In this guide, we will explore the best trading platforms in UAE in Malayalam or Kannada language.
There are limited online brokers that offer trading platforms and tools in any of these languages. We’ve tested all UAE brokers offering trading with one language and compared them in 8 different categories to help you make an informed decision.
UAE’s leading Malayalam and Kannada trading platform
- Zerodha – Best general broker in Kannada and Malayalam
Best online brokers in UAE Malayalam and Kannada reviewed
Below, we break down the best UAE trading platforms available in Malayalam and Kannada languages, including their pros, cons and key features.
Zerodha – Best General Broker in Malayalam and Kannada
Zerodha is an NSE and BSE regulated broker that enables users to trade in over 90,000 financial instruments in Malayalam and Kannada language. Both languages are available in all versions of their platforms (desktop, web and mobile) and in all their trading features.
Although Zerodha does not offer live chat support, users can contact their Malayalam and Kannada customer support 24/7 through a ticket system. Also, users can find answers to frequently asked questions so that users can find answers to frequently asked questions.
Zerodha’s proprietary platform (Kite) is intuitively designed and provides users with access to hundreds of indicators, educational materials and a powerful customizable graphical interface. Users can choose from advanced and conditional order types such as Good-Till-Triggered and One-Cancels-Other, and set up price alerts for their preferred stocks, futures and options.
The platform also offers a unique Nudge system that alerts users to any risks associated with their trading or investments, such as questionable stocks, illiquid assets and important financial news releases, which is a great feature for novice traders. All tools and features are available in two languages: Malayalam and Kannada.
Zerodha offers free equity delivery on NSE and BSE products, but charges a flat fee of ₹ 20 (or 0.03% – lower) per executed order for intraday transactions, equity, currency and commodity trading. Direct mutual fund investments are free. Compared to other online brokers in the UAE that offer commission-free stock trading, Zerodha’s trading commissions for other assets are among the lowest in the industry.
Users can choose an online, offline, NR and corporate account with Zerodha, but they do not offer a demo or paper trading account.
The minimum deposit to open a live trading account is ₹200. The account can be accessed through bank transfer (through UPI), net banking, NEFT/RTGS and cheque.
Key Features of Zerodha:
- Wide range of instruments – Trade NSE & BSE stocks, direct mutual funds, futures, options, IPOs and fixed income products
- Commission-free equity delivery – All instruments for issuing shares (NSE and BSE shares) are free
- 100% online account opening – No paperwork is required to open an account
- Trading Platform for Beginners – Very beginner friendly trading platform with easy to understand features and user interface
| Minimum Deposit | 200 ₹ |
| Available financial instruments | Stocks, direct mutual funds, futures, options, fixed income products, bonds, IPOs |
| Trading fees | Commission Free NSE & BSE Stock Trading, ₹ 50 Broker Assisted Trades, ₹ 20 or 0.03%, Smaller Options & Futures |
| Trading platform | Kite Android and iOS app |
| Account types | Equity and Derivatives Trading Account, Equity Demat Account, Commodity Trading Account |
| Broker type | Discount broker |
| Regulatory Bodies | SEBI |
| Deposit Methods | UPI, instant payment gateway, IMPS/NEFT/RTGS/Cheque |
Supporters
- Commission free stock trading
- 100% online account opening process
- Available in Malayalam and Kannada
Cons
- It is not compatible with external trading platforms such as MetaTrader 4, 5 or cTrader
- It does not offer cryptocurrency trading
- Low maximum leverage of up to 5:1
How to choose the right trading platform?
To get the list of UAE platforms in Malayalam and Kannada we have analyzed one of our brokers in 8 different categories. Below is a detailed breakdown of the criteria used to evaluate brokers:
- Number of assets available for trading (forex pairs, stocks, ETFs, commodities, indices, cryptocurrencies, precious metals, etc.)
- Trading fees, commissions and other broker costs
- Trading platform features (clock charts, economic calendars, technical analysis tools, charting kits)
- Mobile trading features
- The quality of the agent’s customer service
- Broker-provided research and education
- Available banking methods
- Availability of Malayalam and/or Kannada (whether the trading platform is available in Malayalam or Kannada)
What is Malayalam?
Malayalam or மம்லும் is a Dravidian language with roots in Tamil, spoken in Kerala, Lakshadweep and Puducherry. It is one of the 22 official languages of India and is spoken and written in the United Arab Emirates.
What is Kannada?
Kannada or केंडा is a Dravidian language spoken mostly by the people of Karnataka in southwest India. Kannada has been the court language of many dynasties in south and central India and is also used in the UAE.