Best Trading Apps in India

What is a Trading App?

A trading app is an application that is used in mobile that facilitates trading in the market. It provides many facilities like research reports, news of the market, prices of different stocks. Additionally, you can invest in commodities, gold, mutual funds, IPOs, etc. The trading apps offer real-time processing information of your trading. It will help you to monitor the progress and performance of your shares conveniently and more accurately.

Which factors to consider for choosing the best trading app?

1. Charges: Different Trading apps charge different amounts of fees to manage the investment. It is important to check the fees before you use the app. If you do not check the charges thoroughly there is a high possibility that your gains may be eaten away.

2. Reliability: In order to choose the best trading app you need to look at the reliability and credibility of the app. You must do thorough research on the security of the App. Moreover, you can check the reviews online of many users and know their experience with that trading app.

3. Features: It is very important to check the features of the app before you start using it. Note down the features you need for your investment goals and check whether that app provides you with all those features or not.

4. User-friendly Interface: A trading app that has a complex interface will bring you fewer benefits but it will rather complicate your trading adventure. It is important to a simple and easy-to-use interface for better performance.

5. Licensing: There are many types of licensing, many depending on the location from where the app operates. The trading platform uses multiple licenses to work effectively. You should choose the one who has a license in a jurisdiction where the company is audited and watched closely. An app with proper licensing will give you a surety that your money is not at risk. You can read about the Angel Broking Charges and start trading at minimal cost.

Best Trading Apps in India

• Zerodha Kite

Zerodha Kite is one of the best options trading apps in India. Zerodha is a discount stock broker that provides trading account and Demat account facilities at low brokerage charges. You can open a Demat account and trading account with Zerodha for good quality services. The Zerodha Kite Mobile App has excellent visuals and great market depictions in form of drawings and charts. It is simple to use and has excellent features like a smart search box and performance tracker for shares.

• HDFC Securities Mobile Trading

HDFC Securities App is one of the best trading apps in India that has advanced features like face recognition login and biometric. Moreover, it is one most secured trading apps that provide daily research calls, market data, interactive demos, etc that will provide a great basis for making investment decisions. You can access portfolio tracking and the amazing feature of quick apply in IPO.

• Angel Broking App

Angel Broking App allows stock trading to the clients with great ease and with many advanced features. The unique features include Smart Buzz, 40+ technical indicators, Sensibull that keeps the trader updated with all the latest news of the market. So the trader can trade accordingly.

• Upstox

Upstox enables the investors to invest in IPO, Mutual Funds, Digital Gold, and the stock market. Upstox is a simple to use, secure, and fast platform for training. The Upstox Pro is a low-cost app that can be downloaded for free. It is a clutter-free app with the great feature of day and night mode. Also, you can open a free Demat account with Upstox and the process for the same is easy and paperless.

• 5paisa

5paisa is one of the top trading apps that is a discount broker with features that enables the user to make an informed decision for trading. This Auto investor has technical analysis features a simple interface for the user. The cost is very low and has cutting-edge technology. Moreover, the charts provided are simple and an average time is required to load the data. The security provided is very high and is considered one of the most reliable trading apps.

• Kotak Stock Trader

Kotak Stock Trader offers trading facilities in the equity, currency F&O, Equity F&O, IPOs, Bonds, etc. Kotak Stock trader app provides rich software, live stock quotes, and maps, real-time portfolio monitoring, etc.

• MO Trader – Motilal Oswal Trader App

MO Trader app provides facilities to trade-in product, stock, and currency trading services. Moreover, the MO trader app allows the user to trade in multiple assets from your phone. You can use it from anywhere at any time with enjoying the benefit of slicing bog quantity orders into various slice prices.

• IIFL Markets

Customers of IIFL Securities have two options for trading apps: IIFL MF and IIFL Markets. IIFL Markets is a mobile app that is compatible with Android as well as iOS. Moreover, it has user-friendly services that make the process of trading seamless for the clients. If you open a trading account with IIFL Securities it is done for free, with zero brokerage charges and AMC Charges. The charge for Future, Options, and Intraday per order is Rs. 20.

Which trading app is the best in India?

An app that consists of all the requirements and features will suit you the best. You should always compare and then make a decision after a thorough analysis. Your analysis should include checking customer reviews, knowing all benefits, charges, and features. Some of the well-known and most used trading apps in India include:

• Angel Mobile App

• Upstox Pro

• Zerodha Kite

• 5paisa App

Conclusion

To sum it up, we discussed what is a trading app and what factors to consider while choosing the best trading app in India. Moreover, the interface should be simple and the features should match your requirement. You should be well-informed about the charge prior to using the app. The list of best trading apps in India will help you find your perfect trading app with great research.

S. Vishwa is web marketing analyst at Finology Ventures. With 5+ years of web marketing experience, joined a Fintech company to help people to learn and earn more.