ScalperT Review - A Brokerage Free Trading Platform
Finvasia is a fintech company offering a number of services related to financial sectors in India by using cutting edge technology. Finvasia has offices in Chandigarh, India and in 12 other countries. Finvasia is an online stock broker for retail customers. They offer Equity and Commodity trading services on BSE, NSE, and MCX stock exchanges.
ScalperT is Finvasia's homegrown trading platform. It was launched on September 2017. It is an advanced charting and trading application. It can be accessed via Browser or Android. ScalperT is made available free of charge to all the clients.
SCALPERT. It's Simple !! It's Free !!
A scalper is a person who holds a security trading position for a short period of time in an attempt to make a profit. Scalpers buy and sell many times in a day with the objective of taking small consistent profits out of the market.
ScalperT Product Highlights
It is designed and developed in-house.
It is built on Omnesys APIs, OMS (Order Management System) and RMS (Risk Management System). Omnesys is a Thomson Reuters Company. Omnesys is famous for its NEST trading platform.
ScalperT is very similar to Zerodha's Kits and RKSV's Upstox trading platforms which are also built on Omnesys API, OMS and RMS. Both provide web and mobile version of the software.
ScalperT is available in 2 versions. A web browser based trading website and a mobile trading app.
It doesn't offer installable trading terminal.
It offers to trade at BSE, NSE, and MCX.
It is integrated with the demat account to show the holdings in real-time.
ScalperT Key Features
Integrated trading app for trading across segments and exchanges. Trading in Equity, Equity Derivatives, Currency Derivatives and Commodities at BSE, NSE, and MCX.
It has all standard features which are available in trading apps offered by other brokers. For example, real time data and charges, market watch etc,
Advance order types including cover order (CO) and bracket orders (BO) are available. Additional margin is available for CO and BO orders (Up to 28X for CO for equity). BO is also available at MCX.