Bajaj Broking API (Algo Trading) Review

The API usage charges vary based on the subscription model. Users typically pay:

A monthly subscription fee for market data access

Additional charges if premium data feeds or advanced modules are used

There are no hidden charges apart from standard brokerage, statutory charges, and exchange fees applied to executed trades.

Bajaj Broking enforces API rate limits to maintain platform stability and ensure fair usage across all users.

Rate Limit Details

• Rate limit is applied on a per-API basis
• 1 API request can be made every 5 seconds
• Continuous repeated requests to the same API within 5 seconds are not allowed

Request Limit

• 1 API = 1 Request = 5 Seconds

Step 1: Partner Onboarding

After successful onboarding, Bajaj Broking provides the partner with:

• Client ID
• Secret Key

The partner also shares a Redirect URL for authentication integration.

Step 2: User Login Request

When a user selects Bajaj Broking login on the partner platform, the partner application calls the Bajaj Broking Authorization URL:

https://bridgelink.bajajbroking.in/api/user/authorize

The request includes required integration parameters such as:

• partnerCredential
• redirect_url

Method: GET

Step 3: Authorisation Validation

Bajaj Broking validates the authorisation request and user authentication details.

Step 4: Generate Consent / Access Token

After successful validation, the partner server initiates the token generation process using the Generate Consent / Token API.

An authorisation access token is then generated, which is used for authenticated API access and trading operations.

• Order Management API: Place, modify, cancel, and manage market, limit, stop-loss, and bracket orders programmatically.
• Market Data API: Access live market prices, OHLC data, market depth, and quote snapshots in real time.
• Portfolio & Position API: Monitor holdings, positions, P&L, order history, and portfolio details.
• WebSocket API: Stream live market data continuously with low latency for intraday and algo trading systems.
• Historical Data API: Retrieve historical market and price data for strategy testing and analysis.
• Authentication API: Secure API access using login credentials, tokens, and session-based authentication.
• Algo Trading API: Build and execute automated trading strategies using custom logic and integrations.
• Developer Integration Support: APIs are compatible with programming languages such as Python, Java, and JavaScript for flexible integration.

Bajaj Broking’s API Trading platform offers a well-rounded solution for traders looking to automate execution, build custom dashboards, or run systematic strategies. The platform delivers stability, live feeds, seamless order placement, and straightforward integration, making it a strong choice for algo traders and developers.

Its value improves further due to competitive pricing and easy account setup. While it may not offer institutional-grade historical data or advanced quant tools, it serves well for most retail and small-scale algo traders.

Overall, Bajaj Broking API Trading is a reliable and developer-friendly platform for users who want to explore algorithmic and programmatic trading in India.

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