Sensibull: Features, Login, Charges & Plans
Sensibull is a platform that makes the option trades easier for both investors (beginners and experts) traders. So this platform has an easy-to-use interface, which provides real-time data, and also offers various features that have made it one of the top option trading platforms in India.
Sensibull is designed to make a complex options trading strategy that is simple and available to everyone. As it is a third-party option trading platform it offers tools for traders of all levels. So it aims to make options that are simple and profitable for retail traders in India, and it helps traders to make smarter decisions by offering real-time data, educational resources, and tools.
Key Features of Sensibull
- Options Trading Made Simple: this is a s user-friendly interface that allows traders to explore and manage the options strategies with comfort, so from single-leg trades to advanced multi-leg strategies. So this platform is needed for diverse trading.
- Strategy Builder: Here they build the strategy Builder tool which is a standout feature, and this helps the traders to customize the strategies based which is on their market outlook. So the users can analyze, create, and execute their strategies in just a few clicks.
- Virtual Trading: They offer their users a virtual trading feature that enables beginners to practice options trading without taking any risk with real money. So it’s a great form to learn and test the strategies in a risk-free dynamic.
- Real-Time Market Data: Here they offer their users real-time updates, as they ensure that the traders stay along with the market movements. So this platform provides live data, insights, and charts which help to make informed decisions.
- Options Wizard: This simplifies the process of identifying profitable trades by inputting a market view such as bullish, bearish, or neutral, so the users can discover suitable strategies instantly.
- Education Hub: They offer a wealth of educational resources including blogs, webinars, and videos, as this is a one-stop shop for mastering option trading.
How to log on Sensibull?
If you want to access the Sensibull, you first have to download the app for a better experience. So if you are an Android user then download it from the Play Store, and if you are an iOS user then you have to download it from the App Store.
- Open the Sensibull application.
- Log in through your preferred brokers.
- Enter the registered mobile number.
- Click on the “Get OTP”.
- Then you will receive OTP on your registered mobile number for verification.
- Enter the 6-digit PIN.
- Click on the continue.
- And finally, you will be redirected to the Sensibull home screen.
Why you should care about Sensibull charges
Here when you use any trading platform, then it's critical to understand the fee structure, so hidden costs or overlooked charges can easily eat into your profit, so with Sensibull, you have to know the plans that which plan fit your needs.
And understand the features included in each plan that will keep your trading costs in check. So each plan offers a set of tools to different levels of traders, from beginner to expert option strategists.
Subscription Plans
Here Sensibull operates on a subscription model, so this is offering both plan free and paid. So this platform is structured to meet the needs of traders at various levels. So this allows them to access the different sets of tools which is based on their subscription tier.
Free Plan
This plan is designed for the beginner trader so they can start there with the option trading, as it is a free offering that provides access to a range of basic but essential features, here is the breakdown of What you get with the free plan.
Watchlist | Stocks Data | WhatsApp Alerts | Trade Options |
FII DII Data | Events Calendar | Basket Orders | Basic Option Chain: |
This plan provides a strong foundation for beginners and offers a sufficient toolkit for basic trading. As your trading experience grows, you may find the need for more advanced features, which are offered in the paid plan.
Pro Plan
Here in this subscription plan, is for more advanced traders than the pro plan where Sensibull truly shines, so priced at INR 27 per day or INR 1300 per month with a discount bringing it down to INR 800 per month if you opt for the (longer-term subscriptions), where the pro plan offers advanced features tailored to serious option s traders, so here are some key highlight of the pro plan:
FII DII Data | Basket Orders | Multi Straddle-Strangle Charts | Draft Portfolios | Technical Signals |
Advanced Option Chain | Live Options Charts | Analyse Trades & Positions | Options Screener | Strategy Wizard |
IV Chart | Open Interest Charts | Stocks Data | Easy Options | Custom Strategy Builder |
This plan is ideal for experienced traders who need advanced analysis tools, strategy-building capability, and deeper insights into market data.
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How to use Sensibull for Options Trading
Here are some instructions to use the Sensibull for option trading:
- Navigate to the official website of Sensibull.
- Then sign up and choose the broker.
- Then set your market view, you can either create a custom strategy or choose from the Sensibull-recommended strategies.
- Then execute trades, as it sends real-time order updates and helps you to track the performance of your positions.
- Then analyze the performance by using Sensibull's in-depth analytics tools to track your trades and evaluate your performance.
Pros and Cons of Sensibull
Here are the pros and cons of Sensibull:
Pros
- Here you can get up-to-date market information to make timely decisions.
- Ideal for beginners who need help picking the right strategy.
- The Sensibull seamlessly integrates with the major brokers which makes trading convenient.
- This is designed to make option trading easy and this is even for those new to the market.
- Here is the practice of trading without financial risk.
Cons
- Here the platform primarily caters to the Indian stock market which may not appeal to traders looking for international market exposure.
- Here there are many advanced features such as backtesting and strategy building which are locked behind the paid plans.
Conclusion
In conclusion, the Sensibull is one of India's most popular options trading platforms for a good reason, its range of tools, real-time data, and ease of use make it a top choice for traders looking to simplify options trading.
So whether you are a beginner who trying to learn some of the basics or an experienced trader who is looking for advanced analytics, Sensibull has something for everyone. So if you are ready to enhance your options trading game, then the Sensibull could be your perfect platform.
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