Angel One Charges – Brokerage, Transaction, Account Opening & more
Last Updated Date: Apr 12, 2023Angel One is one of the most reputable brokers in the market. The whole time broker offers discount brokerage services.
When it comes to Angel One Charges, the traders don’t need to stress as the charges are pretty budget-friendly.
The traders can avail of various service charges like commodity brokerage, investment counselling, margin finance, loans against shares, etc.
The Angel One Brokerage Charges are cost-effective, and the broker offers the best quality trading software. But before any trading account, the traders need to consider exploring all the brokerage and charges.
Angel One Brokerage Charges or Angel One iTrade Prime Plan
Brokerage Charges & Fees | Angel One iTrade Prime |
Equity Delivery Trading | FREE |
Equity Intraday Trading | Rs 20 / Executed Order Or 0.25% (Whichever Is Lower) |
Equity Futures Trading | Rs 20 / Executed Order Or 0.25% (Whichever Is Lower) |
Equity Options Trading | Rs 20 / Executed Order Or 0.25% (Whichever Is Lower) |
Currency Futures Trading | Rs 20 Per Executed Order Or 0.25% (Whichever Is Lower) |
Currency Options Trading | Rs 20 Per Executed Order Or 0.25% (Whichever Is Lower) |
Commodity Futures Trading | Rs 20 Per Executed Order Or 0.25% (Whichever Is Lower) |
Commodity Options Trading | Rs 20 Per Executed Order Or 0.25% (Whichever Is Lower) |
The traders need to incur various Angel One Brokerage Charges while undertaking to trade with the broker.
Besides learning about the basic charges, the traders also need to learn about the statutory charges which apply to transactions.
Once traders know about the Angel One Brokerage, they can get a complete picture of the outflow. The traders are in a position to self-assess the charges applicable.
Under the Angel One iTrade prime plan, traders need to pay Rs.20 per order Intraday, F&O, Currency & Commodity.
Lastly, traders don’t need to pay any charges for equity delivery. Angel iTrade prime plan is applicable under segments.
If traders have any doubts, they can instantly connect with the Angel broker support team and get going.
Also, check out our Angel One Review section to know more details.
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Angel One Account Opening Charges
Account Opening Charges | |
Trading AMC [Yearly] | Rs 0 (Free) |
Demat Charges [One Time] | Rs 0 (Free) |
Demat AMC [Yearly] | Rs 450 |
Margin Money | Not Required |
Dematerialization Available | Yes |
Account Maintenance Charges | Non-BSDA Clients Rs 20 + Tax / Month For BSDA (Basic Services Demat Account) Clients: – Holding Value Less Than 50,000: NIL – Holding Value Between 50,000 To 2,00,000 : Rs 100 + Tax / Year |
The traders open an account with the broker to avail of all the trading services of Angel One broker.
Additionally, traders don’t need to pay Angel One Account Opening Charges. Traders can open a Demat account without paying any charges.
All traders need to pay Rs.450 as Angel One AMC Charges. The best is that traders don’t need to pay any margin money.
Account Maintenance Charges
Other charges are good, but maintenance charges are daunting. These unforeseeable charges can severely impact your mood or may drop you into a confused state when you are unaware of them.
Assuming that Angel One has no such charges and its standard brokerage charges, you might be making a big mistake. It’s worth noting that the broker charges fees against account maintenance.
Fortunately, the broker doesn’t charge any account maintenance fee from its users for the first year. These charges begin from the 2nd year onwards as you become a regular user of Angel One.
For non-BSDA (Basic Services Demat Account) clients, charges are Rs. 20+Tax/Month. Similarly, for BSDA clients, there are no charges if the Holding Value is Blow Rs. 50,000.
In case the holding value is between 50,000 to 2 00,000 Rs. 100+ tax/year may be levied. So make sure you consider these charges carefully before proceeding.
Looking for the best broker with the most affordable brokerage charges, evaluate the brokerage with the Angel One Brokerage calculator and make your decision.
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Angel One Transaction Charges
Transaction Charges | |
Equity Delivery | NSE: 0.00335% On Turnover Value (Buy & Sell) NSE: 0.00275% On Turnover Value (Buy & Sell) |
Equity Intraday | NSE: 0.00335% On Turnover Value (Buy & Sell) NSE: 0.00275% On Turnover Value (Buy & Sell) |
Equity Futures | NSE: 0.00195% On Total Turnover Value |
Equity Option | NSE: 0.053% On Premium Value |
Currency Futures | NSE: 0.0009% On Futures Turnover Value BSE: 0.00022% On Futures Turnover Value |
Currency Option | NSE: 0.035 % and BSE: 0.001% On Options Premium Value |
Commodity Futures | Non-Agri: 0.00210% On Turnover For A Category (Near & Next Month TO ) 0.0013% On Turnover For A Category (FAR Month TO) 0.00175% On Turnover For B Category Agri: 0.006% On Turnover For A Category 0.002% On Turnover For B Category 0.0001% On Turnover For C Category Special Charges For Following Scrips: 0.0005% On Turnover For CASTORSEED 0.0005% On Turnover For KAPAS 0.00005% On Turnover For PEPPER 0.001% On Turnover For RBDPMOLEIN |
Commodity Option | 0.05% On Premium Value |
The transaction charges vary from one avenue to another. Transaction charges for equity delivery and intraday are 0.00335%.
Angel One Charges are 0.00195% On the Total Turnover Value for equity futures. The Angel One Transaction Charges for the equity option are 0.053% On Premium Value.
Lastly, the traders need to pay 0.0009% as transaction charges for currency futures. 0.05% On Premium Value are transaction charges for commodity options.
Hence while trading here, the traders need to consider the transaction charges.
Angel One – Others Charges
Apart from the brokerage charges, the following additional other charges are applied to every client:
Segments | Charges |
Reactivation Charges | Rs 20 per instruction |
Account Closure Charges | Rs 25 per instruction |
Dematerialisation Charges | Rs 50 Per Certificate |
Pledge Creation | Rs 20 Per ISIN Rs 50 Per ISIN For BSDA Clients |
Pledge Invocation | Rs 20 Per ISIN Rs 50 Per ISIN For BSDA Clients |
Margin Pledge/Unpledge/ Pledge closure | Rs 20 Per ISIN Rs 50 Per ISIN For BSDA Clients |
Margin Repledge | Rs 20 Per ISIN Rs 50 Per ISIN For BSDA Clients |
Call & Trade | Rs 20 / Order |
Square Off Charges | Rs 20 / Order |
Franking, KRA, CKYC, ESignature Charges | Free |
Email Statements / Contract Notes | Free |
DP Charges | Rs 20 Per Debit Transaction Rs 50 Per Debit Transaction For BSDA Clients |
Remat | Rs 50 Per Certificate + Actual CDSL Charges |
Physical Statements / DIS Request / Physical Contract Notes | Rs 50 |
Cheque Bounce Charges | Rs 350 |
Delay Payment Charges On Outstanding Bill Amount If Not Paid Within Due Date | 1.5 % Per Month (Levied Every 15 Days) |
Demat Transaction Charges | Equity Delivery: Rs 20 / Scrip Only On Sell Equity Intraday: No Charges *Equity Futures: No Charges Equity Options: No Charges |
CTT | Commodity Futures: 0.01% Only On Sell Side Non-Agri Commodity Options: 0.05% Only On Sell Side |
Risk Management Fee | Commodity Futures: Agri: 0.005% Of On Fresh Overnight Open Interest Position Commodity Options: NA |
Other Charges
Besides these charges, you may also see custodian fees charged by Angel One. However, the charges could be a one-time fee that goes to CDSL and NSDL at once.
Watching so many charges, you need not panic because Angel One is also a discount broker.
You may be provided offers or some discounted options from time to time. But it’s worth noting that these charges exclude penalties that are often invited by a trader when they fail to comply with the standard norms of investment and trading.
If traders want to close their accounts, they must pay Rs—25 as closure charges.
On the flip side, traders need to pay Rs.20 per instruction to reactivate the account. Lastly, for demartizaliation, traders need to pay Rs.50 per certificate.
So make sure you aren’t breaking any rule which cuts the leading figure from the amount you submit or withdraw in the trading account.
Angel One Regulatory & Government Charges
Segments | Charges |
SEBI Turnover Charges | Rs 10 / Crore |
STT | 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 |
Stamp Duty | (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) |
GST | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Apart from the brokerage charges, the following additional statutory charges applied to every client:
One needs to consider several Angel One Charges while trading here. Traders need to pay Rs.10 per crore as SEBI Turnover Charges.
More details on Angel One Charges
Furthermore, the traders need to pay STT or security transaction tax on every security transaction.
It starts from 0.1% on both buy and sell. The traders also need to comply with stamp duty charges on currency, futures and options, debentures, shares, and other Capital assets.
They start at 0.015%. 18% GST is also applicable to traders. It includes (Brokerage + Transaction Charge + SEBI Fee).
Brokerage itself sucks, but regulatory & Government charges disappoint traders. Regulatory charges are, however, not levied by the broker itself. But it is the stock exchange of that country that imposes these charges.
Such as, in India, regulatory charges are levied by SEBI (Stock Exchange Board India). However, these charges are levied with fair means to cover the cost incurred in carrying out the SEBI responsibilities.
Similarly, further taxation is levied by the Government itself. In India, GST is levied by the Indian Government on trading transactions or any relevant activity wherever they are applied.
However, these additional charges aren’t visible in transactions as they are added automatically with the value.
Angel One Brokerage Charges – Conclusion
If traders want to trade here, the traders need to learn everything about Angel One Charges. One of the best parts about trading here is that it is one of the safest brokers available.
When traders know about Angel One Demat Charges, they can quickly start trading. There are various charges applicable, so traders need to learn about them.
Even though there are no Demat charges applicable, the traders need to pay rs.450 as AMC charges. Besides the AMC charges, the traders need to comply with GST and STT charges.
Angel One Brokerage charges FAQs
Here is the list of FAQs related to the Angel One brokerage charges:
Does Angel One Charge Brokerage?
Yes, Angel One does charge brokerage as it falls under the company’s business structure. The broker is a full-service broker who may levy charges based on percentage.
Traders can check the flat rates available to know more about the charges.
What is the Intraday Brokerage of Angel One Securities?
As an equity delivery package, the broker doesn’t charge much for the intraday brokerage. The traders need to pay Rs.20 on the total order.
What are Angel One Securities Brokerage Charges?
The broker offers different charges for different segments. Additionally, traders need to open rs.20 per order for equity delivery, intraday, commodity, and options trading.
What Other Charges were levied by Angel One Securities?
Besides brokerage, the traders need to align with several other charges once they place an order.
The other charges mainly include SEBI Turnover Charges, STT, Stamp Duty, GST, Margin Funding charges, account-related charges, and additional charges.
Is Angel One Securities a discount broker?
No Angel One broker is not a discount broker. Ideally, the broker is a full-service broker who provides investment and trading options.
Does angel one broker have Free Delivery?
No Angel One doesn’t offer free delivery perks yet. But the broker ensures that it doesn’t burn a hole in the trader’s pockets, so it has pocket-friendly charges. It means for all segments, traders need to pay Rs.20 per order.
How much does Angel One Securities Charge for Options?
The charges are the same for both equity and currency options segments. It means traders need to pay Rs20 per lot.
What are Angel One Securities Transaction Charges?
The traders need to pay transaction charges on every transaction they place. For equity, transaction charges are 0.00335% On Turnover Value and 0.0009% On Currency Futures.
When choosing an investment avenue, traders need to consider the transaction charges.
What is the Demat AMC in Angel One Securities?
The traders need to pay Rs.450 as AMC under Angel One securities. The broker might also waive the AMC charges at times, so traders need to check it.
Is Angel One Securities Brokerage Free?
No, there is no segment here that is free of brokerage. If traders choose to trade here, they need to align with some brokerage charges.
What are the charges of Angel One?
Angel One charges vary significantly as we don’t see one sort of charge but many. The broker charges account opening fees, transaction charges, DP charges, trading charges, etc.
Each charge is unique and is levied to meet a particular regulation for trade and investment.
What are the brokerage charges in Angel One?
Brokerage Charges in Angel One are incurred against every executed order. The value of a position primarily decides the value of these charges.
But it’s worth noting that these charges may include added tax values or additional regulatory changes.
Is the first month of brokerage free in Angel One?
Angel One serves a unique benefit to traders by charging zero amounts on account opening fees. Moreover, the broker doesn’t charge any fee against the delivery position for the first 30 days. But charges are incurred post that 30 days period.
What is a Quarterly payout?
A quarterly Payout is a settlement payout mandated by the stock exchange board of India. As per this regulation, all brokers must transfer the credit balance back to the client’s bank account.
The process is repeated at least once every 90 days.
What are DP/Settlement charges?
DP/Settlement charges include GST charged by Angel One to its clients when they sell stock. These charges are Rs 20 per debit transaction for non-BSDA clients and Rs 50 for BSDA clients.
How much does Angel One charge for delivery?
The value of the position primarily decides charges for delivery orders. But fortunately, you will not see any brokerage charges on delivery orders in Angel One.
The broker offers free brokerage on delivery trade which has its unique benefit on a trader’s budget.
How is brokerage calculated in Angel One?
Brokerage is calculated in Angel One based on numerous charges. These charges include tax and regulatory add-ons that can be visible in receipts, not in transactions.
Similarly, the position value may also decide the final brokerage amount to be paid by a trader.
How to change a bank account in Angel One online?
If you no longer want to use your existing bank account in Angel One for some reason and want to change it, follow the process.
Add another bank account at the same portal where you already have your previous bank account registered. You can also do it via the Angel One Mobile application.
How to change mobile numbers in Angel One online?
Users can change mobile numbers in Angel One Online by logging into the broker’s mobile/web trading platform.
Then go to Menu > Select Settings and click on My Profile > Click on Edit Icon and change the mobile number or email ID.
How to cancel SIP in Angel One?
If you are no longer interested in SIP in Angel One and want to close it. Log in to Angel One trading platform, go to ‘My Transaction,’ and then SIP. Click on the Cancel Button and know the status in the Order Book section.
What are intraday charges in Angel One?
Angel One Intraday charges are Rs 20 per order or whoever is the lowest. It’s worth noting that the lowest brokerage charged by the broker is 0.25% of the transaction value. These charges are the same for equity, Intraday, options, etc.
What is Bo ID in Angel One?
A Beneficial Owner Identification Number is granted to every client and can be displayed under its profile section. It is a 16-digit unique number that can’t be assigned to others.
How do I find my angel ID?
Angel One Users can find their BO ID under their profile section, displayed on mobile and web trading platforms.
What are futures and options charges in Angel One?
Futures and Option charges in Angel One are Rs 20 per executed order. The least is 25%.