How to choose the best share market app for trading

Every second counts in trading. A minor delay in placing an order or missing an important market trend can reduce your profits. Abrupt technical glitches or unreliable real-time data can also disrupt your strategy and lead to costly errors. That is why selecting the right share market app matters. The right app puts all crucial tools at your fingertips to analyse stocks, place trades smartly, react to market movements in real time, and manage risks effectively.

Having said that, let's break down what makes a share market app truly best for traders.

Charts and indicators

Look if the share market app offers Fibonacci retracements, volume bars, candlestick patterns, and customisable timeframes (1 min, 3 min, 5 min, and 1 day). Also look for technical indicators such as the Relative Strength Index (RSI), Bollinger Bands, and Moving Average Convergence Divergence (MACD).

An app with real-time, lag-free charting means you can quickly spot popular trends and make calculated entry/exit decisions.

Multiple order types

Different trading strategies require different order types. Hence, a good app should feature:

• Intraday orders to square off your positions within the same day

• Overnight orders to carry positions to the next trading day

• Market orders to quickly purchase or sell at the current market price

• Stop-Loss (SL) limit to input a trigger price and a limit price

Such a variety helps you adapt to any market condition.

Solid stock collections

A good trading app must offer a curated collection of stocks based on specific criteria, such as:

• Most searched stocks 

• Most bought stocks  

• Debt-free stocks  

• Highest dividend-paying stocks  

By organising stocks this way, the app makes it easy to find companies that align with your trading strategies without endless searching.  

Margin Trading Facility (MTF)

A useful feature for any trader is the MTF feature. It enables you to purchase more shares than your available funds up to a certain limit. Suppose you have ₹20,000, with 4x leverage, you could trade up to ₹80,000 worth of stocks. This extra buying power helps you make the most of time-sensitive short-term opportunities without blocking all your capital.

Real-time updates and advanced tools in the app also matter so that you can monitor your leveraged positions effectively.

Educational tools and 24/7 help 

The best share market app stands out by offering learning materials like user guides, articles, FAQs, and video tutorials. These resources can help you grasp complex market concepts, trading strategies, and risk management tips and use the app's features smartly. 

24/7 customer support is equally critical. Markets move fast, which means even small issues or delays could cost you profitable opportunities. A trading app with round-the-clock support availability helps you get quick resolutions, whether it's a technical glitch or a query about order placement, margins, or fund withdrawals.

Key takeaways

The right share market app can make your trading experience stress-free and affordable. So, check if it offers charting tools, multiple order types, expert-backed research, curated stock categories, an MTF feature, learning materials, and 24/7 help. All these features help you trade confidently and grab the right opportunities at the right time.

If you are looking for a platform that ticks all these boxes, consider MO Riise. It is backed by the legacy of Motilal Oswal, a SEBI-registered and publicly listed entity trusted by over 40+ lakh traders. With MO Riise, you benefit from UPI-based investments, high-level security, technical tools, research on 260+ stocks across 21+ industries, and lightning-fast order execution.