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Firstock | Algo Trading

Firstock Broker Information​

:For any queries reach out to us!

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https://signup.thefirstock.com/

Firstock Trading Terminal​

https://login.thefirstock.com/#/

FirStock API Portal​

https://connect.thefirstock.com/login

Firstock Brokerage & Charges​

https://www.thefirstock.com/pricing_and_charges.html

Firstock Customer Support​

https://thefirstock.com/contact.html

Firstock API Charges​

Free

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What You’ll Need For Firstock Algo Trading​

AlgoTest Account​

You need to have an AlgoTest account. If you don’t have an AlgoTest account, you can create it by clicking on this link.

Firstock Demat Account​

You need to have an active Demat account in Finvasia. If you don’t have an account, Open a demat account in Firstock. Make sure to activate F&O on your account.

TOTP Setup On Firstock Account​

You need to have TOTP enabled on your Firstock account. To know how to do TOTP Setup, Click here

Connecting Firstock with AlgoTest​

  • Go to AlgoTest.in. Login your account. Click on the profile icon at the top right and select Broker Setup.

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  • Click on the setup icon located on the right side of the Firstock.

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  • Now we need API Key and Vendor Code to add a Firstock broker in AlgoTest.

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  • Click on "Generate API Key". Copy the Vendor Code and API Key and paste them into the AlgoTest Broker Setup page. Note: Enter the Vendor Code in capital letters and without "_API".

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  • We have successfully added Firstock broker to our AlgoTest Account. Now we just have to login Firstock account in AlgoTest. To log in, click on the Login button.

    Note :- Broker Login timing is 08:30 AM to 3:28 PM

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  • Enter your Firstock account password and TOTP and click on the Login button.

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  • Once you are logged in, the system will display a status message confirming your login status, as shown in the image below.

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Firstock: An Overview​

Firstock is a growing stock brokerage firm in India that offers a range of trading and investment services, including equities, derivatives, commodities, and currency trading. Firstock aims to provide a user-friendly trading experience with its advanced trading platforms and software solutions, making it suitable for both new and experienced traders. The platform is accessible via the Firstock web login or mobile app, providing seamless access to market data, research, and trading tools.

Firstock is known for its competitive brokerage structure, comprehensive customer support, and advanced trading tools, including API integration for algorithmic trading. The firm also offers an efficient account opening process and supports clients with dedicated customer care.

What You Can Do with Firstock​

  • Open a Trading and Demat Account: Start trading in equities, derivatives, commodities, and currencies by opening a Firstock trading and Demat account.

  • Utilize Advanced Trading Software: Access the Firstock software for advanced charting, market analysis, and real-time trading.

  • Leverage the Firstock API: Use the Firstock API for automated trading strategies and algorithmic trading.

  • Calculate Brokerage Costs: Use the Firstock brokerage calculator to estimate your trading costs and make informed decisions.

  • Compare Brokers: Analyze the differences between Firstock and Zerodha Broking Ltd to choose the best broker for your trading needs.

Firstock Charges​

Account Opening Charges​

  • Trading Account Opening Fee: ₹0 (Free)

  • Demat Account Opening Fee: ₹0 (Free)

Annual Maintenance Charges (AMC)​

  • Demat Account AMC: ₹200 per annum

Brokerage Charges​

  • Equity Delivery: ₹0 (Free)

  • Equity Intraday: ₹20 per order or 0.03% (whichever is lower)

  • Futures & Options (F&O): ₹20 per order or 0.03% (whichever is lower)

  • Currency Trading: ₹20 per order or 0.03% (whichever is lower)

  • Commodity Trading: ₹20 per order or 0.03% (whichever is lower)

Other Charges​

  • Call and Trade Charges: ₹20 per call

  • DP Charges: ₹13.5 per debit transaction

FAQs for Firstock​

  1. Who is the founder of Firstock?

The founder of Firstock is Vikram Ayanur Venkatesh.

  1. How do I log in to Firstock on the web?

To log in to Firstock on the web, visit the Firstock website and use the Firstock web login with your user credentials.

  1. What are the DP charges in Firstock?

The DP charges for Firstock are ₹13.5 per debit transaction.

  1. How do I withdraw money from Firstock?

To withdraw money from your Firstock account, log in to your account, navigate to the 'Funds' section, and request a withdrawal by providing the required details.

  1. What is the brokerage charge for Firstock?

Firstock charges a flat fee or percentage per order, depending on the asset class. Please refer to the charges section above for specific details.

  1. How do Firstock and Zerodha compare?

While both brokers offer competitive pricing, Firstock focuses on advanced software and API offerings, while Zerodha Broking Ltd is known for its simplified trading experience and widespread popularity.

  1. What are the software and API offerings by Firstock?

Firstock offers advanced trading software and free API access for algorithmic trading and automated strategies.

  1. How do I contact Firstock customer care?

You can contact Firstock customer care via phone, email, or their website's live chat for assistance.