Angel One vs Sahi

A full side-by-side comparison of brokerage charges, demat AMC, margin, platforms, features and user ratings — updated for 2026.

Angel One
Angel One
Full-service Broker · since 1987
VS
Sahi
Discount Broker · since 2021
Sahi

Angel One vs Sahi — quick verdict

Choose Angel One if

You want research and offline support

A full-service broker offering flat ₹20 discount-style pricing, in-house research and one of India's largest branch networks.

Choose Sahi if

You want low-cost, self-directed trading

Trading Simplified.

Company overview

Angel One is a full-service broker incorporated in 1987; Sahi is a discount broker incorporated in 2021.

ParameterAngel OneSahi
Type of broker Full-service Broker Discount Broker
Exchange membership BSE · NSE · MCX · NCDEX NSE · BSE
Year of incorporation 1987 older 2021
Number of branches 900 Online Only
Active clients 66,84,223 larger 1 Lakh+

Charges & AMC

Account-opening and maintenance charges for Angel One and Sahi compared side by side.

ParameterAngel OneSahi
Trading a/c opening ₹0 (Free) ₹0
Trading a/c AMC ₹0 (Free) ₹0
Demat a/c opening ₹0 (Free) ₹0
Demat a/c AMC ₹240 ₹0 lower
DP charges (per ISIN, sell) ₹20 per debit ₹13.5 per company (ISIN) on sell transactions lower

Brokerage charges

How Angel One and Sahi price each trading segment, per executed order.

ParameterAngel OneSahi
Equity Delivery ₹20 or 0.1% (lower) ₹10 or 0.05% per executed order (whichever is lower)
Equity Intraday ₹20 or 0.1% (lower) ₹10 or 0.05% per executed order (whichever is lower)
Equity Futures ₹20 / order ₹10 per executed order
Equity Options ₹20 / order ₹10 per executed order
Currency F&O ₹20 / order ₹10 per executed order
Commodity F&O ₹20 / order ₹10 per executed order
Call & Trade +₹20/order Not Available

Transaction charges (exchange turnover)

Exchange turnover and clearing charges passed through by Angel One and Sahi, per segment.

ParameterAngel OneSahi
Equity Intraday NSE Rs 297 per Cr (0.00297%) | BSE Rs 375 per Cr (0.00375%) (sell side) NSE: 0.0030699% • BSE: 0.00375%
Equity Delivery NSE Rs 297 per Cr (0.00297%) | BSE Rs 375 per Cr (0.00375%) (each side) NSE: 0.0030699% • BSE: 0.00375%
Equity Futures NSE Rs 173 per Cr (0.00173%) | BSE Rs 0 NSE: 0.0018299%
Equity Options NSE Rs 3503 per Cr (0.03503%) | BSE Rs 325 per Cr (0.00325%) (on premium) NSE: 0.0355299% (on premium)
Currency Future NSE Rs 35 per Cr (0.00035%) | BSE Rs 45 per Cr (0.00045%) NSE: 0.00035%
Currency Option NSE Rs 3110 per Cr (0.0311%) | BSE Rs 100 per Cr (0.001%) (on premium) NSE: 0.03110% (on premium)
Commodity Futures MCX: As per applicable exchange charges
Commodity Options MCX: As per applicable exchange charges

Demat & DP charges

Depository (demat) charges for Angel One and Sahi — AMC, debit transactions, pledging and remat.

ParameterAngel OneSahi
Demat Account Opening Charges Rs 0 (Free)
Transaction Charges (Buy) Rs 20 per ISIN (Rs 50 per ISIN for BSDA Client)
Annual Maintenance Charges (AMC) Rs 240 per year (Rs 20 per month) ₹0
Demat + Courier charges Rs 50 per certificate
Remat Rs 50 per certificate
Pledge Creation Rs 20 per ISIN (Rs 50 per ISIN for BSDA Client)
Pledge Creation Confirmation Nil
Pledge Invocation Rs 20 per ISIN
Failed Transactions Nil ₹50 per ISIN
Other Charges Rs 50 per request for additional DIS
Demat Account Opening ₹0
Debit Transaction Charges ₹13.5 per company (ISIN) on sell transactions
Pledge / Unpledge Charges ₹15 per transaction/ISIN + GST
Dematerialisation (Demat) ₹150 per certificate + courier charges
Rematerialisation (Remat) ₹150 per certificate + courier charges

Margin & leverage (MTF)

Intraday and delivery margin / leverage offered by Angel One and Sahi.

ParameterAngel OneSahi
Equity Delivery 100% of trade value (1x) 100% of trade value (1x)
Equity Intraday Up to 20% of trade value (Up to 5x) VAR + ELM Margin (Up to 5x*)
F&O (Eq/Curr/Comm) 100% NRML (Span + Exposure) (1x) SPAN + Exposure Margin (As per available margin)
Equity Options (Buy) Premium Value (Not Applicable)
Equity Options (Sell) SPAN + Exposure Margin (As per available margin)
Currency Futures & Options Not Available
Commodity Futures & Options Not Available

Features & account

Account type and feature availability across Angel One and Sahi.

ParameterAngel OneSahi
3-in-1 account ✕ No ✕ No
Automated / API trading ✓ Yes better ✕ No
Margin Trading (MTF) ✓ Yes better ✕ No
Trading in SME shares ✕ No ✓ Yes better
Trading platforms Super App, Web, Angel SpeedPro Sahi Web, Sahi Mobile App
Intraday square-off 3:15 PM 3:15 PM
Other Daily/weekly research reports Advanced Charts, Option Chain, Watchlists, Price Alerts, Digital KYC, Real-time Market Data, Portfolio Tracking

Trading platforms & apps

Trading terminals, web platforms and mobile apps offered by Angel One and Sahi.

ParameterAngel OneSahi
Trading platforms offered Angel One Super App, Angel One Trade, Angel SpeedPro Sahi Web, Sahi Mobile App
Number of platforms 3 more choice 2
Platforms (summary) Super App, Web, Angel SpeedPro Sahi Web, Sahi Mobile App
Mobile / desktop apps Mobile, Web, Desktop Web, Mobile

User ratings

User ratings for Angel One and Sahi across the key parameters.

Rated onAngel OneSahi
Fees 3 4.8 better
Brokerage 3 4.8 better
Trading platform 3 4.5 better
Customer service 2.5 4.2 better
Research 2.7 3.8 better
Overall 3.9 4.4 better

Investment options

Which investment products Angel One and Sahi let you access.

ParameterAngel OneSahi
Stocks / Equity ✓ Yes ✓ Yes
Commodity ✓ Yes better ✕ No
IPO ✓ Yes better ✕ No
Mutual Funds ✓ Yes better ✕ No
Bonds / NCD ✓ Yes better ✕ No

Order types offered

Advanced order types supported by Angel One and Sahi.

ParameterAngel OneSahi
Bracket Order ✓ Yes better ✕ No
Cover Order ✓ Yes better ✕ No
BTST ✓ Yes ✓ Yes
After Market (AMO) ✓ Yes ✓ Yes
GTC / GTT ✕ No ✕ No

Safety & credibility

SEBI registration, financial strength and complaint record for Angel One and Sahi.

ParameterAngel OneSahi
SEBI registration INZ000161534 INZ000314836
NSE member code 12798 90392
Year of incorporation 1987 longer track record 2021
Net worth ₹4,620.22 Cr stronger ₹25+ Cr
Exchange memberships BSE · NSE · MCX · NCDEX NSE · BSE
Latest complaint ratio 0.016% N.A.

Complaints record

Exchange complaint data for Angel One and Sahi — the ratio matters more than the raw count.

ParameterAngel OneSahi
Latest financial year 2025-26 2025–26
Exchange NSE NSE
Active clients 67,45,594 Latest Available
Complaints filed 1,070 N.A.
Complaint ratio 0.016% N.A.

Pros & cons

The main advantages and drawbacks of each broker.

Angel One

▲ Pros

  • ✓ Full-service research at flat ₹20 discount-style pricing.
  • ✓ Flat fee across segments & exchanges.
  • ✓ Free research, advisory and trading tips.
  • ✓ Margin trading & securities as collateral available.
  • ✓ No charge for NEFT / fund transfers.
  • ✓ Local sub-broker / RM support.

▼ Cons

  • ✕ Margin funding can be applied without notice.
  • ✕ No trading in SME shares.
  • ✕ Sales team may cross-sell other products.
  • ✕ GTC / GTT order facility not available.
  • ✕ Does not offer a 3-in-1 account.
Sahi

▲ Pros

  • ✓ Simple and transparent brokerage structure.
  • ✓ ₹0 account opening and ₹0 annual Demat AMC.
  • ✓ Fully digital and paperless account opening.
  • ✓ User-friendly web and mobile trading platforms.
  • ✓ Advanced charting, watchlists, and option chain.
  • ✓ Suitable for beginners as well as active traders.

▼ Cons

  • ✕ Limited research and advisory services.
  • ✕ Investment products are fewer than large full-service brokers.
  • ✕ No physical branch network.
  • ✕ Call & Trade facility is limited or unavailable.
  • ✕ Does not offer as many premium investment services as traditional brokers.

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Disclaimer: Investments in the securities market are subject to market risks; read all related documents carefully before investing. This page is for information only and is not investment advice. Brokerage, AMC and other charges change frequently — always verify against the broker's official website before opening an account. Affiliate disclosure: "Open account" links are affiliate links and we may earn a commission at no extra cost to you; this does not influence our ratings.