Jaipur Stock：Top 10 trading apps in India in 2024： Groww, Upstox Pro, PayTM Money, and more

Trading apps in India are abundant, and if you are having trouble finding the best among them, this list is here to help you. We have curated a list of the top 10 trading apps in India in 2024. These apps have the highest reputation on subreddits like IndianStreetBets and IndianStockMarket. Here’s everything you need to know about these apps, including asset allocation, account opening and maintenance charges, and more.

Note: The list is solely based on the apps’ popularity in the country. 91mobiles does not sponsor or promote any of these trading apps.

Groww was founded in 2016. It started its operations as a direct mutual fund investment platform but later in 2020, added stocks and now, it allows a variety of investment optionsJaipur Stock. It has 40 million+ customers, and 1000+ team members, and has renowned funders backing it like Satya Nadella, YCombinator, Sequoia, and Tiger Global. The account opening and maintenance charges are zero.Google Play Store: 4.5 | Apple App Store: 4.3Available assets: stocks, F&O, IPO, government securities, SGB, mutual funds, US stocksAccount opening charge: Rs 0Account maintenance charge: Rs 0Equity delivery brokerage: Rs 20 per executed order or 0.05% whichever is lowerIntraday brokerage: Rs 20 per executed order or 0.05%, whichever is lowerF&O Futures brokerage: Rs 20 per executed orderF&O Options brokerage: Flat Rs 20 per executed orderAftermarket order: YesGood till triggered: YesDownload: Android |

Upstox Pro was founded in 2009, started its trading business a year later, and introduced unlimited trading plans. It is backed by Ratan Tata and TigerGlobal. There are 1 crore+ customers and its trading turnover crossed Rs 60,000 crores. The account opening and maintenance charges are zero for new users.

Google Play Store: 4.4 | Apple App Store: 4.2Available assets: stocks, F&O, commodity, currency, IPO, government securities, SGB, mutual fundsAccount opening charge: Rs 0Account maintenance charge: Rs 0 (However, if you are an old user who joined before August 2021, you may be charged Rs 150 + 18% GST annually.)Equity delivery brokerage: Rs 20 or 2.5% whichever is lowerIntraday brokerage: Rs 20 per executed order or 0.05%, whichever is lowerF&O Futures brokerage: Rs 20 per executed order or 0.05%, whichever is lowerF&O Options brokerage: Flat Rs 20 per executed orderAftermarket order: YesGood till triggered: YesDownload: Android |

Paytm Money was founded in 2017 and got SEBI’s clearance for stock broking in 2019. The platform allows you to kick off your investment journey with zero paperwork, seamless digital KYC and automated payments. T Rowe Price, Ant Financial and Softbank Vision Fund have fueled its growth. It reportedly had around 7,40,285 users in November 2023. It offers a wide range of investment avenues and the account opening and maintenance fee is also zero.

Google Play Store: 4.0 | Apple App Store: 4.4Available assets: stocks, F&O, IPO, government securities, SGB, mutual funds, NPSAccount opening charge: Rs 0Account maintenance charge: Rs 0Equity delivery brokerage: Rs 20 per executed orderIntraday brokerage: 0.05%F&O Futures brokerage: 0.02%F&O Options brokerage: Flat Rs 10 per executed orderAftermarket order: YesGood till triggered: YesDownload: Android |

Dhan is a new-gen financial services platform born in 2021. It has at present a 300+ team and its apps on Android and iOS have an intuitive UI and notification system showing you investment opportunities, insights, news, and results. The account opening and maintenance costs are also zero.

Google Play Store: 3.8 | Apple App Store: 3.3Available assets: stocks, F&O, IPO, mutual funds, commodity, currencyAccount opening charge: Rs 0Account maintenance charge: Rs 0Equity delivery brokerage: 0Intraday brokerage: 0.03%F&O Futures brokerage: 0.03%F&O Options brokerage: Flat Rs 20 per executed orderAftermarket order: YesGood till triggered: YesDownload: Android |

Zerodha Kite was founded in 2010 and as of Feb 2023, the company has around 1,100 team members. As of September 2023, it has a $3.65 billion valuation. The company started with the goal of zero barriers in stock trading and investment. Besides stock, it offers other avenues tooUdabur Wealth Management. There are some account opening and maintenance costs, the details of which are given below. Google Play Store: 3.7 | Apple App Store: 3.9Available assets: stocks, commodities, currencies F&O, IPO, government securities, SGBAccount opening charge: Rs 200 for online accountAccount maintenance charge: Rs 0 up to Rs 50,000, Rs 100 + 18% GST for Rs 50,001 to Rs 2,00,000, Rs 300 + 18% GST for more than Rs 200,000Equity delivery brokerage: Rs 0Intraday brokerage: 0.03% or Rs. 20/executed order whichever is lowerF&O Futures brokerage: 0.03% or Rs 20/executed order whichever is lowerF&O Options brokerage: Flat Rs 20 per executed orderAftermarket order: YesGood till triggered: YesDownload: Android |

One of the pioneers of the industry, Motilal Oswal Financial Services has been in the market since its inception in 1987. It’s thus a giant and its shareholding composition largely consists of promoters. The account opening charge is zero. However, there is a Rs 199 account maintenance chargeSimla Wealth Management. The apps go by the name MO Trader, MO Investor, and Motilal Oswal Mutual Fund. Google Play Store: 3.8 | Apple App Store: 4.3Available assets: stocks, F&O, IPO, government securities, mutual funds, commodity, currencyAccount opening charge: Rs 0Account maintenance charge: Rs 199Equity delivery brokerage: 0.20%Intraday brokerage: 0.02%F&O Futures brokerage: 0.02%F&O Options brokerage: Flat Rs 20 per executed orderAftermarket order: YesGood till triggered: YesDownload: |

Angel One is also an experienced player in this field. It has been in business since 1996. It has a market cap of Rs 27,941 crore. It gives a broad host of investing options including US stocksNew Delhi Investment. The account opening charge is zero but the maintenance charge is Rs 240. There is no equity delivery brokerage fee though. Google Play Store: 4.4 | Apple App Store: 4.2Available assets: stocks, F&O, IPO, government securities, SGB, mutual funds, commodity, currency, US stocksAccount opening charge: Rs 0Account maintenance charge: Rs 240Equity delivery brokerage: Rs 0Intraday brokerage: 0.03%F&O Futures brokerage: 0.25%F&O Options brokerage: Flat Rs 20 per executed orderAftermarket order: YesGood till triggered: YesDownload: Android |

Nuvama which was previously called Edelweiss Broking Limited was founded in 1995Udabur Investment. As of March 2022, it has more than 0.3 million active client base, Rs 1.5 trillion of client assets, and 71 branches spread across 57 cities. The account opening charge is zero but there is a Rs 300 maintenance fee. Google Play Store: 4.0 | Apple App Store: 3.8Available assets: stocks, F&O, IPO, mutual funds, commodity, currencyAccount opening charge: Rs 0Account maintenance charge: Rs 300Equity delivery brokerage: 0.01%Intraday brokerage: 0.01%F&O Futures brokerage: 0.01%F&O Options brokerage: Flat Rs 10 per executed orderAftermarket order: YesGood till triggered: YesDownload: Android |

5Paisa offers a flat Rs 20 brokerage fee for equity delivery and other segments. The account opening fee is zero but the account maintenance costs Rs 300. It came into existence in 2015 and today, it offers a broad spectrum of investment and trading options including US stocks. Its parent company is IIFL. Google Play Store: 4.3 | Apple App Store: 4.3Available assets: stocks, F&O, IPO, government securities, SGB, mutual funds, commodity, currency, US stocksAccount opening charge: Rs 0Account maintenance charge: Rs 300Equity delivery brokerage: Rs 20Intraday brokerage: Rs 20F&O Futures brokerage: Rs 20F&O Options brokerage: Flat Rs 20 per executed orderAftermarket order: YesGood till triggered: YesDownload: Android |

ICICI Securities Limited was incorporated in 1995 and is a subsidiary of ICICI Bank. While other leading banks also offer similar services, this made the list because of its relatively affordable charges and offerings. There is an account maintenance charge of Rs 700 but no account opening fees.Google Play Store: 4.3 | Apple App Store: 4.7Available assets: stocks, F&O, IPO, government securities, SGB, mutual funds, commodity, currencyAccount opening charge: Rs 0Account maintenance charge: Rs 700Equity delivery brokerage: 0.55%Intraday brokerage: 0.05%F&O Futures brokerage: 0.02%F&O Options brokerage: Flat Rs 95 per executed orderAftermarket order: YesGood till cancelled: YesDownload: Android | Available assets: The more assets you get to trade on an app/platform, that would be more convenient or desirable for you.Charges: You should check for Account Opening Charge, Account Maintenance Charge, Equity delivery brokerage, Intraday brokerage, F&O brokerage, among other charges.Additional features: It would be convenient to have features like Aftermarket order (place the order after trading hours and the platform will auto-execute them the next day once trading begins) and Good till cancelled/triggered (instruction to auto-execute an order based on the limits you have set).

Ensure the trading app/platform is run by a SEBI-registered broker. Read the charges before signing up with any trading platform as you don’t want to feel surprised or financially hurt when you learn about them later.

The best stock trading app for you may depend on your asset preferences and appetite for charges.

These apps let you trade in India primarily. Some of these let you trade in the US too.