Angel One vs Zerodha
How Angel One and Zerodha compare on brokerage, demat AMC and DP charges — verified as of Jun 2026.
By NexMaxo Editorial Team · Charges verified Jun 2026
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Quick take
Zerodha gives free equity delivery (₹0) while Angel One charges ₹20 or 0.1%, lower (min ₹5), so Zerodha is cheaper for delivery-based investing.
Angel One — cost-conscious investors and intraday/f&o traders who want a flat-fee broker with a big all-in-one app and a free algo api.
Zerodha — long-term, diy investors who want free equity delivery, a clean fast app, and low flat-fee intraday/f&o without cross-selling.
Charges side by side
| Angel OneOpen | ZerodhaOpen | |
|---|---|---|
| Equity delivery | ₹20 or 0.1%, lower (min ₹5) | ₹0 brokerage |
| Intraday | ₹20 or 0.1%, lower (min ₹5) | ₹20 or 0.03%, lower |
| DP sell / scrip | ₹23.6 | ₹15.34 |
| Account opening | ₹0 | ₹0 (online individual) |
| Demat AMC | ₹0 first year, then ₹60 + GST/quarter (~₹283/yr) | ₹0 first year, then ₹300 + GST (₹354)/yr |
| Type | Discount | Discount |
Standard published equity plans, verified Jun 2026. Statutory STT, exchange, SEBI, stamp duty & GST are identical across brokers.
Angel One
- Free equity delivery for the first 30 days, then capped at ₹20/order; flat ₹20-or-0.1%-lower intraday and F&O
- ₹0 account opening and ₹0 AMC in year one; BSDA keeps AMC at ₹0 for holdings under ₹4 lakh
- Free SmartAPI for algo trading with no monthly subscription
- Delivery isn't permanently free — after 30 days it costs up to ₹20/order (min ₹5)
- DP charge of ₹23.60 per scrip on every delivery sell
Zerodha
- Zero brokerage on equity delivery + flat ₹20-or-lower intraday/F&O — among the cheapest, fully transparent pricing
- Largest retail broker by active clients, with the well-regarded, stable Kite platform
- First-year demat AMC free and ₹0 online account opening; no pushy in-app cross-selling or relationship managers
- No 3-in-1 account (no in-house bank); funds move via UPI/payment gateway rather than a linked savings account
- Kite Connect API is paid (≈₹500/mo); no built-in research, stock tips or analyst recommendations
Angel One vs Zerodha — FAQs
Zerodha gives free equity delivery (₹0) while Angel One charges ₹20 or 0.1%, lower (min ₹5), so Zerodha is cheaper for delivery-based investing. On intraday, Angel One charges ₹20 or 0.1%, lower (min ₹5) and Zerodha ₹20 or 0.03%, lower. The DP sell charge is ₹23.6 (Angel One) vs ₹15.34 (Zerodha). Statutory charges are identical across brokers.
Angel One is a discount broker — cost-conscious investors and intraday/f&o traders who want a flat-fee broker with a big all-in-one app and a free algo api. Zerodha is a discount broker — long-term, diy investors who want free equity delivery, a clean fast app, and low flat-fee intraday/f&o without cross-selling.
Either works to start. Look at the demat AMC (Angel One: ₹0 first year, then ₹60 + GST/quarter (~₹283/yr); Zerodha: ₹0 first year, then ₹300 + GST (₹354)/yr), whether delivery is free, and which app you find simpler. Both hold your shares safely with CDSL/NSDL. This is information, not advice.
This is an informational comparison of published charges, not investment advice. Brokers change pricing and run promotions — confirm current rates on each broker's official charges page before opening. Investing carries market risk.