As per the recent update, National Stock Exchange (NSE) decided to discontinue its proprietary software NOW with effect from September 14, 2020. In such crucial time, the majority of brokers and trading members who are trading from home as partial lockdown continues would now need to migrate to the alternative trading platforms to continue their operations, given NSE decided to shut down its trading platform.
Although the brokers have given extra time to migrate, it would not be a wise idea to switch to expensive trading platforms which can create hindrance to their overall profitability.
At this hour of crisis, the Invest19 Technologies are coming up with a solution to cater to the stockbroking industry with a next-generation trading and investment platform powered by Artificial Intelligence (AI), Machine Learning, and technological advancements.
The platform is to provide the fastest online onboarding of clients with KYC process, investment ideas backed by specialized SEBI-registered experts, real-time portfolio tracking, and multiple broker choices for traders to open free Demat account with any of the registered brokers with zero brokerage.
It will also provide 2FA security with fingerprint and PIN-Authentication features for investors to safeguard account from external threats. Apart from this, the platform offers a wide array of investment options such as equities, IPOs, currency, bonds, ETFs, commodity etc., to make investments as per financial goals.
The platform will be free of cost and provide with proper tools necessary for trading in the financial markets. The company is to offer a multi-lingual, one-touch investment and trading platform in a common language that favoured investors and traders. The stock market app facilitates real-time tracking, add & withdraw funds on one-touch, and 24×7 support to help investors and traders make informed decisions.
In short, the company promised to provide the most powerful and comprehensive mobile app that can rival the existing, costly trading platforms in terms of features, speed, efficiency, and so on. Only thing brokers need to do is exchange paperwork to use Invest19 for free.
On this the Mr. Kaushlendra Singh Sengar, Founder & CEO at Invest19 said, “Invest19 will be more than a trading platform, providing a complete business solution to stockbroking business. We are designing this platform keeping the current market challenges; the platform is expected to increase the current market size to 3X in next 5 years. We are designing this platform in such a manner so that a new user can also invest with confidence. Trading and investment become easy with Invest19.”
He also added, “Beta version of the trading platform will be launched by July followed by the main launch in September. The company is focused to increase the capital market size in tier 3 and tier 4 cities. The platform will increase the saving and investment trend in India and will contribute towards PM’s goal of $5 trillion economy.”