The use of trading apps facilitates investors to invest in various financial instruments without any intermediaries in the Stock Market. There are many trading apps in India, including some of the main ones that come with different fees and features. Here we take a look at the 5 best trading apps in India that are favorites for investors:
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5 Best Trading Apps in India for Stock Market
1. Zerodha Trading App:
Fees:
- The minimum brokerage fee here is free, which means you do not have to pay any fees for trading.
- You have to pay ₹0 for equity delivery, and ₹20 or 0.03% (whichever is higher) for equity intraday.
1 Year Charges: Zerodha charges ₹300 for Demat AMC and ₹1000 for Commodity AMC.
Brokerage Charges: There are separate charges for intraday and delivery.
2. Upstox:
Fees:
- Upstox also offers free minimum brokerage fees.
- A fee of ₹0 is charged for equity delivery and ₹20 or 0.05% (whichever is higher) for equity intraday.
1 Year Charge: Upstox charges ₹150 for Demat AMC.
Brokerage Charges: There are separate charges for intraday and delivery.
3.5paisa:
Fees:
- Minimum brokerage fees are free.
- The charges are ₹0 for equity delivery and ₹20 or 0.05% (whichever is higher) for equity intraday.
1 Year Charges: 5paisa No charges for Demat AMC.
Brokerage Charges: There are separate charges for intraday and delivery.
4. ICICI Direct:
Fees:
- Brokerage fees range from ₹0.55 to ₹25 per lot.
- Fees are also charged for equity delivery and intraday.
1 year charges: ICICI Direct charges ₹700 for Demat AMC.
Brokerage Charges: There are separate charges for intraday and delivery.
5. Kotak Stock Trader:
Fees:
- The minimum brokerage fee is ₹0.05%.
- Fees are also charged for equity delivery and intraday.
1 Year Charges: Kotak Stock Trader charges ₹600 for Demat AMC.
Brokerage Charges: There are separate charges for intraday and delivery.
Based on this information, you can select the most suitable trading app as per your financial goals and needs. Please note that the fees and charges mentioned here may be up to date, so check on the official website or apps before investing.