I’m Apoorv, Product Manager at Niyo Money and I’m thrilled to announce the launch of our latest feature – Stocks & ETFs on Niyo Money.
This is going to be a stock trading feature with a flat brokerage structure, a brokerage of Rs 20 per trade, irrespective of the trade value. The trading feature in the app is well supported by advanced long term and short term charts and the news section at a scrip level.
What’s more, you can also apply for IPOs using the UPI mandate ASBA process.
We spent hours talking to potential customers, trying to understand what they expect from a stock trading app built for early beginners into stock markets, which led to the making of this feature.
The onboarding process was envisioned to be seamless, where a user could create the demat account in the simplest way possible! The idea was to maintain transparency and at the same time provide a seamless, hassle-free experience to the user.
Also, for limited time, there is a free credit of Rs 200 into trading account which you can use to trade.
Hopefully, you will like this new feature. We are on a journey of building a full stack wealth management/investment app. A lot more is yet to happen! We would like to hear back from you and take your feedback on this new feature, work on it and improve it further. Because after all, our aim is to #DecodeInvesting and make investing smarter, simpler and more convenient for you all.
Note: This feature will be available to you on Niyo Money app, once you complete your KYC and account activation for Mutual Funds investment account.
Click here to check it out! (This will work if you are using you phone with Niyo Money app installed and MF account already activated)