Sensibull Review 2022: Is Sensibull safe or a scam?

Sensibull is an options trading platform. Abid Hassan and Abhimanyu founded the platform in India in 2017. Options trading is a good way of investing in financial markets.

Traders prefer the trading style to invest in the future. Although, it is complex for beginners. To help such traders, Sensibull offers its options trading platform. They can open their account and trade in to have high profits.

To understand the platform better, we have the Sensibull review. It gives a brief analysis of the platform to make trading successful.

What is Sensibull?

Sensibull is an options trading startup. It is a modern company that promises to make options trading easier for its clients. Traders can enjoy various suggestions and strategies over the platform to invest.

Besides, traders can have a lot more information about trading. For example, they can know the strike price, potential profit and loss, and trade risks. Traders can even compare various options strategies to trade with the right one.

The Indian trading platform has more than 5 lakh, monthly users. Also, it partners with the largest brokers in India.

Trade with Sensibull

Sensibull suggests traders on their market experience, which strategy is good for them to invest in. In addition, it makes trading for clients much more accessible with its advanced technology.

Traders can invest with three significant trade right opportunities available at Sensibull:

• Options
• Futures
• Equity

With the Sensibull options trading platform, investors can have three versions. The versions are free, lite and pro. Every version has its advantages for traders, and they can choose the one that supports their investment.

Sensibull Free

Sensibull free is the basic version for traders to trade. It offers clients the following features:

• Basic option chain
• Basic events calendar
• Sensibull Lite

Sensibull lite is an advanced version with a range of features. The introductory offer of Sensibull costs 800 per month. Traders can enjoy the following benefits with lite:

• Compare options
• Multi Leg strategy generator
• Basket orders
• Enhanced option chain
• Options central
• Event Calendar
• Buy sell data
• Black scholes analyser
• Real-time profit and loss
• Greeks of your strategies and positions
• Track upto ten lots of sold options positions at a time

Besides these services, Sensibull lite will add more features like a heat map, paper trading and customer watchlist.

Also Read: Livepeer price predictions

Sensibull Pro

Sensibull pro is a plan that an options trading platform offers to clients. It costs 1300 rupees per month with the most advanced services.

The pro tools have extraordinary features that help traders with the best trading experience.

The benefits of Sensibull Pro are:

• All lite features
• Custom strategy builder
• Analyse your trades and positions
• Track upto 30 lots of sold options positions at a time

Moreover, it will introduce next-level services like my strategies, powerful statistical tools and currency options.

How does Sensibull Works?

Sensibull is an easy-to-use trading platform. Traders can use options trading with a simple account opening. In addition, they can register and have trading accounts to invest in. Or traders have the facility to trade through partnered brokers or google accounts.

The partner brokers of Sensibull are:

• Zerodha
• Upstox
• Angel One
• ICICI Direct
• 5Paisa
• IIFL
• Alice Blue

After access, traders can enter the details and invest in options. For example, you think that market will go up by 500 points in the coming week. But you are not sure how to instrument your bullish strategy.

In this case, Sensibull makes it easy for you. With its SEBI registered research analysts team.

Traders must enter their market view and click the Go button. Then, the options platform automatically provides you with strategies on the basis of the data and your market view.

The trader's view includes data such as the maximum profit/loss, return on investment and break-even points for each strategy. Also, it will show the events that may impact the strategy at that time.

The results will be shown to the traders to analyse and take action.

The details that traders have to provide to have the strategies are:

Stock name: Traders must enter the stock name or index on which they will be trading.

View: Traders have to enter their view on the stock. There are five options available traders can choose any that they find suitable.

Target: Traders have to set the target for the stock or index they want to trade.

Target Date: The date traders think it will hit the market is the target date traders have to set.

Conclusion

Sensibull is a good options trading platform for Indian traders. They can invest in the market with the suggestions of the research experts. Traders can use the platform best with correct data and knowledge.

It makes options trading much easier with advanced tools and facilities. However, it is a software, and traders must use their market skills to trade and achieve the desired results.