We are excited to announce the release of API Version 3.0.0, designed to offer a range of new features and improvements that enhance your trading experience. This update reflects our commitment to delivering top-notch trading technology with advanced functionality and performance.
Key Features of FYERS API Version 3:
Faster Performance: Orders now execute in under 50 milliseconds, speeding up trade execution and reducing latency, which minimizes the risk of price slippage.
New Data Socket: Receive faster tick data to stay on top of market changes. A lite mode option delivers only the last traded price (LTP), conserving bandwidth.
Separate WebSocket for Market Depth: Gain independent access to market depth data, helping you assess supply, demand, and market conditions more effectively.
Increased Subscription Size: Now subscribe to up to 5,000 symbols at once via WebSocket using the latest SDK versions. Track price movements across multiple instruments without missing key changes.
New Order Socket: Place, modify, and cancel orders in real time with immediate confirmations and updates. This feature improves control over order management.
Position Socket: Get real-time updates on your positions, including net position value and profit and loss metrics.
Trade Socket: Track and verify trade details instantly, including price, quantity, and timestamp, for greater visibility into your trades.
General WebSocket: Receive real-time eDIS (Electronic Delivery Instruction Slip) and price alerts.
Improved Error Handling: Get detailed error messages and responsive callbacks for quicker issue resolution.
Additional Updates:
Option Chain API: Access detailed option chain data like OI, LTP, bid & ask for more informed trading decisions.
Daily Rate Limit: The rate limit has been increased to 1 lakh requests per day, a 10x boost from the previous limit of 10k, offering greater flexibility.
Multi-Leg Order: Execute multiple orders in a single transaction. Click here to know more.
Available SDKs: Available in REST, Python, Node.js, JavaScript, and .NET/C# for building custom trading applications. API - FYERS
How to Migrate to FYERS API Version 3
If you’re using an earlier version of FYERS API, transitioning to Version 3 is straightforward:
Trading APIs (REST calls): Update your endpoints as they have changed, but request and response formats remain compatible.
SDK and Sockets: Update endpoints for new features like the Data Socket and Order Socket. Access the new socket through the updated SDK. Refer to the latest API documentation for details.
Why Upgrade to the Latest API Version?
Speed: Experience lightning-fast execution with 50ms latency.
Cost Efficient: The FYERS API is free to use, with no subscription fees or hidden charges.
Scalability: Manage multiple orders and trading strategies more effectively.
Accuracy: FYERS API ensures the maximum data accuracy, minimizing discrepancies and errors. Use the historical data for back testing and optimizing your strategies.
Conclusion
The latest API version delivers improved performance, better error handling, and new features that provide greater flexibility and usability. It supports a wide range of trading needs, from basic to complex strategies. To get started, open a demat account with FYERS.
For any questions or support, visit the FYERS community, and our team will assist you promptly.