Broker comparison
Angel One vs Kotak Neo (Kotak Securities) (2026): Brokerage, API, AMC & Execution Compared
Side-by-side comparison of Angel One and Kotak Neo (Kotak Securities) from published official pricing and features — no affiliation with either broker.
- 1 – 3Cheaper on example trades (Angel One – Kotak Neo (Kotak Securities))
- 6 – 6Published features (of 9)
| Metric | Angel One | Kotak Neo (Kotak Securities) |
|---|---|---|
| Delivery brokerage | ₹20 or 0.1% per order (whichever is lower), minimum ₹5 | 0.20% per order (Trade Free); 0.10% on Trade Free Pro (₹249/month) |
| Intraday brokerage | ₹20 or 0.1% per order (whichever is lower), minimum ₹5 | ₹10 or 0.05% per order (whichever is lower) |
| F&O brokerage | ₹20 per order (flat) | ₹10 per order (flat) |
| AMC | Free first year, then ₹60 + GST per quarter (non-BSDA) | Not Disclosed |
| Account opening | Free (online) | Free (online) |
| Trading API | SmartAPI — Free (per official SmartAPI page) | Kotak Neo Trade API — Free (per official page) |
| Reported execution speed | ≈ 95 ms (median) | ≈ 80 ms (median) |
| Algo support | Yes - free SmartAPI with multi-language SDKs | Yes - via Neo Trade API |
| Platforms | Angel One app, Angel One web, SpeedPro | Kotak Neo app, Kotak Neo web, NEST terminal |
| Best for (published) | Traders who want flat-fee pricing plus research, or a free multi-language API. | Kotak Bank customers wanting integrated broking with research. |
Statutory charges (STT, exchange fees, GST, etc.) are not included. Figures are from official pricing pages at our last review — verify before opening an account.
Cost face-off: what real trades cost
| Trade | Angel One | Kotak Neo (Kotak Securities) | Cheaper |
|---|---|---|---|
| Intraday: ₹1 lakh buy & sell | ₹82.97 | ₹59.37 | Kotak Neo (Kotak Securities) (saves ₹23.6) |
| Delivery: ₹50,000 buy & sell | ₹178.98 | ₹379.58 | Angel One (saves ₹200.6) |
| Options: premium ₹100 × 75 | ₹66.43 | ₹42.83 | Kotak Neo (Kotak Securities) (saves ₹23.6) |
| Futures: ₹24,000 × 75 | ₹1,067.15 | ₹1,043.55 | Kotak Neo (Kotak Securities) (saves ₹23.6) |
Illustrative quantities. Try your own trade in the compare-all brokerage calculator.
Feature check
| Feature | Angel One | Kotak Neo (Kotak Securities) |
|---|---|---|
| Free delivery | – | – |
| Zero AMC | – | – |
| Free API | ✓ | ✓ |
| TradingView | – | – |
| MCX commodity | ✓ | ✓ |
| Mutual funds | ✓ | ✓ |
| IPO | ✓ | ✓ |
| Research desk | ✓ | ✓ |
| Published speed | ✓ | ✓ |
What the published data shows
Both publish execution-speed figures (Angel One: ≈ 95 ms (median); Kotak Neo (Kotak Securities): ≈ 80 ms (median)) — methodologies differ; see each profile before comparing on speed alone.
Tools & profiles
- Angel One full profile
- Kotak Neo (Kotak Securities) full profile
- Angel One brokerage calculator
- Kotak Neo (Kotak Securities) brokerage calculator
- Lowest brokerage brokers in India
- All broker comparisons
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Frequently asked questions
Angel One vs Kotak Neo (Kotak Securities): which has lower delivery brokerage?
At our last review, Angel One published delivery brokerage as "₹20 or 0.1% per order (whichever is lower), minimum ₹5" and Kotak Neo (Kotak Securities) as "0.20% per order (Trade Free); 0.10% on Trade Free Pro (₹249/month)". Plan-based or percentage pricing cannot always be reduced to a single winner — use the official pricing pages linked below.
Does Angel One or Kotak Neo (Kotak Securities) have a trading API?
Both have documented APIs at review time: Angel One (SmartAPI), Kotak Neo (Kotak Securities) (Kotak Neo Trade API). Compare pricing and rate limits on each broker's developer page.
Which is faster — Angel One or Kotak Neo (Kotak Securities)?
Angel One publishes ≈ 95 ms (median); Kotak Neo (Kotak Securities) publishes ≈ 80 ms (median). Sources and methodologies differ (including self-reported vs third-party figures) — they are not directly comparable without reading each source.
Is Angel One cheaper than Kotak Neo (Kotak Securities)?
On our four example trades (intraday, delivery, options and futures), Angel One is cheaper on 1, Kotak Neo (Kotak Securities) on 3, and 0 are tied. Statutory charges are identical, so any difference comes from brokerage.
Are these comparisons independent?
Yes. Indian Broker Test is not affiliated with, sponsored by, or endorsed by any broker. Rankings and comparisons use only published official data; gaps are shown as Not Disclosed.
Sources
- Angel One - official website - https://www.angelone.in
- Angel One - official pricing - https://www.angelone.in/pricing
- Kotak Neo (Kotak Securities) - official website - https://www.kotakneo.com
- Kotak Neo (Kotak Securities) - official pricing - https://www.kotakneo.com/pricing/