Updated September 29, 2026 · BrokerCue Editorial Team
Angel One vs BMO InvestorLine
Angel One vs BMO InvestorLine: the differences
| Compare |  Angel One |  BMO InvestorLine |
|---|---|---|
| Stock trade fee | ₹20 | CA$0 |
| Account fee | ₹0 | CA$0 |
| Markets | Bonds, ETFs, Forex, Funds, Futures, Options, StocksCovers more | Stocks, ETFs, Options, Bonds, Funds |
| Margin rate | 0%Lower | 8.75% |
| Options contract fee | ₹20 | CA$0.90 |
| Minimum deposit | ₹0 | Not confirmed |
| Inactivity fee | Not confirmed | CA$0 |
| Currency conversion fee | Not confirmed | 0.4% to 1.6% |
| Deposit and withdrawal fees | Not confirmed | $0 EFT, $10 wire |
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Key differences
- Angel One scores higher overall: 9.6 vs 9.4.
- Margin rate is lower at Angel One: 0% vs 8.75%.
- Markets: only Angel One offers Forex, Futures.
- Features: only Angel One offers Demo account.
- Features: only BMO InvestorLine offers Options.
Our verdict on each
Angel One
Angel One suits beginners and active traders in India who want a mobile app and a demo account, with no minimum deposit at INR 0. The account fee of INR 0 keeps holding costs low, while the stock trade fee of INR 20 makes frequent buying the expensive part.
BMO InvestorLine
BMO InvestorLine suits Canadian investors who want a bank-backed broker without account or inactivity charges, trading stocks and ETFs commission free. What sets it apart is the pairing of a CAD 0 stock trade fee with a CAD 0 account fee, though currency conversion and options add cost.
Score breakdown
| Area | Angel One | BMO InvestorLine |
|---|---|---|
| Cost | 9.4HigherAccount fee INR 0 and margin rate 0% are the strong points, while INR 20 for each stock trade holds the cost score back. | 9.2Commission-free stock and ETF trades, no account fee and no inactivity fee, with options and margin priced separately at CAD 0.90 and 8.75%. |
| Offer | 9.9Higher | 9.2 |
| Trust | Not confirmed | 9.6 |
What each covers
| Markets | Angel One | BMO InvestorLine |
|---|---|---|
| Stocks | Yes | Yes |
| ETFs | Yes | Yes |
| Forex | Yes | No |
| Options | Yes | Yes |
| Futures | Yes | No |
| Bonds | Yes | Yes |
| Funds | Yes | Yes |
Where they rank in our lists
| Ranking | Angel One | BMO InvestorLine |
|---|---|---|
| Stock and ETF brokers | 32 of 490 | 43 of 490 |
| Options trading platforms | 6 of 103 | 13 of 103 |
| Margin trading brokers | 3 of 22 | 6 of 22 |
Where these facts come from
Angel One
- angelone.in: 7 facts, checked September 26, 2026
BMO InvestorLine
- finder.com: 5 facts, checked September 26, 2026
- newsroom.bmo.com: 3 facts, checked September 26, 2026
- hellosafe.ca: 2 facts, checked September 26, 2026
- stockwatch.com: 1 fact, checked September 26, 2026
- wowa.ca: 1 fact, checked September 26, 2026
Every fact side by side
| Fact | Angel One | BMO InvestorLine |
|---|---|---|
| Features | Demo account, Mobile app | Mobile app, Options |
| Pricing model | Not confirmed | Commission free |
| Founded | Not confirmed | 1988 |
| Support channels | Not confirmed | Phone, Chat |
Where each stands against the rest
| Fact | Angel One | BMO InvestorLine | Median |
|---|---|---|---|
| Minimum deposit | ₹0at the median | Not confirmed | ₹0 |
| Currency conversion fee | Not confirmed | 0.4% to 1.6%at the median | 0.4 |
| Margin rate | 0%lowest quarter | 8.75%below the median | 8.79% |
Median across 25 listed brokers.
Pros and cons
Angel One
Pros
- Account upkeep is simple: the account fee is INR 0.
- You can start small, since the minimum deposit is INR 0.
- One account covers bonds, etfs and forex, so shares, funds, bonds and derivatives sit together.
Cons
- The stock trade fee of INR 20 is the weak spot: eToro lists $0 for the same trade.
- On stock trade fee it ranks position 99 of 161, so it sits well down that list.
- Each options contract adds INR 20, and that charge repeats on every contract you trade.
BMO InvestorLine
Pros
- Stock and ETF trades cost CAD 0 and the account fee is CAD 0, so holding a portfolio costs nothing.
- The inactivity fee is CAD 0, so an untouched account is not charged.
- Support runs on phone and chat, giving a phone line and live chat.
Cons
- Margin borrowing is priced at 8.75%, so a leveraged position carries a borrowing cost.
- Options contracts carry a fee of CAD 0.90 each.
- Currency conversion is the hidden cost, at 0.4% to 1.6%, and deposits and withdrawals run $0 EFT, $10 wire.
Who each suits
Angel One
Who it suits
- New investors in India who want to open an account with no minimum deposit and try a demo account first.
- Traders who work mainly from a phone, since a mobile app is one of the listed features in demo account and mobile app.
- Buy and hold investors, because the account fee of INR 0 keeps the cost of holding steady.
Who should look elsewhere
- Frequent share traders, since eToro lists $0 on stock trades against INR 20 here.
- Anyone who wants a stated starting amount to plan around: Vantage lists $5 while Angel One lists INR 0.
BMO InvestorLine
Who it suits
- Investors who want a long term stock, ETF, bond and fund portfolio without a standing account charge.
- Traders who mainly trade Canadian equities and want phone and chat support for questions.
- Anyone already inside a bank relationship who values a long operating history.
Who should look elsewhere
- Day traders who live in currencies other than the Canadian dollar and would feel the 0.4% to 1.6% on every conversion.
- Options buyers who place frequent contracts and would pay CAD 0.90 each time.
- Leveraged traders, because margin costs 8.75%.
Current offers
Angel One
Current offer
First period offer
Rs 0 brokerage for first 30 days up to Rs 500: Rs 500 brokerage discount
Brokerage up to Rs 500 will not be charged for the first 30 days after onboarding; 0 brokerage across all segments for first 30 days, up to Rs 500
Source, checked September 26, 2026
Country by country
| Country | Angel One | BMO InvestorLine |
|---|---|---|
| India | Yes | No |
Questions about each
Angel One
Is there a minimum deposit to open an account?+
The minimum deposit is listed as INR 0, so you can open an account and add money when you are ready. Across the 213 brands on our ranking, Angel One sits at position 1 on this measure, which puts it among the cheapest ways in.
What does it cost to keep the account open?+
The account fee is listed as INR 0, so there is no charge for holding the account open. That measure places Angel One at position 1 across 138 brands ranked, so upkeep is the strongest part of the cost picture. Your costs come from each deal instead.
BMO InvestorLine
How much does it cost to open and hold a BMO InvestorLine account?+
The account fee is CAD 0 and the inactivity fee is CAD 0, so there is no standing or dormant charge on the account. Stock and ETF trades themselves cost CAD 0. The costs that do appear are on currency conversion, options and margin.
What does it cost to trade a stock or an ETF?+
Stock and ETF trades are commission free, priced at CAD 0. The platform is listed as a commission-free model. Costs appear elsewhere: currency conversion at 0.4% to 1.6%, options at CAD 0.90 per contract, and margin at 8.75%.