Angel broking brokerage charges

Incorporated in 1987, Angel Broking has become one of the most respected Stock-Broking and Wealth Management Companies in India. They adopted a Retail Specific outlook early on and have since built up a huge network of Branches and Franchises. (More than 900 cities and 8500 Franchises).

Major Financial News channels regularly feature their Analysts and seek their Expert Opinion. They have a number of Trading platforms as per the medium of transaction be it Online, Smart phones, Tablets and Desktops.Review of Angel broking

The Angel Group is a member of the Bombay Stock Exchange (BSE), National Stock Exchange (NSE) and the two leading Commodity Exchanges in the country: NCDEX & MCX. They are also registered as a Depository Participant with CDSL.

Angel Trade Brokerage Charges 2016

Account opening fees:

Stock trading account – Nil
Demat account – Nil
Annual Maintenance Charge- As per Account type
Commodity trading – Nil

Angel button

Angel Broking’s Account Types:-

  1. Angel Classic:-

This account is from a beginner’s point of view. One should pay minimum Rs.10,000 at the time of account opening, that amount will be later utilized by customer only for trading.

Margin Amount will specify the brokerage which one have to pay during trading.

MINIMUM BROKERAGE FOR TRADING & DELIVERY ONLINE OFFLINE
EQUITY DELIVERY 0.32% 0.40%
EQUITY INTRA TRADE/FUTURES* 0.032% 0.04%
NIFTY OPTIONS* (Per,Lot) Rs40 Rs50
OTHER OPTIONS* ,(Per Lot) Rs80 Rs100
CURRENCY,OPTIONS* (Per Lot) Rs6.4 Rs8
CURRENCY FUTURES* 0.0160% 0.020%
COMMODITY DELIVERY NA 0.30%
COMMODITY FUTURES INTRADAY* 0.0184% 0.023%

For example:- If a person trade for Rs.10000 in equities, then his brokerage will be rs.32 + 14% service tax on brokerage.

  1. Angel Preferred:-

In this type of account, one have to pay minimum Rs. 25,000, to get brokerage .224% delivery and .0224% intraday &Future.

(No AMC for 1 Year)

MINIMUM BROKERAGE FOR TRADING & DELIVERY ONLINE OFFLINE
EQUITY DELIVERY 0.224% 0.280%
EQUITY INTRA TRADE/FUTURES* 0.0224% 0.0280%
NIFTY OPTIONS* (Per,Lot) Rs32 Rs40
OTHER OPTIONS* ,(Per Lot) Rs64 Rs80
CURRENCY,OPTIONS* (Per Lot) Rs5.6 Rs7
CURRENCY FUTURES* 0.0112% 0.014%
COMMODITY DELIVERY NA 0.30%
COMMODITY FUTURES INTRADAY* 0.0152% 0.019%

For example:- If a person trade for Rs.10000 in equities, then his brokerage will be rs.22 + 14% service tax on brokerage.

  1. Angel Premier:-

Premier account is for the customers whose initial starting is Rs.50,000 to Rs.99,999. These customers have to pay low brokerage as .176% delivery and .0176% intraday & future.

MINIMUM BROKERAGE FOR TRADING & DELIVERY ONLINE OFFLINE
EQUITY DELIVERY 0.176% 0.220%
EQUITY INTRA TRADE/FUTURES* 0.0176% 0.022%
NIFTY OPTIONS* (Per,Lot) Rs24 Rs30
OTHER OPTIONS* ,(Per Lot) Rs48 Rs60
CURRENCY,OPTIONS* (Per Lot) Rs4.8 Rs6
CURRENCY FUTURES* 0.0088% 0.011%
COMMODITY DELIVERY NA 0.30%
COMMODITY FUTURES INTRADAY* 0.012% 0.015%

For example:- If a person trade for Rs.10000 in equities, then his brokerage will be rs.17.6 + 14% service tax on brokerage.

  1. Angel Elite:-

Elite account will be used by the customers having initial amount 1 lakh and more. They are the one who will pay least brokerage under us as brokerage varies as per the initial starting amount.

MINIMUM BROKERAGE FOR TRADING & DELIVERY ONLINE OFFLINE
EQUITY DELIVERY 0.128% 0.160%
EQUITY INTRA TRADE/FUTURES* 0.0128% 0.016%
NIFTY OPTIONS* (Per,Lot) Rs16 Rs20
OTHER OPTIONS* ,(Per Lot) Rs32 Rs40
CURRENCY,OPTIONS* (Per Lot) Rs3.2 Rs4
CURRENCY FUTURES* 0.008% 0.010%
COMMODITY DELIVERY NA 0.30%
COMMODITY FUTURES INTRADAY* 0.0088% 0.011%

For example:- If a person trade for Rs.10000 in equities, then his brokerage will be rs.12.8+ 14% service tax on brokerage.

Brokerage
The brokerage in Angel broking is decided based on the initial margin you provide to open the account. The concept being the higher the initial margin deposited, higher would be the trading done by the customer. You can generally negotiate a better brokerage rate with them once you start trading. Depending on the volume of trade they should be able to provide you a more competitive rate.

If Initial margin check is more then 25,000
Intraday (Buy & Sell): Rs. 0.04% per trade
Delivery (Buy & Sell): Rs. 0.40% per trade
F&O (Buy & Sell) : Rs. 0.04% per trade

If Initial margin check is more then 50,000
Intraday (Buy & Sell) : Rs. 0.03% per trade
Delivery (Buy & Sell): Rs. 0.30% per trade
F&O (Buy & Sell): Rs. 0.03% per trade

If Initial margin check is more then 1,00,000
Intraday (Buy & Sell) : Rs. 0.02% per trade
Delivery (Buy & Sell) : Rs. 0.20% per trade
F&O (Buy & Sell) : Rs. 0.02% per trade

Angel Broking’s Trading Platforms
Angel Broking offers 4 trading platforms to its customers.

  • Angel Broking Web : This is Angels browser based trading platform for which you don’t have to install anything on your computer. You can login your trading account through the browser and start trading. It provides functionality like charts, online trading and fund transfer. See our review of Angel broking Web platform below

  • Angel Mobile App : Angel Brokings’s New Mobile App is a provide mobile based trading platform for clients who want to trade using there smartphones. The app provides all the functionality like multiple index real time stock watch, intraday charts and trading across multiple segments. You can also view your trade reports, contract notes and P&L on it.

AB app pic 5 (1) AB app pic 2 (1)

  • Angel SpeedPro : It is an application based trading platform. The rates are updated automatically. This platform is useful for investors & traders to access market from different terminals. But to use this, you have to install the software on your system which may not be possible for people who are trading using the office computers. It suits well for Professional Traders.

Speed pro (1)

  • Angel Eye : IThis is a browser based trading platform which helps in managing your portfolio, trade efficiently. This can be used by clients who trade from office and cannot install the desktop based software on their computers.  They provide trading in all the segments from here and you can also purchase mutual fund through there platforms.

Angel Eye (1)

 

So if you open account with them, you can be sure that you will get the latest trading platform for desktop as well as mobile app.

To open account with Angel, click on the open account and get account opened for free.

Angel button

Comments

  1. I would like to know about service tax(14%)…how will u lived it on intraday and delivery…with example…

  2. Krunal Kothari says:

    Apart from the brokerage, they also charge a minimum brokerage fee of Rs.30 on a trading day..

    Eg.. you bought 20 shares of Rs 100/-.. your trading value comes to Rs 2000/-.. and your brokerage is 0.032% of 2000/-.. that comes to Rs. Approx 6/-.. but they will charge Rs 30/-.. so in short you have to trade a minimum of Rs. 10000/- on a day when you are trading..

    If you are not trading you won’t be charged.

  3. Hi,
    I’m interested in knowing the services and prices offered by angel brokering. Can one of your representatives meet me and explain them to me. I’ll then decide to open an account with you.

    Thanks,
    Rajesh

  4. How about the settlement of trades in case i purchase shares for instance. do i need to maintain funds with my ac with yourself ? or i will have to do a NEFT from my Bank ac to Angel Broking ?

  5. vikas v pisal says:

    i am from chiplun ratnagiri district . sir your subbroker cosed his office . i want to buy some stock , so tell me option.

  6. GIRIRAJ KUMAR VYAS says:

    I want to open demat as well as trading but I am a beginner so may I expect help from your side for trade (intra day).
    How would I have to pay money for opening trading and demat a/c.
    What document are required for it.
    I have a smart phone and computer also.
    I am interested in online trading.

    • Once you provide your details by clicking on the button above, someone from Angel local office will contact you and explain the account opening procedure. The document you will need for account opening are PAN card, Address proof and 6 months of bank statement. Once the account is opened, you can start trading on your mobile or computer.

  7. PARDEEP SINGH says:

    HOW CAN I TRADE THROUGH ANGELBROKING IF I AM IN HIMACHAL
    what are the charges to open account

  8. Let me know the details fr opening the demat and docs required

    • Hi Satish

      To open a demat-trading account with Angel Broking, please click here and provide your basic details in the page that opens up. Also if you scroll down on the page that opens up, you’ll be able to see a FAQs section where your queries such as documents requires etc. will be answered.

  9. Dharnendra says:

    Interested in NRE trading account

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