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 | Category | Intraday Brokerage | Active Clients | Request Callback | Review |
---|---|---|---|---|---|
Zerodha | Discount Broker | Rs 20 per executed order or .03% whichever is lower | 3,391,059 | Open Account | ![]() |
TradeSmart | Discount Broker | Rs 15 per executed order | 36,817 | Open Account | ![]() |
SMC Global | Full Service Broker | 0.03% | 135,715 | Open Account | ![]() |
SAS Online | Discount Broker | Rs 0 | 17,506 | Open Account | ![]() |
Motilal Oswal | Full Service Broker | 0.05% (both side) | 543,311 | Open Account | ![]() |
Karvy | Full Service Broker | 0.03% | 2,064 | Open Account | ![]() |
Indira Securities | Full Service Broker | 0.01% | 8,478 | Open Account | ![]() |
GCL Securities | Full Service Broker | 0.02% | 4,813 | Open Account | ![]() |
Finvasia | Discount Broker | Rs 0 | 11,241 | Open Account | ![]() |
Angel Broking | Full Service Broker | Flat Rs 20 per executed order | 1,454,167 | Open Account | ![]() |
Anand Rathi | Full Service Broker | 0.05% -0.015% | 84,795 | Open Account | ![]() |
Alice Blue | Discount Broker | Rs 20 per order or 0.01% whichever is lower | 119,106 | Open Account | ![]() |
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