10
If you plan on trading stocks full-time, choosing the best stock trading app that meets your trading needs is a key consideration.
This guide highlights the best stock trading apps available to traders in the financial market and the metrics to consider when selecting these applications.
| S.N | Top 10 Best Trading Applications With Lowest Tax |
| 1. | eToro |
| 2. | Webull |
| 3. | Stash |
| 4. | Charles Schwab |
| 5. | TD Ameritrade |
| 6. | Zerodha Kite |
| 7. | Angel Broking Mobile App |
| 8. | Upstox PRO Trading App |
| 9. | Groww App |
| 10. | Motilal Oswal MO Investor App |
The Best Stock Trading Apps for 2022
We have reviewed below some of the best stock investment apps you can use to buy shares.
- eToro - Overall Best Stock Apps
- Webull - Best Stock App for Beginners
- Stash - Best Stock Trading App for Automated Investing
- Charles Schwab - Best Stock Market App for Zero Minimums
- TD Ameritrade - Best Stock Market App for Multiple Account Types
- Zerodha Kite
- Angel Broking Mobile App
- Upstox PRO Trading App
- Groww App
- Motilal Oswal MO Investor App
Top 10 Stock Apps Reviewed
Our top 5 stock apps were chosen based on user-friendliness, fees, regulations, payment methods supported, and the overall trading experience.
.webp)
eToro employs state-of-the-art security measures to safeguard user funds and details. The platform is regulated by the UK’s FCA, ASIC, and CySEC.
Deposit and maintenance fees do not incur charges, but eToro charges $5 for withdrawals. eToro also offers a copy trading tool called CopyTrader, allowing new users to mirror the trading strategies and successful trades of more advanced investors.
⦁ eToro - Overall Best Stock Apps
.webp)
The eToro app ranks number in our list of the best stock trading apps this year.
You get access to 17 global markets and exposure to over 3,500 tradable assets, including stocks, commodities, exchange-traded funds (ETFs), contracts for differences (CFDs), bonds, indices, and options.
Coupled with this you get to enjoy zero commission ETF and stock trading, further boosting your investing prowess in the long run. eToro remains one of the best stock market apps for Android and iPhone users as over 23.2 million traders enjoy the platform’s unique offerings.
You get access to 17 global markets and exposure to over 3,500 tradable assets, including stocks, commodities, exchange-traded funds (ETFs), contracts for differences (CFDs), bonds, indices, and options.
Coupled with this you get to enjoy zero commission ETF and stock trading, further boosting your investing prowess in the long run. eToro remains one of the best stock market apps for Android and iPhone users as over 23.2 million traders enjoy the platform’s unique offerings.
eToro employs state-of-the-art security measures to safeguard user funds and details. The platform is regulated by the UK’s FCA, ASIC, and CySEC.
Deposit and maintenance fees do not incur charges, but eToro charges $5 for withdrawals. eToro also offers a copy trading tool called CopyTrader, allowing new users to mirror the trading strategies and successful trades of more advanced investors.
Payment supports on the platform include bank wire transfer, credit/debit card, PayPal, Skrill, Neteller, and several others. The minimum deposit varies according to a user’s region, but US and UK users can get started with as low as $10 as an initial deposit.
Pros
⦁ Heavily regulated
⦁ Zero deposit fees
⦁ CopyTrader functionality for profit maximization
Cons
⦁ Dollar-denominated accounts
>>> Buy Stocks on eToro <<<
68% of retail investor accounts lose money when trading CFDs with this provider.
Pros
⦁ Heavily regulated
⦁ Zero deposit fees
⦁ CopyTrader functionality for profit maximization
Cons
⦁ Dollar-denominated accounts
>>> Buy Stocks on eToro <<<
68% of retail investor accounts lose money when trading CFDs with this provider.
⦁ Webull - Best Stock Trading App for Beginners
Webull is one of the best stock trading apps because of its user-friendly interface. The US-based global financial trading provider offers a clean and easy-to-use interface that appeals to new and seasoned stock traders.
On offer are options, stocks, ETFs, and American Depository Receipts (ADRs). Webull has zero commission trading for all tradable assets and zero minimum deposits. The company Webull is regulated by the US Securities and Exchange Commission (SEC), FINRA, and is a top member of the Securities Investor Protection Corporation (SIPC) which covers funds loss up to $500,000.
As per payment methods, you can easily fund your account through a regular bank transfer, credit/debit card, and other e-wallet solutions.
Pros
⦁ Zero account minimums
⦁ Insurance coverage up to $500k
⦁ Ease-to-use
Cons
⦁ Unclear fee structure
>>> Buy Stocks on Webull <<<
Your capital is at risk.
On offer are options, stocks, ETFs, and American Depository Receipts (ADRs). Webull has zero commission trading for all tradable assets and zero minimum deposits. The company Webull is regulated by the US Securities and Exchange Commission (SEC), FINRA, and is a top member of the Securities Investor Protection Corporation (SIPC) which covers funds loss up to $500,000.
As per payment methods, you can easily fund your account through a regular bank transfer, credit/debit card, and other e-wallet solutions.
Pros
⦁ Zero account minimums
⦁ Insurance coverage up to $500k
⦁ Ease-to-use
Cons
⦁ Unclear fee structure
>>> Buy Stocks on Webull <<<
Your capital is at risk.
⦁ Stash - Best Stock Trading App for Automated Investing
⦁ TD Ameritrade - Best Stock Market App for Multiple Account Types
TD Ameritrade comes with a slew of top-notch services for new and advanced investors. The TD stock app has advanced features to help users manage their investments and place trades while on the move. Also, experienced traders can switch to the Thinkorswim mobile app for a more sophisticated trading experience. The Thinkorswim app comes with real-time price updates and a stock screener.
In terms of trading strategy choice, Stash is a top contender for the best stock trading app. Stash is geared towards making investing in the stock market easy for beginners. The firm presents users with a choice between a do-it-yourself (DIY) investing experience or an automated experience with the Robo-portfolio advisers.
Regarding fees, Stash charges a $3 management fee for automated investing and $1 - $9 per month. The investment expense ratio is 0.06% for smart portfolios and a 1% instant transfer fee. However, you can use the regular standard fee to enjoy zero fees.
Pros
⦁ Offers both DIY and automated investing
⦁ Large portfolio of tradable assets
⦁ Multiple account types
Cons
⦁ The fee structure is high
⦁ Charles Schwab - Best Stock Market App for Zero Minimums
Charles Schwab is another well-known zero-commission brokerage firm and a top stock app for users just starting stock investing. Charles Schwab offers access to 30 international markets, with 12 of those dedicated to top-traded foreign markets with real-time quotes.
Other perks include fractional share investing with as little as $5 in S&P 500 companies. In addition, Charles Schwab allows zero minimums and offers a high-quality investment app with the Schwab Global Account.
Pros
⦁ Access to 30 global markets
⦁ Minimum trades of only $5
⦁ High-quality investment app
Cons
⦁ Margin rates are high
⦁ TD Ameritrade - Best Stock Market App for Multiple Account Types
TD Ameritrade is regulated by the SEC, FINRA, and the Commodity Futures Trading Commission (CFTC).
Pros
⦁ User-specific mobile trading experience
⦁ Offers extensive research resources
⦁ Advanced trading tools
Cons
⦁ Fees are a bit on the high side
⦁ User-specific mobile trading experience
⦁ Offers extensive research resources
⦁ Advanced trading tools
Cons
⦁ Fees are a bit on the high side
The Best Stock Trading Apps Compared
>>> Buy Stocks on eToro <<<
68% of retail investor accounts lose money when trading CFDs with this provider.
How to Choose the Best Stock Trading App for You
Below are some factors you should consider when selecting the best stock apps.
⦁ Regulation
Regulation should feature prominently on your list when selecting the best stock trading app. You can easily find this information on the broker’s website. We recommend only using a stock trading app that is regulated by tier-1 global bodies as this makes the platform more accountable to investors.
⦁ Range of stocks
Stock range should also be chalked up in your list. The more range of stocks you can pick from, the more trading opportunities you can enjoy.
⦁ Fees
Fees are a major issue for many traders. Only use a stockbroker with reasonable fees with zero hidden charges. Now, almost all online brokers offer 0% commission trades. This should not be enough. Check out their deposit, maintenance, withdrawal, and inactivity fees to know how much you will be charged at a go.
⦁ Tools & Features
A feature-rich platform will go a long way in helping you make better investment decisions. Look out for research resources. eToro offers one of the best tools for trading called the CopyTrader. This tool allows inexperienced traders to turn a profit by mirroring the successful trades of their more advanced counterparts.
⦁ User experience
The ease of using the stock trading app should also be considered. You should look at user reviews for the selected broker to learn what others feel about it. A highly intuitive interface makes it easy to place trades at the right time.
⦁ Payment method
The best stock trading apps offer a rich array of top payment methods for deposit and withdrawal. Some of them should include credit/debit cards, ApplePay, Google Pay, PayPal, Skrill, Neteller, and a few others.
How to Use a Stock Trading App
The steps below will show you how to get started on one of the best stock apps this year.
⦁ Open an account with eToro
Navigate to the eToro website and click on ‘Join Now to open the registration page.
⦁ Verify account
eToro requires new users to complete the know-your-customer (KYC) process. To do this, submit a snapshot of your driver’s license or official passport. Also, submit a recent copy of your utility bill or bank statement for proof of address.
⦁ Deposit
Click on the action tab and tap on the ‘Deposit Funds’ button to open up the deposit page. Select a payment method and insert a minimum value of $10. Click on ‘Deposit to conclude the process.
⦁ Buy Stocks
>>> Buy Stocks on eToro <<<
68% of retail investor accounts lose money when trading CFDs with this provider.
Search for the stocks you want to buy by typing in the ticker symbol. Click on the relevant popup result and click on ‘Trade’ to open up the order page. Insert how much you want to buy and click on ‘Open Trade’ to conclude the transaction. Remember to set your stop-loss (SL) and take-profit (TP) positions.
68% of retail investor accounts lose money when trading CFDs with this provider.
Search for the stocks you want to buy by typing in the ticker symbol. Click on the relevant popup result and click on ‘Trade’ to open up the order page. Insert how much you want to buy and click on ‘Open Trade’ to conclude the transaction. Remember to set your stop-loss (SL) and take-profit (TP) positions.
⦁ Zerodha Kite
Android Rating: 4.3/5 stars
IOS Rating: 3.2/5 stars
App Downloads: 50 Lakh +
Zerodha Kite App: Best for all types of Traders
App Download link: Android | IOS
Zerodha Kite is the flagship mobile trading app by Zerodha, the country’s leading stockbroker. Available for both iOS and Android platforms, it is considered one of the best trading apps in India among others in regard to trade volume.
Top features of Zerodha Kite
Chart with over 100 indicators
Quick buy & sell
Refined, easy user interface
Easy funds overview
Universal instrument search
Real-time market analysis
Integrated console and trading widgets
Best Suitable for all types of trading
Pros:
The trading app performs well even with weak internet
Seamless integration with 3rd party apps
You can switch between 10 regional languages
Cons:
Separate back-office management
Mutual Funds & IPOs investment option not available
Best Tip to use Zerodha Kite App: By using the Single Search feature on Zerodha Kite, you can browse through thousands of equity scripts and other financial tools across various trading segments and indices.
Charges:
0 brokerage charges across all investments
Rs. 20 per executed order in intraday
Official Website: Zerodha Kite
⦁ Angel Broking Mobile App
Android Rating:4.1/5 stars
IOS Rating:3.6/5 stars
App Downloads:1 Crore +
Angel One App: Best for beginners in Trading
App Download link: Android | IOS
Angel Broking App is considered one of the best trading apps in India in the broking sector. It boasts all the features for all types of investors who prefer to trade on the go. The best trading app has some great features including an amazing user interface that makes it quite smoother.
Top features of the Angel Broking App
Easy buy & sell of stocks
Track derivatives position
Live to stream stock quotes, charts, and market info
More than 40 technical chart indicators
Real-time online fund transfer to over 40 banks
Easy investment in mutual funds
Best Suitable for Beginners and bulk traders
Pros:
Zero brokerage charges
Option to invest in current/upcoming IPO in India
Availability of margin accounts
Cons:
Lack of copy trading feature
Zero support for e-wallets
Best Tip to use Angel Broking App: On this best stock market app in India, you can invest in a wide range of bonds including convertible corporate bonds, sovereign gold bonds, non-convertible corporate bonds, and tax-free bonds.
Charges:
Rs. 20 per order or 0.25% (whichever is lower) across commodities, futures, forex, and options
Official Website: Angel Broking App
⦁ Upstox PRO Trading App
Android Rating: 4.3/5 stars
IOS Rating: 4.1/5 stars
App Downloads: 1 Crore +
Upstox Pro App: Best for Instant investing
App Download link: Android | IOS
Upstox, one of the best stock brokers in India owns Upstox PRO, a very popular mobile trading app. Upstox was previously known by the name of RKSV Securities and is based out of Mumbai, the financial capital of India. At present, It also has a web version and it is considered one of the best trading apps in India.
Major features of Upstox PRO stock market app:
Universal search tool to find easy and complex stocks.
Charts of various intervals, types, and drawing styles
Apply 100+ technical indicators on a real-time basis
Trade straight from charts with the Trade from Charts (TFC) feature
Define n number of price alerts for instant updates
Best Known for Instant Investing
Pros:
You can limit after-market order
Easy User experience
Smartly designed user interface
Cons:
Limiter no. of features from other apps
No investment support for IPOs and FPOs
Best Tip to use Upstox Pro App: You can read the market data better as the best trading app in India boasts different types of charts like bar charts, candle charts, and mountain charts.
Charges:
Rs 20/2.5% of net trade value (lowest one) for Equity Delivery
Rs 20 or 0.05% for Equity Intraday, Equity Futures, Currency Futures, and Commodity Futures (whichever is lower)
Official Website: Upstox Pro App
⦁ Groww App
Android Rating: 4.6/5 stars
IOS Rating: 4.4/5 stars
App Downloads: 1 Crore+
Groww App: Best to get various trading options
App Download link: Android | IOS
Groww App has remained true to its name since it began as the most basic of all applications. It is a well-recognized stock market app that enables traders to do business from any place and time of day. Groww Trading App is surely the best trading app in India.
Features Of The Groww App:
Order Placement In A Single Click
Smart save
Cancel/Stop A Currently Running SIP
Easily Choose Between Regular And Mutual Funds
Invest Via UPI
Portfolio Analysis
Contrast Mutual Funds
Customer Service Desk
Pros:
You can withdraw a maximum of 50,000 or your 90% of investment per day
Option to invest in Gold, Indian and US stocks, MF, F&O
Self-directed trading
No account opening and no AMC
Cons:
Advanced order options not available like cover orders, brackets & orders
Best Tip to use Groww App: Groww investment options like digital gold investment, stocks, fixed deposit, and more at the same time make it the best app for the stock market. You can do self-directed trading and investment through the Groww app.
Charges:
Flat Rs. 20/Order for Futures and Options segment
Flat Rs. 20 or 0.05%(lower one) per order brokerage for trading
Official Website: Groww App
⦁ Motilal Oswal MO Investor App
Android Rating: 3.9/5 stars
IOS Rating: 3.7/5 stars
App Downloads: 10 Lakh +
MO Investor App: Best for making a better portfolio
App Download link: Android | IOS
The MO Investor app for investing in the stock market is a user-friendly financial solution. It enables novice or seasoned investors to make pragmatic investment decisions on their own customizable trading features. No fees, single-click money transfers, and other functions make it the best trading app in India.
Top features of MO Investor
Detailed portfolio analysis
Individualized company quote page
Robo Advisor
Real-time market analysis
Advice on the combination of stocks
Diverse mutual fund options
Pros:
No monthly or yearly fees
Money transfers with a single click
Daily Stock Market Alerts
24/7 customer service
Investing based on the trader’s risk profile
Chart charting is clear and simple
Cons:
Requires the latest mobile device version for smooth operation
Every online purchase deducts Rs 20
Trading requires basic technical knowledge
Best Tip to use MO Investor: MO Investor’s ‘Suggest Me’ AI-powered investing tool proposes assets based on desired output, maximum investment, and risk appetite.
Charges:
Delivery trader 0.50 %
Intraday transactions cost 0.05 %
Official Website: MO Investor App
Conclusion
This guide has shown you what to look out for in choosing a stock trading app and the best stock investment app in 2022.
We recommend using eToro due to the competitive fees and CopyTrader functionality. This way, you can easily copy the successful trades of more experienced traders and profit.
Disclaimer:
The above content is non-editorial, and BCCL hereby disclaims any and all warranties, expressed or implied, relating to it, and does not guarantee, vouch for or necessarily endorse any of the content. Crypto/NFTs are unregulated and highly risky, and there may be no regulatory recourse for any loss from such transactions.
Readers are to exercise caution/due diligence, and comply with all applicable laws, including but not limited to taxation laws. The above content does not constitute investment advice nor promotes, suggests, or presents Crypto/NFTs to solve financial difficulties/achieve financial security/act as an alternative to employment/income opportunity.
Disclaimer: Content Produced by CryptoPR
FAQs About Best Trading App in India
Q1. Which is the best trading app in India?
According to order placement speed, charges & overall services, Some of the best trading apps in India are given below –
- Zerodha Kite app
- Groww trading app
- Upstox Pro app
- Angel Broking mobile app
- 5paisa trading app
Q2. Which is the safest app for trading?
Some of the most secured trading apps in India are Zerodha Kite, Angel Broking Mobile, 5Paisa Mobile, and Upstox pro. These trading apps follow a highly stringent security protocol and user authentication which keeps all transaction details safe and secure. That’s why these trading apps are considered the best stock market app in India.
Q3. Is Trading Safe?
Yes! Trading is safe, you have to research before participating in stock trading. If you do good in trading it always returns a profit, always use the best stock market app for fast and profitable trading. For financial safety never share OTP, CVV, Card detail, and any personal details with anyone outside the app.
Q4. Which is the best trading app for beginners in India?
As beginners need more time and effort to understand the basics of stock trading in India, the chosen best trading app in India should feature an easy user interface along with all popular features like historical charts, LIVE market feeds, customer support channels, investment tips, and others.
Keeping all these features in mind, some best apps for trading are Zerodha Kite, 5Paisa Mobile, Upstox Pro, Angel Broking Mobile, and Edelweiss Online.
Q5. Which is the No. 1 trading company in India?
In most cases, the performance of trading companies depends on a number of factors like their brand worth, trading tools, customer support, facilities being provided, client satisfaction, etc.
However, it is the number of active clients that a broker has that determines the position of a trading company in India. Now, keeping that point in mind, it can be ascertained that Zerodha emerges as the top trading company in India which has an active client base of 3602074 with a market share of 19.06%.
Q6. Why Is Zerodha good for trading?
When it comes to choosing the best app for trading in India, Zerodha tops the chart among both new investors and experienced investors. In recent times, the popularity of Zerodha has reached a new high due to the high-quality services it offers. Here are some of the prominent reasons why Zerodha is considered a great choice for trading.
- Reputed presence as the best stock market app in the country
- 60 Lakh+ customers – The best performance so far in India
- Zero Brokerage levied on Delivery trades
- Top Brokerage is limited to Rs 20 for other categories
- Completely paperless account opening
- Simple brokerage slabs
Q7. Which is the best trading app for intraday trading?
Intraday Trading refers to the buying and selling of shares on the same day. This is a kind of stock trading where stocks are bought, not to invest, but to earn profits by harnessing the movement of stock keys. Now when it comes to choosing the best trading app in India for intraday trading, the options are:
- Money Control
- IIFL Markets
- NSE Mobile Trading App
- BSE India
Tags:
Finance