Trading Platforms
Table of Contents
Td Ameritrade: Best Mobile App
why we choose it
TD Ameritrade has two apps that combine to create the best overall mobile app offering. The thinkorswim mobile app was developed to make it easier for traders to manage existing positions and open new ones. The mobile app workflow is intuitive and powerful enough to be used as a primary trading platform, potentially creating a generation of app-only merchants who will never touch the more robust downloadable versions. You may find that the standard TD Ameritrade app is superior to the full website, stripping the entire experience down to the bare essentials while nesting all other features into one convenient mobile package.
advantage of Trading Platforms
Mobile trading at TD Ameritrade Mobile is more streamlined than the website
Trading charts on mobile is easy on both apps
With dual apps, you can choose the one that best suits your needs
Disadvantages of Trading Platforms
Some tools are only found on one platform
A wide range of account types can make it difficult to choose the right account type
No fractional shares
Deliciousworks: Best Options Broker
why we choose it
Tastyworks remains very competitive on pricing when it comes to options contract trading. Still, what makes it our pick as the best broker for options traders is its flexible tools, educational content, and intuitive platforms. Tastyworks is not the broker you start trading options with, it is the one you end up choosing once you have decided all you want is to trade options. Tastyworks is optimized for this task like few other brokers are. Options traders can find all the tools and analysis they need during trading sessions, and can spend their downtime consuming options-related content to prepare for the next session.
Advantage
All the optional tools you need
Risk analysis tool for options positions
Impressive library of original option-focused content
Disadvantages
If you come to deliciousworks to trade more than just options, you’ve come to the wrong place.
No fixed income trading (except ETFs containing bonds)
Further portfolio analysis requires creating an account with the Quiet Foundation, which is also part of the delicioustrade empire.
Zerodha Dragon Trading Platforms
Zerodha Kite is the flagship trading platform of Zerodha, a leading discount broker in India. Considered as one of the greatest trading platforms in India, it has been developed with state-of-the-art technologies to meet the assorted needs of all types of investors. The platforms offer a wide range of features like charting tools, data widgets, integration with third-party applications, etc. to make trading easy an fast.
advantage
Multiple Market Surveillance
Comprehensive charts with over 100 indicators and 6 chart categories
Floating order window
Progressive order types, such as brackets with trigger entry and hedges with limit entry
Unified Instrument Search for quick searches across 90,000+ stocks and F&O contracts
Live ticks, quotes and order notifications
Seamless integration with the Quant tool to perform fundamental analysis using behavioral analysis
Combination with other investment applications developed by Zerodha partners
Disadvantages
There is no scope for backtesting the strategy
Separate back office called Zerodha Q
Upstoxpro
This is another one of the best trading software in India from Upstox, formerly known as RKSV. Since it is a responsive business app, there is no need to download or install it. Also, it allows the user to access the trading tools directly through a laptop, desktop, mobile or tablet.
The app is consider one of the best trading platforms in India among traders and investors and strives to make online trading much easier and faster for users.
Advantage
Unified search tool to find simple and complex actions
Contact Nifty 50 Predefined Watch List and Other Indexes
Access NSE Cash, Futures & Options and Forex
Apply 100+ technical indicators to real-time charts
Set unlimited price alerts for quick updates
Create an unlimited number of custom watch lists
Advanced charting tools that measure industry standards
Get real-time market insights to stay one step ahead
Disadvantages
Technical support is not up to date.
Limited features compared to its counterparts.
Upstox desktop terminal requires a fast and stable internet connection.
Call and trade services are paid; Instead, Upstox charges 20 rupees when an order is placed over the phone.