Zerodha
India's largest stockbroker by client base
4.6/ 5
Best for: Cost-conscious DIY investors who mainly buy-and-hold stocks or trade F&O occasionally.
Compare Zerodha with others →Angel One review
Full-service broker turned flat-fee app
4.2/ 5App: 4.3/5
- Since 1987
- Delivery ₹0
- AMC ₹0 first year, then ₹240/year
Open an account with Angel OneCompare Angel One →SEBI-registered stockbroker | Member: NSE, BSE, MCX
Fees & pricing4.2
Trading platforms4.0
Customer support4.1
Research & education4.3
Ease of opening4.3
Reviewed by LetsInvest Research DeskUpdated 13 Sept 2026Pricing verified 13 Sept 2026How we test
Overview
Angel One (formerly Angel Broking) combines advisory-led full-service roots with flat-fee discount pricing, offering stocks, F&O, IPOs, mutual funds and research.
Best for: Investors who want occasional research input without full-service brokerage rates.
Pros & cons
What we like
- Research and advisory alongside low pricing
- Strong presence in smaller cities
- IPO + mutual funds in one app
- Free account opening offers
Watch out for
- Platform feels cluttered to minimalists
- Advisory upsells can annoy DIY investors
- Pricing plans need careful reading
Fees & charges
Account charges
- Account openingOne-time charge to open your demat + trading account. Many discount brokers have made this free.
- ₹0Confirming
- Annual maintenance (AMC)Yearly demat maintenance, charged by the broker (separate from CDSL/NSDL custodian fees). Often free for the first year.
- ₹0 first year, then ₹240/yearConfirming
Equity
- Equity deliveryBrokerage when you buy shares and hold them overnight or longer. This is the charge long-term investors should minimise.
- ₹0Confirming
- IntradayBrokerage on same-day buy-sell trades. Percentage caps (e.g. 0.03%) protect small orders from the flat fee.
- ₹20 per orderConfirming
Derivatives (F&O)
- OptionsPer-order charge for options buying/selling. Excludes STT, exchange and SEBI charges, which apply equally everywhere.
- ₹20 per orderConfirming
- FuturesPer-order charge for futures trades. Same statutory extras as options apply on top.
- ₹20 per orderConfirming
Sources: official broker pricing pages. Figures marked “Confirming” are being re-verified — always confirm before trading.
Platforms & features
platforms
- Mobile app✓ · Angel One app
research
- Research & advisory✓ · ARQ + analyst recommendations
investing
- IPO investing✓ · UPI-based IPO applications
trading
- Trading API✓ · SmartAPI available
Our verdict
Angel One suits investors who value research access. Pure DIY traders may find Zerodha or Dhan cleaner.
How to open a Angel One account
Start your application
Open the Angel One signup with your mobile number and email — it takes about 10 minutes.
Complete e-KYC
Verify with PAN, Aadhaar-based OTP, a live selfie and your bank proof (cancelled cheque or statement).
E-sign documents
Digitally sign the account-opening form and nomination details via Aadhaar e-sign.
Get your client ID
Activation usually takes 24–48 hours. Your login credentials arrive by email and SMS.
Compare Angel One
Alternatives to Angel One
Groww
Beginner-friendly investing super-app
4.5/ 5
Best for: Beginners and mutual-fund investors who want one simple app for everything.
Compare Groww with others →Upstox
Low-cost broker with fast trading tools
4.3/ 5
Best for: Mobile-first traders and developers who use trading APIs.
Compare Upstox with others →Affiliate disclosure: LetsInvest earns a commission if you open an account via links on this page — at no extra cost to you. Rankings are editorial and never sold. Read how we make money and our methodology.
How we research. Every fee on this site carries a source and a verification date. Data is re-checked against official broker pages; read our editorial methodology. LetsInvest is a research publication, not a financial adviser — see our terms.