When a Retail Investor starts his/her investing journey they get confused as to which discount broker is better for them Angel Broking or Zerodha. Here are a few pros and cons of Angel broking and Zerodha to help you choose better.
Angel Broking | 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. | 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 | 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. |
