Investment in share markets has witnessed a considerable rise over the years. The total number of Demat accounts in India stood at 175 million in September 2024, with an average monthly addition of 4 million accounts for YTD FY 25. The democratisation of financial services, thanks to digitalisation and the presence of several trading apps has made it pretty convenient for investors to invest in the share market, especially for beginners. 

However, the choice can be a little daunting with so many apps available. If you are new to the share market and are looking for the best trading app in India, this blog can be your guiding light.

Top Share Trading Apps in India

1. HDFC SKY

HDFC SKY is a top Demat app you can use as a beginner to kickstart your stock market investment journey. An intuitive interface coupled with research-based recommendations and market insights from experts on this app can help you make smart and intelligent investment choices. The app also offers various modules to help you hone your skills in the long run. With HDFC SKY, you can invest in stocks and ETFs, mutual funds, futures and options and commodities.

With zero account opening charges and nil account maintenance charges (AMC) for the first year, HDFC SKY offers various tools to make stock investing a breezy affair. With ‘Trading View Charts’ and competitive pricing, HDFC SKY can help you choose the right stocks and financial instruments for wealth creation in the long run. 

2. Angel One

Angel One is one of the top-rated share market apps through which you can invest across various financial instruments. This includes stocks, mutual funds, and initial public offerings (IPOs). Built by experts, the app provides Swifter Charts, real-time updates, advanced indicators, and multi-chart layouts. 

Thanks to the app’s Fast Order Placement, you can carry out trades at high speed and accuracy. The app’s Basket Order feature allows you to place multiple orders in a single transaction. This ensures you take advantage of all trading opportunities. Competitive transaction charges across equity, currency and commodities, Angel One offers you top-notch trading and investing experience. 

3. Groww

Groww is one of India’s fastest-growing share trading apps, which makes it extremely convenient to buy and sell stocks with a single move. You can easily open an account on this Demat app, with its fast KYC, and once you set up your account, you can access detailed information on all the listed stocks. This can help you undertake smart investment decisions. 

Like HDFC SKY and Angel One, you can invest in a range of financial instruments through Groww, including stocks, mutual funds, futures and options, etc. The in-app customer support allows speedy resolution for queries, and through analytical tools and charts, you can gauge historical performance and analyse price movements. 

4. ICICI Direct

With ₹7 lakhs crores plus in assets and 27 years of legacy, ICICI Direct is one the best trading apps in India. The app offers a diverse array of products and features that help you invest seamlessly. While you can invest in stocks in a disciplined manner through Stock SIP, ‘One Click Equity’ presents more than 30+ theme-based portfolios to you. 

With ‘One click MF’, you get readymade investment packs of mutual funds, and through ‘One click F&O’, you can choose from a range of research-backed trading strategies. The app also boasts of other features such as ‘Smart Stock Alerts’, ‘Payoff Analyser’, ‘e-ATM Order’, and ‘Good Till Triggered orders’ to uplift your trading experience. 

5. Upstox

Upstox is another rising share market trading and Demat app in India that makes it convenient to invest in equities, commodities, currencies and futures and options.  The app allows you to view 8+ charts at once with 100+ indicators and 80+ drawing tools. That’s not all. You can also place basket orders with up to 10 orders and learn about various aspects of the stock market through its extensive courses, webinars and self-help videos. 

With investment ideas along with news and insights, Upstox can help you in your investment journey by providing all the right information you need to get going. 

6. Sharekhan

Sharekhan is another trading app you can look forward to getting started in stock markets. Packed with deep analysis features, the app offers various charts and education modules that can help you understand the nitty-gritty of stock markets. 

With a legacy of 24 years, Sharekhan offers various calculators and platforms that can help you analyse your investments and take a call accordingly. Sharekhan’s extensive research reports, coupled with competitive charges, make it one of the best trading apps in India.

7. 5Paisa

If you are new to stock markets, you can commence your investment journey with 5Paisa. Offering several products, such as stocks, mutual funds, US stocks, IPO, currency and derivatives, among others, 5Paisa helps you invest and learn about various aspects of investing through videos, blogs and market guides. 

Like most apps mentioned, you can access 5Paisa’s services at a cost-effective price point. The app’s motto of ‘a paisa saved is a paisa earned’ has established it as one of the top trading apps in India. It has also won several awards and recognition over the years for its products and services.

Conclusion

Irrespective of whether you use HDFC SKY to open Demat account or any other app, it’s important to keep certain things in mind. Always research well on the stock or financial instrument well before investing. You can get help from research reports and insights offered by a trading app. Equally important is to refrain from investing under emotions and avoid putting a large sum in one go.

Start small, gauge performance and commit to a large amount if your investment performs well. While almost all apps offer services at a cost-effective price, go through the prices once to avoid surprises later. Take support from experts and customer care executives in case you get stuck anywhere. Be disciplined and patient with your investments and avoid knee-jerk reactions in case of short-term market volatility. Happy investing!