Tag: 5paisa

Best Digital Gold Platforms in India: Top Apps to Buy and Invest in Gold Securely in 2025

India is the largest importer of Gold in the world. Gold is not only a material of great value that is closely tied to Indian culture and tradition, but it has also been a time-tested investment option, which is very common among Indian households. With the emergence of the internet and the digitalization of the day, gold and the investment in gold in India also took the digital route.

Yes, it is digital gold now in place of the physical gold that is growing in popularity. Furthermore, numerous gold investment companies and online platforms for purchasing gold are fueling the growing demand for digital gold, or e-gold, enabling investors to buy gold quickly, securely, and easily.

The Digital Gold can be bought online and will be stored in safe vaults until sold. Currently, three entities in India provide Digital Gold. You can use certain platforms to make digital gold purchases online, but these three companies would have to be associated with those platforms.

India’s digital gold market is growing fast and could become a $100 billion opportunity by 2025. This growth is happening because more people are using fintech apps, and young investors are now more aware that gold is a smart way to invest.

The three companies in India are Augmont Goldtech Pvt. Ltd., MMTC-PAMP India Pvt. Ltd., and Digital Gold India Pvt. Ltd., which is sold under the brand Safe Gold. These companies purchase the gold and store it safely in vaults on behalf of the platforms.

Advantages of E-Gold

Gold rates on the NSE are based on Indian market rates.
Investors can buy and sell gold in small denominations. E.g., 1gm, 2gm of gold.
Transparency in pricing and seamless trading are one of the major advantages of this product.
This product is high in liquidity. One can sell it at any point in time. No impurity risks.

Here is the list of gold trading apps that bring in fantastic gold investment options, or buying digital gold, which one can opt to invest in E-gold in India.

List of Best Platforms to Buy Digital Gold in India in 2025

#	Brand Name	App Type / Category	Platform Availability	Main Use	Why Users Like It
1	Paytm	UPI & Wallet App	Android, iOS, Web	UPI payments, recharges, shopping	All-in-one app with fast payments and cashback
2	PhonePe	UPI Payment App	Android, iOS	UPI and bill payments	Simple interface and quick transactions
3	Google Pay	UPI Payment App	Android, iOS	UPI payments	Backed by Google, easy to use
4	Groww	Investment App	Android, iOS, Web	Stocks & mutual fund investment	Beginner-friendly with low fees
5	Jar	Gold Saving App	Android, iOS	Gold savings via spare change	Auto-saves small amounts daily into digital gold
6	Airtel Payments Bank	Digital Bank & Wallet	Android, iOS, Web	Digital banking & payments	Works well with Airtel ecosystem
7	Amazon Pay	UPI & Wallet App	Android, iOS, Web	Payments and shopping rewards	Smooth for Amazon users, cashback offers
8	HDFC Securities	Stock Trading Platform	Android, iOS, Web	Stock trading	Trusted banking brand with full trading tools
9	Motilal Oswal	Investment Platform	Android, iOS, Web	Investments & research	Strong advisory and research support
10	FinPlay	Learning & Budgeting App	Android, iOS	Financial learning app for teens	Makes money learning fun and interactive
11	Zerodha	Stock Trading Platform	Web, Android (via Kite)	Discount stock brokerage	Low brokerage fees and easy interface
12	Tanishq	Jewellery Shopping App	Android, iOS, Web	Gold and jewellery shopping	Trusted brand with high-quality jewellery
13	Spare8	Micro-Investment App	Android, iOS	Save and invest spare change	Helps build habits through micro-investments
14	DigiGold	Digital Gold Platform	Android, iOS, Web	Buy & sell digital gold	Instant gold buying with real-time prices
15	Jupiter Money	Neobank	Android, iOS	Smart digital banking	Money tracking and spending insights
16	MMTC-PAMP	Gold Investment Platform	Android, iOS, Web	Digital gold and bullion buying	Government-authorized and safe
17	Gullak	Gold Saving App	Android, iOS	Auto-save & invest in gold	Daily auto-savings into gold
18	Pluto Money	Finance EdTech App	Android, iOS	Financial education for Gen Z	Gamified learning for young users
19	Plus Gold	Gold Investment App	Android, iOS	Gold saving and investment	Goal-based savings in gold
20	Dvara SmartGold	Gold Saving Platform	Android (mostly)	Rural-focused gold savings	Easy gold savings for underserved communities
21	Fiydaa	Budgeting App	Android, iOS	Budgeting & money management	Helps users plan, track, and save smarter
22	eBullion	Gold Investment Platform	Android, iOS, Web	Buy, sell & manage gold 24/7	Offers full control, price alerts, and deep insights

How to Invest in E-Gold?

Open a Demat Account

To purchase commodities in NSE, you must have a Demat account. One can keep a separate Demat account for equities and commodities or keep the same one. To open an account, one can submit all the required documentation to NSE.

Trading

Once your account is opened, you can log in and buy e-gold. You can trade from 10 a.m. to 11:30 p.m. on weekdays. Your gold units will get credited to your Demat account in T+2 days (date plus one days).

Physical Delivery

If you want, you can physically deliver gold at any time by redeeming e-gold units in your Demat account.

The graph shows the gold price movement in India per 10 grams from 2015 to 2025. The price of gold has been increasing over the past few years, and it is likely to continue to increase in the future.

The gold price started at around INR 26,345 per 10 grams in 2015 and reached INR 58,270 per 10 grams in 2023, an increase of over 100%, and INR 98,303 in July 2025. The main reasons for the increase in gold price are inflation, geopolitical uncertainty, and rising demand from India.

List of Digital Gold Investment Platforms

Paytm

Name	Paytm
Founded	2010
Minimum Investment	INR 1
Partnered with	MMTC-PAMP

Paytm is an e-commerce payment system and a fintech company in India. It was founded in the year 2010 and has its headquarters located in Uttar Pradesh, India. Paytm provides an opportunity for Indians to invest or purchase 99.99% pure Gold for as low as INR 1.

The user can purchase gold through the Paytm app by choosing the stocks and wealth icon and then selecting the Paytm Gold icon, which lets you invest in Gold in terms of rupees or quantity. It is one of the most trustworthy and best gold investment app in India.

PhonePe

Name	PhonePe
Founded	2015
Minimum Investment	INR 1
Partnered with	MMTC-PAMP

PhonePe is an Indian financial service and a digital payment platform. It was founded in the year 2015 and has its headquarters in Bangalore, India. The company is a subsidiary of Flipkart. Even PhonePe allows its users to invest or purchase 99.99% pure Gold for as low as INR 1. It is one of the best platform for the best digital gold investment in India.

PhonePe platform provides the promise of transparent pricing and assured quality, and is one of the best ways to buy gold online. In PhonePe, the users will have to log into their account and choose the Gold option available in the My Money section. With PhonePe, the users can invest in Gold in terms of rupees or quantity.

Google Pay

Name	Google Pay
Founded	2011
Minimum Investment	INR 1
Partnered with	MMTC-PAMP

Google Pay is also a digital payment platform, which is powered by Google. It was launched in the year 2015. Google Pay also lets users invest or purchase 99.99% pure Gold for as low as INR 1.

The users can purchase the gold by using the Google Pay platform, which works similarly to the digital gold purchased through PhonePe and Paytm.

Groww

Name	Groww
Founded	2016
Minimum Investment	INR 10
Partnered with	Augmont Gold

Groww is an Indian-based online investment platform. It provides services to customers to invest in mutual funds and stocks. The company was founded in the year 2016, is headquartered in Bangalore, and is one of the best platforms to buy digital gold in India.

Through Groww, the users will be able to purchase Gold in terms of grams from a starting price of INR 10. The purchase cannot be made through the Groww funds, and the users will have to purchase them through UPI, NEFT, net banking, IMPS, or RTGS. If it is net banking, then they will have to purchase for more than INR 100.

Jar

Name	Jar
Founded	2021
Minimum Investment	Based on Digital Transaction Value
Partnered with	SafeGold

Jar App - Best Digital Gold Investment App — Jar App – Best Platform to Buy Digital Gold in India

The Jar App is a daily savings platform that rounds off spare change from your digital transactions and invests it in digital Gold, all of this with zero manual involvement. For example, if a person spends Rs. 23, Jar smartly rounds it off to the nearest ten and automatically invests Rs. 7 in digital gold on their behalf.
First of its kind, with Jar App, you can save while you spend. The entire process takes 45 seconds and can start right after.
Jar App enables its customers to save consistently with minimum hassle so that they are all prepared for the future.

Airtel Payments Bank

Name	Airtel Payments Bank
Founded	2016
Minimum Investment	INR 1
Partnered with	SafeGold

Airtel Payments Bank is a financial service company that is a subsidiary of Bharti Airtel. It is the first company to receive a payments bank license from the RBI. Headquartered in New Delhi, India, Airtel Payments Bank was founded in the year 2017.

Airtel has launched a new platform, DigiGold. It is one of the best platforms to buy digital gold from. This platform will allow users to invest in digital gold. This feature can be used only by the savings account customers of Airtel Payments Bank.

Amazon Pay

Name	Amazon Pay
Founded	2007
Minimum Investment	INR 5
Partnered with	SafeGold

Amazon is one of the largest e-commerce platforms in India. It is a US-based company that was founded in the year 1994. Launched in 2007, Amazon Pay uses the consumer base of Amazon.com and focuses on giving users the option to pay with their Amazon accounts on external merchant websites. If you are looking for how to buy gold online with Amazon, then that is easy, too.

The users can buy Digital Gold through the Amazon App on the Amazon Pay page, or they can search for it directly in the search bar. Once the users can log in, they can click on the gold vault icon and see the buy price at that time. The digital gold can be bought from the starting price of INR 5. The users can buy up to 30g of Gold without KYC.

HDFC Securities

Name	HDFC Securities
Founded	2000
Minimum Investment	1 gram of Gold
Partnered with	Augmont Gold

HDFC is a financial securities company that is a subsidiary of HDFC Bank. HDFC Securities was founded in the year 2000, and its headquarters are located in Mumbai, India. HDFC Securities also allows its users to invest in digital gold.

Using HDFC securities, users can buy 24K Gold in terms of rupees as well as quantity. It is one of the best gold trading apps. You will be able to buy the top-quality Gold and store it safely in the digital locker, which can be accessed anytime and anywhere.

Motilal Oswal

Name	Motilal Oswal
Founded	1987
Minimum Investment	1 gram of Gold
Partnered with	MMTC-PAMP

Motilal Oswal is an India-based diversified financial service company that also provides gold investment opportunities. The company was founded in the year 1987 and has its headquarters in Mumbai, India. Motilal Oswal allows users to purchase digital Gold at a starting price of INR 1,000. You can purchase 24k pure gold at the best price and keep it safe online.

FinPlay

Name	FinPlay
Founded	2021
Minimum Investment	INR 1
Partnered with	MMTC-PAMP

FinPlay is a game-based investment platform that is designed to bring two exciting themes of fintech and gaming together, making it one of the best gold investment apps in India. Founded by two IITians, FinPlay allows users to play games and earn FinCash awards, which they can redeem to get financial products at discounted rates on the platform, along with other rewards like Amazon coupons and more. Recognized as one of the best apps for gold investment, FinPlay offers a user-friendly approach to investing in digital gold, making it the best place to buy digital gold.

FinPlay currently helps users with the opportunity to buy digital gold. FinPlay extends easy ways to invest in 24K, 99.99% Pure Gold, which is 100% safe and secure, and promises transparent pricing. The company also enables its customers and other investors to buy and invest in digital gold starting from Re 1, and is gearing up to become a major company that would let users invest in gold.

Zerodha

Name	Zerodha
Founded	2010
Minimum Investment	1 gram of Gold
Partnered with	Augmont Gold

Zerodha is India’s largest retail stockbroker by active client base and trading volume. It is a discount broker, meaning it charges lower commissions than traditional brokers. Zerodha is known for its innovative trading platforms and its focus on customer service.

By expanding its reach into the e-hold trading industry, Zerodha has added another layer of innovation to its portfolio. It is a ground-breaking bargain brokerage. With a track record of disrupting the financial sector, it now provides a stable investment environment for digital gold. The platform’s commitment to customer satisfaction is reflected by the multitude of cutting-edge tools it provides, which equip users with the knowledge they need to make sound decisions and pave the way for an interesting and profitable e-gold investment experience.

Tanishq

Name	Tanishq
Founded	1994
Minimum Investment	INR 100
Partnered with	SafeGold

Tanishq is a leading Indian jewelry brand in the Tata Group. It is known for its high-quality jewelry and its commitment to ethical sourcing. Tanishq has a wide range of jewelry products, including gold, diamond, and platinum, making it one of the best apps for gold investment.

Tanishq is also a pioneer in the digital gold space. It was the first jewelry brand in India to offer digital gold to its customers. Tanishq’s digital gold product, Tanishq e-gold, is powered by SafeGold, a digital gold provider regulated by the Securities and Exchange Board of India (SEBI).

You can sell or swap the gold at any of its 350+ outlets in India anytime. There are no additional fees for the app’s locker or transaction processing. It is one of the best platforms to invest in gold and one of the most reputable sites for purchasing gold in physical and digital forms because it is a Tata Group firm. Tanishq is a trusted brand with a long history of providing high-quality jewelry and ethical sourcing. Its digital gold product, Tanishq e-gold, is a convenient and affordable way for investors to invest in gold. Tanishq is considered as the safest and best app to buy digital gold.

Spare8

Name	Spare8
Founded	2020
Minimum Investment	INR 10
Partnered with	Augmont & Paytm

Founded in September 2021, FinPlay is currently led by Ganesh Kumar Anegondi (Co-founder and CEO) and is built to simplify long-term investing and is, therefore, great for first-time investors. The platform currently lists digital gold as the only asset, but is planning to launch mutual funds and stock baskets in the upcoming months. “Democratise finance and wealth management for millennials in India” is currently the mission of FinPlay. The startup further aims to emerge as the go-to wealth platform for millennials who are just starting their wealth creation journey. It is considered one of the best app for gold investment, as it offers a user-friendly approach to investing in digital gold.

DigiGold

Name	DigiGold
Founded	2020
Minimum Investment	INR 1
Partnered with	–

DigiGold is an investment platform by Amrapali Gujarat, founded in 2020, with 40+ years of legacy in Bulk Gold and Silver. Accredited by NABL and BIS, and supported by GGC and SEQUEL, DigiGold is one of the best apps to buy digital gold and is one of the best digital gold companies in India. Gold purchased by the users is stored in Government-trusted vaults of BRINKS. The minimum amount of purchase starts from just INR 1. They also offer a no-lock-in-period SIP in Gold with a minimum amount of INR 500 through periodic installments. With DigiGold, you can buy and possess a portion of massive gold, silver, and platinum bars that are safely stored in The Vault. DigiGold is considered as the best place to buy digital gold.

Jupiter Money

Name	Jupiter Money
Founded	2019
Minimum Investment	INR 10
Partnered with	MMTC-PAMP

Jupiter Money is a digital payment app powered by Federal Bank, founded by Jitendra Gupta and Vishnu Jerome in 2019, and headquartered in Mumbai. The Jupiter Money app allows investors to buy/sell digital gold or start a No-penalty SIP starting at INR 10. Jupiter Money and MMTC-PAMP have teamed up to provide digital gold on the platform. You can invest in 24K gold that is 99.99% pure through Jupiter Money. Gold can be purchased and sold at current market prices at any time of day. With the app, you may store gold in safe vaults.

MMTC-PAMP

Name	MMTC-PAMP
Founded	2008
Minimum Investment	INR 1
Partnered with	–

MMTC-PAMP was founded in 2008 as a joint venture between MMTC Ltd. (a government of India undertaking and India’s largest public sector trading organization) and PAMP SA, a bullion brand based in Switzerland. Investors can redeem digital gold for 24K, 999.9 purest gold bars and coins from MMTC-PAMP. They can sell the digital gold back to MMTC-PAMP or gift/transfer the gold to a loved one using the platform.

Gullak

Name	Gullak
Founded	2022
Minimum Investment	0.5 gm of gold
Partnered with	Augmont

Gullak is a savings and investment app founded by Manthan Shah, Dilip Jain, and Naimisha Rao in 2022. Recognized as the best digital gold investment app in India, Augmont and Gullak collaborated to create the leasing scheme known as Gullak’s Gold+. With the Gullak app, customers may safely lease their gold thanks to Gold+. Reputable, reliable, and established jewelers lease gold metal. Jewelers offer investment protection in the form of bank or corporate guarantees. The interest that these jewelers pay is expressed in grams of gold, and the users also benefit from this. The minimum quantity required to participate in Gold+ is 0.5 grams, and the maximum quantity is 250 grams.

Pluto Money

Name	Pluto Money
Founded	2023
Minimum Investment	INR 100
Partnered with	Augmont

Pluto Money, a goal-based saving platform that assists users in creating a secure financial future, was founded by Danish and Reev. It is known as one of the best apps to invest in gold. It assists users in establishing a savings habit, making low-risk investments, and reaching their financial objectives. With Pluto Money, investors can buy 24K, 99.9% pure gold and convert digital gold to physical gold, with delivery to your doorstep. To invest in digital gold, download the app, register, choose your investment amount, and complete your purchase.

Plus Gold

Name	Plus Gold
Founded	2022
Minimum Investment	INR 100
Partnered with	Augmont

Plus Gold is an Indian-based jewellery savings app that combines the simplicity of digital gold investment with the excitement of building a jewellery collection. Users can invest in gold through systematic investment plans (SIPs) or one-time purchases, with no lock-in period, allowing for easy redemption anytime. Purchases can be made using UPI, NEFT, net banking, IMPS, or RTGS, making it one of the best apps to buy digital gold.

With Plus Gold, users earn a 10% extra gold benefit, receiving 1 gram of additional gold on every 10 grams purchased. Trusted by over 300 verified jewellers and redeemable at 1,000+ stores in 520+ cities, Plus Gold offers a secure and flexible way to save in gold for the future.

Dvara SmartGold

Name	Dvara SmartGOld
Founded	2019
Minimum Investment	INR 100
Partnered with	Jana Small Finance Bank (SFB)

Dvara SmartGold is a micro-savings platform that helps users build a financial safety net by investing in gold. Launched in 2019, it allows you to save in small, flexible installments through SIPs, and redeem your savings as cash, coins, or jewellery from trusted jewellers.

With no fees or commissions on SIPs and secure storage in BRINKS vaults, Dvara SmartGold offers a simple, safe, and affordable way to grow your gold savings for future needs.

Fiydaa

Name	Fiydaa
Founded	2023
Minimum Investment	INR 5
Partnered with	Not publicly disclosed

Fiydaa is a digital gold investment platform designed for middle-class savers, letting you start with as little as INR 5. It offers flexible SIP options like DigiGold SIP (from ₹100), Lease SIP (earn extra 4% monthly in grams), and Gold Coin SIP (redeem coins later). With Fiydaa X, users can lease gold to earn up to 6% annually. All gold is securely stored and can be redeemed anytime for cash or physical delivery. Fiydaa also offers its jewelry line, Elegance.

eBullion

Name	eBullion
Founded	2020
Minimum Investment	Not disclosed
Partnered with	Not publicly disclosed

eBullion is a complete digital gold investment platform that lets users buy, sell, and manage gold 24/7. It’s designed for both beginners and active investors who want full control and real-time insights. The platform offers live gold prices, smart price alerts, and detailed portfolio tracking. Users can set custom alerts to buy or sell at their preferred rates. All gold is 100% insured, stored in secure vaults, and can be redeemed anytime for cash or physical delivery. eBullion focuses on transparency, safety, and flexibility, making gold investing simple and convenient.

FAQs

Can people buy E-Gold in India?

Yes, you can buy digital gold in India through various digital gold investment platforms.

Is digital gold better than physical gold?

Digital gold is a better option than physical gold as it ensures safety and has no additional storage costs.

What is E-gold in India?

E-gold is held electronically in the demat form and can be freely converted into physical gold.

Which is the best country to buy gold?

If you are wondering about the best country to buy gold, it is Dubai, UAE.

What is digital gold?

Digital gold or e-gold is a virtual form of gold investment that one can make. The users can easily buy e-gold via the best gold investment apps available online and have it stored in secured vaults.

What is the best way to buy digital gold?

The best way to buy digital gold is through trusted apps like eBullion, Jar, or MMTC-PAMP that offer real-time prices, secure vault storage, and easy redemption.

Which are the best Digital Gold Investment platforms in India?

Some of the best Digital Gold Investment platforms in India are:

Paytm
Phonepe
Google Pay
Groww
Jar
Airtel Payments Bank
Amazon
HDFC Securities
Motilal Oswal
FinPlay
Upstox
Zerodha
5paisa
Tanishq

October 17, 2025

Top Discount Brokers in India 2025 | List of Low-Cost Trading Platforms for Smart Investors

It has recently been discovered that individuals are pumping millions into the Indian equity market. While there is a prevalent belief that equity market investing is riskier than other asset classes, the recent surge of the Indian equity market has enticed many to make share price investments. The stockholders’ eagerness to put their funds in various equities has been increasing at all of India’s main stock traders.

Now, if you want to buy stocks, the notable point is that you’ll need a broker to function as a liaison between you and the equity markets. The stockbroker’s function is crucial since he serves as your single interface for all stock-related issues. That’s why all traders use the assistance of the best brokers in India. Full-Service Stockbrokers and Discount Brokers are the two kinds of brokers in India.

List of Discount Brokers in India

S.No.	Platform	Key Feature	Suitable For
1	Zerodha	Low brokerage, advanced Kite platform, API for algo trading	Beginners & active traders
2	Angel One	AI-powered ARQ advisory, research-backed recommendations	Long-term investors & advisory seekers
3	Upstox	Fast execution, advanced charts, options strategy builder	Options traders & tech-savvy users
4	5paisa	Flat ₹20 brokerage, robo-advisory, easy-to-use app	Cost-conscious traders & beginners
5	Groww	Simple UI, direct mutual funds, F&O trading	First-time investors & mutual fund users
6	Paytm Money	Zero brokerage on delivery, SIPs, fractional investing	Beginners & long-term investors
7	Dhan	TradingView integration, algo trading API, real-time data	Active options traders & algo developers
8	Alice Blue	ANT Mobi app, flat brokerage, commodity trading expertise	Commodity traders & discount brokerage users
9	Fyers	Advanced charting, thematic investing, zero brokerage on delivery	Chart-focused traders & equity investors
10	Kotak Securities	Zero intraday brokerage, full-service research support	Intraday traders & research-focused users
11	IIFL Securities	IIFL Markets app, comprehensive research reports, wide asset coverage	Investors wanting strong research & diverse investments

Difference Between Full-Service Stockbrokers vs Discount Brokers
Top 11 Best Discount Brokers in India
How to Choose the Right Discount Broker?
Advantages of Online Brokers
Disadvantages of Online Brokers

Difference Between Full-Service Stockbrokers vs Discount Brokers

Full-service Brokers

Let’s start with full-service brokers, also known as conventional brokers. The majority of these brokers have been in business for years. Angel Broking, HDFC Securities, Motilal Oswal, and others are examples. These intermediaries are unique in that they are licensed to offer both offline and internet services.

That is, you visit their workplace and have your problem resolved. They provide excellent service. You’ll also get a trusted and experienced manager who is always available.

They also offer research reports, stock advice, fund management, and investment management services, among other things. They employ a large number of employees, including consultants and market analysts, to ensure that you have an enjoyable outlook and receive accurate research reports.

All of these services, however, are not free. Their brokerage is sure to be higher because their spending is more. In contrast to discount brokers, they cost a larger brokerage fee. However, they are attempting to vie with discount brokers. They cover a plethora of low-cost brokerage solutions for high-volume investors.

Discount Brokers

Discount brokers like Zerodha, Upstox, and others are popular among individual investors and traders. They are becoming incredibly common among today’s youngsters as smartphone usage rises and data rates fall.

As the title suggests, these brokers provide discounted or very minimal brokerages. They have set brokerage plans in place. How much more valuable will your deal be if you must pay a set brokerage fee? Their users are largely virtual and have little substantial form.

They don’t offer a whole variety of services, so they don’t have to pay for a license, infrastructure, or staff. These advantages are delivered to clients in the mode of reduced brokerage fees. The majority of these dealers don’t offer investment managerial services or research reports.

How Do You Benefit From These Brokers?

Let’s say you bought 100 shares of Asian paints, each valued at Rs.2000.

Total value = Rs.200000 (100*2000).

Full service brokerage = 0.4% * 200000 = Rs.800

Discount Brokerage = Flat RS.9 to Rs.20

Savings = Rs. (800-20) = Rs.780

Full-Service Broker Vs Discount Broker

Top 11 Best Discount Brokers in India

Zerodha

Name	Zerodha
Founded	2010
Founders	Nithin Kamath and Nikhil Kamath
Active Clients	65,98,363

With the most active clientele and a customer base of 18.85 per cent, Zerodha is at the pinnacle of success. It was the first Indian company to explore the idea of stock brokerage. It is a firm with offices in several Indian cities that was established in 2010.

Its trading platform is known as Kite. It has a web-based and smartphone-based UI. For stock delivery trading, it does not impose a brokerage fee. However, it costs 0.03 per cent or Rs.20 per placed order for stock intraday and stock futures, whichever is lesser. It charges a fixed fee of Rs.20 per placed order for stock options. It charges fees for creating an account, which most brokers do not.

Dealing in equity, futures options, and currencies costs Rs.200 account opening fee. If you want to add a commodities account to it, you’ll have to pay an additional Rs.100, and the starting fee would be Rs.300. Aside from that, there is an annual account upkeep fee of Rs.300 + GST. The Coin by Zerodha portal also offers services for investing in mutual funds and is best discount broker in India.

Angel One

Name	Angel One
Founded	1996
Founders	Dinesh D. Thakkar
Active Clients	50,98,124

Like Zerodha, it was formerly named Angel Broking, and it is India’s largest brokerage firm in several ways. It is a classic stockbroker that has maintained its commissions low, similar to a discount broker. For its one-of-a-kind nature, it stands out.

Dinesh Thakkar launched the company in 1987. Its offices are based in Mumbai. It’s also a publicly traded firm, which implies its equity is traded on a stock market. It offers full-service brokerage solutions at a fraction of the cost of a discount broker. It costs only Rs.20 for each order and allows you to deal with any amount. It provides a multitude of services, including research and advising services.

It is one of the few discount brokers that offer study and advising services and is one of the top 10 discount brokers in India. It provides a variety of programs, including sub-brokerage, franchise, alliance, and others.

Angel One, as a full-service stockbroker at a discount brokerage firm, provides a ton of products that you won’t find with other discount firms. It provides clients with ARQ Robo advice, which is among the most unique services available today. It is known as the best stock broker in India.

Upstox

Name	Upstox
Founded	2009
Founders	Shrini Viswanath, Ravi Kumar, Kavitha Subramanian, and Raghu Kumar
Active Clients	22,37,974

With a customer base of 10.9 per cent, the Mumbai-based discount brokers rank second among active clients. Ratan Tata and Tiger Global, a US venture capital, fund this brokerage ID, which was established in 2011.

Pro by Upstox is the trade system’s title, and it has both web-based and smartphone-based UI. Like Zerodha, it provides free stock delivery trade brokerage. However, it charges a fee of 0.05 per cent or Rs.20 per placed order for stock intraday and stock futures, whichever is lesser. It charges a fixed fee of Rs.20 per placed order for stock options and Upstox is considered as the top 3 discount brokers in India.

Account setup costs are not charged. However, there is a Rs.25+GST monthly account upkeep fee. It offers services to trade in Mutual funds and digitized gold.

5paisa

Name	5paisa
Founded	2016
Founders	Nirmal Jain
Active Clients	4.22 lakhs (March 2025)

Founded by Nirmal Jain, 5paisa Capital is one of India’s leading discount brokers, with an active client base of around 4.22 lakhs as of March 2025. It offers a simple and cost-effective trading platform with a feature-rich interface. Traders can invest across equities, derivatives, commodities, and mutual funds, all from a single account.

5paisa offers a flat brokerage fee of INR 20 per order across all segments — equity delivery, intraday, futures, and options (including equity, commodity, and currency). Mutual fund investments are completely free of charge.

The broker provides multiple trading platforms, including the 5paisa mobile app, web-based terminal, and EXE desktop software, each packed with advanced trading tools like real-time data, stock scanners, technical analysis charts, and customised watchlists. Additional offerings include margin trading facilities, algo trading support through Xstream and XTS APIs, expert research reports, direct mutual fund investments, IPO access, real-time notifications, and 24/7 customer support. With competitive pricing and powerful technology, 5paisa ensures a smooth and seamless trading experience for investors.

Groww

Name	Groww
Founded	2016
Founders	Lalit Keshre, Harsh Jain, Neeraj Singh, and Ishan Bansal
Active Clients	70,92,413

Groww is a discount brokerage firm that started operating in 2016, mainly as a portal for investment in mutual funds. The firm began its brokerage operation in 2020. Groww is the title of its smartphone app. You can engage in the equity section using its web-based and smartphone-based interfaces.

As a participant in the discount brokerage firms sector, Groww is poised to introduce an F&O solution shortly and is one of the top 5 discount brokers in India. Under this offering, the pricing structure entails 0.05 per cent or Rs. 20 per placed order for stock intraday and equities future, whichever is less. Additionally, for F&O transactions, a flat commission of Rs. 20 per transaction is applied.

There are no fees for creating or maintaining an account. It also provides mutual funds and digitized gold investment services. It also gives you the chance to trade in US stocks.

Paytm Money

Name	Paytm Money
Founded	2017
Founders	Vijay Shekhar Sharma
Active Clients	7,40,285

Paytm Money is a financial services company based in India. It was launched in 2018 as a subsidiary of One97 Communications, Paytm’s parent company. Paytm Money aims to provide easy and accessible investment opportunities for millennials and first-time investors. The company offers a mobile app and web platform with features that include paperless account opening, easy funds transfer, zero commission stock investing, and mutual fund purchasing with systematic investment planning, risk profiling, and real-time portfolio tracking and falls under top 50 discount brokers in India. Paytm Money is backed by major investors such as Ant Group and SoftBank. The company aims to tap into the growing population of digitally savvy, young Indian investors who are looking for seamless tools to enter the markets.

Dhan

Name	Dhan
Founded	2021
Founders	Pravin Jadhav, Alok Kumar Pandey, and Jay Prakash Gupta
Active Clients	3,10,070

Dhan is a discount brokerage company that has been gaining popularity in India since 2016. It is known for its innovative features, competitive pricing, and focus on educating its users. Unlike many other brokerages, Dhan does not charge any fees for account maintenance or stock delivery trades, making it an attractive option for long-term investors. For active traders, Dhan charges a flat ₹20 per trade or 0.03% of the trade value, whichever is lower, for intraday fees. The platform is modern, user-friendly, and comes equipped with advanced charting tools, educational resources, fractional share investing, and access to US stocks. Whether you are a seasoned investor or just starting out, Dhan’s combination of affordability, features, and educational focus makes it a compelling choice.

Alice Blue

Name	Alice Blue
Founded	2006
Founders	Sidhavelayutham Mohan
Active Clients	1,55,619

Alice Blue is a discount broker that was established in December 2006 in Erode, Tamil Nadu. Initially, the company had only five employees and an MCX membership. In 2007, it became a discount broker and moved its headquarters to Chennai. In 2017, Alice Blue relocated to Bangalore, where it currently operates. Over the years, the company has grown significantly and now has around 400 employees. It has also formed partnerships with 12,000 associates and serves approximately 500,000 clients in 20 major Indian cities. Alice Blue holds membership in various exchanges, including MCX, NSE, NCDEX, MCX-SX, BSE, and CDSL. Alice Blue’s Freedom 15 Brokerage Plan is designed to establish a competitive pricing structure in the Indian Stock Broking Industry and is one of the top 10 stock brokers in India. The plan charges only ₹15 for Intraday and F&O Trading while offering free Equity, IPO, and Mutual Funds Investments. Additionally, the company does not impose clearing member charges, which makes it more customer-friendly.

Fyers

Name	Fyers
Founded	2015
Founders	Shreyas Khoday, Tejas Khoday, and Yashas Khoday
Active Clients	2,04,904

Fyers is a discount brokerage firm that came into existence in 2015. It is known for its state-of-the-art tech platform and focuses on empowering active traders. Fyers has created a niche for itself with its advanced features, such as free equity delivery trades, a flat brokerage fee of ₹20 or 0.03% across other segments (capped at ₹20), and tools like algo trading, market depth scanners, and option strategy builders. Although their platform caters more towards experienced investors looking for a powerful toolkit, Fyers’ focus on innovation and low costs makes them an attractive option for active traders who want to maximize their returns. They also provide special low fees and streamlined account opening for NRIs. However, it’s important to note that they may not be the most beginner-friendly option due to their focus on advanced features.

Kotak Securities

Name	Kotak Securities
Founded	1994
Founders	Jaideep Hansraj
Active Clients	10,86,716

Kotak Securities, a member of the Kotak group, was a full-service broker before introducing its Trade FREE Plan in November 2020, which offers a unique approach to India’s discount brokerage model. This plan, also known as the Free Intraday Trading (FIT) plan, allows zero brokerage for intraday trades across various segments.

For all other future and options (F&O) trades, including equity, commodity, and currency, Kotak Securities sets the brokerage at Rs. 20 per order under the TRADE FREE PLAN. The plan’s key features include no brokerage charges on intraday trades, a nominal charge of Rs. 20 per order for other F&O trades, and a currently waived Rs. 499 opening charge for the Demat account. Kotak Securities provides a wide array of investment options and research reports to its clients while offering full broker services at a discounted rate. The fee structure includes zero account opening charges and an annual maintenance charge of Rs. 50 per month, and 0.25% of the transaction as delivery brokerage charges.

IIFL Securities

Name	IIFL Securities
Founded	1995
Founders	Nirmal Jain
Active Clients	15,00,000+

IIFL Securities is a prominent player in the Indian stock market, known for combining full-service expertise with the benefits of discount broking. Under its discount broking plan, it charges a flat fee of ₹20 per trade, making it a cost-effective choice for active traders. The platform offers advanced research tools, in-depth reports, and robust customer support to help investors make informed decisions and is one of the biggest stock broker in India.

With seamless trading access across mobile and desktop platforms, IIFL Securities caters to both beginners and seasoned investors. It also provides portfolio management solutions and a wide range of investment products, making it a comprehensive solution for trading and wealth creation.

How to Choose the Right Discount Broker?

Now that you’ve learned about certain greatest discount broker firms, you’ll need to learn how to choose a reputable discount broker. Here are some things to consider while selecting a discount broker:

Brokers Fee

Verify that the broker’s fee is as low as possible if you transact frequently. It’s critical to evaluate intermediaries and pick the one with the finest and least expensive price.

Trading Interface

Pick a trading interface that makes things easy for you, such as order placement, analysis tools, etc., so that you can get the most out of it. It’s also important to look at the service provided by the discount broker, as this aids in making it a streamlined experience for the investors.

Margin Trading

Margin trading is an important factor to consider when choosing a discount broker because it distinguishes between two brokers.

These are the most important factors to consider when selecting a discount brokerage firm. Also, keep an eye out for additional fees, broker reviews, distribution structure, electronic trading terminals, and discount broking company’s financial strength when deciding on a broker.

Advantages of Online Brokers

In comparison to conventional full-service brokers, they offer the lowest brokerage fees. This enables investors to earn from a deal with a low transition point.
They provide an electronic trading interface that allows investors to buy and sell easily and swiftly.
One of their finest features is that they provide the same services to large and small investors alike.
They are fairly trustworthy as all of their transactions are visible since everyone has access to the margins estimator.
Several offer their users instructional video training to assist them in trading with them for a while.

Disadvantages of Online Brokers

• They don’t offer free consultation, while full-service brokers do.

• They allow you to open both a trading and a Demat account.

• They usually function remotely, so if you require branch assistance for documentation, you’ll have to find another solution.

• They don’t provide investment management services. A full-service broker is an ideal alternative for you if you want a portfolio manager.

Conclusion

You must use a discount broker if you are tech proficient, can perform your transactions by yourself, your trades are small, and don’t need further analysis or add-on services or trading support. There are numerous discount brokers in India; however, you must select the appropriate stock broker according to your needs.

FAQs

Which is the No. 1 stockbroker in India?

Groww is considered one of the best stock brokers in India. It has a client base of 70,92,413 active clients.

What is a discount broker?

A discount brokerage firm charges lower fees than traditional full-service brokers, typically offering self-directed investing with limited guidance. They focus on trade execution at low costs, leaving investment decisions to the client.

How to be a broker in India?

Meet eligibility: Indian citizen, 21+, 10+2 education, 2+ years experience in financial services.
Pass exams & register for NSE/BSE certification, SEBI RIA exam/IRDAI license (depending on broker type).

Which is the best discount broker in India?

Zerodha, 5paisa, Groww, Angel One, and Upstox are some of the best discount brokerages in India.

Are discount brokers safe in India?

Yes, your money is safe with discount brokers, but they will not advise about the risks of the investment like a full-service brokerage.

July 28, 2025

Top 10 Best Trading Apps in India for Beginners to Earn Money | Best Mobile Trading Platforms 2025

Mobile cryptocurrency trading has seen a tremendous surge in India due to the increased number of beginners who started using apps before getting into real trading. The trend of trading via smartphones is going to another level with its user-friendly and seamless trading experience.

Nowadays, trading apps have become quite common among youths. People have started preferring mobile trading rather than traditional trading. Moreover, cryptocurrencies have also become the latest fad among youths. India ranks 2nd in the world in crypto adoption.

Despite the risk, cryptocurrency platforms have successfully been able to hook young Indians by offering a seamless user experience. Even inexperienced youths are busy exploring these crypto trading apps.

In order to make your trading experience more confident, we have compiled a list of the safest online stock trading and crypto trading apps in India. You can have a look at these lists and analyze which apps suit you best.

List of Top 10 Trading Apps in India

S.No.	Platform	Active Clients (approx.)	Brokerage Charges	Key Feature
1	Zerodha Kite	1.2 crore+	₹20 per trade (equity intraday & F&O)	Advanced charting & lowest brokerage
2	Upstox PRO	60 lakh+	₹20 per trade (equity intraday & F&O)	Fast order execution & rich indicators
3	Angel Broking	40 lakh+	₹20 per trade (equity intraday & F&O)	Personalized advisory & research
4	Motilal Oswal	15 lakh+	% based (0.3% delivery, 0.03% intraday)	Strong research & wealth management
5	5Paisa	25 lakh+	₹20 per trade (equity intraday & F&O)	Flat brokerage & robo-advisory
6	India Infoline	10 lakh+	% based (0.25% delivery, 0.03% intraday)	Research-backed investment options
7	Kotak Securities	12 lakh+	Free intraday, 0.25% delivery	Zero brokerage intraday & full-service support
8	Groww	55 lakh+	₹20 per trade (equity intraday & F&O)	Easy-to-use app & direct mutual funds
9	Dhan	8 lakh+	₹20 per trade (equity intraday & F&O)	TradingView integration & speed
10	Paytm Money	9 lakh+	₹20 per trade (equity intraday & F&O)	Low-cost investing & mobile-first platform

List of Safest Online Crypto Trading Apps in India

S.No.	Platform	Key Feature	Suitable For
1	Binance	World’s largest crypto exchange by volume	Experienced traders & large-volume traders
2	Coinbase	User-friendly platform with strong security	Beginners and institutional investors
3	WazirX	Popular Indian crypto exchange with P2P feature	Indian crypto users & P2P traders
4	Trading View	Advanced charting and social trading platform	Technical analysts & social traders
5	Bitfinex	High liquidity with advanced trading options	Professional traders & margin traders
6	Kraken	Robust security and wide range of cryptocurrencies	Security-conscious traders & global users

List of Safest Online Stock Trading Apps in India

Someone who’s stepping into the world of the stock market needs to have the proper stock trading app from an authorized stock trading platform. Since they’re beginners, they want the safest, most user-friendly, and most legitimate platform to start their trading journey.

So, here is a list of online stock trading apps offered by legit discount brokers that would help you to buy or sell stocks with simple steps.

Zerodha Kite

Platform	Zerodha Kite
Founded Year	2010
Headquarters	Bengaluru, India
Special Feature	Advanced charting with 100+ indicators, seamless order execution, API for algo trading

Zerodha Kite is one of the best and safest trading apps and the number 1 stockbroker in the country, making it the best trading app for beginners in India. The app has a user-friendly platform with streaming market data, advanced charts, an elegant UI, and more. Zerodha is India’s first discount brokerage company.

For intraday trading of stocks and futures (i.e., when you buy and sell the stock on the same day), the brokerage charge is 0.03% of turnover or INR 20, whichever is lower per executed order.

Zerodha can be the best choice for a beginner as well as an experienced individual.

Zerodha Trading | Full Tutorial

Upstox PRO

Platform	Upstox PRO
Founded Year	2011
Headquarters	Mumbai, India
Special Feature	Fast order execution, advanced charting tools, options strategy builder, and seamless mobile trading experience

Upstox PRO is a mobile application of one of the leading discount brokers in the country, i.e., Upstox. Upstox was formerly known as RKSV Securities, and Ratan Tata backs the company.

The Upstox charges are similar to those of Zerodha, making it a discount broker and the second-best trading app in India. It is also recognized as the best trading app for beginners. Currently, you can open a Demat and trading account with Upstox for free of cost with various other benefits.

Angel Broking

Platform	Angel Broking
Founded Year	1987
Headquarters	Mumbai, India
Special Feature	Personalized advisory services, AI-powered ARQ investment engine, and extensive research reports

Angel Broking is one of the oldest players in the stock market brokerage industry. They have been in the industry for more than 30 years, and is top 5 trading app in India. They have a wide range of services, and an online trading platform is one of them. Earlier, the company used to follow a full-service model for its trading platform, but in 2019, it started following the discount broker method.

All intraday trading, i.e., stocks, futures, options, currencies, and commodities, will be charged INR 20 per trade. Angel Broking account opening charges are free, and one is exempted from paying the Annual Maintenance charge for the first year.

Motilal Oswal

Platform	Motilal Oswal
Founded Year	1987
Headquarters	Mumbai, India
Special Feature	Research-driven stock recommendations, wealth management services, and strong focus on long-term investing

Motilal Oswal (MOSL) is another major stockbroker in India who started in 1987. They have a strong network of branches and sub-brokers. The company has 1700+ branches across India. Motilal Oswal is not a discount broker. Their brokerage charges are quite higher as compared to the discount brokers.

Their research papers are considered good as they invest 10% of their profits into research. If you are a beginner who requires some guidance and doesn’t mind paying extra, then you can choose Motilal Oswal for the best mobile trading app experience.

5Paisa

Platform	5Paisa
Founded Year	2016
Headquarters	Mumbai, India
Special Feature	Flat ₹20 per trade brokerage, robo-advisory, and easy-to-use mobile app for trading and investing

5Paisa is also known as one of the best trading platforms and a discount broker in India. The company, promoted by IIFL (India Infoline), offers a unique feature of guest login. Using this feature, one can avoid giving their personal details to check the app and end up getting unsolicited emails, calls, and messages from the service provider.

All intraday trading, i.e., stocks, futures, options, currencies, and commodities, will be charged INR 20 per order that is executed. The rates are similar to other discount brokers such as Upstox, Zerodha and Angel Broker.

India Infoline

Platform	India Infoline
Founded Year	1995
Headquarters	Mumbai, India
Special Feature	Comprehensive research reports, wide investment options, and strong customer support

India Infoline (IIFL) is a full-service stockbroker. It is a reputed stock broker in India that was established in 1995. IIFL’s brokerage charges are higher than those of other discount brokers.

The company provides personalized service to all its clients, and if someone is looking for a company that will guide and support them through research and recommendations, then they can choose IIFL. They provide stock tips to make a better decision.

Kotak Securities

Platform	Kotak Securities
Founded Year	1994
Headquarters	Mumbai, India
Special Feature	Zero brokerage on intraday trades, full-service brokerage with research and advisory

Kotak Securities is an excellent choice for new investors, offering a hassle-free account opening process with no fees and discounted rates for those under 30. Their intuitive trading app is available on multiple platforms and provides access to diverse investment options, such as stocks, IPOs, derivatives, mutual funds, and global investment opportunities. In addition to its user-friendly interface, the platform offers several valuable features, such as margin funding, live portfolio tracking, and comprehensive stock analysis tools.

Kotak Securities stands out among other trading platforms because it offers zero account opening charges and competitive brokerage rates of 0.25%. With over 10 lakh Android downloads, their mobile app is user-friendly and allows for seamless trading experiences. Additionally, their refer and earn program rewards users with referral points equivalent to 15% of the referred transactions, incentivizing them to grow their network. Kotak Securities is committed to making investing accessible and affordable for everyone, with no initial financial barriers and competitive brokerage rates.

Groww

Platform	Groww
Founded Year	2016
Headquarters	Bengaluru, India
Special Feature	User-friendly platform offering direct mutual funds, stocks, ETFs, IPOs, digital gold, and F&O trading

Groww has a simple pricing structure that follows a flat fee model for brokerage charges. This model charges a minimum brokerage of 0.05% and a maximum of INR 20 across all trading segments, including Equity Delivery, Intraday, and F&O. This provides investors with transparency and cost-effectiveness. Moreover, account opening and maintenance are free, and there are no charges for Demat account upkeep, making it more accessible for users. The platform offers a wide range of investment options, such as stocks, mutual funds, gold, US stocks, and fixed deposits, and provides robust security measures to safeguard customer data and transactions through encryption and verification protocols.

Groww offers various tools like live market updates, stock screening, portfolio tracking, SIP calculator, and smart alerts for informed decision-making. Users also receive expert guidance and support from a dedicated team of analysts who provide research reports, recommendations, tips, and insights. With 24/7 customer support, Groww ensures a seamless investment experience for its users.

Dhan

Platform	Dhan
Founded Year	2021
Headquarters	Mumbai, India
Special Feature	TradingView & ChartIQ integration, fast order execution

Dhan is a modern trading app designed for both active traders and long-term investors. Known for its fast trade execution and advanced options trading tools, it offers real-time market data, backtesting, and API access for algorithmic trading, making it ideal for options traders and algo developers seeking a technical edge.

The platform also stands out for its innovative features, competitive pricing, and strong focus on user education. Unlike many brokers, Dhan charges no account maintenance fees and no brokerage on stock delivery trades, which appeals to long-term investors. For intraday trades, it applies a flat fee of INR 20 per order or 0.03% of trade value, whichever is lower.

With advanced charting tools, fractional share investing, access to US stocks, and a user-friendly interface, Dhan offers a blend of affordability, technology, and educational support—making it a compelling choice for traders at every level.

Paytm Money

Platform	Paytm Money
Founded Year	2017
Headquarters	Bengaluru, India
Special Feature	Direct mutual fund investments, stock trading, NPS, digital gold

Paytm Money, a subsidiary of One97 Communications, was launched to make investing simple and accessible for India’s young and first-time investors. Headquartered in Bengaluru, the platform focuses on providing seamless digital investment solutions through its mobile app and web interface.

The platform offers paperless account opening, easy fund transfers, and zero-commission stock investing, along with mutual fund investments featuring SIPs, risk profiling, and real-time portfolio tracking. Backed by major investors like Ant Group and SoftBank, Paytm Money is strategically positioned to cater to the rising wave of digitally savvy millennials seeking effortless entry into the financial markets.

List of Safest Crypto Trading Apps in India

Like the stock trading app, there are crypto trading apps meant for buying or selling underlying coins via an exchange.

Crypto Trading Apps provide a platform to consider the movement of cryptocurrency prices. One can buy or sell cryptos like Bitcoin using Indian Rupee in simple steps using these mobile apps.

Binance

Binance, established in 2017, is a platform for trading cryptocurrencies. It is considered one of the largest cryptocurrency exchanges in the world based on its trading volumes. The platform focuses strongly on Altcoins. An altcoin is an alternative digital currency to Bitcoin. It refers to a group of cryptocurrencies, ultimately all the cryptocurrencies other than Bitcoin.

The platform charges 0.1% from the taker and 0.1% from the maker’s side. You can choose Binance for trading cryptos if you want to invest in lesser-known cryptocurrencies.

Coinbase

Coinbase is also a cryptocurrency platform founded in 2012. It is a secure platform for buying, selling, and storing cryptocurrencies and is quite popular in the United States.

Coinbase charges around $0.99 to $2.99 depending on the dollar value of the purchase. Their user interface is considered to be very simple, and the transactions are highly liquid.

WazirX

WazirX is an Indian cryptocurrency trading platform that is owned by the global cryptocurrency exchange Binance. WazirX has the highest trading volume compared to any other cryptocurrency exchange in India.

WazirX claims a $2.3 billion monthly volume with a registered user base of around 1.75 million. As per CoinMarketCap, WazirX was the 27^th top cryptocurrency exchange globally in terms of liquidity, traffic, trading volumes, and confidence in the legitimacy of the trading volumes.

Trading View

Trading View is a stock market trading and investing platform. It is one of the best platforms for beginners as it provides an option for paper trading. Paper trading is a method where the platform provides you with an imaginary amount and lets you pick trades in an imaginary stock market.

The platform provides an experience of what the real market looks like and how trading feels exactly. Also, there is an option to trade in cryptocurrency exchanges as well.

Bitfinex

Bitfinex is a cryptocurrency trading platform owned and operated by iFinex Inc, which is registered in the British Virgin Islands. The platform was launched in 2012 and deals with all sorts of cryptocurrencies around the world.

Bitfinex is the leading exchange for USD-denominated Bitcoin trading. It offers to order books with top-tier liquidity, allowing users to easily exchange Bitcoin, Ethereum, EOS, Litecoin, Ripple, NEO and many other digital assets with minimal slippage.

Kraken

Kraken is a cryptocurrency platform where you can trade all kinds of cryptocurrencies using fiat currencies. You can use fiat currencies such as U.S. Dollars, Canadian Dollars, Japanese Yen, and Euros.

Conclusion

They offer a trading platform with all sorts of required features for individual cryptocurrency traders as well as large trading firms. Kraken is one of the top leaders in cryptocurrency exchanges.

Everyone (be it a trader investor or youth) has started to lean more towards the discount brokers who are offering their best online trading mobile app service. Hence, these trading apps are considered to be the best and safest in the marketplace.

Disclaimer: All the above-mentioned data are based on our research. Use these apps only after thorough research from your side.

FAQs

Which are the best stock trading apps for beginners in India?

The safest online trading apps in India are as follows:

Zerodha Kite
Upstox PRO
Angel Broking
Motilal Oswal
5Paisa
India Infoline Markets
Binance
Coinbase
WazirX
Trading View
Bitfinex
Kraken

How much money do day traders make in India?

It depends on who is trading. If a non-skilled trader is trading, it is highly likely that he/she will lose money. But if a skilled trader is trading, he/she can make up to ₹1 lakh per day with ₹1 crore of investment, i.e., 1%.

Who are the prominent traders in India?

Some prominent traders in India include Radhakishan Damani, the founder of D-Mart, and Nemish Shah, the co-founder of Enam Holdings.

Is online trading safe?

Online trading is as safe as offline trading. It has grown over 100% in India due to an increasing number of beginners who have started using the apps before getting into real trading.

Is Zerodha good for beginners?

Zerodha is considered the best discount broker for beginners in the trading market as its brokerage charge is 0.03% of turnover or INR 20, whichever is lower per executed order.

What is WazirX?

WazirrX is an Indian cryptocurrency trading platform that is owned by the global cryptocurrency exchange Binance. WazirX has the highest trading volume compared to any other cryptocurrency exchange in India.

Is Kite Zerodha safe?

Zerodha is a safe, legitimate, and genuine stock broker in India. SEBI regulates it and is a debt-free company.

Which is the best mobile trading app in India?

According to user reviews and industry rankings, IIFL Markets is often considered the best mobile trading app in India for its user-friendly interface and comprehensive features.

Which trading app is best for beginners?

Groww and Paytm Money are best for beginners in India because they are simple, low-cost, and easy to use.

July 28, 2025

Impact of Discount Brokerage Firms on the Stock Market

The Indian stock market is going through a major transformation, all thanks to the rise of discount brokerage firms! As more and more people are entering into the stock market, the term “Discount Broker” has become increasingly prevalent.

Surprisingly, over 70% of the new Demat (dematerialized) accounts initiated in both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) are facilitated by these ‘discount brokerage firms’. When individuals opt to open new demat accounts, they prefer selecting the best discount brokers in India.

Why Are Discount Brokerages Needed?
What Is Discount Brokerage?
Impact of Discount Brokerages
How Did It Begin?

Zerodha
Upstox
5paisa
Angel Broking
Groww

Why Are Discount Brokerage Firms Becoming the Preferred Choice for Retail Investors?
Impact on Market Dynamics
Challenges and Opportunities
Conclusion

Why Are Discount Brokerages Needed?

Discount brokerage firms help investors save big on brokerage fees, take control of their investments, and provide access to the latest information and technology to trade anywhere, anytime, and with minimal funds.

Trading with the help of the best discount brokers can lead to substantial savings, with potential reductions of up to 90% on brokerage fees. Additionally, individuals can access a user-friendly interface, real-time market data, analysis, news, charts, and key takeaways without paying much as brokerage fees.

A few years ago, trading stocks at any time or place, making payments, big trades, and figuring out brokerage and tax components before trading was tough. However, discount brokers have significantly streamlined this process, and made trading a ‘routine’ for any common man.

“Each and every Indian is enjoying the fruit of development. So, to that extent, when we see the last few years, it is the small investors from tier 2, and tier 3 cities are joining the capital market and enjoying the growth that we are seeing in the capital market. That is something very, very important for the development of India and for the capital market,” – Securities & Exchange Board of India SEBI Whole Time Member Kamlesh Chandra Varshney said in a capital markets summit in Mumbai on February 19.

Even small investors or the common man can now maintain an account, trade, invest, buy, or sell stocks daily, monthly, and annually with minimum brokerage fees.

What Is Discount Brokerage?

Discount brokerage firms are like your auction assistants but with a twist – they guide you through buying or selling stocks. These firms give access to the stock exchange, just like traditional brokers, but at a fraction of the cost.

With their user-friendly platforms and affordable services, discount brokerage firms make stock trading easy and capital markets have become accessible for everyone. Discount brokers use technology to keep costs low and put the power of trading in your hands.

“The capital market too comes with inherent risks and individuals must exercise due diligence before making investments. Phones have become a convenient tool in the investment process and individual investors rely heavily on it. There is a need to enhance investor’s awareness of the risk posed by technology. Today cybersecurity and threats to tech resilience have emerged as the biggest threat in the capital markets and are giving sleepless nights to the stakeholders,” – Securities & Exchange Board of India (SEBI) Whole Time Member Ananth Narayan Gopalakrishnan said at a summit.

Unlike traditional brokers, these low-cost brokers skip the extras like investment advice and research reports. But, they’re experts in technology and market trends, always staying ahead of the game. Discount brokers charge over 60% less than full-service brokers. And they give free trading software to all their customers.

Top Stock Brokers Based on Active Client — Top Stockbrokers Based on Active Clients

Impact of Discount Brokerages

Discount brokerage platforms have significantly reformed the landscape of stock market participation in India. With their competitive pricing models and high technology, they have opened up new opportunities for retail investors like never before.

As of December 2023, Zerodha has the largest client base with over 64 lakh clients, which is about 20% of the total Demat account holders in India. Second, comes Groww with a 53 lakh client base which is 16% of the total numbers. These figures underscore the growing popularity of discount brokerage platforms among retail investors.

These discount brokerages have empowered a new generation of investors, including millennials and first-time traders, to engage actively in the stock market. As a result, the stock market has seen a surge in retail participation, with a significant portion of trading volumes attributed to individual investors using discount brokerage platforms.

Overall, discount brokerage firm’s innovative approach to pricing and technology has made stock trading more accessible and affordable, paving the way for a more inclusive and dynamic market ecosystem.

How Did It Begin?

The discount brokerage industry in India started to gain momentum in the early 2010s with the emergence of online discount trading platforms, led by Zerodha, which was the first to offer flat-fee trading services.

Since then, several other players have joined the market. Here are some of the prominent players, who have helped the common man dive into the stock market:

Zerodha

Established in 2010, Zerodha is one of the largest discount brokerage firms in India. It pioneered the concept of discount brokerage in the country and has since grown exponentially, capturing a significant market share with its low-cost trading platform and innovative offerings.

“We just introduced two new cool features on @zerodhaonline Console: Timeline and Stock Insights, both powered by @Tijori1,” Zerodha online CEO and Founder Nithin Kamath said in a tweet on February 13.

We just introduced two new cool features on @zerodhaonline Console: Timeline and Stock Insights, both powered by @Tijori1.

Timeline

If you invest in stocks, tracking all the events that can affect your investments and developments in one place is hard. You’ll have to switch… pic.twitter.com/THAPk7e4y2

— Nithin Kamath (@Nithin0dha) February 13, 2024

Post of Nithin Kamath (Founder & CEO of Zerodha) on X

Upstox

Upstox (formerly RKSV Securities) is another leading discount brokerage firm known for its low brokerage fees, advanced trading platforms, and robust technology infrastructure. It has gained popularity among retail investors for its user-friendly interface and competitive pricing.

5paisa

Launched in 2016, 5paisa is a disruptive player in the discount brokerage space, offering a wide range of financial products and services at competitive rates. With its emphasis on digital innovation and customer-centric approach, 5paisa has emerged as a formidable competitor in the market.

Angel Broking

While traditionally a full-service brokerage, Angel Broking has adapted to the changing market dynamics by introducing discount brokerage services under its Angel Broking Prime brand. It offers discounted brokerage plans and advanced trading platforms to cater to the evolving needs of investors.

Groww

Groww is a fintech platform that started as a mutual fund investment platform but has since expanded its offerings to include discount brokerage services. With its user-friendly interface and zero-commission trading model, Groww has attracted a growing base of retail investors.

These discount brokerage firms, along with others in the market, have disrupted the traditional brokerage model by offering low-cost trading solutions, innovative technology platforms, and a customer-centric approach. Their emergence has widened stock market participation, empowering retail investors and challenging established players in the industry.

Here are the key differences between traditional brokers and discount brokers:

Feature	Full-Service Broker	Discount Broker
Services Provided	Offer a wide range of services including research, advisory, and portfolio management	Typically provides basic trading services with limited research and advisory support
Brokerage Fees	Charge higher brokerage fees and commissions	Charge lower brokerage fees, often flat-rate or based on transaction volume
Investment Minimums	Often require higher minimum investment amounts	Have lower or no minimum investment requirements
Trading Platforms	Provide advanced trading platforms with additional features	Offer simple, user-friendly trading platforms
Customer Support	Offer personalized customer support and dedicated relationship managers	Provide basic customer support with limited personalization
Investment Advice	Offer investment advice and recommendations	Provide minimal investment advice and recommendations
Additional Services	Offer add-ons such as wealth management and financial planning	Typically do not offer additional services beyond trading

Why Are Discount Brokerage Firms Becoming the Preferred Choice for Retail Investors?

Low-Cost Advantage: Discount brokers offer the lowest brokerage charges compared to full-service brokers. This cost-efficient model allows traders to convert trades into profits with a lower Break-even Point (BEP), making investing more accessible to a wider audience.
Online Trading Terminal: One of the hallmarks of discount brokerage firms is their centralized online trading terminals. These platforms provide investors with user-friendly interfaces and real-time market data and analysis, empowering them to manage their investments wisely and efficiently. Moreover, these services are often provided free of cost, enhancing the overall trading experience.
Unbiased Offerings: Regardless of the investor’s size or investment portfolio, discount brokers provide equal access to securities. This unbiased approach ensures that all clients have access to the same investment opportunities, leveling the playing field for both individual and institutional investors.
Low Transactional Costs: Discount brokers leverage their high trading volumes to offer lower transaction costs to clients. This cost-saving benefit enables investors to execute trades more frequently without incurring substantial fees, thereby maximizing their long-term potential returns.
Transparency: Transparency is paramount in the discount brokerage model. These firms offer clients 100% transparency in their costs, providing access to brokerage calculators, margin calculators, charges sheets, and trade confirmations. This transparency fosters trust and confidence among investors, more retail participation, and enables them to make informed and unbiased decisions.
Client Education: Education is key to success in the stock market, and discount brokerage firms recognize this. They offer a wealth of online educational resources, including video tutorials and market insights, to empower clients with the knowledge needed to navigate the financial markets effectively.
For Example: Zerodha Varsity stands out as a market leader in investor education, offering a comprehensive collection of financial resources. Similar to Zerodha Varsity, Upstox Learning Centre is dedicated to providing fundamental lessons to investors. Groww’s Blog is another platform that pursues a similar strategy of educating investors by offering insightful articles and market analysis.
Financial Education: In India, financial literacy is very low. People are hesitant to invest in the stock markets, they usually prefer investing in traditional investment tools like the fixed deposit and provident funds. But brokerage firms have broken this norm and addressed the status quo, by providing comprehensive educational resources and empowering users with valuable knowledge.
These platforms are transforming the way investors approach the markets. With access to these educational platforms, investors can equip themselves with the skills and insights needed to navigate the complexities of the financial world confidently.
No Misleading Practices: Unlike some full-service brokers, discount brokerage firms refrain from setting brokerage or third-party product sales targets for their employees. This commitment to integrity ensures that clients receive unbiased advice and recommendations tailored to their individual investment goals.
Paperless Account Opening: With the convenience of Aadhar Number verification, discount brokers offer seamless and paperless account opening processes. Investors can open online trading accounts in a matter of minutes, eliminating the need for cumbersome paperwork and expediting the onboarding process.
No Minimum Brokerage: Unlike full-service brokers, discount brokerage firms do not impose minimum brokerage charges. This means that even investors trading in penny stocks or smaller volumes can benefit from the low-cost advantages offered by discount brokers.
Flat Brokerage Charges: Discount brokers charge flat brokerage fees, such as Rs 20 per trade (Zerodha’s leading discount brokerage charges for Futures & Options), irrespective of the trade volume. In contrast, full-service brokers typically charge based on a percentage of the trading volume, resulting in higher costs for investors.

The drive for financial inclusion in India, the digitalization of the economy and the emergence of discount brokers have led many people to opt for fishing in the stock market. The surge in Demat account registrations has been propelled by the competitive brokerage rates and streamlined onboarding procedures facilitated by digital brokerage platforms.

The digital economy’s share of India’s GDP has grown significantly, rising from around 4-4.5% in 2014 to a projected over 20% by 2026.

Currently, only about 7-8% of Indians have Demat accounts. The number of Demat accounts has increased to 14 crore accounts as of January 2023. Finance experts are of the view that the number of Demat accounts in India will cross the 25 crores milestone by the year 2030.

In December 2023, there was a surge in new investor accounts, with nearly 4 million opened with the Central Depository Services (CDSL) and an additional half a million with the National Securities Depository (NSDL), it reflects a notable increase in interest and participation in the stock market.

“India is the fastest growing economy in the world. Our capital markets are also performing well. We exceeded the $4 trillion market cap for NSE. And the number of Demat accounts has grown up to more than 14 crores. It is important to become prosperous, not only in our immediate future but in the long-term we invest in the market infrastructure, and provide opportunities for all citizens in our region to reach their potential. The retail participation from urban and rural India in capital markets has been growing strongly with more and more SIP (systematic investment plan) accounts as well as direct investments clearly indicating the growth of the economy,” said Department of Investment and Public Asset Management (DIPAM) Secretary Tuhin Kanta Pandey said in an Assocham event on February 19.

Overall, discount brokerage firms have emerged as a game-changer in the world of investing, offering cost-effective solutions and empowering investors to take control of their financial future.

Leading Equity Brokerage Firms in India in Financial Year 2022, by Number of Active Clients

Impact on Market Dynamics

The influx of retail investors facilitated by discount brokerages has significantly altered market dynamics. Increased retail participation has led to heightened trading volumes and market volatility, influencing stock prices and the overall market sentiment.

With the help of low-cost brokerage firms, more people are starting to invest in the stock market. This is happening for a few reasons. First, there aren’t as many good places to save money anymore, and interest rates are meager.

Furthermore, the democratization of investing has empowered individuals from diverse backgrounds and mindsets to engage with financial markets, fostering a more inclusive and dynamic trading environment.

Challenges and Opportunities

While discount brokerage brings undeniable benefits, it also presents challenges and opportunities for market stakeholders. Traditional brokerage firms are forced to adapt or risk becoming obsolete in the face of intensified competition. Regulatory bodies must navigate the evolving landscape to ensure investor protection and market integrity. Meanwhile, innovative fintech startups are seizing the opportunity to disrupt the market further, introducing novel technologies and services to cater to evolving investor needs.

Conclusion

The impact of discount brokerage on India’s stock market is undeniable, with far-reaching implications for investors, market participants, and regulatory bodies alike. As the industry continues to evolve, stakeholders must embrace change and seize the opportunities presented by this transformative shift. With innovation and adaptability, India’s stock market is primed to thrive in the era of discount brokerage.

Key Takeaways

A discount broker is a stockbroker who carries out stock transactions (buy and sell orders) with less or no commissions.
Discount brokers do not provide the personalized investment advice or guidance provided by a full-service broker.
Discount brokers offer low-cost trades, online account management, research tools, and educational resources.
Discount brokers comprise a large section of the fintech industry.

Don’t think too much…join the revolution and start trading smarter with discount brokerage firms today!

March 1, 2024

Zerodha vs 5paisa: The Top Contenders In The Brokerage Industry

This stock broker comparison is between two of the biggest discount brokers in India. This article will compare 5paisa and Zerodha based on their brokerage charges, account opening charges, maintenance charges, exposure margin, trading platform and more. This comparison will help highlight the major difference between these two brokers to help you find the best on your preference.

A brief history on Zerodha

Zerodha is the biggest private discount broker in India and was founded in the year 2010 by Nitin Kamath. It is known to be one of the best for traders and investors looking for low brokerage, reliable trading platform and easy interface. It has over 2.2 million clients that contribute over 15% of daily retail trading volumes across NSE, BSE and MCX. Zerodha is the largest stockbroker in India and is headquartered in Bangalore. It offers zero brokerage on delivery trading and a flat rate of 0.03% or Rs 20 per executed on other segments.

Zerodha offers a zero brokerage charges for delivery equity investment and direct mutual fund investments. For the other services like F&O, currency and commodity trades across NSE, BSE, and MCX it offers a flat brokerage of flat Rs 20 irrespective of the trading volume. The number of active clients on NSE is 9,09,008 as of November 2019. The other services it offers it offers Direct Mutual fund investments, Kite APIs.

Zerodha vs. 5paisa logo

A brief history on 5paisa

5paisa is a public discount broker that provides you the platform to trade in stocks, futures and other option at the lowest cost of Rs 20 flat per trade, even if you trade 10 crore. It is headquartered in Mumbai and is a part of India Infoline (IIFL). It is leading non-banking financial institution in India with two decade long experience as it was initially incorporated in 1995. 5paisa was relaunched in 2016.

It was reintroduced new brokerage model for online retail broking services and also got demerged itself from IIFL so that it can get listed on the stock exchange. 5paisa capital started trading on NSE/BSE in November 2017 making it the first to be listed in the financial digital marketplace. 5paisa capital provides a platform for all financial products which include equities, derivatives, mutual funds, commodities, bond and debentures, insurance and personal loans.

The account opening process for 5paisa is totally paperless based on Aadhaar. 5paisa provides the trading facility in mobile, browser and desktop platforms. The number of active clients on NSE is 1,06,280 as of November 2019. The other services it offers are Mutual Fund Investments, Research reports, etc.

The side by side comparison of 5paisa and Zerodha

5paisa vs Zerodha Charges and AMC

5paisa trading account charges is Rs 650 while Zerodha takes Rs 200 as account opening charges. 5paisa Demat Account AMC (annual management charges) charges is Rs 540 which is charged at Rs 45 per traded month and Zerodha Demat account AMC charges is Rs 300.

Types of AMC	5paisa	Zerodha
Trading Account Opening Charges	₹650	₹200
Trading Account AMC Charges	free	free
Demat Account Opening Charges	free	free
Demat Account AMC Charges	₹540 (₹45 per trade)	₹300

About brokerage plans and brokerage charges

Both the platforms do not provide multiple, monthly or yearly plans and only offer single broker plans. But when it comes to brokerage plan details 5paisa is a discount broker which charges a flat fee of Rs 20 per executed order for equity cash and equity F&O, including currency and commodity. This is the lowest brokerage plan offered by the offered by the best brokerage house in India. Zerodha on the other hand, charges Rs 20 or .03% whichever is lower for equity intraday, F&O, currency and commodity. No other upfront brokerage or turnover commitments on your trade.

Brokerage Charges	5paisa	Zerodha
Plan Name	Flat Fee Rs 20 Trading Plan	Max Rs 20 per order Trading Plan
Equity Intraday, Futures, Options	Flat Fee Rs 20	0.03% or Rs 20 whichever is lower
Currency Futures, Commodity Trading	Flat Fee Rs 20	Flat Fee Rs 20
Call & Trade Charges	Rs 100 per call(No limit of orders)	Rs 50 Per Executable Order

Demat account opening charges

This table shows the difference demat services that both the broker services provide and its charges.

Demat account	5paisa	Zerodha
Demat Account Opening Fee	Nil	₹50 (Stamp charges payable upfront)
Demat Account AMC	₹540 (Charge ₹45 per traded month)	Individuals/Non Individual – ₹300 + GST Non Individual – Corporate – ₹1000
Dematerialisation Charges	₹15 per certificate + ₹40 as postal charges	₹150 per certificate (+ ₹100 Courier charges)
Rematerialisation Charges	₹15 per certificate or ₹15 for every 100 securities or part thereof whichever is higher + ₹40 for courier	₹150 per certificate + CDSL charges + ₹100 Courier charges
Transaction Charges (Debit or Sell)	₹12.50 per transaction per script	• Market Trades: ₹8 + ₹5.5 •Off-Market Trades: 0.03% of ₹25 whichever is higher

Order Types

The main Orders that all the broker platforms offer are CNC order (cash and carry), MIS order (margin intraday squareup), NRML order (normal margin). There four types of orders Cover orders provides additional margin and are placed for an compulsory stop loss and this is a intraday position. The second one is the Bracket order where you lock in a profit by bracketing an order with two opposite side orders. This will help you get a higher margin and limit your loss.

The third order is the after market order that are sent to exchange on the next day. The last one is GTC which are Good Till Cancelled order, which means you can buy or sell equity limit orders and your orders will remain in the system until its executed.

Order Types	5paisa	Zerodha
CNC, MIS and NRML orders	yes	yes
Cover order and Bracket order	yes	yes
AMO-After Market Orders	yes	yes
GTC-Good Till Cancelled	yes	yes

Investment offering

Investment offers contain Equity Derivatives (on both exchanges NSE/BSE), Commodity Trading (both brokers offers this on MCX), Online Mutual Fund Investment (offered on online mutual fund investment option) and Portfolio Management Services (both the brokers don’t offer this).

Investment Offering	5paisa	Zerodha
Equity Cash and F&O	yes	yes
Currency Deravitives and Commodity	yes	yes
Mutual Funds and ETF	yes	yes
Bond / NCD	yes	yes

The PROS and CONS of Zerodha

PROS:

Free equity delivery traders. No brokerage charges for Cash-N-Carry orders.
Zero brokerage charges for delivery trading across segments and exchanges with a maximum brokerage of Rs 20.
Excellent trading platforms (KITE) available for free.
Easy and fast online account opening with simple and flat brokerage model in all other segments and exchanges BSE, NSE and MCX.
Over 10 lakh active customers and 10% of daily volume at BSE, NSE and MCX.
Zerodha Referral program offers 10% brokerage share to clients you refer.
Good Till Triggered (GTT) order are available which are similar to orders.

CONS:

Doesn’t provide stock tips, research reports or recommendations.
Call and trade is charged at extra Rs50 order and auto square off is charged at extra Rs 50 order.
Doesn’t offer 3 in 1 account.
Doesn’t offer unlimited trading plans and AMC free demat account.

The PROS and CONS of 5paisa

PROS:

Flat fee brokerage. Pay just Rs 20 per executed order with no worries about the size of the trade.
Free trading software including 5paisa mobile app and trading terminal.
Up to 20 times exposure in intraday trading and 4 times more exposure.
3.5 times more exposure in derivatives Intraday Trading.
It is the cheapest broker, flexible brokerage plans and research reports available but at an extra cost.

CONS:

Call and trade is charged at Rs 100 per call in addition to the brokerage. Any number of trades can be placed in one call.
Research and advisory is available at extra cost.
Higher exchange turnover charges in comparison to other popular discount stock brokers.
Higher demat debit charges Rs 25 per transaction.
NRI trading and Demat account is not available.
Doesn’t offer commodity trading.

The premium services offered by zerodha and 5paisa

Zerodha, being the biggest discount broker in India has over 22 lakh clients which is because of trust and brand value. Moreover, initiatives like educational facility (Varsity), investment in IPO’s from the same dashboard, free direct mutual fund investments, etc create more value for its clients. Zerodha has got a bigger range of partner products that help traders and Investors like Streak, Sensibull, Learn app, etc.

Whereas on the other hand, a few known advantages of 5Paisa over Zerodha is that they offer Research reports and robo-advisory to their clients, which Zerodha doesn’t have. However, this facility by 5Paisa is offered only to its clients with higher plans. In addition to that, the multiple flexible brokerage plans offered by 5Paisa can also be a little advantageous for volume traders.

August 29, 2020

The A-Z List Of Stock Marketing Apps
A stock market is a trading place where you can trade shares of companies. You can buy or sell a stock by people only if you can list it on an exchange. Hence, it is referred to as the meeting place of the stock buyers and sellers.

Nowadays, it is very essential for you to stay updated with every market movement. The stock marketing traders keep rising and falling on a daily basis and hourly, too. The stock market apps check the real-time streaming market price. Also a virtual portfolio, stock charts, and much more.
1. Acorns

a. Acorns Lite

You will get your personal investment account, built by experts, spare change investments. Everyday investment, investment to get a bonus, and many more.

b. Acorns Personal

In the most popular tier, you will be unlocking the financial wellness system. You will get everything that comes with Lite: a retirement account and acorns spending.

Different accounts in the tiers:
- You can save and invest every day by checking accounts.
  Invests spare change(if you wish to opt-in) and invest very little into a portfolio of ETFs. Acorns can rebalance your portfolio and help you to stay within its target allocation.
- You can save for retirement by setting easy recurring contributions. Based on your goals, employment, and income, acorns recommend the right plan. Acorns have no overdraft fees, plus fees or any fee-reimbursed ATM access nationwide.
- Diversified portfolios.
- You can do rebalancing.
- You will get access to found money partners to earn.
- Accessible through mobile and web apps.
- A dedicated support team supports investment.
- You will get access to acorns later, which is an easy way to save for retirement.
- You can get a debit card that saves, invests, and earns for you using the Acorns spend access.
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player coming in and letting the traders trade barrier-free. Yes! That has been
a reality with Zerodha since 2010. Zerodha was founded by brothers Nithin and
Nikhil Kamath. Headquartered in Bengaluru, Zerodha is a finan…

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2. Stash

Stash makes investing approachable for beginners. It has a $o account because Stash offers fractional investing. Depending on the account type, charges are $1 to $9 a month. Suppose you want a little hand-holding while building a portfolio for stocks and ETFs. Then, stash will be a good fit for you.

This stock market app offers other account options, too. You get the brokerage, bank accounts, and retirement account for $3 a month. There are also two custodial accounts, a metal debit card, and a turbocharged reward program. And a monthly investment research report for $9.

Stash is best for:
- Investors who need guidance in selecting investments.
- New investors.
- Thematic or impact investors.
Pros:
- It gives educational content and support.
- It provides Fractional shares.
- Investment offerings that are value-based.
Cons:
- There is no investment management.
- It has high ETF expense ratios.
Guide To Stock Market Shares

3. TD Ameritrade

TD Ameritrade’s best for this course offers you in-depth. And free analysis knowledge and portfolio-building steerage. $o commissions for the stock, options, and exchange-traded fund. You have got an alternative of 4 commercialism platforms. In November 2019, Charles Schwab announced the acquisition of TD Ameritrade. Meanwhile, this app continued to accept new accounts. That is emotional to him once the acquisition is finalised.

TD Ameritrade is best for:
- It has beginner investors.
- It additionally has advanced traders.
- Investor education advice
- It has a commission-free trade.
- It has fund investors.
Pros:
- It offers commission-free stock, ETF, and choice trades.
- Free analysis.
- It additionally has high-quality commercialism platforms.
- It has no account, at least.
- It has sensible client support.
- It has an outsized investment choice.
Cons:
- You get pricey broker-assisted trades.
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4. E-Trade

E-trade gives you a library of educational resources and professional-level trading. And tools to help you assemble a risk-appropriate. It also gives you a $0 commission for all stock, ETF, and trade options. In February 2020, Morgan Stanley announced a $13 billion deal to sell E-trade.

This app is best for:
- Free commissions.
- Frequent traders.
- Beginner investors.
- Research and data.
- Retirement planning help.
Pros:
- Easy to use tools.
- It gives you a large investment selection.
- Gives excellent customer support.
- Also gives you access to extensive research.
- Advanced mobile app.
- Commission-free stock and ETF.
Cons:
- The website can be difficult to navigate.
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5. Olymp Trade

Olymp Trade is the most popular online broker in the industry. It gives you the opportunity to trade in the following markets.
- Stocks
- Commodities
- ETFs
- Cryptocurrency
Benefits:
- It gives attractive spreads.
- Leverages of up to 1:400.
- There are a variety of payment methods offered that are non-verified
- It supported MT4.
- It supports many languages.
- You can give 77 assets to choose from.
- It has a low least deposit amount.
- Gives intuitive design
- It has a mobile app.
Drawbacks:
- Gives you withdrawal problems for non-verified accounts.
- It concerns dubious regulation.
- It gives you bonuses with unclear terms.
- It has only two account types.
6. IQ Option

You can use this platform to provide its purchasers with a platform to cater to commerce desires. This platform contains commerce tools that are not found in any commerce platform. Position top-up helps the dealer hold a trade open if it’s reaching a stop loss. You might use it with discipline and offer new risk management.

Trading costs And charges:
- This is often the excellence between buying for and commercialism prices.
- Fees applied for the positions controlled nightlong are referred to as swap fees.
- Intelligence quotient alternatives will begin charging €10 every month.
- The bulk of payment service suppliers don’t have any fees. There is a charge of Commission of 2.9% on cryptocurrency trades.
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7. Upstox Pro

Upstox provides low-cost trading services. There is no charge for orders placed in the equity delivery trading segment. It also provides a great trading platform and tools to the clients. This app includes Upstox Pro Web, upstox MF, and Upstox Pro Mobile. Algo Lab also provides platforms like Nest Desktop, Amibroker, Dart Stock, and Fox Trader.

Advantages:
- It places buy and sell orders on the move.
- It provides a universal search tool to find desired stocks and contracts.
- It accesses many segments, including NSE cash, features and options, and currency scrips.
- It has advanced charting tools using 100+ technical indicators.
- It has a facility to order from the charts.
- It creates customized watchlists.
- You can get price alerts on set scrips.
- It provides you access to real-time market feeds.
Disadvantages:
- It does not provide online IPO investments.
- It also does not give you online mutual fund investments.
- No portfolio summary.
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8. Stock Trainer

This app is a virtual stock trading application offering real and live world market data. It helps beginners to start by using real markets and their data. It gives customers virtual money to trade stocks. And also understanding how stock investments work. It supports 13 countries and enhances stock analysis offerings.

How it works:
1. Get an account – you have to register to use a stock trainer using your email ID or any other social network login. After registering, you will get your virtual investment money. And now, you can start your journey of stock investing.
2. Look for stocks – you have to find stocks in which you want to invest by using the company name or ticker symbol or by utilizing stock research tools. It contains top losers and gainers, insider trades, and analyst recommendations.
3. Analyze trade stocks – you can launch a stock data screen by clicking on a particular stock in the app. You can get detailed information on the stock with stock charts with time spans.
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9. Investing.Com

This is a global financial portal and internet brand. It is also composed in 24 languages and for mobile apps for Android and iOS. All these offer news, analysis, streaming quotes, and charts. Technical data and financial tools about global financial markets. It covers a wide variety of financial vehicles, including stocks, bonds, commodities, currencies, interest rates, futures, and options.
This is an online data and news website. It offers financial information but not trading services. You will get the services for free, and it does not provide investment consulting services. This is a reliable and good source of providing real-time forex data.

10. IIFL Markets

The IIFL market app is an advanced platform. This offers good investment strategies for the clients. You will get a customizable watch list and also a dashboard. The dashboard provides you with a summary of your account. And the idea of the stockbroking market.

1. Price alerts – you will get every notification about stocks. Hence, you will not miss any information.

2. Advanced widget – you will get to track stocks on your screen. Using these widgets, you can get information about trading.

3. Free guest user login – you can get this app for a lifetime as a free guest if you are not a paid user.

4. Finance and business news – you will also get all the news and updates about the financial markets.

5. Personalized watchlist – you will get with stock, currency, commodity. And futures options all in one. You will get customized column options that keep all the information.

6. Free research report – this app is the only app that provides you free research of the top 500 NSE or BSE-based companies. It will also offer users to research and provide technical support.

11. HDFC Securities Mobile Trading

You need to know about the fluctuations if you want to invest in the stock market. Hence, if you want profitability, then you will need to keep up with changes happening in the market. You will get the data to make better investments.

Advantages:
- This app helps you in trade and sends notifications about any activity that will be important to you.
- Some of the navigational and operational tools. That helps in managing your assets in an easier way.
- You can manage many accounts with multitasking.
- There is no time barrier for trading in this app.
- You will get real-time alerts to be aware of the performance of your stocks.
- Your account and transaction details are completely safe as it is protected by an effective encrypted firewall.
Disadvantages:
- This is large in download size.
- Performance is slow.
- Buy and sell is not upfront on the app.
- It is difficult to set up processes like stop loss and trigger.
- It does not have detailed reports available for clients.
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12. Money Control

This is an Indian online business news website owned by E-EIGHTEEN Dot Com (p) Ltd. This offers the user information about the news. And insights related to business in India.
This app provides the latest market data, business, and market news coverage, as well as Live TV. You can also manage the finance portfolio conversations on the message board. And other features on the app.

13. Mobile Invest

Aditya Birla’s mobile investment is an updated version. This app offers trade-in equity, derivatives, currencies, and commodities from a single platform. This provides all reports, fund transfer facilities, real-time research, and market news.

Features:
- It provides real-time quotes.
- Fund transfer – pay in and payout.
- You will get trading from mobile in 3 clicks.
- Also gives trade-in equity and F&O.
- It also has a portfolio tracker.
- It has an access ledger, control notes, transactions, and more.
- It has a single sign-on for multiple exchanges(BSE, NSE, NFO, CDS, NCDEX).
- It has a personalized dashboard.
- It also has a real-time research dashboard.
- It has advanced intraday charting.
- Word indices.
- It has voice support; you can interact through voice.
14. 5 paisa

5 paisa is a leading stockbroker. It is a traded and managed company promoted by IIFL founders. This is available in equity, commodity, and currency at BSE, NSE, and MCX. A charge of Flat 20 Rs brokerage irrespective of the trade size.

5 paisa mutual funds – it offers both regular and direct mutual funds. A charge of Flat 10 rs executed an order for online mutual funds investment.

5 paisa Demat account – This offers membership with CDSL. You will get an award for being a premier depository participant by CDSL in March 2019.

5 paisa trading platform – it includes a mobile trading app and a trading website. And installable trading terminal. You can build this platform on the latest technology. You will get recognized for the ‘best use of mobile technology in financial services.

Pros:
- IIFL is a non-banking institution with experience over 2 decades.
- As per the trading needs, you can choose from three subscriptions.
- You can use the mobile app, website, and desktop trading terminal. There is no software charge.
- It provides free technical, derivative, and fundamental research.
Cons:
- It does not provide a 3 in 1 account.
- It has high Demat debit transaction charges. It’s 25Rs or 0.025% charge for the greatest plan.
- It gives an exchange transaction charge in competition with discount brokers.
- At an extra cost of 100Rs, you will get a call and trade in the greatest plan.
- Greatest plans do not contain research and advisory services.
- Also, it does not provide NRI trading services.
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15. Stock Chart
- Investing is difficult, it makes it easier.
  It helps you by observing the extras of the market. You’ll improve your portfolio management. It’s trusty by thousands of online investors. Stock charts supply the web’s highest-quality money charts with mere easy clicks. Also, you’ll run custom scans to search out new trades or investments. And set automatic alerts for your distinctive technical criteria.
- Real-time charting where you go
  It is for the trendy capitalist. Stockcharts offers the industry’s best technical tools and resources. There’s no computer code installation and frustrating compatibility problems. You’ll access everything from any web-enabled device.
- A complete set of tools
  Stockcharts has everything. You would like to arrange, organize, and execute any finance system. It’s a whole analysis and portfolio management toolkit. You’ll discover the market’s new opportunities with advanced scanning tools. You’ll pinpoint the entry with triumph charting and annotation tools. You’ll check your open positions and track portfolios with chartlists.
16. Advisory Mandi

It helps conceptualise solving the advisory industry challenges. This addresses the critical need for retail participants in the Indian advisory industry. This app believes in optimal value creation for investors by giving top-performing analysts instructions at the right time. It helps investors to make informed decisions. At the same time, investing their hard-earned money in the stock market. It also helps in educating novice investors by providing the right guidance, information, and happenings at the right time.

The authorized and registered analyst offers their live analysis on the website. Investors will get to connect with the right advisor according to their needs in the market. It empowers the investors by giving them the power to make decisions. It simplifies the process of selecting the analyst by making an unparalleled framework where you can view unbiased past performance.

The investment path becomes very easy and convenient with the right resources according to the particular needs. It pioneered in implementing SEBI compliance in analyst registrations and promotions.

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17. Kotak Stock Trader

This app helps let the stock market be your companion. Kotak Stock Trader is a mobile app. It allows the trader to continue trading in domains like equities, currency, and derivatives. It gives you a couple of other attributes, like allowing tracking down the portfolio.
- Online trading feature
  This app utilizes online trading to be online trading close to them. You can check on the market always and then get their trading done. You will also get stop loss and trigger price options.
- Portfolio tracking feature
  The portfolio gets updated, and anyone can access the changes in real-time.
- Livestock market data
  This app gives you live-streaming market data all the time. Also, the movement of the market will be in the form of charts at the end of the day.
- Fund transfer
  You can transfer the funds between a bank account and the online trading account. You can also transfer funds from the bank account to the mutual fund account.
- Margin checker
  You can access the margin by clicking the ‘available funds’ option.
- Security
  It has layers of security, and it is secure to use the app. Authentication of 2 passwords is important for every user. There is no stored data for stock trading. A session expires after 30 minutes to make it safe.
18. ET Markets

This app gives you the latest live market data on the go and makes informed decisions.

ET Markets App helps You in:
- You can track live indices and stock prices with advanced technical charting.
- You will get many chart types, technical indicators, comparisons, and real-time data.
- You can watch live ETNOW TV or an audio stream to stay updated on the latest happenings.
- You can track your stocks, Sensex(BSE), nifty(NSE), mutual funds, and forex ETFs.
- You can track the stocks in your watchlist, market gainers, losers, movers, etc.
19. Stock Edge

You will get end-to-end information about all the NSE and BSE stocks in India. It covers market movements, updates, financials, technicals, and derivatives. You can complete mutual fund data along with AUM analysis. It gives through simple and interactive charts and bars. You can also mark stocks, scans, investors, and mutual funds as your favourite. You will get premium features like investor portfolios and MF investment ideas.

It is useful for:
- Investors
  This gives you a decision-making tool that helps in analyzing your stocks. It also helps identify new stock ideas relevant to the criteria.
- Traders
  This tool offers information about pre-market and post-market data analytics. It has a unique scan feature that is greatest for intraday, swing, and derivative traders.
- Analysts
  This app contains a one-stop solution for fundamental and technical research requirements.
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20. Angel Broking

The Angel Broking app offers trading anywhere to Angel Broking customers. This app offers to trade in all segments, including equity, derivatives, currency, and commodities at BSE, MCX, and NCDEX. Investments in IPO and mutual funds are also available in this app. The secure, fast, and simple app works for both seasonal investors.
It gives customers real-time streaming quotes and charts. Live news, many watchlists, online fund transfers, and research reports. Demat holdings, margin statements, limits, order summary, and more.

Features:
- It provides online trading on mobile devices.
1. Trading in equity cash.
2. Trading in equity derivatives.
3. Trading in currency derivatives.
4. Trading in commodities at MCX and NCDEX.
- It helps to invest in mutual funds, bonds, etc., and it also tracks derivative positions.
- It offers live-streaming stock quotes, charts, and news. It has over 40 technical chart indicators and overlays.
- This app has stock advice on the go through ARQ, the auto advisory engine.
- You get to research reports and advisory calls. Also, you have personalized notification alerts for trades and ideas.
- It also gives a view of Demat account holdings. Real-time online funding transfers over 40 top banks.
21. Economic Times App

This app helps you to track the latest business news on the go and make informed decisions. You will get the latest updates from markets, business, and economic news as it happens.

Features:
- It gives you the latest and most popular business news.
- It shares news articles with colleagues and partners via email, Facebook, etc.
- This app offers to profit from stock market views and recommendations from experts. Also, it has the latest updates from the stock market.
- You can manage your investments in the stock market with the ET portfolio. You will get to track the stocks in your watchlist, market gainers, losers, etc.
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22. NDTV Profit App
1. All new navigation – you will get easy navigation. That displays all the categories in different modes. It has a simple cascading display for content with tools to dismiss layers.
2. It offers you stock market news, top stories, and analysis. Expert opinions on investing and analysis from NDTV profit.
3. You can watch Live TV streamed from NDTV profit studios. You will get all of the NDTV profit program videos and market analysis.
4. This app provides you with all the episodes of NDTV profit shows like Gadgets Guru, the car and bike show, and more.
5. You will get to track the markets and get live stock quotes during market hours. Also seamless integration with Twitter and Facebook to share content.
23. Stock Twits

This is a social media platform. Designed for sharing ideas with traders and investors. This app was co-founded by Howard Lindzen and Soren Macbeth in 2009. Also, Time magazine has listed the company in the “50 Best Websites” list. In 2012, the company was awarded “the top 10 most innovative companies in finance”.
Stock tweets allow users to communicate to ticker streams in real time using hashtags. Customers are also able to communicate on Twitter.

The contents can be with the StockTwits extended network. Such sites are Yahoo Finance and CNN Money. This app offers the ability to share content with their personal Twitter, LinkedIn, and Facebook accounts.

24. Feedly
1. User interface
  Feedly is the winner with Google Reader’s demise. Since Google discontinued Google Reader, users have joined Feedly. It offers all the features of Google Reader. There are no ads, popups, or anything that can distract your reading. You will get the index view, today’s view, and recently read. You will get to organize your feeds view to create a new collection.
2. Cross-platform support
  It works on all platforms. There is an official app for all major platforms. There are unofficial apps for other platforms. If you want to work on mobile and desktop, you need to use the Feedly web.
3. 3rd party app integration
  It helps with third-party apps. You will get to see many apps on their app centre that work with this app. It supports IFTTT, zapier, sprouts social, etc, because it’s a premium feature.
4. Save a URL to read later.
  There is a “read later” feature on Feedly, which helps you to save an article to read later. It makes the reading process simpler and smarter.
25. Kite By Zerodha

Zerodha boasts over one crore active clients, comprising nearly 15% of India’s retail trading volumes. Its robust technology platform makes it suitable for both novice and experienced traders. Zerodha Kite, the company’s flagship mobile trading software, offers an array of features, including market watch, advanced charting with over 100 indicators, and various order types like cover order and good till triggered (GTT) order. Additionally, users can access Zerodha Kite via a Chrome extension for convenient order placement and stock tracking.

Features:
- Fast streaming of market data, coupled with advanced charts featuring a sleek user interface.
- Introduced a “sticky order window” feature, enabling easy placement of multiple orders with identical inputs.
- The “leverage indicator” allows users to assess the leverage available for specific trades with equity stocks.
- Offers comprehensive analytics for both daily trades and overall portfolio performance.
- Advanced functionalities like the “view breakdown” feature display brokerage and STT charges.
- Equity delivery trading is commission-free.
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26. ICICI Direct

ICICI Direct is a full-service brokerage app and a part of the ICICI Group, which is one of the oldest brokerage service providers in India. It caters to the needs of both advanced investors and beginners by offering seamless online trading and investment services. The app provides free advisory services and research to its users, as well as free equity futures trading. Additionally, ICICI Direct charges no fees for futures trading and account opening services. It also serves as a stock market learning app for those looking to expand their knowledge and expertise in trading and investing.

Features:
- Utilize analytical tools like live charting and graphs for option chains, along with real-time profit and loss statements.
- Receive smart stock alerts to avoid high-risk and penny stocks.
- Experience fast order placement with a simplified user interface, including swipe-to-buy and sell options.
- Create multiple watchlists for stocks, indices, and F&O contracts.
- Access a wide range of products, including equities, commodities, currencies, derivatives, margin trading, mutual funds, IPOs, FDs, bonds, insurance, and ETFs.
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27. MO Investor

The MO investor app is a product of Motilal Oswal Securities – one of the leading stock brokerage firms in India. This app is highly regarded in the market for its advanced tools, instant price alerts, and user-friendly interface. The app offers a wide range of services that allow investors to invest in equity, derivatives, commodities, currency, mutual funds, IPOs, bonds, U.S. equities, and other portfolio management services. Additionally, for those looking to learn more about investing, the app offers beginner, intermediate, and advanced courses, as well as a vast range of blogs and attractive infographics.

Features:
- Utilization of AI-driven tools aids in optimizing portfolio rebalancing, leading to enhanced returns.
- Value-added offerings include SIP via WhatsApp, automated advisory services, live bot genie, and call and trade service.
- Various funding options, including loans against securities, margin funding, and stock lending features, are available.
- Extensive educational resources include online lessons, videos, and blogs.
28. Edelweiss Mobile Trading App

The Edelweiss mobile trading app is an excellent choice for active traders as it offers a range of advanced chart options, market analysis tools, and detailed reports. The app provides real-time commentary on market trends, access to research tools, a dedicated relationship manager, a free portfolio organizer service, and Whatsapp alerts. There are two brokerage plans available – the “lite” plan and the “elite” plan. The former is more affordable, while the latter is feature-rich.

Features:
- User-friendly interface with real-time commentary for a seamless market view.
- Sector-wise performance overview provided.
- Specific sections are allocated for equity, derivatives, and commodity markets.
- Flexible subscription plans like “lite” and “elite” cater to varying user requirements.
29. Paytm Money

Paytm Money is a popular online trading app that has attracted nearly 14 million users to date. The app allows users to invest in various segments, including equity, mutual funds and other financial instruments such as the National Pension System (NPS). However, Paytm Money users are not currently able to trade in currencies or commodities.

Launched in 2017, Paytm Money has experienced significant growth and is known for its low brokerage fees. The app charges zero fees for services such as account opening and maintenance and even offers low charges of zero and INR 10 per order for equity delivery and intraday trading, respectively.

30. Sharekhan

The Sharekhan trading app is an excellent choice for both experienced traders and investors. The app is well-known for its demat and full brokerage services. With this app, you can invest or trade in equities, derivatives, currency, mutual funds, bonds, IPOs, and commodities and keep track of your portfolio. Sharekhan trading app offers both delivery and margin trading to its users. The app has several innovative features, such as advanced search options, in-depth chart analysis, options contracts on a single page, and other up-to-date tools. It’s worth noting that the Sharekhan trading app doesn’t charge anything for account opening and deposits.

Features:
- The company provides Demat account services for both resident Indians and NRIs.
- Opening a Demat account is free of charge.
- It offers various brokerage plans, including prepaid account maintenance schemes with reduced brokerage rates.
- Users can save customized screens and graph templates for future use.
- Customer support is available via toll-free phone, email, and live online chat.
- Online fund transfers are quick and accessible through 12 banks.
- Brokerage charges vary based on the selected plan and transaction value.
31. Groww

Groww is a platform that operates on a simple and transparent pricing model based on a flat fee structure. This means that you will only be charged a minimum brokerage fee of 0.05% of the trade value and a maximum brokerage fee of INR 20, irrespective of the segment you are trading in, whether it’s Equity Delivery, Intraday or F&O. You can use the brokerage calculator provided by Groww to estimate all the charges involved, so you can make informed decisions while trading.

Additionally, opening an account with Groww is absolutely free, and there are no maintenance fees charged for the Demat account. This means that you can start your trading journey with Groww without any upfront costs or hidden charges.

FAQs

What is the stock market, in simple words?

The stock market is where people buy and sell publicly traded company shares. It allows investors to own a portion of a company and potentially earn profits as it grows.

Which are the best stock market apps for trading?

The stock market is where shares of publicly traded companies are bought and sold. Some popular stock market apps for trading include Robinhood, E*TRADE, and TD Ameritrade.

Which is the best stock market learning app?

Some other notable stock market learning apps include Money Control, Webull, Groww, Sharekhan, ET Market, etc. Each app offers unique features and resources for users to learn about the stock market.

What is the role of a stock marketing app?

A stock market app facilitates online trading and investment, providing users with real-time market data, research, and tools to manage their portfolios efficiently. It also offers educational resources and analysis to help users make informed investment decisions.
July 6, 2020