Best Trading App in India

Buying and selling a company’s stock is referred to as stock trading. Purchasing equity assets entails purchasing a portion of the firm ‘s ownership. You may purchase shares online or through a mobile app and then sell them when the price increases, making money in the process.

In this post, we will discuss several features of the top trading apps in India in order to assist you in determining which one is the best trading app in India.

Things to Check Before Considering Best Trading App for You

Here are some checks & balances you can consider while selecting best investing app in India:

• Order Types

Always seek for one that has sophisticated order placement features. Limit orders, bracket orders, and so on are examples. This function may be really beneficial when it comes to increasing profits when trading.

• Technical Support

Check the availability of technical support as one technical glitch can ruin a major amount of capital in a single trade. Most of the companies provide it. However, how much time they take to help can really change your views.

• Technical Issues

Every platform faces technical issues and trading activities are disturbed due to it. Although it depends on the technical abilities of the stock broker company they can sort out the issues in a few seconds or some take even hours to some days.

• Pricing

This is also an Important point which you should consider while checking for the best trading app for yourself. Discount stock brokers also have various types of plans. You should consider your trading style or investing approach.

• Review

Reviews on different platforms are also critical to check before selecting apps for trading. Many apps show that they are the best but public reviews can tell you the truth about them.

In most of the cases real best apps for trading don’t even do any publicity which can be surprising for most of the beginners.

• Language

If you or your older family members are not so comfortable with English then you must also check if the trading app is supporting your local language or not.

This will help you or those people in understanding and trading comfortably without any language barrier.

Now let’s discuss Apps for trading.

15 Best Trading App in India

Here the list of 15 best trading apps in India :

• Kite by Zerodha

They began operations on August 15, 2010, with the purpose of removing all cost, supporting, and technological constraints that traders and investors experience in India.

They are now India’s largest stock brokerage in regards to active retail customers, thanks to their revolutionary pricing strategies and in-house technologies.

Over 8 million customers use their sophisticated network of investing platforms to make millions of trades daily, accounting for over 15% of total retail trading activity in India.

Ratings & Review

• Android Ratings : 4.3/5 stars
• Android  Review : 266 k
• iOS Ratings: 3.2/5 stars
• iOS Review : 3 k

Downloads

• Android Downloads: 10 Million +

Top Trading Feature

• There are six different chart styles to assist you assess market trends.
• Brackets and covers, After Market Order (AMO), and other advanced order placement options are available.
• Provides market data and maintains you informed about happenings that might affect the value of your assets.
• Mobile app that is simple to use.
• Make a group for your favourite stocks.

Advantages of Zerodha

• It’s possible to employ it in ten different regional languages.
• Charts include a lot of data to look at to see how the market is doing.
• Kill Switch
• All the order types are available

Disadvantages of Zerodha

• They solely offer the Indian market.
• The procedure of creating an account is lengthy.
• There is no protection for investors.

You can open an account with zerodha by going on their website.

• Groww App

Groww began as a direct mutual fund distribution platform in 2017, and within a year had grown to be among the nation ‘s most famous mutual fund investing companies.

Groww introduced equities in the early part of 2020 in response to customer demand, and in the same year offered digital gold, ETFs, intraday trading, and IPOs in short succession to become one of the best trading apps in india.

Groww is trusted by more than 1.5 crore people in 900+ cities throughout India for their investment requirements.

Ratings & Review

• Android Ratings : 4.5/5 stars
• Android  Review : 485 k
• iOS Ratings: 4.5/5 stars
• iOS Review : 13.5 k

Downloads

• Android Downloads: 10 Million +

Top Trading Feature

• Invest in gold, fixed deposits, local and international equities, mutual funds, and futures and options (F&Os).
  Excellent educational resources.
• Withdraw 50,000 dollars every day, or 90 percent of the entire amount invested (whichever is less).
• Self-directed investing Platform.
• Advanced charts to aid in the analysis of market patterns.

Advantages of Groww

• There are no account-opening fees.
• There are no account maintenance fees.
• Your information is protected and safe thanks to ISO 27001:2013 certification.

Disadvantages of Groww

• Not good for Intraday trading.
• Advance order types are not available.
• There is no option to trade on margin.

You can open an account with Groww by going on their website.

• Upstox Pro App

For traders in the Indian stock market, Upstox provides a quick, trustworthy, and simple-to-use trading platform. Upstox is one of the best trading apps that is a low-cost trading platform. The consumer is provided free equity delivery (cash & carry) investing.

For orders placed in this sector, there is no commission fee. Upstox charges a fixed Rs 20 per trade fee for all other trading sectors across exchanges.

Upstox is a corporation that has made major technological investments. It offers its consumers an outstanding trading system and resources.

Ratings & Review

• Android Ratings : 4.3/5 stars
• Android  Review : 30 k
• iOS Ratings: 4.6/5 stars
• iOS Review : 1.5 k

Downloads

• Android Downloads: 1 Million +

Top Trading Feature

• Charts to assist you in making informed financial decisions.
• Give daily market reports and trends
• It have all advanced order types.
• Notifies you when your preferred stocks’ prices change.

Advantages of Upstox

• The corporation is a heavyweight in the sector.
• Opening an account is a pleasure.
• Outstanding customer service.

Disadvantages of Upstox

• In the Delivery sector, Good Till Cancelled (GTC) orders are not permitted.
• The online version is said to be difficult.
• There is a conflict between the old and new apps.

You can open an account with Upstox by going on their website.

• Angel One

Angel One is among India’s best trading apps in terms of active clients on the NSE as of June 30, 2020.

In June 2020, their Company’s different online and digital channels generated 398 million electronic views thanks to digital marketing.

As of June 30, 2020, their client base in India covered 96.87 percent of the country, or 18,649 pin codes. They have over 2.15 million operational brokerage accounts and handle 132,540 million in customer assets.

Ratings & Review

• Android Ratings : 4.2/5 stars
• Android  Review : 295 k
• iOS Ratings: 3.6/5 stars
• iOS Review : 19 k

Downloads

• Android Downloads: 10 Million +

Top Trading Feature

• Study the market with the assistance of experienced research.
• Keep track of your portfolio.
• With the aid of modest instances, you may create a diverse, low-cost portfolio.
• Choose from a variety of pre-made portfolios.
• Trading in international equities is possible.

Advantages of Angel One

• There are no brokerage fees.
• Portfolio management.
• You may construct a low-cost strategy by investing in small cases.
• Investment of a fraction of a percent.

Disadvantages of Angel One

• Angel Broking does not provide a three-in-one account.
• Broker-assisted transactions (Call & Trade) incur an additional fee of Rs 20 per executed order.

You can open an account with Angel one by going on their website.

• IIFL Securities App

IIFL Securities Limited (Formerly India Infoline Limited) is a renowned capital market consulting organization in India, supplying diversified financial services and products to corporates, investment banks, overseas portfolio investment firms, mutual funds, insurance firms, option investment funds, accepts, high net worth individuals, and retail customers.

They have serviced over 2.4 million consumers through a system of roughly 2,500 points of presence spread throughout 500 towns in India, encompassing their offices and business associates.

This is the fifth app in our list of best trading apps in India.

Ratings & Review

• Android Ratings : 4.1/5 stars
• Android  Review : 103 k
• iOS Ratings: 4.3/5 stars
• iOS Review : 7 k

Downloads

• Android Downloads: 5 Million +

Top Trading Feature

• Trade stocks, futures and options, currencies, and commodities.
• Tools for analysing market conditions.
• Complimentary research reports on the top 500 NSE/BSE firms.
• Orders for purchasing or selling may be placed in a few simple steps.
• Allows you to make changes to or cancel your outstanding orders.

Advantages of IIFL Securities

• Complimentary analysis reports are available.
• Notifications on market developments.
• For trading accounts, there are no account administration fees.

Disadvantages of IIFL Securities

• IIFL does not have a banking license, hence it cannot provide a 3-in-1 account.
• Direct Mutual Funds are not available.
• The cost of a call and a trade change is Rs 50 per call.

You can open an account with IIFL securities by going on their website.

• 5paisa App

5paisa is India’s fastest-growing discount brokerage firm and the country’s first publicly traded internet brokerage firm. Among the top ten bargain brokerage firms in the Country. IIFL, India’s premier diversified financial solutions organization, is a staunch supporter of 5paisa.

Their unrivaled advantages, such as their cutting-edge trading platform, all-in-one account, free stock suggestions, and unique pricing models, have helped them establish themselves as a favored broker.

These programmes are suitable for both traders and seasoned investors. Furthermore, opening an account with 5paisa is free, simple, and there are no brokerage fees.

Ratings & Review

• Android Ratings : 4.2/5 stars
• Android  Review : 293 k
• iOS Ratings: 4.1/5 stars
• iOS Review : 13.2 k

Downloads

• Android Downloads: 5 Million +

Top Trading Feature

• Equities, Index funds, Forex, Commodities, and more can all be traded in.
• The auto-investing feature is tailored to your personal objectives.
• The New interface is simple to use.
• Sale and purchase is as simple as clicking a button.
• Powerful graphs to assist you in your market analysis.

Advantages of 5paisa

• Tools for advanced research.
• App that is simple to use.
• Some of the most useful learning tools.
• Mutual funds have no commissions.

Disadvantages of 5paisa

• There isn’t a 3-in-1 account available.
• Demat debit transaction fees are pricey.
• In comparison to other discount brokers, exchange transaction fees are higher.

You can open an account with 5paisa by going on their website.

• MO Investor app by Motilal Oswal

MO Investor Application is a share market investing app that is a simple and effective solution that allows new or professional investors to make sensible investment decisions on their own using customizable features.

MO Investor is one of the top share market apps in India, and is also one of the best mutual fund apps and trading apps, thanks to a remarkable combo of cutting-edge offerings, cutting-edge functionality, and a Quick Investment approach.

Ratings & Review

• Android Ratings : 4.0/5 stars
• Android  Review : 50 k
• iOS Ratings: 4.0/5 stars
• iOS Review : 2.6 k

Downloads

• Android Downloads: 1 Million +

Top Trading Feature

• To satisfy your typical investment demands, They’ve developed an advanced AI-powered solution.
• Conservative, Balanced, and Active investment styles were used to create this portfolio. Dynamic business terminologies have been reduced and broken down into smaller chunks to make them easier to understand.
• Rupee cost averaging benefits the portfolio and protects it from short-term market swings.
• Easy-to-understand reports to keep track of the progress of your assets.

Advantages of MO Investor

• Proper investment and trading advice.
• For beginners, there are some interesting learning materials.
• Invest in digital gold, foreign exchange, and mutual funds.
• Tools for advanced research and analysis.
• Stock price alerts which is a great way to stay on top of the market.

Disadvantages of Mo Investor

• MO Investor requires the most recent version of a smartphone to function properly.
• Users frequently issue about Motilal Oswal not working as a result of various challenges, which increases their losses.
• A direct contact with the brokers is not permitted at MO Investor.

You can open an account with Motilal Oswal by going on their website.

• HDFC Securities

HDFC Securities is a subsidiary of HDFC Bank, a well-known private sector bank, and is among India’s largest stock brokerage firms.

Since 2000, they have served a diversified client base of retail and institutional investors as an equity brokerage firm. They provide a variety of products and services in a variety of asset classes, including stock, gold, debt, and real estate.

They have a solution that meets each of your investing needs, whether it’s stocks, derivatives, mutual funds, fixed deposits, NCDs, insurance, securities, or forex.

Ratings & Review

• Android Ratings : 4.0/5 stars
• Android  Review : 90 k
• iOS Ratings: 3.6/5 stars
• iOS Review : 4.3 k

Downloads

• Android Downloads: 1 Million +

Top Trading Feature

• Trade stocks, mutual funds, derivatives, forex, initial public offerings (IPOs), commodities, and digital gold.
• Stocks from around the world can be traded.
• Market analysis and updates on a regular basis.
• It assists you in developing investment plans.
• There are all advanced Order types accessible.
• You can conveniently shift funds and securities across your savings, demat, and trading accounts with a 4-in-1 Advantage account.

Advantages of HDFC securities

• It is possible to open a four-in-one account (banking, broking, and demat). As a result, HDFC is a very efficient trading platform.
• From one platform, you may invest in Initial public offerings, Mutual Funds, GOI Securities, Insurance, and National Savings Schemes.
• Both the BSE and the NSE have trading platforms.

Disadvantages of HDFC securities

• The HDFC Securities commission is extremely expensive and not negotiable.
• HDFC does not provide commodity trading services.
• The Demat Account must be registered with HDFC Bank Ltd as the Depository Participant (DP), and the Bank Account must be maintained with HDFC Bank as the Banker under the 4-in-1 account.

You can open an account with HDFC securities by going on their website.

• ICICI Direct

With over 2 decades of service and 170+ offices across India, ICICIdirect is India’s biggest retail broker and financial product supplier, recognized by over 50 million customers.

ICICIdirect.com has changed the way people invest online. This online stock trading platform provides a trading account that allows for easy and convenient digital trading.

ICICIdirect has over 50 products and services below one roof to help you reach your financial objectives, including equity, mutual funds, derivatives, futures and options, currency, commodity, ETF, insurance, IPOs, corporate fixed deposits, portfolio management services and international investment.

Ratings & Review

• Android Ratings : 2.6/5 stars
• Android  Review : 29 k
• iOS Ratings: 1.8/5 stars
• iOS Review : 1.1 k

Downloads

• Android Downloads: 1 Million +

Top Trading Feature

• Opening an account is completely free.
• Trading in equity futures with no commissions.
• BSE, NSE, and MCX offer flat Rs. 20 per trade brokerage in Options, Currency F&O, and Commodity Futures.
• Free trading advice is available.
• Within 30 minutes of selling shares, you’ll have money in your bank account.

Advantages of ICICI Direct

• With 50 products and solutions, it’s a one-stop investment store.
• Award-winning research team’s stock suggestions
• Platform that is both secure and powerful.
• There are 200 branches in 75+ cities, with 7100 business associates.
• Instant financing and insurance are available.

Disadvantages of ICICI Direct

• The commission charged by ICICIdirect is significant and not negotiable.
• The regular I-Secure Plan’s minimum brokerage price is Rs 20 per trade, which is excessively costly for traders who perform tiny deals.
• On equities trading up to Rs 10, ICICI charges a flat Rs 0.05 per stock commission.

You can open an account with ICICI Direct by going on their website.

• Kotak Securities

Kotak Securities provides a three-in-one account that enables investors to open a demat, trading, and bank account with Kotak Mahindra Bank Limited.

This stock market app enables you to: Trade stocks online while on the go, The New Kotak Stock Trading App is a one-stop solution for all your digital equity trading and investment requirements, including Mutual Funds, SIPs, ETFs, and more.

They serve 11.95 million clients through 1209 branches, franchisees, and field offices.

Ratings & Review

• Android Ratings : 2.6/5 stars
• Android  Review : 29 k
• iOS Ratings: 1.8/5 stars
• iOS Review : 1.1 k

Downloads

• Android Downloads: 1 Million +

Top Trading Feature

• View live quotes for the stock you want to watch.
• View the Sensex and Nifty levels to keep track of live markets.
• Intraday charts are available to view.
• Make your own watch-lists.

Advantages of Kotak Securities

• With 35 products and solutions, it’s a one-stop investment store.
• Execute stock, derivatives, and currency derivatives trades.
• Monitor the performance of your portfolio in real time.
• Orders in progress can be modified or cancelled.

Disadvantages of Kotak Securities

• When compared to discount brokers, delivery orders have a higher commission fee.
• When compared to other prominent brokers, the AMC charges are also higher.
• The app has a few limitations.

You can open an account with Kotak Securities by going on their website.

Now let’s take a look at other trading apps in India you must have in your phone which will help you in trading or investing in stock market:

• Moneycontrol app

This financial service was established in late 1999. Moneycontrol.com now has over 17 million monthly visits across all of its channels (web, mobile, and tablets), making it India ‘s biggest digital financial portal.

The money management app is straightforward, yet it has a wealth of statistics and news. With the Moneycontrol App, you can keep up with the current news on Local and international capital markets on your mobile.

It tracks Indices (Sensex & Nifty), Equities, Futures, Options, Mutual Funds, Commodities, and Currency markets from the BSE, NSE, MCX, and NCDEX exchanges, allowing you to easily track Indexes (Sensex & Nifty), Futures, Options, Mutual Funds, Commodities, and forex.

Ratings & Review

• Android Ratings : 4.0/5 stars
• Android  Review : 368 k
• iOS Ratings: 4.2/5 stars
• iOS Review : 46 k

Downloads

• Android Downloads: 10 Million +

Top App Feature

• All financial information, investment, watchlist, and message board are easily accessible.
• Stock, futures, options, mutual funds, commodities, and currency references from the BSE, NSE, MCX, and NCDEX.
• All-day coverage of market, business, and economic news, as well as interviews with key executives.
• It’s simple to keep track of your stock, mutual fund, ULIP, and bullion portfolios.

Advantages of Money Control

• To track, add your favourite stocks, mutual funds, commodities, futures, and currencies.
• Receive updated headlines and corporate action notifications.
• To get ideas, explore your favourite themes and the leading borders.
• Interact in and contribute in discussions about your portfolio or area of interest.

Disadvantages of Money Control

• They didn’t offer a demat account.
• Some news offered from sources are not correct.
• The app has a few limitations.

You can download the Money control app from both IOS and Android phones.

• Economic Times App

The Economic Times App gives you exposure to Live News And information, Market & Business Headlines, India News, Equity Markets, Economics, Sensex – BSE India, and Nifty – NSE India headlines at any time and from any location.

Offers an all-new ET Portfolio that allows you to manage and track your equity market assets on the go. Every professional trader uses the ET Markets app to monitor market news and updates on a routine basis since it provides the most up-to-date information.

Furthermore, this best trading app’s stock information section is always well-organized.

Ratings & Review

• Android Ratings : 4.4/5 stars
• Android  Review : 242 k
• iOS Ratings: 4.5/5 stars
• iOS Review : 20 k

Downloads

• Android Downloads: 5 Million +

Top App Feature

• To follow the BSE Sensex and NSE Nifty live charts and obtain stock values using superior analytical graphing.
• On the go, monitor real time equity prices and get insights on intraday trading, stock futures, commodities, the FX market, and ETFs.
• Mutual fund news, NAVs, portfolio reviews, fund research, and a SIP calculator all in one place.
• Create, administer, and manage your portfolio with a single swipe.

Advantages of Economic Times App

• Get personalised Indian stock market headlines, research, and statistics.
• To make a watchlist and keep track of it on a regular basis.
• Get expert opinions and analysis sent to your inbox.
• Participate in conversations/discussions by leaving comments.

Disadvantages of Economic Times App

• They didn’t offer demat & trading account services.
• Some news offered from sources are not always correct.
• The app has a few limitations.

You can download the Economic Times App app from both IOS and Android phones.

• Ticker Tape

Anchorage Technologies Private Limited  owns Tickertape, a data and analytics portal for equities, ETFs, Mutual Funds, and other investment assets.

Stock screener – a tool for screening companies based on multiple fundamental and technical factors, Market Mood Index – a trend indicator for the Indian stock market, Study – a portal for learning basic financial and economic concepts, and so on.

The firm is a private limited company with its registered office in Bangalore, which was founded in the year 2021. The firm develops digital tools and financial tools to help individual investors make better investments in Indian securities.

Ratings & Review

• Android Ratings : 4.5/5 stars
• Android  Review : 32 k
• iOS Ratings: Not available on iOS
• iOS Review : Not available on iOS

Downloads

• Android Downloads: 1 Million +

Top App Feature

• Peer analyses, information, and actions are displayed in a way that can assist you in making financial decisions.
• Lastly, Broker Link will assist you in logging in and connecting your Tickertape account to your brokerage account.
• The block deals for each stock, including insider trades, are updated.
• You can also get short codes for all of the equities you want to utilise on your blog so you can show rates for certain securities with a search option.

Advantages of Ticker Tape App

• Complete equity analysis for all of India’s publicly traded firms.
• You may use a powerful screener with 130 filters to evaluate any Indian stock.
• The Market Mood Index (MMI) is a market sentiment predictor that traders rely on to execute their trades effectively.

Disadvantages of Ticker Tape App

• They didn’t offer demat & trading account services.
• This App is not available for IPhone users
• The app has many limitations in the free version.

Ticker Tape app is only available for Android phones.

• TradingView

TradingView is a social platform and best trading app of 30 million traders and investors that utilise the world’s most advanced monitoring and statistical models to find trading chances.

Their platform allows you to track your favourite instruments, acquire trading ideas, interact with others, discover patterns, and execute trades directly on their graphs. They set out to change how people conduct business.

They cut their teeth in Chicago among the world’s best researchers, and it became their desire to build a platform where anyone, from anywhere, could profit from exchanges.

Ratings & Review

• Android Ratings : 4.7/5 stars
• Android  Review : 144 k
• iOS Ratings: 4.8/5 Stars
• iOS Review : 16 k

Downloads

• Android Downloads: 5 Million +

Top App Feature

• Beginners will find their charts simple to interpret, while experienced investors will find all they require.
• Whether you only want to check the present share value or run extended scripts to analyze price movement, they’ve got you loaded.
• Their site includes numerous pre-built studies, 50+ powerful drawing capabilities, and a set of tools for in-depth market analysis, covering the most prevalent trading ideas.

Advantages of TradingView App

• Pine Script was designed to let you construct and express your own indicators and approaches.
• Pine is elegantly simple, needing only two lines of code to achieve what other languages would require hundreds of lines of code.
• They also have a comprehensive database of essential information for the majority of the major stock exchanges.

Disadvantages of TradingView App

• They didn’t offer demat & trading account services.
• This App requires a pro knowledge of charts to use it properly.
• The app has many limitations in the free version.

You can download the TradingView App app from both IOS and Android phones.

• Stockedge

StockEdge is a one-of-a-kind portal dedicated only to research and analytics. It helps users to perform self-research by providing all of the necessary tools for undertaking fundamental, technical, and derivatives analysis in a simple to comprehend framework.

With data mostly from the NSE and BSE, StockEdge is the fastest-growing financial markets statistics and research portal.

It gives outstanding end-of-day information, visualizations, and notifications to traders and investors, enabling them to make better decisions.

It also helps newcomers learn about various areas of equity markets through the Learn section, as well as analyze market data to the best of their abilities.

Ratings & Review

• Android Ratings : 4.4/5 stars
• Android  Review : 32 k
• iOS Ratings: 4.5/5 Stars
• iOS Review : 1.1 k

Downloads

• Android Downloads: 1 Million +

Top App Feature

• Visit the Daily Reports Segment for refined major market monitoring, which comprises, among other things, News, NSE & BSE Corporate Announcements, Upcoming Events, and Corporate Actions.
• Statistical data visualization for FII/ FPI & DII Cash & Derivatives on a daily, monthly, and annual basis.
• Price inquiries, last week’s highs and lows, last month’s highs and lows, 52-week highs and lows, three-day price behavior, and so on are all viable scanners.

Advantages of StockEdge App

• Keep a watch on the activities of the biggest Indian investors.
• Under the MyInvestorGroup section, create your own group of traders with different names/entities, etc.
• Sector research contains items like category lists, sectors inside a sector, firms within a sector/industry, price change in a simple chart over the preceding 30 days, gainers and losers, and so forth.

Disadvantages of StockEdge App

• This App is technically not well established.
• The app has many limitations in the free version.

You can download the best trading app Stockedge from both IOS and Android phones.

Comparing Top 6 online trading Apps in India