Top 10 Best Intraday Trading App in India to Earn Money 2023

The daily turnover of top stock brokers in India via mobile trading is as below –

Source – Economic Times

If you also want to go with the flow and start your share trading on mobile phone but confused about which is the best trading app for you, then you have landed at the right place.

In this article, we’ll discuss about the best share trading apps in India and you’ll also learn about how to analyze the best mobile trading app so that you can make an informed decision.

Without any further ado, lets start the best mobile trading app in India.

Comparison of 10 Best Trading Apps in India for Mobiles 

Ranking	Trading App	Android User Ratings(out of 5)	iPhone User Ratings(out of 5)	App Quality and Performance
1	Zerodha Kite App	4.3	3.4	Fast
2	5paisa App	4.2	4.0	Fast but slows down in peak hours
3	Upstox App	4.1	4.2	Fast but hangs sometimes
4	Angel Broking App	4.1	3.6	Doesn’t reflect funds added or margin used in real time
5	Motilal Oswal Trader App	3.7	3.6	Seamless fast performance
6	Sharekhan App	3.7	2.8	App crashes sometimes
7	HDFC Securities App	3.7	3.7	Fast but show error in F&O orders
8	Edelweiss App	4.2	4.0	Hangs in peak hours
9	IIFL Markets App	4.4	3.3	Shows inaccurate details in margin category
10	Fyers App	4.1	4.3	Sluggish

To use a specific trading app, you need to open a demat and trading account with the respective broker. 

Once you have opened an account with your selected broker, you can not only use their trading app, but also use other trading platforms such as web terminal or desktop trading software.

Without wasting time, let’s check out top 10 best trading apps in India for beginners as well as professionals 

10 Best Trading App in India For Beginners 2023

#1. Zerodha Kite

Zerodha Kite App is one of the most popular trading apps due to user friendly design. Zerodha kite is easy to use which is ideal for beginners and provides advanced analytical tools which is the main requirement for advanced traders. 

Zerodha Kite is a lightweight app (only 26 MB) that doesn’t slow down your phone because of less RAM consumption and requires less storage space on your phone.

The interface is simple and you can check out all options such as watchlist, portfolio, orders, and other apps at one place.

You can trade instantly by searching your script and you can create multiple watchlists as per your requirements.

You can use ChartIQ and TradingView charting tools to check real time market movements as well as historical data analysis.

Brokerage & AMC charges 

Brokerage & Other Charges	Amount
Equity Delivery	Free
Intraday Brokerage	Rs. 20 or 0.03% whichever is lower
Account Opening Fee	Equity – Rs. 200 and Commodities – Rs. 100
Annual Maintenance Charges	Rs. 300 (charged Rs. 75 per quarter)
Mutual Funds Investment	You need separate app “Coin”

Zerodha Kite App Information

	Google Play Store	Apple App Store
User Rating (in stars)	4.3	3.4
No. of Reviews	193K	1.3K
App Size	26Mb	72.4 MB
Downloads	5 Millions	Apple doesn’t provide downloads information
OS Compatibility	Android 5.0 or later	iOS 9.3 or later

Advantages of Zerodha Kite

• Minimalistic User Interface
• 100+ indicators with advanced charting interface
• Tradingview and ChartIQ charts
• Small App doesn’t consume phone memory
• Dark mode and Black mode to save battery
• 2FA dual security with Password and PIN
• Reliable Customer service
• Compatible with older iPhones like iPhone 5

Disadvantages of Zerodha Kite

• Sometimes sluggish performance at peak hours

Best for – An overall best trading app

You can also read complete Zerodha Review here

#2. 5paisa App

5paisa trading app has the most easy to use user interface. 

You can easily switch between your watchlists, Nifty50, your order details in “Book” section, along with ‘idea’ for stock investment tips and MF for mutual funds investment.

You can also check the value of stock you have invested in the “My Stocks” section.

5paisa app also allows you to invest in direct mutual funds, that means you don’t have to pay any commission to 5paisa while investing in mutual funds.

You can also check detailed charting powered by MarketSmithIndia. 5paisa provides all the essential details of a stock such as EPS strength, price estimates and news about that stock in a categorised manner.

5paisa becomes costly if you are a regular investor and you go for stock delivery. Because, you have to pay Rs. 20 per order on stock delivery in the regular pack, and Rs. 10 per delivery order in other premium packs.

On the other hand, Zerodha offers free equity delivery.

Brokerage & AMC charges 

Brokerage & Other Charges	Amount
Equity Delivery & Intraday Brokerage	Regular Pack – Rs. 20 per order Power Investor Pack – Rs. 10 per order Ultra Trader Pack – Rs. 10 per order
Account Opening Fee	Rs. 650
Maintenance Charges	Regular Pack – Rs. 45/month (only in the month you traded) Power Investor Pack – Rs. 499/month Ultra Trader Pack – Rs. 999/month
Mutual Funds Investment	Direct Investment With No Commision

5paisa App Information

	Google Play Store	Apple App Store
User Rating (in stars)	4.2	4.0
No. of Reviews	178K	9.5K
App Size	28 Mb	185.7 MB
Downloads	5 Millions	–
OS Compatibility	Android 4.4 or later	iOS 11.0 or later

Advantages of 5paisa App

• Easy User Interface
• Inexpensive for seasonal traders due to maintenance charges only for traded month
• Buy/sell stocks across multiple exchanges instantly
• Advanced charting interface from MarketSmithIndia
• Multiple security options such as fingerprint, face id, pin and pattern
• Compatible with old android phones with Android 4.4 or above

Disadvantages of 5paisa App

• App gives error at peak hours sometimes
• Bigger iPhone app size
• No dark mode 

Best for – New traders with easy user interface

Also read – Best discount broker in India

#3. Upstox Stock Trading App

Upstox (read full review) allows you to invest in IPO and digital gold directly from your mobile app which is missing in other competitors like Zerodha and 5paisa. 

In the Zerodha app, you are redirected to the “Zerodha Console” portal to invest in IPO and if you want to invest in digital gold, you have to visit the “Zerodha Coin” portal because the “Coin” app only supports mutual funds investments.

If we talk about 5paisa, they don’t offer IPO and digital gold investment through app.

Upstox has an edge over here and secondly, the app has an interactive design for easy usability.

You can checkout watchlists, order history, investment options, portfolio management right from your smartphone.

You can access charts, scrip details or market depth at one place. The charting is provided by ChartIQ for in-depth analysis.

Upstox also offers a 3-in-1 account that merges a savings account, a demat account and a trading account in one account. They have a collaboration with IndusInd bank for a 3-in-1 account.

A 3-in-1 account allows you to earn interest on your unallocated amount with quick funds transfer between trading and savings accounts.

Brokerage & AMC charges 

Brokerage & Other Charges	Amount
Equity Delivery	Free
Intraday Brokerage	Basic Plan – Rs. 20 or 0.05% whichever is lower Priority Plan – Rs. 20 or 0.10% whichever is lower
Account Opening Fee	Free
Annual Maintenance Charges	Rs. 45/month
Mutual Funds Investment	Direct Investment With No Commision

Upstox App Information

	Google Play Store	Apple App Store
User Rating (in stars)	4.1	4.2
No. of Reviews	203K	15.1K
App Size	11 Mb	67.4 MB
Downloads	10 Millions	–
OS Compatibility	Android 5.0 or later	iOS 12.1 or later

Advantages of Upstox App

• Convenient User Interface
• Backed by big names such as Ratan Tata and Tiger Global
• 3-in-1 smart account facility
• One place to invest in stocks, mutual funds, IPO and digital gold
• In-depth charting from ChartIQ

Disadvantages of Upstox App

• Android App has some bugs 
• Customer service not up to the mark
• Not compatible with iPhone 6 or older ones

Best for – who wants to invest in multiple assets like digital gold and IPO through mobile app.

#4. Angel Broking Stock Trading App

If you want a trading app with full service broking, then go with Angel broking and select “iTrade Prime” plan if you want a flat brokerage fee of Rs. 20 per trade. 

Angel Broking is the only full service broker that offers a flat brokerage plan.

In the Angel broking app, you can open a stock and get various charting options, best 5 stocks and other analytical options at one place.

You get 40+ indicators to analyze various market movements to make any buy/sell decisions which are low in number if you compare with Zerodha which is a discount broker but provides better charting options.

App has an inbuilt ARQ tool for algo based trading that allows you to trade on top performing stocks and enhance your profits.

While opening account with Angel broking, do mention them to give you iTrader Prime plan, otherwise,  they will set a traditional fee plan by default in which you have to pay 0.04% on each leg in a trade and 0.40% for stock delivery . You will realise when you end up paying more brokerage for your executed trades.

Brokerage & AMC charges 

Brokerage & Other Charges	Amount
Equity Delivery	iTrade Prime Plan – Free iTrade Plan – Rs. 15 per order till Rs. 50,000 and Rs. 30 per order above Rs. 50,000 Traditional Plan – 0.40&
Intraday Brokerage	iTrade Prime Plan – Rs. 20 per order iTrade Plan – Rs. 15 per order till Rs. 50,000 and Rs. 30 per order above Rs. 50,000 Traditional Plan – 1st leg – 0.04% 2nd leg – 0.04%
Account Opening Fee	Rs. 699
Annual Maintenance Charges	Rs. 450
Mutual Funds Investment	You need seperate app

Angel Broking App Information

	Google Play Store	Apple App Store
User Rating (in stars)	4.1	3.6
No. of Reviews	173K	11.9K
App Size	45 Mb	152.9 MB
Downloads	5 Millions	–
OS Compatibility	Android 4.4 or later	iOS 10.0 or later

Advantages of Angel Broking App

• Multiple instruments for deep analysis
• ChartIQ and TradingView charting
• iTrade prime plan offers low cost trading
• Dark mode 
• ARQ algo based tool for better portfolio performance
• Compatible with old android phones

Disadvantages of Angel Broking App

• Funds sometimes take time to update
• Poor customer service
• Only 40 indicators in charting
• Heavy iPhone app

Best for – Traders who want to use a trading app with full service broker.

#5. MO Trader by Motilal Oswal

Motilal Oswal is a renowned name in the full service broking industry and you can expect a full fledge app for seamless trading experience.

Motilal oswal app allows you to create multiple watchlists, see trading reports and manage your profile from bottom tabs.

You also get an option of “Power Trade” that allows you to quickly place market orders in a single click. That allows you to place an  order without any lag in case the market is volatile.

Brokerage & AMC charges 

Brokerage & Other Charges	Amount
Equity Delivery	0.50% per executed order
Intraday Brokerage	1st leg – 0.05% 2nd leg – 0.05%
Account Opening Fee	Free
Annual Maintenance Charges	Rs. 400
Mutual Funds Investment	You need MO-Investor app

MO Trader App Information

	Google Play Store	Apple App Store
User Rating (in stars)	3.7	3.6
No. of Reviews	40K	394
App Size	11 Mb	67.2 MB
Downloads	500K	–
OS Compatibility	Android 5.0 or later	iOS 12.0 or later

Advantages of MO Trader App

• Lightweight and smooth app
• Power trading enabled
• In-depth charting
• Dedicated R&D teams
• Square off open positions in single click
• Quick customer support and in-person support

Disadvantages of MO Trader App

• Less number of indicators (Only 9)
• High brokerage
• Seperate app for other investments
• Not compatible with iPhone 6 or older ones

Best for – Professional traders who trade in huge amounts

#6. Sharekhan Trading App

Sharekhan app provides you with all the stocks related resources such as portfolio, watchlist, Mutual Funds, various Reports, IPO, indices, market trends, and stock market news at one place.

You can analyse enhanced live charts with more time frames (ranging from 1 minute to 1 year) that helps in better decision making.

You can also find new trading ideas with its Pattern Finder.

You can invest in mutual funds as well.  You can create, pause, and modify your SIPs right from the Sharekhan app.

Sharekhan has a goal-based investment tool called “Neo” that suggests you which is the right investment for you depending on your goals and risk appetite.

You can also access Sharekhan Classroom to go through online modules that enhance your stock marketinvestment learning.

Brokerage & AMC charges 

Brokerage & Other Charges	Amount
Equity Delivery	0.50% per executed order
Intraday Brokerage	1st leg – 0.10% 2nd leg – 0.02%
Account Opening Fee	Free
Annual Maintenance Charges	Rs. 400
Mutual Funds Investment	Regular (you have to pay commission)

Sharekhan App Information

	Google Play Store	Apple App Store
User Rating (in stars)	3.7	2.8
No. of Reviews	40K	2.3K
App Size	13 Mb	63.2 MB
Downloads	1 Millions	–
OS Compatibility	Android 5.0 or later	iOS 11.0 or later

Advantages of Sharekhan App

• Consumes less memory
• All investment options at one place
• Detailed charting with multiple indicators
• Pattern finder for future market predictions
• Easy to initiate, pause SIP 
• Goal based investment through NEO

Disadvantages of Sharekhan App

• App crashes on and off
• Profit and Loss report for Derivatives is missing
• High brokerage

Best for – If you don’t mind paying high brokerage fees

Also read- Axis Direct Account Complete Review

#7. HDFC Securities App

HDFC securities trading app is ideal if you already have a HDFC account and want to open a trading account with the same but you have to pay a high brokerage and annual maintenance fee.

You can access key investment ideas on your smartphone. You can quickly make trading decisions with real time charting.

You can also create multiple watchlists to save your favourite stocks. 

Brokerage & AMC charges 

Brokerage & Other Charges	Amount
Equity Delivery	Rs. 25 or 0.50% per executed order (whichever is higher)
Intraday Brokerage	Rs. 25 or 0.05% per executed order (whichever is higher)
Account Opening Fee	Free
Annual Maintenance Charges	Rs. 750 (starts from 2nd year)
Mutual Funds Investment	Not Available

HDFC Securities App Information

	Google Play Store	Apple App Store
User Rating (in stars)	3.7	3.7
No. of Reviews	40K	3.5K
App Size	13 Mb	66 MB
Downloads	100K	–
OS Compatibility	Android 5.0 or later	iOS 9.0 or later

Advantages of HDFC Securities App

• Track multiple watchlists
• Single click details on any stock
• Instant key notifications about market moves
• Access to trending investment ideas
• Intraday real-time charting
• Compatible with older iPhones like iPhone 5

Disadvantages of HDFC Securities App

• High brokerage
• Gives error in F&O orders sometimes

Best for – If you already have HDFC bank account and want to trade from that only

Also read – Kotak Securities Review (in detail)

#8. IIFL Markets App

IIFL markets app is ideal for trading in stocks, commodities as well as investing in IPOs and OFS from your smartphone.

You can quickly view the latest top 500 stocks shortlisted by the IIFL research team. 

You can also get in-depth coverage of stocks along with live charting for intraday trading.

IIFL has recently launched a discount brokerage plan with zero brokerage fees on equity delivery.

Brokerage & AMC charges 

Brokerage & Other Charges	Amount
Equity Delivery	Free
Intraday Brokerage	Rs. 20 per executed order
Account Opening Fee	Free
Annual Maintenance Charges	Rs. 250 (starts from 2nd year)
Mutual Funds Investment	Not Available

IIFL Markets App Information

	Google Play Store	Apple App Store
User Rating (in stars)	4.4	3.3
No. of Reviews	55K	1.2K
App Size	19 Mb	197.2 MB
Downloads	5 Millions	–
OS Compatibility	Android 6.0 or later	iOS 9.0 or later

Advantages of IIFL Markets App

• Quick view on top 500 stocks 
• Widgets to track stocks on homescreen
• In-depth coverage of stocks
• Live charting for intraday
• Apply for IPO/OFS from smartphone
• Compatible with older iPhones like iPhone 5

Disadvantages of IIFL Markets App

• Doesn’t show accurate available margin details
• Doesn’t show actual profit/loss of any order in holdings section

Best for – New traders who are not into margin trading

#9. Edelweiss Mobile Trading App

You can track the market trends such as top gainers & losers, 52 week high & low, market map, comprehensively in one place.

You can also access consolidated and standalone data of important stuff like sales, EBITDA, PAT, Market Cap, Margin Ratios for better understanding.

You can create a watchlist with up to 100 stocks at a time for easy to check out the trend of your favourite stocks.

You can also access various charting indicators such as Heiken Ashi, Renko, Points and Figure, Candle Stick, OHLC from your smartphone.

The Edelweiss app also allows you to invest in Mutual Funds, NCDs, and Bonds.

Brokerage & AMC charges 

Brokerage & Other Charges	Amount
Equity Delivery	Edelweiss Lite – Rs. 10 per executed order Edelweiss Elite – 0.30% per executed order
Intraday Brokerage	Edelweiss Lite – Rs. 10 per executed order Edelweiss Elite – 0.03% per executed order
Account Opening Fee	Nil
Annual Maintenance Charges	Edelweiss Lite – Rs. 300 (First year free) Edelweiss Elite – Rs. 500 (First year free)
Mutual Funds Investment	Regular with commission

Edelweiss App Information

	Google Play Store	Apple App Store
User Rating (in stars)	4.2	4.0
No. of Reviews	31K	1.1K
App Size	51 MB	145.9 MB
Downloads	1 Million	–
OS Compatibility	Android 4.1 or later	iOS 11.0 or later

Advantages of Edelweiss Trading App

• Secure app
• Add 100 stocks in a watchlist
• Multiple investment options such as NCDs, Mutual Funds, Bonds
• Various charting indicators

Disadvantages of Edelweiss Trading App

• Enter username, password details every time open app in iPhone
• App hangs in peak hours
• Slow price refresh rate
• No direct mutual fund investment

Best for – Investing in bonds and NCDs along with trading through app

#10. Fyers Mobile Trading App

FYERS has very low brokerage fee that is Rs. 20 or 0.01% (whichever is lower) and free equity delivery.

FYERS is new to the broking industry and improving their infrastructure. But if you compare with Zerodha, you have to pay slightly higher brokerage fee but you will get a more streamlined trading platform, and better customer service.

Another advantage that FYERS has, you don’t have to pay any AMC every year, so if you are a seasonal trader or if you don’t invest on regular basis, then FYERS is a good option for you.

Brokerage & AMC charges 

Brokerage & Other Charges	Amount
Equity Delivery	Free
Intraday Brokerage	Rs. 20 or 0.01% (whichever is lower)
Account Opening Fee	Nil
Annual Maintenance Charges	Nil
Mutual Funds Investment	Not Available

FYERS App Information

	Google Play Store	Apple App Store
User Rating (in stars)	4.1	4.3
No. of Reviews	4.6K	428
App Size	17 Mb	89.4 MB
Downloads	5 Millions	–
OS Compatibility	Android 4.4 or later	iOS 10.0 or later

Advantages of FYERS App

• 22+ years historical EOD data
• 2+ years of intraday historical data
• Detailed charting with multiple indicators
• Theme based stocks recommendation
• Favorites section for Quick Access 
• Biometric and Face ID security
• Compatible with old android phones

Disadvantages of FYERS App

• User Interface is not smooth
• Charts hang on iPhone sometimes
• Price updates are laggy 

Best for – If you don’t want to pay annual charges and high brokerage

How to Analyze Best Mobile Trading App in India 

#1. Compatibility with Smartphone

You must check the trading app compatibility with your smartphone operating system. 

For example, some trading apps like Upstox and MO Trader don’t support iPhone 6 or older devices. So you must check your smartphone compatibility with the trading app.

#2. Ratings and Reviews

You can get the idea about real user experience through star ratings and reviews available on Google play store or Apple’s app store.

You should choose an app with higher rating and reviews with good experience. 

#3. Usability

An easy user interface not only allows you hassle free operations, but also saves time in case you have to make a quick buy/sell decision on a volatile day.

The app should have necessary features such as watchlist, charts and buy/sell buttons at one click away for easy navigation.

#4. App Speed

App should be easy to use, smooth in working and of small size. Small app will consume less memory and won’t slow down your phone’s performance.

Bigger apps not only require more space to install, but also consume more memory and processor resources.

Ideal Android app size – 10 Mb to 30 Mb. 

Apple’s hardware better handle big sized apps, hence iPhone’s apps are mostly of bigger size as compared to android version.

Ideal iPhone app size – 60 Mb to 100 Mb.

#5. Technical Indicators

You can also check what technical indicators an app is supporting. Technical indicators such as Moving Averages, Bollinger Bands, Candlesticks are very useful in trading.

After all, your trading decisions would highly depend on the technical indicators that let you pick the market trend.

Go with the higher number of indicators available in a trading app. For example, Zerodha offers 100+ technical indicators in the mobile app.

#6. Customer Support

Efficient customer support is a must after the account is opened to tackle various issues like order being rejected or funds not reflecting in the trading account and many similar issues.

You can get issues with any stock broker but the important thing that matters is how quickly the stockbroker resolves the customer issue. 

Final Words – Which is Best Trading App to Earn Money Without Investment

If you ask me which is best trading app in India, then I would recommend you to go with Zerodha Kite because you get a minimalistic design which is easy to use, huge stock listing and historical data, in-depth charting and low brokerage.

If you want to trade with margins, then go with the Upstox app because they have an improved UI and you get a high margin with their Priority plan. 

If you trade less but want to invest in mutual funds, then 5paisa app is the best, because they have the easiest user interface, and you can invest in direct mutual funds without paying any commission. Secondly, you have to pay maintenance charges only for the month in which you have traded.

FAQs