If you are someone wondering to find out the the best trading app in India to invest and trade in stock market than you are at right place. In this post I will be presenting you not only the best trading app but to guide to avoid the worst one.
Yes, choosing the right trading app is one of the important steps to be taken, however many people make huge mistakes before finding the right one.
This happens due to the lack of information as well as about the wrong information available on internet, because of this one may choose the worst stock trading app rather then the best one and loose his/her hard earned money.
As there are more than 300+ stock trading apps available on playstore today in India, in other words similar number of stockbrokers as per the latest available NSE Data, it is quite a possibility to be selecting the wrong one.
Even the stockbroking companies sometime makes wrong promises and even have hidden charges associated, hence it becomes very important for you to only choose the best ones.
Keep in mind that, If you have the best trading platform than most of your trading and investing related issues get resolved automatically otherwise you might need to call the broker every now and than and face unnecessary hurdles.
Another important aspect to keep in perspective before choosing a stockbroker is not just the mobile trading app but the desktop/laptop, downloadable as well as web version should also have great technical and fundamental analysis tools and resources, it should be user friendly, intuitive with ease of placing orders.
Having said that, never ever consider just one USP while you choose any stockbroker i.e. to say a best broker is one who has all the services for users such as lower brokerage and other charges, segments (Equity, FnO, Commodity, currency) in which a client trade, Investing opportunities other then stock market such as SIP’s in mutual fund, IPO, NFO, SGB, ETF, Digital Gold, etc.
Other then this third party tool integration such as Sensibull, smallcase, Tickertape, Streak, Refinitiv etc. are also to be kept in mind.
All in all everything which can make trading and investing experience more pleasant and worthy enough is what makes moneycontain best trading app in India.
So, do not consider below list only as the best trading app in India but the best stockbroker in overall comparison of various different services, tools and other resources available with them.
Just to let you know I have account with all this brokers whose trading app, I am about to review, and based on their mobile apps performance this post has been created instead of just plain information.
I have also discussed the reason for these stock trading apps to be best, So without any further delay lets us directly move to check who are in moneycontain top 5 trading app in India list this year.
5 Best Trading App In India:
Trading App Name
Open Account Now
Zerodha Kite App
Upstox Pro App
Above overall rating is based on all the prominent features not only for mobile apps but for other trading platform such as browser or web based version, downloadable version, brokerages, account opening charges etc.
You can read the complete review and comparison of these best stock brokers here.
Let us review these best trading app in India hierarchy wise, will see the features and services offered by all above apps as well as reviews and ratings by users on google play store for this 5 best trading apps.
Comparison Of Best Trading App In India:
Below are the some of the most prominent features of these best stock trading apps in India in detail:
Zerodha Kite Mobile App:
First, in the list is Zerodha Kite mobile app, they were the one who bought this significant change in the broking industry. Only after them more new discount brokers came up with new tech innovation and made incredible trading platform for users.
But, what make zerodha kite mobile app different is its features but before we talk about the features let see the google playstore ratings, I have not added the IOS rating because all services are same for both operating systems.
As you can see with 4.3 ratings on playstore out of more than 1.94 lacs review, it shows Zerodha Kite acceptance amongst it users.
Zerodha’s Kite Android app offers same functionalities as of Zerodha Kite web version, it’s Clean & intuitive UI, super fast and super light back-end helps in for all your investment and trading needs.
Features of Zerodha Kite Mobile App:
- -Built from scratch using brand new technologies
- -Significant speed improvements
- -Brand new design, everything from login to the order window
- -Biometric (fingerprint and Face ID – iOS) 2FA for seamless logins and better security
- -Embedded Console reports and widgets
- –TradingView charts along with ChartIQ on both web and mobile with more than 100+indicators
- -Universal overview screen for all instruments
- -Instant status update after order placement
- -Order update push notifications
- -Extended filter and search options on MarketWatch, holdings etc.
- -Customisable multi-MarketWatch views
- -Multi-exit on positions
- -Seamless login to other apps in the Zerodha Universe
- -Dark mode!
You can easily do fundamental and technical analysis for all segments, moreover apart from trading app zerodha in partner with other financial tech companies provide many other services which are built on these apps, such as Sensibull, Smallcase, Refinitiv, streak, Sentinel, Coinbase, nudge etc.
Zerodha in itself is the universe, whether you are a beginner or experience trader and investor, zerodha has all resources set at one place for you.
Although the google playstore rating of zerodha kite app is less than upstox pro app the reason I kept it above is by looking the overall features and other trading platform performance i.e. browser and downloadable version in mind.
To open an account with Zerodha right away click on this link.
Upstox Pro Mobile App:
Second in the list is Upstox Pro, it is the best mobile trading app which has inbuilt all the major tools, indicator and resources as it has in upstox Pro web based platform.
Upstox Pro helps you trade and analyze the Indian stock markets in real-time. Cutting edge charting tools, and live market data make it one of the most renowned stock market trading apps in India.
Upstox is India’s largest investment platforms trusted by over 90 lakh investors. This easy-to-use app will help you with all your investment needs. Now you can invest in stocks, mutual funds, gold, IPOs, and futures & options with this state-of-the-art investment platform.
Key Features of Upstox Pro Mobile App:
Invest in Stocks:
- Easy, fast, and secure way to invest in the stock market
- Zero brokerage on stock investments
- Access charts, financial data, and news related to every stock to make informed decisions
Invest in Mutual Funds:
- Choose from more than 2,000 mutual fund schemes
- Don’t pay any commission fees by investing in direct mutual funds
- Track your investment portfolio in real-time
Invest in Digital Gold:
- Buy 24 karat, 99.9% pure gold
- Safety is assured as gold is stored in secured vaults
- Start investing from as low as Re 1
- Buy or sell real-time with lock-in only for the first 5 days from purchase
Intraday and F&O:
- View OHCL (Open High Close Low) data to make better trading decisions
- Use stop-loss feature to minimize loss
- Access pre and post-trade analytics, intelligent drawing tools, 100+ charts, 250+ indicators with ChartIQ and Trading View
- Place an order from where you are, be it charts, scrip details, or market depth
Invest in IPOs:
- Invest in stocks as soon as the company issues them
- Apply for an IPO and track status online effortlessly
- Buy stocks at the original value and avoid the impact of market demand
The ratings on play store for upstox mobile app is 4.5 with more than 2.9 lacs users reviewed it, which is much better than any other broker and highest stockbroker rated app as of now.
With Upstox Pro mobile app you can make the most of stock market investment and trading. Apart from this upstox also has an API for developers who wants to create their own platform in programming languages such as python.
Upstox as an stockbroker has made its place in the Indian stock broker industry with their fast and efficient trading platforms, sophisticated charting software’s combined with speed and reliability as well ease of opening the account online paperless.
Moreover apart from trading app Upstox in partner with other financial tech companies provide many other services which are built on these apps, such as Sensibull, Smallcase, Tickertape, Sentinel, etc.
The charges and brokerages are very much reasonable in comparison to other brokers, if you are thinking of opening a trading/demat/mutual fund combined account, than do not put any second thought.
To open an account with Upstox right away click on this link and open account with Rs.0 AMC (limited time period)*
5Paisa Mobile App:
With more than 5.5 million installs, 5paisa mobile app is one of the best stock market trading apps in India, that suits both beginners and traders. It’s a free and easy to use trading app.
With the app, you can get live updates from NSE, BSE and MCX markets, access world-class charting tools with advance studies, analyse stock market trends, and trade on-the-go.
If you are new to trading, you can learn everything about investing in the share market through learning videos.
If we talk about the 5paisa playstore ratings, with more than 1.78 lacs user reviews it’s rating stands at 4.2.
Key Feature of 5Paisa Mobile App:
- Exposure: Get the highest exposure for your intraday and delivery trading with our value add-on packs
- All-in-one: Trade in Equity, Derivatives, Commodity and Currency segments
- Live Tracking: Get live updates on stock prices and quotes from NSE, BSE & MCX
- Transfer funds easily: Authorise fund transfers easily within the 5paisa app via Netbanking of over 40 banks or via UPI for your trading
- Charting: Cutting edge charts with a wide range of studies and drawing functionalities for advanced technical analysis
- One-click order placement: Execute trades at lightning-fast speed with a single click
- Research: Access industry’s best stock research & tips to help you decide when to Buy and Sell stocks with the help of products like – Smart Investor, Swing trader, Sensibull, Smallcases, Screeners
- Watchlist: Create multi-asset watchlist, synced across devices
- Alerts: Set price alerts for instant updates via mobile notifications based on real-time market feeds
- Robo Investment Advisor: A unique feature to help you build a customised portfolio suited to your needs and risk profile
- More products: Invest in direct mutual funds, buy digital gold, buy insurance and take personal loans from the same app
All the functions that you see in the web based version are available with the mobile app of 5paisa. Moreover, with 5Paisa you can also invest in US Markets easily within few steps.
What makes 5Paisa different from other is not only the services offered by them but the free trading, Demat and mutual fund account, you do not have to pay a single penny to open the account, moreover you can use the services and see if its suits your need.
Secondly, the kind of technological advancement in there trading platforms, apart from this they offer PMS (portfolio management services), insurance, loans, gold investment, research advisory.
You have the option to take paid subscription plan for even a month at as low as Rs.299.
So, go ahead and open an free 5Paisa account now through here and get Rs.250 credit for a limited time period* there is nothing to lose its a win-win deal.
Espresso By Sharekhan Mobile App:
Sharekhan has launched a separate entity called Espresso for discount brokerage services.
Espresso offers trade execution facilities for equity cash and derivatives segments on BSE and NSE, commodities trading facilities on MCX and NCDEX as well as in currency segment.
They have partnered with both CDSL and NSDL for depository services. The basic idea of espresso is to help clients succeed by ensuring that they have more money in their hands by not paying brokerage on loss-making intra-day trades, or simply put ”pay-when-you-profit-pricing model”.
The espresso mobile app playstore ratings are 4 with 1.3k users reviewed, this is because the company just got launched last year in 2020 in month of September.
But it has potential to perform better ratings in future with kind of innovating team Espresso have plus the back of one of the largest and oldest full-time stock broker in India i.e. Sharekhan.
Key Feature of Espresso Mobile App:
- – Create watchlists of your favourite stocks and F&O and Currency segments
- – Multi-Exchange streaming of MarketWatch with more details about scrips and contracts
- – Tick-by-tick refresh of stock rates, multiple prices, and graphs
- – Latest prices of Sensex and NIFTY
- – Heat map of all indices
- – In-app EoD Reports
- – Stay logged in even after closing the app
- – Transfer funds from your bank account to your Espresso account in seconds!
TRADER SPECIFIC FEATURES
- Enhanced live charts (Renko, Line, Candlestick, Bar, Area) with more time frames (ranging from 1 minute to 1 year), tracker ball and advanced chart studies ensure you stay on top of your game
- Fast refresh rates for stocks, multiple prices and graphs
- Fresh Dashboard for a comprehensive view of what’s happening in the market at all times
- In-depth market movers of stocks and Futures and Options
- A variety of order placements in one place – normal order, MIS, MIS+, Bracket Orders (BO)
INVESTOR SPECIFIC FEATURES
- – Circumspect financial information at your fingertips to enhance your investments!
- – Simplified access to your investment portfolio, reports and market movers
- – Watchlists, MarketWatch, IPOs
Espresso by Sharekhan might be new in discount broking industry but as we know being a subsidiary of Sharekhan it has support as well as the experience that any new start-up requires.
Having said that, Espresso seems to be a perfect choice for anyone who is looking to open an trading/demat account, moreover there are no charges as of now to open an account so nothing to lose at all.
Get additional benefits with Espresso when you open an account through this link. Such as 1 year MoneyFlix subscription free and also a 30% discount on Espresso trade booster learning program.
Fyers Mobile App:
Fyers mobile trading app has inbuilt all the major tools, indicator and resources as have in fyers web based platform. FYERS gives you fast, reliable and seamless trading experience in Indian markets across all segments on major exchanges.
Trade Entry & Exit is fast with easy navigation from watchlists, trading & positions. Also, get state of the art charting with 22+ years of historical EOD, 2+ years of Intraday historical data.
If we talk about ratings on playstore, with more than 4.6k reviews users the rating stands at 4.1, although the users are less because it is just 4 years old company which trying to reach users organically.
Key Features of Fyers Mobile App:
- – Intuitive UI & simple to use.
- – TradingView Charts with 22+ years of historical EOD data
- – 2+ years of intraday historical data
- – Trade from charts
- – Chart settings synced with FYERS Web
- – Historical & Realtime charts available for spot indices
- – Pre-defined Watchlists
- – Watchlists synced with FYERS Web
- – Use App & Web simultaneously
- – Add Favorites for Quick Access
- – Easy to Use Options chain
- – Quick access to Support
- – Biometric & Pattern-based passwords
- – Access to Back Office records
- – All major exchanges available (NSE, BSE, MCX)
On every trading platform given by fyers there is a link inbuilt, which takes you to back-office login where you can see your ledger, contract notes, profit loss statement, your portfolio and holdings.
Overall, every trading platform offered by fyers have everything a trader or investor need, there is nothing to complaint about and with time in future you may see some more extraordinary features.
A company which is just 4.6 years old, have made itself a brand within this period. There are more than 300+ stockbrokers in India which are working from so long, but Fyers has created its own place. This a significant example of how a startup should work.
My Opinion On Best Trading App In India:
All above mentioned stockbroker has made there place in the Indian stock broker industry with their fast and efficient trading platforms, low brokerages charges, sophisticated charting software’s combined with speed and reliability as well ease of opening the account online paperless.
Some other important technical and fundamental features are listed below which you can get with any of the above stockbrokers app.
- Universal search tool to find simple and complex stocks.
- Access to NSE/BSE cash, Futures and Options, commodities and Currencies scrips
- Cutting-edge charting tools that are above industry standards
- Japanese Candlestick Charts of multiple intervals, types and drawing styles
- Apply 100+ technical indicators on real-time charts
- Trade directly from charts with the Trade From Charts (TFC) feature
- Checkout Fundamentals of company such as Balance Sheet, Profit/loss statement, RoA, RoCE , Results etc.
- Set unlimited number of price alerts for instant updates
- Option chain, Option Greek Calculator, Option Moneyness, Option Scholes Calculator etc.
- Create unlimited number of customized watchlists
- Different types of orders such as Gtt, Limit order, Market order, Stop-loss order, Basket order etc.
- Receive real-time market feeds to stay on top of your scrips
- Access predefined watch-list of Nifty 50, FINNifty and other indices
- Biometric (fingerprint and Face ID – iOS) 2FA for seamless logins and better security
- Invest in ETF’s, Gold, SIP’s in Mutual Funds, and lot more options such as third party integration smallcase, sensibull, tickertape, streak, Sentinel etc.
All above stockbrokers and their stock trading apps are the best and Honestly No Other App Can Beat Them as of now.
So, whether you are a beginner or experienced trader and investor in stock market you should open an account with these stockbrokers, now it is up to you to decide and selecting that suits your need.
Having said that Upstox and Zerodha is any day my favorite stock brokers while comparing with others.
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Note: Please do your own research and make investment. Moneycontain will not be responsible for any of your losses at all. The point made is for educational purpose only and intended to give information. All investments are subject to risks, which should be considered prior to making any investments.