Angel Broking vs Trade Smart Online 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 Trade Smart Online
Trade Smart is a well-known name in India’s Stock Broking industry, which is ranks well among the famous discount brokers in India.
Trade Smart: An Overview
Trade Smart is a Mumbai based broking firm, incorporated in 1994 by VNS Finance and Capital Ltd. It is the ideal spot for investors and traders looking for high margins with low brokerages and the fast trading platform.
Trade Smart began with the vision to offer a smart and consistent trading experience to users through their various services and trading platforms. From that point forward, Trade Smart has left no efforts in utilizing innovative technology solutions for easement customers in trading.
They have a daily trade value of Rs. 2500 crore with more than 17000 spangling customer base, which is growing day by day, providing their best facilities and national presence. Also, they have their branches at numerous locations across the nation, supported by no not exactly
Angel Broking vs Trade Smart Online Account Opening Charges: 2024
| Charge | Angel Broking | Trade Smart Online |
|---|---|---|
| Demat Account Opening Charges | ₹0 | ₹200 |
| Trading Acc Opening Charges | ₹600 (One-time) | ₹200 |
| Trading Account AMC | ₹0 | ₹0 |
| Demat Account AMC | ₹450 (from 2nd year onwards) | ₹300 |
Angel Broking vs Trade Smart Online Brokerage Charges and Plans : 2024
| Charge | Angel Broking | Trade Smart Online |
|---|---|---|
| Plan Name | iTrade Prime | Power Trading Plan |
| Equity Delivery | ₹0 | ₹15 per executed order |
| Equity Intraday | Flat ₹20 per executed order | ₹15 per executed order |
| Equity Futures | Flat ₹20 per executed order | ₹15 per executed order |
| Equity Options | Flat ₹20 per executed order | ₹15 per executed order |
| Currency Futures | Flat ₹20 per executed order | ₹15 per executed order |
| Currency Options | Flat ₹20 per executed order | ₹15 per executed order |
| Commodity Options | Flat ₹20 per executed order | ₹15 per executed order |
| Mutual Fund | N/A | N/A |
Angel Broking vs Trade Smart Online Margin / Exposure: 2024
| Segment | Angel Broking | Trade Smart Online |
|---|---|---|
| Equity Delivery | Upto 3x | 1x (No Margin) |
| Equity Intraday | Upto 10x | Upto 30x |
| Equity Future | Upto 4x | MIS: 3X | BO: 7X | CO: 7X |
| Equity Options | 3x for shorting | MIS: 3X | BO: 7X | CO: 7X |
| Currency Future | Upto 2x | MIS: 3X | BO: 3X | CO: 3X |
| Currency Options | Upto 5x for shorting | MIS: 3X |
| Commodity Future | 3x | MIS: 2X | BO: 6X | CO: 6X |
| Commodity Options | N/A | N/A |