Stock market apps are indispensable for just anyone who deals in the stock markets. Right from the nice traders to a sophisticated investor, it is a great asset to decode the stock markets. There are top stock market apps in the market and here is an in-depth comparison of the leading apps.
- Sharekhan: An app from one of the leading brokerage companies in India. The app does the basic job of getting stock quotes and allows you to trade. It has in-depth analysis and many secondary features that make it a good choice for the started. However, the interface isn’t up to the mark. It sometimes freezes and has some uncomfortable to use fonts. The app overdoes things with a sluggish interface. Many users can be found complaining about the line charts, and about data consumption. Overall it is a fine app – however, not the best amongst the stock market apps.
- Moneycontrol: It is one of the most well known mobile applications. Backed by a tv channel. It is good for getting real-time updates and have an up to the mark interface. Although the experience isn’t anywhere near world class. The app does the basic job of giving up to date information about stock quotes. It has a wide number of financial markets that users can see. However, since the company itself is not a brokerage firm, users cannot trade the shares, and users often complain of excessive data usage. One would expect Moneycontrol to be a world class stock market app with a great interface, but if horribly falls short of the expectations. However, it is a good app. In all fairness to the developers, the interface is better than Sharekhan.
- India Infoline: The company holds numerous achievement, but the one that counts the most is the one for user experience. India Infoline limited’s (IIFL) users swears by the company’s ability to provide world-class brokerage services, and so far it is the only app that doesn’t end up things in a disappointment. It has one swipe trading facility, to the mark stock updates, and in-depth coverage of scripts, it covers a wide range of financial markets right from bse, nse to mcx and ncdex. Company and its app, both have been tried and tested, and as of now, it works like a charm on every device. The interface is sleek and the data usage, even on 2g, is pretty judicially used.
If all crucial parameters are taken into the account, then IIFL has a clear lead over its peer. But whether it is able to maintain the lead is totally up to the future updates and how well its competitor pulls things off.
The motto of any app that promises to provide a world class trading experience should have the promise of putting web on the app, and IIFL does a great job in making that happen.