Sensibull Review 2022

Want to know all about Sensibull? In this Sensibull review article, we're going to explain all the aspects of Sensibull including why it simplifies options trading.

what is sensibull?

The only Indian-oriented trading firm that offers customized service to the customer base is called Sensibull. They are also the first company in India to offer a digitalized trading platform with all the latest features. 

Trading in stocks can be intimidating and confusing at best. However, if you're investing via a stockbroker, trading is as easy as clicking a button or two. 

With Sensibull's help, it's never been easier for Indians looking to buy an Indian stock from an Indian broker without having to go through any paperwork or process of opening up a brokerage account. 

Sensibull offers a host of services, e.g., cash management, trade-in shares, derivatives trading, and commodity trading, wherein the customer can execute their trade with ease and convenience. 

Sensibull is basically a brokerage firm that specializes in providing online share trading facilities to its customers. An investor who is just starting out and wants to buy their first share can easily open up a brokerage account with Sensibull.

For investors looking to trade stocks, the Sensibull platform offers an array of tools and information that allows them to make smart choices when it comes to picking stocks. 

For more experienced traders, the Sensibull mobile app allows them to keep a close eye on the markets in real-time.

Pros and Cons of Sensibull

Pros:

1. The platform is simple to use and easy to navigate.

2. Free education videos are available, which are helpful for beginners.

3. The mobile app is free and offers a plethora of features.

4. It also offers exclusive trading based on technical analysis, viz., the Trend Trader option available exclusively with this broker, wherein it will provide personalized recommendations based on the trend of the market and your historical trading data provided by you.

5. Sensibull is the first broker in India to offer a digitalized trading platform equipped with all the latest features like real-time updates and live streaming of quotes and news.

6. The company prides itself on the fact that it offers 24/7 customer support.

7. The platform is secure, flexible, and transparent.

8. Sensibull also boasts of an easy-to-understand trading environment with many useful resources like the investor education module and the option to filter stocks based on sensitive criteria like CEO ratings, PE ratio, return on equity, etc.

9. Sensibull has won several awards in the past few years for its contribution to the Indian stock market.

10. The brokerage firm doesn't charge any amount for the opening or closing of a trading account. There are no charges for maintaining a cash balance either in an individual's trading account or in their Demat account as well.

 

Cons:

1 . Although the company offers a wide range of services, there aren't many Indian stocks traded on the platform. As of now, Sensibull only has a handful of stocks listed on its platform.

2. There are no options to short sell, nor any futures contracts or derivative products.

3. The company doesn't provide any services to institutional investors and has no separate requirements or pricing policies for them.

4. While there is a nominal transaction fee of INR 5 per transaction, it's charged as per the total value of the trade and not per lot traded.

5. There is an annual fee of INR 100 for trading above a turnover of INR 2 lakhs in a financial year, which makes it more expensive for the higher volume traders to operate within the Sensibull platform than those who have less frequent trades.

In recent times, Sensibull has continuously made its name known among investors across the world by offering an array of innovative products and services designed to help people make informed trading decisions based on facts and figures instead of mere opinions.

How does Sensibull work?

If you are looking to buy your first Indian stock, then all you will have to do is open up a trading account with Sensibull. For investors looking to trade stocks:

1. The Sensibull platform offers an array of tools and information that allows them to make smart choices when it comes to picking stocks.

2. For more experienced traders, the mobile app offers a plethora of features that allow you to keep a close eye on the markets in real-time.

As a registered user, you will be able to track the performance of your investments, analyze market trends and interpret industry data or news.

3. Being an online broker is just one of many services offered by this brokerage firm. All of the other services that Sensibull offers can be compared to retail stores.

4. The brokerage firm holds an annual conference to provide its customers with the latest industry updates and share insights on why they should change their investing strategies.

5. At the end of every quarter, Sensibull also provides its customers with their performance report along with the key points of the aforementioned performance report.

6. Sensibull also offers its services to retail investors looking to invest in commodities or derivatives.

7. As a registered user on the platform, you will be able to avail of cash management services that help you manage and grow your funds,
as well as trade-in shares and get back part or all of your initial investment if you are not happy with the performance of that stock.

8. Their customer service department is one of the best customer service departments in India when it comes to responding to queries from users in a timely manner and
keeping their customers updated with the latest information about trading conditions.

9. As a registered user, you will also get access to the Sensibull blog that offers analysis and insights on the Indian stock market.

10. The company also offers its clients an array of services that help investors to make informed decisions. All these services can be seen on their platform, given that you have one of their accounts already opened.

11. Sensibull has won several awards in the past few years for its contribution to the Indian stock market and for providing a variety of services designed to help people make informed trading decisions. 

Sensibull charges/sensibull pricing

1. Sensibull charges a nominal transaction fee for trades above a turnover of INR 2 lakhs in a financial year.

2. The brokerage firm also offers an annual fee of INR 100 to its clients who make more than a certain number of trades within the calendar year, which can scale up to as much as INR 1,00,000 based on the amount of trading done by them.

3. Sensibull offers its services to retail investors looking to trade Commodities or Derivatives as well, making it easier for them to access these types of investment opportunities.

4. They have 3 plans that should be chosen based on your needs

• The first is the Sensibull free plan, which provides a platform to trade between INR 2, 4, and 500 in the first year.
• The second plan is Sensibull lite which charges INR 800 per month.
• And finally, Sensibull pro charges INR 1300 per month and is for those who are looking to trade stocks with a turnover of over 50,000 at a rate of INR 300 per trade with no upper limit to the trading volume.

Features of Sensibull

Sensibull is the first online stock broker in India that helps its customers to trade in both equity and derivative segment of the Indian market.

The website is well-structured and user-friendly, and it offers a plethora of useful features for seasoned share traders as well as beginners. In order to start investing in shares on this platform, you will have to register yourself with them (free of cost).


1. Sensibull offers an array of features, but none are particularly innovative or revolutionary to the Indian stock market.

2. All of the features that Sensibull offers can be found on their main trading platform.

3. The main features available on their trading platform are:

• Options: Sensibull doesn't offer any type of derivatives products, although it is possible to trade futures contracts and options strategies on their platform if you want to short sell stocks or hedge your bets by selling options. 
  
  
• Limit orders: These are also known as Stop orders, which means that when you place a market order for a stock, the operational parameters (TP, SL, etc.) will be calculated based on the current market prices rather-
  
  than the last traded price. A Limit order is basically a request from you to the trading platform to buy or sell your stocks at a rate that you specify.
  
  
• Market orders: These are basically orders to buy or sell your stocks at whatever rate you enter in your order. 
  
  

4. As mentioned earlier, Sensibull doesn't provide regular services for institutional investors, although it does offer mutual funds and ETFs if this is something that suits their clients' needs best.

5. The firm also offers its services as an independent money manager for retail investors looking to invest in commodities or derivatives.

6. The customer service department of Sensibull is one of the best customer service departments in India when it comes to responding to queries from users in a timely manner and keeping their customers updated with the latest information about trading conditions.

7. Sensibull also runs a blog, which offers analysis and insights on the Indian stock market.

8. Sensibull is one of the best investment companies in India when it comes to customer satisfaction.

9. The brokerage firm also offers an array of services that help investors to make informed decisions on the market. The list of all these services can be seen on their main website.

10. Sensibull has won several awards in the past few years for its contribution to the Indian stock market and for providing a variety of services designed to help people make informed trading decisions. 

3 Steps to trading options in Sensibull

1. Log in and go to the dashboard. Enter your market view.

1. You can enter multiple market views for different options. For example, if you want to buy calls on the Nifty and sell calls on the Sensex, this is possible.

2. Select the option you want to trade in Sensibull. After selecting your market view, enter the contract month and strike price of your option.

3. Buy or Sell the option in Sensibull. If you want to buy a Call Option, then select Buy Call and if you would like to sell a Put Option, then select Sell Put. The buy/sell page will open up here with all your selected stocks,
allowing you to initiate trading immediately.

2. Select the right strategy from various recommended strategies.

1. You can select your desired strategy from various recommended strategies.

2. All of the options from Sensibull are listed on the platform so that you can choose what suits your needs for that particular option. You can also choose to see all the options in Sensibull if you want to see them all on one page.

3. A trading window will open up on this page, where you will be able to see the cash flow and total profit/loss for that particular trade

4. You can also see the premium for that trade on the same page.

5. These are the features of options in Sensibull, and it is very easy to use it if you are familiar with trading in India

3. Place an Option order and check the status of your orders.

1. You can place an option order by entering the number of contracts you want to trade and then hitting the buy or sell option.

2. A Market Order will be placed so that you can exit the market immediately.

3. You can check on this page in Sensibull to see if your order has been placed successfully or not.

4. If you have any orders in place, then it would be shown here for you to check their status.

5. You can also cancel existing orders using this page.

Final Thoughts

Sensibull is one of the most well-known brokerage firms in India and has been helping people to understand the stock market since its inception.

It is a highly professional and ethical firm that offers a wide array of services tailored to suit the needs of retail investors.

The company is known for its customer service commitment, helping customers to focus on what they are best at, which is essentially trading stocks or options on the stock market.

One cannot deny that this brokerage firm has done wonders for the Indian stock market and has contributed immensely towards spreading awareness about investments among a large number of people in India who otherwise would have never had access to financial instruments or derivative products before Sensibull came along and offered its services.

I hope you liked our article on Sensibull Review , if you have any comments or suggestions do share them in the comments below