When choosing the best trading apps in India, it’s essential to find a platform that’s user-friendly, secure, and low-fee. Most trading apps discussed here are registered with the Securities and Exchange Board of India (SEBI), the Indian financial regulator, ensuring they meet domestic regulatory standards. One of them, Vested, is not: it is regulated in the United States and serves Indian residents under the RBI’s Liberalised Remittance Scheme. We flag that in the table below, because it changes what protection you have.
Whether you’re a beginner or a seasoned trader, this guide will help you identify the best options, and highlight a few apps you might want to avoid.
Overview of the best trading apps in India
- Interactive Brokers: best overall trading app for global market access
- Zerodha: best for low fees on Indian markets
- ICICI Direct: best for professional investors
- Vested: best for US stocks from India
- Groww: best for beginners, and now the largest broker in India by active clients
- INDmoney: best for financial management features
Comparison table
| Broker | Minimum deposit | Stock fees | Regulated by |
| Interactive Brokers | $0 (no minimum) | Tiered: from $0.0035 per share on US stocks ($0.35 minimum per trade) | SEBI (INZ000217730) |
| Zerodha | ₹0 | Free on equity delivery. ₹20 or 0.03% per executed order, whichever is lower, on intraday and futures | SEBI |
| ICICI Direct | ₹0 | Varies by plan, from a flat ₹20 per order on iValue to percentage-based plans | SEBI |
| Vested | ₹0 | Basic plan: 0.25% of trade amount (maximum $35 per trade) | SEC and FINRA in the US, not SEBI |
| Groww | ₹0 | ₹20 or 0.1% per executed order, whichever is lower (minimum ₹5) | SEBI |
| INDmoney | ₹0 | ₹20 or 0.1% per executed order, whichever is lower (minimum ₹2) on Indian stocks | SEBI and IFSCA |
Fees and registrations checked on 25 September 2026. Brokerage is quoted before statutory charges such as STT, stamp duty, exchange fees and 18% GST, which apply on top at every Indian broker.
Best trading apps in India reviewed
#1 Interactive Brokers
Interactive Brokers at a glance
Founded in 1978 and publicly listed on Nasdaq (ticker: IBKR), Interactive Brokers is one of the leading international brokers and sits at the top of our list of the best apps for Indian investors looking to access both Indian and global equity markets. Indian residents can open accounts via Interactive Brokers (India) Private Limited, which is SEBI-registered (INZ000217730) and a trading member of NSE and BSE, with depository services through NSDL.
You can trade stocks, ETFs, options, futures, currencies, and bonds across NSE, BSE, and (per RBI and LRS rules) over 150+ global market centres, including major US, European, and Asian exchanges. Note that under Indian regulations, residents can trade all available products on domestic markets, but on non-Indian markets are restricted to stocks, bonds, and ETFs only, with no futures, options, or margin-based products.
The broker offers powerful trading apps with cutting-edge features, over 100 different order types, and advanced trading tools. Extensive reporting, real-time trade confirmations, and portfolio analysis features let you monitor and manage your investments efficiently.
The user-friendly IBKR GlobalTrader app is well suited to beginners, simple to use without sacrificing the broker’s sophisticated capabilities. The IBKR Mobile app provides a more comprehensive trading experience for active investors who want deeper features, while Trader Workstation (TWS) remains the flagship desktop platform for professional users.
Opening an account is straightforward and free, with no minimum deposit required. Indian clients get access to a free demat account, competitive pricing on global markets, and interest on uninvested cash on certain balances, currently up to 3.38% on USD as of September 2026.
The detail that matters most for global investing is the currency conversion. IBKR converts INR to USD at close to the interbank rate, roughly 1 to 5 paise per dollar, against 50 paise to 1 rupee at the app-based Indian platforms. On a ₹10 lakh remittance that difference is worth thousands of rupees, and it recurs every time you send money.
Check our Interactive Brokers review for more details.
#2 Zerodha
Zerodha at a glance
Zerodha had roughly 68.5 lakh active clients on NSE as of May 2026, making it India’s second largest broker by that measure after Groww. It is regulated by SEBI and is a member of NSE, BSE, and MCX. Its robust technology platform makes it well-suited to beginners as well as advanced traders and investors.
Client count is not the whole story. Zerodha reported net profit of about ₹4,237 crore in FY25 against roughly ₹1,824 crore at Groww, despite serving around half the clients, because its users trade more and it has never taken outside investment. For a broker you are trusting with your money, that profitability is worth knowing.
Zerodha Kite is the company’s in-house flagship trading platform, available on mobile, web, and as a Chrome extension. The Kite platform offers a customisable market watch, advanced charting with 100+ indicators, advanced order types (cover orders and GTT, or good-till-triggered orders), fast order placement, and a clean, modern interface.
Useful features for traders include high-speed streaming market data, a “sticky order window” that stays open to make placing multiple consecutive orders effortless, and a “leverage indicator” that lets you see how much leverage you’re getting on a trade relative to your equity holdings. For long-term investors, equity delivery trading is free, with intraday and futures charged at the lower of 0.03% or ₹20 per executed order and options at a flat ₹20. Zerodha is the only broker in this list that charges nothing at all on delivery.
Beyond the trading app, you can set up a convenient 3-in-1 account (demat, trading and bank, via partner banks including IDFC First), apply for IPOs directly through the app, and access a broader ecosystem of complementary products including Zerodha’s Coin (for direct mutual fund investing) and integrations with platforms like Streak (algorithmic trading) and Sensibull (options strategy).
Demat AMC is free in the first year. From the second year it is free on holdings under ₹4 lakh for basic service demat accounts, rising to ₹300 a year on larger or non-BSDA accounts.
#3 ICICI Direct
ICICI Direct at a glance
ICICI Direct is a long-established Indian broker, founded in 1995 and part of the ICICI Bank group. Through its ICICI Direct Global service, Indian investors can access six major international markets, the US, UK, Germany, Japan, Singapore, and Hong Kong, alongside its core Indian equity offering on NSE and BSE. ICICI Direct is SEBI-registered and one of the most established full-service brokers in India.
Opening an ICICI Direct Global account is fully digital, with no paper documents required. The service supports fractional shares on US stocks, so you can start investing in expensive US equities with relatively small amounts. There’s also no minimum balance requirement.
ICICI Direct partners with Interactive Brokers LLC to power its Global platform, with ICICI Securities acting as introducing broker. That means US holdings sit with a SIPC member, covered up to $500,000 including a $250,000 cash sub-limit, which is a meaningfully different protection from anything the Indian framework provides on foreign assets. The platform also offers more than 80 expert-managed portfolios across different regions and themes.
The app makes it easy to track your investments across all your holdings in one place, with biometric login (fingerprint or face ID), customisable watchlists, pre-built lists and screeners, a dark-mode interface, and a “Flash Trade” feature for fast order placement.
On pricing, ICICI Direct offers three Global subscription plans:
- Global Classic: no subscription fee, $2.75 per US trade
- Global Select: ₹999 a year, $1.99 per US trade
- Global Advantage: ₹9,999 a year, no per-trade commission on US stocks
The break-even is easy to work out: Global Select pays for itself against Classic at roughly 15 US trades a year, and Global Advantage against Select at around 60. If you buy a few times a year, the free plan is the right one.
For Indian-market trades, ICICI Direct runs a separate set of plans (iValue, Neo and Prime) ranging from a flat ₹20 per order on a monthly subscription to percentage-based pricing on the default plan, so check which plan you are on before comparing it with a discount broker.
#4 Vested Finance
Vested Finance at a glance
Vested Finance is an online platform that lets Indian investors access US stocks and ETFs, with fractional shares from as little as $1, so you can buy a slice of high-priced companies like Amazon, Alphabet, or Nvidia without committing a large amount of capital.
One point to be clear about: Vested is not SEBI-registered. Securities are offered through VF Securities, Inc., a member of FINRA and SIPC in the United States, and Vested operates as an SEC-registered investment adviser. Indian residents use it under the RBI’s Liberalised Remittance Scheme. That is a legitimate route and SIPC cover applies to the US brokerage account, but the Indian protections described later in this article, the exchange Investor Protection Funds and SEBI’s SCORES complaints system, do not.
The app is designed to be user-friendly for both beginners and experienced investors, with real-time stock prices, market news, interactive charts, and other data built in. Vested also offers ready-made portfolios called “Vests”, diversified baskets of stocks and ETFs built around specific themes or strategies. Account opening is fully digital and typically completes within minutes.
Vested has two subscription tiers, Basic and Premium:
- Basic: no monthly fee. Charges 0.25% of the trade amount (maximum $35) and $5 per USD withdrawal. Includes core features like money transfers, access to curated Vests, and the AlphaScreener Basic research tool.
- Premium: ₹375 a month. Reduced commission of 0.15% (maximum $35), advanced AlphaScreener Plus research tools, weekly and monthly SIPs, extended-hours trading, a tax filing module and priority support.
Watch the currency conversion, not the commission. Vested applies a markup of roughly 75 to 100 paise per US dollar on inbound transfers. On a ₹10 lakh remittance that is close to ₹9,000, far more than the trading commission on the same money, and it is charged again on the way back.
Investing in US stocks from India falls under the RBI’s Liberalised Remittance Scheme (LRS), which allows residents to remit up to $250,000 per financial year. Tax Collected at Source also applies on remittances above ₹10 lakh in a financial year, covered in more detail below.
#5 Groww
Groww at a glance
Groww is now India’s largest broker by active clients, with roughly 1.31 crore (13.1 million) active NSE clients as of May 2026, close to double Zerodha’s total. Its mobile-first interface has made it especially popular among newer and younger investors, which is why it remains our pick for beginners.
The company listed publicly on 12 November 2025 under its parent name Billionbrains Garage Ventures, pricing its IPO at ₹100 a share and opening at ₹112. A listed broker files audited accounts and public disclosures, which is a reasonable thing to want from the platform holding your portfolio.
The basic offering covers buying and selling of stocks, ETFs, and mutual funds, along with portfolio tracking, historical performance data, and charting tools for analysing individual stocks and funds. Beyond the basics, Groww offers the ability to export and import trade data, search for institutional shareholders of a company, and access the latest company announcements, news, and events.
Key advantages include a clean, user-friendly interface suitable for investors of all levels, strong data and analytics features, and a track record of positive user feedback. Other benefits include commission-free direct mutual fund investing, a quick fully digital account opening (combined trading and demat), and access to a growing range of products including digital gold, fixed deposits, US stocks and ETFs, and IPO subscriptions. Groww is regulated by SEBI and is a member of NSE and BSE.
Equity trades are priced at ₹20 or 0.1% per executed order, whichever is lower, with a minimum of ₹5. Note that this applies to delivery as well as intraday, so unlike Zerodha, Groww does charge brokerage when you buy and hold. On a ₹5,000 delivery order the difference is ₹5 against nothing, which is small in isolation and adds up if you invest in small amounts every month.
#6 INDmoney
INDmoney at a glance
INDmoney is a popular Indian investment app that makes it easy to access both domestic markets and US stocks listed on Nasdaq and NYSE. It is SEBI-registered and, since August 2025, also holds an IFSCA Global Access Provider licence at GIFT City, which gives its overseas offering a domestic regulatory anchor that most app-based competitors do not have.
Opening an account is quick and fully digital, typically completing within minutes, with no minimum deposit.
The app brings together a wide range of financial management tools in one place: a demat and trading account, automatic expense tracking, mutual fund investing, financial calculators, insurance, IPO subscriptions, and credit-score tracking. The single-app design helps you manage your full financial picture rather than juggling multiple services, which is why it is our pick in this category.
For US stock investing, INDmoney supports fractional shares from as little as $1, so you can invest in expensive US names like Apple, Netflix, Nvidia, or Tesla without committing large amounts. All transactions happen directly on the INDmoney platform with no separate account setup required.
On pricing, keep the two sides of the business separate. Indian equity trades cost ₹20 or 0.1% per executed order, whichever is lower, with a ₹2 minimum, and ₹20 per order on futures and options. Account opening and annual maintenance are free. US stock trades are charged at around 0.25% of the trade value, capped at $35, with a currency markup of roughly 50 to 80 paise per dollar on the way in, cheaper than Vested but still many times what Interactive Brokers charges.
As with any US-stock investment from India, the RBI’s LRS limit of $250,000 per financial year and the TCS rules on overseas remittances apply.
The cost of investing abroad that nobody advertises
If you are using one of these apps to buy US stocks, the brokerage commission is rarely your biggest expense. Every rupee you send abroad is converted to dollars, and the markup on that conversion is where the platforms differ most.
| Platform | FX markup on inbound transfers | Cost on a ₹10 lakh remittance | US trading commission |
| Interactive Brokers | About 1 to 5 paise per USD | About ₹360 | From $0.0035 per share, $0.35 minimum |
| INDmoney | About 50 to 80 paise per USD | About ₹7,200 | 0.25% of trade value, maximum $35 |
| Vested | About 75 to 100 paise per USD | About ₹9,000 | 0.25% (Basic) or 0.15% (Premium), maximum $35 |
Indicative FX markups and commissions checked on 25 September 2026. Rupee figures are approximate and assume a single ₹10 lakh transfer. A markup applies again when you repatriate funds.
The pattern is consistent: the app-based platforms are simpler to onboard and give you native Indian tax documentation, while Interactive Brokers costs far less on currency and more effort to set up. For occasional investing of modest sums the convenience may be worth the spread. For ₹25 lakh a year or more, the FX difference alone runs into tens of thousands of rupees.
TCS on money you send abroad
Tax Collected at Source applies to LRS remittances, and the thresholds changed in recent budgets. For investment remittances, no TCS applies on the first ₹10 lakh you remit in a financial year, and 20% applies above that. Education and medical remittances are treated more favourably, at 2% above ₹10 lakh, and education funded by a loan attracts none.
TCS is not an extra tax. It is collected up front and credited against your income tax liability, so you recover it when you file, but it does tie up cash in the meantime. If you plan to remit more than ₹10 lakh in a year, budget for the timing.
More on regulation
As an Indian investor, it’s important to understand the regulatory framework that governs investment platforms and brokers to ensure your investments are safe and compliant with Indian laws.
SEBI registration
All brokers offering trading and investment services in India must be registered with the Securities and Exchange Board of India (SEBI), the primary regulator for India’s securities markets. As stated on their website, SEBI’s mission is:
Membership in stock exchanges (NSE, BSE, MCX)
Beyond SEBI registration, brokers must also be members of the stock exchanges on which they operate. The main Indian exchanges are:
- National Stock Exchange (NSE): the largest exchange in India by volume.
- Bombay Stock Exchange (BSE): one of the oldest stock exchanges in Asia.
- Multi Commodity Exchange (MCX): for commodity derivatives trading.
Brokers that are members of these exchanges can give clients access to equities, derivatives, commodities, and other segments offered by each exchange. If a broker isn’t a member of a particular exchange, they can’t offer access to that exchange’s trading services.
Investor protection
India doesn’t have a single investor compensation scheme like the UK’s FSCS, but several protections are in place:
- Investor Protection Fund (IPF): both NSE and BSE maintain Investor Protection Funds that compensate investors if a broker defaults. NSE raised its ceiling to ₹35 lakh per investor per defaulting member with effect from 13 August 2024, up from ₹25 lakh.
- Grievance redressal: SEBI operates the SCORES platform (SEBI Complaints Redress System) where investors can lodge complaints against brokers or other intermediaries.
- Client-segregated funds: SEBI requires brokers to keep client funds and securities separate from their own, which reduces the risk that client money is misused or lost if a broker fails.
- Depository protection: depository participants who maintain your demat account must be SEBI-registered and follow strict guidelines for safeguarding your securities, with depositories like NSDL and CDSL operating under SEBI oversight.
None of this covers assets held abroad. If you buy US stocks through a platform that routes to a US broker, your protection there is SIPC cover of up to $500,000 per customer, including a $250,000 limit on cash, and it protects against the broker failing rather than against losses on your investments. The Indian IPF and SCORES do not apply to those holdings.
What to look for in a mobile trading app
Here’s a breakdown of the most important aspects to evaluate before settling on a platform:
- SEBI registration and exchange membership for security, as covered above.
- User-friendly interface: the app should let you navigate easily between sections (portfolio, markets, watchlist) and let you view charts, analytics, and financial data without unnecessary complexity.
- Order execution flexibility: support for market orders, limit orders, stop-loss orders, bracket orders, and where applicable margin trading for leveraged trades.
- Low and transparent pricing: no hidden charges such as steep annual maintenance fees for demat accounts, with zero-brokerage on delivery trades or discount-broker pricing models, both common in India.
- Currency costs if you invest abroad: the FX markup usually dwarfs the commission, so compare it directly.
- Strong security features: two-factor authentication, encryption protocols to protect personal and financial data, and biometric login options like fingerprint or face recognition.
- Customer support: in-app or phone support that resolves issues quickly, plus a dedicated help section with FAQs, chatbots, or community forums.
What is needed to open an account?
To open an investment account in India, you’ll typically need:
- Proof of identity: PAN card (mandatory), along with Aadhaar, passport, voter ID, or driving licence.
- Proof of address: Aadhaar, utility bill, bank statement, or rental agreement.
- Bank details: cancelled cheque or recent bank statement.
- Photographs: passport-sized photos.
- Income proof (required for derivatives trading): salary slips or income tax returns.
These documents support the mandatory Know Your Customer (KYC) verification you’ll need to complete before you can start trading.
Investment apps you should avoid
The investment world also attracts scams and unreliable operators. Two platforms with a notable Indian footprint that we’d flag as risky:
- Pocket Option: a binary options trading platform operating without SEBI registration, which makes it legally questionable for Indian residents.
- Quotex: another binary options platform that isn’t SEBI-registered, exposing users to potential legal and financial risks.
Both platforms lack proper regulatory oversight in India. Binary options trading is generally not permitted for Indian residents under current rules, and is widely considered a high-risk speculative product even where legal. For a safer trading experience, always prioritise apps that are SEBI-registered and members of recognised Indian exchanges.
Bottom line
Choosing the right trading app in India is critical to a good investing experience. Make sure the app is SEBI-registered, transparent on fees, and genuinely user-friendly.
For Indian equities, the discount brokers have converged on similar pricing, and the remaining differences are small but real: Zerodha charges nothing on delivery, while Groww and INDmoney apply their flat fee to delivery too. Groww is now the largest broker in the country by active clients and is publicly listed, while Zerodha remains considerably more profitable per client.
For overseas investing, the decision turns on currency rather than commission. Interactive Brokers and ICICI Direct Global both route to a US broker with SIPC cover, and IBKR converts currency at close to the interbank rate. Vested and INDmoney are simpler to use and better suited to smaller, occasional amounts, with Vested the only platform here that is not SEBI-registered.
Avoid platforms like Pocket Option and Quotex, which aren’t SEBI-regulated and carry significant financial and legal risks. Always prioritise security, regulatory compliance, and ease of use when picking your investment platform.
Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Trading and investing carry risk, including the risk of capital loss. Investments in foreign markets are also subject to the RBI’s Liberalised Remittance Scheme (LRS) limits and TCS rules. Fees and registrations were checked on 25 September 2026 and change frequently. Always do your own research and consider your own financial situation, risk tolerance, and tax position before investing.
FAQs
Which is the largest trading app in India?
By active clients on NSE, Groww is the largest, with roughly 1.31 crore active clients as of May 2026, ahead of Zerodha at about 68.5 lakh and Angel One at about 66.8 lakh. By profitability the ranking reverses: Zerodha reported net profit of around ₹4,237 crore in FY25 against roughly ₹1,824 crore at Groww.
Do I need a SEBI-registered broker to invest in US stocks from India?
No. Indian residents can invest abroad under the RBI’s Liberalised Remittance Scheme through platforms regulated elsewhere, which is how Vested operates via a US broker-dealer. The trade-off is that Indian protections such as the exchange Investor Protection Funds and SEBI’s SCORES complaints system do not apply to those holdings. US brokerage accounts are instead covered by SIPC up to $500,000, which protects against broker failure rather than investment losses.
How much can I invest abroad in a year?
The LRS limit is $250,000 per person per financial year, covering investments, travel, education, gifts and other permitted purposes combined. For investment remittances there is no TCS on the first ₹10 lakh in a financial year, and 20% applies above that, which you reclaim against your income tax when you file.
Is equity delivery free in India?
It depends on the broker. Zerodha charges no brokerage on equity delivery. Groww charges ₹20 or 0.1% per order, whichever is lower, with a ₹5 minimum, and INDmoney applies a similar structure with a ₹2 minimum, both on delivery as well as intraday. Statutory charges such as STT, stamp duty, exchange fees and GST apply at every broker regardless.
What documents do I need to open a demat account?
A PAN card is mandatory, plus proof of identity and address (Aadhaar, passport, voter ID or driving licence), bank details such as a cancelled cheque or statement, and passport-sized photographs. If you want to trade derivatives you will also need income proof, such as salary slips or income tax returns. All of it feeds the mandatory KYC check.





