Investment apps have been a growing fad when it comes to achieving financial independence and receiving advice for it. Various apps are made to aid you in making Investments into Mutual Funds, stocks, and initial public offerings. In recent times many people are searching for Best Investment Apps in India so that they can feel secure while investing money.
Applications come in handy to go through your investment stratagems and research ideas on the go as they’re miniature versions of full-fledged financial markets.
Best Investment apps
Groww
Kite by Zerodha
5 Paisa Mobile Trading App
Upstox Pro Mobile Trading
Angel Broking App
ETMONEY
Choice FinX App
What to consider when choosing a financial Investment app?
Brokerage Charges
Interface
Comprehensibility
Watchlists
Speed and Security
Additional information
Best Investment apps in India
Here’s a list of Investment Apps (not in ranked order)
Groww
Groww is registered with AMFI & SEBI and all mutual fund companies (AMCs). Bangalore, Karnataka-based online investment platform ‘Groww’ allows investors to invest in mutual funds and stocks and is valued at a billion dollars.
Invest in
- Equity
- Mutual funds – small-cap, large-cap, mid-cap, multi-cap for the long term
- Balanced funds
- Gold funds
- Sector funds
- International funds
- SIP
Features
- Customized watchlists
- Live share prices and their movements of all stocks listed in NSE and BSE.
- Highly secure for trading; as it has 128-bit SSL Encryption.
- Latest finance news
- Stock analysis within App
- Company information available
- Easy tracking of invested instruments
- Charting tools
- Brokerage calculator
- Zero account opening charges
Apple store: Download Groww App From Apple Store
Google play store: Download Groww App from Google Play Store
Kite by Zerodha
Zerodha’s new app Kite is Zerodha’s flagship trading platform. The company serving in multiple countries gives a top-notch discount, broking model, and broking services to their customers using advanced technology.
Invest in
- Stocks
- Commodity
- Currency
- Derivatives
Features
- Works well in low bandwidth
- Supports up to 10 regional languages
- Simple, elegant interface
- Customizable multi-market watch list views
- Multi exit on positions
- Biometrics for login
- Inbuilt console reports
- Speed improvement
- Newly built using novel Technologies
- New screen for all trading Instruments
- Filter for market watch and all other trading listings
- Rs 300/- for opening an account
- Finally, the dark mode which is needed these days!
Apple store: Download Kite by Zerodha App From Apple Store
Google play store: Download Kite by Zerodha App from Google Play Store
5 Paisa Mobile Trading App
This Mobile app allows you to place one-click managing orders. mutual funds, buy digital gold, insurance, and take personal loans from the app itself. It also has 100+ predefined stock screeners, access to advisory products.
Invest in
- Gold
- Insurance
- Mutual funds
- Personal Loans
- Shares
- Equity
- Derivatives
- Currency F&O
Features
- Free Mutual Fund account
- Multilingual trading app
- Lowest DP Charges
- 5Paisa doesn’t offer NRI Trading services.
- Offers technical, derivative, and fundamental research & advice prompts for
- ‘Auto Investor’ tool is available free
- 5Paisa offers three subscription plans
Apple store: Download 5 Paisa App From Apple Store
Google play store: Download 5 Paisa App from Google Play Store
Upstox Pro Mobile Trading
Upstox Pro is a free web-based trading platform made with HTML5 technology and is noted for its speed and simplicity. It allows trading on exchanges like BSE and NSE.
Invest in
- Shares
- Equity
- Derivatives
- Currency F&O
Features
- It has a facility to directly trade from charts using the TFC option.
- It has a clean and clutter-free interface
- Unlimited customize watchlists
- Unlimited price alerts.
- Charting features
- Built using HTML5 technology
- Highly customizable as per trading needs
- Access to predefined watch-list of Nifty 50 and other indices
Apple store: Download Upstox App From Apple Store
Google play store: Download Upstox App from Google Play Store
Angel Broking App
Angel broking is one of India’s largest full-service retail brokers, specializing in online discount broking. Stock and commodities broking, investment counseling services, managing finance, loans against shares, and financial product distribution are among the company’s investing and trading services.
Invest in
- Shares
- Equity
- Derivatives
- Currency F&O
- Mutual funds
- Bonds etc.
Features
- Customized watchlists
- Live share prices and their movements of all stocks listed in NSE and BSE.
- Personalized notification alerts for trades and ideas.
- View Demat Account Holdings.
- Real-time online fund transfer
- The app has an intuitive design and an easy interface. It offers over 40 technical chart indicators and overlays for technical analysis and trading.
- It also provides a self-developed Angel’s ARQ tool to enhance portfolio performance.
- You can access the past 10 transactions for Ledger, Funds and DP reports directly from the app.
Apple store: Download Angle One App From Apple Store
Google play store: Download Angle One App from Google Play Store
ETMONEY
It is one of the safest apps in the Indian market for transactions. It’s the Times Internet-backed finance app. It is made by the Times of India Group Company which is India’s largest media conglomerate. Association of Mutual Funds of India (AMFI) certified distributor.
Invest in
- Gold
- Insurance
- Mutual funds
- Personal Loans
Features
- Investment in direct mutual funds
- Personal loans
- Investment in insurance
- Option to check credit score
- Smart deposit account
- Expense manager
Apple store: Download ETMoney App From Apple Store
Google play store: Download ETMoney App from Google Play Store
Choice FinX App
Choice introduced its trading platform to make trading and investing easy and hassle-free. The platform has features including advanced charting and studies, in-app research calls, an option chain, news, a look at the entire market, a consolidated scrip page, etc.
Invest in
- Stocks
- Mutual Funds
- ETF
- Bonds
- Government Securities
- Treasury Bills
- Sovereign Gold Bonds
- State Development Loans
- Corporate Fixed Deposit
Features/ Offers
- Free Demat Account Opening
- Free AMC Charges for the first year
- Lowest DP Charges
- Free Call for Trade Facility
- No Square Off Charges
- Free Research and Advisory
- Free Access to Research Tools Worth Rs. 50,000
- One account for every type of investment
Google Play Store – Download Choice FinX From Play Store
App Store – Download Choice FinX From App Store
Demat Account – Open Demat Account with Choice
What to consider when choosing a financial Investment app?
Brokerage Charges
All the apps mentioned here take Zero commission with different account opening charges. The Brokerage may slightly differ for each app in different types of trade. It is necessary to see that the charges are low on the type of trades you want to indulge in most.
Interface
Make sure the app you choose has an easily comprehensible interface.
Some apps may provide you with too much information that may either be redundant or is too complex for non-finance professionals to understand.
Be aware of your current level of understanding financial numbers and accordingly choose an app that matches your wavelength.
Comprehensibility
Choose an App with a clutter-free design. Giving too much information on a single page might cause you to lose sight of what you are actually looking for or even leave you confused.
Watchlists
Choice of customizable watch lists. Although it is completely up to the person, it would always be better to sort out your investments according to your preferences.
Ex: Long term, short term, In 5 days, For a month, Intraday. (Time)
Ex: Oil, Energy, Steel, Clothes, IT, Telecom, Pharmacy (Niche)
Speed and Security
Fast and Secure. These two factors must always be kept in mind. Secure transactions are a top priority whereas it has to be quick and seamlessly done to avoid delays in payments.
Additional information
Also, most apps provide research ideas for you to place your investments in. However, it is totally up to the investor if the person wants to invest or not. It’s usually optional but a worthy function to put on your checklist while hunting for the best app for you.
There are plenty of investment apps in the market which provide various services. It is totally up to the user’s discretion to find out if they fit into their comfort and align with their priorities. The thing that matters the most is for you to be able to invest worry-free and make the right choices.
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