12 Best Trading Apps Without Investment | Sign Up Today & Start Trading For Free

Posted in
Services

By Pragati Kathuria - Content Specialist Sep 2024 Share this blog

Dive into the financial market without spending any time discovering the best trading apps without investment. These platforms will provide you with a demo account and virtual trading options where you can start your journey of risk-free trading. 

Top Trading Apps Without Investment | Customer Ratings

Best Stock Trading Apps With No Fees
Customer Ratings

Upstox

4.5/5

ICICIDirect

4.5/5

CoinDCX 

4.2/5

Angel One

4.4/5

Groww

4.4/5

5Paisa

4.3/5

Motilal Oswal

4.1/5

Alice Blue

4.1/5

Paytm Money

3.9/5

Binomo

3.9/5

Zerodha Kite

3.7/5

Olymp Trade

3.2/5

Best Trading Apps Without Investment

Secure your financial future by trading with the best stock apps with no fees. Scroll down to find the best apps, their brokerage fees, top features and other pros and cons and start trading today!


1. Upstox

Scale up your finances with one of the top-notch trading apps in the country, Upstox! With this app, users can trade in Mutual Funds, Stocks, Future & Options, Commodities, IPOs and Currencies. 

Key Features

  • The app contains a wealth tracker that tracks all apps on one app, imports external mutual funds and links the bank accounts

  • There are ready-made portfolios that allow the users to curate and start SIPs according to their risk appetite

  • Choose SIP mode for stocks and mutual funds

  • The app is powerful and simple to use to support the needs and goals of an individual

  • Pay Rs.0 brokerage on mutual funds and IPOs and Rs.20 for Equity Intraday, F&O, Currency and Commodity and Rs.20 on Equity Delivery

  • A Demat Account can be opened for free

Pros
Cons
  • Easy-to-use app

  • Simple tracking and monitoring of investments

  • Only Rs.20 for Equity delivery

  • The platform does not offer unlimited monthly trading plans

  • Upstox does not provide trading tips and recommendation


2. ICICI Direct

Start your investment journey today with the diverse services provided by the zero investment trading app, ICICI Direct. If you are new to the app, a few services you can explore are Stock SIP, Flash Trade, One Click Equity, One-click F&O, and One Click MF. 

Key Features

  • The app has advanced tools and features like Margin, Margin Plus, Margin Trade Funding, F&O Basket Orders, Shares as Margin, Order Slicing Algo, and Free Breeze API

  • Some other features include Good Till Triggered Orders, Payoff Analyzer, Smart Stock Alerts, and e-ATM order

  • Open a Demat account for free

  • Pay Rs.20 for Equity Intraday and Rs.0 for Equity Delivery

  • Pay only Rs.150 for the maintenance charge

Pros
Cons
  • 3-in-1 Account Integration

  • Direct Fund Management

  • One-Click Investment Portfolios

  • The brokerage is high and non-negotiable


3. CoinDCX

Buy and sell the top crypto and start planning your future today with the best trading apps with no fees. Trade in Bitcoin, Ethereum, Ripple and more with CoinDCX and get access to 500+ crypto assets.

Key Features

  • In this platform, you can buy and sell crypto and earn returns

  • Carry out Spot Trading, Future Trading, Trade Signals, and Web3

  • Transparent fees for trading

Pros
Cons
  • More than 500 cryptocurrencies are present

  • Significant leverage for spot margin

  • Low commission fees

  • High level of security

  • Demo accounts not available

Start Trading With CoinDCX Today


4. Angel One

Enhance your trading game with the best trading app without investment! Angel One allows you to invest seamlessly in a diverse range of trading services to help you attain the stability and growth you desire.

Key Features

  • The app contains real-time charts that allow you to visualise different stocks and make decisions accordingly

  • With this app, you can complete your order swiftly in the dynamic market

  • Multiple orders in a single transaction can be carried out via Basket orders

  • Different investment options include stocks, IPO, F&O, Mutual Funds, Commodities, and US stocks

  • The app also has Margin Calculators, a Brokerage Calculator as well an SIP Calculator

  • With this app, Pay Rs.0 on equity delivery, Intraday, F&O, currencies and commodities for the first 30 days 

  • Pay 0% interest on MTF for the first 30 days

  • There is no commission for mutual funds and IPO investments

Pros
Cons
  • Training for beginners available

  • Free advisory tips for stocks and mutual funds

  • The facility to call RM if there are issues

  • Margin funding is given to the customers without notice

  • GTT/GTC order facility not available

  • No 3-in-1 account


5. Groww

Manage all your finances from one place. Sign up for Groww as it is one of the best no-fee trading apps that give you the details of the Indian market at your fingertips. 

Key Features

  • With the app, invest in stocks and intraday, Mutual Funds and SIPs, and Futures & Options

  • Apply for a loan and get credit whenever you need it

  • Intuitive design for smooth and easy navigation

  • Make decisions based on the advanced charts

  • Zero commission for mutual funds

  • Pay Rs.0 on account opening and maintenance charge

Pros
Cons
  • Zero account opening fees

  • Zero Demat AMC charge

  • Option to invest online in digital gold

  • Low-cost brokerage

  • Limited investment products

  • No margin trading facilities

  • The platform does not offer NRI trading


6. 5Paisa

Start your trading journey today with 5Paisa and grab a chance to enhance your investment today with the best trading app without investment. With 5Paisa, you can trade like a pro!

Key Features

  • Pay Rs.0 to open your demat account, all trading, and commission for mutual funds 

  • With the platform, invest in stocks, MFs, Currency, IPO, Derivatives, Commodity, Wealth and US Stocks

  • The app has a real-time option chain 

  • Tade with quick option traders

  • Place up to 10 orders with a basket

  • Trade with Intraday Funding at 0% interest with margin plus

Pros
Cons
  • Create a Free mutual fund account

  • Algo trading and robo advisory services

  • Lowest DP charges

  • Get stock investment ideas and research tools

  • No NRI trading services

  • Higher exchange transaction charges


7. Motilal Oswal

Open a free Demat account and start investing with the best stock trading app with no fees. Motilal Oswal is one of the most renounced financial service providers that offers numerous services to users looking to grow their assets.

Key Features

  • Explore the app to invest in Equity, MF, Intelligent Advisory Portfolios, Futures & Options, Commodity, Currency, US Stocks, Portfolio Management Services, Insurance, Alternative Investment Funds (AIF), IPO and fixed deposits

  • Purchase options at Rs.20/lot

  • Intraday and Futures can be purchased with the low commission charge of 0.02%

  • Equities can be delivered at 0.20%

  • Pay Rs.0 on options trading and account opening charges, AMC & Admin Charges for 1st year

Pros
Cons
  • Do not pay any charge for research and dedicated personal advisor

  • Start trading with zero brokerage for the first month

  • Free and early access to the investor community

  • Doesn’t offer a 3-in-1 account


8. Alice Blue

Make your trading easy and rewarding with Alice-Blue! This is the best trading app without investment that allows you to invest in MF, IPO, stock market, derivatives, commodity trading and more. 

Key Features

  • Zero brokerage on stocks, MFs and IPOs

  • Pay Rs.15 for Trade Intraday and F&O

  • All types of trading options are available

  • Get your equity delivered for Rs.0

Pros
Cons
  • The daily market report is available for free for the customers

  • Orders are available even after trading hours

  • Bracket orders and covered orders are available

  • Freedom 15 Plan is available for free

  • Online IPO, NCD and corporate bonds are not available

  • Good Till Cancelled Orders are not available


9. Paytm Money

Embark on your wealth creation journey with the top-notch trading app without making any investment. Start your journey today with Paytm Money and build a corpus for your retirement.

Key Features

  • Do not pay any charges to open your Demat account

  • No platform fees for lifetime

  • No brokerage charges

  • Refer & Earn a 30% brokerage share for a lifetime

  • With this app, you can invest in MFs, Stock Market and other NPS retirement funds

Pros
Cons
  • Simple and robust trading platform

  • Online IPO application possible

  • MF investment advisory services

  • Instant digital account opening

  • No branch support

  • Does not offer an NRI trading account

Explore Popular Paytm Money Offers


10. Binomo

Start your trading journey without thinking about any financial risks with the best stock trading apps with no fees, Binomo. The app has more than 30 lakh active users which makes it one of the most trustworthy apps. 

Key Features

  • The platform is simple and easy to navigate

  • Minimum trading starts at Rs.80

  • The minimum deposit amount required is Rs.500

  • The platform has more than 70 trading assets

  • Free Demo account

  • Equity Intraday and Equity Delivery brokerage charges are Rs.20

  • Maintenance Charge is Rs.150

Pros
Cons
  • A low deposit amount required

  • Invest in a variety of assets

  • Users can make a demo account for free

  • Has binary option risks

  • Lack of ownership of assets

Find Popular Binomo Coupons


11. Zerodha Kites

Zerodha Kites is one of the best trading apps without investment that has become one of the go-to platform for the beginner and experienced traders. 

Key Features

  • Get live market data

  • Interactive charting tools that will help in comprehensive analysis

  • Quick and hassle-free order placement

  • Helps in swift buying and selling of stocks

  • Local and international stocks are available in a large number

Pros
Cons
  • Supports trading even with a weaker connection

  • No brokerage fees are required for Mutual Funds and Equity Delivery

  • User-friendly App

  • There is a charge for opening an account and its maintenance


12. Olymp Trade

Enter into the world of corpus creation with a zero-investment trading app, the Olymp Trade. It is a user-friendly platform that allows the users to avail the financial tools and data in real-time and then make trading decisions. 

Key Features

  • With the app, you can easily trade in stocks, forex and fixed-time trades

  • Free Demo account

  • Get access to managing your wealth with an advanced tool

Pros
Cons
  • Simple and interactive app interface

  • Low minimum deposit amount

  • Comparatively lower trading assets

  • Sometimes funds take time to be withdrawn

Access Top Olymp Trade Coupons

How Should Beginners Choose The Best Trading Apps Without Investment?

Are you new to the trading game? This is the right place for you! Learn what makes an app the most suitable for trading as a beginner. 

Accessibility and ease of use: When you are new to trading, you will always want to focus on the market instead of wasting time on a complex app that is hard to navigate. Therefore, a platform that has a good user experience is usually easier to trade with. 

Platform cost and exchange fees: Another important factor to consider is the cost of trading. Thus, the platforms that take higher brokerage fees can be avoided.

Presence of Advanced Tools: You should always choose an app that gives you access to advanced tools like charts, trading signals, indicators and more which allows you to make informed decisions

Customer Service: The app that has 24/7 customer support is an ideal choice for beginner traders

Risk Management: Using a reliable platform is necessary to mitigate risks like losing more than you have deposited like setting an automatic stop loss or limit order or so.

List Of Documents Required To Open A Trading Account

To start with a positive note on your trading journey, two things are extremely important, selecting the best trading app without investment and knowing the correct set of documents required to start trading. Use our guide to get them both:

  • One photo identity proof is required - mostly a PAN card

  • Address proof must be submitted - Landline bill, electricity bill, Bank statement, Ration card, passport or Voter’s ID card

  • An income proof like the last six months' bank statement, 3 months' salary slip and IT return

  • A cancelled cheque

  • A passport-size photograph

  • A digital signature

FAQs

1. Is the zero investment trading app real or fake?

The trading apps without investment are very real and they provide demo accounts for you to practice trading.


2. What are the best trading apps in India to earn money without investment?

According to Google ratings, the top trading apps in the country include Upstox, ICICIDirect, CoinDCX, Angel One, Groww and more.


3. What is the best trading app without a PAN card?

Every trading app requires a PAN card to open a trading account.


4. Can I trade different financial instruments with the free trading app?

Yes. Zero investment apps can be used to trade in financial instruments like stock, cryptocurrency, F&O and more.


5. Can I day trade on the best trading apps without investment?

Yes. Intraday trading is allowed with low brokerage fees on zero-investment trading apps. 

Conclusion

Are you ready to start your trading journey? Use our tips and hacks to find out the best trading apps without investment and fix your financial future for free!