Angel Broking Vs Zerodha Share Broker Comparison
The side-by-side comparison of Angel Broking Ltd and Zerodha stock brokers in India. The comparison below highlights the similarities and differences between Angel Broking and Zerodha's brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among Angel Broking and Zerodha.
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Angel Broking Ltd |
Zerodha |
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| About the Broker |
Incorporated in 1987, Angel Broking is one of the largest full-service retail brokers in India. The company offers a wide range of investment and trading services including stock and commodity broking, investment advisory services, margin funding, lo...  |
Zerodha is a Bangalore, India based Flat Fee Share Broker (Also known as Budget Broker / Discount Broker / Pay Per Order Brokerage Company) for trading in Stock, Commodity and Currency Derivative. It charges a brokerage of 0.01% or Rs 20 per executed... |
Type of Broker
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Full Service Broker |
Discount Broker |
| Supported Exchnage
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BSE, NSE, MCX, NCDEX |
NSE, BSE, MCX and NCDEX |
| Account Type
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Angel iTrade |
Standard Plan |
| Broker Enquiry |
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Stock Broker Fees / Charges
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Angel Broking Ltd |
Zerodha |
| Trading Account Opening Fees
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₹699 |
₹300 |
| Trading Account AMC
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₹0 |
₹0 (Free) |
| Demat Account Opening Fees
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₹0 |
₹100 |
| Demat Account AMC
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₹450 (from 2nd year onwards) |
₹300 |
| Demat Account is Mandatory?
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No |
No |
Trading Brokerage Charges
Brokerage Plan 1
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Angel Broking Ltd |
Zerodha |
| Account Type |
Angel iTrade |
Standard Plan |
| Fixed Charges
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| Equity Delivery Brokerage
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₹15/trade (<₹50k order) | ₹30/trade (>₹50k order) |
₹0 (Free) |
| Equity Intraday Brokerage
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₹15/trade (<₹50k order) | ₹30/trade (>₹50k order) |
₹20 per executed order or .01% whichever is lower |
| Equity Futures Brokerage
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Flat ₹30 per executed order |
₹20 per executed order or .01% whichever is lower |
| Equity Options Brokerage
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Flat ₹30 per executed order |
₹20 per executed order or .01% whichever is lower |
| Currency Futures Trading Brokerage
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Flat ₹30 per executed order |
₹20 per executed order or .01% whichever is lower |
| Currency Options Trading Brokerage
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Flat ₹30 per executed order |
₹20 per executed order or .01% whichever is lower |
| Commodity Futures Trading Brokerage
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Flat ₹30 per executed order |
₹20 per executed order or .01% whichever is lower |
| Commodity Options Trading Brokerage
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Flat ₹30 per executed order |
₹20 per executed order or .01% whichever is lower |
Other Charges
| Minimum Brokerage Charges
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Equity ₹15 | F&O ₹30 |
₹0 |
| Other Brokerage Charges
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Physical contact notes: ₹20, Trade SMS Alerts: ₹1 per SMS |
| Call & Trade Charges
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Additional ₹20 per executed order |
₹20 per executed order |
Taxes
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Angel Broking Ltd |
Zerodha |
| Securities Transaction Tax (STT)
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- Equity Intraday: 0.025% (on Sell trade)
- Equity Delivery: 0.1% (on Buy and Sell)
- Equity Futures: 0.01% (on Sell trade)
- Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
- Currency Futures: Nil
- Currency Options: Nil
- Commodities: 0.01% on sell side (Non-Agri)
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- Equity Intraday: 0.025% (on Sell trade)
- Equity Delivery: 0.1% (on Buy and Sell)
- Equity Futures: 0.01% (on Sell trade)
- Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
- Currency Futures: Nil
- Currency Options: Nil
- Commodities: 0.01% on sell side (Non-Agri)
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| Exchange Transaction Charges
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Check table below |
Check table below |
| SEBI Charges
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Rs 15 per Crore |
Rs 15 per Crore |
| Goods and Services Tax (GST)
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18% on (brokerage + transaction charges) |
18% on (brokerage + transaction charges) |
| Stamp Duty
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Charged as per the state of the client's correspondence address. |
Charged as per the state of the client's correspondence address. |
Transaction Charges
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Angel Broking Ltd |
Zerodha |
| Equity Delivery
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NSE ₹325 per crore | BSE ₹325 per crore |
NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side) |
| Equity Intraday
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NSE ₹325 per crore | BSE ₹325 per crore |
NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side) |
| Equity Futures
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₹190 per crore |
NSE ₹190 per Cr (0.0019%) | BSE ₹300 per Cr (0.003%) (each side) |
| Equity Options
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₹5000 (on premium) per crore |
NSE ₹5000 per Cr (0.05%) | BSE ₹300 per Cr (0.003%) (on premium) |
| Currency Futures
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₹190 per crore |
NSE ₹90 per Cr (0.0009%) | BSE ₹22 per Cr (0.00022%) |
| Currency Options
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₹5000 (on premium) per crore |
NSE ₹4000 per Cr (0.04%) | BSE ₹100 per Cr (0.001%) (on premium) |
| Commodity
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MCX ₹150 per crore | NCDEX ₹300 per crore |
Group A - ₹260 per Cr (0.0026%) |
Exposure
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Angel Broking Ltd |
Zerodha |
| Equity Delivery
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Up to 8 times exposure for majority of the stocks |
1x (no margin) |
| Equity Intraday
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48 times exposure for approved stocks |
Up to 20x (based on the stock) |
| Equity Futures
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Delivery: 20x for Index and 10x for stock | Intraday 60x for selected contracts |
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Equity Options
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Delivery: 1x | Intraday: 6x for Option buy and 60x for sell for selected contracts |
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Currency Futures
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Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Currency Options
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Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Commodity
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Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span |
Share Broker Features
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Angel Broking Ltd |
Zerodha |
| 3 in 1 Account
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| Charting
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| Automated Trading
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| SMS Alerts
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| Online Demo
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| Online Portfolio
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| Margin Trading Funding Available
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| Margin Against Shares (Equity Cash)
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| Margin Against Shares (Equity F&O)
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| Trading Platform
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Angel Broking App (Mobile), Angel Broking Trade (Website), Angel Speedpro (Trading Terminal) |
Kite Web, Kite Android/iOS, Pi, Coin |
| Intraday Square-off Time
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3:15 PM |
3:10 PM |
| Other Features
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Direct Mutual Funds |
Broker Ratings (Average User Rating)
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Angel Broking Ltd |
Zerodha |
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172 Customer Reviews  |
329 Customer Reviews |
| Fees Ratings |
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| Trading Brokerage Rating |
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| Trading Platform Usability |
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| Customer Service Ratings |
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| Overall Ratings |
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| Broker Rating |
Angel Broking is Rated 2.9 / 5 based on 172 customer reviews |
Zerodha is Rated 3.8 / 5 based on 329 customer reviews |
Contact Broker / Request A Call Back
Investment Options Available
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Angel Broking Ltd |
Zerodha |
| Stock / Equity
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| Commodity
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| Currency
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| Initial Public Offers (IPO)
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| Mutual Funds
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| Bond / NCD
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| Debt
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| Other Investment Options
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Customer Service Offered
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Angel Broking Ltd |
Zerodha |
| 24/7 Customer Service
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| Onine Live Chat
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| Through Branches
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Order Type
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Angel Broking Ltd |
Zerodha |
| Bracket Order
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| Cover Order
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| Buy Today Sell Tomorrow (BTST)
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| Sell Today Buy Tomorrow (STBT)
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| After Market Order(AMO)
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| Good Till Cancelled (GTC)
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Research / Tips / Reports Published
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Angel Broking Ltd |
Zerodha |
| Daily Market Report
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| Free Tips
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| Quarterly Result Analysis
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| News Alerts
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Suitable for Investor Category
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Angel Broking Ltd |
Zerodha |
| Casual Investor
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| Active Investor
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| Trader
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Pros, Cons and Other Review Comments
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Angel Broking Ltd |
Zerodha |
| Pros
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- Flat fee discount brokerage plan. Pay maximum of ₹30 per executed order.
- Allows trade in commodity exchanges, MCX and NCDEX
- Easy-to-use online trading platforms
- High Quality Research Reports
- Free trading software - mobile, website and trading terminal.
More Advantages... |
- Free equity delivery trades. No brokerage charges for Cash-N-Carry orders.
- Excellent trading platforms made available for free to all its customers.
- Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX).
- Brokerage is 0.01% or Rs 20 per executed order, whichever is lower for Intraday, F&O and Currency Derivatives. No hidden charges.
- 10% referral credit for reffering new customers.
- Direct Mutual Fund Investment is available.
- Over 7L+ customers and 8% of daily volume at BSE, NSE and MCX.
More Advantages... |
| Cons
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More Disadvantages... |
- Doesn't provide stock tips, research reports or recommendations.
- Call & Trade is charged at extra Rs 20 order.
- Doesn't provide options to invest in IPO, Bond and NCD's public offers.
- Margin funding is not available.
- GTC/GTD not available in Equity.
More Disadvantages... |
| Reviews
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Useful Articles about Zerodha:
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| Promo / Offers
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Discount Brokerage Trading Plan (Flat Rate Pricing)
Get full-service brokerage services with discount broker's pricing. Pay flat ₹15 to ₹30 per executed order and save over 60% brokerage (in comparison to other full-service brokers). Get high-quality research reports and personalized services for free. Request a callback today. |
Truly free equity delivery trading
Get free equity delivery trading (truly no brokerage) and pay flat ₹20 intranet and F&O trade brokerage. To open an account with Zerodha, simply leave your contact information with us and Zerodha representatives will call you.
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Enquire about Angel Broking
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Enquire about Zerodha
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Zerodha
Zero Account Opening Fee