Which is best Angel One vs Zerodha?

Angel One is a full-service broker offering both traditional as well as online discount brokerage plans. In addition to trading and investment in stocks and commodities, it offers add-on services like free research & recommendations, in-person assistance, Wealth Management, etc.

Zerodha is a discount stock broker offering low-cost online trading services. It has the best online trading software. It doesn't offer add-ons like research, in-person assistance, or wealth management-related products.

Angel One vs Zerodha (Difference)

• Angel One is a full-service broker. Zerodha is an online discount broker.
• Angel provides research, trading tips, and recommendations. Zerodha doesn't have an in-house research team.
• Angel offers its services online as well as offline (through branches and dealers). Zerodha offers its services online only.
• Angel has a pan India presence with offices at 18,500 locations as of July 2021. Zerodha doesn't have a physical presence except for its Bangalore office.
• Angel One demat AMC is Rs 240. Zerodha charges Rs 300 per year.
• Zerodha is the most technologically advanced stock broker in India with the highest number of customers.
• Zerodha has much better self-serving and education awareness platforms than Angel One.
• Angel broking offers API for trading for free. Zerodha charges a monthly fee.

Angel One vs Zerodha (Similarities)

• Online trading services at BSE, NSE, and MCX.
• Brokerage free equity delivery trades.
• Flat Rs 20 per trade brokerage for intraday and F&O.
• Excellent trading platforms.
• Invest in direct mutual funds.
• API for trading.

Conclusion

Angel One is a good choice for beginners and those who need research advice & stock recommendations, desire branch office services, and need trading assistance. Zerodha is suitable for experienced and tech-savvy investors.