Trading applications have made it very simple and convenient for investors, users, and even novices to engage in financial products of their preference, such as mutual fund schemes, securities, and fixed deposits, with a single click. The primary advantages of utilising a trading app are the ability to save all of your financial details in one place and to give you additional features and tools that assist in creating better investment decisions.
We’ve mentioned a list to assist you in picking a trading application that might improve your chances of creating wealth through stock market investment:
- Zerodha Kite
Zerodha has over Ninety lakh engaged clients, accounting for around 15% of Indian domestic trading activity. Because of its solid technological platform, Zerodha Kite, an in-house smartphone trading software programme built by the firm, this app is ideal for beginners, expert traders, and investors. Kite 3.0 online platform now provides market monitoring, comprehensive charting with over 100+ indicators, sophisticated order types such as rapid order placements, cover orders, good till triggered (GTT) orders,s and other capabilities.
Important characteristics
- Market data is streamed quickly, and elaborate graphs with a comprehensive user interface are available.
- Comprehensive insights on daily activities as well as the whole portfolio.
- The ‘View Breakdown’ feature thoroughly explains commission and STT expenses
2. Upstox PRO
It is a renowned brokerage firm software endorsed by big names like Indian tycoon Ratan Tata and Tiger Global Management. It offers trade and investment opportunities in equities, currencies, materials, and mutual funds, as well as advanced tool choices such as trading view and charts IQ library, and is suited for experienced and professional investors.
Important characteristics
- Users can buy and invest in stocks, commodities, currency futures, and options, as well as commodities futures and options.
- Allows you to invest in bullion, Initial public offerings, and mutual funds.
- For mutual fund investments, there is no commission cost.
3. 5 Paisa
5 paisa is among India’s fastest-growing trading applications, accessible on iOS and Android. This software is a popular choice among both investors and traders. It offers various items such as equities, mutual funds, commodities, and currencies. 5 paisa also provides research and advising services unavailable in even the finest trading programmes.
Important characteristics
- The user interface is simple and clear, with quick access to the watchlist and order books.
- Provides research recommendations depending on the user’s objectives.
- Provides real-time market data, livestock quotations, and price updates.
4. Angel Speed Pro
Angel Speed Pro is a trading software programme developed by Angel Broking, a full-service stock brokerage. This trading programme is well-known for offering its customers single-window trading expertise and comprehensive trade monitoring capabilities. It is also noted for its quick order execution and real-time stock data.
Important characteristics
- Products include stocks, commodities, currency speculation, derivative products, margin trading services, and mutual funds.
- Rates are streamed in real-time, allowing for quick exchange.
- Evaluate and examine all assets at once with a portfolio of high-end equities.
5. Groww
Groww is a great stockbroker for beginners because of its easy user experience. Its app-based solution, Groww App, is perfect for making free investment flows in mutual funds. It charges a fixed brokerage fee of INR 20 for dealing in the stock and derivatives segments. The Groww trading software has a variety of functions, such as price action line and candlestick graphs, one-click buy and sell, and a wealth of free stock investment material and tutorials for novices.
Important characteristics
- The user can establish a Groww Demat account for free.
- Instant account opening that is entirely paperless.
- Investment choices include equities, derivatives, mutual funds, initial public offerings (IPOs), fixed deposits, and US stocks.
