Zerodha vs Angel Broking Broker Comparison

Compare Online Broker Zerodha vs Angel Broking

Zerodha V/s Angel Broking | Brokerage, Margin and Charges

Angel broking is one of the leaders in the traditional brokerage industry in India working from 1987. While Zerodha is a Discount broker founded in 2010. Both provide mobile trading and web trading. 

Angel broking 

  • Provides all services through one application / website
  • Angel broking Speed pro for online trading and analysis.

Zerodha 

  • Kite by Zerodha
  • Zerodha has various applications to provide multiple services but all of them are linked to one single DEMAT account. Streak for algo trading, Varsity for education, Pulse for news and Coin for mutual funds.

Open Account With Zerodha Instantly in 10 Mins

Zerodha V/s Angel Broking Work Pattern

Angel broking works on traditional broker patterns and is less active in online securities exchange. However with the change of time Angel broking has updated it’s brokerage charges and decreased them due to competition from discount brokers like Zerodha

Angel broking accounts for approximately 5.5 lacs active trading accounts while Zerodha accounts for almost 24 lacs active trading accounts. 

Brokerage Charges 

Zerodha v/s angel broking brokerage charges are as follows :

ZERODHA ANGEL BROKING
Equity delivery FREE FREE
Equity future Rs. 20 or 0.03% of turnover (whichever is less) Rs. 20 per executed trade
Equity options Rs. 20 per executed trade Rs. 20 per executed trade
Equity Intraday Rs. 20 or 0.03% of turnover (whichever is less) Rs. 20 per executed trade
Commodity future Rs. 20 or 0.03% of turnover (whichever is less) Rs. 20 per executed trade
Commodity options Rs. 20 per executed trade Rs. 20 per executed trade
Currency futures Rs. 20 or 0.03% of turnover (whichever is less) Rs. 20 per executed trade
Currency options Rs. 20 per executed trade Rs. 20 per executed trade

One benefit in Angel broking is that there is no chance of technical breakdown while in Zerodha the trades are done online (most of the time as people don’t opt for call service). Also Angel broking is financial advisor as well so they give calls to their active trading account holders which Zerodha doesn’t procure. It does give financial advice but never gives out buying or selling calls. 

Margin

Zerodha V/s angel broking margin is as follows :

ZERODHA ANGEL BROKING
Equity delivery 1 Times 3 Times (24% interest per year)
Equity future 2.5 times 4 times
Equity options 2.5 times 3 times (only for shorting)
Equity Intraday 20 times 10 times
Commodity future 2.5 times 3 times
Currency futures 2.5 times 2 times 
Currency options 2.5 times 5 times (only for shorting)

Ratings

Zerodha vs angel broking review is as follows :

ZERODHA ANGEL BROKING
FEES 3.5/5 3/5
TRADING BROKERAGE 4.5/5 4/5
PLATFORM FOR TRADING 4.5/5 3.5/5
CUSTOMER SERVICE 4.5/5 3.5/5
RESEARCH WORK 3/5 3/5
OVERALL RATING 4/5 3.5/5

Zerodha has a 24/7 online customer service while Angel broking has a strong customer support in offline mode. Both are active in online and offline modes for trading but Zerodha is more active in online mode while Angel broking has a more active client base in traditional mode. 

Order Type Offered

Angel broking offers only two types of orders. BTST (buy today, sell tomorrow) and cover order. While Zerodha Along with BTST and cover order, Provides AM0 (after market order), GTC (good till cancelled) and bracket order.

Investment Options

Zerodha and Angel broking both offer the same range of Investment options. Zerodha offers Equity, currency, mutual fund, IPO and commodity as its investment options. While Angel broking offers all those options along with two others. These are Bond/NCD and Debt.

In House Research 

Both companies have their in house research teams. But in Zerodha the team does not provide by and selling calls or tips. They just provide information in the form of their views. While in Angel broking stock specific tips are provided to the customers.

Account Charges

Zerodha v/s Angel broking account charges are as follows :

ZERODHA ANGEL BROKING
ACCOUNT OPENING  200 (equity) + 100 (commodity) FREE
MAINTENANCE CHARGES 300 + GST (annually) 450 + GST (annually)

Both the firms are best in their own criterias. Zerodha is best for online trading while Angel broking is preferred for offline or traditional way of trading. 

Due to online trading and its added features along with lowest brokerage charges and large customer base, Zerodha is preferred more than Angel broking.

Open Demat Account Instantly

Also Read:

Zerodha vs SAMCO

Zerodha vs Sharekhan

Zerodha vs ICICIDIRECT Securities

Zerodha vs ProStocks

    Your Name

    Your Email Optional

    Your Phone Number

    Looking for Best Stock Broker in India?

    we will help you to find best broker with Free demat & lowest brokerage