Post pandemic era has witnessed a significant upsurge in the business of internet stock trading apps. Stock trading via mobile applications has taken an entirely new turn with the introduction of fast internet speeds and the growing popularity of financial literacy. Indians are witnessing a smooth transition to extremely smooth and flexible trade capabilities with just one click with each passing day.
With the increasing popularity of such apps, even inexperienced traders may simply begin trading because these apps not only ease the purchase and sale of financial products but also provide other valuable services. All you need for these trading applications to work properly is a reliable internet connection.
Previous research studies have revealed that Indian millennials between the ages of 20 and 35 are the most likely to utilize such trading apps. According to a private trading firm's data published in a daily, there has been a huge increase in the number of demat account holders in India, with about 11 crore accounts in January 2023 compared to only 8.4 crores in 2022. These amazing statistics would not have been feasible if trading mobile app penetration had not been so high.
Given the variety of options, it might be difficult for investors or traders to select the best trading platform for their needs. To assist you, we've listed our findings below. More information about the trading app platforms we chose and how we ranked them can be found in our methodology.
Let’s Look into some of the Best Trading Apps in India:
Zerodha Kite - Nithin Kamath, Founder
Upstox Pro Trading App - Lalit Keshre - Co-founder & CEO
5 Paisa - Shrini Viswanath, Co-FOunder
ICICI Direct - Vijay Chandok, CEO & MD
Kotak Securities - Jaideep Hansraj, CEO and Managing Director
Angel Speed Pro - Dinesh Thakkar, Chairman & MD
Paytm Money - Varun Sridhar, CEO
