ICICI Direct App

Google Playstore Rating: 4.4/5

Features:

  • Trustworthy trading platform.
  • Secure and simple to use.
  • Offers 3-in-1 account facility (ICICI Bank Account, ICICI Trading Account, and ICICI Demat Account.)
  • Services offered by all its local branches.
  • Quick feedback and customer help services.
  • Offer a wide range of Products.

Specialty:

  • Offers 3-in-1 account facility (ICICI Bank Account, ICICI Trading Account, and ICICI Demat Account.)
  • Offers multiple brokerage plans (I-Secure Plan, ICICIdirect Prime Plan, Lifetime Prepaid Brokerage Plan, and Neo Plan)
  • Brokerage-Free Equity Futures trading
  • Under ICICIDirect plan you can manage your own demat and bank accounts through ICICIdirect.com.

Fees:

Transactions

Amount (₹)

Trading Account Opening Charges

FREE

Trading Annual Maintenance Charges

₹ 300

Demat Account Opening Charges

FREE

Demat Account Annual Maintenance Charge

₹ 700

Brokerage on transactions (Neo Plan)

 

Equity Delivery

0.55%

Equity Intraday

₹ 20 per trade

Equity Futures

NIL

Equity Options

₹ 20 per trade

Top 10 Best Trading Apps in India 2024

Trading means buying and selling shares and securities of a public company over a recognized platform known as a Share Market. Trading in ordinary language can be understood as financial activities undertaken to invest capital into such channels that help the financial resources to grow.

It shall always be considered that trading on shares and securities yields potential returns but is accompanied by market risk. So, trading on the share market needs prior research and analysis to manage risk. Trading over securities allows a person to grow financial resources and make money out of money.

In today’s world, where everyone wants to excel and secure their future financially, trading on shares is the most accessible opportunity. Anyone from Institutional Investors to an ordinary person can enter the share market and trade over securities with just ₹500 through SIP. The growing opportunities and ease to enter the market have made trading popular, especially among the younger generation. In the past few years, the world has witnessed a growing trend of trading, making it the most versatile investing platform.

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List of Top 10 Best Trading Apps in India 2024

These are the Top 10 Best Share Market Apps in India for Trading:...

1. Groww App

Google Playstore Rating: 4.6/5...

2. ICICI Direct App

Google Playstore Rating: 4.4/5...

3. 5paisa App

Google Playstore Rating: 4.3/5...

4. Zerodha Kite

Google Playstore Rating: 4.2/5...

5. Upstox App

Google Playstore Rating: 4.2/5...

6. Edelweiss App

Google Playstore Rating: 4.2/5...

7. FYERS

Google Playstore Rating: 4.2/5...

8. Angel One

Google Playstore Rating: 4/5...

9. Paytm Money App

Google Playstore Rating: 3.8/5...

10. AliceBlue App

Google Playstore Rating: 3.3/5...

What are the Reasons for the Popularity of Trading?

Easy Accessibility: Technological advancement and the internet have made it possible for ordinary individuals to access online trading platforms through websites and mobile apps at any time. This ease in a world of investment has made trading popular. Potential Return: With proper knowledge, research, analysis, and strategies, one can channel their fund through trading to earn a high return. A high return on trading has caught the eyes of all investors in recent years. However, it should always be remembered that potential return on trading is always accompanied by market risk. Diversification: Another main reason behind the popularity of trading has been the diversified portfolio offered by it. Trading allows investors to invest in different share market securities (like stocks, bonds, commodities, and debentures) at the same time to distribute the risk across various asset classes. Liquidity: One of the best features of trading on shares is the degree of liquidity. Liquidity means how easily the investment can be converted into cash. Shares are freely traded over the share market, so the investor can withdraw the investment at any point of time by selling the securities. Flexibility: Trading grants flexibility and independence to investors regarding investment decisions. Based on their own analysis, strategies, and requirements, they execute their trading as per their judgment and need. Control Management: Trading permits investors to take control of their investment and financial decisions. They actively manage their portfolios and make trading decisions based on their own analysis and strategies. Trading makes controlling finance easier even for ordinary investors. Risk Management: Trading on securities is always associated with risk, so investment in securities needs prior research. This proper analysis and research conducted before trading on securities helps in managing market risks including economic, social, political, and internal risks. Regulatory Authority: Share Markets are regulated by government authorities that secure and safeguard the interest of investors. This promotes fair trading practices and brings transparency. Such Government interference has positively boosted the confidence of investors in securities....