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Zerodha vs Angel One Comparison Which is the Best Broker in 2023

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Zerodha vs Angel One Comparison
Zerodha vs Angel One Comparison

Zerodha vs Angel One Comparison Which is Best Broker 2022

Investing in the stock market now becomes so easy. People can easily get access to the market through the online best discount brokers. The online brokers give discounts on the brokerage and the trading process provided by them is very easy. Any one one can easily invest through these brokers. In India, in 2022 there are many online brokers who are providing the facility of trading. One is Zerodha and another is Angel One. These two brokers are the top two broker in India.

You may be finding which is the best broker comparing between these two. So in this article I will analyze and compare among these two brokers.

Zerodha

Zerodha vs Angel One Comparison

Zerodha is India’s no 1 broker. It provides the trading platform with flat brokerage fees. Zerodha is a discount broker. It is the leading broking service right now. As of 2022 Zerodha has over 6 million active clients.

Zerodha charges zero brokerage for equity delivery and for intraday and F&O, it charges flat 20 RS. or 0.03% per order. Which is lower. Using Zerodha the maximum charges for brokerage you pay for any transaction is flat 20 RS. for an order, of any size, amount or any segment.

You can open a Demat account in Zerodha.

Zerodha Services

  • Discount Broker
  • Equity Delivery
  • Mutual Funds
  • Commodity
  • Currency Exchange
  • IPO

Zerodha Charges

EQUITY Charges

ZERODHA
CHARGES
EQUITY
DELIVERY
EQUITY
INTRADAY
EQUITY
FUTURES
EQUITY
OPTIONS
BrokerageZERO brokerage0.03% or Rs. 20/executed order whichever is lower0.03% or Rs. 20/executed order whichever is lowerFlat Rs. 20 per executed order ( SELL & BUY )
STT/CTT0.1% on buy & sell0.025% on the sell side0.01% on sell side0.05% on sell side (on premium)
Transaction
Charges
NSE: 0.00345%
BSE: 0.00345%
NSE: 0.00345%
BSE: 0.00345%
NSE: 0.002%
NSE: 0.053% (on premium)
GST18% on (brokerage + SEBI charges + transaction charges)18% on (brokerage + SEBI charges + transaction charges)18% on (brokerage + SEBI charges + transaction charges)18% on (brokerage + SEBI charges + transaction charges)
SEBI
Charges
₹10 / crore + GST₹10 / crore + GST
₹10 / crore + GST
₹10 / crore + GST
Stamp
Charges
0.015% or ₹1500 / crore on buy side0.003% or ₹300 / crore on buy side0.002% or ₹200 / crore on buy side0.003% or ₹300 / crore on buy side
ZERODHA CHARGES

Currency Charges

Zerodha chargesCurrency futuresCurrency options
Brokerage0.03% or Rs. 20/executed order whichever is lower0.03% or Rs. 20/executed order whichever is lower
STT/CTTNo STTNo STT
Transaction chargesNSE:
Exchange txn charge: 0.0009%
BSE:
Exchange txn charge: 0.00022%
NSE:
Exchange txn charge: 0.035%
BSE:
Exchange txn charge: 0.001%
GST18% on (brokerage + transaction charges)18% on (brokerage + transaction charges)
SEBI charges₹10 / crore + GST₹10 / crore + GST
Stamp charges0.0001% or ₹10 / crore on buy side0.0001% or ₹10 / crore on buy side
ZERODHA CHARGES

Commodity Charges

Zerodha chargesCommodity futuresCommodity options
Brokerage0.03% or Rs. 20/executed order whichever is lower0.03% or Rs. 20/executed order whichever is lower
STT/CTT0.01% on sell side (Non-Agri)0.05% on sell side
Transaction chargesGroup A
Exchange txn charge: 0.0026%
Group B:
Exchange txn charge:
CASTORSEED – 0.0005%
KAPAS – 0.0026%
PEPPER – 0.00005%
RBDPMOLEIN – 0.001%
Exchange transaction charge: 0.05%
GST18% on (brokerage + transaction charges)18% on (brokerage + transaction charges)
SEBI chargesAgri:
₹1 / crore + GST
Non-agri:
₹10 / crore + GST
₹10 / crore + GST
Stamp charges0.002% or ₹200 / crore on buy side0.003% or ₹300 / crore on buy side
ZERODHA CHARGES

Source: zerodha.com

ANGEL ONE

Zerodha vs Angel One Comparison

Angel one is India’s no 1 broker. Previously known as Angel Broking. It provides the trading platform with flat brokerage fees. Angel one is a discount broker and full-time retail broker. It is the leading broking service right now. As of 2022 Angel one has over 10 million active clients.

Angel one (Angel Broking) charges zero brokerage for equity delivery and for intraday and F&O, it charges flat 20 RS. or 0.03% per order. Which is lower. Using Angel one of the maximum charges for brokerage you pay for any transaction is a flat 20 RS. for an order, of any size, amount or any segment. It has offline branches across the country. Almost 120 branches and 11,000 sub brokers spread.

Angel one has a strong online service facilities to the customers. It has a good customer service and advanced software technology. Angel one is the first largest full time broker that gives discount on brokerage.

Angel One Charges

EQUITY Charges

Angel One chargesEquity DeliveryEquity IntradayEquity FuturesEquity Options
BrokerageZero brokerage₹ 20 / executed order or 0.25% (whichever is lower)₹ 20 / executed order or 0.25% (whichever is lower)₹ 20 / executed order or 0.25% (whichever is lower)
STT0.1% on both buy & sell.0.025% only on sell.0.01% only on sell.0.05% only on sell (On Premium)
Transaction ChargesNSE: 0.00335% on Turnover
Value (Buy & Sell)
# NSE: 0.00275% on Turnover Value (Buy & Sell)
BSE: charges vary as per
the scrip group*
NSE: 0.00335% on Turnover
Value (Buy & Sell)
# NSE: 0.00275% on Turnover Value (Buy & Sell)
BSE: charges vary as per
the scrip group*
NSE: 0.00195% on total turnover valueNSE: 0.053% on premium value
Demat transaction / DP charges₹ 20 / scrip only on sell.No chargesNo chargesNo charges
GST18% (On Brokerage, DP, Transaction, SEBI charges)18% (On Brokerage, Transaction, SEBI charges)18% (On Brokerage, Transaction, SEBI charges)18% (On Brokerage, Transaction, SEBI charges)
SEBI Charges₹ 10 / crore₹ 10 / crore₹ 10 / crore₹ 10 / crore
Stamp duty charges0.015% Of Turnover Value (Buyer)0.003% Of Turnover Value (Buyer)0.002% Of Turnover Value (Buyer)0.003% On Premium value (Buyer)
Angel One Charges

Currency Charges

Angel One chargesCurrency FuturesCurrency Options
Brokerage₹ 20 per executed order or 0.25% (whichever is lower)₹ 20 per executed order or 0.25% (whichever is lower)
STTNo STTNo STT
Transaction ChargesNSE: 0.0009% On Futures Turnover value
BSE: 0.00022% On Futures Turnover value
NSE: 0.035 % and
BSE: 0.001% on Options Premium value
GST18% (On Brokerage, Transaction, SEBI charges)18% (On Brokerage, Transaction, SEBI charges)
SEBI Charges₹ 10 / crore₹ 10 / crore
Stamp duty charges0.0001% on Total turnover value (Buyer)0.003% On Premium value (Buyer)
Angel One Charges

Commodity Charges

Angel One chargesCommodity FuturesCommodity Options
Brokerage₹ 20 per executed order or 0.25% (whichever is lower)₹ 20 per executed order or 0.25% (whichever is lower)
CTT0.01% only on sell side Non-Agri0.05% only on sell side
Transaction ChargesNon-Agri:
0.00210% On Turnover For A Category (Near & Next Month TO )
0.0013% On Turnover For A Category (FAR Month TO)
0.00175% On Turnover For B Category

Agri:
0.006% On Turnover For A Category
0.002% On Turnover For B Category
0.0001% On Turnover For C Category

Special charges for following scrips:
0.0005% on Turnover for CASTORSEED
0.0005% on Turnover for KAPAS
0.00005% on Turnover for PEPPER
0.001% on Turnover for RBDPMOLEIN
0.05% on Premium Value
Risk Management feeAgri:
0.005% Of On Fresh Overnight Open Interest Position
NA
GST18% (On Brokerage, Transaction charges, Risk management fee, SEBI Charges)18% (On Brokerage, SEBI charges)
SEBI Charges₹ 10 / crore₹ 10 / crore
Stamp duty charges0.002% On Turnover Value (Buyer)0.003% On Turnover Value (Buyer)
Angel One Charges

Other Charges

Nature Of ChargesRate
Account Maintenance ChargesNon-BSDA Clients ₹ 20 + Tax / month
For BSDA (Basic Services Demat Account) Clients:
– Holding Value Less Than 50,000 : NIL
– Holding Value Between 50,000 To 2,00,000 : ₹ 100 + Tax / Year
Call & Trade₹ 20 / Order
Square off charges₹ 20 / Order
Franking, KRA, CKYC, ESignature ChargesFree
Email Statements / Contract NotesFree
DP Charges₹ 20 Per Debit Transaction
₹ 50 Per Debit Transaction For BSDA Clients
Pledge Creation / Closure₹ 20 Per ISIN
₹ 50 Per ISIN For BSDA Clients
Demat₹ 50 Per Certificate
Remat₹ 50 Per Certificate + Actual CDSL Charges
Physical Statements / DIS Request / Physical Contract Notes₹ 50
Cheque Bounce Charges₹ 350
Delay Payment Charges On Outstanding Bill Amount If Not Paid Within Due Date1.5 % Per Month (Levied Every 15 Days)
Angel One Charges

Zerodha vs Angel One Comparison

Zerodha vs Angel One Comparison
Zerodha vs Angel One Comparison

We have listed all the charges that both brokers charged from the clients. Now, let’s compare these two that how they facilitate and their services.

ZERODHA ANGEL ONE
Demat Account Opening chargesRS. 200FREE (0)
Demat account AMC Charges₹300/year + GST charged quarterly (90 days)RS. 240
Broker TypeDiscount BrokerFull Time Retail Discount Broker
Exchange NSE, BSE, MCX and NCDEXBSE, NSE, MCX and NCDEX
Head OfficeBangalore Mumbai
Future Options YESYES
Stock TipsNOYES
FounderNithin Kamath, Nikhil KamathVinay Agrawal
Year of Foundation20101987
Trading AMC ChargesFREEFREE
Trading Platform Kite Web, Kite Mobile for Android/iOS and CoinAngel One App (Mobile), Angel Eye (Website), Angel Speed pro (Trading Terminal)
Referral Program AvailableAvailable
F&O Margin1x leverage1x leverage
Total Branches 22900
Offline availabilityNoYes
Mutual FundsYesYES
IPO ServicesAvailableAvailable
Trading Exposure Up to 5xUp to 5x
Market Tips NOYES
SIP YESYES
SMS AlertsNOYES
Options TradingYESYES
Depository Service Provider CDSLCDSL
Hidden ChargesInfo not availableInfo not available
Web PlatformAvailableAvailable
Mobile App PlatformAvailableAvailable
Intraday Square-off Time Eq Cash: 3:15 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close3:15 PM
Other Features Direct Mutual Funds, Anglo TradingDaily, weekly and monthly equity reports. F&Q, Commodities and Currencies
Zerodha vs Angel One Comparison

Zerodha vs Angel One Charges Comparison

Charges ZERODHA ANGEL ONE
Demat Account Opening chargesRS. 200FREE
AMC (Account maintenance charges)₹300/year + GST charged quarterly (90 days)RS. 240
Equity DeliveryFREEFREE
Equity Intraday₹ 20 / Executed Order Or 0.25% (Whichever Is Lower)₹ 20 / Executed Order Or 0.25% (Whichever Is Lower)
Equity Futures & Options₹ 20 / Executed Order Or 0.25% (Whichever Is Lower)₹ 20 / Executed Order Or 0.25% (Whichever Is Lower)
Currency Futures & Options₹ 20 / Executed Order Or 0.25% (Whichever Is Lower)₹ 20 / Executed Order Or 0.25% (Whichever Is Lower)
Commodity Futures & Options₹ 20 / Executed Order Or 0.25% (Whichever Is Lower)₹ 20 / Executed Order Or 0.25% (Whichever Is Lower)
DP (Depository participant) charges₹13.5 + GST per scrip (irrespective of quantity), on the day, is debited from the trading account when stocks are sold. This is charged by the depository (CDSL) and depository participant (Zerodha)20 Per Debit Transaction. 50 Per Debit Transaction
AMC charges For First Year300FREE
Interest on Margin Trade Funding For 30 daysNOT FREEFREE
Pledging charges₹30 + GST per pledge request.₹ 20 Per ISIN ₹ 50 Per ISIN For BSDA Clients
Direct Mutual FundsFREENILL
Call & Trade ChargesAdditional charges of ₹50 per order for orders placed through our support/dealing deskRs 50 per executed order
Demat Account AMCRS. 450RS. 300
Hidden ChargesInfo not availableInfo not available
Failed Instruction Charges₹50 per instructionNILL
Other ChargesCheque Bounce- ₹350
Physical Statement – ₹50 (Courier charges)
Modification in CML – ₹50 per request
₹25 per request for additional DIS

I have compared all the charges between Zerodha and Angel One. Also they provide different investing options.

Zerodha vs Angel One Investment Options

Now look at investing options that provided by Zerodha and Angel one.

Zerodha vs Angel One Leverage Margins

 Angel OneZerodha
Equity Delivery 100% of trade value (1x leverage)100% of trade value (1x leverage)
Equity Intraday Up to 20% of trade value (5x leverage)Up to 20% of trade value (5x leverage)
F&O (Eq, Currency, Commodity) 100% of NRML margin (Span + Exposure) (1x leverage)100% of NRML margin (Span + Exposure) (1x leverage)

My Feedback and Customer Ratings

ZERODHAANGEL ONE
Account opening**********
Trading Brokerage Rating*********
Trading Platform**********
Customer Care Support**********
User Friendly**********
Transparency**********
Over All Rating**********

Final Words

I have covered all the comparisons between Zerodha and Angel One. After knowing all the facilities and services both Zerodha and Angel One are good. In some sectors and brokerage charging Zerodha may be ahead of Angel One. But overall both are good and they are the leading discount brokers in India.

FAQs

Which broker is better than Zerodha?

Zerodha is the leading India’s no. 1 discount broker. But as compared to Zerodha Angel One is better. Because Angel One provides stocks recommendation, market updates and trading ideas. But Zerodha does not provides these. Angel One also provides free account opening and one month free brokerage.

Which is better Zerodha or Upstox or Angel Broking?

Zerodha and Upstox both are discount broker. But Angel One is full time retail broker. Zerodha is rated 4.5 ratings out of 5 and angel on is also rated same. Upstox rated over all 4.5 out of 5.

Is Angel One better than Upstox?

Angel One is a full time retail whereas Upstox is a discount broker.

Can I have account in both Zerodha and Angel Broking?

Yes, definitely you can have a Demat account in both Zerodha and Angel Broking. There is no limitations to having a such number of Demat account in different broker or same broker.

Can we trust Angel One and Zerodha?

Yes, you can trust on them. Both Angel One and Zerodha are the leading brokers and most trustable brokers in India.

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