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Best investing apps one should have

With the advent of technology keeping a track of information about the investment option isn't tedious anymore.

Fisdom

Aap

Fisdom is India's fastest growing fintech, providing investors the opportunity to invest through an integrated platform. Since its inception in 2016, Fisdom helps you discover mutual funds that are best suited to your needs after evaluating your risk profile and the duration of holding onto an investment.

Fisdom is the only digital platform currently offering mutual fund investments, term insurance as well as the National Pension Scheme. Also supporting the customers of several banks, fisdom is growing in the space of financial services amongst the banks. Fisdom offers a seamless process whether one intends to make a regular (SIP) or a onetime investment.

Fisdom provides strong research backed recommendations which are AMC agnostic. Also set up is an auto-rebalancing feature which is periodic and event driven. Providing you the opportunity to invest in any fund in the Mutual fund universe with a strong operational base and advisory support, customers can reach out for a quick resolution of any query.

Yahoo! Finance

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Yahoo! Finance is still one of the best investing information resources available, and their app is my go-to for news and real-time data throughout the trading day. The ability to quickly and easily browse videos, read basic charts and view financials (all for free!) make this app stand out.

They've recently added a feature allowing you to link your broker account so you can easily trade through the app, but I have not tried this out, nor do I plan on doing so anytime in the future.

Moneycontrol

AAP

Whether you are an investor, trader or a novice trying to learn the tricks of the trade, Moneycontrol Markets on Mobile is your go-to app. From tracking your investment portfolio to keeping up with the latest news and updates on your favourite stocks, moneycontrol is a one-stop solution. The app brings real-time quotes on Indian and Global indices, stocks, futures, commodities, both from the MCX and NCDEX, currencies and even mutual funds to your fingertips. You can even look for advice from other investors to tweak your strategies and inform your decisions better on the moneycontrol Forum. All these features are available on a single app, available across platforms, whether you own an iPhone or iPad, Android phone or tablet

Robinhood

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Robinhood is the only app lets you buy and sell stocks for free. Users can buy or sell stocks market price. The app allows you to make limit orders and stop loss orders too. Unless you’re an active trader, this is plenty of functionality. Plus, the app comes with a clean user interface, and basic research tools.

Most serious investors should pair Robinhood with one or more free research tools. This will help them develop a more systematic approach to investing. That said, you can’t be Robinhood’s free trades, but its shortcomings here make it third.

If you’re curious how Robinhood makes money, it’s through Robinhood Gold. Robinhood Gold is a margin account that allows you to buy and sell after hours. Buying on margin means you double your expected returns. It also means you double your expected losses. The result (based on the magic of compounding) means that trading on margin tends to eat into your principal.

Investar

Aap

The Investar app has been designed to view NSE stock charts. These charts show signals to help traders make buying/selling decisions using several technical indicators. It provides live quotes and charts for users. The intraday quotes and charts are auto-updated every five minutes. One can easily browse through daily and intraday stock charts to find stocks of interest and add it to watchlists.

The free app allows adding up to three watchlists with a limit of 10 scrips per watchlist that come with five minute real-time updates for all NSE stocks. To create unlimited watchlists, one will have to make in-app purchases. The new Watchlist Synchronization allows users to keep a backup of their watchslists and/or synchronise them with the desktop software Investar 3.0. The Investar app is available for Android and iOS users.

( Source : deccan chronicle )
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