Angel One Vs Zerodha – Broker Comparison
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- Angel One Vs Zerodha – Broker Comparison
About Angel One
Incorporated in 1987, Angel One (Angel One) is one of the largest full-service retail brokers in India offering online discount brokerage services. The company offers a wide range of investment and trading services including stock and commodity broking, investment advisory services, margin funding, loans against shares, and financial products distribution. Angel One has a strong neighborhood presence with 110 branches, 11,000 trading terminals, and over 18,000 authorized pe… >> More
About Zerodha
Zerodha is the largest brokerage in India. It is one of the largest and most reputable brokerage firms, providing online flat fee discount brokerage services for investing in equity, currency, commodities, IPOs, futures and options, bonds, government securities, and direct mutual funds. For stock delivery transactions and direct mutual funds, Zerodha charges no brokerage. It charges a fixed Rs 20 or 0.03% (whichever is lesser) per trade for intraday and futures trading. Furthermore, it charges a flat Rs. 20 per completed order for options trading…. >> More
Angel One Vs Zerodha
Angel One is a Discount Broker that was founded in 1987. It provides trading on the BSE, NSE, MCX, and NCDEX. It has 900 branches throughout India. Zerodha is a Discount Broker that was founded in 2010. It provides trading on the NSE, BSE, MCX, and NCDEX. It has 22 branches in India.
Angel One | Zerodha | |
---|---|---|
Type of Broker | Discount Broker | Discount Broker |
Exchange Membership | BSE, NSE, MCX, NCDEX | NSE, BSE, MCX and NCDEX |
Year of Incorporation | 1987 | 2010 |
Number of Branches | 900 | 22 |
Angel One Vs Zerodha Charges & AMC
Angel The charges for creating a trading account are Rs 0 (free), but the charges for registering a Zerodha account are Rs 200. Angel One Demat Account AMC is Rs 240, whereas Zerodha Demat Account AMC is Rs 300.
Angel One | Zerodha | |
---|---|---|
Trading Account Opening Charges | Rs 0 (Free) | Rs 200 |
Trading Account AMC Charges | Rs 0 (Free) | Rs 0 (Free) |
Demat Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
Demat Account AMC Charges | Rs 240 | Rs 300 |
Angel One Vs Zerodha Brokerage
Angel One charges no brokerage for equities and costs Rs 20 per executed order intraday, whereas Zerodha charges no brokerage for equity and charges Rs 20 per executed order intraday or 03% whichever is lower.
Account Type | Angel One Angel iTrade PRIME | Zerodha Flat Brokerage Plan |
---|---|---|
Fixed Charges | ||
Equity Delivery | Rs 0 (Free) | Rs 0 (Free) |
Equity Intraday | Rs 20 per executed order | Rs 20 per executed order or .03% whichever is lower |
Equity Futures | Rs 20 per executed order | Rs 20 per executed order or .03% whichever is lower |
Equity Options | Rs 20 per executed order | Rs 20 per executed order |
Currency Futures | Rs 20 per executed order | Rs 20 per executed order or .03% whichever is lower |
Currency Options | Rs 20 per executed order | Rs 20 per executed order |
Commodity Futures | Rs 20 per executed order | Rs 20 per executed order or .03% whichever is lower |
Commodity Options | Rs 20 per executed order | Rs 20 per executed order |
Angel One Charges Vs Zerodha
Minimum Brokerage | Equity Rs 20 | F&O Rs 30 | 0.03% in Intraday and F&O |
---|---|---|
Other Charges | Physical contact notes: Rs 20, Trade SMS Alerts: Rs 1 per SMS | |
Call & Trade Charges | Additional Rs 20 per executed order | Rs 50 per executed order |
Angel One Vs Zerodha Transaction Charges
Angel One transaction charge for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 500 per Cr (0.005%) (on premium), whereas Zerodha exchange transaction price for options is NSE Rs 5050 per Cr (0.0505%) | BSE Rs 500 per Cr (0.005%) (on premium).
Angel One | Zerodha | |
---|---|---|
Equity Delivery | NSE Rs 325 per Cr (0.00325%) | BSE Rs 325 per Cr (0.00325%) (each side) | NSE Rs 335 per Cr (0.00335%) | BSE Rs 375 per Cr (0.00375%) (each side) |
Equity Intraday | NSE Rs 325 per Cr (0.00325%) | BSE Rs 325 per Cr (0.00325%) (sell side) | NSE Rs 335 per Cr (0.00335%) | BSE Rs 375 per Cr (0.00375%) (sell side) |
Equity Futures | NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 | NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 |
Equity Options | NSE Rs 5000 per Cr (0.05%) | BSE Rs 500 per Cr (0.005%) (on premium) | NSE Rs 5050 per Cr (0.0505%) | BSE Rs 500 per Cr (0.005%) (on premium) |
Currency Futures | NSE Rs 90 per Cr (0.0009%) | BSE Rs 22 per Cr (0.00022%) | NSE Rs 90 per Cr (0.0009%) | BSE Rs 90 per Cr (0.0009%) |
Currency Options | NSE Rs 3500 per Cr (0.035%) | BSE Rs 100 per Cr (0.001%) (on premium) | NSE Rs 3500 per Cr (0.035%) | BSE Rs 100 per Cr (0.001%) (on premium) |
Commodity | MCX Rs 150 per Cr (0.0015%) | NCDEX Rs 300 per Cr (0.003%) | Group A - Rs 260 per Cr (0.0026%) |
Angel One Vs Zerodha Leverage (Margin)
Angel One margin for intraday trading is up to 20% of the trade value (5x leverage) depending on the stock, whereas the Zerodha margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
Angel One | Zerodha | |
---|---|---|
Equity Delivery | 100% of trade value (1x leverage) | 100% of trade value (1x leverage) |
Equity Intraday | Up to 20% of trade value (5x leverage) | Up to 20% of trade value (5x leverage) |
F&O (Eq, Curr, Comm) | 100% of NRML margin (Span + Exposure) (1x leverage) | 100% of NRML margin (Span + Exposure) (1x leverage) |
Compare Angel One and Zerodha Features
Angel One’s trading platforms include the Angel One App (Mobile), Angel Eye (Website), and Angel Speedpro (Trading Terminal). Kite Web, Kite Mobile for Android/iOS, and Coin trading software are all available from Zerodha.
Angel One | Zerodha | |
---|---|---|
3 in 1 Account | ||
Charting | ||
Automated Trading | ||
SMS Alerts | ||
Online Demo | ||
Online Portfolio | ||
Margin Trading Funding | ||
Margin Against Shares (Equity Cash) | ||
Margin Against Shares (Equity F&O) | ||
Trading Platform | Angel One App (Mobile), Angel Eye (Website), Angel Speedpro (Trading Terminal) | Kite Web, Kite Mobile for Android/iOS and Coin |
Intraday Square-off Time | 3:15 PM | Eq Cash: 3:15 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close |
Trading In SME Shares Allowed? | ||
Referral Program | ||
Other Features | Daily, weekly and monthly reports of Equity, F&O, Commodities and Currency | Direct Mutual Funds, APIs for Algo Trading |
Angel One Vs Zerodha Investment Options
Angel One | Zerodha | |
---|---|---|
Stock / Equity | ||
Commodity | ||
Currency | ||
IPO | ||
Mutual Funds | ||
Bond / NCD | ||
Debt |
Angel One Vs Zerodha Order Type Offered
Angel One | Zerodha | |
---|---|---|
Bracket Order | ||
Cover Order | ||
Buy Today Sell Tomorrow (BTST) | ||
Sell Today Buy Tomorrow (STBT) | ||
After Market Order(AMO) | ||
Good Till Cancelled (GTC) |
Angel One Vs Zerodha Research Report
Angel One | Zerodha | |
---|---|---|
Daily Market Report | ||
Free Tips | ||
Quarterly Result Analysis | ||
News Alerts |
Angel One Vs Zerodha Suitable For Investor Type
Angel One | Zerodha | |
---|---|---|
Casual Investor | ||
Active Investor | ||
Trader |
Angel One Pros & Cons
Pros
- Brokerage-free equity delivery trades.
- The brokerage of flat Rs 20 per trade in Intraday and F&O.
- Easy-to-use online trading platforms
- Free research reports and trading tips.
- Margin trading facility and securities as collateral are available.
- Do not charge for NEFT/fund transfers. (Others charge ~Rs 10 per).
- Only charges Rs 20 for intraday square-off and call & trade (others charge Rs 50).
- Free advisory/tips for stocks and mutual funds (Others do not).
- Local sub-broker/RM services even at a discount brokerage.
- Facility to call RM if there are issues (Other popular brokers always have busy lines).
Cons
- Margin funding is given to the customers without notice. This cases major confusion and customer paying hefty interest charges.
- Angel broking doesn't offer trading in SME share.
- Angel RM and sales team tries to cross sale other products and services.
- GTC/GTT order facility not available.
- Doesn't offer 3-in-1 account.
Zerodha Pros and Cons
Pros
- In terms of active clients and exchange volume, India's No. 1 broker.
- Safe, dependable, and India's most technologically advanced broker.
- Brokerage services with a single price across sectors and exchanges (BSE, NSE, MCX).
- Trades in free equity delivery. There are no brokerage fees for Cash-N-Carry orders.
- For all other categories, the brokerage fee is Rs 20 per trade.
- Excellent trading platforms (Kite) are freely available.
- Direct Mutual Fund Investing is one option.
- Orders for Good Till Triggered (GTT) are now available. These are comparable to GTC orders.
- There is an NRI trading account accessible.
Cons
- It does not offer stock recommendations, research, or advice.
- Call and Trade orders are charged an additional Rs 50 per order.
- Auto Square off is an additional Rs 50 per order.
- It does not provide a three-in-one account.
- There are no monthly unlimited trading subscriptions available.
- It does not provide a free AMC demat account.
- There is no margin money.
FAQs
Both brokers are SEBI-registered and provide investments in equity, foreign exchange, currency, and commodities. Angel One charges a maximum of Rs 20 every trade, whereas Zerodha charges a maximum of Rs 20 per trade. Both brokers work for Discount Brokers. Both brokers have the same overall rating of 4.5 out of 5 stars.
Yes, Zerodha is a legal Indian stock brokerage service. It is registered with SEBI, CDSL, and all major Indian stock markets. Zerodha, like other famous brokers, operates under SEBI and RBI laws.
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