How to Buy Shares in IIFL App?

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Buying and selling shares in IIFL is very easy and requires a few steps. Before answering how to buy shares in the IIFL App it is important to understand the IIFL first!

If you are an active trader or investor you might already be aware of IIFL. If not, then let us give you a short brief about the same. 

IIFL or India Infoline is a full-service stockbroker incorporated in 1995 and offers its services in various trading and investment segments such as equity, derivatives, mutual funds, IPO, fixed deposits, currency, commodity etc.

Once you open an IIFL Free Demat account, you can have the leverage to use their trading platforms – Trader Terminal (desktop app) and IIFL Markets App (mobile app).

Find more on how to use IIFL Market app here.

IIFL has been working with India’s top regulator – SEBI (Securities and Exchange Board of India) who controls securities and commodities in India.

IIFL offers its users to avail stocks or shares listed by the authorized exchanges of India as IIFL Exchanges such as:

  1. Multi Commodity Exchange (MCX)
  2. National Commodity and Derivatives Exchange (NCDEX)
  3. National Stock Exchange (NSE)
  4. Bombay Stock Exchange (BSE

Hence, trading with IIFL is really safe and secure.

How to buy and sell shares in IIFL?

IIFL Markets App has dynamic features and robust design. Designed with cutting-edge technology, it allows traders and investors to put their money in the real stock market without any hassle.

A user can instantly buy or sell shares and stocks and perform extensive tasks with this pocket-friendly app that can be downloaded on an Android or iOS mobile application.

Once you have downloaded the IIFL app, you will be required to login with your unique client/user ID and password.

After logging in, you can have access to multiple features of IIFL Markets App such as:

  • Trade in equity and derivative (futures and option) segment
  • Easily track your holdings 
  • Avail free stock market news and information 
  • Monitor movement of stocks in the real-time
  • View stocks related details via different chart patterns
  • Quickly check order status 
  • Add, modify, or cancel orders instantly, and much more!

Also Read: How to Buy Shares?

Ways to buy shares in IIFL App

It allows a trader or investor to How to do Intraday Trading in IIFL by buying or selling stocks/shares across various IIFL products in a plethora of ways. These ways are extremely simple and quick.

Trade through IIFL Watchlist:

In the IIFL Markets App, there is a tab in the center of the app named “Watchlist” from where you can instantly buy shares. Once you have found your desired script, simply swipe to the left of the screen on your handset and choose the Buy option from the “Buy/Sell button”.

Besides this, selecting a specific script in the Watchlist will open a new screen from where you can click on the Buy option.

Trade through IIFL Dashboard:

In the IIFL Markets App, the first tab where you can view different types of information in a single screen about top gainers and losers along with news at the bottom of the page, this section is called Dashboard.

Here, you can buy the particular stock by selecting from the Sensex, nifty, Banknifty, USD/INR, and gold. On selecting you could see a number of scripts from different parties. Then you can choose one and select on the buy button.

Trade through IIFL Search:

Further, you can also search for a particular script by using the “search” button.

Here, all you need to do is enter the kind of script or party that you are interested in. You can choose one from Equity, Currency, and Derivatives in cash, future, or options trading. 

Once you have selected the desired script, a new screen will appear where you can perform the further process such as determining the quantity, setting the limit price, and disclosed price.

Even, you can choose the type of trading that you want to do- Intraday trading or Delivery trading

Further, you can choose the validity, whether it should be a particular day or IOC (Immediate or cancel). 

After entering all the details, you can select the buy button on the top right side of the screen. Then you will receive an order confirmation screen and then select place order. 

This same process can be followed for commodities, derivatives, and other segments too. 

Trade through IIFL Ideas:

You will be surprised to know that IIFL shares some script ideas for the investors and traders to buy them. These ideas are shared after extensive research and as per the situation of the real market.

In the IIFL Markets app, select the more button. Here, click on Ideas or IIFL ideas and you can view several scripts in which you can trade.

Once you click on that particular script, you can select the buy button on the corner right side of each. 

Here you will be required to specify the quantity and trading type – whether you want Intraday or Delivery.

If opting for delivery then choose the right Delivery Trading Strategy and enjoy the investing.

Once you have bought the shares and want to sell them. Don’t worry, here know about How to sell Delivery Shares in IIFL.

Also, in case you forgot to place an order for securities in market hours, with IIFL AMO you can reap the benefit at your convenience in IIFL App and have the benefit of trading.

Closing Thoughts

From the aforementioned steps and ways, you can clearly get an idea of How to buy shares in the IIFL app, and once you have this information you can easily trade in the IIFL Markets app and create wealth.

There are several ways of buying shares in the IIFL app and you can quickly trade by choosing the right IIFL product. With a single swipe towards the left side of the mobile screen, you can buy shares in the Watchlist. 

In the ideas section, IIFL gives suggestions to the traders and investors as per the current market situation. In this section, you are only required to click on the Buy button on the right side.

Well, that is pretty much it as far as the understanding on how to buy shares in IIFL app. In case you are looking to open your demat account with this broker, just fill in the form below and we will get you started:

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