What you need
- An IIFL XTS trading (interactive) API key and secret
- An IIFL XTS market-data API key and secret
Where to find them
- Trading (interactive) API key and secret
- Create an app on the IIFL XTS dashboard.
- Market-data API key and secret
- Create a second app the same way, choosing Market Data API as the API type.
Set up in 4 steps
In short: To connect IIFL to ChatGPT or Claude, add IIFL XTS trading and market-data API keys to Quantplay, add your Quantplay IP in your IIFL API settings, then add https://mcp.quantplay.tech/mcp as a custom connector in ChatGPT or Claude and sign in to Quantplay. For read-only access, use https://mcp.quantplay.tech/mcp/readonly instead.
- 1
Get your IIFL API details
Create the details listed above in the IIFL Blaze.
Open IIFL BlazeSet your XTS app's redirect URL to
https://connect.quantplay.tech/token/<your IIFL user ID>
- 2
Add IIFL to Quantplay
Create a free Quantplay account, click Add account, choose IIFL and enter those details.
- 3
Add your Quantplay IP to IIFL
Quantplay gives your account its own fixed IP. Add it as the allowed IP in your IIFL API settings, since brokers reject API orders from other IPs.
- 4
Connect Claude or ChatGPT
Paste the URL below into your AI app as a custom connector (in Claude: Settings → Connectors; in ChatGPT: Settings → Apps → Developer mode). Sign in to Quantplay and choose whether the agent may place orders.
https://mcp.quantplay.tech/mcpRead-only, can't place orders: https://mcp.quantplay.tech/mcp/readonly
Step-by-step for each AI app
Then just ask
Set a ₹5,000 stoploss and ₹12,000 target on my IIFL account
Done. If your IIFL P&L reaches −₹5,000 or +₹12,000, Quantplay squares off every open position on the account.
- “Show my IIFL positions and today's P&L”
- “How much margin is free on my IIFL account?”
- “Show the NIFTY option chain around ATM for this expiry”
Questions
Can Claude or ChatGPT trade on my IIFL account?
Yes, through Quantplay. Your agent can read positions, holdings, orders, margins and option chains, and place, cancel or square off orders if you allow trading when you connect it. Placing orders and setting limits need a paid plan; the 7-day free trial includes them.
Can I connect without letting the agent trade?
Yes. Leave trading off when you approve the connection, or use the read-only URL https://mcp.quantplay.tech/mcp/readonly, which can't place orders at all.
What limits an agent's losses on my IIFL account?
Stoploss, target and trailing stoploss are set per account and run on Quantplay's servers. When one is hit, Quantplay squares off all open positions on that account, whether you or the agent placed them. They exit after a limit is crossed; they don't block orders. Your kill switch is the floor: no agent can change it, and no one can change it during market hours.
Which AI apps work with it?
Claude, ChatGPT, Grok, Muse, Claude Code, Codex, Cursor and any app that supports remote MCP servers, the standard AI apps use to connect to outside tools.
How much does it cost?
7 days free, then ₹700 a month for each connected broker account. No card needed to start, and you can cancel any time.
