Angel Broking vs Upstox 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 Upstox

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

Angel Broking vs Upstox Account Opening Charges: 2024

ChargeAngel BrokingUpstox
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)

Angel Broking vs Upstox Brokerage Charges and Plans : 2024

ChargeAngel BrokingUpstox
Plan NameiTrade PrimeBasic
Equity Delivery₹0₹0 (FREE)
Equity IntradayFlat ₹20 per executed order₹20 per trade or 0.05% (whichever is lower)
Equity FuturesFlat ₹20 per executed order₹20 per trade or 0.05% (whichever is lower)
Equity OptionsFlat ₹20 per executed order₹20 per trade or 0.05% (whichever is lower)
Currency FuturesFlat ₹20 per executed order₹20 per trade or 0.05% (whichever is lower)
Currency OptionsFlat ₹20 per executed order₹20 per trade or 0.05% (whichever is lower)
Commodity OptionsFlat ₹20 per executed order₹20 per trade or 0.05% (whichever is lower)
Mutual FundN/AN/A

Angel Broking vs Upstox Margin / Exposure: 2024

SegmentAngel BrokingUpstox
Equity DeliveryUpto 3x1x (no margin)
Equity IntradayUpto 10xBasic: 15x | Priority: 20x | Basic CO: 20x | Priority CO: 27x
Equity FutureUpto 4xBasic: 3x | Priority: 3x | Basic CO: 5x | Priority CO: 6x
Equity Options3x for shortingBasic: 3x | Priority: 3x | Basic CO: 3x | Priority CO: 3x
Currency FutureUpto 2xBasic:4x | Priority:4x | Basic CO:4x | Priority CO:5x
Currency OptionsUpto 5x for shortingBasic: 4x | Priority: 4x | Basic CO: 4x | Priority CO: 5x
Commodity Future3xBasic: 2.5x | Priority: 3x | Basic CO: 3x | Priority CO: 4x
Commodity OptionsN/AN/A

Angel Broking vs Upstox Currency Charges and Plans: 2024

Angel Broking charge Flat ₹20 per executed order for Currency Futures and Flat ₹20 per executed order for Currency Options whereas Upstox Charges ₹20 per trade or 0.05% (whichever is lower) for Currency futures and ₹20 per trade or 0.05% (whichever is lower) for Currency options.

Angel Broking vs Upstox Commodity Charges and Plans: 2024

Angel Broking charge Flat ₹20 per executed order for commodity and Upstox charge ₹20 per trade or 0.05% (whichever is lower) for commodity.
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