Stock trading applications are mini versions of full-fledged stock trading platforms which provide trading facilities and market access on phones.
Trading applications are platforms that provide you quick access to alerts, stream news, and allows you to trade. One of the best things about these trading apps is that you can easily finish off a few trades while your way to the office.
Trading through smartphones has gone mainstream, and the numbers are the proof. January 2020 recorded 18.51% of the total cash market trading was done from mobile apps.
So, let’s have a look at the best trading apps in India for beginners.
A single click order placement can be done through this trading app which is the best for beginners. Also, an individual will have to draw functionality and advanced charts with a wide range of studies for technical analysis.
This trading app allows you to access 5 Paisa advisory and research products such as small cases, sensibull, screeners, and smart investors. You can also take personal loans, claim insurance, buy digital gold, and invest directly in mutual funds.
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This is a mini version of Zerodha’s kite trading platform with access to biometric.
You can now trade easily using an intuitive and clean UI with a super lit backend in dark mode.
This also has embedded console reports for helping you know the experts’ views while trading, and then you can strategize accordingly.
You will also have access to chart IQ and advanced charts, which offer a real-time understanding of the price and trend movements. You can also have unlimited access to other Zerodha services such as Sentinel, Varsity, and Coin.
Delivery charges of Zerodha are free, and it charges a flat Rs. 20 brokerage for F&O and intraday trading.
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This trading app for beginners helps you trade-in currency F&O, equity derivatives, and shares. People can directly trade from charts using TFC, i.e., Trade From Charts facility.
This app also brings in advanced charts of multiple drawing styles, types, and intervals to apply a hundred plus technical indicators in real-time.
The UpStox Pro application has an intuitive, clutter-free, and clean look. Additionally, you can also set an unlimited no of price alerts, receive real-time market feeds, create a customized watch list, and access a pre-defined watch list.
The UpStox Pro trading app for beginners allows you to switch between day and night modes for better visibility and free download. This app has no delivery charges but charges Rs. 20 per transaction on F&O and intraday trades. You can use this app instantly, and the account opening is paperless.
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Edelweiss provides you access to research while you trade and has an easy-to-use one-touch login using your fingerprint.
The Edelweiss stock trading app for beginners offers tick-by-tick charts and real-time streaming stock prices to help analyze the market accordingly and keeps you updated.
This trading app also allows you to invest in mutual funds, and you can also identify your trading chances with the help of a Sensex tracker.
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Angel Broking app for beginners overlays for technical trading and analysis. It offers forty technical chart indicators, and it can help improve your portfolio’s performance with the help of the ARQ tool.
An individual can access the past ten transactions for DP reports, Funds, and Ledger from the trading application.
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HDFC Securities trading app for beginners has a secured biometric login using face recognition and fingerprint. An individual can sell and buy orders from the watch list. It offers instant access to trading investment ideas and offers intraday real-time charting.
Apart from trading in derivatives and equities, you can also invest in NCD and gold from this trading app for beginners. Moreover, this application has an embedded chat feature with support team functions for easy and quick resolution issues.
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The IIFL Markets trading app for beginners offers research and expert trading tips on more than five hundred stocks. It also allows you to create a different watch list, with each list having around fifty scripts.
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Choosing India’s best trading apps for beginners is directly proportional to the stockbroker you select for your investment and trading needs.
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