About Angel One
Incorporated in 1987, Angel One is one of India’s largest full-service retail brokers offering online discount brokerage services. The company provides a wide range of investment and trading services, including:
- Stock and Commodity Broking
- Investment Advisory Services
- Margin Funding & Loans Against Shares
- Financial Products Distribution
With a strong offline presence, Angel One operates 110 branches, 11,000 trading terminals, and over 18,000 authorized partners in 1800+ cities.
About Zerodha
Founded in 2010, Zerodha is India’s largest and most reputed discount broker, offering flat-fee brokerage services for multiple investment segments, including:
- Equity, Currency & Commodity Trading
- IPO, Futures & Options, Bonds, Govt. Securities
- Direct Mutual Funds with Zero Brokerage
Zerodha follows a transparent pricing model, charging:
✅ ₹0 Brokerage for equity delivery and direct mutual funds
✅ Flat ₹20 or 0.03% (whichever is lower) per trade for intraday and F&O
Angel One Vs Zerodha – Key Differences
| Feature | Angel One | Zerodha |
|---|---|---|
| Type of Broker | Discount Broker | Discount Broker |
| Exchanges | BSE, NSE, MCX, NCDEX | NSE, BSE, MCX, NCDEX |
| Year of Incorporation | 1987 | 2010 |
| Number of Branches | 900+ | 22 |
Angel One Vs Zerodha – Charges & AMC
| Charges | Angel One | Zerodha |
|---|---|---|
| Trading Account Opening Charges | ₹0 (Free) | ₹0 (Free) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charges | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹240 | ₹300 |
Angel One Vs Zerodha – Brokerage Comparison
| Account Type | Angel One | Zerodha |
|---|---|---|
| Equity Delivery | ₹20 per executed order | ₹0 (Free) |
| Equity Intraday | ₹20 per executed order | ₹20 or 0.03% (whichever is lower) |
| Equity Futures | ₹20 per executed order | ₹20 or 0.03% (whichever is lower) |
| Equity Options | ₹20 per executed order | ₹20 per executed order |
| Commodity & Currency Trading | ₹20 per executed order | ₹20 or 0.03% (whichever is lower) |
💡 Special Offers:
✅ Angel One – Flat ₹20 for all trades, free tips & research reports
✅ Zerodha – ₹0 Brokerage on Equity Delivery & Mutual Funds
Angel One Vs Zerodha – Leverage (Margin)
| Segment | Angel One | Zerodha |
|---|---|---|
| Equity Delivery | 1x (100% of trade value) | 1x (100% of trade value) |
| Equity Intraday | Up to 5x | Up to 5x |
| F&O, Currency & Commodity | 1x | 1x |
Angel One Vs Zerodha – Trading Platforms
| Feature | Angel One | Zerodha |
|---|---|---|
| Trading Platforms | Angel One App, Angel Eye, Angel SpeedPro | Kite Web, Kite Mobile, Coin |
| Automated Trading | ✅ Yes | ✅ Yes |
| SMS Alerts | ✅ Yes | ❌ No |
| Portfolio Tracking | ✅ Yes | ❌ No |
| Referral Program | ✅ Yes | ✅ Yes |
Angel One Vs Zerodha – Pros & Cons
✅ Pros of Angel One
✔️ Flat ₹20 brokerage across segments
✔️ Free research reports & trading tips
✔️ Strong offline presence (900+ branches)
✔️ Margin trading & securities as collateral available
❌ Cons of Angel One
❌ Cross-selling of additional services
❌ No trading in SME shares
✅ Pros of Zerodha
✔️ India’s largest broker with top-rated technology
✔️ Zero brokerage on Equity Delivery & Mutual Funds
✔️ Flat ₹20 for all other trades
✔️ Best-in-class trading platform – Kite
✔️ Supports direct mutual fund investments
❌ Cons of Zerodha
❌ ₹50 per order for Call & Trade
❌ No stock research & advisory
❌ Does not offer a 3-in-1 account
Angel One Vs Zerodha – Which is Better?
| Investor Type | Best Broker |
|---|---|
| Casual Investor | ✅ Zerodha |
| Active Investor | ✅ Both |
| Trader | ✅ Both |
💡 Final Verdict
- Choose Angel One if you need research reports, an extensive offline presence, and personalized support.
- Choose Zerodha if you want zero brokerage on equity delivery, a superior trading platform, and lower costs for active trading.
👉 Which broker do you prefer? Let us know in the comments!
