Fyers Markets Mobile App Review

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Fyers Markets Mobile App

Fyers Markets Mobile App
6.8

Speed or Performance

7.0 /10

Ease of Use

6.5 /10

Analysis Tools

7.0 /10

Data Accuracy

7.0 /10

Reliability

6.5 /10

Pros

  • Decent Performance
  • Wide Technical Analysis Tools
  • Secure

Cons

  • Updated Frequency Cycle can be Improved

Fyers Markets Mobile App Introduction

Fyers is one of those discount stock brokers that has shown decent growth in pretty quick duration since its launch a few years back. One of the most important areas, Fyers has been keenly looking into has been its trading platforms across devices. Fyers offers Fyers One as the terminal based software and is known for high performance.

At the same time, this mobile trading app has, in a very short span, improved quite a bit through user feedback and technology focus from the stockbroker.

In this detailed review, we are going to talk about its mobile app called Fyers Markets in length – talking about its features, positives, and negatives to provide you with a 360-degree view of using the mobile app.

Fyers Markets Mobile App Features

  • As the user logs into the application, the mobile app provides an overview of the current market situation along with the option to roll over towards indices information across specific industries.

  • Access graphical representation of different details within a scrip such as a Put/Call ration, R&S as shown below. With such displays, users save valuable time in making judgments, especially at intra-day level.

  • In order to understand specific stats and data about scrips, the mobile app from Fyers provides an exhaustive level of information with multiple checkpoints.

  • For a quick understanding of the market situation, the app comes with heat maps feature. With heat maps, you don’t need to go through the data feed of specific stocks. Using colour coding (generally Red and Green), heat maps give you a direct idea of which particular stock is growing and which ones have seen a loss in the duration. This is how it looks:

  • For advanced analysis, users can employ various technical indicators as per the requirement and conclude an in-depth understanding of specific scrips or indices.

  • If you are somebody who prefers to perform technical or fundamental analysis through the mobile app, then Fyers Markets offers different types of charting functionalities that can be spread for the last 30 days.

  • For stock market analysis, you can check historical EOD charts for the last 20 years as well as historical intraday charts for the last 9 months.
  • Heatmaps can assist you in quick market analysis and filter specific stocks without wasting much time in going through each and every stock or scrip.
  • Fyers markets mobile app provides you with a provision of multiple watchlists so that you can add specific scrips and investment entities separately and monitor those accordingly.
  • Payment transfer from your bank account to the trading account and vice versa can be done through the mobile app itself using different payment mechanisms.

These are the Google Play Store stats for Fyers Markets mobile app:

 

More on Fyers:

 

Fyers Markets Mobile App Disadvantages

Nonetheless, there are few concerns with this mobile application from the discount stockbroker:

  • As shown in the table above, the update frequency cycle can be improved. Stockbrokers with relatively better focus on technology update their mobile app within 4 weeks, every time.
  • Historical charting not available.
  • The Guest login OTP does not work at times.
  • The app user interface or design can be made more intuitive than its current version.
  • Price alert and notification feature missing.

Fyers Markets Mobile App Advantages

Finally, here are some of the positives if you ahead and start using this mobile app for your trading in the stock market:

  • One of the best apps when it comes to technical analysis through a mobile app in India with screeners, heatmaps, technical indicators and other features.
  • Smooth user experience allows users to perform trading easily.
  • Offers decent performance and speedy order execution. Works fairly well even at low internet connection locations.
  • Highly resourceful when it comes to the data feed and scrip information that keeps updating at regular intervals.
  • Funds transfer with more than 25 prominent banks available.
  • Fyers markets mobile app is known for its multiple security layers and features.

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Photo Credits – www.fyers.com

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