Trading Apps You Should Be Aware Of
Trading is among the most marketable practices performed by many to multiply their money. Buying and selling of stocks have become a whole lot easier courtesy of mobile trading apps.
With an app available for almost everything now, trading isn’t left behind either. The usage of mobile trading apps is reaching immaculate heights. According to numbers, more than 60% of stock market trading is done over mobile apps.- This means trading is just a few taps away as you can access your portfolio at fingertips. In this comprehension, we will be discussing 10 of the best trading apps available for smartphones across iOS and Android. So, without wasting any further time, let us start with the compilation.
10 Best Trading Apps For Hassle-free Trading
1. Zerodha Kite
The first app on the list is Zerodha Kite Mobile App that is in extensive use. The app is a small version of Zerodha’s trading platform that provides a clean and intuitive UI. Its impressive features include,
- Includes a biometric (fingerprint and Face ID) 2FA
- Order update and Push Notification
- Dark mode facility
- Hassle-free login to other apps in the Zerodha universe
- Bestowed with 4.1 stars on Google Play Store
2. Groww App
One of the latest in the league, the Groww app has gained popularity in a relatively short period. To use the app, you need to have a Demat account that can be opened for free from the app itself.
Once your Demat account is opened, you can invest in direct mutual fund SIP and lumpsum at zero commission from your app. It is claimed to be fast, easy & secure. Other imperial features of Groww include,
- The app comes with a KYC facility
- Includes mutual fund SIP calculator
- One-click stock trading with buying and selling facility
- Experts recommend investment in different categories
3. Angel Broking Demat Account and Stock Trading App
Trading is pretty easy with Angel Broking. The app offers over 40 technical chart indicators and overlays to perform analysis and trade. The app offers an elusive GUI and comes with an integrated ARQ tool. Some of the prominent features of the application include,
- Online payment via more than 40 banks
- Intraday charts with indicators
- Advisory calls and Mutual Fund investment
- Multiple watchlists with segments
4. ICICI Direct App
The trusted name ICIC also offers its dedicated trading app for both iOS and Android users. You need to open a Demat account at ICICI to use all the features of the app.
With ICICI direct app, trade and invest in equity, futures, mutual funds, IPO, Bonds, FD, and much more. Some of the prominent features of this app are,
- It offers a dashboard view for market movers and a watchlist
- Offers timely alerts and notifications
- Trading in Equity, Currency, and F&O
- View portfolio on the go
- Track trade and order books
5. 5Paisa
5Paisa is another highly rated app that offers various features including, one-click order placement. To order placement, you need to click on the chart, and you can 5Paisa research and advisory product screeners, sensibull, etc. while trading using the 5Paisa app. Its other features include,
- Get live updates of stock prices from BSE, NSE, and MCX
- Multiple charts and advanced technical analysis
- Robo investment advisor facility
- Price alerts and instant notification feature
- You can trade-in equity, derivatives, commodity, and currency segments
6. Upstox Pro
With Upstox Pro, you can easily do simple trading of shares. You can analyze the stock market on a real-time basis by just opening a Demat account and start using the Upstox Pro app. Some promising features of the app include,
- Offers options to trade from the chart
- A highly impressive user-friendly interface
- Real-time market feed and unlimited price alerts
- Offers both day and night mode
- Can use the same iD on web and mobile app as well
7. HDFC Securities Mobile Trading
The highly impressive HDFC security trading app is among the best in the business. The app comes with a secured biometric login using both face ID and fingerprint. Other accountable features of HDFC securities include,
- The app offers trade-in equity as well as derivatives
- Get all the latest news and notifications on market events
- Find the next investment opportunity with a single tap
- Get both tradings as well as investment facility on the go
8. Motilal Oswal MO Trading App
Motilal Oswal MO is another easy to use trading app that provides an advanced and intuitive interface and features. With Motilal Oswal, you can get equity, forex trading, and commodity trading in just a single click. Other intrusive features include,
- You can get the option of strategy builder with customization
- Live technical charts
- Offers global search bar which is useful in searching for the stock, commodity, and currency
- Trade guide signal tool
- You can square off position with a single click
9. Kotak Stock Trader
The app has an integration with feeds from Times of India, Economic Times, and Money Control that is displayed to its clients within the mobile application based on their preferences. Some of the appealing features of the app include,
- With the live Bloomberg TV, user can watch 24*7 streaming
- The ‘My Investment’ feature for investors helps the users to show all the investment made on other trading platforms of Kotak i.e. KEAT Pro X, KST, or Website within the single UI
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10. IIFL Markets
IIFL Markets is one of the standout applications for mobile trading. It has gained an accolade for the best trading app from Zee Business. The app allows instant trading to broking customer and also a guest-login using OTP. Its other features include,
- In-depth analysis and expert tips on mobile
- Get price alert via mobile app and news
- Expert suggestions are just one tap away
- Includes Mutual Fund investment option
Time to wrap up:
So here it is, 10 of the best trading apps available across smartphone platforms. All these apps are user-friendly and easy to use, even for those who are completely new to stock trading.
