Top 10 Best Trading Apps In India

2. Angel One

AngelOne is a financial trading company that is renowned for its low-cost brokerage. It has zero cost on brokerage, the first 30 days of intraday, F&O, commodities, and a zero charge account maintenance in the first year.

Using this platform, you can invest in stocks, IPO, F&O, Commodities, mutual funds, and even US stocks.

Key Features

• Comprehensive trading and investment platform.
• Robust research and advisory services.
• Wide network of branches for offline support.
• User-friendly mobile app.
• Offers various trading segments, including commodities and forex.

Pros

• Extensive research reports and recommendations.
• Dedicated relationship managers.
• Access to IPOs and mutual funds.
• Multiple trading platforms for different needs.
• Strong presence with physical branches.

Cons

• Brokerage charges can be on the higher side for some traders.
• Complex fee structure for various services.
• May not be suitable for budget-conscious investors.

Charges of Angel One Trading App

• Equity Brokerage – 0 on investments, Rs. 500 or Rs. 20 per executed order, or 0.03% for intraday trading.
• Prices apply for Future & Options, Currency, and Commodities.
• Regulatory and Statutory Charges apply, as mentioned on the website.

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3. Motilal Oswal

Known for its exceptional research and reports into the financial markets, Motilal Oswal is the ideal platform for trading and wealth management services. It offers several investment options with research-backed calls and investment suggestions. This makes it the ideal option for beginners or those wanting to learn more about the market.

Key Features

• Comprehensive research and advisory services.
• Diverse product offerings, including PMS and AIFs.
• Advanced trading platforms.
• Robust mobile app for on-the-go trading.
• Access to wealth management services.

Pros

• Strong research and market analysis.
• High-quality trading tools and platforms.
• Dedicated customer support.
• Presence in various financial services.
• Investment options beyond traditional equity.

Cons

• Brokerage charges can be relatively higher.
• Minimum brokerage charges on small trades.

Charges of Motilal Oswal Trading App

• 0.02% intraday and Futures Fees.
• 0.20% Delivery.
• Rs. 20 per lot for Options (Equity & Currency).
• Additional Charges are mentioned on the website.

4. IIFL Markets Mobile App

IIFL, or India Infoline, is a diversified financial services provider with an app for investing in several financial instruments. IIFL Securities allows you to invest in multiple equities, derivatives, commodities, IPOs, and other markets, with research and news to make informed decisions.

Key Features

• A diversified financial services provider.
• Online trading with research and analysis.
• Multiple trading platforms.
• Access to mutual funds and IPOs.

Pros

• Wide range of financial services.
• Multiple trading platforms to choose from.
• Offline support through branches.
• Research and advisory services.

Cons

• High brokerage charges and complex fee structure.
• It may not be the most cost-effective option for frequent traders.

Charges of IIFL Markets Mobile App

• 0.25% equity delivery.
• 0.025% on intraday.
• 0.025% for futures.
• Rs. 25 per lot on options.
• Additional charges as mentioned on the website.

5. Upstox Trading App

A prominent name in discount brokerages, Upstox is known for its simple-to-use interface and excellent analytical features. We’ve included it in our list for its affordability, ease of use, and wide range of investment opportunities, making it an excellent choice for traders and investors alike.

Key Features

• Robust trading platform with real-time data.
• Access to derivatives and commodities.
• Comprehensive charting tools.
• User-friendly mobile app.

Pros

• Advanced charting and analysis tools.
• Fast and easy account opening.
• Access to IPOs and mutual funds.
• Zero brokerage on equity delivery.

Cons

• Charges apply for intraday and F&O trading.
• Customer support can be improved.
• Limited offline presence.

Charges of Upstox Trading App

• Rs. 0 brokerage.
• Rs. 20 for intraday equity, F&O, Currency and Commodity.
• Rs. 20 on equity delivery or 2.5%, whichever is lower.
• Additional charges as mentioned on the website.

6. Kotak Securities

As a subsidiary of Kotak Mahindra Bank, Kotak Securities provides strong financial backing. It excels in research and offers a vast network of branches. This makes it an attractive option due to its financial stability, research support, and diversified product offerings, making it a well-rounded choice for traders.

Key Features

• A subsidiary of Kotak Mahindra Bank.
• Diverse financial product offerings.
• Research reports and recommendations.
• User-friendly trading platforms.

Pros

• Strong financial backing.
• Extensive research and advisory services.
• Access to IPOs and mutual funds.
• Multiple trading platforms.
• Wide network of branches.

Cons

• Brokerage charges can be relatively higher.
• Minimum brokerage charges on small trades.
• Complex fee structure for various services.

Charges of Kotak Securities Trading App

• Rs. 0 brokerage on mutual funds and IPO.
• Rs. 0 brokerage on all intraday trades.
• Detailed plans: Trade Free Plan, Trade Free Max, and Trade Free Youth, depending on features and plan chosen.
• Detailed pricing plans and charges as mentioned on the website.

7. Sharekhan

One of the first brokers in the game, Sharekhan has a vast network of branches and strong research reports, making it the preferred option for several investors. It offers diverse investment opportunities and also has a mobile app for trading and investments.

Key Features

• Diverse investment options.
• Research and market analysis tools.
• Multiple trading platforms.
• Access to mutual funds and insurance.

Pros

• Extensive research reports and recommendations.
  • Wide network of branches.
• Investment opportunities beyond equities.
• Advisory and wealth management services.

Cons

• Brokerage charges can be relatively higher.
• Complex fee structure.
• UI and charts are not as intuitive as compared to the newer investment apps.

Charges of Sharekhan Trading App

• Minimum brokerage of 10 paise per share for equity.
• Detailed structure for Future and Options, Intraday trade as mentioned on the site.

8. WazirX

A top trading platform for cryptocurrency and Bitcoin, WazirX is known for its easy-to-use UI, super fast KYC process, and strong community. It provides detailed insights and reports to help make informed decisions and is a trusted platform in India for crypto investments.

Key Features

• Cryptocurrency-focused trading platform.
• Wide range of cryptocurrencies supported.
• P2P trading platform for INR deposits and withdrawals.

Pros

• P2P platform for easy INR deposits and withdrawals.
• Staking and lending features for passive income.
• Security features like two-factor authentication (2FA).
• User-friendly interface for beginners.

Cons

• Regulatory uncertainty in the Indian cryptocurrency market.
• Trading fees and lending fees apply depending on specific services.

Charges of WazirX Trading App

• Trading fees apply as per the plan chosen and the size of the lot. A minimum 0.40% charge applies on trading volume below Rs. 5 lakh, with the fees decreasing as trade volumes increase.
• Detailed pricing and minimum order size are mentioned on the website. P2P fees, deposit, and withdrawal fees also apply.

9. Zebpay

Zebpay is a crypto trading platform that allows you to trade in Bitcoin, Ethereum, BAT, and 150+ cryptocurrencies. Built for the Indian market, you can get all the prices in INR and make trades while also getting tailored insights into the crypto market, making it ideal for beginners.

Key Features

• Cryptocurrency exchange with a focus on security.
• User-friendly mobile app.
• Multiple cryptocurrency trading pairs.
• INR deposit and withdrawal options.
• Integration with blockchain-based wallets.

Pros

• Strong emphasis on security and user data protection.
• A variety of cryptocurrencies are available for trading.
• INR deposit and withdrawal options.
• User-friendly interface for traders of all levels.
• Integration with blockchain wallets for added security.

Cons

• Limited traditional asset trading options.
• High trading fees.
• It may not offer as many features as some international exchanges.

Charges of Zebpay Trading App

• Each transaction will incur a marker fee, taker fee, intraday fee, quick trade fee, Fiat withdrawal fees, and more. You will also have to pay a one-time fee of Rs. 500 for KYC requirements.
• Platform membership fee includes 0.0001 BTC or equivalent if you do not make any trade in the month.

10. Unocoin

Unocoin is an ideal platform for Bitcoin and crypto trading and has been the trusted choice for Indians since 2013. The platform allows crypto traders to deposit INR, buy and sell cryptocurrencies, and transfer profits into a bank account.

Key Features

• One-stop solution to buy, sell, exchange, or lend in cryptocurrencies.
• Systematic Buying Plans (SBP) for Bitcoin and Ether.
• Allows re-charge or top-up wallets using Bitcoin.
• Availability of several global cryptocurrencies.
• Pan-India presence.

Pros

• Specialised in Bitcoin trading.
• INR deposit and withdrawal options.
• Investment and SIP options for long-term investors.
• User-friendly mobile app.
• Strong customer support.

Cons

• Primarily focused on Bitcoin with limited focus on other crypto instruments.
• Only for cryptocurrency and Bitcoin.
• Limited trading features compared to international exchanges.

Charges of Unocoin Trading App

• 0.5% of transactions to buy or sell crypto.
• 0.0005 – 0.0009 BTC to send or receive Bitcoin.
• Maker Fee, Taker Fee, Deposit Fee, and Network Fee apply for each cryptocurrency as mentioned on the website.

Invest Better, Smarter with These Trading App

India’s financial ecosystem is experiencing rapid growth thanks to growing financial awareness among individuals.

From stock trading to peer-to-peer lending, individuals are now exploring various avenues to help them reach their financial goals. While each financial instrument and plan comes with its own set of risks and opportunities, it is always best to do your research and invest accordingly.

Choose the app that best suits your needs and investment goals, and make an informed decision.