Best trading app in India for beginners | Upstox is best trading app in India.


India has several stock brokers which provide mobile trading apps. Each of them is different and unique in its own way. I have used multiple apps and I have found that Upstox Pro is 
one such platform that aims to make  investing simple and flexible for investors.

Upstox is a Mumbai based discount stock broker. Upstox offers a fast, reliable & easy-to-use trading platform for traders in the India stock market. It is an online investment brand of RKSV Securities. Incorporated in 2009, RKSV is a Mumbai, India based SEBI registered financial service provider. RKSV offers online stock trading, commodity trading, currency derivatives trading, mutual funds, and demat account. RKSV Sec is a member of NSE, BSE, MCX, NCDEX, NSDL, and CDSL.


The Upstox app is a free mobile trading application available for Android and iPhone. Upstox customers can download the app and trade at BSE, NSE and MCX from anywhere. The Upstox Pro Mobile app offers a range of features like the market watch, live stock quotes, advanced charts and scanners etc. It is one of the highest-rated trading apps on app stores. This app also allows you to open upstox trading and demat accounts online. The process of account opening using the app is paperless.


Trading through mobile app has gone mainstream. In fact, if we talk about the growth of demat, then somewhere in the last 6/7 years all demat accounts have been opened, according to SEBI data, there were 1.9 croers demat accounts opened in India in 2011. Which has grown rapidly to 4.0 crores in the last 9/10 years. In this, an addition of account opening, which has increased exponentially after the lockdown, has about 4 crores demat accounts in India as of March 31, 2020, which has increased sharply to 4.7 crore in October 2020.  Around 70 lakh demat accounts have been Opened in  just 6/7 months. Upstox holds 13.88 lakh active accounts in India which is exceeding 125.84% yearly it is the second trading app compared to other trading apps. 


As we know that upstox is a platform where you can sell or buy shares and also you can earn a hell of a lot of money.


Yes, upstox it's in trending because of its referral. You or anyone who will share the link and if others will sign up with your link and will make an account.you will earn by referral which is a good amount. So first make your account and try to share your link on social media platforms or in your groups.


Upstox offers low-cost trading services. The equity delivery (cash & carry) trading is offered for free to the customer. No brokerage is charged for orders placed in this segment. For all other trading segments across exchange, upstox charge flat Rs 20 per trade brokerage.

S.No Charges Upstox
1 Free
2 AMC Charges ₹ 25+GST per month (will be charged at the end of Every month)
3 Equity delivery charges Zero
4 Dp Charges(No sell) ₹ 18.50+GST per trade
5 Equity Intraday charges ₹ 20 or 0.05%(whichever is less)
6 F&O/commodity Trading ₹ 20 or 0.05%(whichever is less)
7 Auto Square off charges ₹ 20+GST per position /Order
8 Call & Trade charges ₹ 20+GST per Order
9 Payment Gateway Charges ₹ 7 per deposit (free VIA UPI)

Salient Features of Upstox


Powerful Charts-There charts will help you to analyze markets amartly and will help you to make informed decisions.


Buy & Sell Quickly-You can easily buy or sel and can place orders such as cover orders and bracket orders on mobile. 


Get Price Alerts-You can set alerts on a stocks and you will be notified when the stock price moved to your defined price in the alert. 


User-Friendly Interface- Their interface is pretty easy to use


Trade On The Go-You can trade anytime, even with slow internet connections.


Upstox Web - They also provide web application so if you wish to trade on laptop/desktop you can use their website also i.e upstox pro website.


Unlimited Watchlist - The unlimited watch lists feature is pretty awesome. You can set up your workspaces the way you want! Neatly shuffle around your trading systems.


Below are some advantages and disadvantages of Upstox.

Advantages of Upstox Pro App


  • The unlimited watch lists feature is pretty awesome.

  • You can receive a recommendation on the basis of current market status.

  •  User-friendly interface.

  • This app will show you real-time market stats that help in decision making.

  •  Free cost and no hidden charges.

  •  Very reliable stock market app.

  • You will receive personalized news on companies that are added in your watchlists.

  • Good for first-time investors.

  • You can trade when you wish.

  • Technical analysis enables you to make a good trading decision.

  • Round the clock customer care representatives available for resolving your issues.

  • With the help of this app, you can trade in safe 
environment.


Disadvantages of Upstox Pro Trading App


  • No personal interaction with brokers.

  • Due to lack of technical knowledge, novice traders experience trouble while trading.

  •  Margin calculator feature is missing.
The Upstox app is a free mobile trading application available for Android and iPhone. Link provided below

You can open your both Demat & Trading Account online through Upstox and can start trading and investing in stock market. Overall on the basis of my experience I can say that this is the best trading app to trade in Indian stock market.

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