Angel Broking vs Motilal Oswal 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 Motilal Oswal
A Mumbai based entity, Motilal Oswal is one of the oldest brokerage firms providing various financial services. It has been operating for more than 30 years in this field, established in 1987. Motilal Oswal is a full service broker offering services ranging from trading to portfolio management. It has one of the largest client base in India, harbouring clients from all ends from retail investors to high-net-worth individuals, including but not limited to foreign institutional investors, mutual funds and financial institutions.
Motilal Oswal: Overview
A subsidiary of Motilal Oswal Financial Service Limited, Motilal Oswal Securities Limited is a brokerage firm provides a wide range of trading options, including trading in equity, debt, derivatives and currencies across various stock exchanges like BSE, NSE, NCDEX, MCX. The firm also provides research based reports, in fact it invests about 10% of its revenue in such research practices, and it has published more than 30000
Angel Broking vs Motilal Oswal Account Opening Charges: 2024
| Charge | Angel Broking | Motilal Oswal |
|---|---|---|
| Demat Account Opening Charges | ₹0 | ₹0 |
| Trading Acc Opening Charges | ₹600 (One-time) | ₹1000 (One-time) |
| Trading Account AMC | ₹0 | ₹0 |
| Demat Account AMC | ₹450 (from 2nd year onwards) | ₹299 |
Angel Broking vs Motilal Oswal Brokerage Charges and Plans : 2024
| Charge | Angel Broking | Motilal Oswal |
|---|---|---|
| Plan Name | iTrade Prime | Default Plan |
| Equity Delivery | ₹0 | 0.50% |
| Equity Intraday | Flat ₹20 per executed order | 0.05% (both side) |
| Equity Futures | Flat ₹20 per executed order | 0.05% (both side) |
| Equity Options | Flat ₹20 per executed order | ₹100 per lot (both side) |
| Currency Futures | Flat ₹20 per executed order | ₹20 per lot (both side) |
| Currency Options | Flat ₹20 per executed order | ₹20 per lot (both side) |
| Commodity Options | Flat ₹20 per executed order | 0.05% (both side) |
| Mutual Fund | N/A | N/A |
Angel Broking vs Motilal Oswal Margin / Exposure: 2024
| Segment | Angel Broking | Motilal Oswal |
|---|---|---|
| Equity Delivery | Upto 3x | 4x |
| Equity Intraday | Upto 10x | 20x for Margin+ (Over 140 Stocks), Other stocks: 4x |
| Equity Future | Upto 4x | Upto 3x |
| Equity Options | 3x for shorting | Nil |
| Currency Future | Upto 2x | N/A |
| Currency Options | Upto 5x for shorting | Nil |
| Commodity Future | 3x | Upto 3x |
| Commodity Options | N/A | N/A |