Looking for the best stock trading apps in India? Here are the best stock market apps I’ve used and recommend.
India has among the world’s highest household savings, at around 30%. Despite this, the Indian stock market is still in a nascent stage. Only around 7,800 scripts are listed on the Indian stock markets and among these less than 3,000 are actively traded. (Source – National Stock Exchange of India)
While the Securities and Exchange Board of India (SEBI) approved mobile trading over a decade ago, investors preferred to trade through traditional dealers.
There are, however, several mobile apps that make trading more convenient. Among these, there are some mobile apps that are comprehensive, while others are niche (means, for trading in a specific small category).
In this article, we’ll take a look at some of the best stock trading apps in India. Some of them are best for beginners while some are for experts. Some of them are dedicated to stock trading while others are both for watching stock markets.
Why use stock trading apps
There are many benefits of using stock trading mobile apps. They can help you trade stocks on the go, monitor your portfolio, and get real-time quotes. They can also provide you with market news and analysis, and allow you to set up alerts for when certain stocks reach a certain price.
The key advantages of mobile stock trading apps are:
- Place orders from anywhere at any time.
- Real-time stock market updates by the second.
- Get timely notifications.
- Instant access to market days.
- Historical data with graphs and study reports.
Best Stock Trading Apps in India
A stock trading app allows you to buy and sell stocks online. You can also use the app to track the performance of your stocks, set up alerts, and get news and analysis. Here are the best stock market apps in India. (More in the article below.)
1. AngelOne (Zero brokerage for delivery trades)
2. Kite by Zerodha (Zero brokerage for equity delivery)
3. UpStox (Instant investing)
4. 5Paisa (Auto investing)
5. IIFL Markets (Easy investing)
Features in stock trading apps:
- Do stock trading easily on mobile.
- Open DEMAT accounts easily.
- Get updates on Indian and global financial markets.
- Track BSE, NSE, MCX, and NCDEX exchanges.
- Track indices (Sensex, NIFTY, and India VIX), stocks, futures, options, mutual funds, commodities, and currencies.
- View recommendations from experts.
- Monitor your portfolio.
My first recommendation is AngelOne – an amazing stock trading app for mobile (both iOs and Android).
With over 1 Million happy customers (as claimed) AngelOne seems to be one of the most popular and top stock trading house in India today. You can open a DEMAT account pretty easily within 15 minutes in five easy steps.
Their highlight is zero fees for equity delivery and Rs.20 per order! More details here.
I personally think that it would take more than 15 minutes but that’s not the point. Their trading platform is a great value add and many veteran traders vouch for them.
I also love that they have a lot of videos, webinars, online classes, etc on how to do trading on their platform. It is a good platform to start trading for beginners as well. You can get their apps here. Android and iOs app.
Kite by Zerodha is a young and very popular app that has gotten popular in recent times. Based out of Bangalore, this company has been dishing out some amazing features and making waves in the stock traders community.
This is why even many seasoned investors have been recommending Zerodha to their young investors who are beginners to stock trading.
Benefits of Kite by Zerodha
- Low brokerage charges compared to discount brokers.
- Excellent trading platform with a great user interface.
- Good charting platform.
Getting an account opened at Zerodha may take a lot of time though as their documentation and application process is kind of cumbersome. I had to talk to their customer support agent multiple times, send multiple documents, and had to wait 13 days before getting access to the system.
Both Android and iOs versions of this app are available. Download links are below.
Also read – How to Make Money in Stocks
Upstox is an upcoming & popular stockbroker in India that promises completely FREE equity investments & only ₹20 per order for Intraday transactions.
Their stock trading app is probably one of the best-designed ones out there, with an amazing look and feel. Even new traders will have no issue figuring out and understanding their trading app.
They are new and young and very aggressive in their approach. But there are many complaints from existing customers about their customer support. I hope they have fixed it.
Upstox Stock App Benefits
- Better tech, better experience using their mobile app.
- Easy account starting process.
- New age platform, better customer service.
- Only Rs.20 per order for intraday transactions.
Also read: How to learn stock market trading
4. 5 Paisa
5 Paisa is a platform that has been making big waves in the industry recently. With super low brokerage charges (10 Rs per transaction) this app is a hot favorite among young traders who are beginners.
Some users are claiming that their mobile platform is better compared to Kite by Zerodha. You can check it out here.
5 Paisa Stock Trading App Benefits & Advantages
- Flat fee per order (10 Rupees per transaction)
- Low brokerage fees at 10 Rupees.
- Free Demat and trading account opening.
- All segment brokerage charges flat 10 rupees.
- The mobile trading application is better compared to Zerodha.
- Quick account opening process.
Also read: Is swing trading better than day trading
5. Kotak Stock Trader App
Kotak Stock Trader is popular among loyal Kotak fans for some reason. It’s not the best app in terms of UX and UI but for getting things done, it is a good app. It lets you trade in equity, derivatives, Futures & Options and currencies.
It lets you do all the things that a typical stock trading app lets you do. But there are several customer complaints on public platforms talking about how they have lot of charges for every transaction. Also, they aren’t very popular for their customer service.
Also read: What is after hours trading
6. Share Khan App
Sharekhan, is obviously a very popular name in stock trading. Is it trusted and recommended though? Probably not.
ShareKhan is listed under NSE and BSE and provides a decent trading platform to buy and sell shares.
I found it more as an educational platform and although you can do trading, it is not the best user experience. It’s a very old platform to be honest.
Compared to platforms like AngelOne where the user experience is amazing, Share Khan falls back on many points.
7. Motilal Oswal Mobile App
Whether you are a beginner or expert in stock trading, Motilal Oswal is a homely name in share market.
And their Mobile trading app is one of the most widely used and respected.
Motilal Oswal mobile trading app lets you trade equities, derivatives, currencies, commodities, futures & options, Mutual funds, IPOs etc.
But there are lots of negatives being reported by users.
Hidden charges for transactions, alerts not working properly, and several bugs. Ouch!
Best Stock Market Apps in India
8. IIFL Markets
Launched by India Infoline Ltd, one of India’s leading brokerage firms, this app enables instant trading to registered customers. You can view equity research reports from IIFL’s own team, receive price alerts and customizable your watchlist. You can also request for support directly from the app.
The Moneycontrol app is among the most popular Android apps for the Indian Stock market. Apart from the features of a comprehensive stock market apps, it allows you to view live streaming of CNBC-TV18 (English), CNBC AWAAZ (Hindi), CNBC BAJAR (Gujarati) and CNBC PRIME HD.
10. Stock Watch: BSE / NSE
Apart from the regular features, the Stock Watch: BSE / NSE app (discontinued) allows you to track top fund houses and analyst views on a specific stock. You can know their current view, changes in their recommendations over 90 days, and the consensus view. It also has a search to suggest functionality and sort facility
11. NSE Mobile Trading
The NSE Mobile Trading app is popular because of its simplicity. The downside is that many of the features one would find in comprehensive apps are missing in this one.
12. ET Markets
Launched by The Economic Times, the ET Markets app lets you track stock market indicators in several regional languages. You can also watch ETNOW TV. It has a smart voice search functionality and one can customize news, analysis, and data according to one’s preferences.
You can set up your watchlist and can share news and events with your community through SMS, emails, Twitter, Facebook, and WhatsApp. Moreover, you can sync stories when online and read them offline.
13. JStock Android
The stock Android app integrates with the desktop app. It supports 36 world stock markets and allows you to manage your dividend, along with your portfolio.
14. NDTV Profit
The NDTV Profit app allows you to watch Live TV and use interactive charts with custom timeframes from a day to three years.
15. Indian Stock Market Watch
Apart from the regular features, the Indian Stock Market Watch app has a very detailed individual stocks page.
16. Stock Manager – NSE
17. Stock Edge
The Stock Edge app is focused on research and analytics. It provides extensive tools for fundamental, technical, and derivatives research. The app allows you to conduct price scans and filter according to highs and lows achieved in a week, a month, 52 weeks, etc., high volume stocks, high delivery stocks, etc.
It also allows checking moving averages, candlestick patterns, aggressive longs, aggressive shorts, etc. One can also conduct sector research
18. Share Market Trading Course
The Share Market Trading Course app has 20 hours of technical analysis and training videos for stock trading, commodity trading, options, and forex trading. The training materials range from beginner guides to advanced technical analysis tools and strategies.
19. BSEIndia on Mobile
The BSEIndia on Mobile app has been launched by BSE Ltd, Asia’s first Stock Exchange.
20. Live Share Tips
The Live Share Tips app provides tips for NSE, BSE, MCX, and NCDEX, commodities, gold, silver, and forex. One can also follow the moves of experts.
If you’re using an Android device, here are the best stock market watch apps for Android mobile devices in India.
- NSE BSE Live Stock Quotes
- Investar: Indian Stock Market
- Stock Market Live Quotes
- My Indian Stock Market.
Which stock market apps do you use? Let me know your recommendations in the comments. Thanks!