AmiBroker alternatives

3 tools to consider instead of AmiBroker, shown against it.

AmiBroker MetaStock QuantConnect Portfolio123
Vendor AmiBroker.com MetaStock (Innovative Market Analysis, LLC) QuantConnect Corporation Portfolio123
Pricing model Subscription Subscription Free tier + paid plans Subscription
Free tier No No Yes No
Deployment Self-hosted Self-hosted Cloud, Self-hosted Cloud
Open source No No No No
Best for Systematic traders who prefer a one-time desktop license over a recurring subscription. Swing and technical traders who want a desktop platform for building and backtesting custom indicator-based systems. Quant researchers and small trading firms who want a hosted backtest-to-live pipeline without building infrastructure. Systematic and quantamental investors who want to build and test factor-ranking strategies without coding a backtester.
Pricing

One-time perpetual license by edition, including 24 months of free upgrades; separate upgrade pricing for existing owners.

Standard Edition $299
Professional Edition $379
Ultimate Pack Pro $499

Prices read from the vendor's own page on September 21, 2026. Vendors change prices; check the source before you budget.

Licensed by edition (D/C for end-of-day/swing trading, R/T for real-time); exact current prices could not be confirmed this session.

Pricing has not been verified yet — see the vendor's site.

Free plan with unlimited backtesting plus four paid tiers (Researcher, Team, Trading Firm, Institution) that add compute nodes and enterprise features; the pricing page requires checkout configuration to show dollar amounts.

Checked on the vendor's own page on September 21, 2026: no prices are published. Expect to be quoted.

30-day free trial of screener and backtesting, then a paid subscription; exact tier prices are not published and require registering on the site.

Pricing has not been verified yet — see the vendor's site.

Features
  • AFL formula language for indicators, scans and systems
  • Portfolio-level backtesting with position sizing
  • Walk-forward optimization
  • Real-time quote monitoring window
  • Third-party data feed connections
  • Exploration and scanning across large symbol universes
  • Custom formula language for indicators and trading systems
  • System backtesting and optimization
  • End-of-day and real-time chart editions
  • Xenith real-time and historical data service
  • Entry/exit signal generation
  • Large built-in indicator library
  • Cloud research notebooks (Python/C#)
  • Historical data: equities, forex, futures, options, crypto
  • Unlimited backtesting on the free tier
  • One-click live deployment to supported brokerages
  • Team collaboration and project permissions (paid tiers)
  • Open-source LEAN engine for self-hosting
  • AI-assisted strategy scheduling and automation (paid tiers)
  • Custom fundamental/technical ranking systems
  • Rules-based stock screening
  • Historical portfolio backtesting and simulation
  • Factor research and optimization tools
  • Paper and semi-automated live portfolio tracking
  • Point-in-time fundamental and estimate data

In the index now