MUMBAI, October 13,2015 /PRNewswire/ --
India's top Fortune 500 listed broker, India Infoline Ltd, a part of the leading diversified financial services entity, IIFL Group, today launched version 2.0 of IIFL Markets, the most advanced mobile application in the financial markets space in India.
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The app has seen 200,000 downloads even before the formal launch, the fastest such feat in the financial markets application space. Around 50,000 IIFL clients are already active users of the application and the response has been very positive and encouraging.
IIFL Markets is the fastest and most endowed application in India and is better than most apps in the financial market space across the world. Being a native application, IIFL Markets is faster and more stable than any other such application. IIFL Markets is the only such application, with widget functionality, fundamental research capability and allows to execute orders for Initial Public Offers and Follow-on Public Offers.
The highest rated app in Indian financial markets space, IIFL Markets enjoys a 4 star or 5 star rating by 80%+ users. The superior app is developed by IIFL Group's internal team of over 50 people.
"The app is lightening fast and provides real time access to stock prices and instant execution of trades. This application will revolutionise stock trading. It empowers a small investor with powerful tools and brings him at par with large investors. As a technology innovator, we have empowered customers with the best technology offering through our previous innovations in web and trader terminal. This application has been a hit from the beginning and we believe, it will benefit the customers and prospective customers immensely," said Mr. Aniruddha Dange, IIFL Group's Chief Strategy Officer.
IIFL Markets is the only markets app in the world which provides access to free research on 500 companies. "Our widget, ease of navigation with user-defined menu items and stable interface are best in India and even better than comparable global apps," Mr. Dange said. "Our app is also the only app to have the most exclusive and intensive news supply powered by our news portal http://www.indiainfoline.com, which has been rated amongst the best financial news portal in Asia," he added.
IIFL Markets has also introduced a wealth of video repository in the app covering market, economy and corporate developments. IIFL Markets is the only markets app in the world which provides access to free research on 500 companies.
"We have designed the app separately for Android, Windows and iOS platform, which helps the native app to perform the best according to the users' mobile platform. We assume the old as well as new customers will love the experience and trade through their mobile. We expect over 1 million downloads by end of the year," Mr. Dange said.
"IIFL Markets Android enables instant trading to our broking customers and provides comprehensive features to guest users," he added.
Through IIFL Markets, users get free access to live updates from Indian equity markets.
A client can monitor details of his/her brokerage account and transfer funds in and out with Payin/Payout feature. The application also lets clients keep track of their holdings, net position and margin with detailed order book and trade book.
Other key features of the IIFL Markets app are stock ideas by highly rated research team, customizable 'Menus' and column headings in 'Watch List', comprehensive IIFL View on companies and advanced technical charting. All this comes with the ease of one swipe to buy/sell a stock.
About IIFL
IIFL (India Infoline group), comprising the holding company, IIFL Holdings Ltd (NSE: IIFL, BSE: 532636) and its subsidiaries, is one of the leading players in the Indian financial services space. IIFL offers advice and execution platform for the entire range of financial services covering products ranging from Equities and derivatives, Commodities, Wealth management, Asset management, Insurance, Fixed deposits, Loans, Investment Banking, Gold bonds and other small savings instruments.
Media Contact:
Sourav Mishra
[email protected]
+91-9920285887
Head - Corporate Communications, IIFL
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