Finvasia ScalperT Vs HDFC ProTerminal Options Trading Platform Comparison
Compare Trading Platform Finvasia ScalperT and HDFC ProTerminal. Find similarities and differences between Finvasia ScalperT and HDFC ProTerminal Trading Softwares. Find the most powerful trading platform. Find which trading software is better among Finvasia ScalperT and HDFC ProTerminal.
Finvasia ScalperT Vs HDFC ProTerminal
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Finvasia ScalperT |
HDFC ProTerminal |
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About Trading Platform |
ScalperT is an in-house developed web and mobile-based trading platform. Launched in 2017, the platform can be accessed across browser and is available for Android users on mobile. |
HDFC Pro Terminal is a web-based trading platform developed for traders and analysts and offers a range of essential and advanced features for fast and reliable trading. The platform offers some unique features like sentiment analysis and predictive data analysis to help you accurately gauge the market sentiment and predict the market trends. |
Platform Owner
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Finvasia Securities Private Limited |
HDFC securities Ltd. |
Trading Segments Offered
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Stocks, Commodity, Currency, Derivatives |
Equities, Currency, Derivatives, Mutual Funds and Bonds |
Products Offered
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ScalperT Web, ScalperT Mobile App |
Pro Terminal App |
Order Type Offered
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Normal, MIS, Stop Limit, Market, Limit, Stop, Cover, Bracket Order |
Limit, Market, StopLoss, StopLoss-Market |
Supported Exchanges
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BSE, NSE, MCX |
NSE, BSE |
Brokers using this platform
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Order Management System (OMS)
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Omnesys OMS |
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Risk Management System (RMA)
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Omnesys RMS |
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Trading Platform Review
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Finvasia ScalperT |
HDFC ProTerminal |
Product Highlights
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Major highlights of the trading platform are-
- Developed in-house leveraging Omnesys APIs, OMS, and RMS
- Available as a browser-based platform and a mobile app on Android.
- Facilitates trade at BSE, NSE, and MCX.
- Integrated with the demat account
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HDFC Pro Terminal is an advanced trading platform built for faster trading and deep analysis of stocks. Some of the key highlights of the platform are-
- Sentiment analysis- To understand the sentiments behind a stock movement and take an informed trade call.
- Predictive data analysis- To predict the future of the market leveraging data.
- Strategy screen- To analyze probability for price forecast, and evaluate various options trading strategies based on your risk and reward preferences.
- Advanced charting- To deeply analyze a stock or a contract.
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Key Features
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Source: Finvasia
Some of the key features of the trading platform are-
- Trade Stocks, F&O, Currency and Commodities
- Historical Data with multiple time period options
- Real-time charts with 40 indicators
- Real-time update on your portfolio, positions, and PnL
- Custom market watch list
- Directly trade from Charts
- Various order types: Normal, MIS, Stop Limit, Market,
- View your trading positions (Day and Net)
- Online fund transfer from over 30 banks
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Major features of the HDFC Pro Terminal platform are-
- User-defined watchlists to build your own watchlists and keep track of the desired stocks.
- Technical signals when a particular stock breaks important levels on key technical indicators.
- 8 different types of charts including Line, Area, Candlestick, Line Break, OHLC, Range Bars, Heikin-Ashi, and Renko for comprehensive analysis.
- Directly place an order from the Chart screen.
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Advantages |
- Free trading software
- Zero brokerage and fees on trades
- No Clearing charges when trading on NSE
- Free Call & Trade services
- Built using Omnesys APIs, OMS and RMS system
- Facility to buy and sell IPO and Bonds
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- Advanced trading platform that leverages high-end technology.
- Unique features like sentimental analysis and predictive data analysis.
- Strategy screen to evaluate option strategies.
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Disadvantages |
- BTST (Buy-Today-Sell-Tomorrow) feature is not available.
- Scanners are not available.
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Subscription fee to access the platform. |
Features of Trading Platform
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Finvasia ScalperT |
HDFC ProTerminal |
Installable Trading Terminal
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Trading Website
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Mobile Trading App
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API Access
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Offered by Multiple Brokers
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Equity Trading
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Currency F&O Trading
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Commodity Trading
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Online IPO Application
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Online Mutual Funds
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Integrated Backoffice
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Charts Related Features
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Finvasia ScalperT |
HDFC ProTerminal |
Chart Types Supported
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12 |
8 |
Chart Indicator
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40 |
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Place Orders from Chart
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Features of Trading Platform
Trading Platform Related Abbreviations / Definitions
- Back-Office - The back office application facilitate trade analysis, managing funds in the trading account, managing portfolio, pledged holdings, P&L Statements, reports related to tax filings, end of day reports and historical data.
- OMS – An Order Management System is a software program developed to execute market transactions in an efficient and cost-effective manner. Stockbroker uses OMS to manage orders received from customers.
- RMS - The risk management system of Trading Platform. This core component manages various risk components while trading. This includes making sure that customer has enough margin available for open positions and take the required actions in case of short of capital.
- Trading Product Types
- MIS - Margin Intraday Square-off
- CNC - Cash n Carry
- NRML - Normal F&O trades
- BO - Bracket Order
- CO - Cover Order
- AMO - After Market Order
- Order Types
- Market Order
- Limit Order
- SL Order - Stoploss or trigger
- SL-M Order - Stoploss Market
- Exchanges
- BSE - Bombay Stock Exchange
- NSE - National Stock Exchange
- MCX - Multi Commodity Exchange