This post was last edited by SAMV at 2021-5-14 08:58 |
Stock trading apps are miniature versions of a full-fledged stock trading platform that offers market access and trading facility on smartphones.
You can download trading apps for quick platform access, place a trade, stream news, and get alerts. The best part is that you can finish off a few trades while you are on your way to the office.
Trading through mobile apps has gone mainstream. In fact, in January 2020, 18.51% of the total cash market trading on NSE was carried on mobile. 5Paisa Stock Broker has 70% business from their mobile app and 30% from the desktop applications.
Today technology is becoming one of the main criteria to compare the stockbrokers because most of the top stockbrokers charge almost the same brokerages.
Best Trading App in India for Beginners 2021
#1. 5 Paisa Mobile Trading App
5 Paisa mobile trading app is the best trading app in India that offers a one-click order placement. For technical analysis, one has access to advanced charts with a wide range of studies & drawing functionality.
While trading, the app lets you access 5 Paisa research & advisory products like Smart investor, screeners, sensibull and small cases.
You can invest directly in mutual funds, buy digital gold, insurance and take personal loans from the app itself.
#2. Zerodha Kite Mobile Trading App
Kite mobile trading app is a miniature version of Zerodha’s Kite trading platform with biometric access.
New investors can trade conveniently using the clean and intuitive user interface with a super lit backend in dark mode.
The unique Kite trading has embedded console reports to help you know the expert views while trading and strategize accordingly.
One has access to advanced charts and Chart IQ that offers a real-time understanding of the trend and price movements. You can have a seamless login and access to other Zerodha apps & services like Coin, Varsity, and Sentinel.
Zerodha charges a flat Rs. 20 brokerage for intraday and F&O trading. Delivery trades are free.
#3. UpStox Pro Mobile Trading App
UpStox Pro helps you trade-in shares, equity derivatives and currency F&O. You can directly trade from charts using “Trade from charts” (TFC) facility.
Upstox trading app brings in advance charts of multiple intervals, types and drawing styles where you can apply 100+ technical indicators in real-time.
The app has a clean, clutter-free and intuitive look.
Additionally, you access predefined watchlist, create a customized watchlist, receive real-time market feeds and set an unlimited number of price alerts.
For better visibility the app lets you switch between day and night modes. The Upstox Pro mobile trading app is free to download.
UpStox charges Rs. 0 on delivery and Rs. 20 per transaction on intraday and F&O trades. The account opening is paperless and you can use the app instantly.
#4. Edelweiss (EMT App) Mobile Trading App
Edelweiss trading app has a convenient single touch login using fingerprint. You have access to research while you trade.
The app offers real-time streaming stock prices and tick by tick charts to keep you updated and help analyze the market instantaneously.
One can have a “preset customized watchlist” based on your selected filters and Sensex tracker to identify trading opportunities.
The app also lets you invest in mutual funds.
#5. HDFC Securities Mobile Trading App
HDFC trading app has a secured biometric login using fingerprint and face recognition. One can place buy and sell orders from the watchlist itself.
HDFC trading app offers intraday real-time charting and instant access to trending investment ideas.
Apart from trading in equities and derivatives, you can invest in gold and NCD from the app. Further, the app has an embedded chat with support team functions for quickly resolving issues.