Product Updates

Open API – Personalizing Trading2 min read

February 14, 2023
personalized trading through open api on paytm money

author:

Open API – Personalizing Trading2 min read

We’ve all heard that one size does not fit all. So we thought, why not let you customize your own trading experience? Presenting Individual API for retail users to create customized trading on Paytm Money.

Did you frequently yearn for a specialized trading platform equipped with cutting-edge features to satisfy your unique requirements? Have you ever considered connecting your primary trading terminal to additional trading or investment platforms?

If the answer to either of these questions is yes, then Personalized Trading on Paytm Money is what you need. To encourage innovation in the Indian capital markets, we’ve launched an Individual API that will make your trading experience unique and enjoyable.

1. What is Paytm Money Individual API?

Open APIs are simple Rest APIs built on top of the Paytm Money trading system that allow Paytm Money users to gain programmatic access to order, trade, position, portfolio, funds, profile, live market data, margin calculator, and other features. This will enable a user to manage trading and investing through a preferred user interface.

2. How do they Work?

  • To generate the API Key and API Secret, you must have a KYC ready equity trading account with Paytm Money.
  • If you already have one, you can sign in for a developer account here https://developer.paytmmoney.com/ and create an app and get started instantly.

explore open api

3. What types of APIs are available?

We have launched – 

  1. Trading API
  2. Live Market data API
    • Live quote through API
    • Broadcast data through websocket

For more information you may explore our API documentation.

4. Are these APIs only for Developers who know coding?

Not Really!! Any trader who has trading ideas can subscribe for Paytm Money Open API and hire a third party developer to code the trading tool, trading set-up and connect to Paytm Money trading system. Your developer can develop the logic in excel, charting tools like Amibroker, NinjaTrader etc or any  trading platforms using NodJS, JAVA, Python programming SDK’s. 

5. Are there any charges for the API?

No, it’s absolutely free for you!!

For more information please visit- https://developer.paytmmoney.com/

Disclaimer– Investment in the securities market are subject to market risks, read all the related documents carefully before investing. Paytm Money Ltd SEBI Reg No. Broking – INZ000240532. NSE (90165), BSE(6707) Regd Office: 136, 1st Floor, Devika Tower, Nehru Place, Delhi – 110019. For complete Terms & Conditions and Disclaimers visit https://www.paytmmoney.com/stocks/policies/terms#open-api