Copy trading with Motilal Oswal
Place an order once and have it copied into every account you link — between Motilal Oswal accounts, or between Motilal Oswal and any of 152 other Indian brokers. Motilal Oswal 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 Motilal Oswal?
Yes. MyAlgoMate's Copy Trading Software connects to Motilal Oswal through MO API (Open API). A Motilal Oswal 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 MO API is free. The software runs on your own Windows PC or cloud server, so your Motilal Oswal logins stay on your machine. MyAlgoMate provides technology only, not investment advice.
// Key facts
- Connection
- MO API (Open API), or Symphony XTS
- As master
- The MO API is free — Motilal Oswal charges no API fee.
- As child
- The MO API is free for a child account too.
- Static IP
- Needed for every Motilal Oswal account. Registered on the MO API developer portal (a Primary IP, plus an optional Secondary).
- Daily login
- Not needed — the software signs Motilal Oswal in for you with your TOTP key.
- You enter
- API Key, API Secret Key, 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:
Motilal Oswal as the master, Motilal Oswal 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 Motilal Oswal, copy everywhere
You place orders in your Motilal Oswal account exactly as you do today. The software watches that account and places the same order in each child account — at Motilal Oswal or at any other supported broker.
Motilal Oswal API as master: The MO API is free — Motilal Oswal charges no API fee.
Child
Copy into Motilal Oswal from anywhere
Your master can be at another broker and this Motilal Oswal account follows it, trading the master's quantity times its own multiplier. Nothing is installed for a child account.
Motilal Oswal API as child: The MO API is free for a child account too.
Worth knowing about Motilal Oswal
- A Motilal Oswal account can also connect through Symphony XTS, with credentials from your Relationship Manager. Both connections work for copy trading.
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.
- Motilal Oswal API access for each Motilal Oswal account. The MO API is free — Motilal Oswal charges no API fee. The MO API is free for a child account too.
- A static IP registered with Motilal Oswal for each Motilal Oswal 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 Motilal Oswal account, with its secret key saved.
Set up copy trading with Motilal Oswal
Six steps, from API keys to the first copied order. No coding at any point.
- Step 1
Get your Motilal Oswal API details
- Register an app on the MO API developer portal with the Redirect URL https://invest.motilaloswal.com/ and your static IP.
- Copy the API Key and API Secret Key.
- Copy the 32-character TOTP secret key from your profile dashboard on the portal.
Do this for every Motilal Oswal account you will use, master and children alike. The full Motilal Oswal 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: Motilal Oswal 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 Motilal Oswal 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 Motilal Oswal, type an A/C Name you will recognise and enter API Key, API Secret Key, 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 Motilal Oswal 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 Motilal Oswal's own app or terminal, or from your own algo. Each order is copied into every child account the moment it appears.
Motilal Oswal has more than one way to connect: Motilal Oswal Open API setup · Motilal Oswal Symphony XTS setup.
Copy between Motilal Oswal and other brokers
The master and each child can be at different brokers, in any combination.
Motilal Oswal ↔ Zerodha
Copy Motilal Oswal orders into Zerodha accounts, or the other way round.
Motilal Oswal ↔ Angel One
Copy Motilal Oswal orders into Angel One accounts, or the other way round.
Motilal Oswal ↔ Upstox
Copy Motilal Oswal orders into Upstox accounts, or the other way round.
Motilal Oswal ↔ Dhan
Copy Motilal Oswal orders into Dhan accounts, or the other way round.
Motilal Oswal ↔ Groww
Copy Motilal Oswal orders into Groww accounts, or the other way round.
Motilal Oswal ↔ Fyers
Copy Motilal Oswal orders into Fyers accounts, or the other way round.
What reaches your Motilal Oswal 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 Motilal Oswal 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
- Motilal Oswal API: The MO API is free — Motilal Oswal charges no API fee. The MO API is free for a child account too.
- Brokerage: Motilal Oswal's own charges on your trades are separate and unchanged.
Copy trading with Motilal Oswal — questions
Yes. MyAlgoMate's Copy Trading Software connects to Motilal Oswal through MO API (Open API) (or Symphony XTS). A Motilal Oswal 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 MO API is free — Motilal Oswal charges no API fee. The MO 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 Motilal Oswal: Registered on the MO API developer portal (a Primary IP, plus an optional Secondary). The software lets you give each account its own proxy, so accounts can connect from different static IPs.
No. You enter each Motilal Oswal account's details once, and the software logs it in for you using the TOTP key. Nobody needs to log in to Motilal Oswal separately.
Yes. The master and every child can be at different brokers. Place an order in your Motilal Oswal master and it is copied into child accounts at Zerodha, Angel One, Upstox or any other supported broker — or make Motilal Oswal the child of a master held elsewhere.
Yes. Add one Motilal Oswal account as the master and the others as children. Each child is sized by its own multiplier, and each one needs its own Motilal Oswal API access and its own registered static IP.
API Key, API Secret Key, 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 Motilal Oswal's app, its website or your own algo is copied the same way. If your own algo also signs in with the same Motilal Oswal 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. Motilal Oswal's own API is separate. The MO API is free — Motilal Oswal charges no API fee. The MO API is free for a child account too. Motilal Oswal'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. Motilal Oswal rules and charges change — details are as of 31 October 2026; check with Motilal Oswal for the latest.
Start copy trading with Motilal Oswal
Add your Motilal Oswal account as a master or a child and copy your first order — 7 days free trial.