Upstox - RKSV - Trade in Rs 20 Max

Raj232

Well-Known Member
@RKSV ,
Good Job,
You have done on mobile as well as web platform.
Very nice work.

Few pointers.
Mobile app still doesn't have portrait full screen mode. (Vertical screen space is very critical for chart views nested with indicators)

Web chart is working fine, but lately got pretty heavy.

Opening a new chart, Or a right click on chart to place an OCO take more then 10 seconds. Which is horrendous and won't make it usable for actual intraday trading.

I am using Dual E8400 with 8GB ram on windows pc, latest Chrome on a 50Mbits line.
 

neo.mx

Active Member
Hi,

We are sorry for sending a delayed response. As a broking firm we truly respect you for helping us built a great product.

Upstox started a journey 5 years back with an intention to offer cheapest brokerage rates. All our product offered then were offered through third party partners which provided less of a flexibility to traders. This boosted us to build in house trading product based on the feedback received from the users. The biggest pain was advanced charting. This is something we tried to work thoroughly on and got one of the best charting library into the Pro platforms. We started getting requests from the users for placing orders from the chart, and we got that integrated as well. The best part of Pro web platform is it also shows the open orders on the chart to provide a better insight.

Later we received a request to add a feature for placing orders from the chart on MOBILE platforms. Just a week back we have released a new version of Android with the Trade from chart feature. It also helps you to trade, view order and positions and change scrips without leaving the chart. All Pro platforms can be experienced without opening an account. You can just download the app and start using it for analysis.

Many of our users demanded desktop platform for trading. We never had plans of building our own desktop plans as we knew that Pro web could suffice the need. But it would be just a matter of time till we get everything integrated so thought for getting a partnership going with Reliable software and got their best desktop application integrated; FoxTrader.

The new offering was Upstox API. There are trader who have decent knowledge about programming and would want to build their own trading platform or a trading strategy. We received request from them and this is how Upstox developer was released. Adding to the list was bridge to Amibroker which has also been a great thing.

From the first product launched till now it has been 18 months. It has been a great journey as we have implemented feedback received from our users. We still have a long journey to take over and it will just a matter of time. You can visit our product line https://upstox.com/products/

The best part from the prospect of a user is this all comes at just Rs. 20/-. Also no brokerage on equity delivery trades. We have been always transparent with the charges and taxes through our brokerage calculator https://upstox.com/tools-and-calculators/brokerage-calculator/

To keep the customers close to each other we have built a forum which is available here https://upstox.com/forum/

We are thankful for instilling the faith in Upstox.
What I understand you basically follow footsteps of zerodha. They introduced zero delivery trades and 20 brokerage plan then you also implemented that. They came up with kite api, you similarly came up with upstox api. They started charging call and trade for rms square off orders you also started charging for rms square off orders. I am not against taking good things from successful people. But my humble request to you is that if you have followed all these things for better customer service then please change your square off time to 3.20. As you are charging call and trade, rms team will have enough time to square off open positions.

Thank you
 

chintan786

Well-Known Member
@RKSV ,
Just confirming you that the problem of right click and placeing of OCO persists in the new update of Upstox WEB pro.

Also the charts on upstox looked wrong when compared to Google finance or zerodha kite web or even our old nest.

the candles were moving up and down but not ahead.
 

iTrade

Well-Known Member
Everything is good and most welcoming. One suggestion. Your developers/support team does not respond to all queries on the upstox forum. Also, the new updates to libraries break things for existing code. There are no notifications for new updates as well. This is seriously not good in any way. Traders are risking their hard earned money and its your responsibility to ensure that you do not go breaking code and people lose money for your mistakes. Already its tuff to make money in market and losses due to platform/api issues are hell. Pls look into that.
Once again your API services went down today. Called up support and they said will arrange a call back in 15mins. No one called in 15 mins. Had to close my day abruptly manually for all trades. This is the second time that during market hours your API services start throwing internal server error. Highly unreliable product with lack of instant support. And u know very well we have limited choice at the moment with API providers which clearly is being exploited.
 

Raj232

Well-Known Member
Better bridge would be when place orders (regular, CO, OCO) right from AmiBroker,It should place order on upstox.
Be it manual filling order by click on amibroker button or code.....
This bit grey area because this kind of ordering SEBI things as algo trading
SEBI would not like anybody to make money, nor the broker :)
Thats why nobody wants algo even though the broker might get many buy and sell trades. Algo has been around for a couple of years with Omnesys and other companies not making much of it due to strict suppression by vested interests.

Discount brokers are scared, except for Zerodha who took the initiative to brake the jinx of brokerage collection. However algo jinx is yet to be broken. :happy: