Detailed side-by-side comparison of brokerage rates, account maintenance fees, trading platforms, and user ratings to help you choose the winner for your trading style.
Full-stack discount broker with AI advisory ARQ Prime and free equity delivery
Disruptive zero-brokerage trading powered by banking giant Kotak Mahindra
| Feature / Metric | Angel One | Kotak Neo |
|---|---|---|
| Category | discount | zero brokerage |
| Active NSE Clients | 68+ Lakhs (Rank #3) | 15+ Lakhs (Rank #5) |
| Account Opening Fee | ₹0 (Free Online Demat) | ₹0 (Trade Free Youth) / ₹299 (Trade Free Plan) |
| Annual Maintenance Charges (AMC) | ₹0 for 1st Year, then ₹20/month + GST (₹240/yr) | ₹0 for 1st Year, then ₹300/year (₹0 for Youth under 30) |
| Equity Delivery Brokerage | ₹0 (Free Lifetime) | ₹0 (Trade Free Plan) / 0.25% (Standard) |
| Equity Intraday Brokerage | ₹20 or 0.25% (whichever is lower) per order | ₹0 (Zero Brokerage for Intraday across all segments) |
| Equity Options Brokerage | ₹20 flat per executed order | ₹0 (Trade Free Youth) / ₹20 per order (Trade Free Plan) |
| CDSL DP Charges (Per Sell Debit) | ₹15.50 + GST per debit transaction | ₹13.50 + GST per debit transaction |
| Margin Trading (MTF) Interest Rate | 14.99% p.a. (Margin Trading Facility up to 4x leverage) | 9.75% to 12.5% p.a. (One of India's cheapest MTF financing rates) |
| Developer / Algorithmic API | Free (SmartAPI with Python, Node.js, Java SDKs) | Free (Kotak Neo APIs with TradeAPI) |
| TradingView Chart Integration | ✓ Included | ✓ Included |
| NSE Complaint Ratio | 0.04% | 0.02% |
Traders wanting free research advisory reports combined with low discount brokerage and free algo APIs.
Traders under 30 seeking ₹0 brokerage, high-volume intraday equity traders, and MTF leverage seekers.
Simulate trades with live STT, SEBI, GST, Stamp Duty, and DP charges across top Indian stock brokers.
Zero Brokerage on Equity Delivery + Free Access to Coin & Varsity
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