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Reliance Securities Mobile App Review – Trading Platforms in India

Reliance Securities Mobile App

Mobile App

Reliance Securities Mobile App Overview

The full-service stockbroker, Reliance securities provides a mobile trading app titled Reliance Securities Tick Pro. Reliance Securities mobile app allows you to trade across multiple segments including Equity, Derivatives and Currency.

The stockbroker has designed a separate App, Reliance commodities for users looking to trade or invest in Commodities segment.

इस विश्लेषण को हिन्दी में जानें

Overall, Reliance securities provides decent performing trading applications, be it web-based applications or terminal solutions. At the same time, the broker has set up a wide range of trading softwares across different devices to make sure different users with various preferences can pick a platform as per their respective choice.

Coming back to the point of Reliance Securities Mobile App, the app comes with different features with a decent update frequency cycle. This allows users to access multiple types of new features on a regular basis and on top of it, the bugs existing in the earlier version are taken care of.

Let’s talk about these features of the mobile app in detail now:

Reliance Securities Mobile App Feature

  • Once you download and install the mobile app onto your phone, you are provided with the following login screen. Here you are required to enter a valid login Id and password before you start trading. The Guest login does not work, but from this screen, you can employ functionalities including Forgot password, unblock account etc.

Mobile App

  • After you are logged into the application, you are taken to the Dashboard screen where you are shown information on your DP holding, order status etc. along with profit or loss value for the day.

Mobile App

  • At the same time, if you tap on the menu at the top left, you will find the list of features you can access using this Reliance Securities mobile app.

Mobile App

  • You can transit to the ‘Markets’ tab where you provided information at different levels such as Top gainers of the day, top losers, top volume gainers and so on. All this information is provided in form of Heatmaps where specific color coding is used by default. Where Green color implies growth and red color implies a drop in the stock value. You do have the option to view this information in list format as well.

Mobile App

  • Here is how the screen looks like when different indices are displayed in the list format. You can toggle across different information blocks, tap at indices, view stocks and more. The details shown here are clearly set up with complete segregation.

Mobile App

  • To perform your technical or fundamental analysis, you can use different types of charting flows along with technical indicators. You have the option to change the duration to as short as 1 day to as long as 10 years.

Mobile App

  • Next up is the Snap Quote feature. where you can view information around a stock including its high/low, R&S, pivot point, current market price (CMP), monetary and percentage based growth or drop in the stock value and so on.

Mobile App

  • To place an order (buy or sell), you are required to place the quantity you are looking to execute in the order along with the limit price. Once set, you can press the submit button to execute the order from this mobile app of Reliance Securities.

Mobile App

  • You can also use ‘Scanners’ for detailed fundamental and technical analysis within the mobile app. As shown in the screen below, you can make use of different Big data analytics including Rising and Falling Stocks, High Low Breakers, Volume Shockers, Spreads, Strong and Weak, Resistance and Support etc. With this, you can save the crucial time of sorting/filtering everything on your own and have a quick glance at specific stocks that are performing good and bad at different levels in the stock market.

Mobile App

  • Users looking to make sure of analytics and perform advanced analysis can use the analytics feature. This is application across indices, trading segments, market behavior and more. By using this feature, you can perform lengthy analysis in quick time.

Mobile App

  • You can also use ‘Option Calculator’ feature where you can know the profit potential of your option trades. This brings in some objectivity in your decision-making process before you place the order.

 

Reliance Securities Mobile App Configuration

As far as configuration of this mobile app is concerned, this is what your mobile phone must have:

Size

Android – 18.1 MB
iOS – 73.1 MB

Operating Systems 

Android 3.0 or up
iOS 8.0 or later (Compatible with iPhone, iPad and iPod touch)

As far as the stats are concerned, this mobile app is rated as following at Google Play Store:

Number of Installs10,000 - 50,000
Mobile App Size18.1 MB
Negative Ratings Percentage11.67%
Overall ReviewMobile App

 

Advantages of Reliance Securities Mobile App

Here are some positives of using this Reliance Securities Mobile App

  • Multiple types of features for analysis including scanners, option studies, analytics and more.
  • Available across different operating systems including Android and iOS
  • One of the few mobile apps that provide robo-advisory services
  • You can place AMO (After Market Orders) using this mobile app
  • The app comes with dual level authentication with password and security questions/images.
  • The mobile app logs out automatically after an inactivity of 15 minutes.
  • Fund transfers between trading and bank through the mobile app is allowed.

Disadvantages of Reliance Securities Mobile App

  • Guest login does not work
  • You cannot trade in the commodities segment or mutual funds using this mobile app.
  • Relatively bulky in size, especially for iOS users.
  • Few issues with the usage of the ‘Back’ Key observed by various users.