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 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.
It provides the iTrade Prime (Flat fee) Trading Plan which has Free Equity Delivery and
Finvasia, a financial services company providing a wide array of services in the the financial sector. With Finvasia Securities having its base in Chandigarh, it's an emerging platform to join the race of discount brokers in India.
Finvasia is an international wealth management and broking fintech company rapidly growing in the Indian arena. this technology-driven Firm offers a very diversified business model ranging from capital market advisory to commodity broking and everything in between. With the aim To promote direct investments, It currently operates in 14 countries including Australia, Brazil, Canada, London, and others. The Indian office of the broker is situated in Chandigarh.
Finvasia was founded by Ex-wall street professionals Sarvjeet Singh Virk and Tajinder Singh Virk in 2009 in Canada. The brother duo initially came to India as Foreign institutional investors(FII) but soon realized the need to create financial solutions for the Indian investor. The company provides
Charge | Angel Broking | Finvasia |
---|---|---|
Demat Account Opening Charges | ₹0 | ₹0 (Free) |
Trading Acc Opening Charges | ₹600 (One-time) | ₹0 |
Trading Account AMC | ₹0 | ₹0 |
Demat Account AMC | ₹450 (from 2nd year onwards) | ₹0 (Free) |
Charge | Angel Broking | Finvasia |
---|---|---|
Plan Name | iTrade Prime | Standard |
Equity Delivery | ₹0 | ₹0 |
Equity Intraday | Flat ₹20 per executed order | ₹0 |
Equity Futures | Flat ₹20 per executed order | ₹0 |
Equity Options | Flat ₹20 per executed order | ₹0 |
Currency Futures | Flat ₹20 per executed order | ₹0 |
Currency Options | Flat ₹20 per executed order | ₹0 |
Commodity Options | Flat ₹20 per executed order | ₹0 |
Mutual Fund | N/A | N/A |
Segment | Angel Broking | Finvasia |
---|---|---|
Equity Delivery | Upto 3x | 1x |
Equity Intraday | Upto 10x | Upto 10x |
Equity Future | Upto 4x | 2x |
Equity Options | 3x for shorting | 1x |
Currency Future | Upto 2x | 1x |
Currency Options | Upto 5x for shorting | 1x |
Commodity Future | 3x | 2x |
Commodity Options | N/A | 1x |