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TradeEasy Review by A Digital Blogger

TradeEasy Overview

TradeEasy is the discount broking arm of Fortune Trading which is a Chennai based full-service stockbroker. The parent company has been around the stockbroking space for a while, 12 years to be precise. TradeEasy is known for providing decent exposure at a reasonable brokerage rate, especially for users looking to trade in commodity segment. 

Although, it is a discount stock broker still it comes from the roots of a full-service one and that is why it has a presence in 5 metro cities of India including Chennai, Bangalore, Cochin, Coimbatore, and Madurai.

 

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TradeEasy Trading Platforms

There are limited trading platforms offered by this discount stock broker at a terminal and mobile app level. So you have to be sure whether you would be able to stay with these trading platforms before making a selection. Here are the details on the trading platforms in length:

NEST Terminal

NEST is basically a terminal based trading software that requires you to download and install it on your computer, laptop or desktop. This is a third-party software and is developed/maintained by the technical team of NSE. Thus, in case you have any concerns or comments regarding the application, it will be taken care by the NSE technical team only. The only assistance TradeEasy is going to provide you in such cases is the transfer of your requests with feedback on the software. Thus, you must stay aware of that particular aspect.

 

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TradeEasy Mobile Trading App

Being the discount trading arm of Fortune Trading, TradeEasy provides the mobile app of Fortune Trading itself to its clients for trading. Some of the features of this mobile app include:

  • Provision to create multiple market watch lists
  • In-app notifications and alerts can be personalized
  • Real-time streaming of market quotes and news

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Furthermore, there are few notable issues with the mobile app that you must be aware of, including:

  • Low speed and performance
  • Long update frequency cycle
  • Concerns about user experience and usability

 

 

TradeEasy Customer Service

When it comes to service, the broker provides the following communication channels to its clients:

  • Webchat
  • Email support
  • Webform
  • Offline branches
  • Phone

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TradeEasy Pricing

Being a discount stock broker, TradeEasy tries to be as cheap as possible, however, at some junctures, the broker looks a bit expensive as compared to other stock brokers in India. The overall pricing includes:

  • Account opening charges
  • Maintenance charges
  • Brokerage
  • Transaction charges
  • Stamp Duty

Let's discuss these charges one by one:

TradeEasy Account Opening Charges 

TradeEasy Brokerage

 

Use this TradeEasy Brokerage Calculator for complete charges and your profit

 

For rest of the information along with Pricing details, you can check out the review of TradeEasy

 

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Monday, 30 March 2020

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