Technology has made our lives easier to an extent that we can’t even dream about how we used to live a few years back. Not only has the advancement of technology has helped us in our day to day life, the biggest impact of technology is on the financial aspect of our lives. It has changed the way we learn, earn, spend, and even invest. When we talk about investing our hard earned money, we need to ensure that it’s in safe hands and since Angel Broking is one of the best stock broking agency in India, lets us check how well they have implemented technology in this segment. Continue to read the Angel Broking Mobile App review where we’d focus on how Angel Broking has created an intelligent tool called ARQ that helps in maximizing the benefits of the amount you invest.
What is ARQ?
ARQ is primarily machine learning powered stock market recommendations engine that, basis billions of calculations, suggests investment options that have a higher profitability potential. For a layman, it is a robo advisor that offers different investment options based on users Age, Experience, Investment history and risk taking capacity and has a deep understanding of industry trends. ARQ is available to all Angel Brokings’ customers who have access to Angel Eye or the Angel Broking App.
How ARQ Works?
ARQ collects your data and then gives you share market recommendations. It is a very simple process and data can be easily fed in. Our team tried punching in some basic information like age, marital status, income, expenses etc. It also tries to analyze your risk taking capacity by asking some psychological questions. Once the data has been fed in ARQ recommends you a portfolio. The system also gives you an option to start your investment according to the recommendations. Once you’ve invested, Angel broking helps you track the daily performance of your investment right in your account.
Angel Broking Mobile App
The Angel Broking Mobile App is pretty simple and straightforward. Once installed you can directly go to share market watch or select a particular stock to keep an eye on. In case, you want to trade, you need to log in. Other tabs include:
- My Watch list
- Nifty 50
- Sensex 30
- Indian indices
- Global Indices
- Most active by value
- Most active by volume
All these tabs are directly accessible without needing you to log in and can be easily accessed by swiping right or left on the home page of the app. Further on the top left you have a menu that gives you access to your dashboard and once logged in you can do transactions based on the advice by the ARQ. You can also find real time streaming quotes & charts, live news, multiple watch lists, online fund transfer, research reports, Demat holdings, margin statements, limits, order summary parked under the menu.
The application is secure, pretty fast, light and easy to use. Although it takes a bit of time to get used to for a new user because there is a case of too much information being available here. Also, there is a repetition on the menu that leads to such a feeling, could’ve been avoided as well.
We tried the Angel Broking App for Android Phone and found that it is one of the most advanced share trading App in India, it lives up to the expectations from an app of one of the best stock broker companies and lets users transact in:
- Mutual Funds
- Currency and Commodities etc.
- Investment in IPO etc
Final thoughts on Angel Broking Mobile App Review
This app is perfectly advisable for tech savvy investors. First time user may need some time getting used to it however that is all you need to worry. A for a person who is new or a first-time investor, the app is a perfect platform that advises him/her about how and where to invest in using one of the best robo advisors in the market as of now. However, you need to be sure as an investor if you want to go ahead with the advice ARQ engine gives you as there is no promise or assurance of a percentage of return. You can download the app here : Android | iOS
This is a sponsored post.