The Indian market is growing with time offering advanced services and trading platforms to invest in. Sensibull is one of the options trading Indian platforms. Traders can buy and sell assets easily with the platform.
To learn more about Sensibull, we have a brief Sensibull review. It gives details of the broker and its services. So, let’s begin with Sensibull and its features.
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What is Sensibull?
Sensibull is an options trading platform. Abid Hassan founded it in 2017 with the motive to offer traders easy trading with excellent tools. It has a small team that works on the grounds of teamwork, learning, and embracing new ideas.
The team mainly involves engineers that want to ease trading. The startup has a 2.5 crores investment and recently came up with an options trading platform.
Thus, traders can open their accounts and invest in options for quick trading. Also, the platform suggests a list of strategies for the clients. Traders can provide essential information to get the best strategies.
In addition, the trading platform has the partnership with the following:
- Zerodha
- Upstox
- Angel One
- 5paisa
- ICICI Direct
- IIFL
- Alice Blue
Sensibull Trading Platforms
Sensibull has three powerful trading platforms. The platforms serve the purpose of various traders. Here we have them for you to know:
Sensibull Free
Sensibull Free is the primary trading platform of Sensibull brokers. Traders can open their accounts and use them for basic option chains and events calendars. It is for free and does not have any charges.
Sensibull Lite
Sensibull lite is the second-level trading platform of the broker. It is for the traders with experience and who want to take risks. The charge for the lite trading platform is Rs. 800/ month.
The trading platform has a range of services for clients involving:
- Multi Leg strategy generator
- Compare options
- Basket orders
- Enhanced option chain
- Real-time profit/loss
- Greeks of your strategies and positions
- Events Calendar
- Buy sell data
- Options central
- Tracks upto ten lots of solid option positions at the time
In addition, it is going to add new features as well like:
- Heat map
- Paper trading
- Custom watchlists
- Trade safe (off price detection)
- Real-time prices and market depth
Sensibull Pro
Sensibull pro is the top-level trading platform of Sensibull broker. Traders can get the platform with an introductory offer of Rs. 1300 per month.
It is for the experts with advanced services.
The platform offers the following services:
- All lite features
- Custom strategy builder
- Analyse trades and positions
- Track upto 30 lots of solid option positions in real-time
Other features that it will soon add are:
- My strategies
- Powerful statistical tools
- Currency options
- More strategies
- Real-time prices
- Market depth
How does Sensibull work?
Sensibull is a unique options trading platform. Traders can get suggestions to invest in the market with their market understanding. They can use the platform to enter the data and get Sensibull suggestions.
Traders only require some significant points for getting ideas:
- Stock name
- View
- Target date
- Stock Target
For example, you think of investing in Nifty stocks. You think that the stock price of Nifty will increase by 200 points next week. But to get confirmation, you use the Sensibull trading platform.
You enter the following details on the platform:
Stock name = Nifty
View = Traders can select the five appropriate views they find suitable.
Nifty Target = Price that Nifty you think will achieve in next week
Target Date = Date on which it will achieve the target
Click on the “GO” button.
Traders will get options strategies and a list of other suggestions for profitable investments. It can be capital, profit potential, and risk.
Also, traders get an expand option to get in detail knowledge of the suggestions. Sensibull ensures the best services by helping its clients. They can use options trading or other strategies to trade online at Sensibull.
Conclusion
Sensibull is an advanced trading platform online. The unique features of the Indian trading platform are outstanding. Traders can invest with the broker and get suggestions to make their trading successful.
Also, there are three trading platforms that traders can use per requirement. Sensibull is free for essential trade, Sensibull Lite for a bit advance, and Sensibull Pro for experts.