8 Factors that have Led to an Increase in Trading for Beginners

Nowadays, you can do almost everything with your smartphone. Buy furniture, watch your favourite shows - it's all just a few taps away. But what about using your phone to trade in the stock market?

Thanks to easy-to-access mobile trading apps, gone are the days when stock trading meant sitting in front of a computer or standing in long queues at a brokerage firm. Trading for beginners is now very easy.

What is making the use of trading apps so widespread suddenly? How have they become the preferred choice for new traders looking to dip their toes into investing?

Let's break it down!

1. Easy Access to Financial Markets

Opening a demat account and getting started with trading is simpler than ever. Now, you can start trading on the phone in stocks, bonds, or commodities. And you don't have to deal with the burden of complex paperwork anymore.

2. Diverse Investment Opportunities

Some trading apps in India now offer users access to global markets, allowing them to invest internationally. This global reach expands investment options, and beginners can explore and diversify their portfolios.

3. Options Trading: Endless Possibilities for Beginners

While many new investors start with stock trading, online apps now make options trading accessible. This investment approach, which allows users to reserve the right to buy or sell stocks at a future date, was once complicated.

Modern trading apps have simplified the process by allowing users to make straightforward decisions—such as choosing between a put or a call—and wait for the option to expire.

So trading apps enable beginners to explore new strategies with potentially high returns, broadening investment opportunities.

4. Real-Time Updates for Smarter Decision Making

Access to real-time market data is important for making informed trading decisions. Trading apps provide live updates on stock prices, market movements, and relevant news, allowing users to act fast. For beginners, it helps them keep tabs on market changes and seize opportunities as they arise. With live data, even the newest investors can slowly but surely develop confidence.

5. Complete Control and Flexibility with Online Trading

A huge plus in online trading for beginners is its complete control. Traders can manage their portfolios — from placing and modifying orders and cancelling —without middlemen, reducing the risk of errors common in offline trading.

Real-time monitoring is another important perk; traders can track investments whenever they want to remove underperforming stocks quickly and add profitable ones as markets shift.

6. Gamification and Community Engagement

A great trend promoting the popularity of trading apps is gamification.

Features like leaderboards, rewards, and challenges have made trading more exciting. Motivating users to stay active. In online forums like Reddit and Quora, the stock market is discussed daily. It has built a sense of an online community of like-minded aspiring investors. It has also connected beginners with experienced traders. Traders can share insights, discuss market trends, and learn from each other online.

7. Learning Through Trading Apps

The best trading app for beginners in India is now developed with educational resources that help beginners understand stock market basics better. From webinars and how-to videos to in-depth articles, provide valuable guidance to new investors.

This makes the learning process more visual and builds user self-confidence as they navigate the complexities of stock trading.

The educational aspect of trading apps is a key factor in making the investment journey simpler and more rewarding.

8. The Influence of the Pandemic on Trading

The COVID-19 pandemic started a new lot of first-time traders in India. As lockdowns and remote work encouraged Indians to seek new income or a second income source. Trading apps provide a secure online, contactless to engage with financial markets from home.

This surge in interest transformed trading from an activity done by a much smaller group to now a mainstream option for people of all ages.

The digital investment market (Online trading) is poised to dominate, with a projected total transaction value of US$128.30 billion in 2024. Trading apps are now easily accessible to the commoners in India. New investors are spoiled for choice when choosing the best trading app in India. Users can now open a Demat account, access global markets, trade in real-time, and even learn about investing —all while enjoying the benefits of a zero brokerage trading app online.

The start of online trading apps has brought drastic changes to the investment landscape in India. By providing easier access to the stock market for a wider range of investors.