Best Trading Platform
There are number of trade platforms emerging now a days to help traders right amidst all the chaos. You can rely on such trade platforms to understand the market dynamics.
Some of the prominent stocks, options, future, equity trading can easily spread thier tentacles with the help of trading platforms. A rabble of traders still prefer stock brokers, discounted or full service providers. These trading platforms have unique features which separate them from one another.
Essential qualities to be a good trading platform
- Fast real-time execution
- Advanced computational capabilities
- Cutting-edge & sharp technological features
- Top-level security
- Easy-to-use interface
- Easy categorization of transactions.
Your trading pros can turn in to trading cons if the platform you are using, is not reliable enough to deal with your trade objectives. It’s the matter of seconds, when profit can turn in to loss for intraday traders. They really need to look at the trading they want to proceed with.
How the best trading platform can be chosen, let’s have look at the points necessary for the same. Check if the trading platform you are choosing is free of cost. For quick understanding, we can take the example of brokerage firms and tools which are described below for you convenience.
It provides zero brokerage plans in equities and other avenues at NSE/BSE, also in commodities at MCX/NCDEX, can be a good option. It is user friendly. It also enhances depository trading services.
It has also launched its mobile trading application, which is named as Trade Eye where you can get all the information regarding your trade activity. For the pragmatic idea you can visit the link given below:
- It’s efficient in terms of updates and notifications.
- You can directly place order using this app.
- Its portfolio management is good.
Some survey has given the report that Wisdom capital is a trade platform which has continuous connectivity during market hours with out any hung up issues.
It provides additional order types like Bracket order, cover order and trailing stop loss etc. And the reliability is also good.
Wisdom Capital charts can be accessed any time during both market hours and off market hours. But the trade tiger charts are not operational few hours during off market hours. To be frank, the tools on wisdom capital are mostly operational whenever you need them.
It also provides day end reports, which separates it from other trade platforms.
It’s a next generation trading platform came in to existence recently. It has 80 technical analysis indicators as its special feature. Charting, scripting etc are some other features of zerodha pi.
As it’s new to the market, it will take some time to build trust among investors.
PI bridge gives great connectivity from programming tool to trade engine. You can easily process orders using this pi bridge.
It is an trading application launched by Zerodha. It provides over 100 indicators and 6 chart types with bandwidth consumption of less than 0.5 kbps for full length services.
RKSV is a discount broker which has offered the trading platform named as Upstox, it is built to give competition to other trading platforms. It acquires the following characteristics.
- Global search in terms of exchanges.
- You can track bracket orders in real time.
- Secured with encryption.
- You can directly place order.
- It gives efficient performance.
Trend scanner is a tool which works on technical parameters, besides this it follows Intra-day price movements and defines market trends like:
ICICI Trade Racer
It is another online trading platform which gives you access to noticeable market opportunities. It has a new outlook which is different from other conventional trading platforms.
India Infoline Trader Terminal (TT) is a trading platform which is especially made for Indian Traders, it is designed, keeping in mind the ease of these traders so that they can easily achieve their trade objectives. It has the following features :-
- Real time market watch
- Buy / Sell window
- Designed for trade
- Fast & confirmed order execution
- Easy to use
It is easy to trade using this platform. They provide decent charting facility but less than what is provided by Amibroker. Investors, even at nascent stage of trade can easily access it.