Angel Broking vs Interactive Brokers 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 Interactive Brokers

Interactive Brokers, found in 1978 is currently one of the biggest discount brokers in the world. Naturally, the broker is regulated by different financial authorities according to the country, including UK's Financial Conduct Authority (FCA) and the US Securities and Exchange Commission (SEC), and India’s Securities and Exchange Board of India (SEBI). It has presence over a number of countries worldwide!

A one-stop solution for Indian residents interested in investing both in the Indian as well as the global markets.

Interactive Brokers: An Overview

Interactive Brokers has business on over 135 market destinations worldwide, where they provide service of trading stocks, options, futures, forex, fixed income and funds worldwide, executing about 1,746,000 trades per day.

Interactive Brokers has its headquarters in Greenwich, Connecticut. It functions with over 1400 employees in a number of countries like the USA, Switzerland, Canada, India, Hong Kong, UK, Australia, Hungary, Russia, Japan, China and Estonia.

In India, the

Angel Broking vs Interactive Brokers Account Opening Charges: 2024

ChargeAngel BrokingInteractive Brokers
Demat Account Opening Charges₹0₹0
Trading Acc Opening Charges₹600 (One-time)₹0
Trading Account AMC₹0₹0
Demat Account AMC₹450 (from 2nd year onwards)₹0

Angel Broking vs Interactive Brokers Brokerage Charges and Plans : 2024

ChargeAngel BrokingInteractive Brokers
Plan NameiTrade PrimeN/A
Equity Delivery₹0Minimum ₹6 and Upto ₹20 per executed order
Equity IntradayFlat ₹20 per executed orderMinimum ₹6 and Upto ₹20 per executed order
Equity FuturesFlat ₹20 per executed orderMinimum ₹6 and Upto ₹20 per executed order
Equity OptionsFlat ₹20 per executed orderMinimum ₹6 and Upto ₹20 per executed order
Currency FuturesFlat ₹20 per executed orderMinimum ₹6 and Upto ₹20 per executed order
Currency OptionsFlat ₹20 per executed orderMinimum ₹6 and Upto ₹20 per executed order
Commodity OptionsFlat ₹20 per executed orderN/A
Mutual FundN/AN/A

Angel Broking vs Interactive Brokers Margin / Exposure: 2024

SegmentAngel BrokingInteractive Brokers
Equity DeliveryUpto 3xN/A
Equity IntradayUpto 10xN/A
Equity FutureUpto 4xN/A
Equity Options3x for shortingN/A
Currency FutureUpto 2xN/A
Currency OptionsUpto 5x for shortingN/A
Commodity Future3xN/A
Commodity OptionsN/AN/A

Angel Broking vs Interactive Brokers 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 Interactive Brokers Charges Minimum ₹6 and Upto ₹20 per executed order for Currency futures and Minimum ₹6 and Upto ₹20 per executed order for Currency options.
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Angel BrokingInteractive Brokers
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