IDBI Direct Online Trading Platform – Review, Benefits, Top Features, Set-up Process & more
Last Updated Date: Aug 30, 2023IDBI Direct Online trading platform is speedy, light and can be operated easily with logical flows. It enables the user to access the stock market anytime and from anywhere.
Users can operate this software promptly and effortlessly as this trading platform can be operated without installing software.
This article informs about the IDBI Direct Webpage Platform, its advantages, set-up process & more.
IDBI Direct Online Trading Platform Review & Ratings by Top10StockBroker
IDBI Direct Online Trading Platform Ratings | |
Criteria | Ratings |
Processes | 6.5/10 |
Usability | 6.4/10 |
Features | 6.2/10 |
Speed | 6.1/10 |
Performance | 6.3/10 |
Overall Ratings | 6.2/10 |
Star Ratings | ★★★★★ |
About IDBI Direct Online Trading Platform
IDBI Direct Webpage platform is speedy, light and can be operated easily with logical flows. It enables the user to access the stock market anytime and from anywhere.
Through this trading platform, users can track live price rates, create a market watch list, place orders and even examine orders and trade positions.
It also offers favourable decision-making tools such as price, charts, volumes, limits and stock positions. Real-time streaming quotes are also available on this trading platform.
Users can even access intraday charts in order to track price movements. Users can even check available limit and limit utilization statements. Traders can place their buy and sell stock orders across all exchanges and indices.
Without any much effort, traders can easily set up or own an IDBI Direct Web trading platform. It can be set up or owned just by opening a demat account with IDBI Direct.
The demat account procedure is also quite simple and time-consuming. Traders can even link various demat and saving accounts with the help of this web trading platform.
This IDBI Direct Web trading platform is basically much more useful for investors who trade frequently as the various available features available on this are quite easy to operate.
Get Free Access to IDBI Direct Web Trading Platform – Open Demat Account Now!
IDBI Direct Online Trading Platform – Top Features
IDBI Direct web trading platform is also renowned as an IDBI power streaming and can be directly operated through a web browser. In order to operate this trading platform, it is not required to install any software. It can be operated even without installing software.
Some of its features are:
- Order can be placed with just a single mouse click
- Instant and immediate information about the market and stocks can be known with the help of real-time charting
- You can view 5 top bids at any time with the help of Market Depth window features
- You can immediately analyse the price of the stock changes with the help of a few hotkeys. This enables you to save precious time.
- 7 market watch lists can be operated through this IDBI Direct web trading platform with 50 scripts retained in each market watch list.
- Even the big size buy and sell orders can be placed with just a single mouse click on this IDBI Direct webpage platform
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How To Set Up IDBI Direct Web Trading Platform?
Setting up the IDBI Direct Online Trading Platform for the users is an effortless procedure. It can be set up immediately when the user wishes to set it up.
- The first and foremost which users have to carry out is to open a demat account with IDBI Direct
- The second step is to visit the option MARKET WATCH after opening a demat account
- As you will visit the option MARKET WATCH, you will examine a place option where you can enter the name of the shares you are looking to trade
- Now from the drop-down menu, you can simply pick the company shares which you are looking to either purchase or selling
- Now you can add the selected shares in the ADD SHARES option
- You will get alternatives such as buy share, sell share after adding the shares you want to sell or purchase in add shares option
- Enter the buy share option if you looking to buy shares and the sell share option if you are looking to sell shares
- After selecting either buy or sell share options, you can mention the number of shares you are looking to either buy or sell
- You will further examine icons such as “B” or “S” where “B” stands for buy shares and “S” stands for sell shares
- Your holdings can also be examined in the PORTFOLIO SECTION
- Your various types of charts can be examined by clicking on the CHART OPTION
- If you are looking to examine recent notifications, then you can view that under NOTIFICATION WINDOWS
How To Own IDBI Direct Online Trading Platform?
Users looking to trade with IDBI Direct through their web trading platform can only initiate trading by submitting the following steps to open the demat account and submit the documents.
A few documents to be deposited are:-
- Pan chard
- Aadhar card
- Cancelled Cheque
Effortless procedures to open a demat account with IDBI Direct are:-
- Click on the demat account form and open the link below
- As you will click on the link, you will be able to see the demat account form on your desktop screen
- The further step is to enter all the details given in the demat account online form
- Now the details given by you will be verified by the company executives.
- If the details entered by you seem accurate then you will be asked to provide a few important documents
- Now the documents submitted by you will also be verified by the company executives
- Post verification of the documents, users will be given their logging details through which they can open their demat account form
- Users can easily operate the IDBI Direct web trading platform by entering the login details given by the company.
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IDBI Direct Trade Advantages
- The most beneficial advantage of this web trading platform are that it is time-consuming and effortless as orders can be placed instantly with just a single mouse click
- Changes in the prices of the stock can be instantly known with the help of the various hotkeys features.
- Large-size orders can even be placed immediately with a single mouse click, This saves both time and efforts
- No installation of any software is required while installing this web trading platform
- Market depth window features available on this web trading platform enable the users to examine 5 top bids
- For the sake of operating this web trading platform, a demat account is needed to open which is also quite easy to operate.
- Linkage of various demats and saving accounts can also be made with the help of this web trading platform.
IDBI Direct Online Trading Platform – Conclusion
Therefore, IDBI Direct online trading platform is also renowned as an IDBI power streaming and can be directly operated through a web browser. It offers multiple features which are not much complicated and be used effortlessly.
Users can save a great amount of time as they can place buy and sell orders with just a single mouse click. They can even access information instantly about the market and stocks with the help of real-time charting.
IDBI Direct web trading platform is the most preferred option opted by traders and investors.
Get Free Access to IDBI Direct Webpage – Open Demat Account Now!
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