What KXalgo is — and what it isn't
We want to be unambiguous about the nature of this service, so you can decide with clear eyes. In one line: KXalgo is software you use to run your own options strategies on your own broker account. It is not a broker, not an adviser, and it does not manage your money.
✓ What KXalgo is
A software tool you run on your own broker account
KXalgo is a subscription software service (SaaS). It automates multi-leg options strategies — Iron Condor, delta-neutral and others — that YOU configure. Every order is placed through your own broker’s official API, using credentials you supply, into your own account.
Self-directed — you make every decision
You choose the strategy, the strikes, the sizing and the risk limits. The software executes the plan you set. It does not decide what to trade on your behalf.
Testable with paper trading first
Every strategy can run in paper mode — simulated entries, exits and P&L on live market data with no real orders placed and no broker required. You can evaluate a bot end-to-end before ever connecting a live account.
Transparent about risk
Options and derivatives carry a high risk of loss. Automated strategies can behave unexpectedly during volatility, illiquidity, or broker/exchange/data outages. We say this plainly rather than advertising guaranteed returns.
✗ What KXalgo is not
Not a stockbroker or exchange
We do not hold your funds or securities, do not have custody of your money, and do not route orders as a broker. Your SEBI-registered broker does that. We never take possession of client capital.
Not an investment adviser or research analyst
KXalgo does not provide investment advice, buy/sell recommendations, tips, or portfolio management. Nothing on the platform or this website is a recommendation to trade any security. Educational and analytical content (including any AI market read) is exactly that — educational — and is not advice.
Not a promise of profit
We publish no guaranteed returns and no "assured profit" claims. Past or simulated performance does not guarantee future results. Any performance figure shown is illustrative or historical, never a forecast of what you will earn.
Not a pooled fund or PMS
There is no pooling of investor money, no collective scheme, and no discretionary management of your account by us. Each user operates their own account independently.
Regulatory posture
KXalgo is operated by Viveknath Mangalat (a sole proprietorship) based in Kannur, Kerala, India. Because the platform provides self-directed execution automation — and neither advises, nor brokers, nor takes custody of client funds — it operates as a software subscription service rather than as a SEBI-registered intermediary. All actual trade execution happens through your own SEBI-registered broker, under regulations that apply to that broker and to you.
SEBI’s framework for retail algorithmic trading continues to evolve. Where any part of the service falls within scope of a registration or an exchange empanelment requirement, we will comply with it. If you are unsure whether automated options trading is appropriate for you, consult a qualified, registered financial adviser before connecting a live account.
Risk warning
Trading in options, futures and other derivatives carries a high risk of loss and is not suitable for every investor. You can lose more than your initial outlay. Automated strategies may behave unexpectedly during periods of high volatility, low liquidity, or broker / exchange / market-data outages. You are solely responsible for every strategy, configuration and order run through the platform. Only trade with capital you can afford to lose.
See also our Terms & Conditions, Privacy Policy, Refund & Cancellation Policy, Security & Trust and About pages.
Contact & Business Details
Business name: Viveknath Mangalat
Address: Geeth, Podikkundu, Vivek Nagar Housing Colony Road, Kannur, Kerala, India
Email: admin@kxalgo.com
Phone: +91 97464 24902
Support hours: Monday – Friday (9:00 – 18:00 IST)