Beginning your road in the stock market? The first step is deciding which trading platform best fits novices. Investing simple, safe, and stress-free is made easy on a beginners-friendly platform.
Why, therefore, the right platform matters for beginners?
- Simple Interface: Cleanses your misunderstanding.
- Low Charges: Will teach you without breaking the budget.
- Teaching you as you trade helps with educational tools.
- Good customer service: Fast assistance when you run into problems.
Top five best trading platforms available for Indian beginners
- One should grow.
Perfect for total novices, Super Easy to Use is really simple.
- Own equities, mutual funds, and ETFs.
- Not one unclear button or chart.
- Low brokerage and no account opening cost.
- Own equities, mutual funds, and ETFs.
- Zerodha (Kite App)
Tidy UI with strong tools.
- Free mutual fund investing in-depth analysis.
- 0 brokerage on deals in delivery.
- Provides Varsity, a free resource for learning trading fundamentals.
- Free mutual fund investing in-depth analysis.
- Upstream Stoxin
Basic smartphone app including lessons.
- ₹20 or less every deal.
- Fast order completion.
- Perfect for people who desire a mix of simplicity and capabilities.
- ₹20 or less every deal.
- Paytm Money
Ideal for those small investors.
- Low broker’s fees and free mutual fund investment.
- Mobile-first design, perfect for laid-back investors.
- Low broker’s fees and free mutual fund investment.
- Angel One
Provides beginners’ guided investment tool.
- Free advice and research.
- Excellent combination of trading tools and hand-holding devices.
- Free advice and research.
What Novices Should Search For
- Simple Process for Sign-up: A few minutes with bank data, PAN, Aadhaar.
- Low or Zero Brokerage: Learning helps you not lose much.
- Simple Charts & Advice: Market patterns are better understood using images.
- Good App ratings: View user experience in Check Play Store reviews.
Good Advice for Novices in Investing
- Start small: Invest little till you get confidence.
- Learn Daily using free tools like apps, blogs, and YouTube.
- Avoid Leverage: Initially avoid borrowing money to trade.
- For novices, investing is safer; trading is dangerous.