Angel One vs Zerodha — Broker Comparison
Angel One vs Zerodha — Broker Comparison
This comparison helps retail investors and active traders decide between Angel One and Zerodha, highlighting Angel One’s comprehensive services and Zerodha’s pioneering discount broking.
- Category: Full Service Discount Broker · Segments: Equity, F&O, Commodity, Currency, Mutual Funds, Insurance, Loans, PMS
- HQ: Mumbai, Maharashtra · Since: 1996 · Clients: 2.15 million operational accounts (2024)
- Category: Discount Broker · Segments: Equity, F&O, Commodity, Currency, Mutual Funds
- HQ: Bangalore, Karnataka · Since: 2010 · Clients: Data not available
Charges & Brokerage
Both brokers provide competitive pricing structures, catering to various trading needs. Below is a detailed comparison of their charges.
| Item | Angel One | Zerodha |
|---|---|---|
| Equity Delivery | 0 | 0 |
| Equity Intraday | 20 | 0.03 |
| DP Charges (per scrip) | 20 | 15.34 |
| Call & Trade | 20 | Not Available |
| Segment | Angel One | Zerodha |
|---|---|---|
| Equity Futures | 20 | 20 |
| Equity Options | 20 | 20 |
| Charge Type | Angel One | Zerodha |
|---|---|---|
| Account Opening | 0 | 0 |
| Demat AMC | 240 | 300 |
| Pledge (per ISIN) | 20 | Not Available |
| Unpledge (per ISIN) | 20 | Not Available |
| Off-Market Transfer | 50 | Not Available |
| Auto Square-Off | Penalty applies | Not Available |
| Instant Withdrawal | 0 | Not Available |
| Delayed Payment | Applicable | Not Available |
| Margin Shortfall Penalty | Auto square-off after 4 days | Not Available |
Statutory taxes/levies apply per segment/state.
Features & Capabilities
A diverse range of platforms is essential for effective trading. Below are the features offered by each broker.
| Feature | Angel One | Zerodha |
|---|---|---|
| Web Trading Platform | Angel Eye | Kite Web |
| Desktop Software | Angel Speedpro | Not Available |
| Android / iOS | Angel One App · Angel One iOS App | Kite Mobile App · Not Available |
| API Trading | Yes – Free API access | Not Available |
| Multi-Device Sync | Yes – across all devices | Not Available |
| Chart Tools | Advanced charts with multiple indicators | Not Available |
| P&L / Tax Reports | Detailed P&L analysis · Automatic tax reports and statements | Not Available |
| Portfolio / Watchlist | Detailed portfolio analytics and tracking · Unlimited watchlists | Not Available |
| Research Reports | Comprehensive research and recommendations | Limited – focus on education |
| Market News Feed | Real-time news and market updates | Not Available |
| Third-Party Integrations | TradingView, Excel integration available | Not Available |
| Education / Webinars / Certifications | Comprehensive learning resources · Regular market education webinars · Basic to advanced trading courses | Varsity – Comprehensive trading education · Not Available · Not Available |
| Social Trading | Limited features | Not Available |
Reliability & Scale
- Platform Uptime: 99.5 · Speed Rating: 9.2
- Clients: 2.15 million operational accounts (2024)
- Brand Trust / Reputation: 9.1 · 8.8
- Platform Uptime: 99.95 · Speed Rating: Not Available
- Clients: Data not available
- Brand Trust / Reputation: 9 · 9.5
Account Types & Facilities
- NRI / Corporate: Available · Available
- Nominee / Joint: Available · Available
- DRIP / Advisory / Insurance: Available · Research and advisory available · Health and life insurance distribution
- Referral Program: Available with benefits
- NRI / Corporate: Not Available · Not Available
- Nominee / Joint: Not Available · Not Available
- DRIP / Advisory / Insurance: Not Available · Not Available · Not Available
- Referral Program: Not Available
Regulatory & Corporate Profile
Support & Service
| Aspect | Angel One | Zerodha |
|---|---|---|
| Phone / Email / Live Chat | 18001020 · support@angelone.in · Available on website and app | Not Available · support@zerodha.com · support@zerodha.com |
| Support Hours | 8:30 AM to 5:30 PM (Mon-Sat) | Not Available |
| Languages | Hindi, English, and regional languages | Not Available |
| Response Time | Within 24 hours | Not Available |
| Issue Resolution (tone) | 8.0 | Not Available |
Learning & Community
- Beginner Resources: Angel Eye learning modules
- Education / Webinars / Strategies: Comprehensive learning resources · Regular market education webinars · Basic to advanced trading courses
- Certifications: Basic to advanced trading courses
- Would Recommend to a Friend: Yes
- Social Trading: Limited features
- Beginner Resources: Not Available
- Education / Webinars / Strategies: Varsity – Comprehensive trading education · Not Available · Not Available
- Certifications: Not Available
- Would Recommend to a Friend: 1
- Social Trading: Not Available
Ratings Snapshot
| Dimension | Angel One | Zerodha |
|---|---|---|
| Overall | 8.5 | 9.2 |
| Pricing | 9.0 | 9.5 |
| Platform & Speed | 8.8 · 9.2 | 9.3 · Not Available |
| Research | 8.5 | 5 |
| Service | 8.2 · 8.5 | 7 · 9.2 |
| Brand Trust & Reputation | 9.1 · 8.8 | 9 · 9.5 |
| Value for Money | 9.2 | 9.8 |
| Innovation | 8.3 | 7 |
| Composite / Verdict / Recommend | 8.2 · 8.6 · Yes | 8.5 · 9.2 · 1 |
The ratings suggest Angel One excels in value for money and platform speed, making it suitable for various types of traders. However, Zerodha stands out with its higher overall rating and better pricing structure.
Zerodha’s higher scores in pricing and brand trust indicate its strong position in the discount broking space, appealing particularly to cost-conscious traders.
Summary
Angel One is ideal for beginner to intermediate traders looking for competitive pricing and comprehensive research options, despite some limitations in advanced tools and global market access.
Zerodha is highly suitable for beginners seeking a user-friendly platform with zero delivery charges, although its customer support and research resources are somewhat limited.
Editor’s Verdict
Given Zerodha’s higher overall rating, it is recommended for traders looking for better pricing and brand reputation. Angel One, while strong in technology and research, lacks in some advanced features but still offers a solid platform for trading.
