Angel Broking vs Indiabulls 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 Indiabulls
India bulls ventures Ltd. is a flagship company of the Indiabulls group operating in the capital market since 1999 with multiple subsidiary companies fields like housing finance, personal wealth as well as a presence in Real estate, pharmaceuticals, and infrastructure sector.
Formerly known as Indiabulls Securities Ltd, it re-launched its trading platform under the name \Indiabulls Shubh\ in 2019. It is one of the largest discount brokers in India with a client base of approximately 7 lakhs spread across 18 cities.
India Bulls Stock Broker: An overview
The broking venture under the India bulls company is known in the market by the name of 'Shubh'. this broking firm was founded in 1995 by Sameer Gehlot and has managed to gain nationwide recognition and trust ever since. This Mumbai-based firm provides integrated financial services such as Stock broking, Demat account, Equity Research, and Margin Funding.
India bulls Shubh pioneered the online trading platform facility
Angel Broking vs Indiabulls Account Opening Charges: 2024
| Charge | Angel Broking | Indiabulls |
|---|---|---|
| Demat Account Opening Charges | ₹0 | ₹0 |
| Trading Acc Opening Charges | ₹600 (One-time) | ₹500 |
| Trading Account AMC | ₹0 | ₹0 |
| Demat Account AMC | ₹450 (from 2nd year onwards) | ₹450 |
Angel Broking vs Indiabulls Brokerage Charges and Plans : 2024
| Charge | Angel Broking | Indiabulls |
|---|---|---|
| Plan Name | iTrade Prime | Equity Unlimited Trade Plan |
| Equity Delivery | ₹0 | ₹0 |
| Equity Intraday | Flat ₹20 per executed order | ₹0 |
| Equity Futures | Flat ₹20 per executed order | ₹15 per trade |
| Equity Options | Flat ₹20 per executed order | ₹15 per trade |
| Currency Futures | Flat ₹20 per executed order | ₹15 per trade |
| Currency Options | Flat ₹20 per executed order | ₹15 per trade |
| Commodity Options | Flat ₹20 per executed order | 0.03% |
| Mutual Fund | N/A | N/A |
Angel Broking vs Indiabulls Margin / Exposure: 2024
| Segment | Angel Broking | Indiabulls |
|---|---|---|
| Equity Delivery | Upto 3x | 1x (No margin) |
| Equity Intraday | Upto 10x | Upto 5x |
| Equity Future | Upto 4x | Intra-day: 4x | Carry forward: 1x |
| Equity Options | 3x for shorting | Intra-day: 4x | Carry forward: 1x |
| Currency Future | Upto 2x | Intra-day: 2x | Carry forward: 1x |
| Currency Options | Upto 5x for shorting | Intra-day: 2x | Carry forward: 1x |
| Commodity Future | 3x | N/A |
| Commodity Options | N/A | N/A |