SBISmart App – Review, Benefits, Top Features, Set-up Process & moreLast Updated Date: Apr 24, 2023
SBISmart App is the trading app offered by SBICap Securities for people who love to trade and track their portfolio and the overall market even when they are on the move.
The SBISmart Money App is a unique application crafted out of various ideas for making the life of traders easy while they are on the move.
SBI Smart App has a lot of features that make trading much easier and most importantly, profitable. The application is perfect for traders engaged in full-time jobs and who love to trade.
So, let us start with a brief intro of the platform and then we will take you through the intricate details of the features and other details of the platform.
SBISmart App Review & Ratings by Top10StockBroker
|SBISmart Money App Ratings|
About SBISmart App
The SBICap Securities App or SBISmart Mobile App is one of the most trusted mobile trading applications in the stock market amongst traders.
It has a lot of safety and security options to secure the transactions of the traders, and it is obvious with SBICap to do so, being a part of SBI, which is known for its security of the customer’s account and transactions.
The SBISmart APP, apart from being safe and secure, has ample options and features for traders to explore and trade easily without always worrying about opening the laptop or the desktop.
With this application, one can trade even when they are travelling somewhere. This helps in making the most out of the opportunities that come the way of the traders and the time and the place cannot be constrained here.
More about SBISmart App
It is easy to track the live market with the real-time updates that the mobile app provides.
There are various charts and technical indicators accessible on this application only which you can use for your technical analysis of the stocks that you are investing your money into or you want to invest money in.
You can check your stock positions, holdings, and margin balance all with this application and that too with just one click.
SBISmart App is a Top Trading App that gives you the freedom to trade and track the market whenever and wherever you want and gives you all the options you need for trading without even initiating the need for using the terminal platform.
Also, check out our SBI Review to know all the facilities that SBI Cap Securities provide and how it can help you achieve your trading goals.
Get Free Access to Sbismart Mobile App – Open Demat Account Now!
SBI Smart App – Top Features
Now, let us see the features which make this SBI Smart App so intriguing and how these features help in trading:
Away from the desktop and worrying about your stocks is not a present-day scenario as with the real-time updates provided by SBI Smart App, you can stay updated about the share market all the time.
You get all the real-time data and stock quotes and messages if you are not even kept this application open if there are changes in the prices, and the price is around your target price. So, this application helps you reap all the opportunities in short.
Do you need to place an order to reap higher profits now? But wondering how you are not in front of the desktop or laptop?
With this SBISmart Money APP, you do not need to worry as you can place buy and sell orders, square off, modify your pending orders, and cancel them using this SBI Smart Application only.
This application has all kinds of orders you can place to make the most out of the market even when you are not in front of your trading terminal.
It is easy to create the market watchlist on this application, and you can modify it anytime with the stocks you want to track and the ones you want to drop from the list.
Adding the scrips to the market list is simple; all you need is to click on the scrips and select the add option from the market watchlist settings.
You can create different market watchlists for different asset segments, say, for example, one market watchlist for equities and another for commodities so that you can track them without any confusion.
Data and Information
The application shows you the order status and the stock positions in the market. The application lets you access this information with a simple few clicks only.
SBIcap Securities App also has information on the market, stocks, and companies, and you can also access information about the company’s recent news on this application.
SBICap, one of the major stockbrokers in the country, has its research division, and via this SBI Smart Money App, you can get their research calls.
There is an option for the research calls you need to select, and the research executives will call you to guide about your investment-related query and assist you and give you suggestions for your investments.
Similar Mobile Trading Apps you may also Like
- ICICI Direct Mobile App
- Kotak Securities Mobile App
- HDFC Securities Mobile App
- Axis Direct Mobile App
- Motilal Oswal Mobile App
Additional Features of the SBI Smart Money App
Let’s have a look at the additional top features of the SBI Smart Money App:
An intuitive dashboard promises an enhanced interaction of users with their trading devices. The feature looks more promising on the mobile app.
Simply put, if the overall interface of the mobile app works smoothly, and delivers a lag-free experience it will improve the user’s positive review of the mobile application.
Trading on mobile was supposed to be a bit annoying, as live charts and news obstruct the smooth performance of the application.
But not all apps serve a similar bad experience. Such as SBI Smart Money App that’s known for its smart user interface, as it works smoothly for the users.
Thanks to its intelligence features that get things perfectly aligned on the interface.
Detailed portfolio view
Detailed portfolio view is an ever-popular demand of users. Traders always want to see every activity of their portfolio in the big picture, even if they are trading on a small screen via a small application.
The feature happens to be absent in mobile trading apps, but not now.
Simply put, apart from information covering the gain and loss made by a particular asset, the portfolio must cover the date, the percentage figure and other investment-related info should be available there.
SBI Smart Money App provides a detailed portfolio view, that’s why the app is popular among traders.
Reuters Consensus Research
Reuters is one of the most trusted new providers with a reputation built across the international financial market territories.
With its team of professional financial experts, the news agency details accurate consensus equity research of each stock. You can access forecasts on every single share in the world at Reuters.
Many news and market reports you to access at SBI Smart Money App comes from Reuters. Simultaneously that makes it easier for everyone to trust this mobile application for traders by SBI.
You will access even less info on the market, and that has its own unique benefits.
Easy Order Placement
SBI Smart Money App features an Easy order placement facility. This allows traders to enter and exit the market on the move. For instance – the feature encourages smoother order execution.
In no time, you can make a bid on an asset carrying the potential to meet your trading goals. The SL and TP can be readily placed due to smoothness in the order placement interface.
Every app must carry this feature, or else the overall users’ experience could be ruined. After all, one can miss the biggest opportunity in a single minute of the hour.
Advanced technical analysis charts
Advanced technical analysis charts add more value to the user experience. Using these charts, traders can identify more than just the basics of market trend lines.
These technical analysis charts may also occupy trading tools and instruments with time variations that adapt to the unique styles of traders.
The SBI Smart Money App features advanced technical analysis charts which are exclusively focused on making trading much more insightful and promising to traders.
Whether it is a great BUY opportunity or a SELL position would be a greater alternative, everything is easy to spot live on the chart.
Innovative features are the secret features that contribute additional value to trade. Such as, these features are intended to bring automation to trading activities.
However, much information on it can be grasped by using the trading app itself. Such as, you can use SBI Smart Money App and explore its innovative features.
The app has recently been upgraded to its newest version. Thus, you can benefit a lot from this app.
An easy-to-use interface is high in demand among beginners. Because many applications have turned trading much easier for both beginner and advanced users.
People are no longer interested in an app that serves a tricky user interface or utilizes complex features.
SBI Smart Money App is also popular for this particular trait as the application kept complexities related to trading activities to the lowest. Thus, it augments the overall experience of the users with the mobile app.
360 Degree Portfolio Tracker
SBI Smart Money App equips a 360-degree portfolio tracker. This implies that users can go deep into their portfolios and track the report of every asset individually.
Users no longer need to review everything one-by-one by opening multiple pages inside the app. Simply go to your “Portfolio” and review which things have gone wrong and which worked out for you.
The 360-degree view even enhances the trustworthiness of the mobile app.
Screening tools are always helpful as they make a trading app proficient enough to track a stock that meets the user’s criteria of shortlisting an asset and starting trading.
SBI Smart Money App equips a stock scanner with the use you can identify whether a particular stock is made for you.
Based on this tool, you can build clever insight into a particular asset and can strengthen your understanding of how to observe the market and stock.
How to Set up Sbi Smart Money App?
The process to set up the SBI Smart Mobile App is simple, and you need to have a smartphone with –
- More than 3.1 MB of space available on it
- The Android – operating system of the mobile must be over and above the 4.4 version
- The current version of the application is 0.14
Now to set the application, you need to down the application from the site –
- Use this link for SBI Smart App Download
- Once you have downloaded the application, install it on the mobile device
- And once it gets installed, launch it by clicking on the application icon on your mobile.
- Once it is open, log in with your SBICAP Securities login and passwords
- Then you can see the application homepage, and from there, you can create the market-watch list.
- There are NIFTY and SENSEX data available, which you can see without doing anything
- There are live quotes of the stocks you want to see, so set the market watch accordingly.
How to Own SBISmart Money App?
The SBISmart Money App can be downloaded and owned once you open the Demat account with SBICAP Securities. For doing so, you need to:
- Click on this button here on this page. You will see a pop-up form open on your screen.
- Fill out that form with the details asked in it.
- Once you submit the form, you will receive a call from the SBICAP executives, and they will guide you about the remaining procedure.
- You need to upload the documents as well for verification purposes.
- Once the verification process is over, you will get your account opened, and then you can use the login details to log in to the SBI Smart Trading App and use it.
Advantages Of the SBI Smart Money App
There are some great benefits you will have by trading using the SBI Smart App:
- You can place different orders, modify them, and square off your position at the end of the day using this application; no need to run for the terminal platform.
- You can see all your account details – stock holdings, pending orders, margin money balance, and others on this application.
- Creating a market watchlist is easy and simple, and you can customize it as per your requirements.
- There are not many system requirements for using and installing this application.
- It is one of the safest mobile trading applications offered in the market.
SBISmart App – Conclusion
SBISmart App is the need of the hour, especially for the traders juggling between their daily jobs and trading. The application has a user-friendly interface and helps traders trade while on the go.
Great features help the traders secure their positions and trade whenever possible and required.
It is one of the most popular trading applications for mobile users who trade from their mobile, and that is evident from the 5 lakhs and above downloads of this application.
SBI Smart App FAQs
Here is the list of FAQs related to the SBI Smart mobile app:
What is the SBI Smart mobile app called?
The stockbroker provides a mobile application for ease of trading, alongside other online trading platforms. The app goes by the name SBI Smart Money and is available for Android and iOS users for easy trading.
Does SBI Smart provide an iOS App?
Yes, this stock broking house does provide an app for iOS users. Trading activities, products, and services are equally provided to all the investors, irrespective of the operating system their smartphones run.
Is SBI Smart App Free to Use?
Yes, the app, as provided by the stockbroking house SBI is free to use. When you try to download the app, you will be taken to the install page and not be required to go through the payment system in any case.
How to download SBI Smart App?
You need to access the play store or the app store, which your phone contains. You must then search for the app by entering its name in the search button. Click on the download option and wait for the download to complete.
What features does SBI Smart App have?
We have the list of features that will be best put to use. The app’s dashboard is as per trading levels; research recommendations are provided, and a watchlist and advanced charting features are part of the app. You also have the provision of a model portfolio and thematic investment, scanners, and more.
Can I trade in Shares via SBI Smart App?
Yes, the share is the first and most popular investment segment, and the stockbroking house tends to focus on it. It provides the feasibility of monitoring the performance of a group of shares you are interested in and then investing in the ones you feel are profitable.
Is SBI Smart Android App good?
Yes, the app is a good alternative you would want to use, especially if you are on the go. However, the app is in the improvement process, and you can presently not expect much from it anyway. It is because the app holds a 2.1-star rating as of now.
Does SBI Smart App have EKYC Feature?
Yes, the EKYC process provided in the app is a perk since KYC is a mandatory norm. So, in case you have to go through it, you can fetch the documents asked, scan them clearly and then upload their images to the application.
Does SBI Smart App provide Tips?
Yes, this stock broking house is a full-service stockbroker, and it has a team of experts who look out for investors in general. They release stock tips and research analysis in the app, and you can refer to any or all of them accordingly.
How to Buy Shares via SBI Smart App?
The process is common for all trading apps, where the buy or sell option is provided in the order placement section. Visit the order placement you wish to undertake, enter the number of shares you wish to buy, at which prices, and the stock scrip, and then click on the buy or sell option.
Which app is for the SBI Demat account?
You can use SBI Smart Money App to open an SBI Demat account with the financial service provider.
What is the SBI smart app?
SBI Smart Money App is powered by the State Bank of India which provides services to mobile traders. Using this app, you can access a hassle-free trading and investment experience.
How can I login into SBI Smart?
Users can log in to SBI Smart by simply using the log-in ID that they obtain when creating a Demat account with the broker.
How can I use the SBI Securities app?
Traders can use the SBI securities app by simply downloading the app from the respective app store and entering log-in details when installed.
How can I withdraw money from SBI Smart?
Users can withdraw money from SBI Smart by simply going into the fund section and choosing the “Withdraw” option. Thereby, they require to enter the amount and then finish by selecting the bank account.
Is the SBI Demat account safe?
SBI is one of the top-rated financial firms owned by the Government of India, thus it is a 100% safe financial service provider to trust upon.
How can I close my SBI smart account online?
Users can close their SBI smart account online by simply requesting the SBI agent and submitting the request for account closure.
Can I open an SBI Demat account online?
Using the SBI Smart Money App, anybody can open an SBI Demat account online. The process is easy as creating log-in details on the app.
How can I check my SBI Demat account?
Users can check their SBI Demat account via mobile applications or the website portal of the broker.
How can I check my IPO SBI Securities?
SBI Securities users can check their IPO via the mobile app or website of the company. After log-in into the account, go to the asset section and select IPO to proceed.
How can I buy SBI Demat account shares?
Users can buy shares at SBI Smart Money App or website. Log in to your account, go to the asset section and select the quantity of the shares, and hit the BUY or SELL button in case you want to short-sell.
How can I transfer money from SBI to the Demat account?
SBI users can transfer money from their bank account to the Demat account by pressing the payment/fund option and entering the amount in numbers that need to be submitted into the Demat account.
Is SBI Securities good for trading?
SBI Smart Money App is good for trading. The app serves an innovative suite of tools and features each centric around augmenting user experience at SBI securities.
How long does it take to open a Demat account in SBI?
It only takes a few minutes to kick-start your trading and investment journey at SBI. Download the mobile app, enter log-in details and submit KYC documents. As soon as your Identity is approved, your application will be ready to use.
What are the charges of the Demat account in SBI?
The charge for a Demat account opening in SBI is Rs. 100 only.
Get Free Access to SBISmart Money App – Open Demat Account Now!