When we look at the Indian stock exchange and the trends in the market, the patterns have changed significantly over the years. We have a highly diverse range of traded financial products and as more custom products get listed, it is attracting more potential investors. Recently, option trading gained traction as it grew as a popular asset among Indian investors. Options have a unique potential to manage risk and profits. Therefore, these derived financial instruments are an essential component and a key asset in an investor’s portfolio.
Complimenting this increasing popularity and surge in option trading activity, trading apps are including new features. From valuing different option trading strategies to adjusting and actively trading option assets, they are evolving to the market’s needs. Here is our list of the top choices for trading apps for seasoned option traders and interested investors.
- Zerodha Kite
One of the recognised discount broker platforms for trading in India, Zerodha has introduced Kite. Following suit with other popular platforms, Zerodha is aiming to garner users through the app. The app offers comprehensive option analytics and trading tools that can make making strategic decisions easier. Zerodha’s app is tailored to the Indian stock market and the general needs of investors in this evolving market.
- Angel One Broking
For any new investor or small trader, understanding the trading markets and managing the transactions can be a hassle. Angel One a leading trading platform for trading that offers a seamless trading experience with friendly features. Angel One’s trading app provides various analysis tools and trading features for option trading for investors. The app comes with a variety of trading options and different financial products, giving investors the flexibility to choose their strategies. With various discount brokerage features, traders can manage their transactional expenses and maximise their investment returns. Specialised research reports, advisory services and market analysis are great for both novice and seasoned traders.
Another great platform on the list is Upstox which has a user-friendly interface for traders. For option traders, the app comes packed with a series of analysis features and charting functionalities. Apart from the app, Upstox also has created some learning resources to help novice traders and investors learn about trading. These educational resources can help you kickstart your trading journey and generate some returns along the way.
- ICICI Direct
Joining the list is a full-service broker from one of the leading banks in India. ICICI Direct is a great platform that offers you a seamless trading experience and some great tools at your disposal. The app comes with personalised advisory, research reports, market insights and analysis charts. Moreso, traders can seek expert guidance and additional research resources on the platform with add-on services.
The Indian stock market is growing rapidly and there are many stocks and financial products to trade in. As the market expands and reaches a wider audience, more advanced trading apps are making their way to the investors. So, whether it is for option trading or any other unique product, there is a niche app for each. Each offers an array of features and tools that suit your specific needs and trading styles. Make an informed choice and trade strategically, as financial markets are subject to high-risk investments.