Which is the Best Apps for Beginners Stock Investors?

Stock Investors
Stock Investors

Investments do not just have to be in real estate, gold, or banks, do they? You can expand that horizon and get another view. Let us talk about investments in other markets – such as the stock market. It is not as hard as it initially used to be, and everything is just done online now. You can access varied stocks from different companies of the spectrum through your convenience, and simpler – just through your phone. How many apps do you download on a daily basis? We all do! Here we can speak about some of the best apps to download for stock trading, but before that, let’s get a little nudge into the concept.

What is Stock Trading?

Trading stocks is buying the shares of an organization, and that means you become part-owner of that company. You can buy stocks online, just with your mobile phone application, and then sell them with the prices shoot up – this way, you are making a lot of profits.

Tip:- When you choose a trading application – you need to look for the ones that give you the most advanced options to place your order. The more advanced, the better for your investments.

Renowned Trading Apps in India

Here are some apps that can help you get started with online trading in no time. These apps are known for their speed of trading and processing orders and can assist you in the error-free procedure.

  1. Upstox Pro App

This application is known for its technology, dwelled upon for being fast and safe – it is loaded with that are created for a great trading experience.

Features of Upstox Pro App

  • It provides a good charter tool and has integrated charts that you can work and analyze the price movements – these charts can also be accessed through phones.
  • It has the option to filter investment choices.
  • In this app, you can create multiple watchlists.
  • It has an extremely user-friendly interface, and everything can be hassle-free.
  • There are various trading characteristics, such as stop-loss, OHCL data, and more.
  1. Angel Broking

It is one of the best Trading App in India and an application that has millions of users. The application has been created to ease trading on the clients, and it has 100+ features that comply with that motive.

Features of Angel Broking App

  • It is an application with a broad variety of tools such as integrated charts, technical indicators, and more.
  • It has tie-ups with over 40 national and private banks to ensure safer and better transactions.
  • It gives you in-depth reports about the market on the mobile application, which can be read for free.
  • You can manage your portfolio right on the phone.
  • They have customer support that you can directly contact.
  • The app uses a smart API to execute orders.
  1. Groww App

The Groww app is one of the most simple apps to use – and one of the best Online Trading App in India. Groww is a major stockbroker in the Indian market, and it also has a variety of features on its app to enhance trading and investing activities. It is also an application with one of the highest security levels, and it protects all client transactions.

Features of the Groww App

  • It is an easy-to-use application with a simple sign-up process.
  • It assists the users with shortlisting stocks and mutual funds based on category and more.
  • The application has an in-built mutual fund calculator to help calculate returns and interest.
  • There is also one click buy and sell option.
  • It gives the user an ample set of technical charts, indicators, and various other tools.
  • It allows real-time share price representation on the application of all companies and indices.
  • The app also has a highly user-friendly interface.
  • It also provides updates and news.
  • It uses 128 bit SSL encryption to protect all data and transactions.
  1. Zerodha Kite

Zerodha is well known for the tech-first approach and heavy discounts on brokerage. It is also one of the most famous trading applications with huge demand among traders for its super-fast processes.

Features of Zerodha Kite App

  • The has an in-built from scratch with the newest technologies.
  • It is also one of the most powerful apps to date.
  • The speed of order execution is remarkable.
  • The app asks for fingerprint and faces recognition as a security measure – increasing its security measures.
  • A high number of widgets can be added to the application.
  • There is a broad variety of technical analysis tools and charts with varied time frames.
  • The app has advanced filter options to shortlist the stocks needed to be tracked.
  1. Sharekhan App

The Sharekhan App is pretty simple, yet it is also known to be a powerhouse application in the market.

Features of the Sharekhan App

  • It has various market watchlist characteristics.
  • It is an application that is extremely easy to start using.
  • They have a virtual portfolio section to keep track of the performances of the portfolio.
  • It has various charting options and tools.
  • It also gives the chain feature.
  1. Motilal Oswal MO Investor App

Motilal Oswal MO Investor App is a creation for both – beginners and pros, and the application has over 5 lakh downloads.

Features of the Motilal Oswal MO Investor App

  • It gives a wide portfolio snapshot that makes sure portfolios are rightly tracked.
  • It also offers quote pages with fundamental analysis.
  • The application has a Robo advisor.
  • The app has a stock scanner to search for equity and commodity trading.
  1. IIFL Market Trading App

IIFL Market Trading App is one of the highest rates apps and is awarded for its simplicity, security, ease of use, and others. It has been a great trading application for a year together.

Features of the IIFL Market Trading App

  • It has all the latest data in a feature known as the buzz.
  • The application gives alerts and notifications on prices.
  • There are various watchlist customization choices.
  • The application contains a distinctive channel for support and more.
  • It also has a secure login with a 4-digital passcode.

This list can go on. There are still applications, such as HDFC Securities, Edelweiss Online Trading App, 5paisa online trading app, and much more. These applications can help you make tremendous profits when utilized. So, go ahead – give them a try.

Heads Up – Make sure you test different apps to know which is the right type of one for you. Different applications majorly serve different needs – let me give you a small list as an example.

What are these Apps Best For?

  1. Upstox Pro App – Best for instant investing.
  2. Angel Broking App – Best for beginners.
  3. Groww App – Best for investors looking for loads of tradable items and quick investments.
  4. Zerodha Kite App – Best for one place all.
  5. Sharekhan App – Best for the most active traders.
  6. Motilal Oswal MO Investor App – Best for beginners.
  7. IIFL Market Trading App – Best for beginners.

Conclusion

Choosing the right application to start investing and trading in the stock market has a lot to do with how you will be performing with your investments. So, make a wise decision – with expertise on some of the best trading applications in India.

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