5 Best Trading Apps in India: Features, Pros, and Cons 

With Nifty reaching its all-time high, trading has gained popularity as one of the greatest income streams over the past few years. With the rising demand for stock market investments, the number of trading apps in India has also increased. As a beginner, choosing the right trading app is the key to navigating the ups and downs of the stock market. 

While the best app for trading depends on one’s preferences, comparing the top trading apps in India is crucial for making the decision.

So, if you are wondering which is the best app for trading in India, read on to find out more about the top trading apps available. 

Best trading app for beginners: An overview

Trading app	PlayStore Rating	App Store Rating	Charges
Dhanush	4.1	4.6	0 account opening charges, Delivery = 0.05%, Intraday = 0.002%, Futures = 0.002%
Zerodha Kite	3.7	3.8	0 brokerage; ₹20 for intraday (per executed order)
Angel One	4.4	4.4	₹20 on commodities, FX, and F&O
Upstox Pro	4.5	4.2	₹20 for equity delivery trades, intraday, etc.
Groww	4.4	4.2	₹20, or 0.05%, for equity trading and equity delivery

Top 5 apps for stock trading in India

1. Dhanush

Dhanush is one of the best trading apps in India for beginners, with its feature-rich platform and a multitude of benefits. Backed by Ashika Stock Broking Ltd., Dhanush offers a cutting-edge platform for investors and traders to track, trade, and manage their holdings and trades anytime and anywhere. 

With more than 30 years of experience with the Ashika Group in the market, Dhanush caters to lakhs of customers across India. Their platform comes in three different formats: app, web, and desktop, to cater to every investor’s needs. 

Features

• Access 900+ stocks with Margin Trading Facility 
• Regular, free, in-depth research reports 
• Company fundamentals and technical analysis tools with TradingView charts
• Effective heatmap tool for stock performance analysis
• Algo trading facility
• SGB investing and F&O trading
• Apply for IPOs

Benefits

• Daily, weekly, and monthly research reports with stock recommendations
• 0 account opening charges with competitive brokerage fees
• Dedicated customer care with 24×7 back office support
• Available on iOS and Android
• Back office reports on WhatsApp
• 1 year of free AMC (Annual Maintenance Contract)

Drawbacks

• A new player in the online trading app space in India
• Yet to be a 360-degree financial solution; solely focused on offering trading and investing services.

2. Zerodha Kite

With more than 1 crore active clients, Zerodha Kite is used by both beginners and experienced traders and investors. The app provides a range of products, including access to 9000 stocks, F&O trading, and investing in commodities, currencies, or stocks. The app is also simple to use; however, beginners might find it slightly difficult to understand the complexity of stock investments. 

Zerodha Kite, Zerodha’s flagship app, offers advanced charts and features like the GTT option, faster order execution, and much more. 

Features

• Real-time market data with advanced charts
• High leverage in intraday trading
• Detailed trade analytics
• IPO application facility 

Benefits

• Beginner-friendly interface
• 0 zero brokerage fees on mutual funds and equity trading

Drawbacks

• ₹200 charges are applicable to account opening and ₹300 for annual maintenance.
• No free stock recommendations or reports 
• Order details need to be accessed through another app, which is not integrated with the main app.

3. Angel One 

Angel Speed Pro by Angel One is another top trading app in India that offers trading facilities in a single window. The platform is renowned for its faster execution, monitoring tools, and real-time updates. 

The app comes with advanced features to serve experienced traders and investors, as well as individuals who have just started in the financial markets.

Features

• Range of products, including equities, currencies, derivatives, mutual funds, and more.
• Real-time news and rate streaming.
• Add updated data to MS Excel directly.

Benefits

• Intuitive app with highly customisable features
• Zero account opening and AMC
• Prompt customer service  

Drawbacks

• Issues related to software compatibility
• Relatively higher charges than other apps

4. Upstox Pro

With the support of Tiger Global, Upstox Pro is a popular trading app in India. Upstox Pro offers advanced tools, including TradingView charts and diverse products, ideal for both beginners and seasoned professionals in the stock market. 

Features

• Greater market access with equities, F&O, and currencies, to name a few. 
• IPO, gold, and mutual fund investment facilities
• Real-time stock price updates with charts
• TFC option to trade directly from the charts 

Benefits

• Reasonable brokerage fees
• Easy navigation throughout the app
• customisable watchlist with no limits
• 0 account opening charges and AMC  

Drawbacks

• The chart interface is not satisfactory 
• Lacks reports or recommendations

5. Groww 

The last app on our list of the top 5 apps for stock trading in India is Groww. Groww comes with a flat fee pricing model that is simple across multiple segments such as equity trading, F&O, and more. Groww also comes with free account opening charges and a user-friendly interface, ideal for beginners. 

Features

• Multiple investment options are available, including equities, mutual funds, US stocks, gold, and more.
• Dedicated 24/7 customer support
• Research reports backed by experts 
• Encryption for client safety

Benefits

• Competitive brokerage fees with zero account opening fees
• User-friendly app interface 
• Multiple tools, including a SIP calculator, portfolio tracker, and and real-time market updates.

Drawbacks

• Lacks products like currency, bonds, derivatives, and commodities.
• Absence of advanced features like charting tools, backtesting, and technical analysis. 

Conclusion

Out of the many trading apps today, we’ve come up with only the best apps for trading in India, according to our study. You can trade, invest, and track the watchlist with these apps, along with numerous other features and benefits. However, to choose the right trading app in India, you need to consider fees, regulatory compliance, research, and market access. 

Backed by Ashika Stock Broking Ltd., Dhanush is one of the top trading apps in India, offering a diverse range of products and insights to traders and investors. From data-driven research, competitively priced products, and the Ashika Group’s 30 years of expertise, Dhanush has a lot to offer for every investor’s needs.

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