Angel Broking vs Anand Rathi Comparison: 2024
About Angel Broking
In this post, you'll know about Angel Broking Trading and Demat Account Opening and Brokerage Charges. You can also have a sneak peak into the Angel Broking apps and important features.
Angel Broking: An Overview
Angel Broking is a leading stock broking and wealth management firm. The company was founded in 1987 and has grown over the years as a leading Financial Investment service provider in India. Angel Broking serves more than 1 million customers with its presence in 900+ cities with 8500+ strong network of sub-brokers.
So, let's begin with the wide range of products and services that Angel Broking offers you.
Angel Broking: Product and Services Offered
- Equity
- Initial Public Offering (IPO)
- Commodity Trading
- Currency Trading
- Derivatives
- Life Insurance
- Mutual Funds
- Portfolio Management Service (PMS)
- Depository Services
- Investment Advisory
- Offline to Online conversion
- Intraday Trading
It provides the iTrade Prime (Flat fee) Trading Plan which has Free Equity Delivery and
About Anand Rathi
Named after the Founder himself, Anand Rathi is one of the pioneers of stockbrokers in India. It has managed to outrank several competitors over the years and maintain its position as one of the top and most-sought-after stockbrokers. The company is a complete financial solution including services ranging from asset management to insurance and stock trading. Anand Rathi's PAN-India and tech-savvy operations makes them stand out of crowd. They have bagged several awards for the same in the past decades.
Anand Rathi: An Overview
The Anand Rathi is a full-service brokerage firm offering insightful research and advice to the traders and investors. Based in Mumbai, the company is a public sector company i.e. listed on the stock exchange. It is spread through a network of 350 branches and more than 1500 franchises in India and some parts of Dubai and Bangkok. They soon aim to expand their global position.
Founded in 1994
Angel Broking vs Anand Rathi Account Opening Charges: 2024
| Charge | Angel Broking | Anand Rathi |
|---|---|---|
| Demat Account Opening Charges | ₹0 | ₹550 (One time) |
| Trading Acc Opening Charges | ₹600 (One-time) | ₹750 (One time) |
| Trading Account AMC | ₹0 | ₹0 |
| Demat Account AMC | ₹450 (from 2nd year onwards) | ₹299 from second year onward |
Angel Broking vs Anand Rathi Brokerage Charges and Plans : 2024
| Charge | Angel Broking | Anand Rathi |
|---|---|---|
| Plan Name | iTrade Prime | Standard Plan |
| Equity Delivery | ₹0 | 0.5% - 0.15% |
| Equity Intraday | Flat ₹20 per executed order | 0.05% -0.015% |
| Equity Futures | Flat ₹20 per executed order | 0.05% -0.015% |
| Equity Options | Flat ₹20 per executed order | ₹75 to ₹20 |
| Currency Futures | Flat ₹20 per executed order | 0.05% -0.015% |
| Currency Options | Flat ₹20 per executed order | ₹75 to ₹20 |
| Commodity Options | Flat ₹20 per executed order | 0.008% - 0.05% |
| Mutual Fund | N/A | N/A |
Angel Broking vs Anand Rathi Margin / Exposure: 2024
| Segment | Angel Broking | Anand Rathi |
|---|---|---|
| Equity Delivery | Upto 3x | N/A |
| Equity Intraday | Upto 10x | N/A |
| Equity Future | Upto 4x | N/A |
| Equity Options | 3x for shorting | N/A |
| Currency Future | Upto 2x | N/A |
| Currency Options | Upto 5x for shorting | N/A |
| Commodity Future | 3x | N/A |
| Commodity Options | N/A | N/A |