Mobile applications have now become a core part of your lifestyle. It’s really hard to imagine how the world would look like without smartphones. Mobile apps have made their way into financial markets too. Now you can trade in realtime on any exchange at the tip of your fingers. In this article, we’ll walk you through some of the best trading apps for beginners in India. These apps are selected based on their usability, popularity, and reviews.
Types of Stock Trading Apps
Broadly, these apps can be categorized into two:
The first category comprises of the Stock Trading Apps. These apps are generally provided free of cost from your broker and can be used to place buy-sell orders in the exchanges.
The second category belongs to the Stock Analysis Apps. These apps are used to analyze the stock health using fundamental or technical analysis. They include features such as charting, scanning, backtesting, etc. Some of these apps may be free of cost while some require subscription charges.
We have handpicked 3 apps each from the above two categories and consider them as the best trading apps for beginners in India.
Top 3 Stock Trading Apps in India
Below are the best stock trading apps that you can download:
Zerodha Kite
Kite, unarguably is the fastest, user-friendly, and popular stock trading app in India. It’s a flagship product from Zerodha, the number 1 discount broker in India.
Apple Appstore link: https://apps.apple.com/in/app/kite-zerodha/id1449453802
Cost: Free
Upstox Pro
Upstox is another brilliant app from the stock broker Upstox (previously RKSV). In terms of features, it is very similar to Kite and offers all standard functionalities with a great user experience.
Apple Appstore link: https://apps.apple.com/in/app/upstox-pro-by-rksv/id1070470718
Cost: Free
Angel Broking Trading App
Angel broking has revamped its mobile app recently and added several innovative features. It also has all standard functionalities related to order placement, watchlists, charting, etc all packed into a single lightweight app.
Apple Appstore link: https://apps.apple.com/in/app/angel-broking/id1060530981
Cost: Free
Top 3 Stock Analysis Apps in India
Below are the best stock analysis apps that you can download:
StockEdge
StockEdge is the number 1 stock research and analysis app in India. It empowers retails with self-research tools based on technical, fundamental, and quantitative analysis.
Apple Appstore link: https://apps.apple.com/in/app/stockedge/id1066284206
Cost: Free (with in-app purchases)
TradingView
This is a globally used app well suited for Indian markets too. It’s probably the most popular app for price chart analysis.
Reference: https://financefeeds.com/
The app is known for its accuracy and speed in terms of data streaming. You can access to 1000’s of indicators for your study.
TradingView also allows you to create your own indicators based on the proprietary ‘pine script’. These indicators can be made public to other traders or can be held as private for your use.
Through this app, you can also share your ideas and studies with fellow traders across the globe and gather their feedback. So, in a way, it’s like a social network for traders.
Android Playstore link: https://play.google.com/store/apps/details?id=com.tradingview.tradingviewapp
Apple Appstore link: https://apps.apple.com/us/app/tradingview-stocks-forex/id1205990992
Cost: Free (with in-app purchases)
MoneyControl
A mass favorite app that you would find in every market enthusiasts’ mobile phone. Started as a ‘news’ app, it gradually evolved into a fully-fledged charting and analysis app.
Apple Appstore link: https://apps.apple.com/in/app/moneycontrol-markets-news/id408654600
Cost: Free (with in-app purchases)
Final Thoughts
These powerful stock market apps have become a necessity in today’s world. We are lucky to have them and honestly thankful to the creators of these apps.
The best trading apps for beginners in India are carefully selected based on several parameters. However, these are not all. You can still find many useful apps that are not a part of this list currently.
Do let us know if you think we missed any app in this list.
