BEST Trading App In India: Top 12 Online Stock Market Apps

BEST Trading App In India: Top 10 Online Stock Market Apps

This tutorial explores the top Online Stock Market App in India with their pricing and comparison to find out the best trading app in India:

Trade is defined as an exchange of goods and services between two parties. When you buy a product and then sell it at a higher price, it is called trading.

Today, you do not necessarily need to go out of your comfortable home for trading. You can trade online, anytime, from anywhere, through your personal mobile phone. There are applications we can use for trading. All you have to do is a quick research on which app to use and download it from your app store.

Stock Trading Apps For Beginners In India

In this article, we will give you an idea about different aspects of the best trading apps in India to help you decide which one is the best trading app for you.

Pro Tip: While choosing a trading app, look for the one which gives you advanced options to place your order. For example, limit orders, bracket orders, etc. This feature can be quite helpful in extracting maximum gains while trading.
Facts Check: Business Standard had published a report on May 11, 2021, stating the stock market trends. According to the report, the huge downfall that the market had experienced during the pandemic, from October 2020 to Feb 2021, is now recovering. The market saw an investment worth 130 billion of assets in April 2021.

Frequently Asked Questions

Q #1) Are trading apps safe?

Answer: In this world of digitalization, trading through apps on mobile is a new trend. As far as safety is concerned, always be very cautious while sharing your bank details because fraudulent practices are present almost everywhere. You should always opt for the app which is popular, has good ratings and reputation.

Q #2) Can I trade for free?

Answer: Yes, you can trade for free. There are many online trading apps, like Zerodha, Upstox, Angel Broking, and more, that offer 0 brokerage charges on equity delivery trade. You just need to have money to buy tradable products.

Q #3) How much money do you need to buy stocks?

Answer: You can start buying stocks with as little money that you have. Most of the trading apps have set no limit for the minimum account balance required to open a trading account.

You should at least have that much amount of money which is required to buy 1 stock.

Q #4) Is trading a good career?

Answer: Yes, trading can prove to be a nice career. But you need to do good and thorough research of the market and learn to trade from various sources.

Get proper guidance from an advisor if you are a beginner. People with large wealth for investing also need to look for an advisor for investing, to make sure that they do not lose their hard-earned money and make maximum profits.

Q #5) Which is the best stock trading app for beginners?

Answer: Angel Broking, 5paisa Online Trading app, Sharekhan app, Motilal Oswal MO Investor app, HDFC Securities, and Stock Edge are some of the best stock trading apps for beginners. They offer you learning resources and expert guidance for maintaining your portfolio.

Q #6) How do I buy stocks online myself?

Answer: Buying stocks has become very simple nowadays. You just need to download a trading app and do quick research about the stock markets and start trading.

Zerodha Kite is the best trading app in India, followed by Angel Broking, Upstox Pro app, 5paisa Online Trading app, Sharekhan app, and many more.

=>> Contact us to suggest a listing here.

List of the Best Trading Apps in India

Here is a list of some well-recognized stock trading apps:

  1. Upstox Pro App
  2. Zerodha Kite
  3. Angel Broking
  4. Groww app
  5. 5paisa online trading app
  6. Sharekhan App
  7. Motilal Oswal MO Investor App
  8. Edelweiss Online Trading App
  9. IIFL Market Trading App
  10. Fyers App
  11. HDFC Securities
  12. Stock Edge

Comparing Top Online Stock Market Apps

Tool Name Best for Price Languages supported Rating
Upstox Pro App Instant investing ?0 commission on trade in stocks, mutual funds and digital gold English and Hindi 5/5 stars
Zerodha Kite Being an all-in-one stock trading solution. ?0 for equity delivery trades English, Hindi, Kannada Telugu, Tamil, Malayalam, Marathi, Bengali, Gujarati, Punjabi, Oriya 5/5 stars
Angel Broking Beginners ?0 Brokerage charges on Delivery Trade & Trade across all segments. English, Hindi, Marathi, Gujarati, Bengali, Kannada 5/5 stars
Groww App Plenty of tradable items ?20 or 0.05% (whichever is lower) per executed trade brokerage charges English 4.6/5 stars
5paisa online trading app Auto investing feature ?20 per trade brokerage charges English, Hindi, Marathi, Gujarati, Telugu, Tamil, Kannada, Bengali 4.6/5 stars
Sharekhan App Active traders 0.50% or 10 paise per share or ?16 per scrip (Whichever is higher). English 4.6/5 stars

Detailed Reviews of Online Trading Apps in India:

#1) Upstox Pro App

Upstox Pro App – Best for instant investing.

Android Ratings: 4.4/5 stars
Android Downloads: 1 Crore +
iOS Ratings: 4.2/5 stars

Upstox Pro App gives multiple trading options with an easy-to-use interface and is backed by eminent personalities like Mr. Ratan Tata. You can trade in stocks, mutual funds, digital gold, and much more, with the help of extensive charts.

Top Features:

  • Charts to help you make wise investments.
  • Quick buying and selling of stocks.
  • Bracket orders and cover orders.
  • Notifies you about the prices of your favorite stocks.

Pros:

  • Instant investing.
  • Easy-to-understand charts.
  • Limit orders, After Market Orders, and more.

Cons:

  • The web version is reported to be complicated.

Why you want this app: Upstox is a trusted trading solution. You can get price alerts and go through extensive charts to decide where to invest your money.

Price:

  • 0 commission on trade in stocks, mutual funds, and digital gold.
  • 0.05% or up to 20 for all Intraday & F&O, Currencies & Commodity Orders.

Visit Upstox Pro App >>


#2) Zerodha Kite

Zerodha Kite – Best for being an all-in-one stock trading solution.

Android Ratings: 4.2/5 stars
Android Downloads: 50 Lakh +
iOS Ratings: 3.3/5 stars

Kite is the best trading app in India, which is offered by Zerodha. It has over 5 million clients all over India. Kite offers you a wide range of stocks to trade in, through an easy-to-use and extremely beneficial mobile app.

Top Features:

  • 6 chart types to help you evaluate the market conditions.
  • Advanced options for placing orders, like Brackets and covers, After Market Order (AMO), and more.
  • Gives you market news and keeps you updated about the events that can cause a change in the value of stocks.
  • Easy to use mobile app.
  • Pin your favorite scrips.

Pros:

  • Can be used in 10 regional languages.
  • Extensive charts to view market conditions.
  • Place limit to orders.

Cons:

  • No trading in mutual funds.
  • No price alerts.

Why you want this app: Zerodha Kite can be used in your preferred language. It provides you with 6 types of charts to view the market conditions just the way you want.

Price:

Visit Zerodha Kite Website >>


#3) Angel Broking

Best for beginners.

Android Ratings: 4.2/5 stars
Android Downloads: 1 Crore +
iOS Ratings: 3.5/5 stars

Angel Broking is the best stock market app India has. Founded in 1987, it has about 1.4 million active customers today. You can get a ready-made curated portfolio or get it managed by experts.

Top Features:

  • Analyze the market with the help of research done by experts.
  • Maintains your portfolio.
  • Build a diversified, low-cost portfolio with help of small cases.
  • Choose from readymade portfolios.
  • International stocks are available for investing.

Pros:

  • No brokerage charges.
  • Portfolio management
  • By investing in small cases, you can build a low-cost portfolio.
  • Fractional investment.

Cons:

  • Trading through calling is charged at 20 per executed order.

Why you want this app: Angel Broking is the best stock trading app for beginners in India. They offer fractional investment, portfolio management and investing in small cases, which can be very beneficial for beginners in the field.

Price: 0 Brokerage charges on Delivery Trade & Trade across all segments.

Website: Angel Broking


#4) Groww

Best for plenty of tradable items.

Android Ratings: 4.3/5 stars
Android Downloads: 1 Crore +
iOS Ratings: 4.5/5 stars

Groww app is the best trading app in India. The option of trading in gold, stocks, fixed deposits, and more at the same time is the reason for its popularity.

Top Features:

  • Invest in Gold, Fixed Deposits, domestic and US stocks, Mutual Funds, and F&Os.
  • Learning resources.
  • Withdraw 50,000 or 90% of the total money invested (whichever is lower) per day.
  • Self-directed trading.
  • Advanced charts to help you study the market trends.

Pros:

  • No account opening charges.
  • No account maintenance charges.
  • ISO 27001:2013 certification ensures that your information is encrypted and secure.

Cons:

  • Advanced order types (like Brackets and orders, Cover orders, etc) are not available.

Why you want this app: Groww app lets you invest in Gold, Fixed Deposits, and Global stocks and offers you learning resources so that you can do self-directed investment.

Price:

  • 20 or 0.05% (whichever is lower) per executed trade brokerage charges.
  • 20 per order brokerage charges for Futures and Options.

Website: Groww

Further Reading => Most Popular Prop Trading Firms You Should Know


#5) 5paisa Online Trading App

Best for auto investing feature.

Android Ratings: 4.2/5 stars
Android Downloads: 50 Lakh +
iOS Ratings: 4/5 stars

5paisa Online Trading App is one of the most popular trading apps in India. The advanced charts, user-friendly interface, learning resources, and auto investing features make it one of the top trading apps in India.

Top Features:

  • Trade-in stocks, mutual funds, currencies, commodities, and more.
  • Auto-investing feature works based on your specific goals.
  • Easy to use interface.
  • Buying and selling are done with a single click.
  • Advanced charts to help you research the market conditions.

Pros:

  • Research tools.
  • Easy to use.
  • Auto investing.
  • Learning resources.
  • 0 commission on mutual funds trading.

Cons:

  • 100 per call charges for ‘Trade on Call’.

Why you want this app: 5paisa has some really nice features to offer, including auto investing, learning resources, and more.

Price:

  • 20 per order brokerage charges.
  • Power Investor Pack: 499 per month.
  • Ultra Trader Pack: 999 per month.

Website: 5paisa online trading app


#6) Sharekhan App

Best for active traders.

Android Ratings: 3.8/5 stars
Android Downloads: 10 Lakh +
iOS Ratings: 2.8/5 stars

Sharekhan is a 21-year-old trading platform, which has over 2 million clients all over India. Sharekhan gives you proper guidance for buying and selling products and provides a wide range of products to build a diversified portfolio.

Top Features:

  • Advanced charts to help you do the market research.
  • Research reports helping you make better investment decisions.
  • Relationship managers monitor your portfolio and give you guidance.
  • Wide range of products to trade with.

Pros:

  • Trade anytime, from anywhere.
  • Updates you about the market news.
  • Free learning resources.
  • No minimum deposit required.

Cons:

  • No global stocks to trade with.

Why you want this app: Sharekhan is a well-known, trusted online trading app. The research reports and guidance of experts are praiseworthy features.

Price: For Equity Delivery: 0.50% or 10 paise per share or 16 per scrip (Whichever is higher).

Website: Sharekhan


#7) Motilal Oswal MO Investor App

Best for powerful AI features that help in building a better portfolio.

Android Ratings: 3.6/5 stars
Android Downloads: 10 Lakh +
iOS Ratings: 3.6/5 stars

Motilal Oswal MO Investor App can be called the best trading app India has. Its smart artificial intelligence features offer you tips and recommendations on how to improve your portfolio.

Top Features:

  • Trade-in digital gold, without any paperwork.
  • Expert-made market analysis reports are available for you.
  • Learning resources for beginners as well as advanced traders.
  • Gives recommendations to improve your portfolio.
  • Supports English, Gujarati, Hindi, and Tamil languages.

Pros:

  • Guidance for investing.
  • Learning resources.
  • Trade in digital gold.
  • Market analysis tools.
  • Price alerts.

Cons:

  • No trade in international stocks

Why you want this app: Motilal Oswal MO Investor App has learning material for beginners and advanced traders. Its powerful AI tools give you recommendations on how to improve your portfolio.

Price: Contact directly for brokerage charges.

Website: Motilal Oswal


#8) Edelweiss Online Trading App

Best for market analysis tools.

Android Ratings: 4.5/5 stars
Android Downloads: 10 Lakh +
iOS Ratings: 4/5 stars

Edelweiss Online is a trading platform, founded in 1995. It offers you plenty of stocks to trade with. Moreover, it gives you many features for tracking and monitoring market trends.

Top Features:

  • Tools to track every aspect of the market
  • Lets you know about the latest news and events affecting the market
  • Advanced charts to help you gain insights into market trends
  • Live commentary about the stock market, done by experts

Pros:

  • Price alerts.
  • Low brokerage charges.
  • Market tracking tools.
  • Live market news and updates.
  • No account opening charges.
  • No account maintenance charges

Cons:

  • No feature of placing Bracket orders
  • 20 per call charges for trading through calls.

Why you want this app: Edelweiss Online Trading App can be a great choice for active and advanced traders, who know how to get help from advanced charts and market research reports.

Price: 10 per executed order brokerage charges.

Website: Edelweiss Online Trading App


#9) IIFL Market Trading App

Best for free research reports.

Android Ratings: 4.1/5 stars
Android Downloads: 50 Lakh +
iOS Ratings: 4.1/5 stars

IIFL Market Trading App is a highly recommended mobile app for trading. It lets you trade in several items with the help of easy-to-use tools.

Top Features:

  • Trade in equities, F&O, currencies and commodities.
  • Tools to research market trends.
  • Free research reports of 500 top listed companies in NSE/BSE.
  • Place buying or selling orders with easy steps.
  • Lets you modify or cancel your pending orders.

Pros:

  • Free research reports
  • Notifications about the market news
  • No account management charges for trading account

Cons:

  • No robo advisor..

Why you want this app: IIFL Market Trading App is the best trading app in India, due to the features that it offers. It offers you free research reports, tools to study about market trends, and much more.

Price:

Website: IIFL Market Trading App


#10) Fyers App

Best for advanced traders.

Android Ratings: 4.1/5 stars
Android Downloads: 1 Lakh +
iOS Ratings: 4.2/5 stars

Fyers is the best trading app in India. It offers you some really helpful charts to study the market trends. The mobile app is easy to use and gets automatically synced with the web version so that you can access your account from the web or through the mobile app.

Top Features:

  • Advanced charts are available for free.
  • Access from the web or through the mobile app. Both are automatically synced.
  • Charts to study market trends.
  • Notifies you about the important information about the stock market.

Pros:

  • Intuitive user experience.
  • Notifications and updates about the market.
  • ?0 brokerage charges for equity delivery
  • Historical data of more than 20 years.

Cons:

  • 20 charges for orders placed on call.
  • No trade in mutual funds.

Why you want this app: Fyers app offers you fast trading experience and is tested to have a high level of Security Protocol on all levels.

Price:

Website: Fyers App


#11) HDFC Securities

Best for trading in global stocks and digital gold.

Android Ratings: 4.3/5 stars
Android Downloads: 10 Lakh +
iOS Ratings: 3.7/5 stars

HDFC Securities is a 20 years old trading and investing platform, which offers you smart ways of trading, for example, tracking the best price of buying or selling your order across exchanges, and much more.

Top Features:

  • Trade in equities, mutual funds, derivatives, currency, IPO, commodities, and digital gold.
  • Global stocks are available for trading.
  • Market commentary and periodic reports.
  • Helps you in making investment strategies.
  • Bracket order, basket order, and other smart options to place your order.
  • A 3-in-1 account, including your savings account, trading account, and Demat account.

Pros:

  • Invest in US stocks and digital gold.
  • No account opening charges.
  • 24/7 access to your portfolio.
  • Advanced portfolio tracking.

Cons:

  • High brokerage charges.

Why you want this app: HDFC Securities can be a good option for those who want to invest in Global stocks or digital gold. Plus, you get a 3-in-1 account with HDFC.

Price:

For Resident Indians:

  • 0.50% or minimum 25 brokerage charges for equity delivery.
  • 0.05% or minimum 25 brokerage charges for equity Intraday and Futures.

For NRIs:

  • 0.75% or minimum 25 brokerage charges on delivery trade.

Website: HDFC Securities


#12) Stock Edge

Best for stock market analytics.

Android Ratings: 4.4/5 stars
Android Downloads: 10 Lakh +
iOS Ratings: 4.4/5 stars

Stock Edge is a leading trading platform with over 20 Lakh clients. They provide you with investment strategies based on your goals and put forward research and analysis tools so that you can do an educated investment.

Top Features:

  • Research and analysis of 5000+ stocks.
  • Advanced charts to study market trends.
  • Learning resources, including online training and webinar.
  • Advanced scanning features that help you view the stocks based on your preferences.

Pros:

  • Thematic stock lists.
  • Learning resources.
  • Scanning features.
  • Research tools.

Cons:

  • Bear with the ads in the free version.

Why you want this app: Stock Edge gives you some really meticulous research and analytics and scanning features. The app is reported to be user-friendly.

Price: There are 3 price plans:

  • StockEdge Premium: 399 per month
  • StockEdge Analyst: 999 per month
  • StockEdge Club: 1499 per month

*A free version is also available.

Website: Stock Edge


Conclusion

This article can be briefly summarized into the following points:

  • You can start trading and investing from your personal mobile, with the help of easy-to-use apps.
  • If you want to invest a large amount of money, choose the app which gives you an advisor and gives you recommendations to improve your portfolio.
  • Market analytics tools like advanced charts can be very helpful in doing an informed investment.
  • Beginners should look for an app that lets them build a low-cost portfolio, plus gives them learning resources and tips for portfolio management.
  • Zerodha Kite, Angel Broking, and Upstox Pro App are the top 3 best online trading apps in India.

Suggested Reading =>> Compare features of Demat Accounts In India

Research Process:

  • Time taken to research this article: We spent 14 hours researching and writing this article so you can get a useful summarized list of tools with comparison of each for your quick review.
  • Total tools researched online: 22