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HomeInvestment11 Best Online Trading Platform In India 2022 (Fastest Platform)

11 Best Online Trading Platform In India 2022 (Fastest Platform)

Best Online Trading Platform In India 2022, Best Trading Platform in India for Beginners, Which Platform is best for Trading, Best Trading Platform in India, Which is the fastest trading platform:

While choosing the best trading platform in India, we need a good trading platform speed for seamless trading online, real-time market data and handy tools for advanced charting. Though it is very difficult to choose the best online trading platform in India, we may choose best fitted platform according to our need by reading the detail review of the best online trading platform in India.

Best Online Trading Platform In India

There are 3 types of interfaces available for best online trading platform in India as follows:

  • Desktop-based
  • Web-based
  • Mobile App based

Desktop based trading platform is the fastest among all the three platforms and is suited to professional traders who want to place orders instantly.

We can place orders with the help of shortcut keys in a desktop based trading platform. The trading software needs to be install on your PC or laptop to use the same.

Web-based trading platform is like a URL (website address) for login and is accessible over any compatible browser. Web-based trading platforms are bit slower as compared to desktop-based platforms.

Mobile apps based trading platforms are becoming more popular because of their ease to trade anytime and anywhere. Most of the stockbrokers are now providing Android and iOS-based apps to trade.

Top Picks of best online trading platform in India:

Trading platform Based on Broker Unique features of trading platform Market Cap Top offers
Zerodha Kite Web/Mobile Zerodha Free Equity & Mutual Funds, Advanced Chart, GTT 22% Open Account
Upstox Pro Web/Mobile Upstox Fast login , multiple charting tools 14% Open Free Account
5 paisa Mobile 5 paisa Order slicing feature, Most user friendly , quick chart loading 4% Open Account 
Angel Speed Pro Desktop/Mobile Angel Broking Scrip-wise buy price, day’s gain/ loss and quick reports 11% Open Account 
Sharekhan Trade Tiger Desktop Sharekhan Stock Scanner & Heatmap, Advance option chain 5% Open Free Account
Motilal Oswal-Orion Lite Desktop Motilal Oswal Customizable Charting/ 3000+ research report/ Multi Asset Watch 3% Open Account
FYERS ONE Desktop Fyers Technical screeners, market news, portfolio tracker 2% Open Account
Trade Racer Desktop ICICI securities Fastest trading platform, quick fund withdraw, GTT orders 14% Open Free Account
 Trader Terminal Desktop IIFL Single integrated window to Buy / Sell, interactive charting 13% Open Account

Contents

Best Online Trading Platform in India 2022

Please find below the list of best online trading platform in India review with pros & cons.

#1. Zerodha Kite Trading Platform Review (Best online trading platform in India)

ZERODHA KITE

Zerodha Kite is one of the best online trading platform in India which is bandwidth consumption of fewer than 0.5 Kbps. It has no specific system requirements, but we need a decent internet speed.

With Zerodha Kite, we have access to full Marketwatch & extensive charting with over 100 indicators and 6 chart types. To aid trading we have on hand an extensive historical price data for stocks and F&O contracts.

The platform let us place Bracket and Cover orders in milliseconds. Also we can view 20 market depth (trade quotes) to gauge market liquidity and trade accordingly.

Using Kite, we can search and trade 90,000+ stocks and F&O contracts across multiple exchanges.

Kite is loaded with an intuitive designed sleek interface where we can analyze, trade and manage our portfolio in personalized way.

Prose:

  • 100+ indicators and 6 chart types
  • Very low bandwidth consumption of 0.5 kbps
  • View upto 20 market depth

Cons:

  • Cannot trade directly from charts

#2. Upstox Pro Web Trading Platform Review (Best online trading platform in India)

UPSTOX

UpStox Pro is also a web based best online trading platform in India which is best viewed on Google Chrome.

The Upstox Pro Web trading platform is not require any specific hardware or software requirements. This trading platform will work on any configured PC irrespective of the operating system. All we need is good internet speed and a web browser.

To help us spot market trends and make informed decisions, the UpStox Pro web comes with powerful customizable charts with 100+ indicators.

We can place cover orders and bracket orders from a single order entry form. Further to that, the widget feature helps in personalizing the platform to suit our unique trading style.

Upstox Pro Web offers a wide variety of widgets such as

  1. Watchlist
  2. Charts
  3. Order Book
  4. Position Book.

We can use 107 indicators and historical data for the last 10 years. The charting duration range can be customizable from 1 minute to 1 month.

Also, the UpStox Pro web platform let us place an order directly from the charts by clicking on the chart.

Pros:

  • Customizable charts and 100+ indicators
  • Widget feature to personalize the platform
  • Place an order from charts

Cons:

  • No market depth tool like Zerodha

Best Online Trading Platform in India 2022 with Mobile Interface

#3. 5 Paisa Mobile Online Trading App Review (Best online trading platform in India)

5 PAISA.COM

5 Paisa mobile trading app, one of the best online trading platform in India, helps us to trade in equity, invest in mutual funds, buy digital gold, insurance and also to take personal loans.

We can place orders in a single click order placement. The app is featured with advanced charts, drawing functionality and stock research to aid our trading.

Further to that, there are reviews of slow chart loading and inadequate customer service on the app stores.

Pros:

  • Advisory products accessibility
  • 100+ predefined stock screeners
  • Multiple range of product like gold, insurance, mutual fund and personal loan

Cons: 

  • Inadequate customer service
  • Large (176.9 MB) app size for iPhones

#4. UpStox Pro Mobile Online Trading App Review (Best online trading platform in India)

Upstox Pro

UpStox Pro, another best online trading platform in India, helps us to trade in shares, equity derivatives and currency F&O. We can directly trade from charts using “Trade From Charts” (TFC).

The app provides advance charts of multiple intervals, types and drawing styles where we can apply 100+ technical indicators in real-time.

The app looks like a clean, clutter-free and intuitive.

Further to that, we access predefined watchlist, create a customized watchlist, receive real-time market feeds and set an unlimited number of price alerts.

The apps has a Day & Night Modes for better visibility.

UpStox charges are Rs. 0 on delivery and Rs. 20 per transaction on intraday and F&O trades. One can open as account paperless and can use the app till the account is operative.

Pros:

  • Easy to trade on a clean interface
  • Option to trade directly from the charts
  • Can set unlimited price alerts & customized watchlist at any point of time.

Cons:

  • Compatible with only iOS 11 and above.

#5. Zerodha Kite Mobile Trading App Review (Best online trading platform in India)

Zerodha

Kite mobile trading app is also one of the best online trading platform in India which has biometric access features with a clean and intuitive user interface with a super lit backend in dark mode.

Zerodha charges us a flat Rs. 20 brokerage for intraday and F&O trading. Delivery trades are completely free.

We have a access to advanced charts and Chart IQ and other Zerodha apps & services like Coin, Varsity and Sentinel.

But there are few negative reviews of the missing “total order value” figure and margin details while placing a trade.

Pros:

  • Flawless login into other Zerodha apps
  • Biometric access
  • Embedded console reports & Chart IQ tool

Cons: 

  • Missing total trade information and margins details
  • Rating of below 4 on Google play store

#6. Angel Broking App Review (Best online trading platform in India)

Speed Pro

Angel app, another best online trading platform in India, offers us around 40 technical chart indicators and overlays for technical analysis and trading.

The app comes integrated with the Angel’s ARQ tool for improving portfolio performance.

The app has an intuitive design and a very clean interface.

We can access the past ten transactions of Ledger, Funds and DP reports directly from the app itself.

Pros:

  • With Integrated ARQ tool
  • Access to the advisory calls and research reports
  • Intuitive interface

Cons: 

  • Limited 40 Indicators and overlays
  • No option to invest in IPO, and bonds

#7. Sharekhan Trade Tiger Trading Platform Review (Best online trading platform in India)

Sharekhan

Trade tiger is a desktop-based best online trading platform in India which has a unique option to trade with the help of a heat map.

Anybody can customize TradeTiger with multiple screens, charts and shortcuts.

There are two versions of the Trade Tiger trading platform available with Sharekhan.

We can place multiple orders, bracket orders and bulk orders in a single click with this platform. The platform has the option to set order quantity either by absolute number or trade value or current market price which helps us to trade based on our own preferences.

In Trade Tiger we have handy intraday and daily charts with more than 30 indicators and studies. Further, we have the facility to open multiple charts and short them all either by period, scrip or exchange.

The advance charting tools also can be used to plot entry, target and exit lines and execute trades directly from the charts itself.

Trade Tiger offers the option quotes with more than 30 trading strategies, portfolio greeks and pay-off charts. We can also export live market streaming data into excel and trade directly from Excel.

Pros:

  • Trade directly from Excel
  • Heat maps to aid trading
  • Link multiple charts
  • Place an order from charts

Cons:

  • Limited 30 indicators and studies

Best Trading Software in India 2022

#8. MO (Motilal Oswal) Orion Lite- Desktop Trading Platform Review (Best online trading platform in India)

Motilal Oswal

Motilal Oswal is also a best online trading platform in India which is well known for research advisory and host of multiple investment products. So we have a solid research-based recommendations and access to 30,000+ research reports when we trade through this platform.

Orion Lite is a desktop trading platform from Motilal Oswal with a merginal 1 second refresh rate.

The platform offers more than 40 customizable charting indicators for technical analysis and studies.

The platform can be customized to track and create multi-assets watch lists for equity, derivatives, currency as well as commodities.

Motilal Oswal’s Orion Lite has a unique “Trade Guide Signal” tool that auto-generates buy/sell ideas.

We can be benefited for Options trades from “Option Writer” that tells us whether to write options or not and also “Option dCoder” through which we can monitor and manage the options portfolio.

Pros:

  • 40+ customizable charting indicators
  • Access to 30,000+ research reports while trading
  • Multi-asset watch at a single platform
  • Option writer and dCoder tools for option trading

Cons:

  • Cannot trade directly from charts
  • To many trade ideas SMS

Best Equity Trading Platform in India 2022

#9. Angel Speed Pro Trading Platform Review (Best online trading platform in India)

Angel Speed Pro

Angel Speed Pro is a desktop-based best online trading platform in India and that can be installed by downloading executable (.exe) files.

The platform needs a minimum of Pentium 4 processor with 1GB RAM. And the internet speed required is a minimum of 40 kbps.

We can run Angel Speed Pro by downloading the latest version of Java and Adobe Flash Player.

The platform gives us access to Angel’s trade calls and research advisory/reports while we trade.

Angel Speed Pro also integrates the “Heat Map” analysis so that we can monitor stock price and market movements and aids in building trading strategies.

Further more, the charting tools include intraday charts with 30-day history to analyze old data, combined best 5 charts and an option to open charts in excel.

The unique aspect is that we can use the “Multi desktop options” for viewing and trading in two seperate desktops or laptop

On Angel Speed Pro we have the option to create multiple watch lists, customize toolbar and widgets for dashboard screen and viewing space.

Pros:

  • Heat Map analysis for trading
  • Intraday charts with a 30-day of history
  • Multi-desk option to open with multiple device
  • Access to trade calls and advisory reports

Cons:

  • Cannot trade directly from the charts
  • Frequent calls and ideas.

#10. Fyers One Trading Platform Review (Best online trading platform in India)

Fyers One

Fryers One is also a desktop based best online trading platform in India with inbuilt stock screeners, which helps us guess the trends, support and resistance levels and intraday movements.

The platform offers us advanced charting where we can have the historical end of the day data of the past 10 years and intraday (1 to 5 minutes) charts of up to 30 days. Which hepls us to analyze the history of the trading data.

We can trade using more than 60 indicators and studies to perform required in-depth technical analysis as well.

Traders can quickly assess the market movements using Fryers One “Heat map”, Market dynamics and Index meter tools.

Fryers One offers 10 intuitively designed customizable workspaces where we can set a watchlist by sectors, indices and derivatives too.

Pros:

  • Heat map analysis for trading
  • Intraday charts with a 30-day history
  • 10 customizable workspace

Cons:

  • Trading from the charts is not possible

#11. ICICI Trade Racer Trading Platform Review (Best online trading platform in India)

Trade Racer

ICICI Trade Racer is also a desktop-based best online trading platform in India with a market and trend scanner that helps us identifying real-time trading opportunities. The scanner tools are based on pre-defined technical parameters that we can set at any point of time.

Further to that, the Live Scanner tool helps us to identify scripts nearing days, week, month, 3 month and year high or low prices. Trade Race also offers us “Heat maps” for spotting price movements.

Additionally, we have access to fundamental and technical calls while we trade through the iClick2Gain tool.

Trade racer platform can be customized for easy access using icon bar,we can customize pre-defined desktops, grid layout and personalized color combination.

Pros:

  • Heat map analysis for trading
  • Trend Scanner and Market Scanner

Cons:

  • Bulk platform, that loads slowly
  • Too many trade calls

If you are still confused, you can compare the online trading platforms and software on the bases of these features.

Features to Compare for best online trading platform in India 2022

#1. Advanced Charting & Tools

Charts, indicators and related drawing tools are the backbone of any trading activity. They are helpful to monitor price movements, predict trends and trade instantly by placing orders from the live charts price movements.

This tools are helpful in creating overlays, drawings and technical analysis. We may not require 100+ tool options, but we need to check the minimum set of tools that we require to trade.

Different stockbrokers offer varying charting software. We need to have the best application & features as per our online trading needs.

#2. Quick Order Placement Facility

The best online trading platform in India should have the facility to place cover order (CO) and bracket order (BO) simultaneously in a single go. Otherwise, we may need to pay a higher brokerage or have to book losses while trading.

The best online trading platform in India should offer order placement from multiple locations so that we need not to change screens every time we place a particular trade.

Features such as the option to place an order from the charts, history of previous traded orders and watchlists are helpful to trade.

#3. Hardware and Software Requirements

While trading we may need to refer to the stockbroker’s website, trading platform and charting software screens to analyze our trades.

Apart from that, our internet speed should be high enough to support live streaming of prices, news and data feed simultaneously. If the internet speed is slow then we will experience some lag (slow data processing) and will get the old prices.

The laptop or PC for trading should have enough memory and a fast processor to take the load. The hardware should not crash or hang while we are trading.

#4. Customization Features

Options for customizing the trading platform are helpful in creating a personalized workstation that helps us to trade comfortably without stress. The customizing function also helps us to set up trading strategies.

Check with the broker for the available customization options associated with the trading platform.

#5. Choice of Interface

Different interface provides a different user experience. While the desktop trading platform is the fastest, but we cannot carry them everywhere.

For that, the mobile app-based trading platform is more suitable. We need to look for an online trading platform that suits our own trading style.

Conclusion

Choosing a best online trading platform in India entirely depends on individual trading style and needs.

If you are looking for the best online trading platform in India then UpStox Pro Web online trading platform has an edge with 107 technical indicators and the facility to directly trade from charts.

Zerodha Kite is also another best online trading platform in India which provides a range of widget features to personalize the platform and intuitive user interface that is best among the other trading platforms.

FAQ:

Q1: Which are the best online trading platform in India?

Ans:

  • Zerodha Kite
  • Upstox
  • 5 Paisa

Q2: Which is best trading platform in india for beginners?

Ans: Zerodha Kite

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