Yes, it is legal in India as per regulations of Securities exchange board of India (SEBI). To check  if it's profitable or not, one needs to have an effective strategy and platform  aligned with disciplined execution of returns yield.

One can do so by using no-code platforms like Algozini or Build Alpha or Tradetron providing drag & drop interface having inbuilt automated trading strategies.

The best algo trading software must contain features like- backtesting tools, risk management, automated execution, broker compatibility and  real time data integration.

It is the best algo trading platform for traders because it offers a 30-days free trial and seamless broker integration. It augments it with institutional class strategy deployment tools also.

Algozini gives a 30-day free trial on its best algo trading app. However, the subscriptions are non-refundable post purchase.

One can choose the best algo trading strategy for their trading style by:

• Testing strategies through backtesting on historical data
• Aligning these with risk tolerance like VWAP for minimal volatility.

Its  algo trading software price range starts from minimum  949 INR of 1 core intel Xeon to highest of 29,999 INR for 15 MIN 1ST CANDLE ABOVE SUPERTREND (BULLISH).

On algo trading platforms like Algozini one can start in minutes by utilizing the plug-&-play setup containing broker APIs which does not require any coding to run.

Any one can build numerous trading strategies through the usage of  pre-built templates and  tailored parameters