A little more about the features on our app
A little more about the features on our app…
At Dabbl, we want to make buying shares as accessible as we possibly can - for everyone. To help with this, we’re running a series of blog posts covering a wide range of topics which impact the world of business, finance and investing. These snapshots have been carefully crafted to cut through the jargon and highlight some of the most important facts to consider in each subject and here we’re going to provide more detail as to how some of the dabbl features work.
People can buy and sell shares any time the relevant exchange is open for business. In London, that’s usually 8am to 4.30pm on weekdays. However, there are costs associated with every trade which is placed. To help cut costs and make buying shares more affordable, at 3pm every day the market is open, dabbl adds up all the orders and places them in one go.
dabbl also offers a ‘buy now’ option for people who don’t want to wait until the 3pm deadline to place a trade. As this involves more processing from both dabbl and our brokers, there’s a higher charge for the ability to trade immediately.
This is the same as the aggregated trade we discuss above. Buy later simply means that your order will be bundled up with those of all the other dabbl’rs and processed in bulk at 3pm.
The dabbl app presents relevant information on each company using a simple, at a glance structure. One such metric is the health score, which is a number between 0 and 100, calculated by combining the value, profit growth, past performance cashflow and dividends as provided to us by a third party, Heckyl limited. Each company’s card provides details of the health score, whilst the discover screen of the dabbl app allows you to find out with a single tap which company’s health indicator is most improved. i.e. trending higher - or alternatively falling the fastest by trending lower.
If you’re not ready to start investing, or just want to see how the share prices of various companies perform over time, the watchlist functionality is here to help. Just clicking on the “eye” button next to any stock will add that to a list. Then stop by in the future, see whether those stocks have risen or fallen in value over time - and have the ability to place an order whenever you want.
We’ve built Dabbl to help you buy shares in the brands and companies you love. Anyone can Dabbl. For information purposes only, not intended to constitute any financial advice from us. The customer should assess the risk of potential loss carefully and individually before investing any financial products.
Dabbl Group Limited is an appointed representative of VIBHS Financial Ltd, which is authorised and regulated by the Financial Conduct Authority, under the reference number 613381.© 2016 Dabbl Group Limited. Dabbl ® is the trading name of Dabbl Group Limited (Company no. 09145174) a company registered in England and Wales.
Remember, with investing your capital is at risk, and the amount you get back may be less than you originally invested.