Top 5 Trading Apps 

Top 5 trading apps

Top 5 trading apps. In this blog we going to see about top 5 trading apps on mobile phone for beginners . There many apps in play store for trading but in this blog post we going to see about top 5  apps that are above 4 stars on play store . If want any translation men then use Google translated for good experience . Now let's start the blog .

Top 5 Apps For Trading,

There are several trading apps in India which you can download in your mobile and start trading in stock market directly from your mobile. But, which of these apps is the best where you get the best features and the best charts? And that too for Free. So, in this blog post, we will explain about Top 5 Trading Apps.

5. Fyers App :

Top 5 trading apps

This app is famous for its 3 things. First - Its simple User Interface. If you are a beginner in the stock market, as in, you just started investing in the stock market in that case, you want your app to be very simple and easy to use. And for that, this app is one of the best in the whole industry. The second thing is their TradingView Charts.Wouldn't it be awesome if you get these charts on your Broker's Platform too? And that is the reason I like Fyers app. (Top 5 trading apps)Because here you get TradingView charts. You get TradingView charts on some other apps too where you get access to these same indicators and these same tools. But here, 

3 things are different from everywhere else.

First,

Is their Time Frames. Here, you get much more time frames compared to other apps.

 Second, 

Their Intraday Data. Here, you get much more data compared to other apps. If you go back in history in Small Time Frame, you will find much more data here. Other apps have limitations to this.

And third,

You can add tools to Favourite list and create a 'Favourite Toolbar' using them.  I use this Favourite Toolbar a lot in my own trading.

Remaining features are like any other app. You can create basic alerts here. You can Buy or Sell stocks. All major types of orders are available here. If you use only a specific type of order, you can set it 'as default' in the settings so that, the next time when you click on Buy or Sell button, those order settings are automatically selected. You need not enter them all over again. Other than that, (Top 5 trading apps)you can switch between light mode and dark mode as per your personal preference. I like Dark Mode. So, I have chosen that mode in my app's settings. One more thing is interesting here.

 If you want to trade in International Currencies, like EURUSD, that option is available here. You can not trade in them at many top brokers in India. So, if you want to trade in currencies, for that too, it is a good app. 

But, the third thing, for which this broker is very famous for, that is its 30 Days Challenge. According to this challenge, if you are profitable after 30 days, then you are refunded all the brokerage paid by you in those 30 days. And with that, you are also issued a Certificate of Achievement. 

So, as a beginner, when we are still learning, we want our brokerage to be the lowest possible so that our chance of being profitable stays high. For that too, this is the best app. (Top 5 trading apps)This feature is not available in any other app, where you get your brokerage back. So, if you are a beginner, I would tell you - This is the best app for you. This app has very good charts. There are no distractions.

 And here, you also save on Brokerage. And you also get a certificate here. As a beginner, what else would you want! You can go there and sign up for Free. This app has some things which I do not like at all. There are some things which do not perform well in the live market. And there are also things which I like the most. Would you like to watch a Detailed Technical Review on this app? Where I test these features for you in the Live Market.

4. Espresso App :

Top 5 trading apps

If you like only Branded stuff, then I am sure you will like this app. Because Espresso is a Sharekhan's company. No matter how new you are to the stock market, you must have heard Sharekhan brand's name. 

You can say, Espresso is a low price version of Sharekhan brand. If we talk about its app, you will see some major upgrades and some minor changes compared to the previous app. Like, the first one is its charts, where you get their inbuilt charts instead of TradingView charts. 

If you do not like TradingView charts due to any reason, then you can try Espresso's inbuilt charts. You will not feel any shortage in terms of Time Frames here. Here too, you get a lot of time frames. The major difference that you will feel will be in its indicators list. (Top 5 trading apps)Because it is an inbuilt chart, as in, Sharekhan's own team is developing it, you will get new indicators comparatively faster. 

Meaning, you will get the updates comparatively faster. The next difference you will feel will be in its 'Place Order' page. Here, the required margin of an order is displayed above the 'place order' button. If you are doing Intraday Trading, then you need not visit the margin calculator page and calculate margin again and again. You will see the required margin for that order on the 'place order' page itself. You just have to change the quantity of the order.

 Accordingly, this required margin will keep on updating. And this is a good feature. The next difference you will feel will be in the CNC orders, which you use for Swing Trading and investing. Generally, the issue with these orders is, these orders are only valid for that same day. (Top 5 trading apps)And then they are automatically cancelled. 

But here, there is an additional option - 'GTD'. In this GTD order, you can set an expiry date for your orders. Meaning, these orders will not be cancelled at the end of the day, but on the expiry date that you choose. If you are into Swing Trading, then you must acknowledge that this is a very useful feature. Very few brokers are providing this option. 

The next major difference that you will notice is in its Market Watchlist. Here, you can apply different filters in Market Watchlist itself. If you are into Intraday Trading, then many of these filters will be very useful for you. This option is also missing in many top apps. But here, you get this feature, and it is good to see. The next major difference you will feel is in its Price Alerts feature. 

Here, you can set simple price alerts, but also, you can choose additional parameters too. Like, 52 weeks high, 52 weeks low etc. There is another interesting option here. If you want to get an SMS whenever your alert condition is triggered, then you can tick the SMS option here. In many top apps, there is no such feature available. So, if you use price alerts in your trading, then I am sure you will like this feature too. You get access to all other normal features here. Like, here too, you can switch between Light mode and Dark mode. 

I personally like Dark mode, so I keep it that way. Here too, you get an option to trade in International Currencies. In fact, here, you also get an option to edit columns in your watchlist. This option is not available in other apps. So, this is also interesting. There are several other things here, which you can customise. Overall, I like this app. But, this app also has some things which I do not like at all. The things, which do not perform that well in Real-Time. 

3. Stoxkart Pro :

Top 5 trading apps

Before talking about this app, I must warn you that some people might not like this app at all, and some people might love this app. Because this app has some major downgrades and some major upgrades. If we talk about the downgrades first, then the charts available here do not look good at all. So, if you use charts, then this app might not be for you. 

There are several other apps available in the market, which are much better than this. The second downgrade is in its 'Place Order' page, where you are not shown the required margin of the order. Meaning, you have to open the Margin Calculator every time to calculate the margin for that order. And the third thing, here GTD orders are not available (for swing trading) like in the previous app. 

So, if you are into swing trading, this might not be good news for you. Now, if these things don't concern you, then let's talk about the best things of this app which are not available in any other app. First, you get very interesting screeners in this app which can be very helpful in Intraday Trading. In this app itself, (Top 5 trading apps)you get access to major stock market news, you get interesting reports. If you track FII and DII data, for that too, many interesting options are available here where you can track this data in the app itself. 

And if you want to look into the insights of a stock, for that too, there are many interesting options available here. This is probably the only app where you get Time & Sales data on your mobile. So, if you use data for trading, then this app is the best. I couldn't find any better app than this. But, if you use charts for trading, then there are other better options available in the market. 

You can check our remaining list. How you think is this app? Good or Bad? You can let me know in the comments.

2. 5 Paisa :

Top 5 trading apps

And this is probably the most underestimated app in our list. When you open its charts, you might think that this app also has poor quality charts like the last app. And it is true. In these charts too, you don't get many Time Frame options. But here you get a unique option, which is not available in any other app. 

Here, you can do Drag & Drop Trading. You can drag this box where you want to place buy or sell order in your chart and click on Buy or Sell button there. And your order will be placed at that point. As simple as this. This same feature is available in Web Version of some apps. (Top 5 trading apps)As in, when you run the platform in your laptop, you will get this feature in a few platforms. But, no Mobile App is providing this feature as of now. And this is big. 

Other than that, here too, you get to see the required margin in the order tab. That is not missing here. Here also, you can use VTD orders for your swing trading. As in, you can set the expiry date of your order as per your choice. And if I talk about the screeners, this app has several more screeners compared to all previous apps. The last time when I counted the number of screeners available here, it was 75, which you don't get in other mobile apps. 

If you are into Options Trading or Futures Trading, for that too interesting data is available here. And if you want, you can place the orders directly from the Option Chain. This option is also not available in other apps. So, as I said earlier, this is a very underestimated app, which is very less famous, compared to what it deserves.

1. Kite by Zerodha :

Top 5 trading apps

This is at the top of our list. And that is because it has almost all the top features you saw in all the previous apps combined. And there are even more features available here which are not offered anywhere else in the industry. 

So, let's begin with its charts. If you like TradingView charts, you can use that. Or, If you like inbuilt charts, you can switch to that too. Both type of charts in a single app. You can use whichever you like. You get access to all the major time frames here, in both the charts. (Top 5 trading apps)You also get the Advanced Option Chain in this app. It is very visual. As in, here, with numbers, the OI at various Strikes is indicated using Bars. If you are into options trading, then this can be very helpful for you. 

Here too, at the time of placing orders, you get the required margin. In fact, here, you can switch between Exchanges while placing the order. If you are getting your stock for a lower price at the other exchange, you can buy it from there. It is a good option. And if you are into Swing Trading, then you can place GTT orders here, which expires after 1 year. As in, these orders will be valid till 1 year. 

Here, you get 20 Market Depth, instead of a normal market depth. This can be very useful for you if you do Intraday Trading. You don't get access to Level 3 Market Depth in any other app. And if we talk about Price Alerts, (Top 5 trading apps)the triggers that are available here, are not available in any other app. Here, you can choose from several parameters while setting alerts. The alerts feature of this app is much more advanced compared to all other apps. 

So, if you use Price Alerts, you will not get better features than here. Now, if we talk about its Technical Screeners, you get an option to even change Time Frame. You can use several pre-built screeners. There are several options available here. You can also use the 'Streak' feature to build your own screener.

That option is also available here. And my favourite feature, you can use this app to gift a stock. There are many more feature available here. (Top 5 trading apps)To cover them all, I may need to make a separate video. And this app also has some things, which I do not like at all. Which do not perform well in the live market. 

Tell About your trading experience in comments and tell about which app is best in your vision .

                               

                  Thank you😍😍😍    

                 நன்றி வணக்கம்🙏🙏🙏