In the modern busy stock market, traders must have speed, automation, and accuracy in order to stay ahead. One of the best ways to do this is to take advantage of the Alice Blue API for copy trading. Alice Blue is a well-known discount broker in India that gives traders access to powerful API solutions which enable traders to not only automate their strategies but also simultaneously copy that same trade in multiple accounts.
In this article, we will outline what the Alice Blue API is, how it functions internally for copy trading, and how it is now gaining traction among traders who look for efficiency and consistency.
What is Alice Blue API?
The Alice Blue API (Application Programming Interface) is a resource of tools for traders to interface with third-party applications, trading algorithms, and copy trading software using the Alice Blue trading platform.
Instead of manually placing the trades, traders can use the API to:
- Place orders instantly.
- Connect with algo trading firms.
- Allow copy trading software like Combiz Services Pvt Ltd solutions.
- Simultaneously manage multiple broking accounts.
What is copy trading at Alice Blue?
Copy trading is a technique that allows you to automatically follow the trades of other traders with experience into your own account. Using the copy trading software from Alice Blue, along with the API, you can:
- Copy trades with multiple accounts (master-child setup)
- Automate orders in NSE, BSE, MCX, F&O
- Control risk with stop-loss and target settings
- Be time-efficient and save mistakes
Steps to Start Copy Trading with the Alice Blue API
Here is a simple step-by-step way to start copy trading:
Open an Alice Blue Account.
- The first thing you need is an active Alice Blue Demat and Trading account.
Generate Alice Blue API Key
- Once you have an account, log in to your account with Alice Blue.
- Click on the Developer/Partner API tab.
- Generate an API key and access token.
Connect with a Copy Trading Software
- You will need to connect with more professional tools, such as the Combiz Services Copy Trading Software.
- You will connect by inputting your API key to access Alice Blue's trading system.
Set up master-child accounts.
- You will define a master account, the one investor who is trading, that creates multiple child accounts you will connect to the master account.
- From the master account, every order will be magically transferred to the child accounts and replicated.
Start Copy Trading
- Select the strategy or trader you wish to follow.
- When a transaction is executed in the master account, that transaction appears in real time in all of the connected accounts.
Benefits of Using Alice Blue API for Copy Trading
- Fast Execution – Orders are placed immediately across accounts without a split-second delay.
- Multiple Account Management – Excellent for traders managing clients or multiple portfolios.
- Customisable Strategies – Connect with TradingView, MT4, or any other platform to automatically run trades.
- Zero Broking Benefits – Alice Blue offers low-cost plans and zero broking plans that make copy-trading feasible.
- Supported in All Segments – Equity, F&O, MCX, and Currency trading supported.
Check out the pricing details for copy trading
Price
Why Alice Blue for Copy Trading?
- Low Broking – Only ₹15 per order, or 0.05% of the order value, makes them one of the lowest-cost brokers.
- Free Account Setup – There is no charge for Demat or Trading accounts.
- API Support – State-of-the-art integration with algo or copy trading software.
- Partner of Combiz Services Pvt Ltd – Easily integrates into the Combiz Copy Trading Software (one of the best copy trading software in India).
Conclusion
Using the Alice Blue API for copy trading is a great choice for both novice and experienced traders. You can instantly execute trades on multiple accounts, and Alice Blue allows traders to automate their trading strategies without wasting time.
If you are looking to scale your trading, manage client accounts, or automate trades, the Alice Blue API and Combiz Copy Trading Software are the solutions.
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