Prabhudas Lilladher vs Angel Broking Comparison: 2024
About Prabhudas Lilladher
Have you heard or read about "Prabhudas Lilladher Pvt.Ltd." a popular stock broking firm in India.
PL India: Formation & Glimpse
Shahrukh Khan is a legend in the Indian film industry. We all know his name and movies irrespective of our age and liking. Did you know that there are legendary pioneers in financial markets as well?
That brings us to today’s topic, "Prabhudas Lilladher".
Let us start by answering the first question: Who is Prabhudas Lilladher?
Prabhudas Lilladher or more popularly known as PL India is one of the oldest stockbroking houses in India. The company was registered in the year 1944 by Prabhudas Lilladher as a stock broking company in India.
But, over the years the company has seen a gradual growth and expanded to become a one-stop-shop for companies all financial needs.
The company’s headquarters is at Mumbai but it has spread its presence in over 30+ cities of India.
Moreover, PL India is
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
Prabhudas Lilladher vs Angel Broking Account Opening Charges: 2024
| Charge | Prabhudas Lilladher | Angel Broking |
|---|---|---|
| Demat Account Opening Charges | ₹0 | ₹0 |
| Trading Acc Opening Charges | ₹0 | ₹600 (One-time) |
| Trading Account AMC | ₹0 | ₹0 |
| Demat Account AMC | ₹250, free for 1st year | ₹450 (from 2nd year onwards) |
Prabhudas Lilladher vs Angel Broking Brokerage Charges and Plans : 2024
| Charge | Prabhudas Lilladher | Angel Broking |
|---|---|---|
| Plan Name | N/A | iTrade Prime |
| Equity Delivery | 0.2% | ₹0 |
| Equity Intraday | 0.02% | Flat ₹20 per executed order |
| Equity Futures | 0.02% | Flat ₹20 per executed order |
| Equity Options | 0.02% | Flat ₹20 per executed order |
| Currency Futures | 0.02% to 0.01% | Flat ₹20 per executed order |
| Currency Options | ₹15 per Lot | Flat ₹20 per executed order |
| Commodity Options | 0.02% | Flat ₹20 per executed order |
| Mutual Fund | N/A | N/A |
Prabhudas Lilladher vs Angel Broking Margin / Exposure: 2024
| Segment | Prabhudas Lilladher | Angel Broking |
|---|---|---|
| Equity Delivery | N/A | Upto 3x |
| Equity Intraday | N/A | Upto 10x |
| Equity Future | N/A | Upto 4x |
| Equity Options | N/A | 3x for shorting |
| Currency Future | N/A | Upto 2x |
| Currency Options | N/A | Upto 5x for shorting |
| Commodity Future | N/A | 3x |
| Commodity Options | N/A | N/A |