Power Indiabulls (PIB) is a progressive, state of the art online trading platform launched by Indiabulls Ventures Limited (formerly known as Indiabulls Securities). Indiabulls offers many services related to capital market such as stock broking, depository services, equity research, IPO investment, commodity trading etc.
The company is registered with SEBI as a stockbroker, a DP (Depository participant), a merchant broker and a technical research analyst. The business house is powered by its online platform Power Indiabulls (PIB) which enables it to offer so many services to its clients.
Power Indiabulls Basics
Power Indiabulls is known for its hassle free and robust online trading platform that it offers to its clients. PIB also has quite a broad range of products to offer and it also comes loaded with varieties of features.
While PIB is a desktop application developed in-house by Indiabulls, MPIB (mobile Power Indiabulls) is a mobile trading app which enables clients to continue trading irrespective of their availability in terms of place and time.
Power Indiabulls has three versions available:
Version for Windows
Version for Mac
Version for Linux
Your system needs to have a Java Runtime environment with 32 bit or 64-bit capacity to be able to download and run PIB. Power Indiabulls can be accessed through browsers like Internet Explorer, Chrome etc. You can download it for free. However, registering and creating a trading account with Power Indiabulls is not free.
With this trading application, you can trade and invest across the following segments:
These are the features that are offered by this terminal-based trading platform:
Welcome screen – When you log in for the first time, you will first see a welcome screen through which you will be able to access many other features stored in the application.
Market Watch –Power Indiabulls provides integrated market watch for derivatives and equities. This menu option lets you watch live market, F&O contracts, scrips activities, order book etc. You can even create multiple market watch windows if you need. For example, You can create one window for the capital market, another one for F&O and also one for preferred scrip, all at once.
Custom Alerts – You can set alerts for multiple scrip based parameters like volume, % change, LTP etc. When that defined event occurs a trigger message pops up on the open window.
You can get live streaming quotes within the application.
Buy/sell option – This option makes order entry very fast. You can also perform trade search, order search and also can view outstanding order details. Here you can delete or modify your orders.
Live Intraday Chart – Tic by Tic is the live intraday chart displayed by Power Indiabulls.
Charts – You can create customizable alerts. It has many variable indicators that make the charts well organized and comprehensive.
Live market news – It keeps you updated about what’s happening in the stock market so that you know what are the changes that are going to impact the market. It has three sections:
Hot pursuit – it displays the hot stocks that are going to be the most profitable in current day trading.
Corporate news – This section is for important business news about listed companies.
Economy News – It updates you about Indian Economy which ultimately going to control the stock market.
Market Statistics – This option of Power Indiabulls is for showing you many important aspects of the market like top gainers/losers, the most volatile stocks etc. so that you can take real informed trading decisions.
Extensive reports – It provides real-time market analysis report. You also get reports on current obligation, previous obligation, net portfolio etc. By default, the net portfolio report is displayed.
World market summary – It does not only provide Indian market news but also keeps reporting about world stock market news. It lets you explore the global market and track global cues.
Intraday trading –Power Indiabulls introduces intraday trading and reporting.
Messages – It’s like your mailbox. It shows the messages that come from exchanges and also other alerts that come when there is a certain change in trading.
Account – It holds your account details like account summary, password, security questions, bank linked with account etc.
Upgrade – You can now upgrade the version of Power Indiabulls (in case you don’t already have the latest version) with a single click. PIB alerts you whenever the latest version is available so that you can always stay updated. It also provides you with the link to upgrade.
NRI trading – PIB allows NRI trading option to allow NRI traders to trade in Indian stock market. NRI clients also get access to research tools, reports, market watch, live news etc.
Customization – You can customize most of the above feature according to your needs.
Power Indiabulls Advantages:
Here are some of the benefits you get to use while trading through Power Indiabulls:
It allows you to place online orders, track transactions, invest in mutual funds and IPOs, transfer funds, access reports, track portfolio and extract market news.
Superfast and dynamic in order execution.
It provides high-quality research, in-depth market insights and relevant reports.
It provides integrated trading opportunity.
The user interface is quite decent and well organized.
Power Indiabulls covers a broad range of products, services and market segments.
It allows NRI trading which is not the case of other stock brokers in India.
Power Indiabulls Disadvantages:
At the same time, here are a few concerns you must be aware of before putting your feet into this application:
Trading account opening charge is ₹750 which is quite high.
Low exposure: You won’t see many traders opting for Power Indiabulls as their trading mate. High charges might be the reason that restricts traders to go for this app.
Transaction charges are relatively high.
The user experience of the trading application can be improved, especially from the navigation standpoint.
Overall Power Indiabulls is a satisfactory trading platform that has almost all features covered. Apart from the high payment structure and the user experience part, it does not have any major drawbacks and so can be categorized as a promising trading platform.
In case you are looking to get started with stock market trading through this platform, here is how we can help you do that: