Zerodha vs Angel Broking – Point by Point Comparison

Zerodha is an Indian flat free share broker. It trades in stock, commodity and currency broking. Angel group was incorporated in the year 1987, and over the past years has managed to find its place amongst the top three broking houses in India.

While Zerodha is a discount broker, angel broking is a full service broker.

Zerodha trades in NSE, BSE, MCX-SX and MCX while Angel Broking trades in BSE, NSE and MCX. Zerodha offers a standard plan account and Angel Broking offers an Angel Diet.

As far as the charges and costs are concerned, Zerodha charges Rs.300 and Angel Broking charges nothing as the trading account opening fees. While on the other hand the same is reversed for the trading accounts AMC. The demat account opening is charged Rs. 100 in Zerodha and nothing in Angel Broking.

Analysing the brokerages charges, we see that Zerodha charges nothing for the equity delivery brokerage while Angel charges 0.128% to 0.40%.  The currency futures trading brokerage is Rs. 20 in Zerodha which lies between 0.0128% – 0.04% for Angel Broking.

The features offered by both of them are similar. However 3-in-1 account feature isn’t offered by either of these.

Zerodha Angel Broking
Basic Information Type of Broker Discount Broker Full Service
Exchanges BSE, NSE, MCX-SX, MCX BSE, NSE, MCX, MCX-SX
Fees for Opening Trading Account Rs. 300 Rs. 600
Annual Maintenance Charges of Trading Account Nil Nil
Fees for Opening Demat Account Rs. 150 Nil
Annual Maintenance Charges of Demat Account Rs. 400 Rs. 300
Brokerage Charges Equity Delivery Charges 0.01% or Rs. 20 per executed order. Whichever is lower 0.1% to 0.4%
Equity Intraday Charges 0.01% or Rs. 20 per executed order. Whichever is lower 0.1% to 0.4%
Equity Future Charges 0.01% or Rs. 20 per executed order. Whichever is lower 0.1% to 0.4%
Equity Options Charges 0.01% or Rs. 20 per executed order. Whichever is lower Rs. 30 to Rs. 50 per lot
Currency Futures Charges 0.01% or Rs. 20 per executed order. Whichever is lower 0.1% to 0.4%
Currency Options Charges 0.01% or Rs. 20 per executed order. Whichever is lower Rs. 12 to Rs. 15 per lot
Commodity Charges 0.01% or Rs. 20 per executed order. Whichever is lower 0.1% to 0.4%
Minimum Brokerage Charges Nil Rs. 0.10 per share
Transaction Charges Equity Delivery For BSE: 0.00275%, for NSE: 0.00325% & for MCX-SX: 0.002% 0.00%
Equity Intraday For BSE: 0.00275%, for NSE: 0.00325% & for MCX-SX: 0.002% 0.00%
Equity Futures For BSE: 0.0007%, for NSE: 0.0021% & for MCX-SX: 0.0014% 0.00%
Equity Options For BSE: 0.0027%, for NSE: 0.053% & for MCX-SX: 0.027% on premium 0.05% on Premium
Currency Futures For NSE: 0.00135% & for MCX-SX: 0.0013% 0.00%
Currency Options For NSE: 0.044% & for MCX-SX: 0.037% 0.05% on Premium
Commodity 0.0031% (Non-Agri) & 0.00175% (Agri) For MCX: 0.0015%, for MCX-SX: 0.0001% & for NCDEX: 0.0030%
Features 3-in-1 Account N N
Mobile Trading Y Y
Acceptance of Orders After Trading Hours Y Y
SMS Alerts N Y
Online Demo Y Y
Online Portfolio N Y
Trading Platform Zerodha Trader, Z5 &Zerodha PI Angel Lite, Angel Swift, Angel Eye & Speed Pro
Investment Services Stock/ Equity Y Y
Commodity Y Y
Currency Y Y
IPO (Initial Public Offers) N Y
Mutual Funds N Y
Debt N Y
Bond/ NCD N Y
Customer Support 24/7 Customer Support N N
Email Y Y
Phone Y Y
Online Live Chat N Y
Branch Support N Y
Reports Daily  Market Report N Y
Quarterly Analysis of Results N Y

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