Algo trading with Prabhudas Lilladher Private Limited
Connect your Prabhudas Lilladher Private Limited account to MyAlgoMate and automate your execution — one-click orders, risk controls and fast exits, no coding required.
Connecting Prabhudas Lilladher Private Limited
MyAlgoMate connects to PL Capital (Prabhudas Lilladher) through its PL DigiTrade API. You generate an API Key — shown as your “Secret Code” — in the PL DigiTrade developer portal, set up TOTP for two-factor login, register a static IP as PL Capital requires, and then enter your Client ID, API Key and TOTP key into the broker login form in MyAlgoMate.
Use Prabhudas Lilladher Private Limited with
Your Prabhudas Lilladher Private Limited account works with all 6 of these MyAlgoMate products — plus custom automation of your own strategy.
- Stockmock and Algotest strategy automation tool (Time Based Straddle Strangle)
- Trademate
- Copy Trading Software
- TradeBridge
- Cloud Server for Algo Trading
- RMS Tool
- Custom strategy automation — your own logic, automated; you set the rules and stay in control.
Setting up Prabhudas Lilladher Private Limited
Step 1 — Generate your API Key (Secret Code)
- Log in to the PL DigiTrade developer portal at pldigitrade.plindia.com with your PL Capital credentials.
- Open the menu under your Login ID (top-right) and choose API Key — generate your key and copy the Secret Code. This is what MyAlgoMate uses to log in for you.
- Note your Client ID — your PL Capital login id.
Step 2 — Set up TOTP and copy your TOTP key
PL Capital uses TOTP as the second factor. MyAlgoMate signs in for you, so it needs the TOTP secret key itself rather than a 6-digit code you type in.
- In the PL DigiTrade portal, under your Login ID choose Authenticator Code / TOTP and enable it.
- When the QR code appears, save the secret key it contains — most authenticator apps show a “can't scan the code?” or manual-entry option that reveals it. This secret key is the TOTP key MyAlgoMate needs.
- Scan the QR code into your authenticator app (Google Authenticator, Authy, etc.) as well, so you can still sign in yourself.
Step 3 — Register your static IP (mandatory)
A registered static IP is required for placing orders through the API (SEBI retail algo-trading rules, in force since 1 April 2026). PL Capital only accepts API orders that originate from your registered static IP.
- Register your static IP in the PL DigiTrade portal — you can register a primary and a backup IPv4 address.
- Which IP to use: if you run MyAlgoMate on your own machine, use your ISP's static IP; if you run it on a cloud machine, use that cloud server's static IP.
No static IP or cloud machine yet? Our Cloud Server for Algo Trading is a cloud machine specialised for algo trading, and it comes with its own static IP you can register.
Step 4 — Enter the details in MyAlgoMate
- Open the broker login form in MyAlgoMate and enter your Client ID, API Key (Secret Code) and TOTP key, then save.
What you need to collect
To connect PL Capital (PL DigiTrade), the broker login form in MyAlgoMate needs three details:
- Client ID — your PL Capital login id
- API Key (Secret Code) — generated in the PL DigiTrade developer portal; it acts as the API secret for login
- TOTP key — the secret key from the Authenticator Code / TOTP setup in the portal
One more thing is set on PL Capital's side rather than entered here: your registered static IP.
No Redirect URL needed
You don't enter a Redirect URL for PL Capital in MyAlgoMate — MyAlgoMate handles the connection. You only generate your API Key (Secret Code), set up TOTP, register your static IP, and enter the three details above.
Static IP — required by PL Capital
Since 1 April 2026, SEBI's retail algo-trading rules require a registered static IP for API order placement — PL Capital only accepts API orders that originate from your registered static IP. Use your ISP's static IP if you run MyAlgoMate on your own machine, or your cloud machine's static IP if you run it on a server. PL Capital lets you register a primary and a backup IPv4 address.
If you don't have a static IP, our Cloud Server for Algo Trading is a cloud machine built for algo trading and includes a static IP you can register.
Cost
PL Capital's PL DigiTrade API is currently free to use. Please check with PL Capital for the latest terms.
Keep your credentials private
Your Password, API keys and TOTP key are the keys to your own trading account — never share them with anyone. MyAlgoMate provides the automation technology; you set the rules and stay in control of your own trades.
Prabhudas Lilladher Private Limited — questions
What PL Capital details does MyAlgoMate need?
Three: your Client ID, your API Key (shown as the “Secret Code”), and your TOTP secret key. Your static IP is registered on PL Capital's side, not entered here.
Where do I get my PL Capital API Key (Secret Code)?
Log in to the PL DigiTrade developer portal at pldigitrade.plindia.com, open the menu under your Login ID, and choose API Key — generate it and copy the Secret Code.
Where do I find my PL Capital TOTP key?
In the PL DigiTrade portal, under your Login ID choose Authenticator Code / TOTP and enable it. Use the manual-entry option on the QR screen to reveal the secret key — that is the TOTP key MyAlgoMate needs.
Do I need a Redirect URL for PL Capital?
No. You don't enter a Redirect URL in MyAlgoMate — MyAlgoMate handles the connection.
Do I need a static IP for PL Capital API trading?
Yes. Register your static IP in the PL DigiTrade portal (a primary and a backup IPv4 address are allowed). You can change a registered static IP only once every 7 days.
Is the PL Capital API free?
Yes, PL Capital's PL DigiTrade API is currently free to use. Please check with PL Capital for the latest terms.
Automate on Prabhudas Lilladher Private Limited, the compliant way
Connect in minutes, automate without code, and stay in control — with a team that answers.