Let’s have a look at what are the pros and cons of Angel Broking vs Upstox vs Zerodha so that you can make the decision of choosing the best discount broker for yourself.
| Angel Broking | Upstox | Zerodha | |
| Pros | Free equity delivery trades are available. For Cash-N-Carry orders, there are no brokerage fees. Across sectors and exchanges, simple flat fee brokerage services are available (BSE, NSE, MCX). Pay a flat fee of Rs 20 per executed order across all categories, including equity intraday, futures and options, currency, and commodities. Allows for trading on commodities exchanges such as the MCX and NCDEX. Online trading platforms that are simple to use Research Reports of Excellent Quality Mobile, online, and trading terminal trading software are all available for free. | There is no charge to open an account. For trading in Equity Delivery, there is no commission (Cash & Carry). For mutual fund investments, there is no brokerage fee. For all other categories, there is a flat fee of Rs 20 per trade. Direct mutual funds are available. Trading software for mobile and web browsers is available for free. One app for stock, currency, and commodities trading. Margin Against Share is a feature that you can use. IPOs, FPOs, Bonds, and NCDs can all be purchased online. | In terms of active clients and exchange volume, it is India’s No. 1 broker. In India, we have the safest, most dependable, and technologically advanced broker. Across sectors and exchanges, simple flat fee brokerage services are available (BSE, NSE, MCX). Free equity delivery trades are available. For Cash-N-Carry orders, there are no brokerage fees. For all other categories, there is a flat fee of Rs 20 per trade. Kite is a free trading platform with excellent features. It is possible to invest directly in mutual funds. Orders for Good Until Triggered (GTT) are available. These are orders that are comparable to GTC orders. A trading account for non-resident Indians is offered. |
| Cons | There will be no margin money. The ‘Good until cancelled (GTC) order type is not available. It does not have a BTST option. Monthly plans with unlimited data are not available. There are no stock recommendations or advice. There is an extra price for call and trade. It charges an additional cost of Rs 50 for the broker’s auto-square-off. Charges for Demat debit transactions are higher. NRI Trading and Demat Account are not available at Upstox. At 3 p.m., there will be an intraday square-off. The majority of the other brokers do it at 3:15 p.m. There is no digital gold available. | It does not offer stock recommendations, research, or advice. A fee of Rs 50 is added to each order for Call & Trade. The cost of auto square off is Rs 50 per order. It does not provide a three-in-one account. There are no monthly unlimited trading subscriptions available. It does not provide a free AMC Demat account. There will be no margin money. |
Angel Broking vs Upstox vs Zerodha all are discount brokers but yet are different in providing features to their customers so we hope you got a brief idea on which stock broker to choose. Hope you liked the article but if you still have any questions leave them in the comment section below.
