In this article, we will discuss
- What is Samco Trade API, and How Can You Use It?
- Why use Samco Trade API?
- Who all Can Use Samco Trade API
Are you looking for a way to trade in the Indian stock market with more flexibility, control, and efficiency? Do you want to build your own trading platform or implement your own trading strategies based on your analysis and preferences? If yes, then you should check out the Samco Trade API, a powerful and free tool that lets you access the live market data, place orders, monitor your portfolio, and much more.
What is Samco Trade API, and How Can You Use It?
Samco Trade API is a set of REST APIs that allow you to interact with the Samco trading platform programmatically. You can use the Samco Trade API to perform various tasks such as:
- Login to your Samco account and get a session token for authentication
- Search for symbols across different exchanges and segments
- Place orders of different types (market, limit, stop loss, etc.) and modify or cancel them
- View your order status, trade book, order book, positions, and holdings
- Get live market feeds, historical data, and index data
- Access various calculators and tools such as brokerage calculator, margin calculator, options fair value calculator, etc.
Why use Samco Trade API?
There are many benefits and features of using the Samco Trade API for your trading needs. Some of them are:
- Zero Charges: Enjoy the platform without any fees or subscription Charges, saving you money compared to other APIs with usage-based charges.
- High-Speed Execution: Execute up to 200 orders per second per user, offering one of the industry's fastest and most reliable execution speeds.
- Extensive Historical Data: Access 30 years of historical data, including adjusted data accounting for corporate actions, for effective back-testing and strategy improvement.
- Live Streaming: Monitor real-time market data and trends with Samco's web-socket technology, enabling informed decision-making.
- User-Friendly Documentation: Access comprehensive, user-friendly documentation on setting up and using the platform, available on the Samco Trade API website. It covers registration, authentication, endpoint usage, and error handling, offering code examples in various programming languages.
- Robust Backtesting: Utilise a vast and regularly updated market database from sources like NSE, BSE, and MCX for in-depth backtesting. Filter and select data based on criteria, run algorithms, and analyse results using metrics like returns and Sharpe ratio, comparing them against benchmarks like Nifty 50 and Sensex.
- Diverse Market Access: Trade a wide range of markets and instruments across asset classes, including stocks, commodities, indices, futures, and options. Access multiple exchanges and brokers in India and abroad, with the flexibility to manage multiple accounts and portfolios.
- Secure Execution: Experience lightning-fast execution, unmatched accuracy, and unwavering reliability with our Samco Trade API
Who all Can Use Samco Trade API
Samco Trade API serves a wide range of users with diverse purposes. Algorithmic traders can harness its capabilities to execute trading strategies automatically, drawing from live and historical market data, order management, and position tracking. Trading platform developers find it a valuable tool for crafting customised interfaces, leveraging SDKs to expedite their work. Meanwhile, retail traders have the option to use Samco Trade API directly or create their own interfaces by integrating their preferred libraries. This empowers them to trade across various segments, including equities, derivatives, commodities, and currencies, all accessible through a single account and interface.
The Samco Trade API is a powerful tool that gives you more flexibility, control, and efficiency in your trading activities. You can use it to customise your trading experience, automate your trading strategies, save time and money, and access it for free as a Samco customer. If you are interested in using the Samco Trade API, you can open a Samco account today and claim your free access to the API.
Disclaimer: INVESTMENT IN SECURITIES MARKET ARE SUBJECT TO MARKET RISKS, READ ALL THE RELATED DOCUMENTS CAREFULLY BEFORE INVESTING. The asset classes and securities quoted in the film are exemplary and are not recommendatory. SAMCO Securities Limited (Formerly known as Samruddhi Stock Brokers Limited): BSE: 935 | NSE: 12135 | MSEI- 31600 | SEBI Reg. No.: INZ000002535 | AMFI Reg. No. 120121 | Depository Participant: CDSL: IN-DP-CDSL-443-2008 CIN No.: U67120MH2004PLC146183 | SAMCO Commodities Limited (Formerly known as Samruddhi Tradecom India Limited) | MCX- 55190 | SEBI Reg. No.: INZ000013932 Registered Address: Samco Securities Limited, 1004 - A, 10th Floor, Naman Midtown - A Wing, Senapati Bapat Marg, Prabhadevi, Mumbai - 400 013, Maharashtra, India. For any complaints Email - firstname.lastname@example.org Research Analysts -SEBI Reg.No.-INHO0O0005847