5 Ways Online Investment Apps Have Changed The Stock Market
The rise of online investment and stock trading apps has transformed investing in stocks. Once considered an activity reserved for professional traders, it has now become a mainstream pursuit.
There are powerful and easy-to-use share market investment app like mStock that have lowered barriers and opened the door for everyday folks to access the stock market. Here, let’s look at the five ways these innovative platforms are changing the game.
1. Zero Brokerage Demat Accounts
Back in the day, investors and traders had to pay commissions to brokers for each stock trade placed. This creates a cost barrier, especially for new traders and investors with limited capital. The emergence of zero brokerage demat accounts by mstock share market app has eliminated these fees and made frequent trading cost-effective.
mStock offers zero brokerage & no hidden charges for life with no order limit, no expiry restrictions, and no subscriptions. This has made investment more cost-effective and spurred a new wave of active trading.
2. Simplified UI & Account Opening Process
Old-school online brokerage platforms featured clunky, complex interfaces packed with technical jargon and tiny fonts. This made them daunting and confusing for inexperienced investors. Today’s share market apps India offer simplified designs with intuitive user experiences. Features like swipe navigation, virtual trading capabilities, conversational language, and guided workflows make interacting seamless. The simplified interfaces provide easy access for investing novices.
Opening a brokerage account traditionally involved extensive paperwork and long waiting periods. Investment apps permit opening accounts in minutes right from your phone. A few personal details and a bank link are all it takes to get trading fast. The frictionless account opening removes obstacles to investing for first-timers.
3. Offer Robust research Capabilities
In the past, individual investors had limited access to quality stock research and relied on brokers. Investment apps now deliver powerful yet user-friendly research tools directly to users. From technical and fundamental analysis to earning forecasts for SIP investments, valuation models, and breaking news, DIY investors can harness professional-grade capabilities to inform trades.
4. Access To Margin Trading Facility (eMargin)
Margin Trading Facility, also known as eMargin, is an exchange-approved service that removes the problem of insufficient funds. This provides you as a trader with funds while you place a delivery trade. With eMargin, you can place your trades in the delivery segment with margin requirements as low as 20%, and the remaining amount gets funded by the broker.
mStock, the best online trading app, offers the lowest average interest rate from 6.99% to 9.99%, then an industry standard of up to 18% to their eMargin facility. It increases your returns as a result of increased potential through MTF. It can also prove to be advantageous for traders who want to make money out of price movements in the short term.
5. Demo Trading Modes
Many investment apps offer virtual trading options. There, you can practice buying and selling stocks before putting real money on the line. Paper trading in real market conditions builds knowledge without fear of losses. It provides a safe space for your trial and error methods to hone your strategies.
Final Thoughts
While markets remain volatile, investment and trading apps like mStock mobile trading app are empowering legions of retail investors like never before. Their intuitive interfaces, robust analytics, margin trading facilities, and demo trading modes have made trading and investing more accessible and engaging for the masses.