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 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.

Angel Classic Brokerage Plan

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)

 Angel Preferred Brokerage plan

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.

Angel Premier Brokerage plan

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.

Angel Elite brokerage plan

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 Eye It is a browser based trading platform where rates are updated automatically. All segments are available on a single screen. It provides portfolio tracking and Trading on the application. This is good for day traders who buy and sell multiple times every day. It provides services like Portfolio tracker, Research and marketing info for stocks, alerts and trading charts for traders.
  • 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
  • Angel Lite It is a mobile browser based Trading tool which can be accessed with minimal GPRS connectivity. It needs no download or installation. It comes with customizable/multiple Market Watch with facility to add 20 scrips.. View live rates, last traded price and % change of your favourite stocks.
  • Angel Swift This is an app provided on App store, Google playstore and Blackberry world.  It allows accessing and trading even on tablets, smart phones and mobiles. This provides some basic information to user for trading the account but it could be helpful for someone who is not sitting on the computer full day and still wants to trade on the go.

Please have a look at the mobile App

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 account opening