In a world where “stock tips” are a dime a dozen, and YouTube “gurus” promise 5% daily returns, platforms like Liquide and RA Algos by AlgoTest aim to bring credibility through SEBI-registered Research Analysts. But beyond the surface, how do these platforms stack up? Let’s do a no-BS, feature-by-feature breakdown.


What is Liquide?

Liquide is a SEBI-registered Research Analyst platform (INH000009816), combining AI-powered tools with expert-backed stock & mutual fund advice. Key offerings include:​

  • Trade Ideas: Curated intraday, short & long-term trade alerts, with auto execution alerts

Liquide offers mobile and web access, integrates alerts, but does not offer backtesting or forward testing of strategies.


What is RA Algos by AlgoTest?

RA Algos is a marketplace, not an RA itself, that hosts SEBI-registered Research Analysts’ strategies, offering:

  • Strategy-based algos, not just stock tips

  • 7+ years of backtesting, including brokerage/taxes

  • Forward Testing via live paper trading

  • Broker integration for live execution

  • Transparency with risk metrics, and P&L

  • Customization, portfolio building across strategies

You get full visibility and flexibility before committing actual capital.


TL;DR:

Feature
RA Algos by AlgoTest
Liquide
Regulated RA Algos
Yes, 10+ RAs listed
Yes, in-house RA team
Backtesting Available
Historical Simulation
Not available
Forward Testing
Yes
No
Execution via Broker Integration
One-click live execution
No execution, only tips
Algo Marketplace
Yes
No
User KYC Verification
Yes
No
Slippage/Brokerage/Tax Costing
Included in backtests
Not shown
Instruments Supported
Options, Futures, Stocks
Mostly Stocks, some F&O via Telegram
Mobile App
Web first
Yes

1. Transparency & Trust

Liquide

  • Discloses strategy themes (e.g., baskets), but doesn’t provide past performance data.

  • Uses language like “accuracy” and avoids showing loss-making trades upfront.

  • No user KYC.

  • Telegram used for premium calls, which raises compliance flags.

RA Algos by AlgoTest

  • Strategies are given by RA: You can backtest with all the metrics like slippages, drawdowns, brokerage and tax charges, all visible before you subscribe.

  • KYC is mandatory.



2. Backtesting & Forward Testing

Liquide

  • No backtesting.

  • No forward testing.

  • Performance data not shown.

RA Algos by AlgoTest

  • Every algo shows historical backtest (with real costs).

  • You can simulate future trades using forward testing and paper trading.



3. Live Execution

Liquide

  • Doesn’t support broker integration.

  • You get a signal; you execute manually.

  • F&O tips are sent via Telegram for “Arjun” users, outside their app.

RA Algos by AlgoTest

  • Connect your broker (Zerodha, Angel, Groww, etc.).

  • One-click deploy.

  • Algo runs and trades live—no need to lift a finger.

Automation > Manual errors. Especially for option trades where seconds matter.


4. Marketplace Model

Liquide

  • Single RA team.

  • All strategies come from one source.

  • No way to compare multiple creators.

RA Algos by AlgoTest

  • 10+ SEBI RAs

  • Filter by margin required, underlying, deployment days, etc

  • Mix-and-match strategies into portfolios.

Think Amazon for SEBI RA algos vs a single-brand store.


5. Compliance & SEBI Mandates

Liquide

  • SEBI-registered RA

  • No KYC

  • Telegram for tips (non-compliant for algo delivery)

  • Uses vague performance terms like “accuracy”

RA Algos by AlgoTest

  • 100% compliant

  • KYC

  • All strategies listed only by SEBI RAs

  • All marketing goes through SEBI-compliant disclosures


Final Verdict: Should You Choose RA Algos or Liquide?

Criteria
Our Pick
Transparency
RA Algos
Compliance
RA Algos
Execution
RA Algos
Backtest / Forward Test
RA Algos
Marketplace Options
RA Algos
Stock Advisory Only
Liquide (if that’s all you need)
Mobile App
Liquide

Conclusion

Liquide may be an option for stock-only, advisory-focused users who are fine with signal-based Telegram tips and don’t need automation or proof.

RA Algos by AlgoTest, on the other hand, offers a fully transparentbacktested, and automated trading experience built around SEBI’s regulations. Whether you want to trade Nifty options or test complex multi-leg setups, this is where data, regulation, and execution come together.

If you're serious about trading, don’t follow signals. Follow the data. Test it. Deploy it.

To check other similar platforms, head over to this article.