Copy trading with Goodwill
Place an order once and have it copied into every account you link — between Goodwill accounts, or between Goodwill and any of 152 other Indian brokers. Goodwill can be the master you trade in, or a child that receives the copies, each child sized by its own multiplier.
Does MyAlgoMate's copy trading work with Goodwill?
Yes. MyAlgoMate's Copy Trading Software connects to Goodwill through Symphony XTS API. A Goodwill account can be the master — the account you trade in — or a child that receives a copy of every order, and it can copy to or from 152 other Indian brokers. XTS access through your Relationship Manager. The software runs on your own Windows PC or cloud server, so your Goodwill logins stay on your machine. MyAlgoMate provides technology only, not investment advice.
// Key facts
- Connection
- Symphony XTS API
- As master
- XTS access is set up by your Goodwill Relationship Manager — ask them about any API charges.
- As child
- Same as the master: each Goodwill account needs its own XTS access from your Relationship Manager.
- Static IP
- Needed for every Goodwill account. Registered with Goodwill — your Relationship Manager can tell you how.
- Daily login
- Not needed — the software signs Goodwill in for you with your XTS keys.
- You enter
- XTS Client ID, Password (if your broker uses one), Market Data API key and secret, Interactive API key and secret, Base URL and Host Lookup URL and TOTP secret (if your broker requires TOTP)
- MyAlgoMate
- From ₹400 a month per account (+ GST)
- Other brokers
- Copy to or from 152 other Indian brokers
Last updated:
Goodwill as the master, Goodwill as a child
Copy trading has two roles. The master is the account you trade in; every child gets a copy of each order.
Master
Trade in Goodwill, copy everywhere
You place orders in your Goodwill account exactly as you do today. The software watches that account and places the same order in each child account — at Goodwill or at any other supported broker.
Goodwill API as master: XTS access is set up by your Goodwill Relationship Manager — ask them about any API charges.
Child
Copy into Goodwill from anywhere
Your master can be at another broker and this Goodwill account follows it, trading the master's quantity times its own multiplier. Nothing is installed for a child account.
Goodwill API as child: Same as the master: each Goodwill account needs its own XTS access from your Relationship Manager.
Worth knowing about Goodwill
- On the Goodwill (XTS) screen in the software, turn on Binary Market Data and choose your user type (Dealer or PRO) before you connect.
What you need
- A Windows PC, or a Windows cloud machine you rent, that stays on and connected during market hours.
- A MyAlgoMate Copy Trading subscription covering your master and the child accounts you want copying.
- Goodwill API access for each Goodwill account. XTS access is set up by your Goodwill Relationship Manager — ask them about any API charges. Same as the master: each Goodwill account needs its own XTS access from your Relationship Manager.
- A static IP registered with Goodwill for each Goodwill account — and, for accounts at other brokers, one registered with their broker. No static IP yet? Our Cloud Server for Algo Trading comes with one, and the free static IP checker shows the IP you connect from.
Set up copy trading with Goodwill
Six steps, from API keys to the first copied order. No coding at any point.
- Step 1
Get your Goodwill API details
- Ask your Goodwill Relationship Manager (RM) to map your trading account to the Symphony XTS API.
- Collect the credentials they send: XTS Client ID (and Password, if used), Market Data API key and secret, Interactive API key and secret, Base URL and Host Lookup URL.
- If Goodwill requires TOTP, log in to your terminal, open Profile → Register for TOTP and save the TOTP secret.
- Register the static IP your software will connect from with Goodwill.
Do this for every Goodwill account you will use, master and children alike. The full Goodwill setup, field by field →
- Step 2
Install the software and sign in
Install MyAlgoMate's Copy Trading Software on a Windows PC or a Windows cloud machine that stays on during market hours, and sign in with your MyAlgoMate account. Turn on Set time automatically in Windows first.
- Step 3
Add Goodwill as your master or as a child
On the ACCOUNTS screen press Add Master (the account you trade in) or Add Child (an account that receives copies). Choose Goodwill, type an A/C Name you will recognise and enter XTS Client ID, Password (if your broker uses one), Market Data API key and secret, Interactive API key and secret, Base URL and Host Lookup URL and TOTP secret (if your broker requires TOTP). If this account connects through its own static IP (a proxy), fill in the account's proxy block too.
- Step 4
Run the broker IP check
The check opens by itself when you save the account. It confirms Goodwill accepts orders from this account's IP before the market opens, so you never find out from a rejected order. You can re-run it any time from the account's ⋯ menu.
- Step 5
Set each child's multiplier and segments
Every child account trades the master's quantity times its own multiplier — whole numbers, fractions or decimals, and a different figure per segment if you want. Untick any segment you don't want copied into that account.
- Step 6
Log in all accounts and start copying
Press Login All: the master logs in first, then the children. Press START COPY and trade as you always do — in Goodwill's own app or terminal, or from your own algo. Each order is copied into every child account the moment it appears.
Copy between Goodwill and other brokers
The master and each child can be at different brokers, in any combination.
Goodwill ↔ Zerodha
Copy Goodwill orders into Zerodha accounts, or the other way round.
Goodwill ↔ Angel One
Copy Goodwill orders into Angel One accounts, or the other way round.
Goodwill ↔ Upstox
Copy Goodwill orders into Upstox accounts, or the other way round.
Goodwill ↔ Dhan
Copy Goodwill orders into Dhan accounts, or the other way round.
Goodwill ↔ Groww
Copy Goodwill orders into Groww accounts, or the other way round.
Goodwill ↔ Fyers
Copy Goodwill orders into Fyers accounts, or the other way round.
What reaches your Goodwill child accounts
| You place | Each child gets |
|---|---|
| Market order | A limit order, priced from your own Order settings |
| Limit order | A limit order at your price |
| Stop-loss limit (SL) | The same waiting stop-loss order |
| Stop-loss market (SL-M) | The same waiting stop-loss order |
| A change to price or trigger | The same change |
| A cancellation | The matching orders are cancelled |
Equity, F&O and commodity orders across eight segments (NSE, NFO, NCO, MCX, CDS, BSE, BFO, BCD), each switchable per account. Not copied: after-market, bracket and cover orders, quantity changes on a waiting order, and anything your master's broker rejects. Copy settings in the user guide →
Built for running many accounts at once
Multiplier per account
Size each child on its own — and per segment — with rounding to whole lots decided in advance.
Rejection handling
Decide what one refused child order does: carry on, stop, or retry then stop.
Unfilled child orders
Move the price a set number of times, or wait, when a child order lags behind.
Auto order slicing
Orders above the exchange freeze limit are split into smaller orders automatically.
Re-Balance
Find any child not holding what the master holds, and place the orders that fix it.
Per-account limits
Max Loss and Max Profit per account, plus one-press Exit All.
What copy trading with Goodwill costs
- MyAlgoMate: from ₹400 a month per account (+ GST), or ₹500 month to month. Every account counts, the master included; a live setup needs at least one master and one child. See plans
- Goodwill API: XTS access is set up by your Goodwill Relationship Manager — ask them about any API charges. Same as the master: each Goodwill account needs its own XTS access from your Relationship Manager.
- Brokerage: Goodwill's own charges on your trades are separate and unchanged.
Copy trading with Goodwill — questions
Yes. MyAlgoMate's Copy Trading Software connects to Goodwill through Symphony XTS API. A Goodwill account can be the master — the account you trade in — or a child that receives a copy of every order, and it can copy to or from accounts at any of the other 152 supported brokers.
XTS access is set up by your Goodwill Relationship Manager — ask them about any API charges. Same as the master: each Goodwill account needs its own XTS access from your Relationship Manager.
Yes. Every account that places orders through a broker API — the master and each child — needs a static IP registered with its broker, and orders from an unregistered IP are rejected. At Goodwill: Registered with Goodwill — your Relationship Manager can tell you how. The software lets you give each account its own proxy, so accounts can connect from different static IPs.
No. You enter each Goodwill account's details once, and the software logs it in for you. Nobody needs to log in to Goodwill separately.
Yes. The master and every child can be at different brokers. Place an order in your Goodwill master and it is copied into child accounts at Zerodha, Angel One, Upstox or any other supported broker — or make Goodwill the child of a master held elsewhere.
Yes. Add one Goodwill account as the master and the others as children. Each child is sized by its own multiplier, and each one needs its own Goodwill API access and its own registered static IP.
XTS Client ID, Password (if your broker uses one), Market Data API key and secret, Interactive API key and secret, Base URL and Host Lookup URL and TOTP secret (if your broker requires TOTP), plus the account's Client ID. You enter them once, and they are stored on your own machine — never on MyAlgoMate's servers.
Yes. The software watches your master account's order book, so an order placed in Goodwill's app, its website or your own algo is copied the same way. If your own algo also signs in with the same Goodwill API key, ask us on WhatsApp before you start — brokers set their own rules on one API key being used by two programs at once.
The software sends the child orders as soon as the master's order appears. What you actually see also depends on how quickly each broker's API replies and on your internet connection; a cloud machine with a good connection is quicker than a home PC.
MyAlgoMate's Copy Trading Software costs from ₹400 a month per account (+ GST), or ₹500 month to month. Every account counts, the master included, and a live setup needs at least one master and one child. Goodwill's own API is separate. XTS access is set up by your Goodwill Relationship Manager — ask them about any API charges. Same as the master: each Goodwill account needs its own XTS access from your Relationship Manager. Goodwill's brokerage on your trades is separate too.
MyAlgoMate is a technology provider. The software places the orders you tell it to place, in the accounts you link to it; it does not advise you on what to trade. Goodwill rules and charges change — details are as of 31 October 2026; check with Goodwill for the latest.
Start copy trading with Goodwill
Add your Goodwill account as a master or a child and copy your first order — 7 days free trial.