PR Newswire | 13 Oct, 2015
MUMBAI: India's top Fortune 500 listed broker, India Infoline Ltd, a part of the leading diversified financial services entity, IIFL Group, today launched version 2.0 of IIFL Markets, the most advanced mobile application in the financial markets space in India.
The app has seen 200,000 downloads even before the formal launch, the fastest such feat in the niche financial markets application space.
Being a native application, IIFL Markets is faster and more stable than peer applications. IIFL Markets is the only such application that provides widget functionality, fundamental research on 500 companies and allows to place orders for Initial Public Offers and Follow-on Public Offers.
The highest rated app in Indian financial markets space, IIFL Markets enjoys a 4 star or 5 star rating by 80%+ users. The app is developed by IIFL Group's internal team of over 50 people.
"This application will revolutionise stock trading. It empowers a small investor with powerful tools and brings him at par with information and service that is otherwise available only to large investors. As a technology innovator, we have empowered customers with the best technology offering through our previous innovations in web and trader terminal," said IIFL Group's Chief Strategy Officer Mr. Aniruddha Dange.
IIFL Markets is the only app in the world, which provides access to free research on 500 companies. The app also has the most exclusive and intensive news supply powered by our news portal http://www.indiainfoline.com, rated amongst the best financial news portals in Asia. IIFL Markets has a wealth of video repository also.
"We have designed the app separately for Android, Windows and iOS platform, which helps the native app to perform the best according to the users' mobile platform. We expect over a million downloads by end of the year," added Dange.
IIFL (India Infoline group), comprising the holding company, IIFL Holdings Ltd (NSE: IIFL, BSE: 532636) and its subsidiaries, is one of the leading players in the Indian financial services space. IIFL offers advice and execution platform for the entire range of financial services covering products ranging from Equities and derivatives, Commodities, Wealth management, Asset management, Insurance, Fixed deposits, Loans, Investment Banking, Gold bonds and other small savings instruments.