With the advent of the Stock Market, people got a chance to make profits with their savings. In earlier times, trading was carried out with the help of stockbrokers. Investors and traders had to get in touch with them via a letter, telephone, and telegram. They would also have to visit and inform them in person for the shares they wanted to buy and sell. Based on the requirements from the investors and traders, the stockbrokers would proceed further for trade settlement. The process of receiving the Stock Trading app the shares after buying or the money after selling would be 14 days.
This long and tedious process was simplified with the help of the Internet.
The Internet helped all the shares to be stored and traded electronically. It reduced the settlement period for stocks and other securities.
As mobile phones were introduced, trading was revolutionized once again. It gave the power of investing in the hands of everyday traders.
Now there is no necessity to visit a stockbroker for everything required in trading like before. All you need is a Stock Trading app and you are good to go. In simple words, everything is now available at the tip of your fingers.
IIFL Securities is among the leading stockbrokers in India who provide a Stock Trading app called the IIFL Markets app. It’s a great mobile app that you can use to trade in the Stock Market.
Here are a few features of the IIFL Markets app –
- 2-1 Account
IIFL Securities provides a 2 in 1 account facility. This means that it provides a Demat account to store securities and a Trading account to trade in securities. You can easily open these accounts and carry out trades using the IIFL Securities Mobile App.
- Secured Log-in Feature
The IIFL Markets app has a secured log-in interface. It has an easy-to-use Mpin feature that you can use to log in securely. This ensures that only you can access your app and no one else can make changes to your portfolio in your absence.
- Live Price Updates
The Stock trading appby IIFL Securities provides live information about the prices of various securities like Equity, Currency, and Commodities. With the real-time price updates, you can decide on any security to trade in at that moment or save it for later.
- Notifications
You can set price alerts for your favorite stocks. You will get a notification when the specific stock touches the price point. These help you make better trades based on your price preference.
- Knowledge Center
The IIFL Markets app provides a great knowledge center. IIFL Securities has an award-winning research team that provides in-depth knowledge on companies, stocks, and the overall financial market. You will also get charts and financial reports for better understanding.
- Personalized Services
IIFL Securities provides personalized services through its Stock trading app. They help you with portfolio management, giving you trading tips. They have a specialized service called “IIFL Ideas” which gives you trading ideas. Based on your portfolio and risk possibilities, it provides suggestions. This helps in managing your portfolio and diversifying so that you can gain maximum returns on your investments.
The Takeaway
The IIFL Markets app is also among the top-rated Stock trading apps in India. If you plan on investing in the Stock Market, then the IIFL Market app will be the right choice for you. They provide you a single platform to help you learn how to trade efficiently and carry out trades successfully. This app is available on Apple App Store and Google Play store too.
