TradePlus Mobile App

TradePlus Online, one of the discount stock brokers in India, offers a mobile trading app (called TradePlus Mobile App) to its clients. The broker claims to offer this one of its own kind of an app that allows you to access services, queries and statement within this app itself.

Let’s review this app!

TradePlus Mobile App Review

In our analysis, we found that the broker has been able to provide various features in this mobile app but it lags in one particular aspect – Update frequency cycle.

Interestingly, this is the same aspect where most of the average performing mobile apps lag too and this is what differentiates them from the best performing mobile apps in India for trading.

This TradePlus Mobile app is an in-house trading platform from the discount stockbroker and allows you to trade and invest in Equity, currency, IPO, Bonds and mutual funds.

Although Tradeplus is a discount stock broker, you will get access to research and tips on the application. As a trader/investor, you can use these recommendations before taking a final judgment in order execution.

To reap all these benefits and get access to the app, open a Tradeplus Demat Account.

TradePlus Mobile App Features

Let’s move ahead with this review and talk about the different features offered by this mobile app and how you can use it for your trading and investment purposes.

Here are the different features in length:

• You can access the back-office within the mobile app itself. This allows you to ingress your ledger balances, DP holdings, ledger statements, open positions, accrued interest etc.

• Users are allowed to transfer funds from and into their trading account integrated with the bank account. The broker has a partnership with 23 banks of India for this provision.

• There are different analytics tools that are built-in in nature and allow you to perform your analysis through pattern recognition, trend scanning etc.
• Research and recommendations at technical and fundamental levels available.

• You can access different reports around order book, trade book, funds view, current holdings, net position etc.
• Multiple types of charts available with the flexibility of using technical indicators in order to perform an analysis.
• At the same time, the mobile app gives information on your available trading limits and total Tradeplus margin available on your account.
• The TradePlus Mobile app has an alert management system (AMS) where you can view your current stock alerts, add/edit/delete your alerts etc.

Configuration

Here are the configuration details of this TradePlus Mobile App:

• Android mobile phone with a minimum 3G/4G or wi-fi internet connection.
• Android version must be at least 4.1

This is how the mobile app from TradePlus Online is rated at the Google Play Store:

 

TradePlus Mobile App Advantages

Here are some of the merits of using this mobile application from TradePlus:

• Messaging service is available within the mobile app which allows you to fix your concerns in a much quicker and easier way as compared to email or phone modes of communication.

• Daily, weekly and fortnightly research reports and recommendations available.
• Margin and brokerage calculator available within the TradePlus mobile app.
• Fund transfers with 23 prominent Indian banks possible.
• The mobile app is relatively secure with UCC based authentication instead of logging in using a password.

TradePlus Mobile App Disadvantages

Here are some of the concerns you may face while using the mobile app for your trading:

• The mobile app has no guest login available.
• There is no iOS or apple version available for this mobile app from TradePlus.
• No provision to trade or invest in Commodity segment through this mobile app.
• Few issues around performance reported at times.

Do you want to have a basic discussion and Open a Trading Account?

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More on TradePlus Online:

If you wish to know more about this broker, here are a few references: