While it is perceived that trading and students don’t go well together, that’s not entirely true! With evolving advancements in the technological landscape, a few trading apps have transformed the trading process for students and young investors to engage with or understand the financial market. Sounds interesting?
In this blog, we will highlight top trading apps for students to help them begin investing at a young age.
Top Trading Apps For Students In India Overview
Advanced tools or trading applications allow students to access market data, build and manage their portfolios, and execute diverse trades easily, all through a user-friendly interface and navigable features.
Finding an accurate trading-based application can feel like a daunting task. However, make sure potential applications possess aspects like a flawless user interface, research tool, market access, security measures, and more.
Top 4 Trading Apps For Students To Consider
As a student considering beginning trading, you must look for apps that offer simple UI, clutter-free information, and minimal cost for brokerage or for utilising the trading. To help you understand the varied factors of market trends and relevant data quickly, we list top trading apps for students that are easy to use, navigate and begin the trading journey seamlessly.
1. Grow App
One of the most reliable trading apps for students is GROW, which offers a reasonable brokerage discount. You can effortlessly download this app through the Google Play Store for Android users or the App Store for iOS users.
| Factors | Credentials |
| No of Charts | 3 |
| No of Indicators | 50+ |
| Trading Charges | Rupees 20 |
To begin with, when trading apps for students like Grow, consider opening a GROW Demat Account through your phone number or email ID. The process of opening an account with this application follows a procedure of e-KYC, which is paperless and accessible, making it an ideal option for students.
In addition, Zero account opening charges and Zero account maintenance charges are two main features that attract many students to this application. Students can have a Demat Plus account for free, and they only need to pay for brokerage when they trade through this application.
Features Of GROW App
- Easy order placements
- Simplified User Interface
- Advanced charts for seamless analysis
- Real-time access to market updates
Benefits Of Trading With GROW
- Free account maintenance & opening
- Low brokerage cost
- Access to watchlist portfolio tracker, SIP calculator
- Insightful research reports, trade recommendation
2. Upstox Mobile App
Upstok app is known as one of the best trading apps for students. It offers exceptional features like a user-friendly interface and seamless analytics and offers an affordable trading experience. Whether you are a student or a beginner investor, Upstox is an ideal option as it offers a range of investment opportunities.
| Factors | Credentials |
| No Of Charts | 5 |
| No of Indicators | 100+ |
| Trading Cost | Rupees 20 |
Upstox is considered one of the most convenient trading apps for students. It does not have any account maintenance charges; however, users need to pay around Rs 199 to open an account.
In addition, the highest brokerage cost in this application is around Rs 20, a minimum of 0.05% of total trade value in equity intraday and equity futures and 2.5% of trade delivery. While the cost of trading via Upstox is convenient for a beginner or a student, you must know certain features before trading with this app.
Features Of Upstox App
- Seamless trading experience with real-time data access
- User-friendly features and interface
- Access to commodities and derivatives
- Effective chart-based tools
- Assist users in making informed trading decisions
Benefits Of Upstox App
- Advanced chart and analysis tools
- Simple and quick opening account process
- Access to mutual funds and IPOs
- Minimal brokerage cost on equity delivery
3. Kotak Securities App
Kotak Securities, which was initially a bank-based stockbroker, now offers a seamless trading application that allows users to experience flawless investments or trades. The seamless trading apps for students are known for providing convenience, robust features, and minimal brokerage cost.
| Factors | Credentials |
| No Of Charts | 4 |
| No Of Indicators | 100+ |
| Trade Charges | Rupees 20 |
Kotak Securities application offers a plan named – Kotak Securities Zero Brokerage Plan wherein everything is free for an initial two years for users below 30 years only. The application does not charge for opening an account. However, it includes a one-time subscription fee of around Rs 499 to access the plan for the first two years.
Features Of Kotak Securities App
- Various watchlists to list and track priority stocks
- Real-time access to market movements
- SOR for offering clarity on the stock exchange
- Advanced charts & indicators for practical analysis
- Heatmap feature for identifying companies in trend
Benefits Of Kotak Securities App
- Easy access to stock prices
- Quick access to evolving stock ratios
- Offers customised trading experience
- Free opening account process
- Access balance sheets, P&L, and cash flow statements
4. Angel One
AngelOne is considered an inclusive trading app for students as it provides a range of robust features for beginner investors, traders, and students. Users can easily access trading in equities, US stocks, IPOs, mutual funds, commodities, and more all through this application.
| Factors | Credentials |
| No of Charts | 6 |
| No Of Indicators | 80+ |
| Trade Charges | Rupees 20 |
Angel One provides a user-friendly interface with features like an option chain, diverse watchlists, and stock updates, and simplifies the process of placing orders for users through streamlined charts. Additionally, this application enables users to access stock picked by Angel One Advisors. It provides a learning center customised to the user’s investment choices – ideal for beginner traders and students.
Features Of Angel One App
- Inclusive trading and investment experience
- Provides seamless research and trade advisory services
- User-friendly interface, easy-to-use features
- Multiple traditional segments like commodities & forex
Benefits Of Angel One App
- Comprehensive research reports and trade-based tips
- A customized trading experience for beginners
- Access IPOs, mutual funds, and more
- Provides dedicated relationship managers
How To Begin Investing With Trading Apps For Students?
After identifying your ideal trading app, as a student, it is essential to follow a few guidelines to experience a seamless and error-free trading or investment journey in the long term. For your better understanding, we list a few factors you need to consider when you trade through the apps discussed above.
- Select an app that meets your needs: Identify your trading requirements and expectations before beginning the journey, and accordingly trade with a suitable application.
- Understand the app’s functions: Before selecting an ideal app, determine its features, research-based tools, availability of real-time market updates, trade charges, or charges for opening or maintaining an account, and whether customisable features are available.
- Check for security measures: Select an app focusing on security measures such as multi-factor authorisation, end-to-end encryption, or features to protect your investments and avoid inconvenience.
FAQs
1. Can I do trading as a student?
You can start trading as a student through easy-to-use trading apps like Grow, Angel One, Upstox, and more. Identify your investment requirements and start trading with zero to minimal brokerage costs.
2. Which trading platform Is Best For Students?
Trading platforms or apps like Grow, Kotak Securities, Upstox, Paytm Money, and more offer user-friendly features, personalised recommendations, varied charts, real-time market data, and more to simplify trading for beginners.
3. Which app is best for learning trading?
MarketSurge, Stash, E-Trade, and more are recommended applications for students or beginner investors to learn varied aspects of trading.
4. Who is the No. 1 trading app in India?
The best trading apps in India are Zerodha Kite, Upstp, Angel Broking, 5paisa Online Trading app, and more.
5. Can I start trading with 100 rupees?
Yes, you can begin trading with 100 rupees in India. However, it is recommended to have a good understanding of trading strategies before starting with low capital.
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