Generic Broker

Generic Broker Information

:For any queries reach out to us!

note

Check out AlgoTest's very own Algo-Trading Course.
Preview for FREE!

tip

The Daily Trades Analysis Browser Extension. Now analyse your trades with ease. This extension is FREE for everyone.

Chrome Extension Link - Click Here Firefox Extension Link - Click Here

What You’ll Need For Generic Broker Algo Trading

AlgoTest Account

You must have an AlgoTest account. If you don't have one, click this link to create it.

Generic Broker API

You need to activate Generic Broker's API through their developer portal. The cost for this service is approximately 2000/month.

Connecting Generic Broker with AlgoTest

• To begin, visit AlgoTest.in and click on your profile icon. From there, select "broker setup" to proceed.

• Now click on the setup icon on the right side of Generic Broker.

• To connect Generic Broker with AlgoTest, we need an API Key and API Secret. In order to obtain these, we will create an App in the Generic Broker Developer Portal. To get started, simply copy the redirect URL using the copy icon as shown below. This URL will be used while creating your API App in the Generic Broker Developer Portal in the next steps.

• To activate the Generic Broker Trading API, we need to access the Generic Broker developer portal. To do this, open a new tab in your browser and click on this link to open the Generic Broker Developer Portal. Next, click on the "signup" button to create an account, and then login the account.

note

The Generic Broker Developer Portal is a separate account from the Generic Broker Pvt Ltd terminal. You cannot use the Generic Broker terminal client ID password here. Therefore, you must create a new account here and log in.

• Generic Broker charges 2000/Month API Cost. To purchase API, click on Billing.

• You can buy API by adding 2000 credits through a payment method by clicking on Add Credits or can connect your Generic Broker account by clicking on Connect using... to auto debit 2000 every month from your Generic Broker demat account for API.

• After adding credits or linking your demat account, click on My apps and click on Create New App.

• To proceed, first select "Connect" and then enter a random name in the "App Name" field. Next, paste the Redirect URL that we copied in step 3 from the AlgoTest broker setup page into the "Redirect URL" box. Enter your Generic Broker Client ID in the "Client ID" box, leaving the "Postback URL" field blank. In the "Description" box, enter any random description. Finally, click on "Create".

• Your API has been created. Click on My Apps and select your API to view API Secret and API Key.

• We need to copy the API key and Secret key from this page.

• Copy and paste the API key and secret into the AlgoTest broker setup page.

• We have successfully added Generic Broker to our AlgoTest Account. Now we just have to login to Generic Broker in AlgoTest. To log in, click on the Login button and enter your Generic Broker username, password and TOTP.

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

What You Can Do with Generic Broker

• Access Real-Time Market Data: Use the Generic Broker to fetch real-time market data, historical data, and other financial information required to make informed trading decisions.
• Build Custom Trading Platforms: Developers can use Generic Broker and other programming languages to create custom trading applications, tools, and platforms.
• Execute Algorithmic Trading Strategies: Integrate Generic Broker with your algorithmic trading models to automate trading based on pre-defined strategies.
• Manage Orders and Portfolios: With Generic Broker, you can manage orders, track your portfolio, and perform complex trading operations seamlessly.

Generic Broker Pricing

Generic Broker is a paid service, offering access to Generic Broker Pvt Ltd's robust trading infrastructure. Below are the details:

Generic Broker API Pricing

• Basic Plan: ₹2000 per month (for retail users)
• Historical Data: An additional ₹2000 per month
• Free Trial: Generic Broker offers a free trial for new users to test the API before committing to a subscription.

Generic Broker API Free Trial

• Generic Broker offers a limited-time free trial for developers to explore the features and functionalities of the Generic Broker API.

FAQs for Generic Broker

1. What is the use of Generic Broker? Access Generic Broker Pvt Ltd's trading infrastructure through APIs, allowing users to build custom trading platforms, perform algorithmic trading, fetch market data, and manage portfolios.
2. Is Generic Broker free? No, Generic Broker is not free. It is a paid service with subscription plans starting at ₹2000 per month. However, Generic Broker offers a free trial for new users.
3. How to get the Generic Broker API? To get the Generic Broker API, you need to sign up on the Generic Broker developer console and subscribe to the Generic Broker API plan. Once subscribed, you can access the API keys and start integrating with your applications.
4. How do I log in to Generic Broker? You can log in to Generic Broker Pvt Ltd using your Generic Broker credentials through the API, which will authenticate your requests and provide access to the trading functions.
5. Is Generic Broker API free? The Generic Broker API is a paid service, but it offers a free trial for developers to explore the API's features.
6. What are Generic Broker? Generic Broker APIs are a set of REST-like HTTP APIs provided by Generic Broker that allow users to interact programmatically with their trading accounts, fetch market data, and execute trades.
7. How to use the API in Generic Broker? To use API in Generic Broker, sign up for the API service, generate your API key, and follow the Generic Broker documentation to integrate the API with your application. You can use languages like Python to interact with the API.