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A Trading API allows the trader to write their own computer programs for trading or using the third-party trading platform. Trading APIs are for traders who wish to run algorithmic models on their own trading systems, receive real-time pricing, and perform trades.
The algo trading API's help traders in building their own customized trading application. Traders can execute orders in real-time, manage user portfolio, stream live market data, and much more, with Trading API.
Only a few stock brokers in India offer trading API. Below is the list of brokers offering API to retail customers.
| Broker | Intraday Brokerage | Active Clients | Request Callback | Review |
|---|---|---|---|---|
| Zerodha | Rs 20 per executed order or .03% whichever is lower | 5,685,723 | Open Account  |  |
| Angel Broking | Rs 20 per executed order | 3,060,398 | Open Account | |
| Motilal Oswal | 0.05% (both side) | 788,629 | Open Account | |
| SMC Global | 0.03% | 158,006 | Open Account | |
| Alice Blue | Rs 15 per order or 0.01% whichever is lower | 147,637 | Open Account | |
| Anand Rathi | 0.05% -0.015% | 102,313 | Open Account | |
| SAMCO | Rs 20 per trade or 0.02% (whichever is lower) | 79,835 | Open Account | |
| TradeSmart | Rs 15 per order | 44,062 | Open Account | |
| SAS Online | Rs 0 | 21,191 | Open Account | |
| Finvasia | Rs 0 | 19,998 | Open Account | |
| Indira Securities | 0.01% | 9,425 | Open Account | |
| GCL Securities | 0.02% | 5,523 | Open Account | |
| Prostocks | Rs 15 per executed order | 5,254 | Open Account | |
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