Buying and selling of shares, commodities, and securities have always been a matter of keen interest for many people. Even if you are engaged in a different job which consumes the whole day, this thing intrigues you and encourages you to increase your investment quotient. However, with stock markets, there is a limitation of time and it is not possible for every individual who is engaged in a 9-5 job to take out some time and venture in the bourses. Many people take the help of third-party agencies who buy and sell shared on behalf of the former. However, if you want to be more engaged and sophisticated in trading, you need to do it yourself.
Stock exchange software makes it possible for every single individual who wants to take the reins in his/her hands. With the help of such an application, you can easily deal with all types of investment instruments. It does not just help you in buying and selling, it gives you an insight into the markets and makes you a perfect trader. You can have access to global stock exchanges and deal in multiple options at the same time. It also gives you timely news about all the happenings in the market which sharpens your knowledge and prepares you for future dealings. Therefore, stock exchange software development is now gaining value not only among agencies but also individuals.
Table of Contents
Features that make stock exchange software more reliable and efficient:
There are various features with which a stock exchange software can make trading highly profitable and accessible for you.
Deposit
Using these applications, you can deposit the money anytime, it becomes very handly because you can do it all by using your smartphone. With this feature, you are always ready for buying shares and you also never run out of options. It makes instant payments very easy and also provides you a multi-pronged approach which is always useful for those who deal in buying and selling more frequently.
Withdraw
When you are always allowed to deposit, you should also be given the chance of making withdrawals whenever you want. This is exactly what this feature allows you to do and it undoubtedly makes the trading highly feasible for all the traders. With this function, you are able to withdraw your earnings whenever you want which actually makes you trading more useful. It actually helps the traders bring more liquidity in their accounts easily.
Buy/Sell
You cannot expect this function to be missing from any stock exchange software and it surely is the most basic feature. You get the support from high-end servers and they give you access to the markets at their scheduled time. Whenever the trading begins, you can jump right at the opportunity and start buying or selling shares. The best thing about this feature is that it helps you maintain a diversified portfolio which never ceases to increase.
Stop Loss
This feature prevents you from going into loss in trading. Using it, you can set your share price at a particular amount and when the price has reached the amount, the share automatically goes for a sale. For instance, you purchased shares of X company at $20 per share and you set the stop-loss order at $18, now, if the price of that share goes below $18, they will be sold by the application. With this feature, many traders have saved themselves from significant losses.
History
If you are trading frequently, you would definitely need to track your purchases and sales for better management. That’s when this feature helps you and makes the whole trading experience better for you. You can actually plan your purchases and get a better idea of how the markets have behaved lately. After sorting out the trends, you can plan which stocks you need to buy and the other ones that you can sell with maximum profits.
KYC
It is essential to have robust security measures in your application and this especially very important for agencies who provide such apps to their customers. With this feature, they can ensure that only genuine users are accessing the software and it is not used for a notorious activity. As it has happened in the past, it is a must that precautions like KYC must be followed in all applications which deal with some sort of asset or security.
Ledger
By keeping a well-maintained ledger, a trader can get a cue of how a certain market is going to behave after some certain changes. It gives them an insight into the international bourses and presents a more transparent picture of trading. This feature allows you to record all the changes that affected your trade and you can take references from them whenever you are going to buy or sell any particular instrument of investment under bullish or bearish trend.
Holding
When you are a frequent trader, it is essential that you keep your holdings separate and they also need to be kept safely. Using these applications, you can do it very easily as they give you a robust structure that cannot be easily penetrated by hackers. Thus, you need to be sure that your copy of the stock exchange software comes with this particular feature. It acts as a reserve which can use in the future whenever you want and also gives you a sense of financial security.
Intraday
It is not very easy to indulge in intraday trading and make profits without any hassles. With this particular feature, you can do that effortlessly, it gives the support of a robust structure so you could engage in a faster environment in which trading could be done without any errors or snags. It is the best way for you to secure the profits and giving you the best performance with cutting-edge technology. It actually prepares you for a swashbuckling session of trading which involved heightened activity of buying and selling.
Upshot
With perfect software, you can handle the sophisticated level of trading very easily. It gives you a boost and let you take bigger risks which leads to greater profits. There are various other advantages with these applications and it just becomes much edgier when you do it with software that is equipped to make your trading better than ever. It enables you to be cautious about any big change that could make your portfolio weaker. So if you want to make maximum profits, it is best to you use such a program that takes efficiency to a whole new level.
