Which API is best for Algo Trading

 

Which API is best for Algo Trading

A Trading API (short for Application Programming Interface) is a software intermediary with the ability to link two applications with each other. Traders use API to create a customized front-end trading platform as per their requirements. A stock trading API allow traders to get live market prices, real-time order placement, track order execution, portfolio management, and more.

What is Algo Trading?

Algo Trading is also known as Algorithmic trading. Algo Trading is a method of executing orders by using automated pre-programmed trading instructions accounting variables such as time, price, and volume.

Algorithmic trading (automated trading, black-box trading, or simply algo trading) is the process of using computer programmed to follow a defined set of instructions to place thousands of trades every second to generate profits at a speed and frequency that is impossible for a human trader. While you can build your own algorithm and deploy them to place buy or sell orders.

Best trading API broker

Best trading API brokerAs there are many algo trading brokers in India. Before choosing broker for automatic trading system, find the broker for algo trading given below:

Broker

API

API Pricing

Brokerage Charges

Broker Review

Request Call back

Angel Broking

Angel One Smart API

Free

₹20 per executed order

Review

Call back

Alice Blue

Alice Blue Ant API

Free

₹15 per executed order

Review

Call back

5paisa

5paisa API

Free

₹20 per executed order

Review

Call back

Fyers

Fyers API

Free

₹20 per executed order

Review

Call back

Zerodha

Kite Connect API

₹2000 per month

₹20 per executed order

Review

Call back

Upstox

Upstox API

₹750 per month

₹20 per executed order

Review

Call back

Kotak Securities

Kotak Trade API

Free

Free

Review

Call back

IIFL Securities

IIFL Trading API

Free

₹20 per executed order

Review

Call back

Sharekhan

TradeTiger API

Free

0.03% onwards

Review

Call back

Samco

StockNote API

Free

₹20 per executed order

Review

Call back

Zebu Trade

Zebu API

Free

0.03% onwards

Review

Call back

Aditya Birla

Aditya Birla API

Free

0.03% onwards

Review

Call back

Paytm Money

Paytm Money API

Free

₹10 per executed order

Review

Call back

ProfitMart

ProfitMart API

Free

0.03% onwards

Review

Call back

Algo Trading API Pricing is different for different stock brokers. There are many free algo trading broker that provides free algo trading API while some brokers have charges for API.

Best API for algo trading

SASO API Connector is a bridging software allow you to run your strategy on different trading platform and different programming languages. SASO API Connector is the best API for algo trading in India, allow you to generate algo trading alerts on multiple Indian Stock Brokers account. This trading algorithm API automatically send buy/sell signals to your account without any requirement of VPS.

Trading with SASO API Connector is an easy way to get live market data, historical prices and execute trades from any of your trading accounts – without having to manually trawl through different exchanges’ order books for data and prices.


SASO API Connector Features

• Best stock trading API for Indian Stock Brokers
• Instant order execution within Mili-Second
• Support multiple order type
• Support multiple strategies with different quantities
• Telegram alerts available.
• Various tool tips available to understand it well.
• Easy to add script in market watch for tradable symbols
• No human error
• Easy to connect with tradingview on free account
• VPS not required
• Minimize risk
• Customization of trades and strategies.

SASO API Connector Pricing

There are different plans available for SASO API Connector. You can easily choose according to your trading requirements.
SASO API Connector Pricing table is given below:

Plan Duration

Charges

Trial

Nil

Monthly

₹590

Quarterly

₹1499

Half Yearly

₹2699

Yearly

₹4999

15 Years

₹18999


Click here for SASO API Connector installation.
For more queries, contact us. 

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