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Sensibull foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://sensibull.com/, about the company's legal and temporary regulatory information, the company's address .

Sensibull Forex Broker

Basic Information

Registered Region

India

Operating Period

Company Name

Sensibull

Abbreviation

Sensibull

Company employee

Customer Service Email Address

help@sensibull.com

Company Website

https://sensibull.com/

Facebook

https://www.facebook.com/Sensibull/

https://twitter.com/besensibull

https://www.linkedin.com/company/sensibull/

Keywords

5-10 years

Suspicious Regulatory License

Global Business

High potential risk

Company profile

Sensibull Review Summary Founded 2017 Registered Country/Region India Regulation No Regulation Market Instruments Options Virtual Portfolios Available Partner Brokers Zerodha, ICICI Direct, Angel One, 5paisa, Upstox, IIFL Customer Support Email: help@sensibull.com Twitter: https://twitter.com/besensibullFacebook: https://www.facebook.com/Sensibull/YouTube: https://www.youtube.com/besensibullLinkedin: https://www.linkedin.com/company/sensibull/ What is Sensibull？ Sensibull is an unregulated Indian platform specifically designed for options trading, targeting retail investors. It boasts a user-friendly interface and an array of features, including a diverse selection of options instruments, advanced strategy builders for crafting custom strategies, and comprehensive analysis tools to dissect trades, positions, and market data. Additionally, it provides various tools like strategy builders and analysis to assist users in navigating the options market. Pros & Cons Pros Cons Advanced tools and features No regulation Integration with partner brokers Limited account options Educational resources Pros: Advanced tools and features: Provides strategy builders, analysis tools, and virtual portfolios for informed decision-making and risk-free experimentation. Integration with partner brokers: Can be accessed through various established Indian brokers, offering convenience. Educational resources: Sensibull provides a wealth of educational resources through its video library, offering valuable insights for traders of all levels. Cons: No regulation: The lack of valid regulation raises significant safety and trust concerns, as regulatory oversight is crucial for ensuring customer protection and platform transparency. There are also reports of being unable to withdraw and scams, adding to the cons of the platform. Limited account options: Only offers two account options (Pro and Free) with varying feature sets. Is Sensibull Safe or Scam？ Sensibull currently lacks valid regulation, which raises significant concerns about its safety and legitimacy. Regulatory oversight is crucial for ensuring that a financial services provider operates within established standards and adheres to specific rules and requirements designed to protect investors and clients. Without proper regulation, there is an increased risk of fraudulent activities, scams, and inadequate consumer protection. Market Instruments Sensibull distinguishes itself as a premier platform dedicated to the facilitation of options trading. With a robust and user-friendly interface, Sensibull empowers traders by offering a diverse array of options as the primary trading instrument. This comprehensive platform not only provides access to a wide range of options but also equips users with advanced tools and analytics to navigate the dynamic options market effectively. Account Types Sensibull provides two account options: Pro and Free. Pro Account (₹27/Day, ₹800/Month):Unlock the full potential of Sensibull with our Pro account. For just ₹27 per day or ₹800 per month, you gain exclusive access to advanced features and premium tools designed to elevate your trading experience. Free Account:Explore Sensibull at no cost with our Free account. While it comes with basic features, it's a great way to get started and familiarize yourself with our platform. Trade Options Pro Free Custom Strategy Builder √ Analyse Trades & Positions √ Virtual Portfolios √ Strategy Wizard √ Easy options √ Basket Orders √ √ Analysis Tools Advanced Option Chain √ Open Interest Charts √ Technical Signals √ Stocks Data √ √ FII DII Data √ IV Chart √ Live Options Charts √ Multi Straddle-Strangle Charts √ Basic Option Chain √ √ Options Screener √ Options Price Calculator √ √ Others WhatsApp Alerts √ √ Events Calendar √ √ Watchlist √ √ How to Open an Account？ Steps: Click the button ''Login'' on the homepage. You can log in to Sensibull using any of the partner brokers. If you don't have a broker account, you can sign in with Google. Follow the on-screen instructions to input your personal and contact details. Read and agree to the Terms and Conditions and any other policy as required. Partner Brokers Sensibull partners with several well-known brokers in India. Zerodha: One of the leading discount brokers in India, known for its low-cost trading and user-friendly platform. ICICI Direct: A full-service broker offering a wide range of investment products and services, including options trading. Angel One: Another leading retail broker known for its innovative platform and research services. 5paisa: A discount broker offering low brokerage charges and a convenient online trading platform. Upstox: A rapidly growing discount broker known for its user-friendly mobile app and low brokerage fees. IIFL: A diversified financial services company offering a variety of products, including brokerage services for options trading. Trading Tools Essential Tools: Strategy Builder: This powerful tool allows you to design and customize options strategies tailored to your specific market views and risk tolerance. Option Chain Analysis: Gain a comprehensive overview of available options contracts for an underlying asset, including strike prices, expiry dates, premiums, and Greeks (delta, theta, gamma, vega), enabling informed option selection. Virtual Portfolios: Simulate real-world options trading without risking actual capital. This allows you to test your strategies, understand potential outcomes, and refine your approach before deploying your funds. Advanced Tools: Open Interest Analysis: Visualize the cumulative number of outstanding options contracts for different strike prices and expiry dates, providing insights into market sentiment and potential trading opportunities. Multi Straddle/Strangle Charts: Overlay multiple straddle and strangle strategies on a single chart, allowing for a quick comparison of potential risk-return profiles and identification of volatility-related trading opportunities. FII/DII Data (India specific): Track the activity of Foreign Institutional Investors (FIIs) and Domestic Institutional Investors (DIIs) in the Indian stock market, providing valuable insights into institutional sentiment and potential market movements. Options Screener: Filter and search for specific options contracts based on various criteria, such as strike price, expiry date, delta, and premium, allowing for efficient options selection aligned with your trading goals. Customer Service Sensibull provides a comprehensive and accessible customer support network. Their support team can be reached through different channels for ultimate convenience. Email:help@sensibull.com Social media: Twitter: https://twitter.com/besensibull Facebook: https://www.facebook.com/Sensibull/ YouTube: https://www.youtube.com/besensibull Linkedin: https://www.linkedin.com/company/sensibull/ Education Sensibull provides a wealth of educational resources through its video library, offering valuable insights for traders of all levels. The educational content covers a range of topics, including Sensibull Tutorials & Demos for a hands-on understanding of the platform, Option Trading Video Playlists for in-depth exploration of various strategies, and Recommended Videos to stay informed about market trends. Additionally, Sensibull offers Options Trading Workshops, providing a structured learning environment for traders to enhance their knowledge and skills. These resources empower users to make informed decisions and navigate the complexities of option trading with confidence. Conclusion In conclusion, Sensibull emerges as a promising platform offering a range of tools and resources tailored for options traders. Its advanced features empower users to make informed decisions and experiment with strategies risk-free. Integration with reputable Indian brokers enhances accessibility, while a wealth of educational resources, from tutorials to workshops, caters to traders of all levels. However, the lack of regulatory oversight raises significant safety concerns. Frequently Asked Questions (FAQs) Q 1: Is Sensibull regulated？ A 1: No. It has been verified that this broker currently has no valid regulation. Q 2: Can I practice trading without real money on Sensibull？ A 2: Yes, Sensibull offers Virtual Portfolios. Q 3: What financial instruments can I trade with Sensibull？ A 3: Options. Q 4: Are there any fees for funding my Sensibull trading account？ A 4: Sensibull provides two account options: Pro (₹27/Day, ₹800/Month) and Free. Risk Warning Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

Sensibull broker review

Is Sensibull safe or scam

Rating Index

How to login to Sensibull?

Sensibull Complete Account Guide: Registration, Account Opening, and Login Processes Part One: Account Registration Process How to Register a Sensibull Account Registering for a Sensibull account is the first step toward accessing one of Indias largest options trading platforms. Below are the detail

Sensibull Forex Broker - Complete Information Guide

1. Broker Overview

　　Sensibull, officially known as Risk Illa Technologies Pvt. Ltd., was founded in 2017. The company is headquartered in Bangalore, India, and operates as a private entity. Sensibull primarily caters to retail traders in the Indian market, focusing on options trading. Its mission is to make options trading accessible and profitable for small traders by providing a comprehensive suite of tools and resources.

　　Since its inception, Sensibull has achieved significant milestones, including being recognized as India's largest options trading platform. The company received seed funding of INR 2.5 crores from Zerodha, which has allowed it to develop and enhance its offerings effectively. Sensibull operates as an intermediary platform that connects users with various brokerage firms, enabling seamless trading experiences.

　　The business model of Sensibull revolves around providing a user-friendly interface that simplifies options trading through strategy recommendations and execution tools. It aims to empower traders by demystifying complex trading strategies and facilitating informed decision-making.

2. Regulatory and Compliance Information

　　Sensibull operates under the regulatory oversight of the Securities and Exchange Board of India (SEBI). The company's registration number with SEBI is INH200006895, ensuring compliance with the regulations governing investment advisers in India. This regulatory framework is crucial for protecting investors and ensuring the integrity of the trading environment.

　　Sensibull's regulatory license is valid and encompasses a range of services related to options trading. The company adheres to strict guidelines regarding the handling of client data and the execution of trades. Sensibull implements a Know Your Customer (KYC) process and follows Anti-Money Laundering (AML) measures to prevent fraud and ensure the legitimacy of its operations.

　　Client funds are maintained in segregated accounts, providing an additional layer of security for investors. Sensibull does not participate in any investor compensation fund, but it assures users of the safety of their funds through its compliance with SEBI regulations.

3. Trading Products and Services

　　Sensibull specializes in options trading, offering a wide range of currency pairs, including major currencies like USD/INR. The platform also provides access to various Contracts for Difference (CFDs) across different asset classes, including indices, commodities, and stocks. Sensibull is particularly known for its options on major indices such as Nifty 50 and Bank Nifty, catering to both novice and experienced traders.

　　The platform frequently updates its product offerings, ensuring that users have access to the latest trading opportunities in the market. Sensibull's retail trading services are designed to help traders execute complex strategies with ease, while it also provides institutional services to cater to the needs of larger clients.

　　Sensibull does not currently offer white-label solutions or asset management services, focusing instead on enhancing its core offerings in options trading.

4. Trading Platform and Technology

　　Sensibull operates a proprietary trading platform that is designed to facilitate options trading. The platform does not support MetaTrader 4 or 5, as it is built specifically for options trading. Users can access the platform via a web-based interface that is intuitive and user-friendly.

　　The platform is also available as a mobile application, compatible with both iOS and Android devices, allowing traders to manage their portfolios and execute trades on the go. Sensibull employs a Market Making execution model, ensuring that trades are executed efficiently.

　　The platform's technical infrastructure is robust, with servers located in strategic locations to enhance performance and minimize latency. Sensibull does not currently offer API access for automated trading, focusing instead on providing a seamless trading experience through its interface.

5. Account Types and Trading Conditions

　　Sensibull offers multiple account types, including a free plan, lite plan, and pro plan. The free plan provides basic features such as access to the options chain and event calendar, making it suitable for beginners. The lite plan is available for INR 800 per month, offering additional features like virtual trading and a strategy wizard. The pro plan, priced at INR 1300 per month, includes advanced tools such as a custom strategy builder and real-time profit and loss analysis.

　　Traders can enjoy flexible leverage ratios, with varying limits depending on the asset class. The minimum trading lot size is set according to the specific options being traded, and overnight fees are applicable based on the broker's policies.

6. Fund Management

　　Sensibull supports various deposit methods, including bank transfers, credit cards, and e-wallets. The minimum deposit requirement varies by account type, with the free account requiring no initial deposit. Deposits are processed within a few hours, ensuring that traders can quickly access their funds.

　　While Sensibull does not charge deposit fees, withdrawal methods are subject to the policies of the partnered brokers. Withdrawal processing times typically range from 1 to 3 business days, depending on the method used. Sensibull maintains transparency regarding withdrawal fees, which are determined by the individual broker's fees.

7. Customer Support and Educational Resources

　　Sensibull offers customer support through various channels, including email, live chat, and social media. The support team is available during business hours and provides assistance in multiple languages, catering to a diverse user base.

　　The platform also emphasizes education, providing a wealth of resources for traders. These include webinars, tutorials, and market analysis services. Sensibull's educational content is designed to help users develop their trading skills and understand the complexities of options trading.

8. Regional Coverage and Restrictions

　　Sensibull primarily serves the Indian market, with a focus on retail traders looking to engage in options trading. The platform has a presence in major cities across India, ensuring that traders have access to its services nationwide.

　　However, Sensibull does not accept clients from certain countries due to regulatory restrictions. Users are encouraged to check the platform's terms and conditions for specific details regarding region-specific limitations.

　　In conclusion, Sensibull stands out as a leading options trading platform in India, offering a range of features and tools tailored to meet the needs of both novice and experienced traders. With its regulatory compliance and commitment to user education, Sensibull aims to empower traders to navigate the complexities of the options market effectively.