Zerodha vs Angel One 2026 — Which is Better for IPO?
Side-by-side comparison of Zerodha and Angel One on IPO features, fees, app ratings, and platform capabilities. Updated for 2026.
Zerodha
★ 4.5 · 1.6 Cr+ · Kite
Wins on
- ✓Higher IPO rating (4.8★)
- ✓Higher app rating (4.4★)
- ✓Faster IPO application (2 min)
Loses on
- ✗Lower AMC (₹240/year)
- ✗NRI IPO support
Angel One
★ 4.1 · 2 Cr+ · Angel One Super App
Wins on
- ✓Lower AMC (₹240/year)
- ✓NRI IPO support
Loses on
- ✗Higher IPO rating (4.8★)
- ✗Higher app rating (4.4★)
- ✗Faster IPO application (2 min)
| Feature | Zerodha★ 4.5 | Angel One★ 4.1 |
|---|---|---|
| IPO Features | ||
| IPO Rating | ★ 4.8 | ★ 4.3 |
| Application Time | 2 min | 3 min |
| UPI ASBA | ✅ | ✅ |
| Net Banking ASBA | ✅ | ✅ |
| SME IPO Support | ✅ | ✅ |
| NRI IPO Support | ❌ | ✅ |
| Fees | ||
| Account Opening | Free | Free |
| Annual Maintenance | ₹300/year | ₹240/year |
| Equity Delivery | Free | Free |
| Intraday | ₹20/order | ₹20/order |
| F&O | ₹20/order | ₹20/order |
| DP Charge (sell) | ₹15.34 + GST | ₹20 + GST |
| Platform | ||
| App Rating | 4.4 / 5 | 4.2 / 5 |
| Trading Platform | Kite | Angel One Super App |
| Founded | 2010 | 1987 |
| Open account | Active traders Open Zerodha | NRI investors & research users Open Angel One |
Verdict — Which Should You Choose?
Choose Zerodha if you are active traders. Key strengths versus Angel One: Higher IPO rating (4.8★); Higher app rating (4.4★); Faster IPO application (2 min).
Choose Angel One if you are nri investors & research users. Key strengths versus Zerodha: Lower AMC (₹240/year); NRI IPO support.
Frequently Asked Questions
Which is better for IPO — Zerodha or Angel One?
Zerodha has the higher overall IPO rating (4.8/5). Zerodha is best for active traders, while Angel One is best for nri investors & research users.
Which broker has lower charges — Zerodha or Angel One?
Angel One has lower AMC charges. Zerodha AMC is ₹300/year; Angel One AMC is ₹240/year. Equity delivery: Zerodha Free; Angel One Free.
Can I apply for SME IPOs on both Zerodha and Angel One?
Zerodha and Angel One support SME IPO applications.
Does Zerodha or Angel One support NRI investors?
Only Angel One supports NRI IPO applications. Zerodha does not.
Which broker is better for beginners — Zerodha or Angel One?
Zerodha is generally better for beginners. Zerodha platform: Kite (4.4/5). Angel One platform: Angel One Super App (4.2/5).