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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 | 6,583,612 | Open Account  |  |
| Angel One | Rs 20 per executed order | 4,025,199 | Open Account | |
| Kotak Securities | Free | 1,267,424 | Open Account | |
| Motilal Oswal | 0.02% | 930,588 | | |
| Alice Blue | Rs 15 per order or 0.01% whichever is lower | 144,702 | Open Account | |
| Anand Rathi | 0.03% | 107,990 | Open Account | |
| SAMCO | Rs 20 per trade or 0.02% (whichever is lower) | 74,222 | Open Account | |
| TradeSmart | Rs 15 per order | 44,909 | Open Account | |
| SAS Online | Rs 0 | 22,022 | Open Account | |
| Prostocks | Rs 15 per executed order | 5,646 | Open Account | |
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| Link|Oct 21, 2022 9:50:30 AMReply
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