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Zerodha Kite Mobile App Review – Stock Trading Platforms in India

Zerodha Kite Mobile App

Mobile App

Zerodha Kite Mobile App Overview

Zerodha has become quite a prominent name in the Stock Broking Industry mainly due to different online initiatives that have been taken up by the stockbroker. It not only pioneered the Discount broking space in India but also has come up with different trading experiences (Zerodha Kite Web, Zerodha Pi for instance), algorithm-based technical analysis tools and educational portals for a different genre of clients.

Here, we are going to talk about the Mobile Trading app of Zerodha – Kite. It has been known to be one of the most intuitive and well-designed trading apps in India. Let’s see how it works:

Download and Install Zerodha Kite Mobile App

The first step is to download the app from the App Store and install it on your smartphone. It is one of the lightest apps in terms of size with the size of 10.6 MB. As per our experience, most of the apps from other stock brokers come in the size range of 36 MB to 55 MB.

Mobile App

Once you have downloaded the installed the app, you’d be required to enter your valid credentials and login into the app.

Here are the latest App Stats from all app stores:

Number of Installs500,000 - 1,000,000
Mobile App Size10.6 MB
Negative Ratings Percentage13.6%
Overall ReviewMobile App

 

Features of Zerodha Kite Mobile App

  • Multiple Market watch addition provision (till 5). You can use these market watchlists to monitor specific stocks that you are interested in, across sectors and industries.
  • Simple minimalist UI (Black or White backgrounds available) with minimal fuss. This makes the overall trading experience simple and convenient, especially for beginner level traders.
  • Different types of charts available with options to choose time range and frequency. With these charts, you get the flexibility to perform technical and fundamental analysis as per your preference. Some of these charts include:
    • Candle Stick
    • Bars
    • Colored Bar
    • Line
    • Hollow Candle
    • Mountain
    • Baseline Delta
  • Users can add different types of technical indicators (total 80 types) for technical analysis
    • Alligator
    • Bollinger Bands
    • Darvas Box
    • MACD
    • Moving Average
    • Stochastics
  • Funds transfers and management allowed using the mobile app itself. Furthermore, there are different modes of fund transfer available within the mobile application.
  • Scrips from the Market watch can be deleted by swiping the scrip from right to left.
  • Drawing Tools available to take your analysis to a different level.

Mobile App

  • The current position of your stocks and respective profits can be seen within Portfolio section.
  • Notifications and alerts based on the set preferences allowed, giving a glimpse of personalization provided. With these alerts, you get in-app notifications on when a stock price crosses a specific level or percentage.
  • Buy and sell orders can be made with a single tap irrespective of where you are in the navigation flow
  • The app works well at low internet bandwidth as well. Although the speed gets compromised here, still you will be able to use the application and place your trades.
  • Option to place bracket order, positional order, cover order, stock loss market order etc

Some of the concerns using Zerodha Kite Mobile App:

  • Connectivity issues are seen if the client is using Reliance JIO. That is one specific concern.
  • Payment gateway can be improved in its usability from the app
  • Margin calculator feature missing in the app
  • You cannot invest in Mutual funds using this application.

 

 

Interesting facts about Zerodha Kite Mobile App:

  • 5 Million transactions happen through the app every day
  • It is available in 11 different languages
  • Market watch feature runs at only 0.5Kb/sec

We will soon be coming up with the video demo and review of the mobile app. Watch out this space for more or subscribe to our newsletter for notification.