Loop Mobile today announced the launch of Mobile Trading Service in in association with Destimoney for its subscribers in Mumbai.
The mobile trading service includes free live stock updates daily, secured real time trading and creation of a demat account for customers.
One need to send a toll free SMS “Trading” to 50505 (Prepaid) and 50800 (Postpaid) to activate and as a promotional offer, there is no brokerage charge for 1st month.
Any Loop Mobile customer who has internet access through GPRS can download the Mobile Trading Application using his existing unique user id and trade in equities. This platform works across multiple mobile phones. Hence, one does not need a high-end, expensive mobile to use this service.
Destimoney provided the platform used for creating device independent mobile applications and includes comprehensive device database that is updated dynamically as new devices are released to the market.
Destimoney ‘s backend technology ensures that the user will have a great experience,irrespective of the number of mobile users trading via this portal at any given point in time.