Top 10 Trading Apps in India 2025

The following is the list of top 10 trading app in India:

Comparison Between Apps

Learn about the Best Trading Apps in India-

Check the complete details about best trading app features , Charges & 2024 trading app reviews below -

Groww App

Groww is India’s No.1 stock-broker in terms of NSE active clients. It is a user-friendly trading and investment platform that enables both beginners and experienced users to trade in F&O, intraday, commodities, and algorithmic strategies, invest in mutual funds, stocks, ETFs, NFOs, Bonds and apply for IPOs. Recently, Groww received the “Best Investment App India” award by Sensor Tower 2024.

Features:

1. Free demat account and zero maintenance charges
2. Zero commission on mutual fund investments
3. Fast order execution to maximise profits and minimise losses
4. API support for high-speed, automated trading

Pros:

1. One-stop platform for trading and investing.
2. Easy UI that caters to both beginners and experienced traders looking for a simple yet powerful investment and trading experience.
3. Absolutely no charges for opening or maintaining your account
4. Advanced charts, powerful option chain, multiple indicators, fast trading experience
5. App is Rated 4.7 stars on the Android Playstore

Cons:

1. NA
   

Charges: For equity intraday, equity delivery trades, the fees charged is ₹20 or 0.1%, whichever is lower, per executed order (minimum ₹5)

PayTm Money

Founded as a platform for direct mutual fund investments, which is registered with SEBI as a stockbroker and investment advisor. As a depository participant and member, the corporation is a member of NSE, BSE, and CDSL

Features:

1. Maintenance charge is zero

1. Per trade maximum charge is Rs.15
2. On direct mutual funds, zero commissions apply
3. Equity trading is free
4. Account opening process is fully digital
5. Offers the option of switching from external regular mutual fund to direct mutual fund

Pros:

1. Good customer support
2. Simple interface
3. To detremine the mistakes, the app offers free analysis tools  

Cons: NA

Charges:

A flat fee of Rs 15 or 0.05% (whichever is lesser) for each executed order as a fixed brokerage model for intraday tradingPer order, maximum brokerage payable is Rs.15 for all segment

Zerodha Kite

Has advanced trade analysis tools and comes with a very simple user interface, thereby making this all-in-one trading app a suitable option for both beginners and professional traders.

Features:

1.  All-in-one trading solution
2. Simple interface
3. Makes buying and selling of stocks faster
4. Local and international stocks listed are in large number

Pros:

1. Multiple language support
2. Support trading even in weak internet connection

Cons: No mutual fund investment option

Charges:

1. Across any investments, no brokerage fees are charged

1. Per executed order in intraday, Rs.20 is charged

Angle One App

One of the most suitable apps for beginners as it offers a simple and easy-to-use interface and ensures better trading by avoiding mistakes through many advanced trade analysis tools.

Features:

1. User interface is simple and easy
2. Selling and buying stocks is easier and quicker with this application 
3. Also provides the option of investing in mutual funds

Pros:

1. Provides the option of investing in IPO in India
2. Investment charges is low

Cons:

1.  No copy trading feature

1.  For e-wallets, no support is provided

Charges: Across commodities, forex, options and futures, Rs.20 is charged

Upstox Pro Trading app

One of the biggest trading applications in India, is also knowns for its huge local and international stock portfolio and its instant investing feature.

Features:

1. To get instant updates, n number of price alerts can be defined

1. TFC features

1.  Instant investing

Pros:

1. User interface is very simple

1.  For aftermarket orders, users can set their limits

Cons: Using this app, the users cannot invest in IPOs and FPOs

Charges: For equity delivery trades, intraday trading, currency, futures, etc., Rs.20 is charged.

5paisa App

One of the most popular trading applications in India that allows trading at all three big exchanges, i.e., BSE, NSE, and MCX.

Features:

1. Offers auto-investing features like SIP in stocks and ETFs 

1. Flat brokerage of ₹20 per executed order across segments 

1. Refer & Earn ₹300 per successful referral 

1. Free account opening and no AMC for the first year (T&C apply) 

Pros:

1. On mutual funds investment, no commissions will be provided

1.  Price and time alerts can be set by the trader

Cons: Commodity trading option is not available

Charges: Per order for all forms of trading segment, fees charged is Rs.20

ICICI Direct App

One of the biggest trading platforms in India, offers to more than 50 lakh customers online trading and investment services, where account on this platform for free.

Features:

1. Provides with features and benefits such as neo plan, prime plan, etc.
2. Just swipe to sell or buy stocks, to ensure speedy order placements

1. Offers analytical tools such as graphs, charting, live P&L statements

Pros:

1. With marginal trading option, comes with pay later

1. To buy or sell stocks, user need to just swipe

Cons:

1. Login process is slow

1. Reviews on iOS and Android, are not positive

Charges: Per executed order for equity delivery, options, etc., fees charged is Rs.20

Edelweiss App

Offer real-time streaming of stock prices and comes with simple single-touch login feature. To analyse the market properly, provides many advanced trading tools.

Features:

1. Login is allowed using fingerprint

1. Offers many advanced market analysing tools

Pros:

1. Transfer of fund is simple

1.  Interface is user-friendly

1.  To open the account no charges required

Cons: Charges high fees for call and trade

Charges: For all executed orders as brokerage at just Rs.10

FYERS App

Enables users to trade stock without physical barriers and comes with advanced-level trade analysis tools.

Features:

1. Reliable and fast streaming quotes

1. Provides real-time data

 Pros:

1. For equity delivery trades, no brokerage charged

1. Offers advanced-level trading options  

Cons:

1. Deposit charges is high

1. Reviews over iOS are not positive

Charges: Across all segments, such as equity, intraday, etc., fees charged are Rs.20 per order

AliceBlue App

It offers various trading options, such as commodities, equity, futures, etc., and is one of the lowest brokerage charges in the share market industry.

 Features:

1. Offers wide range of trading options

1. Intraday trading charges is very low

1. Comes with several trade analysis tools

Pros:

1. Simple and easy

1. Intraday trading for just Rs.15

Cons: Not quite a popular application in the share market industry

Charges: For all the executed order, charges Rs.15 per order

Parameters To Consider While Choosing the Best Trading App in India

The following are the significant parameters to consider before choosing the best trading application in India:

1. Opt for reliable and safe trading apps to trade stocks with confidence and peace of mind.

1. To maximize your benefits and enhance your trading experience, choose trading applications with exceptional and unique features.

1. To avoid the hassle of complex manuals, making buying and selling stocks quick and efficient, select a trading app with a simple and user-friendly interface.

1. Opt for applications with the lowest fees to save money in the long run after comparing the trading charges.
2.  Every second counts in trading and delays can lead to potential losses, hence, make sure that the trading application has superfast trading speed.

Methodology for Identifying the Top Trading App in India

Forbes Advisor India conducted an analysis of 30 trading apps within the Indian financial market, and we identified the best-performing apps based on the following criteria:

1. Execution Speed: Whether engaging in intraday trading or other trading activities, the speed of execution is paramount. We assessed the reliability and swiftness of these trading apps to rank them.

1. User-friendliness of the Mobile App: Our selection includes only those trading apps that enable users to execute even the most complex trades through an intuitive and user-friendly interface. These apps are designed for ultra-smooth operation, facilitating the execution of trading strategies most quickly and straightforwardly.

1. Advanced Features and Customization Options: An effective trading app should provide comprehensive support for advanced trading features and be open to user customisation, tailoring the trading experience to individual preferences.

1. Real-time and Live Market Feeds: The availability of real-time market data is crucial to the success of a trading app. This feature can significantly impact the outcome of your trades.

1. Range of Tradable Products: We considered the diversity of products offered by each trading app, including stocks, equities, mutual funds, insurance, IPOs, and more.

1. Trading App Fees: We factored in various fees and charges, such as account opening fees, account maintenance fees, and demat charges, when evaluating and selecting the best trading apps.

How Discount Brokerage Apps Operate

The following are the steps how the discount brokerage apps work:

1.  Online discount brokers facilitate the execution of buy and sell orders for investors and traders, charging a nominal commission in return.

1. They offer user-friendly trading interfaces that simplify the process of placing trades, making it accessible to a wide range of users.

1. Unlike full-service brokerage firms, they do not provide investment-related advice, focusing solely on trade execution.

1. Discount online brokers play a significant role in the fintech industry, offering various online services while minimising physical presence.

1. As of 31 March 2023, the total number of active clients across all stockbrokers on the exchange has reached 4,288,171, with online brokerage clients forming a substantial portion of this total.

1. In contrast to full-service brokers, discount brokerages can provide trading services at considerably lower fees because they do not offer personalised services.

1. These platforms are accessible to investors with varying backgrounds, from novices and homemakers to tech-savvy individuals and seasoned investors, all through online channels.

1. Their cost-effectiveness results from streamlined online operations, significantly reducing overhead expenses.

1. It's important to note that these brokerage firms do not maintain physical branches; their services are primarily delivered online. However, responding to their growing popularity, many online discount brokers now offer personalised consultations as additional subscription-based services.

How to Trade Effectively Using Mobile Trading App

If you aspire to engage in intelligent trading through mobile apps, it's essential to consider the following guidelines for a hassle-free and seamless trading experience:

1. Choose the App Suited to Your Needs: Select a trading app that aligns with your specific trading requirements and preferences.

1. Conduct Thorough Research: Perform comprehensive research on available mobile trading apps, paying attention to their pricing structures, hidden fees, and features. Make comparisons to identify and choose the best-suited option.

1. Assess App Functionality: Evaluate the app's functionality, including its trading tools, real-time information and updates, intelligent alerts, and customisable features. Ensure that the app offers essential features like multiple watchlists, stop-loss orders, trailing stops, and more.

1. Review App Feedback: Before downloading any app, check user ratings and reviews to gain insights into the experiences of other traders.

1. Prioritise Security Features: Opt for an app that prioritises security with features such as multi-factor authentication, end-to-end encryption, and other security measures to safeguard your investments.

1. Verify Device Compatibility: Confirm that the selected trading app is compatible with your smartphone or laptop. The app should seamlessly integrate with your device to ensure smooth operation.

What are the Key Characteristics of Discount Brokerage Apps

The following are the key features of discount brokerage application:

1. Cross-platform Accessibility: Trading apps are designed for quick access across various media platforms. They are compatible with both iOS and Android, enabling users to connect to their apps from anywhere and on any device, ensuring a seamless trading experience.

1.  Real-time Data Access: Access to real-time data is a pivotal feature of trading apps, making them indispensable for traders and investors. Whether from the comfort of their homes or while working in the office, users can easily trade and invest across various platforms with access to live news, price updates, and other real-time information. For example, real-time data instantly displays price fluctuations of specific stocks, facilitating efficient trading decisions.

1. Alerts and Notifications: Smart alerts are highly valuable features that traders greatly appreciate. These alerts and notifications are crucial in helping traders execute transactions promptly without delays. While some apps may charge for instant alerts and notifications, others may offer them free.

1.  High-volume Trading: Trading apps empower users to execute high-volume trades swiftly, enabling them to capitalise on investment opportunities and generate quick returns seamlessly.

1. Online Chat or Live Bot Support: Ensuring customer satisfaction is paramount for the sustained success of any online trading app. Features such as live chat support, toll-free chat options, and 24/7 customer service make investors feel comfortable and allow them to resolve their queries promptly.

What are the Advantages of Utilising Trading Apps

The following are the advantages of utilising trading applications:

1. Swift Order Execution: Orders can be placed quickly and efficiently through trading apps.

1. Paperless Account Opening: The account opening process is streamlined, eliminating the need for physical paperwork.

1. Real-time Market Data: Trading apps provide access to real-time and live market data, ensuring users stay informed about market developments.

1. Cost-effective: Trading apps typically have lower fees and charges compared to traditional brokerage services.

1. Instant Notifications and Price Alerts: Users receive instant notifications and price alerts, enabling timely decision-making.

1. Historical Charts and Research Reports: Trading apps offer access to historical charts and detailed research reports, aiding in informed trading decisions.

1. Transparent Fee Structures: Brokerage slabs are presented in an easy-to-understand and straightforward manner.

1. Diverse Mutual Fund Options: Users can explore a wide range of mutual funds and benefit from a quick IPO application process.

1. Expert Insights: Trading apps often provide expert insights and up-to-date research reports from brokerage firms, assisting users in making informed investment choices.

Differences Between Online Trading and Offline Trading

The following are the difference between online trading and offline trading:

Step-by-step Guide to Download Trading App

The following are the guide to download trading applications:

Step 1: Choose your preferred broker and download their XYZ trading app using your Aadhar-linked mobile number.

Step 2: During the sign-up process, create your user ID and password. Ensure you have your PAN number, Aadhar card, and bank account number on hand, as you will need to submit these documents online.

Step 3: After providing all the necessary information, you will receive a One-time Password (OTP) on your registered mobile number. Enter this OTP to verify your identity.

Step 4: If the trading application requires account opening charges, you may be prompted to make this payment at this stage. If it's a free service, you can proceed directly to log in.

Step 5: Once logged in, you can customise your watchlist and begin trading.

Documents Needed to Open Trading Account App

The following is the list of documents required to open the trading account app:

Proof of Identity (Photo ID):

1. PAN card

1. Voter's ID

1. Passport

1. Driving license

1. Aadhaar card

Proof of Address (Address Proof):

1. Landline bill

1. Electricity bill

1. Bank statement

1. Ration card

1. Passport

1. Voter's ID

Income Proof (Optional):

1. Last six months' bank statement

1. Three months' salary slips

1.  Income tax return (ITR)

Bank Proof:

1. Cancelled cheque

1. Bank passbook

1. Bank account statement

Additional Documents:

1. Registered lease or sale agreement
2. Driving license
3. One passport-size photograph
4. Your signature on a piece of paper