As the stock market is advancing and booming, an investor aims for fast and efficient information sources. Mobile trading applications provide you the exact speed and efficiency while trading. This trading platform keeps you up-to-date with the latest news and price updates without much hassle. The mobile trading platform allows you to get instant updates wherever you are and whenever you want.
However, as the technology is advancing, the key for stockbrokers to attract more clients is by providing state-of-the-art mobile trading platforms, which have a user-friendly interface and have all the necessary features that an investor needs to carry out their trades.
The ten best mobile trading applications in this article will ease the process for selecting the mobile trading application that best suits you and your trading needs with all the main features mentioned along with their pros, cons, and unique selling point.
Apart from being the best discount broker in India, Zerodha provides a fast and efficient mobile trading platform with a unique interface placing it on the top of the list.
Zerodha Kite | Installs | Ratings | Size |
---|---|---|---|
5,000,000+ | 4.1
173,878 reviews | 26M | |
3.3
920 reviews | 71.9 MB |
Moreover, Zerodha charges zero brokerage on investments, which means if you buy and hold the position for more than a day, no brokerage is charged. Low fees combined with a highly interactive mobile trading interface make it a good option for traders.
Some of the common features are:
However, it is essential to discuss the pros and cons of Zerodha, which will help you in making the final decision.
The unique selling point of Zerodha Kite is the smooth and sophisticated interface allowing users to have a great trading experience.
5Paisa provides a great and famous mobile trading platform with more than 5 million installs in the app store and play store combined. 5paisa offers online stock trading at the cheapest rate of Rs.20 for all your orders across any trading segment, and this incentive attracts more traders.
5Paisa | Installs | Ratings | Size |
---|---|---|---|
5,000,000+ | 4.2
156,420 reviews | 26M | |
3.9
8.8K reviews | 185.7 MB |
Some of the common features of 5paisa mobile trading app are:
Some of the pros and cons are as follows:
The unique selling point for 5paisa is the 'Robo Investment Advisor,' which allows traders to build a customized portfolio suited to their needs and risk percentage.
Fyers was introduced in the market relatively late compared to other mobile trading platforms. However, in less time, they managed to capture a good amount of consumers through their interactive application along with attractive brokerage offers.
Fyers | Installs | Ratings | Size |
---|---|---|---|
100,000+ | 4.4
3,315 reviews | 17M | |
4.1
321 reviews | 89.4 MB |
Some of the common features of fyers mobile trading app are:
Some of the prominent pros and cons of the fyers app are:
The unique selling point of the Fyers app is the features they provide in their charts, such as stock screeners and heat maps.
Upstox provides one of the top-performing mobile trading applications with various features that allow a user to perform several analyses. With low brokerage and a clean and intuitive user interface, upstox pro provides an attractive service to their clients.
Upstox Pro | Installs | Ratings | Size |
---|---|---|---|
5,000,000+ | 4
1,74,295 reviews | 14M | |
2.9
5K reviews | 65 MB |
Some of the common features are:
Some of the pros and cons of Upstox are:
The unique selling point of Upstox is that they allow you to open a Demat account with your Aadhaar and PAN card through E-KYC Aadhaar technology.
Groww is a Demat and stock trading app that allows investors to open a free Demat account and trade BSE, NSE listed stocks in the stock market. Apart from this, groww is registered with AMFI and SEBI and all mutual fund companies such as SBI Mutual fund, Reliance Mutual fund, ICICI Prudential mutual fund.
Groww | Installs | Ratings | Size |
---|---|---|---|
10M+ | 4.4
232,825 reviews | Varies with device | |
4.5
6.5K reviews | 64.1 MB |
Some of the common features of grow mobile trading app are:
The pros and cons of groww are as follows:
The unique selling point of groww mobile trading app is that they allow an investor to learn to invest in mutual funds with as low as Rs.500
Sharekhan provides a highly interactive application that offers various features giving an investor a wide variety of trading options. However, the brokerage is 0.10% for delivery, which is relatively high compared to its competitors but sharekhan covers this drawback by providing state-of-the-art features in their app.
Sharekhan | Installs | Ratings | Size |
---|---|---|---|
1M+ | 3.5
48,137 reviews | 23M | |
2.8
2.2K reviews | 62.7 MB |
Some of the common features are:
The pros and cons are as follows:
The unique selling point of this application is that they provide education and training for new investors through their courses within the app.
Angel Broking, being in the stock industry for more than 30 years, Angel broking is one of the oldest competitors of stockbrokers. They have constantly upgraded to new features and services such as insurance and mutual funds throughout the years.
Angel broking | Installs | Ratings | Size |
---|---|---|---|
5,000,000+ | 3.8
156,201 reviews | 42M | |
3.7
10.2K reviews | 144.7 MB |
Some of the features of the Angel broking mobile trading app are:
The pros and cons of this app are as follows:
The unique selling point of the Angel broking app is the 'One Tap Access.' This allows you to access portfolios and reports using a one-time password, and you will get access to all non-trading information in the app.
ICICI direct is powered by ICICI securities limited, and they provide features that make the process of trading easier for investors. This application allows you to view the latest quotes, track your portfolio movement along with the market movement.
ICICI Direct | Installs | Ratings | Size |
---|---|---|---|
1,000,000+ | 2.7
24,334 reviews | Varies with device | |
1.9
776 reviews | 16 MB |
Some of the prominent features include:
The pros and cons of ICICI Direct are:
This application's unique selling point is that it is a 3-in-1 trading platform that links your banking, trading, and Demat account.
India Infoline is in the brokerage industry since 1995 and provides a full range of services, unlike discount brokers. As they are full-service brokers, they offer much in-depth research and recommendations along with personalized service to each of their clients.
IIFL | Installs | Ratings | Size |
---|---|---|---|
5,000,000+ | 3.7
47,522 reviews | 21M | |
3.4
1.2K reviews | 195.9 MB |
Some of the common features of their trading application are:
The pros and cons of this application are:
The unique selling point of this application is the 'Intelligent Dual Stock Watch.' This allows you to handle multiple security segments and keep a parallel watch.
They are also one of the oldest players in the brokerage industry and were established in 1987. This expertise helps them to gain customer's credibility, and they maintain this credibility with a wide range of services such as equity, mutual funds, life insurance, IPO's, bonds, currency, and portfolio management services.
Motilal Oswal | Installs | Ratings | Size |
---|---|---|---|
1,000,000+ | 3.7
39,570 reviews | 12M | |
3.8
408 reviews | 65.4 MB |
Apart from these services, their mobile trading application also provides attractive features such as:
Some of the pros and cons of Motilal Oswal trading application are:
The unique selling point of this trading application is that it provides an 'Intelligent Advisory portfolio,' which is a pre-packaged equity portfolio.