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Prudent | Algo Trading

Prudent Broker Information​

:For any queries reach out to us!

prudent-connect-algotest

Image via Prudent

What You’ll Need For Prudent 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.

Prudent Account​

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

Connecting Prudent with AlgoTest​

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

Arham Wealth

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

Paytm

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

Paytm

You will be directed to the page shown in the image below. Now, add the name for this API connection and add your Prudent Client ID.

Paytm

About Prudent Broker​

Overview​

Prudent Broking is a SEBI-registered full-service stock broker and depository participant, offering online trading and broking services across cash, derivatives and commodities segments in India.

What You Can Do with Prudent on AlgoTest​

  • Connect your Prudent trading account to AlgoTest
  • Automate equity and derivatives strategies without writing code
  • Backtest and optimize strategies using historical data
  • Track trades, monitor performance, and make real-time adjustments

FAQs​

1. What market segments are supported through AlgoTest?
Equity delivery, intraday, futures, and options segments are supported.

2. Do I need coding skills to use AlgoTest with Prudent?
No, AlgoTest offers a no-code interface for creating and deploying strategies.

3. Can I run multiple strategies at once?
Yes, you can deploy, manage, and monitor multiple strategies simultaneously through AlgoTest’s dashboard.