The comparison between Anand Rathi, Angel One, and Zerodha highlights the major differences in their services and features, including overall ratings, brokerage charges, trading platforms, investment offerings, and customer service quality. Anand Rathi is known for its user-friendly trading experience and reliability, while Angel One stands out for offering competitive brokerage rates and an advanced mobile trading platform. Zerodha provides an excellent balance of technology, research tools, and responsive customer support. In terms of active clients, the brokers report approximately 149,849, 3.46 crore, and 796 lakhs users respectively, reflecting their popularity among investors. Overall, this comparison of Anand Rathi, Angel One, and Zerodha helps traders and investors choose the most suitable broker based on features, pricing, and platform performance.
Services / Features
The services/features comparison between Anand Rathi, Angel One, and Zerodha reveals significant differences in their offerings. Anand Rathi provides 4 for Overall Rating, while Angel One offers 4.5 and Zerodha features 4.
| Services / Features | Anand Rathi | Angel One | Zerodha |
|---|---|---|---|
| Overall Rating | ★★★★★ | ★★★★★ | ★★★★★ |
| Brokerage Charges | ★★★★★ | ★★★★★ | ★★★★★ |
| Trading Platform | ★★★★★ | ★★★★★ | ★★★★★ |
| Investments Offering | ★★★★★ | ★★★★★ | ★★★★★ |
| Customer Service | ★★★★★ | ★★★★★ | ★★★★★ |
| Broker Type | Full Service Broker | Full Service Broker | Discount Broker |
| Exchanges Supported | NSE, BSE, MCX | NSE, BSE | NSE, BSE, MCX |
| Active Clients | 149,849 | 3.46 crore | 796 lakhs |
| Broker Overview | Anand Rathi Review | Angel One Review | Zerodha |
Account Opening Charges and AMC
The account opening charges and AMC comparison between Anand Rathi, Angel One, and Zerodha reveal significant differences in their offerings. Anand Rathi provides N/A trading and demat account opening, while Angel One offers Zero and Zerodha features N/A.
| Account Opening Charges and AMC | Anand Rathi | Angel One | Zerodha |
|---|---|---|---|
| Trading Account Opening | — | Zero | — |
| Trading AMC | — | ₹500 per year | ₹300 |
| Demat Account Opening | — | Zero | — |
| Demat AMC | — | ₹500 per year | ₹300 |
| Provide DP Service | Yes | Yes | Yes |
Brokerage Plans
The brokerage plans comparison between Anand Rathi, Angel One, and Zerodha reveals significant differences in their offerings. Anand Rathi provides - plans, while Angel One offers - and Zerodha features No.
| Brokerage Plans | Anand Rathi | Angel One | Zerodha |
|---|---|---|---|
| Multiple Plans | - | - | No |
| Monthly Plans | - | - | No |
| Yearly Plans | - | - | No |
Brokerage Charges
This comparison between Anand Rathi, Angel One, and Zerodha reveals significant differences in their brokerage charges. Anand Rathi charges 0.20% brokerage on equity delivery and intraday, 0.02% for futures, and Rs 50 per lot for options. Angel One charges ₹20 or 0.1% brokerage on equity delivery and intraday, ₹20 for futures, and ₹20 for options. Zerodha charges Zero brokerage on equity delivery and intraday, ₹20 or 0.03% for futures, and ₹20 for options.
| Brokerage Charges | Anand Rathi | Angel One | Zerodha |
|---|---|---|---|
| Plan Name | - | - | |
| Equity Delivery | 0.20% | ₹20 or 0.1% | Zero |
| Equity Intraday | 0.02% | ₹20 or 0.03% | ₹20 or 0.03% |
| Equity Futures | 0.02% | ₹20 | ₹20 or 0.03% |
| Equity Options | Rs 50 per lot | ₹20 | ₹20 |
| Currency Futures | 0.02% | ₹20 | ₹20 or 0.03% |
| Currency Options | Rs 20 per lot | ₹20 | ₹20 |
| Commodity Futures | 0.02% | ||
| Commodity Options | Rs 100 per lot | ||
| Hidden Charges | No | No | No |
| Call & Trade Charges | 50 + GST | ₹20 + GST | ₹50 per order |
| Auto Square Off Charges | 50 + GST | ₹20 + GST | ₹50 per order |
| Brokerage Calculator |
Transactions Charges
This comparison between Anand Rathi, Angel One, and Zerodha reveals significant differences in their transactions. Anand Rathi provides NSE Rs 297 per Cr (0.00297%) | BSE Rs 375 per Cr (0.00375%) (sell side) for Transaction Charges Equity Delivery, while Angel One offers NSE: 0.00297% BSE*: As Per The Stock Group and Zerodha features NSE: 0.00297% BSE: 0.00375%.
| Transactions Charges | Anand Rathi | Angel One | Zerodha |
|---|---|---|---|
| Equity Delivery | NSE Rs 297 per Cr (0.00297%) | BSE Rs 375 per Cr (0.00375%) (sell side) | NSE: 0.00297% BSE*: As Per The Stock Group | NSE: 0.00297% BSE: 0.00375% |
| Equity Intraday | NSE Rs 297 per Cr (0.00297%) | BSE Rs 375 per Cr (0.00375%) (sell side) | NSE: 0.00297% BSE*: As Per The Stock Group | NSE: 0.00297% BSE: 0.00375% |
| Equity Futures | NSE Rs 173 per Cr (0.00173%) | BSE Rs 0 | NSE: 0.00173% BSE: 0 | NSE: 0.00173% |
| Equity Options | NSE Rs 3503 per Cr (0.03503%) | BSE Rs 325 per Cr (0.00325%) | NSE: 0.03503% BSE: Sensex 50/Stock options 0.0050% Sensex/Bankex options 0.0325% | NSE: 0.03503% BSE: 0.0325% |
| Currency Futures | NSE Rs 35 per Cr (0.00035%) | BSE Rs 45 per Cr (0.00045%) | NSE: 0.00035% BSE: 0.00045% | NSE: 0.00035% BSE: 0.00045% |
| Currency Options | NSE Rs 3110 per Cr (0.0311%) | BSE Rs 100 per Cr (0.001%) (on premium) | NSE: 0.0311% BSE: 0.001% | NSE: 0.0311% BSE: 0.001% |
| Commodity | — | MCX 0.0418% NCDEX Options 0.03% | MCX: 0.0418% NSE: 0.001% |
Account Features
These are the notable distinctions in the account features of Anand Rathi, Angel One, and Zerodha when compared.
| Account Features | Anand Rathi | Angel One | Zerodha |
|---|---|---|---|
| 3-in-1 Account | No | No | No |
| Charting | Yes | Yes | Yes |
| Algo Trading | Yes | Yes | Yes |
| SMS Alerts | Yes | Yes | Yes |
| Online Demo | Yes | Yes | Yes |
| Online Portfolio | Yes | Yes | Yes |
| Margin Trading Funding Available | Yes | Yes | Yes |
| Combined Ledger for Equity and Commodity | Yes | Yes | Yes |
| Intraday Square-off Time | 3:20 PM | Yes | 3:20 PM |
| NRI Trading | Yes | Yes | Yes |
Trading Platforms
The trading platforms comparison between Anand Rathi, Angel One, and Zerodha reveals significant differences in their offerings. Anand Rathi, Angel One and Zerodha provide web trading platforms and mobile trading platforms.
| Trading Platforms | Anand Rathi | Angel One | Zerodha |
|---|---|---|---|
| Web Trading Platform | Yes | Yes | Yes |
| Web Trading Detail | Anand Rathi | Yes | Zerodha |
| Mobile Trading | Yes | Yes | Yes |
| Mobile Trading App | Yes | Yes | Yes |
| Android Mobile App | Yes | Yes | Yes |
| Android App Download | Yes | Yes | Yes |
| iPhone Mobile App (iOS) | Yes | Yes | Yes |
| iOS App Download | Download | Yes | Download |
| Android Tablet App | Yes | Yes | yes |
| iPad App (iOS) | Yes | Yes | Yes |
| Trading Software Charges | Nil | Zero | Zero |
Broker Ratings
The broker ratings comparison between Anand Rathi, Angel One, and Zerodha reveals significant differences in their offerings. Anand Rathi provides 4.2 for Fees Ratings, while Angel One offers 4.4 and Zerodha features 4.5.
| Broker Ratings | Anand Rathi | Angel One | Zerodha |
|---|---|---|---|
| Fees Ratings | 4.2 | 4.4 | 4.5 |
| Trading Brokerage Rating | 4.2 | 4.4 | 4.5 |
| Trading Platform Usability | 4 | 4.3 | 4.8 |
| Customer Service Ratings | 3.9 | 4.4 | 4.4 |
| Overall Ratings | 4 | 4.4 | 4.6 |
Investment Offerings
This comparison between Anand Rathi, Angel One, and Zerodha reveals significant differences in their investment offerings. Anand Rathi provides investment offerings in Yes, mutual funds and offers trades in currency and commodities, while Angel One provides investment offerings in Yes, mutual funds and offers trades in currency and commodities and Zerodha provides investment offerings in Yes, mutual funds and offers trades in currency and commodities.
| Investment Offerings | Anand Rathi | Angel One | Zerodha |
|---|---|---|---|
| Equity Cash and F&O | Yes | Yes | Yes |
| Currency Derivatives | Yes | Yes | Yes |
| Commodity | Yes | Yes | Yes |
| Online IPO Application | Yes | Yes | Yes |
| Mutual Funds | Yes | Yes | Yes |
| Bond / NCD | Yes | Yes | Yes |
| ETF | Yes | Yes | Yes |
| Banking | No | No | No |
| Insurance | No | No | No |
| Forex | Yes | Yes | Yes |
| MF SIP Investment | Yes | Yes | Yes |
| Equity SIP Investment | Yes | Yes | Yes |
| PMS Service | Yes | Yes | Yes |
| Other Investment Options | Yes | Yes | Yes |
Customer Support
The comparison between Anand Rathi, Angel One, and Zerodha reveals significant differences in their Customer Support. Anand Rathi provides No, while Angel One offers Yes and Zerodha features No.
| Customer Support | Anand Rathi | Angel One | Zerodha |
|---|---|---|---|
| 24/7 Customer Service | No | Yes | No |
| Email Support | Yes | Yes | Yes |
| Online Live Chat | Yes | Yes | Yes |
| Phone Support | Yes | Yes | Yes |
| Toll Free Number | 1800 420 1004 | — | No |
| Through Branches | Yes | — | Yes |
| Customer Care Number | 0291 666 1001 | 18001020 | 080 4718 1888 |
| Account Opening Process | Online/Offline | Online/Paperless | Online/Paperless |
| Customer Support Email | [email protected] | [email protected] | [email protected] |
| Knowledge Center / Education | — | https://www.angelone.in/knowledge-center | https://zerodha.com/z-connect/ |
| Head Office Address | Express Zone A Wing 10th Floor, Western Express Highway, Goregaon East, Mumbai – 400063 | 601, 6th Floor, Ackruti Star, Central Road, MIDC, Andheri East, Mumbai – 400093 | Zerodha, #153/154, |
| Website | https://anandrathi.com/ | https://www.angelone.in/ | https://zerodha.com/ |
Research and Reports
The research and reports comparison between Anand Rathi, Angel One, and Zerodha reveals significant differences in their offerings.
| Research and Reports | Anand Rathi | Angel One | Zerodha |
|---|---|---|---|
| Research Mutual Funds | Yes | Yes | Yes |
| Research Equity Reports | Yes | Yes | Yes |
| Research ETF | Yes | Yes | Yes |
| Daily Market Report | Yes | Yes | Yes |
| Free Tips | No | No | No |
| Quarterly Result Analysis | Yes | Yes | Yes |
| News Alerts | Yes | Yes | Yes |
Demat Account Charges
This comparison between Anand Rathi, Angel One, and Zerodha reveals significant differences in their demat account charges. Anand Rathi provides CDSL & NSDL for DP Source, while Angel One offers CDSL and Zerodha features CDSL.
| Demat Account Charges | Anand Rathi | Angel One | Zerodha |
|---|---|---|---|
| DP Source | CDSL & NSDL | CDSL | CDSL |
| DP ID | 437-2019 | 384-2018 | 431-2019 |
| Demat Account Annual Maintenance Charges (AMC) | — | ₹2950 Lifetime AMC | ₹300 |
| Advance Deposit | No | No | No |
| Transaction Charges on Debit (Per ISIN) | Rs 15 Per ISIN [For POA clients]; Rs 25 Per ISIN [For Non POA clients] | — | ₹40 per executed order |
| Demat | Rs 3 per certificate + Rs 35 per request | — | ₹15.34 per scrip |
| Remat | Rs 15 for every 100 securities or a Flat fee of Rs 15 per certificate | — | ₹15.34 per scrip |
| Pledge Creation | 0.01% of value or min Rs 50 per request | ₹20 + GST | ₹30 + GST |
| Pledge Creation Confirmation | Nil | Yes | Yes |
| Pledge Closure | 0.01% of value or min Rs 50 per request | ₹20 + GST | ₹30 + GST |
| Pledge Closure Confirmation | Nil | Yes | Yes |
| Pledge Invocation | 0.01% of value or min Rs 50 per request | ₹20 + GST | ₹30 + GST |
| Failed Instruction Charges | Rs 25 per Instruction | - | ₹450 |
| Other Charges | — | - | Zero |
Advantages and Disadvantages
| Broker | Pros | Cons |
|---|---|---|
| Anand Rathi |
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| Angel One |
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| Zerodha |
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User Experience: Buying Stocks
Anand Rathi – User Trading Experience
Account Opening Experience: Account opening is fully online with digital KYC, typically activated within 1–3 working days.
Platform & Order Execution: The platform rating is 4/5. Mobile trading app ensures real-time order execution and portfolio tracking.
Brokerage Transparency: Intraday brokerage is 0.02%, and charges are shown before order confirmation.
Advanced Features: Supports algorithmic trading for strategy-based investors. Margin trading facility increases buying power.
Research & IPO: Provides equity research reports. Supports online IPO applications.
Customer Support: Customer service rating is 3.9/5.
Market Presence: Around 149,849 active clients use this broker.
Angel One – User Trading Experience
Account Opening Experience: Account opening is fully online with digital KYC, typically activated within 1–3 working days.
Platform & Order Execution: The platform rating is 4.5/5. Mobile trading app ensures real-time order execution and portfolio tracking.
Brokerage Transparency: Intraday brokerage is ₹20 or 0.03%, and charges are shown before order confirmation.
Advanced Features: Supports algorithmic trading for strategy-based investors. Margin trading facility increases buying power.
Research & IPO: Provides equity research reports. Supports online IPO applications.
Customer Support: Customer service rating is 4.4/5.
Market Presence: Around 3.46 crore active clients use this broker.
Zerodha – User Trading Experience
Account Opening Experience: Account opening is fully online with digital KYC, typically activated within 1–3 working days.
Platform & Order Execution: The platform rating is 4/5. Mobile trading app ensures real-time order execution and portfolio tracking.
Brokerage Transparency: Intraday brokerage is ₹20 or 0.03%, and charges are shown before order confirmation.
Advanced Features: Supports algorithmic trading for strategy-based investors. Margin trading facility increases buying power.
Research & IPO: Provides equity research reports. Supports online IPO applications.
Customer Support: Customer service rating is 4.4/5.
Market Presence: Around 796 lakhs active clients use this broker.
Frequently Asked Questions
The account opening charges vary significantly: Anand Rathi charges Not specified, Angel One charges Zero, and Zerodha charges Not specified. When considering AMC, investors should evaluate the overall cost structure along with the features and services provided by each broker.
Brokerage charges differ across platforms: Anand Rathi offers 0.02% for equity intraday, Angel One provides ₹20 or 0.03%, and Zerodha charges ₹20 or 0.03%. The actual costs may vary based on trading volume, account type, and specific plans offered by each broker.
All three brokers provide diverse investment opportunities: Anand Rathi offers 4, Angel One provides 4, and Zerodha features 5. The platforms support equity trading, derivatives, mutual funds, and other financial instruments suitable for different investor profiles.
Customer support quality varies: Anand Rathi has 4 support, Angel One offers 4, and Zerodha provides 4. Support channels typically include phone, email, live chat, and branch services, with response times and availability differing between brokers.
Platform usability ratings show: Anand Rathi with 4, Angel One with 4.3, and Zerodha with 4.8. The best interface depends on individual preferences - some users prefer simplicity while others need advanced features and customization options.
Yes, mutual fund and stock investing is available across all platforms: Anand Rathi (Yes), Angel One (Yes), and Zerodha (Yes). All three brokers provide comprehensive access to equity markets and mutual fund investments through their respective platforms.
For beginners, the choice depends on specific needs: Anand Rathi offers user-friendly platforms with educational resources, Angel One provides competitive pricing with intuitive interfaces, and Zerodha combines ease of use with comprehensive investment options. Beginners should consider factors like ease of account opening, customer support quality, educational content, and platform simplicity when making their decision.
All three brokers offer robust mobile trading apps with different strengths: Anand Rathi focuses on intuitive design and quick execution, Angel One emphasizes advanced charting and analysis tools, while Zerodha balances simplicity with comprehensive features. The mobile apps are available for both iOS and Android devices with regular updates and feature enhancements.
Stock Broker Review
Anand Rathi
Angel One
