Updated September 29, 2026 · BrokerCue Editorial Team
Angel One vs SogoTrade
Angel One vs SogoTrade: the differences
| Compare |  Angel One |  SogoTrade |
|---|---|---|
| Minimum deposit | ₹0 | $500 |
| Stock trade fee | ₹20 | $0 |
| Markets | Bonds, ETFs, Forex, Funds, Futures, Options, Stocks | Stocks, ETFs, Options, Crypto, Bonds, Funds |
| Margin rate | 0%Lower | 9.75% |
| Options contract fee | ₹20 | $0.50 |
| Account fee | ₹0 | Not confirmed |
| Regulators | Not confirmed | FINRA, SIPC |
| Investor protection | Not confirmed | SIPC up to USD 500,000 |
| Platforms | Not confirmed | SogoTrade NextGen, SogoOptions, Mobile app |
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Key differences
- Angel One scores higher overall: 9.6 vs 9.3.
- Margin rate is lower at Angel One: 0% vs 9.75%.
- Markets: only Angel One offers Forex, Futures.
- Markets: only SogoTrade offers Crypto.
- Features: only Angel One offers Demo account.
- Features: only SogoTrade offers Crypto, 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.
SogoTrade
SogoTrade is a US broker for experienced traders who want share dealing without commission, plus options, crypto and margin in one account. Its catch is the entry cost: a minimum deposit of $500 and an options contract fee of $0.50 for anyone trading contracts.
Score breakdown
| Area | Angel One | SogoTrade |
|---|---|---|
| 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. | 8.8 |
| Offer | 9.9Higher | 9.5 |
| Trust | Not confirmed | 9.5 |
Licences and countries
| Country | Angel One | SogoTrade |
|---|---|---|
| United States | Not confirmed | SIPC SIPC member 35930 |
Additional countries for Angel One: 1. Additional countries for SogoTrade: 1.
How they place
| Ranking | Angel One | SogoTrade |
|---|---|---|
| Stock and ETF brokers | 32 of 490 | 72 of 490 |
| Options trading platforms | 6 of 103 | 25 of 103 |
| Margin trading brokers | 3 of 22 | 13 of 22 |
Every fact side by side
| Fact | Angel One | SogoTrade |
|---|---|---|
| Features | Demo account, Mobile app | Crypto, Options, Mobile app |
| Pricing model | Not confirmed | Commission free |
| Audience | Not confirmed | Experienced, Beginners |
| Legal entity | Not confirmed | SOGOTRADE INC |
| Headquarters | Not confirmed | United States |
| Support channels | Not confirmed | Email, Chat, Phone |
Where each stands against the rest
| Fact | Angel One | SogoTrade | Median |
|---|---|---|---|
| Account fee | ₹0at the median | Not confirmed | ₹0 |
| Margin rate | 0%lowest quarter | 9.75%above the median | 8.79% |
Median across 22 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.
SogoTrade
Pros
- Share dealing is commission-free, with the model listed as commission free.
- A single account spans stocks, etfs and options.
- Registration with FINRA and SIPC and investor protection of SIPC up to USD 500,000.
Cons
- A minimum deposit of $500 places it at position 178 of 213 on the site.
- Options trading carries a contract fee of $0.50, so frequent contract traders pay a running cost on top of share dealing.
- Margin is priced at 9.75%, so borrowed positions cost more than cash ones.
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.
SogoTrade
Who it suits
- Traders comfortable with options and margin, since crypto, options and mobile app sits alongside core share dealing.
- US accounts, since the firm is based in the United States.
- People who want one login across SogoTrade NextGen, SogoOptions and mobile app.
Who should look elsewhere
- CFI if a free minimum deposit matters, because CFI asks for $0 against $500 here.
- Vantage if you want to start small, with a minimum deposit of $5.
- eToro if you trade forex and CFDs, since stocks, etfs and forex lists markets outside the SogoTrade range.
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 | SogoTrade |
|---|---|---|
| India | Yes | No |
| United States | No | Yes |
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.
SogoTrade
What does SogoTrade charge to trade shares?+
Stock trades are priced at $0 under a commission free model, so share dealing carries no commission. You still need a minimum deposit of $500 before orders can be placed. Charges beyond that sit on options, at $0.50 per contract, and on margin, at 9.75%.
How much is the minimum deposit?+
Opening the account takes a minimum deposit of $500, which is far from a casual entry and places SogoTrade at position 178 of 213 on the site. Traders wanting a lighter start can compare $0 at CFI and $5 at Vantage.