The stock market is volatile, and it can be difficult to keep track of your investments if you’re not using a stock trading app. In India, there are a number of different apps available that can help you make the most of your money. In this blog post, we will discuss 8 of the best stock trading apps in India. We’ll take a look at their features and what sets them apart from the competition. So, whether you’re just getting started in the stock market or you’re looking for an upgrade, read on for the best stock trading apps in India!
List of Best Stock Trading Apps
Here are handpicked trading apps in India to open your new Demat account or 2nd Demat account.
|SL No||App Name||No. of Downloads|
|7||Kotak Stock Trading App||3.5M+|
|8||HDFC Securities Mobile Trading App||1M+|
Zerodha is a simple, yet powerful stock trading app that is suitable for both beginners and experienced investors. The app has a clean interface and provides real-time data on stock prices. You can also set up price alerts and create watchlists to track your favourite stocks.
The interesting part of Zerodha company is they grew themselves without any direct marketing strategies like running ads or referral programs, they grew themselves by their own user base, where users were liking the app usage and they used to recommend their friends to use the Zerodha app for Trading and Investing.
|User Base||9 Million +|
|Account Opening Charges||₹499 One-time Fee|
2. Angel One
Angel One is a well-known stock trading app in India with over 26 years of experience. It was founded on August 8, 1996, named Angel Broking. The company offers a mobile trading app that is packed with features, such as live streaming quotes, advanced charting tools, and market analysis. You can also set up price alerts and create watchlists to track your favourite stocks.
|User Base||3 Million +|
|Intraday Brokerage||₹20/order or 0.25% whichever is lower|
|Account Opening Charges||Free|
Upstox is a stock investing/trading app which has a good number of users, its marketing strategy started with referral programs, and influencer marketing, with this strategy they gained a lot of customer base, and their app is so eased to use, compared to other platforms except Zerodha.
Upstox app is also great for applying for an IPO, it has a smooth user interface, which helps any ordinary person to understand the flow of IPO investing.
|User Base||5 Million +|
|Intraday Brokerage||₹20 per executed order or 0.05% (whichever is lower)|
|Delivery Brokerage||₹20 or 2.5%|
whichever is lower on Equity Delivery
|Account Opening Charges||Free|
4. Paytm Money
Paytm being a fintech giant also stepped into a stock brokerage firm, by launching its stock trading/investing platform called Paytm Money, which has a lot of features, you can use this app for Intraday, Equity delivery, Applying for an IPO, Investing in mutual funds and Futures and Options trading too.
We would personally recommend Paytm money app for mutual fund investment more than stock trading since the mutual fund interface is so smooth that you will not stop using the feature, soon or later you might see a better user experience in stock trading as well.
|User Base||4 Lakh +|
|Intraday Brokerage||₹10/order (Minimum of 0.05% of turnover or ₹10 when there is no debit/credit of shares in your demat account.)|
|Delivery Brokerage||₹0.01 per executed order when you take delivery of shares in your demat account|
|Account Opening Charges||₹499 One-time Fee|
5. Motilal Oswal
Motilal Oswal is a very old brokerage firm, and it has got more than 100+ awards for its service, it also been rate 4+ in the google play store. Many users are shifting towards this app, since it not only provides access to Delivery equity, Intraday trading, it also has some more unique products like ‘Ready made Investment plans’, ‘Real-time monitoring’ feature, and Invest in One click feature.
Also in this app interesting part is you also get expert advice, on which stocks to invest in, or trade-in for free of cost.
|User Base||9 Lakh +|
|Account Opening Charges||FREE|
5Paisa is also an well known trading app in India, It outstands with its unique feature called “guest login feature“, which allows users to see features and try the app without logging into the account. It also best fully customized mutual fund investment. One of the drawback of this trading app is there is no 15 min timeframe candles.
|User Base||50 Lakh +|
|Intraday Brokerage||0.00345%/order + Rs20 per order|
|Delivery Brokerage||0.00345%/order + Rs20 per order|
|Mutual Fund Commission||Rs.0|
7. Kotak Stock Trading App
Kotak Securities is a trading app which has great features like realtime tracking, chart analysis and many more, and one of the best thing about this trading app is you need to pay any brokerage charges for any kind of trading, the only thing is you need to pay for Carry forward F&O, Commodity & Currency Trades, no charges for equity delivery carryforwards.
You need to pay ₹1000 as Demat account opening charges so that you can avail lifetime brokerage free trades.
|User Base||35 Lakh +|
|Intraday Brokerage||₹0 per order|
|Delivery Brokerage||₹0 per order|
|Carry Forward F&O and Currency Trades||₹20 per order|
8. HDFC Securities Mobile Trading App
This app is developed by HDFC Securities which is a stock brokerage firm, It is best for use if you want to do digital gold investments. This app is lightweight hence you can do easy trading, It also has a built-in feature of fingerprint security, which will improve the security of your app. Though the app is lightweight it has technical indicators, and Intraday charts 1min to 1-month time frame. This is best for global traders and gold investors. Using this Stock trading app you can invest in US stocks.
|User Base||10 Lakh +|
|Intraday Brokerage||0.01% per order|
|Delivery Brokerage||0.01% per order|
What are the benefits of investing in the stock trading app?
Investing in stocks can provide a number of benefits for investors. Some of the key benefits include:
- Diversification: When you invest in stocks, you’re investing in a number of different companies. This helps to spread your risk and protect your portfolio against downturns in the stock market.
- Potential for Growth: Over time, stock prices can rise significantly, providing investors with the potential for significant returns on their investments.
- Liquidity: Stocks can be sold quickly and easily, making them a relatively liquid investment option.
- Low Fees: Most stock trading apps have low fees, making stock investing an affordable option for many investors.
How do I start trading using the stock trading app?
So how do you start stock trading using stock market apps? Here are a few steps to get you started:
1. Choose an App: The first step is to choose a stock trading app that meets your needs. There are a number of different apps available, so take some time to research and find the one that’s right for you. you can choose any app from the above list.
2. Create an Account: Once you’ve chosen an app, create an account and provide the necessary information. This will include your name, contact information, and bank account details.
3. Fund your Account: Next, fund your account with the money you want to invest. This can be done by transferring money from your bank account or by using a debit or credit card.
4. Start Trading: Once your account is funded, you’re ready to start trading! Simply select the stocks you want to buy or sell and place your orders.
Is it safe to trade stocks through a stock trading app?
In general, stock trading apps are considered to be safe for trading stocks. Most reputable brokerage firms use advanced security measures to protect their customers’ personal and financial information. However, it is always a good idea to research the security measures of any brokerage firm or trading app before opening an account and to be cautious when sharing personal or financial information online.
Are there fees associated with using a stock trading app?
Many stock trading apps charge fees for their services, such as commissions on trades or annual or monthly subscription fees. It is important to carefully review the fees associated with a stock trading app before deciding to use it. Some apps may offer lower fees or promotions to attract new customers.
Can I trade stocks for free through a stock trading app?
Some stock trading apps may offer free trading options, either as a promotion or as part of a subscription-based service. However, it is important to carefully review the terms and conditions of any free trading offer to understand any limitations or restrictions that may apply.
Some free trading options may be limited to certain types of stocks or may have other restrictions, such as minimum deposit requirements or trade volume limits.
If you’re looking for a great stock market app with an easy-to-use interface, one of the apps we’ve mentioned is definitely worth checking out. With so many different investment platforms and stock market apps to choose from, it can be tough to figure out which one is right for you.
We hope our list has helped make your decision a little bit easier! Have you tried any of these apps? What was your experience like?