Zerodha and Angel One are among India’s top stock brokers. Both are registered with SEBI and let you invest in a range of market segments—equity, F&O, Currency, and Commodities. What sets them apart is their cutting-edge trading platforms and low, flat brokerage charges. In this article, we’ll pit Zerodha vs Angel One to see where they shine and where they fall short.
Zerodha charges INR 20 or 0.03%—whichever is lower—per trade. Angel One charges the same: INR 20 per order or 0.03% per trade. That gives you a clear idea of where the money goes. Zerodha has 79,57,128 active clients as of 28 February 20255, while Angel One has 76,49,188. So, Zerodha is serving more customers than Angel One. Angel One market share is 15.45%, and Zerodha has 16.07% market share.
Table of Contents
Company Background
Zerodha is a Bengaluru-based company founded in 2010 by Nikhil Kamath and Nithin Kamath. This platform allows users to trade in NSE, BSE, and MCX exchanges. The company has over 120 partner offices and branches across India.
Angel One (NSE: ANGELONE) was established in 1996 by Hemen Bhatia as a stockbroker firm in India. The company is affiliated with the Bombay Stock Exchange, the National Stock Exchange of India, the National Commodity & Derivatives Exchange, and the Multi Commodity Exchange of India.
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Zerodha Vs Angel One Charges
- Zerodha Vs Angel One – Account Opening Charges and AMC
| Account opening and Demat charges | Zerodha | Angel One |
| Equity Trading Account Opening Charges | Zero | Zero |
| Commodity Account Opening Charges | Zero | Zero |
| Trading Account AMC Charges | Zero | Zero |
| Demat Account Opening Charges | Zero | Zero |
| Demat Account AMC Charges | INR 300 + GST | First Year Free, Second Year INR 240 per year |
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- Zerodha Vs Angel One Brokerage Charges
| Particulars | Zerodha | Angel One |
| Equity Delivery | Zero | Zero |
| Equity Intraday | INR 20 per order or 0.03%, whichever is lower | INR 0 brokerage up to INR 500 for the first 30 days Then, a lower of INR 20 or 0.03% per executed order |
| Equity Futures | INR 20 per order or 0.03%, whichever is lower | INR 0 brokerage up to INR 500 for first 30 days* Then, INR 20 per executed order |
| Equity Options | Flat INR 20 per executed order | INR 0 brokerage up to INR 500 for first 30 days* Then, INR 20 per executed order |
| Currency Futures | INR 20 per order or 0.03%, whichever is lower | INR 0 brokerage up to INR 500 for first 30 days* Then, INR 20 per executed order |
| Currency Options | INR 20 per executed order | INR 0 brokerage up to INR 500 for first 30 days* Then, INR 20 per executed order |
| Commodity Futures | INR 20 per order or 0.03%, whichever is lower | INR 0 brokerage up to INR 500 for first 30 days* Then, INR 20 per executed order |
| Commodity Options | INR 20 per executed order | INR 0 brokerage up to INR 500 for first 30 days* Then, INR 20 per executed order |
| Call & Trade Charge | INR 50 per executed order | INR 20 per order |
| Minimum Brokerage | INR 20 or 0.03% in Intraday and F&O trades | INR 20 or 0.03% in Equity Intraday |
| P&L/CMR Charges | First CMR request is free, INR 20 + INR 100 (courier charge) + 18% GST for subsequent requests | NIL |
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- Zerodha Vs Angel One – Transaction Charges
| Particulars | Zerodha | Angel One |
| Equity Delivery | NSE: 0.00297% | BSE: 0.00375% (Both Buy and Sell) | NSE: 0.00297% | BSE: 0.00375% (Both Buy and Sell) |
| Equity Intraday | NSE: 0.00297% | BSE: 0.00375% (Both Buy and Sell) | NSE: 0.00297% | BSE: 0.00375% (Both Buy and Sell) |
| Equity Futures | NSE: 0.00173%%| BSE: Nil | NSE: 0.00173% l BSE: Nil (Both Buy & Sell) |
| Equity Options | NSE: 0.03503% | BSE: 0.0325% (on premium) | NSE: 0.03503% | BSE: Sensex 50/Stock options 0.0050%, Sensex/Bankex options 0.0325% |
| Currency Futures | NSE: 0.00035%| BSE: 0.00045% | NSE: 0.00035%| BSE: 0.00045% |
| Currency Options | NSE: 0.0311%| BSE: 0.001% | NSE: 0.0311%| BSE: 0.001% |
| Commodity Futures | MCX: 0.0021% | NSE: 0.0001% | MCX: 0.00210% | NCDEX: 0.0058% |
| Commodity Options | MCX: 0.0418% | NSE: 0.001% | MCX: 0.0418% | NCDEX: Options: 0.03%, Guar seeds options 0.015% |
- Zerodha Vs Angel One – Other Statutory Charges
| Particulars | Zerodha | Angel One |
| STT/CTT Equity Delivery | 0.1% (Both Buy & Sell) | 0.1% (Both Buy and Sell) |
| STT/CTT Equity Intraday | 0.025% on the sell side | 0.025% on the Sell Side |
| STT/CTT Equity Futures | 0.0125% on Sell Side | NSE: 0.02% | BSE:0.02% on the Sell Side |
| STT/CTT Equity Options | 0.01% on the sell side (on premium) | NSE: 0.1% | BSE:0.1% on the Sell Side |
| STT/CTT Currency Futures & Options | No STT | Zero |
| STT/CTT Commodity Futures | MCX: 0.01% on Sell Side | 0.01% Only on Non-Agri on the Sell Side |
| STT/CTT Commodity Options | 0.05% on Sell Side | 0.05% on the Sell side |
| SEBI Turnover Charges | INR 10/crore | INR 10/crore |
| GST | 18% | 18% |
| Stamp Equity Delivery | 0.015% or INR 1500/crore on buy-side | 0.015% or INR 1500/crore on buy-side |
| Stamp Equity Intraday | 0.003% or INR 300/crore on buy-side | 0.003% or INR 300/crore on buy-side |
| Stamp Equity Futures | 0.002% or INR 200/crore on buy-side | 0.002% or INR 200/crore on buy-side (Both NSE & BSE) |
| Stamp Equity Options | 0.003% or INR 300/crore on buy-side | 0.003% or INR 300/crore on buy-side (Both NSE & BSE) |
| Stamp Currency Futures | 0.0001% or INR 10/crore on buy-side | 0.0001% or INR 10/crore on buy-side |
| Stamp Currency Options | 0.0001% or INR 10/crore on buy-side | 0.003% or INR 30/crore on buy-side |
| Stamp Commodity Futures | 0.002% or INR 200/crore on buy-side | 0.002% or INR 200/crore on buy-side |
| Stamp Commodity Options | 0.003% or INR 300/crore on buy-side | 0.003% or INR 300/crore on buy-side |
| DP (Depository participant) Charges | INR 15.34 per scrip | INR 20 per scrip |
| Pledging Charges | INR 30 per scrip | INR 15 per scrip |
| Auto Square off Charges | INR 50 per executed order | INR 20 per executed order |
| API Subscription Charges | INR 2,000 per app each month | Zero |
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- Angel One Vs Zerodha – Feature Comparison
| Feature | Zerodha | Angel One |
| 3 in 1 Account | Yes | No |
| Algo Trading | Yes | Yes |
| Charting | Yes | Yes |
| Trading Platform | Kite Web, Kite Mobile for Android and iOS, and Coin | Angel One App (Mobile), Angel Eye (Website), Angel SpeedPro (Trading Terminal) |
| SMS Alerts | No | Yes |
| Online Demo | Yes | Yes |
| Online Portfolio | Yes | Yes |
| Margin Trading Funding Available | Yes | Yes |
| Margin Against Shares (Equity Cash) | Yes | Yes |
| Margin Against Shares (Equity F&O) | Yes | Yes |
| Intraday Square-off Time | 15:20 for equity, 15:25 for derivatives | 15:15 |
| Other Features | Direct Mutual Funds, APIs for Algo Trading | – |
| Referral Program | Yes | Yes |
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Zerodha Vs Angel One – Pros and Cons
| Zerodha | Angel One | |
| Pros | 1. India’s No. 2 stockbroker by active clients and trading volume 2. Free account opening for residents 3. Free equity delivery trades (Cash-N-Carry) 4. Flat INR 20 or 0.03% per order brokerage across BSE, NSE, MCX 5. No clearing charges (self-clearing broker) 6. Pay-as-you-go pricing, no prepaid plans 7. Free access to platforms: Kite, Console, and Coin 8. Kite 3 mobile app (modern, fast, trader-friendly) 9. Direct mutual fund investment via Coin, no commission 10. Good-Till-Triggered (GTT) orders supported 11. Online IPO application available Safe, reliable, and technologically advanced 12. NRI Trading account available (offline process) | 1. Brokerage-free equity delivery trades 2. Flat INR 20 brokerage per order for Intraday and F&O across all segments and exchanges 3. Only INR 20 charged for intraday square-off and Call & Trade services 4. Full-service brokerage features at ultra-low brokerage fees 5. Margin trading facility and securities as collateral available 6. Free research reports, trading tips, and advisory for stocks and mutual funds 7. No charges for NEFT/fund transfers 8. Training and hand-holding support for beginners 9. Easy-to-use online trading platforms 10. Access to dedicated Relationship Managers (RMs) and local sub-brokers even at discount pricing |
| Cons | 1. No research tips or recommendations 2. No lifetime AMC-free Demat account 3. Call & Trade charged INR 50 per executed order 4. Auto Square-Off charged INR 50 per order 5. Monthly unlimited trading plans not available 6. Console is a separate back-office platform with overnight data updates | 1. Relationship managers (RMs) and sales team may aggressively cross-sell other products and services 2. Margin funding may be applied without clear notice, causing confusion and unexpected interest charges 3. Doesn’t offer a 3-in-1 trading account (no integrated banking services) |
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Conclusion
The stock broking industry is booming in India and evolving with new market trends, and new trading and investing platforms. Investors need to look for the right platform and the most efficient one. Our articles help summarize the pros and cons of the stock broking industry. Therefore, choose the platform that aligns with your goals and mindset.
We hope this Zerodha vs Angel One broker comparison has helped you with valuable information. Please let us know your thoughts in the comments below.
Zerodha Vs Angel One FAQs
Zrodha or Angel One which one is better?
In terms of client base and market share, Zeodha is winning the bet.
What is Angel One Share Price?
Angel One share price is INR 2,130 per share.
What is the market share of Zerodha?
Zerodha has a market share of 16.07%
What is the number of active clients of Zerodha?
As of 28 February 2025, Angel One has 79,57,128 active clients.