1. Zerodha (Kite)
Year of Service: 2010
Certified Status: SEBI Registered
Minimum Deposit: ₹200
Payment Methods: UPI, net banking, debit/credit cards
Overview: Zerodha is the largest retail stockbroker in India. Its trading platform, Kite, is known for its low-cost structure, as it charges zero brokerage on equity investments and only ₹20 or 0.03% (whichever is lower) per executed order for other trades.
The app is highly secure, with features like two-factor authentication. It offers a wide range of investment options, including stocks, mutual funds, commodities, and bonds.
The app is simple enough for beginners yet powerful for advanced users. Zerodha also has a rich knowledge base and educational content on its platform, making it ideal for students who want to learn and trade simultaneously.
2. Upstox
Year of Service: 2009
Certified Status: SEBI Registered
Minimum Deposit: ₹100
Payment Methods: UPI, net banking, debit/credit cards
Overview: Upstox is a popular discount brokerage platform known for its low-cost trading and fast order execution. It charges a flat ₹20 per order, regardless of trade size, which makes it a cost-effective option for students.
Upstox also provides various learning tools like blogs, videos, and webinars to help beginners understand trading. The app’s charting tools, real-time market data, and custom watchlists are designed to help users make informed trading decisions.
Upstox is backed by top investors, ensuring credibility, and offers 24/7 customer support, making it a reliable choice for first-time traders.
3. Angel One (Angel Broking)
Year of Service: 1987
Certified Status: SEBI Registered
Minimum Deposit: ₹100
Payment Methods: UPI, net banking, debit/credit cards
Overview: Angel One offers full-service brokerage with personalized advice and low brokerage fees, making it highly attractive to students. With its Angel iTrade Prime Plan, users pay zero brokerage on equity delivery trades and a flat ₹20 per order on other segments.
The app offers a wide range of trading options, including stocks, mutual funds, commodities, and derivatives. The platform includes advanced charting tools, real-time data, and personalized stock recommendations based on machine learning algorithms.
Additionally, Angel One’s ARQ Prime provides research-backed portfolio advice, which is particularly helpful for students just starting out.
4. Groww
Year of Service: 2016
Certified Status: SEBI Registered
Minimum Deposit: ₹100
Payment Methods: UPI, net banking, debit/credit cards
Overview: Groww is one of the simplest and most beginner-friendly investment platforms in India. It started with mutual funds and later expanded into stocks, digital gold, and ETFs (Exchange-Traded Funds). Groww is a zero-commission platform, which means users don’t pay any brokerage on mutual fund investments.
The app is known for its transparent pricing, user-friendly interface, and easy onboarding process. It also offers educational blogs, videos, and in-app tutorials for new investors.
The platform’s simplistic design and seamless user experience make it an excellent choice for students who want to explore the stock market without getting overwhelmed.
5. 5Paisa
Year of Service: 2016
Certified Status: SEBI Registered
Minimum Deposit: ₹450
Payment Methods: UPI, net banking, debit/credit cards
Overview: 5Paisa is a low-cost brokerage platform that offers flat-fee trading at ₹20 per order across stocks, mutual funds, and commodities. It also offers three subscription plans to cater to different types of investors: Basic, Power Investor, and Ultra Trader.
For students, the basic plan works well as it includes low brokerage fees. The app includes features like stock advisory, investment tips, and a Robo Advisory service, which builds personalized portfolios based on risk profiles.
5Paisa also has integrated insurance and loan services, making it more than just a trading platform. The app’s simple interface and multiple investment options make it highly appealing for students.
6. ICICI Direct
Year of Service: 2000
Certified Status: SEBI Registered
Minimum Deposit: ₹5,000
Payment Methods: UPI, net banking, debit/credit cards
Overview: ICICI Direct is part of ICICI Bank, one of India’s largest financial institutions, making it a highly trusted trading platform. While the minimum deposit is higher, ICICI Direct provides a range of services, including stock trading, mutual fund investments, bonds, and insurance products.
The app offers comprehensive research reports, stock recommendations, and portfolio management services. For students, it may be more suitable if they are looking for a long-term, stable investment platform with top-tier security and access to various financial products.
ICICI Direct also offers regular webinars and educational material to help users make informed investment decisions.
7. Paytm Money
Year of Service: 2017
Certified Status: SEBI Registered
Minimum Deposit: ₹100
Payment Methods: UPI, net banking, debit/credit cards
Overview: Paytm Money is part of the Paytm ecosystem, which is trusted by millions of users in India. The app offers mutual fund investments, stock trading, and digital gold purchases. Paytm Money is particularly appealing to students because of its low-cost structure and user-friendly interface.
The platform does not charge any commission on mutual fund investments, and stock trading is available at a flat fee of ₹15 per order. It also offers detailed reports, stock insights, and educational content to help users make informed decisions.
Paytm’s brand trust, coupled with easy accessibility and educational resources, makes it a good fit for new traders.
8. HDFC Securities
Year of Service: 2000
Certified Status: SEBI Registered
Minimum Deposit: ₹5,000
Payment Methods: UPI, net banking, debit/credit cards
Overview: HDFC Securities, backed by HDFC Bank, offers a wide range of investment options, including equities, mutual funds, fixed deposits, bonds, and insurance. Its trading platform is highly secure, and it provides detailed stock research and investment reports.
The app charges competitive brokerage fees and is suited for both beginners and experienced traders. Although the minimum deposit is higher, students can benefit from the educational webinars, research reports, and detailed market insights that HDFC Securities offers.
This platform is ideal for those who want to take a more structured and research-backed approach to trading and investing.
9. Sharekhan
Year of Service: 2000
Certified Status: SEBI Registered
Minimum Deposit: ₹400
Payment Methods: UPI, net banking, debit/credit cards
Overview: Sharekhan is one of the oldest and most respected brokerage platforms in India. It offers a full suite of trading options, including stocks, mutual funds, and commodities.
The app is well-known for its in-depth market analysis, educational content, and research reports. Sharekhan’s TradeTiger platform provides advanced trading tools for seasoned investors, but it also caters to beginners through its simple mobile app.
Students can benefit from its low minimum deposit and access to research-backed stock recommendations, helping them build a solid foundation in trading and investing.
10. Edelweiss
Year of Service: 1995
Certified Status: SEBI Registered
Minimum Deposit: ₹500
Payment Methods: UPI, net banking, debit/credit cards
Overview: Edelweiss is a full-service brokerage platform that offers stocks, derivatives, mutual funds, and commodities trading. The app provides personalized advisory services and features like live market updates, portfolio analysis, and technical charts.
It also offers ‘Stock Picks,’ a curated list of investment options, helping beginners and students make informed decisions. Edelweiss offers multiple payment methods and has a user-friendly interface, making it easy for new traders to get started.
The platform’s focus on research and analytics is beneficial for students who want to dive deeper into understanding market trends.
Conclusion
These apps not only provide a safe and legal way to start trading in India, but they also offer a wealth of educational resources, tools, and support to help students understand the stock market and trading strategies.
Always remember to start with small investments and gradually build your trading skills.
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