Looking for the fastest trading platforms that offers excellent trading experience. Here’s presenting the 10 best trading platforms in India 2024 with superfast order execution rate, real-time market analytics, powerful charting, tons of technical indicators, and a lot of advanced features for traders as well as investors.
Before finding which one is the best platform for superfast trading. Let’s first discuss the types of trading platforms available for trading on different devices.
1. Desktop Trading Platform
Among all, desktop trading terminal is the fastest trading platform that allows users to place buy and sell orders instantly using short cut keys.
Professional intraday traders use desktop trading software to have superfast trading experience. The installable terminal also comes with many incredible features such as instant price data access, stock statistics, interactive charting, technical indicators, and a lot more.
To trade on desktop, you need to download or install the trading software exe file on your laptop or desktop.
2. Web Trading Platform
Trading on web does not require users to download any software. As you can simply login to your Demat and trading account on web URL address on your broker’s website.
You can access the web trading platform on any compatible browser like Chrome, Firefox, etc. and start trading on BSE, NSE, and MCX. Web platform has a bit slower speed than desktop trading software.
3. Mobile Trading App
Trading through mobile app is most popular platform today. Mobile users allows customers to place and execute buy and sell trades in stocks and derivatives on a click using your smartphone.
Every broker offers Android and iOS compatible mobile trading apps to customers and keep adding new features to it to make it an excellent platform.
Mobile apps that have user-friendly interface and easy to use features are known as the best mobile trading apps.
Check Top 10 Mobile Trading Apps
What makes a platform the best platform for trading?
You must check these features while selecting the right platform for trading;
- Trading on multiple exchanges i.e., BSE, NSE, and MCX
- Superfast order placement and execution rate
- Real-time price data with quick refresh rate
- Advanced charting types with TradingView charts and technical indicators
- Intraday and historical EOD price data
- Multiple chart set up on a single screen
- Other features; FII & OII data, option Greeks, advanced orders, etc.
After analyzing on hundreds of parameters, we have carefully picked top 10 most-popular desktop and web-based trading platform for hassle-free trading in 2023. You can select any of these platforms that match your trading and investing needs.
Top 10 recommended online trading platforms in India
Find out a brief review of the features offered by the top 10 online trading platforms to traders and investors.
1. Zerodha Kite Trading Platform – Web trading platform
Zerodha is the best brokerage house in terms of brokerage fees and trading platform. Kite by Zerodha is the in-house flagship trading platform available in web and mobile app versions.
What makes it the best platform for trading is it is able to work on a bandwidth of even less than 0.5 kbps which is unmatched when compared to other platforms. Zerodha Kite trading platform is absolutely free for all Zerodha clients.
The multilingual trading app is available in 11 different languages. The platform is equipped with an intuitive user interface and has many incredible features including the following;
- 6 different types of charts (Renko, Helkin Ashi, Point & Figure, Range bars, Linebreak and Kagi)
- View Multiple charts on a single screen.
- Hundreds of technical indicators
- Create up to 7 watchlists and add upto 50 scrips in each
- Display market depth (buy and sell) on upto 20 level
- Trade directly from charts
- The Kite platform is also integrated with many third-party apps like Console backoffice, Sentinel, Streax, etc.
Read more about Zerodha Kite Trading Platform Review
2. Upstox Pro Trading Platform – Web Trading Platform
Upstox Pro web and mobile based trading platform is the 2nd top-ranked platform for traders and investors. The platform uses socket-technology to provide with real-time access to market data.
The Pro platform by Upstox supports trading on multiple exchanges including BSE, NSE, and MCX. The best-in-class features of Upstox Pro web and app are as follows;
- Create unlimited number of market watch lists with watch list widgets
- 107+ technical indicators to identify market trends
- 12+ types of charts with TradingView and ChartIQ charting library
- 10 years of stock price data history
- Charts are available with a duration from 1 minute to 1 month
- Trade directly from the chart
Read full Upstox Pro Review
3. Angel One Speed Pro Terminal – Desktop Trading Platform
Angel One Speed Pro is the best desktop trading software suitable for pro traders. You can download the software exe file to your system and enjoy a seamless trading journey.
The Speed Pro trading terminal is loaded with a wide range of advanced features to provide an unparalleled trading experience.
- User-friendly and clutter-free interface with the possibility of customization
- Dedicated market watch section
- Know the top 5 buy and sell bids on NSE and BSE
- Track 30 days of intraday price movements and 20 years of historical EOD reports
- Over 70 technical indicators for technical analysis
- Open market statistics in Excel with a great refresh rate
4. Fyers One – Desktop Trading Software
Fyers is a technology-driven discount broker that has a robust desktop trading platform called Fyers One. The platform is equipped with many analytical tools and features for traders.
- Market Heatmap, Index meter, and Market dynamics
- In-built technical stock screener to gauge intraday price movement, resistance and support levels, etc.
- Stay up to date with exchange announcements and upcoming board meetings
- FIIs & DIIs data, bulk and block deals, etc.
- Create upto 10 market watchlists.
- More than 60 types of technical indicators
- 30 days of intraday charts and 10+ years of historical EoD data,
Fyers One desktop trading terminal comes with many analytical features and Fyers Next platform is more execution-focused. Use the one that matches your trading expectations.
Trade even faster with Fyers Next desktop trading terminal. The lightning advanced software supercharge your trading experience with faster execution rate.
Download the Fyers Next terminal on your windows now to trade on BSE, NSE, and MCX. Here are some of the top features offered by Fyers Next desktop trading software;
- Create any number of watchlists to track real-time price movement of your favorite scrips
- Faster order placement and execution as fast as 50 miliseconds.
- Get 360 degree real-time price quotes and stock analysis
- Market Heatmaps, advanced stock filters, real-time alerts, etc.
- Place multiple orders in one go with Basket order.
- Options calculator to compute Option Greeks like Theta, Gamma, Delta, Vega, and Rho
- Hotkeys to access different features instantly at just a click
- 2-factor authentication to provide extra safety
5. 5paisa Trade Station Terminal – Desktop Trading Platform
5paisa Trade Station is revolutionary desktop trading software for experienced traders. You can download the .exe file from 5paisa website to install the Trade Station Terminal in your system.
The ultra-fast and super-efficient software enables you to trade at lightning speed. 5paisa Trade Terminal has the following main features;
- Multiple customizable watchlists with upto 100 scrips in each
- Multiple types of advanced orders like bracket order, cover order, basket order, AMO.
- Advanced charting and intraday stock charts for last 30 days
- 5-level market depth for top bids and asks
- Order slicing feature
6. ICICI Direct Trade Racer Terminal - Desktop Trading Platform
Trade Racer is a power-packed desktop trading platform from ICICI Direct. Everything from real-time live streaming quotes to multiple watchlists creation, integrated fund transfer, research calls, etc. are available on ICICI Direct Trade Racer platform.
The terminal-based trading software gives traders the ability to spot market opportunities with the following features;
- Create upto 5 watchlists and add upto 20 scrips in each watchlist
- Real-time stock screener and trend screen to analyze bullish and bearish trends.
- Heatmaps with green and red color indicators stocks moved up and down
- Customizable interface with an option to change color code, grid structure, etc.
- Charting functionality and technical indicators
- Snap view provides all information about a security including market depth, pivot levels, charts, peer group, etc.
7. Nuvama Xtreme Trader Terminal - Desktop Trading Software
Nuvama Terminal X3 or TX3 is one of the best trading terminals with complete analytical solutions for traders. The desktop trading platform is equipped with powerful charts, exceptional speed, and insightful analytics.
It is available for free to all Nuvama clients with no subscription fees. The salient features of Terminal X3 desktop trading software are;
- Comprehensive market statistics for stocks, and futures & options
- Live streaming charts with 60+ advanced technical indicators, and drawing tools.
- Access 15 years of historical EOD data and 1 year of intraday charts
- Advanced charts such as Heiken Ashi, Point & Figure, Kagi, Renko, etc.
- Track your investment portfolio in real-time
- Get stock recommendations from Nuvama research team
- Shortcut keys for a faster trading experience
- Advanced tools like option calculator, event calendar, etc.
8. Sharekhan Trade Tigar Terminal - Desktop Trading Platform
Sharekhan Trade Tiger is a terminal-based desktop trading software that needs to be downloaded to a desktop or laptop. Whether you are a beginner or an expert, the Trade Tiger has the best features for you.
Trade Tiger by Sharekhan supports trading on the NSE, BSE, and MCX. The useful features of Trade Tiger terminal are;
- One-click order placement.
- Many tools like Heatmap, Live market scanner, chartbook, etc.
- 30-90 days of intraday and daily charts and 30+ technical studies
- Advanced trading from charts
- Easy access to real-time news, research calls, tips, and recommendations.
- Place advance orders like big orders, bulk orders, bracket orders at ease
- Useful calculators like Span calculator, Brokerage calculator, premium calculator, etc.
9. Kotak Keat Pro X - Desktop Trading Terminal
Trade with high-speed installable Kotak Keat Pro X desktop terminal provide an unmatchable trading experience.
The free trading terminal by Kotak Securities has many incredible features such as;
- Trade in equities, derivatives, and currencies on a single platform.
- Create multiple watchlists with stocks, sectors, and indices of your choice
- Live-streaming stock market price data
- Access stock price charting tools and technical indicators
- Get well-research stock investment ideas and recommendations
10. Motilal Oswal Orion Lite Trading Software - Desktop Trading Platform
The last recommended trading platform is the Orion Lite desktop trading software from Motilal Oswal. The software comes with tons of advanced features and tools from interactive risk-return charts to providing up-to-date information, live research recommendations, and real-time order execution.
The software runs smoothly even with low internet bandwidth. Orion Lite is the best trading software in India due to the following features;
- Super-fast trade execution with a 1-second refresh rate
- A variety of advanced charting tools with over 40 technical studies
- Multi-asset watchlists provides live-streaming quotes for equity and derivative market.
- Access to best in-house research reports (30,000+) on daily, weekly, and monthly basis
- Integrated portfolio health check to review your portfolio and restructuring
- Trade Guide Signal is an advanced technical tool to automatically get buy and sell ideas
Best Trading Platforms in India
Zerodha Kite and Upstox Pro are the top recommended web trading platforms for traders and investors. Every needed features be it from creating multiple watchlists to access different types of charts, widgets, technical indicators, price alerts, drawing tools, everything is offered by these platforms.
Angel One Speed Pro is top-rated or most-popular trading terminal that offers fastest trading experience to you.
Other recommended platforms are 5paisa Trade Station, Sharekhan Trade Tiger, Fyers One, and Nuvama Xtreme Trader Terminal.
