Best Trading App in India to Earn Money without Investment in 2024

Last updated on March 25th, 2024 at 02:23 pm

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By mastertheblogging

Trading apps are growing in popularity among the youths in India. Now mobile trading is more preferred as compared to relying on stock brokers for trading. Gone are the days of traditional trading, now you can buy shares, research reports with the help of Best Trading App in India to Earn Money without Investment.

Do you want to trade smarter in 2024? Yes, you can do it with just one click using the best trading app in India . Even a newbie can start trading using these apps in India.

Indians are now making the use of trading apps more extensively and now studies have shown that there is a tremendous rise of Demat account opening in India in recent years. 

But to begin with trading and investment, you need a safe and secure platform. So there is a necessity to select the finest trading apps in India which will be easier for you to use and have reduced fees. 

So in this post we will have a detailed discussion on the trading app in India to earn money without investment which will make it easier for you to decide the right trading platform as per your requirement.

Best trading app in India to earn money without investment

Best Trading App in India to Earn Money without Investment

Upstox trading app

Upstox is one of the best investment apps that is backed by entrepreneurs like Mr Ratan Tata. It is one of the best Trading App in India. You can start trading in share market, SIP, Mutual fund, IPOs at Upstox with a hassle free process. With more than 1 cr investors, Upstox has become one of the best options for the Indians for trading.

  • It can be accessed both through mobile and web browsers. 
  • The app has an easy to use interface, supports fast trading executions, unlimited price alerts, easy for the beginners and cheaper for long term investors. 
  • There are also no additional charges to maintain the Demat account. 

Just you have to fill out the application form, upload the documents and start trading. Upstox also offers a referral bonus of Rs 400 per referral.


It is one of the largest stock brokers in India and is one of the Best Trading App in India to Earn Money . You can invest in stocks, derivatives, mutual funds and much more.  It has more than 1.3 cr clients who contribute to 15% of the retail volumes in India. You can trade and invest in Stocks & IPOs, Direct mutual funds, Commodity derivatives, Currency derivatives, Bonds and Govt. Securities.

You can also get updated to the most valuable information by the Kite By Zerodha’ app. This trading platform has streaming market data, advanced charting, and an elegant UI. You can use it both on Android and iOS devices. 

To start with it, you have to first submit the account opening forms. It may take about 24 hrs to receive the username and password. You can begin trading and investing after they transfer the login information to your registered email id.

Refer the Zerodha app to your friends and get 10% of the brokerage they pay. Also get 300 reward points for each referral.

Groww App

groww app

Groww app is another best Bangalore based trading platform and is one of the Best Trading App in India . You can invest in Equity, IPO and direct mutual funds. Also invest in Gold, other financial instruments and fixed deposits. 

  • It delivers quick investment schemes and stock market investment through its mobile app. 
  • It includes domestic and international stocks, trade in gold, fixed deposits, mutual funds. And the best part is that they do not charge anything for using their services. 
  • You can also use their technical chat feature, indicators and other tools to track your trading performance.
  • To use the facilities you have to open a Demat account with Groww as Groww customers can only use the application.
  • Account creation is very quick and paperless.
  • If you join using referral then you can get Rs 100 as reward and the person who referred will get Rs 100 in his Groww account.

5 Paisa App

It is one of the best trading apps with more than 40 lakh customers. You can invest in digital gold, Insurance, Stock, SIP, and also can take loans. You can check all the stocks on which you have invested using the margin calculator tab. 

To get started with the app first you have to login to the app. Then Go to My Watchlist. and Click on a ‘Search Glass’ on the top-right of the watchlist window.Enter script name to search. Click on the script name from the search result and then click the green ‘B’ buy button.

You should maintain a minimum balance of Rs 100. Get Rs 500 in your account after your first referral. They also charge Rs 30 pm for maintenance.

Paytm Money

paytm money

It is a Bangalore based discount brokering firm incorporated in 2017. It does not offer any recommendations on stock trading. Paytm Money gives the direct plans in mutual fund schemes that come without any hidden commissions.

  • It offers services related to Equity & Derivatives trading, Depository services, and investment in IPOs. You can start your investment journey with zero paperwork, digital KYC, automated payments, updated portfolio and powerful insights to make well informed investment decisions. 
  • They do not charge on any investments. You can also get the return from your mutual fund in full as there is no hidden commission. 
  • There is no transaction fee for buying and selling of mutual funds. 
  • Directly you can take charge of your investment from your smartphone. There is no account opening charge for your investment account. 
  • And the best part is that investment is fully safe and secured through this platform. 
  • There are also convenient payment options for investing like pay through UPI, Netbanking.

ICICI Direct

It is one of the largest retail stock brokers in India and is one of the Best Trading App in India . It is a part of ICICI securities and offers online trading and investment services. 

  • Its most popular service is its 3-in-1 account which includes ICICI bank account, ICICI trading account and ICICI demat account. This gives a seamless trading experience.
  • You can easily create an account in ICICI direct and start your trading journey. 
  • To get started with it Select ‘ Apply On-Line- Resident Profile ‘ under the “Open an Account” Subsection. And then choose the type of service and fill out the form to start trading.
  • You can also refer and earn on ICICI direct and get Rs 200 for every successful referral.
  • Investment online in IPOs, Mutual Funds, GOI Bonds, and Postal Savings Schemes all from one website. 
  • Trading is available in both BSE and NSE.

IIFL Securities

It has been in the brokerage industry in India since 1995 and is one of the Best Trading App in India . It is a part of IIFL group and has over 2.3 lakh active clients providing them trading and investment services in Equity, Currency, Commodities, Futures & Options, Mutual Funds, Bonds, and IPOs etc.

  • They are available through WhatsApp, on call or through email. Apart from this, they also provide price alerts and notifications. 
  • This app has an easy user interface but trading in direct mutual funds is not allowed. They also offer NRI trading and investment services. 
  • It offers one simple flat rate brokerage plan. This discount brokerage plan offers trading at flat Rs 20 per executed order across all segments including equity delivery.
  • IIFL doesn’t offer a 3 in 1 account  as it doesn’t have a banking license.

Angel One

It is one of India’s largest brokers which introduced zero cost brokerage services. It has more than 2 crore registered users.

  • It is a one stop investment platform which offers : zero brokerage for equity delivery, zero account maintenance or AMC for 1st year, zero brokerage per order for Intraday, zero commission for mutual funds and IPO investments. 
  • Angel One is designed for traders seeking power, precision, and profitability. 
  • You can get real time charting powered by advanced indicators, multi-chart layouts, direct trading from charts, etc. 
  • You can place multiple orders in a single transaction via Basket.

Why is online trading better than offline trading?

You can choose whether to go for online or offline trading as per your trading preferences and your objectives. But as compared to offline trading that takes human intermediaries to execute, online trading has a number of benefits like:

  • It is faster and takes place in seconds.
  • It can be done from anywhere with internet access.
  • 24/7 availability which allows trading to be at any time.
  • Low brokerage fees and transaction cost as compared to traditional methods of trading.
  • You can access online tools, charts and real time data.
  • You can have immediate access to market information like trading news, updates and analysis. 
  • You can also have more control over the investment.


If you are a beginner in trading then look for some features in the trading app that can help you to do safe and secure trading. The app should have a smoother user interface and the app should have good speed to complete your trading seamlessly. It should have a two factor authentication and a secure login system. It should offer low trading fees and commissions. So look into various factors before deciding which app is good for you to do online trading. Invest your money in these trading apps in mutual funds, Gold, IPOs, Stocks and earn money.

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