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Frequently asked questions
Common questions about copy trading, connecting your broker, static IP, pricing and trials, compliance, and setting the software up on your own PC or cloud machine. Each answer comes from the page it belongs to — follow its source link for the full detail. MyAlgoMate provides technology only, not investment advice.
Copy trading
How master and child accounts work, what gets copied, and what you control.
What is copy trading, and how does this software work?
You place a trade in your own broker terminal, as you always do. The software watches that account, called the master. The moment an order appears, it places the same order in every child account you have set up.
Those child accounts can be any other trading accounts you link, at any broker. They do not have to be at the same broker as your own.
Each child account has its own multiplier, so a larger account can trade a bigger size than a smaller one. You can also switch off whole segments, so only the orders you want are copied.
Everything runs on one Windows PC or one cloud machine, which is yours. You are the only person who installs anything, and no coding is involved at any point.
MyAlgoMate is a technology provider. The software places the orders you tell it to place, across the accounts you link to it. It does not advise you on what to trade.
Can I do copy trading with Zerodha?
Yes. MyAlgoMate's Copy Trading Software connects to Zerodha through Kite Connect API. A Zerodha 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.
Does every account need to install the software?
No. You install it once, on your own PC or cloud machine. Nothing is installed for the child accounts.
Do child account holders need to log in themselves?
No. You add each child account's broker credentials once, inside the software. The software logs those accounts in. Nobody has to log in separately, keep a PC switched on, or do anything at all.
Can the master and the child accounts be at different brokers?
Yes. The master can be at one broker and each child at a different one. There is no requirement that any two accounts share a broker.
How quickly are orders copied?
Instantly. The software watches the master's order book and sends the child orders as soon as an order appears there.
What you actually see depends on things outside the software: how quickly each broker's API replies, and your internet connection. A cloud machine with a good connection is quicker than a home PC.
How many accounts can I add?
You can add as many accounts as you like. The account list is a store of broker credentials, so keeping spare accounts on file costs nothing.
What your subscription sets is how many child accounts can copy at the same time. Switching Copy Trades on for a child uses one of those places. Switching it off frees it again.
Does it copy pending orders, or only completed ones?
Both. Completed orders are copied, and so are pending limit, SL-M and SL-limit orders that are waiting for their trigger.
What happens when a child account's order is rejected?
You decide, in Settings ▸ Rejection. There are three choices.
- Never stop. Copying continues. The rejection is logged and shown.
- Stop on the first rejection. Copying stops for the whole desk as soon as any child order is refused.
- Conditional. The software retries the order a set number of times, then either stops or carries on, as you choose.
What does Crypto Copy Trading Software do?
It copies every order you place in your master crypto account into your other accounts (the follower accounts) in real time, so you don't have to place the same order in each account by hand.
Brokers & API
Connecting your broker: the API details it asks for, TOTP, and common connection errors.
What Zerodha details does MyAlgoMate need?
Three: your Kite Connect app's API Key and API Secret, plus your Zerodha TOTP key. You enter all three in the broker login form in MyAlgoMate. Separately, your app must be mapped to your Zerodha Client ID and you must whitelist a static IP on Zerodha's side.
Why do I need TOTP for Upstox?
Upstox lets you choose between an SMS OTP and TOTP for 2FA. MyAlgoMate signs in to your Upstox account for you and cannot receive an SMS, so TOTP must be enabled and its secret key entered in MyAlgoMate. Keep the authenticator app on your phone as well, so you can still sign in to Upstox yourself.
Why does my Upstox connection fail with “Invalid Credentials”?
That error is usually a Redirect URL mismatch. Upstox checks the redirect URL on every login, so the one registered on your app must match exactly the one being used. Open your app in the Upstox developer console and confirm the Redirect URL is https://www.upstox.com. It is also worth checking that your API Key and API Secret were copied without extra spaces.
What is the difference between my App ID and my Fyers ID?
Your App ID identifies the API app you created in the Fyers API dashboard and looks like ABCD1234XY-200. Your Fyers ID is your own account login id — the one you sign in to Fyers with. They are different values and go in different fields in MyAlgoMate; mixing them up is the most common reason a Fyers connection fails.
How do I get XTS API access for SMC Global?
Contact your SMC Global Relationship Manager (RM) and ask them to map your trading account to the XTS API. Once mapped, they provide your Client ID (and Password, if your broker requires one), your Market and Interactive API key/secret pairs, and your Base URL and Host Lookup URL.
What is the difference between IIFL's ONT and XTS APIs?
They are two different IIFL trading APIs. ONT — also called the new IIFL Markets API — is the one MyAlgoMate connects to. Some older IIFL accounts are still set up on the earlier XTS API, which uses different credentials. If your account is on XTS, speak to your IIFL relationship manager and ask to be shifted to ONT.
How long are my Dhan API Key and Secret valid?
Your DhanHQ API Key and Secret are valid for 12 months from the date you generate them. Set a reminder to regenerate them before they expire so your connection keeps working.
Why do I have to log in to HDFC Sky every day?
HDFC Sky uses a one-time password (OTP) at login, sent to your mobile or email — not a stored TOTP secret. So each trading day you complete a quick OTP login to authorise MyAlgoMate for the session.
MyAlgoMate connects to Delta but no orders are placed — why?
Check the permission on the key. Delta keys are scoped, and a key created with only Read Data permission can fetch market data but cannot place orders. Create a key with Trading permission, which covers placing and cancelling orders, closing positions and changing margin and leverage. Also confirm the IP MyAlgoMate runs from is whitelisted on that key.
How many Flattrade API keys can I have?
Only one. Since 12 January 2026 an account can hold a single API key — if more than one exists, only the last-used key works and the others are deleted. If you generate a new key for another platform, your MyAlgoMate connection will stop working, so use one key and reconnect MyAlgoMate if you ever regenerate it.
Static IP
Why brokers ask for a registered static IP, and how it works when you run more than one account.
Do I need a static IP for algo trading in India?
Many Indian brokers require a whitelisted static IP for API-based order placement, and the requirement differs by broker. Check your broker's current rules to see what applies to you.
Does every Zerodha account need a static IP?
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 Zerodha: Whitelisted in your Kite Connect developer account under Profile → IP Whitelist (up to two IPs). The software lets you give each account its own proxy, so accounts can connect from different static IPs.
Is the static IP dedicated to me or shared?
It is dedicated. You get your own unique static IP for each trading account — it is not shared with anyone else.
How long does setup take?
You receive your static IP details within minutes of purchase. You then whitelist it in your broker's portal and connect.
Can I change my IP later?
Yes. If you need a different static IP, just ask our team and we'll change it for you.
Why are my Dhan orders rejected with DH-905 Invalid IP?
That error means the IP your orders are coming from does not match the static IP whitelisted on your Dhan account. Check the detected source IP against the one you whitelisted in Dhan web and make sure they match. Remember that once an IP is set, it cannot be changed for 7 days.
Why does Delta ask for an IP when I create the API key?
It is Delta's security rule: a key with Trading permission can only be created if you supply a whitelisted IP, and requests with that key only succeed from a machine with that IP. Decide where MyAlgoMate will run before creating the key. You can whitelist more than one address, and Delta accepts IPv4 and IPv6.
Pricing & trial
Free trials, how plans are billed, GST, and the API fees some brokers charge separately.
Is there a free trial?
Yes, for two products. Copy Trading Software includes a 7-day free trial and TradeBridge a 15-day free trial.
What is the price?
Copy Trading Software costs ₹400 per account per month on the annual plan, ₹450 on the quarterly plan and ₹500 on the monthly plan, plus GST. You need at least 2 accounts. Current offer prices are shown in the plans on the Copy Trading Software page.
How is copy trading billed?
Per connected trading account, per month, with a minimum of 2 accounts. You choose monthly, quarterly or annual billing.
Are prices inclusive of GST?
No. All prices exclude 18% GST, which is added on your invoice.
Do I need a paid Zerodha API subscription to use MyAlgoMate?
It depends on how Zerodha is used. Zerodha's free API is enough only when you add Zerodha as a child account in copy-trading software — no paid Connect subscription is needed there. For a master account, or a regular single-account automation setup, you need Zerodha's paid Kite Connect — a monthly fee of ₹500 per API key at the time of writing (please check Kite for the latest charges), billed by Zerodha.
Do I need a paid Chartink or TradingView plan?
Yes, for either. Chartink's webhook alerts and real-time scans are premium features, and TradingView's webhook notifications are not on the free tier.
Compliance
MyAlgoMate provides technology only. Who decides your trades, and the rules brokers and exchanges set.
Does MyAlgoMate give trading advice?
No. MyAlgoMate provides technology only, not investment advice.
Does MyAlgoMate trade for me or send signals?
No. The orders come from your own master account. MyAlgoMate provides technology only, not investment advice or signals.
Where do the trading signals come from?
From you. TradeBridge does not generate signals and does not tell you what to trade — it executes what your scanner, alert or code decides.
Does TradeMate trade on its own?
No. Every entry comes from you. TradeMate only acts by itself on rules you have set up, such as a stop loss, a target, a timed exit or a rolling rule. It never decides what to trade.
Does MyAlgoMate provide settings or backtest data?
No. The tool automates a strategy that is available in the public domain. MyAlgoMate does not endorse it and provides no backtest data or standard settings — you decide every parameter. MyAlgoMate provides technology only, not investment advice.
Where does the software run?
On your own Windows PC or your own cloud machine, through your broker's official API. MyAlgoMate does not place trades on your behalf.
Do I need approval to create a Flattrade API key?
You choose a client category when creating the key. If you place fewer than 10 orders per second you do not need exchange approval; above that threshold the algo has to be approved by the exchange. Your key may show as pending until the process is complete.
What test do I have to pass before going live with ProStocks?
ProStocks asks you to submit logs showing at least two order placements, two order modifications, two order cancellations and two trade confirmations, each on different securities, run in the UAT environment. Once they approve those, they issue your Star API live key and the live endpoint. Start this a few days before you plan to trade.
Source: Algo trading with ProStocks - Sunlight Broking LLP →
Can I run an algo on the master account at the same time?
Yes, and the software does not care how the master's order was created. An order placed by hand and an order placed by another program are copied the same way.
This has nothing to do with which brokers are supported. Every broker the software works with can be used as the master. The question here is only whether your broker lets another program use that same account at the same time.
That limit comes from your broker, not from us, and brokers fall into three groups. Some allow it on the same set of API keys. Some allow it only if you take a second set of keys. A few do not allow it at all.
Brokers change these rules, so check with your own broker. You can also ask us on WhatsApp and we will tell you what we have seen for yours.
Desktop & cloud setup
Where the software runs, what your PC or cloud machine needs, and what happens when you close it.
Is it a desktop program or a website?
It is a Windows desktop program. It runs on your own PC or on a cloud Windows machine that you rent.
Can I run it on a free cloud machine?
For a small desk, yes. A free tier is usually enough for one or two child accounts placing a handful of orders a day.
More accounts or more orders need a paid machine. A free tier has very little processing power, and the software is logging in to every account and watching every order book.
Do I need a cloud server?
Yes. TradeBridge runs on a Windows cloud machine — the signal listener lives inside the application, so the machine has to be on, awake and reachable throughout the trading day. A desktop that sleeps, restarts for updates or sits behind a changing home broadband address will drop signals. Minimum specification: 1 vCPU · 4 GB RAM · 50 GB HA NVMe. You can use MyAlgoMate's cloud server.
Do all the accounts need to stay logged in while I trade?
Yes, inside the software, on your machine. The software holds each account's broker session and watches its order book.
This is still nothing for the child accounts to do. The logins happen inside your copy of the software.
What do I need to run it?
Your broker's API with historical data (any API fee is billed by your broker), and a Windows or Mac computer — or your own cloud machine.
Do I need to know how to code to use TradeBridge?
No. If you use Chartink or TradingView, you copy a URL out of TradeBridge and paste it into your scanner or alert. Writing code is a third option, not a requirement.
What happens to my stop loss if I close TradeMate?
It depends on one switch. A stop loss with At broker turned on rests as a real order with your broker, so it still works when TradeMate is closed. Everything else, including targets, trailing and rules, runs inside TradeMate and stops when TradeMate stops.
Do my rules stay set after a restart?
No, and that is on purpose. Armed stop losses, targets, trailing, ATM and MTM rules, rolling rules and price rules all start fresh each time. The values you typed as defaults are kept, so re-arming takes a click.
Can I try it without real orders?
Yes. Choose PAPER TRADE on the sign-in screen. The option chain, the books and the rules all work, but orders are simulated inside TradeMate and nothing reaches your broker. You still log in to your broker, because the prices come from its live feed.
Can I get alerts on Telegram?
Yes. Turn on Settings ▸ Telegram and enter your bot token and channel id. Alerts are set up once and cover every account, not per account.
There are also pop-up and sound alerts on the PC itself.
Didn't find your question?
Ask the team on WhatsApp, or start with the getting-started guide.

