Fyers vs Angel Broking Comparison: 2024
About Fyers
Fyers Securities is a team of young, enthusiastic business people with over 10 years of trading and security industry experience. They are also associated with IL&FS Securities Services Limited for their demat account services and mutual fund services.
One interesting fact about this stock broker is that it pioneered a new method in investing stock called ‘Themed Investment’ providing the ability to invest in similar category of stocks. The closest similar practice would be with Exchange Traded Funds (ETFs). However, Thematic Investment offers more flexibility than ETFs, because the companies to invest in a particular theme are identified by the broker, even the community sometimes.
Fyers : Overview
Based out of Bangalore, Karnataka, Fyers was launched in 2015, and in this limited time period, it has become one of the popular discount brokers in India. Found by Tejas Khoday, Shreyas Khodey & Yashas Khodey, FYERS is basically an acronym for ‘Focus Your
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
Fyers vs Angel Broking Account Opening Charges: 2024
| Charge | Fyers | Angel Broking |
|---|---|---|
| Demat Account Opening Charges | ₹0 | ₹0 |
| Trading Acc Opening Charges | ₹400 | ₹600 (One-time) |
| Trading Account AMC | ₹0 | ₹0 |
| Demat Account AMC | ₹300 | ₹450 (from 2nd year onwards) |
Fyers vs Angel Broking Brokerage Charges and Plans : 2024
| Charge | Fyers | Angel Broking |
|---|---|---|
| Plan Name | Flat Fee Plan | iTrade Prime |
| Equity Delivery | ₹0 | ₹0 |
| Equity Intraday | ₹20 per executed order or 0.03% whichever is less | Flat ₹20 per executed order |
| Equity Futures | ₹20 per executed order or 0.03% whichever is less | Flat ₹20 per executed order |
| Equity Options | ₹20 per executed order | Flat ₹20 per executed order |
| Currency Futures | ₹20 per executed order or 0.03% whichever is less | Flat ₹20 per executed order |
| Currency Options | ₹20 per executed order | Flat ₹20 per executed order |
| Commodity Options | Futures: ₹20 per executed order or 0.03% whichever is less, Options: ₹20 per executed order | Flat ₹20 per executed order |
| Mutual Fund | N/A | N/A |
Fyers vs Angel Broking Margin / Exposure: 2024
| Segment | Fyers | Angel Broking |
|---|---|---|
| Equity Delivery | 1x | Upto 3x |
| Equity Intraday | Upto 5x | Upto 10x |
| Equity Future | Upto 4x | Upto 4x |
| Equity Options | Upto 5x | 3x for shorting |
| Currency Future | Upto 3x | Upto 2x |
| Currency Options | Upto 3x | Upto 5x for shorting |
| Commodity Future | Upto 3x | 3x |
| Commodity Options | Upto 3x | N/A |