Top 10 Best Stock Trading Apps For Beginners In India 2023

0

An Indian stock market is a great place for beginners to get started in trading. However, with so many different stock trading apps available it can be difficult to know which one is the best for you. To help you out, we’ve compiled a list of the top 10 best stock trading apps for beginners in India

Top 10 Best Stock Trading Apps For Beginners In India 2023

These apps are user-friendly and offer a variety of features, such as real-time data, charts, and analysis.

1. Zerodha Kite App

2. ICICI direct

3. 5paisa

4. Angel One

5. Upstox

6. Groww App

7. Sharekhan

8. HDFC Securities

9. IIFL Markets

10. Kotak Stock Trader App

These are the best stock trading apps in India on this list that are perfect for you. No matter what your budget because I suggested the best trading apps where you can start with Price of Burger. So now let me tell you more about Zerodha kite first because it is at the top list of trading apps. From this, you can know why it is the number 1 trading app for beginners. Let's begin.

Zerodha App

Zerodha App

Zerodha is the 1st discount broker in India. With Zerodha's trading app, you can execute trades quickly and easily. Plus, you can also make long-term investments to generate wealth. You can easily open a Demat account online using your mobile phone with only just 4 documents (Pan Card, Aadhaar Card, Signature, and Bank Account details/you can use a cancel cheque). Once you have these documents ready, it will hardly only take 15 minutes to complete your account process. If you want to trade in equity, pay only 200 but if you want to include commodities, then you will need to pay 100 more. You can choose to pay by UPI, card, or Net Banking. Congratulations you have completed your account process.

Even if you face any issues while registering then don’t worry just call the Zerodha team, and they will get in touch with you. And help you complete this process. Within 24-48 hours after you have completed your account opening process you will get mail from Zerodha. Which will have your kite user id and password link.

Kite by Zerodha

Kite by Zerodha

Zerodha Kite is one of the most advanced all in one trading mobile app in India. The trading charge is 20 rupees per trade. One of the best features of the Zerodha kite app is the watch list feature. Here you can keep track of your company/shares. The beauty of having 5 watch lists is that you can maintain different watch lists. You can also rename them (watch list 1, watch list 2 to my first share, top company, etc. You can add up to 50 per watch list to track, modify and delete. This is not the end of the features of the Zerodha kite.

You will get a clean and intuitive user interface with all trading tools like advanced charts and Chart IQ that offer real-time information on the trend and price movements. Kite mobile trading app is a miniature version of Zerodha’s Kite trading platform which is the best trading platform for all beginner users. Zerodha provides access to console reports to help you know the expert views while trading and strategize accordingly.

Now let me tell you about more features of Zerodha Kite While you are buying or selling.

While Buying or Selling

Quantity: How much quantity do you want to buy?.

Price: The price that gets loaded here automatically as the last traded price at that moment.

Product: there are two options CNC and MIS

  • CNC (Cash And Carry): that is for Long Term Investment.

  • MIS (Margin Intraday Square): that is for Intraday Trading.

Order: There are four options. Market, Limit, SL, and SLM.

  • Market: If you choose the market if you are ready to buy the share at whatever market price is available right now.

  • Limit: You can place a limit order when you are particular about the price you want to buy the stock.

  • SL (Stop Loss): it's to help you and protect you especially when you are doing intraday trading when you hold a particular stock you might fear when the price starts moving against you. So order your place to limit and trigger.

  • SLM (stop loss market): it is the same as an SL only difference is that instead of setting a limit, you will buy or sell at a market price your chances of execution are higher if you place an SLM order instead of an SL order.

Variant: There are also 4 options. RGLR, Validity day, IOC and Bracket Order,

  • RGLR (Regular Order): It comes with two options.

  • Validity day: That Means the order is valid till the end of the day and

  • IOC (Immediate or Cancel): This means that if the order is not immediately completed as soon as you can place it, it will be cancelled

  • Bracket Order: It comes with two options. Target Order and Stop-Loss Order.

  • Target Order: Target order is the maximum you want to earn money.

  • Stop-Loss Order: Maximum amount you are willing to lose money. Trailing Stop-Loss

CO (Cover Order): Zerodha as a platform gives you leverage because it would want you to reduce your risk co is the compulsory stop-loss order. It can be modified within the range of 1.5%.

AMO (After Market Order): AMO can be typically placed between 3:45 pm to 8:59 pm. With this feature, you will get Disc. Qty. Disclosed Quantity allows you to disclose the actual quantity for buy or sell.

Now it is time to explain GTT

GTT (Good Till Triggered Orders): This option is used for delivery.

Important points:

  • Trigger Validity: Trigger valid for one year and is valid for once (needs to be placed again.

  • GTT Buy Order: when your limit price is met then your order will be placed and executed when you have enough funds in your Demat account.

  • GTT Sell Order: when your limit price is met then your order will be executed if you have those stocks in your Demat account.

So I think I covered most of the features. I know there are a lot of options.

ICICI Direct

ICICI Direct

You can open a free account on the ICICI Direct market app. ICICI direct Markets app allows users to get market feeds and live to stream with videos. This app also has a watchlist option. You can buy or sell F&O (Future and Option) and Derivative Contracts and users can buy mutual funds. ICICI Direct charges 7 rupees per trade and gives a flat Rs. 7/Order. Here are some more top features of the ICICI Direct Market app.

  • No minimum deposit requirement

  • Zero brokerage every Wednesday and Thursday

  • Flat Rs 7/order with Flash trade

  • Trade easily based on your market

  • Flash trading: place an order in just a one click

  • Instant Payout within 5 mins on selling shares

  • Live information of prices 

  • Available charts for console and tracking

  • Set alerts for instant updates.

5paisa App

5paisa App

The 5paisa app is the second one of the Best Free Trading Apps for beginners and traders in India. In 2018 5paisa app was awarded the Best Mobile Trading app. 5paisa charges 20 rupees per Order. This app gives you live information on the NSE(National Stock Exchange), BSE(Bombay Stock Exchange), and MCX(Multi Commodity Exchange of India Limited). You can open a Demat account in 5 minutes with these (Aadhaar Card, Pan Card, Signature, and any bank statement) 5 documents.

Here are some more top features of the 5paisa Trading app.

  • Easily open a Demat account Free

  • Can create a watchlist and modified

  • Live Information on stock prices and quotes from NSE, BSE, and MCX

  • Can set alert for instant updates on shares price

  • Trade in Equities, Derivatives, Commodities, and Currency Segments

  • Easily transfers with Net Banking, Card, and UPI

  • Fast Order placement and offer 20 rupees per order

  • Smart Chart for data analysis and tracking.

Angel One

Angel One

In the broking sector, Angel One is one of the best trading apps in India. It has a very Amazing interface and is smoother and loaded with many features for all beginners. Angel One charges 20 rupees per trade. You can buy and sell stocks very smoothly and easily with the Angel One Trading app.

Here are some more top features of the Angel One trading app.

  • No brokerage charges

  • Easily tacking by the charts and can get easily market info

  • Real-Time Information and 40 Chart indicators available

  • Option to invest in current/upcoming IPO (Initial Public Offer) in India

  • Can easily invest in mutual funds

  • Can easily and quickly transfer fund through more than 40 banks

  • Free equity deliver for every user.

Upstox

Upstox

Upstox is also a very popular trading app for beginners, previously known by the name of RKSV Securities, Upstox has one more version, Upstox Pro that gives you a universal search tool where you can easily find complex stocks trading. Upstox also charges 20 rupees per Trade. This is one of the best stock brokers in India. 

Here are some more top features of the Upstox app.

  • Unlimited Watchlist and can modify them

  • Real-Time price information also can apply to one hundred-plus indicator

  • Charts for the console also can be a direct order from the chart

  • Instant updated and alert mode option

  • Excellent interface

  • Limit Order: you can limit orders while you buying or selling

  • Can intraday and F&O (Future and Option) trades

  • Can invest in mutual funds and Free brokerage for mutual funds

  • Price alerts on those stocks you want know

Groww App

Groww App

No doubt Groww Trading App is the best trading app for beginners in India. Groww App gives a demo of features that are given in the app. You can quickly view your investment and access other various tools. Many people are earning money online through the Groww app. Grow charges 0.05% per order brokerage for trading, one of the best features you may like is Smart Save (Smart save keeps saving your funds in the liquid form giving you saving accounts) which is awesome.

Here are some of the best features of the Groww app.

  • No Account Opening charges and no AMC (Annual Maintenance Contract)

  • Customizable watchlist and beautiful charts for analysis

  • Order placement in a single click 

  • Easily can cancel the current sip

  • Groww allows you transferred funds with UPI System

  • Regular features and also a trading option in mutual funds

  • Easily switch from regular to mutual funds

  • MFS Investment Management Comparison feature

  • You can withdraw 90% of your invested shares per day maximum of about is 50,00

Sharekhan

Sharekhan

entrepreneur Shripal Morakhia is the founder of the Sharekhan mobile trading app in 2000 and the CEO is Jaideep Arora. Users can now open a trading account on Sharekhan for free. Sharekhan app offers all trading features that give you many watchlists ( you can modify them), charts, and measurement tools. Sharekhan mobile trading app charges 0.50% per share and 2.50% trading charges in the premium version.

Here are some of the best features of the Sharekhan app.

  • Easy fund transfer service

  • Simple pay & payout options for fund transfer

  • Best Suitable for active traders

  • Real-Time Information and Chart indicators

  • Can Invest in Mutual Funds

  • The size of the app is pretty small

  • Easily direct access from the script search

HDFC Securities

HDFC Securities

HDFC Securities has a strong customer care team that is always ready to help its customers. HDFC gives refer and earn programs and brokerage plans. HDFC charge. 2.5% of trade. Through the HDFC Demat account, you can convert your all physical holding units.   

Here are some of the best features of the HDFC Securities Trading App.

  • There are no account opening charges with no paperwork

  • They offer a user-friendly trading platform and efficient customer service.

  • easy to use and gives advanced portfolio tracking

  • Wide range of products and derivatives trading

  • Automated SIP and mutual fund investing

  • live information stocks, MCX(Multi Commodity Exchange of India Limited)

  • Easily can check the Demat account balance

  • Available in 11 multiple languages

  • Multiple market watchlist options to track

IIFL Markets

IIFL Markets

IIFL Market is one of the most popular trading platforms in India. That is a great way to trade stocks and other securities. It offers a variety of features and services that make it a convenient and easy-to-use platform. IIFL Markets charges 25 rupees per trade.

Here are some of the top features of the IIFL Markets Trading app.

  • Multiple watchlist option to easily track

  • real-time quotes, charts, news, and analysis

  • Customer care is always available to help you with any problems you may have.

  • Easily can track holdings shares, PnL, net position and margin

  • Can set alert Price IIFl Ideas and news

  • 4 Digit Mpin based Login which is Easy & secured

  • Free guest login for lifetime

  • Free access to trading tips and research reports

  • Provides a convenient user-friendly interface

Kotak Stock Trader App

Kotak Stock Trader is a secure and easy-to-use mobile trading app. Kotak Stock is a great tool for beginners who want to stay up-to-date on the latest stock market news. This is good for beginners because they provide a complete demo of the app. The first year after the account Kotak also offers a refer and earn program, where users can earn rewards for referring friends to the app opening they offer intraday trading for free.

Here are some of the best features of the Kotak Stock Trader App.

  • Real-Time price information

  • Tik-by-tik chart features in intraday trading

  • Access to research and analysis

  • set up price alerts, notifications, news, and place trades

  • allows users to buy and sell stocks directly from their mobile devices

  • easily transfer funds from a bank account to a mutual fund account

  • Trade in Equity, Derivatives, Currency, and Commodities markets


I think you get the best feature of every particular app. These apps are listed in the top 10 trading apps for beginners in India. The are so many benefits of Online trading allows you to buy or sell shares easily, you can track your shares, analysis and get alerts day by day, have a fast transaction, and fund transfer, safe and completely secure, If you trade in the right stocks in future maybe you are next rich person so grab this offer and make online money at home.


Post a Comment

0Comments
Post a Comment (0)