Best Trading Apps In India 2023
The stock market offers a variety of investment and trading opportunities for everyone. From business owners to investors to entrepreneurs and more, all want to trade in the market to make maximum profit. However, staying up to date with the happenings of the stock market isn’t easy. That’s where trading apps come into play.
Mobile trading apps provide excellent push notifications, research reports, charts analysis, perfect, high-speed trading, technical and fundamental equity reports, etc. Let’s help you decide on the best investment app in India.
They support trades in stocks, mutual funds, currencies, and many more.
1) ICICI Direct
Reason chosen: It has a variety of charts and other technical indicators, and it also provides heat maps to visualize complex data quickly.
ICICI direct is one of the best trading apps in India that provides multiple features such as charting & reporting, grid view, top gainers & losers, etc. They have made investing in existing and new fund offers (NFO) completely hassle-free. They are impaneled with 37 AMCs.
Their research-backed products and recommendations enable you to make an informed investment decision. It gives you the freedom to trade all kinds of investment instruments. ICICI Bank customers may get additional benefits by using ICICI Direct.
Features:
- Wide range of customization options for the market watch.
- Variety of technical indicators and charts.
- Heat maps to visualize complex data easily
- Simple and practical technical analysis
- It also allows you to have multiple watchlists, but you can add up to 50 stocks to a watchlist.
- Instant paperless online account opening.
2) Edelweiss Broking
Reason chosen: It supports multiple technical charting and allows you to make a customized watchlist, manage IPOs, and more with 23+ data-rich reports.
Edelweiss Broking Ltd is a Mumbai-based company providing financial services, broking services, and investment advisories to more than 5 lakh clients. Their experienced employees, excellent tools, customizable reports, reliable services, and many more features make it the best trading app in India.
Edelweiss mobile trading app has a significant presence in retail mutual funds and stock market trading.
Features:
- It allows you to make a customized watchlist to track 100 stocks.
- Supports multiple technical charting, 80+ technical indicators, and drawing tools.
- Supports mutual fund investments directly as well as regular plans.
- Dedicated IPO section displays all upcoming IPOs.
- Access to 23+ reports, including transactions, P&L statements, etc.
- Research team provides research recommendations across equity, currency, derivatives, and many more.
3) Upstox
Reason Chosen: Upstox is a trusted trading solution that provides price alerts and extensive charts/analytics.
Upstox, earlier known as RKSV securities, is a leading discount broker in India. Based near Mumbai, Upstox is one of the most popular intraday trading apps. Prominent investors like Mr. Ratan Tata back them.
Upstox allows users to monitor their performance with price alerts and many other tools. Furthermore, Upstox provides quick and helpful news updates relevant to your investments.
Upstox provides multiple stock trading options with an easy-to-use interface. You can trade in stocks, mutual funds, digital gold, etc. It offers extensive charts to help you.
Features:
- Speediest buying and selling execution.
- Excellent accessibility and very easy to use.
- Live-data streaming features and news updates.
- Supports fast trading executions
- Minimal trading charges on transactions.
- An unlimited number of price alerts.
link:https://upstox.com/
4) Zerodha
Reason chosen: It’s an easy-to-use stock market app that provides excellent analytics in charts and executes trades quickly.
Zerodha was the first-ever discount broker in India. It went on to become the number 1 mobile trading platform in India. The app showcases only the most valuable and relevant information for you.
Their excellent features allow you to filter out and shortlist the stocks for potential investments. Analyzing performance and making better decisions are more accessible with data-rich charts and analytics.
Another reason why Zerodha is the best share market app in India is its tech-first approach and heavy discounts offered. More overall, the investments at Zerodha are mostly brokerage free. Customers love that they are charged 0 brokerage fees for assets held for longer than one day.
Features:
- Easy to use mobile trading apps
- Gives you access to level 3 data or 20 market depth.
- Fastest, most reliable, and best stock market apps in India.
- Supports multiple data-rich widgets
- Advanced filter options to shortlist favorite stocks
- Charts with over 100 indicators for analyzing performance.
link:https://zerodha.com/open-account?c=IGG913
5) IIFL Markets
Reason chosen: IIFL Markers app is packed with genius tools for technical analysis, price alerts, and excellent customer support via WhatsApp.
India Infoline (IIFL) is a very reputed full-service stockbroker in India who has been in the brokerage business since 1995. Anyone looking for something more like research and recommendations can consider IIFL.
IIFL Markets app is one of the best online trading platforms in India. It’s a beautiful stock market app that offers personalized service to each one of its clients. IIFL “Buzz” provides customers with the latest market updates and critical information about their investments.
But, the IIFL Markets app is worth it for newcomers. That’s because it’s the best trading app in India for fast and easy customer support. They have excellent customer support available on call, WhatsApp, email, and many more.
Features:
- Different support channels like call, intelligent Chatbot, WhatsApp, etc.
- Trade inequities, F&O, currencies, and commodities.
- Free research reports of 500 top listed companies in BSE/NSE.
- Options chain feature provides analytics and insights to make better decisions in futures and options trading
- It has price alerts and notification settings.
- Create up to three watchlists with 50 stocks each.