When you open a Demat account with the IIFL, the first question that strike in your mind is how to trade in IIFL. So if you also think about don’t bother. Today we will discuss about it. In today’s blog we are going to know about how to trade in IIFL. If you want to know more about this read our this article till end. We assure you it will be very helpful for you. Let’s know about it in detailed manner. IIFL (India Infoline) is one of the leading players in the financial service sector of India. Its 2500+ widespread offline presence ruled across 500 cities of India. it is remarkably delivering commendable customer support.
How do I start trading in IIFL?
Watchlist offers one of the easiest and fastest ways to place an order through the IIFL Trader Terminal. Swiping on a particular stock or scrip to the left side of your mobile screen will give instant access to Buy or Sell order.
Other way to trade on the IIFL Markets App is to search for the particular script in the “search” button in the main menu bar.
In the Dashboard button, you can select the segment in which you would like to trade, such as Equity, Currency, or Commodity, and you can also select the type of trading example: cash, future, or option.
Smallcase investment is another feature of the IIFL Trader Terminal, where a trader or an investor can buy stocks of various segments in a package created by the experts of IIFL.
If we talk about more section, you can select the “Ideas” button where you can “buy or sell” stocks prescribed by the IIFL team after analyzing their movement in the stock market.
If you want to minimize the loss while trading you can use stop loss in IIFL app
Types of Trading Process
Accompanied by 25 years of experience, India Infoline tends to offer its customers to do transactions in the following trading and investment in various segment. If we talk about these segment there are many options like equity, Commodity, Currency, Mutual Funds, IPO, Derivatives, and much more. There are two types of trading process in the stock market- Delivery Trading and Intraday Trading. This documentation focuses on How to Trade in IIFL while doing Delivery Trading.
IIFL TRADING PLATFORMS
Trading in IIFL is very easy and straightforward without any problem since they offer various shortcuts and quick keys to execute the transaction process. Trading on multiple platforms requires different steps to place and execute the order. Therefore, here we will be discussing the trading process in the below platforms separately to make the learning easy and tension free.
traders and investors can downlaod in their operating system
Trader Terminal is a Desktop app. It can be downlaod by traders and investors in their operating system, which could be either PC or laptop. IIFL Trader Terminal gave permission to users to execute the order by using the extensive trading tools with unbeatable cutting-edge technology, and world- renowned research at their fingertips. The IIFL Trader Terminal allows its users to view, modify, or execute the transaction process at lightning speed.
Through IIFL Trader Terminal, an investor or a trader can briskly buy or sell stocks, shares, or other securities listed at India’s top stock exchanges as IIFL Exchanges. Here are some of them. Like
National Stock Exchange (NSE), Bombay Stock Exchange (BSE), Multi Commodity Exchange of India Limited (MCX),National Commodity and Derivatives Exchange Limited (Nplatform.
Trading on IIFL Trader Terminal
Once you have opened a Demat account with the IIFL, you will receive the welcome kit in which your login and password credentials will be shared with you.
Now, you will be required to login to the IIFL Trader Terminal platform which is a straightforward and fast process.
Now click here to log in with the IIFL TT web now.
After downloading this web app, you must log in through the Trader Terminal to have access to your account.
Prominent features of the IIFL Trader Terminal
Watchlist in Trader Terminal
One of the main features of the IIFL Trader Terminal is the Watchlist, which gives a big range of information related to the trading and investment segments to the traders and investors. You get access to IIFL Charts too. Here, you can view the pre-defined scripts and can easily acquire accurate and real-time information about them in an easy-to-understand language.
A trader or an investor in IIFL Trading Terminal can see and examine the movement of stocks or scripts in which he is most interested.
On the other hand IIFL Trader Terminal gives an chance its customers to create several Watchlists’ and trade accordingly with ease. Trading through IIFL Watchlist is very easy and requires minimum effort. To buy a particular script in the Watchlist, click on the green plus (+) sign at the script’s very beginning.
Once you click on this button, you have to enter the quantity, order type, exchange, validity, price, etc. of the script with a few other details too.
On the other side to sell stocks in the watchlist, click on the minus (-) sign in the red color next to the buy button.
Some other options other than Watchlist
- Shortcut keys are also an instant way to buy and sell orders.
- Click F1 to buy a script or F2 to sell a script.
- In each Market Watchlist, you can select the “buy or sell” button against each script.
- Another option in the Market Watchlist is to right-click on the particular script that you want to trade.
- It is how you can go to the Market and select buy/sell to smoothly trade.