Where they overlap
- Rule-based options strategies defined without code.
- Multi-leg structures with per-leg risk settings.
- Backtesting against historical data.
- Deployment to your own broker account — neither holds your funds.
- The same broker-imposed requirements — a registered IP and a daily login.
Where the differences sit
| Arthalab | What to verify independently | |
|---|---|---|
| Pricing model | One plan, ₹599 against ₹1,499 list, plus 18% GST, 30 days | Their current pricing page |
| Static IP | Included in the plan | Whether theirs bundles one |
| Markets | NIFTY and SENSEX index options | Their instrument coverage |
| Backtests | 10 per day, failed runs refunded | Their limit and whether failures are charged |
| Simultaneous strategies | 3, paper bots included in the count | Their limit, and whether paper counts |
| Analyst strategies | SEBI-registered RA strategies, no extra fee, no profit share | Whether theirs charges separately |
| Free trial | 3 days, full access, once per account | Their trial terms |
The three questions that usually decide it
1. What does the whole setup cost?
2. Can it express your exact strategy?
3. What happens on a bad day?
- What happens if one leg of a multi-leg order is rejected?
- Do the logs record decisions, or only completed trades?
- Is the broker's raw error message preserved?
- Is there a kill switch that stops all order placement?
- What happens to a running bot after market close?
What Arthalab does on those five
| Question | Answer |
|---|---|
| Leg rejected | A configurable square-off-all-legs rule closes the rest |
| Logs | Every evaluation recorded, including days with no trade |
| Broker errors | Preserved verbatim, not replaced with a generic message |
| Kill switch | A force stop that blocks all order placement for the account |
| After close | Bots switch off; the scheduler can auto-start them next session |
Trialling both fairly
Build one real strategy on each
Backtest the same date range
Deliberately cause a rejection
Run the morning routine for a week
Price the full setup on both
When a different category fits better
- Equities or a stock universe scan — an indicator-and-scan platform suits better.
- Cross-asset or arbitrary conditional logic — a general rule engine is the right category.
- Discretionary one-off positions — an analytics tool rather than an automation platform.
The short version
- The overlap is most of the product — decide on the differences
- Price the whole setup, including a static IP wherever it is not bundled
- Build your real strategy during the trial, not a simplified one
- Ask what happens when a leg is rejected — the answer is revealing
- If your strategy is not index options, neither platform is the right category
Frequently asked questions
They overlap substantially — both automate rule-based options strategies on Indian indices. The decision usually comes down to total setup cost, whether your exact strategy builds on either, and how each behaves when something goes wrong.
Arthalab is ₹599 plus GST for 30 days with a static IP included. For their current pricing, check their own page — and add an IP to whichever side does not bundle one before comparing.
Yes, with per-leg risk settings. The edge cases differ, which is why building your actual strategy during a trial matters more than reading a feature list.
Neither. Orders go to your own broker account and your funds stay with your broker throughout.
Your real strategy, the same backtest range on both, and a deliberate rejection so you can read the logs. That last test separates platforms faster than anything else.
Yes, with separate strategies. What to avoid is two platforms placing orders into the same broker account without knowledge of each other.
Yes, on the self-serve brokers — that requirement comes from the broker, not the platform. On Arthalab, XTS is the exception, as its session is renewed server-side.
Start with a free 3-day trial
Build a strategy, backtest it and run it on paper — no broker, no IP and no money needed to try it.
