# AlgoTest vs. Stratzy | Which is Better for SEBI-Registered RAs' Strategies?
Author: AlgoTest
Author URL: https://algotest.in/blog/author/algotest/
Published: 2025-06-16
Category: RA Algos
Category URL: https://algotest.in/blog/category/ra-algos/
Tags: trading strategies, ra algos
Tag URLs: trading strategies (https://algotest.in/blog/tag/trading-strategies/), ra algos (https://algotest.in/blog/tag/ra-algos/)
URL: https://algotest.in/blog/ra-algos-vs-stratzy/

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Looking for **reliable, SEBI-compliant trade recommendations**?

You’ve probably come across both **Stratzy** and [RA Algos by AlgoTest](https://algotest.in/ra-algos?utm_source=blog&utm_medium=organic&utm_campaign=seo). While both aim to simplify investing, their **approach, transparency, and technology** differ widely.

Here’s a breakdown to help you decide.

* * *

## Overview

Feature

**AlgoTest – RA Algos**

**Stratzy**

**Regulatory Framework**

Marketplace of SEBI Registered RAs

SEBI Registered RA (Stratzy Advisors LLP)

**Type of Recommendation**

Strategy-based Algo Recommendations

Discretionary stock advice and algo recommendations

**Transparency**

Full trade logs

Full trade logs

**Backtesting Available?**

Yes – with 7 years data

No

**Forward Testing?**

Yes – trade with virtual capital

No

**Algo Trading?**

Available

Available

**User Control**

Choose, test & activate algos

Follow suggested picks

**Platform Role**

Tech platform only, not SEBI Reg. RA

Stratzy is SEBI Reg. RA

* * *

## Key Differences

### 1. **Who Gives the Recommendation?**

- **Stratzy**: All recommendations come from their in-house RA.

- **RA Algos by AlgoTest**: Features multiple SEBI Registered RAs. You choose whose algos to follow.


### 2. **How Transparent is the Track Record?**

- [AlgoTest](https://algotest.in) shows **daily-level trade logs**, allow backtest + forward test for every algo. Making it easier to verify credibility.

- Stratzy also shows per-trade performance.


### 3. **Is It Algo-Based or Manual?**

- **Stratzy** is a passive suggestion platform, you get stock ideas and execute them manually. Algo Trading is also available on Stratzy.

- **AlgoTest** gives you strategy-based signals with full automation.


### 4. **Can You Test Before You Trust?**

- On AlgoTest, you can:

  - Backtest the algo

  - Forward test it with virtual capital

  - Only then subscribe or automate
- Stratzy doesn’t allow testing. You're expected to follow based on description alone.


Related: [Automate SEBI Registered Analyst Strategies (No Coding Algo Trading)](https://algotest.in/blog/sebi-registered-analyst-strategies/)

## Who Should Use What?

User Type

Best Option

Wants to experiment with strategies

**RA Algos by AlgoTest**

Comfortable with manual investing

Stratzy

Wants automation & transparency

**RA Algos by AlgoTest**

Needs multiple SEBI Reg. RAs to compare

**RA Algos by AlgoTest**

* * *

## **What is Stratzy?**

**Stratzy** is a SEBI-registered Research Analyst (Stratzy Advisors LLP) that builds in-house strategies across themes like momentum, income, and sector-based investing. They offer a plug-and-play experience with:

- Prebuilt strategies

- Mobile-first interface

- One-click broker execution (Zerodha, Upstox, etc.)


However, Stratzy operates as a **closed system**:

- You can’t test strategies before running them live

- You can’t mix-and-match or create a portfolio

- You don’t get real-time performance until you deploy real money


* * *

## What are RA Algos by AlgoTest?

[**RA Algos on AlgoTest** is a **marketplace,**](https://algotest.in/blog/algo-trading-marketplace-india/) not a research analyst itself, where SEBI-registered RAs list their strategies that traders can **backtest, forward test and trade live.**

Here’s what you get:

- 600+ strategies from verified RAs

- Trade-level transparency (win rate, drawdowns, execution costs)

- Free backtesting with realistic costs

- Paper trading (forward testing) before going live

- Broker integration for automation

- Ability to combine multiple strategies into one portfolio


Learn [how to use RA Algos on AlgoTest.](https://docs.algotest.in/ra-algos/research-analyst/)

### 📊 Feature-by-Feature Comparison

**Feature**

**RA Algos by AlgoTest**

**Stratzy**

**SEBI Registered?**

Yes (multiple SEBI RAs listed)

Yes (Stratzy Advisors LLP)

**Type of Recommendation**

Strategy-based algo systems

Thematic in-house strategies

**Strategy Marketplace**

Yes – choose from 10+ RAs

No – only Stratzy’s own strategies

**Backtesting**

Yes – 7+ years with full trade logs

Not user-accessible

**Forward Testing**

Yes – real-time paper trading

Not available

**Live Execution**

Broker integrated

Broker integrated

**Transparency**

Full metrics: win rate, drawdown, costs, logs

Limited – summary stats only

**Customisation**

Full – choose, test, combine

No – use as-is

**Portfolio Creation**

Combine strategies into a portfolio

One strategy at a time

**Platform Role**

Software (not an RA itself)

SEBI RA + execution

* * *

## Feature Explanations

#### SEBI Registered?

- **AlgoTest**: Hosts a marketplace of RAs registered with SEBI under INH codes. AlgoTest itself is _not_ an RA, it just facilitates access to multiple RAs with their own SEBI registrations.

- **Stratzy**: A single SEBI-registered RA (Stratzy Advisors LLP) that creates and runs all strategies internally.


* * *

#### Strategy Marketplace

- **AlgoTest**: You can browse, compare, test, and activate strategies from **multiple analysts**.

- **Stratzy**: You can only choose from strategies made by their **in-house team**.


#### Backtesting

- **AlgoTest**: All [strategies are backtested](https://algotest.in/blog/guide-to-backtesting-trading-strategies) over **7+ years of historical data**, factoring in brokerage, taxes, and slippage. You can run your own backtests for free.

- **Stratzy**: Shows some basic performance stats (like CAGR), but users can’t view trade-by-trade backtests or test different date ranges.


* * *

#### Forward Testing

- **AlgoTest**: Offers real-time **paper trading**. You can activate a strategy using virtual capital and track its **current performance** before risking real money.

- **Stratzy**: Doesn’t offer paper trading. You can only see how a strategy performs after going live with actual funds.


* * *

#### Live Execution

- Both platforms allow you to **automate execution** through popular brokers like Zerodha, Upstox, and Dhan. No need to place trades manually.


* * *

#### Transparency

- **AlgoTest**: Every strategy shows full trade logs, drawdown curves, win/loss ratio, risk-reward metrics, and more, updated daily.

- **Stratzy**: Offers a performance summary, but not at the trade-level or with live forward-tested tracking.


* * *

#### Customisation

- **AlgoTest**: You can choose strategies based on margin, deployment days, and trading instrument, and even mix multiple strategies.

- **Stratzy**: Offers a simpler plug-and-play interface, but doesn’t allow any logic or structural customisation.


* * *

#### Portfolio Creation

- **AlgoTest**: Lets you **combine multiple strategies** into a [portfolio,](https://algotest.in/blog/backtest-multiple-strategies-together-using-the-portfolio-feature) view performance correlations, and optimize based on days, drawdowns, etc.

- **Stratzy**: You can only run **one strategy at a time** per account, no multi-strategy portfolios.


* * *

#### Platform Role

- **AlgoTest**: Works like a research marketplace or software, connects traders to SEBI RAs but is not an advisory entity itself.

- **Stratzy**: Builds, maintains, and recommends all strategies directly as a SEBI RA.


* * *

### Final Verdict

Use Case

Best Platform

Want to test before going live?

✅ **AlgoTest**

Need full trade-level transparency?

✅ **AlgoTest**

Prefer plug-and-play simplicity?

✅ **Stratzy**

Want to combine multiple RAs?

✅ **AlgoTest**

Want mobile-first passive investing?

✅ **Stratzy**

* * *

### Why RA Algos Was Created by AlgoTest?

We built [RA Algos](https://algotest.in/feature/ra-algos?utm_source=blog&utm_medium=organic&utm_campaign=seo) to offer an honest, data-driven path for traders:

- Every algo is built by a SEBI Registered RA

- You can backtest it, forward test it, and automate it.

- Slippage, brokerage, and costs can be included in our reports

- Nothing is hidden. No unrealistic promises. No fake win rates.


_“90% of retail traders lose money in derivatives.” – SEBI_

_Yet on AlgoTest,_ **_45% of active users were gross profitable in FY._** _2023-24, because we give them real tools, not marketing fluff._

### Final Verdict

Both platforms serve very different user needs.

- If you're looking for **plug-and-play stock tips**, Stratzy may work.

- But if you want **real algos, run by SEBI RAs**, with **backtests, forward tests, and trade-level logs**, [RA Algos by AlgoTest](https://algotest.in/ra-algos?utm_source=blog&utm_medium=organic&utm_campaign=seo) gives you more **control, transparency, and flexibility**.


* * *

## FAQs

**Is AlgoTest a SEBI Registered RA?**

No. AlgoTest is only a tech platform. All algos are published by SEBI Registered RAs.

**Is Stratzy safe?**

Stratzy is a SEBI Registered RA, so it complies with regulatory standards. However, no platform can guarantee returns.

**Can I automate strategies on Stratzy?**

Yes. Stratzy offers strategy automation.

**Can I test AlgoTest RA Algos for free?**

Yes. You get 25 free backtests every week and 7 free trial of forward tests to see real-time performance before paying.


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