How to Copy Trade with Kotak Neo

To connect Kotak Neo in AlgoDelta’s Copy Trading software, follow these steps:
1. Generate the API Key from the Kotak neo trade API (napi) portal.
2. Add Kotak Neo Account Details in Algodelta’s Copy Trading

Step 1:

  1. Go to https://napi.kotaksecurities.com/devportal/apis to log in.
  2. Click the “Sign In” button in the Right Corner.
  3. Enter APi “Client ID” and “Password” and Click on ‘Continue’.
  4. You will see the API Dashboard. and Click on “Applications”.

Step 2:

You will see one DefaultApplication.

  1. Click on “DefaultApplication”.
  2. Now from the navigation menu Click on “Production Keys”.
  3. Now Update the Time in all fields to “86400” and Click on Update.
  4. Now Copy “Consumer Key” and “Consumer Secret” to connect the account in Algodelta’s copy trading.

Step 3:

Now, go to AlgoDelta’s Copy Trading using the following link:
https://copytrading.algodelta.com. Enter your AlgoDelta email ID and password.

Step 4:

Go to the “User Management” tab and click on “Connect User’s Broker.” Select “kotakneo” as the broker and provide the following details: Nickname, Mobile Number, Email, Koktak Neo Mobile NO, Neo Password, Neo Consumer Key, Neo Consumer Secret, Neo API Username, Neo API Password (generated from the Kotak neo API portal) and MPIN(6 digits) of Kotak neo Click on “Add.” You will see a “Broker Connected” pop-up.

Step 5:

Click on the “Demat View” button next to your account. You will be able to view your positions, order book, trade book, margin details, and P&L (Profit & Loss).

Step 6:

Now, go to the Copy Trading section and add your account. Ensure that you have purchased a copy trading plan from the “Copy Trading Plans” tab. Click on the dropdown menu to set your account as a master or child account, depending on your preference.

Conclusion:

By following these steps, you will successfully connect your Kotak Neo account to AlgoDelta’s Copy Trading software and gain access to its features for enhanced trading experiences.

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