We live in a world where everything is at the tip of our fingers. The smartphone allows you to do almost everything from the comfort of your own home.
Trading has been a part of human history for a long time. It’s time to stop with the old-fashioned methods and paperwork. Now no need to go stock market, You can do trading by sitting at Home. In this article, we are going to tell you which are the best trading apps in India.
So You can do all the stock market activities with your phone. It’s easy, fast, and accessible. The only thing you need to do is create a demat account on any of the trading apps below. You’re ready to start trading with your phone.
List of the Best Trading Apps in India
Currently, there are a lot of trading apps available on the market. Our goal is to help you choose the best trading app. Therefore, we have compiled a list of the top 15 best trading apps in India.
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Zerodha Kite
Zerodha is one of the most popular trading app in india. This app is available for both Apple and Android devices. It is the best trading app because of its trading volume compared to other apps.
Available on – Android | IOS
Features
- Easy buying and selling.
- Unchallenging and friendly user interface.
- Live market dissection.
- Convenient for different types of trading.
Pros
- It can be used in 10 different regional languages.
- Works well even with shaky internet.
- It provides an amazing platform for beginners and advanced users.
Cons
- Account opening is a bit sluggish and slow. Involves lengthy processes.
- You can’t invest in IPO and Mutual Funds.
- You also can not invest in foreign markets. Limited to Indian markets.
- Charges account-making fee.
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Upstox
Upstox is owned by Upstox PRO. A popular name in trading apps. It provides you with the education to make the right investment decisions. Astonishing rating of 4 out of 5 across platforms. The App has over a crore download over different mobile devices.
Features
- Availability of universal search tool
- Live technical indicators
- Instantaneous alerts and updates
Pros
- Option of limiting the market order.
- Friendly user interface. Beginners can easily be accommodated.
- Their website and App provide a smooth user experience.
Cons
- Fewer features compared to others.
- Charges for making accounts and annual managing charges are also there.
- No offices are available near you. They only have an online presence.
- Does not provide any help regarding education and research material.
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Paytm Money App
If you use wallets, you surely know Paytm. The offers provided by them are eye-catching. They offer no commission plans on mutual funds and many more. The popularity of the brand makes it the best trading app in India.
Features
- Simple design. Everything is almost self-understood.
- Easy to understand. The App does not complicate things. So let’s focus on things that matter.
- All details are transparent.
Pros
- For better safety, it has two-factor authentication.
- Backed by known investors.
- Easy for beginners and people new to the online world.
Cons
- Compared to other apps. It is new. Having been in the market from 2017 only.
- Charges for managing the account.
- It does not provide any offline assistance. It has only an online presence.
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Grow App
Groww app made investing more accessible, faster, and transparent in India. It has over 30 million users. Team of 500 members. And a rating of 4.6 across platforms. It is also backed by the CEO of Microsoft, Satya Nadella.
Features
- One-click order placements.
- Simple user design.
- Easy customer helps are available.
- Low commission fee.
Pros
- The withdrawal limit is either 50,000 or 90 percent of the investment.
- It doesn’t charge for opening an account.
- Doesn’t charge any annual management fee
Cons
- No advanced order options in the App.
- You cannot call and trade. This service is missing.
- Does not provide any material for study and research purposes.
- 3 in 1 account is not available.
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Angle One App
A company led by technology. They provide services either online or through their registered personnel. Services like proving loans, education about investing, advice on investments, and more
Features
- Fluent buying and selling
- The quality of graphical representation is high.
- Best trading option for beginners. As they offer training for new users.
Pros
- Very low commission charges.
- Allows you to invest in a new IPO.
- No charges on NEFT.
- Free tips on the stock market.
Cons
- Does not support e-wallets.
- Margin funding is confusing.
- SME shares are not available.
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5paisa App
It uses the best technologies in the market to provide you with the best online trading practices in India. Check out their super saver packs.
Features
- Smart portfolios advocated by experts for you.
- Avails in different courses to learn more about trading.
- Effective tools for better trading.
- Low order execution charges.
- Provides a variety of products to invest in.
Pros
- One-click order placements.
- No charge or commission on mutual funds.
- Free and hassle-free account-making process.
- It has many local languages as well.
Cons
- Commodity trading is missing.
- 3 in 1 account is also missing.
- Call and trade are offered after some charges in some plans.
- The optimum plan lacks research and advisory option.
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Edelweiss App
9 lakh clients are using it across platforms. It gives you a more human touch compared to other trading apps. For easier access, it also provides a single-touch login feature.
Features
- Best investing tools.
- Provides information that helps in decision making.
- Graphical representation at your fingertips.
Pros
- Quick account-making process.
- No account-making charges and no annual management charge.
- Provide free tips on the stock market.
- They are available offline as well. They have offices and branches.
Cons
- Trade by the call is expensive.
- High commission charges compared to others.
- 3 in 1 account is missing.
- GTC (good till good) option is also missing.
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Kotak stock trading app
The App is available for both iOS and Android devices. It offers a number of features to improve the user’s experience. It also ensures security, a well-known name in the Indian financial world.
Features
- Live charts and tips.
- Features available for freshers and advanced users.
- Various security layers.
- They have more than 20 years of experience.
- It avails you 3 in 1 account. Meaning you can have banking, trading, and Demat account in one place.
Pros
- Live movements and quotes.
- Offline offices are available across 300 cities.
- 3-in-1 account facility available.
- Plans with low charges.
Cons
- A limited number of payment methods.
- Zero brokerage is available to only 30-year-old investors.
- High commission charges.
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HDFC Securities App
This App is one of the most convenient apps on the list. It has more than 11 lakh downloads. And a rating of 4.2.
Features
- Login by fingerprint for more security.
- Gold options are also available.
- The right option for traders all over the world.
- Availability of 3 in 1 account.
- Variety of plans to choose from.
Pros
- Live charts for better understanding.
- Global suitability. Invest across the world.
- It avails you to trade in both NSE and BSE.
Cons
- Expensive. Commission charges are very high.
- Doesn’t lets you trade in commodities.
- Only a Banker can have 3 in 1 account facility.
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IIFL MARKETS App
One of the best trading apps for research and reports. It boasts an uncomplicated user experience. It has over 50 lakhs of downloads across the platforms.
Features
- Investing on all platforms BSE, NSE, NCDEX, MCX
- Reliable research reports for you to understand the market better.
- It provides NRI trading.
- It also provides research and tips on the stock market.
Pros
- Variety of features.
- No opening account charges.
- Offer a variety of products to invest in.
- Forefront option like Valid Till Date(VIT) is also available.
Cons
- No demos.
- They only have Indian companies.
- They don’t have 3 in 1 account.
- Charges for call and trade are high.
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FYERS Markets
Their USP provides faster speed to traders investing with their App. Best trading app for advanced users. It has over 1 lakh users across different platforms.
Features
- Live graphical representations to make better decisions.
- Progressive charts for better understanding.
- You can also trade from charts.
- Free and quick account making.
Pros
- Zero charges. Very clear about fees.
- The latest options are available.
- You can also refer and earn with your friends.
Cons
- Mutual funds are not available.
- High initial charges.
- Comparatively high exchange charges.
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Sharekhan mobile app
It has over 11 lakhs downloads across platforms. Offers all major trading features including advanced charts, measurement tools, and a watchlist. While the app has several basic and advanced tools, some of the promising features are also the main reason to consider it the best trading app.
Features
- Levelled up security.
- Reliable for day-to-day traders.
Pros
- Workshops and online classes for investors.
- Different brokerage to different people. According to the use.
- No charge for call and trade. Free.
- Offline sharekhan offices are available nearby.
Cons
- Missing 3 in 1 account.
- Commission charges are higher comparatively.
- Classic account users can not trade commodities.
Conclusion
Through this article, we wanted to convey that world has now shifted to digital ways. And we brought you the best in business trading apps in India. So try them and choose the best.
FAQ
- Do orders get placed immediately?
Orders placed on the App get placed quickly. However, this is not always the case. You must check and recheck to be sure at all times. There are a lot of factors due to which delays can happen. Example-: internet speed, market volume, and other system issues.
- Are there any fees?
This depends on different trading app policies. Some charge you, and some do not. You will have to find out and choose an app.