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EFG Hermes One New Trading App – What Is It and What Does it Do?

BY Soko Directory Team · August 11, 2021 04:08 pm

KEY POINTS

EFG Hermes One App is a stock market application offering a ton of information and trading capabilities for anyone looking to or is invested in the equities market.

Investing in the stock market is a big part of the financial planning puzzle for almost everyone. It is a big place producing a lot of useful information every day, and technology has made it much easier for anyone to start investing online.

Of course, diving into the market might seem like a big step, especially for beginner investors, but the proliferation of new digital tools, keeping up with specific stock and the market, in general, is much easier.

There is an entire industry and numerous web-based platforms that track and analyze stock market results. Generally, some help you to build and manage your portfolio whereas others provide news and analysis on market trends. However, a smaller number provides the full experience: information to make a decision and execution capabilities to act on that information in trading either to buy or sell securities. One such app is the EFG Hermes One App in Kenya.

EFG Hermes One App is a stock market application offering a ton of information and trading capabilities for anyone looking to or is invested in the equities market.

EFG Hermes, the leading financial services corporation in Frontier Emerging Markets (FEM) with wide presence in 13 countries across 4 continents and the leading brokerage firm in Kenya has launched a trading app that is your number one finance destination for trading the markets and tracking the economy. In a nutshell, it allows you to trade stocks and stay on top of the equities market with personalized news and alerts.

Better yet, it provides real-time stock information, allows you to check your stocks, cash, total balance, and see your holdings, and pending orders. It also allows you to withdraw or deposit funds, view your transfer history, and you can even use your Bonga Points to fund your account and more!

Features of EFG Hermes One App

The EFG Hermes One app provides a perfect way to trade and track stocks in Kenya. It provides users with one-click access to a world of opportunities with a user-friendly and easy-to-navigate interface that allows users to trade through their desktops, tablets, or mobile phones.

This dynamic tool provides live quotes and charts for all stocks listed on the Nairobi Stocks Exchange (NSE). Giving you full access to the securities that trade on the NSE.

EFG Hermes One app primarily allows you to execute trades and place, track, review, edit, and cancel open orders with just one tap.

One of the best features of the app is its comprehensive ability to allow you to create and customize a specific portfolio to keep watch of stocks you’re interested in. Furthermore, the app allows you to see the depth of the market, so you can see the number of bids and offers there are in a stock and at what price, and you can set a specific order instruction, for example with a price limit – giving you total control.

As such, you can build, monitor, and customize equity watch lists for individual stocks, stock portfolios, and investment portfolios in real-time.

Far from the watch lists, users can also access comprehensive portfolio reports, featuring key information including executed trades, dividend payments as well as a provision to review order history and invoices on their transactions.

For each of the different stocks trackable through the app, users can receive customizable alerts for the changes in price, percentage changes, or volume.

In a nutshell, you can use the EFG Hermes One app to:

  • Place buy and sell orders in real-time for immediate execution online with the ability to track executed and open orders
  • Check your portfolio in real-time anywhere, anytime, and build your own customized watch lists
  • Get live stock quotes, see the depth of the market, place an order — then review, edit or cancel your orders with just one tap
  • Check your cash position with just one tap

Helpful Tips While Using EFG Hermes One App

To get the most out of the EFG Hermes One app:

  • Make sure that you follow all the stocks you are interested in by searching for them through the app
  • Create multiple watch lists to organize and keep track of the stocks you follow
  • Allow all the relevant notifications for order alerts, news, reports, and more
  • Sync your portfolios across devices

The EFG Hermes One offers a quick and efficient onboarding process. You can download the application and sign up to create an account by entering your personal information and submitting them on the app to begin the process right away.

The application is available for download on the Apple App Store and Google Play Store.

Soko Directory is a Financial and Markets digital portal that tracks brands, listed firms on the NSE, SMEs and trend setters in the markets eco-system.Find us on Facebook: facebook.com/SokoDirectory and on Twitter: twitter.com/SokoDirectory

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