Real-Time Data Feed for NSE: Software Integration Guide
In the Indian stock market, real-time data access is critical for fast, informed decision-making—especially for intraday and high-frequency traders. While many software tools offer delayed or end-of-day (EOD) data, real-time data feeds allow for accurate price tracking, technical analysis, and alert automation.
In this guide, we’ll cover how to get real-time NSE data, which providers are SEBI-compliant, and how to integrate it with top trading platforms used in India.
What Is a Real-Time NSE Data Feed?
A real-time data feed provides live price updates (tick-by-tick or refresh intervals) for stocks listed on the National Stock Exchange (NSE). It typically includes:
- Price updates (LTP, bid/ask)
- Volume
- Open, High, Low, Close (OHLC)
- Time & Sales (for advanced users)
This data is fed directly into software like Amibroker, TradingView, MetaTrader, or custom terminals.
Who Needs Real-Time NSE Data?
- Intraday traders tracking second-by-second movements
- Algorithmic traders needing tick-by-tick precision
- Swing traders looking for entry signals on short timeframes
- Backtesters validating real-market performance
SEBI-Compliant Real-Time Data Vendors (India)
Below are official NSE-authorized vendors offering plug-and-play integration with charting and analysis tools:
1. GlobalDataFeeds (GDFL)
- Integration: Amibroker, NinjaTrader, Excel, Python APIs
- Plans: Cash, F&O, Currency segment (monthly/quarterly)
- Pros: Reliable, fast tick updates, good customer support
2. TrueData
- Integration: Amibroker, MetaTrader, NinjaTrader, Excel
- Plans: Data-only or combo with TradePoint software
- Features: Tick-by-tick feed, multi-market support, API access
3. TickerPlant / Neotrade Analytics
- Integration: TradingView (broker APIs), Amibroker
- Pros: Faster refresh options, web dashboards
⚠️ Always ensure the vendor is SEBI-approved to avoid legal/quality issues.
How to Integrate Real-Time NSE Data with Popular Software
A. Amibroker
- Purchase NSE data subscription (e.g., from TrueData or GDFL)
- Install the Amibroker plugin (provided by the vendor)
- Configure market watch and symbols
- Set update intervals or tick settings
- Optional: Use AFLs for alerts/backtesting
B. TradingView
- Free Plan: Delayed NSE data
- Paid Plan: NSE real-time data via brokers like Dhan or Zerodha
- Steps:
- Connect your Dhan/Zerodha account via API
- Enable broker integration
- Use charts with real-time prices and place trades
C. MetaTrader 4/5
- Used via plugins or bridge software
- Supports NSE via TrueData bridge
- Used more in Forex, less in equity—but possible with workarounds
D. Excel / Python (API-Based)
- For custom analytics and algo trading
- Use vendor-provided API keys
- Write scripts to pull live data into dashboards or strategies
Costs Involved (Estimated)
| Provider | Plan Type | Monthly Cost (₹) | Tick-By-Tick? | Software Support |
|---|---|---|---|---|
| GlobalDataFeeds | Cash + F&O | ₹1,500 – ₹3,000 | Yes | Amibroker, Excel |
| TrueData | Real-Time + Tools | ₹1,700 – ₹3,500 | Yes | Multiple |
| TickerPlant | NSE Data Only | ₹1,200+ | Yes | Limited options |
Common Mistakes to Avoid
- Using unauthorized or pirated data sources (can be inaccurate or illegal)
- Not syncing your system clock (important for accurate charting)
- Overpaying for features you don’t use (match use-case with the plan)
FAQs
Q1: Can I get free real-time NSE data legally?
Not exactly. NSE doesn’t offer free real-time feeds for personal use. Broker platforms like Zerodha or Dhan provide indirect access via trading terminals.
Q2: Is it possible to automate trades using these feeds?
Yes. With Amibroker + APIs or TradingView broker integration, you can set up trade alerts and auto-execution.
Q3: Is Amibroker better than TradingView for real-time use?
Amibroker is better for backtesting and automation. TradingView is better for ease of use and visuals.
Q4: Do I need to be a professional trader to use these feeds?
No. Even intermediate traders benefit from better timing and execution with real-time feeds.
Q5: Are these services tax-deductible for traders?
In many cases, yes—if you file trading as a business. Consult your tax advisor.
