Upstox is one of the fastest-growing retail broking firms in India. Recently it has crossed one million customers, which is a huge milestone for any company. Upstox allows retail traders and investors to engage in capital markets such as equities, derivatives, currencies, and commodities at lower rates as compared to traditional full-service brokers. You can check out more about Upstox over here.
Upstox offers a cutting-edge trading platform with an intuitive and user-friendly interface and comprehensive analytical tools. Both of these are essential to devise strong investment and trading strategies. Stock analytics helps traders understand the larger picture of market trends and make smart decisions. Such an informative tool can be the difference between a successful and an unsuccessful trade.
With an Upstox account, you can trade in various segments such as stocks, futures, options, currencies, commodities. You can also benefit from a wide array of products such as the mobile trading app, desktop trading platforms, strategy builders, etc.
The best part of trading with Upstox is the desktop trading platform – Pro Web.
Why is Pro Web so good?
Pro Web is an excellent platform for professional as well as novice traders with its easy-to-use HTML features. Placing cover orders and bracket orders are seamless. Unique features like one-click trade make it easy to execute the orders during high volatility. For an active trader, the Pro Web platform provides a better way to track and trade the markets.
Pro Web 3.0:
The recent update to the trading platform, Pro Web 3.0, has an improved user interface and offers an even better trading experience.
Here’s a snapshot of the Pro Web 3.0 platform.
The new interface of the platform has interesting additional features and tools. I’ve listed below some of the most useful updates in the latest version.
TradingView charts
One of the changes that I like the most is the integration of TradingView charts. As a fan and long-time user of the TradingView charting library, I am glad to see the real-time charts from TradingView accessible through Pro Web 3.0. It saves me the subscription cost, which I pay for the TradingView premium version!
Interesting toggle view option
Another interesting feature is the toggle view option on the Watchlist. It gives you the ability to switch between Volume and Price data in the watch list. So instead of just seeing the price, you can now toggle and see the volume of each instrument in the watch list directly. Take a look at this.
If you’re a price action trader just like me or someone who trades based on volume strategies, you can understand how valuable it is to access the price/volume data at a glance. Not only does it help us to gauge the market sentiment just by looking at the watch list but it also helps us make quick trading decisions on the spot. Not many brokerage platforms in the industry have features like this.
The best platform for options traders
This is a great platform for options traders because it is user-friendly and fast, with many industry-first features. It gives traders an option to easily modify bracket orders (OCO). You can modify the individual legs of the bracket order if you want. Users can also pin up to 2 stocks to their watch list, and view scrip details along with portfolio history. These features all add up to a smooth experience for options traders, who need high-quality information quickly and efficiently.
Excellent option chain feature
Another way for options traders to save time while trading is through the options chain feature with strategy mode. It’s very easy to use. Traders just have to go to the strategy mode feature and select whichever contracts they want to send. It’s possible to send 4 orders at once. This is a great feature for options traders who need to act fast and keep up with the market trends.
Conclusion
I have personally had a great experience with Upstox Pro Web 3.0. Upstox has really worked hard to make this platform ideal for traders. All the features are developed considering the needs of traders, especially options traders. Hence, I highly recommend readers to try it out.
