Angel Broking is a full-service stockbroker, good for day traders who
are looking for flat brokerage. The broker offers up to 40X margin for day
trading.
Angel broking offers a flat brokerage of Rs. 20 per trade for Intraday,
F&O, Currency & Commodity. Flat brokerages can save huge money if
you trade high volumes.
Zero Brokerage for
30 Days open online account right now
Angel Broking offers 4 products
- Equity trading – For trading in the stock market
- Currency trading – For trading in the forex market
- Commodities trading – For trading in commodities
- Futures and Options trading – Trading in the derivatives market
The delivery charges are Zero.
Let’s assume you do minimum monthly trading of 10,00,000 rupees with 10
trades (20 if we include buying & selling side)
Comparison of Angel trading brokerage with ICICI Securities that
charges 0.275% (0.55% if we include both buying and selling)
10,00,000 * 12 months * 0.55% = Rs 66,000
Comparison of Angel trading brokerage with Sharekhan that charges 0.10
% (0.2% total on buying and selling)
10,00,000 * 12 * 0.2% = Rs 24,000
Trading brokerage with Angel that charges Rs. 20 per trade
20 trades per month * 12 months * 20 Rs brokerage = Rs. 4800 only.
Zero Brokerage for
30 Days open online account right now
Angel Broking Charges
Angel broking charge a flat Rs 20 per trade irrespective of the trade
volume.
Brokerage Charges Across the Trading Segments
Category
|
Brokerage Fee
|
Equity Delivery
|
Rs 0
|
Equity Intraday Trading
|
Rs. 20 per trade
|
Equity F&O Trades
|
Rs. 20 per order
|
Currency F&O Trades
|
Rs. 20 per order
|
Commodity F&O Trades
|
Rs. 20 per order
|
Angel Broking Transaction Charges
Category
|
Transaction Charges (Per Cr.)
|
Equity Delivery Trading
|
Rs.325
|
Equity Intraday Trading
|
Rs.325
|
Equity Futures
|
Rs.190
|
Equity Options
|
Rs.5,000
|
Currency Futures
|
Rs.110
|
Currency Options
|
Rs.4,000
|
Commodity
|
Rs.15
|
Angel Broking Margin, Leverage & Exposure
Category
|
Margin
|
Equity Delivery Trading
|
5-6 times
|
Equity Intraday Trading
|
Up to 40 times
|
Equity Futures
|
4 times
|
Equity Options
|
3 times
|
Currency Futures
|
Up to 2 times
|
Currency Options
|
2 times
|
Commodity
|
Up to 3 times
|
Zero Brokerage for
30 Days open online account right now
Angel Broking Account Opening Charges & Annual Charges
Account Opening Charges (One time) – Rs. 699, for free click here
Account Annual Maintenance Charges
First Year – Free
From Second Year Onwards – Rs. 450
Call & trade is charged additionally – Rs. 20 per call.
Check out – Angel Broking vs Zerodha
Can We Get the Waiver of Account Opening Charges
Presently, Angel does not charge any fee for opening a Demat account.
For trading account opening there is a one time charge of Rs. 699 (for free click here)
We will update as we find any way to waive the trading account opening
and annual charges.
Standard Terms and Conditions
Angel Broking has the following standard conditions
In the case of a new client, the Branch/Business Partner should collect
a cheque of Rs. 2,500/- plus remaining DP agreement charge and POA charge.
Existing account holders can change the existing Demat AMC scheme
(except FREEDOM 3000 AMC Scheme) to the new Demat AMC “LIFE-2500” scheme.
Demat account opened under the “LIFE-2500” scheme will have no refund if a
client decides to close the account. Apart from the above, the clients will
have to pay for the depository transactions executed as per the DP Tariffs +
service taxes.
In the case of corporate accounts since the CDSL levy, a charge of Rs.
500/- every year the same will be recovered from the corporate clients on an
annual basis.
Brokerage levied to the Account shall be the higher brokerage value
as per the existing rates or Rs. 30/- per settlement/segment, subject to the
maximum rates prescribed by the regulator(s) from time to time.
Settlement charges towards debit instructions of client shares from
Angel beneficiary and Angel Collateral Account, Rs. 30/- per ISIN would be
debited to the client ledger.
Angel Broking Limited reserves the right to increase the Tariff Charges
from time to time at its sole discretion, under 30 days prior intimation to
clients either by means email or an ordinary post and by notification on the
back-office interface.
Service tax, education cess & other statutory levies (if any) would
be charged extra wherever applicable as per prevailing rates.
Additional Angel Products & Amazing Features
#1. ARQ
ARQ is an automated investment engine that focuses on the best profitable investment strategy and offers the highest possible returns.
ARQ is an advisory tool that provides regular recommendations for
equity stocks and mutual funds based on the powerful research engine
capability.
Short term retail investors can use ARQ as a personal fund manager.
What I like about Angel Broking
- Flat brokerage fees
- Excellent trading software’s and investment advisory
- The user-friendly browser and application-based online trading platforms
- Comprehensive research reports from expert
- What I didn’t like about Angel Broking
What I didn’t like about Angel Broking
- Customer service is average as their turn around time is a little higher
Angel Trading Platforms
#1. Angel Broking Mobile App
Angel broking mobile app allows accessing
markets, charts and even trading through the smartphone.
One can check multiple indexes with real-time prices. You can also
access ledgers, contract note, P&L statements and can transfer funds &
securities from the app itself.
#2. Angel Broking
Trade
Angel broking trade is a browser-based trading platform that provides
automatic updates of all transactions and also tracks portfolio performance.
One can even invest in Mutual funds through the Angel broking trade.
#3. Angel Speed Pro
Angel speed pro is an application-based trading platform. Speed Pro
provides direct market access along with advanced technical analysis.
How to Open an Account with Angel Broking
Angel broking offers a 2-in-1 account, online trading and a Demat
account.
You can open an account in 2 easy ways
- Online – Open an online trading & a Demat account (through Digital
KYC) in an hour.
- Visting the Branch – Visit Angel branch office or Sub-broker or make a phone call to them.
Zero Brokerage for
30 Days open online account right now
Documents required
- Identity proof and Address proof
- PAN Card
- IFSC code and bank account details
Once the details are verified, the application will be processed and
the welcome kit is dispatched.
Best For
If you are looking for an advanced trading platform or a mobile app for
day trading then you should go with Angel Broking.
You would benefit from flat brokerage and 40X margins for day trading.