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10 Best Stock Trading Apps in India

Last Updated : 29 Apr, 2024
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Gone are the days when people used to contact the broker physically and used to set orders over the cellphone. Stock trading apps in India have changed the way people invest, making it reachable and convenient for absolutely everyone. These mobile apps can help you Buy and sell stocks, Monitor markets, and manage your portfolio all at once.

Stock trading apps have empowered a brand new technology for retail traders in India. With expanded monetary literacy and growing disposable incomes, more and more people are taking control of their economic future by participating in the inventory marketplace. Choosing the right stock trading app can be crucial for your investment journey in India. Here’s a quick introduction to the 10 Best Stock Trading Apps in India:

Zerodha Kite

Zerodha Kite is a widely popular stock trading app in India, known for its user-friendly interface, advanced features, and low brokerage fees. Whether you’re a seasoned investor or just starting out, Zerodha Kite offers a robust platform to manage your trades.

Zerodha Kite

Features

  • Has a clean and clutter-free design
  • Known for its discount brokerage model

Pros

  • Can Place multiple orders at the same time
  • Offers a huge set of tools for in-depth analysis

Cons

  • Relies primarily on online resources and forums
  • Doesn’t offer investment advice or portfolio management services.

Link: https://zerodha.com/

Upstox Pro

Upstox Pro is a trading app known for leveraging your buying power with margin financing. It offers trading charges of ₹20 per trade. Its rating is 2.57. Upstox Pro is designed to provide a platform for traders to execute trades efficiently and effectively, with features tailored to meet the needs of active traders.

Upstox Pro

Features

  • Analyzes market trends with a vast library of technical indicators and drawing tools.
  • Leverages your buying power with margin financing.

Pros

  • Focuses on features and functionalities suited for frequent trading and in-depth analysis.
  • Keeps Updated with live news top of market movements

Cons

  • Unlike some brokers, Upstox Pro charges a brokerage fee.
  • Doesn’t provide investment advice or portfolio management services.

Available on- Web-based platform accessible through browser on both Windows, iOS

Price:

  • ₹0- Brokerage
  • ₹20- Equity Intraday, F&O, Currency & Commodity
  • ₹20- Equity Intraday, F&O, Currency & Commodity

Link: https://upstox.com/

5paisa

5paisa is a famous Indian inventory trading app recognized for its low brokerage fees and person-friendly interface. It caters to both new and skilled investors in search of a value-powerful way to manage their trades.

5paisa

Features

  • Flat brokerage fee of Rs. 20 per order, regardless of trade size or segment.
  • Trades in equities, currency, and mutual funds, all within the 5paisa platform.
  • Analyzes market trends with essential charting functionalities and technical indicators.

Pros

  • Choose a plan that suits your needs and trading activity.
  • Trade across various asset classes under one platform.
  • Easy to navigate, making it suitable for new investors.

Cons

  • Doesn’t provide investment advice or portfolio management services
  • Free customer support is limited, with additional charges
  • Doesn’t offer a combined trading, demat, and bank account like some brokers.

Available on- Offers mobile apps for both iOS and Windows

Price:

  • Stocks- ₹20 For All Trades
  • Super Saver Packs- ₹10 For Smart Trades *
  • Mutual Funds- ₹0 Commission

Link: https://www.5paisa.com/

ICICI Direct

ICICI Direct, supplied by ICICI Securities, is a nicely-set up on-line buying and selling platform in India. It caters to seasoned investors in search of a comprehensive suite of capabilities, research gear, and access to diverse investment products.

ICICI Direct is an amazing platform for experienced traders who value in-depth research, various investment options.

ICICI Direct

Features

  • Integrated trading, demat, and bank account, all offered at one place
  • Place orders that remain valid until you cancel them or the conditions are met, offering flexibility in your trading strategy.

Pros

  • Gives access to valuable research resources.
  • Diversifies your portfolio across various asset classes under one roof.

Cons

  • ICICI Direct’s fee structure is slightly higher.
  • Free customer support options might be limited

Available on- Available app on IOS

Price- Rs.20

Link: https://www.icicidirect.com/

Kotak Securities

Kotak Securities is a well-established online buying and selling platform in India. It caters to traders looking for a comprehensive suite of capabilities, research gear, and access to various investment products.

Kotak Securities

Features

  • Manages your finances efficiently from a single platform.
  • Trade in equities, derivatives (F&O), IPOs, mutual funds and bonds

Pros

  • The 3-in-1 account simplifies investment management.
  • VCTO orders provide control over your trading strategy.

Cons

  • Compared to discount brokers, ICICI Direct’s fees is slightly higher.
  • The platform primarily focuses on traditional investment products

Available on- Options for both Windows and iOS

Price:

  • TRADE FREE YOUTH- Rs 99
  • TRADE FREE PLAN- Rs 299

Link: https://www.kotaksecurities.com/

Angel Speed Pro

Angel Speed Pro is an internet buying and selling platform designed for energetic buyers in India. Angel Speed Pro is satisfactory perfect for knowledgeable and energetic buyers who prioritize speed, overall performance, and superior functions for executing complex buying and selling strategies.

Angel Speed Pro

Features

  • Lightning-fast order execution and a smooth trading experience
  • Stay informed with live quotes, market depth, and breaking news to make timely trading decisions.
  • Conducts in-depth technical analysis with a vast library of technical indicators, drawing tools.

Pros

  • Ideal for active traders who require fast order execution.
  • Powerful charting tools to identify trading opportunities and make informed decisions.

Cons

  • Doesn’t provide investment advice or portfolio management services.
  • Compared to some discount brokers, fees is higher, especially for low-volume traders.

Available on- Only available for Windows and not for iOS

Price- FREE

Link: https://www.angelone.in/angel-speedpro-demo

GROWW APP

Groww is a famous cellular app and net platform in India designed to simplify making an investment for absolutely everyone. It caters to each beginners and skilled investors in search of a convenient and person-pleasant manner to control their portfolios. Groww is a superb suit for novices and those searching for a person-friendly platform for investing in mutual funds and fractional shares. It’s also suitable for buyers with a protracted-term investment horizon who price comfort and coffee expenses.

Groww

Features

  • A clean and clutter-free design, makes it easy to navigate for new investors
  • Can Open a demat account entirely online with minimal paperwork.

Pros

  • Easy to navigate, making it suitable for new investors.
  • Open a demat account entirely online, saving time and effort.

Cons

  • Doesn’t provide personalized investment advice
  • Have charges for inactive accounts.

Available on- Offers its mobile app for iOS devices only

Price- Rs. 20

Link: https://groww.in/

MO Investor

MO Investor is an internet funding platform in India supplied by using Motilal Oswal. It caters to buyers seeking a handy manner to control each equities (shares) and mutual price range inside a particular platform. It caters to those comfortable with some studies and analysis but do not require complete-provider brokerage features.

MO Investor

Features

  • Utilize various order types like market orders, limit orders, and stop-loss orders
  • Trade and manages your investments conveniently from the user-friendly mobile app or web platform.

Pros

  • Provides a convenient way to invest regularly in mutual funds.
  • Trade and manage your investments on the go with the mobile app.

Cons

  • Has a limited selection of stocks or mutual funds
  • Limited offerings for other asset classes like derivatives or commodities

Available on- Options for both Windows and iOS

Price: Ranges from Free plan to Rs 199

Link: https://www.motilaloswal.com/

Edelweiss Mobile Trading App

The Edelweiss Mobile Trading App is an effective platform designed for lively investors in India who require in-intensity marketplace analysis and superior features for making knowledgeable investment choices.

Edelweiss

Features

  • Executes complex trading strategies efficiently with basket orders
  • Allows Access fundamental research reports to analyze company financials.

Pros

  • Stay informed with live data and news to make timely trading decisions.
  • Gain insights into options trading with dedicated analysis tools.

Cons

  • Brokerage fees might be on the higher side compared to discount brokers.
  • Extensive charting and real-time data can lead to higher data consumption on your mobile device.

Available on- App is not available for Windows

Price:

  • EQ Delivery-Rs.10/ order
  • EQ Intraday-Rs.10/ order
  • EQ Futures-Rs.10/ order
  • EQ Options-Rs.10/ order
  • CUR Futures-Rs.10/ order
  • CUR Options-Rs.10/ order

Link: https://www.nuvamawealth.com/

Paytm Money

Paytm Money is a mobile app and net platform by way of Paytm, a famous virtual payments platform in India. It caters to those searching for a handy way to invest in numerous asset training while leveraging the familiarity of the Paytm ecosystem.

Paytm Money is a good fit for beginners or present Paytm users looking for a convenient way to invest in mutual funds, digital gold, and stocks with a consumer-pleasant interface.

Paytm Money

Features

  • Can Invest in fractional units of digital gold for diversification and potential hedge against inflation.
  • Sets up automated investments in mutual funds for disciplined wealth creation.

Pros

  • Provides an avenue to invest in gold for diversification.
  • The app is easy to navigate, making it suitable for new investors.

Cons

  • Provides limited research and analysis tools
  • Doesn’t offer personalized investment advice
  • Fee structure is higher than discount brokers

Available on- Does not have a dedicated application for Windows PCs

Price: Free

Link: https://www.paytmmoney.com/

Comparison Table

Trading Apps

Top Features

Trading Charges

Ratings

Zerodha Kite

Known for its discount brokerage model

Rs 20

4.5

Upstox Pro

Leverages your buying power with margin financing

Rs 20

2.57

5paisa

Flat brokerage fee of Rs. 20 per order, regardless of trade size or segment

Rs 20

2.4

ICICI Direct

Integrated trading, demat, and bank account, all offered at one place

Rs 20

3.6

Kotak Securities

Places orders that remain active until you cancel them or the conditions are met

Rs 99 to Rs 299

2.7

Angel Speed Pro

Ideal for active traders who require fast order execution

Free

3.5

Groww App

Can Open a demat account entirely online with minimal paperwork

Rs 20

4.5

MO Investor

Sets up automated investments in mutual funds for long-term wealth creation through rupee-cost averaging

Rs 0 to 199

2.2

Edelweiss Mobile Trading App

Analyzes market volatility and makes informed decisions using advanced volatility analysis tools

Rs 10 per order

4.3

Paytm Money

Can Invest in fractional units of digital gold for diversification and potential hedge against inflation

Rs 20

3.3

Conclusion

The Indian stock marketplace offers a various choice of cell buying and selling apps to cater to various investor needs. From beginner-pleasant structures like Upstox and Paytm Money with low charges and simple interfaces, to feature-wealthy systems like Angel Speed Pro and Edelweiss Mobile Trading App designed for active buyers with advanced analysis gear, there is an app to in shape each investor profile.

Consider factors like prices, account kinds, research equipment, and funding options before making your desire. Remember, there may be no one-size-suits-all solution, so explore your options and pick the platform that aligns satisfactory with your investing adventure.

FAQs – 10 Best Stock Trading Apps in India

Which app is fine for beginners?

Upstox, Paytm Money, provide consumer-pleasant interfaces and basic studies appropriate for new investors. Groww additionally stands out with its focus on fractional stocks and SIPs for novices.

What are some desirable cut price agents for low charges?

Zerodha Kite, 5paisa, and Upstox are recognised for their flat fee structures, making them ideal for common traders or those beginning with smaller investments.

Which apps offer advanced functions for energetic traders?

Angel Speed Pro and Edelweiss Mobile Trading App cater to lively investors with huge charting equipment, advanced order kinds, and in-depth market analysis talents.

What if I want a platform with studies and a much broader range of funding options?

ICICI Direct and Kotak Securities offer comprehensive research equipment and technical evaluation, and access to diverse asset lessons like equities,and mutual finances.

Can I spend money on mutual finances directly through these apps?

Yes! Upstox, Paytm Money, Groww, and MO Investor permit direct mutual fund investments with out extra commission charges from the platform (even though mutual fund price ratios apply).



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