If you’re just getting started with stocks or mutual funds, you do not have to learn everything about the stock market before making the first investment. With the right app, your experience becomes much easier, as it helps you explore stocks, mutual funds, IPOs and other options.
What matters most for first-time investors is a clean interface, simple features, and transparent charges. In this blog, we have shortlisted some beginner-friendly apps for investment.
Best apps for first-time investors in 2026
For those looking for a simple app for 1st time investors, here’s our curated list. We have considered usability, features and cost-effectiveness in these apps for your convenience.
- Millions
For new investors, Millions offers a cost-friendly starting point with its ₹0 account opening, AMC, and platform fees. You can also buy equity delivery, ETFs, IPOs and mutual funds without paying brokerage. As a beginner, you can invest in direct mutual funds at 0% commission. Millions also provides a plethora of tools that help investors in their investment journey.
- Groww
Groww offers a simple investing experience, which makes it easier for investors to place their first order. It doesn’t charge anything for account opening and maintenance. The platform charges equity brokerage of ₹20 or 0.1% per executed order, whichever is lower, with a ₹5 minimum. You can also choose direct mutual funds on Groww and invest through SIPs or lump-sum investments without additional charges.
- Zerodha Coin
Zerodha Coin is suitable for investing in mutual funds. It allows you to purchase direct mutual funds without paying any commission. The units are delivered directly to your Demat account. Zerodha Coin is noted for its ₹0 brokerage on equity delivery and no commission on direct mutual funds.
- INDmoney
If you want to invest in US stocks, INDmoney can give you that option. This platform is suitable for investors who prefer managing several investments through a single app. You can open an account for free on INDmoney, while it charges brokerage of 0.1% or ₹20 per executed order for equity trades, whichever is lower, on Indian equity.
- Upstox
On Upstox, you can create a demat account for free. It does not charge AMC during the first year for new users. No brokerage is charged for investments in mutual funds and IPOs. For stock trades, the platform can charge maximum brokerage of up to ₹20 per order. You can find useful resources on Upstox Learning Center.
- Angel One
New investors find a relatively easy entry point with Angel One. On this platform, you can benefit from ₹0 brokerage up to ₹500 for the first 30 days. Once this period is over, it charges equity intraday brokerage of ₹20 or 0.1% per executed order, whichever is lower. You can open an account for free on Angel One, and the first year doesn’t require any maintenance charge.
- Paytm Money
Paytm Money is a broader platform where you can invest in stocks, IPOs, mutual funds and even NPS. You can buy and sell mutual funds on this platform without paying any transaction fees and access free statements.
- 5paisa
5paisa is a beginner-friendly investing app that allows users to invest in mutual funds, stocks, ETFs and IPOs through a single platform. It offers zero brokerage on mutual fund investments, making it a cost-effective option for first-time investors. 5paisa also provides SIP investment options and tools to track portfolio performance in real time.
Conclusion
The choice of the right investment app depends on what you want to invest in and the resources you need. Compare the costs, features, and ease of use when you choose one of these apps. With a beginner friendly investing app, you can easily start investing and build your portfolio over time.
