ICICI Direct Trade Racer Review 2021: Key Features, Set-up Process, Benefits & more

ICICI Trade Racer Review: Trade Racer is a trading platform that offers live streaming quotes and research calls, as well as an integrated fund transfer mechanism and different watch lists. Trade Racer provides you the power to uncover market opportunities while enjoying the new appearance and feel of the trading terminal, which is jam-packed with new features.

The trading platform capabilities of ICICI Direct Trade Racer Web have been appreciated. And this post will be devoted to determining the reality behind the compliments.

In this article, we will review the ICICI Trade Racer trading platform and will see its key features, setup process, and benefits. Let’s get started.

About ICICI Direct Trade Racer 

Trade Racer is an ICICI Direct trading software that offers live streaming quotations as well as research calls. Aside from the multiple watch list feature, it also has an integrated fund transfer mechanism.

ICICI Direct is a recognized brand in full-service stockbroking. Because it is the trading arm of ICICI, it has a strong brand. When Trade Racer and ICICI Direct are combined, the ICICI Direct Trading Platform is activated. This ICICI Direct platform is a full-service stock brokerage business with terminal-based trading software. 

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ICICI Trade Racer Review – Key Features

There are new features introduced that make it a suitable platform to trade online. Below are the features that we include in the ICICI Trade Racer Review-

• Real-time scanner: The Real-Time Scanner functionality allows you to scan stocks in real-time. It will also tell you when the scrips are at their lowest and highest points on a daily, weekly, monthly, quarterly, or annual basis.
• Trend scanner: Trade Racer’s Trend Scanner tool analyses intraday price movements to identify stocks that are trending based on technical parameters that have previously been set at a predetermined level. You’ll see that the scanner is accessible at several scrip trend levels, such as Bullish, Bearish, and Pivot.
• Multiple views: After logging in to the terminal, users can choose the display that best suits their needs. Derivatives view, margin view (or the latest logged-in session’s view), and analytical view are the three types of views offered. This feature may prove extremely useful to the user since it allows him or her to determine how they want to begin the trading session at the start of the session.
• Watchlist: Users can also create numerous market watch lists (up to five), each of which may contain up to 20 scrips.
• Heatmap: Another tool is HeatMap, which will show you which stocks have moved up and which have dropped down using green and red colors, accordingly. It also aids in making rapid decisions in critical situations.
• Customization: Users may also alter the user interface style, color coding, and grid structure according to their tastes and requirements.
• Easy access: You may also receive access to equities that are the greatest gainers, losers, or active stocks in terms of volume and value.
• Charting features: Certain charting elements may be utilized for extensive stock research, including the use of a variety of indicators for trading and investing purposes. Some major ones include – simple moving average, time series moving average, weighted moving average.
• SnapView: Another tool called “Snap View” will provide you extensive information on a stock, such as Market Depth, Charts, Peer Group, company announcements, Pivot levels, and so on.
• Special filtering: A full-service stockbroker, such as ICICI Direct, also offers advice on specialized filtering and segmentation, such as top revenue stocks, strong price momentum, top performers, and lucrative companies, among other things.

ICICI Trade Racer Review – How to Set Up?

The following setup should be present on your PC in order to set up the ICICI Direct Trading Platform and begin trading activities:

• Your computer’s operating system should be Windows XP, Windows 7, or Windows 8. (32 or 64 bit).
• At a minimum, Intel Core 2 Duo CPU is required.
• The system’s RAM should be at least 2GB, with the possibility of increasing it to 4GB.
• The screen should have a resolution of 1024×768 pixels.

ICICI Direct Trade Racer has a lot of elements that can help you evaluate and trade. The Trade Racer Desktop App is available for download from the Trade Racer website.

ICICI Direct Software Free Download For PC Instructions –

1. Visit the ICICIdirect website
2. On the main menu, select ‘Services.’
3. Then, go to the ‘Trade Racer’ tab.
4. Scroll down to the bottom of the page and click the ‘Download Trade Racer’ button.
5. Install the application on your computer.
6. To start the application, double-click the Trade Racer icon.
7. Log in with your Login ID and Password.
8. Create a two-factor authentication password and change it.
9. You’ve Successfully logged in and are ready to begin exploring the capabilities of the ICICI Trade racer program.
10. Set up a watchlist and begin trading.

This is how to set up the ICICI Direct Trade Racer Terminal quickly and efficiently.

ICICI Trade Racer Review – Benefits

• This is a sophisticated trading software terminal designed for professionals and traders that want great performance and technical support from their program.
• Multiple widgets or window panels may be customised based on the user’s trading and analytical preferences. A total of nine of these widgets might be put on the same screen.
• The program provides facts on how the stock has been acquired or sold over time to assist the user in making an informed decision about a stock.
• International indices from numerous nations in Europe, the United States, and Asia are provided.
• You may also change the layout of the software by selecting one of three themes.

Closing Thoughts

Before you begin trading using the ICICI Trade Racer Direct Trading Platform, you should carefully consider the software’s advantages and disadvantages. Users have deemed this platform to be a respectable trading app up to this point.

The user may have some difficulty comprehending at first, but with practice, he will grow accustomed to it. Before deciding whether or not to utilise this platform, make sure you have a thorough grasp of it.

That’s it for this post. Let us know what do you think about the ICICI Trade Racer review in the comments section below. You may also read ICICI Direct review to get more insights.