5 best trading apps in India for 2024

Our experts have rated and reviewed the best trading apps in India. Compare their top features to find the best online brokers in India.
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Updated: May 9, 2024
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The Invezz team of expert traders, data analysts, and financial writers frequently test the best trading platforms to create a comprehensive guide to the best trading apps in India.

This guide is designed to help traders of all kinds find the most appropriate app for their style and experience. Whatever your previous experience, goals, and whatever your strategy or plan, we can help.

Our expert panel spends hundreds of hours every year ranking the top trading apps in India according to their affordability, security, and available international markets. We conduct user surveys to gather feedback from real people about what works and what doesn’t.

Then we pool all of this information together to create a final ranking that answers the question: what are the best mobile trading apps in India for Indian users?

Best trading platforms in India 2024

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Our rankings reveal that the best trading app in India is Exness .

Having assessed 100+ brokers, this list represents the three services that top our rankings as the overall best trading platforms in India. 

Sort by:

1
Min. Deposit
-
Best offer
User Score
8.9
Trade with Exness to enjoy better-than-market conditions and a friction-free online trading experience
The Exness Group is an international award-winning broker, with licenses in Seychelles, Cyprus, UK, South Africa and Kenya
Flexible funding- Choose from multiple currency funding options
Start Trading
Payment Methods:
American Express, Apple Pay, Bank Transfer, Credit Card, Debit Card, Discover, EPS, Google Pay, Mastercard, Perfect Money, Sticpay, Visa, Visa Electron, neteller, skrill
Full Regulations:
CMA Lebanon, CySEC, FCA, FSA, FSC, FSCA
Exness does not offer services to residents of certain jurisdictions including the USA, Iran, North Korea and others. The content of the website including translations should not be construed as means for solicitation. Investors make their own and independent decisions. Trading in CFDs and generally leveraged products involves substantial risk of loss and you may lose all of your invested capital.
2
Min. Deposit
$ 250
Best offer
User Score
9.8
Zero Commission when trading US shares, only £3 commission for UK shares. Additionally, there’s an FX conversion fee of just 0.5%
Explore a vast range of stocks with 13,000+ options, including popular companies like Amazon, Apple, Tesla, and Netflix.
Offers longer trading hours, allowing you to access markets even when they’re closed elsewhere.
Start Trading
Payment Methods:
Bank Transfer, Credit Card, Debit Card, PayPal
Full Regulations:
ASIC, FCA, FINMA, is a licensed bank (IG Bank in Switzerland)

Investments involve risks and are not suitable for all investors. CFDs are complex instruments and come  with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money  when trading CFDs with this provider. You should consider whether you understand how CFDs work and  whether you can afford to take the high risk of losing your money. 

3
Min. Deposit
$ 100
Best offer
User Score
9.6
Competitive trading commissions
Premium VPS service with ultra-fast speed
Customer support available in 25 languages
Start Trading
Payment Methods:
Full Regulations:
ASIC, CySEC, FCA, FSA
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 75% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Top 5 best trading apps in India, reviewed

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1. Exness. Best for tight spreads and a pro-style trading experience.

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From $0.2 per lot

Fees

$10

Minimum deposit

300

No. assets

No

Demo/virtual account

Pros & Cons

Trade all major asset classes with zero commission Competitive spreads starting from 0.3 pips on standard accounts Highly flexible trading terminal available on mobile app, desktop, and web browser Top-tier regulation and negative balance protection
Restricted access in the US and UK

Overview

We love Exness because it offers tight spread trading and a bespoke trading experience. Exness offers 80+ stocks from leading US exchanges, including the likes of Apple, Amazon, and Google.

Exness offers a great range of pro-style trading tools and a variety of account types to suit all experience levels. Beginners can take advantage of a free demo account or micro-lots for low minimum trades, while more experienced traders can use the Exness terminal or plug it into the MetaTrader software and trade from there.

The fees: Standard accounts aren’t charged a commission but are charged through the spread. Spreads start from 0.3 pips on stocks. Overnight fees apply on some assets (exc. swap-free accounts).

Highlights

Visit Exness Exness Review
Exness does not offer services to residents of certain jurisdictions including the USA, Iran, North Korea and others. The content of the website including translations should not be construed as means for solicitation. Investors make their own and independent decisions. Trading in CFDs and generally leveraged products involves substantial risk of loss and you may lose all of your invested capital.

2. Admirals. Best for real time news and price data

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Admirals_logo

From $0.02 per share

Fees

$100,000

Minimum deposit

8,000

No. assets

Yes

Demo/virtual account

Pros & Cons

Multi-asset and globally regulated broker Access a 30 day risk-free demo account Advanced trading and charting tools World class trading software, with MT4, MT5 & MetaTrader Supreme Edition available Lots of educational resources, including webinars and seminars Access real-time market data and news Competitive, low spreads
Not available to US traders No fixed spreads

Overview

We love Admirals because you can invest in more than 8,000 assets with as little as €1. Thousands of stocks and hundreds of ETFs are available from around the world, which means Admirals is a great investment platform where you can create a diversified portfolio.

There’s a demo account available so you can try out the Admirals platform and a vast amount of information can be accessed for free. That includes a host of real time news and research, as well as the latest price charts.

The fees: Shares & ETFs fees vary depending on the asset itself. Spreads start from 0.5 and each transaction is charged a commission from $0.02 per share.

Highlights

Visit Admirals Admirals Review

Investments involve risks and are not suitable for all investors. CFDs are complex instruments and come  with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money  when trading CFDs with this provider. You should consider whether you understand how CFDs work and  whether you can afford to take the high risk of losing your money. 

3. Pacific Union. Best for social trading & customer support

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pacific union logo

...

Fees

...

Minimum deposit

...

No. assets

No

Demo/virtual account

Pros & Cons

70+ forex pairs and 200+ financial assets available to trade Extremely low minimum trade sizes Multilingual support in 18+ languages
Minimum withdrawal of $100 Fewer assets than many competitors

Overview

We love Pacific Union because its beginner friendly platform comes loaded with lots of educational content, including how to guides and video learning. Pacific Union offers over 200 stock CFDs for some of the world’s biggest companies.  

It’s an award-winning broker and has a proprietary social trading application that makes it easy for beginners to follow the strategies and positions of the platform’s top traders. Pacific Union uses the popular Metatrader 4 software alongside its mobile and web based apps. Traders can choose the amount of leverage they want to use, all the way up to 500:1.

The fees: Commission starting at 0.1 points is charged on select stock CFDs across all account types. Spread starts at 0.5 points and applies to all stocks. Swap charges for holding a trade overnight vary depending on size.  

Highlights

Visit Review
Contracts for Difference (CFDs) trading carries a high level of risk to your capital and can result in losses, you should only trade with money you can afford to lose. CFDs trading may not be suitable for all investors, please ensure that you fully understand the risks involved and take appropriate measures to manage it.

How we chose the best trading app India 2024

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Our reviewing panel is made up of industry experts, including our Data Analyst, Dan Ashmore, CFA, our Senior Editor of News, Harsh Vardhan and expert trader, Prash Raval. The panel also includes an independent fact checker, Richard Stutely.

Here are the key factors that played into our final ranking of the best stock brokers in India.

  • Fees. We prioritised trading apps in India that charge low trading fees, don’t charge for deposits or withdrawals, have low brokerage fees, and don’t have any hidden costs.
  • Device availability. An online stock trading platform that is available across all devices as a mobile app deserves a boost. In a mobile world, you need the best stock trading app in India to work across mobile, tablet, and as a web trading platform. 
  • Mobile app security. All services we recommend are regulated by respected financial institutions and provide investor protection in the event that anything goes wrong.
  • Free demo accounts. All the best stockbrokers in India should offer the chance to test their service before you pay for it. We gave the brokers with the best demo accounts a boost in our rankings.
  • Access to global markets. International stock brokers in India that allow you to invest in global markets, particularly popular ones like the United States, scored well in our reviews.
  • Research and analysis tools. Trading platforms that offer analysis tools and real-time market data make it easier to do all your research and trading in one place. Any broker that offered this convenience and has a user friendly interface scored well.
  • Third-party integrations. You might want to use a piece of downloadable, third-party software like MetaTrader 4, MT5, or cTrader to place your trades. The best trading software in India should integrate with these services and those that did so received a higher ranking. 
  • Customer reviews. Finally, we looked into customer reviews, to make sure that we only recommend the best investment platforms in India where the majority of Indian customers had a positive experience.

Find out more about how we rate, rank, and review platforms.

More about stock trading platforms India

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What products can I trade with an Indian stock broker?

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You can trade stocks from India or invest in leading companies from around the world. Here’s a breakdown of what (and how) you can trade with an online trading platform in India.

Stocks

  • Indian stocks. One option is to simply buy and sell stocks that are on the India stock market. This is normally the most straightforward option for Indian residents, as you can buy shares in any company that’s listed on an Indian stock exchange including the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).
  • US stocks. Some of the best known companies in the world are listed in the United States. The best online broker in India will also let you invest in stocks that are listed on the NYSE or the NASDAQ exchange in the US, but it depends on the legal restrictions in India.
  • International stocks. You may also be able to buy shares in companies that are based in the rest of the world. The best international brokers in India offer global stocks, but it may be a limited selection. If you want to buy equities from outside India or the US, be sure to check those stocks are available through your trading platform before you sign up.

ETFs

ETFs (exchange traded funds) are investment funds that pool money together from lots of different investors and use it to track a particular index, like the S&P 500. Even if you can’t invest in every stock from every country, you can usually find an alternative in an ETF that tracks the performance of India’s top stock exchanges and indexes. 

Use our dedicated guide to find the best Indian ETFs to buy in 2024.

Mutual funds

Mutual funds are professionally managed investments. You buy shares in the fund through an investment platform and the manager decides what to invest it in. 

Mutual funds and ETFs are similar, but the former are managed by a professional who tries to beat the market, while the latter buy and sell stocks automatically based on a set of fixed criteria. The best stock broker in India allows you to invest in stocks from India, ETFs, and mutual funds.

Futures and options

Futures and options contracts involve making an agreement to purchase a stock in the future at an agreed price. They’re favoured by stock traders and can be used as a way of speculating on how you think a company’s price might change in the future.

Other assets

To invest in other financial assets from India, you may be better off using a different type of trading platform. For example, for trading currency pairs you want one of the best forex brokers in India, for cryptocurrencies like Bitcoin, the best crypto exchanges in India. The best cfd brokers in India offer a range of financial assets, including many of the options above.

Product Exness assets Admirals assets
Stocks 84+ 4,000+
Currencies 117+
Cryptocurrencies 37+
Indices 17+
Commodities 18+
View more > Exness > Admirals >

How to buy stocks in India

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Every stock trading app in India is designed to help you invest with the minimum of fuss. 

Follow this six step guide to learn how to buy shares online in India for the first time through your mobile apps.

Step 1. Find a trading app in India

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Compare and find the best online trading platform in India and choose your favourite from the list at the top of this page.

Step 2. Create an account

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Once you’ve chosen the best mobile trading app in India, set up an account by supplying your email address and password. Fill in personal details like your name and address.

Step 3. Verify the account

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Before you use an online trading platform in India, you must verify your identity. Indian brokers follow the same KYC rules as each other, however what you may be required to supply can vary. Generally, you’ll have to verify your identify using a PAN card, Voter’s ID, Passport, Driving license, or Aadhaar card. 

For your address you can submit any utility bill. Some Indian trading platforms may ask for proof of income so have bank statements for the past six months on hand.

The verification process can take up to 24 hours, but is often much quicker than that. You may find it easier to use your Indian broker’s trading app to upload documents. 

Step 4. Deposit money into your account

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You can make your initial deposit via a card payment, bank transfer, or an alternative payment method. Many stock trading platforms in India accept PayPal and similar e-wallets, but you should check this ahead of time.

Step 5. Search for a stock and place your trade

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Find the stocks you want to trade using their ticker symbol. To do this, log into your Indian trading app and use the search function to find the stock you want to buy. Enter the details of your trade, and hit ‘buy’ to execute it.

Step 6. Monitor your investment

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Check up on your investment regularly. Use the latest news and market research to help you decide when to sell your shares, and lock in a profit or loss.

Quick answers to key questions

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Yes, stock trading is completely legal for Indian citizens 18 years and above, subject to taxes and regulations set by SEBI (Securities and Exchange Board of India). Both trading Indian stocks on the National Stock Exchange of India (NSE) and the BSE and international stocks listed on foreign exchanges are allowed for Indian residents.

How are Indian trading platforms & apps regulated? 

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All trading platforms and stock brokers that operate in India must register with SEBI and comply with its securities regulations. SEBI enforces strict standards around minimum capital requirements, auditing, transparency, segregation of client funds, investor protections, and other rules that brokers must adhere to.

Violations can result in hefty fines or a loss of license. This regulation helps ensure the fairness and safety of capital markets for traders, and ultimately keeps you and your money safe.

On top of that, many online brokers in India are based elsewhere but regulated to operate internationally through institutions such as CySEC (the Cyprus Securities and Exchange Commission). Here are the best online brokers in India and where they’re regulated across the world.

Region Exness regulators Admirals regulators
Africa FSCA CMA, FSCA, FSA, CIPC
Asia JSC
Australasia ASIC
Europe FCA, CySEC FCA, CySEC, EFSA, MiFID II, FSA
International
North America FSA, BVIFSC CIRO
South America
View more > Exness > Admirals >

What are the costs of stock trading in India? 

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Brokerage charges or fees are typically around 0.5% of each transaction value or may be charged as a minimum fixed rate per trade.

Then exchange transaction charges apply per trade, while account opening charges and annual maintenance charges range from ₹0-₹2000, demat account charges are ₹300-₹500 annually, taxes like STT, stamp duty, GST also apply per transaction.

Overall costs can range from 0.5% for large trades at the best trading brokerages to over 1% at some discount brokers. Frequent traders incur higher costs.

Asset Exness fees Admirals fees
Cryptocurrencies From $0.2 per lot
Commodities From $0.2 per lot
Currencies From $0.2 per lot
Indices From $0.2 per lot
Stocks From $0.2 per lot From $0.02 per share
ETFs From $0.2 per lot
View more > Exness > Admirals >

Another way an online broker in India might charge you is via the spread. The spread is the difference between the buy and sell price of an asset and effectively serves as a commission the broker is charging you on top of the market price. The smaller the spread, the better value you’re getting from your broker.

Here’s a comparison of the spreads across the top Indian trading platforms.

Product Exness spreads Admirals spreads
Stocks From 0.3 pips From 0
Currencies From 1 pip
Cryptocurrencies From 8.5 pips
Indices From 6 pips
Commodities From 6 pips
View all tradable assets > Exness > Admirals >

On top of the trading fees and spreads, there may be other charges for using your online broker account. These can include inactivity fees, where you’re charged if you don’t use your account for a period of time (usually 3-6 months), as well as overnight fees, which only apply if the broker is also a CFD platform, or even an account maintenance fee.

Here’s a look at the types of fees different brokers in India charge, to give you a complete picture of the cost of trading with the top brokers in India.

Fee Exness fees Admirals fees
Trading fees Standard accounts: no Professional accounts: yes Yes
Inactivity fees No Yes
Rollover/overnight fees Standard accounts: Yes, on some assets Islamic accounts: no Yes
Withdrawal fees No Yes
Spreads Yes Yes
Conversion fees No Yes
View more > Exness > Admirals >

What is the minimum amount needed to start trading in India? 

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While some brokers allow opening a trading account with no minimum, most recommend at least ₹10,000-25,000 to start, especially for beginner retail traders.

This capital helps you buy a balanced portfolio, provides a cushion to absorb small losses, and ensures costs don’t consume a large share of capital. With ₹10,000, you can build a starter portfolio. More capital, like ₹1 lakh, allows greater flexibility. Start small if needed.

Product Exness minimum trade Admirals minimum trade
Stocks 0.01 lots 1 share
Cryptocurrencies 0.01 lots
Cryptocurrencies 0.01 lots
Indices 0.01 lots
Commodities 0.01 lots
View more > Exness > Admirals >

How is trading taxed in India? 

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Profits from trading and investing in Indian stocks and shares are subject to various taxes, which you can learn more about from the Indian government.

In short, there is a 15% tax on short term capital gains, which refers to assets that you hold for under 1 year. Long term gains on assets held for over 1 year are tax-exempt.

Other charges like STT, and stamp duty apply per transaction. We highly recommend you speak with a local tax expert before trading or investing if you aren’t sure how the tax system works.

What regulations apply to trader safety and security? 

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The SEBI rules ensure that all mobile trading apps in India meet KYC (Know Your Customer) regulations, which usually means you must verify your identity in order to use any service.

In addition, trading apps should offer two-factor authentication, and other measures to protect investor accounts and information security. Client funds must be kept separate from company assets. This means a trading platform in India cannot use your funds to operate its business activities.

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You can use our comparison table above to find the best online trading platforms in India. If you’re looking for a brokerage firm closer to home, then the following online trading apps are some of India’s best brokers. 

  • Zerodha. Low fee broker in India. RS. 20 for intraday trades. 
  • ICICI Direct. Subscription based brokerage plans with advanced features. 
  • Motilal Oswal. Mobile based trading platform with many market analysis tools.
  • Sharekhan TradeTiger. Multi asset web based trading platform with advanced charting tools.
  • Kotak Stock Trader. One of the fastest trading platforms for stock market traders. 
  • Upstox. Low commission Indian broker with many financial instruments available. 
Choose a trading platform in India

User reviews: your verdict on the best trading app in India

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During our research into the best trading apps in India, we gathered lots of user feedback in the form of surveys and platform reviews. Below is a short summary of that feedback for each of the top trading apps in our rankings.

Review source Exness rating Admirals rating
View more > Exness > Admirals >

FAQs

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What’s the best trading platform in India for beginners?
What’s the best investment platform in India?
What’s the cheapest online broker India with the lowest fees?
Which trading app is best in India?
Which investment platform in India has the best demo account?
What’s the safest broker in India?
What trading platforms accept Indian Rupee (INR) ₹?


Sources & references
Risk disclaimer
James Knight
Editor of Education
James is the Editor of Education for Invezz, where he covers topics from across the financial world, from the stock market, to cryptocurrency, to macroeconomic markets.... read more.