The online trading platform in India is growing at a rapid pace. With the advent of advanced technologies, investors can now trade from anywhere at any time. It has led to the emergence of various online trading platforms for stocks, futures, and options. These days, there are numerous options available to invest in the stock market from the comfort of your home. However, not all of these platforms are created equal. Some of them are more user-friendly than others, and some offer better features as well. You should keep many factors in mind before selecting an online trading platform for yourself. So, here is a list of the top 10 online trading platforms in India that you can consider joining if you’re also looking for one:
1) Geojit:
Geojit Financial is an online share trading company in India that operates in Gulf Cooperation Council countries. It provides access to multiple types of financial services, so you can trade listed shares on several stock exchanges throughout the world. Their services are available to individuals as well as corporate entities, domestic or foreign; institutional or individual investors; and retail or institutional investors. They offer a wide range of investment opportunities to investors—stocks, bonds, ETFs, mutual funds, and other financial instruments.
2) Zerodha:
By far, it is the most popular trading platform in India. With the most significant number of active customers in India, Zerodha is the leading discount broker. The app is built with next-generation technology to meet the diverse needs of traders of all types and is considered one of the best mobile trading platforms in India. Trading is made easy and quick with the platform’s wide range of features, such as charting tools, data widgets, and integration with third-party apps.
3) Angel Broking:
Another excellent app for online trading in India is this one. Without Speed Pro by Angel Broking, the list would be incomplete. In addition to offering users single-window trading and insightful trade evaluation features, the platform is known for its ease of use. A leading reason for being on the list of best is that it offers faster execution of orders and real-time monitoring. Beginners will also benefit from the application’s simplicity.
4) ICICI Direct:
ICICI Securities’ full-service brokerage firm, ICICI Direct, is ranked number one on the full-service stockbrokers’ list. The company is backed by the ICICI Group, which has existed since 1994 and is one of the world’s largest private financial services providers. For the company to be able to capture such a large number of active clients, it relies on its high-quality and customised services, coupled with the 3-in-1 account facility. Before 2019, ICICI Direct had the most significant number of active customers, but the top discount broking firm, Zerodha, overtook them. Despite this, ICICI Direct is India’s most visited trading platform.
5) FYERS:
An excellent trading platform for desktop users in India. By trading from home, traders can take advantage of the convenience of the stock market. In terms of stock trading, it provides many great features that can be used both by professionals and beginners. Due to its easy and valuable features, the software is well known for its speed and superb performance.
6) Upstox Pro:
Another best online share trading platform in India run by Upstox is Upstox Pro. Previously, it was known as RKSV. Because it is a responsive app, you don’t need to download anything. In addition, the trading tools can be accessed directly from a laptop, desktop, mobile, or tablet device. There is no doubt that it has earned the reputation of being one of the best trading platforms in India among traders and investors. Online trading is made a lot easier and faster with the help of applications like this.
7) Motilal Oswal:
Research advisory and investment products are among the services offered by Motilal Oswal. When you trade with Motilal Oswal, you’ll have access to 30,000+ research reports and solid research-based recommendations. Motilal Oswal’s Orion Lite desktop trading platform refreshes every 0.1 seconds. Indicators for technical analysis and studies are available in more than 40 different formats. A multi-asset watch list can be created and tracked for equity, derivatives, currency, and commodities using the desktop application. With Motilal Oswal’s Orion Lite, you can automatically generate buy and sell signals using the trading guide signal feature.
One of India’s most renowned and best online trading platforms in India, Trade Tiger is regarded as one of the most trusted names in the stock market industry. The software requires a desktop or laptop to download and install, as it is terminal-based. Various segments are available to traders and investors, such as equities, commodities, currencies, and derivatives.
9) Groww:
From June 2020, Groww has been offering online equity trading in India in addition to direct mutual fund investments. One of India’s fastest-growing investment platforms, Groww has introduced a number of new products and is planning additional releases over the coming months. Groww offers online trading services in equity, mutual funds, and digital gold (web-only), with other products such as US stocks and fixed deposits under research and development.
10) 5Paisa:
IIFL (India Infoline) operates 5Paisa, a stock brokerage company that offers the lowest prices in the country. In an effort to compete with the rapidly growing discount broker industry, IIFL launched 5Paisa to offer its clients a lower brokerage platform. The company offers various services, including equity, currency, and commodity trading, as well as mutual funds, insurance, and personal loans.
Conclusion:
There are many online trading platforms in India, but you can only trade with a handful of them. You should choose the one that best meets your needs and expectations. In this article, we have discussed the best 10 online trading platforms in India based on their features, security, and customer base. While this list has been shared, it is not exhaustive. From the above list of the best online trading platforms in India, you can see that there are quite a few options available. With so many options, it can be challenging to choose the right one. It is essential to do your research and find the right platform for your needs. You should also choose a platform that suits your trading style and financial situation the best. This way, you will be able to make the most of these attractive online trading platforms.
