Top Online Stock Trading Platforms in India

India has the largest population in the world with more than 1.4 Bn, but, few people invest in the country’s stock market. Recently, there have been lots of changes, as the National Stock Exchange (NSE) these numbers are growing and it reached 80 Mn (8 Cr) directly investing using PAN. As of September, there are 129.7 Mn (12.97 Cr) demat accounts open in India. Today, lots of people are attracted to it and opening such accounts, which shows the popularity of online stock trading in India.

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Best Online Stock Trading Platforms in India

Here we will see the Top 12 Online Stock Trading Platforms in India

1. Groww

Groww is one of the best online share trading platforms in India. It was founded by ex-Flipkart employees Lalit Keshre, Harsh Jain, Ishan Bansal, and Neeraj Singh in 2016. It emerged as one of the prominent platforms in India's digital discount broking industry.

The Minimal brokerage fee for Equity, Intraday, and F&O transactions is either Rs 20 per executed trade or 0.05%. It is registered through SEBI as a stockbroker, depository participant, and investment adviser.

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2. Zerodha

Zerodha is also one of the top online trading platforms in India. It is a pioneer in online discount broking, which was founded in 2010  by Nithin Kamath, Nikhil Kamath, and Dr. Kailash Nadh.The company holds its memberships with NSE, BSE, MCX, and CDSL, and follows all the rules related to it.

It is one of the trustworthy, safe, and reliable platforms. There are no brokerage fees for Equity Delivery and Mutual Funds. Apart from this they also charge Rs 20 per trade.

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3. Angel One

Angel One is one of the biggest trading platforms, formerly known as Angel Broking. It is one of the well-known financial services providers in India. over the years, the company has undergone significant evolution, they also provide a wide range of financial products and services.It provides a user-friendly, fast, and secure trading platform that comes with all essential features and tools for effective trading and investing.

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4. ShareKhan

The Sharekhan trading app is ideal for experienced traders and investors. It is renowned for its comprehensive demat and full brokerage services. The app supports trading and investment in equities, derivatives, currency, mutual funds, bonds, IPOs, and commodities and provides portfolio-tracking capabilities. Users can engage in both delivery and margin trading through the app.

Sharekhan’s app has innovative features like advanced search options, detailed chart analysis, and a consolidated view of options contracts on a single page, alongside other up-to-date tools. Notably, Sharekhan charges no fees for account openings and deposits, enhancing user accessibility.

5. Upstox

Upstox is one of the online stock trading platforms in India leading founded in 2011. It is regulated by SEBI and holds licenses as a stockbroker, depository participant, and commodity broker. It stands as one of the competitive brokerage spaces with a variety of unique features.It offers a wide range of products and services such as commodity, equity, futures and options (FnO),  IPOs, currency, and more. The Upstox Pro trading platform is known for its user-friendly interface, advanced charting tools, and seamless trading experience.

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6. Motilal Oswal Financial Services Ltd

Motilal Oswal Financial Services Ltd. (MOFSL) was founded in 1987. It is one of the most popular trading platforms that operate in compliance with regulatory standards.The platform offers a wide range of trading options, such as equities, commodities, derivatives,  mutual funds, IPOs, currency, US stocks, gold, fixed-income products, insurance,  and readymade portfolios.

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7. Fyers Investment App

FYERS is the top online trading platforms which shaped by insights from over 7,00,000 traders. It serves as online trading and investment platform in India, providing access to stocks, futures, options, commodities, mutual funds, ETFs, IPOs, SGBs, and corporate bonds effortlessly on our superfast stock trading app.

The Fyers investment app provides a versatile platform for trading across multiple segments including stocks, futures and options, commodities, and currency derivatives on the BSE and NSE exchanges. Additionally, the app features thematic investment options, enabling investors to invest in curated groups of stocks from diverse sectors based on specific themes.

8. Paytm Money Ltd.

Bengaluru-based Paytm Money Ltd. was founded in 2017. It is a discount brokerage firm and registered with SEBI as a stockbroker. It offers a wide range of services like direct mutual fund investment, equity trading, IPO investment, a pension scheme, ETFs, and digital gold.

Apart from this they also provide other services such as free Equity Delivery trading, zero-commission direct mutual funds, and a maximum brokerage charge of Rs 20 per trade.

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9. ICICI Direct

ICICI Direct is a part of the ICICI Group, is a stock trading platform in India, it specializes in online trading, where it offers a wide range of services for equity, commodity, and currency trading on NSE, BSE, and MCX. Apart from this they also offer fixed deposits, Mutual Funds & IPOs,  NCD, wealth products, bonds, Home Loans, and Loans against Securities.  They have a perfect balance between affordable fees and personalized service, providing research reports, investment tips, and more.

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10. Kotak Securities Ltd.

Kotak Securities Ltd was founded in 1994, it is one of the well-known full-service stock brokers offering retail investors in India with a 3-in-1 account.
It provides a wide range of investment opportunities such as equities,  commodities, derivatives, currency, and mutual funds. The best part is they have a zero brokerage plan aged up to 30 years.

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11. HDFC Securities Ltd

HDFC Securities is one of the prominent full-service stock brokers, it is a part of HDFC Bank. It was founded in 2000 and Registered with SEBI.
It specializes in trading and investment and helps in transactions across a wide range of financial instruments, such as shares, bonds, futures, mutual funds, options, IPOs, commodities, currency derivatives, and stock portfolios.

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12. 5paisa

5paisa is a Mumbai-based full-service discount brokerage company. It provides financial products with the help of technology and mobile applications.
The company is registered with SEBI as a stock broker, depository participant, and research analyst. Apart from this it also registered with AMFI as a mutual fund distributor.

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Conclusion

Online stock trading platforms in India is one of the booming industries. These platforms provide a wide range of options to their investors. Many platforms offer cost-effective investment, user friendly interference. Apart from this these platforms also help in bombing the Indian economy. These platforms play an important role in the Stock Market.

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