5paisa Trader Terminal Overview
The terminal-based trading platform from 5Paisa, called 5Paisa Trader Terminal, is a decent performing application from the discount broker. Apart from the 5Paisa Mobile app and the browser-based 5Paisa Trade Station, this downloadable software offers reasonable speed and optimal user experience for trading to its clients. This application requires an install on user's computer or laptop and post login, the user can start trading on the stock market.
5paisa Trader Terminal Features
- Users are allowed to add multiple watchlists with 100 scrips in each watchlist across Equity and Futures & Options segment. By adding scrip(s) into the market watch, users can closely monitor specific stocks on their performance with information on opening/closing price, quantity offered, bid price and a lot more.
- Multiple types of Order types (such as Aftermarket orders, cover orders) available within 5Paisa Trader Terminal for users to place.
- On selecting a specific scrip, users get to check out the top 5 bids available for that particular stock with the number of stocks offered along with the asking price.
- Provision to buy specific mutual funds within the same trading application allows users to invest across other segments apart from the ones available on the stock market.
Disadvantages of 5paisa Trader Terminal
Although this trading application from 5Paisa is pretty promising, still there are few concerns you need to take care of:
- Some advanced features are still missing as of now. At the same time, it's relatively a new application and by time, it can be safely assumed, new features will be added.
Advantages of 5paisa Trader Terminal
Here are some of the benefits you will be provided with while using this trading software from the discount stockbroker:
- The application allows users to personalize some of the features with the help of shortcut keys, thus, making the overall processing even quicker.
- The application is not bulky (in fact comes at less than 8 MB) by any means and thus, can be easily used in laptops or computers with basic configuration.
You can check out the rest of the details in this complete review of 5Paisa Trader Terminal