Nowadays everyone invests in equity, mutual funds, bonds, currency etc but few people know which trading platform is best for them. In this article, we discuss the best trading apps in India as per their features, and which services are provided by them. While choosing any discount broker you have to consider some key points.
- Easy and User-friendly Interface
- Speed and Performance
- Customer Support service
- Brokerage charges
- Usability and Any Extra features provided by them.
Zerodha broking limited is India’s top financial services company, it offers services to retail and institutional investors in currencies, equity, commodity, bonds, and mutual funds. Zerodha has web and Android app platforms. It offers zero brokerage for all investment segments and only Rs 20 per order fee for intraday, F&O.
Zerodha is India’s largest Stock Broker with 5 million-plus users all over the country. The company has good customer support for its existing investors. zerodha charge Rs 200 for online account opening and Rs 400 charge for offline account opening process.
Upstox is India’s leading Stock Broker with 40 lakhs plus clients through web and Android applications. It offers equity shares, F&O, commodity, and mutual funds with Rs 20 per order brokerage. Upstox app is available for desktop, android, and iOS. It has two segments: Upstox and Upstox pro, providing services in equity delivery, mutual fund, IPO, digital gold and intraday, F&O, commodity, and currency derivatives respectively.
Upstox account opening charges are Rs 249 and Annual Maintenance Charges are Rs 300 per year.
Angel Broking Limited is one of the largest full-service retail broker houses in India. The company is a member of NSE, BSE, and MCX and a depository partner with CDSL. It has more than 8500 sub-broker and franchise outlets in 900 cities across India. Angel Broking offers equity trading, F&O trading, commodity trading, mutual fund. It has flat fee brokerage charges of Rs 20 per order in F&O, intraday trading, and Zero fees for equity delivery trading.
Sharekhan is the most trusted broker service in India since 2000. It provides online brokerage services through websites and Android apps. Sharekhan has 1800 offices in 550 cities across the country and an international presence in UAE and Oman.
The company has various types of trading accounts, including Classic account, Trade Tiger account. Sharekhan charges zero fees for account opening and free research course access to all segments. It has flat fee brokerage charges of Rs 10 per order in equity, intraday, F&O, commodity.
Edelweiss Broking Limited is an Indian financial services company. It is registered with the BSE, NSE, and MCX stock exchanges. Edelweiss retail broking business offers facilities to trade & invest in equity, Mutual fund, IPO, debt, currency derivatives, and F&O. The company has three types of accounts: Edelweiss Lite Edelweiss elite, and Advance Edelweiss subscription plan. It charges Rs 10 per order brokerage on intraday and F&O segment.
Edelweiss account opening charges different fees as per their subscription plan and charges Annual Maintenance Charges Rs 500 per year.
5Paisa is one the highly reputed full-service Stock Broker from 2016. It offers online trading in equity, currency derivatives, commodities, and members with the BSE, NSE, and MCX stock exchange. 5Paisa charges zero fees for account opening but has three subscription plans: Basic, Power Investors, and Ultra Traders pack. 5paisa also charges Rs 300 for trading account opening. The broker charges a flat Rs 20 brokerage per order. It charges Rs 45 maintenance charges per month.
Acc. Opening Fees
EQ, F&O, Mutual fund, IPO, Bonds
5 million +
EQ, F&O, Mutual fund, IPO, Digital gold, Currency
10 million +
EQ, F&O, Mutual fund, IPO, C Comodity, Currency
10 million +
EQ, F&O, Mutual fund, IPO,
As per Plan
1 million +
EQ, F&O, Mutual fund, IPO, etc
1 million +
EQ, F&O, Mutual fund, IPO, Comodity, Currency
Rs 45 in trading month