Top 10 Best Trading Apps In India

best trading apps

Have you ever wondered what trading and trading apps are all about? Well, you are in the right place if you are curious to know what it entails. 

Trading is an excellent way to ride the market wave and make rapid profits or diversify your investments. It refers to the buying and selling of securities such as company shares, government bonds, currencies, commodities (raw materials), and derivatives by individuals or financial institutions. 

The advent of the Internet and mobile phone penetration has made online trading through trading apps take precedence in India. 

Online trading apps have managed to change the way traders engage with financial markets. Thanks to the technology, traders can access real-time data, place instant market orders and manage their trading portfolios conveniently on the go. 

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The Top 10 Trading Apps in India

The top 10 trading apps in India are

1. 5Paisa

5Paisa is an app that is popular among investors for its range of investment options, free research, blogs and educational resources. 


  • User-friendly app 
  • Advanced charting tools
  • Customised alerts 
  • Expert tips and recommendations


  • Limited physical presence
  • Intraday and F&O trading are charged 

Opening Charges: Nil 

Offers: 30 days Power Investor Subscription Free

Best For: Retail Trading

 Ratings: 4/5

2. Zerodha Kite

This is a comprehensive trading app featuring advanced technology, deep analytics on daily trade and high-speed data streaming.


  • Beginner friendly app 
  • Mutual fund investments with no commission 
  • Leverage indicator and sticky order window


  • No free research reports or tips 

Opening Charges: Rs.200

Offers: Refer Zerodha to earn 10% Brokerage  and 300 more reward points

Best For: Best Overall

 Ratings: 4.5/5

3. Groww

Make use of the 100% digital process to invest in various avenues such as Indian and Us stocks, mutual funds, gold, and fixed deposits. 


  • User-friendly app 
  • Tools like SIP, market watch 
  • Expert tips and recommendations


  • Limited product offerings
  • Lack of charting tools and back-testing 

Opening Charges: Nil 

Offers: Free registration 

Best For: New Investors

Ratings: 3.5/5

4. ICICI Direct

One of the oldest full brokerage services offering free research, equity trading and advisory services. 


  • Fast order placement
  • A comprehensive range of products 
  • Analytical tools 


  • Not technologically sound 
  • Non-interactive technical charts

Opening Charges: Nil 

Offers: No current offers

Best For: Experienced Investors

 Ratings: 4/5

5. Angel One 

This trading app is extensive, easy to use, and provides integrated research reports.


  • Relationship managers 
  • Physical branches 
  • Multiple trading platforms 


  • High brokerage charges 

Opening Charges: Zero account opening charges

Offers: Complementary Demat Account

Best For: For heavy traders

 Ratings: 4/5

6. Motilal Oswal 

An app that integrates multiple investment avenues, user-friendly design and AI trading tools  


  • Beginner-friendly, easy-to-use charts
  • Extensive mutual fund investment options 
  • SIP services and live bot 


  • Brokerage charges are high

Opening Charges: No account opening charges 

Offers: No current offers

Best For: For equities and mutual funds

Ratings: 4/5

7. Upstox

The user-friendly app is equipped with real-time data and analytical tools and offers multiple investment avenues.


  • Advanced charting tools
  • Easy account opening


  • Limited physical branches 
  • Paid intraday and F&O trading 
  • Customer service can be improved

Opening Charges: Zero Charges

Offers: Free registration

Best For: Intraday/F&O

Ratings: 4/5

8. Dhan 

This is a super fast and effortless trading app.  


  • Real-time updates 
  • Trading view charts 
  • 50% brokerage charge discount for females
  • Low brokerage charges 


  • Lack of research reports and investment tips 

Opening Charges: No charges 

Offers: Earn 20% brokerage every time your referral trades

Best For: Long term investors

Ratings: 4.5/5

9. INDMoney

This is an easy-to-use comprehensive Super Finance app with the backing of foreign investors. 


  • You can trade with zero bank balance 
  • Investment in US stocks 
  • Low withdrawal fees
  • Safe and secure app 


  • Customer service needs improvement 
  • The premium version of the app does not offer value for money

Opening Charges: Nil

Offers: Invest in US Stocks for as low as Rs.100 and get Rs.250 cash back for first deposit

Best For: Investing in US stocks

 Ratings: 4.5/5

10. Mstock

The app allows order placements with a single click and offers several investment options


  • Smart calculators 
  • No brokerage fees
  • Unlimited orders possible 


  • No physical branches 
  • No option to invest in agricultural commodities 

Opening Charges: No brokerage for Rs.999 or low brokerage charges for Rs.149. 

Offers: Earn Rs.555 for every referral

Best For: Zero Brokerage

Ratings: 3.6/5

What are the Brokerage Charges of the Best Trading Apps in India? 

Online stockbrokers help investors to trade through trading apps for a negligible brokerage fee. The top ten trading apps in India have the following brokerage fees.

Trading App

Equity Delivery Brokerage Charges

Equity Intraday Brokerage Charges

F&O Futures Brokerage Charges 

F&O Options Brokerage Charges 

5 Paisa Rs.20/tradeRs.20/tradeRs 20/tradeRs 20/trade
Zerodha Kite Nil 0.03% or Rs. 20/executed whichever is lower 0.03% or Rs. 20/executed whichever is lower Rs. 20/executed
Groww0.05% or Rs. 20/executed whichever is lower 0.05% or Rs. 20/executed whichever is lower Rs. 20/executedRs. 20/executed
 ICICI Direct0.55%0.05%




Angle OneNo brokerage up to ₹500 or the first 30 days. Lower of ₹20 or 0.03% /executed afterNo brokerage upto ₹500 for the first 30 days then lower of ₹20 or 0.03% /executed ₹0 brokerage up to ₹500 for the first 30 days
₹20 per executed order after
₹0 brokerage up to ₹500 for the first 30 days
₹20 per executed order after
Motilal Oswal0.20% 0.02% 0.02% Currency and Equity- Rs. 20
UpstoxLower of ₹20 per order or 2.5% Lower of ₹20 or 0.05%/ executed  Lower of ₹20 or 0.05%/ executed  Rs. 20/executed 
DhanNil Lower of ₹ 20 or 0.03%/executedLower of ₹ 20 or 0.03%/executedRs.20/executed 
INDMoneyRs.20 or 0.05%/executed Rs.20 or 0.05%/executed Rs.20/executed Rs.20/executed 
MstockZero brokerage fee for a one-time charge of Rs.999 Nil NIl NIl 

A Step-by-Step Guide to Download a Trading App

Here is a step-by-step guide to downloading a trading app. 

  1. Download your preferred online trading app.
  2. You can upload copies of the required documents and register with the trading app. 
  3. After verification with OTP, you might be prompted to pay account opening charges if any at this stage to log in or you can start trading immediately. 

Documents Required for Opening an Account with a Trading App

The following documents are required to open an account on a trading app.

Documents for Proof of Identity 

Documents for Income ProofDocuments related to Bank AccountsDocuments for Address Proof
Additional Documents
  • PAN card
  • Voter’s ID
  • Passport
  • Driving license
  • Aadhaar card
  • Six months’ bank statement
  • Salary slip (for 3 months)
  •  Income tax return 
  • Cancelled cheque
  • Passbook
  • Account statement
  • Landline bill
  • Electricity bill
  • Bank statement
  • Ration Card
  • Passport
  • Voter’s ID
  • Registered lease or sale agreement
  • Driving license
  • One passport-size photograph
  • Signed paper

Which App is Best for Trading? Points to Ponder

It can be difficult to sort through numerous options and select the best trading app in India. Use these factors to choose an online trading app that aligns with your trading goals. 

  1. Easy-to-navigate interface 
  2. Real-time market data for quick judgments to leverage market conditions 
  3. Robust security measures like encryption, two-factor authentication and privacy settings 
  4. Low fees and commission charges 
  5. Integrated advanced analytical tools for investors to plan trading strategies 
  6. In-app educational resources such as webinars, blogs and tutorials 
  7. Dedicated customer support 

Final Thoughts

Despite stock market investments being fraught with risks there has been a burgeoning interest in trading amongst Indian retail investors. One of the prominent reasons that can be attributed to this is the growth of online trading apps.These apps have made trading a seamless process and the top 10 trading apps in Indiaoffer innumerable features for investors of all levels. However, you need to carefully analyse the trading apps based on several factors and choose the best trading app in India for success in financial markets. 

Frequently Asked Questions (FAQs)

1. How is trading different from investing? 

Trading involves short-term strategies to optimise returns on an ongoing basis. Investing is a focused long-term approach to building wealth and capital growth. 

2. How can I make a profit by trading? 

The right strategies, risk mitigation techniques and adequate knowledge about the market trends can help in earning profits. 

3. What are the risks involved in trading? 

You can suffer substantial capital losses while trading due to a lack of adequate financial knowledge, emotional decisions and financial market volatility. 

LenDenClub is India’s largest alternate investment platform which started operations in India in 2015. We have been helping investors diversify their investments beyond traditional investment instruments ever since.

LenDenClub is India’s largest alternate investment platform which started operations in India in 2015. We have been helping lenders diversify their investments beyond traditional investment instruments ever since.



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