Disclaimer:
This content is for informational purposes only and not financial advice. Investments carry risks, including loss of principal. Always research or consult a financial advisor before investing. Use investing apps at your discretion.
Everyone knows that every second matters in trading. There are thousands of trading apps but not all trading apps are fast and user-friendly. Most beginners are confused about which trading app is good for them. In this post, we shortlisted the best Trading App in India for beginners as well as pro traders.
It is very easy to find leading trading apps but it is hard to find 1- 2 best apps from them usually for beginners. All the leading trading app’s services and charges are very similar. We are listing 5 top trading apps with their charges, services, UI, etc. so, choose a trading app according to your need.
If you beginner then we are recommending two articles i.e. How to Start Trading in India (Scratch to Advance) and How to Invest in Stock Market for Beginners in India. These articles will help you a lot to learn about the Indian stock market.
A good trading app can not be good just because it is offering low brokerage. There are also a few trading apps available that are offering 0 brokerages on intraday trading and delivery but they are a lot of glitches and bugs in their app and web platform.
Tips for Choosing a Trading App
As we mentioned above that all the popular trading app services and charges are very similar but there are some differences in UI and features. These minor differences make the app very popular in the market or between beginners and experienced traders.
Below we are going to share some best trading apps in India with their features and also their pros and cons. So, choose the trading app according to your needs. We will also share which app we strongly recommend and why.
If you are a beginner then most probably you may be confused about choosing the best trading app. So, below we are sharing some features a good trading app must have. It will help you to take a good decision and also improve your knowledge.
- Smooth & User-friendly UI: A smooth and user-friendly UI helps a lot to access all the features quickly, place an order quickly, switch watchlists in seconds, have zero lag, and most importantly it looks very awesome.
- Quick Order Place: There are some very popular trading apps that provide great services but their order page is very poor because you can not place orders very quickly.
- GTT Order: Every app must have GTT (Good Till Triggered) features, it helps a lot of investors to place orders in advance. This feature is useful for those people who can not track a stock regularly.
- SIP: SIP is also a very popular feature for those people who invest in stocks monthly. This is a great feature for people who don’t have a lot of money to invest but want to get some good returns on their investments.
- Lowest Brokerage: There are a lot of traders who do scalping trading. Hope you know that in scalping trading, traders books a small profit as a result, a lot of profits go into the brokerage.
- Realtime chart: A few trading apps’ charts are stuck at some time and can be ignored but sometimes it takes a very long time to fully load. So, avoid the apps or you can check the chart on TradingView.com, almost all the apps use TradingView’s chart using API.
- Customer Support: The trading app you are going to use must have customer support. If you are facing any doubt or problem then they will help you to resolve them.
- Desktop Support: The broker services also should be available for desktop users also. In case, if you are facing some errors on the App version then you can use the desktop version of the broker.
- API: This is optional. If you want to do Algo-trading then your broker must have the API system. Some brokers provide API for free and some brokers charge some money for this.
Best Trading App in India
Above we shared which things to check while choosing a trading app for you. Below we are listing the Best Trading App in India in a list. The quick list will help you to choose the right trading app for you in almost no time.
We also shared all the features, pros, cons, and charges in detail. So now check all the features and everything about the trading apps that are mentioned below and take a decision by yourself.
Top Apps | Quick Link |
Kite by Zerodha Rating: 9.8/10 | |
Upstox Rating: 9.1/10 | |
Angel One Rating: 8.6/10 | |
Groww Rating: 8.5/10 | |
5 Paisa Rating: 8.1/10 |
1. Kite by Zerodha
Kite App ranks number 1 in our list and it is also recommended by us. This trading app is very popular among all the discount broker apps because of its high-speed trading, features, low brokerages, etc. In short, you also say this trading app is the leading trading app in the country.
Zerodha Kite App is good for beginners as well as experienced traders also. The ratio of the number of active accounts and number of the inactive accounts on Zerodha is very high. In short, Zerodha has the highest % of active accounts among all the trading apps.
Ratings on APK Stores
- Downloads: 10 Million+
- Our Ratings: 9.8/10
- Play Store Ratings: 43/5
- App Store Ratings: 3.2/5
Pros
- 100+ Indicators
- Very Clean and User-friendly UI
- Simple Funds Page
- Popular Trading and Investing App integration
- Console to check data in detail
- 10+ Language Support
- Two dark modes i.e. normal dark more and super black dark mode.
Cons
- You can not delete the watchlist, you can only rename
- Mutual Funds & IPO Option is not available
- Slow Order Page
Charges
Title | Charges |
---|---|
IPO | Rs. 0 |
Delivery | Rs. 0 |
Mutual Funds | Rs. 0 |
Intraday (All Segments) | Rs. 20 |
Account Opening Charge | Rs. 200 |
Account Maintenance Charge | Rs. 300/Year + GST |
2. Upstox
Upstox is also a very popular trading app in India. Upstox is backed by Mr. Ratan Tata and Tiger Global Management. The User Interface of the App is very amazing, especially Watchlist, you can switch between watchlists very quickly. It also offers a few features for F&O traders to minimize loss and maximize profit. The feature is only good for beginners not for experienced traders.
There are two different versions of the same app, one version is for beginners who do invest, and the second version of traders. Both versions have some extra features to help the users.
Note: Again, there are two different app versions o the Play Store and App Store. The New version has a lot of bugs and glitches, you can also check it in the review section of the Play Store and App Store.
Ratings on APK Stores
- Downloads: 10 Million+
- Our Ratings: 9.1/10
- Play Store Ratings: 4.4/5
- App Store Ratings: 4.5/5
Pros
- 100+ Indicators
- Clean UI
- Very Quick Order Page
- Quick Buy & Sell Feature
- Dark Mode Looks Great
- Easy Funds Page
- Quick Watchlist Switching
- Different Interfaces for Traders and Investors
- Shares News and Updates about Market
Cons
- New Version has Lots of Glitches and Bugs
- The Primary color causes eye pain
- Useless F&O feature
- Sends Multiple Notifications again and again
Charges
Title | Charges |
---|---|
IPO | Rs. 0 |
Delivery | Rs. 20 |
Mutual Funds | Rs. 0 |
Intraday (All Segments) | Rs. 20 |
Account Opening Charge | Rs. 0 |
Account Maintenance Charge | Rs. 0 |
Note: Sometimes they charge for account opening and sometimes not. Visit the official website for the latest charge on account opening.
3. Angel One
Angel One is also a very popular trading app among traders. In this app, there are a lot of features that make trading as well as investing very simple for both beginners and experienced traders.
They also launched many platforms for trading, investing, and learning. If you want to learn to trade and invest you should visit their website for more information.
Top Features of Angel One
- Advisory: Here they provide calls on all segments. The ratio of positive calls is good as mentioned on their website.
- ARQ Prime: ARQ Prime is for people who want to invest in stocks for the short term.
- Investment Opportunities: Mutual Funds, IPO, SGB, Insurance, etc.
- GTT
- Stock SIP
- Insta Trade: For the traders who face problems while selecting the right Strike Price.
- Option Simplified: Very useless feature of the Angle One
Ratings on APK Stores
- Downloads: 10 Million+
- Our Ratings: 8.6/10
- Play Store Ratings: 3.9/5
- App Store Ratings: 3.6/5
Pros
- Advisory
- ARQ Prime to make good returns on investments
- Insta Trade to help beginners
- 3rd Party App Integration
- Learning Platforms
- 100+ Indicators
- Very Quick Order Page
Cons
- Very Poor User Interface
- Portfolio UI is very poor
- Lags many times
- There is no option to TURN OFF Advisory Notifications
- Dark Mode is very useless and Poor
- Shows Profit & Loss (P&L) of each financial year. Don’t have any option to check the P&L of any specific time period.
Charges
Title | Charges |
---|---|
IPO | Rs. 0 |
Delivery | Rs. 0 |
Mutual Funds | Rs. 0 |
Intraday (All Segments) | Rs. 20 |
Account Opening Charge | Rs. 0 |
Account Maintenance Charge | N/A |
4. Groww
If you are looking for any app who is UI is super easy and easy to understand. Then the Groww App is only for you. This app is most popular among mutual fund investors and I have seen very less people using the app in trading.
This app also has several categories in Mutual Funds like high return, SIP with Rs 500, Better Than FDs, Tax Savings, and much more to make your work very easy.
The Good thing about the Groww team is that they upload educational videos on their youtube channel to help their users and subscribers. Check out their YouTube channel to know more in detail.
Note: This app is good for only those traders who are new and facing issues with understanding other popular trading Apps.
Ratings on APK Stores
- Downloads: 10 Million+
- Our Ratings: 8.5/10
- Play Store Ratings: 4.5/5
- App Store Ratings: 4.3/5
Pros
- Good for Mutual Funds Investors
- Good for Stock Investors
- Categorized Futul Funds
- Very clean and easy UI
- Good for Beginners
- Easy to understand UI
Cons
- Missing Stock SIP feature
- Not Good for traders
- UI is not good
Charges
Title | Charges |
---|---|
IPO | Rs. 0 |
Delivery | Rs. 20 |
Mutual Funds | Rs. 0 |
Intraday (All Segments) | Rs. 20 |
Account Opening Charge | Rs. 0 |
Account Maintenance Charge | Rs. 0 |
5. 5Paisa
5Paisa is a very good broker for people who want to invest in stocks as well as traders. This Trading App ranks at no. 5th on our list. Ranking in 5th position does not mean the app is not good, this app is providing some features or services that others are not providing.
If you want to do scalping trading then this app is only for you because you have to pay Rs. 10 per order if you buy their add-on packs. As a result, you can save a lot of brokerages. Some top features of the APK are mentioned below.
Ratings on APK Stores
- Downloads: 10 Million+
- Our Ratings: 8.1/10
- Play Store Ratings: 4.3/5
- App Store Ratings: 4.2/5
Top Features of 5Paisa
- Pay low brokerage with Add-on Packs
- Tech-based & free advisory services
- Advanced chart with indicators
- Some options in UI to select
Pros
- UI options to select
- Tech-based free advisory
- Add-on packs reduce brokerage
- Pre-IPO Apply
- One-click order placement
- Robo Investment Advisor
Cons
- Tech-based Advisory can not be trusted
- App lags a lot of times
- A lot of issues with the chart mentioned in the reviews section of the APK Store.
Charges
Title | Charges |
---|---|
IPO | Rs. 0 |
Delivery | Rs. 20 |
Mutual Funds | Rs. 0 |
Intraday (All Segments) | Rs. 20 |
Account Opening Charge | Rs. 0 |
Account Maintenance Charge | Rs. 0 |
FAQs
Above we mentioned 5 top trading apps in India. All the apps are very similar but some services are quite different. read the article and check the features of each trading app and choose according to your need. By the way, according to me, the Kite app is the no. 1 trading app in India.
The trading apps we mentioned above are legal and registered in India. We strongly suggest you do not download any app from any source for trading and investing purposes.
The Zerodha Kite is a lot better than Groww. There are very huge differences between their services and features.
Yes, you can have 2 Demat accounts from different brokers. You can not have more than 1 Demat account from the same broker with the same Id.
Yes, Zerodha charges rs. 300 + GST.
Final Words: Above we shared the best trading apps in India. These shared trading apps are good for beginners as well as experienced traders also. We shared 5 trading apps with all the top features and Pros & Cons. We also shared all the charges of each trading app and we suggest you check the official website to get the latest charge. Want to know more about trading and investments, visit moviden.com.
Thanks for the clarification and informed decisions about investment to start trading with recommendations, analysis, and staying on top of the market with these stock apps for traders.