Zerodha Kite – Online Trading Platform – Zerodha is one of the Best discount brokers. I am sure by now you must have opened Zerodha Demat & Trading Account. Zerodha Kite is trading platform of Zerodha. Latest version is Kite 3.0. This version is famous for speed, features and technology. In this post, we will review Zerodha Kite – Online Trading Platform.
Zerodha Kite is new web-based sleek trading investment platform. It is a new lightweight platform using HTML 5. Zerodha Kite can be used for trading on mobile, tablet as well as browsers. Zerodha Kite is claimed to be the fastest platform. The main objective is to reduce delay in placing an order as stock price changes within few seconds.
Zerodha Kite 3.0 is available in 10 different languages. This is the first platform that is available in regional languages. So, if you are not comfortable with English for trading you can use your own language on the trading platform.
Zerodha Kite 3.0 – Key Features
Low Bandwidth – Zerodha Kite3.0 is lightweight and it uses very low bandwidth.
Speed – Low bandwidth means fast operation. It is ultra fast with streaming market data,advance charts.
Easy to use – Easy interface with navigation. It gives simple buy/sell panels including live ticking charts.
Language Option – It supports 10 different languages including few regional languages and Hindi.
Integrated – Zerodha Kite is integrated with advance behavior analytics and visualization platform.
Information – Live streaming quotes with in-depth market analysis at single place including notification for order status.
Console – You will get centralized dashboard with all information report and visualization.
Sentinel – Market Alerts for stocks, futures and option for free.
Mobile App – Mobile app is available for Android as well as iOS.
Short Cuts – There are multiple shortcuts available on this platform. You can place buy,sell order with keyboard short cut.
URL to access Zerodha Kite3.0 – https://kite.zerodha.com/
Zerodha Kite3.0 – User Experience
You can personalize Zerodha Kite3.0 and set your personal picture on login. This picture will be shown on the top at Login Icon.
A new facility of Kite 3 allows you to get an important notification and all messages on Kite, despite you are using other applications.
Marketwatch & Dashboard
You can customize and make your own Marketwatch Dashboard. In this dashboard you can select your own fields. It also shows a summary of your equity portfolio holding in a visualized way. In addition to that, you can pin your favorite scrip on the top left corner.
Search and Filter Facility
Search or Filter facility is improved in a new version. Now you can search for specific scrips on your order book. You can also filter between buy and sell.
Universal Context Menu
You can view the Chart, Buy, Sell or add a script in Marketwatch from any of the reports like Holdings, Order Book or Position report. The universal context menu is more helpful for analysis and decision making purpose.
Floating order Window
A new feature of repositioning order window is introduced. You can place an order window floating anywhere on the screen. This makes order placement easy. Just drag and place an order.
Exit Multiple Orders/Positions
You can now select multiple open order positions and exit from all position with a single click. You need to filter order and click on cancel after selection.
Multiple Chart View
You can view multiple charts on the same screen. Drop down option allows you to select two charts or four chart scrip. This means you can see two or four stocks chart on the single screen. In addition to that, you can also use trade from chart facility.
Repeat Order from Context Menu
Context menu contains the option of a repeat order. If you want to quickly to place an order which was already placed once again you can use this option.
Zerodha Kite has very good fund transfer facility. You can deposit or withdraw money from your account using UPI, Payment Gateway, IMPS/RTGS/NEFT. Fund withdrawal has specific time and it takes around 24 hours to transfer fund to your bank account.
How to Use Zerodha for Buying and Selling Shares?
- Login at Kite platform (kite.zerodha.com) using your Zerodha Kite ID.
- On the successful login you will find option called as market watch.
- You need to click on that option and type a share name which you want to buy or sell.
- You can also find the drop down in the dashboard from where you can select a share share for buy/sell.
- If you want to add share in the watch list, click on the add button to add your share to the market watch.
- Once the share is added to your marketplace, you will find options like buy, sell depth, and chart on your share.
- You can click on the B or S icon to go to Buy or Sell Window.
- You need to provide buy/sell quantity details and cut off price before placing the order.
Zerodha Kite Review
Truly speaking Zerodha Kite 3 is an amazing trading platform which provides an easy user interface, top class facility and faster operation at very minimal cost. Multi-language support and intuitive design make this platform more attractive. Additionally, Kite also gives you access to various APIs to build your own apps. You can access all reports with a click of a button.
The trading platform of Zerodha Kite is available free of cost for Zerodha customers.
I highly recommend to use this platform for stock market traders and investors.
Have you ever used Zerodha Kite?
Do share your experience about Zerodha Kite.