Best AI Stock Trading Bots and Software

Stock trading can get complicated. You have to look over many stocks, track their technical indicators and determine the best time to enter and exit positions. Traders need plenty of resources to make well-informed decisions, and AI stock trading bots like Streetbeat can help.

Some AI stock trading tools make the trades for you based on a set of parameters you provide (these are called AI stock trading bots) while others make it easier to conduct technical analysis and access pertinent information sooner (think of these like ChatGPT but for the stock market).

The fact of the matter is, AI stock trading software solutions are on the rise, and we're seeing new entrants to the market all the time. But with so many on offer, how do you know which to choose? We've done the testing for you to create a definitive list of the best AI stock trading bots in November 2024.

8 Top AI Stock Trading Bots

• Best for Trading Ideas: Public.com
• Best for Alerts: Signal Stack
• Best for Stock Analysis: MetaStock
• Best for All-in-One Software: TrendSpider
• Best for AI Assistant: Magnifi
• Best for Stock Scanner: Trade Ideas
• Best for Options Trading: BlackBoxStocks
• Best for Auto Trading: Streetbeat

1. Best for Trading Ideas: Public.com

At Public, stock and ETF trades are commission-free, offering $0 commission trading on self-directed individual cash brokerage accounts that trade U.S. listed securities placed online. While trades are free of commissions, other fees may apply, such as regulatory fees, subscription fees, wire transfer fees and paper statement fees. Public also provides users the option to voluntarily tip to support its mission of offering commission-free trades without accepting any payment for order flow (PFOF).

Unlike most online brokers, Public does not participate in payment for order flow on equities trades. PFOF typically involves brokers routing trades to market makers for execution, potentially creating a conflict of interest between the broker and the investor. Public eliminates this conflict by routing all orders directly to exchanges and other execution venues, prioritizing transparency and alignment with its users.

For those looking to expand their portfolios, Public offers access to over 300 select over-the-counter (OTC) stocks, primarily focusing on large-cap international companies. Each stock page on Public includes additional research, data and company-specific analysis, empowering investors to make informed decisions. The platform’s suite of tools is designed to enhance your trading strategies, with features like customizable recurring investments, built-in price alerts and extended-hours trading to provide greater control over your investments.

Public also supports a variety of other investment options, including ETFs, options, bonds and cryptocurrencies, making it a versatile platform for a wide range of investment strategies.

Why We Picked It: Public.com allows you to use the app or site to learn how to trade, get the assistance you need and manage several assets within your portfolio.

2. Best for Alerts: Signal Stack

Many investors set alerts to see when their favorite stocks hit certain price points. Signal Stack can take action based on your alerts and execute orders automatically. You won’t have to frantically rush into your brokerage account to take advantage of the alert. Signal Stack offers 99.99% uptime and transactions that take place within 0.45 seconds.

Signal Stack is a user-friendly AI companion that does not require coding. You can connect Signal Stack with over 20 brokerage firms. Retail investors get access to enterprise-level order execution through the AI stock trading software.

Why We Picked It: Because you can automatically execute trades, complete technical analyses and do not need to do any coding, this platform provides a user0friendly environment for your automated investing.

3. Best for Stock Analysis: MetaStock

MetaStock makes it easy for investors to scan the market for opportunities that align with their criteria. The platform lets traders backtest their ideas to see how well their strategies would have performed in the past. 

Traders can choose from over 150 technical indicators to compare stock trading opportunities. MetaStock accounts also come with basic and advanced charting features. Traders can monitor economic events, social sentiment, market news and other information from the MetaStock dashboard.

Why We Picked It: With over 150 technical indicators, advanced charting and real-time data, you can complete backtesting, create options chains and even invest in forex.  

4. Best for All-in-One Software: TrendSpider

Traders need various resources to make well-informed decisions. However, gathering these resources and accessing multiple dashboards can take up a lot of time. TrendSpider offers a more streamlined approach that can replace all your trading tools with a single software. 

TrendSpider’s AI trading bot can conduct trades based on real-time data on over 65,0,00 assets. Traders can receive dedicated 1-on-1 support and training to capitalize on its features. TrendSpider offers various charts and over 200 indicators to help traders make better decisions.

Why We Picked It: This platform is a favorite because it has over 200 technical indicators, 65,000 assets on the dashboard, charting tools and real-time pricing for ease of use.

5. Best for AI Assistant: Magnifi

Magnifi makes it easy for investors and traders to find investment opportunities. The platform’s advanced search engine makes it easy to find stocks, exchange-traded funds (ETFs) and other assets that align with your search queries. For example, if you want to search for funds that contain Tesla stock or find growth stocks with high revenue growth, Magnifi has you covered for those queries.

Magnifi lets you link various brokerage accounts, such as Robinhood, E*TRADE and others. If you don’t want to invest your money right away, you can store it in a high-yield savings account with a 5% interest rate. Magnifi is a useful research tool that can help investors and traders.

Why We Picked It: You can get customized stock recommendations with this platform, complete commission-free trade, review well over 10,000 investment opportunities and build bots that make the most sense for your strategy.

6. Best for Stock Scanner: Trade Ideas

Trade Ideas is an AI-driven stock charting and charting platform that helps investors filter stocks by several categories, such as the most popular stocks, top gainers, and unusual volume activity. Traders can set up customizable alerts and AI-driven trade signals. Advanced charting and data visualization help traders save time and make well-informed decisions.

Trade Ideas is available on every device and is mobile-friendly. Investors can get a deep dive into individual stocks and use backtesting to see how their trading strategies would have performed in the past. Trade Ideas is well known for its charts and also has Picture-in-Picture Charting, which helps traders detect multiple trends simultaneously. 

Why We Picked It: This platform gives you backtesting, set-up alerts, and advanced scanning. There are also charting options and you can link to a preferred brokerage to make trading that much simpler.

7. Best for Options Trading: BlackBoxStocks

BlackBoxStocks uses automated scanners to help investors discover opportunities in the market. The platform has an options flow scanner that allows retail traders to follow the smart money and capitalize on trends. Traders can set up alerts to receive notifications when stocks reach certain milestones.

BlackBoxStocks also comes with a trading community. You can interact with other traders and discover new strategies that may increase your returns. The trading community features seasoned experts and the ability to listen to live channels. BlackBoxStocks has a Dark Pool scanner that reveals large blocks of trade that take place outside of the public market. 

Why We Picked It: You can use this platform to build bots and get even more with dark pool insights, market alerts, a robust trading community and an options flow scanner. Bringing all this together makes trading more efficient for any type of trader.

8. Best for Auto Trading: Streetbeat

Streetbeat offers auto trading services that allow you to buy into stocks, ETFs, crypto and more. You can use Streetbeat to get all the information you need on any asset and allow the AI technology to do much of the trading for you. Some traders even prefer a mix.

Additionally, the platform makes life simpler for traders with:

• Support for investors of all skill levels
• No trading commissions
• Low minimums (as low as $1)
• Bonus opportunities
• Less than a 1% management fee when using strategies build by Streetbeat

You should be aware that fees could add up on very large accounts, but for the most part, traders can save cash and build a robust portfolio that they don’t need to babysit 24/7 with Streetbeat.

Why We Picked It: This AI technology on this site allows you to leave your portfolio behind while you go about your life and work. You get real-time data, and you will enjoy a more personalized experience than most other platforms.

What is AI Stock Trading Software?

AI stock trading software incorporates machine learning algorithms to match traders with better investment opportunities. These tools make it easier for traders to filter through information to find the best stocks. Some of these tools conduct the buy and sell orders for traders based on pre-established criteria. Stock trading software often comes with advanced charting tools, many technical indicators and key data points.

Criteria for Evaluating AI Stock Trading Bots 

Traders can choose from many AI stock trading bots. These are some of the factors to consider before committing to a software platform. 

Accuracy and Reliability of Stock Predictions

Traders should review the stock predictions and see if they are accurate and contain up-to-date information. Some AI stock trading software does not update in real time or may lack accurate information. Comparing the platform’s results with the information you find online can help you verify the accuracy of its stock predictions. Once you verify an AI stock trading bot is legitimate, it becomes easier to trust its data. 

Portfolio Customization Options

The best AI stock trading bots lets you customize your investment strategy based on your financial goals. You can filter out many investment opportunities and act on the trades that work best for you.

Real-Time Data Analysis Capabilities

Traders should receive real-time information instead of asset prices that get updated every 20 minutes. Real-time information allows traders to make quick decisions and capitalize on short-term opportunities right away.

User-Friendly Interface and Customizable Settings

The software should be easy to use across multiple devices. You shouldn’t have to rely on a desktop to have a seamless experience. Many of the top platforms have mobile applications.

Integration With Popular Brokerage Platforms

Integration with popular brokerage platforms can save you time and lets you do everything from one dashboard. Platforms that do not integrate with brokerage firms force you to have another tab open to make trades. It’s better to get a streamlined experience than to feel as if you need multiple windows open to execute trades.

Using Artificial Intelligence to Guide Your Trades

AI stock trading software can make your life easier as a trader. These platforms give you quicker access to information and can execute trades automatically based on your parameters. The industry has been heating up, so traders have more choices than before. Comparing the tools and knowing what you want can help you find the right choice.

Frequently Asked Questions