Learn More About Top Features of HDFC SKY App
16 April, 2024
With the launch of all-in-one stock market app HDFC SKY, HDFC Securities has also made its mark in the low-cost discount broking. Backed by their robust research team and advisory services, HDFC SKY is a new age do-it-yourself equity trading app, that will allow beginners as well seasoned traders and investors to participate in the stock market at a flat price. Since HDFC SKY comes with a wide range of trading tips and research reports of its parent HDFC Securities, the app supports traders and investors of all experience level to participate in the financial markets with ease.
Features of HDFC SKY – The HDFC Securities Stock Market App
It is important to note that HDFC SKY is much more than a share trading app. As mentioned above, it is an all-in-one broking app. Here are some of the top features of the HDFC Securities discount broking app – HDFC SKY, that will help you better understand the benefit it offers –
HDFC SKY offers access to a wide range of investment and trading opportunities. It includes Indian stocks, ETFs like NIFTY 50, top traded ETFs of HDFC Securities and various other competitors, etc., Mutual Funds, Futures and Options, Currencies, Commodities, US equities and more.
For both intraday and delivery across all the segments – be it equity, F&O, currency or commodity, it has a flat pricing of ₹ 20 per order.
The margin trading facility (MTF) of HDFC Securities called BSPL (Buy Stocks Pay Later) allows you to buy 4x stock, with a highly competitive interest rate of 12%.
HDFC SKY – the stock market app of HDFC Securities come with free trading and demat account with zero opening charges.
The annual maintenance charges (AMC) for the first year is also zero.
One of the biggest benefits of HDFC SKY, is that this equity trading app is open to everyone, unlike HDFC Securities traditional broking, which is only for customers of HDFC Bank.
With its new age app, trades are executed quickly and allows the user to focus on trading, with its zero downtime. The app comes with a user-friendly interface that allows traders and investors of all level easily maneuver through the app.
Talking about user-friendly interface, the dashboard of the app remains updated to provide with all the details regarding your investment, trades, account, order status and much more.
Furthermore, HDFC SKY comes with personalised watch list with tags and a wide range of educational resources in its Learn section.
With HDFC SKY, you can access investing tips and its in-depth research reports even if you do not have an HDFC Bank account for trading and investing. HDFC Securities has one of the strongest stock market research team, and investing using HDFC SKY gives you easy access to the same.
The flat pricing models offers complete transparency and better affordability to the investors. Investors and traders can keep track of all their investments, trades and transactions in one place, thereby making their journey in the financial market much easy and seamless.
You can download HDFC SKY on your Android or iOS devices. The good part is you can access HDFC SKY in web as well. HDFC SKY – the HDFC Securities Share Market App offers with you an expanded range of investments along with better user experience, easy and quick transactions, comprehensive market watch, advisory services – all in a flat price brokerage model.
* The information provided in this article is generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. You are recommended to obtain specific professional advice from before you take any/refrain from any action. Investments are subject to changes in tax laws. Please contact a professional consultant for an exact calculation of your liabilities.