restart)

28 · TradeMate Updates, Reset and Closing the App: What Survives a Restart

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(Image: Video: A Full Trading Day in TradeMate: Sign-In to Square-Off in Paper Mode)

29 · A Full Trading Day in TradeMate: Sign-In to Square-Off in Paper Mode

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[See all MyAlgoMate video tutorials →](https://myalgomate.com/tutorials)

// HIGHLIGHTS

## Option chain trading features

The capabilities that matter most — the rest is configurable in detail below.

### Trade from the option chain

Buy or sell a call, a put, or both together, straight from a live option chain.

### Several expiries at once

Trade the weekly and the monthly of the same index side by side, each with its own rules.

### One-click straddles and strangles

One button places both legs of a straddle, a strangle or a custom pair of strikes.

### Price Check and Price Difference

Move a sell leg out when its premium hits your level, or when the gap between both legs widens.

### Hedge on every sell

Turn on Hedge and each sell first buys a protective leg further out, then sells.

### Roll a leg in one click

Move a position one or two strikes away or closer, or to any strike you pick.

### Stop loss, target and trailing

Set them per position, arm new positions automatically, and keep the stop at your broker.

### Rules on ATM premium, MTM and the index

Act when your total MTM, the ATM straddle premium, or the index itself reaches your level.

### Timed exits

Exit 25%, 50%, 75% or all of your positions at a time you choose.

### Smart limit orders

Limit prices with a buffer, automatic price revision until filled, and retry on rejection.

### Payoff graph and MTM history

See your positions' payoff with what-if sliders, and your MTM through the day on a chart.

### Paper trade first

Run the whole workflow in Paper mode before any real order reaches your broker.

// EVERY SETTING

## Every setting, explained

Every feature, explained at a functional level — pick any one to read how it works in the panel below.

### Option chain

- Live option chain // OPTION CHAIN ### Live option chain Copy link (Image: Live option chain) The [option chain](https://myalgomate.com/glossary#option-chain) is where you trade. It shows one index and one expiry, both picked from the tile at the top left. Each row shows the call on the left, the strike in the middle and the put on the right. A **Combined** band on the right shows both legs of the row together. It has three modes: | Mode | What each row holds |
| --- | --- |
| Straddle | The call and the put at the same strike |
| Strangle | A call strike and a put strike the same distance either side of ATM |
| Custom | A call strike and a put strike you choose yourself, row by row | - **range** sets how many strikes show either side of the [ATM](https://myalgomate.com/glossary#at-the-money) row, from 0 to 200. The default is 10. It used to be two boxes, one for above and one for below. It is a single number now, and it is used both ways.
- **In [Strangle](https://myalgomate.com/glossary#strangle) mode the chain lists only the strikes below ATM.** A strangle is a call and a put either side of the money. So the row you pick is a distance, not a single strike. Listing both halves of the ladder only made the list twice as long.
- The chain does not re-centre by itself, so rows never jump under your mouse. Press **ATM ⟳** to bring the ladder back to the live ATM.
- The ATM row is highlighted and in-the-money cells are shaded.
- In [Straddle](https://myalgomate.com/glossary#straddle) mode, thin **Spot** and **Syn Fut** lines show where the live spot and the [synthetic future](https://myalgomate.com/glossary#synthetic-future) sit between two strikes.
- A small green or red pill next to a strike shows your open quantity there.
- The chain names the index and expiry its rows belong to, above the strike column. It changes only when the new rows arrive, so it always describes the prices you are looking at.
- While you are switching to another index or expiry, a **LOADING** strip says which one is on its way. The rows you can still see are dimmed. The order buttons stay off until the new prices land.
- Prices update live. If the feed drops, a banner says the values may be old until it reconnects. **Columns.** [LTP](https://myalgomate.com/glossary#last-traded-price) and Strike always show. You can show or hide Buy, Sell, **RB**, PNL, Exit, Move, Qty and Delta for each leg, and Buy, Sell, **RB**, LTP, Exit, Net Qty, PNL and Qty for the combined pair. A call column always shows with its put partner. [Full walkthrough in the user guide](https://myalgomate.com/guide/trademate#chain-modes) [Chat on WhatsApp about this](https://wa.me/918866122446?text=Hi%2C%20I%20came%20across%20your%20website%20and%20would%20like%20to%20know%20more%20about%20TradeMate.)
- One-click orders from the chain
- Type an order straight into the row
- Hedge on sell
- Move your shorts to a strike
- Keyboard trading

### Positions

- Three position books
- Exit and add in one click
- Roll a leg
- Timed exits

### Risk

- Stop loss and target on each position
- Trailing stop loss
- MTM stop loss and target
- ATM straddle stop loss and target

### Rules

- Rolling rules
- Price rules

### Orders

- Smart limit orders
- Retry rejected orders
- Order book

### Monitoring

- Payoff graph
- MTM history
- Index summary
- The session bar
- Telegram alerts

### Platform

- Paper trade
- Indices and commodities
- Your screen, your way

[Open the full user guide →](https://myalgomate.com/guide/trademate)

// FAQ

## TradeMate FAQ

### What is TradeMate?

TradeMate is a Windows desktop application for trading index options and MCX commodity options. You choose the trades. TradeMate gives you a live option chain to place them from, tools to manage the positions, and rules that act on levels you set.

### Does TradeMate trade on its own?

No. Every entry comes from you. TradeMate only acts by itself on rules you have set up, such as a stop loss, a target, a timed exit or a rolling rule. It never decides what to trade.

### Which indices and commodities can I trade?

NSE: NIFTY, BANKNIFTY, FINNIFTY and MIDCPNIFTY. BSE: SENSEX and BANKEX. MCX: GOLD, GOLD M, SILVER, SILVER M, NATURAL GAS, CRUDE OIL and CRUDE OIL M. You pick the ones you want each day before you start.

### Can I trade more than one expiry of the same index?

Yes. Tick as many expiries as you want in Settings ▸ Instruments and TradeMate trades them side by side. The weekly and the monthly of NIFTY can be live together, each with its own chain, its own ATM straddle and its own rules. How many chains you can run at once is set by your broker plan.

### Can I place a straddle or strangle in one click?

Yes. The option chain has three modes: Straddle, Strangle and Custom. The B or S button in the Combined band places both legs of the row at once, whether that is a straddle, a strangle or a custom pair of strikes. With Auto arm on, new positions get your stop loss, target and trailing by themselves.

### Can I roll a short leg to another strike?

Yes. Use the Move column on the row of the strike you want. 1 moves all of your other shorts on that side (CE or PE) to that strike, and 1/2 moves half of each. Each position is closed and opened again at the new strike. Only positions with the same index, product and expiry are moved.

### Which brokers does TradeMate work with?

More than 130. The ones most people ask about are Zerodha, Angel One, Upstox, Dhan, Groww, Fyers, AliceBlue, Finvasia (Shoonya), HDFC Securities, Kotak Neo, Motilal Oswal, Nuvama, Sharekhan, SMC and Ventura.

Most of the rest are reachable through the trading platforms they run on. TradeMate supports XTS, GreekSoft and ODIN, so a broker on any of those usually works even if it is not named here. Pick your broker from the list on the login screen. If it is missing, ask on WhatsApp.

### Can I try it without real orders?

Yes. Choose **PAPER TRADE** on the sign-in screen. The option chain, the books and the rules all work, but orders are simulated inside TradeMate and nothing reaches your broker. You still log in to your broker, because the prices come from its live feed.

### What happens to my stop loss if I close TradeMate?

It depends on one switch. A stop loss with **At broker** turned on rests as a real order with your broker, so it still works when TradeMate is closed. Everything else, including targets, trailing and rules, runs inside TradeMate and stops when TradeMate stops.

### Can I change my indices during the day?

Yes. Switch an index or an expiry on or off whenever you like, from the tile at the top left or in Settings. There is no START button and no restart. A new one takes a few seconds to get its prices. TradeMate refuses to switch one off while it still holds an open position or an armed rule.

### Do my rules stay set after a restart?

No, and that is on purpose. Armed stop losses, targets, trailing, ATM and MTM rules, rolling rules and price rules all start fresh each time. The values you typed as defaults are kept, so re-arming takes a click.

### Does TradeMate tell me what to trade?

No. MyAlgoMate provides technology only. TradeMate carries out what you tell it to do.

// REVIEWS

## What people say about TradeMate

5.0

15 reviews

5★15

4★0

3★0

2★0

1★0

- Verified ### Convenient tools for intraday options trading > The option chain, multi-expiry functionality and quick order controls bring several useful tools together. Position management is also convenient during active market hours. Pranav Mehta2 Nov 2026
- Verified ### Multiple options trading tools in one place > The option chain, multi-expiry support and quick order controls are useful features. Having position management and risk configurations together makes the trading workflow more convenient. Akash Joshi30 Oct 2026
- Verified ### Handy tool for options trading > Option chain, quick order placement and position controls are all available in one place. Risk settings are also useful when running a predefined options setup. Jay Mehta20 Oct 2026
- Verified ### Handy options trading platform with useful controls > Having the live option chain, strategy tools and risk controls together is convenient. The different configuration options are useful for setting up my trading workflow. Saurabh Shah9 Oct 2026
- Verified ### Useful platform for discretionary options trading > I like having the option chain, strategy tools and execution controls together in one platform. It makes managing an options setup more convenient without switching between multiple tools. Anuj Sharma28 Sept 2026
- Verified ### Handy platform for options trading > The live option chain and one-click strike selection are quite convenient. TradeMate also has useful strategy templates and RMS controls, which keeps the overall trading setup in one place. Jignesh Mehta17 Sept 2026
- Verified ### Good options trading software with useful controls > The live option chain and one-click strike selection make TradeMate convenient for regular options trading. I also found the strategy templates and RMS settings useful for managing the complete trading setup. Hitesh Shah15 Sept 2026
- Verified ### Good options trading software with useful controls > TradeMate has several useful features for options traders, especially the strategy templates and live option chain. I found the RMS controls and position management options quite helpful for managing my trading setup. The interface has many settings, but after spending some time with it, everything becomes easier to understand. Overall, a practical options trading platform. Rahul Joshi12 Sept 2026
- Verified ### Feature-rich options trading platform for Indian markets > I have been exploring TradeMate for options trading and liked the number of controls available in one dashboard. It supports NSE, BSE and MCX and has different strategy templates and entry modes. The paper trading option is useful for checking the setup before using it in live trading. I also liked the RMS controls, MTM monitoring and Telegram alerts. Features like custom strike selection, order splitting and one-click position management make the platform useful for traders who prefer having more control over their execution settings. The platform has many options, so spending some time understanding the configuration is recommended. Jay Patel10 Sept 2026
- 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! Rajesh Kapoor18 Oct 2024
- Verified > I have been using this product since a long time and trade directly from option chain is a great feature. Nilesh20 Sept 2024
- Verified > This is good product and a best TradeFlow Algo Software Alternative. Best in price and features Swapnil 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 pravin 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. J D (@JD_optiontrader)15 Mar 2024
- Verified > Best tool for hassle free trading on 0DTE, Execution is top notch... Ashwini Kumar31 Jan 2024

Read all 15 reviews

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## Ready to try TradeMate?

Set up in minutes, automate without code — with a team that answers.

[Buy now](https://myaccount.myalgomate.com/3) [WhatsApp us](https://wa.me/918866122446?text=Hi%2C%20I%20came%20across%20your%20website%20and%20would%20like%20to%20know%20more%20about%20TradeMate.)

---
MyAlgoMate is a technology provider: its software automates the user's own trading rules. It does not give
trading tips, calls or investment advice and never promises returns. Site map for AI assistants:
https://myalgomate.com/llms.txt
