The mobile has become an integral part of our lives. While most of us now access office mail, edit documents and spreadsheets via our phones, trading is still preferred via desktop platforms. Also, not many mobile apps are as easy as their desktop versions. However, there are a few players that have gone big on mobile trading platforms and made it convenient to trade via small screens. For those who already have trading accounts with banks, some of these apps also provide market watch options with facilities like creating a watchlist, accessing reports and setting price alerts. So, here are a few apps that you can use for Muhurat trading or stock tracking. And in case, you have missed registering for one of these accounts this Diwali, you can surely aim for the next.
If you are a tech-savvy trader, IIFL is the platform to go for. The registration is simple and one-time password based—all one has to do is enter their mobile phone number. Access to the app is easy, one just has to swipe on the ticker to buy or sell using the app. While it is difficult and slow to load due to its sheer size, IIFL provides everything from report access to Live TV all on the app. Moreover, one of the best features of the app is the mobile ticker, which throws up news and stock prices right at the home screen. The app also provides for an option to register for stock price notification, where one can set an alert whenever the preferred stock goes beyond or below a certain level. This option is free for users, which makes it the best app for those using it as a watchlist. While IIFL platform requires some getting used to, it is worth the effort.
If speed is what matters to you and fast execution is what you want, then NSEMobile is the app to go for. The simplest platform amongst the group, one can register with NSE to do plain vanilla trading, buy derivatives , futures, access offer for sales. The app only operates as a live ticker and does not provide for any report or news features like other platforms, but it covers for that in the charts which are neat and easy to use to track stock movement. Being the simplest platform amongst its competitors it is easiest to get attuned to the app. For those using the app to access market data, there might be some disappointment as all that the app can do is allow you to create your own watchlist.
If you have attuned yourself to a desktop version and do not wish to switch to mobile, ShareMobile is your best option. The platform is much like its desktop version, with tabs for market watch, buy/sell and order book. While trading requires some getting used to on ShareMobile, one would require an account to
access the mobile app. The registration process is simple so that may not be so much of a problem. One of the biggest drawbacks of the app is that it is clunky and one needs to spend a lot of time learning the nitty gritties of trading. But the app offers good access to reports and stock news.
Angel Broking’s app looks more like a 21st century mobile app, unlike ShareMobile. There are enough swipe and tap options on the app to make you smile and it is easier to use than ShareMobile. Moreover, one does not have to go back to the main menu or access the menu option time and again, to access all the features. The app provides for a simple swipe option to search through news, watchlists and trending stocks. The platform is a little slow and takes time to load. Also, one has to click several times to buy and sell on the platform, but Angel covers for it in reports and advisory option which is powered by ARQ. For those using it as a watchlist, Angel has almost everything that one needs to trade in the market.