10 Best AI Trading Bots & How to Use Them Effectively

As the name states, AI trading bots are smart platforms that use artificial intelligence (AI) and machine learning (ML) to analyze markets and even execute automated trades on a trader’s behalf. They’re different from traditional chatbots that complete trades based on predefined rules. Instead, AI trading chatbots can learn from their mistakes or new knowledge to refine its trading decisions. If you want to find a smart assistant for trading, this article will give you the best candidates, coupled with key tips to use them effectively. Now, let’s discover!

Should You Use AI Bots for Stock & Crypto Trading?

It depends on various factors like your trading purpose, risk tolerance, and understanding of both AI and trading. To help you decide whether to use AI chatbots for stock or crypto trading, we’ll detail their pros and cons. We also identify when to leverage AI bots and what you should consider to trade effectively with these bots. 

Pros of AI Trading Bots

AI-powered bots prove significantly beneficial for crypto and stock trading. 

1. 24/7 Availability: AI bots never sleep and take breaks (except for when they need to be maintained and updated). For this reason, they can observe markets and conduct trades around the clock, helping you acquire trading opportunities anytime. 

2. Speed & Efficiency: AI bots can process and analyze vast datasets more quickly, accurately, and efficiently than human traders. This data might be historical prices, social media sentiment, and news. With the support of AI, you can spot recurring patterns and potential trading signals before significant price changes happen. Therefore, you can take advantage of AI-driven insights to make prompt trading decisions.

3. Emotionless Trading: AI-powered bots remove emotional biases (like greed or fear) that can result in poor decision-making. Instead, they depend on algorithms and data to analyze market signals and support you in making data-backed decisions. 

4. Risk Management: Some advanced AI bots can analyze how your holdings perform and suggest suitable asset allocation. This helps optimize your portfolio, reduce risk, and increase returns. 

5. Backtesting: AI bots can analyze historical data to see how your trading strategies have performed. This helps in fine-tuning your strategy to avoid risking real money.

Cons of AI Trading Bots

But AI trading bots still have some limitations:

1. Possible Errors & Inaccuracies: AI-generated analytics and insights can contain errors and inaccuracies for many reasons. First, if the input knowledge it learns is biased or faulty, it’s no wonder why its generated content is inaccurate accordingly. Second, stock and crypto markets fluctuate depending on various factors like macroeconomic data release, regulatory changes, geopolitical events, and market sentiment. AI chatbots, despite their undeniable potential to analyze large amounts of data, can’t consider all these factors, especially sudden ones like wars. That’s why their content may be wrong sometimes. 

2. Unreliable or Scam Bots: Many dishonest people take advantage of the fact that various people want to earn money fast. They create unreliable bots or even scams to steal big money. These fake platforms often promise extremely high returns, but in fact, push traders into financial losses or bankruptcy. Worse, 

3. Limited Understanding of Complex Requests: AI trading chatbots excel at analyzing real-time big data and deriving immediate insights. Yet, compared to seasoned traders, they still lack a deep understanding of nuanced or complex financial queries. 

When Should You Use AI Trading Bots?

Understanding AI’s potential benefits and undeniable drawbacks, you may now wonder: “When should I use AI trading chatbots?” Here are some situations where using these bots is encouraged and appropriate:

1. When you have a well-defined strategies. Imagine an AI trading bot as your employee. Suppose you want him to build a website that can increase 15% of organic traffic within the first quarter after launch. In this case, you have to devise a clear blueprint outlining the content strategy, keyword targeting, SEO techniques, and more. Similarly, you need to provide AI bots with a clear, logical strategy if you want them to work effectively. Otherwise, the bots will be like employees without instructions, working on a vague strategy and ultimately failing to achieve the desired results. 

2. When you want to test your trading strategy. Don’t rush to the market when you devise a trading strategy. Instead, backtest it with your chosen AI trading bot and historical data. This helps you see how effectively the bot works on your trading strategy.

3. When you want to remove emotional bias. If you find your emotions often lead to poor decision-making, using AI trading chatbots is a good idea. These bots work strictly to trading rules. So, they won’t ‘show fear’ and rush to sell stocks when a sudden market downturn occurs.

4. When you want to execute high-frequency trades. If you intend to trade based on very small price fluctuations that happen swiftly, using AI bots is necessary. Their high speed allows you to respond quickly to these fleeting opportunities.  

5. When you want to manage a diversified portfolio. As a human trader, you may find it difficult and ineffective to monitor a wide range of assets simultaneously. So, why don’t you have an AI bot take over this job? 

Pro Advice Before Using AI Bots for Trading

AI trading bots, especially in the crypto market, are increasingly popular, with their global value estimated to increase by 37.2% from 2024 to 2034. This is an inevitable result of the growing demand for automated trading strategies and the heightened competition between established traders and newcomers. 

However, AI bots can be a powerful assistant or a nightmare – it all depends on how to use them. Whether you’re a day trader, swing trader, or long-term investor, never use AI bots blindly. 

It’s like when you recruit a new employee. You need to clarify what the employee should work to help you achieve ultimate goals and whether his working style suits yours. Instead of staying still and giving commands, you should get involved in his work to evaluate his performance. 

The same also applies to AI trading bots. You should use historical data to backtest the AI chatbot on your trading strategy. This helps you identify how effectively it performs and which underlying flaws it may have. Besides, don’t let your chosen AI bot make all trading decisions without reviewing. Instead, combine AI-generated content and human judgement to make the best decisions for your trading. Also, don’t forget to revise and refine your input prompts to make the bot work best for you. 

10 Best AI Stock & Crypto Trading Bots 

You have a basic understanding of AI trading bots and tips to use them effectively. And now, are you looking for a free bot to initiate your trading journey? If so, let’s take a look at our curated list of 10 AI-powered stock & crypto trading bots. These bots may have free versions or free trials for a certain period.

1. Cryptohopper

This is the world’s leading cryptocurrency trading bot for traders of all levels. Whether you’re a newcomer, an asset manager, or an advanced trader, the platform offers the right features and tools to execute your trades, manage your portfolios, and secure your data. Integrating AI capabilities, the platform helps you trade like a pro without extensive coding skills. 

Some of its outstanding features include:

• Strategy Designer: Allow you create strategies that define rules for AI bots by dragging and dropping 130+ indicators and candlestick patterns. Then, you can test your strategies and sell them to the marketplace or use them on your trades. 

• Social Trading: Enable you to subscribe to trading signals, use strategies from professionals, or download available bot templates. This allows beginners to copy the best crypto traders and automate trading based on these signals. 

• AI Trading: Automatically backtest all your imported strategies at the same time. Based on your parameters, Cryptohopper can automatically watch the markets 24/7, spot trends, switch to a better strategy, and execute buying/selling trades. Further, the platform offers pro tools like DCA (Dollar Cost Averaging), Market-Making, or Trailing Orders to automate trades.

• Simulator Trading: Remove trading fear for beginners by allowing you to build a simulator bot to practice trading without risks. 

Try out Cryptohopper with its free version, Pioneer!

2. Composer

Composer integrates AI capabilities to help you create trading algorithms. You don’t need extensive coding skills to create trading strategies. Instead, you can explain your goals, risk concerns, and strategy using natural language, and then let AI do the rest. 

Otherwise, you can use pre-built strategies that fit your trading purposes, like Diversification, Technology Focus, and Long Term. Also, you can edit each of these available trading strategies by using Composer’s no-code, visual editor to modify programmatic logic. Then, you can backtest them by comparing them to benchmarks or other strategies and execute automated trades based on predefined rules.

Composer offers a free version to try its platform out. Using the Crypto Trading version, you don’t need to pay subscription fees. But you’re charged 0.2% of the total value per trade. Even when you upgrade your account to paid versions, you can get a free 14-day trial. 

3. Intellectia.ai

Intellectia is the most powerful AI platform for smarter trading and investment. It integrates AI capabilities to support different trading strategies. Particularly, it helps daily stock traders analyze all the latest market events per day and choose the top five daily stocks to buy pre-market and sell after market closing. Further, the platform uses advanced algorithms to provide swing traders with meaningful insights into the best time for stock & crypto trading. It also tracks 500+ AI-generated signals to determine when to buy, sell, or hold stocks. 

With Intellectia’s AI, you can easily find what you want fast and accurately through spoken commands or get precise answers related to finance and real-time markets. The platform also analyzes the portfolio holdings, trading activities, and performance metrics of the top hedge fund managers to offer you key insights. 

4. WunderTrading

WunderTrading allows you to manage all crypto exchange accounts simultaneously in a unified platform. It also offers the essential tools to track crypto portfolios and manage your balances automatically. Whether you want smart trades, paper trades, spread trades, or arbitrage trades, the platform provides plenty of features to help you capture every trading opportunity. 

Have no trading experience? Don’t worry! WunderTrading comes with a wide range of automated trading bots to support your trading journey. 

For example, its AI trading bot uses complex algorithms to examine various cryptocurrencies and find profitable chances. Meanwhile, its arbitrary bot excels at analyzing market behavior (e.g., trading volume, order, and time) and finding the possible price differences of cryptocurrencies to gain profits. Or its signal bot can send and automate trading signals from various sources (e.g., TradingView or RunBot.io).

5. 3Commas

3Commas is a common choice for two million traders to automate their crypto trading. You can start by simply connecting one or more exchange accounts to 3Commas through the official Fast Connect integration or API keys. Then, you can build an automated trading bot powered by AI, test it on historical data, and let it trade on your behalf. With trading bots, you can stay out of fear during market volatility. 

Now, 3Commas offers a wide range of bots to execute automated trades. They include:

• DCA bots can manage over 100 pairs to look for the best deal that aligns with your predefined conditions.

• Signal bots can convert your alerts from TradingView indicators, On-chain & sentiment analysis tools, and more into executed orders in your 3Commas account. They even enable trading on Long and Short positions or add deal controlling criteria to trade more smartly.

• Grid bots can execute repetitive, complex trades in crypto markets that experience small price movements. In other words, they take advantage of insignificant price swings to get profits from a large number of small margin trades. You can set Take Profit and Stop Loss features to protect your assets from losing too much.

6. StockHero

StockHero offers available bots in the marketplace and also allows you to create one to trade various assets like stocks, CFDs, forex, and crypto. 

You can easily install a trading bot, test its performance through paper trades, and let it work. Accordingly, the bot can automatically analyze real-time market data and open/close positions on your behalf. With nicely designed charts, you can easily visualize and measure the bot’s performance. Then, you can connect the bot with any supported broker to automate your trades. 

StockHero is designed for traders of all levels. Whether you’re a beginner, busy executive, day trader, or an experienced trader, the platform can get you covered. Its suite of AI trading bots enables you to benefit from all market conditions to implement:

• Grid Strategies
• Long and Short Strategies 
• Dollar Cost Averaging
• Scalping Strategies for Range Bound
• High-frequency Trades
• Advanced Strategies (e.g., Trailing Take Profit)

Further, StockHero integrates intelligent chatbots to give instant and personalized answers to your financial questions.

7. Coinrule

Coinrule is an intelligent trading bot for crypto traders. It allows you to create automated trading rules and analyze effective market indicators to allocate funds intelligently. 

Further, it offers a beginner-friendly and secure environment to send trading instructions automatically to your favorite exchanges (e.g., Kraken, Binance, or Coinbase Pro). Based on clear indicators, the bot can trigger actions when the price moves without requiring coding skills. 

With Coinrule’s free version, you can access 10 template strategies. Further, you can trigger two live rules and two demo rules in one connected exchange with up to a $3,000 monthly volume.

8. Tickeron

Tickenron is a trading platform that offers various AI-powered tools for traders and investors. Its main goal is to process large data volumes at minimal costs and derive high-quality, meaningful insights. The platform supports a diverse portfolio of assets (e.g., stocks, ETFs, forex, and crypto) and different trading styles (e.g., Swing Traders or Investors). 

Tickeron offers various AI trading bots to support trading: 

• Signal agents use machine learning to predict future stock prices and analyze market data. This offers you real-time signals and alerts to make trading decisions. 

• Virtual agents execute automated trades in a virtual or simulated environment and help you manage the risks related to automated trading. They also use the one-minute delayed data and advanced money management techniques for trades that generate lower but more stable returns. 

• Brokerage agents can automatically copy trades from virtual agents and execute trades with your real money. 

Further, Tickeron’s AI capabilities allow you to do more than trading. For example, its advanced algorithms find the best dividend stocks, growth or undervalued stocks, and create diversified portfolios for investors. 

9. Pionex

Pionex is a cryptocurrency platform that offers you free automated trading bots suitable for any type of market. 

It accordingly integrates Future Grids Bots to benefit from market trends, whether you’re holding long or short positions. The platform also provides Signal Bots to automate trades with signals, Future Moon Bots to execute high-frequency arbitrage trades without fees, Smart Trade Bots to set trailing, stop-loss & take-profit orders simultaneously, and more. 

With Pionex, you only need $10 to start and quickly create trading bots to automate your trading strategies around the clock. These bots can automatically buy low & sell high and lower the liquidation price. Further, the platform comes with various security measures (e.g., identity verification or withdrawal whitelists) to protect your account comprehensively. It also employs advanced AI capabilities to proactively detect and intercept potential risks. 

10. Trade Ideas

Trade Ideas offers an AI-powered trading assistant called Holly AI to support your trading journey in the stock market. Accordingly, you can choose your favorite market momentum (e.g., Upside, Downside, or both) and let the AI trading bot work. The bot will analyze market data, automatically choose the top three performing stocks, and capture trading opportunities when the market reopens. 

Trade Ideas’s AI assistant also monitor the performance of various stocks in real-time, offering you a visually engaging and easy-to-understand comparison. It can even scan market data and modify its rules nightly based on backtested past performance to generate real-time and sell signals.

Trade Ideas also provides other features to facilitate your trading activities. For example, it allows you to view all the data associated with a single stock (like news, company description, etc.). It also sends real-time alerts when the price conditions are met and displays multiple market trends simultaneously through PIP (Picture-in-Picture) charts. 

Conclusion

This article gave you a shortlist of AI trading bots in 2025. They excel at analyzing large amounts of data, spot trading opportunities that you may miss, and monitor financial markets 24/7. These bots can even help you automate trades based on preset rules and modify their strategies to improve performance. However, we all know AI bots are not always perfect. Therefore, getting human judgement involved in AI-generated decisions is a must to increase your success rate in trading markets. 

If you want to build a custom AI trading bot instead of using available ones, Designveloper will be a trusted, experienced partner. We have extensive technical expertise in AI development to create high-quality, scalable solutions with on-time delivery and at reasonable costs. Contact us if you want to share your idea!