Find your perfect match: Top 10 trading apps in India (2024)
The Indian stock market offers exciting opportunities, but choosing the right trading platform is crucial. Let’s explore the top 10 trading apps in India, empowering you to make informed decisions.
Consider the following factors when selecting your trading app:
- Reliability: Opt for trusted platforms like Zerodha Kite or Angel One.
- Features: Look for features that suit your trading style, like advanced charting or educational resources.
- User Interface: Choose an app with a clear and easy-to-navigate interface.
- Charges: Compare brokerage fees and account maintenance charges.
- Trading Speed: Prioritize platforms with fast order execution for timely trades.
Top picks for every trader:
- Paytm Money: This the overall best trading app. It has easy-to-use interface, free equity trading, low brokerage (Rs. 15 max), and advanced analysis tools.
- Zerodha Kite: This trading app is a popular choice and best for beginners. It has a simple platform, vast educational resources, and multiple order types for beginners.
Detailed look at top apps:
- Paytm Money: Ideal for beginners and experienced traders alike. Offers zero brokerage on direct mutual funds and a user-friendly interface. It has easy account opening, low fees, and multiple features. However, the app has limited research tools compared to some competitors.
- Zerodha Kite: A comprehensive platform with advanced charting tools and educational resources. Popular for its low brokerage (Rs. 20 per trade). It has a beginner-friendly interface, extensive research tools, and low brokerage. However, there is no mutual funds option.
- Angel One App: Known for its user-friendly interface and advanced charting tools. Offers IPO investments and various order types. It is a simple platform, IPO access, and has multiple order types. It has no e-wallet support and no copy trading feature.
- Upstox Pro Trading App: Popular for its instant investing feature and vast stock portfolio. Ideal for active traders. The app encompasses instant investing, advanced charting, order alerts. However, it has no IPO/FPO investments.
- Groww App: Beginner-friendly platform with a free Demat account and basic analysis tools. The positive features being free account opening, zero commission on mutual funds and easy order placement. However, the high call and trade charges and no NRI account support are the disadvantages of the app.
Additional options to consider:
- 5paisa App: Low brokerage (Rs. 20 per order) and auto-investing options.
- ICICI Direct App: Diverse investment options and margin trading facility.
- Edelweiss App: Simple login (fingerprint) and real-time streaming quotes.
- FYERS App: Advanced trading tools and no brokerage for delivery trades.
- AliceBlue App: Lowest brokerage (Rs. 15 per intraday trade).