The most crucial action you can do to safeguard your financial future, in our opinion, is investing.
However, you must absolutely ensure that you’re using one of the top brokerage accounts available right now if you want to achieve the best investing results hassle-free.
Best trading platforms for beginners were examined and ranked by specialists over the course of several hundred hours, resulting in the list below.
To help you choose the best trading platform, we’ll break down what you need to know about online brokerages below.
Our Top Picks
Best Overall – PayTM Money
Paytm Money is India’s best overall trading application, offering Rs. 500 free brokerage this month. Aside from that, the app has an easy-to-use interface and a lot of advanced trade analysis tools that can help you.
Best for Trading – Aditya Birla Money
ABML is a top online share broker in India. ABML offers Equity and derivative trading, Investments, stock tips, Home Loans, FD, Gold Loans, and SME loan advice.
Best Forex Trading – Zerodha Kite
Zerodha Kite is the best forex trading application in India as it allows people to trade across so many assets and provides many free trade analysis tools that can be helpful for them.
Best for Beginners – Groww App
Groww App is the best trading application for beginners due to its simple and easy-to-use user interface. It allows people to open a new Groww Demat account for free. You will also get a huge portfolio of local and international stocks on this app, which can be helpful for you.
List of The Top 10 Trading Apps In India
| Rank | Names | Ratings | Top Features | Fees(Per Trade) | Best Offers |
| 1 | Paytm Money | 5.0/5.0 | Zero commission on direct mutual funds | Rs. 15 | Rs. 500 free brokerage this month |
| 2 | Zerodha Kite | 5.0/5.0 | Has all the stock trading options | Rs. 20 | Zerodha Referral and Earn: Flat 10% Brokerage + Extra 300 Reward Points |
| 3 | Angel One | 5.0/5.0 | Rapid buying and selling of stocks | Rs. 20 | Free Offer: Free Demat Account |
| 4 | Upstox App | 4.7/5.0 | Best for instant investing | Rs. 20 | Sign Up Offer: Sign up for Free and start your investing journey today |
| 5 | Groww App | 4.6/5.0 | Perfect for Beginners | 0.05% or Rs. 20(which one is lower) | Mutual Funds Offer: Get Up to 65% back on your mutual fund investment |
| 6 | 5paisa App | 4.6/5.0 | Has an auto-investing option | Rs. 20 | 5paisa IPO Offer – 30 days Power Investor Subscription Free |
| 7 | ICICI Direct App | 4.5/5.0 | Pay Later with marginal trading | Rs. 20 | No current offers |
| 8 | EdelweissApp | 4.3/5.0 | Has many advanced trade analysis tools | Rs. 10 | No current offers |
| 9 | FLYERS | 4.0/5.0 | One of the lowest trading fees | 0.03% or Rs. 20(which one is lower) | Free Account Opening |
| 10 | AliceBlue App | 4.0/5.0 | Just Rs.15 for intraday trading | Rs. 15 | Special offer: Trade brokerage-free equity delivery |
Comparison Between Apps
| App Name | Ratings | Charges | Unique Features |
| Paytm Money | 5.0/5.0 | Rs. 500 free brokerage this month | Many free trade analysis tools and pending bonuses on trading volumes |
| Zerodha Kite | 5.0/5.0 | No charges for equity delivery | It is an all-in-one trading solution |
| Angel One | 5.0/5.0 | No charges for trade across any segment | A perfect option for beginners |
| Upstox App | 4.8/5.0 | Rs. 20 for per executed orders | Advanced charting tools with over 100 technical indicators |
| Groww app | 4.6/5.0 | Rs. 20 or 0.05% (which is lower) per executed order | 100 percent paperless process to open an account |
| 5paisa App | 4.6/5.0 | Rs. 20 per trade | Has an auto-investing option |
| ICICI App | 4.5/5.0 | 0.05 percent brokerage charges | Pay Later option with marginal trading |
| Edelweiss App | 4.3/5.0 | Rs. 10 per executed trade | Very low brokerage charges |
| FLYERS | 4.0/5.0 | No brokerage charges and account opening charges | No commission on investing in mutual funds |
| AliceBlue App | 4.0/5.0 | Rs. 15 per trade charge | One of the lowest intraday trading charges |
Complete Review Of All Best Trading Apps In India
1. PayTM Money
Paytm Money is registered with SEBI as a stockbroker and investment advisor. The corporation is a member of NSE, BSE, and CDSL as a depository participant and member. Paytm Money was founded as a platform for direct mutual fund investments. Rs. 500 free brokerage this month.
- Android Rating – 4.5/5.0
- IOS Rating – 4.0/5.0 stars
- App Downloads – 100K +
- Specialty – All types of trading solutions
- Company – PayTM
Features
- Free equity trading
- Zero commission on direct mutual funds
- Maximum brokerage is Rs. 15 per trade
- Zero maintenance charges
- Fully digital account opening process
- Feature to switch external regular mutual fund to direct mutual fund
| Pros | Cons |
| Many free analysis tools to determine your mistakes | NA |
| A simple-to-use platform | |
| Great customer support |
Charges:
- Paytm Money uses a fixed brokerage model for intraday trading, charging a flat fee of Rs 15 or 0.05% (whichever is lesser) for each executed order. All segments have Rs. 15 maximum brokerages payable per order.
2. Zerodha Kite
Zerodha Kite is an all-in-one trading solution for people. It has many advanced trade analysis tools and a very simple user interface, making it a superb option for both beginners and professional traders.
- Android Rating – 4.3/5.0
- IOS Rating – 3.2/5.0 stars
- App Downloads – 100 Lakhs +
- Specialty – Provides all types of trading option
- Company – Zerodha
Features:
- Superfast buying and selling of stocks
- A large number of both local and international stocks are listed
- Simplistic user interface
- It is an all-in-one trading solution
| Pros | Cons |
| Numerous languages are supported | The mutual funds option is not available |
| Trading can be done even with a weak internet connection |
Charges:
- Rs. 20 is charged per executed order in intraday
- No brokerage charges across any investments
3. Angel One App
The Angel One trading application has a very simple and easy-to-use interface, which makes it a great option for beginners. It comes with many advanced trade analysis tools, helping people discover their mistakes and become better traders.
- Android Rating – 4.2/5.0
- IOS Rating – 3.6/5.0 stars
- App Downloads – Over 1 crore
- Specialty – Has many advanced trade analysis tools
- Company – Angel One
Features:
- Quick selling and buying of stocks
- Amazing user interface
- Mutual funds investment option is available
| Pros | Cons |
| Low investment charges | Provides no support for e-wallets |
| Option to invest in the upcoming IPO in India | Does not have the copy trading feature |
Charges:
- Rs. 20 is charged across commodities, forex, options and futures
4. Upstox Pro Trading app
Upstox Pro is one of the biggest trading applications in India, owned by Upstox. It is popularly known for its instant investing feature and huge local and international stock portfolio.
- Android Rating – 4.3/5.0
- IOS Rating – 4.1/5.0 stars
- App Downloads – Over 1 crore
- Speciality – Universal searching tools to determine easy and complex stocks
- Company – Upstox
Features:
- Allows instant investing
- Comes with TFC feature
- You can define n number of price alerts to get instant updates
| Pros | Cons |
| You can set limits for aftermarket orders | You can’t invest in IPOs and FPOs using this app |
| Very simple user interface |
Charges:
- Rs. 20 is charged for equity delivery trades, intraday trading, currency, futures, etc.
5. Groww App
Groww is considered to be the best beginner-friendly trading application in India. It allows people to open their Demat account for free and offers them many amazing trading analysis tools that can be helpful for them.
- Android Rating – 4.6/5.0
- IOS Rating – 4.4/5.0 stars
- App Downloads – Over 1 crore
- Specialty – Perfect for beginners
- Company – Groww
Features:
- Allows you to open a free Groww Demat account
- No commission on mutual fund investments
- Very simple user interface
| Pros | Cons |
| You can place an order with a single click | Charges for call and trade per order is very high |
| No charges to open your account or to maintain it | It does not support an NRI account |
Charges:
- Rs. 20 or 0.05% (whichever is lower) is charged for equity intraday, equity delivery trades
6. 5paisa App
5paisa App is one of the most popular trading applications in India. It allows its customers to trade at all three big exchanges, i.e., BSE, NSE, and MCX, which makes it a superb option.
- Android Rating – 4.3/5.0
- IOS Rating – 4.1/5.0 stars
- App Downloads – Over 50 lakhs
- Specialty – Perfect for auto investing
- Company – 5paisa
Features:
- You get an auto-investing option
- Allows you to invest in mutual funds
- Regularly provides amazing offers to its customer
| Pros | Cons |
| You can set price and time alerts | Do not have commodity trading option |
| No commission on the mutual fund’s investment |
Charges:
- Rs. 20 is charged per order for all forms of trading segment
7. ICICI Direct App
ICICI Direct App is one of the biggest trading platforms in India, which ICICI Group owns. It provides online trading and investment services to more than 50 lakh customers. You can open your account on this platform for free.
- Android Rating – 3.6/5.0
- App Downloads – Over 10 lakhs
- Speciality – Easy-to-use trading application
- Company – ICICI Group
Features:
- Provides many analytical tools such as charting, graphs, live P&L statements
- Speedy order placements, just swipe to sell or buy stocks
- Offers several plans with features and benefits such as neo plan, prime plan, etc.
| Pros | Cons |
| Just swipe to buy or sell stocks | Not great reviews on iOS and Android |
| Pay later with a marginal trading option | Slow login process |
Charges:
- Rs. 20 per executed order for equity delivery, options, etc.
8. Edelweiss App
The Edelweiss App is known for its simple single-touch login feature, which can be done using your fingerprint. It allows people to have real-time streaming of stock prices and provides many advanced trading tools they can use to analyze the market properly.
- Android Rating – 4.3/5.0
- IOS Rating – 4.0/5.0
- App Downloads – Over 10 lakhs
- Specialty – Very low brokerage charges for all executed orders
- Company – Edelweiss
Features:
- Provides many advanced market analyzing tools that can help you make accurate decisions
- Allows you to log in just with your fingerprint
| Pros | Cons |
| No charges to open your account | Charges for call and trade are high |
| Beginner-friendly user interface | |
| Simple to transfer fund |
Charges:
- Just Rs.10 for all executed orders as brokerage.
9. FYERS App
FYERS is one of the best trading platforms in India. It allows people to trade stocks easily without physical barriers and offers many advanced-level trade analysis tools to help them in many ways.
- Android Ratings – 4.0/5.0
- IOS Rating – 2.3/5.0
- App Downloads – Over 1lakhs
- Specialty – Perfect option for professional traders
- Company – FYERS Securities
Features:
- Allows you to get real-time data through the market watch
- Quick and reliable charts, streaming quotes
| Pros | Cons |
| Advanced-level trading options | Very bad reviews over IOS |
| No brokerage charges for equity delivery trades | High deposit charges |
Charges:
- Rs.20 per order across all segments, such as equity, intraday, etc.
10. AliceBlue App
The AliceBlue Trading application has one of the lowest brokerage charges in the share market industry. It offers many different trading options, such as commodities, equity, futures, etc., which can be helpful for you.
- Android Ratings – 4.0/5.0
- App Downloads – Over 1 lakh
- Specialty – Very low fees and offers all types of trading options
- Company – AliceBlue
Features:
- Very low intraday trading charges
- Many trade analysis tools
- Offers all types of trading options
| Pros | Cons |
| Just Rs. 15 for intraday trading | Not much popular |
| Simple and easy-to-use interface |
Charges:
- Rs.15/order for all the executed orders
Benefits Of Using The Best Trading Apps and Tips
Benefits
- Can get live stock market updates
- Simple and easy-to-use user interface
- Simple and quick order placement
- Huge portfolio of both local and international stocks
- Amazing customer support
- Many advanced trade analysis tools
Tips
- Always set reminders for stock prices
- Make use of the advanced trade analysis tools to find out your mistakes
- Book profit when your target is reached
Best App For Trading – Best Stock Market Apps With Their Trading Charges
| Names | Trading Charges |
| Finq.com | 0.08% – 0.20% (depending on your account type) |
| Zerodha Kite | Rs. 20 |
| Angel One App | Rs. 20 |
| Upstox App | Rs. 20 |
| Groww App | 0.05% or Rs. 20 (which one is lower) |
| 5paisa online trading app | Rs. 20 |
| ICICI Direct App | Rs. 20 |
| Edelweiss App | Rs. 10 |
| FLYERS | 0.03% or Rs.20(which one is lower) |
| AliceBlue App | Rs. 15 |
Parameters To Consider While Choosing The Best Trading App In India
It is not easy to find a good trading app nowadays. You should consider several things while considering the best trading app in India. Here are some of the important parameters among them-
- Reliability – You should look for safe and reliable apps, such as Zerodha Kite and Angel One. It would allow you to trade stocks without any tension.
- World-class features – Make sure you find trading applications with great and unique features. It can allow you to enjoy many benefits.
- Easy and user-friendly interface – You won’t want to go through several manuals just to buy or sell stock. Therefore, use a trading application with an easy and user-friendly interface. It can simplify everything for you and would save you lots of time.
- Prices charged by them – Every trading application has different trading charges. You should go for applications that have the lowest trading fees. It would save you lots of money in the long run.
- Superfast trading speed – Every second is precious while you are trading. Doing a little late while selling your stocks may lead you to face losses. So, look for an application that has superfast trading speed.
Key features of the Best Trading App In India
Cross-Platform: Time is a very important component in trading, so trading applications are created to enable users to connect to their app in seconds on various media platforms. These may be utilized on iOS and Android platforms, giving consumers access to their software at any location or device.
Real-Time Data: The main function of a trading app is this, which is why the trading and investment community uses them so frequently. One can easily trade or invest in various platforms just by sitting at home or working from the office because their trading app gives them access to real-time data, live news, pricing, and other real-time information. Real-time data, for instance, instantaneously displays the price variation of a specific stock, assisting traders in making profitable trades.
Notifications: Smart notifications are a crucial feature that no trader wants to overlook since they can work wonders for your app. Alerts and notifications go a long way toward assisting traders in conducting timely and effective trades. While some apps charge for immediate alerts and notifications, others might give them out for free.
The volume of Trades: The trading app enables traders or investors to quickly execute big volume deals and quickly profit from their investments.
Online Chat: For any online trading application to succeed in the long run, customer satisfaction is crucial. Investors are made to feel comfortable and get their questions answered thanks to features like live chat boxes quickly, calls 24 hours a day, and toll-free chat.
Difference between Online and offline Trading
| Online Trading | Offline Trading |
| No reliance on share brokers or middlemen. | Complete reliance on stock brokers and intermediaries. |
| Orders can be placed promptly and directly. | As it is done through share brokers, it takes time. |
| One trading app provides access to asset classes, including MFs, equities, currencies, commodities, and IPOs. | The user must speak with many brokers separately to transact in multiple asset classes, which can be a time-consuming operation. |
| You get access to high-quality guidance and research studies. Also, you get immediate access to learning blogs and study materials if you are new to markets. | The broker’s recommendations and guidance are entirely reliant on the user. |
| Access to real-time updates and live broadcasts. | No such access to real-time information and live feeds. |
| Account opening without paper. | It takes a lot of paperwork to open a Demat account through a share broker. |
| The entire process is online and digital, and the speed of transactions is really quick. | Transaction processing speed is noticeably slower owing to manual involvement. |
| Apt for both experienced investors and traders of the modern era. | Apt for conventional, traditional, and non-tech-aware investors and traders. |
A step-by-step guide to downloading a Trading App
- Choose your broker and use the mobile number associated with Aadhar to download their XYZ trading app.
- When signing up, create a user ID and password, and keep your PAN, Aadhar, and bank account numbers handy for online document submission.
- You must enter the OTP that was received from the trading app to your registered cellphone number after providing all the necessary information.
- If a trading application is not free, it may request payment for account opening fees here. You can also login right away if it’s free.
- Once logged in, you may start trading and make a watchlist.
Documents required for opening up a Trading Account App?
- Submit any one photo identity proof like a PAN card / Voter’s ID / Passport / Driving license / Aadhaar card.
- Anyone’s address proof must be submitted, like a Landline bill / Electricity bill / Bank statement / Ration card/ Passport / Voter’s ID.
- An income proof will be required to open a trading account like the last six months’ bank statement/ three months’ salary slips/Income tax return
- Any bank account proof for successful transaction processes like a Canceled cheque/ bank passport/account statement
- A passport-size photograph
- Digital signature
FAQs:
1) Which trading app is safe in India?
Zerodha Kite, Angel One, and Finq.com are some of the safest trading applications in India. And if you are looking for more, you can check the list above.
2) Which trading app is the cheapest in India?
Edelweiss is the cheapest trading app in India, with just Rs. 10 per trade.
3) Is trading safe?
Yes, it is 100% safe to trade. You should only make sure you use a good and renowned trading app.
Conclusion
You can start trading if you want to generate a good amount of side income. It can be done using trading applications. We have listed some of India’s best ones here, which you can check out.
