Zerodha
Discount BrokerAccount opening₹0
AMC₹300 + 18% GST per year
IntradayFlat ₹ 20 or 0.03% (whichever is lower)
Broker Comparison
Zerodha vs Angel One
Compare brokerage charges, account fees, trading platforms, products, MTF, advantages and limitations before choosing a broker.
Data verified: 2026-08-23
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
Zerodha vs Angel One: Quick comparison
Key charges and account features side by side.
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| Feature | Zerodha | Angel One |
|---|---|---|
| Broker type | Discount Broker | Discount / Full-Service Hybrid |
| Account Opening Charges | ₹0 | ₹0 |
| Annual Maintenance Charges | ₹300 + 18% GST per year | ₹60 + GST per quarter (Free for First Year) |
| Equity delivery | ₹0 brokerage | Flat Rs 20 or 0.1% (whichever is lower) |
| Equity intraday | Flat ₹ 20 or 0.03% (whichever is lower) | ₹20 or 0.1% per executed order, whichever is lower; minimum ₹5 |
| Futures | Flat ₹ 20 or 0.03% (whichever is lower) | ₹20 per executed order |
| Options | Flat ₹ 20 per executed order | ₹20 per executed order |
| Commodity | Flat ₹ 20 or 0.03% (whichever is lower) | ₹20 per executed order |
| Currency | Flat ₹ 20 or 0.03% (whichever is lower) | ₹20 per executed order |
| DP charges | ₹15.34 per scrip (₹3.5 CDSL fee + ₹9.5 Zerodha fee + ₹2.34 GST) | ₹20 + 18%GST |
| Auto Square Off | ₹50 plus 18% GST | Same as brokerage charges. No additional penalty |
| Call & trade Charge | ₹50 plus 18% GST | ₹20 / Order |
| Customer support | Yes, Official app/web help centre, ticket, email and/or phone support | Official app/web help centre, ticket, email and/or phone support. |
| Active Users | 6.8 million NSE-active clients as of May 2026 | 66.33 lakh active clients on the NSE as of June 2026 |
About Zerodha
Zerodha is one of India’s leading discount stockbrokers, offering online investing and trading in equities, currencies, commodities, IPOs, futures and options, bonds, government securities, and direct mutual funds.
It charges ₹0 brokerage on equity delivery and direct mutual fund investments. Equity intraday and futures trades are charged at ₹20 or 0.03% per executed order, whichever is lower, while options trades cost a flat ₹20 per executed order.
Zerodha is known for its low-cost pricing, transparent services, user-friendly Kite trading platform, and strong focus on technology and investor education.
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.
Trading Platforms & Tools
- Zerodha offers a modern trading and investment ecosystem through Kite Web and Mobile, Coin, Console, Kite Connect API, and Varsity. These platforms provide advanced charts, live market data, portfolio analytics, direct mutual fund investing, IPO applications, alerts, GTT orders, and educational resources.
Products Offered
- Zerodha offers a wide range of investment and trading products, including equity delivery, intraday trading, futures and options, commodities, currencies, ETFs, IPOs, direct mutual funds, bonds, and government securities. These products can be accessed through Zerodha’s online platforms, including Kite and Coin.
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.
Zerodha pros and cons
Pros
- ₹0 brokerage on equity delivery and direct mutual funds.
- Low flat brokerage for intraday and F&O trades.
- User-friendly Kite platform with advanced trading tools.
Cons
- No stock tips or advisory services.
- Call-and-trade and some additional services may incur extra charges.
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.
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
Zerodha
4.4/5
Angel One
4.4/5
Read complete broker reviews
Frequently asked questions
Is Zerodha a good stockbroker for beginners?
Yes, Zerodha is suitable for beginners because it offers a user-friendly Kite trading platform, educational resources through Varsity, and low brokerage charges.
What is the Zerodha account opening charge?
Zerodha currently offers free account opening for resident individual trading and demat accounts.
What brokerage does Zerodha charge?
Zerodha charges ₹0 brokerage on equity delivery. For equity intraday and futures, the charge is ₹20 or 0.03% per executed order, whichever is lower. Options trades are charged at ₹20 per executed order.
Does Zerodha charge an annual maintenance fee?
Yes, Zerodha charges an Account Maintenance Charge (AMC) of ₹300 per year plus 18% GST for standard resident individual accounts, though it is free for the first year. Instead of billing annually, Zerodha deducts this fee quarterly (every 91 days) directly from your trading balance.
Which trading platforms does Zerodha offer?
Zerodha offers Kite for trading and investing, Coin for direct mutual funds and other investments, and Console for portfolio reports and account statements.
Can I invest in mutual funds through Zerodha?
Yes, investors can use Zerodha Coin to invest in direct mutual funds without paying distributor commissions.
Does Zerodha provide stock tips or advisory services?
No, Zerodha does not provide stock tips, portfolio management, or personalised investment advisory services.
Is there any minimum balance requirement in Zerodha?
No, Zerodha does not require users to maintain a minimum account balance to keep their account active.
Can I apply for IPOs through Zerodha?
Yes, Zerodha users can apply for IPOs online through the Kite platform using a supported UPI ID.
Is Zerodha safe and SEBI registered?
Yes, Zerodha Broking Limited is registered with SEBI and is a member of major Indian stock exchanges, including NSE, BSE, and MCX. However, all stock market investments are subject to market risks.
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.