
Zerodha Streak Algo Trading Platform Review, Features, Charges, Demo
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Frequently Asked Questions
1. What are the key features of Streak mobile app?
In October 2020, Zerodha has launched all new Streak 4.0 mobile app. The completely redesigned platform comes with below features;
- Elegant and intuitive user interface.
- Technical snapshot of each stock, you want to trade in.
- Strategies with My strategies, My Picks, and Discover options.
- 2 in-built Basic and Advanced create strategy options.
- Scanners to scan market, sector, or stocks.
- Orderbook, portfolio, and profile details.
2. What is the Zerodha Streak cost?
No charges, Zerodha has made Streak platform free accesssible for all users.
Streak platform allows you to run scanners, place direct orders, backtest strategies, and virtually deploy strategies in live market.
3. Is Streak by Zerodha fully automated?
No, Streak is not an automated trading platform, it is a semi-automated algo trading platform. You can create algos and deploy them in the market and receive a one-click order placement notification. Zerodha does not allow fully automated trading and this is the main drawback of the platform.
4. How to access Zerodha Streak Platform?
The Streak Platform can be accessed over web browser or user can download the Streak mobile app on Android and iOS. If you are a zerodha customer then you can login to the Zerodha Streak platform using Kite login credential, otherwise, can login with Facebook or Google account.
5. Is Streak by Zerodha safe?
Zerodha streak is a safe platform to use with secured login encryption. Further, Zerodha is a member of SEBI, BSE, NSE, MCX, and CDSL therefore, regulated by all the regulatory authorities regularly.
6. Which exchange I can trade on using Zerodha Streak Platform?
You can only trade on NSE Stock exchange using Zerodha Streak Platform.
7. Can I use Zerodha Streak for algo-trading in Commodities on MCX?
Zerodha Streak platform Ultimate plan is available to perform algo-trading in commodities (MCX) segment.
8. Is Arbitrage auto-trading allowed on Streak?
Streak Platform does not support arbitrage trading.
9. How many Technical Indicators are available in Streak?
More than 60 technical Indicators are available and more will be introduced soon.
10. Can I create my own strategy on Zerodha Streak?
Yes, you can design your own strategy using the Zerodha Streak Strategy creator.
11. How to build a strategy on streak?
You can define your Strategy Conditions using Standard Candle OHLC values and technical Indicators.
12. What is Zerodha Streak?
Zerodha Streak 3.0 is an Algo trading platform to facilitate automated trading facilities to users. Using the Streak platform, users can design their own Algos, backtest it, and apply the strategy on intraday trading. The best part is that Zerodha Streak enables users to perform algorithm trading without even having any programming or coding knowledge as the platform doesn’t require any coding. To start Algo trading with Zerodha, initially, users can access the free 7 day trial period and later, can subscribe to any plan among Basic, Premium, and Ultimate as per their requirements.
13. Is Zerodha Streak Free?
No, Zerodha provides a 7-day free trial to users to use the Streak platform to perform up to 20 backtesting, 20 scans, and 2 live deployments. Thereafter, the platform charges a nominal fee per month + GST from users to continue its usage.
Zerodha Streak Subscription Plans
- Basic Plan: Up to 200 backtesting per day and 25 live algos at a time are free for Zerodha clients till 31st July 2018. However, it will be charged at Rs 500 +GST per month from 1st August onwards.
- Premium Plan: Up to 500 backtesting per day and 50 live algos at a time at Rs 900 +GST per month.
- Ultimate Plan: Up to 1000 backtesting per day and 100 live algos at a time and 30 mins call with an expert at Rs 1400 +GST per month.
Above 3 Streak subscription plans comes with different features and benefits, customers are free to choose anyone.
14. How Zerodha Streak works?
Algo Trading with Zerodha Streak can be done in 3 simple steps;
- Login to the Streak platform web or mobile app.
- Create or set up an algorithm.
- Backtest the algorithm designed.
- Apply the Algo trading.
15. Does Zerodha provide Streak Mobile App?
Yes, Zerodha provides Streak Mobile app that is available on Play store as well as the App Store to download the app on Android and iOS devices.
