Motilal Oswal

This guide shows how to add a Motilal Oswal account in AutoTrader Web.

Demo video

Which API to use

Motilal offers two different APIs:

API	When to use
Motilal Open API	The default. Follow the steps below.
Symphony XTS API	See the Symphony XTS guide.

Step 1: Get your static IP first

A Motilal Oswal account needs a static IP. The Motilal API portal asks you for a Primary IP while creating the API, and Motilal checks the IP on every request afterwards — so get the IP before you create the API, not after.

Motilal Oswal is IPv4 only (it does not support IPv6), so the ₹100 IPv6 option does not apply here. In AutoTrader Web, go to Accounts → Trading Accounts, start the account (or open it if it already exists), click the Static IP button and pick one:

Option	Price
Buy Premium Static IPv4 from us (recommended) — a dedicated IP we set up for you	₹299 per month, 3-month minimum to start
Buy Standard Static IPv4 from us — an IP from our pool	₹200 per month
Bring your own IP (BYOIP) — your own static IP proxy from a proxy vendor	Free

All prices are inclusive of all taxes. Copy the IP you are given — you will paste it into the Primary IP field in Step 2.

A Standard pool IPv4 or your own IP can be taken before you save the account, so you can whitelist it with Motilal right away. A Premium static IPv4 needs the account saved first. Full detail: Static IP Setup.

Step 2: Create the API

1. Go to the Motilal Oswal Trading API portal.
2. Login with your Motilal credentials.
3. Click the Create an API button (see screenshot below).
   • App Name: MyMotilalApp
   • Redirect URL: https://webx.stocksdeveloper.in/auth/motilalCopy
   • Call Back URL: https://apix.stocksdeveloper.in/postback/motilalCopy
   • Primary IP: paste the static IP you got in Step 1
   • Secondary IP: <keep it blank>
4. Get your TOTP Key:
   1. On the Dashboard, click “My APIs”.
   2. You will find the TOTP Key here.

Step 3: Add the Trading Account

1. Go to the AutoTrader Web menu (Accounts -> Trading Accounts).
2. Click the Create button.
3. Select Broker as Motilal.
4. Select MOTILAL_API_V7 as the platform.
5. Enter your Motilal login id.
6. Enter your Motilal password.
7. Enter the TOTP Key obtained in the previous step (see screenshot below).
8. Enter your Date of Birth in this format: dd/mm/yyyy.
9. Enter your API Key (see screenshot below).
10. Enter your API Secret.
11. Click Validate, then Save.

That’s it. Your Motilal Oswal account is now added. Before you start, read these known limitations.

Screenshots

Motilal API Keys

Motilal API – TOTP Key

More on the static IP

Step 1 above covers what you need for Motilal Oswal. For the full detail — how the charge and renewal work, when you can take the IP before saving the account, and how to bring your own IP — see:

Static IP Setup — set up a static IP or bring your own (BYOIP)

If Motilal rejects the connection because the IP is not registered, see Broker rejects your IP. With Motilal this can show up as a connection or timeout failure rather than a clear IP message.

Bracket and cover orders on Motilal Oswal

Motilal Oswal does not offer a bracket order through the interface AutoTrader Web connects to, so you cannot place one on Motilal Oswal directly. You are not doing anything wrong if you went looking for it and could not find it — many Indian brokers withdrew bracket orders in 2020 and never brought them back.

You can place one anyway. An AutoTrader bracket order (AT_BO) attaches a target and a stop-loss to your Motilal Oswal order, with an optional trailing stop that follows the price in your favour and never moves back. An AutoTrader cover order (AT_CO) is the same thing with a stop-loss only. Your entry reaches Motilal Oswal as an ordinary intraday order — the one thing every broker accepts — and AutoTrader Web watches the price and sends the closing order when your level is reached.

Place one from the order window, from your own code, or from a chart alert. It is intraday only, it does not give you the extra intraday margin some brokers give on their own bracket orders, and the position is squared off automatically a short while before the market closes.

Read the risk before you use it. A stop-loss decides when we try to exit — it does not decide the price you get. A sudden move can take the price straight past your level, so your loss can be larger than the stop-loss you set. The full explanation, and the one-time terms you agree to before your first one, are on Bracket & Cover Orders.