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10 Best Trading Apps In India 2024 | Price & Download Link

Top 10 Best Trading Apps In India

Trading has seen rapid growth among youngsters. Today’s generation is witnessing a time wherein people are talking more about the stock market and have eventually started to invest in it. It comes as a result of the large returns being provided by the marketplace. To begin with investment and trading, you require a platform that is safe and legal. The top stock market apps are highlighted in this blog post for your consideration. Let’s start to know more:

What Is Trading In The Stock Market?

Trading is holding a stock for a very short period. When you purchase and thereafter sell a stock in one single day, then it is called trading. The best trading app allows you to buy a stock and sell it out once you have gained profit in the same day.

10 Best Trading Apps in India

10 Best App for trading Number of Downloads of best trading apps (Google Play Store) Ratings on trade app in India
Zerodha Kite App 1 crore + 4.3/5
Groww App 1 crore + 4.6/5
Upstox Pro App 1 crore + 4.3/5
ICICI Direct Markets 10 Lakh + 4.1/5
Angel Broking App 1 Crore + 4.2/5
Alice Blue App 1 lakhs + 3.3/5
5Paisa Mobile App 1 crore + 4.3/5
Motilal Oswal 50 lakhs + 4.2/5
Sharekhan App 50 Lakh + 4.0/5
IIFL Markets App 50 Lakh + 4.4/5

How Trading Is Different From Investing?

Trading and Investment are terms that are used interchangeably. It is improper to use them simultaneously because each of them carries a distinct meaning. As stated earlier, trading is buying and selling stock in a single day. On the other hand, investing in the stock market is injecting your money into the market for a longer period. You let the stock grow, reap the profit, and then sell it out after a significant amount of time, then it is called investing.

Are The Indian Trading Apps Safe To Use?

Every prudent man thinks of the authenticity of a trading app as you have to inject your hard-earned money into the app. Technological advancement has revolutionized the way people think about trading. Now the stock market apps are easily available to be downloaded on your smartphone and the best part is that they are completely safe and legal to use. Therefore, if you are planning to start trading by downloading the stock apps, then don’t worry, we have listed the best stock market app India.

Difference Between Online Trading And Offline Trading?

Online Trading Offline Trading
No need to depend on share brokers or intermediaries. Total dependency on share brokers and intermediaries
Place their order directly and instantly Time consuming process as it happens through share brokers
Access to live feeds and real-time updates No access to live feeds and real-time updates.
Suitable for new-age beginners and advanced traders and investors. Suitable for non-tech savvy, conventional and traditional investors and traders.

List of 10 Best Apps For Trading In India 2024

Here’s a detailed description of a few amazing trading app along with the best features and specifications:

1. Zerodha Kite App

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Zerodha is the first-ever app that gained significant milestones in the Indian market because of its technology-backed approach. It is the best stock market app with over 1 crore downloads as it offers suggestions of the stocks in which you can invest or trade. If you want to invest, then this trading app in India does not take any brokerage. You will be charged Rs. 20/- or 0.03% of the trade on Intraday trade and Future & Options transactions.

Key Features

Pros Cons
Supports many languages Mutual fund option not available
Even with poor internet connection trading can be done  

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2. Groww App – Best Trading App India

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It is another best stock trading app India that is versatile. This app is way different from other trading app as this app allows you to invest in Gold, other financial instruments, and fixed deposits. It is one of the best Indian trading platforms which has received the highest ratings on the Google Play store. Talking specifically about trading, this app charges Rs.20/- as a brokerage fee for trading and Futures and options.

Key Features

Pros Cons
Place your order with single click Cost is high per order for call and trade
Free to open the account and also to maintain it Does not support NRI account

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3. Upstox Pro App – Best Trading App India For Beginners

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The list of best apps for share market is probably incomplete without mentioning the Upstox App. It is one of those best investment app that have been trusted by Mr. Ratan Tata. Upstox is the top stock market broker that comes with the options to invest in stocks, e-gold, and mutual funds. Apart from trading and investment, the app has a new section that keeps you updated with the recent happenings in the market. For intraday trading, you will be charged Rs.20/- or 2.5% as a brokerage fee.

Key Features

Pros Cons
Easy to set limits for aftermarket orders With this app you can’t invest in IPOs and FPOs
Simple user interface  

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4. ICICI Direct Markets

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It is one of those invest app or stock trading apps that has been impaneled by almost 30+ Assets Management Companies. In stock market, making wise decisions is very important and that is possible only if you have opted for the appropriate research methodologies. This trading app provides you with reports and charts with the best gainers & losers in the market along with recommendations and suggestions. A brokerage fee of Rs.20/- is leviable on an intraday order.

Key Features

Pros Cons
Easy to buy or sell stocks Slow login process
With marginal trading option pay later  

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5. Angel One App

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With over 30 years of exceptional experience in the stock market industry, this trade shares app has been one of the most renowned apps in the trading industry. Apart from Mutual funds and stocks, this app also provides insurance services. The smoother trading interface and real-time settlement options make this app the top trading app in India. The Brokerage fee is Rs.20 or 0.25% per order.

Key Features

Pros Cons
Low investment charges No support for e-wallets
Choice to invest in the upcoming IPO in India No copy trading feature

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6. AliceBlue App

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In the share market industry AliceBlue Trading application has one of the lowest brokerage charges. Here you get different trading options, such as commodities, equity, futures, etc., which can be helpful for you. Also, this is the best apps for investing in India. 

Key Features

Pros Cons
Rs. 15 for intraday trading Not much popular
Easy and simple to use interface  

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7. 5Paisa App – Investment Apps in India

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This is the best trading platform in India that charges Rs. 0 brokerage on the trade of Mutual Funds. The best learning materials, the option of auto investing specifications, and the best UI Interface make it one of the best share market app in India. You must pay a broker-dealer fee of Rs. 20 for an intraday trading order.

Key Features

Pros Cons
Easy to set price and time alert No commodity trading option
No commission on mutual fund investment  

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8. Motilal Oswal Trading App

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This is another best online trading app that enables you to invest in Gold too. Motilal Oswal has a wide outreach with offices and brand offices in close to 1700 locations across India. This is a AI-backed platform that assists in building a great portfolio. The intraday equity trades are chargeable at 0.50%.

Key Features

Pros Cons
High-quality trading tools and platforms. Brokerage charges can be relatively higher
Investment options beyond traditional equity Minimum brokerage charges on small trades

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9. Sharekhan App

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Sharekhan is one of the best trading apps with a huge clientele of more than 20 lakh clients. The expert advice provided by the executives of this app has helped many people build an amazing portfolio. All the top-notch features that a trader requires are present in this app. The super smooth settlement of transactions makes this app the best trading apps of all time. Also, this is the best investing app in India. The intraday equity trades are chargeable at 0.50%.

Key Features

Pros Cons
No minimum deposit to be maintained Brokerage charges can be relatively higher
Advanced features and tools for all the asset classes Complex fee structure

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10. IIFL Markets App – Best App For Stock Market

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It is another best trading apps that have been carrying this stock business since 1995. With a legacy of almost 28 years, this app has been the best trading app in India with one-to-one service. The excellent tools and price alert options make it the best trading apps. A brokerage fee of Rs.20/- is applicable for intraday orders.

Key Features

Pros Cons
Easy user interface Call and trade services are provided with an extra charge of Rs. 50.
Free research reports  

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Benefits Of Using Trading Apps

Final Thoughts:

The above listed were a few of the best trading apps that you can think of installing. However, you must note that trading is not a cakewalk. It requires intensive training and knowledge to be a successful trader. Since the market is volatile, you must enter it keeping in mind the repercussions you might face.

Disclaimer: This website is not liable for the accuracy or validity of provided information. Users are solely responsible for any kind of action with mentioned assets. Use information at your own discretion.
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