Angel Broking vs IDBI Direct – Compare Brokerage Charges, Demat Account & more

Here is a detailed comparison of Angel Broking vs  IDBI Direct. Angel Broking is the only Full Service broker known to offer great deals to its clients like Life free demat account & more while IDBI Direct is one banking broker which is totally against any kind of marketing gimmick. This comparison between Angel Broking & IDBI Direct is a neck to neck affair.

Also, below we have provided you the links for Brokerage Calculator and Margin Money Calculator for all the stock broking companies. This will help give you proper understanding on the Charges and Leverage or Exposure given by these brokers.

Angel Broking vs  IDBI Direct

In this comparison, we are going to touch upon more than 100 metrics. Here are the list top view metrics we are using for comparison:

  • Overview
  • Customer Ratings
  • Demat Account
  • Research & Advisory
  • Brokerage Charges & Fees
  • Other Charges
  • Services
  • Products
  • Exposure/Leverage
  • Trading Platform
  • Offers
  • Customer Support
  • Complaints

Compare Stock Brokers


This Angel Broking & IDBI Direct comparison will give a very detailed overview of which stock broker is suitable for you.


Now let’s Compare IDBI Direct & Angel Broking

Overview of Angel Broking & IDBI Direct

Overview Angel Broking IDBI Direct
Company Type Private Private
Broker Type Full Service Broker Full Service Broker
Headquarters Mumbai, India Mumbai, Maharashtra
Founder Dinesh Thakkar Gurudeo M. Yadwadkar & Rakesh Sethi
Established Year 1987 2006

Angel Broking vs IDBI Direct Customer Ratings Comparison

Customer Ratings Angel Broking IDBI Direct
Experience 8.5/10 6.2/10
Products & Services 7.0/10 6.0/10
Brokerage Charges & Fees 7.0/10 6.3/10
Stock Research & Advisory 7.0/10 6.1/10
Trading Platforms 6.5/10 6.0/10
Overall Ratings 7.2/10 6.1/10
Star Ratings ★★★★★ ★★★☆☆
Total Client Reviews 586 157

Angel Broking vs IDBI Direct Demat Account Comparison

Demat Services Angel Broking IDBI Direct
Depository Source CDSL CDSL & NSDL
Account Opening Charges Zero Free
Demat AMC Charges Free or Rs.300 per Annum Rs.350 per Annum
Trading AMC Charges Free Free
Margin Money Minimum Rs.10,000 Rs.10,000
Offline to Online R R

IDBI Direct vs Angel Broking Brokerage Charges Comparison

Brokerage Charge & Fees Angel Broking IDBI Direct
Equity Delivery Trading 0.1% – 0.4% 0.05% – 0.35%
Equity Intraday Trading 0.01% – 0.04% 0.01% – 0.04%
Commodity Options Trading 0.01% – 0.04% 0.01% – 0.04%
Equity Futures Trading 0.01% – 0.04% 0.01% – 0.04%
Equity Options Trading Rs.16 per Lot Rs.10 – Rs.60 per lot
Currency Futures Trading 0.01% – 0.04% 0.01% – 0.04%
Currency Options Trading Rs.30 per Lot Rs.10 – Rs.60 per lot
Minimum Brokerage Percentage of Transacton Rs.20 per executed order
Demat AMC Charges Free or Rs.300 per Annum Rs.350
Trading AMC Charges Free Free
Margin Money Minimum Rs.10,000 Rs.10,000
Brokerage Calculator Angel Broking Brokerage Calculator IDBI Direct Brokerage Calculator

IDBI Direct & Angel Broking Other Charges Comparison

Other Charges Angel Broking IDBI Direct
Transaction Charges 0.00325% of Total Turnover 0.00312% of Total TurSver
STT 0.0126% of Total Turnover 0.0126% of Total TurSver
SEBI Turnover Charges 0.0002% of Total Turnover 0.0002% of Total TurSver
Stamp Duty Depends on State (very minimal) Depends on State (very minimal)
GST 18% of (Brokerage + Transaction Charges) 18% of (Brokerage + Transaction Charges)

Compare IDBI Direct & Angel Broking Offers

Offers Angel Broking IDBI Direct
Free Demat Account R R
Free Trading Account R R
Discount on Brokerage R R
Trading Happy Hours S S
Flexible Brokerage Plans R R
1 Month Brokerage Free S S
Holiday Offers R R
Referral Offers R S
Zero Brokerage for Loss Making Trades S S

Compare Services of Angel Broking vs IDBI Direct

Services Angel Broking IDBI Direct
Demat Services R R
Trading Services R R
3 in 1 Acount S R
Intraday Services R R
IPO Services R R
Stock Recommendations R R
Robo Advisory R S
PMS R S
Trading Institution S S
Trading Exposure Upto 40x Upto 15X

Compare IDBI Direct & Angel Broking Research & Advisory

Research & Advisory Angel Broking IDBI Direct
Fundamental Reports R R
Research Reports R R
Company Reports R S
Annual Reports R S
Company Stock Review R R
Free Stock Tips R R
IPO Reports R R
Top Picks R R
Daily Market Review R R
Monthly Reports R S
Weekly Reports R R
Offline Advisory R R
Relationship Manager R R

Angel Broking vs IDBI Direct Exposure/Leverage

Exposure / Leverage Angel Broking IDBI Direct
Equity Delivery Upto 20x Upto 3X
Equity Intraday Upto 40x Upto 15X
Equity Futures Upto 10x Upto 3X
Equity Options Upto 10x Upto 5X
Currency Futures Upto 5x Upto 2X
Currency Options Upto 7x Upto 2X
Commodities Upto 10x Upto 2X
Margin Calculator Angel Broking Margin Calculator IDBI Direct Margin Calculator

Angel Broking vs IDBI Direct Product Comparison

Products Angel Broking IDBI Direct
Equity Trading R R
Commodity Trading R R
Currency Trading R R
Options R R
Futures R R
Mutual Funds R R
Forex S S
Banking S R
SIP R R
Insurance S S

Angel Broking vs IDBI Direct Trading Platform Comparison

Trading Platforms Angel Broking IDBI Direct
Desktop Platform – Windows R R
Desktop Platform – Mac R R
Desktop Browser Platform R R
Mobile Site Platform S S
Android App Platform R R
iOS App Platform R R
Windows App Platform S S
Other Mobile OS Platform S S
Real time Updates R R
Portfolio Details R R
Online MF Buy R R
News Flash R R
Research Reports R S
Easy Installation R R
Global Indices R R
Stock Tips R S
Personalized Advisory R S
Interactive Charts R R
Live Markets R R
SMS Alerts R S
Email Alerts R R
Multi Account Management R S

Angel Broking vs IDBI Direct Customer Support

Customer Support Angel Broking IDBI Direct
Dedicated Dealer R R
Offline Trading No R
Online Trading R R
24*7 Support R S
Email Support R R
Chat Support S S
Toll Free Number S S
Branches 180 225

Angel Broking vs IDBI Direct Customer Complaints

Complaints (Current Year) Angel Broking IDBI Direct
Lodged in BSE 128 46
Resolved in BSE 128 42
Lodged in NSE 196 65
Resolved in NSE 196 59

Compare Angel Broking with other Brokers & IDBI Direct with other Brokers

 


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