Angel Broking Vs Zerodha Comparison

angel broking vs zerodha image

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. 

Company Introduction 

Zerodha vs Angel broking is the leading stock broker in India. Here is an insight of both the brokers. 

Angel Broking

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

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. 

 SegmentsAngel BrokingZerodha
Type of BrokerDiscount BrokerDiscount Broker
Exchange MembershipBSE, NSE, MCX, NCDEXNSE, BSE, MCX and NCDEX
Year of Incorporation19872010
Number of Branches90022

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. 

 Angel BrokingZerodha
Trading Account Opening ChargesRs 0 (Free)Rs 200
Trading Account AMC ChargesRs 0 (Free)Rs 0 (Free)
Demat Account Opening ChargesRs 0 (Free)Rs 0
Demat Account AMC ChargesRs 240Rs 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 TypeAngel Broking Angel iTrade PRIMEZerodha Flat Brokerage Plan
Equity DeliveryRs 0 (Free)Rs 0 (Free)
Equity IntradayA flat fee of Rs 20 per executed orderRs 20 per executed order or .03% whichever is lower
Equity FuturesFlat fee of Rs 20 per executed orderRs 20 per executed order or .03% whichever is lower
Equity OptionsFlat fee of Rs 20 per executed orderRs 20 per executed order
Currency FuturesFlat fee of Rs 20 per executed orderRs 20 per executed order or .03% whichever is lower
Currency OptionsA flat fee of Rs 20 per executed orderRs 20 per executed order or .03% whichever is lower
Commodity FuturesA flat fee of Rs 20 per executed orderRs 20 per executed order or .03% whichever is lower
Commodity OptionsA flat fee of Rs 20 per executed orderRs 20 per executed order or .03% whichever is lower
Minimum BrokerageEquity Rs 20 | F&O Rs 300.03% in Intraday and F&O
Other Charges Physical contact Rs 20, Trade SMS Alerts: Rs 1 per SMS
Call & Trade ChargesAdditional Rs 20 per executed orderRs 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).

 Angel BrokingZerodha
Equity DeliveryNSE 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 IntradayNSE 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 FuturesNSE Rs 190 per Cr (0.0019%) | BSE Rs 300 per Cr (0.003%) (each side)NSE Rs 200 per Cr (0.002%)
Equity OptionsNSE 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 FuturesRs 190 per Cr (0.0019%)NSE Rs 90 per Cr (0.0009%) | BSE Rs 22 per Cr (0.00022%)
Currency OptionsNSE Rs 5000 per Cr (0.05%)(on premium)NSE Rs 3500 per Cr (0.035%) | BSE Rs 100 per Cr (0.001%) (on premium)
CommodityMCX 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.

 Angel BrokingZerodha
3 in 1 Account NoNo
Charting YesYes
Automated Trading YesYes
SMS Alerts YesNo
Online Demo YesYes
Online Portfolio YesNo
Margin Trading Funding YesNo
Margin Against Shares (Equity Cash) YesYes
Margin Against Shares (Equity F&O) YesYes
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 PMEq 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 CurrencyDirect Mutual Funds, APIs for Algo Trading
Referral Program YesYes

Angel Broking Vs Zerodha Investment Options

This segment covers the list of where you can invest through the stock brokers

 Angel BrokingZerodha
Stock / Equity YesYes
Commodity YesYes
Currency YesYes
IPO YesYes
Mutual Funds YesYes
Bond / NCD YesNo
Debt YesNo

Pros and cons of the angel broking vs Zerodha

Here are the pros and cons of the Angel Broking vs Zerodha

 Angel BrokingZerodha
ProsYou 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. 

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