- Company Introduction
- Angel Broking vs Zerodha
- Difference between the account opening charges of angel broking vs Zerodha
- Broking charges of Angel broking vs Zerodha Comparison
- Angel Broking vs Zerodha Transaction Charges Comparison
- Angel Broking vs Zerodha Features
- Angel Broking Vs Zerodha Investment Options
- Pros and cons of the angel broking vs Zerodha
Angel Broking vs Zerodha are leading stock brokers in India, providing the best brokerage service to their clients. Angel broking was Incorporated in 1987 as a Discount Broker. The company offers trading at BSE, NSE, MCX, and NCDEX. The company has around 900 branches across India. On the other hand, Zerodha was incorporated in 2010 as a Discount Broker. The company offers trading at NSE, BSE, MCX, and NCDEX. Moreover, it has around 22 branches across India.
Zerodha vs Angel broking is the leading stock broker in India. Here is an insight of both the brokers.
The company was started in 1987 as one of the largest full-service retail brokers in India that offer online discount brokerage services. They have a wide range of investment and trading services to provide clients with, including stock and commodity broking. They also provide investment advisory services, margin funding, loans against shares, and financial products distribution. The company has a strong presence with 110 branches and 11,000 sub-broker offices in 1800+ cities in India.
Zerodha is well known for being India’s No. 1 best discount broker. They are the largest and the most popular broker that offers services to invest in Equity, Currency, Commodity, IPO, and Direct Mutual Funds. The company charges Rs 0 brokerage for equity delivery trades and direct mutual funds. On the other hand, for the intraday and F&O, it charges flat Rs 20 or 0.03% (whichever is lower) per trade. The maximum brokerage to be paid is Rs 20 for an order (of any size, amount, or segment).
Here is the differentiation of both the broking firms Zerodha vs Angel broking. The article covers all the differences from the difference between types to transaction charges.
|Type of Broker||Discount Broker||Discount Broker|
|Exchange Membership||BSE, NSE, MCX, NCDEX||NSE, BSE, MCX and NCDEX|
|Year of Incorporation||1987||2010|
|Number of Branches||900||22|
Angel Broking vs Zerodha
Here are all the charges related to the brokerage, account opening, and transaction charges of angel broking charges vs Zerodha.
Difference between the account opening charges of angel broking vs Zerodha
This session covers the differences between the account opening charges. Both the firms open free demat accounts for their clients; the differences lie in the trading account charges and the annual maintenance charges.
|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 240||Rs 300|
Broking charges of Angel broking vs Zerodha Comparison
Here are the broking charges of the two most renowned plans of the broking firm
|Account Type||Angel Broking Angel iTrade PRIME||Zerodha Flat Brokerage Plan|
|Equity Delivery||Rs 0 (Free)||Rs 0 (Free)|
|Equity Intraday||A flat fee of Rs 20 per executed order||Rs 20 per executed order or .03% whichever is lower|
|Equity Futures||Flat fee of Rs 20 per executed order||Rs 20 per executed order or .03% whichever is lower|
|Equity Options||Flat fee of Rs 20 per executed order||Rs 20 per executed order|
|Currency Futures||Flat fee of Rs 20 per executed order||Rs 20 per executed order or .03% whichever is lower|
|Currency Options||A flat fee of Rs 20 per executed order||Rs 20 per executed order or .03% whichever is lower|
|Commodity Futures||A flat fee of Rs 20 per executed order||Rs 20 per executed order or .03% whichever is lower|
|Commodity Options||A flat fee of Rs 20 per executed order||Rs 20 per executed order or .03% whichever is lower|
|Minimum Brokerage||Equity Rs 20 | F&O Rs 30||0.03% in Intraday and F&O|
|Other Charges||Physical contact 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 Comparison
Here is the difference between the angel broking charges vs Zerodha transaction fees. Angel Broking transaction charges for options is NSE Rs 5000 per Cr (0.05%) and BSE Rs 300 per Cr (0.003%) (on premium). On the other hand, the Zerodha exchange transaction charge for options is NSE Rs 5300 per Cr (0.053%) (on premium).
|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%)|
Angel Broking vs Zerodha Features
This segment covers the features which are offered by both platforms. Both the broking firms offer a platform for trading, and Angel Broking includes Angel Broking Mobile, Website, and Trading Terminal. On the other hand, Zerodha offers Kite Web, Kite Mobile for Android/iOS and Coin trading software.
|3 in 1 Account|
|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|
Angel Broking Vs Zerodha Investment Options
This segment covers the list of where you can invest through the stock brokers
|Stock / Equity|
|Bond / NCD|
Pros and cons of the angel broking vs Zerodha
Here are the pros and cons of the Angel Broking vs Zerodha
|Pros||You can easily go for the Free equity delivery trades. You don’t have to pay for Cash-N-Carry orders. You have to pay a flat fee for brokerage services across segments and exchanges (BSE, NSE, MCX). You just have to pay a flat Rs 20 per executed order across segments. The segments include Equity Intraday, F&O, Currency, and Commodity. Easily trade in commodity exchanges, MCX, and NCDEXSeamless online trading experience High-Quality Research Reports are provided by the experts. The platform available to trade is free and covers mobile, website, and trading terminals.||They are India’s No. 1 broker. This is in terms of the number of active clients and exchange volume. The platform is safe, reliable, and technologically advanced. It offers simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX). It also offers free equity delivery trades. Zero brokerage charges for the Cash-N-Carry orders. The brokerage is Flat at Rs 20 per trade for all other segments. It offers some Excellent trading platforms (Kite) that are available for free. You can also invest in the Direct Mutual Fund. You can place Good Till Triggered (GTT) orders. This is similar to GTC orders. The trading account for NRI is available.|
|Cons||The company doesn’t provide stock tips, research, and recommendations. For the Call & Trade option, they charge an extra Rs 50 per order. If the order is Auto Square off it is charged at an extra Rs 50 per order. The company doesn’t offer a 3-in-1 account. There are no monthly unlimited trading plans.AMC free demat account not available. There is No margin funding available.|
Note – Angel Broking is Now Angelone
Conclusion – Angel Broking vs Zerodha
In conclusion, this article covers the difference between Angel broking vs Zerodha. Both the companies are the leading brokers in the stock market, and Zerodha and angel broking are leading discount brokers providing the best services to their clients. You can easily open an account with both the firms or contact a sub-broker.