Zerodha To Expand, Expert Suggests Top 7 Trading Apps For Novices

When contemporary technology and the digital revolution arrived, India’s environment saw a substantial transformation, and online trade was established in February 2002. After 2010, the majority of Indian families began investing in stocks and mutual funds, mostly due to the development of user-friendly mobile trading applications. Full-time trader Radhika Singh suggests the following seven trading apps:

Zerodha:

Citing Zerodha’s user-friendliness and comprehensive account features, Radhika rates it as the best option. Zerodha distinguishes itself by offering consumers with ease by not charging brokerage fees on any investment and by computing taxes on the trading statement.

Grown

Groww is very young, yet it already has a sizable active user base in India. With a free demat account and an easy-to-use interface, Radhika recognizes its attraction to novice investors.

Angel Number One:

For commodities, FX, and F&O investments, Angel One—a reputable brand in the stock market and investments—charges a fee of Rs 20. The app’s legitimacy is increased by the fact that users may open a free demat account.

Upstox:

Since its founding in 2012, Upstox has offered sophisticated charting capabilities and access to more than 100 technical indicators. Although there is a price of Rs 20 for each successful transaction, its features are tailored to traders who want advanced analytical tools.

5Paisa:

5Paisa is a relatively new company that provides auto-investment. This software offers a cost-effective alternative; it costs Rs 20 per transaction for different trading sectors, much as Upstox and Angel One.

Alice Blue:

Alice Blue is regarded as one of the most affordable intraday trading platforms and has an intuitive user interface. Every trip transaction made on the app costs users Rs 15, which helps to make it affordable.

SAS Web:

SAS Online has a monthly subscription that costs Rs 999, and it is known for being reasonably priced. The app is a desirable choice for merchants searching for a cost-effective solution since it costs a fixed fee of Rs 9 every transaction, regardless of the amount of the sale.