Mobile trading is fast becoming the preferred method of trading for many investors. The advent of smartphones has made it possible for traders to place orders and monitor the market from wherever they are, provided they have an internet connection.
There are many mobile trading apps available in India that make this possible. However, not all mobile trading apps are created equal. Some are better than others and some offer more features than others. Here are the 11 best mobile trading apps in India:
1) Nifty Trade
Nifty Trade is a mobile platform for trading in equities and commodities. It is a single app that allows you to trade equities, metals, currency futures, options, gold, and silver. The NiftyTrade app is available on both Android and iOS platforms.
2) Zerodha
Zerodha is one of the most popular mobile trading platforms in India. It provides a wide range of trading services such as real-time market data, news and analysis, investment research tools, and educational resources. You can trade stocks, commodities, currencies, and options using Zerodha’s mobile app on both Android and iOS platforms.
3) Sharekhan
Sharekhan offers online share trading services to investors through its online trading platform Sharekhan Online Securities & Exchange Ltd (SOSE). Sharekhan provides brokerage services for shares, and equity derivatives like options contracts, futures contracts, etc. You can do share trading through Sharekhan on both Android & iOS platforms by downloading its mobile app from Play Store or App Store respectively
4) ZuluTrade
ZuluTrade is a platform that allows investors to invest in various global markets through their smartphones and tablets. It offers free stock market education as well as live-streaming quotes and news updates, which makes it an ideal platform for beginners looking to start investing. It also has an easy-to-use interface that makes it easy to navigate while on the go. It also allows you to earn passive income through the referral program which pays 30% of all commissions paid by customers who register using your referral link (up to $500 per month).
5) ZepyTrader
ZepyTrader is one of the most popular mobile trading apps in India. The app is available on Android and iOS, and it allows users to trade stocks and commodities using their smartphones. It offers access to more than 500 stocks from across the globe, including major Indian companies such as Reliance Industries Limited (RIL), Infosys Limited, HDFC Bank Limited, and many others.
The company was founded by Ravi Sharma in 2014, who also founded Zepy Holdings Private Limited in 2010. The company has been generating revenue since its inception and has managed to raise over $100 million
6) NSE MobileTrading App
NSE MobileTrading App is an application for Android devices that allows users to trade directly from their smartphones or tablets. The app offers real-time market data, live-streaming quotes, and the ability to place orders on over 20 exchanges from all over the world. The app also provides alerts for upcoming events like dividends, earnings announcements, and economic data releases.
7) Tradingview
Tradingview is an online platform where you can share your ideas, analysis, and strategies with other traders through social media channels like Facebook, Twitter, or Instagram. You can also learn from professional traders by following them on Twitter or Facebook. The unique feature of this application is that it allows traders to create their own charts and indicators which they can use for their analysis process. Also, there are a lot of useful tools available in this application that helps traders in analyzing their trading strategy before executing it live on their accounts with real money.
8) Zebpay
Zebpay is one of the most popular mobile trading apps, with over 5 million downloads on Android and iOS. It allows users to buy and sell cryptocurrencies like bitcoin, Ethereum, and litecoin from their phones. The app is also integrated with banks like HDFC Bank and ICICI Bank so you can transfer funds from your bank account to Zebpay’s bank account. There are no commissions for buying or selling cryptocurrencies through the app but there is a 1% fee for withdrawing funds from your wallet back into your bank account through NEFT/IMPS/RTGS/UPI/C-CEX etc.
9) OmniSapience(Free Stock Trading App)
OmniSapience is a free mobile trading app that allows you to buy and sell stocks on the go. It provides real-time market updates and news feeds from various sources including CNBC TV18, ET Now, and more. You can also use it as an educational tool with its instructional videos on various topics such as how to trade stocks online or how to read financial statements etc.
10) eToro
eToro is one of the oldest brokerages in the world with roots going back to 2007 when it was launched in Israel as Social Trading Network Ltd., later rebranded as eToro Ltd.. The company initially started out as a social networking site that allowed users to copy trades made by other traders who had more experience than them. Later they introduced CFDs (Contracts For Difference) so that users could profit even if they didn’t know how to trade directly or if they didn’t want to hold positions overnight or long-term.
11) NSE – National Stock Exchange of India Ltd – Mobile Trading App (Android)
The National Stock Exchange of India Limited or NSE is an Indian financial market located in Mumbai. It was established in 1992 as an alternative to the Bombay Stock Exchange (BSE). The NSE is a subsidiary of National Securities Clearing Corporation Limited (NSCCL), which was incorporated in 1989 as a joint venture between the NSE, BSE, and other major stock exchanges in India.
CONCLUSION
Mobile trading has taken over the market as the most preferred type of trading. This article will take a slight look at what exactly mobile trading is, how it helps traders, and also compare the top 11 mobile trading apps in India. Investing can be tricky, especially for those who are new to the scene. The number of complicated aspects attached to trading is enough to make many run in the other direction. But the beauty of a mobile app investment is that it makes investing and trading easier for everyone.