Looking for investing, but unsure about how to begin? The interest in Online trading apps is increasing rapidly in India, many trading mobile applications help in investing in mutual funds, stocks, and other financial services.

According to the reports, Active traders on stock exchanges in India hit 1.2 crores in FY 22. With the growing popularity in the internet, the number of users is getting increase every year.

In the competitive industry there are many mobile apps available in the stores, but knowing the best-performing trading mobile apps will help you in investing better. Here we have covered the top Trading apps in India that are popularly used by people.

10 Best Trading Apps in India

Kite by Zerodha
Groww
5 Paisa
Angle One
Motilal Oswal
IIFL Markets
Upstox
Paytm Money
Kotak Securities
Sharekhan
WazirX
Zebpay
Unocoin

Kite by Zerodha

Zerodha Kite is one of the popular Trading mobile apps. Available in both iOS and Android Platform. In regard to trade it is considered the best trading mobile application. Some of its key features are,

– Quick Trading
– Easy User-interface
– Real-time market analysis
– Easy fund overflow
– Suitable for all tradings

Advantages

Even with weak network connection the app performs well
Offers 10 regional languages
Integration with third party mobile apps

Disadvantages

IPO investments and Mutual fund options are not available
Back-office management is separate

Groww

Groww is one of the top Trading mobile apps, that allows users to create a free Demat account. Providing trade stocks at very low brokerage. Can get higher returns by investing in equity Mutual funds. Some of the features of Groww are,

– With a single click users can place an order
– User can stop or cancel a running SIP
– Portfolio analysis
– Best Customer service

Advantages

Users can with draw 90% their investments per day
Options to invest in US stocks, Indian Stocks, Gold and many
Self directed trading

Disadvantages

More advanced order options like brackets, cover orders are not available.

5 Paisa

5 Paisa is a well-known trading mobile app in India that allows people to trade in stocks, mutual funds, derivatives and more. It provides the ability for the customers to trade easily and it is well-known for its honest pricing. Some of its key features are,

One of the best mobile trading platforms
Easy and quick account opening process
Zero Brokerage
More advanced analytics and charts
Access to insurance and mutual funds

Advantages

No brokerage on equity delivery
Low-cost trading
Real-time data and reports
More user-friendly interface
Customizable alters with multiple order types

Disadvantages

Charges applicable for F&O trading and Intraday trading
Need improved customer service
Offering only limited offline access

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Angle One

Angel One is One of the top Trading companies that is known for its low-cost brokerage. For the first 30 days, it has zero cost on brokerage for intraday, commodities, and F&O. And for the first year, it charges zero account maintenance. With the help of Angel One people can invest in IPOs, stocks, mutual funds, US stocks, and many other things. Key features of Angel One are,
Comprehensive investment platform and trading

– User-friendly app
– More robust advisory services and research
– For offline support, it provides a wide network

Advantages

Detailed research reports
Access to mutual funds and IPO
Dedicated relationship managers
Physical branches make their presence strong
Provides multiple trading platforms

Disadvantages

For some kinds of traders, the brokerage charges can be high.
May not be recommended for low-budget investors.
More complex fee structure

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Motilal Oswal

Motilal Oswal provides extra ordinary reports and research. It is an ideal platform for wealth management and trading. Providing several investment options with investment suggestions and research-backed calls. A platform for the beginners to learn about the market. Key features of Motilal Oswal are,

– Wide range of product offerings
– More advanced trading platform
– Advisory services
– Comprehensive researches
– Robust mobile app
– Access to management services

Advantages

Strong market analysis and research
High-quality trading platforms and tools
Highly dedicated customer support
Various financial services presence

Disadvantages

Higher brokerage charges
Low brokerage charges on small traders

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IIFL Markets

IIFL markets app helps in investing in many financial sectors. India Infoline allows users to invest in various equities like commodities, derivatives, IPO and many other markets. Some of the key features of IIFL Markets app are,

Online trading with analysis and research
More diversified financial service offering
Various trading platforms
Access to IPOs and mutual funds

Advantages

Multiple trading platforms
Wide range of financial services
Advisory services research
Offline support

Disadvantages

Complex fee structure and high brokerage charges
For frequent traders it is not an cost-effective option

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Upstox

Upstox Trading Mobile app is known for its excellent analytical features and simple- to-use interface. One of the best choices for traders because of its ease to use, affordability and wide range of investment options. Some of its key features are,
Advanced charting tools

– Access to commodities and derivatives
– Robust trading platform
– User-friendly application

Advantages

More advanced analytics tools and charting
Easy account opening features
Zero brokerage
Access to mutual funds and IPOs

Disadvantages

Charges applicable for F&O trading and Intraday
Only limited offline presence
Need improved customer support

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Paytm Money

Paytm Money is India’s best trading mobile app. It has lots of more advanced trading tools and charts helping users to trade better. Paytm Money has an easy user-interface.

– Free access to various trade analysis tools
– User-frienldy and simple to use
– Price update notification
– In-app brokerage calculator
– Digital KYC and paperless account creation

Advantages

To safe-gaurd personal details it offers 2 factor authentication
Real-time data analysis
Supported by all smartphones
Smart notification feature

Disadvantages

Equity brokerage is not free when compared other top trading apps
No branch access

Kotak Securities

Kotak Securities is a subsidiary of Kotak Mahindra Bank, it offers various financial services. Have a vast network of branches. It attracts users due to its diversified products, financial stability and research support. Some of its key features are,

– Offering diverse financial products
– User-friendly trading platforms
– Recommendations and research reports.

Advantages

Advisory services and strong research
Financial banking services
Access to mutual funds and IPOs
Multiple trading platforms

Disadvantages

High fee structure
High brokerage chargers

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Sharekhan

Sharekhan, One of the best Trading apps, it has strong research reports and wide network branches. User-friendly mobile apps make investments and trading easy. Some of its key features are,

– Research and market analysis
– More investment options
– Various trading platforms
– Access to insurance and mutual funds

Advantages

Wide branches
Wealth Management services and advisory
Recommendations and research reports

Disadvantages

Fee structure is complex
Relatively higher broker charges

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WazirX

Wazirx considers as best trading apps for Bitcoin and Cryptocurrency in india. It has a super fast KYC process, easy to use features and a very strong community. It is one of the trusted platforms in India and provides more detailed reports and insights. Some of its key features are
Trading platform is focused on cryptocurrency and P2P trading platform.

Advantages

Security features like 2FA (Two factor authentication)
User-friendly Interface
Lending and Trading features

Disadvantages

Uncertainty in the Cryptocurrency market
Lending and Trading fee depends upon the services

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Zebpay

This Zebpay allows users to trade in BAT, Ethereum, Bitcoin and around 150+ cryptocurrencies. One of the best platforms for beginners. Some of its keywords features are,

– User-friendly mobile app
– More secure and relaibale platform
– Integrated with blockchain facilities

Advantages

Strong user data protection and security
User-friendly interface
Variety of cryptocurrencies
INR transaction options

Disadvantages

Only limited trading options
More trading charge

Unocoin

Unocoin is a A platform for crypto trading and Bitcoin. One of the trusted platform for users. It allows users to trade through cryptocurrency. Some of its key features are,

– Trading in a easy way
– Allows users to top-up wallets with the help of Bitcoin
– Pan-India Presence

Advantages

INR Transaction options
User-friendly mobile app
SIP and investments options for long term
Good customer support

Disadvantages

Only Bitcoins and Cryptocurrency
Less focus on Cryptocurrency
Only limited trading features

Listed above are some of the Top 10 Trading apps in India. If you are looking to develop a Trading app, reach Smarther- One of the best Mobile app development company and customize your app requirement.