In recent years, the stock market has become increasingly accessible, thanks to user-friendly mobile trading apps. These apps provide investors and traders with tools to invest, trade, and easily track the stock market, all from their smartphones. Whether you’re a beginner or an experienced trader, choosing the right app can make all the difference in your trading experience.
In this blog, we’ll explore the top 10 trading apps in India, their features, charges, and benefits, as well as provide insights into how to start trading on mobile apps. This guide is especially useful if you’re searching for the best trading app in India for beginners or the best trading app in India to earn money.
Top 10 Trading Apps in India
Here’s a quick reference table for the top 10 trading apps in India:
| Trading Apps | Charges |
| Zerodha Kite | ₹20 or 0.03% per order (Intraday, F&O), free for equity delivery; AMC: ₹300/year |
| Upstox Pro | ₹20 per order or 2.5% (whichever is lower) for delivery; ₹20 per order for intraday & F&O; AMC: ₹150/year |
| 5Paisa | ₹20 per order for all segments including equity delivery and intraday; AMC: ₹300/year |
| Angel Speed Pro | ₹20 per order for all trades (F&O, equity, etc.); AMC: ₹240/year |
| MO Investor | ₹20 for F&O options, 0.02% for intraday; AMC: ₹199/year |
| Edelweiss Mobile Trading | ₹10 per executed order across segments; AMC: ₹300/year |
| Paytm Money | ₹10 for equity delivery; ₹15 for intraday and F&O; AMC: ₹0 |
| Sharekhan | Up to 0.50% for equity delivery; ₹20 per order for intraday; AMC: ₹400/year |
| Groww | ₹20 per order for intraday & F&O; free for equity delivery; AMC: ₹300/year |
| Fyers Investment App | ₹20 per order for all trades; AMC: ₹300/year |
Features of the Top 10 Trading Apps
Here’s a detailed breakdown of the features and benefits of the best trading apps in India:
1. Zerodha Kite
Zerodha Kite is a popular trading app in India known for its user-friendly interface and low brokerage fees. It provides educational resources to help users enhance their trading skills. Their key features are
| Feature | Description |
| High-Speed Market Data | Real-time data with advanced charts for better decision-making. |
| Sticky Order Window | Keeps order window open for placing multiple orders easily. |
| Leverage Indicator | Shows available leverage for trades, useful for equity trading. |
| In-Depth Trade Analytics | Provides detailed insights into trades and portfolio performance. |
| Advanced Fee Breakdown | Displays brokerage and STT charges for transparency. |
| Free Equity Delivery Trading | No brokerage on equity delivery trades, reducing costs. |
| Commission-Free Mutual Funds | Invest in mutual funds without commission fees. |
| High Leverage on Intraday | Offers up to 20x leverage on intraday trades for more potential. |
| 3-in-1 Account Option | Combines demat, trading, and bank accounts for easy operations. |
| IPO Applications | For convenience, directly apply for IPOs through the app. |
2. Upstox Pro
Upstox Pro is a robust trading app in India that offers a seamless trading experience with advanced features. With competitive brokerage rates and a focus on user education, Upstox Pro caters to both novice and experienced investors. Their features include:
| Feature | Description |
| Comprehensive Market Access | Trade in equities, derivatives, currency, and commodities. |
| Diverse Investment Options | Invest in gold, IPOs, and mutual funds for diversification. |
| Commission-Free Mutual Funds | Zero commission on mutual fund investments to lower costs. |
| Advanced Trading Features | Access live stock quotes, market watchers, and advanced charts. |
| Trade from Charts | Place trades directly from charts using the “TFC” feature. |
| Leverage on Intraday Trading | Get up to 5x leverage for intraday trading. |
| Sophisticated Charting Tools | Use advanced charting with over 100 technical indicators. |
3.5paisa
5paisa is a comprehensive trading app in India that combines investment and personal finance tools. The app also provides features like goal-based investing and insurance options, catering to a wide range of financial needs. Their feature includes:
| Feature | Description |
| Clean User Interface | Simple and intuitive design that ensures easy navigation. |
| Easy Access | Quick access to watchlists, order books, and portfolios. |
| Research Advisory | Personalized research and advisory tailored to individual financial goals. |
| Real-Time Market Data | Instant updates with live stock quotes and price movements. |
| Advanced Tools | Includes advanced charting options and multi-asset watchlists. |
| Basket Orders | Place multiple orders simultaneously with one click using basket order functionality. |
| Invest in U.S. Stocks | Provides the ability to invest in U.S. stocks directly from the platform. |
| Custom Watchlists and Alerts | Create personalized watchlists and set unlimited price alerts for real-time monitoring. |
4. Angel Speed Pro Trading App
Angel Speed Pro is a feature-rich trading app in India designed for active traders. With a user-friendly interface and access to a wide range of investment options, Angel Speed Pro caters to both beginners and seasoned investors. Their feature includes:
| Feature | Description |
| Diverse Offerings | Provides access to equities, commodities, currencies, derivatives, and mutual funds. |
| Live Streaming Rates | Real-time streaming rates for instant trading. |
| Investment Analysis | High-end portfolio tracker for evaluating and managing investments. |
| Real-Time News | Instant news updates and reports for market insights. |
| Excel Integration | Live market data integration directly into MS Excel for analysis. |
5.M O Investor
M O Investor (Motilal Oswal Investor) is a user-friendly trading app in India that focuses on simplifying the investment process. Their features include:
| Feature | Description |
| AI-Powered Portfolio Rebalancing | Optimize your portfolio with AI tools for better returns. |
| Value-Added Services | Includes SIP via WhatsApp, automated advice, live bot, and call-and-trade options. |
| Funding Services | Offers loans against securities, margin funding, and stock lending. |
| Comprehensive Research Reports | Detailed reports on positions, margins, and in-depth analysis. |
| Diverse Mutual Fund Schemes | Access multiple schemes from 40 asset management companies. |
| Educational Resources | Learn through online lessons, videos, and blogs to enhance your investment knowledge. |
6.Edelweiss Mobile Trading App
The Edelweiss Mobile Trading App offers a comprehensive trading experience for investors in India. With a focus on us\er experience, the app also provides research insights and personalized recommendations, making it suitable for both beginners and seasoned traders. Their features include:
| Feature | Description |
| Smooth Interface | Real-time market commentary for an enhanced trading experience. |
| Sector Performance | Provides an overview of sectoral performances for better market insight. |
| Dedicated Market Sections | Separate sections for equity, derivatives, and commodities. |
| Stock Watchlist | Track up to 100 stocks with a custom watchlist. |
| Advanced Charting Tools | Includes historical charts, live news, and stock screeners for detailed analysis. |
| Flexible Plans | Offers “Lite” and “Elite” plans to cater to different user preferences. |
7. Paytm Money
Paytm Money is a versatile trading app in India that allows users to invest in stocks, mutual funds, and ETFs with ease. It offers research tools and educational resources to help users make informed investment decisions. Their features include:
| Feature | Description |
| Diverse Investment Options | Invest in mutual funds, IPOs, equities, and NPS. |
| Higher Returns | Earn up to 1% higher returns with direct mutual funds. |
| In-House Tools | Access tools like a brokerage calculator and mutual fund advisory services. |
| Free Resources | Enjoy free trading calls and research reports for informed decisions. |
| Additional Financial Services | Offers margin funding and margin against shares for increased capital access. |
| Support Channels | Grievances are addressed via chat and email only for quick resolution. |
8. Sharekhan
Sharekhan is a well-established trading app in India that provides a comprehensive platform for stock trading and investment. It also caters to both novice and experienced traders, ensuring informed decision-making. Their feature includes:
| Feature | Description |
| Demat Account Services | Available for resident Indians and NRIs with free account opening. |
| Flexible Brokerage Plans | Pre-paid account maintenance with reduced brokerage fees. |
| Real-Time Trading Tools | Offers live prices, unlimited charts, and shortcut keys for quick trading access. |
| Product Offerings | Includes TradeTiger, Dial-n-Trade, Pattern Finder, and more. |
| Customizable Screens | Save custom screens and templates for future use. |
| Responsive Customer Support | Support is available via toll-free phone, email, and live chat. |
| Quick Fund Transfer | Integrated with 12 banks for smooth online fund transfers. |
| Variable Brokerage Charges | Charges vary based on plan and transaction value. |
9. Groww Trading App
Groww is a popular trading app in India that simplifies investment in stocks, mutual funds, and ETFs. It also provides educational resources and investment insights, empowering users to make informed financial decisions. The other features includes:
| Feature | Description |
| Investment Options | Invest in stocks, mutual funds, gold, US stocks, and fixed deposits. |
| Security | Protects customer data and transactions with encryption and verification methods. |
| Market Tools | Provides live updates, stock screener, watchlist, SIP calculator, and smart alerts. |
| Expert Guidance | Offers research reports, stock tips, and insights from expert analysts. |
| Customer Support | 24/7 dedicated customer support for resolving queries and issues. |
10 . Fyers Investment App
Fyers is a dynamic investment app in India that offers a range of trading options, including stocks, commodities, and derivatives. It also provides educational resources and low brokerage rates, making it a cost-effective choice for investors looking to enhance their trading experience. Their features include:
| Feature | Description |
| TradingView Integration | Integrates the latest TradingView tools for a better trading experience. |
| Action Icons | Icons for quick actions like position exits, fund transfers, and basket orders. |
| Improved Symbol Search | Easier script search with a “Select Exchange” option. |
| Watchlist Management | Enhanced tools for managing and organizing watchlists. |
| Position Conversion Tooltip | Tooltips to guide users in converting positions. |
| Dashboard Display | Displays client name and ID on the dashboard for easy reference. |
| Advanced Charting | Over 65 technical indicators for detailed chart analysis. |
| Extensive Historical Data | Access to 20+ years of end-of-day and 9+ months of intraday data. |
Best Trading Apps in India Other Than the Top 10
Though the top 10 apps cover the majority of traders’ needs, other noteworthy apps include:
| App Name | Key Features | Best For |
| ICICI Direct | Full-service brokerage, linked with ICICI Bank | ICICI Bank customers |
| Alice Blue | Low brokerage fees, great for intraday trading | Cost-effective trading |
| Nuvama Wealth | Advanced tools, diverse investment options | Professional traders |
| Dhan App | Simple interface, ideal for beginners | Easy-to-use for new investors |
| HDFC Securities | Seamless integration with HDFC Bank | HDFC Bank customers |
| Reliance SmartMoney | Portfolio management and research reports | Simplified portfolio management |
| IIFL Markets | Real-time market data and in-depth research | Active traders |
| Axis Direct | Integrated with Axis Bank, research-backed trading | Axis Bank customers |
| SBI Smart | Offers multiple investment options with SBI | SBI Bank customers |
Steps to Trade on a Mobile App
Trading on mobile apps is simple, even for beginners. Here’s a step-by-step guide:
- Download the App: Visit the Google Play Store or Apple App Store and download the trading app of your choice.
- Register and Open an Account: Enter personal details such as name, phone number, email, and PAN card details.
- KYC Verification: Complete the Know Your Customer (KYC) process by submitting documents like an Aadhaar, PAN card, and passport-size photo.
- Fund Your Account: Link your bank account and transfer funds into your trading account.
- Choose Stocks or Assets: Browse stocks, mutual funds, or other financial instruments available for trading.
- Execute Trades: Choose the stock you want to buy or sell, set the quantity, and execute the trade.
- Monitor Your Portfolio: Use the app’s portfolio section to track your investment performance in real-time.
Documents Required for Trading
To start trading in India, the following documents are required:
| Document Type | Examples |
| Proof of Identity | PAN card Voter’s ID Passport Driving licence Aadhaar card |
| Proof of Address | Landline bill Electricity bill Bank statement Ration card Passport Voter’s ID |
| Income Proof (Optional) | Last six months’ bank statement Three months’ salary slips Income tax return (ITR) |
| Bank Proof | Cancelled cheque Bank passbook Bank account statement |
| Additional Documents | Registered lease or sale agreement Driving license One passport-size photograph Signature on a piece of paper |
More About How The Discount Brokerage Apps Operate
A discount brokerage app is a mobile platform that allows users to trade stocks and other financial assets with lower fees compared to traditional brokers. These apps offer essential tools for trading, but they don’t provide personalized financial advice or research reports like full-service brokers. Instead, they charge a flat fee per transaction, usually ranging from ₹10 to ₹20 per trade, making them much cheaper for frequent traders.
Discount brokerage apps, like Zerodha and Upstox, charge significantly lower fees compared to full-service brokers. They provide basic services like trading and demat services but may not offer extensive research or personalized advice. These apps cater to self-directed investors who don’t need assistance in decision-making.
Key Characteristics of Discount Brokerage Apps
- Low Fees: Discount brokers offer minimal charges, making trading affordable for beginners.
- DIY Platforms: Users are expected to manage their investments without much guidance.
- Basic Features: Offers standard features like real-time data, charts, and trading tools.
- No Advisory: They typically don’t provide research reports or recommendations.
Conclusion
Finding the best trading app in India depends on your individual needs, whether you are a beginner or an experienced trader. Apps like Zerodha Kite, Upstox, and Groww provide easy-to-use interfaces and low fees, making them popular choices for new investors. For those seeking more comprehensive services, ICICI Direct and HDFC Securities offer a blend of banking and investment solutions.
Before selecting an app, consider the features, brokerage charges, and ease of use to ensure you choose the one that best suits your trading goals.
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Frequently Asked Questions
Q. Which app is best for trading in India?
A.Zerodha’s Kite app is considered one of the best for trading in India due to its low fees and user-friendly interface.
Q. Who is India’s No. 1 trader?
A. Rakesh Jhunjhunwala was regarded as India’s top trader and investor before his passing.
Q. Which broker is best in India?
A . Zerodha is widely considered the best broker in India for its low-cost structure and extensive trading tools.
Q. Which is the legal trading app in India?
A . Legal trading apps like Zerodha, Upstox, Angel Broking, and Groww are SEBI-registered and fully legal in India.
Q. Which trading is most profitable?
A. Equity trading can be highly profitable but also carries higher risk, especially with volatility.
Q. Can I be rich by trading?
A. Yes, but knowledge, experience, and a disciplined strategy are required to make consistent profits in trading.
Q. Which trading is low risk?
A. Mutual funds and bonds are considered lower-risk trading options compared to direct stock trading.
Q. Which trading is best for beginners?
A. For beginners, index funds, mutual funds, or ETFs are recommended due to their diversified nature and lower risk.
