Faq’s

Management

• What is Algo trading / Automatic Trading ?

  Algo/Automatic trading is an API-based Trading Platform to provide DIY (Do-It-Yourself) traders to build their trading strategies and automate in their own trading environment.

• What are the services you provide ?

  SMART FINTECH provided end to end requirements of an Algo trader right from Automated Trading Education, API connectivity to multiple brokers, Execution module and sample codes to multiple trading platforms, Datafeed to the various platforms, trading bridge, Datafeed API, Virtual servers, free strategy libraries, Code development, and community support.

• Will there be any free trial available?

  Experience our services risk-free with our generous 7-day free trial, giving you ample time to explore the full range of benefits before making a commitment.

• What are the trading platform you support ?

  SMART FINTECH Supports Amibroker, Tradingview, Excel, Metatrader, Python based Applications.

• Who are the supported brokers?

  Currently, SMART FINTECH Supports Zerodha,Angel Broking, Alice Blue, Fyers, Firstock, Samco, Tradejini, Upstox, Zebu etc.

• How does algo trading work?

  Algo trading works on engines that receive and process market data in real-time.These programs use mathematical models, technical indicators, and historical data to identify trading opportunities. Once a predefined condition is met, such as a specific price level or trend pattern, the algorithm automatically starts its work by generating and executing trade orders.

• Is algo trading profitable?

  Algo trading can be profitable, but it depends on various factors such as the effectiveness of the trading strategy, market conditions, risk management, and the quality of the algorithm's implementation. While algo trading has the potential to generate profits by executing trades at high speed and with precision, it also carries risks, and profitable algo trading requires continuous monitoring and adaptation.

• Is algo trading legal in India?

  The Securities and Exchange Board of India (SEBI), the regulatory body for securities markets in the country, has established guidelines and regulations for algo trading. Traders and brokers must comply with these regulations, including obtaining necessary approvals and implementing risk controls to ensure fair and orderly trading. Therefore, Algo trading is legal in India.