IDBI Direct Trading Terminal – Review, Benefits, Top Features, Set-up Process & more
Last Updated Date: Mar 27, 2023IDBI Direct Trading Terminal is a lightweight and downloadable trading platform as it is easily downloaded and operated on both laptops and computers.
Traders can execute both buy and sell orders instantly with the help of the IDBI Direct Trading Software. This article delivers brief information about the IDBI Direct Trading Platform, its advantages, top features, set-up process & more.
IDBI Direct Trading Terminal Review & Ratings by Top10StockBroker
| IDBI Direct Trading Terminal 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 Trading Platform
IDBI direct desktop trading platform can be easily downloaded and operated on both desktops and laptops. This trading platform enables traders to both place buy and sells orders instantly with the various shortcut keys.
It has various shortcut keys which enable traders to trade at the high speed. It can even enable to execution of the order with low internet speed.
Traders can analyze the stock of various traders with the help of the availability of technical and fundamental charts. Traders can examine limits, the price of the stocks, available funds in the account and many more.
They can even instantly transfer and withdraw the funds available in their account. Traders will be instantly updated about the information on latest trends with the help of this platform.
Traders can access multiple reports such as historical reports, order books, trade books, open positions etc. through this IDBI direct desktop trading platform.
If the traders are looking for lightweights and advanced trading platforms then IDBI direct desktop trading platform is the best option to prefer from IDBI Direct.
Get Free Access to IDBI Direct Trading Software – Open Demat Account Now!
IDBI Direct Trading Software – Top Features
IDBI Direct Trading Software offers multiple features to users. Some of the extended features available on the are:
- Clients will be fascinated with the live streaming of the stock quotes of every stock they desire.
- Users can easily execute both buy and sell orders across various segments and exchanges
- They can easily analyze their trading through various technical and fundamental charts available on the trading platform
- Traders can create various customizable market watch lists and examine their desired stocks
- Traders can initiate their trading activities promptly through various shortcut keys
- Clients will be instantly updated about their order status and order positions
- Traders can easily access multiple reports such as historical reports, order books, trade books, open positions etc.
- Live streaming quotes will immediately be visible on the screen so the users are not required to click on the refresh button again and again
- Traders can examine limits, price of the stocks, available funds in the account and many more
- Traders can speedily execute their trades with the various shortcut keys and even quickly aces to the reports
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How To Set Up IDBI Direct Trading Terminal?
Traders can easily set up the IDBI Direct desktop trading platform just by opening a demat account with the company. Opening up a demat account and setting up the procedure of the IDBI Direct desktop trading platform is quite easy to follow.
- In order to set up the IDBI Direct desktop trading platform, traders are asked to open a demat account with the company
- After opening the demat account and entering their login id and password, traders will see the Market watch option on the screen
- The market watch option will show the list of different company shares on the screens.
- Traders can select any of the shares from the list and can buy or sell shares
- For buying and selling shares, traders are required to click on the icons “B” for buy shares and icon “S” for sell shares.
- Press the submit button for submitting the request to buy or sell shares
- The PORTFOLIO option enables the traders to check their holdings of stocks of distinct company
- Charting options enable the traders to examine technical and fundamental information about the company shares they hold
- NOTIFICATION WINDOW enables traders to see the latest notification related to their trading activities.
How To Own IDBI Direct Trading Terminal?
The traders who are looking to own IDBI Direct Trading Terminal are required to open their demat account with IDBI direct. After opening a demat account, they can easily hold the desktop trading platform offered by the company
Here are the steps to open a demat account with the IDBI Direct
- Click on the link below that says “Open Demat Account”
- A pop-up form will appear, fill up your details in that form.
- You will get a call from IDBI Direct KYC Team.
- These details will be verified by the representative of the company
- If details entered by your finds accurate. You will also be requested to submit a few documents necessary to open a demat account with IDBI Direct
- Documents submitted by you will also be verified by the representative of the company
- Post the verification of your details and documents, your demat account will be accessed within 1-2 working days
- Demat account id and password will be given to you which will help you to access your demat account
Following are the documents you will be requested to you submit with IDBI direct.
- Pan chard
- Aadhar card
- Cancelled Cheque
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IDBI Direct Trading Platform Advantages
- Shortcut keys make the trading execution faster and speedily
- Stock analysis of different companies can be done easily with the technical and fundamental charts
- Live market watch news makes trading feasible
- Quick orders can be placed with the customizable watch list
- Buying and selling orders can be placed across various segments and exchanges
- It is the fastest terminal trading platform where trading activities can be made promptly
- Instant updates on the information traders require related to their traders will be known instantly
- Both bracket order and cover order can be placed immediately
- Traders can able to make feasible trading decisions because of the latest market trends available on the trading platform.
- Traders can customise their watch list according to their own trading needs.
IDBI Direct Trading Terminal – Conclusion
Thus, IDBI Direct Trading Terminal is a lightweight and downloadable trading platform as it is easily downloaded and operated on laptops and computers.
It offers multiple features such as traders can place buy and sell orders, customized their watch list, access multiple reports, and place multiple orders such as bracket orders and cover orders.
If traders looking for lightweights and multiple features of an advanced trading platform then IDBI Direct Trading Software is the best option to prefer from IDBI Direct.
Thus IDBI Direct Trading Platform is the best option.
Get Free Access to IDBI Direct Trading Platform – Open Demat Account Now!
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