Top 5 Apps to Invest Money in Stock Market in India

Anant Rawat

2024-07-09 14:58

Hey Questers,

Investing in the stock market can be a great way to grow your wealth over time, but it can also be a daunting task, especially for beginners. There is a lot of information to learn and keep track of, such as different types of stocks, market trends, and investment strategies.

One way to make investing easier is to use a mobile app. There are many great stock market apps available in India.In this thread, we will list the top 5 stock Market apps in India, along with their pros and cons, pricing, and features. We will also provide a detailed verdict to help you choose the best app for your needs.


1. Zerodha Kite

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Zerodha Kite is one of the most popular stock market apps in India. It is known for its user-friendly interface and low brokerage fees. Zerodha Kite offers a wide range of features, including real-time market data, advanced charting, and advanced order types. It also has a good selection of research and analysis tools.

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Features:


Real-time market data for NSE, BSE, and MCX exchanges

Advanced charting with over 100 indicators

Advanced order types, such as bracket orders, cover orders, and trailing stop-loss orders

Watchlists and price alerts

Research and analysis tools, including company reports, news, and analyst ratings

Mutual fund trading

Pros:


Easy to use interface

Low brokerage fees

Wide range of features, including advanced charting and order types

Good customer support

Cons:


Can be slow at times

Some users have reported technical glitches

Pricing:


Zerodha charges a flat brokerage fee of ₹20 per trade, regardless of the value of the trade.


2. Upstox Pro

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Upstox Pro is another popular stock market app in India. It is known for its fast order execution and robust trading platform. Upstox Pro offers a wide range of features, including real-time market data, advanced charting, and advanced order types. It also has a good selection of research and analysis tools.


Features:


Real-time market data

Advanced charting with over 100 indicators

Advanced order types, such as cover orders and good till triggered orders

Watchlists and price alerts

Research and analysis tools

Mutual fund trading

Pros:


Fast order execution

Robust trading platform

Wide range of features, including advanced charting and order types

Good customer support

Cons:


Can be expensive for beginners

Some users have reported technical glitches

Pricing:


Upstox charges a variable brokerage fee, based on the value of the trade. The brokerage fee starts at ₹0.01 per share for trades up to ₹50,000 and goes up to ₹0.05 per share for trades above ₹1 crore.


3. Groww

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Groww is a relatively new stock market app, but it has quickly become one of the most popular apps in India. It is known for its simple interface and focus on education. Groww offers a wide range of features, including real-time market data, advanced charting, and advanced order types. It also has a good selection of research and analysis tools.


Features:


Real-time market data

Advanced charting with over 100 indicators

Advanced order types, such as cover orders and good till triggered orders

Watchlists and price alerts

Research and analysis tools

Mutual fund trading

Pros:


Simple interface

Focus on education

Low brokerage fees

Wide range of features, including advanced charting and order types

Cons:


Not as many features as some other apps

Customer support can be slow at times

Pricing:


Groww charges a flat brokerage fee of ₹20 per trade, regardless of the value of the trade.


4. 5paisa

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5paisa is a popular stock market app that offers a wide range of features and low brokerage fees. 5paisa offers real-time market data, advanced charting, advanced order types, watchlists and price alerts, research and analysis tools, and mutual fund trading.


Features:


Real-time market data

Advanced charting with over 100 indicators

Advanced order types, such as cover orders and good till triggered orders

Watchlists and price alerts

Research and analysis tools

Mutual fund trading

Pros:


Wide range of features, including advanced charting and order types

Low brokerage fees

Good customer support

Cons:


Interface can be overwhelming for beginners

Some users have reported technical glitches

Pricing:


5paisa charges a flat brokerage fee of ₹10 per trade, regardless of the value of the trade.


5. Angel One

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Angel One is a popular stock market app that offers a good balance of features and ease of use. Angel One offers real-time market data, advanced charting, advanced order types, watchlists and price alerts, research and analysis tools, and mutual fund trading.


Features:


Real-time market data

Advanced charting with over 100 indicators

Advanced order types, such as cover orders and good till triggered orders

Watchlists and price alerts

Research and analysis tools

Mutual fund trading

Pros:


Good balance of features and ease of use

Low brokerage fees

Good customer support

Cons:


Some users have reported technical glitches

Pricing:


Angel One charges a flat brokerage fee of ₹20 per trade, regardless of the value of the trade


All of the apps on this list are great options for investing in the stock market in India. The best app for you will depend on your individual needs and preferences.


If you are a beginner, I recommend Zerodha Kite or Groww. They are both easy to use and have a wide range of features. If you are a more experienced trader, you may want to consider Upstox Pro or 5paisa. They offer more advanced features and lower brokerage fees.


All apps available in Google play store.


 Please note:- I am not a financial advisor and cannot provide financial advice. If you have any questions about investing in the stock market, please consult with a qualified financial professional.



Happy Questing 

Anant Rawat 

Tech