Upstox Pro web is a browser-based application by Upstox (previously RKSV) that does not require any downloads or installs. Since it’s a responsive application, a user can directly access trading through a laptop, desktop, mobile or tablet and the screen adapts itself accordingly.
The web app is pretty lightweight, filled in with decent features and is regularly updated. Upstox allows you to place brokerage free trades for Equity delivery and charges ₹20 for other segments such as Futures, Commodity, Currency etc.
This web-based trading solution comes with the following features:
The application uses socket technology that allows access to real-time market data at a much faster rate.
Charting tools with 107 indicators and 10 drawing tools (such as Fibonacci, pitchfork etc) allow users to perform rich technical analysis with ease, convenience. Duration of a candlestick chart, for example, can be set from 1 minute to 1 month.
To save time even further, the application offers drag and drop facility with which users can drag a particular scrip and drop onto the charting screen, thus, letting the system display the scrip in form of a chart instantly.
You can directly place trades from the chart feature with a single click. Users are required to right click and select whether they are looking to buy or sell that particular stock.
Customizable layouts, alerts and themes as per user’s preferences.
Users can also access different features through keyboard shortcut keys, thus, saving time during opportunities.
Access historical data for as back as last 10 years, which helps a lot in fundamental analysis of stocks.
Upstox Pro Web Disadvantages
However, there are few concerns about this trading solution, listed below:
Since its relatively a new app, still few features remain to be added.
Relatively tough to use, especially for beginners. But by no means provides a sub-optimal user experience. The market is getting tough and most of the stockbroking firms are putting in their efforts to bring the best trading solutions to clients.
Upstox does not allow to invest in Mutual funds so you won’t be able to invest in MFs through the software.
Upstox Pro Web Advantages
Before concluding, there are few positives of Upstox Pro Web:
The web app sees an update every 2-3 weeks which is an excellent update frequency cycle. This allows users to access new features and get rid of existing bugs or issues in the application.
Users can shuffle across different widgets displayed on the screen as per their preferences. For instance, if you want the market watch to be displayed to the right part of the screen, you can do that in Upstox Pro web.
You can even have a check at multiple watch lists at the same time, all customizable.
Upstox Pro web is known for its performance and thus, provides a smooth user experience to users. The feature also offers 100 studies for users to create their own technical and fundamental strategies. Furthermore, you can even compare multiple scrips to gauge the performance of stocks at the same time.
Users can trade across exchanges segments including Equity, Currency or Commodities
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