AlgoScout: Algorithmic Trading Platform

AlgoScout: opening up automated trading to retail investors

MADIS developed AlgoScout, its own platform that helps traders discover, compare and test trading bots – and can be offered by banks and brokers as a white-label solution.

At a glance

4

core modules: bot finder, reviews, comparison, backtesting

White-label

ready to integrate into investment services

Retail-first

tools institutions have used for decades

Summary: Automated trading algorithms have long been the tools of institutional investors. With AlgoScout, MADIS built its own platform to give retail traders access to them: a guided bot finder, independent reviews, side-by-side comparisons and backtesting – available both as a standalone service and as a white-label solution for financial institutions.

The client

AlgoScout is a MADIS brand focused on trading automation. Its aim is to democratise the world of automated trading algorithms and give retail traders access to the tools institutional investors have used for decades.

The challenge

The technology behind trading bots has become more sophisticated, scalable and cheaper, and the market is growing fast, mainly among retail traders and small and medium-sized institutional investors.

Retail traders want to use these tools too, but they find it hard to navigate the options. There are many trading bots on the market, but few services give objective recommendations based on the user’s own needs. As a result, many traders do not trust the bots: they do not know which provider is reliable or offers the best value for money.

Our approach

We designed AlgoScout as a comprehensive platform with two main functions: reviewing and comparing existing solutions on the market, and providing additional tools for automated trading.

Find your Bot

A dynamic questionnaire matches users with suitable trading bots based on their preferences, risk profile and goals.

Bot reviews and comparison

In-depth evaluations of trading bot providers and comparison tables with transparent ratings and performance metrics.

Backtesting and custom strategies

Users can backtest their trading strategies, visualise the results against historical data, and build and test their own algorithms.

Integration for financial institutions

Banks and brokers can integrate AlgoScout into their investment services as a white-label deployment, through an API or as a co-branded client portal.

The solution

AlgoScout combines objective guidance with hands-on tools. Beyond recommendations, it lets users create and test their own algorithms. The business model combines affiliate commissions from trading bot providers with a premium subscription for advanced features such as backtesting and personal trading strategies.

Technologies: Python · React · React Native · Hugging Face Inference API

Results

AlgoScout creates value on two levels:

• For traders: a transparent way to find, compare and test trading bots in one place.
• For banks and brokers: an enhanced digital investment offering for retail clients, a new revenue stream through subscription and marketplace models, and stronger client engagement and AUM retention.
• Regulatory readiness: full transparency and audit trails.

Looking to enrich your digital investment offering?

Find out how AlgoScout can be integrated into your services as a white-label solution.