Best Trading Platforms in India

If you follow up with the news of the Indian stock market, you should be aware that it just crossed the $5-trillion magical milestone to solidify its status as one of the largest stock exchanges all across the globe. Every day, the number of active users in the stock market grows, and a large part of the credit goes to India's hassle-free trading platforms. They are making it much easier to plan and execute investments from the comfort of one's own home. So, let's have a look at some of the trading platforms in India.

Top 5 trading platforms for you in 2024

Zerodha Kite

One of the most popular trading platforms in India, Zerodha Kite is the flagship trading platform in India of the discount broker Zerodha. It integrates cutting-edge next-generation technology and provides a promising customer experience that elevates online trading to a whole new level. You can enjoy some amazing features including chart tools, data widgets, and integration with third-party apps technology, which make the trading process very simple and easily understandable.

Some of the main qualities of the Zerodha Kite that you should be aware of are:

• It is an incredibly light software that consumes much less bandwidth than other trading platforms.

• The user interface is simple and appealing.

• It comes as a multilingual software that is available in 11 Indian regional languages.

• Integrates seamlessly with the Quant tool for doing fundamental analysis utilising behaviour analytics.

• There are live ticks, quotes, and even order alerts available.

• Floating order window

• Can process more than 5 million requests every day.

• Commodities, futures, and stocks can all be traded online on this trading platform india.

• There are over 100 indications accessible for additional examination.

Upstox Pro

Upstox PRO is another popular discount brokerage for the average investor who wants to buy stocks and shares of various companies. It offers a web and mobile-based trading option that is seamless, where you can invest in the company's stocks and shares at low brokerage costs and other fees. 

This best trading platform has grown in popularity because it offers a variety of features for traders that range from sophisticated to beginner levels. It uses a very powerful Socket technology to retrieve real-time data on the stock market significantly faster than other platforms.

Let's take a look at some of the most notable characteristics of this trading platform India that make it so great.

• It includes more than 10 drawing tools and 105 indicators.

• Place orders directly from the charts.

• You can access historical market data for prominent stocks and shares.

• Examine the margin requirements and trading accounts.

• NSE Futures and Options, NSE/BSE Currency, and MCX are all available for trading.

• You can customise the platform's themes, notifications, and layouts.

• Anyone can set multiple watchlists anytime.

5 Paisa Trader Terminal

5Paisa is one of the most popular discount brokers in the country with more than 5 million installs and is available on iOS, Android, and Web. It offers trading options at just Rs. 20 per trade order for all Indian investors on any segment of trading. The app is easy to use with a simple interface that allows users to invest in stocks, open an account, track their portfolios, and more.

The following are the top-rated features of this best trading platform

• Online Investing with Mutual Funds, Gold, and Insurance

• You can put your money into stocks, shares, commodities, and currencies.

• Get the latest market quotes from the MCX, BSE, and NSE.

• For a more in-depth study, compare them to informative charts and illustrations.

• You can have multiple watchlists and can add up to 100 scripts per watchlist.

• You will have access to intraday trading and delivery.

• Pay for your order online with Netbanking or UPI

Angel Broking Speed Pro

To identify the best online trading platform India, the list would be incomplete without Speed Pro by Angel Broking being included. It was created with the goal of giving traders a simple and safe way to deal in stocks. The app gives investors access to main Indian marketplaces, data feeds, research, and many other features.

This best trading platform will allow you to trade a variety of assets from a single window. You'll also have instant access to up-to-date stock market data and intelligent trade assessment tools.

Let's have a look at what makes this platform so unique.

• The configurable toolbar allows you to customise the ribbon-style menus and quick links.

• It features multi-desk options, which means you may use the same tool on two desktop screens at the same time. As a result, you can quickly organise the chart panes and flip between screens.

• The combined best five - get a quick peek at the top five bids for buying and selling across the BSE and NSE 

• Open Live Markets in Excel with a fast refresh rate.

• Scrip addition is a function available for several sectors such as F&O, Commodity, and Currency.

• Apply for the mutual funds from the tool itself

• You can set up the alerts based on certain denied parameters

FYERS ONE

It's a good trading platform in India because it's available for PC and allows customers to trade in stocks from the comfort of their own homes. Fyers has been named one of the greatest trading software accessible by rating agencies due to its numerous features that both pros and inexperienced traders may enjoy.

The features of this trading platform India are meant to be simple to use and to provide you with a variety of features that will allow you to trade with ease. 

Look at the advanced features of this platform.

• The charting tool is highly sophisticated.

• Accepts payments via UPI.

• It operates on low bandwidth.

• The screener can scan for and display the most promising trade possibilities.

• The simulated portfolio is available so that all users may understand portfolio performance without risking any money.

• Indexed meters and a heat map are some of its advanced features.

• The 'intraday recovery' feature allows users to see which stocks have fallen and have a high likelihood of recovering.

Final Thoughts

Trading app activity increased by 48 percent between January and July of 2020 when compared to the same period last year. Every app is constantly documenting an increase in the number of installations and registered users. Trading has grown in popularity as one of the most popular types of investment. Trading is no longer restricted to a select few; instead, anybody with a computer or smartphone may trade. All you have to do is choose the best trading platform for your needs and begin your journey into online trading.