Finance

What are the Different Trading Options on IIFL Securities?

Trading has evolved tremendously over two decades. In today’s time, the majority of people trade in the Stock Market. With the help of a Trading Account, you can carry out trades in the Stock Market. You can trade in commodities in different exchanges like Multi Commodity Exchange of India Ltd (MCX), National Commodity and Derivative Exchange (NCDEX), Indian Commodity Exchange (ICEX), National Stock Exchange (NSE), and Bombay Stock Exchange (BSE). You can buy and sell stocks in the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).

Before the age of the Internet, investors and traders used to trade verbally in the Stock Market. It took almost 14 days to settle trades after placing orders for buying or selling. India saw a revolution in investing in 1996 with the inception of the Demat account system on NSE. It reduced hectic for investors with a computer and access to the Internet as they didn’t have to physically present at the respective exchange.

At the present time, the Securities and Exchange Board of India (SEBI) regulates the security and commodity market in India. They made it mandatory for every investor and trader to open a Demat account to invest in stocks and other securities. A Demat account holds your Securities in an electronic form. It converts all your Physical share certificates into dematerialized form. Like a Demat account, it is also important to open a Trading account to trade online in the Stock Market.

A Trading account helps to trade in various securities like –

  1. Currencies
  2. Commodities
  3. Bonds
  4. Gold
  5. Exchange-traded funds (ETFs)

IIFL Securities is among the leading stockbrokers in India that offers you the facility of a 2-in-1 account to open both a Demat account and a Trading account. There are various types of Trading options by IIFL Securities to choose from depending on your risk appetite.

The types of trading options are –

1. Mutual Funds

A mutual fund is an investment tool that collects funds from several investors and invests their money in securities like Stocks, Bonds, and other assets to grow money over a defined period. There is a SIP in mutual funds that allow investors to deposit a minimum installment every month for a certain period and earn good returns at maturity.

2. Equity Investment

An equity investment allows you to buy and sell a share of a company. You can invest or trade in Equity on a stock exchange like NSE and BSE.

3. Commodity And Currency Trading

IIFL Securities lets you trade commodities on the MCX and ICEX. The commodity sector deals in Metal, Energy, Livestock, and Meat.

4. Derivatives Trading

Derivative is a contract between two parties buyer and sell. You can trade in an underlying asset like Stock, Commodity, Currency, or Bond with a Derivative contract.

5. Futures And Options Trading

Futures and options are derivatives that serve as contracts between buyers and sellers. Such contracts allow you to trade in a stock or index at a predetermined price at a future date

IIFL Securities is among the leading stockbrokers in India. They provide you with proprietary Trading Software with unmatched trading convenience. There are three different online Trading Software under the Trader Terminal (TT) Platform to support different devices and investor types.

Here are three different software by IIFL Securities are—

  • IIFL Markets App (Mobile App)
  • TT Web (Website)
  • TT Desktop (Installable Trading Terminal)

All the different Trading Software has the same back-end. You can invest or trade in various Trading options through any of them as per your preference. You can switch between them seamlessly when needed.

They help you make profitable trades and gain financial freedom by providing various facilities.

  • You will get stock recommendations and advice from the industry expert on which Trading option to select depending on your financial goal.
  • They will help you with a planned strategy to invest or trade in the Stock Market. They provide strategies based on historical data and analysis.
  • You can make changes to your portfolio anywhere at any time with the help of dedicated relations managers.
  • They have a team to provide in-depth research on companies regularly.
  • They also provide reports like Idea2Act, IPO Note, Monthly Investment Report, Rollover Analysis, Weekly Recap, Market Mantra.
  • IIFL Securities provides multiple investment options. You can diversify your portfolio and minimize the potential risk your portfolio could have so that you can earn good returns despite volatility.
  • They help you manage and rebalance your complete portfolio.
  • You will get a watchlist option to track the performance of your securities.
  • You can easily liquidate your investment amount easily at the maturity date.

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