Are you stuck and don’t know whether to pick Zerodha or Angel One for your demat account? Be careful, because choosing the wrong platform can cost you money and waste your time. But don’t worry, I am here to help! After checking 5 super important things, I’ll tell you which one is better for YOU. Let’s go! Before that, check out this article to know more info.
Customer Care Service
Do you like calling customer care for help? Zerodha is a bit better at this. Both Zerodha and Angel One take 3-4 minutes to connect, but Zerodha’s service feels smoother. Here is the official link for zerodha.
Brokerage Charges
Here’s the deal:
Zerodha has free delivery for buying stocks. Angel One charges a small brokerage of 0.1% or ₹20 per order max.
For options trading, both charge the same—flat ₹20 per executed order.
So, if you only buy stocks to keep them for a long time, Zerodha is slightly cheaper. But wait, there’s more!
Option Trading Features
Are you an options trader? Then you’ll like Angel One more because it lets you place FAR OTM orders, which Zerodha doesn’t. This makes Angel One better for serious options traders!
Account Opening and AMC Charges
Both Zerodha and Angel One give you free account opening. But for AMC (Annual Maintenance Charges), Zerodha charges ₹300+GST per year, while Angel One charges ₹240+GST per year, and the first year is free with Angel One.
Stock Recommendations
If you’re new to investing and don’t know which stock to buy or sell, Angel One’s app gives you free stock advice. It’s great for beginners who want some help picking stocks. Zerodha doesn’t offer this in its app.
So, What’s the Final Decision?
If you want super low delivery charges, Zerodha might be your pick. But if you trade options, need stock recommendations, or want lower AMC charges, Angel One is the better choice. It is also beginner-friendly, and you can learn to grow your money easily with it. You can open your free Angel One account here.
Remember, making the right choice is the first step to successful investing. Choose wisely and start your journey today.
Zerodha or Angel One