Kotak Neo API charges and algo trading
Kotak Neo provides Trade API access without a subscription fee. Confirm the brokerage plan and order type separately: its API brokerage wording has plan conditions and a bracket-order exception.
Facts checked through . Each row links to the broker’s published instructions. Account-specific eligibility and terms can change after this date.
Algo trading & API: published facts
| Topic | Published terms / instructions |
|---|---|
| Trade API subscription | ₹0 subscription fee for Neo Trade API. Ordinary statutory/exchange charges remain separate.Official source: Trade API subscription · Verified |
| Market data coverage | Live quotes are listed among Trade API features. A separate historical-data tariff or entitlement is not verified here; confirm it with Kotak.Official source: Market data coverage · Verified |
| Token and TOTP | Generate an API access token in the dashboard and register TOTP. Authentication returns session credentials; keep account tokens private.Official source: Token and TOTP · Verified |
| Static IP setup | Log in to Neo → Invest → Trade API → API Dashboard. Generate the token and register the static IP; the dashboard manages whitelisted IPs.Official source: Static IP setup · Verified |
| Order rate | The current FAQ supports up to 10 orders/second. This is a published order ceiling, not a fill or uptime guarantee.Official source: Order rate · Verified |
| API brokerage conditions | The FAQ states ₹0/order on trade-free plans for API trades. Bracket-order square-off legs attract standard brokerage. Confirm your plan; do not apply this API offer to ordinary app trades.Official source: API brokerage conditions · Verified |
Subscription, trading cost and permissions
An API subscription buys connectivity or data access. Brokerage, exchange charges, taxes, account fees and any ISP/cloud/static-IP costs are separate. A free API does not mean a free trade. A market-data entitlement does not establish permission to redistribute that data.
NSE’s retail-algo standards distinguish ordinary API order access from exchange-registered strategies exceeding the 10 orders/second threshold. Orders below the threshold still require the exchange’s generic identifier and broker controls. Registration is through the broker to the relevant exchange; it is not an investment approval or a return guarantee.
The framework applies fully from 1 April 2026. Registered static IPs, two-factor authentication and daily session logout requirements coexist with broker-specific endpoint quotas. Do not confuse a data-request limit with an order allowance. Confirm the current setup directly with Kotak Securities.
Regulator sources re-read 2026-10-11. KYB provides information; it does not connect to your account, collect API keys or place orders.
Kotak Securities Algo trading & API FAQ
₹0 subscription fee for Neo Trade API. Ordinary statutory/exchange charges remain separate.
Live quotes are listed among Trade API features. A separate historical-data tariff or entitlement is not verified here; confirm it with Kotak.
Generate an API access token in the dashboard and register TOTP. Authentication returns session credentials; keep account tokens private.
Log in to Neo → Invest → Trade API → API Dashboard. Generate the token and register the static IP; the dashboard manages whitelisted IPs.
The current FAQ supports up to 10 orders/second. This is a published order ceiling, not a fill or uptime guarantee.