Best app for investing under 25: Millions vs Groww vs INDmoney vs Upstox

For someone under 25, choosing an investing app is not just about finding the lowest brokerage. At this stage, the bigger priorities are usually ease of use, access to mutual funds and stocks, useful research tools, and costs that do not eat into a small portfolio.

Millions, Groww, INDmoney and Upstox all offer ways to invest in stocks and mutual funds. Each one is designed with slightly different users and priorities in mind. Millions focuses on making investing approachable, Groww keeps a broad investing and trading experience simple, INDmoney combines investing with portfolio and net-worth tracking, while Upstox offers separate experiences for investors and active traders.

Millions

Millions is an investing platform for retail investors, with stocks, ETFs, mutual funds and IPOs available through the app. It also offers goal-based investing and SIP features, making it relevant for someone starting with smaller, regular investments.

Its current pricing page lists ₹0 brokerage for equity delivery, ETFs, IPOs and mutual funds, with ₹20 or 0.03% per executed order, whichever is lower, for equity intraday and MTF. Equity F&O trades brokerage is ₹20 per executed order.

Groww

Groww is widely used for stocks, direct mutual funds, ETFs, IPOs and F&O. It also provides screeners, charts, option-chain tools and other features for users who gradually move from investing into trading.

It offers free account opening and AMC, while equity brokerage is ₹20 or 0.1% per executed order, whichever is lower, subject to the applicable minimum. F&O brokerage is ₹20 per executed order.

INDmoney

INDmoney is different because it has more financial tracking features. Besides Indian stocks, ETFs, mutual funds and F&O, it also provides access to US stocks and tools to track net worth and investments across accounts.

For mutual funds, INDmoney currently offers direct mutual funds with zero commission and portfolio tracking. Its Indian stock platform also lists zero AMC and access to thousands of stocks.

Upstox

Upstox provides stocks, mutual funds and IPOs for investors, while its Pro experience includes futures, options, commodities, charting and other trading tools. It also supports TradingView charts, option-chain analysis and multiple chart layouts.

Its current pricing shows ₹0 brokerage on mutual funds and IPOs, while equity delivery and options have brokerage of ₹20 per trade, equity intraday has ₹20 or 0.1%, and futures trades have ₹20 or 0.05% per trade.

What should investors under 25 check before choosing?

Define your objective: what you are going to use the application for. For example, if you are into mutual funds and long-term investing, compare the availability of direct mutual funds, SIP option, portfolio tracking and applicable charges.

If you are looking for the best stock market app, also consider whether the platform offers the stocks, research tools and features that match your investing needs.

If your objective is to trade actively, compare brokerage, charts, order types, option-chain tools and the overall trading interface. You may also check the latest pricing before opening an account, as brokerage and other charges can change over time.

Do not fall into the trap of numerous features. If you have a small portfolio, an interface you understand and costs you can clearly track might be more useful than a platform loaded with tools you never use.

To sum up

Starting early can make investing feel much less complicated over time. But when you are putting your first few thousand rupees into the market, you probably do not need every feature that a trading platform offers.

There is no single best app for investing that can fit all. You can choose the best app for you depending on your requirements and experience.