BEST Trading Apps in India (Stock Market App) in 2023

BEST Trading Apps in India (Stock Market App) in 2023 - INVESTMENT PLAN 2023

Our Top Picks

Best Overall - Paytm Money

Paytm Money is India's best overall trading application, offering Rs. 500 free brokerage this month. Aside from that, the app has an easy-to-use interface and a lot of advanced trade analysis tools that can help you.

Best Forex Trading - Zerodha Kite

Zerodha Kite is the best forex trading application in India as it allows people to trade across so many assets and provides many free trade analysis tools that can be helpful for them.

Best for Beginners - Groww App

Groww App is the best trading application for beginners due to its simple and easy-to-use user interface. It allows people to open a new Groww Demat account for free. You will also get a huge portfolio of local and international stocks on this app, which can be helpful for you.

List of The Top 10 Trading Apps In India

Rank	Names	Ratings	Top Features	Fees (Per Trade)	Best Offers
1	Paytm Money	5.0/5.0	Zero commission on direct mutual funds	Rs. 15	Rs. 500 free brokerage this month
2	Zerodha Kite	5.0/5.0	Has all the stock trading options	Rs. 20	Zerodha Referral and Earn: Flat 10% Brokerage + Extra 300 Reward Points
3	Angel One	5.0/5.0	Rapid buying and selling of stocks	Rs. 20	Free Offer : Free Demat Account
4	Upstox App	4.7/5.0	Best for instant investing	Rs. 20	Sign Up Offer: Sign up for Free and start your investing journey today
5	Groww App	4.6/5.0	Perfect for Beginners	0.05% or Rs. 20 (which one is lower)	Mutual Funds Offer : Get Up to 65% back on your mutual fund investment
6	5paisa App	4.6/5.0	Has Auto investing option	Rs. 20	5paisa IPO Offer - 30 days Power Investor Subscription Free
7	ICICI Direct App	4.5/5.0	Pay Later with marginal trading	Rs. 20	No current offers
8	Edelweiss App	4.3/5.0	Has many advanced trade analysis tools	Rs. 10	No current offers
9	FYERS	4.0/5.0	One of the lowest trading fees	0.03% or Rs. 20 (which one is lower)	Free Account Opening
10	AliceBlue App	4.0/5.0	Just Rs.15 for intraday trading	Rs. 15	Special offer : Trade brokerage-free equity delivery

Comparison Between Apps

App Name	Ratings	Charges	Unique Features
Paytm Money	5.0/5.0	Rs. 500 free brokerage this month	Many free trade analysis tools and pending bonuses on trading volumes
Zerodha Kite	5.0/5.0	No charges for equity delivery	It is an all-in-one trading solution
Angel One	5.0/5.0	No charges for trade across any segment	Perfect option for beginners
Upstox App	4.8/5.0	Rs. 20 for per executed orders	Advanced charting tools with over 100 technical indicators
Groww app	4.6/5.0	Rs. 20 or 0.05% (which is lower) per executed order	100 percent paperless process to open account
5paisa App	4.6/5.0	Rs. 20 per trade	Has Auto investing option
ICICI App	4.5/5.0	0.05 per cent brokerage charges	Pay Later option with marginal trading
Edelweiss App	4.3/5.0	Rs. 10 per executed trade	Very low brokerage charges
FYERS	4.0/5.0	No brokerage charges and account opening charges	No commission on investing in mutual funds
AliceBlue App	4.0/5.0	Rs. 15 per trade charge	One of the lowest intraday trading charges

Complete Review Of All Best Trading Apps In India

1. Paytm Money

Paytm Money is registered with SEBI as a stockbroker and investment advisor. The corporation is a member of NSE, BSE, and CDSL as a depository participant and member. Paytm Money was founded as a platform for direct mutual fund investments. Rs. 500 free brokerage this month.

Android Rating - 4.5/5.0
IOS Rating - 4.0/5.0 stars
App Downloads - 100K +
Speciality - All types of trading solutions
Company - PayTM

Features

Free equity trading
Zero commission on direct mutual funds
Maximum brokerage is Rs. 15 per trade
Zero maintenance charges
Fully digital account opening process
Feature to switch external regular mutual fund to direct mutual fund

Pros	Cons
Many free analysis tools to determine your mistakes	NA
A simple-to-use platform
Great customer support

Charges:

Paytm Money uses a fixed brokerage model for intraday trading, charging a flat fee of Rs 15 or 0.05% (whichever is lesser) for each executed order. All segments have Rs. 15 maximum brokerages payable per order.

2. Zerodha Kite

Zerodha Kite is an all-in-one trading solution for people. It has many advanced trade analysis tools and a very simple user interface, making it a superb option for both beginners and professional traders.

Android Rating - 4.3/5.0
IOS Rating - 3.2/5.0 stars
App Downloads - 100 Lakhs +
Speciality - Provides all types of trading option
Company - Zerodha

Features:

Superfast buying and selling of stocks
Large number of both local and international stocks are listed
Simplistic user interface
It is an all-in-one trading solution

Pros	Cons
Numerous languages are supported	The mutual funds option is not available
Trading can be done even with a weak internet connection

Charges:

Rs. 20 is charged per executed order in intraday
No brokerage charges across any investments

3. Angel One App

The Angel One trading application has a very simple and easy-to-use interface, which makes it a great option for beginners. It comes with many advanced trade analysis tools, helping people discover their mistakes and become better traders.

Android Rating - 4.2/5.0
IOS Rating - 3.6/5.0 stars
App Downloads - Over 1 crore
Speciality - Has many advanced trade analysis tools
Company - Angel One

Features:

Quick selling and buying of stocks
Amazing user interface
Mutual funds investment option is available

Pros	Cons
Low investment charges	Provides no support for e-wallets
Option to invest in the upcoming IPO in India	Does not have the copy trading feature

Charges:

Rs. 20 is charged across commodities, forex, options and futures

4. Upstox Pro Trading app

Upstox Pro is one of the biggest trading applications in India, owned by Upstox. It is popularly known for its instant investing feature and huge local and international stock portfolio.

Android Rating - 4.3/5.0
IOS Rating - 4.1/5.0 stars
App Downloads - Over 1 crore
Speciality - Universal searching tools to determine easy and complex stocks
Company - Upstox

Features:

Allows instant investing
Comes with TFC feature
You can define n number of price alerts to get instant updates

Pros	Cons
You can set limits for aftermarket orders	You can't invest in IPOs and FPOs using this app
Very simple user interface

Charges:

Rs. 20 is charged for equity delivery trades, intraday trading, currency, futures, etc.

5. Groww App

Groww is considered to be the best beginner-friendly trading application in India. It allows people to open their Demat account for free and offers them many amazing trading analysis tools that can be helpful for them.

Android Rating - 4.6/5.0
IOS Rating - 4.4/5.0 stars
App Downloads - Over 1 crore
Speciality - Perfect for beginners
Company - Groww

Features:

Allows you to open a free Groww Demat account
No commission on mutual fund investments
Very simple user interface

Pros	Cons
You can place an order with a single click	Charges for call and trade per order is very high
No charges to open your account or to maintain it	It does not support an NRI account

Charges:

Rs. 20 or 0.05% (whichever is lower) is charged for equity intraday, equity delivery trades

6. 5paisa App

5paisa App is one of the most popular trading applications in India. It allows its customers to trade at all three big exchanges, i.e., BSE, NSE, and MCX, which makes it a superb option.

Android Rating - 4.3/5.0
IOS Rating - 4.1/5.0 stars
App Downloads - Over 50 lakhs
Speciality - Perfect for auto investing
Company - 5paisa

Features:

You get auto investing option
Allows you to invest in mutual funds
Regularly provides amazing offers to its customer

Pros	Cons
You can set price and time alerts	Do not have commodity trading option
No commission on the mutual fund's investment

Charges:

Rs. 20 is charged per order for all forms of trading segment

7. ICICI Direct App

ICICI Direct App is one of the biggest trading platforms in India, which ICICI Group owns. It provides online trading and investment services to more than 50 lakh customers. You can open your account on this platform for free.

Android Rating - 3.6/5.0
App Downloads - Over 10 lakhs
Speciality - Easy to use trading application
Company - ICICI Group

Features:

Provides many analytical tools such as charting, graphs, live P&L statements
Speedy order placements, just swipe to sell or buy stocks
Offers several plans with features and benefits such as neo plan, prime plan, etc.

Pros	Cons
Just swipe to buy or sell stocks	Not great reviews on iOS and Android
Pay later with a marginal trading option	Slow login process

Charges:

Rs. 20 per executed order for equity delivery, options, etc.

8. Edelweiss App

The Edelweiss App is known for its simple single-touch login feature, which can be done using your fingerprint. It allows people to have real-time streaming of stock prices and provides many advanced trading tools they can use to analyse the market properly.

Android Rating - 4.3/5.0
IOS Rating - 4.0/5.0
App Downloads - Over 10 lakhs
Speciality - Very low brokerage charges for all executed orders
Company - Edelweiss

Features:

Provides many advanced market analysing tools which can help you to make accurate decisions
Allow you to log in just with your fingerprint

Pros	Cons
No charges to open your account	Charges for call and trade are high
Beginner-friendly user interface
Simple to transfer fund

Charges:

Just Rs.10 for all executed orders as brokerage.

9. FYERS App

FYERS is one of the best trading platforms in India. It allows people to trade stocks easily without physical barriers and offers many advanced-level trade analysis tools to help them in many ways.

Android Ratings - 4.0/5.0
IOS Rating - 2.3/5.0
App Downloads - Over 1lakhs
Speciality - Perfect option for professional traders
Company - FYERS Securities

Features:

Allows you to get real-time data through the market watch
Quick and reliable charts, streaming quotes

Pros	Cons
Advanced-level trading options	Very bad reviews over IOS
No brokerage charges for equity delivery trades	High deposit charges

Charges:

Rs.20 per order across all segments, such as equity, intraday, etc.

10. AliceBlue App

The AliceBlue Trading application has one of the lowest brokerage charges in the share market industry. It offers many different trading options, such as commodities, equity, futures, etc., which can be helpful for you.

Android Ratings - 4.0/5.0
App Downloads - Over 1 lakh
Speciality - Very low fees and offers all types of trading options
Company - AliceBlue

Features:

Very low intraday trading charges
Many trade analysis tools
Offers all types of trading options

Pros	Cons
Just Rs. 15 for intraday trading	Not much popular
Simple and easy-to-use interface

Charges:

Rs.15/order for all the executed orders