In today’s post-pandemic era, stock trading has been led mainly by smartphones by today’s young generation of traders and investors. According to a study, over 60% of stock trading takes place through smartphone apps. The main reasons are ease of access, faster trade execution, anytime anywhere trading, and lots more There are hundreds of trading apps in the app market to choose from. Whether you are a new investor looking to try sock investment or an expert trader or investor looking to book big profits, choosing the best share market application is crucial. This helps you understand the market deeper and make sound investment decisions for better growth on investment.
From industry professionals to small businessmen, entrepreneurs, housewives, and even people who have just started earning, stock trading apps offer a plethora of investment opportunities other than stocks like mutual funds, IPOs, fixed deposits, insurance, and others. If you want to ensure the best results from your investment in stocks, it is necessary that you choose the best trading app in India for beginners in 2023.
Below are some of the top-rated stock trading apps in India.
- Zerodha Kite
Kite by Zerodha has been around in the market since the year 2010. Just like how Zerodha changes the dynamics of stock trading by introducing discount brokerage services, Zerodha Kite has brought unprecedented levels of ease and value to mobile-based stock trading for traders and investors. The share market application is primarily known for its clean & intuitive UI which is also swift to work on.
Some of the major features of the Zerodha Kite mobile app are:
- Login through fingerprints and Face ID
- Dark mode feature
- Faster order updates & push notifications
- Performs well even in low-bandwidth internet connection
- Fund transfer facility
- Angel One by Angel Broking
Angel One is another popular mobile app for stock trading and investments. The app allows users to get real-time market data, invest in mutual funds, commodities, IPOs, US stocks, and others, stock recommendations, advanced charts, and others.
Its major features are:
- Digital payment facility with 40+ banks
- Stock advisory
- Intraday charts with indicators
- Multiple watchlists with categories
- Option chain feature
- Free reporting & learning tools
- Upstox Pro
The next on the list is Upstox Pro which promises to deliver an easy and seamless stock trading experience to users. Since this trading app is built on HTML5 technology, it is impressively fast and easy to use. It also allows trading across various segments like stocks, futures & options, and currencies, etc.
Some of its salient features are:
- Next-gen charting tools with 100+ indicators
- One-stop platform for trading in stocks, currencies, futures & options
- Option to trade right from the charts
- Create multiple watchlists
- Get real-time market information
- Define unlimited price alerts and receive quick updates
- Groww Trading App
Groww trading app offers a seamless trading experience to users. Mainly, with the app, you can invest in stocks and mutual funds, IPOs, and equity under flat-fee brokerage schemes. With a 1 Cr+ userbase on Google Play Store, Groww is counted among the best stock trading apps in India in 2023. The app was initially launched as a mutual fund investment platform and since then it has maintained its supremacy in the segment.
- One of the simplest apps presently in the category
- Single-click stock trading with buying and selling feature
- Advanced charts, historical stock performance, and real-time market data
- High levels of security standards
- Direct mutual fund investments
- 5 Paisa Mobile App
5Paisa mobile app is one of the most widely chosen trading apps in India and offers a host of features to users. It allows traders and investors to invest in various financial instruments like bonds, mutual funds, ETFs, IPOs, stocks, and currencies, etc. The 5Paisa mobile application has several smart features that let investors and traders conduct efficient and successful trading in stocks, mutual funds, and other financial products. 5paisa mobile trading app is accessible on both iOS and Android mobile devices.
- Trading across all segments under one window
- Robo advisory which enables an automated trading advisory system
- Track profit & loss across segments
- Option to pick different time settings from one minute to a month
- Avail document-less loan in no time
The Conclusion
The role of a mobile trading app is quite important in making stock trading easier, faster, and more effective. This is why it is suggested to choose the best trading app in India in 2023 to get the best outcomes. With so many powerful trading apps out in the market, it is better to compare all the available options and choose the one that meets your needs the best.
Source - https://medium.com/@deepakcomparebroker/best-trading-app-in-india-in-2023-55c01c8e69a9
Relatives - https://comparebrokeronline.com/