Edelweiss vs Angel Broking Comparison: 2024
About Edelweiss
Edelweiss Broking Ltd. is a full-time broker company operating in the capital market for more than a decade. It is part of the Edelweiss Group, one of the leading companies that provide financial services in India. It's products and services span multi-asset classes and caters to a diversified set of clients including corporations. individuals and organizations. Claiming to be your wealth advisor, Edelweiss has earned several awards in the category of best broking and digital services over the years.
Edelweiss Broking Ltd: An Overview
Founded back in 1995, The Edelweiss group commenced the commodity trading business in 2008. It is a Mumbai-based share broking company with a client base of 12 lakh spread across 200 locations in India. One of the biggest milestones of Edelweiss was the acquisition of The Jaypee Morgan Asset Management Company(AMC) in 2016. It is a registered broker with the NSE, BSE, MCX and NCDEX exchanges that
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
Edelweiss vs Angel Broking Account Opening Charges: 2024
| Charge | Edelweiss | Angel Broking |
|---|---|---|
| Demat Account Opening Charges | ₹0 | ₹0 |
| Trading Acc Opening Charges | ₹0 | ₹600 (One-time) |
| Trading Account AMC | ₹0 | ₹0 |
| Demat Account AMC | ₹500 p.a. (For 1st year: Free) | ₹450 (from 2nd year onwards) |
Edelweiss vs Angel Broking Brokerage Charges and Plans : 2024
| Charge | Edelweiss | Angel Broking |
|---|---|---|
| Plan Name | Lite Plan | iTrade Prime |
| Equity Delivery | ₹10 per executed order | ₹0 |
| Equity Intraday | ₹10 per executed order | Flat ₹20 per executed order |
| Equity Futures | ₹10 per executed order | Flat ₹20 per executed order |
| Equity Options | ₹10 per executed order | Flat ₹20 per executed order |
| Currency Futures | ₹10 per executed order | Flat ₹20 per executed order |
| Currency Options | ₹10 per executed order | Flat ₹20 per executed order |
| Commodity Options | N/A | Flat ₹20 per executed order |
| Mutual Fund | N/A | N/A |
Edelweiss vs Angel Broking Margin / Exposure: 2024
| Segment | Edelweiss | Angel Broking |
|---|---|---|
| Equity Delivery | Upto 10x | Upto 3x |
| Equity Intraday | Upto 40x | Upto 10x |
| Equity Future | 40x | Upto 4x |
| Equity Options | Nil | 3x for shorting |
| Currency Future | 1.5x | Upto 2x |
| Currency Options | Nil | Upto 5x for shorting |
| Commodity Future | Upto 6x | 3x |
| Commodity Options | N/A | N/A |