Traders need to go through many aspects of the market before investing in financial instruments. Trading without caution does not favor the trader and the latter may face adverse outcomes in the market. Along with the fundamental aspects of trading, traders also need to consider the elements that cast a direct impact on the trader's trading strategy, even though they are not related to the market.
Published on 26 April 2023
OPEN A FREE* DEMAT AND TRADING ACCOUNT
IN 15 MINS*
Selecting an application for trading is one of the tasks that traders must take seriously. Trading with suitable platforms allows traders to have the best trading experience. With the ideal trading platforms, traders can effectively deal with the contingencies of the market.
Espresso App- Specifications and Characteristics
Technological advancement is the credence of a good trading platform, and traders must consider the same. Here are the key specifications that a trader must look for in a trading platform:-
Automated Trading: With the help of artificial intelligence, the trading platform can perform a few tasks. A trader does need to be on board with the panel induced with automated trading. Traders can go for other things by customising the application to react to changes in the market on a real-time basis. Professional traders can also benefit from it by investing on multiple asset classes Best investing apps facilitate traders with seamless automation as their prior feature and allow traders to proceed with market changes without significant trouble. During the trade, traders may deviate or even step away because of some panic, but the AI is not influenced by human emotions and performs a few tasks better than humans.
Multiple Order Types: Top investing apps facilitate traders with multiple order types to diversify trading strategy. Market, Limit, and Stop loss are some of the most common order types facilitated by trading platforms. Depending on the market sentiment and the trader's trading strategy, these order types allow traders to make reasonable decisions. Traders may go bullish or bearish with these types of orders and place their investments for the best possible outcomes.
Multi-Asset Trading: Trading with multiple asset classes diversifies a trader's portfolio and allows the trader to search for better opportunities from different segments and earn the best possible returns available from their investments. Traders may also maximize their profits by investing in multiple segments and limit their losses if the market does not show a bearable risk level.
Trading Infrastructure: Traders rely on technical and fundamental analysis to conjecture the outcomes of the market. A trading platform must have the advancements, data and other required tools to conduct this Traders may only be able to perform it with the required tools and data. A good trading infrastructure allows traders to trade proficiently and make smart trading decisions. Trading without conducting the requisite analysis does not go well for the traders, and the trades may not provide fruitful results. A good trading infrastructure also systemizes the trader's strategy and allows traders to benefit from the best trading experience.
Advancements Required For Trading: A trading platform should also facilitate a trader with the latest technological advancements available in the market. It allows traders to execute things faster and explore the market without any significant trouble. A technically outdated platform hinders the trading procedure and restricts the path of a trader. Trading is filled with competition, and even a delay of a split-second can lead a trader lose out on opportunities in many cases. Such things may result in a loss in a trade, too, as lagging applications will not respond to the orders placed by a trader, unlike an advanced trading platform.
User Interface: An operable user interface allows traders to use the application best. With trading advancements, traders also require ease of doing things to have the best trading experience. The same contributes to the best possible trading application. A trading application, that has a complex interface, can act as a hindrance for the traders. Traders may be unable to use an application with a complex interface. Traders are also able to navigate the aspects of the application without hassles with an easy-to-access interface. Both new and professional traders prefer an easy-to-use interface.
Conclusion
Traders must go through the platform's aspects before beginning to trade with the same. Top investing apps provide traders with specifications that allow them to execute trades effectively. The best trading app has all the specifications that enhance the trading experience of the traders. Espresso is the best trading app as it contains all the specifications traders desire in a trading application. We also facilitate an operable and easy-to-use interface that makes the best trading apps for beginners.
'
Team Espresso
We care that you succeed
Bringing readers the latest happenings from the world of Trading and Investments specifically and Finance in general.
Stock investing apps are miniature platforms that make it easy for investors and traders to buy and sell stocks, access the latest market news and explore new trading features via their smartphones.
The purchase of a share facilitates a trader with a contract note. With the evolution of trading from a traditional method to a digital paradigm, traders receive all the needful in a dematerialized form. The conversion of contract notes and shares from physical to digital form is called dematerialization.
The use of technology for trading has redefined the way of trade execution in India. The demand among traders and investors for stock investing apps has driven stock markets to a new amplitude and created records of high trading volumes. This change has positively influenced Indian stock markets, and indices have seen some major gains.
You can find out whether a stock app is protected with advanced safety protocols so that all your information is kept secure and safe.
Related Articles
Best Stock Apps for Indian Investors
Stock investing apps are miniature platforms that make it easy for investors and traders to buy and sell stocks, access the latest market news and explore new trading features via their smartphones.
The purchase of a share facilitates a trader with a contract note. With the evolution of trading from a traditional method to a digital paradigm, traders receive all the needful in a dematerialized form. The conversion of contract notes and shares from physical to digital form is called dematerialization.
The use of technology for trading has redefined the way of trade execution in India. The demand among traders and investors for stock investing apps has driven stock markets to a new amplitude and created records of high trading volumes. This change has positively influenced Indian stock markets, and indices have seen some major gains.
Sharekhan Comtrade Private Limited (TM) operates the web site accessible from the URL www.myespresso.com (the “web site”').
Sharekhan Comtrade Private Limited is committed to protecting your privacy and utilising technology that gives you the most powerful, safe, online experience that you can get anywhere else.
Sharekhan Comtrade Private Limited does, however, gather certain information that is provided by you to the Web Site. Sharekhan Comtrade Private Limited believes that by collecting this information Sharekhan Comtrade Private Limited is able to provide you with a personalised web experience, and to assist its own sales team and advertisers in efficiently reaching an appropriate audience.Sharekhan Comtrade Private Limited does, however, gather certain information that is provided by you to the Web Site. Sharekhan Comtrade Private Limited believes that by collecting this information Sharekhan Comtrade Private Limited is able to provide you with a personalised web experience, and to assist its own sales team and advertisers in efficiently reaching an appropriate audience.
Sharekhan Comtrade Private Limited requests the minimum information it believes necessary to achieve this goal.
The following discloses Sharekhan Comtrade Private Limited's information gathering and dissemination practices for the Web Site:
System Data:
Sharekhan Comtrade Private Limited uses your IP address to help diagnose problems with our server and to administer the web site. Your IP address is used to identify you and your shopping cart and to gather broad demographic information.
Registration Data:
The Web Site's registration form may require users to give us contact information (like their name, phone number and e-mail address), unique identifiers (like their PAN Number) and demographic information (like their pin code, age or income level). The Web Site uses customer contact information from the registration form to send the users information about Sharekhan Comtrade Private Limited and promotional material from some of Sharekhan Comtrade Private Limited's partners. The customer's contact information is also used to contact the visitor when necessary. Unique identifiers (such as PAN numbers) are collected to verify the user's identity. Demographic and profile data is also collected at the Web Site. We use this data to tailor the visitor's experience at the Web Site, showing them contents that we think they might be interested in, and displaying the contents according to their preferences. This information is shared with advertisers on an aggregate basis.
Links and Co-Branded Sites:
This site contains links to other Web Sites which are not necessarily been screened or reviewed by www.myespresso.com. Sharekhan Comtrade Private Limited is neither responsible for the privacy practices or the contents of such Web Sites nor shall be held answerable for the inaccurate, inappropriate or offensive data, material, information, products and services that may be viewed on those sites.
Sharekhan Comtrade Private Limited may operate a number of co-branded sites. Policies regarding information collection and sharing may differ on some of these co-branded sites. If you have any particular questions, you should check the privacy statement that appears on each co-branded site.
Order Forms:
The Web Site uses an order form for customers to request information, products and services. The Web Site collects visitors' contact information (like their mobile number or e-mail address), unique identifiers (like their PAN number) financial information (like their account or credit card numbers) and demographic information (like their pin code, age or income level). Contact information from the order form is used to send orders, information about Sharekhan Comtrade Private Limited, and promotional material from some of Sharekhan Comtrade Private Limited's partners to the visitors of the Web Site. The visitor's contact information is also used to get in touch with the visitor when necessary. Financial information that is collected is used to check the users' qualifications and bill the user for products and services. Unique identifiers (such as PAN numbers) are collected from Web Site visitors to verify the user's identity.
Surveys and Contests:
The Web Site's online surveys ask visitors for contact information (like their mobile number or e-mail address) and demographic information (like their pin code, gender, age or income level). The Web Site uses contact data from its surveys to send the user information about Sharekhan Comtrade Private Limited and promotional material from some of Sharekhan Ltd.'s partners. The customer's contact information is also used to contact the visitor when necessary. Users may opt-out of receiving future mailings; see the choice/opt-out section below. Demographic and profile data is also collected at the Web Site. The Web Site use this data to tailor its visitor's experience at the Web Site, showing them content that it thinks they might be interested in, and displaying the content according to their preferences. This information is shared with advertisers on an aggregate basis.
Sharekhan Comtrade Private Ltd run contests on the Web Site in which we ask visitors for contact information (like their e-mail address). Sharekhan Comtrade Private Limited uses contact data from its contests to send users information about Sharekhan Comtrade Private Ltd. and promotional material from some of our partners. The customer's contact information is also used to contact the visitor when necessary. Users may opt-out of receiving future mailings; see the choice/opt-out section below.
Third-Party Advertisement Servers:
Sharekhan Comtrade Private Limited engages the services of an outside advertisement company to display advertisement on the Web Site. These advertisements may contain cookies. While Sharekhan Comtrade Private Limited uses cookies in other parts of the Web Site, cookies received with banner advertisements are collected by the Advertisement company, and Sharekhan Comtrade Private Limited does not have access to this information.
Protection of your Data and Information:
The privacy and protection of your data and information provided to us is of vital importance. Sharekhan Comtrade Private Limited shall ensure to safeguard the security and confidentiality of any information you share with us. Any personally identifiable information of the customers obtained by us shall not be used or shared other than for the purposes to which the customers consents. However security and confidentiality of information cannot be guaranteed cent percent. Hence despite our utmost efforts to protect your personal information, Sharekhan Comtrade Private Limited and www.myespresso.com cannot warrant the security of any information you transmit to us through our online services. Such transmission of your personal information is done at your own risk.
Disclosure of Customer Information :
Sharekhan Comtrade Private Limited and www.myespresso.com shall not deliberately disclose customer's personally identifiable information to any unauthorized third person, save and except where such information shall be disclosed in good faith and for the purpose of law for the time being in force or to protect the rights and property of Sharekhan Comtrade Private Limited and www.myespresso.com.
Public Forums :
The Web Sites makes chat rooms, forums, message boards and/or news groups available to its users. Please remember that any information that is disclosed in these areas becomes public information and you should exercise caution when deciding to disclose your personal information.
Supplemental Information :
The Web Site supplements the information that you provide with information that is received from third parties.
The Web Site DOES NOT entice by the prospect of a special game, prize or other activity, to divulge more information than is needed to participate in the activity.
Further to the above, in light of the recently notified Information Technology (Reasonable security practices and procedures and sensitive personal data or information) Rules, 2011. (Hereinafter referred to as the Rules)
The following shall be deemed to be sensitive information :
Password;
Financial information such as Bank account or credit card or debit card or other payment instrument details;
Physical, physiological and mental health condition;
Sexual orientation;
Medical records and history;
Biometric information;
Any detail relating to the above clauses as provided to body corporate for providing service; and
Any of the information received under above clauses by body corporate for processing, stored or processed under lawful contract or otherwise:
provided that, any information that is freely available or accessible in public domain or furnished under the Right to Information Act, 2005 or any other law for the time being in force shall not be regarded as sensitive personal data or information for the purposes of Rules.
Collection of Information:
Compliance with KYC guidelines as per SEBI / Exchanges / Or any other Act, law or regulation requiring the same and any internal KYC guidelines formulated by Sharekhan Comtrade Private Limited.
In order to provide enhanced trading experience to the client.
In order to provide any further information to be provided to regulators.
Such information may be collected in a manner that the client is always aware of the collection and purported usage of the same. The client shall have an option to withdraw consent to share the information. However such intimation shall be required in writing. Such intimation shall only be taken into account from the date on which the same is received. Sharekhan Comtrade Private Limited may choose to stop services to such a client in case such intimation is received. Such information shall only be used for the purpose it is collected.
Clients would be allowed an option not to disclose any information to be collected, provided the same is in compliance with regulatory requirements.
Disclosure of information:
Disclosure of sensitive information would be as per the terms agreed by the clients. For any change in such terms, the clients would be informed.
Provided no consent may be required in case the same is being shared as per compliance guidelines or as required by regulators.
Any information being disclosed to third parties would be in accordance with the Rules and would be done provided such third party has the same level of compliance guidelines as Sharekhan Comtrade Private Limited.
Sharekhan Comtrade Private Limited shall allow clients to review their personal information and the same shall be allowed to be edited provided exchange guidelines relevant to the same are followed.
Sharekhan Comtrade Private Limited shall maintain reasonable security practices and procedures and maintain a comprehensive documented information security programme. In the event of an information security breach, Sharekhan Comtrade Private Limited or a person on its behalf shall be required to demonstrate as and when called upon to do so by the agency mandated under the law, that there have implemented security control measures as per their documented information security programme and information security policies and information security policies that contain managerial, technical, operational and physical security control measures that are commensurate with the information assets being protected with the nature of business.
KYC Languages
Download Client Registration Documents (Rights & Obligations, Risk Disclosure Document, Do's & Don't's) in Vernacular Language :
Note: "This document is a translated version of the client registration documents in English and is being provided in vernacular language to facilitate better understanding by the investors. In case of any ambiguity, the contents of the English version would prevail."
NDNCR Terms & Conditions
By accepting the Terms & Conditions, you authorise Espresso, its representatives and agents to provide information about various products, offers and services provided by Espresso through any mode, including telephone calls, SMSes, emails, letters and any other mode of communication. You also confirm that laws in relation to unsolicited communication referred in "National Do Not Call Registry" as laid down by "Telecom Regulatory Authority of India" will not be applicable for such information/communication.
Filing Complaints on SEBI Complaint Redress System (SCORES) - Easy and Quick
Register on the SCORES portal
Mandatory details for filing complaints on SCORES:
Name
PAN
Address
Mobile Number
Email ID
Benefits:
Effective communication
Speedy redressal of grievances
You can file complaints on SCORES through https://scores.gov.in/scores/Welcome.html