Trading means buying and selling shares and securities of a public company over a recognized platform known as a Share Market. Trading in ordinary language can be understood as financial activities undertaken to invest capital into such channels that help the financial resources to grow. It shall always be considered that trading on shares and securities yields potential returns but is accompanied by market risk. So, trading on the share market needs prior research and analysis to manage risk. Trading over securities allows a person to grow financial resources and make money out of money.
In today’s world, where everyone wants to excel and secure their future financially, trading on shares is the most accessible opportunity. Anyone from Institutional Investors to an ordinary person can enter the share market and trade over securities with just ₹500 through SIP. The growing opportunities and ease to enter the market have made trading popular, especially among the younger generation. In the past few years, the world has witnessed a growing trend of trading, making it the most versatile investing platform.
These are the Top 10 Best Share Market Apps in India for Trading:
1. Groww App
2. ICICI Direct App
3. 5paisa App
4. Zerodha Kite
5. Upstox App
6. Edelweiss App
7. FYERS
8. Angel One
9. Paytm Money App
10. AliceBlue App
Top 10 Best Share Market Apps
1. Groww App
Google Playstore Rating: 4.6/5
Features:
- Simply designed, secured and user-friendly.
- Buy and sell orders in one move.
- Paperless account opening with the fastest KYC.
- Offers detailed information about listed stocks.
- Prices change alert notification.
- In-app customer support for speedy resolution.
- Analytical tools charts to analyse price movements and historical performance.
Specialty:
- The fastest-growing investment platforms in India.
- Free smartphone trading app available.
- Designed simply to make it easy to operate.
- No separate login for Mutual Fund investments.
Fees:
|
Transactions |
Amount (₹) |
|---|---|
| Trading Account Opening Charges |
FREE |
| Trading Annual Maintenance Charges |
FREE |
| Demat Account Opening Charges |
FREE |
| Demat Account Annual Maintenance Charges |
FREE |
|
Brokerage on Transactions |
|
| Equity Delivery |
₹ 20 or 0.05% of trade value whichever is lower. |
| Equity Intraday |
₹ 20 or 0.05% of trade value whichever is lower. |
2. ICICI Direct App
Google Playstore Rating: 4.4/5
Features:
- Trustworthy trading platform.
- Secure and simple to use.
- Offers 3-in-1 account facility (ICICI Bank Account, ICICI Trading Account, and ICICI Demat Account.)
- Services offered by all its local branches.
- Quick feedback and customer help services.
- Offer a wide range of Products.
Specialty:
- Offers 3-in-1 account facility (ICICI Bank Account, ICICI Trading Account, and ICICI Demat Account.)
- Offers multiple brokerage plans (I-Secure Plan, ICICIdirect Prime Plan, Lifetime Prepaid Brokerage Plan, and Neo Plan)
- Brokerage-Free Equity Futures trading
- Under ICICIDirect plan you can manage your own demat and bank accounts through ICICIdirect.com.
Fees:
|
Transactions |
Amount (₹) |
|---|---|
| Trading Account Opening Charges |
FREE |
| Trading Annual Maintenance Charges |
₹ 300 |
| Demat Account Opening Charges |
FREE |
| Demat Account Annual Maintenance Charge |
₹ 300 |
|
Brokerage on transactions (Neo Plan) |
|
| Equity Delivery |
0.55% |
| Equity Intraday |
₹ 20 per trade |
| Equity Futures |
NIL |
| Equity Options |
₹ 20 per trade |
3. 5paisa App
Google Playstore Rating: 4.3/5
Features:
- Offers 2-in-1 account (demat + trading account).
- Simple, safe, and keep personal details of users secure.
- Offers lowest charges of ₹10 (condition applied), in the trading world
- Offers research and analytical tools to draw and execute Derivative strategies and Portfolio Investment.
- Offers multiple trade product options including gold, peer-to-peer lending, insurance, mutual funds, and US investment.
Specialty:
- Lowest charges in the trading industry.
- Offers Value-add packs under which the first 100 trades are FREE every month.
- Offers three subscription plans (Basic, Power Investor, and UltraTrader Plan).
- Online trading is available in equity, commodity, and currency at BSE, NSE, and MCX.
Fees:
|
Transactions |
Amount (₹) |
|---|---|
| Trading Account Opening Charges |
FREE |
| Trading Annual Maintenance Charges |
FREE |
| Demat Account Opening Charges |
FREE |
| Demat Account Annual Maintenance Charges |
₹ 300 |
|
Brokerage on Transactions |
|
| Equity Delivery |
₹ 20 per trade |
| Equity Intraday |
₹ 20 per trade |
| Equity F&O |
₹ 20 per trade |
| Commodity F&O |
₹ 20 per trade |
4. Zerodha Kite
Google Playstore Rating: 4.2/5
Features:
- Available in 10 different local languages like Hindi, Kannada, Telugu, Tamil, Malayalam, Marathi, Bengali, Gujarati, Punjabi, and Oriya.
- Ease to use and requires minimal internet bandwidth.
- Single click “search” feature enabling users to gather information about different stocks in one place
- Smartphones and Anoriod Friendly.
- facility to access a range of data points for fundamental and technical analysis of stocks before trading.
- Offers multiple trade product options including CNC (Cash & Carry), MIS (Margin intraday square off), and NRML (Normal F&O).
- Includes multiple Order types like Limit (LMT) orders, Market (MKT) orders, and Stoploss or trigger (SL and SL-M) orders.
- Online fund transfer and withdrawal for Equity & Commodity account.
Specialty:
- Available in local languages of India.
- Use minimal internet bandwidth ensuring access to a trading platform by Rural People.
- Advanced charting feature that offers chart types like Helkin-Ashi, Kagi, Linebreak, Point and Figure Charts, Range Bars, HeikinAshi Charts, and Renko Charts.
- In-built analytical tools that help users to conduct fundamental analysis.
- ‘Stock Widget‘ feature to have a look at data from the Market-watch and holdings features.
Fees:
|
Transactions |
Amount (₹) |
|---|---|
| Online equity trading account opening charges |
₹ 200 |
| Online demat account opening charges |
₹ 200 |
| Online Commodity opening charges |
₹ 100 |
| Offline Equity trading, demat and commodity account opening charges |
₹ 400 |
| Account Maintaining Charges (Annually) |
Starting ₹ 300 |
| Charges related to Equity delivery investments |
FREE |
| Charges related to Mutual fund investments |
FREE |
| Intraday and F&O trades charges |
₹ 20 or 0.03%, whichever is lower per trade on all options |
5. Upstox App
Google Playstore Rating: 4.2/5
Features:
- Offers buy and sell orders at one click.
- Easy and user-friendly.
- Offers search tools to find suitable securities.
- Price alert notifications.
- Advanced chart tools available with 100+ technical indicators.
- Facility to create personalized watch lists.
- Provides real-time market feeds.
Speciality:
- No charges for online account opening.
- No software uses charges.
- Offer up to 20x leverage in intraday.
- Offers Upstox MF Platform to invest in Mutual Funds.
- Upstox Pro Web Trading Platform that helps to monitor the current market going.
- Upstox Bridge for AmiBroker facility offered to draw and execute the investment strategies.
Fees:
|
Transactions |
Amount (₹) |
|---|---|
| Trading Account Opening Charges |
FREE |
| Trading Annual Maintenance Charges |
₹ 177 |
| Demat Account Opening Charges |
FREE |
| Demat Account Annual Maintenance Charges |
₹ 150 |
|
Brokerage on Transactions |
|
| Equity Delivery |
₹ 20 per trade or 2.5% whichever is lower |
| Equity Intraday |
₹ 20 per trade or 0.05% whichever is lower |
| Equity Futures |
₹ 20 per trade or 0.05% whichever is lower |
| Equity Options |
₹ 20 per trade |
6. Edelweiss App
Google Playstore Rating: 4.2/5
Features:
- Offers quick access with a one-step login process.
- Allows trading across various exchanges (BSE, NSE, MCX and NCDEX).
- Facility to create personalized watch lists of up to 100 stocks per list.
- Provides live streaming of feeds across the NSE, BSE and MCX.
- Offers Analytical tools and charts with detailed information on listed stocks
- Ensures secure fund transfers from multiple banks along with the UPI facility.
Speciality:
- Versatile trading app with zero compatibility.
- Offers tools for analysing the stocks and advice on executing investing plans.
- Live streaming of data across various exchanges.
- Secure fund transfer facility in one click.
Fees:
|
Transactions |
Amount (₹) |
|---|---|
| Trading Account Opening Charges |
FREE |
| Trading Annual Maintenance Charges |
FREE |
| Demat Account Opening Charges |
FREE |
| Demat Account Annual Maintenance Charges |
₹ 500 (1st year) |
|
Brokerage on Transactions |
|
| Equity Delivery |
₹ 10 per Trade |
| Equity Intraday |
₹ 10 per Trade |
| Equity Futures |
0.03% |
| Equity Options |
₹ 75 per lot |
| Currency Futures |
0.02% |
| Currency Options |
₹ 20 per lot |
7. FYERS
Google Playstore Rating: 4.2/5
Features:
- Simple, easy and secure trading platform.
- offers trading in Equity Cash, F&O and Currency Derivatives segments at NSE.
- Offers Thematic Investing wherein there are hundred of predefined themes which users can select to invest in.
- ensure transparency in fees and charges.
- Single margin account.
- Offers buying and selling of theme in one move.
Speciality:
- Free equity delivery trading.
- Thematic Investing with unique features.
- Predetermined portfolio as per theme selected by investors.
- Themes are available for free to users.
Fees:
|
Transactions |
Amount (₹) |
|---|---|
| Trading Account Opening Charges |
FREE |
| Trading Annual Maintenance Charges |
FREE |
| Demat Account Opening Charges |
FREE |
| Demat Account Annual Maintenance Charges |
₹ 300 |
|
Brokerage on Transactions |
|
| Equity Delivery |
FREE |
| Equity Intraday |
₹ 20 per trade or 0.03% whichever is lower |
| Equity/Commodity/Currency Futures |
₹ 20 per trade or 0.03% whichever is lower |
| Equity/Commodity/Currency Options |
₹ 20 per trade |
8. Angel One
Google Playstore Rating: 4/5
Features:
- Simple, easy and secure trading platform.
- Access to charts and analytical tools for making investment decisions.
- Angel One’s expert opinion and suggestions in portfolio creation.
- Offers both calls and puts options together and even separately.
- The user can choose the option data according to them.
- Provides market data for trading, research and analysis, and Investment.
- Price alert notification.
Speciality:
- Investors can seek experts’ help regarding investment in one click.
- Strong and systematic customer support.
- Customized notification management facility.
- Facility to create and navigate the Option Watchlist based on the index, option type and expiry date.
- Free advisory/tips for stocks and mutual funds.
- No charges for NEFT/fund transfers.
Fees:
|
Transactions |
Amount (₹) |
|---|---|
| Trading Account Opening Charges |
FREE |
| Trading Annual Maintenance Charges |
FREE (for 1st Year) ₹ 20 per month + taxes (2nd year onwards) |
| Demat Account Opening Charges |
FREE |
| Demat Account Annual Maintenance Charges |
₹ 240 |
|
Brokerage on Transactions |
|
| Equity Delivery |
FREE |
| Equity Intraday |
₹ 20 per trade or 0.25% whichever is lower |
| Equity F&O |
₹ 20 per trade or 0.25% whichever is lower |
| Currency F&O |
₹ 20 per trade or 0.25% whichever is lower |
| Commodity F&O |
₹ 20 per trade or 0.25% whichever is lower |
9. Paytm Money App
Google Playstore Rating: 3.8/5
Features:
- Safe and secured with the latest encryption standard.
- User-friendly as it is simple and easy to use.
- Fully Digital KYC and 100% paperless account opening.
- Price alert notifications.
- One App stoppage for trading, research, analysis, and Investment.
- Facility to create personalized watch lists of up to 50 stocks.
- Facility to access charts, indicators, and drawing tools.
- In-app Brokerage Calculator access.
- Complete information related to historical price data and other information of all listed securities.
Speciality:
- Fastest-growing online trading platform with around 6 million users.
- Two-factor authentication feature to safeguard the personal details of the users.
- Supported by all Android and iOS smartphones.
- Smart notifications indicating price alerts.
- Real-time market data is available along with real-time market depth.
Fees:
|
Transactions |
Amount (₹) |
|---|---|
| Trading Account Opening Charges |
₹ 200 |
| Trading Annual Maintenance Charges |
₹ 300 |
| Demat Account Opening Charges |
FREE |
| Demat Account Annual Maintenance Charges |
FREE |
|
Brokerage on Transactions |
|
| Equity Delivery |
₹ 15 per Trade or 2.5% whichever is low |
| Equity Intraday |
₹ 15 per Trade or 0.05% whichever is low |
| Equity Futures |
₹ 15 per Trade or 0.02% whichever is low |
| Equity Options |
₹ 15 per Trade |
10. AliceBlue App
Google Playstore Rating: 3.3/5
Features:
- Offers stock and commodity trading services at BSE, NSE, and MCX.
- Offers multiple trading tools like Advisorymandi, Alice Algo, ANT IQ, Alice Blue Mutual Funds, Smallcase, etc.
- Free trading software for all its customers.
- Offers multiple brokerage plans as per the demand of investors.
- Zero commission Mutual Fund Investment in one click.
- Offers advice regarding Technical and Fundamental Analysis Strategies.
Specialty:
- Offers multiple trading tools and is versatile.
- No Equity Delivery brokerage charges.
- Facility of Trade school to initiate online learning of investment concepts and trading skills.
- Facility to maintain personalised watchlist.
Fees:
|
Transactions |
Amount (₹) |
|---|---|
| Trading Account Opening Charges |
FREE |
| Trading Annual Maintenance Charges |
FREE |
| Demat Account Opening Charges |
FREE |
| Demat Account Annual Maintenance Charges |
₹ 400 |
|
Brokerage on Transactions |
|
| Equity Delivery |
FREE |
| Equity Intraday |
₹ 15 per order or 0.05% whichever is lower |
| Equity/ Currency/ Commodity Future |
₹ 15 per order or 0.05% whichever is lower |
| Equity/Commodity Option |
₹ 15 per trade |
| Currency Option |
₹ 10 per trade |
What are the Reasons for the Popularity of Trading?
- Easy Accessibility: Technological advancement and the internet have made it possible for ordinary individuals to access online trading platforms through websites and mobile apps at any time. This ease in a world of investment has made trading popular.
- Potential Return: With proper knowledge, research, analysis, and strategies, one can channel their fund through trading to earn a high return. A high return on trading has caught the eyes of all investors in recent years. However, it should always be remembered that potential return on trading is always accompanied by market risk.
- Diversification: Another main reason behind the popularity of trading has been the diversified portfolio offered by it. Trading allows investors to invest in different share market securities (like stocks, bonds, commodities, and debentures) at the same time to distribute the risk across various asset classes.
- Liquidity: One of the best features of trading on shares is the degree of liquidity. Liquidity means how easily the investment can be converted into cash. Shares are freely traded over the share market, so the investor can withdraw the investment at any point of time by selling the securities.
- Flexibility: Trading grants flexibility and independence to investors regarding investment decisions. Based on their own analysis, strategies, and requirements, they execute their trading as per their judgment and need.
- Control Management: Trading permits investors to take control of their financial and investment decisions. They actively manage their portfolios and make trading decisions based on their own analysis and strategies. Trading makes controlling finance easier even for ordinary investors.
- Risk Management: Trading on securities is always associated with risk, so investment in securities needs prior research. This proper analysis and research conducted before trading on securities helps in managing market risks including economic, social, political, and internal risks.
- Regulatory Authority: Share Markets are regulated by government authorities that secure and safeguard the interest of investors. This promotes fair trading practices and brings transparency. Such Government interference has positively boosted the confidence of investors in securities.