Copy trading with Nirmal Bang
Place an order once and have it copied into every account you link — between Nirmal Bang accounts, or between Nirmal Bang and any of 152 other Indian brokers. Nirmal Bang 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 Nirmal Bang?
Yes. MyAlgoMate's Copy Trading Software connects to Nirmal Bang through Symphony XTS API. A Nirmal Bang 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 Nirmal Bang 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 Nirmal Bang Relationship Manager — ask them about any API charges.
- As child
- Same as the master: each Nirmal Bang account needs its own XTS access from your Relationship Manager.
- Static IP
- Needed for every Nirmal Bang account. Registered with Nirmal Bang — your Relationship Manager can tell you how.
- Daily login
- Not needed — the software signs Nirmal Bang 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:
Nirmal Bang as the master, Nirmal Bang 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 Nirmal Bang, copy everywhere
You place orders in your Nirmal Bang account exactly as you do today. The software watches that account and places the same order in each child account — at Nirmal Bang or at any other supported broker.
Nirmal Bang API as master: XTS access is set up by your Nirmal Bang Relationship Manager — ask them about any API charges.
Child
Copy into Nirmal Bang from anywhere
Your master can be at another broker and this Nirmal Bang account follows it, trading the master's quantity times its own multiplier. Nothing is installed for a child account.
Nirmal Bang API as child: Same as the master: each Nirmal Bang account needs its own XTS access from your Relationship Manager.
Worth knowing about Nirmal Bang
- On the Nirmal Bang (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.
- Nirmal Bang API access for each Nirmal Bang account. XTS access is set up by your Nirmal Bang Relationship Manager — ask them about any API charges. Same as the master: each Nirmal Bang account needs its own XTS access from your Relationship Manager.
- A static IP registered with Nirmal Bang for each Nirmal Bang 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 Nirmal Bang
Six steps, from API keys to the first copied order. No coding at any point.
- Step 1
Get your Nirmal Bang API details
- Ask your Nirmal Bang 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 Nirmal Bang 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 Nirmal Bang.
Do this for every Nirmal Bang account you will use, master and children alike. The full Nirmal Bang 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 Nirmal Bang 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 Nirmal Bang, 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 Nirmal Bang 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 Nirmal Bang's own app or terminal, or from your own algo. Each order is copied into every child account the moment it appears.
Copy between Nirmal Bang and other brokers
The master and each child can be at different brokers, in any combination.
Nirmal Bang ↔ Zerodha
Copy Nirmal Bang orders into Zerodha accounts, or the other way round.
Nirmal Bang ↔ Angel One
Copy Nirmal Bang orders into Angel One accounts, or the other way round.
Nirmal Bang ↔ Upstox
Copy Nirmal Bang orders into Upstox accounts, or the other way round.
Nirmal Bang ↔ Dhan
Copy Nirmal Bang orders into Dhan accounts, or the other way round.
Nirmal Bang ↔ Groww
Copy Nirmal Bang orders into Groww accounts, or the other way round.
Nirmal Bang ↔ Fyers
Copy Nirmal Bang orders into Fyers accounts, or the other way round.
What reaches your Nirmal Bang 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 Nirmal Bang 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
- Nirmal Bang API: XTS access is set up by your Nirmal Bang Relationship Manager — ask them about any API charges. Same as the master: each Nirmal Bang account needs its own XTS access from your Relationship Manager.
- Brokerage: Nirmal Bang's own charges on your trades are separate and unchanged.
Copy trading with Nirmal Bang — questions
Yes. MyAlgoMate's Copy Trading Software connects to Nirmal Bang through Symphony XTS API. A Nirmal Bang 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 Nirmal Bang Relationship Manager — ask them about any API charges. Same as the master: each Nirmal Bang 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 Nirmal Bang: Registered with Nirmal Bang — 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 Nirmal Bang account's details once, and the software logs it in for you. Nobody needs to log in to Nirmal Bang separately.
Yes. The master and every child can be at different brokers. Place an order in your Nirmal Bang master and it is copied into child accounts at Zerodha, Angel One, Upstox or any other supported broker — or make Nirmal Bang the child of a master held elsewhere.
Yes. Add one Nirmal Bang account as the master and the others as children. Each child is sized by its own multiplier, and each one needs its own Nirmal Bang 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 Nirmal Bang's app, its website or your own algo is copied the same way. If your own algo also signs in with the same Nirmal Bang 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. Nirmal Bang's own API is separate. XTS access is set up by your Nirmal Bang Relationship Manager — ask them about any API charges. Same as the master: each Nirmal Bang account needs its own XTS access from your Relationship Manager. Nirmal Bang'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. Nirmal Bang rules and charges change — details are as of 31 October 2026; check with Nirmal Bang for the latest.
Start copy trading with Nirmal Bang
Add your Nirmal Bang account as a master or a child and copy your first order — 7 days free trial.