Karvy Online Trade is a web trading application that is offered to traders by Karvy Online which is part of the Karvy group, an all-in-one financial service provider. The trading platform offers a wide range of products and trading solutions.
The trading platform provides continuous, in-depth market insight through various charts and graphics. Furthermore, the registration process to Karvy Online Trade is free of cost as well. It also allows intra-day trading and provides all required guidance to investors to make sure that their clients get benefitted.
Its broad spectrum of services and strong presence in the market for over 3 decades makes it popular among online traders.
Let’s look at the five trading platforms offered by Karvy online trade:
Karvy Online Web trading
It is an online web trading platform, is easy to use, fast and reliable.
Some of the top features of the web application include:
Provides live market news
The ‘trade book’ shows all the executed trades.
‘Position Window’ shows important information like buy quantity, sell quantity, net position, sell amount etc.
‘Intraday chart’ is for viewing the fluctuation of index and scrips.
‘Ticker’ shows the real-time price of a particular stock.
‘Market Picture’ graphically represents the market including the figures about buy rate, sell rate, buy order quantity, sell order quantity, total transactions etc.
Detailed analysis of scrips is available for traders.
Karvy Online Thematic Basket
Karvy online Trade utilizes the concept of theme funds and enables its clients to go for thematic investment. A thematic basket is nothing but a consolidated list of the best stock portfolio. It can hold and present up to 20 best theme stocks from the market.
It works on thematic strategy and helps you in wise and safe investment decision making.
A thematic strategy is all about following market trends and studying the growth of the stocks and thus making a pattern or theme-based investment planning.
The theme or market trend can be about a new government initiative and its effect, a shift in the consumer thought process, raise in consumption of a particular product or service etc.
‘Investment ground’ option provides details about theme funds and also suggests a minimum investment amount based on the information.
The ‘Growth indicator’ summarizes the transactions made based on the thematic basket and total returns generated in a particular time frame.
Karvy Online Assisted Trading
You can continue to trade when you can’t be online.
Offline trading is possible and you can get all information about the market, stock price fluctuation etc. with the help of official market experts of Karvy online Trade who keep a watch on the market and update you on your stock position.
When you decide to buy or sell you just instruct them to do so, on your behalf.
Karvy Online Trade Strengths:
Here are some of the positives of using Karvy Online Trade for your share market investments:
All research reports, analysis, market insights provided by Karvy online Trade is completely free.
It allows a single login to trade in all market segments. This feature makes it really hassle-free.
60 different types of technical charts are available.
Karvy online Trade is reliable and fast.
The assisted trading is possible through a call, SMS, WhatsApp, Skype and live chatting.
Personalized assistance and advice are also extended to balancing your portfolio.
Karvy online Trade offers this assisted trading for equity, physical commodity and few other asset categories
Offers 5 types of platforms to choose from, so that traders can trade with one that suits their preference and convenience.
Karvy Online Trade Weaknesses:
At the same time, here are a few concerns you need to be aware of:
Brokerage fee per transaction is relatively high which can leave you with less profit while selling out any stock.
Trading platforms are average in terms of layout and usability.
Karvy online Trade does not offer any referral scheme.
It is fair to say that this giant online trading platform has come a long way since its launch in 1990 and has become a widely accepted trading mate for a huge number of traders.
However, Karvy online Trade still has a few scopes for improvement. Once it overcomes its drawbacks it can progress even further making its presence felt worldwide.
In case you are looking to get started with stock market trading and investments, let us assist you in taking the next steps forward: