API for ongoing SIP

APIs, Automation, Algos & Code
1

Hi,

Any plan to provide API for ongoing SIP (stocks/ETF sip)?

2

Hi @killer3d

Thanks for sharing your suggestion. But creating SIP for stocks/ETFs through Dhan API is a few line of code at the developer end (API user). Infact many traders at Dhan actually do this, therefore we dont see that providing APIs for SIP can add incremental value in the product.

3

What’s the API? If you are talking about managing SIP from code, I understand but how do I know which SIP are registered on broker account via API?

4

@Naman Would you please care to reply?

5

@Naman You confidently replied and now not caring anything about clarification?

6

Hi @killer3d

Apologies for the delayed reply here.

API users usually create and manage SIP-like logic on their own using regular order APIs. In such cases, the SIP exists only in the user’s code and not as a registered SIP on the Dhan platform. The SIP logic is simple - frequent scheduling (daily, weekly, monthly, or you can customise it as per your wish) & fixed or dynamic quantity/investment value in the Delivery product type.
So if the SIP is created from code, it needs to be tracked and managed at the developer end. At dhan, we will get these request as POST /order

7

You are proposing something that’s not even required.

I have started few SIPs on Dhan on some criteria and I want to access them through API.

Why you are bothered about what can be done by code or not.

Just like Orders/Forever order API, SIP api would be good, I definitely see a use case