Copy trading with HDFC Sky
HDFC Securities (HDFC Sky)
Place an order once and have it copied into every account you link — between HDFC Sky accounts, or between HDFC Sky and any of 152 other Indian brokers. HDFC Sky 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 HDFC Sky?
Yes. MyAlgoMate's Copy Trading Software connects to HDFC Securities (HDFC Sky) through HDFC Sky API. A HDFC Sky 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. The HDFC Sky API is free. The software runs on your own Windows PC or cloud server, so your HDFC Sky logins stay on your machine. MyAlgoMate provides technology only, not investment advice.
// Key facts
- Connection
- HDFC Sky API
- As master
- The HDFC Sky API is free to use.
- As child
- The HDFC Sky API is free for a child account too.
- Static IP
- Needed for every HDFC Sky account. Registered with HDFC Sky.
- Daily login
- Needed — HDFC Sky asks for a one-time password at every login, so each HDFC Sky account needs a quick OTP login each trading day.
- You enter
- API Key and API Secret
- MyAlgoMate
- From ₹400 a month per account (+ GST)
- Other brokers
- Copy to or from 152 other Indian brokers
Last updated:
HDFC Sky as the master, HDFC Sky 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 HDFC Sky, copy everywhere
You place orders in your HDFC Sky account exactly as you do today. The software watches that account and places the same order in each child account — at HDFC Sky or at any other supported broker.
HDFC Sky API as master: The HDFC Sky API is free to use.
Child
Copy into HDFC Sky from anywhere
Your master can be at another broker and this HDFC Sky account follows it, trading the master's quantity times its own multiplier. Nothing is installed for a child account.
HDFC Sky API as child: The HDFC Sky API is free for a child account too.
Worth knowing about HDFC Sky
- HDFC Sky logs in with a one-time password sent to the account holder's registered mobile or email, not a stored TOTP key. Each HDFC Sky account needs a quick OTP login every trading day, so it cannot run unattended.
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.
- HDFC Sky API access for each HDFC Sky account. The HDFC Sky API is free to use. The HDFC Sky API is free for a child account too.
- A static IP registered with HDFC Sky for each HDFC Sky 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 HDFC Sky
Six steps, from API keys to the first copied order. No coding at any point.
- Step 1
Get your HDFC Sky API details
- Log in at developer.hdfcsky.com, create a Trading API app and copy the API Key and API Secret.
- Activate the app. New apps are created switched off, and every connection fails until you activate it.
- Register your static IP.
Do this for every HDFC Sky account you will use, master and children alike. The full HDFC Sky 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 HDFC Sky 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 HDFC Sky, type an A/C Name you will recognise and enter API Key and API Secret. 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 HDFC Sky 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 HDFC Sky's own app or terminal, or from your own algo. Each order is copied into every child account the moment it appears.
Copy between HDFC Sky and other brokers
The master and each child can be at different brokers, in any combination.
HDFC Sky ↔ Zerodha
Copy HDFC Sky orders into Zerodha accounts, or the other way round.
HDFC Sky ↔ Angel One
Copy HDFC Sky orders into Angel One accounts, or the other way round.
HDFC Sky ↔ Upstox
Copy HDFC Sky orders into Upstox accounts, or the other way round.
HDFC Sky ↔ Dhan
Copy HDFC Sky orders into Dhan accounts, or the other way round.
HDFC Sky ↔ Groww
Copy HDFC Sky orders into Groww accounts, or the other way round.
HDFC Sky ↔ Fyers
Copy HDFC Sky orders into Fyers accounts, or the other way round.
What reaches your HDFC Sky 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 HDFC Sky 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
- HDFC Sky API: The HDFC Sky API is free to use. The HDFC Sky API is free for a child account too.
- Brokerage: HDFC Sky's own charges on your trades are separate and unchanged.
Copy trading with HDFC Sky — questions
Yes. MyAlgoMate's Copy Trading Software connects to HDFC Securities (HDFC Sky) through HDFC Sky API. A HDFC Sky 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.
The HDFC Sky API is free to use. The HDFC Sky API is free for a child account too.
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 HDFC Sky: Registered with HDFC Sky. The software lets you give each account its own proxy, so accounts can connect from different static IPs.
Yes. HDFC Sky sends a one-time password to the account holder's registered mobile or email at every login, so each HDFC Sky account needs a quick OTP login each trading day. It cannot run unattended.
Yes. The master and every child can be at different brokers. Place an order in your HDFC Sky master and it is copied into child accounts at Zerodha, Angel One, Upstox or any other supported broker — or make HDFC Sky the child of a master held elsewhere.
Yes. Add one HDFC Sky account as the master and the others as children. Each child is sized by its own multiplier, and each one needs its own HDFC Sky API access and its own registered static IP.
API Key and API Secret, 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 HDFC Sky's app, its website or your own algo is copied the same way. If your own algo also signs in with the same HDFC Sky 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. HDFC Sky's own API is separate. The HDFC Sky API is free to use. The HDFC Sky API is free for a child account too. HDFC Sky'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. HDFC Sky rules and charges change — details are as of 31 October 2026; check with HDFC Sky for the latest.
Start copy trading with HDFC Sky
Add your HDFC Sky account as a master or a child and copy your first order — 7 days free trial.