What is Delivery in Angel Broking?
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- Updated On:14-Mar-2021
- Replies:1
Short Answer
Delivery is nothing but the holding of equity in a company for a longer period of time to have maximum gains for the shares at hand.
Detailed Answer
In general, delivery trading is nothing but the shares that a trader or investor can hold with them for as long as they wish in their Demat account. Most of the time, it pertains to the equity segment of the stock market. The selling process depends upon the trader or investor looking to sell their share for a profit. If you’re looking for a long-term investment in a company, then you can purchase equity in the company and keep it for as long as you wish.
But, the delivery charges that you end up paying while use Angle Broking as your stockbroker varies from the plan that you choose.
For a classic plan, the brokerage is 0.40%, preferred is 0.280%, the premier is 0.220%, and elite is 0.160% of the total equity delivery.
If you wish to invest in delivery trading, then you can do so through the Angel broking mobile application.
- Simply log in to your account in the application and head to the stocks that you want to invest in.
- Choose the delivery option towards the end and invest the amount into the stock.
As discussed earlier, the brokerage charge is only for the selling or trading of the equity. Not when you purchase the stocks for keeping it for an extended period of time.
The best part about owning equity is that you can buy them for a lower price and then sell them when the equity pricing is up. Moreover, Angel Broking is a depository recipient of the CDSL and allows users, traders, and investors to trade in the NSE, BSE, MCX, MSEI, NCDEX for the segments of currency, commodity, shares, equity, and stocks.
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Angel Broking Limited is a full-service retail broker providing its services in the Indian subcontinent. There are basically five ways you can trade through Angel Broking that have been discussed here.
Angel Broking and Paytm Money both these platforms are popular among traders. But if you are a beginner or if you want to switch to a new trading platform and you are considering choosing one of these two, and then you came to the right place.
Head to the stock broker's i.e. Angel Broking official website and get the “account details modification request form.” Fill it in and attach the cancelled cheque, copy of the PAN card from your previous bank account. Send the application form and the documents to its designated address for the change in a bank account.
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Paytm Money, an emerging stock broker offers a Demat trading account to investors and traders at a fairly reasonable cost. In reality, nothing comes free of cost, may it be brokerage services or any other for that matter, you'll be charged one way or the other. So, let's see what all charges you have to bear while trading through this stock broker in India.