Is Opstra app safe?
- Asked By
- Updated On:27-May-2021
- Replies:3
Short Answer
Opstra Definedge is an online platform that provides various analysis tools for Derivatives traders. Opstra offers two types of subscription plans. The FREE plan is free to use and does not include all the features. The PRO plan is a paid plan that includes all the analysis tools and other features provided by the platform. You can choose a plan according to your needs.
Detailed Answer
What is Opstra?
Opstra is an online platform that provides various tools for options and derivatives traders. Opstra has many features in its platform that help traders to find out opportunities on any underlying asset and make use of that opportunity to generate Alpha or profits.
Is Opstra Definedge Safe?
In short yes, one can trust Opstra for the authenticity of the data and other features. Some factors that can confirm the safety of this platform:
- Real-time Data - Opstra Definedge provides all the data in Real-time in its Pro plan, the Free plan has a time delay of 15 minutes. Therefore one should keep in mind while using the Free plan. The live data is only provided to the Pro plan users.
- SEBI Registered- Opstra Definedge is a SEBI (Securities Exchange Board Of India) registered investment advisor who provides services to the traders. They are also a licensed vendor of the NSE (National Stock Exchange) and MCX (Multi Commodity Exchange).
- Safety of Payments- Paying is another concern when it comes to online purchases. Opstra provides a secure gateway for the payment of its Subscription Fee for its plans. All the process is done online hence if there are any shortfalls it can be traced to the point easily. All the payments are end-to-end encrypted so that the user's information stays confidential.
With all these being said, one can stay assured that Opstra Definedge is a genuine platform that provides innovative and simple tools for the benefit of options traders. Being a SEBI registered platform, the question of running away with your money stays out of the picture. Opstra also provides data API which helps you to link your broker through Opstra. This ensures transparency and security from your broker as well.
Still, if you face any problem then there are helpline numbers and support email IDs provided on the website. The helpline numbers are +91-9764-800-700
+91-7276-010-270, and the contact email: info@definedge.com.
You can contact these numbers in case they face any difficulties.
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Discussion (2)
Opstra Designedge is quite a safe platform considering the level of encryption of multiple login authentications it offers. Also, it has a robust security system protecting your trades and the transactions you conduct on the stock market.
In this current day and age, options trading has become the new cool thing that everyone wants to try. There are many option trading platforms out there that provide various Option trading tools. Sensibull and Opstra Definege are 2 of the most prominent names in the industry.
Both of them provide all the necessary tools like OI (Open Interest) Charts, PCR (Put-call Ratio), IV (Implied Volatility) chart, etc. But the main question lies, which one of them is a better platform for Options trading. Let's find the answer to that question.
Sensibull and Opstra, which is better depends largely on your trading needs: Sensibull is better suited if you want a simpler, more beginner-friendly tool with good strategy building, educational content, and moderate cost. Opstra is better for experienced or professional option traders who need granular analytics, backtesting, intraday data, volatility surface/skew, and want tools that can handle complex strategies.
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Rishika Agarwal
Opstra Definedge is a platform for both options and derivatives trading. It is quite safe and offers various functions to it both free and paid users. It has level of encryption and gives various authentication options for safe trades and services.