An honest review of TradeGuard — what it does, what it doesn't do, who it's for, and whether ₹599/month is worth it for Indian F&O traders trading on Dhan, Upstox, or Zerodha.
TradeGuard is a kill switch SaaS for Indian F&O traders. It connects to your broker account via API, monitors your live F&O portfolio P&L every 5 seconds, and fires an automatic kill switch when any of your configured rules are breached.
The key word is automatic. You don't need to be watching. You don't need to manually execute a stop. When your rules are breached, TradeGuard fires the kill switch through Dhan's, Upstox's, or Zerodha's official API — squaring off all positions and blocking new trades for the rest of the day.
"Saved me from two revenge trading spirals in the first week alone. The kill switch fired when I was down ₹8,000 and I would have gone for ₹20,000 trying to recover. Best ₹599 I've spent on trading."
"I set a 4-trade daily limit and the kill switch enforces it without fail. My trading improved because I have to choose my 4 setups carefully. The discipline was impossible to maintain manually."
"Connection to Zerodha was seamless. The time-based kill switch at 2:30 PM means I don't trade the last volatile hour anymore. My monthly consistency improved significantly."
At ₹599/month, TradeGuard costs less than the average single revenge trade for most F&O traders. If the kill switch fires even once to prevent a ₹5,000+ emotional trade, it has paid for itself many times over for the month.
For context: SEBI data shows the average Indian F&O trader who loses money loses ₹1.1 lakh per year — ₹9,200 per month on average. ₹599/month for a tool that structurally prevents the worst loss scenarios is among the highest-ROI purchases a retail F&O trader can make.