Online trading platforms provide you with access to investments such as stocks, bonds, ETFs, and mutual funds, allowing you to create an investment portfolio that meets your financial objectives.
However, each platform has its own set of features and sometimes complicated fee structures, making it difficult to choose. Continue reading to learn about the best online trading platforms and how to choose the best one for your financial goals.
Here are the top 10 companies listed in India
- Zerodha
Zerodha is a well-known Indian online discount brokerage firm that provides trading services in stocks, derivatives, commodities, and currency across major Indian exchanges. Nithin Kamath founded it in 2010 and has since grown to become one of India’s largest and most popular online brokerage firms.
Zerodha is well-known for its user-friendly trading platform and low brokerage fees. The company charges a flat brokerage fee of Rs. 20 per trade, regardless of the size of the trade, making it a cost-effective option for small and medium-sized investors.
- Upstox
Upstox is another popular online discount brokerage firm in India that provides trading services in stocks, derivatives, commodities, and currency across major Indian exchanges. Ravi Kumar and Kavitha Subramanian founded the company in 2012, and it has since amassed a significant market share in the Indian online brokerage space.
- Groww
Groww is a popular Indian online investment platform that allows investors to invest in a variety of financial instruments such as mutual funds, stocks, gold, and other commodities. Lalit Keshre, Harsh Jain, Neeraj Singh, and Ishan Bansal founded the platform in 2016, and it has since grown to become one of India’s most popular online investment platforms.
Groww is well-known for its user-friendly interface and dedication to making investment accessible and simple for all. The platform provides a hassle-free investment experience, with no paperwork, transaction fees, or hidden fees.
- Paytm Money
Paytm Money is an Indian online investment platform that allows users to invest in a variety of financial instruments such as mutual funds, stocks, and other securities. The platform was launched as a subsidiary of Paytm, one of India’s largest digital payment companies, in 2018.
Paytm Money also provides a number of value-added services, such as personalized investment recommendations based on your investment goals and risk tolerance, as well as a wealth management service for individuals with high net worth. Paytm Money has earned a reputation in the Indian investment community for its user-friendly platform, low fees, and dedication to making investment available to all.
- ICICI Direct
ICICI Direct has earned a reputation in the Indian investment community for its sophisticated trading platform, research and analysis capabilities, and ability to provide a diverse range of investment products through a single platform. Through its online platform, ICICI Direct also provides a variety of investment products such as mutual funds, fixed deposits, and bonds.
- HDFC Securities
HDFC Securities is an online brokerage firm that provides trading services on major Indian exchanges in stocks, derivatives, commodities, and currency. The platform, which was launched in 2000, is a subsidiary of HDFC Bank, one of India’s largest private sector banks.
In addition to trading services, HDFC Securities’ online platform provides a variety of investment products such as mutual funds, fixed deposits, and bonds.
- 5 Paisa
5 Paisa was launched in 2016 by the IIFL (India Infoline) Group, a leading financial services company in India. It provides a variety of value-added services, including personalized investment recommendations based on your investment goals and risk tolerance, as well as a research and analysis portal with in-depth market analysis and insights.
- Sharekhan
The platform was established in 2000 as a subsidiary of BNP Paribas, a leading global financial services firm. Sharekhan provides a variety of value-added services, such as personalized investment recommendations based on your investment goals and risk tolerance, as well as a dedicated customer support team that assists with trading and investment-related questions.
- Angel Broking
Angel Broking is well-known for its sophisticated trading platform as well as its research and analysis capabilities. The platform provides a variety of trading tools and features, such as real-time market data, advanced charting, and analysis tools, to assist investors in making informed investment decisions. The platform was launched in 1987, and is one of India’s largest full-service retail brokers, serving over 1 million customers.
- Kotak Securities
Kotak Securities was launched in 1994. Through its online platform, Kotak Securities also provides a variety of investment products such as mutual funds, fixed deposits, and bonds. Kotak Securities also provides a variety of value-added services, such as personalised investment recommendations based on your investment goals and risk tolerance, as well as a research and analysis portal with in-depth market analysis and insights.
