Upstox Pro Mobile App

Check Reviews of Mobile Trading Apps

Upstox Pro Mobile App

6.9

Speed or Performance

6.5/10

Ease of Use

7.0/10

Analysis Tools

7.5/10

Data Accuracy

7.0/10

Reliability

6.5/10

Pros

  • Decent User Experience
  • Reasonable Speed

Cons

  • Limited Features
  • Hangs Intermittently
  • Okayish Customer Service

Upstox Pro Mobile App Introduction

Upstox (earlier called RKSV) is a Mumbai based discount stockbroker and offers decent performing trading applications. Although it does not have an in-house terminal based platform yet for trading, they do have a browser-based application called Upstox Pro Web application.

Users can trade and invest in Equity, Currency, Future and Options segments at National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) using the mobile app. This mobile app is available in both Android and iOS versions, thus, offering flexibility to users with the kind of phones they use.

In terms of technical analysis for user’s intraday trading, the mobile app provides more than 100 technical indicators, decent charting flows and few other features. Let’s talk at length about different features offered in this Upstox Pro Mobile App.

More on Upstox:

The discount broker is going to launch a ‘Tamil’ language based mobile app version very soon in the market. This will be first of its kind of a mobile trading app and it comes from the fact that their client base has seen a reasonable movement from Tamil Nadu.

Upstox Pro Mobile App Features

  • As you log in, the default screen shown displays NIFTY indices with the current market status and the overall trend. With this, you get a quick idea of the market movement for the day.

Upstox Pro Mobile App

  • Further ahead, you can click on a specific index listing and check out the stocks listed on that index with the current market price, decrease in the price and the percentage value decrease from the Open price of the day.

Upstox Pro Mobile App

  • To check the complete details about a particular scrip, you can tap or search a particular stock and details for technical as well as fundamental analysis are displayed to you, segregated into multiple tabs. Further ahead, you may choose to buy or sell that particular stock by clicking on either of the buttons displayed on the screen.

Upstox Pro Mobile App
Upstox Pro Mobile App

  • On click of either Buy or Sell, you are asked specific details about the order such as Quantity, type of order (Cover order, bracket order, limit order, AMO – aftermarket order) to be placed, price to buy or sell for, type of execution. Once you provide all the inputs, you can click on the ‘Review‘ button.

Upstox Pro Mobile App

  • Post the ‘Review’ button click, you are shown the complete summary of the order and asked to finally place the order onto the stock market. Thus, in a sense, you are given one last chance to verify or confirm the order before actually placing it.

Upstox Pro Mobile App

  • To have a complete understanding of the stock movement, you can use the charting functionality which is pretty neatly designed and displayed to you. You can flip the mobile to get a better view of the charts.

Upstox Pro Mobile App

  • The ‘Market Status‘ feature tells You which particular segment of the market(s) are open or closed for trading for the day.

Upstox Pro Mobile App

  • You can set unlimited alerts and notifications on specific scrips with options at price conditional, percentage condition, specific price value levels.

Upstox Pro Mobile App

  • You are allowed to set up an unlimited number of Market Watch lists with an unlimited number of scrips in each watch list. Pretty flexible and exhaustive on that front!
  • Scrips can be added, removed, modified with single swipe or clicks, thus, offering decent usability to the mobile app.
  • You can add fund to their trading account from their bank account by clicking on ‘Add’ under the ‘Add Funds’ section. This online transfer can be done with more than 25 banks of the country.

Here are some of the stats from Google Play store:

 

Upstox Pro Mobile App Disadvantages

Here are some concerns with this mobile app from Upstox:

  • Charting can be a concern to load, specifically in smaller cities or in case you are using a lower internet connection bandwidth.
  • No Quick customer service at crucial junctures available.
  • The app goes down and crashes intermittently when the traffic size is high. Thus, there are reliability concerns at times.
  • The number of features is limited.

Upstox Pro Mobile App Advantages

At the same time, you get the following benefits while accessing this mobile application for trading:

  • Various features for technical analysis offered in the mobile app.
  • The app offers Guest Login with limited features.
  • An unlimited number of Market watch lists allows you to track specific scrips of your choice.
  • Quick Update frequency cycle of around 3-4 weeks.

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