Did you know that stock trading apps were the diminutive of full-fledged stock trading platforms? Such trading platforms provide seamless trading facilities and market access on smartphones.
Are you a beginner? Want to know insightful information about the beginner’s trading apps? Mobile trading is much more popular among the beginner traders of India, who have started using the apps before getting into accurate trading.
However, scrutinizing the scenario and increasing demand for trading apps, various fund management organizations geared towards rolling in their own flagship apps. Therefore, it results in the spreading of numerous trading apps in the online market.
In today’s article, we will delve into the top trading apps for beginners in India and explore why these are the best! Also, we will let you know how to choose the best trading apps among the thousands one!
Let’s get started!
5 Best Stock Trading Apps for Beginners in India
| Name | Features |
| Upstox Pro App | Quick market watchSeamless live stock quotesScannersAdvanced chartsOnline opening of trading and Demat account Paperless process. |
| Zerodha KITE Trading App | Equity delivery, intraday, and derivatives tradingCurrency and commodity derivatives trading. |
| Edelweiss Mobile Trading App | Premium stocks at a glimpseInsightful chartingHassle-free trading, just log in and startQuick Fund Transfer. |
| Angel Broking Online Trading App | Track derivatives positionMore than 40 technical chart overlays and indicatorsHassle-free investment in bonds and mutual fundsAn online trading facility in tablet, iPad, and smartphones. |
| HDFC Securities Mobile Trading App | Android app is available in approx 11 languagesLive news updateTrading in derivatives and equityDemat account balance checking option available. |
1. Upstox Pro App
Upstox Pro app is the best trading app for beginners in India, which has enormous advantages in catering to any traders. It helps you direct trade from the charts harnessing the facility of “Trade from charts.” If you want to get an intuitive, clean, and mess-free interface, open the Upstox trading app right now! This free-to-download app charges Rs. 20 on intraday and F&O trades and Rs. 0 on delivery.
What We Like
- Several options to trade from charts.
- Possible to set limitless price alerts and personalized watchlist.
- Charts available of multiple types, intervals, and drawing styles.
- The universal search tool helps users find complex and simple stocks.
What We Dislike
- Linked bank account details can’t be verified.
- Unavailability of back-office app.
2. Zerodha KITE Trading App
Zerodha Kite is one of the most advanced mobile trading app for beginners in India. Do you want to trade in an intuitive and clean user interface? Zerodha provides you with all seamless trading tools like Chart IQ and advanced charts. In order to download the app, visit the play store and install it on your mobile device.
What We Like
- Setting unlimited price alerts for quick updates.
- Anyone can get previous 10 years of data.
- Capable of applying more than 100 technical indicators on real-time charts.
What We Dislike
- Trade margin details and total information are missing.
3. Edelweiss Mobile Trading App
Beginners can avail of this fantastic mobile trading app due to its highly convenient single-touch login via fingerprint. Users can also have an excellent “preset customized watchlist” in terms of their chosen filters. This watchlist feature helps you check the Sensex tracker to detect various trading scopes. Are you interested in mutual funds investment? This app also enables you to invest here.
What We Like
- Its brokerage plans underpin both traders and investors categories.
- Superior online and offline presence with over 4300 sub-brokers spread throughout the country.
- Deals in almost everything, such as ETFs, derivatives, mutual funds, and equity.
What We Dislike
- High brokerage charges.
- 3-1 Demat account is unavailable.
4. Angel Broking Online Trading App
Angel Broking has been working as the most incredible trading app for beginners with more than 30 years of presence. It provides myriad services to its users, starting from mutual funds, insurance, and brokerage to all financial equipment to the Indian investors. To help beginners and experienced traders, Angle broking provides 40 technical chart overlays and indicators for technical evaluation and trading.
What We Like
- Integrated Angel’s ARQ tool helps improve portfolio performance.
- Seamless interface.
- Live updates are available on top gainers and losers.
What We Dislike
- It can’t invest in bonds and IPOs.
5. HDFC Securities Mobile Trading App
HDFC trading app for beginners provides a protected biometric login utilizing face recognition and fingerprint. Also, traders can efficiently purchase and sell orders from the watchlist itself. Do you want to perform intraday real-time charting? HDFC securities offer such charting features and quick access to various investment suggestions.
What We Like
- Investment is possible in NCD and Gold from its app.
- Embedded chat and customer support.
- Biometric login.
What We Dislike
- Challenging to check details on the white interface.
What to Consider Before Choosing Best Tradding App?
1. Compatibility
Compatibility is the best-in-class consideration while opting for trading apps for beginners in India. iOS and Android are two preferred platforms for downloading any apps. Moreover, you also have a Windows platform while downloading desktop apps. Before picking any one of your choices, finding out the compatibility is mandatory.
2. User Experience
Efficient online trading apps must be easy to navigate and have an understandable interface with adequate buttons. This is how you can view indicators and charts and also can trade from a single location. To allude, the best online trading app should be clutter-free. Moreover, it must be competent to offer seamless placing trades and live streaming of quotes.
3. App Ratings and Reviews
It provides immense and insightful information about the apps’ ability and offerings. It would be best if you look at the reviews of existing users. Also, consider the authentic reviews only as most fake reviews contain a single line. Such reviews only praise the app.
4. Underpins Technical Studies and Indicators
Do you use any definite indicator for trading? It’s mandatory to double-check that app’s ability to support that specific indicator. For maximized chart accuracy, you should look at the trading app. Therefore, the stock trading online apps, which you pick, must support interactive charts containing trending and historical graphs.
Conclusion
In the stockbroking industry, mobile trading applications are the most impressive things to consider. Therefore, with the help of such aforementioned trading apps for beginners, investors don’t have to wait for the next newspaper update.
They can easily verify the status with any apps from anywhere. Choosing anyone from the top trading apps will be your sole decision. But, it is recommended to open a trading account with Zerodha for a seamless mobile trading experience. If you want something handy app, you must try Upstox Pro and Angel Broking.