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How to Enable Algo Trading in Your Demat Account with RMoney?

By: Akriti Tomar | Date : Jun 4, 25

In today's fast-paced trading environment, Algo Trading (Algorithmic Trading) has become increasingly popular among retail traders. It offers faster order execution, reduced human bias, better efficiency, and the ability to trade without staying sitting in front of your screen all day. If you have a well-tested trading strategy and a good understanding of the markets, Algo Trading can give you a powerful edge over traditional manual trading. At RMoney, we make this process even easier by offering free API access to all our clients. This allows you to seamlessly connect your RMoney Demat Account with your preferred Algo Trading platform. Once your Demat account is opened, a Dedicated Advisor will be assigned to you who will personally guide you through the process. Alternatively, you can follow these simple steps to enable Algo Trading on your own:

Steps to Enable Algo Trading in Your RMoney Account:

  1. Login to the Account Modification Module Click here to access the module Enter your Client Code and click on Verify OTPUpdate your Account Details Online
  2. Enter the OTP Check your registered mobile or email for the OTP and click on Verify OTPUpdate your Account Details Online
  3. Select ‘Algo Authorization’ On the next screen, choose Algo Authorization and click on Continuealgo authorization
  4. Agree to Terms Tick the checkbox to agree with the terms and select your preferred OTP mode (Email or Mobile Number). Then click on Send OTP…confirm update
  5. Enter and Verify OTP Enter the received OTP and click on Verify OTP. Once completed, your request for Algo Trading will be successfully submitted.otp verificationFor any assistance, feel free to reach out to your RMoney Advisor or contact our Customer Care at 0562-4266600 / 7188900.

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