Alice Blue API (Algo Trading) Review

Alice Blue provides a set of FREE APIs for trading through ANT Plus to its clients and partners. ANT plus by Alice Blue is a collection of reliable APIs that allows you to build your own trading platform or Algo trading application.

Alice Blue API is a set of HTTP/JSON-powered APIs that allows users to access live market feeds, speedy order execution, manage investment portfolios, and much more. Alice Blue API supports all the major languages like Python, JSON, and JavaScript. It alsofacilitates the integration of your trading platform with third-party tools like MT4, Amibroker, or website to get data and punch orders.

Alice Blue APIs provide a confidential key that helps traders establish a connection between their algorithm and Alice Blue's trading platform to obtain real-time market data and live market order placements.

Refer Alice Blue API documentation for more details.

Alice Blue API Benefits

• Lifetime free-of-cost APIs.
• Allows users to develop a customized trading platform as per their needs.
• Access live market data for real-time market information.
• Supports various programming languages like Python, JSON, and JavaScript.
• Allows integration of your trading platform with third-party tools like MT4 and Amibroker.
• Available for both - Alice Blue Clients and Partners.
• Option for a non-programmer to choose from Alice Blue's four proven automated strategies having up to 75% success rate.

Alice Blue API Cost

Alice Blue API is available free of cost. There are no monthly or one-time charges to access Alice Blue API for any of the Alice Blue investors that include Alice Blue clients and partners. You need to open an account with Alice Blue to start free API trading.

Alice Blue offers only Interactive API and Feeds API. Alice Blue does not provide historical data API.

Alice Blue API Demo

Alice Blue API login

Alice Blue offers ANT Plus APIs to individuals and business partners who have an account with Alice Blue. If you do not have an account with Alice Blue, open an account with Alice Blue to access the free ANT Plus API.

ANT Plus API gives users programmatic access to the trading platform of Alice Blue that helps faster trade execution, multiple order placement, managing user portfolio, live market feeds, and much more.

Steps to get Alice Blue API access:

1. Contact Alice Blue Support team or drop an email to api@aliceblueindia.com to access API.
2. Post you get a response from Alice Blue, log in to the develop-api.aliceblueonline.com (Developer Console) to generate API Key.
3. Click on Create App.
4. Enter App Name.
5. Enter Redirect URI as https://ant.aliceblueonline.com/plugin/callback.
6. Click on Create App.
7. Copy the App Id and App Secret required to generate an access token.
8. Create access token using 'login and_get_access_token()' function with your username, password, 2FA (year of birth), App id and App secret.
9. Once you have your access_token, you can start working with the Alice Blue APIs.

Types of Alice Blue API

1. Alice Blue Interactive API

Alice Blue Interactive APIs are the trading APIs that help to place, modify, and cancel trading orders of different types like regular orders, after-market orders, basket orders, and bracket orders.

Alice Blue Interactive APIs also help users manage user portfolios, access Orderbook, Tradebook, Holdings, and much more. You can also use the Alice Blue APIs to connect with any third-party Algo trading software like MT4, Amibroker, Algoji. etc., to set up your trading strategies and automate trading.

Alice Blue API for Algo Trading

Alice Blue API can help users with algorithmic trading. Using Alice Blue API, you can convert your trading ideas into trading strategies and build your own algorithmic trading system for systematic trading using Alice Algo. If you do not have programming knowledge, Alice Blue offers a facility to choose from its four proven automated strategies that have up to 75% success rate.

• Money Machine (Free)
• Eagle Strategy (Rs 1999)
• Intramax (Rs 2499)
• Supertrend (Rs 1999)

2. Alice Blue Feeds API

Alice Blue Feeds API is the WebSocket API for market feeds. The WebSocket API allows you to receive market data for multiple instruments across exchanges in the live market. You can either get the Compact or Full Market snapshot as desired.

Alice Blue API Example

Alice Blue API makes trading easy and convenient for traders. Let us see some examples of how Alice Blue APIs are useful for traders:

Alice Blue Interactive API Example:

Alice Blue Algo trading helps speedy order placement, which is very important for trading considering the dynamic markets that change every millisecond.

For example, you decide to buy Nifty when it is trading at 9000. However, while you place an order, the Nifty price increases to 9010. Thus, increasing your buy price by Rs. 10 per share. This clearly shows the importance of timing and quick order placement in trading. Using Alice Blue Algo trading applications, traders can place orders in seconds to gain market advantage.

Alice Blue WebSocket API Example:

The Alice Blue WebSocket API allows you to subscribe to multiple instruments at the same time. Using the Feeds API, you can access the live Quotes, Market Depth, Open, Low, High, Close data across exchanges from the live market.

Alice Blue API Support

Alice Blue provides only email support to resolve any issues related to API. There is no specific Alice Blue API forum or call support available for API queries.

Alice Blue API Support Email ID: api@aliceblueindia.com

Alice Blue also has a GitHub wherein you can check for guidance if your issue is a part of the existing queries. The Alice Blue GitHub is managed by Unofficed, the strategic partner of Alice Blue for Git.

Conclusion

Alice Blue offers a set of free and simple APIs through ANT Plus to Alice Blue clients and partners across segments for a great trading experience and efficient trading practice. Using these APIs, users can build their customized trading platform as per their requirements. Alice Blue APIs help you in super-fast order placement, order modification, cancellation, detailed scrip information, live market quotes, and much more. The APIs are available in multiple languages and offer a secure trading experience.

Frequently Asked Questions

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Information on this page was last updated on Thursday, November 23, 2023