Top 10 Best Trading Apps in India for 2024

As India’s financial landscape becomes increasingly digital, mobile trading apps have gained immense popularity among new and seasoned investors alike. These apps provide a seamless way to invest in various financial markets, such as stocks, commodities, derivatives, and even mutual funds, making it easy to manage portfolios and track performance anytime, anywhere.

Choosing the right trading app depends on factors like user interface, brokerage fees, customer support, and research tools. Here’s a look at the top 10 trading apps in India for 2024, each offering unique features suited to different types of investors.

Comparative Table of Top 10 Trading Apps in India

App Name	Brokerage (Equity Delivery)	Brokerage (Intraday)	Key Features	Best For
Zerodha Kite	Free	₹20/order	Advanced charting, clean interface	All user levels
Upstox Pro	Free	₹20/order or 0.05%	Real-time data, 100+ indicators	Active traders
Groww	Free	₹20/order	Zero maintenance, educational resources	Beginners
Angel Broking	Free	₹20/order	API integration, smart research	Intermediate investors
ICICI Direct	Varies by plan	Varies	Multi-asset trading, robust research	ICICI account holders
5paisa	₹20/order	₹20/order	Low-cost, advisory services	Budget-conscious traders
HDFC Securities	Varies by segment	Varies	Research reports, secure platform	HDFC Bank users
Sharekhan	Varies by plan	Varies	Extensive analysis tools, reliability	Experienced traders
Motilal Oswal	Typically higher	Typically higher	High-quality research, multiple assets	Advanced investors
Paytm Money	Free	₹15/order	Beginner-friendly, free delivery	New investors, budget-conscious

1. Zerodha Kite

Overview: Zerodha Kite is widely regarded as one of India’s top trading apps, with a strong reputation for simplicity and robust performance. It’s part of Zerodha’s discount brokerage model and is free for equity delivery, making it popular among investors seeking low-cost solutions. 

Features: Advanced charting, live streaming quotes, over 100 indicators for analysis.

Brokerage: Free for equity delivery; ₹20 per order for intraday and F&O.

2. Upstox Pro

Overview: Upstox Pro is known for its powerful yet user-friendly interface. The app is backed by leading investors, making it a credible choice among traders and investors. Upstox Pro stands out for its range of order types and technical tools. 

Features: Advanced charts with 100+ indicators, customized watchlists, and low fees.

Brokerage: ₹20 per trade or 0.05%, whichever is lower for all segments.

3. Groww

Overview: Originally a platform for mutual fund investments, Groww has expanded into stock trading with a straightforward interface that’s ideal for beginners. Its intuitive design, combined with zero charges for equity delivery, makes Groww an attractive option. 

Features: Simple navigation, zero account maintenance fees, extensive tutorials.

Brokerage: Free for equity delivery; ₹20 per order for intraday trades.

Use Groww brokerage calculator to calculate the total charges on your investment.

4. Angel Broking

Overview: Angel Broking offers a full-featured app with a range of services, from stocks and mutual funds to commodities. Its smart API integration and extensive research reports are ideal for investors who like to make data-driven decisions. 

Features: Smart Money platform, extensive advisory reports, real-time data. 

Brokerage: Free for equity delivery; ₹20 per order for intraday.

5. ICICI Direct

Overview: Known for its trustworthiness and wide range of services, ICICI Direct integrates seamlessly with ICICI Bank accounts, allowing for easy fund transfers. The app offers research-based investment advice and a strong trading ecosystem. 

Features: Access to research reports, real-time data, and multi-asset trading. 

Brokerage: Varies based on plan; often higher than discount brokers but provides additional services.

6. 5paisa

Overview: 5paisa is a budget-friendly trading app that offers one of the lowest brokerage fees, attracting investors on a tight budget. It also provides various research and advisory services to guide investments. 

Features: Comprehensive advisory services, portfolio analysis, and low-cost options.

Brokerage: ₹20 per order for all segments, regardless of trade size.

7. HDFC Securities

Overview: HDFC Securities, backed by HDFC Bank, offers a secure trading platform that caters to both novice and advanced investors. It is well-suited for HDFC Bank account holders who benefit from easy integration and fund transfers. 

Features: Easy dashboard navigation, in-depth research and market insights, and multiple investment options. 

Brokerage: Varies across trading segments, but is typically higher than discount brokers.

8. Sharekhan

Overview: Sharekhan is a veteran in the Indian stock trading space and offers a well-rounded app with advanced tools and in-depth research for experienced traders. It provides a broad range of investment options beyond stocks, including mutual funds, commodities, and bonds. 

Features: Charting tools, research reports, market insights, and educational content.

Brokerage: Typically higher than newer discount brokers, but worth it for advanced features.

9. Motilal Oswal

Overview: Motilal Oswal’s trading app caters to those who want a premium trading experience with high-quality research and insights. It’s popular among seasoned investors for its strong research support and comprehensive data. 

Features: Real-time analysis, detailed research reports, asset variety. 

Brokerage: Higher than discount brokers but competitive within full-service brokers.

10. Paytm Money

Overview: Paytm Money has quickly gained traction as a trading app for beginners and budget-conscious investors. Known for its low-cost structure, it offers a seamless onboarding experience and access to multiple investment options. 

Features: Simplified interface, instant onboarding, free equity delivery. 

Brokerage: ₹15 per order for intraday trades; free for delivery.

Choosing the Right Trading App

Each of these apps caters to different types of investors. Here’s a quick guide on how to choose the best app for your needs:

1. Beginners: If you’re just starting, apps like Groww and Paytm Money provide simple, intuitive interfaces and low fees, making them ideal for first-time traders.
2. Low-Cost Trading: 5paisa and Zerodha Kite are excellent for those looking for low-cost trading options, as they charge minimal brokerage fees while offering quality trading tools.
3. Comprehensive Research: For investors who rely heavily on market research, Motilal Oswal and ICICI Direct provide detailed insights, reports, and real-time data.
4. Active Traders: If you trade frequently, Upstox Pro and Angel Broking offer a range of tools for real-time data, quick order execution, and multiple charting options.

Final Thoughts

The best trading app for you depends on your specific requirements, such as ease of use, costs, and access to research. Each app in this list brings unique strengths, so be sure to assess your investment goals before making a decision. Whether you’re an experienced trader or a novice, there’s an app on this list that can help you navigate the stock market confidently and efficiently.