Updated April 2026 · NSE Data Verified
Zerodha vs AngelOne
India's Most-Compared Discount Brokers
Zerodha offers ₹0 delivery and India's best platform (Kite). AngelOne brings ARQ Prime AI research, 24×7 support, and ₹0 first-year AMC. Both offer MCX commodity, flat ₹20 F&O, GTT and Cover Orders. AngelOne also offers Basket Orders.
🏆 Zerodha: ₹0 Delivery
🤖 AngelOne: ARQ AI
📱 Kite vs SmartWeb
⛽ Both: MCX Commodity
👥 6.87M vs 6.75M Clients
Z
Zerodha
Discount Broker
6.87M clients · #2
VS
A1
AngelOne
Discount + Research
6.75M clients · #3
ZERODHAANGEL ONE
₹300/yr
Demat AMC
₹0 (1st yr)
₹0 Free 🏆
Delivery
₹20/0.1%
✅ MCX
Commodity
✅ MCX
✅ Kite
Platform
✅ SmartWeb
✅ Kite API
Algo API
✅ SmartAPI
✅ Varsity
Education
✅ ARQ AI
6.87M
Zerodha Clients
NSE Active · Feb 2026
6.75M
AngelOne Clients
NSE Active · Feb 2026
15.21%
Zerodha NSE Share
#2 Broker India
₹20
Flat F&O Brokerage
Both Brokers
Expert Ratings
Quick Score Comparison
Overall
4.6
Zerodha
4.2
AngelOne
Platform
4.8
Zerodha
4.2
AngelOne
Products
4.2
Zerodha
4.5
AngelOne
Research
3.5
Zerodha
4.4
AngelOne
Ease of Use
4.3
Zerodha
4.0
AngelOne
Value
4.4
Zerodha
4.5
AngelOne
Visual Comparison
Data at a Glance
Score Breakdown (Out of 5)
Segment Availability
Segment
ZR
A1
Equity Delivery✅✅
Equity F&O✅✅
Currency F&O✅✅
MCX Commodity✅✅
Mutual Funds✅✅
IPO Applications✅✅
AI Research✗✅
Category Scores
4.8
Zerodha
Platform
Platform
4.5
AngelOne
Products
Products
4.6
Zerodha
Overall
Overall
4.4
AngelOne
Research
Research
💡 Zerodha leads in platform quality (Kite + TradingView), ₹0 delivery & 4.6 overall score. AngelOne leads in AI research, 24×7 support & first-year AMC savings.
Brokerage & Fees
Charges Compared
All verified from official broker tariff sheets. Updated April 2026.
Z
Zerodha
Discount Broker · Est. 2010 · Bengaluru
Account OpeningFREE (₹0)
Demat AMC₹300/year
Trading Account AMC₹0
Equity Delivery₹0 (Free)
Equity Intraday₹20 or 0.03% (lower)
Equity F&O₹20 or 0.03% (lower)
Currency F&O₹20 or 0.03% (lower)
Commodity (MCX)₹20 or 0.03% (lower)
DP Charges (sell)₹15.34/scrip + GST
Call & Trade₹50/order
Auto Square-off₹50/position
A1
AngelOne
Discount + Research · Est. 1987 · Mumbai
Account OpeningFREE (₹0)
Demat AMC (Yr 1)₹0 — Free 1st year
Demat AMC (Yr 2+)₹240/year
Trading Account AMC₹0
Equity Delivery₹20 or 0.1% (lower) · Min ₹5
Equity Intraday₹20 flat/order
Equity Options₹20 flat/order
Equity Futures₹20 flat/order
Currency F&O₹20 flat/order
Commodity (MCX)₹20 flat/order
DP Charges (sell)₹20 + GST/scrip
Call & Trade₹20/order
ℹ️ Exchange Transaction Charges — Same for Both
Both Zerodha and AngelOne pass through identical SEBI-mandated charges: Equity Delivery NSE ₹325/Cr, BSE ₹375/Cr. Equity Futures NSE ₹190/Cr. Equity Options NSE ₹5,000/Cr. STT, SEBI turnover fees and GST apply equally to both.
Full Comparison
Side-by-Side Details
| Parameter | 🟢 Zerodha | 🅰 AngelOne |
|---|---|---|
| 🏢 Company Overview | ||
| Type | Discount Broker | Discount + Research Broker |
| Founded | 2010, Bengaluru | 1987, Mumbai (as Angel Broking) |
| Active NSE Clients | 6.87M · 15.21% share | 6.75M · ~14.85% share |
| Listed Company | Private (bootstrapped) | Yes — NSE & BSE Listed Listed Co. |
| Exchange Memberships | NSE, BSE, MCX, CDS | NSE, BSE, MCX, CDS |
| Backed By | Self-funded (Kamath brothers) — debt free 🏆 Profitable | Publicly listed — institutional investors |
| SEBI Reg. No. | INZ000031633 | INZ000161534 |
| 💰 Account Charges | ||
| Trading Account Opening | ₹0 FREE | ₹0 FREE |
| Demat Account Opening | ₹0 FREE | ₹0 FREE |
| Demat AMC — Year 1 | ₹300/year | ₹0 FREE (1st year) Free Y1 |
| Demat AMC — Year 2+ | ₹300 + GST/year | ₹240/year |
| Trading AMC | ₹0 | ₹0 |
| Product / Service | 🟢 Zerodha | 🅰 AngelOne |
|---|---|---|
| 📈 Trading Products | ||
| Equity Delivery | ✅ ₹0 — Free 🏆 | ₹20 or 0.1% (lower) · Min ₹5 |
| Equity Intraday | ✅ | ✅ |
| Equity F&O | ✅ | ✅ |
| Currency F&O | ✅ | ✅ |
| Commodity (MCX) | ✅ | ✅ |
| Margin Trading (MTF) | ✅ | ✅ |
| 💼 Investment Products | ||
| Mutual Funds | ✅ Direct (via Coin) | ✅ Direct Plans |
| ETFs | ✅ | ✅ |
| IPO Application | ✅ via Kite | ✅ via SmartApp |
| SGBs (Gold Bonds) | ✅ | ✅ |
| Bonds & NCDs | ✅ via GoldenPi.com | ✅ |
| 🔬 Research & Tools | ||
| AI Research / Smart Advisory | ✗ | ✅ ARQ Prime AI AI Powered |
| Education Platform | ✅ Zerodha Varsity 🏆 Best | Basic tutorials |
| Options Trading Tools | ✅ Sensibull (Free) | ✅ Sensibull (Free) |
| Smallcase | ✅ | ✅ |
| NRI Services | ✅ | ✅ |
| 3-in-1 Banking | ✗ | ✗ |
| PMS (Portfolio Mgmt) | ✗ | ✅ |
| Order Type | 🟢 Zerodha | 🅰 AngelOne |
|---|---|---|
| Limit Order | ✅ | ✅ |
| Market Order | ✅ | ✅ |
| Stop Loss (SL) | ✅ | ✅ |
| SL-M (Stop Loss Market) | ✅ | ✅ |
| Cover Order (CO) | ✅ | ✅ |
| After Market Orders (AMO) | ✅ | ✅ |
| BTST / ATST | ✅ | ✅ |
| Basket Orders | ✗ | ✅ AngelOne |
| Iceberg / Disclosed Qty | ✅ | ✅ |
| Platform | 🟢 Zerodha | 🅰 AngelOne |
|---|---|---|
| Web Platform | ✅ Kite Web 🏆 Best in India | ✅ SmartWeb |
| Desktop App | ✅ Kite Terminal Mode | ✗ |
| Android App | ✅ 4.1★ Kite | ✅ 4.0★ SmartApp |
| iOS App | ✅ | ✅ |
| TradingView Charts | ✅ Native Integration | Basic charts |
| Technical Indicators | 100+ indicators | 50+ indicators |
| API Access (Kite Connect) | ✅ Full documented API | ✅ SmartAPI |
| Options Analytics | ✅ Sensibull (Free) | ✅ Sensibull (Free) |
| Portfolio P&L Tracking | ✅ | ✅ |
| AI Trading Signals | ✗ | ✅ ARQ Prime |
| Support Channel | 🟢 Zerodha | 🅰 AngelOne |
|---|---|---|
| Support Portal | ✅ support.zerodha.com 🏆 | Basic FAQ portal |
| Phone Support | ✅ 9:00 AM – 11:55 PM, Mon–Fri | ✅ 24×7 helpline 24×7 |
| Email Support | ✅ | ✅ |
| Live Chat | ✅ Business hours | ✅ 24×7 24×7 |
| SMS Alerts | ✅ | ✅ |
| Branch Network | ✅ Online + Offline | ✅ 100+ branches More Offices |
| Relationship Manager | ✗ | ✅ HNI clients |
| Community & Forum | ✅ TradingQnA | ✗ |
| Education Resources | ✅ Varsity (best-in-class) | Basic tutorials |
| Research Reports | ✗ | ✅ Daily free |
| Demat Parameter | 🟢 Zerodha | 🅰 AngelOne |
|---|---|---|
| Depository | CDSL | CDSL |
| Account Opening Fee | ₹0 FREE | ₹0 FREE |
| Annual AMC — Year 1 | ₹300/year | ₹0 FREE Free Y1 |
| Annual AMC — Year 2+ | ₹300 + GST/year | ₹240/year Cheaper |
| DP Charges (sell) | ₹15.34/scrip + GST | ₹20/scrip + GST |
| Pledge Creation | ₹30 + GST | ₹20 + GST |
| Dematerialisation | ₹150/cert + courier | ₹20/cert |
| Failed Instruction | ₹50/ISIN | ₹50 |
| KYC Modification | ₹50 | ₹50 |
Pros & Cons
Strengths & Weaknesses
Z
Zerodha
Overall: 4.6/5 · Best for Serious Traders
✅ What Zerodha Does Well
₹0 equity delivery brokerage — completely free; AngelOne charges ₹20 or 0.1%
India's best trading platform — Kite with native TradingView charts & 100+ indicators
MCX commodity trading — gold, silver, crude, base metals at ₹20 or 0.03% (lower)
Zerodha Varsity — India's best free stock market education platform
Kite Connect API — most widely used algo-trading API in India
GTT Orders and Cover Orders — advanced active trader tools
Bonds & NCDs investing via GoldenPi.com partnership
Debt-free, bootstrapped — ₹4,700Cr+ net profit in FY24 on revenues of ₹8,320Cr+
NRI accounts (NRE/NRO PIS) supported — AngelOne also supports NRI accounts
✗ Where Zerodha Falls Short
No AI-driven research or advisory tools — AngelOne's ARQ Prime offers AI stock recommendations
Fewer physical branches than AngelOne — AngelOne has 100+ offices across India
No 24×7 support — phone and chat available 9:00 AM–11:55 PM Mon–Fri, not 24×7 like AngelOne
A1
AngelOne
Overall: 4.2/5 · Best for Full-Segment Trading
✅ What AngelOne Does Well
Full segment access — equity, F&O, currency, commodity MCX, MF, PMS
ARQ Prime AI research — AI-powered stock recommendations
₹0 first-year AMC — lowest cost to open vs Zerodha's ₹300/yr from Day 1
24×7 phone and live chat support — best support among discount brokers
100+ branches across India — physical presence for offline assistance
NSE/BSE listed company — public accountability and disclosures
SmartAPI for algo trading with good documentation
Daily research reports and tips included free
✗ Where AngelOne Falls Short
Delivery brokerage NOT free — ₹20 or 0.1% (lower), min ₹5; Zerodha offers ₹0
Platform less advanced than Zerodha Kite — Kite has native TradingView; SmartWeb trails
Charts and analytical tools less powerful than Kite's native TradingView integration
AMC ₹240/year from Year 2 — still an annual cost unlike Groww's ₹0 lifetime AMC
Best Fit
Who Should Choose What?
🟢 Choose Zerodha If…
You Prioritise Platform Quality & Cost Efficiency
You want ₹0 delivery brokerage — Zerodha is free; AngelOne charges ₹20/0.1%
You are an equity/F&O trader who wants the best trading platform in India
You use algo or automated strategies via Kite Connect API
You want best-in-class platform (Kite) with TradingView charting & 100+ indicators
You prefer self-service research via Varsity over AI advisory tips
You want a debt-free, bootstrapped broker with a proven 15-year track record
🅰 Choose AngelOne If…
You Want AI Research, Support & First-Year Savings
You want AI-powered stock recommendations (ARQ Prime) to guide your decisions
You need 24×7 phone or live chat support — Zerodha only offers business-hours support
You want branch walk-in support across 100+ locations across India
You are a first-year investor wanting ₹0 AMC for year one (saves ₹300 vs Zerodha)
You want Basket Orders — AngelOne offers these; Zerodha does not have Basket Orders
You want daily research reports and analyst tips included at no extra cost
Final Verdict
The Bottom Line on Zerodha vs AngelOne
These two brokers are neck-and-neck in active clients — and both offer MCX commodity, currency F&O, NRI accounts, and Sensibull. The key differentiators are: Zerodha offers ₹0 delivery (AngelOne charges ₹20/0.1%) and the best platform (Kite with TradingView). Both offer free Sensibull, GTT, Cover & Basket Orders. AngelOne leads in ARQ Prime AI research, 24×7 support, 100+ branches, and first-year free AMC.
For platform quality, ₹0 delivery, and serious trading, Zerodha is unmatched. For AI advisory, round-the-clock human support, and first-year cost saving, AngelOne wins. Both are safe, SEBI-regulated, and excellent for equity, F&O, commodity and NRI investing.
Expert Score Comparison
Platform UX
4.8
—
4.2
Products
4.2
—
4.5
Research
3.5
—
4.4
Ease of Use
4.3
—
4.0
Support
3.0
—
4.3
🟢 Zerodha Overall
4.6/5
🅰 AngelOne Overall
4.2/5
FAQs
Frequently Asked Questions
Everything you need to know about Zerodha vs AngelOne — charges, platforms, products and which broker is right for you.
Which is better overall — Zerodha or AngelOne in 2026?
Both are excellent discount brokers, but they serve different needs. Zerodha leads in platform quality; AngelOne leads in product breadth and support.
4.6/5Zerodha Score
4.2/5AngelOne Score
₹0Zerodha Delivery
- ✓Zerodha wins for: Best trading platform (Kite), ₹0 delivery, algo trading API, GTT orders, Varsity education, debt-free reliability
- ★AngelOne wins for: AI research (ARQ Prime), 24×7 phone & live chat support, branch offices, ₹0 first-year AMC, lower ongoing AMC (₹240/yr)
- ✓Both offer equally: ₹20 flat F&O, MCX commodity, currency F&O, NRI accounts, free Sensibull — Zerodha uniquely offers ₹0 delivery
💡 The core difference is platform vs advisory. Zerodha = best tools, self-directed trading. AngelOne = AI guidance, human support, first-year cost saving. Both trade commodities equally.
Does Zerodha offer MCX commodity trading? What about AngelOne?
Yes — both Zerodha and AngelOne offer MCX commodity trading. Zerodha offers it at ₹20 or 0.03% per order; AngelOne at ₹20 flat per order.
✅ MCXZerodha
✅ MCXAngelOne
₹20Both Flat Rate
- ✓Zerodha MCX: Available — gold, silver, crude oil, natural gas, base metals. Charged at ₹20 or 0.03% (whichever is lower) per order
- ✓AngelOne MCX: Available — same commodities. Flat ₹20 per order. Both brokers are MCX members
- →Key differentiator: MCX is NOT a differentiator between these two. The real differences are platform quality (Zerodha leads) and AI research/support (AngelOne leads)
✓ Zerodha: MCX Available · ₹20/0.03%
✓ AngelOne: MCX Available · ₹20 flat
💡 Both brokers trade the same MCX instruments — gold, silver, crude oil, natural gas, zinc, copper, aluminium. Choose between them based on platform quality and support, not commodity access.
Is equity delivery free on Zerodha and AngelOne?
Equity delivery is ₹0 on Zerodha — completely free. AngelOne charges ₹20 or 0.1% (whichever is lower), with a minimum of ₹5 per order.
₹0Zerodha Delivery
₹20/0.1%AngelOne Delivery
₹5AngelOne Min
- ✓Zerodha delivery: ₹0 on all equity delivery trades — this is a permanent policy with no conditions or minimum trade size
- !AngelOne delivery: ₹20 or 0.1% (lower of the two), with a minimum charge of ₹5 per order — not free
- →Impact for investors: A ₹10,000 delivery trade on AngelOne costs ₹10 (0.1%). On Zerodha it's ₹0. Over 100 delivery trades a year, that's ₹1,000 saved with Zerodha
- ✓Intraday & F&O: Both brokers charge flat ₹20 per order for intraday, options, and futures — no difference here
✓ Zerodha: ₹0 Delivery Forever
AngelOne: ₹20 or 0.1% Min ₹5
Both: ₹20 Flat F&O
💡 If you are a long-term equity investor who buys and holds stocks, Zerodha's ₹0 delivery is a significant advantage. If you primarily trade F&O or intraday, both brokers cost the same (₹20 flat).
What is Zerodha's Demat AMC vs AngelOne's AMC?
Zerodha charges ₹300/year AMC from day one. AngelOne charges ₹0 in the first year, then ₹240/year from the second year.
₹300/yrZerodha AMC
₹0 Y1AngelOne Y1 AMC
₹240/yrAngelOne Y2+ AMC
- !Zerodha: ₹300 + GST every year from account opening — no free year, no waiver conditions
- ✓AngelOne: First year completely free, then ₹240/year from the second year onward
- →10-year cost comparison: Zerodha = ₹3,000 total AMC. AngelOne = ₹2,160 total AMC (₹0 Y1 + 9×₹240). AngelOne is cheaper long-term.
💡 AngelOne is cheaper on AMC both short-term (free first year) and long-term (₹240 vs ₹300/year). If AMC cost is a deciding factor, AngelOne wins.
Which has a better trading platform — Zerodha Kite or AngelOne SmartWeb?
Zerodha Kite is widely considered India's best trading platform. AngelOne SmartWeb is solid but trails Kite in functionality and reliability.
Platform Comparison
- ✓Zerodha Kite: Native TradingView charts, 100+ indicators, Kite Terminal Mode with multiple workspaces, Cover Orders, GTT — industry benchmark
- ★AngelOne SmartWeb: Clean interface, integrated ARQ Prime AI signals, research reports on chart — useful for non-technical traders
- ✓Kite Connect API: Most widely-adopted algo API in India with the largest developer ecosystem — supports equity, F&O, commodity and currency
- ★SmartAPI advantage: AngelOne's API includes integrated AI signals (ARQ Prime) which Kite Connect does not have — useful for AI-driven algo strategies
Zerodha: Best Web Platform
AngelOne: AI Research Integration
Zerodha: Kite Connect API
Do Zerodha and AngelOne support NRI accounts?
Yes — both Zerodha and AngelOne support NRI demat and trading accounts with NRE/NRO PIS (Portfolio Investment Scheme) accounts.
- ✓Zerodha NRI: Full NRE and NRO PIS support. Requires NRE/NRO bank account linked to the demat account. Additional ₹500/year NRI demat fee applies.
- ✓AngelOne NRI: NRE/NRO PIS accounts supported. AngelOne has a dedicated NRI services desk. Contact their support for NRI-specific account opening process.
- →Both require: PAN card, passport, overseas address proof, NRE/NRO bank account, and FEMA compliance for NRI trading in Indian markets
🌍 Both Zerodha and AngelOne are good choices for NRI investors. NRI accounts require additional documentation and FEMA-compliant bank accounts. Contact each broker's NRI desk for current documentation requirements before opening an account.
Is Zerodha safe? Is AngelOne safe?
Both are fully SEBI-regulated, CDSL-registered depositories. Your shares are held with CDSL — not the broker — and are completely safe.
- ✓Zerodha: SEBI Reg INZ000031633 · 6.87M clients · Founded 2010 · Bootstrapped, profitable · ₹4,700Cr+ net profit FY24 · Zero external debt
- ✓AngelOne: SEBI Reg INZ000161534 · Listed on NSE & BSE · Est. 1987 · Fully audited public company accounts · 100+ branches
- ✓Both: Shares held with CDSL — not accessible to the broker without your explicit TPIN consent
- ✓Both: 2-factor authentication, OTP-based login, SEBI-mandated fund segregation, encrypted data transmission
🔒 Safety of your demat account is governed by SEBI, CDSL and SEBI's fund segregation rules — not the broker. Both Zerodha and AngelOne are among the safest brokers in India.
What makes Zerodha different from AngelOne?
Zerodha's differentiation is its platform, order types, financial strength, and ecosystem. Both brokers offer MCX commodity trading — the differences lie in tools, support, and research.
- ✓Kite platform: The benchmark for trading UX in India — TradingView charts, 100+ indicators, Terminal Mode, GTT orders, Cover Orders
- ✓Financial health: Bootstrapped, zero debt, ₹5,000Cr+ profit in FY24 — most financially sound broker in India
- ✓Ecosystem: Zerodha Varsity (education) + Sensibull free + Coin (MF) + Streak (algo) + GoldenPi (Bonds & NCDs)
- ✓NRI support: NRE/NRO PIS accounts fully supported — AngelOne also supports NRI accounts
- !Limitation: No AI research advisory (ARQ Prime equivalent), fewer branches than AngelOne, no 24×7 support
Zerodha: Kite + Varsity + NRI
AngelOne: ARQ AI + Phone Support
Both: MCX Commodity + Currency F&O
What is AngelOne's ARQ Prime? Is it useful?
ARQ Prime is AngelOne's AI-powered research engine that provides personalised stock and MF recommendations. It's one of the most differentiating features of AngelOne vs Zerodha.
- ✓What ARQ does: Analyses 500+ parameters including fundamental, technical, and sentiment data to generate buy/sell signals for stocks and mutual funds
- ✓Cost: Included free with AngelOne account — no additional subscription needed
- !Limitation: AI signals are advisory — they are not guaranteed. All investment decisions remain with the investor. Past signal accuracy is mixed.
- →Zerodha equivalent: Zerodha has Sensibull (free for both Zerodha & AngelOne users) and Streak (algo), but no free AI stock advisory like ARQ Prime
💡 ARQ Prime is most useful for retail investors who don't have time to research individual stocks and want AI-guided shortlisting. For professional traders, Kite+Sensibull is still superior.
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