Flattrade Software Review
Flattrade Track Record Of Best Online Stock Broker In India
Flattrade Trading Software Review
Flattrade Trading Corporation is a Chennai-based discount stock broking company. It was incorporated in 2004. It is one of the fastest growing financial brokers. It is an expert in providing the least brokerage to its customers. It provides a robust customer support operation to its customers with extremely competitive prices. It helps in dynamic trading by providing innovative brokerage solutions to the customers. It also provides the online Investment platform for Wealth Management through Mutual Funds to the individuals and corporate and exemplary customer services at extremely competitive prices.
Flattrade trading provides three trading platforms to its customers for smooth and efficient trading. It has desktop, web-based and mobile app platforms to its customers. It has the only in-house developed trading application while the rest of the two are NSE based trading software.
It is a terminal-based trading software that is introduced, designed and developed by the Omnesys technologies. This software is used by many stock brokers by issuing a license and the same case is with the Flattrade Trading. As a customer you will be required to download and install the software, then enter the username and password provided by Flattrade trading to do trading.
This software is more beneficial for heavy traders. It has multiple features that makes it stand out. The features are listed below:
1. It has provisions to add market watch across various segments.
2. It allows placing orders after market hours.
3. It facilitates its customers by providing live access to market quotes, news and other relevant information.
4. It has various charting feature for the technical and fundamental analysis.
5. It has clients that can personalize themes, notifications and alert types as per the customer preferences.
It is a web-based trading software that can be accessed by using any kind of prominent browser such as Chrome, Internet Explorer, Firefox, etc. The customers do not require to download or install anything to start trading. The best part is that this software can be used from any device i.e. mobile, laptop, tablet or desktop.
NSE NOW is quite responsive in nature and manages the screen resolution on its own. It provides you with the optimal user experience. Some of the stand out features of NSE NOW are:
1. It is a very lightweight software.
2. It has multiple charting types with various technical indicators.
3. The customer can put different order types.
4. It facilitates with easy fund transfers.
Flattrade Trading Mobile App
The Flattrade mobile trading application is the only in-house developed application by Flattrade trading. The mobile application is just average when it comes to its performance. It requires more work on it in terms of performance, features and over all user experience. The app size is 33.7 MB and has 5000-10000 installs. Some of the stand out features of mobile application are:
1. It provides various provisions to create multiple market watchlists.
2. It provides various In-app notifications and alerts that can be personalized.
3. It shares real-time streaming of market quotes and news.
The application is available on the Android and can be downloaded from Play Store.
The firm focuses on providing the best and advanced software to its customers. Thus, the firm has started to do same as it has built its own first in-house application. The Flattrade Trading grows at a very fast rate as compared to other discount broking houses. It is very good for the experienced traders as it provides various excellent advisory services.
Frequently Asked Questions
No, there are no AMC charges of the Flattrade Trading and demat account.
The superior trading platforms and affordable pricing models are the unique factor of Flattrade Traders.
The customer can place many orders in Flattrade such as Market Orders, Limit Orders, Stop Loss Orders, After Market Orders (AMO), etc.
They offer the stock broking services as they can have any of account types that they offer like Depository Participant (Demat Account), Commodity Trading, Equity Trading, Derivatives Trading, Currency Trading and Mutual Funds.
The stock broker was founded in 2004 and the company is held privately and is led by Mr. K. Narayana Moorthy. He is a highly experienced and well-known spot bullion trader.
Yes, Flattrade allows the dematerialization.
The Flattrade trader has two legal entities under its brand with Flattrade Trading Corporation. It renders services for Commodities trading, and Flattrade Capital Service Private limited.
The brokerage charged for Intraday and Delivery is ₹10 per order.
The communication channel by which the stock broker reach out to its customers are through call, offline branches, Email and Web-form. The customers need to contact the stock broker between 8 AM to 8 PM i.e. during their office hours.
It offers stock broking services in Commodity, Equity, Derivatives, Currency and Mutual Funds.
The customer will get the exposure for trading within 3 to 4 minutes of fund transfer from the account. It is an automated process and no manual intervention is required.
It makes transactions secure by sending the information about the account activities on the phone directly from the exchange.
They have six branches which are located in Chennai, Bengaluru, Telangana, Cochin, Madurai and Jabalpur.
You can do this simply by accessing the order page (on trading terminal) where you have the option to cancel or modify order.
The office of Flattrade trade opens from 8 AM to 8 PM from Monday to Friday, 8 AM to 5 PM on Saturdays and remains closed on the Sunday.
Since Mutual funds investments are subject to the market risks. There is no guaranteed or assured rate of return.
No, you are not required to issue cheques by the investors while subscribing to IPO. Customer need to write their bank account number and sign in the application form in order to verify the bank account to make transactions.
Yes, Flattrade traders provide investors with infrastructure, facilities and services that are complicated for them to achieve their short- and long-term business objectives.
They offer the dedicated relationship manager for the trading and wealth management, dealer terminal at the office or premises, reliable support and management processes, online product or investor terminal to partner’s clients at no additional cost.
Yes, the transactions are secure as Flattrade make transactions secure by sending the information about the account activities on your phones directly.
Zero or no initial margin amount is required to start trading with Flattrade.
It has a registered office location at “Kochar technology Park”, 6th Floor, SP 31- A, 1st Cross Road, Ambattur Industrial Estate, Ambattur, Chennai.
Yes, Flattrade traders provide brokerage calculator for its customers so that they can determine the profits easily.