Best Free Trading Bots for 2024

Generated with sparks and insights from 18 sources

Introduction

Pionex: Offers 16 free built-in trading bots, including Grid Trading Bot, Leveraged Grid Bot, and Spot-Futures Arbitrage bot. It is user-friendly and suitable for beginners.
Freqtrade: An open-source crypto trading bot written in Python, supporting all major exchanges. It includes backtesting, strategy optimization, and can be controlled via Telegram or webUI.
Gekko: A popular open-source crypto trading bot with a web GUI for backtesting and live trading. It is beginner-friendly and supports many exchanges.
Zenbot: An open-source bot that supports many exchanges and offers detailed backtesting results. It is command-line based and suitable for intermediate users.
Superalgos: A highly visual trading automation platform that integrates various elements required for trading intelligence. It supports backtesting, paper trading, live trading, and forward testing.
Growlonix: Features AI-powered trading bots and a sophisticated trading terminal. It offers unique bots like Hedge Grid Bot and Dual Grid Bot, designed to optimize profits while minimizing risks.
PyCrypto: An open-source bot that supports Binance and Coinbase Pro. It offers features like technical analysis for buy/sell signals and can be configured via command-line arguments or a config file.
OctoBot: A free open-source trading robot supporting many major exchanges. It offers prebuilt strategies, backtesting, paper trading, and can be controlled via a web interface or Telegram.

Features: Offers 16 free trading bots, including Grid Trading Bot, Leveraged Grid Bot, and Spot-Futures Arbitrage bot.
User Experience: User-friendly interface suitable for beginners.
Trading Fee: 0.05% for maker and taker.
Mobile Apps: Available on iOS and Android.
Regulation: Holds a U.S. FinCEN MSB License.

Language: Written in Python.
Features: Supports all major exchanges, includes backtesting, strategy optimization, and can be controlled via Telegram or webUI.
Documentation: Extensive documentation available for setup and usage.
Community: Active community support via Discord.
Usage: Suitable for users with coding and Python knowledge.

Popularity: Most popular open-source crypto trading bot with over 6,000 stars on Github.
Interface: Web GUI for backtesting and live trading.
Features: Supports many exchanges, frequent updates, active community.
Pros: Easy installation, simple user interface, paper/live trading modes.
Cons: Minimal details for backtesting results.

Language: Written in JavaScript.
Features: Supports many exchanges, offers detailed backtesting results, frequent updates.
User Experience: Command-line based, suitable for intermediate users.
Pros: Active community, paper/live trading modes, various notification services.
Cons: No user interface, backtesting can be slow.

Platform: Trading automation and crypto market research platform.
Features: Visual designer for creating trading strategies, built-in backtesting capabilities.
User Experience: Highly visual interface, suitable for understanding complex trading concepts.
Trading Sessions: Supports backtesting, paper trading, live trading, and forward testing.
Community: Token-incentivized project with active community contributions.

Features: AI-powered trading bots like Hedge Grid Bot and Dual Grid Bot.
User Experience: High-level trading terminal with unique order options.
Security: Funds remain in the user’s chosen exchange, API keys are encrypted.
Compatibility: Supports leading exchanges like Binance, Kucoin, Bybit, Bitget, and Kraken.
Trading Methods: Sophisticated DCA and Grid methods, paper trading option available.

Language: Written in Python.
Features: Supports Binance and Coinbase Pro, technical analysis for buy/sell signals.
Configuration: Can be configured via command-line arguments or a config file.
Modes: Offers live and test modes.
Community: Active community support via Telegram.

Language: Written in Python.
Features: Supports many major exchanges, offers prebuilt strategies, backtesting, and paper trading.
User Experience: Integrated web interface, Telegram control, and OctoBot app.
Trading Strategies: Supports DCA, Grid trading, AI trading, and more.
Community: Active community with over 20,000 users.