In this world of technologies, trade has become efficient and easy. You can now gain a great trading experience by using the online trading app. IIFL too launched the app, IIFL Markets that helps you in bringing trade at your fingertips.
In this article, we will discuss in detail this popular IIFL app, its features, benefits, and how to use the app efficiently.
IIFL Markets App is a mobile trading app that offers you a great trading experience and provides you with investment ideas that helps you in making the right decision.
There are many more reasons for using this app, the one among those is the user experience. This gets backed-up by the number of features it has to offer as well.
Let’s discuss this app at length and learn how you can use it in the best possible ways while making reasonable returns from your stock market investments.
We will have a look at the different features, benefits, and a few concerns you may have to take care of.
IIFL Markets Review
IIFL Markets mobile app is one of the best performing mobile apps in the country by the veteran full-service stockbroker in the country, IIFL.
The app has been developed in-house by a team of around 50 and has seen multiple updates with new features introduced every time.
This is how the app looks like:
IIFL Markets is one of the topmost rated mobile apps with more than 91% satisfaction score.
It is one of the very few high-performance mobile apps that offer a decent number of features to access to go along with high-speed execution.
The app offers many features like trading tips, technical analysis, and fundamental analysis of the company, which helps you in setting prices for particular stocks and alerting you when such a price is reached.
Also, it gives a complete overview of the P&L, net positions, margin report, and a lot more.
The app is available for both iOS and Android platforms and you can download it easily for free.
Here are some of the top features you will get to access when you use this mobile trading app from the full-service stockbroker:
Access to live prices across Equity, Commodity, and Currency segments with detailed dashboards of different indices.
You can trade and invest across different indices including BSE, NSE, MCX, NCDEX, etc.
IIFL Markets app allows you to invest in IPO, OFS without much of a hassle. Remember the procedure for IPO Vs OFS is completely separate and the ways to invest in these products is also different.
You get control of your order book, net position, Profit and Loss, trade-book, etc, and easily manage your trading account with the broker.
Users can customize watchlists across exchanges with multiple columns, customization options, and resistance levels.
The app has been downloaded by:
1 Million+ Android users
170k iOs users
60k windows users
Being a full-service stockbroker, IIFL Markets provides in-app recommendations on top 500 stocks across sectors, domains, industries by the IIFL research team. To bring some perspective to it, some of the other stockbrokers provide research on less than 150 listed companies, Angel broking, for instance, provides research on 140 listed companies.
Thus, know more about IIFL Advanced Research.
MPin-based login can be configured where users don’t need to enter any username and password anymore. You just need to enter your set 4-digit PIN and IIFL Markets will be open for IIFL trading access.
Users can set price alerts on specific stocks by setting greater than or less than conditions.
Inbuilt integration with Bloomberg TV with live streaming and feed along with Youtube videos.
In-app trading calls with a time period, stop loss and target prices. Users can place trades with a couple of taps from there.
The Buzz feature provides information on the latest developments, live markets with a single click.
Detailed company information with the research report, quarterly results, detailed analysis for fundamental research.
IIFL Chartsfeature is available for users with multiple indicator types for quick technical analysis where you get access to MACD, Moving Average, Bollinger Bands, RSI etc.
Free features available for guest logins including research reports and market data.
Detailed assistance on technical as well as fundamental analysis with various data points, company information, key profitability ratios, shareholding patterns, etc.
Trade Multiple Orders (TMO) provision available.
You can calculate the span margin for derivative positions.
One of the latest additions is a chatbot that can provide you with quick assistance on your trade or help you if you are stuck in order. This feature is easy to use and requires just a single tap.
IIFL Markets Download
If you wish to download IIFL markets, then the app is available at both the Google Play Store as well as the Apple iOS. Please find the link and the rating of the app below for your reference:
So, in order to download the IIFL Markets app, you must have a smartphone and a good internet connection.
Simply search for the app in your App Store or Google Play Store and start reaping its benefits right away.
If you are not a customer of IIFL, still you can reap its benefits, by logging in as a guest user.
IIFL Markets App For PC
When it comes to accessing IIFL Markets on PC, the broker provides a separate trading application that can be used on a computer.
If you are a client of this stockbroker, you would need to download and install the IIFL Trader Terminal application on your PC and then you can carry on with your trades on a computer or a laptop as well.
Along with that, you can use the web trading platform IIFL TT Web to grab the unique experience of stock analysis and trading. With it, you can reap the benefit of IIFL AMO.
The broker also offers a web-trading application if you just want to access the trading app using a browser. The application is called IIFL Trade.
IIFL Markets Login
If you are the customer of IIFL, it means if you have a trading or demat account with the firm, you would be provided with the login credentials, i.e. your User Id and Password. You can use those credentials to log in to the app.
The login page ask for your ID, Password, and PAN Card Details or DOB.
Once you enter the detail, you would be redirected to the app dashboard where you can find numerous features of the app.
IIFL Markets Guest Login
As already discussed, you can access the app features with the guest login as well.
For this, you have to log in to the app using your mobile number. The OTP will then be sent to your phone.
Enter the One-Time Password and have a quick overlook of the app If you would like to have a quick walkthrough of the app, the broker has provided a guest login for the users that are not its clients.
When you use the IIFL Markets guest login, the following features are opened up for you to access:
Market Indices stats
Market Movers (Gainers & Losers, All Week High etc.)
Swing Trading option in the app further gives you the option to invest in the short term. Just a side note, swing trading is another interesting form of trading with its differences from Intraday trading. The IIFL Markets app provides you a decent experience while you perform this form of trading.
To prevent losses while trade, you can reap the benefits of Stop Loss Order Placement. For this it is good to learn the whole concept and steps to place stop loss in IIFL App.
In all, the app is meant for trading and gaining the best investment ideas by going through the research tips and latest market updates.
IIFL Markets Disadvantages
There are few areas of concern that IIFL can look at to make sure the overall user experience of the mobile app stays at the best. Here are those listed:
The mobile app logs out after a span of 15-20 minutes and the user is required to re-login into the application.
Option to buy NCDs/Bonds online through the app is not possible
Few cases of incorrect price information seen.
IIFL Markets Advantages
At the same time, IIFL Market comes with the following benefits for its users:
Mobile app versions available across operating systems including Android, iOS and Windows
Single tap buy and sell provision for quick actions on market opportunities.
You will get all sorts of price alerts, tips/research from the IIFL team, news in the form of different in-app notifications.
There are no IIFL Markets charges that you need to incur separately. The app comes with no in-app forced purchases either.
Users can call research executives directly from the app to get quick recommendations and tips
In all, it helps you in gaining a unique and great trade experience. Along with this utilizing the app in the right way can help you in making profitable investment decisions that further increase the chance to gain profit in the trade. Thus it provides its services to more than 200 IIFL Branches In India.
So open the account with the firm now, or access the app features as a Guest User. To open the account, you will need a bunch of IIFL forms, although you can perform this process online as well.
Interested to open an account and Start Trading?
Enter Your details here and get a call back right away.
More on India Infoline (IIFL)
If you are looking to know more about this full-service stockbroker, here are a few reference links for you: