In recent years, India’s financial markets have become more accessible to individual investors, thanks to the proliferation of user-friendly trading applications.
These platforms offer a range of features, including low minimum deposits, making it easier for beginners to start their investment journeys.
1. Zerodha Kite
Zerodha’s Kite is renowned for its intuitive interface and comprehensive trading tools. As one of India’s leading brokerage firms, Zerodha offers zero brokerage on equity delivery trades and a flat fee of ₹20 for intraday and F&O trades.
The platform does not require a minimum deposit, allowing investors to start with an amount they are comfortable with. Kite provides advanced charting features, real-time data, and a seamless trading experience, making it suitable for both beginners and seasoned traders.
2. Upstox Pro
Upstox Pro is another popular trading app in India, offering a user-friendly interface and a suite of advanced charting tools with over 100 technical indicators. The platform charges a flat fee of ₹20 per trade and does not mandate a minimum deposit, making it accessible to investors with varying capital levels. Upstox Pro supports instant investing and allows users to set unlimited price alerts, ensuring they stay informed about market movements.
3. Groww App
Groww has gained popularity among new investors for its simplicity and straightforward account opening process. The platform allows users to open a free Demat account with zero maintenance charges. Groww charges ₹20 or 0.05% per executed order, whichever is lower, and does not require a minimum deposit, enabling investors to start with any amount. The app offers real-time data, a clean interface, and educational resources, making it an excellent choice for beginners.
4. 5paisa App
5paisa is known for its competitive brokerage rates and a range of investment options, including stocks, mutual funds, and insurance. The platform charges a flat fee of ₹20 per trade across all segments and does not require a minimum deposit, making it accessible to a broad spectrum of investors. 5paisa offers features like auto-investing and regular market analysis, providing users with tools to make informed investment decisions.
5. Angel One App
Angel One (formerly Angel Broking) offers a comprehensive trading platform with a user-friendly interface and a range of investment options, including stocks, commodities, and mutual funds. The platform charges ₹20 per executed order and does not mandate a minimum deposit, allowing investors to start with an amount they are comfortable with. Angel One provides advanced charting tools, real-time market data, and personalized advisory services, catering to both beginners and experienced traders.
6. ICICI Direct App
ICICI Direct is a well-established platform offering a wide range of investment services. The app charges ₹20 per executed order and does not specify a minimum deposit, making it accessible to investors with varying budgets. ICICI Direct provides features like margin trading, real-time data, and a user-friendly interface, ensuring a seamless trading experience.
7. Paytm Money
Paytm Money offers zero commission on direct mutual funds and charges a flat fee of ₹15 per trade for equity investments. The platform does not require a minimum deposit, allowing investors to start with any amount. Paytm Money provides a fully digital account opening process, real-time market data, and a range of investment options, making it a convenient choice for investors.
8. Edelweiss App
Edelweiss offers real-time streaming of stock prices and advanced market analysis tools. The platform charges ₹10 per executed order and does not mandate a minimum deposit, making it accessible to investors with varying capital levels. Edelweiss provides a user-friendly interface, quick fund transfers, and personalized advisory services, catering to both beginners and seasoned traders.
9. FYERS App
FYERS is known for its advanced trading tools and zero brokerage on equity delivery trades. The platform charges ₹20 per executed order for intraday and F&O trades and does not require a minimum deposit, allowing investors to start with any amount. FYERS offers real-time data, advanced charting features, and a seamless trading experience, making it suitable for both beginners and experienced traders.
10. AliceBlue App
AliceBlue offers a range of trading options, including equities, commodities, and futures, with one of the lowest brokerage charges in the industry. The platform charges ₹15 per executed order and does not mandate a minimum deposit, making it accessible to investors with varying budgets. AliceBlue provides advanced trading tools, a user-friendly interface, and quick fund transfers, ensuring a seamless trading experience.
When selecting a trading app, it’s essential to consider factors such as user interface, brokerage fees, available features, and customer support. The platforms mentioned above offer low or no minimum deposit requirements, making them suitable for investors looking to start with a modest capital. It’s advisable to explore each platform’s features and choose one that aligns with your investment goals and preferences.
