With this article, we are trying to convey as many details as possible about the Angel Broking Brokerage Charges and Angel Broking Charges for other components as mentioned below.
In trading and investment, one of the most important factors to consider is the cost of trading. The cost of trading involves various components like brokerage charges, transaction costs, and other charges.
Angel Broking has always been one of the premier stock broking firms in the country with a lot of customers and a variety of products to add to your investment portfolio. The firm has been charging the customers reasonable prices.
You can understand the price when you will go through the entire article below. So, let us start with the primary charges of all, that is the brokerage charge levied by the firm and then dig deeper into the other charges.
|Equity Delivery Trading||FREE|
|Equity Intraday Trading||Rs.20 / Executed Order|
|Margin Money||75% Margin|
|Margin Funding Charges||18% + GST|
|Reactivation Charges||Rs 20 per instruction|
What is the Angel Broking Brokerage Charges?
|What are the Equity Delivery Charges?||Free|
|What are the Equity Intraday Charges?||Rs.20 / Executed Order|
|What is the brokerage on Equity Futures?||Rs.20 / Executed Order|
|How much brokerage charged for Equity Options?||*Rs.20 / Executed Order|
|What is the brokerage on Currency Futures?||Rs.20 / Executed Order|
|What is the brokerage on Currency Options?||Rs.20 / Executed Order|
|How much brokerage charged for Commodity Trading?||*Rs.20 / Executed Order|
|Brokerage Calculator||Angel Broking Brokerage Calculator|
The Angel Broking Brokerage Charges are fixed as they have recently launched their iTrade Prime Plan. They offer a wide range of segments as you can see above.
The brokerage is fixed at Rs.20 on each order across segments. You also get the benefit from Angel Broking for trading in Delivery Segment as the charges on delivery trade are free now.
Another benefit of this fixed scheme which is applied across segments is that you don’t need to worry about your brokerage as they don’t change as per your volume. You can now trade as much as possible with brokerage fear.
If you compare the brokerage plans and charges of this firm with others in the market, you will find out that the other firms provide either of these two benefits but Angel Broking has punched both these together to provide maximum benefit to the customers.
Open Demat Account with Angel Broking Now! – Fill up the Form
What is the Angel Broking Account Opening Charges?
|Account Opening Charges|
|Are there any Trading Account Charges [One Time]?||Rs. 0|
|How much is the Trading Account AMC [Yearly]?||Rs. 0|
|Are there any Demat Charges [One Time]?||*Rs. 0|
|How much is the Demat AMC [Yearly]?||Rs. 450|
|Is any minimum Margin Money required?||Zero|
To everyone’s surprise, there are no Angel Broking Trading Charges at all. This means that you neither have to pay any account opening fee nor the annual maintenance charges for the trading account. Angel Broking trading account and the services it renders via it are free of cost.
While the Angel Broking account opening charge on the Demat account is also free but Angel Broking Demat Charges include an annual maintenance charge of Rs.450. This is also very nominal. Angel Broking is a highly reputed financial institution that doesn’t even ask for margin money.
This money lies in your trading account which you need to keep intact anytime for trading. This is the 75% Margin minimum margin requirement and comparatively, it is very less, especially when compared to other big brokers in the market.
Find out Brokerage & Other Charges of Stock Brokers
|HDFC Securities Charges||Paytm Money Charges||Wisdom Capital Charges|
|ICICI Direct Charges||Prabhudas Lilladher Charges||Yes Securities Charges|
|IDBI Direct Charges||Profitmart Charges||Zerodha Charges|
|IIFL Charges||Angel Broking Charges||Sharekhan Charges|
What are the Angel Broking Transaction Charges?
|Transaction Charges for each segment|
|What are the Transaction Charges for Equity Delivery?||NSE: 0.00325% and for BSE: 0.00325%|
|What are the Transaction Charges for Equity Intraday?||NSE: 0.00325% and for BSE: 0.00325%|
|How much are the Transaction Charges for Equity Futures?||0.00190%|
|How much are the Transaction Charges for Equity Options?||0.05% on Premium|
|What are the Transaction Charges for Currency Futures?||0.00190%|
|What are the Transaction Charges for Currency Options?||0.05% on Premium|
|Any Transaction Charges for Commodity Trading?||MCX: 0.00150% and for NCDEX: 0.00300%|
Transactions on the Angel Broking platform attract certain Angel Broking Charges. These charges are known as the Angel Broking transaction charges which are levied by the firm for rendering its services via the stock exchanges.
As you can see, the transaction charges are a little different for a few of the segments but in the Angel Broking platform, they differ across the two stock exchanges – NSE and BSE, because for many other brokers, they do differ for the stock exchanges as well.
The transaction charges are pretty average for all the segments in comparison with other brokerage houses’ transaction costs.
There are also transaction charges for the commodities segment and the exchanges on which commodities are traded are MCX for which the charge is 0.00150% of the total transactional amount and on NCDEX it is 0.00300%.
What are the other remaining Angel Broking Charges?
|How much are the Transaction Charges levied?||0.0002% of Total Turnover|
|What are the STT charges?||Equity Delivery: 0.1% on both Buy and Sell
Equity Intraday: 0.025% on the Sell Side
Futures: 0.01% on Sell Side
Options: 0.05% on Sell Side(on Premium)
Commodity Futures: 0.01% on sell side (Non-Agri)
Commodity Options: 0.05% on sell side
Currency F&O: No STT
On Exercise transaction: 0.125%
Right to entitlement: 0.05% on sell side
|How much is the Stamp Duty levied?||(On buy side only) Delivery: 0.015%, Intraday: 0.003%, Equity Futures: 0.002%, Equity Options: 0.003%, and Currency F&O: 0.0001%.Commodity Futures: 0.002%, Commodity Options: 0.003% (MCX)|
|How is the GST charged?||18% on (Brokerage + Transaction Charge + SEBI Fee)|
|Any Margin Funding Charges?||18% + GST|
|How much is the Reactivation Charge?||Rs 20 per instruction|
|Any charges for Account Closure?||Rs 25 per instruction|
|What are the Dematerialisation Charges?||*Rs 50 Per Certificate|
The statutory Angel Broking Charges / Govt Charges not only include the government taxes and charges but also certain charges that are levied by the SEBI.
The government levies charges like GST at a rate of 18%, then the stamp duty charges by the state government which varies between 0.002% and 0.004% and is decided by the state government only.
Then, there is STT or Securities transaction tax levied by the authorities at a rate of 0.0126% and this is the same for most of the stock brokers in the market.
So, all these charges do not make much difference to your cost of trading if you trade on another brokerage house platform as these charges are fixed by the government and SEBI for all.
There are certain other charges like margin funding cost or interest which is 18% plus GST and it is also the same for almost all brokerage houses. The firm charges no money from the customers if they want to close the account with the firm.
Check out the Charges of other Stock Brokers
|Eureka Securities Charges||My Value Trade Charges||Tradebulls Charges|
|Fyers Charges||Narnolia Charges||Upstox Charges|
|Geojit Finance Charges||Nirmal Bang Charges||Ventura Securities Charges|
|Globe Capital Charges||NJ Wealth Charges||Way2Wealth Charges|
General FAQs on Angel Broking Brokerage
Let’s have a look at the FAQs on Angel Broking Brokerage:
Does Angel Broking provide fixed brokerage options?
Yes, Angel Broking provides a fixed brokerage plan to the customers but it depends on the scheme you choose. There are multiple brokerage schemes according to the margin money or investment budget and the brokerage charges are different in all these schemes accordingly.
Does Angel Broking have different brokerage charges for penny stocks?
No, the firm provides no such different brokerage options for penny stocks.
Can I calculate Angel Broking brokerage even before I place a Trade?
Yes, one can calculate the brokerage of the trades before placing the order.
Can I calculate Angel Broking margin/limit/exposure?
Yes. The investor can check the margin balance and also calculate it before entering the order into the system.
Are there any account opening fees by Angel Broking?
No, there are no account opening charges taken by Angel Broking. You can open both Demat and trading accounts for free.
Is there any AMC levied by Angel Broking?
Yes, there is a nominal annual maintenance charge which is levied on the Demat account.
Angel Broking Charges – Conclusion
Angel Broking Charges are low that too even when it is a highly reputed firm with all the services. Generally, you won’t find full-service brokerage houses charging so low but Angel Broking Demat Charges and other charges are rare examples.
The firm provides exceptional services at such low cost and this helps the traders to explore more opportunities without worrying too much about the brokerage and other charges.
Open Demat Account with Angel Broking Now! – Fill up the Form
Find out the Brokerage Charges of other Stock Brokers
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