Table of Contents
Introduction:
Neostox is India’s first actual-time buying and selling platform with digital cash to revel in staying buying and selling in equities, alternatives, futures, and commodities. Neostox is the most effective platform that gives actual buying and selling revel in stocks, alternatives, futures, and commodities, with digital cash The middle concept of Neostox is to assist tens of thousands and thousands of buyers who’ve excellent techniques, super analytical talents and require a platform wherein they could take a look at with digital cash, earlier than going stay.
The practice could be very critical in inventory buying and selling. All individuals who are dropping cash in inventory buying and selling need to be capable of exercise. To make it clean for individuals who need to return back into mainstream inventory buying and selling. Think Stock Trading, Think Neostox – need to grow to be a synonym for Stock Trading through providing research, exercise, examination, and exchange.
- To assist buyers to flow from gut-primarily based totally buying and selling to statistics-driven & analytics-primarily based totally buying and selling.
- To provide a fine evaluation of the marketplace.
- To grow to be the biggest aggregator in Stock Trading Market.
About Neostox:
Neostox is the first AI-Enabled Platform to Learn, Practice and Trade with Virtual Money in a Live Stock Market. The middle concept of Neostox is to assist tens of thousands and thousands of buyers in research and devising private buying and selling techniques after which pass directly to exercise and test with equal techniques with stay marketplace statistics in actual time with digital cash. The platform additionally gives Analytics to assist buyers make excellent tactical and strategic choices earlier than absolutely buying and selling with actual cash.
The flagship made from Neostox FinTech, Neostox.com has been conceptualized, crafted, and evolved through veteran buyers having 15+ years of revel in global inventory/derivatives buying and selling. Also, in numerous studies analysts have participated withinside the improvement of functions to assist inventory buyers to exchange faster, extra efficaciously, and earn better earnings thru an awful lot of progressed fulfillment ratios.
Anybody can create an account without spending a dime and get digital coins of INR 10 Lacs credited right away to that account. Neostox makes use of stay statistics feed from NSE and is to be had for the duration of the marketplace hours. One can purchase or promote all the indices, equities, futures and alternatives to be had in NSE on Neostox. Orders, as soon as placed, are carried out without a doubt consistent with the jogging expenses withinside the marketplace and the equal may be considered much like actual buying and selling platforms. Virtual cash is continual to be had for topping up in one’s account whenever the person wants.
Neostox Founder & Team:
Rajesh Dua is the Co-Founder and CEO of Neostox Fintech. Neostox Fintech is positioned in Wilmington, Delaware, United States. Designated Partners of Neostox Fintech Llp are Rajesh Dua, Sudhir Singh, and Rajiv Sharma.
Neostox History:
Neostox, a start-up that changed into officially released much less than 12 months in the past in October 2020, has already visible registrations in extra of 1. seventy-five lakh with extra than 60% of the registered people buying and selling actively. The traction has most effectively extended withinside the latest beyond with the assignment registering hundreds of recent purchaser additions on a day-by-day basis.
Incidentally, the order web page at the simulation platform resembles that of any dealer company. One can install a marketplace or restrict orders, encompass a forestall loss and additionally pick among intra-day or shipping options. The platform additionally gives buying and selling facilities in fairness derivatives in which the order web page presentations the lot length fee and the margin requirement in conjunction with some different parameters. There also are gear to examine developments withinside the derivatives and coins segments at the same time as additionally providing some unique gear for strategy-primarily based totally buying and selling in futures and alternatives.
Users also can view their energetic positions, pending orders, and the day’s records as properly with every order showing info concerning rate, quantity, goal, and forestall loss rate, if any, in conjunction with the unrealized earnings or loss and the relevant fees/taxes. Meanwhile, the assignment is making plans to quickly release its Version 2. zero of the platform, on the way to providing extra functions such as a back-checking out mechanism and superior analytics.
Neostox Name & Logo:
Neostox Revenue:
Neostox Fintech Llp is a Limited Liability Partnership company included on sixteen October 2020. It is registered at the Registrar of Companies, Delhi. Its overall responsibility of contribution is Rs. 100,000.
Neostox Funding & Investors:
There aren’t any statistics on it.
Neostox Revenue Model:
Simply put, a man or woman can exchange withinside the inventory marketplace, that is stay in phrases of inventory rate movements, indices, and purchase/promote transactions, however, there may be no worry of dropping actual cash. “It is a simulation platform and similar to any excellent simulator, it replicates the actual marketplace on an actual-time basis,” stated Rajesh Dua, one of the 3 co-founders of Neostox.
“There are tens of thousands and thousands of humans withinside the united states who need to exchange however are fearful of the losses or simply don’t recognize the way to exchange. Our platform is aimed in any respect such individuals who can come, exercise, benefit self-belief after which exchange withinside the marketplace with actual cash,” delivered Dua. It all began whilst the co-founders had been seeking out a simulation platform for themselves however couldn’t discover any. Nearly 3 years went into growing the primary model of the platform, which changed into officially released in October remaining 12 months.
“It changed into a massive getting to know exercising for us in addition to we desired to duplicate the actual marketplace otherwise the platform could have been futile. Trading on Neostox is precisely like buying and selling withinside the actual marketplace. The feed is actual-time from NSE. We even levy prices like brokerage, change charge and taxes and many others in all of the transactions in order that the person is aware of the overheads of the actual marketplace,” stated Dua.
Services Offered via Neostox:
One can purchase or promote all the indices, equities, futures and alternatives to be had in NSE on Neostox. Orders, as soon as placed, are carried out without a doubt consistent with the jogging expenses withinside the marketplace and the equal may be considered much like actual buying and selling platforms.
Neostox Awards & Recognition:
No award has been presented to Neostox yet.
Neostox Competitors:
neostox.com’s pinnacle five competitions in May 2022 are nseindia.com, tradingview.com, chartink.com, and flyers. in, and extra.
Neostox Latest News:
Neostox Fintech Llp’s remaining monetary 12 months give an update for which Statement of Accounts and Solvency had been filed is N/A and according to information from Ministry of Corporate Affairs (MCA), date of remaining monetary 12 months give an update for which Annual Return had been filed is N/A.
Neostox Future Plans:
So, Neostox has frequently focussed on the buyers who’re new to the marketplace or who need to test their techniques within the stay marketplace without risking cash. Here you could examine index rate movement, F&O statistics, and equities rate adjustments withinside the stay marketplace. As a result, after evaluation, you could take a function, tune your function and go out whenever you wish. Total earnings and losses will display on your dashboard.
FAQs about Neostox:
Is Neostox unfastened to apply?
Yes, Neostox is honestly unfastened to apply and exercise.
What kind of orders are to be had?
Market Orders, Limit Orders, and forestall-restrict orders are to be had. You can locate Intraday and ordinary orders. All intraday orders are mechanically squared off on the give-up of the day.
Is this 100% digital cash?
Yes. You get INR 10 Lacs digital cash at the time of registration and you could pinnacle up any time.
Is statistics feed actual?
Yes, the statistics feed is actual.
Can we do actual buying and selling in Neostox?
Neostox gives a simulation platform wherein humans can exchange actual expenses however with digital cash.
How do you calculate the margin required for putting an order?
To provide you with actual-time revel, we use the real calculation to reveal to you the margin required for putting purchases and promoting orders. The platform will warn you in case you do not have the specified margin to locate an order.
What reviews are to be had for evaluation?
Dashboard, Account precis of modern-day and remaining 30 days, a day-smart precis of remaining a hundred and eighty days in conjunction with designated file downloadable in excel format.
Can I set forestall loss and goal on my orders?
Yes, you could set forestall loss and goal expenses easily. You can set the goal or forestall loss each as a percent and a set number.
Is the Neostox app to be had in India?
Now we’ve got a brand new digital buying and selling platform. This is the primary actual-time buying and selling platform in India.
How an awful lot of digital cash to be had?
You can pinnacle as much as Rs. 1 crore as typically as you need.
What all units can I exchange?
All equities, futures, alternatives, and commodities are to be had for buying and selling.
Conclusion:
The reputation of the platform may be gauged from the reality that it registers a mean of extra than 4 lakh transactions each day with almost 1/2 of these coming from those Neostox who are new to the inventory marketplace. Further, it has customers registered from throughout the united states even though towns like Mumbai, Pune, Hyderabad, Chennai, Bengaluru, and Nashik amongst others account for the majority of the registered customers.
