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Option Alpha vs QuantConnect

A side-by-side look at published plans and listed features, checked 2026-10-17.

Option Alpha
Free · paid $149/mo · ≈$1,188/yr
VS
QuantConnect
Free · paid $10/mo · $96/yr
FieldOption AlphaQuantConnect
Starting priceFree · paid $149/mo · ≈$1,188/yrFree · paid $10/mo · $96/yr
Plans (monthly · yearly)
  • Broker plan (TradeStation, Tradier or tastytrade)
    Free
  • Pro
    $149/mo · ≈$1,188/yr (billed annually; 12 × $99/mo, derived)
  • Option Alpha says it is not a broker, and it charges no commissions; the $0 broker plans are paid for by the broker partner and need a qualifying funded account.
  • 30-day free trial. Refunds on annual plans are possible for 7 days after an automatic renewal. A "save 72%" promotion banner was shown on 2026-10-17 and is not reflected above.
  • Free
    Free
  • Quant Researcher
    $10/mo · $96/yr
  • Seat prices are on the pricing page's Customize Plan tab. Compute nodes, data and support are priced separately: QuantConnect's recommended Researcher setup (1 seat plus backtest, research, live and assistant nodes) is $84/mo or $888/yr.
  • Team, Trading Firm and Institution plans for organizations (minimum 2 or 5 users) are not listed here.
Free plan
Free trial30-day free trial. Refunds on annual plans are possible for 7 days after an automatic renewal. A "save 72%" promotion banner was shown on 2026-10-17 and is not reflected above.Not listed
PlatformsNot listed in our dataNot listed in our data
Real-time dataNot publishedNot published
Key features
  • Unlimited options backtesting (all plans)
  • No-code automated options trading bots: up to 50 bots with a $100k cap each (all plans)
  • Paper trading without a broker connection
  • Live trading through supported brokers (any supported broker on Pro)
  • Unlimited cloud backtesting on the Free plan
  • Backtesting and live trading across equities, forex, options, futures and crypto
  • Open-source LEAN engine; local coding with VS Code and the LEAN CLI (Quant Researcher)
  • Tick and second-resolution data on paid seats
  • Backtest, research and live-trading compute nodes, priced separately
Last checked2026-10-172026-10-17
Sourcehttps://optionalpha.com/pricinghttps://www.quantconnect.com/pricing/
LinksVisit site (opens in new tab)Visit site (opens in new tab)

≈ = calculated by us, not published by the vendor. Prices in USD before tax. How we read prices →

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