5Paisa Trade Station Review: 5paisa Trade Station is a desktop software also known as a trading terminal. You can download its EXE file from the 5Paisa website and install it on your desktop, laptop, or any other computer device. Trade Station is designed for frequent and advanced traders and this terminal offers superior features and faster execution of orders.
The second-largest discount broker firm, 5Paisa Capital Limited has created a huge customer base just in a very short span of time. The firm started first as being part of the IIFL Group – the largest financial services firm in India.
5Paisa offers various trading platforms, which are –
- 5Paisa Mobile Trading App
- Trade Station EXE (Desktop Trading Platform)
- Trade Station Web (Browser-based Platform)
- Algo Trading (Automated Trading Tool)
- Robo Advisory (Mutual Fund Selector)
In this article, we will review the 5Paisa Trade Station trading software and will see its key features, setup process, and benefits. Let’s get started.
About 5Paisa Trade Station
5Paisa Trade Station is a trading terminal software that can be downloaded and installed on the desktop by the customers and can be used by them for their trading purposes.
The trading terminal offered by 5Paisa is best suitable for professional traders. However, it is not limited to experienced traders only and can be used by nuance traders and investors.
5Paisa Trade Station ratings based on different functionality –
|Ease of Use||7.4/10|
|Features & Tools||7.5/10|
|Speed or Performance||6.9/10|
5Paisa Trade Station Review – Key Features
Following are the key features of the 5Paisa trading terminal –
- It offers customizable watchlists to monitor your favorite stocks and contracts.
- You can place multiple types of orders.
- Advanced charting features to analyze stocks
- Mutual Fund investments (SIP)
- Instant Fund Transfer facility
- Order Slicing feature for better prices
How to use 5paisa Trade Station? – Setup Process
Here are the steps to use 5paisa trade station:
- Visit 5paisa.com
- Then go to Stocks ->Trading Platform
- Click on ‘Know More’ on the Trade Station section
- Click on ‘Get Exe’ and download the software
- Now install it on your desktop or laptop
- Log in using your account ID and password
- Transfer funds in your trading account
- Place buy/sell orders
Benefits of 5paisa TradeStation
The terminal-based application has very good advantages and at the same time few disadvantages as well. Here go 5Paisa Trade Station benefits –
- 5Paisa provides trading calls and stock recommendations for free and that can be accessed with the 5Paisa Trade Station Terminal.
- Trade Station from 5Paisa gets updated pretty frequently, thus, introducing new features every time and fixing the bugs or issues from the previous versions.
- The trading terminal has multiple technical and fundamental analytical tools that you can use for your trading purpose and that makes the platform more powerful.
- 5Paisa Trade Station is not only highly customization but is also quite responsive and has a user-friendly interface making it easier for professional as well as beginner traders.
The 5Paisa Trade Station Terminal is undoubtedly one of the most powerful trading terminal software. Both new and experienced traders would need to acquaint themselves with the various features and functions of the platform.
Hopefully, the review of the 5paisa trading platform i.e. Trade Station will be useful for you to choose for your trading purpose. Read the detailed article on the 5Paisa review to get more insights. Let us know which trading terminal you would prefer in the comments section below. Happy trading!