Algo Trading with Neo Trade API

A trading API allows you to connect your trading account with an app or software to view market data and place orders digitally. It removes the need for manual clicks on a trading platform and enables account access through technology.

To use an API in trading, you enable API access for your trading account and connect it to an app or software of your choice. Once connected, you can view market prices, place orders, and track your account digitally in an organised way.

Kotak NEO Trade API is suitable for users who want better control, automation, or customization in how they monitor markets and manage trades. It is commonly used by active traders, developers, and users building their own trading tools.

To access the API, follow these steps:

• Login to your Kotak Neo account
• Go to Invest > Trade API > API Dashboard
• You can generate your API access token, view documentation links, and manage whitelisted IPs.

Yes. Kotak NEO Trade API orders are free for everyone, with no brokerage charged on orders placed through the API and no additional API platform fee at Kotak NEO.

A trading API helps reduce manual effort and improves consistency by allowing actions to be handled through systems or applications. It is useful for users who prefer structured workflows, data-driven decisions, and scalable trading setups.

You get instant access. Once you generate your token and register your static IP, your account is ready to use immediately.

• Copy your access token from the API Dashboard.
• Register your TOTP (Google Authenticator, Microsoft Authenticator, etc.) to generate 6-digit login codes.
• Use the access token and hit the respective API endpoint along with correct headers and request body.
• Refer documentation for detailed guidance.

There is no subscription fee or charge for Neo Trade API. It is completely free for all Kotak Neo customers. You only pay statutory exchange and regulatory charges.

Yes. Neo Trade APIs are 100% RESTful and language-agnostic. Whether you code in Python, Java, C#, Node.js, or Go - you can connect easily using HTTP libraries or SDKs.

Yes. After authenticating with your access token and TOTP, you will receive session credentials. With these, you can:

• Place orders (Market, Limit, Stop-loss, CO, BO, AMO)
• Modify/Cancel orders
• Access order book, trade book, positions, holdings, margins

Brokerage is ₹0 per order on all trade free plans when you place trades via Neo Trade APIs. Only standard exchange, SEBI, GST and statutory charges apply.
However, for Bracket Orders, while the initial order has zero brokerage, the square-off leg will attract standard brokerage charges.

Currently, the system supports up to 10 orders per second.

Yes. Any customer with a trading account on Kotak Neo can request API access by generating their access token and registering their static IP.

Neo Trade API supports all major product types:

• CNC - Delivery trades
• MIS - Intraday trades
• NRML - Normal/F&O trades
• CO - Cover Orders
• BO - Bracket Orders
• AMO - After Market Orders

If you’ve forgotten or no longer have access to your TOTP, you can reset it by deregistering and then registering again. Follow these steps:

1. Go to the TOTP setup link here
   

2. Enter your mobile number
   

3. Generate and submit the OTP
   

4. Click on “De-register” to remove the existing TOTP
   

5. Once deregistered, you can register again by completing the same setup flow.
   

This will configure a fresh TOTP and restore access for Trade API usage.