In this paper, we conducted simulation using indoor wideband MIMO channel measurement data to show the effectiveness of several transceiver algorithms for multi-user MIMO system in real life environment. Extended from algorithms for single user MIMO system, ZF and VBLAST algorithms for downlink and uplink multi-user MIMO channel were proposed and researched. Algorithms for the case when both the base station and the mobile terminal are supported with multiple antennas are also proposed in recent years, namely ZF-DPC, Iterative Joint Optimization and Eigenmode-DPC. Performance of the above algorithms will be compared and discussed by simulation in IID channel, spatial correlation channel and MIMO channel measured in real life environment.