API Brokers in India (Automated Algo Trading Software)

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.

API Brokers in India

Broker Category Intraday Brokerage Active Clients Request Callback Review
ZerodhaDiscount BrokerRs 20 per executed order or .03% whichever is lower3,391,059Open AccountZerodha Review
TradeSmartDiscount BrokerRs 15 per executed order36,817Open AccountTradeSmart Review
SMC GlobalFull Service Broker0.03%135,715Open AccountSMC Global Review
SAS OnlineDiscount BrokerRs 017,506Open AccountSAS Online Review
Motilal OswalFull Service Broker0.05% (both side)543,311Open AccountMotilal Oswal Review
KarvyFull Service Broker0.03%2,064Open AccountKarvy Review
Indira SecuritiesFull Service Broker0.01%8,478Open AccountIndira Securities Review
GCL SecuritiesFull Service Broker0.02%4,813Open AccountGCL Securities Review
FinvasiaDiscount BrokerRs 011,241Open AccountFinvasia Review
Angel BrokingFull Service BrokerFlat Rs 20 per executed order1,454,167Open AccountAngel Broking Review
Anand RathiFull Service Broker0.05% -0.015%84,795Open AccountAnand Rathi Review
Alice BlueDiscount BrokerRs 20 per order or 0.01% whichever is lower119,106Open AccountAlice Blue Review

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