Zerodha vs Angel One: Charges, AMC & Costs (2026)
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Zerodha charges ₹0 delivery brokerage, while Angel One charges the lower of ₹20 or 0.1%. Zerodha’s AMC is ₹300 + GST a year after year one, against ₹20 + GST a month at Angel One. F&O is ₹20 per order at both. A ₹1,00,000 delivery round trip costs ₹237.82 on Zerodha and ₹293.28 on Angel One.
Last updated: October 2026
This page compares Zerodha and Angel One on what you actually pay: brokerage, AMC, DP charges and the total cost of three sample trades. Charges were checked against each broker’s published pricing in October 2026 and can change, so confirm before you open an account. This is information, not investment advice.
Zerodha vs Angel One: charges side by side
| Charge | Zerodha | Angel One |
|---|---|---|
| Account opening | ₹0 | ₹0 |
| Equity delivery brokerage | ₹0 | Lower of ₹20 or 0.1%; minimum ₹5 |
| Equity intraday brokerage | Lower of ₹20 or 0.03% | Lower of ₹20 or 0.1% |
| Futures and options | ₹20 per order (futures: lower of ₹20 or 0.03%) | ₹20 per order |
| Demat AMC | Free for the first year, then ₹300 + GST a year (non-BSDA) | Free for the first year, then ₹20 + GST a month |
| DP charge on sells | ₹15.34 per scrip sold including GST | ₹20 + GST per ISIN sold |
| Pledge | ₹30 + GST per ISIN (₹15 + GST for MTF) | ₹20 + GST per ISIN |
| Call and trade | ₹50 per order | ₹20 per order |
| Auto square-off | ₹50 per order (dealer-placed orders and auto square-off) | Normal brokerage, no extra penalty |
What the same trades cost on each broker
These examples add up brokerage, STT, exchange charges, SEBI fees, stamp duty, GST and the DP charge on a round trip (buy and sell). Delivery and intraday trades buy and sell ₹1,00,000 of shares once each. The options trade buys premium worth ₹50,000 and sells it for ₹60,000, with one lot per order. Amounts are rounded to the nearest paisa.
| Trade | Zerodha | Angel One |
|---|---|---|
| Delivery (₹1,00,000 buy and sell) | ₹237.82 | ₹293.28 |
| Intraday (₹1,00,000 buy and sell) | ₹82.68 | ₹82.68 |
| Options (₹50,000 buy, ₹60,000 sell) | ₹184.95 | ₹184.95 |
Delivery is where they differ: Zerodha costs ₹55.46 less on the ₹1,00,000 round trip. Intraday and options come out the same at these sizes because both cap brokerage at ₹20 per order. Angel One’s AMC after year one (₹240 + GST a year) is slightly below Zerodha’s ₹300 + GST, which narrows the gap a little for long-term holders. On smaller intraday orders Zerodha’s 0.03% is below Angel One’s 0.1%.
Zerodha or Angel One: what to weigh
Zerodha may suit you if:
- you mostly buy and hold shares, since delivery brokerage is ₹0
- you place small intraday orders, where 0.03% is lower than 0.1%
- you want a lower DP charge on each sell (₹15.34 including GST, against ₹23.60 at Angel One)
Angel One may suit you if:
- you want Angel One’s new-account offer of ₹0 brokerage up to ₹500 in the first 30 days
- you plan to use margin funding: Angel One lists 0% interest on borrowing up to ₹1 lakh for the first 30 days, then 14.99% a year
- you want a slightly lower AMC after the first year (₹240 + GST a year against ₹300 + GST; BSDA rules may change this for small holdings) and a lower call and trade charge (₹20 against ₹50)
Both statements describe published charges, not a recommendation. Your own order sizes, how often you trade and how long you hold shares decide which costs more. Use the brokerage calculator to test your own numbers.
Full charge breakdowns
See every charge, worked examples and FAQs on the Zerodha charges page and the Angel One charges page. More pairs are on the broker comparisons hub.
Zerodha vs Angel One: FAQs
Which is cheaper for delivery, Zerodha or Angel One?
Zerodha. Delivery brokerage is ₹0 on Zerodha and the lower of ₹20 or 0.1% (minimum ₹5) on Angel One. On a ₹1,00,000 buy and sell, total charges are ₹237.82 on Zerodha and ₹293.28 on Angel One.
Do Zerodha and Angel One charge the same for F&O?
Options are ₹20 per order at both. Futures are the lower of ₹20 or 0.03% at Zerodha and ₹20 at Angel One. On an options example with ₹50,000 bought and ₹60,000 sold, total charges are ₹184.95 on both.
Which has the lower AMC?
Both are free for the first year. After that Zerodha charges ₹300 + GST a year for non-BSDA accounts, and Angel One charges ₹20 + GST a month (₹240 + GST a year).
How do DP charges compare?
Zerodha charges ₹15.34 per scrip sold including GST. Angel One charges ₹20 + GST per ISIN sold, which is ₹23.60.
How do call and trade charges compare?
Zerodha charges ₹50 per order placed through a dealer. Angel One charges ₹20 per order.
Is STT different between brokers?
No. STT is set by the government: 0.1% on buy and sell for delivery, 0.025% on the sell side for intraday, 0.05% on the sell side for futures and 0.15% on the sell premium for options. It is the same at every broker.
Sources
Zerodha: Zerodha charges page. Angel One: Angel One charges page. STT, stamp duty, SEBI turnover fee and exchange transaction charges follow the rates set by the government, SEBI and the exchanges.
Brokerage, AMC and statutory charges change. This page is for information and education only, not investment advice.
