The aspiration to make money with the help of the stock market is no longer the prerogative of the rich. The development of smartphone technology and the digital platform has transformed the way Indians engage in financial markets with trading apps without investment. You can now be able to explore trading opportunities, whether you are a college student, a homemaker, or a working professional, without having to risk your hard-earned money in the first place.
These exchanges also provide demo trading, zero commission scheme,s and referrals to enable new clients to study, practice,ce and ultimately gain money by trading. This is a thorough guide to the 10 best legitimate trading apps in India,dia which have low or free entry fees, that will allow you to make decisions informed decisions about what your trading process will entail and what traps may arise when trading on free platforms.
Can You Do Trading Without Investment?
It is true that trading without starting capital is allowable using several approaches. Most of the trading apps without investment platforms give you virtual trading accounts where you trade in a simulated environment with fictional money. Moreover, there are brokers that are offering zero-brokerage plans on delivery trades, i.e., you just have to make the minimum so that you can purchase shares without spending on transaction fees.
It is, however, important to know that, in order to really learn trading in the sense that it means one has to capitalize on it at some point. The demo accounts allow you to learn tricks without risking your money, and zero-brokerage plans allow you to keep the expenses as low as possible. The moment you begin investing real money, entering the market has never been easier.
Types of “Zero Investment” Trading Experiences
Paper / Demo Trading
Paper trading or demo trading will enable you to buy and sell stocks using virtual money in simulated market conditions. This is provided by most trading apps that do not involve investing, and then you are provided with virtual capital (typically ₹10-₹50 lakhs) to practice strategies, market dynamics, and gain confidence without having invested money, which is ideal when you are a complete beginner to the trading game.
Free Account / Zero Brokerage Trading
A number of brokers do have accounts, no initial fee, and zero commission on particular types of transactions, especially delivery trades, where you are holding stocks to invest, not to speculate on the day. This trading app with no investment means that you only need the real amount of stock purchase without having to pay any extra brokerage fees, and barriers to entry are greatly reduced, so anyone can invest long-term with ease.
Referral / Rewards-Based Earning
Numerous trading sites reward user acquisition with referral programs where you receive cash or free stocks by referring friends to the site who successfully go through the registration process or make their initial trade. There are also apps that have sign-up bonuses, cashback trades, or loyalty points, making trading apps without investment appealing for users who want to start small. Although this is not a trading application that requires investment to engage in real trading, it has options that allow the user to earn money in smaller quantities until they can invest personal capital.
“Earn Money Trading Without Investment” Apps — Reality Check
Always be very wary of applications that guarantee returns with no investment; such applications are normally based on some form of fraud, pyramid scheme, or deceptive advertising. Non-investment platforms with legitimate trading applications will give free learning resources and no-cost account services, but will never win. Trading is never a sure thing, and any site that offers guaranteed returns without investing money is probably a hoax. Before you put your data and money on any financial application, always make sure that it is registered by SEBI and you have read its reviews.
10 Best Legit Trading Apps in India 2026 (Low/Zero Brokerage)
1. Shoonya (Zero Brokerage on Delivery)
Shoonya is an innovative trading application by Finvasia in which investors are not charged any commission charges and get equity delivery trading completely without any hidden fees, making it one of the notable trading apps without investment for cost-conscious users. The platform is the most optimal option for long-term investors because it offers stocks, commodities, currencies, and derivatives without paying any brokerage on delivery transactions. Shoonya has become popular with traders who prefer low cost with advanced charting, real-time market data, and a smooth trading experience, without the monthly fees companies would charge them to have their money used professionally.
How Users Can Start for Free: Open a zero account opening fee and no annual maintenance fee Demat and trading account online.
How You Can Earn Money Using This App: Purchase stocks at no commission and get a gain over time by holding long-term investments.
Charges & Hidden Costs: No charges on delivery of equity stock; slight fees on intraday and F&O trading, with statutory fees on all trading.
Pros:
- No-commission delivery trade.
- No account maintenance fees
- Advanced trading features comprise
- Several market segment penetrations.
Cons:
- Lack of content of research.
- Reduced the network of customer service.
- IM needs to be enhanced.
- Less brand recognition
App Link: https://play.google.com/store/apps/details?id=com.rs.shoonya
Customer Ratings: 4.1/5
2. Groww
Groww has become the easiest-to-use investment application in India with no barriers to investment, especially amongst millennials and first-time investors, and is often considered among trading apps without investment due to its zero delivery brokerage model. Beginning as a mutual fund platform, Groww then added stocks, IPOs, ETFs, and gold with an intuitive interface that breaks down complex financial concepts. The application provides a zero commission on equity delivery trading, education, portfolio management, and payment integration. Groww, with its clean design and easy onboarding process, has more than 10 crore users, which is ideal for those who are new to the market.
How Users Can Start for Free: Sign up and become a fully paperless customer in just a matter of minutes by undertaking the entire process of KYC online, and without any account opening fee.
How You Can Earn Money Using This App: Invest in stocks, IPOs, and mutual funds at zero delivery brokerage and make money based on the growth of the capital and its dividends.
Charges & Hidden Costs: Delivery trades- Zero brokerage; intraday and F&O trading- 20 per order plus regulatory taxes and other charges.
Pros:
- Very user-unfriendly interface.
- Zero delivery brokerage fee
- Extensive investment opportunities present.
- Good educational facilities are available.
Cons:
- Poor charting tools are available.
- Sometimes, technical glitches were reported.
- Slow response in customer support.
- Higher F&O charges
App Link: https://play.google.com/store/apps/details?id=com.nextbillion.groww
Customer Ratings: 4.7/5
3. Zerodha
Zerodha was the first discount broker to transform the Indian broking industry; the company is also the largest stockbroker in terms of active clients. It is not an entire trading application that does not require investments in fees, but its transparent pricing places it close to trading apps without investment by charging 20 per intraday/F&O trade and no brokerage on delivery. The platform has such professional-level products as Kite web and mobile app, Coin to trade in direct mutual funds, and Varsity to trade in education. Zerodha is known to be reliable, technologically inclined, and customer-first, and has industry standards.
How Users Can Start for Free: Open an account with a 200 one-time fee (which is usually free in case of the promotion) and zero maintenance fees thereafter.
How You Can Earn Money Using This App: Trade in equity, F&O, currency, and commodity markets with fair prices and profit on market trends.
Charges & Hidden Costs: Zero delivery brokerage; flat charges of ₹20 / ₹0.03% of executed intraday/F&O orders, and statutory fees and taxes.
Pros:
- Technology platform leading in the industry.
- Open pricing system.
- High-quality learning materials.
- Highly reliable execution
Cons:
- Account opening fee charged
- No 24/7 customer support
- Difficult interface for new users.
- None of the relationship managers were given.
App Link: https://play.google.com/store/apps/details?id=com.zerodha.kite3
Customer Ratings: 4.3/5
4. Upstox
Upstox has one of the most advanced trading applications with no investment complexities that combines powerful trading capabilities with low prices, making it one of the most popular trading apps without investment for modern traders. With Tiger Global and Ratan Tata support, Upstox offers 0 brokerage on equity deliveries and per intraday/F&O trade, 20. The modern interface of the platform is equipped with charting (100+ technical indicators), market depth analysis, GTT orders, and the ease of transferring funds. Upstox has more than 1 crore users and is both professionally powerful and accessible enough that it fits those who are just starting to get acquainted with markets and those who need advanced services.
How Users Can Start for Free: Paperless KYC and no account opening fee. Open a digital account in less than 5 minutes.
How You Can Earn Money Using This App: Buy and sell stocks with no delivery fees and use advanced features to earn by trading intraday and derivatives with leverage.
Charges & Hidden Costs: Zero delivery brokerage; 20 per intraday/F&O order with the normal regulatory and demat transaction fee.
Pros:
- Strong charting tools exist.
- Zero delivery model of brokerage.
- Fast order execution speed
- Modern intuitive interface
Cons:
- Inconsistency of customer service is reported.
- Sometimes stability of the apps.
- Inadequate research advisory material.
- Complicated when you are an absolute beginner.
App Link: https://play.google.com/store/apps/details?id=in.upstox.app
Customer Ratings: 4.4/5
5. Flattrade
The Flattrade is a totally free trading app without investment in brokerage fees across all segments, such as equity delivery, intraday, F&O, currency, and commodities, positioning it among trading apps without investment for cost-sensitive traders. Flattrade is a division of the Jainam Broking group that has over 30 years of broking experience and whose zero-brokerage model is not subject to any hidden terms. The platform provides a full set of trading solutions, real-time stream data, and multi-exchange access, and earns revenue by charging interest on client funds and premium services as opposed to charging per-trade, which makes it very affordable to the active traders.
How Users Can Start for Free: Open an account with no account opening or maintenance fees of any kind in all segments.
How You Can Earn Money Using This App: Trade with no commission across all segments and keep one hundred percent of profits after profitable market positions.
Charges & Hidden Costs: No charge of any sort on any trade; just statutory charges such as STT, exchange fees, and GST.
Pros:
- Zero brokerage for all segments
- There were no volume limitations.
- Wide market coverage offered.
- Veteran broker credibility
Cons:
- Less contemporary design of interfaces.
- Smaller user community base
- Limited brand awareness
- Basic research offerings
App Link: https://play.google.com/store/apps/details?id=com.noren.ftconline
Customer Ratings: 4.5/5
6. Dhan
Dhan has positioned itself as the first zero-commission trading application in India, with trading apps without investment and free equity delivery and options trading, which have new features. The platform is a mix of a beautiful design and robust functionality with free options-trading and in-depth market analytics. The derivatives traders it focuses on, combined with its zero delivery brokerage, make it special. The app offers real-time P&L tracking, paper trading to practice, and educational content that make it fit both learning and serious trading across the market segments.
How Users Can Start for Free: Video KYC Instant account opening, no account opening fees, and free demo trading accounts.
How You Can Earn Money Using This App: Trade equity delivery and options with no brokerage fees and with advanced analytics to make informed choices.
Charges & Hidden Costs: Delivery and options. No charges, futures trading; standard regulatory charges will apply.
Pros:
- Free options trading offered
- Modern user interface
- Strong analytics dashboard
- Paper trading available
Cons:
- Relatively new platform
- Limited track record
- Smaller customer support
- Less established brand
App Link: https://play.google.com/store/apps/details?id=com.dhan.live
Customer Ratings: 4.6/5
7. Stoxkart
Stoxkart offers an end-to-end trading application that does not imply investment in the work of a broker who obtains the delivery trade at competitive prices in other segments, aligning it with trading apps without investment for retail users. The platform is an integration of traditional broking reliability and modern technology and offers access to equity, derivatives, currency, and commodity markets. Stoxkart is a company that is user-oriented, and the content of the site includes webinars and market analysis as well as trading strategies. The simple user interface on the app accommodates an inexperienced user and provides the intermediate trader with enough features. Stoxkart will democratize the market access of retail investors in India with committed customer support and clear pricing.
How Users Can Start for Free: Sign with minimum paperwork, finish digital KYC, and have no account opening fees.
How You Can Earn Money Using This App: Invest in zero-commission delivery brokerage stocks and trade in segments with competitive price structures.
Charges & Hidden Costs: Zero delivery brokerage; competitive flat-fee system of intraday and F&O, and full transparency of all charges.
Pros:
- Zero delivery charges
- Good educational content
- Transparent pricing model
- Decent customer support
Cons:
- Limited advanced features
- Smaller market presence
- Basic charting tools
- Less brand recognition
App Link: https://play.google.com/store/apps/details?id=com.stx.stxkrt
Customer Ratings: 3.7/5
8. mStock
Mirae Asset mStock does not charge investment account maintenance fees, but does charge no brokerage on equity delivery and mutual funds, and is an exclusive trading application that fits well within trading apps without investment for long-term investors. Borchia, supported by the Mirae Asset Financial Group of South Korea, is a platform that incorporates global standards with local India-oriented features, including basket orders, which enable multi-stock orders, themed investment, and integration of a variety of investment products. The app offers a lean interface, research suggestions, and easy transfer of funds, which make it appropriate for an investor who requires complete management of wealth and the ability to trade.
How Users Can Start for Free: Open an account with the ability to do everything paperless, no account opening fees or yearly maintenance.
How You Can Earn Money Using This App: Invest in mutual funds and stocks with no fees and receive professional research suggestions.
Charges & Hidden Costs: Zero delivery charge and mutual fund charge; flat charge of ₹20 per order intraday/F&O charge plus statutory charges.
Pros:
- Zero delivery brokerage
- The robust research recommendations.
- Basket orders feature
- Ministerial credibility on international support.
Cons:
- Limited derivatives tools
- Fewer active traders
- Simple charting capability.
- Smaller community support
App Link: https://play.google.com/store/apps/details?id=com.rs.mirae
Customer Ratings: 4.1/5
9. 5Paisa
5Paisa was the first affordable broker in India, and it has one of the most comprehensive trading apps without investment restrictions, with plans as low as ₹10 per trade across all segments. The platform offers equity, derivatives, currency, commodity, mutual funds, and IPOs on a single unified platform, where the 5Paisa unlimited trading plan at 899/month enables unlimited trades and hence proves very cost-effective to active traders. The application has enhanced charting, research, portfolio management, and education, which makes it a full investment solution for cost-efficient traders.
How Users Can Start for Free: Free. Open an account with appealing pricing packages and frequent promotions that waive account opening fees.
How You Can Earn Money Using This App: Trade anywhere with low prices-per-trade or choose unlimited monthly plans to trade actively.
Charges & Hidden Costs: Plans as low as ₹10 per trade and as high as ₹899 unlimited monthly subscription; delivery trades are charged by the standard plan, as well.
Pros:
- Multiple pricing plans
- Full market penetration.
- Unlimited trading plan
- Good research content
Cons:
- Not true zero brokerage
- Complex plan selection
- Interface slightly dated
- Unstable customer service.
App Link: https://play.google.com/store/apps/details?id=com.fivepaisa.trade
Customer Ratings: 4.2/5
10. Paytm Money
Paytm Money uses the Paytm platform to create a straightforward trading application with no investment complexities, especially for people who are already accustomed to the Paytm platform, positioning it among trading apps without investment for beginners. The application offers zero commission on equity delivery transactions, straightforward IPO applications, investment in mutual funds, and NPS options in a single application. Paytm Money is integrated with Paytm Payments Bank, which provides the ability to transfer and withdraw funds instantly, and this is a fluid process in the management of liquidity. The platform places emphasis on simplicity and trust, and as such, it can be considered suitable for beginners who desire an uncomplicated, no-frills approach to investing without being overloaded with features.
How Users Can Start for Free: Take advantage of the existing Paytm KYC to open an account without any fee and easily integrate it.
How You Can Earn Money Using This App: Buy stocks at zero delivery and apply to IPOs with a convenient Paytm wallet.
Charges & Hidden Costs: No delivery brokerage commission; ₹10 / order intraday/ F&O trading (including normal regulatory fees and taxes).
Pros:
- Paytm ecosystem integration.
- Zero delivery charges
- Easy entry-level user interface.
- Easy fund management
Cons:
- Limited advanced tools
- Basic charting features
- Fewer market segments
- Not so helpful to the active traders.
App Link: https://play.google.com/store/apps/details?id=com.paytmmoney
Customer Ratings: 4.6/5
Comparison of Trading Apps Without Investment
| App Name | Delivery Brokerage | Best For | Rating |
|---|---|---|---|
| Shoonya | Zero | Long-term, zero-cost investors | ⭐ 4.1/5 |
| Groww | Zero | Beginners & simple investing | ⭐ 4.7/5 |
| Zerodha | Zero | Serious traders & learners | ⭐ 4.3/5 |
| Upstox | Zero | Active traders & chart users | ⭐ 4.4/5 |
| Flattrade | Zero (all segments) | High-frequency, low-cost traders | ⭐ 4.5/5 |
| Dhan | Zero (delivery & options) | Options traders & analytics users | ⭐ 4.6/5 |
| Stoxkart | Zero | Beginners needing guidance | ⭐ 3.7/5 |
| mStock | Zero | Long-term investors & research users | ⭐ 4.1/5 |
| 5Paisa | Plan-based | Active traders with bulk trades | ⭐ 4.2/5 |
| Paytm Money | Zero | Beginners & Paytm ecosystem users | ⭐ 4.6/5 |
How to Earn From Trading (Realistically)
- Begin with Education: Before committing funds, even spend time doing free market education, technical analysis, and risk management through free resources such as Varsity by Zerodha.
- Demo account: Test your strategies and gain confidence using paper trading in any trading apps without investment and no financial loss that you must practice for at least 3-6 months.
- Start with Small Sums: Dollar amounts. Start with small amounts that you can lose entirely, making preliminary investments in tuition fees to market education, not profits.
- Investing is a Long-Run Business: Stable returns are usually achieved through long-diversified long-term investments as opposed to common day trading, whereby inexperienced traders often commit losses.
- Constant Learning: Markets keep changing; effective traders will take time to educate themselves on new principles, economics, and change their perspective with experience and new market conditions.
Conclusion
The trading environment in India has evolved radically, with many authoritative platforms providing trading apps without investment through zero brokerage plans, demo accounts, and low fees. Although there are apps available, such as Shoonya, Flattrade, and Dhan, that genuinely offer free trading as well as others, such as Groww, Zerodha, and Upstox, that do not charge brokerage at all, one must realize that free systems are means to an end and not a sure way to make money.
Trade success does not come without education, discipline, management of risk, and patience. Begin with demo accounts, learn as much as you can, and then move on to actual trading with amounts you can afford. It should be remembered that all seasoned traders started as novices, and with a proper approach and these legal avenues, you can gain knowledge and may even become even richer with time.
FAQs
Is it possible to trade in India without any investment?
Most platforms allow you to trade on demo accounts with virtual money, but at some point in time, to make actual profits, you will require real capital investment, even on zero-brokerage platforms.
What is the most suitable zero brokerage trading application in India?
Shoonya and Flattrade will have zero brokerage in all segments, whereas Groww, Zerodha, and Upstox will have zero delivery brokerage with low fees in other segments.
Are zero brokerage trading applications legal and secure?
Indeed, all brokers in SEBI are authorized, such as Shoonya, Groww, Zerodha, and others in the list, and they also make money in some other ways, such as interest on deposits and premium services.
How much do I require in order to start trading in India?
Although you can start small as little as ₹500-1000, it may be prudent to start high with ₹5,000-10,000 to get substantial diversification and learning without taking too much risk.
Do new users earn money through trading applications?
Probably, but not all beginners spend money at first because they do not have experience. Make money in test accounts and education before getting ready to make regular profits in real trading.
