11 BEST Trading Apps in India (Stock Market App) in 2023
Matthew Martin
The stock market offers a variety of investment and trading opportunities for everyone. From business owners to investors to entrepreneurs and more, all want to trade in the market to make maximum profit. However, staying up to date with the happenings of the stock market isn’t easy. That’s where trading apps come into play.
Mobile trading apps provide excellent push notifications, research reports, charts analysis, perfect, high-speed trading, technical and fundamental equity reports, etc. Let’s help you decide on the best investment app in India.
They support trades in stocks, mutual funds, currencies, and many more.
Best Trading Apps in India: Top Stock Market Broker
| Name | Fees | Platforms | Language supported | Link |
|---|---|---|---|---|
| 👍 Zerodha | Rs. 20 per order/ 0.03% | Android and IOS | English, Hindi, Kannada, Telugu, Tamil, Punjabi, and many more | Learn More |
| ICICI Direct | Rs. 25 per order | Android and IOS | English, Hindi, Marathi, Punjabi, Telugu | Learn More |
| Nuvama | Rs. 10 per Trade | Android and IOS | English | Learn More |
| Axis direct app | Rs. 10 per order/0.50% | Android and IOS | English, Hindi, Punjabi, Marathi, Tamil | Learn More |
| Upstox | 20 Rupees per order/ 2.25% | Android and IOS | English and Hindi | Learn More |
| IIFL markets | Rs. 20 per Trade | Android and IOS | English | Learn More |
| Angel Broking | 20 or 0.25% per executed order | Android and IOS | English, Hindi, Marathi, Gujrati, and many more | Learn More |
| Groww app | Rs. 20 per order/ 0.05% | Android and IOS | English | Learn More |
| Sharekhan | 0.50% | Android and IOS | English | Learn More |
| FYERS markets | Rs. 20 per order | Android and IOS | English | Learn More |
| Motilal Oswal trading app | 0.50% | Android and IOS | English, Hindi | Learn More |
1) Zerodha
Reason chosen: It’s an easy-to-use stock market app that provides excellent analytics in charts and executes trades quickly.
Zerodha was the first-ever discount broker in India. It went on to become the number 1 mobile trading platform in India. The app showcases only the most valuable and relevant information for you.
Their excellent features allow you to filter out and shortlist the stocks for potential investments. Analyzing performance and making better decisions are more accessible with data-rich charts and analytics.
Another reason why Zerodha is the best share market app in India is its tech-first approach and heavy discounts offered. More overall, the investments at Zerodha are mostly brokerage free. Customers love that they are charged 0 brokerage fees for assets held for longer than one day.
- API Access: Kite Connect API
- Charts: Yes
- Can you Apply to IPO? Yes
- Currency Trading? Yes
- Commodities Trading? Yes
- Customer Service? Call and Email
Features:
- Easy to use mobile trading apps
- Gives you access to level 3 data or 20 market depth.
- Fastest, most reliable, and best stock market apps in India.
- Supports multiple data-rich widgets
- Advanced filter options to shortlist favorite stocks
- Charts with over 100 indicators for analyzing performance.
- Android Ratings: 4.3
- iOS Ratings: 3.5
- App Downloads: 10M+
Pros
Cons
- A/C Opening Charges: Rs. 200
- Price: Free charges on equity delivery and Rs 20 or 0.03% per Trade for intraday and F&0.
2) ICICI Direct
Reason chosen: It has a variety of charts and other technical indicators, and it also provides heat maps to visualize complex data quickly.
ICICI direct is one of the best trading apps in India that provides multiple features such as charting & reporting, grid view, top gainers & losers, etc. They have made investing in existing and new fund offers (NFO) completely hassle-free. They are impaneled with 37 AMCs.
Their research-backed products and recommendations enable you to make an informed investment decision. It gives you the freedom to trade all kinds of investment instruments. ICICI Bank customers may get additional benefits by using ICICI Direct.
- API Access: ICICI direct API
- Charts: Yes
- Can you Apply to IPO? Yes
- Currency Trading? Yes
- Commodities Trading? Yes
- Customer Service? Website
Features:
- Wide range of customization options for the market watch.
- Variety of technical indicators and charts.
- Heat maps to visualize complex data easily
- Simple and practical technical analysis
- It also allows you to have multiple watchlists, but you can add up to 50 stocks to a watchlist.
- Instant paperless online account opening.
- Android Ratings: 3.6
- iOS Ratings: 3.8
- App Downloads: 10L+
Pros
Cons
- A/C Opening Charges: Free
- Price: Rs.20 for every equity intraday trade, 0.05% for equity futures, Rs 95 per a lot of Equity Options, and Rs 20 per currency orders
Link: https://www.icicidirect.com/
3) Nuvama
Reason chosen: It supports multiple technical charting and allows you to make a customized watchlist, manage IPOs, and more with 23+ data-rich reports.
Nuvama is a Mumbai-based company providing financial services, broking services, and investment advisories to more than 5 lakh clients. Their experienced employees, excellent tools, customizable reports, reliable services, and many more features make it the best trading app in India.
Nuvama mobile trading app has a significant presence in retail mutual funds and stock market trading.
- API Access: Nuvama API Connect
- Charts: Yes
- Can you Apply to IPO? Yes
- Currency Trading? Yes
- Commodities Trading? Yes
- Customer Service? Call, Email, and Website.
Features:
- It allows you to make a customized watchlist to track 100 stocks.
- Supports multiple technical charting, 80+ technical indicators, and drawing tools.
- Supports mutual fund investments directly as well as regular plans.
- Dedicated IPO section displays all upcoming IPOs.
- Access to 23+ reports, including transactions, P&L statements, etc.
- Research team provides research recommendations across equity, currency, derivatives, and many more.
- Android Ratings: 4.3
- iOS Ratings: 3.9
- App Downloads: 10L+
Pros
Cons
- A/C Opening Charges: Free
- Price: Rs. 10 per Trade of intraday, options, and futures
4) Axis Direct App
Reason chosen: This online trading app is suitable for beginners and professionals thanks to its excellent user interface and technical and analytical tools.
Axis Direct is a subsidiary of Axis Bank Ltd, which distributes retail customers a wide array of financial solutions and services. A broad spectrum of lending strategies can be used for customers.
Axis Direct has a working client base of more than 300,000. It has NSE, BSE, MSEI, and MCX-SX subscriptions and enables you to trade over multiple financial segments, such as equity, currency trading, IPO, etc.
This app has been designed keeping in mind the requirement of the traders who travel a lot. Axis bank customers enjoy an even better experience due to their excellent integrations between banks and Demat accounts.
- API Access: Axi API
- Charts: Yes
- Can you Apply to IPO? Yes
- Currency Trading? Yes
- Commodities Trading? Yes
- Customer Service? Call and Email.
Features:
- Voice commands allow users to speak commands and get them executed efficiently.
- Live-streaming of the prices of different assets, news updates, and more.
- App is loaded with technical and analytical tools.
- Supports investing in stocks, mutual funds, commodities, currencies, etc.
- Excellent for existing Axis Bank customers.
- It provides detailed information about every IPO.
- Android Ratings: 3.4
- iOS Ratings: 2.6
- App Downloads: 10L+
Pros
Cons
- A/C Opening Charges: Free
- Price: Equity delivery at 0.50%, Equity intraday at 0.05%, and Equity future: 0.05%
5) Upstox
Reason Chosen: Upstox is a trusted trading solution that provides price alerts and extensive charts/analytics.
Upstox, earlier known as RKSV securities, is a leading discount broker in India. Based near Mumbai, Upstox is one of the most popular intraday trading apps. Prominent investors like Mr. Ratan Tata back them.
Upstox allows users to monitor their performance with price alerts and many other tools. Furthermore, Upstox provides quick and helpful news updates relevant to your investments.
Upstox provides multiple stock trading options with an easy-to-use interface. You can trade in stocks, mutual funds, digital gold, etc. It offers extensive charts to help you.
- API Access: Upstox API
- Charts: Yes
- Can you Apply to IPO? Yes
- Currency Trading? Yes
- Commodities Trading? Yes
- Customer Service? Chatbot, Email
Features:
- Speediest buying and selling execution.
- Excellent accessibility and very easy to use.
- Live-data streaming features and news updates.
- Supports fast trading executions
- Minimal trading charges on transactions.
- An unlimited number of price alerts.
- Android Ratings: 4.2
- iOS Ratings: 3.9
- App Downloads: 50L+
Pros
Cons
- A/C Opening Charges: Free
- Price: Rs 20/2.5% for Equity Intraday, Equity, Equity Futures, Currency Futures, and Commodity Futures (whichever is lower).
Link: https://upstox.com/
6) IIFL Markets
Reason chosen: IIFL Markers app is packed with genius tools for technical analysis, price alerts, and excellent customer support via WhatsApp.
India Infoline (IIFL) is a very reputed full-service stockbroker in India who has been in the brokerage business since 1995. Anyone looking for something more like research and recommendations can consider IIFL.
IIFL Markets app is one of the best online trading platforms in India. It’s a beautiful stock market app that offers personalized service to each one of its clients. IIFL “Buzz” provides customers with the latest market updates and critical information about their investments.
But, the IIFL Markets app is worth it for newcomers. That’s because it’s the best trading app in India for fast and easy customer support. They have excellent customer support available on call, WhatsApp, email, and many more.
- API Access: IIFL Trading API
- Charts: Yes
- Can you Apply to IPO? Yes
- Currency Trading? Yes
- Commodities Trading? Yes
- Customer Service? Call, Email, WhatsApp, IVR, and IVR voice messages.
Features:
- Different support channels like call, intelligent Chatbot, WhatsApp, etc.
- Trade inequities, F&O, currencies, and commodities.
- Free research reports of 500 top listed companies in BSE/NSE.
- Options chain feature provides analytics and insights to make better decisions in futures and options trading
- It has price alerts and notification settings.
- Create up to three watchlists with 50 stocks each.
- Android Ratings: 4.4
- iOS Ratings: 4.4
- App Downloads: 5M+
Pros
Cons
- A/C Opening Charges: Free
- Price: Rs. 20 per executed order for intraday, F&0, currencies, commodities, and 0 brokerages on equity delivery.
Link: https://www.indiainfoline.com/
7) Angel Broking
Reason chosen: Customers choose Angel broking due to its zero brokerage fees, and their readymade portfolios are a blessing for newcomers.
Angel broking app brings excellent time-saving features for investors/business people making it one of the best trading apps in India. The app is packed with unique features such as an excellent user interface, readymade portfolios, and many more that make your stock market trading experience smoother.
Angel broking has been in the broking industry for more than 30+ years. They offer various services to their customers like brokerage, insurance, mutual funds, etc.
Angel broking app has slashed the charges following the discount brokerage model.
- API Access: Angel One Smart API
- Charts: Yes
- Can you Apply to IPO? Yes
- Currency Trading? Yes
- Commodities Trading? Yes
- Customer Service? Email
Features:
- There’s no fee for funds transfer
- Analyze the market with the help of research done by experts
- Helps build a low-cost yet high-quality portfolio with the help of small cases.
- Supports fractional investment
- Intraday charts & news, live updates about top gainers and losers
- Also provides services like insurance and more.
- Android Ratings: 3.6
- iOS Ratings: 3.8
- App Downloads: 1Cr+
Pros
Cons
- A/C Opening Charges: Free
- Price: Rs. 20 or 0.25% per executed order
Link: https://www.angelone.in
8) Groww App
Reason chosen: Groww is one of India’s highest-rated online trading apps that lets you open your trading account for free.
Groww is a fast-growing brand that facilitates a variety of trading in India. Besides conventional stock market trading, the Groww app offers gold, fixed deposits, and many other financial instruments.
This one of the best investment apps in India does not charge any commission charge to use this service, which makes it the best share market app in India. Furthermore, the commission goes into direct mutual funds, where no commissions are paid to agents.
You can directly invest in mutual funds or do SIP (Systematic Investment Plans) for free with zero commissions. You can also track invested mutual funds.
Groww app focuses on simplicity and transparency. You can quickly redeem your accumulated mutual funds to your bank account using the respective AMC.
- API Access: Groww API
- Charts: Yes
- Can you Apply to IPO? Yes
- Currency Trading? Yes
- Commodities Trading? Yes
- Customer Service? Website
Features:
- Supports investing in gold, fixed deposits, domestic and US stocks, mutual funds, and F&Os.
- Provides a built-in mutual funds calculator.
- Helps you shortlist stocks, mutual funds, and other assets based on category.
- It is loaded with technical charts, indicators, and other tools.
- Supports complementary SIPs with zero commissions.
- Android Ratings: 4.5
- iOS Ratings: 4.3
- App Downloads: 10M+
Pros
Cons
- A/C Opening Charges: Free
- Price: Rs. 20 brokerage charges for Futures and Options
Link: https://groww.in/
9) Sharekhan
Reason chosen: It provides advanced charts for market research and unmatched guidance for newcomers.
Sharekhan’s 20 lakh+ clients across India enjoy excellent tools and customer support. This trading app offers excellent guidance for making better trading decisions. Sharekhan provides its customers with a wide range of products for building a diversified portfolio.
These managers are a blessing for novices that share valuable knowledge to help you with your investments. Moreover, their fast and reliable tools for market research and transfers make it a delightful experience. Sharekhan mobile app provides all leading trading features such as advanced charts, measurement tools, watchlists, etc.
- API Access: TradeTiger API
- Charts: Yes
- Can you Apply to IPO? Yes
- Currency Trading? Yes
- Commodities Trading? Yes
- Customer Service? Chatbot
Features:
- Advanced charts to do market research.
- Managers provide support, guidance, and assistance.
- Research reports help you to make better decisions.
- Wide range of products to trade with.
- Easy fund transfer service
- Advanced search and filtering options.
- Multiple charting options coupled with excellent tools for analytics.
- Android Ratings: 3.9
- iOS Ratings: 2.7
- App Downloads: 5M+
Pros
Cons
- A/C Opening Charges: Free
- Price: For equity delivery: 0.50% or 10 paise per share or Rs16 per script (whichever Is higher).
Link: https://www.sharekhan.com/
10) FYERS Markets
Reason chosen: Number of charts with 20 years+ data to study the market and make wiser decisions available for all customers.
FYERS is a Bangalore-based discount broker that developed one of the most outstanding mobile trading apps, despite starting a little later than other discount brokers.
FYERS has invested its focus and resources in building a premier mobile trading app in India that fuelled its quest to become India’s leading stockbroker.
This stock trading app allows traders to trade in stocks without any restrictions. It brings features such as easy availability of watchlists and high-level security protocols. That’s why it’s considered the best trading app in India.
- API Access: FYERS API
- Charts: Yes
- Can you Apply to IPO? Yes
- Currency Trading? Yes
- Commodities Trading? Yes
- Customer Service? Website, Email
Features:
- Fast and reliable streaming quotes, charts, and trade execution.
- 22+ years of historical EOD data.
- Analytics with 60+ technical indicators to analyze the market.
- 9 months of historical intraday charts.
- Android Ratings: 4.3
- iOS Ratings: 4.4
- App Downloads: 10L+
Pros
Cons
- A/C Opening Charges: Free
- Price: Zero brokerage on equity delivery; however, intraday, futures, and options are charged at Rs. 20 per intraday/futures/options order.
Link: https://fyers.in/
11) Motilal Oswal Trading app
Reason chosen: Motilal Oswals lets you trade in gold, too, without paperwork, making it one of the best trading apps in India.
Motilal Oswal is another prominent stockbroker in India with a strong network of branches and sub-brokers in more than 1700 locations. They have a wide range of products such as equity, mutual funds, life insurance, IPO, and many more.
They invest a considerable amount of their revenue in research, and hence their research papers are considered good. Market analysis tools made by experts and learning resources are provided.
The brokerage fees are high compared to discount stockbrokers, but this online trading app is one of its kind. It is made for both beginners as well as professionals. Its innovative artificial intelligence features offer you tips on improving your portfolio.
- API Access: Motilal Oswal API
- Charts: Yes
- Can you Apply to IPO? Yes
- Currency Trading? Yes
- Commodities Trading? Yes
- Customer Service? Call and Email.
Features:
- Trade-in digital gold without paperwork.
- Expert-made market analysis reports are available for you.
- Learning resources for beginners as well as advanced traders.
- There is a stock scanner for searching the equity and commodity trading and other assets you want to track and trade.
- Execute multiple orders from a single click through the bulk order function.
- It provides you with a snapshot of orders, positions, and limits.
- Android Ratings: 4.0
- iOS Ratings: 3.6
- App Downloads: 1M+
Pros
Cons
- A/C Opening Charges: Free
- Price: Equity trades are charged at 0.50%. Intraday at 0.05%. Currency at Rs. 20 per lot.
Link: https://www.motilaloswal.com/
FAQs
Best Trading Apps in India: Top Stock Market Broker
| Name | Fees | Platforms | Language supported | Link |
|---|---|---|---|---|
| 👍 Zerodha | Rs. 20 per order/ 0.03% | Android and IOS | English, Hindi, Kannada, Telugu, Tamil, Punjabi, and many more | Learn More |
| ICICI Direct | Rs. 25 per order | Android and IOS | English, Hindi, Marathi, Punjabi, Telugu | Learn More |
| Nuvama | Rs. 10 per Trade | Android and IOS | English | Learn More |
| Axis direct app | Rs. 10 per order/0.50% | Android and IOS | English, Hindi, Punjabi, Marathi, Tamil | Learn More |
| Upstox | 20 Rupees per order/ 2.25% | Android and IOS | English and Hindi | Learn More |
| IIFL markets | Rs. 20 per Trade | Android and IOS | English | Learn More |
| Angel Broking | 20 or 0.25% per executed order | Android and IOS | English, Hindi, Marathi, Gujrati, and many more | Learn More |
| Groww app | Rs. 20 per order/ 0.05% | Android and IOS | English | Learn More |
| Sharekhan | 0.50% | Android and IOS | English | Learn More |
| FYERS markets | Rs. 20 per order | Android and IOS | English | Learn More |
| Motilal Oswal trading app | 0.50% | Android and IOS | English, Hindi | Learn More |