Trading is rapidly becoming popular as the government is capitalizing on our economy. At present, an Indian can drive the maximum out of his hard-earned money by investing in stocks or mutual funds. However, recently companies like Nykaa and Paytm have released their IPOs, and many companies have proposed going public shortly. So if you are also longing to get your hands on any IPO allotments or randomly invest in some stocks, a trading app will make your work convenient. All you have to do is search for a suitable mobile application for yourself, open a Demat account if you don’t have one, and get started. Here is a list of some top trading apps you can initiate. Also Read- Best Stock Market Simulator Apps
List of Best Trading Apps in India (2022)
Upstox Kite By Zerodha 5Paisa.com Angel One By Angel Broking Motilal Oswal IIFL Securities Online Trading HDFC Mobile Trading App Edelweiss
1. Upstox
It is one of the top-notch trading apps in India, trusted by millions of users nationwide. Moreover, a well-known industrialist and philanthropist, Ratan Tata, invested in Upstox. Therefore, you will have no complaints regarding the brokerage charges as it is the best in this segment.
List of Best Trading Apps in India (2022)1. Upstox2. Kite By Zerodha3. 5Paisa.com4. Angel One By Angel Broking5. Motilal Oswal (Share Market Demat MO Investor)6. IIFL Securities Online Trading7. HDFC Mobile Trading App8. Edelweiss
Previously the app was named RKSV securities. At that time, users were not happy with their online platform. However, RKSV changed itself to Upstox and did many reforms. As a result, the mobile app has an excellent user interface with several versatile features to help investors. Download Android | iOS
2. Kite By Zerodha
The application made trading through smartphones a familiar term for Indians. However, Kite By Zerodha’s most significant advantage is its simplicity. The developers have kept the user interface minimalistic to help non-technical users grip the features. Another great aspect of Kite By Kite By Zerodhais the sleek design that makes it light weighted and doesn’t even need much mobile data to load the contents. There is also a zero brokerage term if you don’t sell your stock instantly after buying them. All over Kite By Kite By Zerodhais a complete suite of trading features. Download Android | iOS
3. 5Paisa.com
Our next inclusion 5Paisa.com is by India Infotel. The plus point of this app is that you don’t have to sign up as a regular user for trading in it. Instead, users can use 5Paisa.com just by creating a guest account. Moreover, one will get stocks, Mutual Funds, insurance policies, and other investment options under a single roof. Recently 5Paisa.com has introduced an auto investor feature that helps you buy suitable stocks as per your investment goals. However, the brokerage charges are high for trading in this app. For example, a delivery charge is levied each time you buy any stocks using 5paisa.com. But still, the features are worth considering the extra charge you pay. Download Android | iOS
4. Angel One By Angel Broking
Another trusted name among online trading platforms is Angel Broking. It is a stockbroking entity providing services for three decades. In addition, the charges are also comparatively low compared to other alternatives. For example, previously, investors had to consider paying a fraction of the trade value each time they invested in Angel Broking, but these charges are now reduced. Moreover, like 5paisa.com, you will get insurance policies, mutual funds, and systematic investment plans all in a single mobile application. Additional features like news, live updates, and Stock Analysis are also available in Angel Broking in mobile applications. But the only downside of the excellent trading platform is its interface which is not much smooth. Download Android | iOS
5. Motilal Oswal (Share Market Demat MO Investor)
Motilal Oswal is a major player in the online and offline trading sectors. With a reputation of several decades, the broking house provides some of the swiftest transactions of stocks through its online mobile platform. In addition, the trading app has integrated AEC, an algorithm-based investment strategy for better convenience. You can avail of Bank transactions in a single click with this excellent app functionality. Moreover, the stock exchange chart shows you the stock price history ranging from 5 years to 1 minute. Last but not least, the intuitive user interface will amaze you with its simplicity. Download Android | iOS
6. IIFL Securities Online Trading
If you want a mobile application, a stock trading tool and an investment advisor, then IIFL Securities Online Trading will be a perfect choice. The app offers expert tips from some of the top market experts in India. In addition, you will get all equity, FXO, commodity, And currency stocks to diversify your portfolio. One can also apply for IPOs through IIFL Securities Online Trading of companies going public. If you face any problem while operating the app, the support team will address your problem. However, iPhone users may face problems related to storage as the iOS app is a bit large. Download Android | iOS
7. HDFC Mobile Trading App
India’s number one private banking sector, HDFC, recently launched a mobile trading app. The app has paid particular attention to maintaining the security features, as you will have to pass a biometric authentication and face recognition before accessing it. Moreover, some additional functionalities like real-time chat, updating lists of trading stocks, etc., are also available. The app also features Investment plans in gold and NCD. Like IIFL, a highly efficient support team is also ready to solve your technical issues while using the app. But the user interface is not well synchronized, which creates some problems in navigation. Download Android | iOS
8. Edelweiss
This is the simplest trading app you can avail of for trading stocks in India. With a high rating of 4.5 Edelweiss online chatting app offers some best-in-class features that investors will not find anywhere else. For example, the low brokerage charges, free online Demat account creation, and more. Not only online, but Edelweiss is also an excellent network of brokers offline, spread all over the country. As a result, investors get several options like equity, derivatives, currency, ETFs, etc., to invest in. The only disadvantage is its size which is slightly higher than its competitors. Download Android | iOS
