Upstox - RKSV - Trade in Rs 20 Max

[TracerBullet]

We're working on making this much better with studies, indicators, trade from charts, and more.

Deba72 -- can you help us out by outlining some key features you'd definitely like to see on a pro charting platform?

Thanks

One thing i would like in new platforms is, along with trade from charts, to be able to enter Entry and Stop ( and optionally targets ) in one go. If possible, Stops should stay in your server ( and get triggered after entry for BO orders )
Bracket order as of now are limited with fixed stop size instead of allowing us to input separate stop price.

 

[deba72]

We're working on making this much better with studies, indicators, trade from charts, and more.

Deba72 -- can you help us out by outlining some key features you'd definitely like to see on a pro charting platform?

Thanks

While I appreciate your spirit of listening to your clients, it will be simply too simplistic for me to open my TT platform and then list all the features they have ( and which are absent in upstox ). Request you to go through TT in details and set it as one of the benchmarks and then try to build a platform which surpasses it. At its present form, Upstox charting doen't come close to TT except that it has many more indicators and chart types.

I am a pretty satisfied client of yours otherwise and referred many people to you via word of mouth and through my website. I run a market related website ( don't think MODs would allow sharing the URL ) where I also put a link to your website. I have really high expectations from you guys and I sincerely want you to succeed. I was associated with three of the biggest brokers in this country as a franchise in last 10 years and I always hated their unwritten philosophy of fleecing clients by various means. All the new age discount brokers like you people have come as an agent of change. So keep up the good work !:clap:

 

[id4trade]

By when you are planning to implement it? (Live candle update on chart)

Haven't got reply on this?

 

[soft_trader]

@RKSV

Now that you are launching new platform like upstox, in future do you plan to abandon NEST and migrate completely to upstox?

 

[id4trade]

The charting platform, as it stands know, is not even 30% of what I expected from you guys. And if this is the final thing, then I must say I am disappointed. Since last 8 years am using Trade Tiger and compared to TT this Upstox seems to be of pre-historic age.

This debate can be really fruitful for us traders and ultimately for the broker, if the broker not just listen but also reply.

Replying after two days doesn't count, as the ideas remain alive only till debate is in heat

I agree with @deba that this is less then 30% what we have expected.
The lack of comments here about uptox gives a hint.

What ever @RKSV says, they try to take a short cut here and decided to go for a web terminal instead of a desktop client.
They must have thought that development of web front end should be easier and cheaper.
But sooner or later they are going to hit a wall, where even if they want to test and implement key features they won't be able to do it because of the web/HTML5 limitations. So competing with a desktop client like TT is a distant dream.

Son don't be "Penny wise Pound foolish" will be written all over that wall.

Somewhere in this thread, I saw that @RKSV said "we re writing indicator's from scratch"

I struggle to understand why they want to 'reinvent the wheel'
Doesn't all 'this bells and whistles' is mere front end?
Not negating importance of the front end of any software, let alone upstox. Just calling spade a spade.

We all know that these frontends are predeveloped packages just need to be customized as per user/broker needs.

For example TSO's "spin" and Zerodha "pi" are just clones, predeveloped package from modulus and forntend customized by tradelab.

rksv's "uptox" and zerodha's "kite" are same. Color of terminal doesn't count.

Point is, you can't beat TradeTiger because that's not just a repackaged frontend.
No offence meant.

But you can surely beat Kite, pi and spin. For that you need to keep the interest alive of your customers, in return they will give you the feedback to make it a topnotch frontend.

A broken beta is fine, but not the dead beta.
In stock market, nobody want to see a candle which doesn't move.
Who know this better then a broker.

Best wishes

 

[Punter786]

@Id4trade

You hit the nail on the head. Would just like to add that no broker can develop a new, "orginal" frontend without developing the backend - which is OMS etc. And doing this requires lots of money and expertise probably, as it's a bit complex technology. Hence they go for readymade cheap, inferior modules and codes. So the chance of TT like software from discount brokers is very very less.

Hats off to the earstwhile promoter of Sharekhan for pulling of this feat so early after the launch of their company. Wow. Take a bow.

 

[bpr]

I am sick and tired of all this excuse it takes time and energy and money.
Then don't develop your own platform instead create some integration with existing platform.

If you do decide then don't give excuse and it should be the best of all existing systems out their otherwise logically your decision to create yet another shitty platform is flawed.

 

[TradeRaid]

This is definitely not kicking butt. Actually this is quite lame. Feels like just better fonts, colors, etc added on the NEST html 5 platform.
This is definitely not beta, currency quotes are not ticking, charts are hmm,.. but guess u r overhauling them. Was quite excited about this launch, but everything about this is underwhelming..
I hope the final version will feel much better than this.

I have one question though, if this is upstox pro, what is the non-pro version? Also if you are rebranding as upstox ( I am guessing the play is upstocks )would that mean you will stop offering commodity trading? Because I don't see MCX on this.

Missed answering this, intentional?

 

[NJ23]

So many great platforms out there man. I don't understand the DIY mindset of Indian brokers. Even something like NT is better than most platforms including the so-called innovative ones. Maybe money, maybe regulations. I don't know what their constraint is. I don't think we should expect any good platform to come out from anyone soon. Forget about getting the APIs and all. We have to live on Jugaad for long I suppose.

 

[Punter786]

Arey baba TT ko he reverse engineer karlo... Why waste so much time and money?? . Nothing unethical about it... it's a very common practice in software industry... it might be "unlawful" but everyone does it!! :lol: