Is HDFC Sky app good?

Stock Trading
, , ,
1

HDFC Sky is a new trading platform launched by HDFC. It has ample features for the investors and participants can engage in seamless trading with it.

2

HDFC has served customers for a long time. This gives them the strength to understand the market and the perception of investors very well. Thus, they launched a trading arena for people.

Right from beginners to experienced levels, people can easily facilitate market activities on their application.

You can use HDFC Sky on your mobiles (Android and iOS), laptops, and tablets. The website is very well adapted to enhance the user experience. Currently, they are not charging anything for account opening.

In fact, the brokerage also has a fixed slab of Rs.20 for delivery and intraday transactions.

Another reason why this app will be a great hit is that it has invited all the users irrespective of whether they have an account in HDFC or not.

Features of HDFC Sky

To decide whether it is actually good not or not, here are some of the features offered by them.

  • You will get real-time updates on the stock prices.
  • Foreign Stocks are also available for investing.
  • Those who like basket trading will be given the opportunity to do so.
  • Mutual funds, derivatives, ETFs, and commodities, all are available.
  • You also have an option to trade in Bonds.
  • Your portfolio will be made and it will contain all the relevant details about your investments.
  • Based on how much and where you invest, you will get recommendations from Sky.
  • No need to research on your own as it will provide you with a researched report on whatever stock you want.
  • Beginners can start the journey by taking the free courses available on their website. Once you feel confident, you can start investing.
  • Just like other trading apps, you can make interactive charts for stock analysis.
  • Live market action will also be provided to you.
  • Those who wish to invest in foreign stocks can check the global indices on the website.

Thus, HDFC Sky has lots of features, some of which are new and fresh as compared to other platforms.