How to Buy a Stock on MO Trader App
The Motilal Oswal Investor application (MO Trader app) is a trading app for mobiles. If you're not a professional in the trading marketplace, it can prove to be quite tough to exist as an investor. To help you out while investing, the MO Trader app has been built keeping in mind features and strategies that make investing easier.
Let's take a close look at what the MO Trader app can do and how you can buy a stock using the application.
How Does the MO Trader App Function?
The MO Trader app is an advanced Indian trading online application that allows investors to buy, trade, and invest in shares and stocks free of cost. The MO Trader app is fully licensed and secure. You can benefit from multi-asset trading with the help of the app. You can access the app via an iOS or Android device. Being an application suitable for mobile, you can trade from anywhere at any time. You can commerce in the following sections:
- Commodities
- Equities
- Derivatives
- Currency
Other than the above-mentioned sections, you can also invest in IPO (Initial Public offering) or Mutual Funds. Furthermore, commerce is available in NSE, BSE, and MCX.
MO Trader App Features:
To help you with your investment, the MO Trader app has been equipped with features that make it user-oriented. Some of its high-quality features include:
- Management and monitoring of portfolios
- Advanced level graphs and charts
- Online money transactions
- Real-time quotes
- Portfolio snapshot
- Asset class trade
- Live market streaming
- Accessing online trading through mobile
- Watchlist for four multi-assets
- Online fund transfer
- View holdings of your trading account
- Tracking your transactions - trade reports, order book, research reports, recommendations, and news
- One-step authentication
How to Buy a Stock on the MO Trader App?
The MO Trader application is convenient to use. Once you download the app from Google Playstore or Apple Store, you can follow the given step-by-step instructions:
- Create a Demat account to trade on your MO Trader app.
- Click on the option "open a Demat account". Fill up the required information to create your trading profile.
- You will receive a link from the MO Trader app leading you to your opened Demat account.
- Once verification is complete, your account will be active the next day.
- You will be sent a welcome kit where you'd receive your ID and password to access your Demat account.
- Once you receive your welcome kit, your account is ready to use and trade shares via mobile.
Initially, you're required to pay Rs. 600 to set up a trading account. Your annual maintenance charge, however, is of zero expense.
To Sum Up:
With several in-built unique features on the MO Trader app, online trading has become hassle-free and a convenient procedure. As a trader, you're required to stay updated on any changes in the marketplace. With the help of this app, you can keep a track of the stock market and save time while investing. Even if you're a beginner in the investing world, the MO Investor app can be your guide to finding a stable footing.
Related Articles: How to Open a Demat Account Without a Broker | Factors to Keep in Mind While Opening a Demat account | Factors to Consider When Opening a Demat Account | 10 Points to Remember When Operating your Demat Account | Types Of Demat Account & Trading Account | 7 Benefits of Trading through an Online App | 6 Rules to Follow While Using Options Trading App
