We are proud to provide our Algomojo access to Firstock users. Firstock a Bangalore-based discount broking firm partnered with Algomojo to provide algotraders services to their users.
Now users of Firstock can enjoy Free API-based algotrading access. Free Platform Access will be enabled for the client for those who open a new firstock account via Algomojo and will get lifetime access to Algomojo Firstock Terminal to do both manual and automated trades.
Finfolab, the parent company of Algomojo too designed Firstock API’s . Partner API’s. Developer API Dashboard, API Libraries to enabled automated trading to their clients.
Firstock too comes up with unique features like GTT orders, Simultaneous multi-leg option order submission, Tracking the Margin requirements before placing the order, Order Protection features, and more technology-rich features which bring cutting-edge technologies to the active traders right from day one.
AlgoMojo is a trading technology platform that enables algorithmic traders to quickly deploy trading algorithms across multiple brokers. It provides the simplest API to build sophisticated trading strategies. It is designed to be used by developers, quants, and algorithmic traders.
Algomojo is a web-based automated trading platform built on the brokers API with a minimalistic design built by traders for the traders.
Algomojo comes with Integrated all-in-one solutions (API, free & proprietary Strategies, Datafeed, Virtual servers, and the end to end support at one single marketplace). It helps traders to simplify their Algo trading and makes life easier for the traders.
Algomojo Supported Trade Execution Platforms
2. Metatrader 4
3. Metatrader 5
4. Excel, Google Spreadsheets
5. C# based applications
6. Any custom programs that supports Rest API
Login into Algomojo Platform with Firstock Credentials
Now goto fs.algomojo.com and enter your client ID and password and press sign-in.
Features Supported By Algomojo API
Algotraders can now use the following functionalities to send automated traders using Firstock -Algomojo API
Checkout here for complete Firstock – Algomojo API Documentation
Create Algomojo API from My API section
use these API Key & API Secret key to send orders from the Algomojo supported Trading platforms.
6)Download the Multi Broker Bridge for Algomojo and Install the Multi-Broker Bridge as per the instructions
What is the Overall Cost Involved in Algomojo?
Traders opening a trading account via Algomojo with our partner brokers will be enjoying Free API + Free Platform Fee under both Discount Broking (Rs20 per order) / Percentage Based Broking Model (0.01%) or whatever the broking plan our partner broker offers).
Here are the List of Cost Involved while deploying Algos
1)Trading API Cost: Free (For Algomojo Account Opening Clients)
2)Algomojo Platform Fee: Free (For Algomojo Account Opening Clients)
3)Datafeed Cost: Optional
4)Data API Cost: Optional
5)Strategy Cost: Traders are recommended to come up with their own trading strategies. If in case looking for sample codes then free strategies can be downloaded from the Algomojo Library
6)Supportive Platforms: Amibroker, Metatrader, Tradingview, Excel, C#, Python, Any Platforms that Supports Rest-HTTP APIs
7)Virtual Private Servers: Optional
8)Broking Charges: All F&O and equity trades would continue to be charged at Rs 20 or 0.01% according to your broking plan with our partner Broker and there are no restrictions on choosing on your broking plan with partner broker. Irrespective of the broking plan Algomojo client will enjoy Unlimited & Lifetime free access to Trading API and Algomojo Platform.
9)End to End Integration/Chat Support: Free.
Algomojo Provides data products for NSE Cash, NSE Futures, MCX Futures & NSE Currencies, and currently tied up with Authorized data vendors GlobalDatafeeds & Truedata to offer data & data API products to its customers.
What is the Pricing for Non-Algomojo Clients?
Currently, Non-Algomojo clients who want to onboard Algomojo Platform with their existing broking account but not mapped under Algomojo will avail free Algomojo API access however there will be a platform fee of Rs 999/ month or Rs5999/year will be charged and that platform fee will be completely waived off for those taking Tradestudio Subscription / Directly opening a Trading account under Algomojo.
7 Days of Free Trial is available for Non-Algomojo clients to test drive before paying Algomojo Platform Subscription fee.
Trading Terminal Access is totally free for Non-Algomojo Clients to send orders manually/retrieving the orderbook/tradebook/open positions/watchlists from Algomojo to their broker account.
Features of Algomojo
Supports lightweight watch-list with minimalistic design and easy to use interface to add symbols and multiple watchlists.
Algomojo comes with inbuilt API which also supports existing clients of partner broker with 7 days of free trial enabled by default.
Algomojo offers Free API + Free Trading Platform to algomojo users to Place, Modify, Cancel Orders. Currently, Algomojo API is free for the users who are opening a trading account with Algomojo Partner Brokers. Free API platform + Free Algo Trading platform is offered with no upfront fees, no minimum turnover, no special terms and conditions, no clauses, no strings attached.
Order Log is provided to verify the timestamp and audit the difference between the executed trades and generated live signals in the trading software.
Note : Order log captures the trade execution in realtime and shows only orders which are sent via Automated Trading Platforms.
OrderBook : From the Orderbook one can get both the status(pending, executed, rejected) of manually punched orders and trading software-generated orders.
TradeBook : Tradebook shows executed orders.
Positions: Any open positions can be viewed in the positions section. One button square off is provided to close all the open positions and also positions can be closed on asymbol selection basis.
Positions also displays intraday and position MTM.
Demat account holdings can be viewed and managed under the holdings section.
Algomojo also comes with a free & proprietary strategy library for the traders to take advantage of the market trend and momentum in the market.
Datafeed section provides users to subscribe for NSE Cash, NSE Futures, NSE Currencies and MCX Futures and Options.
Supports various charting platforms like Amibroker, Ninjatrader, Excel both desktop and server editions.
we partner with Both Globaldatafeeds & Truedata to distribute their products in our platform. 3 days of Datafeed Trial will be enabled to all the users of Algomojo to test run their strategies before live exection. To test drive datafeeds connect with the support team at [email protected] or check with the Algomojo Chat support team.
Virtual Private Servers
VPS servers or Virtual Private Servers are the primary need for the algo traders who want 100% uptime with sufficient Internet and Power Backup. One can directly subscribe for windows VPS servers from the platform itself.
End to End Integration Support
One can get end to end integration support to configure, test & deploy trading strategies.
Following end to end support will be provided to the algomojo clients.
1)Integration of Algomojo Bridge for Autotrading.
2)Integration of Datafeed (Amibroker, Ninjatrader, Excel etc)
3)Integration of Windows VPS Servers.
3)Testing and Deploying the Trading Strategies.
And also in case, the trader needs a custom trading strategy to be coded in Amibroker/Metatrader/Tradingview then On-demand Freelancing support will be provided to onboard the client with their custom design strategies.
AlgoMojo API Documentation
AlgoMojo API documentation for Firstock is comprehensive to know about the various functionalities supported by the trading platform. It helps traders to build their own execution logic.
What are the Type of Orders Supported at Algomojo?
All types of orders are supported at Algomojo (Market Order, Limit Order, SL-Limit Order SL-MKT order, GTT Order, Cover Order, AMO orders), Multi Orders
Algomojo also supports rule based ATM, ITM, OTM Option Orders
Algomojo supports Order Placement, Order Modification, Order Execution, and Retrieval of Orderbook, Trade Book, Order History & Open Positions via API.
Is the Web-Based Bridge Slower than the Exe Based Bridge?
Nope. Both use Rest API as a communication layer to transmit or receive information from the broker server. The latency of execution mostly depends upon the client’s internet speed and Brokers’ server responsiveness. In fact web-based bridge has more ease of use and no up-gradation/installation/maintenance is required from the client’s side.
If in case you are are having any queries always you can send a mail to [email protected]