11 BEST Trading Apps in India for Beginners (2025)

Trading Apps in India

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 isnโ€™t easy. Thatโ€™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. Letโ€™s help you decide on the best investment app in India.

After 100+ hours of research, I have reviewed 40+ Best Free Stock Trading Apps in India, offering both free and paid options. My comprehensive and insightful article features trusted information that is well-researched and verified. This ultimate guide may help you discover the most suitable provider for your needs. Read the full article to explore exclusive and credible insights.
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Top Trading Apps in India

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. 20 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 0.30% 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: Itโ€™s an easy-to-use stock market app that provides excellent analytics in charts and executes trades quickly.

Zerodha is India’s first discount broker, became my go-to mobile trading platform. I found that the app provides only the most valuable and relevant information, which helps you focus on what truly matters. Throughout my assessment, I could access all the tools I needed to make informed decisions. I recommend Zerodha for anyone looking for an efficient and reliable trading app.

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.

#1 Top Pick
Zerodha
  • API Access: Kite Connect API
  • Charts: Yes
  • Can you Apply to IPO? Yes
  • Currency Trading? Yes
  • Commodities Trading? Yes
  • Customer Service? Call and Email
Learn More

Features:

  • Ease of Use: The mobile trading apps are easy to navigate, offering a user-friendly experience. I benefitted from using them.
  • Market Depth: You can access level 3 data or 20 market depth, offering detailed market insights.
  • Reliability: These are the fastest and most reliable stock market apps available in India.
  • Widgets Support: The apps support multiple data-rich widgets, allowing you to customize your trading dashboard.
  • Advanced Filters: The advanced filter options help you shortlist your favorite stocks quickly and efficiently.
  • Chart Analysis: The charts come with over 100 indicators, enabling detailed performance analysis.
  • Android Rating: The app has an Android rating of 4.3, reflecting its strong user satisfaction.
  • iOS Rating: The iOS version has a 3.5 rating, indicating decent user experience but room for improvement.
  • App Popularity: The app has been downloaded over 10 million times, showcasing its widespread popularity among traders.

Pros

  • I found the speed of executing trades to be excellent.
  • Top-notch security measures.
  • Create limits orders to execute trades at desired prices
  • Zerodha App consumes lesser data to process transactions

Cons

  • I noticed that trading in mutual funds is not available.
  • Account opening process is slow

Pricing:

  • A/C Opening Charges: Free
  • Price: Free charges on equity delivery and Rs 20 or 0.03% per Trade for intraday and F&O.

Visit Zerodha >>


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, one of the best trading apps in India, caught my attention with its top-notch features like charting, reporting, and grid view. During my research, I found that the app helps you stay updated on top gainers and losers. It offered me a smooth process for investing in both existing and new fund offers (NFO). I suggest considering ICICI direct for your trading needs, as it partners 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.

#2
ICICI Direct
  • API Access: ICICI direct API
  • Charts: Yes
  • Can you Apply to IPO? Yes
  • Currency Trading? Yes
  • Commodities Trading? Yes
  • Customer Service? Website
Learn More

Features:

  • Customization Options: The app offers a wide range of customization options for the market watch, enhancing your trading experience.
  • Technical Indicators: You can access a variety of technical indicators and charts, essential for in-depth market analysis.
  • Heat Maps: Heat maps allow you to visualize complex data easily, providing clear insights into market trends.
  • Technical Analysis: It provides simple and practical tools for technical analysis. I could easily interpret market movements.
  • Multiple Watchlists: The app allows multiple watchlists, letting you add up to 50 stocks per watchlist. It helped me access my favorites quickly.
  • Account Opening: Instant, paperless online account opening is available, making it one of the easiest ways to get started.
  • Android Rating: The app has an Android rating of 3.6, indicating a good but slightly below-average user experience.
  • iOS Rating: With a 3.8 iOS rating, the app offers a decent experience for iPhone users, though improvement is needed.
  • App Popularity: The app has over 1 million downloads, highlighting its popularity among traders in India.

Pros

  • It allowed me to trade different investment instruments efficiently.
  • Multiple charts are integrated with the real-time market. You can read charts, analyze, and trade them directly.
  • Customize themes and UI to meet your needs and requirements.
  • It has technical indicators such as Bollinger bands, RSI, and many more.

Cons

  • I noticed that using Call & Trade incurs an additional fee of Rs 20 per call.

Pricing:

  • 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

Visit ICICI Direct >>


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 Ltd, a company based in Mumbai, stands out in the financial sector. I particularly appreciate their excellent tools and the customizable reports offered by their platform. In my experience, the services provided are both reliable and essential for traders. Throughout my assessment, I was able to see why Nuvama is considered one of the best. I suggest this app for anyone looking for a dependable trading platform.

Nuvama mobile trading app has a significant presence in retail mutual funds and stock market trading.

#3
Nuvama
  • 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.
Learn More

Features:

  • Custom Watchlist: The app allows you to create a customized watchlist to track up to 100 stocks. I could easily monitor my investments.
  • Technical Charting: It supports multiple technical charting options, 80+ technical indicators, and various drawing tools for in-depth analysis.
  • Mutual Fund Support: The app supports mutual fund investments in both direct and regular plans, making diversification easier.
  • Dedicated IPO Section: The app features a dedicated IPO section displaying all upcoming IPOs, keeping you informed on new opportunities.
  • Report Access: You can access 23+ reports, including transaction history and P&L statements, for comprehensive portfolio management.
  • Research Recommendations: The research team provides recommendations across equity, currency, and derivatives, helping you make informed decisions. It helped me access top picks efficiently.
  • Android Rating: The app has a 4.3 rating on Android, reflecting strong user satisfaction and reliable performance.
  • iOS Rating: With a 3.9 iOS rating, the app offers a solid experience for iPhone users, though there is room for improvement.
  • App Popularity: The app has over 1 million downloads, demonstrating its popularity among traders in India.

Pros

  • I received free research, stock tips, and valuable recommendations.
  • Online IPO investment
  • High leverage facilities across cash, F&O, and CDS segments.
  • Relationship managers and add-on services like PMS are available.

Cons

  • I found it to be a bit pricier than other services.
  • Add-on services may not be good enough.

Pricing:

  • A/C Opening Charges: Free
  • Price: Rs. 10 per Trade of intraday, options, and futures

Visit Nuvama >>


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, as a subsidiary of Axis Bank Ltd, stands out with its broad array of financial services. I particularly appreciate how it provides retail customers with excellent lending strategies that cater to diverse needs. In my experience, Axis Direct is perfect for those who value a strong connection to a trusted bank. I suggest considering this app for a remarkable financial experience.

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.

#4
AxisDirect
  • API Access: Axi API
  • Charts: Yes
  • Can you Apply to IPO? Yes
  • Currency Trading? Yes
  • Commodities Trading? Yes
  • Customer Service? Call and Email.
Learn More

Features:

  • Voice Commands: The app allows users to execute tasks efficiently through voice commands, enhancing ease of use. I could easily control actions by speaking commands.
  • Live Streaming: The app offers live-streaming of asset prices, news updates, and more, keeping you informed in real time.
  • Technical Tools: The app is loaded with various technical and analytical tools, providing all you need for detailed analysis.
  • Investment Options: Supports investing in stocks, mutual funds, commodities, currencies, and more, allowing diversified portfolio management.
  • Axis Bank Integration: The app is particularly excellent for existing Axis Bank customers, offering seamless integration with banking services.
  • IPO Information: It provides detailed information about every IPO, helping you make informed investment decisions. It helped me access vital data quickly.
  • Android Rating: The app has a 3.4 rating on Android, indicating a decent but potentially improvable user experience.
  • iOS Rating: With a 2.6 iOS rating, the app could benefit from significant enhancements to improve user satisfaction.
  • App Popularity: The app has over 1 million downloads, showing a strong user base and widespread adoption.

Pros

  • I can check my holdings and portfolio and track their performance with just one click.
  • App has suitable safety measures.
  • It provides customer tools for technical or fundamental analysis, such as screeners and alert engines.
  • Reports and Research are considered to be very good.

Cons

  • I cannot trade in the commodity segment.
  • High account opening charges of Rs. 900

Pricing:

  • A/C Opening Charges: Free
  • Price: Equity delivery at 0.50%, Equity intraday at 0.05%, and Equity future: 0.05%

Visit Axis Direct >>


5) Upstox

Reason Chosen: Upstox is a trusted trading solution that provides price alerts and extensive charts/analytics.

I reviewed Upstox, previously known as RKSV securities, and found it to be a top-notch discount broker in India. Located near Mumbai, Upstox offers one of the most popular intraday trading apps. The backing of prominent investors, including Mr. Ratan Tata, adds to its reliability. I particularly appreciate how Upstox has become a top choice for traders looking for an efficient and user-friendly platform.

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.

#5
Upstox
  • API Access: Upstox API
  • Charts: Yes
  • Can you Apply to IPO? Yes
  • Currency Trading? Yes
  • Commodities Trading? Yes
  • Customer Service? Chatbot, Email
Learn More

Features:

  • Fast Execution: The app offers the speediest buying and selling execution, ensuring you never miss a trading opportunity. It allowed me to execute trades quickly.
  • Easy Accessibility: The app provides excellent accessibility and is very easy to use, making it perfect for all traders.
  • Live-Data Streaming: You can benefit from live-data streaming features and news updates, keeping you informed in real time.
  • Quick Trades: The app supports fast trading executions, helping you make timely decisions in a volatile market.
  • Low Trading Charges: The app has minimal trading charges on transactions, making it a cost-effective option for traders.
  • Unlimited Price Alerts: You can set an unlimited number of price alerts, ensuring you never miss crucial market movements. I could access real-time alerts seamlessly.
  • Android Rating: The app has a 4.2 rating on Android, reflecting its strong performance and user satisfaction.
  • iOS Rating: With a 3.9 iOS rating, the app provides a solid trading experience for iPhone users.
  • App Popularity: The app has over 5 million downloads, highlighting its popularity among traders in India.

Pros

  • I could easily find all stocks using the universal search tool.
  • Apply 100+ technical indicators on charts
  • Supports limiting aftermarket orders
  • No Demat account maintenance charges

Cons

  • It lacks recommendations for IPOs and FPOs trading.

Pricing:

  • 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.

I analyzed IIFL Markets, a full-service stockbroker in India that has been around since 1995. In my experience, this platform is perfect for anyone who values in-depth research and impressive recommendations. If you need a reliable and well-established stockbroker, IIFL Markets might be the best option for you.

IIFL Markets app is one of the best online trading platforms in India. Itโ€™s a beautiful stock market app that offers personalized service to each one of its clients. IIFL โ€œBuzzโ€ provides customers with the latest market updates and critical information about their investments.

But, the IIFL Markets app is worth it for newcomers. Thatโ€™s because itโ€™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.

#6
IIFL Markets
  • 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.
Learn More

Features:

  • Support Channels: The app offers different support channels like call, intelligent Chatbot, and WhatsApp for seamless assistance.
  • Trading Options: You can trade in equities, F&O, currencies, and commodities, allowing for diverse investment opportunities.
  • Research Reports: It provides free research reports on 500 top listed companies in BSE/NSE, helping you make informed decisions. I received valuable insights from these reports.
  • Options Chain Feature: The options chain feature offers analytics and insights to enhance your futures and options trading strategies.
  • Price Alerts: The app has price alerts and notification settings, ensuring you stay updated with market changes. It helped me access real-time updates effectively.
  • Watchlist Creation: You can create up to three watchlists with 50 stocks each, making it easy to monitor your interests.
  • Android Rating: The app has a 4.4 rating on Android, indicating high user satisfaction and reliable performance.
  • iOS Rating: With a 4.4 iOS rating, the app provides a consistent and strong experience for iPhone users.
  • App Popularity: The app has been downloaded over 5 million times, showcasing its popularity among traders.

Pros

  • The simple UI made it easy and enjoyable for me to navigate.
  • Smart tools for stock trading and technical analysis.
  • Stay up to date with the latest developments and updates on live markets.
  • Useful and easy-to-understand data and analytics.

Cons

  • I noticed it does not offer direct mutual funds.
  • Marginally higher brokerage charges compared to other discount brokers.

Pricing:

  • A/C Opening Charges: Free
  • Price: Rs. 20 per executed order for intraday, F&O, 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.

As I explored the Angel broking app, I noticed it provides excellent time-saving features for both investors and business people. Over the course of my evaluation, I found it to be one of the top-rated trading apps in India. The intuitive user interface and ready-to-use portfolios are great for enhancing your trading experience, and I suggest trying this app.

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.

#7
Angel Broking
  • API Access: Angel One Smart API
  • Charts: Yes
  • Can you Apply to IPO? Yes
  • Currency Trading? Yes
  • Commodities Trading? Yes
  • Customer Service? Email
Learn More

Features:

  • Fee-Free Transfers: Thereโ€™s no fee for transferring funds, making it a cost-effective solution for traders. It allowed me to save on transfer costs.
  • Expert Research: Analyze the market with expert research, offering valuable insights to guide your investment decisions.
  • Small Cases: Helps build a low-cost, high-quality portfolio by investing in small cases, aiming for long-term growth.
  • Fractional Investment: Supports fractional investment, allowing you to invest in high-value stocks with smaller amounts.
  • Live Market Updates: Get intraday charts, news, and live updates on top gainers and losers, keeping you informed. I could access real-time market movements efficiently.
  • Additional Services: The app also provides services like insurance and more, offering a comprehensive financial management solution.
  • Android Rating: The app has a 3.6 rating on Android, suggesting a good experience for most users.
  • iOS Rating: With a 3.8 rating on iOS, the app provides a solid experience for iPhone users.
  • App Popularity: The app has been downloaded over 10 million times, reflecting its wide acceptance among users.

Pros

  • I enjoy no brokerage fees on equity delivery.
  • Excellent Portfolio management.
  • By investing in small cases, you can build a low-cost portfolio.

Cons

  • I face a 20 Rupee charge per order when trading by phone.

Pricing:

  • 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 supporting diverse trading options in India. In my opinion, the Groww app is perfect for those who want to trade in the stock market and also invest in gold, fixed deposits, and other financial tools. In fact, I particularly liked how it caters to various financial needs with ease.

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.

#8
Groww App
  • API Access: Groww API
  • Charts: Yes
  • Can you Apply to IPO? Yes
  • Currency Trading? Yes
  • Commodities Trading? Yes
  • Customer Service? Website
Learn More

Features:

  • Investment Options: The app supports investing in gold, fixed deposits, domestic and US stocks, mutual funds, and F&Os, offering a diversified portfolio. I could access a wide range of investment opportunities.
  • Mutual Funds Calculator: It provides a built-in mutual funds calculator, allowing you to calculate potential returns easily and accurately.
  • Asset Shortlisting: Helps you shortlist stocks, mutual funds, and other assets based on specific categories, simplifying your investment decisions.
  • Technical Tools: The app is loaded with technical charts, indicators, and other tools, essential for detailed market analysis. It helped me access in-depth analysis efficiently.
  • SIP Support: Supports complementary SIPs with zero commissions, offering a cost-effective way to grow your investments steadily.
  • Android Rating: The app has a 4.5 rating on Android, indicating high user satisfaction and strong performance.
  • iOS Rating: With a 4.3 rating on iOS, the app provides a reliable and consistent experience for iPhone users.
  • App Popularity: The app has been downloaded over 10 million times, showcasing its widespread adoption among investors.

Pros

  • I could access real-time share prices for all companies.
  • No trading account opening or maintenance charges.
  • It is loaded with technical charts, indicators, and other tools.

Cons

  • I noticed advanced order types are not available.

Pricing:

  • 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 serves over 2 million clients across India, providing them with amazing tools and customer support. In my opinion, this trading app offers great guidance that helps users make informed trading decisions. I particularly liked the variety of products it offers, ideal 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.

#9
Sharekhan
  • API Access: TradeTiger API
  • Charts: Yes
  • Can you Apply to IPO? Yes
  • Currency Trading? Yes
  • Commodities Trading? Yes
  • Customer Service? Chatbot
Learn More

Features:

  • Advanced Charts: The app offers advanced charts for market research, helping you analyze trends and make informed decisions. It allowed me to conduct thorough market analysis efficiently.
  • Manager Support: Dedicated managers provide support, guidance, and assistance, ensuring you have expert help when needed.
  • Research Reports: Research reports are available to help you make better investment decisions with well-informed insights.
  • Trading Products: The app offers a wide range of products to trade with, allowing you to diversify your portfolio.
  • Fund Transfer Service: Easy fund transfer service makes moving money between accounts seamless and hassle-free.
  • Search and Filtering: Advanced search and filtering options help you quickly find and sort through the most relevant data.
  • Charting Tools: Multiple charting options are available, coupled with excellent tools for detailed analytics.
  • Android Rating: The app has a 3.9 rating on Android, indicating a generally positive user experience.
  • iOS Rating: With a 2.7 rating on iOS, the app may need improvements to enhance user satisfaction on iPhones.
  • App Popularity: The app has over 5 million downloads, reflecting its popularity among users in India.

Pros

  • I could keep track of all my stocks’ performance using the portfolio section.
  • Multiple data-rich charting and analytical tools.
  • Fast and easy pay-in and payout options to transfer funds.
  • It allows fixed deposits as collateral for future and option trading.

Cons

  • I found the trading fees to be relatively high.

Pricing:

  • A/C Opening Charges: Free
  • Price: For equity delivery: 0.30% or 1 paise per share.

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, and found that they developed one of the most amazing mobile trading apps. In my opinion, it is impressive that FYERS could create such a top-rated app, even though they started later than other brokers. In fact, I particularly liked how they focused on quality over timing.

FYERS has invested its focus and resources in building a premier mobile trading app in India that fuelled its quest to become Indiaโ€™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. Thatโ€™s why itโ€™s considered the best trading app in India.

#10
FYERS Markets
  • API Access: FYERS API
  • Charts: Yes
  • Can you Apply to IPO? Yes
  • Currency Trading? Yes
  • Commodities Trading? Yes
  • Customer Service? Website, Email
Learn More

Features:

  • Streaming Quotes and Execution: The app offers fast and reliable streaming quotes, charts, and trade execution for real-time trading. I could access market data swiftly and execute trades efficiently.
  • Historical EOD Data: Provides over 22 years of historical end-of-day data, essential for conducting long-term market analysis.
  • Technical Analytics: The app includes analytics with 60+ technical indicators to help you analyze market trends effectively.
  • Intraday Charts: Access 9 months of historical intraday charts, offering valuable insights into short-term market movements.
  • Android Rating: The app has a 4.3 rating on Android, indicating strong user satisfaction and reliable performance.
  • iOS Rating: With a 4.4 rating on iOS, the app provides a consistent and high-quality experience for iPhone users.
  • App Popularity: The app has been downloaded over 1 million times, showcasing its popularity among traders.

Pros

  • It offered me more than 20 years of historical data.
  • Excellent Options calculator
  • Advanced charts are available for free
  • Stay updated on all the fresh updates from stock exchanges, market information, and many more.

Cons

  • It does not let me trade in mutual funds.

Pricing:

  • 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 a well-known stockbroker in India, and found that they have a vast network of branches and sub-brokers in over 1700 locations. In my opinion, this wide coverage helps you access a variety of products, such as equity, mutual funds, life insurance, and IPOs, with ease.

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.

#11
Motilal Oswal
  • API Access: Motilal Oswal API
  • Charts: Yes
  • Can you Apply to IPO? Yes
  • Currency Trading? Yes
  • Commodities Trading? Yes
  • Customer Service? Call and Email.
Learn More

Features:

  • Digital Gold Trading: Trade in digital gold without any paperwork, making investments quick and convenient. I could easily invest without hassle.
  • Market Analysis Reports: Expert-made market analysis reports are available, offering valuable insights to help you make informed decisions.
  • Learning Resources: Access learning resources suitable for both beginners and advanced traders, ensuring you stay informed at every level.
  • Stock Scanner: The stock scanner allows you to search for equities, commodities, and other assets to track and trade efficiently.
  • Bulk Order Function: Execute multiple orders with a single click through the bulk order function, streamlining your trading process. It allowed me to manage orders swiftly.
  • Snapshot Feature: Provides a quick snapshot of your orders, positions, and limits, helping you stay on top of your trades.
  • Android Rating: The app has a 4.0 rating on Android, reflecting a solid user experience and performance.
  • iOS Rating: With a 3.6 rating on iOS, the app offers a decent experience for iPhone users but could be improved.
  • App Popularity: The app has been downloaded over 1 million times, indicating a growing user base and trust.

Pros

  • I could trade in precious metals like Gold with ease.
  • Market analysis tools.
  • Guidance for investing.
  • Expert-made analysis reports are available for you.

Cons

  • It does not allow me to trade in international stocks.
  • Requires opening account charges of Rs. 1000

Pricing:

  • 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/

What factors to consider while selecting a trading app?

You must invest a lot of time and research into it, keeping in mind that some trading platforms donโ€™t always have your best interest at heart.

As beginners need more time and effort to understand the basics of stock trading in India, they need to choose the best trading app in India.

For an app to become the best investment app in India, it must feature an easy user interface, historical charts, Live market feeds, customer support channels, investment tips, etc.

Here are some essential factors to consider when looking for online trading apps:

  • User-friendly interface:ย The mobile apps must have an interface that is easy to understand and navigate.
  • Reliability:ย The stock market app should have less downtime, good customer support, and execute all actions with a high success rate.
  • Security:ย The apps should keep the user data safe and secure, ensuring no personal data is misused.
  • Automatic trading:ย The subset of algorithmic trading uses a computer program to create buy and sell orders.
  • Average trading costs: Price that buyers have paid for one share on average over a specific period.
  • Available features:ย Heat maps, charts, indicators, direct mutual fund, IPO, etc.

Why do you need API access for a trading app?

Traders use API access to connect their screening software directly with the brokerage account to share real-time prices and place orders.

Two types of traders use APIs:

  • Third-Party Applications:ย Many traders use third-party stock trading apps. That requires access to broker APIs for pricing data and placing trades.
  • Developer Applications:ย A growing number of traders develop their automated trading systems using programming languages like Python and require a way to access pricing data and place trades.

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Verdict:

When deciding on the best stock trading apps in India, I looked at the features, ease of access, and overall reliability of several top-rated platforms. My focus was on tools that offer secure and user-friendly experiences. Check my verdict below for insights into the most impressive options available.

  • Zerodha is a top-notch platform that offers a user-friendly interface and powerful tools for traders at all levels. It provides a cost-effective solution with robust features and excellent customer support.
  • ICICI Direct is an ideal choice for those seeking a comprehensive platform with secure and reliable services. It offers a customizable experience that caters to both beginners and experienced traders.
  • Nuvama stands out as a phenomenal option with an impressive range of tools and services. It provides a secure and reliable trading environment, making it an excellent choice for those looking to resolve issues with ease.