Blinktrade
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In the modern world and age when everything is at your fingertips, why should trading be left far behind, right? These days all the good stockbrokers provide their customers with trading apps and in this article, we will be discussing the JM Financial app Blinktrade at length.
JM Financial is one of the oldest stockbrokers in the Indian stock broking industry. After being incorporated in 1973, this well-known full service broker has been going from strength to strength in its 49 years of journey of serving its clients.
Apart from its minimal charges and other facilities for its customers, it also provides them with a trading app. This JM Financial app is known as BlinkTrade which means you can trade in the blink of your eyes with this app. Whether you can or not, we will see this in this article as we move along.
JM Financial App
JM Financial Blinktrade app is available for all kinds of operating systems and hence you can download and use it in your mobile phones, windows and Mac. The app is known for its fast and swift trading experience.
The app goes by the name BlinkTrade and has been downloaded more than one lakh times with a 3.7-star rating on the Play store with 1200 reviews.
On App Store though, the app has got a 2.4-star rating with 120 reviews.
Here are some of the features of the app that differentiates it from the rest.
- Apart from the basic feature of market indices and market depth, it provides a unique feature of an “Investment basket” that makes it easier for investors to analyze their holdings in the portfolio.
- Also, the exclusive “My Portfolio” feature allows the user to track their portfolio in real-time.
- A personalized watchlist allows you to add your favorite stock and track their performance before you make any kind of trading or investment decision.
- What makes the app favorite among traders is the feature of Heat Maps. One who understands it can easily understand the market and stock movement.
- Fund transfer is easier with the Blinktrade app. You can now transfer money to and from the trading account using net banking or the UPI method.
- With the all-important “Analytics” feature, you get to make better trading strategies by knowing about the stocks that are bullish, neutral, bearish, record-breaking, rising and falling, and many more such natures. This is a vital feature for Intraday and FnO traders.
- Other than that, you can invest in IPOs, calculate your margin, and your Options, and check the Foreign/Domestic Institutional Investors’ activities by using the features this app presents you with.
- You also get notified of different upgrades.
- The app also has two levels of security features as it not only protects the access to your app with a password but also by an M-pin or a Face lock or a biometric locker.
- Other than stock market investments and trading, you can also put your money into mutual funds through this app.
Blinktrade Download
To make trading easier and stay ahead on the technical front, JM Financial offers one of the best trading apps in India which is available for download both at the Google Play Store and the App Store for Android and iOS users respectively.
The app goes by the name BlinkTrade and has been downloaded more than one lakh times with a 3.7-star rating on the Play store with 1200 reviews.
On App Store though, the app has got a 2.4-star rating with 120 reviews.
Blinktrade App Review | |
App Size | Nil |
No. of Downloads | 1 lakh+ |
Ratings |
Blinktrade Login
Once you download the BlinkTrade app and install it on your device, you are ready to take the next step of trading through your smartphone. Well if you thought so, we were only skipping through the pages to the end.
First of all, you need to login into the trading platform, and for that, you will need a User ID and a password to log in.
- In case you don’t have your User ID and Password yet, you can get them by opening JM Financial demat account.
- There is also a guest login feature that enables you to use the app without having an account with the stockbroker but you will have to at least register with the stockbroker by submitting your number.
- If you have an account with JM Financial, you can use your User ID and password to log in and then set up your MPin/finger lock/ Face lock for future logins in the same device.
Now that you have successfully logged in, you can finally begin using this app and trade with JM Financials.
JM Financial App Demo
As soon as you login into the app, you will get the Dashboard where you will get the information about the movements of SENSEX, NIFTY, BANK NIFTY, and USDINR.
On the same dashboard window, the app tells you about the top gainers and losers for the day as well as the Volume gainers.
Gainers are represented by the green color while the loser stocks are represented by the red color to make things easier for the users.
When you scroll down, you see a News section on your screen clicking which you can get all the relevant market news in one place.
When it comes to placing orders though, you can either use your watchlist where you have already saved a stock or simply search for the stock and click on T for trading in it. Once you click on T, you will get the option of putting different values and buying/selling.
- First, select from both the exchanges and then click on Buy and Sell.
- You can choose different orders such as Limit, Market, Stop-Loss, and Stop-Loss Market by browsing through the order options.
- You can also choose from different product type options such as Normal, CNC, MIS, Cover Order, Bracket Order, and MTF.
- Click on Submit and then Confirm your buy/sell order.
Blinktrade Advantages
JM Financial app, Blinktrade comes up with many benefits, one among them is speed. Other than this, there are multiple benefits of using the app:
- A personalized trading experience by creating and editing the watchlist.
- Multiple order types make it easier to minimize losses in case the market direction reverses.
- JM Financial brokerage charges are minimum that allows them, traders, to place multiple trades
- Multiple charts and indicators for market analysis
- Clean heat maps for advanced tracking of stock movement in the market.
Blinktrade Disadvantages
Even though the BlinkTrade app has so many features for both traders and investors, it still lacks in certain ways.
- For investors, it provides fundamental analysis for sure but the fundamental analysis lacks some financial ratios. These financial ratios are required to be added so that a long-term investor can get every little detail about the company while using the app only.
- Similarly, with the heat map feature, the app offers details about the bullish and bearish stocks but not about the sectors which are needed to be worked upon.
Conclusion
After a detailed analysis of the JM Financial app, we can say that BlinkTrade is a very structured and smooth app that is very easy to use even if you are a beginner or an intermediate in stock market trading, let alone the experts.
With real-time charts, resistance, and pivot point information, Technical analysis is very easy to grasp for the traders, and placing orders through this app is a very seamless process as well.
Reliable research ideas keep the investors/traders on their toes and increase their chances of making profits.
In a nutshell, you can go for the JM Financial app if you are looking for a trading app in this market with so many options.
Want to begin your trading journey, get started now! Get in touch with us and we will assist you in choosing the right stockbroker and in opening a demat account online for FREE!