Comparison

Algoquant vs MILCA

Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.

Head to head
About

Algoquant

This app provides a secure and swift platform for online trading of stocks, mutual funds, and IPOs. It offers real-time market and news updates, advanced charting tools, and personalized investment recommendations to help users grow their portfolios.

Highlights
  • Real-time market and news updates
  • Advanced charting tools
  • User-friendly interface
  • Portfolio management tools
  • Personalized investment recommendations
  • Diverse investment products
  • Robust security features
Features
Read full description

Experience hassle-free investing with Algoquant, the most safe, secure & swift online trading app. Start making investment today & witness your portfolio flourishing. Key Features of Algoquant online Share / mutual funds / IPOs Trading App: Real-time Market Updates: Stay informed with up-to-the-minute insights into the stock market. Real-time News Updates: Stay ahead of the curve with real-time news updates on market trends & developments. Advanced Charting Tools: Analyze the market with advanced charting tools & technical indicators. User-Friendly Interface: Enjoy a seamlessly designed interface for intuitive navigation and ease of use. Portfolio Management Tools: Track your investments & transaction history with powerful portfolio management tools. Personalized Recommendations: Receive tailored investment recommendations based on your profile and goals. Diverse Investment Products: Access a wide range of investment products, including equities, derivatives, mutual funds & IPOs. Security Features: Enjoy peace of mind with security features like two-factor authentication, bio-metric access & next level of encryption. In-App Customer Support: Receive prompt assistance with trading-related queries through our in-app customer support. Seamless Payment Gateway: Experience seamless fund transfers & withdrawals through our user-friendly & most secure payment gateway. Transform your investing experience with Algoquant. Download now and embark on a journey towards financial success. Member name:ALGOQUANT FINTECH LIMITED SEBI Registration Number:INZ000326631 Member Code:56970 Registered Exchange/s name: NSE, BSE, MCX Exchange approved segment/s:Equity, Derivatives, Currency & Commodity

About

MILCA

Monitor your mutual fund investments on the go. Track schemes, view transaction details, and request portfolio reports. This app is exclusively for clients of registered IFAs using MILCA Plus.

Highlights
  • Mutual Fund dashboard
  • Asset-wise portfolio view
  • Applicant-wise portfolio view
  • SIP Dashboard
  • Online transaction facility
  • Track NAV
  • Request summary reports
Read full description

Stay on track with your portfolio on the go!! MILCA is created for mutual fund investors to track and monitor their mutual fund schemes, request for portfolio reports, view transaction details, know upcoming SIPs and much more. This uniquely created app is only restricted to those clients whose IFAs are registered users of MILCA Plus. 
Key features of MILCA App: 1. Mutual Fund dashboard 2. Asset-wise Mutual Fund portfolio view 3. Applicant wise portfolio view 4. SIP Dashboard 5. Scheme wise portfolio status 6. Online transaction facility (Exchange integrated) 7. Track NAV for any scheme in your portfolio 8. Email request to receive summary reports Disclaimer:
Meant for Clients of Advisors who are registered with MILCA. Mutual Fund Investments are subject to market risks. Read all scheme related documents carefully before investing. Although due care has been taken, we do not guarantee accuracy, completeness and authenticity of the information. This is only a utility and shall not be construed as any investment advice. We are not responsible for any discrepancies in any case whatsoever. No representations or warranties are made (express or implied) as to the reliability, accuracy or completeness of information. MILCA cannot be held liable for any loss arising directly or indirectly from the use of, or any action taken in on, any information appearing in this mobile app & its website. Clients are advised to take expert advice before taking any decision. You may please refer respective AMC website for more details.

Screenshots

Algoquant4 screens
MILCA4 screens

Verdict

The call

The clearest difference is update cadence: Algoquant at every 2 months against MILCA's every 26 months. Algoquant also leads on device support. On price, review sentiment, in-app purchases and monetization model there is nothing between them.

Scored on Price · Rating · Positive reviews · Number of ratings · Update frequency · Ads · In-app purchases · Monetization · Best chart rank · Devices · Requires iOS

CostPrice · In-app purchases · Ads · Monetization

Both are free to download. Neither carries in-app purchases, so what you see is what you pay.

UpkeepUpdate frequency

Algoquant ships an update every 2 months, MILCA every 26 months. The most recent releases landed on September 8, 2026 and September 19, 2026 respectively.

Scorecard2 real differences · 8 level
Algoquant versus MILCA: the parameters behind the verdict, then further details
ParameterAlgoquantMILCA
PriceFreeFree
Rating—5.0 (1 ratings) — better
Positive reviews100.0% of reviews100.0% of reviews
Number of ratings—1 — better
Update frequencyEvery 2 months — betterEvery 26 months
AdsNo—
In-app purchasesNoNo
MonetizationFreeFree
DevicesiPhone, iPod — better—
Requires iOS15.615.1 — better
Further details — not scored
Size84 MB29 MB
Age rating4+4+
DeveloperGrowth Securities Private LimitedRoma Luthra

Customer experience

Algoquant

Written reviews7 reviews
Positive100.0%
Neutral0.0%
Negative0.0%

MILCA

Written reviews1 reviews
Positive100.0%
Neutral0.0%
Negative0.0%

In-app purchases

None

Algoquant

No in-app purchases

None

MILCA

No in-app purchases

Questions

Is Algoquant free?
Algoquant is free to download, with no in-app purchases.
Is MILCA free?
MILCA is free to download, with no in-app purchases.
Which is updated more often, Algoquant or MILCA?
Algoquant ships an update every 2 months, and MILCA every 26 months. Most recently, Algoquant was updated on September 8, 2026 and MILCA on September 19, 2026.

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