Zerodha API work
How does Zerodha API work?
What is the use of kite API?
The Kite API can be used to build custom trading platforms, algorithmic trading systems, and other financial applications. It can also be integrated with other software and tools, such as Excel, R, and Python. The API supports multiple programming languages and platforms, including Python, Java, and .NET.
Kite API can help to automate the trading process by reducing human intervention, it can also help to create custom trading strategies based on the market data and user’s preferences. With the help of kite API, one can easily monitor their trading portfolio, place orders and track the status of the order.
How can I get Zerodha API for free?
Here are the steps to follow:
- Open a trading account with Zerodha.
- Login to your Zerodha account and navigate to the API section.
- Generate your API key.
- Use the API key to access the API and start building your application.
It’s important to note that while the API itself is free to use, you will be charged brokerage fees for any trades executed through the API, just as you would be for trades executed through their web and mobile platforms. Also usage is subject to Zerodha’s terms of use and API policies, which can change at any time.
Additionally, Zerodha API has a usage limit of 60 requests per minute, if the usage exceeds the limit the API will return an error message.
It’s recommended to always read and understand the terms of use and API policies before using the API to ensure that you are in compliance with all regulations and requirements.