Which is best Angel Broking vs Zerodha?

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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.