Top 10 Best Trading Apps in India 2024.
Table of content:
Stock trading is a crucial part of the stock market. As a part of it, stock traders trade their stocks based on the market fluctuations. In India, many stockbrokers offer stock trading apps for trading. In return, they charge fees/brokerage.
With intense competition among these brokers to be recognized as the best trading app in India, it becomes challenging to choose an online trading app that charges low fees/brokerage.
Are you looking at different trading apps? Are you overwhelmed with the options? Don’t worry!
This blog is about the best trading app with low investment and its features, pricing, and pros and cons. Learning about all of these online trading apps will help us choose the best trading app in India to earn money available at low fees.
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Top 10 Trading Apps in India.
1. Zerodha Kite
The Zerodha Kite online trading mobile app is considered among India's top 5 trading apps.
Features:
- Provides seamless logins and better security with biometric fingerprints & Face ID (for iOS).
- Offers trading view charts as well as ChartIQ on both mobile and web.
- Customizable multi-market watch views.
Pricing:
- Equity Delivery Brokerage is Zero.
- Equity Intraday Brokerage 0.03% on order value, up to ₹ 20.
Pros:
- Best suited for all types of trading.
- Best Trading App India with low fees/brokerage.
Cons:
- A Three-in-one trading account is unavailable.
- Has an Account Opening & Maintenance charge of ₹ 300 each.
App Screenshots:
2. Upstox Pro
It is the best trading app in India for instant investing from one of the leading discount brokers in India, Upstox.
Features:
- Allows us to use more than 100 charts and 250+ technical indicators in real-time with ChartIQ and Trading View.
- We can check live updates on stock prices.
- Access pre and post-trade analytics as well as intelligent drawing tools.
Pricing:
- Equity Delivery Brokerage is 2.5%, on order value, up to Rs. 20.
- Equity Intraday Brokerage is 0.05% on order value, up to Rs. 20.
Pros:
- 100% paperless account-opening with no charges.
- Create unlimited customized watchlists.
Cons:
- Has an Account Maintenance Charge of ₹ 249.
- It is a little difficult to move from one menu to another.
App Screenshots:
3. Angel One
It is the best trading app in India for beginners, and it is the best app for stock market trading in India that offers a one-stop solution for all their investment and trading needs.
Features:
- Provides chapters on stocks, options trading, and mutual funds to learn and earn with smart money.
- Real-time share prices for all stocks listed in stock market trading.
Pricing:
- Equity Delivery Brokerage is Zero.
- Equity Intraday Brokerage is 0.25% on order value, up to ₹ 20.
Pros:
- Offers Pre-Apply opportunity to IPOs.
- Zero account-opening charges.
Cons:
- Has an account maintenance charge of ₹ 240.
- Lacks copy trading feature.
App Screenshots:
3. Groww App
Groww trading app is one of India's fastest growing trading applications with more than 90 lakh users.
Features:
- User-friendly mobile trading app with clean UI.
- Provides the latest financial market news and insights, blogs, videos, resources, and content.
- Real-time price updates with an in-app help feature.
Pricing:
- Equity Delivery Brokerage is 0.05% on order value, up to Rs. 20.
- Groww app intraday trading brokerage is 0.05% on order value, up to Rs. 20.
Pros:
- No account opening & maintenance charge.
- One-click order placement.
Cons:
- Advanced order types like Bracket orders, After Market Orders, etc.
- IPO investment and stock alerts are not provided.
App Screenshots:
5. 5Paisa Mobile App
It is one of the best stock trading apps for beginners willing to start their trading journey.
Features:
- Provides access to world-class charting tools and analyses stock market trends.
- We get real-time stock prices and quote updates from the NSE, BSE, and MCX.
Pricing:
- Account Maintenance Charge is ₹ 45.
- Equity Delivery Brokerage is ₹ 10 per order.
- Equity Intraday Brokerage is ₹ 10 per order.
Pros:
- One-click order placement.
- Offers to trade in all segments, including Equity, Derivatives, Commodity and Currency.
- No account-opening charges.
Cons:
- Requires high-speed network connection to load charts.
- No option to view charts in a 15 min time frame.
App Screenshots:
6. ICICI Direct
The ICICI Direct online trading app provides traders and investors with an exceptional trading experience with never-before-seen features.
Features:
- Best-in-class analytical tools like OI Graphs on Option Chain, Live P&L Monitoring, and much more.
- Receive real-time alerts and research calls.
- Biometrics-based login feature.
Pricing:
- Equity Delivery Brokerage is 0.18% on order value.
- Equity Intraday Brokerage is 0.018% on order value.
Pros:
- A 3-in-1 online trading app that links our banking, trading, and Demat accounts.
- No account-opening charges.
Cons:
- In comparison to other best trading apps in India like Zerodha Kite Mobile, Upstoc, and others, the technical charts provided are not interactive enough.
- High account maintenance charge of ₹700.
App Screenshots:
7. HDFC Securities
HDFC Securities mobile trading app is one of India’s leading full-service stockbrokers that provide us with the most recent share market updates, real-time charts, investment ideas, and more.
Features:
- Beautifully designed trading app with an enhanced visual interface.
- Stay up to date on the stock market by viewing Sensex charts for BSE and NSE Nifty 50 live data on a single screen.
Pricing:
- Equity Delivery Brokerage is 0.15% on order value or ₹ 25 per order.
- Equity Intraday Brokerage is 0.015% on order value or ₹ 25 per order.
Pros:
- Call and Trade service is available.
- No account-opening & maintenance charges.
Cons:
- Doesn't offer trading in the commodity segment.
- The brokerage calculator is not flexible.
App Screenshots:
8. Motilal Oswal MO Trading App
The Motilal Oswal mobile trading app is India's best trading app for beginners, specifically designed to meet the needs of both old and new traders who are passionate about trading!
Features:
- Provides a secure trading platform.
- Enables quality stock analysis.
- Provides daily stock market recommendations.
Pricing:
- Equity Delivery Brokerage is 0.35% on order value.
- Equity Intraday Brokerage is 0.035% on order value.
Pros:
- This online trading app is also compatible with the Web & EXE platform.
- No account-opening charges.
- Low account maintenance charge of ₹ 20.
Cons:
- Requires high internet speed.
- Non-availability of 3-in-1 account.
App Screenshot:
9. Edelweiss Mobile Trading App
It is one of the safest trading apps in India, offering intraday trading, streaming quotes in real-time, and financial market news.
Features:
- India's best trading app offers detailed option chains and open interest analysis for F&O trading.
- Advanced technical charts, trending live share market news & stock exchange updates.
Pricing:
- Equity Delivery Brokerage is 0.30% on order value.
- Equity Intraday Brokerage is 0.03% on order value.
Pros:
- Invest in upcoming IPOs.
- No account-opening charges.
Cons:
- Login-related concerns were observed at times.
- High account maintenance charge of ₹ 500.
App Screenshot:
10. IIFL Market Trading App
The IIFL trading app is the biggest investment platform and one of the best trading apps in India to earn money and achieve our financial goals along with lakhs of other investors.
Features:
- This free trading app provides Algo and AI-based trading tips.
- Financial charts and analytics are easy to understand and use, with real-time updates.
- Offers multiple watchlists, each with up to 50 scripts.
Pricing:
- Equity Delivery Brokerage is Zero.
- Equity Intraday Brokerage is ₹ 20 per order.
Pros:
- Allows global investing to invest in US-based stocks.
- No account opening charges.
- Investor support with a single click.
Cons:
- Doesn't offer Direct Mutual Funds.
- Customers receive margin funding without notice.
App Screenshot:
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