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 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.
It provides the iTrade Prime (Flat fee) Trading Plan which has Free Equity Delivery and
Upstox, another name to be included in the list of fastest growing discount brokers in India. We wonder, how much longer the list of stock brokers in India will eventually get. Every other day you hear a lot of new entrants, or existing players modifying their strategies to survive and succeed in the stock broking world.
Uptstox, formerly known as RKSV Securites, is one of the biggest discount brokers in India, funded by the likes of Ratan Tata, Kalaari Capital and GVK Davix, making the firm a dependable and safe broker for all of your investment and trading needs. Based out of Mumbai, Upstox is a wide-range broker. This stock broking platform offers a huge range of trading products and services.
Using Upstox has huge advantages, especially for traders, given its plans and cheap brokerage despite volume. Also, Upstox also offers one of the quickest trading terminals, which, any trader could tell
Charge | Angel Broking | Upstox |
---|---|---|
Demat Account Opening Charges | ₹0 | ₹0 |
Trading Acc Opening Charges | ₹600 (One-time) | ₹249 |
Trading Account AMC | ₹0 | ₹0 |
Demat Account AMC | ₹450 (from 2nd year onwards) | ₹300 per year (paid monthly) |
Charge | Angel Broking | Upstox |
---|---|---|
Plan Name | iTrade Prime | Basic |
Equity Delivery | ₹0 | ₹0 (FREE) |
Equity Intraday | Flat ₹20 per executed order | ₹20 per trade or 0.05% (whichever is lower) |
Equity Futures | Flat ₹20 per executed order | ₹20 per trade or 0.05% (whichever is lower) |
Equity Options | Flat ₹20 per executed order | ₹20 per trade or 0.05% (whichever is lower) |
Currency Futures | Flat ₹20 per executed order | ₹20 per trade or 0.05% (whichever is lower) |
Currency Options | Flat ₹20 per executed order | ₹20 per trade or 0.05% (whichever is lower) |
Commodity Options | Flat ₹20 per executed order | ₹20 per trade or 0.05% (whichever is lower) |
Mutual Fund | N/A | N/A |
Segment | Angel Broking | Upstox |
---|---|---|
Equity Delivery | Upto 3x | 1x (no margin) |
Equity Intraday | Upto 10x | Basic: 15x | Priority: 20x | Basic CO: 20x | Priority CO: 27x |
Equity Future | Upto 4x | Basic: 3x | Priority: 3x | Basic CO: 5x | Priority CO: 6x |
Equity Options | 3x for shorting | Basic: 3x | Priority: 3x | Basic CO: 3x | Priority CO: 3x |
Currency Future | Upto 2x | Basic:4x | Priority:4x | Basic CO:4x | Priority CO:5x |
Currency Options | Upto 5x for shorting | Basic: 4x | Priority: 4x | Basic CO: 4x | Priority CO: 5x |
Commodity Future | 3x | Basic: 2.5x | Priority: 3x | Basic CO: 3x | Priority CO: 4x |
Commodity Options | N/A | N/A |