Angel Broking Vs Zerodha (Compare Angel Broking and Zerodha)

Angel Broking Vs Zerodha

Incorporated in 1987, Angel Broking is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 900 branches across India. Incorporated in 2010, Zerodha is a Discount Broker. It offers trading at NSE, BSE, MCX and NCDEX. It has 22 branches across India.

	Angel Broking	Zerodha
Type of Broker	Full Service Broker	Discount Broker
Exchnage Membership	BSE, NSE, MCX, NCDEX	NSE, BSE, MCX and NCDEX
Year of Incorporation	1987	2010
Number of Branches	900	22
	Open Angel Broking Account	Open Zerodha Account

Angel Broking Vs Zerodha Charges & AMC

Angel Broking trading account opening charges is Rs 0 (Free) while Zerodha account opening changes is Rs 200. Angel Broking Demat Account AMC Charges is Rs 450 and Zerodha Demat Account AMC Charges is Rs 300.

	Angel Broking	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
Demat Account AMC Charges	Rs 450	Rs 300

Angel Broking Vs Zerodha Brokerage

Angel Broking brokerage charges for equity is Rs 0 (Free) and intraday is Flat Rs 20 per executed order whereas Zerodha brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or .03% whichever is lower.

	Angel Broking	Zerodha
Account Type	Angel iTrade PRIME	Flat Brokerage Plan
Fixed Charges
Equity Delivery	Rs 0 (Free)	Rs 0 (Free)
Equity Intraday	Flat Rs 20 per executed order	Rs 20 per executed order or .03% whichever is lower
Equity Futures	Flat Rs 20 per executed order	Rs 20 per executed order or .03% whichever is lower
Equity Options	Flat Rs 20 per executed order	Rs 20 per executed order
Currency Futures	Flat Rs 20 per executed order	Rs 20 per executed order or .03% whichever is lower
Currency Options	Flat Rs 20 per executed order	Rs 20 per executed order or .03% whichever is lower
Commodity Futures	Flat Rs 20 per executed order	Rs 20 per executed order or .03% whichever is lower
Commodity Options	Flat Rs 20 per executed order	Rs 20 per executed order or .03% whichever is lower
Special Offer	Special Offer: Brokerage free equity delivery trades, free tips and flat Rs 20 intraday and F&O trade brokerage. Open Instant Account and start trading today.	Special Offer: Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account online with Zerodha and start trading today.

Angel Broking 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 Broking Vs Zerodha Transaction Charges

Angel Broking transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 300 per Cr (0.003%) (on premium) while Zerodha exchange transaction charges for options is NSE Rs 5300 per Cr (0.053%) (on premium).

	Angel Broking	Zerodha
Equity Delivery	NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)	NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Intraday	NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)	NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Futures	NSE Rs 190 per Cr (0.0019%) | BSE Rs 300 per Cr (0.003%) (each side)	NSE Rs 200 per Cr (0.002%)
Equity Options	NSE Rs 5000 per Cr (0.05%) | BSE Rs 300 per Cr (0.003%) (on premium)	NSE Rs 5300 per Cr (0.053%) (on premium)
Currency Futures	Rs 190 per Cr (0.0019%)	NSE Rs 90 per Cr (0.0009%) | BSE Rs 22 per Cr (0.00022%)
Currency Options	NSE Rs 5000 per Cr (0.05%)(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%)
	Open Angel Broking Account	Open Zerodha Account

Angel Broking Vs Zerodha Leverage (Margin)

Angel Broking margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the Zerodha margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

	Angel Broking	Zerodha
Equity Delivery	1x (no margin)	1x (no margin)
Equity Intraday	Up to 6x (based on the stock)	Up to 6x (based on the stock)
Equity F&O	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
	Open Angel Broking Account	Open Zerodha Account

Compare Angel Broking and Zerodha Features

The trading platforms offered Angel Broking include Angel Broking App (Mobile), Angel Eye (Website), Angel Speedpro (Trading Terminal). Zerodha offers Kite Web, Kite Mobile for Android/iOS and Coin trading software.

	Angel Broking	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 Broking 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
Other Features	Daily, weekly and monthly reports of Equity, F&O, Commodities and Currency	Direct Mutual Funds, APIs for Algo Trading
Referral Program
	Open Angel Broking Account	Open Zerodha Account

Angel Broking Vs Zerodha Review

Angel Broking is rated 2.7 of 5 based on 235 customer reviews whereas Zerodha is rated 3.7 of 5 based on 432 customer reviews.

	Angel Broking	Zerodha
	235 Customer Reviews	432 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Angel Broking is rated 2.7 of 5 based on 235 customer reviews	Zerodha is rated 3.7 of 5 based on 432 customer reviews

Angel Broking Vs Zerodha Investment Options

	Angel Broking	Zerodha
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options

Angel Broking Vs Zerodha Order Type Offered

	Angel Broking	Zerodha
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
	Open Angel Broking Account	Open Zerodha Account

Angel Broking Vs Zerodha Research Report

	Angel Broking	Zerodha
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Angel Broking Vs Zerodha Suitable For Investor Type

	Angel Broking	Zerodha
Casual Investor
Active Investor
Trader

Angel Broking Vs Zerodha - Pros and Cons

	Angel Broking	Zerodha
Pros	Free equity delivery trades. No brokerage charges for Cash-N-Carry orders. Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX). Pay flat Rs 20 per executed order across segments including Equity Intraday, F&O, Currency and Commodity. 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.	India's No. 1 broker in terms of the number of active clients and exchange volume. Safe, reliable, and most technologically advance broker in India. Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX). Free equity delivery trades. No brokerage charges for Cash-N-Carry orders. Flat Rs 20 per trade brokerage for all other segments. Excellent trading platforms (Kite) available for free. Direct Mutual Fund Investment is available. Good Till Triggered (GTT) orders are available. These are similar to GTC orders. NRI Trading account is available.
Cons		It does not provide stock tips, research, and recommendations. Call & Trade is charged an extra Rs 50 per order. Auto Square off is charged at an extra Rs 50 per order. It does not offer a 3-in-1 account. It does not offer monthly unlimited trading plans. It does not offer an AMC Free Demat account. No margin funding.
Reviews
Promo / Offers	Discount Brokerage Plan (Flat Rate Pricing) Get a full-service trading account with discount broker pricing. Pay Rs 0 brokerage for equity delivery and flat Rs 20 brokerage for Intraday and F&O trades. Get high-quality research reports and personalized services for free. Open Instant Account and start trading in just a few minutes.	Free Equity Delivery Trading and Mutual Funds Brokerage-free Equity Delivery and flat Rs 20 per trade for Intraday & F&O + Brokerage-free Direct Mutual Fund investment + Trade with the best trading platform in India. This is a limited-time offer. Open Instant Zerodha Account online and start trading today.
	Open Angel Broking Account	Open Zerodha Account

1. 1. Which is best Angel Broking vs Zerodha?

   Angel Broking is a full-service broker offering both traditional as well as online discount brokerage plans. Being a full-service broker, it offers add-on services like research & recommendations, in-person assistance, Wealth Management etc.

   Zerodha is a discount stock broker offering online trading services. It has the best online trading software. It doesn't offer add-ons like research, in-person assistance or wealth management-related products.

   Angel Broking vs Zerodha Difference

   • Angel Broking is a full-service broker whereas Zerodha is an online discount broker. Read Discount Broker vs Full-Service Broker in India
   • Angel Broking offers a full range of trading and investment services- trading, research, mutual fund investments, NCDs, Bonds and IPOs etc. Zerodha doesn't offer research and investment services in NCDs, Bonds.
   • Angel Broking offers its services online as well as offline (branches and dealers) whereas Zerodha offers its services only online.
   • Angel Broking has a pan India presence with 110+ branch offices and 11,000 sub-brokers whereas Zerodha has a limited physical presence.
   • Angel Broking's trading account opening fees (Rs 600) and demat AMC (Rs 450) is higher than Zerodha that charges Rs 200 for account opening and Rs 300 for demat AMC.
   • Angel Broking is making rapid progress but Zerodha is the most technology focussed stock broking company in India.
   • Zerodha offers automated trading whereas Angel Broking doesn't.
   • Zerodha has much better self-serving and education awareness platforms than Angel Broking.

   Angel Broking vs Zerodha Similarities

   • Online trading services at BSE, NSE and MCX.
   • Brokerage free equity delivery trades.
   • Flat Rs 20 per trade brokerage for intraday and F&O.
   • Excellent trading platforms.
   • Invest in direct mutual funds.

   Conclusion

   Angel Broking is a good choice for beginners and those who need research advice & stock recommendations, desire branch office services and need trading assistance. Zerodha is suitable for experienced and tech-savvy investors.

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