Looking for Low Brokerage, High Margin & Free Tips?
Orril Trade
List of Stock Brokers Reviews:
Orril Trade
7.2
Pros
- Decent Trading Platform
- Multiple ranges of products
- Robust Trading App
Cons
- Inadequate Information
- Limited data
- Relatively new in the stock market
Orril Trade is a new name in the stock market which offers its brokerage services to traders at a minimal price. It provides trading services across all the stock market products such as equity, derivatives, currency, commodities, mutual funds, IPOs, and PMS.
It works tightly on these stocks registered on the Indian commodity exchanges such as NSE, BSE, and MCX. Apart from these useful services, it helps in empowering investors with insights to Demat account opening, brokerage plans, Orril Trade terminal, and much more!
Let us gather some more information regarding this broker and understand their process flow. Also, through this documentation, you will be able to decide whether it’s a suitable broker for you or not.
Orril Trade Review
Orril Trade is an Indian brokerage firm registered in Mumbai, Maharashtra. It is an Indian discount broker offering its services to diverse platforms such as:
- Equity
- Derivatives- Futures and Options
- Commodity trading
- Currency trading
- Mutual Funds
- Depository Participant
- IPO
- Portfolio Management Services
One of the unique features of the broker is its e-KYC option which deals in the securities market where an investor can online register for KYC with an Adhar card through a SEBI registered intermediary such as a broker, depository participant, etc.
To date, Orril Trade has served nearly 6000 clients across 150+ Indian cities.
Traders or the investors can view the latest stocks in their “Trending Offers” section on the homepage. Orril Trade also allows its customers to open a free Demat and trading account.
Also, they have a team of more than ten highly qualified customer care staff who provide full-time support via phone, email, or chatbot options.
Moreover, Orril Trade allows users to calculate brokerage charges and calculate the margin of MCX and NSE companies.
Orril Trade Products
Orril Trade provides its customers with various investment products such as
Equity: Through Orril Trade, you can easily earn shares or stocks in any company. There are innumerable equity stock market data available in their portal so that an investor can choose his desired company.
If you are still wondering about equity investment, knowing everything about it can bear you profits.
Some of the features of Orril Trade equity are:
- Orril Trade allows you to earn more profit in the form of capital gains which can be of short or long duration.
- Through the Orril Trade, equity segment, an investor can increase his profit rapidly and can generate maximum ROI.
- Another salient feature of the trading in the equity is that it is quite less risky than other trading segments.
- Orril Trade’s Equity shares can be easily converted into physical form by tapping on a few buttons.
- The equity segment offers tax-free profits to long term equity investment types.
Derivatives: Orril Trade provides trading in derivatives such as futures and options. Why trading in Orril Trade Derivatives is a profitable investment?
- Profits in Futures and Options are relatively higher than other trading segments.
- In derivatives, an investor can gain much higher returns however, it is always risky to invest in derivatives.
- Another benefit of trading in derivatives is that mostly an investor pays the margin amount (5% to 20%) of the contract which means that very low investment is required especially in options.
- Brokerage is comparatively lesser in derivatives.
Currency Trading: Currency trading is a very popular trading segment and it is a 24- hour market which only closes on Friday. Some of the key features of currency trading as discussed in Orril Trade are as follows:
- Through currency trading, an investor can manage its risk efficiently.
- Currency trading allows traders to make huge profits by using exchange rates of several markets.
- Instead of the whole amount, you only require to pay margin cost in the currency trading.
- Currency trading offers vast areas for trading. Therefore, investors have enormous opportunities in this trading segment.
Commodity trading: Commodity trading is another trading segment offered by Orril Trade. Here, below are a few characteristics of the commodity trading at Orril Trade:
- The trading process in commodity trading is transparent, especially in future trading.
- Commodity trading helps an investor to build a diversified investment portfolio.
- Investors can also invest in physical gold and to safeguard it various exchanges offer lockers or deposits
Mutual funds (MFs): Orril Trade mutual funds segment allow you to invest in the pool of money from different investors. The main features of this trading segments are as follows:
- Mutual funds are the cheapest trading segments from the other investment fields.
- Mutual funds offer huge returns to investors with minimal risk factors.
- Inflation can be possibly lowered by investing in mutual funds.
- Mutual funds investment is solely managed by the experienced fund managers to allow smooth functioning and proper management of the funds, stocks, or shares.
IPO (Initial Public Offering): Orril Trade also allows its investors to trade in various segments of IPO. Features of IPO are as following:
- Investors can bid for a large number of shares of a particular company by following quick and simple ways.
- Investments in Initial Public offerings gain higher profit and increase your revenue gradually.
- Returns from this trading segment are a bit higher than other segments which is why Orril Trade is offering this platform to its customers to bloom their future.
To start trading, open the Demat Account
Orril Trade Mobile App
Orril Trade offers a stunning and highly responsive trade mobile app for its Android and iPhone users.
The main characteristics of this mobile app are discussed below:
- In Orril Trade mobile app, only one-time login is required. Therefore, you do not have to go through the login process again and again. Just open the app and start trading to make more profit.
- It provides its investors with easy buy and sells options. Instead of a long buying and selling process, Orril Trade has provided a simple and quick way of trading.
- The mobile app allows you to make orders of various product types such as MIS, CO, BO, NRML, SL with ease. Therefore, you can do intraday trading, place aftermarket orders, and much more without any hassle.
- The broker offers basic to complex charts with all indicators. Hence, giving you much larger trading opportunities and offering an easy way to track your performance, trades meters, etc. In short, it allows you to trade profitability.
- It allows Instant Pay In features to its valuable customers.
- Another important feature of the Orril Trade app is its stunning Market Scanner which gives real-time stock market data and valuable information for trading.
Along with the mobile app, Orril Trade offers powerful desktop trading applications with a wide range of unique characters. To mention a few:
- Highly responsive through all windows and desktops, fast speed, and a user-friendly platform.
- Leverage hot maps to select the most viewed or active sectors and trading segments.
- Extensive market dynamics to understand the trading trends and patterns.
- Transparent market meter to analyze the trading market and understand detailed charts to power your technical analysis.
Orril Trade Login
To login to the mobile app or other trading platforms of the broker, it is essential to open the account.
You can open the Demat or Trading account with Orril that offers you the client ID and password, you can use these credentials to access your account where you can start trading without any hassle.
Also, you can reset your password, once you login to the account using the details offered by the broker.
Orril Trade Brokerage Calculator
Orril Trade offers its customers or investors to calculate their brokerage charges for various stocks- equity, derivatives, currency trading, commodity, etc.
An investor or a trader can calculate his brokerage charges for Delivery and Intraday Trading without any charges.
This free calculator allows a trader to pre-determine brokerage charges and compares it with other brokers too.
Here, you are required to add your stock quantity and the rest of the details. In the end, the brokerage charges will be calculated.
Orril Trade Margin
Orril Trade gives access to its investors or clients to calculate small or large scale margins of different supplies for MCX Intraday such as crude oil, aluminum, gold, lead, silver, natural gas, and much more!
It gives accurate information about a particular stock such as quantity, expiry date, and Orril Trade’s margin.
In addition to MCX, it also calculates the margin of NSE supplies in Intraday futures, intraday cash and options segment for both small and large scale investment area.
With a small margin, an investor can avail of huge profits in Nifty, Apollo Tyre, Bank Nifty, Adani Power, Adani Ports, etc. with a piece of proper information on their expiry, size, LTP and Orril Trade’s margin.
Final Thoughts
Investment is a risky area but having a right broker can offer so many trading opportunities and guidance to the beginner level and advanced level traders. Orril Trade is a new name in the discount brokers list and proper knowledge about them is a must!
Currently, Orril Trade is making various amendments on its website and its trading app to improve investors’ performance. Hence, with few improvisations and features, Orril Trade can effectively step in the big market of trading.
Want to know more, feel free to contact us
More on Discount Broker