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Upstox Pro Vs Finvasia ScalperT Trading Platform Comparison

Compare Trading Platform Upstox Pro and Finvasia ScalperT. Find similarities and differences between Upstox Pro and Finvasia ScalperT Trading Softwares. Find the most powerful trading platform. Find which trading software is better among Upstox Pro and Finvasia ScalperT.

Upstox Pro Vs Finvasia ScalperT

 Upstox ProFinvasia ScalperT
Upstox Pro LogoFinvasia ScalperT Logo
About Trading Platform

Upstox Pro is a free web-based trading platform that facilitates trading across Stocks, Futures and Options, and Currencies in NSE and BSE. The platform is developed using HTML5 technology and offers high speed and ease of use to traders.

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.

Platform OwnerRKSV Securities India Private LimitedFinvasia Securities Private Limited
Trading Segments Offered

Equities, Currency and Derivatives

Stocks, Commodity, Currency, Derivatives

Products Offered

Pro Web, Pro Mobile, Algo Lab, Developer, Dartstock, Nest Trader, Fox Trader

ScalperT Web, ScalperT Mobile App

Order Type Offered

Limit, Market, StopLoss, StopLoss-Market, StopLoss-Limit, Cover, Bracket, After Market

Normal, MIS, Stop Limit, Market, Limit, Stop, Cover, Bracket Order

Supported Exchanges

NSE, BSE

BSE, NSE, MCX

Brokers using this platformRKSV Securities India Private LimitedFinvasia Securities Private Limited
Order Management System (OMS)

Omnesys NEST OMS

Omnesys OMS

Risk Management System (RMA)

Omnesys NEST RMS

Omnesys RMS

Trading Platform EnquiryOpen Instant Account with Upstox Pro

Upstox Pro Vs Finvasia ScalperT Review

 Upstox ProFinvasia ScalperT
Product Highlights

Upstox is a powerful trading platform. Some of the major highlights of the platform are-

  • Used by over 100K+ traders
  • Built using HTML5 technology
  • Powerful and easy to use
  • Advanced charts with 100+technical indicators
  • Highly customizable as per trading needs

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
Key FeaturesUpstox Pro Features

Source: Upstox

Upstox pro is available in web and mobile version and offers fast trading experience to users. The platform offers a range of features to traders such as-

  • Universal search tool to search for desired stocks.
  • Single platform for trading in Stocks, Futures and Options, and Currencies
  • Powerful charting tools with over 100 technical indicators to apply
  • Charts of multiple intervals, types and drawing styles
  • Facility to trade directly from charts
  • Create unlimited price alerts and get instant updates
  • Create unlimited customized watchlists
  • Get real-time market feeds to be updated on your scrips
  • Get access to predefined watch-list of Nifty 50 and other indices
Finvasia Charts

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
Advantages
  • Good charting features
  • Good customization options
  • Frequent updates to the product
  • Fast trading experience
  • 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
Disadvantages
  • The platform doesn't allow direct investing in mutual funds.
  • It has limited features when compared to other platforms available in the market.
  • The user experience of the app is better than the web version.
  • BTST (Buy-Today-Sell-Tomorrow) feature is not available.
  • Scanners are not available.
Account Opening EnquiryOpen Instant Account with Upstox Pro

Upstox Pro Vs Finvasia ScalperT Features

 Upstox ProFinvasia ScalperT
Installable Trading TerminalNoNA
Trading WebsiteYesYes
Mobile Trading AppYesYes
API AccessYesNo
Offered by Multiple BrokersNoNo
Equity TradingYesYes
Currency F&O TradingYesYes
Commodity TradingYesYes
Online IPO ApplicationNoYes
Online Mutual FundsNoNo
Integrated BackofficeNoDonot Know
Open an AccountOpen Instant Account with Upstox Pro

Upstox Pro Vs Finvasia ScalperT Charts

 Upstox ProFinvasia ScalperT
Chart Types Supported1312
Chart Indicator10040
Place Orders from ChartYesYes
Online Account OpeningOpen Instant Account with Upstox Pro

Upstox Pro Vs Finvasia ScalperT Features

Trading Platform Definitions and Abbreviations

  • 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