SBIcap Securities vs Angel Broking Comparison: 2024
About SBIcap Securities
SBI cap securities is the broking arm of the decades old and one of the top financial bodies SBI Capital Market ltd. Having the leverage of such an influential bank as a parent body, SBI Securities Ltd. or SSL is one of the leading stock brokers in India. They deal with a variety of depository participant (DP) services as well as equity, derivatives, broking and E-broking services to cater to both national and NRI clientele. SSL has been assigned the title of 'BQ1' (The Highest grade) by CRISIL for its operational qualities and services.
SBI Cap Securities: Overview
Founded in 2006 by Arun Mehta, SSL is a Mumbai-based Full service broker which offers trading in Equity delivery, Equity intraday, Commodity options, Equity futures, Equity options, Currency options and Currency futures. The minimum broking charge is Rs.10 per transaction.
It offers a 3-in-1 account feature, like other financial broking firms for direct
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
SBIcap Securities vs Angel Broking Account Opening Charges: 2024
| Charge | SBIcap Securities | Angel Broking |
|---|---|---|
| Demat Account Opening Charges | ₹0 | ₹0 |
| Trading Acc Opening Charges | ₹850 | ₹600 (One-time) |
| Trading Account AMC | ₹0 | ₹0 |
| Demat Account AMC | ₹350 | ₹450 (from 2nd year onwards) |
SBIcap Securities vs Angel Broking Brokerage Charges and Plans : 2024
| Charge | SBIcap Securities | Angel Broking |
|---|---|---|
| Plan Name | eZ-trade Plan | iTrade Prime |
| Equity Delivery | 0.50% | ₹0 |
| Equity Intraday | 0.05% | Flat ₹20 per executed order |
| Equity Futures | 0.05% | Flat ₹20 per executed order |
| Equity Options | ₹100 per lot | Flat ₹20 per executed order |
| Currency Futures | 0.03% | Flat ₹20 per executed order |
| Currency Options | ₹30 per lot | Flat ₹20 per executed order |
| Commodity Options | NA | Flat ₹20 per executed order |
| Mutual Fund | N/A | N/A |
SBIcap Securities vs Angel Broking Margin / Exposure: 2024
| Segment | SBIcap Securities | Angel Broking |
|---|---|---|
| Equity Delivery | 2x | Upto 3x |
| Equity Intraday | Upto 5x | Upto 10x |
| Equity Future | Nil | Upto 4x |
| Equity Options | Nil | 3x for shorting |
| Currency Future | Nil | Upto 2x |
| Currency Options | Nil | Upto 5x for shorting |
| Commodity Future | N/A | 3x |
| Commodity Options | N/A | N/A |