Angel Broking Brokerage Charges & Brokerage Plans Review

Angel broking is one of the largest full service broker in India. Lets have a detailed review of Angel Broking Brokerage Charges & Angel Broking Brokerage Plans.

Angel Broking Demat account

 


Angel Broking Brokerage Charges

This section deals in depth about the Angel broking brokerage charges that an investor would incur while undertaking trading with Angel Broking.

Herein, not only the basic Angel Broking charges are discussed, but also the additional statutory charges that are levied for any transaction.

This has been done to ensure that the readers get a wholesome picture and are well informed about the total outflow they may suffer and plan their activities accordingly.

We hope that by the end of this article, the readers will have adequate knowledge of the various applicable charges and are in a position to self-assess the total charges payable.

The very first charge is in form of brokerage charge – this is kind of a cut paid to the broking firm for facilitating the trading. The previous basic brokerage charges prescribed by Angel Broking has been revoked.

Now only flat rates of Rs.20 per trade is available for all segments except Equity Delivery, for Equity Delivery there are no charges, it is provided for free to all users.

To encourage trading in all the segments, Angel Broking is also providing higher exposure or limits to the traders than before.


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Angel Broking Brokerage Plans

This Broking house provides 4 types of brokerage plans to its clients, lets dig deep into each one of them

Angel iTrade Plan (Angel Flat Rate Plan)

Brokerage Charge & Fees Angel iTrade Prime
Equity Delivery Trading FREE
Equity Intraday Trading Rs.20 per order
Commodity Options Trading Rs.20 per order
Equity Futures Trading Rs.20 per order
Equity Options Trading Rs.20 per order
Currency Futures Trading Rs.20 per order
Currency Options Trading Rs.20 per order
Minimum Brokerage Rs.20 per order
Demat AMC Charges Free or Rs.300
Trading AMC Charges Free
Margin Money Rs.10,000 Minimum

Angel i-Trade Prime by Angel Broking at Rs.20 Flat charges per Trade in Intraday, F&O, Currency & Commodity & Free Equity Delivery Trading

Angel iTrade Plan is applicable for all segments from April 2019 onwards. If you have any query then you can clear your doubts by connecting to Angel Broking Representative immediately and avail the offer.


Angel Broking Charges – Others

Apart from the brokerage charges, the following additional statutory charges applied to every client:

Segments Transaction Charges (per Cr.) STT GST
Equity Delivery & Inntraday INR 325 Delivery – 0.01% on both Sides
Intraday – 0.025% on Sell Side
18% on Brokerage + Transaction Charges
Futures – Equity INR 190 0.01% on Sell Side
Options – Equity INR 5,000 0.017% on Sell Side
Futures – Currency INR 110 NA
Options – Currency INR 4,000 NA
Commodity NSE – 0.0001%
MCX-SX: 0.0001%
MCX: 0.0015%
NCDEX: 0.0030%
0.01% on Sell Side

Along with above mentioned charges there are two more charges applies

  • SEBI Turnover – INR 15 per Cr.
  • Stamp Duty – 0.01% or INR 50 whichever is high (Stamp duty may vary depending upon state laws)

The above details would suffice for an investor to learn about the total charges that he or she has to bear for any trading activity.


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Angel Broking Charges explained

The above mentioned charges are also explained here under as an additional information for our readers:

  • Transaction charges : This includes two components – Exchange turnover charges and clearing charges. The exchange turnover charges are the charges levied by the stock exchange for providing a platform to execute trade. The clearing charges are the charges that are paid or incurred by the stock broker to get the trade settled/cleared either by professional clearing member or by itself.
  • STT ( Securities transaction tax): This is a fiscal tax imposed by the Government. This was introduced to curb cases where the profits from trading were not being declared by the investors.
  • GST: The most happening topic since last few months – Goods and service tax
  • SEBI Turnover fee: This came in effect in January 2007 and was introduced by SEBI – Securities & Exchange Board of India. SEBI prescribed that the brokerage houses are required to pay certain percent of their respective turnover.

The brokerage houses charge their investor with this fee (i.e. the prescribed percentage is charged on the value of transaction) on each transaction and then remit this to the SEBI via concerned stock exchange.

This fee is shown separately in the contract note.


Angel Broking Brokerage Charges Review by Customers

Angel Broking Brokerage Charges Ratings & Review by customers


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Fill Your Details Here
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Learn more about Angel Broking

Brokerage Charges Review Products Review
Demat Account Review Services Review
Angel Speedpro Review Angel Trade Review
Mobile App Review Angel Broking Review

List of all Full-Service Brokers in India –

Angel Broking , Motilal Oswal , Kotak Securities , HDFC Securities , Sharekhan , India Infoline / IIFL , ICICI Direct , Edelweiss , Karvy , SBI Cap Securities , Geogit BNP Paribas , Anand Rathi , Religare Securities , Indiabulls Ventures , Just Trade , Ventura Securities , Marwadi Group , Aditya Birla Money , Axis Direct , SMC Global , GEPL Capital , IDBI Direct , GCL Securities , Arihant Capital , Mangal Keshav , MasterTrust , Networth Direct , Reliance Securities , Sushil Finance , LSE Securities

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