What are some of the best stock market apps for Indian investors in 2022?
In 2022, you have several options for stock market apps to invest in the stock market and choosing one may seem tough. The primary purpose of these stock market apps was to make investing convenient for retail investors. However, you need to open a Demat account with a stockbroker to use the stock market app they offer. In addition, you may have to pay an account opening fee to open a Demat account. So before opening a Demat account, you need to research different stock market apps and check how they simplify investing.
Firstly, to have a simplified, seamless experience, you should not have trouble using and understanding the app. So you could look up pictures of the app’s user inference to see whether you like the user interface. You should also check whether you can view live market updates on your app. The feature of adding stocks to a watchlist and setting stock alerts makes tracking multiple stocks simple and easy. Easy access to your portfolio helps in portfolio planning and management.
Access to the price charts and various technical indicators within the app helps to analyse various trading opportunities.
You might also want to see whether you can trade in other segments like commodities and currency besides equity. Some stockbrokers like IIFL Securities also make research reports on different stocks available through their app. Your app should also let you easily apply for upcoming IPOs. You can consider opening a Demat account with IIFL Securities, as they offer it for free and download the IIFL Markets App to start trading.