Why traders look for an Opstra alternative
- Broker: Opstra is part of Definedge Securities and works with Definedge accounts.
- Automation: Opstra is built for analysis and manual trading, while traders who follow fixed rules want them to run on their own.
- Free plan limits: on the free plan, several dashboards update every 15 minutes. Faster data and backtesting need the paid Pro plan.
What QuantPower offers instead
| What you need | Opstra | QuantPower |
|---|---|---|
| A broker other than Definedge | Not available | Zerodha, Fyers, Upstox, IIFL Capital, Wisdom Capital |
| Option chain, OI and Greeks | Yes, a core strength | Advanced option chain and options analytics |
| Strategy builder | Yes | Yes, with automated deployment |
| Backtesting | Pro plan | Standard free during the Beta; see pricing |
| Strategies that run automatically | Not the focus | Algo bots that run your own strategies, plus ready-made strategy templates you edit and run as your own |
| Orders from TradingView alerts | Not available | Signal trading |
| One stop loss for all positions | Not available | MTM stop loss |
QuantPower plans
| Plan | Monthly price | Algo bots |
|---|---|---|
| Standard | Proposed ₹299, GST extra | Final allowance pending; see pricing |
| Professional | Proposed ₹499, GST extra | Final allowance pending; see pricing |
| Ultimate | Proposed ₹999, GST extra | Final allowance pending; see pricing |
QuantPower prices exclude GST.
When Opstra is still the better choice
If you trade with Definedge and want deep analytics such as volatility skew and surfaces, Opstra is a strong tool, and its Pro fee is credited to your Definedge wallet for brokerage.
Switching in five steps
- Write down each strategy's instrument, legs, entry and exit rules and position size.
- Rebuild it in the strategy builder.
- Backtest it and compare the results with Opstra.
- Run it in paper trading for a few weeks.
- Stop the Opstra deployment before going live on QuantPower, so the same signal does not trade twice.
For a full comparison, see Opstra vs QuantPower.
Start your free trial
Connect your broker, build a strategy and test it on paper before a single live order goes out.
Frequently asked questions
Is there an Opstra alternative for Zerodha users?
Yes. QuantPower works with Zerodha and five other brokers, with an option chain, strategy builder, backtesting and algo bots.
Is Opstra free?
Opstra's basic plan is free for Definedge demat holders. The Pro plan adds backtesting, a simulator and faster data; check Opstra's site for the current price.
Does QuantPower offer options backtesting?
The QuantPower Standard plan is free during the Beta (₹299/month after); Professional is ₹499/month and Ultimate ₹999/month, GST extra. See pricing.
Sources
- TradingView Help Center, documentation on alerts and webhooks (tradingview.com)
- Opstra: pricing and feature pages on each provider's website (checked 10 October 2026)