Kotak Neo Vs Angel One (Compare Kotak Neo and Angel One)

About Kotak Neo

Incorporated in 1994, Kotak Neo is a full-service stock broker offering 3-in-1 account (Bank + Trading + Demat Account) to retail investors in India. It offers investment in equities, derivatives (equities, commodities, currency) and mutual funds. It also offers services like Research SMS, margin trading, depository services and third-party products like insurance. The company also provides d... Know more about Kotak Neo

About Angel One

Incorporated in 1987, Angel One (Angel One) is one of the largest full-service retail broker in India offering online discount brokerage service. The company offers a wide range of investment and trading services including stock and commodity broking, investment advisory services, margin funding, loans against shares, and financial products distribution. Angel One has a strong neighborhood presenc... Know more about Angel One

Kotak Neo Vs Angel One

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Incorporated in 1994, Kotak Neo is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 153 branches across India. Incorporated in 1987, Angel One is a Discount Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 900 branches across India.

 Kotak NeoAngel One
Type of BrokerFull Service BrokerDiscount Broker
Exchnage MembershipBSE, NSE, MCX, NCDEXBSE, NSE, MCX, NCDEX
Year of Incorporation19941987
Number of Branches153900
Open Kotak Neo AccountOpen Angel One Account

Kotak Neo Vs Angel One Charges & AMC

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Kotak Neo trading account opening charges is Rs 0 (Free) while Angel One account opening changes is Rs 0 (Free). Kotak Neo Demat Account AMC Charges is Rs 600 and Angel One Demat Account AMC Charges is Rs 240.

 Kotak NeoAngel One
Trading Account Opening ChargesRs 0 (Free)Rs 0 (Free)
Trading Account AMC ChargesRs 0Rs 0 (Free)
Demat Account Opening ChargesRs 0 (Free)Rs 0 (Free)
Demat Account AMC ChargesRs 600Rs 240

Kotak Neo Vs Angel One Brokerage

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Kotak Neo Brokerage Charges for equity is 0.20% (free for the first 30 days) and intraday is Rs 10 per order or 0.05%, whichever is lower whereas Angel One brokerage charges for equity is Rs 20 per executed order and Intraday is Rs 20 per executed order.

Account TypeKotak Neo Trade Free PlanAngel One AngelOne
Fixed Charges
Equity Delivery0.20% (free for the first 30 days)Rs 20 per executed order
Equity IntradayRs 10 per order or 0.05%, whichever is lowerRs 20 per executed order
Equity FuturesRs 10 per orderRs 20 per executed order
Equity OptionsRs 10 per orderRs 20 per executed order
Currency FuturesRs 10 per orderRs 20 per executed order
Currency OptionsRs 10 per orderRs 20 per executed order
Commodity FuturesRs 10 per orderRs 20 per executed order
Commodity OptionsRs 10 per orderRs 20 per executed order
Special Offer
Special Offer:

Trade smarter with Kotak Neo low-cost plans.
₹10 per order – Intraday
₹10 per order – Futures & Options
₹0 Brokerage on Delivery Trades (Youth Plan*)

Open Instant Account Now

Special Offer:

Free account opening | ₹20 brokerage across segments| ₹0 Brokerage up to ₹500 for the first 30 days| Free tips

Open Instant Angel One Account Account

Kotak Neo Vs Angel One Brokerage Plan 2

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 Kotak NeoAngel One
Account TypeTrade Free YouthAngelOne
Fixed Charges
Equity DeliveryRs 0Rs 20 per executed order
Equity IntradayRs 10 per order or 0.05%, whichever is lowerRs 20 per executed order
Equity FuturesRs 10 per orderRs 20 per executed order
Equity OptionsRs 10 per orderRs 20 per executed order
Currency FuturesRs 10 per orderRs 20 per executed order
Currency OptionsRs 10 per orderRs 20 per executed order
Commodity FuturesRs 10 per orderRs 20 per executed order
Commodity OptionsRs 10 per orderRs 20 per executed order
Open Kotak Neo AccountOpen Angel One Account

Kotak Neo Vs Angel One Brokerage Plan 3

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 Kotak NeoAngel One
Account TypeTrade Free ProAngelOne
Fixed ChargesRs 249
Equity Delivery0.10% (free for the first 30 days)Rs 20 per executed order
Equity IntradayRs 10 per order or 0.05%, whichever is lowerRs 20 per executed order
Equity FuturesRs 10 per orderRs 20 per executed order
Equity OptionsRs 10 per orderRs 20 per executed order
Currency FuturesRs 10 per orderRs 20 per executed order
Currency OptionsRs 10 per orderRs 20 per executed order
Commodity FuturesRs 10 per orderRs 20 per executed order
Commodity OptionsRs 10 per orderRs 20 per executed order
Open Kotak Neo AccountOpen Angel One Account

Kotak Neo Charges Vs Angel One

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Minimum BrokerageEquity Rs 20
Other Charges
Call & Trade ChargesRs 49 + GST per executed orderAdditional Rs 20 per executed order
Open Kotak Neo AccountOpen Angel One Account

Kotak Neo Vs Angel One Leverage (Margin)

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Kotak Neo margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Angel One margin for intraday trading is up to 20% of the trade value (4x leverage) based on the stock.

 Kotak NeoAngel One
Equity Delivery100% of trade value (1x leverage)100% of trade value (1x leverage)
Equity IntradayUp to 20% of trade value (5x leverage)Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm)100% of NRML margin (Span + Exposure) (1x leverage)100% of NRML margin (Span + Exposure) (1x leverage)
Open Kotak Neo AccountOpen Angel One Account

Compare Kotak Neo and Angel One Features

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The trading platforms offered Kotak Neo include Kotak Neo Trading App, Kotak Neo Web, Nest Trading Terminal. Angel One offers Angel One App (Mobile), Angel Eye (Website), Angel Speedpro (Trading Terminal) trading software.

 Kotak NeoAngel One
3 in 1 AccountYesNo
Automated TradingYesYes
Margin Trading FundingYesYes
Margin Against Shares (Equity Cash)YesYes
Margin Against Shares (Equity F&O)YesYes
Trading PlatformKotak Neo Trading App, Kotak Neo Web, Nest Trading TerminalAngel One App (Mobile), Angel Eye (Website), Angel Speedpro (Trading Terminal)
Intraday Square-off Time3:20 P.M3:15 PM
Trading In SME Shares Allowed?YesNo
Referral ProgramNoYes
Other Features3-in-1 accountDaily, weekly and monthly reports of Equity, F&O, Commodities and Currency
Open Kotak Neo AccountOpen Angel One Account

Kotak Neo Vs Angel One Review

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Kotak Neo is rated of 5 based on 202 customer reviews whereas Angel One is rated of 5 based on 282 customer reviews.

 Kotak NeoAngel One
 202 Customer Reviews    Rate Kotak Neo282 Customer Reviews    Rate Angel One
FeesRated 2.4 starsRated 3.0 stars
BrokerageRated 2.3 starsRated 3.0 stars
Trading PlatformRated 3.2 starsRated 3.0 stars
Customer ServiceRated 2.8 starsRated 2.5 stars
Research CapabilitiesRated 2.7 starsRated 2.7 stars
Overall RatingRated 2.4 starsRated 2.7 stars
Broker RatingKotak Neo is Rated 2.4 / 5 based on 202 customer reviewsAngel One is Rated 2.7 / 5 based on 282 customer reviews

Contact Broker / Request A Call Back

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 Kotak NeoAngel One
Contact Broker

Trade smarter with Kotak Neo low-cost plans.
₹10 per order – Intraday
₹10 per order – Futures & Options
₹0 Brokerage on Delivery Trades (Youth Plan*)

Open Instant Account Now

Free account opening | ₹20 brokerage across segments| ₹0 Brokerage up to ₹500 for the first 30 days| Free tips

Open Instant Angel One Account Account

Kotak Neo Vs Angel One Investment Options

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 Kotak NeoAngel One
Stock / EquityYesYes
CommodityYesYes
IPOYesYes
Mutual FundsYesYes
Bond / NCDYesYes
DebtYesYes

Kotak Neo Vs Angel One Suitable For Investor Type

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 Kotak NeoAngel One
Casual InvestorYesNo
Active InvestorYesYes
TraderNoYes

Kotak Neo Vs Angel One - Pros and Cons

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 Kotak NeoAngel One
Pros
  • Kotak Neo is a bank-based broker offering a 3-in-1 account.
  • Brokerage free intraday trading with online trading plans.
  • Zero brokerage across all segments for investors up to the age of 30 years.
  • Company is part of leading private bank (Kotak Mahindra Bank).
  • NEST trading platform is available for frequent traders.
  • Charges are lowest amoung bank-based brokers.
  1. The brokerage of flat Rs 20 per trade across all trading segments.
  2. Easy-to-use online trading platforms
  3. Free research reports and trading tips.
  4. Margin trading facility and securities as collateral are available.
  5. Do not charge for NEFT/fund transfers. (Others charge ~Rs 10 per).
  6. Only charges Rs 20 for intraday square-off and call & trade (others charge Rs 50).
  7. Free advisory/tips for stocks and mutual funds (Others do not).
  8. Local sub-broker/RM services even at a discount brokerage.
  9. Facility to call RM if there are issues (Other popular brokers always have busy lines).
Cons
  • High Equity delivery brokerage charges.
  • High demat AMC changes.
  • Kotak Neo website and mobile app is not as good as new age brokers like Zerodha and Upstox.
  • A widely advertised Zero Stock Delivery Brokerage Plan is available only to investors up to the age of 30 years.
  • The account switching fees for existing clients is Rs 499.
  • Margin funding facility causes confusion amount investors who ended up paying high interest charges unknowingly.
  1. Margin funding is given to the customers without notice. This cases major confusion and customer paying hefty interest charges.
  2. Angel broking doesn't offer trading in SME share.
  3. Angel RM and sales team tries to cross sale other products and services.
  4. GTC/GTT order facility not available.
  5. Doesn't offer 3-in-1 account.
Reviews
Promo / Offers

Kotak Neo Special Offer

Kotak Neo Trade Free Plan

Open a 3-in-1 account and get:

  • Brokerage – Rs 10 Intraday trades (Equity and F&O)
  • Flat Rs 10 per trade brokerage in F&O
  • Zero API charges with zero brokerage on API-routed trades
  • Margin Trading Facility (MTF) with interest starting from 0.041% per day

Interested in opening a trading account? Open Instant Account Now

Angel One Special Offer

Start your investing journey with one of India’s most cost-effective trading platforms

  • Nil Account Opening Charges
  • ₹0 account maintenance charges for the first year
  • ₹0 brokerage up to ₹500 for the first 30 days
  • 0% MTF interest up to ₹1 lakh for the first 30 days
  • Transparent pricing - ₹20/order brokerage plan
  • Trade on Angel One Super App and web platform
Open FREE Angel One Trading Account

Open Kotak Neo AccountOpen Angel One Account
Compare Kotak NeoCompare Angel One
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Side-by-Side Comparison of Broker

Kotak Neo-vs-Angel One - Broker Comparison