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Saturday, December 23, 2023

11 Best Stock Trading Apps in India

Stock trading is the process of buying and selling shares of publicly traded companies on stock exchanges. It is a way for companies to raise capital by selling shares of their company to investors. You can buy and sell these shares on the stock exchange to make a profit.

There are different types of stock trading, depending on your time horizon and goals. Some of the common types are:

- Long-term trading: 

This involves buying shares and holding them for several years or even decades, hoping to benefit from the growth of the company and dividends.

- Short-term trading: This involves buying and selling shares over a shorter period of time, such as a few days, weeks, or months, taking advantage of market fluctuations and trends.

- Day trading: This is a form of short-term trading where you make several trades within a single day, closing all your positions before the market closes.

- Swing trading: This is another form of short-term trading where you hold your positions for a few days or weeks, looking for momentum and patterns in the price movements.

- High-frequency trading: This is a form of ultra-short-term trading where you use computer algorithms to execute trades in milliseconds, based on preset criteria and signals.


Stock trading involves risk, as the price of the shares can go up or down depending on various factors, such as the company's performance, market conditions, investor sentiment, and news events. Therefore, it is important to have a trading strategy, a risk management plan, and a trading platform that suits your needs and preferences.


List of 10 Best Stock Trading Apps in India

1. Kite by Zerodha

2. Paytm Money

3. Angel One

4. 5Paisa

5. Groww App

6. Upstox

7. Motilal Oswal

8. IIFL

9. Kotak Securities

10. ICICI Direct Market App

11.Stockedge


1. Kite By Zerodha

Kite is the flagship trading platform of Zerodha. It’s a set of software provided by Zerodha for online trading in India’s stock and commodity exchanges. Kite is available in two versions: a website and a mobile trading app.

The platform is known for its speed, simplicity, and ease of use. It offers a clean and intuitive user interface, a super fast and light back-end, and low brokerage for investments and flat ₹20 for F&O trading.

Some of its features include biometric security, embedded Console reports and widgets, TradingView charts, multi-marketwatch views, multi-exit on positions, and a dark mode. It allows customers to trade at BSE, NSE, and MCX.


Account Opening Charges for Zerodha App :-

Account Opening charges by Zerodha Image

Account Maintinance Charges for Zerodha App :-

Account Maintenance Charge (renamed from annual maintenance charge) is the charge to maintain the demat account with Zerodha.

The AMC for a Basic Services Demat Account (BSDA) account is charged based on the value of the holdings and is as follows:

Holding Value                   Annual Charges                          Quarterly Charges

Up to ₹50,000                            Zero charges                                        Zero charges

₹50,001 to ₹2,00,000             ₹100 + 18% GST                                  ₹25 + 18% GST

Above ₹2,00,000                  ₹300 + 18% GST                                     ₹75 + 18% GST

to get complete information about chages and fees visit thier pricing page.


Download from Google Play Store and Join Zerodha App to Start Trading :- Kite by Zerodha


2. Paytm Money

Paytm Money is an online platform provided by Paytm, a popular digital payments company in India. It offers a range of financial services and investment products to Indian users.

Here are some key features of Paytm Money:

  • Demat Account: Users can open an online demat account for stock trading.
  • Direct Mutual Funds: It allows users to invest in direct mutual funds with zero commission.
  • Stock Market: Users can directly invest in companies they follow.
  • National Pension System (NPS): Users can build a retirement corpus and pension, save additional tax on investments up to ₹50,000, and enjoy regular pension income on retirement.

Paytm Money is known for its simplicity, transparency, and accessibility. It’s a SEBI registered Stock Broker and Depository Participant, offering services related to Equity & Derivatives trading, Depository services, and investment in IPOs.


Paytm Money Account Opening Charges :- 

Paytm Money charges Rs 200 for the opening of a trading account with them and is the one-time fee charged while initiating your account opening process. Demat Account Opening is free with Paytm Money.

The AMC charge of Rs 300 is charged only after 3 months of free look period for customers.

to know more about complete charges, you can visit paytm money pricing page.

Download Paytm Money :- Join Paytm Money


3. Angel One Trading


Angel One’s Super App is a one-stop platform for investing and trading in various financial instruments. Here are some key features of the app:

  • Investing and Trading: You can invest and trade in equities, mutual funds, US stocks, IPOs, commodities, futures, and options.
  • Zero Brokerage: The app offers zero brokerage on equity delivery.
  • Live Scans and Free Research: Stay up-to-date about the market with live scans and free research.
  • Trading Tools: The app provides advanced trading tools for a seamless trading experience.
  • Simplified Portfolio Analysis: The app allows for simplified portfolio analysis, making investing and trading a truly rewarding experience.
  • Transparency in Charges: The app ensures transparency in charges.

The Angel One Super App is trusted by over 1.5 crore Indians and is built on two decades of expertise. It aims to make investing super for everyone. You can download the Angel One Super App from their official website or Google Play Store.

Here are the charges and fees associated with Angel One:

  • Account Opening Fees: Free.
  • Brokerage on Delivery Trade: Free.
  • Account Maintenance Charges: Free for the 1st year. From the 2nd year onwards, non-BSDA clients are charged ₹20 + Tax per month. For BSDA (Basic Services Demat Account) clients, if the holding value is less than ₹50,000, there is no charge. If the holding value is between ₹50,000 to ₹2,00,000, the charge is ₹100 + Tax per year.
  • DP Charges: ₹20 per debit transaction (₹50 per debit transaction for BSDA clients).
  • Brokerage Charges: ₹0 brokerage up to ₹500 for the first 30 days. Then, the lower of ₹20 or 0.03% per executed order for equity and futures. For options, commodities, and currencies, it’s ₹20 per executed order after the first 30 days.
  • Transaction Charges: Vary based on the type of transaction.
  • STT (Securities Transaction Tax): Varies based on the type of transaction.
  • GST: 18%.
  • Stamp Duty Charges: Vary based on the type of transaction.
  • SEBI Charges: ₹10 per crore.
  • Clearing Charges: ₹0.

Please note that these charges are subject to change and it’s always a good idea to check the latest on the official Angel One website. Also, additional costs such as stamp duty, GST, and other statutory levies by SEBI will be charged as applicable.

to get complete infromation about angel one pricing, fees and chrges check thier pricing page.


Join Angel One Trading :- Open Demat Account


4. 5Paisa

5paisa is an Indian discount broker that supports trading in a range of financial instruments. Here are some key features of 5paisa:

  • Online Trading: You can trade in various financial instruments such as stocks, mutual funds, currency, IPOs, derivatives, commodities, and US stocks.
  • Brokerage Charges: The brokerage charges are ₹20 for all trades.
  • Super Saver Packs: They offer Super Saver Packs where you can trade smartly for just ₹10.
  • Commission-Free Mutual Funds: They offer 0% commission on mutual funds.
  • Advisory Services: They provide daily long/short term investment calls.
  • Trading Tools: They offer real-time option chain with Greeks, the ability to place up to 10 orders with a basket, real-time pledging of stocks & mutual funds, intraday funding at 0% interest with margin plus, and a dedicated platform for FnO traders.

Charges and fees associated with 5paisa:

  • Account Opening Fees: Free.
  • Account Maintenance Charges (AMC): Free for the 1st year. From the 2nd year onwards, if your holding value is less than ₹50,000, there is no charge. If your holding value is between ₹50,000 to ₹2,00,000, the charge is ₹8 per month. If your holding value is above ₹2,00,000, the charge is ₹25 per month.
  • DP Charges: ₹12.5 per debit transaction.
  • Brokerage Charges: ₹20 for all trades.
  • Super Saver Packs: They offer Super Saver Packs where you can trade for just ₹10.
  • Transaction Charges: Vary based on the type of transaction.
  • STT (Securities Transaction Tax): Varies based on the type of transaction.
  • GST: 18%.
  • Stamp Duty Charges: Vary based on the type of transaction.
  • SEBI Charges: ₹10 per crore.
  • Clearing Charges: ₹0.

Please note that these charges are subject to change and it’s always a good idea to check the latest on the official 5paisa website. Also, additional costs such as stamp duty, GST, and other statutory levies by SEBI will be charged as applicable.

5paisa is known for its powerful platform for lightning-fast trading and easy trade execution. It’s trusted by many users and has a good app rating. You can download the 5paisa app from their official website or Google Play Store.


5. Groww Trading App

Groww is a popular investment and trading platform in India. Here are some key features of the Groww app:

  • Investing and Trading: You can invest and trade in various financial instruments such as stocks, mutual funds, IPOs, futures, options, and even US stocks.
  • User-Friendly Interface: The app has a simple and clean user interface, making it easy for users to navigate and place orders.
  • Zero-Commission Mutual Funds: Groww offers direct mutual funds with zero commission.
  • Advanced Trading Tools: The app provides advanced trading tools, including candlestick charts to show price movements and historical performance.
  • Instant Paperless Account Opening: You can open a Demat account instantly and start trading.
  • UPI Payments and Bill Payments: The app also allows for quick UPI payments and bill payments.
  • Loans: You can apply for a loan and get it within minutes.

Groww App pricing and charges:- 

Here are the charges and fees associated with Groww:

  • Account Opening Fees: Free.
  • Account Maintenance Charges (AMC): Free for the 1st year. From the 2nd year onwards, if your holding value is less than ₹50,000, there is no charge. If your holding value is between ₹50,000 to ₹2,00,000, the charge is ₹8 per month. If your holding value is above ₹2,00,000, the charge is ₹25 per month.
  • DP Charges: ₹13.5 per company.
  • Brokerage Charges: ₹20 per executed order or 0.05% whichever is lower.
  • Transaction Charges: Vary based on the type of transaction.
  • STT (Securities Transaction Tax): Varies based on the type of transaction.
  • GST: 18%.
  • Stamp Duty Charges: Vary based on the type of transaction.
  • SEBI Charges: ₹10 per crore.
  • Clearing Charges: ₹0.

Join Groww App :- Create Account on groww

6. Upstox 

Upstox is a low-cost, online discount broker in India that offers trading services across various financial instruments. Here are some key features of Upstox:

  • Investing and Trading: You can trade in equities, commodities, currency, futures & options, mutual funds, and IPOs.
  • Advanced Trading Technology: Upstox offers a variety of trading platforms and tools. The company’s web-based platform is user-friendly and offers real-time market data, charting tools, and technical analysis indicators. Upstox also offers a mobile app that allows you to trade on the go.
  • Superior Technology: Upstox is a strong proponent of leveraging technology. They provide tools to help make better and wiser trading decisions.
  • Quality Customer Service: Upstox prides itself on having one of the best customer service teams in India.
  • Seamless Account Opening Procedure: The account opening process is seamless and quick.
  • Partnerships: Upstox has partnered with third-party service integrations such as Smallcase, Sensibull, Tickertape, Streak, etc.

Upstox pricing and charges:-

Here are the charges and fees associated with Upstox:

  • Account Opening Fees: Free.
  • Account Maintenance Charges (AMC): Free for the 1st year. From the 2nd year onwards, if your holding value is less than ₹50,000, there is no charge. If your holding value is between ₹50,000 to ₹2,00,000, the charge is ₹8 per month. If your holding value is above ₹2,00,000, the charge is ₹25 per month.
  • DP Charges: ₹13 + ₹5.50 (CDSL charges) per scrip per debit transaction.
  • Brokerage Charges: ₹20 or 2.5% of trade value (whichever is lower) for Equity Delivery trading and a lower of ₹20 or 0.05% for Equity Intraday, Equity Futures, Currency Futures, and Commodity Futures. For Options, the company charges a flat ₹20 brokerage fee.
  • Transaction Charges: Vary based on the type of transaction.
  • STT (Securities Transaction Tax): Varies based on the type of transaction.
  • GST: 18%.
  • Stamp Duty Charges: Vary based on the type of transaction.
  • SEBI Charges: ₹10 per crore.
To get complete information about changes ,fees and pricing visit their pricing page.

7. Motilal Oswal

Motilal Oswal is a leading online share trading and investment broker in India. Some of the features of Motilal Oswal are:

It offers a range of products and services, such as mutual funds, portfolio management, equity, derivatives, commodities, currency, IPOs, insurance, and more¹.

It has a dedicated research team that provides insights and advice on various market segments and investment opportunities.

It has a user-friendly and feature-rich mobile app, called MO-Trader, that enables users to trade and invest on the go. The app has features like Options Store, Option Brains, interactive charting tools, and more².

It provides a margin trading facility that allows users to invest more with limited funds, with an indefinite holding period and an attractive interest rate⁴.

It has a 'spending time in market' philosophy rather than 'timing the market', and focuses on investing in high growth potential stocks for long-term returns⁵.

It has won over 100 awards for its excellence and innovation in the broking industry.

Motilal Oswal is a full-service broker that offers a range of products and services at competitive pricing and charges. Here are some of the key points about Motilal Oswal's pricing and charges:


Pricing and charges of Motilal Oswal :-

The account opening and annual maintenance charges (AMC) for trading and Demat accounts are free for the first year.

The brokerage charges for equity delivery are 0.20% of the transaction value.

The brokerage charges for equity intraday and futures are 0.02% of the transaction value.

The brokerage charges for equity and currency options are Rs 20 per lot.

The brokerage charges for commodity futures are 0.02% of the transaction value.

The brokerage charges for commodity options are Rs 200 per lot.

The transaction charges, GST, stamp duty, and other statutory levies are applicable as per the market norms.

You can use the brokerage calculator on Motilal Oswal's website to estimate the total charges for your trades. You can also compare the brokerage charges of Motilal Oswal with other brokers on this website.

to get complete information about pricing visit thier pricing page.


8. IIFL

IIFL (India Infoline) is a leading financial services company in India, offering

a wide range of services including equities and derivatives trading, mutual funds,

life insurance, fixed deposits, government bonds, and other small savings instruments.

They also provide loan products and investment banking.

IIFL has an online share trading platform, which allows you to trade on the go.

The platform is known for its cutting-edge technology and world-renowned research.

It offers a variety of features such as high-speed order execution and confirmation,

real-time and interactive charting tool, and a single integrated window to buy or

sell any product.

You can trade in various products including cash, FNO, mutual funds, IPOs,

currency, and commodities. The platform also provides a consolidated view of your

portfolio and access to all trade reports, charges, and bills.

If you’re interested in their stock performance, you can check out their

latest stock price on financial platforms.

Pricing and charges of India Infoline:-

IIFL (India Infoline) has a variety of trading plans with different pricing structures.

Here are some details:

Investor Plan (Online Plus)

  • Equity Delivery: 0.25%

  • Equity Intraday/ Futures (per lot): 0.025%

  • Nifty Options (per lot): ₹25

  • Stock/ Bank Nifty Options (per lot): ₹25

  • Commodity, Currency trading: 0.025%

  • Currency Options (Per lot): ₹8

  • Currency Futures (Per lot): ₹20

  • Commodity Options (Per lot): Gold ₹125, Silver ₹80, Crude Oil ₹80,

  • Copper ₹65, Zinc ₹65, Gold Mini ₹10

Premium Plan (Dedicated RM)

  • Equity Delivery: 0.50%

  • Equity Intraday/ Futures (per lot): 0.05%

  • Nifty Options (per lot): ₹50

  • Stock/ Bank Nifty Options (per lot): ₹50

  • Commodity, Currency trading: 0.050%

  • Currency Options (Per lot): ₹10

  • Currency Futures (Per lot): ₹25

  • Commodity Options (Per lot): Gold ₹150, Silver ₹100, Crude Oil ₹100, Copper ₹80,

  • Zinc ₹80, Gold Mini ₹15

Super Trader Plan (Pro Traders)

  • Monthly subscription: ₹999

  • Equity Delivery: 0.10%

  • Equity Intraday/ Futures (per lot): 0.01%

  • Nifty Options (per lot): ₹10

  • Stock/ Bank Nifty Options (per lot): ₹10

  • Commodity, Currency trading: 0.015%

  • Currency Options (Per lot): ₹5

  • Currency Futures (Per lot): ₹15

  • Commodity Options (Per lot): Gold ₹80, Silver ₹50, Crude Oil ₹50, Copper ₹50,

  • Zinc ₹50, Gold Mini ₹5

Annual Charges

  • Account Opening Charges (one-time): ₹0

  • First Year Annual Maintenance: ₹0

  • Annual Maintenance (from 2nd year): ₹250

visit pricing page to get complete information about charges and pricing.

9. Kotak Securities

Kotak Securities is one of India’s leading stock broking companies and offers a wide

range of financial services.

They provide a diverse product portfolio that includes futures and options,

margin trading, exchange-traded funds, currency, commodity, mutual funds, IPOs,

and more.

They have a user-friendly online trading platform where you can execute trades in

equity, future and options, manage your investments, track portfolios, and stay updated

on the market.

Kotak Securities also offers different brokerage plans based on the age and trading

needs of the customers. For instance, they have a “Trade Free Youth” plan for

customers below 30 years of age, and a “Trade Free Plan” for customers above

30 years of age. Both plans offer zero brokerage on certain trades.


Pricing Plan of Kotak Securities:-

Kotak Securities offers different pricing plans based on the age and trading needs of the customers. 

Here are some details:

Trade Free Youth Plan (For below 30 years of age)

  • ₹299 for 1st year
  • ZERO brokerage on all Intraday trades

Trade Free Plan (For above 30 years of age)

  • ₹99
  • ZERO brokerage on all your Intraday trades

Trade Free Pro Plan

  • ₹249 +GST per month
  • Get pay later (MTF) at special rates

Dealer Assisted Plan

  • ₹499 + GST
  • Guidance and support from dedicated dealers

Demat Account Charges

  • Account Opening Fees: ₹0 (Free)
  • Annual Maintenance Charge (AMC): ₹600 per year
  • Demat Debit Transaction Fee: 0.04% + NSDL charges (minimum ₹20) per debit transaction.
to get complete information about Kotak Secuties pricing and charges visit thier pricing page.

10. ICICI Direct Market App

ICICI Direct is a leading online trading and investment platform in India,

offered by ICICI Securities. It provides a wide range of financial services

including trading in stocks, futures & options (F&O), commodities, and currency.

You can also invest in Initial Public Offerings (IPOs) using this platform.

ICICI Direct offers a user-friendly interface with features like high-speed order

execution, real-time portfolio tracking, and market updates. It also provides a

secure login for managing your portfolio and trading services.

Pricing and charges of ICICI Direct :-

ICICI Direct offers different pricing plans for trading. Here are some details:

Equity Delivery

  • Brokerage: 0.55%

Intraday Trade

  • Brokerage: 0.275%

Equity Future Trade

  • Brokerage: 0.05%

Equity Option Trade

  • Brokerage: ₹95 per lot

Call and Trade

  • Charges: ₹25 per call

Demat Account Charges

  • Account Opening Fees: ₹0 (Free)

  • Annual Maintenance Charge (AMC): ₹600 per year

  • Demat Debit Transaction Fee: 0.04% + NSDL charges (minimum ₹20) per debit transaction

to get complete information about pricing and charges visit pricing page.


11. Stockedge

StockEdge is a unique platform with a 100% focus on research and analytics. It’s a leading stock market app in India that provides a variety of tools for doing fundamental research, technical research, and derivatives research.

The platform is designed to empower users to do self-research and make stock trading & investing in the stock market easy. It provides features like automatic idea generation, latest share market news, portfolio tracking, combination scans, and more.

StockEdge offers a comprehensive analysis of stocks on NSE and BSE, and helps you discover investing & trading opportunities. It provides a 360° stock analysis including news, announcements, edge chart, volume & delivery, technicals, fundamentals, scans, and much more.


Stockedge Pricing and charges:-

StockEdge offers different premium plans with various features. Here are some details:

Premium Plan

  • Monthly: ₹250

  • Yearly: ₹2999

  • Features: 250+ Advanced Scans, Research reports by StockEdge Analysts, Edge Insights, Sector Rotation Level - I, Market Breadth, Pre-Defined Trading Strategies, Investment Ideas, 300+ Key Investor Portfolios, Derivative Analytics, Combination Scans, Company Filings, Investment Themes, Access to interactive Edge Chart, Advanced Filters & CSV Downloads, Tab Customization, and more.

Pro Plan

  • Monthly: ₹1000

  • Yearly: ₹11999

  • Features: All in Premium + Powerful algorithm-driven pre plotted chart patterns, Sector Rotation Level - II, Technical Peer Comparison, and more.

Club Plan

  • Monthly: ₹2000

  • Yearly: ₹23999

  • Features: All in Pro + Experts and analysts to help with your inquiries, Trading and Investment ideas, Practical learning at StockEdge Club, Access to unlimited Webinars and 999 Courses for free, Sectoral/Company analysis, SE Social, Access to 7 Different inhouse clubs, and more.

to get complete information about stockedge pricing and charges visit thier pricing page.




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