Updated September 29, 2026 · BrokerCue Editorial Team
Angel One vs Interactive Brokers
Angel One vs Interactive Brokers: the differences
| Compare |  Angel One |  Interactive Brokers |
|---|---|---|
| Minimum deposit | ₹0 | $0 |
| Stock trade fee | ₹20 | $0 |
| Margin rate | 0%Lower | 4.38% |
| Options contract fee | ₹20 | $0.65 |
| Account fee | ₹0 | Not confirmed |
| Regulators | Not confirmed | SEC, FCA, SIPC |
| Investor protection | Not confirmed | SIPC up to USD 500,000 |
| Platforms | Not confirmed | Client Portal, IBKR Desktop, IBKR Mobile, Trader Workstation |
| Account types | Not confirmed | ISA, SIPP, IRA, Joint, Corporate |
| Interest on cash | Not confirmed | 3.38% |
Same on both: Markets (Bonds, ETFs, Forex, Funds, Futures, Options, Stocks).
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Key differences
- Margin rate is lower at Angel One: 0% vs 4.38%.
- Features: only Angel One offers Demo account.
- Features: only Interactive Brokers offers Fractional shares.
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.
Interactive Brokers
Interactive Brokers suits investors who want a single account across ISA, SIPP, IRA, joint and corporate holdings, with stocks, bonds, funds, forex, options and futures behind it. It ranks 1 of 213 brands on minimum deposit at $0, and stock trades are charged at $0.
Score breakdown
| Area | Angel One | Interactive Brokers |
|---|---|---|
| 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. | 9.3Stock trades cost $0, the minimum deposit is $0 and an options contract costs $0.65. |
| Offer | 9.9Higher | 9.6Account types cover isa, sipp and ira, and the market list spans bonds, etfs and forex. |
| Trust | Not confirmed | 9.8 |
Where each is licensed and available
| Country | Angel One | Interactive Brokers |
|---|---|---|
| United Kingdom | Not confirmed | FCA 208159 |
| United States | Not confirmed | SIPC SIPC member 53615 |
How they place
| Ranking | Angel One | Interactive Brokers |
|---|---|---|
| Stock and ETF brokers | 32 of 490 | 35 of 490 |
| Forex brokers | 11 of 147 | 13 of 147 |
| Low-spread forex brokers | 9 of 145 | 11 of 145 |
| Options trading platforms | 6 of 103 | 7 of 103 |
| Futures trading platforms | 7 of 83 | 8 of 83 |
| Margin trading brokers | 3 of 22 | 4 of 22 |
Every fact side by side
| Fact | Angel One | Interactive Brokers |
|---|---|---|
| Features | Demo account, Mobile app | Fractional shares, Mobile app |
| Pricing model | Not confirmed | Commission free, Low fees |
| Legal entity | Not confirmed | INTERACTIVE BROKERS LLC |
| Headquarters | Not confirmed | United States |
| Founded | Not confirmed | 1978 |
| Support channels | Not confirmed | Help centre, Community |
Robo-advisors
| Fact | Angel One | Interactive Brokers |
|---|---|---|
| Portfolio types | Not confirmed | ETF |
Where each stands against the rest
| Fact | Angel One | Interactive Brokers | Median |
|---|---|---|---|
| Account fee | ₹0at the median | Not confirmed | ₹0 |
| Margin rate | 0%lowest quarter | 4.38%below the median | 8.79% |
| Interest on cash | Not confirmed | 3.38%above the median | 3% |
Median across 34 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.
Interactive Brokers
Pros
- A stock trade costs $0 and the minimum deposit is $0, the pairing behind rank 1 of 161 on stock trade fees among the brokers tracked here.
- The account types listed cover isa, sipp and ira, so an ISA, SIPP, IRA, joint or corporate account all sit under a single provider.
- bonds, etfs and forex puts stocks, ETFs, bonds, funds, forex, options and futures on the same account, with a margin rate of 4.38% for geared positions.
Cons
- Support runs on help centre and community, so a phone line and live chat sit outside the offer.
- bonds, etfs and forex covers shares, ETFs, bonds, funds, forex, options and futures but leaves out crypto and CFDs, which eToro lists in stocks, etfs and forex.
- An options contract costs $0.65 against a stock trade at $0, so options strategies pay a visible premium per contract.
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.
Interactive Brokers
Who it suits
- Investors holding money across several wrappers, since the account types listed cover isa, sipp and ira.
- Traders who want options, futures, forex and bonds alongside shares on a single account, per bonds, etfs and forex.
- Anyone starting with a small balance: the minimum deposit is $0 and fractional shares appear in the feature list (fractional shares and mobile app).
Who should look elsewhere
- Anyone who trades crypto or CFDs, since bonds, etfs and forex leaves both out while eToro lists them in stocks, etfs and forex.
- Readers who want a stated entry figure as a signal of the provider's target size, since Vantage publishes $5 where this broker's minimum is $0.
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 | Interactive Brokers |
|---|---|---|
| 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.
Interactive Brokers
What does it cost to trade shares?+
A stock trade is charged at $0 and the minimum deposit is $0, so opening an account and dealing in shares carry no charge. The money sits in derivatives and leverage instead, where an options contract costs $0.65 and the margin rate is listed at 4.38%.
Is my money protected?+
The regulatory list runs to SEC, FCA and SIPC, and investor protection is stated as SIPC up to USD 500,000. The UK entry is the FCA under licence 208159, while the US side names the SEC and the SIPC membership SIPC member 53615. The protection figure describes the scheme stated for the account and says nothing about how a trade performs.
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