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Moneysukh | Algo Trading

Moneysukh Broker Information​

:For any queries reach out to us!

axis-connect-algotest

Image via Moneysukh

What You’ll Need For Algo Trading with Moneysukh​

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.

Moneysukh Account​

You need to have a Demat account with Moneysukh. If you don't have an account, create an account on Moneysukh here. Make sure to activate F&O on your account.

Connecting Moneysukh with AlgoTest​

Go to AlgoTest, login to your account. Click on the Broker Setup at the top right.

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You’ll see a dashboard as shown below. Put "Moneysukh” in the search bar.

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You will see the option to set up “Moneysukh” as shown in the image. Click on the setup.

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You will be directed to the page shown in the image below. Now, add the Connection Name & Unique Client Code.

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IMPORTANT:​

  • Please make sure Authenticator TOTP is setup. Go to Moneysukh and make sure you have setup TOTP by generating QR Code and setting it up in Google Authenticator.

Once you are done, click on Setup.

You have successfully added Moneysukh broker to your AlgoTest Account.

Note: Multi-API is supported.​

About Moneysukh Broker​

Overview​

Moneysukh is a financial services brand under Mansukh Securities offering equities, F&O, mutual funds, and more. Known for its customer service and advisory support, it also supports algo trading via APIs.

What You Can Do with Moneysukh on AlgoTest​

  • Automate your equity and F&O trades
  • Use AlgoTest to deploy and manage strategies
  • Run backtests and analyze performance metrics
  • Connect Moneysukh account seamlessly with AlgoTest

Brokerage Charges​

Typical pricing includes:

  • Equity Delivery: ₹0
  • Equity Intraday & F&O: ₹20 per executed order

Confirm current rates directly with Moneysukh for account-specific plans.

FAQs​

1. Is API trading available for retail traders?
Yes, Moneysukh enables API trading for retail users upon approval.

2. Which asset classes are supported on AlgoTest?
Equity and equity derivatives (futures and options).

3. Is there a mobile app for AlgoTest with Moneysukh?
Yes, AlgoTest works on both desktop and mobile platforms.

4. Can I manage multiple strategies?
Yes, you can run and monitor multiple strategies from a single AlgoTest dashboard.