Angel One
Discount / Full-Service HybridAccount opening₹0
AMC₹60 + GST per quarter (Free for First Year)
Intraday₹20 or 0.1% per executed order, whichever is lower; minimum ₹5
Broker Comparison
Angel One vs Kotak Neo
Compare brokerage charges, account fees, trading platforms, products, MTF, advantages and limitations before choosing a broker.
Data verified: 2026-08-23
Kotak Neo
Bank BrokerAccount opening₹99 under Trade Free Youth plan
AMC₹0, For BSDA account with holding ₹4L
IntradayLower of ₹10 or 0.05% under Trade Free Youth
Angel One vs Kotak Neo: Quick comparison
Key charges and account features side by side.
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| Feature | Angel One | Kotak Neo |
|---|---|---|
| Broker type | Discount / Full-Service Hybrid | Bank Broker |
| Account opening | ₹0 | ₹99 under Trade Free Youth plan |
| Annual maintenance | ₹60 + GST per quarter (Free for First Year) | ₹0, For BSDA account with holding ₹4L |
| Equity delivery | Flat Rs 20 or 0.1% (whichever is lower) | ₹0 (Free) under Trade Free Youth |
| Equity intraday | ₹20 or 0.1% per executed order, whichever is lower; minimum ₹5 | Lower of ₹10 or 0.05% under Trade Free Youth |
| Futures | ₹20 per executed order | ₹10 per executed order under Trade Free Youth |
| Options | ₹20 per executed order | ₹10 per executed order under Trade Free Youth |
| Commodity | ₹20 per executed order | ₹0 (Completely Free) under Trade Free Youth |
| Currency | ₹20 per executed order | ₹10 per executed order under Trade Free Youth |
| DP charges | ₹20 + 18%GST | ₹20 + GST |
| Auto Square Off | Same as brokerage charges. No additional penalty | ₹50 + 18% GST |
| Call & trade | ₹20 / Order | ₹70 + 18% GST per executed order |
| Customer support | Official app/web help centre, ticket, email and/or phone support. | Official app/web help centre, ticket, email and/or phone support. |
| Active Users | 66.33 lakh active clients on the NSE as of June 2026 | As of June 2026, Kotak Neo had approximately 1.4 million active clients. |
About Angel One
Angel One is one of India’s leading retail stockbrokers, offering online trading and investment services. The company provides access to equities, commodities, currencies, futures and options, IPOs, mutual funds and other financial products through its digital platforms.
Angel One offers a unified trading app with advanced charts, portfolio tracking, research tools and multiple order options. Its wide network and digital account-opening process make the platform suitable for both new investors and active traders.
Under the Angel iTrade PRIME plan, equity delivery trades are brokerage-free, while intraday, futures, options, currency and commodity trades are charged at a flat rate of up to ₹20 per executed order. Angel One combines full-service features with competitive discount brokerage charges.
About Kotak Neo
Kotak Neo is a full-service stockbroking platform operated by Kotak Securities, which was incorporated in 1994. It is a subsidiary of Kotak Mahindra Bank and offers a convenient 3-in-1 account combining banking, trading, and Demat services.
The platform allows investors to trade and invest in equities, equity derivatives, commodities, currencies, mutual funds, and selected US stocks. It also provides research support, margin trading facilities, depository services, insurance products, and other investment solutions.
Kotak Securities has an extensive offline presence with more than 145 branches and around 1,000 franchise locations across over 310 Indian cities. Since Kotak Neo is primarily a digital-first platform, physical documentation and branch-level account support are generally handled through designated Kotak Securities branches.
Trading Platforms & Tools
- Angel One offers multiple trading platforms and tools, including the Angel One mobile app, web trading platform and SmartAPI. These platforms provide advanced charts, technical indicators, watchlists, price alerts, basket orders, GTT orders, portfolio tracking and research insights to support both investors and active traders.
Products Offered
- Angel One offers a wide range of trading and investment products, including equity delivery, intraday trading, futures and options, commodities, currencies, mutual funds, IPOs, ETFs, bonds and other fixed-income products. It also provides margin trading facilities, SmartAPI and algorithmic trading services for active traders and developers.
Trading Platforms & Tools
- Kotak Neo offers a mobile app, web trading platform, and Trade API. Key tools include TradingView charts, basket orders, option-chain analytics, MTF, smart orders, GTT, and real-time portfolio tracking.
Products Offered
- Kotak Neo offers equities, IPOs, mutual funds, ETFs, bonds, commodities, currencies, futures and options, margin trading, insurance products, and access to selected US stocks.
Angel One pros and cons
Pros
- Zero Account Opening Fee: Open a Demat and trading account without upfront charges.
- Low Brokerage: ₹0 equity delivery brokerage and flat ₹20 per executed order for intraday and F&O.
- Research & Support: Access to research insights, advisory tools, and customer support.
Cons
- Cluttered Interface: Frequent notifications and prompts may feel overwhelming for beginners.
- Annual Maintenance Charges: Demat AMC may apply after the introductory or free period.
Kotak Neo pros and cons
Pros
- 3-in-1 bank, trading, and Demat account.
- Advanced trading platforms and tools.
- Wide range of investment products.
Cons
- Pricing plans may feel confusing.
- Some services carry extra charges.
Which broker should you choose?
Choose based on the segment you trade, total account cost, platform requirements, research needs and support preference. Verify the latest tariff and product availability on the brokers’ official websites before opening an account.
Broker Rating
Angel One
4.4/5
Kotak Neo
4.4/5
Read complete broker reviews
Frequently asked questions
Is Angel One safe for trading and investing?
Angel One is a SEBI-registered stockbroker and provides Demat and trading services in India. However, investments remain subject to market risks.
Is Angel One suitable for beginners?
Yes, Angel One offers a user-friendly app, educational resources, research tools and a digital account-opening process suitable for new investors.
What are Angel One’s brokerage charges?
Angel One charges the lower of ₹20 or 0.1% per executed order for equity delivery and intraday trades, subject to a minimum brokerage of ₹5. F&O trades generally cost ₹20 per executed order.
Is Angel One Demat account opening free?
Yes, Angel One currently offers online Demat and trading account opening at ₹0.
Does Angel One charge annual maintenance fees?
Angel One offers zero account maintenance charges for the first year. AMC may apply quarterly from the second year onward.
Can I invest in mutual funds through Angel One?
Yes, users can invest in mutual funds, equities, IPOs, ETFs and other investment products through the Angel One platform.
Does Angel One provide a GTT order facility?
Yes, Angel One allows users to place GTT orders through its trading platform.
Does Angel One offer margin trading?
Yes, Angel One provides a Margin Trading Facility that allows eligible users to purchase shares by paying a portion of the total trade value. Interest and other charges may apply.
Does Angel One support API and algo trading?
Yes, Angel One provides SmartAPI for automated trading, order execution, live market data and portfolio monitoring.
Can I close my Angel One account online?
Yes, users can submit an online account-closure request. Angel One states that account closure may take up to three working days after all requirements are completed.
What is Kotak Neo?
Kotak Neo is an online investment and trading platform operated by Kotak Securities Limited.
Is Kotak Neo a SEBI-registered broker?
Yes, Kotak Securities Limited is a SEBI-registered stockbroker and depository participant.
What are the Kotak Neo account-opening charges?
Account opening is free under the standard Trade Free Plan. Charges may differ for other plans.
What is the brokerage charged by Kotak Neo?
Under the Trade Free Plan, equity intraday costs ₹10 or 0.05% per executed order, whichever is lower, while F&O trades cost ₹10 per executed order.
Does Kotak Neo offer zero brokerage?
Yes. Selected plans provide zero brokerage for the first 30 days and zero brokerage on Trade API orders. Terms depend on the chosen plan.
Does Kotak Neo offer a 3-in-1 account?
Yes, customers can combine a Kotak bank account with Kotak Securities trading and Demat accounts.
Which investment products are available on Kotak Neo?
Kotak Neo provides access to stocks, IPOs, mutual funds, ETFs, bonds, commodities, currencies, futures and options.
Does Kotak Neo have a mobile trading app?
Yes, the Kotak Neo app is available for mobile trading, portfolio tracking, research and order placement.
Does Kotak Neo provide an API for algo trading?
Yes, Kotak Neo offers Trade APIs for automated and algorithmic trading strategies.
What documents are required to open a Kotak Neo account?
Applicants generally need a PAN card, Aadhaar card, mobile number, email address, bank details and completed e-KYC verification.