The technology associated with the stock markets has developed a lot in recent years and you can now trade from the comfort of your home without visiting the premises of your stock broker. Earlier, most traders went to the office of the broker to complete the transaction or placed orders over the phone. However, with the internet rapidly penetrating into every corner of the country, it is now possible to place your orders from your computer. Not only that, you can also use your smartphone to place trading orders from any location. In this way, you will also be updated about the market conditions on a regular basis.
Salient features of mobile trading APP
When you are dealing with the best mobile trading APP in India, you need not worry about anything as every detail about the market is updated on this software. In this way, you can buy and sell stocks and commodity contracts of your choice from any location of your choice. Most discount brokers offer this option for traders and you can take advantage of this technology. You will also be glad to know that such discount brokers charge very less brokerage when compared to other brokers in the market.
The mobile app can be used on any smartphone and you can download the app into your phone from the link given by the service provider. After this, you can input your favorite stocks and monitor the price movements without any hassles. You can even set alerts for the price movements and the app will inform you whenever such alerts are triggered in the markets. Many service providers also offer charts in these apps and this will allow you to see the graphical view of price movements. There are no additional charges for using this facility and you can conveniently use this from any place. Alternately, you can also call the service providers whenever you face any issue and this means that there is no need to worry about anything while using the app for your trades.
Is it good for retail trader or bulk trader?
The mobile trading app is much useful to the traders in many ways. Those who want to trade on own can go for the online trading where with the help of an app they can trade not only while sitting in the office but also when they are moving or travelling. The only thing is one needs to have command on the system and also get app on a smartphone with high speed internet connectivity. One needs to know how to set orders as well as limits and check account position.
Many traders use this app while they are travelling or when they do not want to use the computer for executing trades at the office. This also offers privacy while trading and you can easily use this app without disturbing other active tabs on your smartphone. Most of the apps do not consume a large amount of space and they can work with decent internet speed without any hassles.
