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Algorika
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One desk.
Every broker you already use.

Orders, positions, option chain and smart baskets across Zerodha, Upstox, Kotak Neo and Angel One. Start on a paper book with live prices, go live when you are ready.

Get started on paperRequest access for a firm
brokers, one gateway
4 + paper
capabilities on the desk
44
default paper book
₹10L
Market watch
InstrumentLTPChg
NIFTY 25SEP FUT24,861.20+0.44%
BANKNIFTY 25SEP FUT52,190.10-0.12%
NIFTY 24800 CE142.35+6.8%
NIFTY 24800 PE118.90-4.1%
RELIANCE2,941.15+0.66%
HDFCBANK1,712.90-0.24%
INFY1,846.55+1.02%
Book PLATFORM ↔ BROKER12:41:02 IST

02The trading stack

Market data in. Validated orders out. Every layer is yours to look at.

Algorika is not a thin wrapper around a broker API. Each layer below is a real product surface you can open and inspect. Scroll to walk an order through the stack.

  1. 01

    Market data

    Live quotes, depth and a canonical instrument master across every connected broker.

    Market watch
    InstrumentLTPChg
    NIFTY 25SEP FUT24,861.20+0.44%
    BANKNIFTY 25SEP FUT52,190.10-0.12%
    NIFTY 24800 CE142.35+6.8%
    NIFTY 24800 PE118.90-4.1%
    RELIANCE2,941.15+0.66%
    HDFCBANK1,712.90-0.24%
    INFY1,846.55+1.02%
    Book PLATFORM ↔ BROKER12:41:02 IST
  2. 02

    Intelligence

    Option chains, OI analytics, IV surfaces and greeks computed continuously.

    NIFTY option chain · Options Intelligence
    CE OILTPIVStrikeIVLTPPE OI
    331.810.62450014.431.2
    252.411.22460014.944.1
    186.912.02470015.661.3
    142.412.82480016.1118.9
    98.213.52490016.8172.6
    61.714.32500017.4244.8
    38.215.12510018.0322.5
    Book PLATFORM ↔ BROKER12:41:02 IST
  3. 03

    Strategies

    Subscribe to strategies from a marketplace. Same code path for backtest, paper and live.

    Strategy cockpit · GPS v2

    Book · LIVE

    Running

    +₹12,460

    Unrealised · 4 open legs · notional ₹5.85L

    Delta0.02
    0
    Gamma0.0031
    1
    Theta-412
    2
    Vega-186
    3
    Book PLATFORM ↔ BROKER12:41:02 IST
  4. 04

    Risk

    Capital and loss caps, trading gates, kill-switch, exposure checks on every fill.

    Trading gates · subscription caps

    Trading gates

    Global kill-switchOFF
    Order placementENABLED
    Execution engineLIVE
    Dry-runOFF
    Market sessionOPEN · 12:41 IST
    Every fill re-checks exposure before it posts.
    Book PLATFORM ↔ BROKER12:41:02 IST
  5. 05

    OMS / execution

    Intents become validated child orders: policies, slicing, multi-leg plans, smart baskets.

    Smart basket · iron condor
    SeqSideLegQtyPriceState
    1SELLNIFTY 24800 CE2LLTPFilled
    1SELLNIFTY 24800 PE2LLTPFilled
    2BUYNIFTY 25100 CE2LMarketFilled
    2BUYNIFTY 24500 PE2LMarketFilled

    Target

    +₹9,000

    Stop

    −₹6,000

    Trail

    ₹1,500 step

    Book PLATFORM ↔ BROKER12:41:02 IST
  6. 06

    Broker egress

    Rate-limit aware routing to Zerodha, Upstox, Kotak Neo, Angel One, or the paper venue, via static IPs.

    Broker egress · static IP

    Route

    1. Intent

      EE-2 · policy PASSIVE

    2. Validators

      lot ✓ tick ✓ caps ✓ gates ✓

    3. Router

      rate-limit 8/10 per s

    4. Executor

      static IP 3.108.174.225

    5. Broker

      Kotak Neo · 87 ms

    Book PLATFORM ↔ BROKER12:41:02 IST
  7. 07

    Firm layer

    Orgs, roles, act-as, strategy enablement and usage charges wrap the whole stack.

    Accounts desk · Trader desk

    Active

    6

    Auth today

    5

    Auth missing

    1

    Remote on

    5

    Draft

    1

    TraderStatusAuthFundsRemoteBrokers
    Arka F.Active1/1₹9,26,844ONneokiteTrade as
    Nishi A.Active1/1₹48,822ONangelTrade as
    Desk-QNT-3Active0/1₹2,10,000ONupstoxTrade as
    R. IyerDraft———Trade as
    S. MenonActive1/1₹5,00,000PaperpaperTrade as
    Book PLATFORM ↔ BROKER12:41:02 IST

03A first session

From broker login to a live book, in one morning.

  1. 01

    Connect, or start on paper

    Link Zerodha, Upstox, Kotak Neo or Angel One. Or skip the broker and trade the paper venue on live prices.

  2. 02

    Trade the desk or subscribe a strategy

    Orders, chain, baskets and watchlists for discretionary work. A marketplace of strategies for systematic work.

  3. 03

    Set caps. Go live when you say so.

    Max capital and max loss per subscription, gates and kill-switch on every desk, then promote paper to live.

session · trader@algorika · IST

04Three desks, one book

Pick a seat. The stack underneath is the same.

TRD · Trader24 capabilities

The discretionary seat

Discretionary F&O and equity traders who want one desk across brokers.

  • Same ticket for Zerodha, Upstox, Kotak Neo and Angel One
  • Option chain with one-click legs into a basket
  • Software SL, TP and trail on the whole basket
  • Paper venue with a ₹10L book, live prices
  • Mobile desk for orders and books
See the trader desk
QNT · Quant27 capabilities

The systematic seat

Systematic traders running strategies paper-first, then live with caps.

  • One code path: backtest, sim, paper, live
  • Intent-driven execution with policies and slicing
  • Live IV, greeks and vol surface per universe
  • Shadow mode for signals without orders
  • Cockpit with kill and EOD pause
See the quant desk
FRM · Firm25 capabilities

The operator seat

Sub-brokers, desks and org managers running many traders under one book.

  • Orgs, managers and traders in a hierarchy
  • Act as any trader, fully audited
  • Static-IP egress per trader for broker rules
  • Strategy enablement per organisation
  • Usage and charges from the cloud bill
See the firm desk

05Broker egress

Four brokers and a paper venue behind one gateway.

Broker capabilities live in a versioned registry: what order types exist, how instruments map, what the rate limits are. Orders route through a static-IP executor per trader, so the IP your broker sees is the one you registered.

Broker coverage and auth details
One bookOMS · PMS · EESTATIC IP3.108.174.225per-trader executorZerodhaKite ConnectUpstoxUpstox API v2Kotak NeoNeo Trade APIAngel OneSmartAPIAlgorika PaperBuilt-in venue● amber = venue requires a registered static IP · ● azure = no IP pinning

06The capability book

Every capability, printed like an order book.

44 capabilities across seven layers. No tiles. Filter by desk or layer, hover a row to see it print.

SymbolCapabilityWhat you getLayerDesk
  1. TICKETOrder ticketMarket, limit, SL, SL-M across MIS, NRML, CNC and MTF, with AMO.Market, limit, SL, SL-M across MIS, NRML, CNC and MTF, with AMO.05 OMS / executionTRDQNT
  2. BLOTTEROrders blotterLive order book with status, modify and cancel over WebSocket.Live order book with status, modify and cancel over WebSocket.05 OMS / executionTRDQNTFRM
  3. GTTGTT ordersPlace, modify and cancel good-till-triggered orders where the broker supports them.Place, modify and cancel good-till-triggered orders where the broker supports them.05 OMS / executionTRD
  4. POSPositions ledgerCanonical positions with MTM, books by underlying and product, one-click square-off.Canonical positions with MTM, books by underlying and product, one-click square-off.05 OMS / executionTRDQNTFRM
  5. HOLDHoldings and fundsBroker holdings, and platform versus broker margin compared side by side.Broker holdings, and platform versus broker margin compared side by side.05 OMS / executionTRD
  6. WATCHMarket watchWatchlists with live quotes, depth and an F&O options workspace with trade-on-hover.Watchlists with live quotes, depth and an F&O options workspace with trade-on-hover.01 Market dataTRDQNT
  7. BASKETSmart basketsMulti-leg baskets: sequential, parallel or DAG legs, software SL, TP, trail and scale-out.Multi-leg baskets: sequential, parallel or DAG legs, software SL, TP, trail and scale-out.05 OMS / executionTRDQNT
  8. OMSOrder managementOne canonical order state and fill history regardless of which broker executed.One canonical order state and fill history regardless of which broker executed.05 OMS / executionTRDQNTFRM
  9. CHGCharge estimatesBrokerage and tax schedules per broker so the ticket shows real cost before you send it.Brokerage and tax schedules per broker so the ticket shows real cost before you send it.05 OMS / executionTRD
  10. GATESTrading gatesGlobal kill-switch, placement enable and dry-run visible on every desk.Global kill-switch, placement enable and dry-run visible on every desk.04 RiskTRDQNTFRM
  11. ALERTPrice alertsCondition alerts from any watchlist row, delivered to the inbox and email.Condition alerts from any watchlist row, delivered to the inbox and email.01 Market dataTRD
  12. MOBILEMobile deskDesk, books, watch, trade and orders on your phone.Desk, books, watch, trade and orders on your phone.05 OMS / executionTRDFRM
  13. CHAINOption chainLive chain with greeks, OI and one-click legs into a basket.Live chain with greeks, OI and one-click legs into a basket.02 IntelligenceTRDQNT
  14. OIOptions IntelligencePCR, max pain, OI buildup, support and resistance scores, GEX and event flags.PCR, max pain, OI buildup, support and resistance scores, GEX and event flags.02 IntelligenceTRDQNT
Showing 14 of 44Open the full book

07Control

Built so the worst day is a bounded day.

Algorika is infrastructure that sends real orders. The controls are not settings buried three menus deep; they are on the desk, in the order path, and in the audit log.

Security and controls
Trading gates
Kill-switch, placement enable and dry-run, visible on every desk.
Caps before orders
Max capital and max loss are checked before an order is built, not after.
Static-IP egress
A per-trader executor with a fixed IP for brokers that pin addresses.
Request register
Every outbound broker call recorded, direct or via the executor.
Tokens, not passwords
Broker OAuth tokens encrypted at rest; TOTP secrets optional and scoped.
Roles and act-as
Module-level permissions; operator sessions on a trader's book are audited.