Quantower is an Algo trading platform used for market analysis and placing trades. To trade through Quantower, it must be connected to a supported broker account. RMoney allows this integration, enabling traders to use Quantower as their trading interface for an RMoney Demat Account.

This blog explains how to connect Quantower with RMoney, covering platform download, account setup, and broker connection to ensure smooth and error-free trading.

What Is Quantower and how it works?

Quantower is a desktop-based trading platform designed for active traders who prefer advanced tools and customization. Installed directly on your computer, it offers a wide range of features for market analysis and trade execution.

Some key features of Quantower include:

·         Multiple chart layouts and timeframes

·         A wide range of technical indicators

·         Advanced order placement options

·         A clean and configurable trading interface

Quantower itself does not act as a broker. To place live trades, it must be connected to a broker that supports integration such as RMoney through RMoney XTS.

Setting Up the RMoney–Quantower Broker Connection

Before starting the setup, ensure the following:

·         An active RMoney Demat Account

·         Your RMoney Client ID and password

·         A registered mobile number linked to your RMoney Demat Account (for OTP verification)

·         A computer/Laptop with internet access

Having these details ready will help you complete the setup without interruptions.

Step 1: Download Quantower

To begin, you need to install Quantower on your system.

1. Open your web browser and visit quantower.in

2. Click on the Download option

3. Once the installer file is downloaded, run it on your system

4. Complete the installation by following the on-screen instructions

After installation, launch the Quantower application.

Step 2: Create Your Quantower Account

When you open Quantower for the first time, you will be prompted to create an account.

1. Click on Get Started

2. Enter the required details:

o Email address

o Full name

o Mobile number

o Address

o Password of your choice

3. Accept the terms and conditions

4. Click on Create Account

You will receive an OTP on your registered mobile number.
Enter the OTP and click Verify.

Once verified, your Quantower account will be created successfully.

Step 3: Sign In to Quantower

After account creation:

1. Enter your registered email address

2. Enter your password

3. Click on Sign In

You will now be logged in to the Quantower platform and can access its dashboard.

Step 4: Connect Your RMoney Demat Account

After logging in, you can connect your RMoney account to Quantower.

1. Click on the Connections icon within Quantower

2. In the search bar, type RMoney

3. Select RMoney XTS from the list

4. Click on Connect

You will now be asked to enter your RMoney credentials:

1. Enter your RMoney Client ID and click Validate

2. Enter your RMoney account password

3. Tick the required checkbox and click Submit

An OTP will be sent to your registered mobile number.

Enter the OTP

Click Submit again to complete the verification

Successful Connection and Account Activation

Once the OTP verification is successful:

·         Your RMoney demat and trading account is linked with Quantower

·         Live market data becomes available on the platform

·         You can start analysing charts and placing trades through Quantower using your RMoney account

The connection remains active unless you manually disconnect or change login credentials.

Using Quantower for Live Trading Through RMoney

After the connection is complete, you can:

·         Open multiple charts for different instruments

·         Apply technical indicators and drawing tools

·         Monitor market movements in real time

·         Place and manage orders using your RMoney account

Quantower acts as your trading interface, while RMoney continues to function as the broker handling execution and settlement.

Key Notes

·         Always keep your login credentials and OTPs confidential

·         Ensure your registered mobile number is active for OTP verification

·         If login details are changed, you may need to reconnect the account

·         Market access and trading depend on exchange timings and segment activation

Understanding these basics helps avoid connection issues during live trading hours.

Conclusion

Connecting Quantower with your RMoney demat account allows you to combine advanced trading tools with a regulated brokerage setup. The process involves downloading the platform, creating a Quantower account, and securely linking your RMoney credentials through the RMoney XTS connection.

Once connected, traders can use Quantower’s analytical features while executing trades directly through their RMoney account. Following the steps carefully ensures a smooth setup and helps you get started without unnecessary delays.

Need Help?

Contact RMoney at 0562-4266600 / 0562-7188900 or email askus@rmoneyindia.com