Definedge Securities Unveils ALGOSTRA: India's First Customizable Retail Algo Trading Platform
Definedge Launches ALGOSTRA - Zero-Fee Retail Algo Trading

Definedge Securities Introduces ALGOSTRA: A Revolutionary Retail Algo Trading Platform

In a significant development for India's financial markets, Pune-based brokerage firm Definedge Securities Broking has officially launched ALGOSTRA, a groundbreaking algorithmic trading platform designed specifically for retail traders. This announcement comes just three months after the Securities and Exchange Board of India (SEBI) implemented its October 2025 framework that formally opened algorithmic trading to the country's retail investor base.

India's First Fully Customizable Retail Trading Automation Platform

Positioned as India's first fully customizable retail trading automation platform, ALGOSTRA distinguishes itself with a zero platform fee structure, making advanced trading technology accessible to individual investors. According to the company's official statement, this platform represents a democratization of trading tools that were previously dominated by institutional players.

Prashant Shah, CEO and Co-founder of Definedge Securities, emphasized the platform's capabilities, stating: "ALGOSTRA empowers traders to convert their trading strategies into fully automated systems with complete transparency." This functionality allows retail investors to implement systematic approaches without requiring extensive programming knowledge.

Addressing the Retail-Institutional Divide in Algorithmic Trading

The launch addresses a significant disparity in India's financial markets. While institutional investors and proprietary traders have long utilized algorithmic trading strategies—generating 97 per cent of Foreign Portfolio Investor (FPI) profits and 96 per cent of proprietary trader profits in Futures and Options (F&O) during FY24, according to SEBI's own study—retail investors have remained largely excluded from these systematic advantages.

ALGOSTRA's introduction aims to level the playing field by providing retail traders with sophisticated automation tools that can execute complex strategies based on predefined parameters, market conditions, and technical indicators.

Key Features and Market Implications

The platform's launch following SEBI's regulatory framework indicates a maturing of India's financial technology landscape. Key aspects of ALGOSTRA include:

  • Complete customization allowing traders to tailor algorithms to their specific strategies
  • Zero platform fees eliminating a significant barrier to entry for retail participants
  • Transparent execution providing clear visibility into automated trading processes
  • Accessibility to systematic trading approaches previously reserved for institutional players

This development represents a notable shift in India's trading ecosystem, potentially increasing retail participation in algorithmic strategies that have demonstrated profitability in institutional contexts. As more retail investors gain access to these tools, market dynamics may evolve toward greater efficiency and sophistication among individual traders.

The timing of ALGOSTRA's launch—just three months after SEBI's regulatory approval—demonstrates Definedge Securities' rapid response to regulatory changes and their commitment to expanding trading opportunities for India's growing retail investor community.