Copy trading with IIFL
Place an order once and have it copied into every account you link — between IIFL accounts, or between IIFL and any of 152 other Indian brokers. IIFL 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 IIFL?
Yes. MyAlgoMate's Copy Trading Software connects to IIFL Securities through IIFL ONT API. A IIFL 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 ONT API is free. The software runs on your own Windows PC or cloud server, so your IIFL logins stay on your machine. MyAlgoMate provides technology only, not investment advice.
// Key facts
- Connection
- IIFL ONT API, or Symphony XTS
- As master
- The ONT API is free — IIFL charges no API fee.
- As child
- The ONT API is free for a child account too.
- Static IP
- Needed for every IIFL account. Registered with IIFL.
- Daily login
- Not needed — the software signs IIFL in for you with your TOTP key.
- You enter
- API Key, API Secret, Client ID, Password and TOTP key
- MyAlgoMate
- From ₹400 a month per account (+ GST)
- Other brokers
- Copy to or from 152 other Indian brokers
Last updated:
IIFL as the master, IIFL 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 IIFL, copy everywhere
You place orders in your IIFL account exactly as you do today. The software watches that account and places the same order in each child account — at IIFL or at any other supported broker.
IIFL API as master: The ONT API is free — IIFL charges no API fee.
Child
Copy into IIFL from anywhere
Your master can be at another broker and this IIFL account follows it, trading the master's quantity times its own multiplier. Nothing is installed for a child account.
IIFL API as child: The ONT API is free for a child account too.
Worth knowing about IIFL
- An IIFL account is on either the newer ONT API or Symphony XTS. The IIFL setup page explains how to tell which one yours uses.
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.
- IIFL API access for each IIFL account. The ONT API is free — IIFL charges no API fee. The ONT API is free for a child account too.
- A static IP registered with IIFL for each IIFL 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.
- TOTP turned on for each IIFL account, with its secret key saved.
Set up copy trading with IIFL
Six steps, from API keys to the first copied order. No coding at any point.
- Step 1
Get your IIFL API details
- Register for API access on the IIFL Trading API portal (customer login), then copy the API Key and API Secret.
- Enable TOTP on your IIFL account.
- Register your static IP.
Do this for every IIFL account you will use, master and children alike. The full IIFL 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: IIFL logins use a TOTP code worked out from the clock, and a clock that is out by a minute makes them fail.
- Step 3
Add IIFL 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 IIFL, type an A/C Name you will recognise and enter API Key, API Secret, Client ID, Password and TOTP key. 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 IIFL 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 IIFL's own app or terminal, or from your own algo. Each order is copied into every child account the moment it appears.
IIFL has more than one way to connect: IIFL ONT API setup · IIFL Symphony XTS setup.
Copy between IIFL and other brokers
The master and each child can be at different brokers, in any combination.
IIFL ↔ Zerodha
Copy IIFL orders into Zerodha accounts, or the other way round.
IIFL ↔ Angel One
Copy IIFL orders into Angel One accounts, or the other way round.
IIFL ↔ Upstox
Copy IIFL orders into Upstox accounts, or the other way round.
IIFL ↔ Dhan
Copy IIFL orders into Dhan accounts, or the other way round.
IIFL ↔ Groww
Copy IIFL orders into Groww accounts, or the other way round.
IIFL ↔ Fyers
Copy IIFL orders into Fyers accounts, or the other way round.
What reaches your IIFL 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 IIFL 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
- IIFL API: The ONT API is free — IIFL charges no API fee. The ONT API is free for a child account too.
- Brokerage: IIFL's own charges on your trades are separate and unchanged.
Copy trading with IIFL — questions
Yes. MyAlgoMate's Copy Trading Software connects to IIFL Securities through IIFL ONT API (or Symphony XTS). A IIFL 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 ONT API is free — IIFL charges no API fee. The ONT 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 IIFL: Registered with IIFL. The software lets you give each account its own proxy, so accounts can connect from different static IPs.
No. You enter each IIFL account's details once, and the software logs it in for you using the TOTP key. Nobody needs to log in to IIFL separately.
Yes. The master and every child can be at different brokers. Place an order in your IIFL master and it is copied into child accounts at Zerodha, Angel One, Upstox or any other supported broker — or make IIFL the child of a master held elsewhere.
Yes. Add one IIFL account as the master and the others as children. Each child is sized by its own multiplier, and each one needs its own IIFL API access and its own registered static IP.
API Key, API Secret, Client ID, Password and TOTP key, 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 IIFL's app, its website or your own algo is copied the same way. If your own algo also signs in with the same IIFL 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. IIFL's own API is separate. The ONT API is free — IIFL charges no API fee. The ONT API is free for a child account too. IIFL'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. IIFL rules and charges change — details are as of 31 October 2026; check with IIFL for the latest.
Start copy trading with IIFL
Add your IIFL account as a master or a child and copy your first order — 7 days free trial.