India has a rapidly growing stock market, with a large number of retail investors looking for the best stock trading platforms to invest their money.
In recent years, there has been a surge in online trading platforms that allow investors to buy and sell stocks from the comfort of their homes.
These platforms offer a range of features and tools to help investors make informed decisions, including real-time stock prices, research reports, and advanced charting tools.
In this article, we will take a look at some of the best stock trading platforms available in India.
These platforms are known for their reliability, ease of use, and a range of features that cater to both novice and experienced investors.
Whether you are looking for a platform to invest in blue-chip stocks or trade in derivatives, there is a platform out there that will meet your needs. So let’s dive in and explore some of the best stock trading apps in India.
Best Stock Trading Platforms in India for Online Trading (Updated 2023)
Table of content
Upstox Pro is a mobile trading application designed for stock traders and investors. It is offered by Upstox, a leading discount brokerage firm in India.
The app is available on both iOS and Android platforms and can be downloaded for free from their respective app stores.
The Upstox Pro app provides real-time market data, advanced charting tools, and trading features for stocks, futures, options, and currencies.
It also offers features like customizable watchlists, instant fund transfers, and detailed order reports.
Here are some of the key features of the Upstox Pro app:
- Real-time market data: The app provides live streaming of stock prices and other market data, ensuring that traders have access to the latest information at all times.
- Advanced charting tools: The app offers a range of technical indicators and charting tools, which can help traders make informed trading decisions.
- Customizable watchlists: Users can create customized watchlists to keep track of their favorite stocks, futures, and options.
- Instant fund transfer: The app allows users to transfer funds instantly to their trading accounts, making it easier for them to place trades on the go.
- Detailed order reports: The app provides users with detailed reports on their orders, helping them track their trades and analyze their performance over time.
Ratings: 4.7
Company: UpStox
App Downloads: Over 1 crore
Zerodha is a discount brokerage firm based in India that offers online trading services for stocks, commodities, currencies, and mutual funds.
It was founded in 2010 by Nithin Kamath and has since become one of the leading brokerage firms in India, known for its low-cost services and innovative technology.
Zerodha offers a range of trading platforms, including Kite, a web-based trading platform, and Kite Mobile, a mobile app available on both iOS and Android platforms.
These platforms provide traders with real-time market data, advanced charting tools, and other features to help them make informed trading decisions.
Here are some of the key features of Zerodha:
- Low brokerage fees: Zerodha charges a flat fee of Rs. 20 per trade, regardless of the size of the trade, making it one of the most affordable brokerage firms in India.
- Advanced charting tools: Zerodha’s trading platforms provide a range of technical indicators and charting tools to help traders analyze market trends and make informed trading decisions.
- Real-time market data: Zerodha provides live streaming of stock prices and other market data, ensuring that traders have access to the latest information at all times.
- Mutual fund investments: Zerodha offers direct mutual fund investments through its Coin platform, which allows investors to buy and sell mutual funds without paying any commission.
- Educational resources: Zerodha offers a range of educational resources, including webinars, online courses, and a trading blog, to help traders improve their trading skills.
Ratings: 5.0
Company: Zerodha
App Downloads: 100 Lakhs +
Groww is a fintech startup based in India that offers online investment and trading services for stocks, mutual funds, and other financial instruments.
It was founded in 2016 by four former Flipkart employees and has since become one of the leading investment platforms in India, known for its user-friendly interface and low fees.
Groww’s platform is available on both web and mobile, and it provides users with a range of features to help them invest in and trade stocks.
Here are some of the key features of Groww:
- Easy account opening: Users can open a trading account with Groww in just a few minutes, and the process is entirely online.
- Low fees: Groww charges a flat fee of Rs. 20 per trade for intraday trading, and zero fees for delivery trades, making it one of the most affordable brokerage firms in India.
- Range of financial instruments: Groww allows users to invest in stocks, mutual funds, exchange-traded funds (ETFs), and other financial instruments, providing them with a range of investment options.
- User-friendly interface: Groww’s platform is designed to be intuitive and easy to use, even for beginner investors.
- Educational resources: Groww provides users with a range of educational resources, including articles and tutorials, to help them improve their investment skills.
Ratings: 4.5
Company: Groww
App Downloads: Over 1 crore
5paisa is a discount brokerage firm based in India that offers online trading services for stocks, derivatives, commodities, currencies, and mutual funds.
It was launched in 2016 by IIFL Group and has since become one of the popular brokerage firms in India, known for its low fees and advanced trading platforms.
Here are some of the key features of 5paisa:
- Low brokerage fees: 5paisa charges a flat fee of Rs. 20 per trade, regardless of the size of the trade, making it one of the most affordable brokerage firms in India.
- Advanced trading platforms: 5paisa offers a range of trading platforms, including a mobile app, web-based platform, and desktop trading terminal, providing users with advanced charting tools, research reports, and real-time market data.
- Range of financial instruments: 5paisa allows users to invest in a range of financial instruments, including stocks, derivatives, commodities, currencies, and mutual funds, providing them with a range of investment options.
- Instant account opening: Users can open a trading account with 5paisa in just a few minutes, and the process is entirely online.
- Research and educational resources: 5paisa provides users with a range of research reports and educational resources, including tutorials and webinars, to help them make informed investment decisions.
Ratings: 4.2
Company: 5Paisa
App Downloads: Over 50 lakhs
Angel Broking is one of the leading full-service brokerage firms in India that offers a range of investment and trading services, including stock trading, commodity trading, currency trading, and more.
It was founded in 1987 and has since become one of the most popular brokerage firms in India, known for its advanced trading platforms, research reports, and customer service.
Here are some of the key features of Angel Broking:
- Trading platforms: Angel Broking offers a range of trading platforms, including Angel Broking App, Angel Broking Web, and Angel SpeedPro, which provide users with advanced charting tools, real-time market data, and research reports to help them make informed investment decisions.
- Investment options: Angel Broking allows users to invest in a range of financial instruments, including stocks, derivatives, mutual funds, and more, providing them with a range of investment options.
- Expert research reports: Angel Broking provides users with expert research reports and analysis, which can help them make informed investment decisions.
- User-friendly interface: Angel Broking’s platforms are designed to be user-friendly and easy to navigate, even for beginner investors.
- Customer service: Angel Broking provides users with excellent customer service, including phone and email support, to help them resolve any issues they may face while using the platform.
Ratings: 4.3
Company: Angel One
App Downloads: Over 1 crore
ICICI Direct is a leading online trading platform in India that offers a range of investment and trading services, including stocks, derivatives, mutual funds, and more.
It is a subsidiary of ICICI Bank, one of the largest private sector banks in India, and was launched in 2000.
Here are some of the key features of ICICI Direct:
- Trading platforms: ICICI Direct offers a range of trading platforms, including a mobile app, web-based platform, and desktop trading terminal, providing users with advanced charting tools, research reports, and real-time market data.
- Investment options: ICICI Direct allows users to invest in a range of financial instruments, including stocks, derivatives, mutual funds, and more, providing them with a range of investment options.
- Research and analysis: ICICI Direct provides users with expert research reports and analysis, which can help them make informed investment decisions.
- User-friendly interface: ICICI Direct’s platforms are designed to be user-friendly and easy to navigate, even for beginner investors.
- Customer service: ICICI Direct provides users with excellent customer service, including phone and email support, to help them resolve any issues they may face while using the platform.
- IPO investments: ICICI Direct also allows users to invest in Initial Public Offerings (IPOs), which can be an excellent opportunity to invest in new and promising companies.
Ratings: 3.6
Company: ICICI Group
App Downloads: Over 10 lakhs
Sharekhan is a full-service brokerage firm in India that offers a range of investment and trading services, including stocks, derivatives, commodities, currencies, and more.
It was founded in 2000 and has since become one of the popular brokerage firms in India, known for its advanced trading platforms, research reports, and customer service.
Here are some of the key features of Sharekhan:
- Trading platforms: Sharekhan offers a range of trading platforms, including Sharekhan App, Sharekhan Trade Tiger, and Sharekhan Web, which provide users with advanced charting tools, real-time market data, and research reports to help them make informed investment decisions.
- Investment options: Sharekhan allows users to invest in a range of financial instruments, including stocks, derivatives, mutual funds, and more, providing them with a range of investment options.
- Expert research reports: Sharekhan provides users with expert research reports and analysis, which can help them make informed investment decisions.
- User-friendly interface: Sharekhan’s platforms are designed to be user-friendly and easy to navigate, even for beginner investors.
- Customer service: Sharekhan provides users with excellent customer service, including phone and email support, to help them resolve any issues they may face while using the platform.
- Portfolio management: Sharekhan also offers portfolio management services, which can help investors manage their investments and achieve their financial goals.
Ratings: 4.0
Company: SgareKhan Group
App Downloads: Over 1 crore
Paytm Money is a mobile app-based platform launched in 2018 by Paytm, which is one of India’s leading digital payment and financial services companies.
Paytm Money allows users to invest in a range of financial instruments, including stocks, mutual funds, exchange-traded funds (ETFs), and more, all in one app.
Here are some of the key features of Paytm Money:
- Trading platforms: Paytm Money offers a mobile app-based trading platform, which provides users with advanced charting tools, real-time market data, and research reports to help them make informed investment decisions.
- Investment options: Paytm Money allows users to invest in a range of financial instruments, including stocks, mutual funds, ETFs, and more, providing them with a range of investment options.
- Expert research reports: Paytm Money provides users with expert research reports and analysis, which can help them make informed investment decisions.
- User-friendly interface: Paytm Money’s platform is designed to be user-friendly and easy to navigate, even for beginner investors.
- Low fees: Paytm Money charges a very low brokerage fee, making it an attractive option for investors who want to minimise their trading costs.
- Customer service: Paytm Money provides users with excellent customer service, including phone and email support, to help them resolve any issues they may face while using the platform.
Ratings: 4.2
Company: PayTm
App Downloads: 100K +
ICICI Trade Racer is an advanced trading platform offered by ICICI Securities, one of the leading stockbrokers in India.
This platform is designed to cater to the needs of active traders who require advanced charting and trading tools to make informed decisions.
ICICI Trade Racer offers a range of features, including real-time streaming quotes, advanced charting tools, customizable watchlists, and market analysis tools.
The platform provides access to various exchanges, including NSE, BSE, MCX, and NCDEX, allowing traders to trade in equities, derivatives, commodities, and currencies.
One of the standout features of ICICI Trade Racer is its advanced charting tools. Traders can access over 100 technical indicators and chart types, which allow them to analyze the markets in detail.
The platform also offers real-time news and research reports, helping traders stay up-to-date with the latest market developments.
ICICI Trade Racer is available in both desktop and mobile versions, making it convenient for traders to access the platform from anywhere.
The platform also offers a range of order types, including bracket orders, cover orders, and after-market orders, allowing traders to execute their trades with precision.
Ratings: 4.2
Company: ICICI Group
App Downloads: Over 10+ Lacs
Conclusion
In conclusion, there are several reliable and user-friendly stock trading platforms available in India, catering to the needs of both novice and experienced investors.
Some of the best platforms include Zerodha Kite, Upstox Pro, Angel Broking, and ICICI Trade Racer.
Zerodha Kite is a popular platform known for its simplicity and user-friendly interface, making it ideal for beginners. Upstox Pro offers advanced charting tools and features, making it a preferred choice among active traders.
Angel Broking offers a range of research reports and investment ideas, making it an excellent platform for investors looking for expert guidance.
ICICI Trade Racer, on the other hand, caters to the needs of active traders who require advanced charting and trading tools.
When choosing a trading platform, it’s essential to consider your trading needs and preferences, including the type of securities you want to trade, your trading style, and your budget.
Ultimately, the best trading platform is the one that suits your trading needs and provides a seamless and hassle-free trading experience.
I hope you liked our article on Best Trading Apps in India, if you have any comments or suggestions do share them in the comments below.
Frequently Asked Questions
Q1. Who is India's No 1 stock trader?
Rakesh Jhunjhunwala, also known as “The Big Bull,” is among the top 10 traders in India of Indian stock market investors who has amassed a significant fortune through intraday trading and investing.
Q2. Which is better trading or investing?
Q3. Which is best Zerodha or Upstox?
Upstox charges Rs 0 for online account opening. Whereas Zerodha charges a fee of Rs 200 for the account opening.
Here are the some Top stock Trading Apps in India:-