Zerodha (Flat Rs 20 Per Trade)
Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.
An API broker is a financial service provider that offers Application Programming Interface (API) access to traders and developers, allowing them to connect their trading algorithms, platforms, or software directly to the broker's trading infrastructure. This enables automated trading, real-time data retrieval, and seamless order execution.
An API broker allows traders, developers, and algo traders to connect their custom-built applications, trading algorithms, or third-party software directly to the broker’s system for automated and high-frequency trading.
API Type |
Purpose |
Trading API |
Allows placing, modifying, and cancelling orders programmatically. |
Market Data API |
Provides real-time and historical market data (stock prices, bid-ask spreads, etc.). |
Account API |
Fetches account details like margin, portfolio holdings, and order status. |
WebSocket API |
Streams live market data and order updates in real time. |
FIX API |
Used for high-frequency and institutional trading with low latency. |
