Over the last several years, copy trading has exploded in India with the development of tools readily available for beginning and passive traders. The ability to copy the trades of skilled traders in real time sounds convenient, effective, and smart—especially for the people who don't have the experience or time to trade for themselves. But in order to copy trade, you need to have a stockbroker who supports copy trading—either directly or through a third-party bridge (like Combiz Services Pvt. Ltd.).

In this blog, we will discuss the best stockbrokers in India that allow or integrate copy trading apps, as well as the best ways they can help your auto-trading, plus why brokers are an essential part of being successful with auto-trading.

What is Copy Trading?

Copy trading is a method of trading where trades from professional or expert traders are copied automatically. You don't have to analyze the market on your own—the software just knows how to replicate the trades in your account in real time.

Usually in India, this is done through third-party copy trading software or API bridges that are offered by Combiz Services Pvt Ltd, and they connect with many of the popular brokers and platforms—Zerodha, Angel One, Alice Blue, etc.

Top Stock Brokers that Allow Copy Trading in India

Here is a list of Indian stockbrokers that support or are compatible with copy trading solutions through either an API integration or third-party services.

1. Zerodha

Zerodha is India's biggest discount broker, and it's popular with retail and algorithmic traders alike.

Copy Trading Support: While Zerodha does not support full copy trading, Zerodha offers Kite API, which can easily be used with third-party providers such as Combiz Copy Trading Software.

Why It's A Great Option: Trustworthy infrastructure, neat interface, and great API documentation.

The Popular Use Case: Users are typically able to copy trades from a master trader to multiple child accounts on Zerodha under Combiz's Master-Child Auto Copy.

Read: Zerodha Copy Trading Guide Here: https://copytrading.combiz.org/blogs/copy-trading-software-zerodha

1. Angel One

Angel One (formerly Angel Broking) is a huge competitor in India, offering full-service trading.

Copy Trading Support: Angel One provides SmartAPI, which has the ability to integrate with auto trading through web and mobile applications.

Compatibility: Fully integrated with Combiz Copy Trading Solutions, allowing trades from master accounts to be mirrored in child accounts.

Why Traders Pick It: Both fundamental and technical tools. Angel One is great for their signal providers.

1. Alice Blue

Alice Blue is a popular discount broker with quick growth powered by its low brokerage and effective API structure.

Copy Trading Integration: Alice Blue provides an ANT API that can be easily connected to Combiz's software for real-time copying of trades.

Algo Trader Friendly: It supports equity, options, futures, and commodities.

Savings Option: Lower brokerage enables savings on copy trading.

1. Upstox

Upstox promotes itself as a tech-first broker and has a large user base.

API Available: Upstox provides developer APIs for trading automation.

Copy Trading Compatibility: Though not built-in, you can use the Combiz API Bridge to connect to Upstox for auto-copy capabilities into your trading system.

Additional Information: Traders are already using TradingView signals + Upstox + Combiz to copy automated trades.

1. Fyers

Being relatively a new broker, Fyers is taking charge and attracting traders with its focus.

Copy Trading Compatibility: The API interface is convenient so you can integrate with the Combiz platform.

Special Features: If you are a fan of TradingView charts, Fyers is friendly for your needs and works well for copying trades based on strategy.

1. 5Paisa

5Paisa is a full-service broker with a discount pricing table.

SmartAPI: 5Paisa provides SmartAPI, which makes integration from third-party trading systems possible.

Combiz Integration: A large number of signal providers are utilizing the combination of 5Paisa + Combiz in their service offering, where automatic copy trading can be driven more reasonably than traditional models.

Get More information click here: https://copytrading.combiz.org/blogs/5Paisa-Copy-Trading

1. ICICI Direct, HDFC Securities (Through Custom APIs)

When considering more established brokers like ICICI and HDFC Securities, there are no inherent public APIs, but higher-end users are making use of custom API solutions (usually through Combiz) to set up semi-automated copy trading flows.

Note: Requires more effort to set up; not for beginner traders.

We will use it only when necessary. Would prefer to use brokers that use public APIs.

How to Copy Trade

While the majority of stockbrokers in India are not creating their own in-house copy trading functionality, they all have APIs, so this is where the third-party providers like Combiz Services Pvt Ltd come into play.

Combiz Services Copy Trading Software

Integrates directly to broker account via API

Mimics trades from one master account to either one or multiple child accounts.

Supports various order types: MIS, CNC, MRML, SL, SL-M… etc.

It also has features such as

Lot multiplier

Risk management

Reader of Order Log

Integrate with MT4/MT5 and TradingView.

Combiz is very reliable and is easily one of the most scalable copy trading software companies in India.

The Importance of Broker Compatibility

If your broker does not have API capability or does not allow you to connect the copy trading software you are using? You will experience issues like the following:

Delays in executing orders

Not automated

Manual errors

No scaling option

This is why it is so important to choose a broker who has API access (either direct or through Combiz) to copy trade successfully in India.

Conclusion

As copy trading continues to grow in India, there are a number of brokerages to choose from who understand copy trading technology. Though no broker in India like Zerodha, Angel One, Alice Blue, and Upstox offers copy trading as a service built into their brokerage platform, they all have open APIs that provide the ability to use services like Combiz Copy Trading Software.

Whether you are a novice trader wanting to follow profitable traders or an experienced trader who would like to monetize their trading strategy, the combination of the right broker + right software will benefit you!