DalalScope Brokerage calculator

Angel One vs Kotak Neo: which is cheaper?

Angel One is cheaper for delivery, and Kotak Neo for intraday, futures, options, currency futures, currency options, commodity futures and commodity options. On a ₹1 lakh delivery buy and sell, Angel One costs ₹293.28 and Kotak Neo ₹694.48 including taxes. Kotak Neo does not publish a DP charge, so its total leaves it out.

Checked 31 Oct 2026. Totals include 18% GST, STT, exchange and SEBI fees, stamp duty and the DP charge on delivery sells.

Who is cheaper, segment by segment

Each trade is one buy order and one sell order at the size shown.

Segment and tradeAngel OneKotak Neo Trade Free (30+)Cheaper
Equity delivery₹1 lakh buy + sell₹293.28₹694.48Angel One by ₹401.20
Equity intraday₹1 lakh buy + sell₹82.68₹59.08Kotak Neo by ₹23.60
Equity futures₹10 lakh contract₹612.75₹589.15Kotak Neo by ₹23.60
Equity options₹10,000 premium, buy + sell₹70.91₹47.31Kotak Neo by ₹23.60
Currency futures₹85,000 contract, buy + sell₹48.19₹24.59Kotak Neo by ₹23.60
Currency options₹1,000 premium₹47.94₹24.34Kotak Neo by ₹23.60
Commodity futures₹6 lakh contract, buy + sell₹150.35₹126.75Kotak Neo by ₹23.60
Commodity options₹10,000 premium₹62.39₹38.79Kotak Neo by ₹23.60

Angel One vs Kotak Neo on your own trade

Enter your own trade size. Totals include brokerage, 18% GST, STT, exchange and SEBI fees, stamp duty and, on delivery sells, the DP charge.

On this tradeAngel OneKotak NeoTrade Free (30+)
Brokerage₹40.00₹400.00
GST on brokerage₹7.20₹72.00
STT₹200.00₹200.00
Exchange and SEBI fees, with GST₹7.48₹7.48
Stamp duty₹15.00₹15.00
DP charge on the sell₹23.60Not published
Total₹293.28₹694.48

Angel One is ₹401.20 cheaper on this trade.

Small and large trades

Flat-fee plans cost the same at any size; percentage and per-lot plans grow with the trade.

TradeAngel OneKotak NeoCheaper
Equity delivery₹10,000, buy + sell₹69.45₹69.45About the same
Equity delivery₹5 lakh, buy + sell₹1,183.21₹3,472.41Angel One by ₹2,289.20
Equity delivery₹25 lakh, buy + sell₹5,632.83₹17,362.03Angel One by ₹11,729.20
Equity intraday₹5 lakh, buy + sell₹224.61₹201.01Kotak Neo by ₹23.60
Equity intraday₹25 lakh, buy + sell₹934.23₹910.63Kotak Neo by ₹23.60
Equity futures₹25 lakh contract, buy + sell₹1,461.07₹1,437.47Kotak Neo by ₹23.60
Equity options₹25,000 premium, 5 lots, buy + sell₹106.47₹82.87Kotak Neo by ₹23.60
Equity options₹1 lakh premium, 20 lots, buy + sell₹284.29₹260.69Kotak Neo by ₹23.60

Rate cards side by side

ChargeAngel OneKotak Neo Trade Free (30+)
Equity delivery₹20 or 0.1% (whichever is lower) (min ₹5)0.2% of trade value
Equity intraday₹20 or 0.1% (whichever is lower) (min ₹5)₹10 or 0.05% (whichever is lower)
Equity futures₹20 per order₹10 per order
Equity options₹20 per order₹10 per order
Currency futures₹20 per order₹10 per order
Currency options₹20 per order₹10 per order
Commodity futures₹20 per order₹10 per order
Commodity options₹20 per order₹10 per order
DP charge per sell₹23.60Not published
Demat AMC₹240/yrnot on plan page

Check before you choose

Angel One

  • Delivery is not free: ₹20 or 0.1%, with a ₹5 minimum.
  • ₹0 brokerage up to ₹500 in the first 30 days after onboarding.
  • Call & trade ₹20 per order; auto square-off at normal brokerage.

Kotak Neo

  • ₹10 on intraday and F&O, but delivery is 0.20% with no cap: ₹200 on a ₹1 lakh buy.
  • Existing clients pay ₹499 + GST to switch to this plan. Under 30? Trade Free Youth has ₹0 delivery.
  • DP charges are on a separate demat schedule, so they are not included here.

Common questions

Which is cheaper, Angel One or Kotak Neo?

Angel One is cheaper for delivery, and Kotak Neo for intraday, futures, options, currency futures, currency options, commodity futures and commodity options. On a ₹1 lakh delivery buy and sell, Angel One costs ₹293.28 and Kotak Neo ₹694.48 including taxes. Kotak Neo does not publish a DP charge, so its total leaves it out. Rates checked 31 Oct 2026.

More comparisons

Cheapest broker by segment