Angel Broking vs Finvasia 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 Finvasia

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: an overview

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

Angel Broking vs Finvasia Account Opening Charges: 2024

ChargeAngel BrokingFinvasia
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)

Angel Broking vs Finvasia Brokerage Charges and Plans : 2024

ChargeAngel BrokingFinvasia
Plan NameiTrade PrimeStandard
Equity Delivery₹0₹0
Equity IntradayFlat ₹20 per executed order₹0
Equity FuturesFlat ₹20 per executed order₹0
Equity OptionsFlat ₹20 per executed order₹0
Currency FuturesFlat ₹20 per executed order₹0
Currency OptionsFlat ₹20 per executed order₹0
Commodity OptionsFlat ₹20 per executed order₹0
Mutual FundN/AN/A

Angel Broking vs Finvasia Margin / Exposure: 2024

SegmentAngel BrokingFinvasia
Equity DeliveryUpto 3x1x
Equity IntradayUpto 10xUpto 10x
Equity FutureUpto 4x2x
Equity Options3x for shorting1x
Currency FutureUpto 2x1x
Currency OptionsUpto 5x for shorting1x
Commodity Future3x2x
Commodity OptionsN/A1x

Angel Broking vs Finvasia Currency Charges and Plans: 2024

Angel Broking charge Flat ₹20 per executed order for Currency Futures and Flat ₹20 per executed order for Currency Options whereas Finvasia Charges ₹0 for Currency futures and ₹0 for Currency options.

Angel Broking vs Finvasia Commodity Charges and Plans: 2024

Angel Broking charge Flat ₹20 per executed order for commodity and Finvasia charge ₹0 for commodity.
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