10 Best Trading Apps in India 2024 - Reviews, Features, & Fees (2024)

FAQs

What is the No. 1 trading app in India? ›

Groww, Zerodha, Angel One, Kotak Securities, and HDFC Securities are some of the Best Trading Platform in India that could assist novice investors and traders. While Groww has an interactive interface to assist beginner traders, Zerodha has the lowest brokerage fees to charge.

The defining feature of day trading is that traders do not hold positions overnight; instead, they seek to profit from short-term price movements occurring during the trading session.It can be considered one of the most profitable trading methods available to investors.

Rakesh Jhunjhunwala

He was a well-known and helpful stock market expert in India. Rakesh, the son of a salaried officer, entered the stock market after graduating as a contractual bookkeeper. After that, he was a stock trader. He amassed over Rs 15,000 crore in assets from a small investment of Rs 5,000.

Groww NRI is an exclusive to NRI app by Groww. This app is dedicated towards providing services to NRIs. You can invest in Indian Mutual Funds using your NRE/NRO account on this app.

Unlike many misconceptions, there is no strict minimum limit to commence trading or investing in Indian stocks. Your starting point depends on having sufficient funds to purchase stocks based on their current share prices, which can range from Rs. 1 to Rs. 10,000 or more on Indian stock exchanges.

If you want to make a profit every day, intraday trading is the route to go. Intraday trading entails purchasing and selling equities on the same day. Purchasing stocks should not be an investment but a means to benefit from price swings in the stock market.

In conclusion, while it is possible to become a millionaire through scalping trading, it requires a significant amount of skill, experience, and risk management. As with any form of trading or investment, it is important to thoroughly research and understand the risks involved before investing your time and money.

Who is the largest stock broker in India in 2024? ›

In 2024, Groww was the leading equity brokerage firm across India with over nine million active clients. Zerodha followed with 7.22 million active clients.

Imagine you wish to amass $3000 monthly from your investments, amounting to $36,000 annually. If you park your funds in a savings account offering a 2% annual interest rate, you'd need to inject roughly $1.8 million into the account.

Groww has a small advantage over Zerodha regarding account opening fees because Groww doesn't charge any fees to open trading or Demat accounts. In contrast, Zerodha charges a one-time fee to open a normal Demat account.

INDmoney makes it easy for you to invest in US stocks by categorizing them as hot, tech, pharma, etc. Within each category, you will find stocks classified based on their market cap. You can also invest in ETFs to diversify the risk while also earning from US stock market gains.

Zerodha Pros (Advantages)

Free account opening for people under 25. Most popular Broker - Zerodha is the largest stock broker in India (by the number of active clients and daily trading volume). Brokerage free Equity Delivery Trades - You don't pay any brokerage when you buy shares using cash-and-carry (CNC).