13 Best Trading Apps In India for April 2024

Zerodha has more than one crore active clients contributing almost 15% of all Indian retail trading volumes. This app is recommended for beginners as well as advanced traders and investors owing to its robust technology platform.

Zerodha Kite is an in-house flagship mobile trading software app of the company. At present, Kite 3.0 web platform offers market watch, advance charting with more than 100 indicators, advanced order types like cover order, good till triggered (GTT) order, fast order placements, among other features.

Moreover, a user can use Zerodha Kite also in the form of a chrome extension where features such as order placement, stock tracking, can be availed.

Key Features

• High-speed streaming of market data, advanced charts with sophisticated user interface.

• Launched “sticky order window”, where the order window remains open, making it easy to place multiple orders with the same input.

• “Leverage indicator “helps users to check the amount of leverage they are getting for a particular trade against equity stocks,

• Provides deep analytics on every day trades and overall portfolio.

• Advanced features such as “view breakdown” depicting brokerage and STT charges.

• Free equity delivery trading with no brokerage fee.

• Direct investment in mutual funds (MF) with no commission charges.

• Provides up to 20x leverage on intraday trading.

• Can make it a 3-in-1 account (demat-trading-bank account) with IDFC First Bank.

• Allows application for Initial Public Offerings (IPOs) directly with the app.

Tiger Global-backed Upstox PRO is a popular discount broker app, which is backed by marquee investors such as Indian billionaire Ratan Tata and Tiger Global Management. It provides trading and investment opportunities in stocks, currency, commodities and in mutual funds with advanced tool options like trading view and charts IQ libraries, which is recommended for advanced and seasoned investors.

Key Features:

• Deals in equities, derivatives, currency future and options and commodity future and options.

• One can invest in gold, IPOs and MFs.

• No commission for MFs investments.

• Advanced features such as market watch, live stock quotes, advanced charts.

• Trade directly from charts under the “TFC” feature.

• Offers up to 5X leverage on intraday trading.

• Advanced charting tools with more than 100 technical indicators.

5paisa is one the growing trading apps of India which is available on both apple and android. This app is quite a preferred choice for both traders and investors. It provides an array of products such as stocks, mutual funds, commodities, currency. 5paisa also offers free access to news, research, advisory and blogs which is not provided even in the best of the trading apps.

Key Features:

• Clean user interface

• Easy access to watchlists and order books.

• Research advisory based on the specific goals.

• Real-time access to market data, live stock quotes and price updates.

• Advanced tool options for charts and multi-asset watchlists.

• Launched basket orders with which users can place several orders with a single click.

• Allows investing in U.S. stocks.

• Option to create multiple watchlists and create unlimited price alerts.

ICICI Direct is one of the oldest full-brokerage service providers of India, which is a part of ICICI Group. It offers smooth online trading and investment services to advanced investors, traders as well as beginners. Being a full service brokerage app, it offers free advisory services and research and offers free equity futures trading. ICICI Direct charges nothing for futures trading and account opening services.

Different Packages:

Key Features:

• Analytical tools such as live charting, graphs on option chain, live profit and loss statements.

• Detailed research across equity and derivatives.

• Smart stock alerts safeguards against high risk stocks and penny stocks.

• Speedy orders placement, swipe to buy and sell with simplified user interface.

• Create your own multiple watchlist of stocks, index and F&O contracts.

• Wide range of products including equities, commodity and currency, derivatives margin trading facility, mutual funds, IPOs, FD and bonds, insurance, exchange traded funds (ETFs).

• Heat map features, such as, green color depicts high and red signifies low in the value of a specific stock.

• Several plans with different features and charges such as prime plan, neo plan and lifetime prepaid brokerage plan.

The user can open a trading account in Kotak Securities with zero account opening fees. It also has special discounted rates for investors under 30 years of age. The account opening process is easy and quick with minimum steps required.

One can deal in stocks, IPOs, derivatives, mutual funds, currency and commodities along with global investing options via Kotak trading app. The app is well-designed with an easy interface available at iOS, android and windows. The app also offers additional features such as margin funding, live portfolio tracking, live stock quotes with stocks charting options.

Key Features:

• Online trading in equity cash, equity derivatives and currency derivatives.

• Offer research reports and online courses.

• Brokerage fees on intraday trades are nil.

• Margin trading is available.

• Basic trading tools such as news section, stock charts, gainers and losers, stocks by volume, watchlist and so on.

• Users have the option to choose from various packages such as trade free, trade free youth and others.

• Access to top stock picks and & live research calls which is beneficial for new investors.

• Runs a refer and earn program which allows 15% of the total referral transactions as referral points.

Angel Speed Pro is a trading application software by Angel Broking, which is a full-service stock broker. This trading app is known for providing its users a single window trading experience along with insightful trade monitoring features. It is also known for its speedy execution of orders and real time stock updates.

Key Features

• Wide range of offerings from equities, commodity and currency trading along with derivatives and margin trading facilities and mutual funds.

• Live streaming of rates to enable trade instantly.

• Evaluate and analyze all investments at once with high-end stocks inbuilt portfolio.

• Instant and real-time news flashes and reports.

• Watch and update live market data in MS excel.

IIFL Markets app is a trading app of the full brokerage firm, IndiaInfoline. Along with providing products across all the segments of equities, currencies, commodities and mutual funds, the IIFL Markets app is known for stock tips and research reports, which are offered free to their clients.

Key Features:

• Creates multiple watchlists in NSE, BSE, MCX-SX and NCDEX.

• Detailed and advanced dashboard for indices, commodities and currencies.

• Get live and in-depth coverage of companies, markets.

• Advanced technical charting tools such as bollinger bands, MACD, RSI and moving average.

• Paperless application for IPOs.

• Instant notification of order, trades and news.

• “Call” feature provides intraday tips to place intraday orders.

MO investor app is designed by one of the leading stock brokerage firms of India- Motilal Oswal Securities. This app is known in the market for advanced tools, instant price alerts and its user interface.

The MO investor app offers a huge array of services which allows investors to invest in equity, derivative, commodity, currency, mutual funds, IPOs, bonds, U.S. equities and other portfolio management services. For learning purposes, one can apply for their beginner, advance and intermediate courses along with a huge range of blogs and attractive infographics.

Key Features:

• AI-powered tools help to rebalance the entire portfolio and thus maximize returns.

• Value-added services such as SIP via WhatsApp, automated advisory, live bot genie and call and trade service.

• Funding services such as loan against securities, margin funding, stock lending features.

• Information on position, margin and in-depth analysis via comprehensive research reports.

• Wide range of MF schemes across 40 asset management companies.

• Access to extensive educational materials via online lessons, videos and blogs.

Edelweiss mobile trading app is a best mobile app for active traders as it provides various advance chart options, market analysis tools and in-depth reports. This app also has features such as real-time commentary on markets, dedicated relationship manager, access to various research tools, free portfolio organizer service, Whatsapp alerts and so on. It offers its users two brokerage plans such as “lite” and “elite” plan where the former is little light on pocket and the latter is very rich on features.

Account opening is free for both Lite and Elite plans, however post the introductory offer period there is a charge of INR 300 for trading accounts opened in the lite plan.

Key Features

• Smooth interface for market view via real-time commentary.

• Generic sectorial performances.

• Dedicated sections for equity, derivatives and commodity markets.

• Option to create and track the stock watchlist of up to 100 stocks.

• Advanced tools for charting such as historical charting, live market news and various stock screeners.

• Plans such as “lite” and “elite” depending on the user’s need.

Paytm Money is one of the largest online trading apps with almost 14 million users till date. The segments in which one can invest here, includes equity, mutual funds and other financial instruments such as the National Pension System (NPS). However, the users of Paytm Money cannot do trading in currency and commodities.

Launched in 2017, Paytm Money has grown exponentially and is known in the market for its lowest brokerage fee. The user has to pay zero charges for services such as account opening, account maintenance. Even the equity delivery and intraday charges are as low as zero and INR 10 per order respectively.

Key Features:

• Option to invest in MFs, IPOs, equities and NPS.

• Gives 1% higher return with direct mutual funds.

• Inhouse brokerage calculator and mutual fund investment advisory services.

• Freebies such as no cost trading calls and research reports.

• Additional features such as margin funding and margin against share.

• Grievances are addressed only through chat and e-mail.

Sharekhan trading App is best suited for both experienced traders and investors. It is also known for its demat services and full brokerage services. With this app, you can trade or invest in equities, derivatives, currency, mutual funds, bonds, IPO, commodities and can also keep a track on your portfolio. It offers both delivery and margin trading to its users. The app has several innovative features such as advanced search options, in-depth chart analysis, options contracts on a single page with other up to date tools. Sharekhan trading app charges nothing for account opening and deposits.

Key Features:

• Demat account services to resident Indians as well as NRIs.

• Demat accounts can be opened for free.

• Various brokerage plans such as pre-paid account maintenance schemes with reduced brokerage structure.

• Live stock prices, unlimited charts, advanced chart features, single trading screen, shortcut keys for quick access.

• Product offerings such as tradetiger, dial-n-trade, pattern finder, sharekhan classroom and exchange margin funding.

• Users can save their defined screen as well as graph template for future use.

• Responsive customer care representatives via toll-free phone, email and live online chat.

• Quick online fund transfer activated with 12 banks.

• Brokerage charges varies as per plan and transaction value

Groww follows a simple pricing model based on the flat fee model. The minimum brokerage charged by Groww is 0.05% of trade value and the maximum brokerage charged is INR 20 across all segments including Equity Delivery, Intraday and F&O2. You can use the brokerage calculator to get an estimate of all the charges involved. Free account opening and maintenance. You can open a trading and Demat account with Groww for free and there are no maintenance charges for the Demat account.

Key features:

• It allows you to invest in stocks, mutual funds, gold, US stocks, fixed deposits.
Safety and security of customer data and transactions with encryption and verification methods.

• Live market updates, stock screener, watchlist, portfolio tracker, SIP calculator, smart alerts and more.

• Expert guidance and support.

• Groww has a team of experts and analysts who provide you with research reports, recommendations, tips and insights on various stocks and mutual funds.

• Dedicated customer support team that is available 24/7 to assist you with any queries or issues.

The Fyers investment app offers a platform for trading across various segments like stocks, futures and options, commodities, and currency derivatives on the Indian stock exchanges, namely BSE and NSE. Moreover, the app offers a thematic investment option, which allows investors to invest in a group of stocks from various sectors based on certain themes.

Key features:

• Fyers Web integrates the latest TradingView library, enhancing the trading experience.

• Notable features include: Icons for various actions (exit positions, fund transfer, basket orders, etc.).

• Improved symbol search design, simplified script searching with a “Select Exchange” option.

• Enhanced watchlist management features.

• Tooltip for converting positions.

• Display of client name and ID on the dashboard.

• Advanced charts with over 65 technical indicators.

• Historical data for over 20 years (end-of-day) and over 9 months (intraday).