Stock market investments are part of most financial plans, whether it is for retirement, additional income, or other financial goals. Traders must stay updated on every minute of market ups and downs. High-speed internet and handy mobile applications have made online investing much simple, faster, and easier for retail participants. There are mobile applications for convenient stock trading. 

From checking the real-time stock price, making a portfolio, reading charts, and tracking market trends for profitable investments, everything is easily accessible on your smartphone.

Get Smart Stock Alert Via Trading Apps

Using smart stock trading apps, you can keep tabs on the rise and fall of specific stocks and market movements on your handheld devices on a daily basis. These trading apps help you to gather all the market information in a single place and buy or sell at the right time.

Smart stock alert services with the best stock market app may include the following:

• Safeguard against high risk stocks 

While you are looking to buy stocks using a trading app, it will send you an alert to protect against high-risk or junk stocks. You can get notified when you are considering a company with a high pledge against the promotor's shares because these are categorised as risky shares. Also, you will receive notifications if you are placing orders for penny stocks. It safeguards investors against high risk and protects their interests. If a company faced losses in the previous three consecutive years and you are considering those stocks, then also you will receive notifications. Therefore, trading apps are very helpful for beginners, just like paper trading app in India.

• Update on stocks in your portfolio

Smart trading apps also send you instant notifications when you are about to sell a company's stocks whose dividend announcement is coming soon. These smart apps can save you if you are going to sell your stocks to be eligible for long-term gains soon.

• Research and holding updates

You will get notifications on stocks in your portfolio via email and SMS. It will help you to get ready to capitalise on upcoming investments or profit-making opportunities on stocks you hold in your portfolio, like stocks moving up or down, corporate announcements, updates on promoter activity, etc. You can have market experts' views on your stocks.

Sign up with a stock broker and open an online Demat Account to use its trading app with the feature of Smart Stock Alert. Some apps allow users to set their target prices for stocks and track them continually. You will receive notifications when the stock reaches the target price.

Choose the Best App

There are numerous options for trading apps that help traders to stay informed and ready all the time for online trading. Since the number of stock trading apps has expanded in recent years, you may find it difficult to choose the best trading apps. Below are some crucial factors you should consider to find the best stock apps.

• Security Measures and Regulation 

The broker you are approaching for a demat account must be registered with the SEBI (Securities Exchange Board of India) and authorised for web and application-based trading. Such information is provided on the broker’s website.

• Interactive Charts

Short-term trades are based on charts. Traders need to read them for a few hours to a few days in order to analyse the high and low of the stock price. Apps should provide tools for interactive charts. 

• User-friendly interface

It should be easy to use which allows the users to have full control over their investments conveniently.

• Charges 

For affordable brokerage charges and the best trading apps, you can consider renowned discount brokers offering affordable subscription-based brokerage plans.

Thus, choose the best stock trading app with renowned brokers based on quick research. Look at interface friendliness, payment support, maintenance fees, and security measures to safeguard users' funds and get the best app with the smart stock alerts feature. Make investments in the stock market with informed decisions smartly.