Sharekhan Vs Angel Broking
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Sharekhan |
Angel Broking |
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About the Broker |
Incorporated in February 2000, Sharekhan is India’s 3rd largest stock broker (after ICICI Direct and HDFC Securities). Sharekhan provides brokerage services through its online trading website Sharekhan.com and 1800 offices which includes branches. |
Incorporated in 1987, Angel Broking is one of the largest full-service retail brokers in India. The company offers a wide range of investment and trading services including stock and commodity broking, investment advisory services, margin funding. |
Type of Broker |
Full Service Broker |
Full Service Broker |
Supported Exchnage |
BSE, NSE, MCX |
BSE, NSE, MCX, NCDEX |
Account Type |
Classic Account |
Angel iTrade |
Broker Enquiry |
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Year of Incorporation |
2000 |
1987 |
Number of Branches |
2800 |
900 |
Sharekhan Vs Angel Broking Charges
|
Sharekhan |
Angel Broking |
Trading Account Opening Fees |
₹0 (Free) |
₹600 |
Trading Account AMC |
₹0 (Free) |
₹0 |
Demat Account Opening Fees |
₹0 (Free) |
₹0 |
Demat Account AMC |
₹400 (Free for 1st year) |
₹450 (from 2nd year onwards) |
Demat Account is Mandatory? |
No |
No |
Sharekhan Vs Angel Broking Brokerage
Brokerage Plan 1
|
Sharekhan |
Angel Broking |
Account Type |
Classic Account |
Angel iTrade |
Fixed Charges |
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Equity Delivery Brokerage |
0.50% |
₹15/trade (<₹50k order) | ₹30/trade (>₹50k order) |
Equity Intraday Brokerage |
0.10% |
₹15/trade (<₹50k order) | ₹30/trade (>₹50k order) |
Equity Futures Brokerage |
0.10% |
Flat ₹30 per executed order |
Equity Options Brokerage |
₹50 per lot |
Flat ₹30 per executed order |
Currency Futures Trading Brokerage |
0.10% |
Flat ₹30 per executed order |
Currency Options Trading Brokerage |
₹30 per lot |
Flat ₹30 per executed order |
Commodity Futures Trading Brokerage |
0.03% |
Flat ₹30 per executed order |
Commodity Options Trading Brokerage |
0.03% |
Flat ₹30 per executed order |
Brokerage Plan 2
|
Sharekhan |
Angel Broking |
Account Type |
Prepaid – ₹1 Lakh |
Angel iTrade |
Fixed Charges |
₹1,00,000 per year |
|
Equity Delivery Brokerage |
0.10% |
₹15/trade (<₹50k order) | ₹30/trade (>₹50k order) |
Equity Intraday Brokerage |
0.015% |
₹15/trade (<₹50k order) | ₹30/trade (>₹50k order) |
Equity Futures Brokerage |
0.015% |
Flat ₹30 per executed order |
Equity Options Brokerage |
0.05% or ₹63 per lot |
Flat ₹30 per executed order |
Currency Futures Trading Brokerage |
|
Flat ₹30 per executed order |
Currency Options Trading Brokerage |
|
Flat ₹30 per executed order |
Commodity Futures Trading Brokerage |
|
Flat ₹30 per executed order |
Commodity Options Trading Brokerage |
|
Flat ₹30 per executed order |
Brokerage Plan 3
|
Sharekhan |
Angel Broking |
Account Type |
Margin – ₹1 Lakh |
Angel iTrade |
Fixed Charges |
₹1,00,000 margin |
|
Equity Delivery Brokerage |
0.25% |
₹15/trade (<₹50k order) | ₹30/trade (>₹50k order) |
Equity Intraday Brokerage |
0.05% |
₹15/trade (<₹50k order) | ₹30/trade (>₹50k order) |
Equity Futures Brokerage |
0.05% |
Flat ₹30 per executed order |
Equity Options Brokerage |
1% or ₹70 per lot |
Flat ₹30 per executed order |
Currency Futures Trading Brokerage |
|
Flat ₹30 per executed order |
Currency Options Trading Brokerage |
|
Flat ₹30 per executed order |
Commodity Futures Trading Brokerage |
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Flat ₹30 per executed order |
Commodity Options Trading Brokerage |
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Flat ₹30 per executed order |
Other Charges
Minimum Brokerage Charges |
Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future ₹0.001 per share |
Equity ₹15 | F&O ₹30 |
Other Brokerage Charges |
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Call & Trade Charges |
Rs 20 |
Additional ₹20 per executed order |
Sharekhan Vs Angel Broking Taxes
|
Sharekhan |
Angel Broking |
Securities Transaction Tax (STT) |
Equity Intraday |
0.025% (on Sell trade) |
Equity Delivery |
0.1% (on Buy and Sell) |
Equity Futures |
0.01% (on Sell trade) |
Equity Options |
0.05% (on Sell trade premium) or 0.125% (on excersied options) |
Currency Futures |
Nil |
Currency Options |
Nil |
Commodities |
0.01% on sell side (Non-Agri) |
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Exchange Transaction Charges |
Check table below |
SEBI Charges |
Rs 15 per Crore |
Goods and Services Tax (GST) |
18% on (brokerage + transaction charges) |
Stamp Duty |
Charged as per the state of the client’s correspondence address. |
Sharekhan Vs Angel Broking Transaction Charges
|
Sharekhan |
Angel Broking |
Equity Delivery |
NSE ₹325 | BSE ₹275 |
NSE ₹325 per crore | BSE ₹325 per crore |
Equity Intraday |
NSE ₹325 | BSE ₹275 |
NSE ₹325 per crore | BSE ₹325 per crore |
Equity Futures |
NSE ₹190 | BSE ₹50 |
₹190 per crore |
Equity Options |
NSE ₹5000 | BSE ₹50 |
₹5000 (on premium) per crore |
Currency Futures |
NSE ₹135 | MCX ₹130 |
₹190 per crore |
Currency Options |
NSE ₹4220 | MCX ₹3220 |
₹5000 (on premium) per crore |
Commodity |
MCX (Non-Agri) ₹230 | MCX (Agri) ₹95 |
MCX ₹150 per crore | NCDEX ₹300 per crore |
Sharekhan Vs Angel Broking Exposure Margin
|
Sharekhan |
Angel Broking |
Equity Delivery |
Upto 5x with 24% interest per year |
Upto 3x with 24% interest per year |
Equity Intraday |
Upto 10x |
Upto 10x |
Equity Futures |
2x for Intraday |
Upto 4x |
Equity Options |
Nil |
3x for shorting |
Currency Futures |
Nil |
Upto 2x |
Currency Options |
Nil |
Upto 5x for shorting |
Commodity Futures |
Upto 2x for Intraday |
3x |
Commodity Options |
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