Angel one brokerage charges- Better than ZERODHA?

Angel One brokerage charges: Angel One, a prominent full-service brokerage firm in India, is renowned for its transparent and uncomplicated pricing structure. This financial institution offers investors a fixed, flat-fee brokerage plan that simplifies the intricacies of trading expenses.

Catering to both online and offline clientele, Angel One offers a comprehensive array of trading and investment services encompassing Equities, Futures & Options (F&O), Commodities, Currencies, Initial Public Offerings (IPOs), Bonds, and Mutual Funds. Furthermore, the company extends its services to include advisory services, margin trading, and loans against shares.

One of the standout features of Angel One is its provision of free Equity Delivery trading. Regarding brokerage charges, Angel One keeps it investor-friendly with a maximum charge of Rs 20 per order.

For those engaged in Equity Intraday, F&O, Currency, and Commodity trading, the brokerage rate is a competitive 0.25% of the transaction value. It is important to note that, in addition to brokerage fees, investors are also responsible for various other transaction and regulatory charges, as well as Demat charges that apply on top of the brokerage costs.

To facilitate comprehension and informed decision-making, Angel One offers an online brokerage calculator.

This tool empowers investors to accurately calculate their trading costs, accounting for brokerage charges as well as other essential regulatory fees such as Securities Transaction Tax (STT), Securities and Exchange Board of India (SEBI) tax, and Goods and Services Tax (GST) on their transactions.

Angel One’s brokerage calculator goes beyond this by enabling users to compare these expenses with those of competitors, providing a comprehensive view of potential savings.

Angel One Account Opening Charges

Angel One offers to open stock trading account and Demat account services. Customers are responsible for paying the fees, commissions, and taxes associated with their trading activities on the Angel One platform. Here, we provide an overview of Angel One’s fee structure and trading commission rates.

Account Type Account Opening Charges
Equity Trading Account Rs 0
Demat Account Rs 0
Commodity Trading Account Rs 0
F&O Account Rs 0
Currency Trading Account Rs 0
IPO Account Rs 0
Bonds Account Rs 0
Mutual Funds Account Rs 0
Margin Trading Account Rs 0
Loans Against Shares Rs 0

To initiate an account with Angel One, individuals are required to pay both account opening charges and annual maintenance charges (AMC).

Angel One AMC Charge

Account Type Account Opening Charges
Demat Account Annual Maintenance Charges AMC (Yearly Fee) Rs 240

Angel One Brokerage Charges

Customers are required to pay a commission, often referred to as brokerage fees, when engaging in the purchase or sale of stocks through Angel One. Below, we provide a breakdown of the brokerage charges for equity, commodities, and currency derivative trading with Angel One.

Trading Segment Brokerage Charges
Equity Delivery Free (No brokerage charges)
Equity Intraday ₹ 20 / Executed Order Or 0.03% (Whichever Is Lower)
Equity Futures ₹ 20 / Executed Order Or
0.25% (Whichever Is Lower)
Equity Options ₹ 20 / Executed Order Or
0.25% (Whichever Is Lower)
Currency Futures ₹ 20 / Executed Order Or
0.25% (Whichever Is Lower)
Currency Options ₹ 20 / Executed Order Or
0.25% (Whichever Is Lower)
Commodity Futures ₹ 20 / Executed Order Or
0.25% (Whichever Is Lower)
Commodity Options ₹ 20 / Executed Order Or
0.25% (Whichever Is Lower)

Angel One Other Charges

Type Charges
Brokerage Equity Delivery Free
Transaction Charges Equity Delivery 0.00335% on turnover on both buy and sell
STT Equity Delivery 0.1% on Both Side(Buy and Sell)
Stamp Duty Equity Delivery 0.015% on Buy
Brokerage Equity Intraday Flat Rs 20 or 0.25% whichever is lower
Transaction Charges Equity Intraday 0.00335% on turnover on both buy and sell
STT Equity Intraday 0.025% on Sell
Stamp Duty Equity Intraday 0.003% Buy only
Brokerage Equity Futures Flat Rs 20 or 0.25% whichever is lower
Transaction Charges Equity Futures 0.00195% on turnover
STT Equity Future 0.01% on Sell
Stamp Duty Equity Future 0.002% on Buy only
Brokerage Equity Options Flat Rs 20 or 0.25% whichever is lower
Transaction Charges Equity Options 0.053% on premium value for options
STT Equity Options 0.05% on Sell
Stamp Duty Equity Options 0.003% on Buy only
SEBI Turnover Charges Rs 10 Per Cr
GST 18% on the Brokerage and Transaction charges

Angel One fund transfer and fund payout Process

Angel One provides a straightforward and efficient process for fund transfers and fund payouts. Here’s an overview of how these processes work:

Fund Transfer:

    • Bank Account Linking
    • Online Fund Transfer: NEFT, RTGS, IMPS, or UPI.

Fund Payout:

  • Initiating Payout: If you wish to withdraw funds from your Angel One trading account, you can place a fund payout request.
  • Selecting the Amount: You’ll specify the amount you want to withdraw from your trading account to your linked bank account.
  • Processing Time: Within 24 hours, excluding bank holidays.
  • Charges: Some brokerage firms may charge a nominal fee for fund payouts, so it’s advisable to check with Angel One regarding any associated charges.
  • Verification: For security purposes, Angel One may verify your fund payout request before processing it. This verification may involve confirming your identity and ensuring compliance with regulations.

Angel One Bank List:

Angel One has partnered with over 40 banks for seamless transactions and fund management.

Withdrawal Charges:

Withdrawal charges apply when transferring funds from your Angel One trading account to your linked bank account. The specific charges may vary, so it’s advisable to check Angel One’s current fee structure for withdrawals.

Angel One Interest Rate:

Margin Funding Facility: Angel One offers a margin funding facility with an interest rate of 18% per annum.

Angel One Minimum Deposit:

When opening a trading and Demat account with Angel One, there is no minimum deposit requirement. However, you will need to pay account opening charges and Demat Annual Maintenance Charges (AMC), if applicable. After your account setup is complete, you can transfer funds to start trading.

Angel One Trading Hours:

Equity Cash, Intraday, and F&O Trading (BSE/NSE):

  • Trading Hours: 9:15 am to 3:30 pm
  • Square Off Timing: 3:15 pm

Currency Derivatives Trading (NSE/BSE):

  • Trading Open Time: 9:00 am
  • Trading Close Time: 5:00 pm
  • Currency F&O (USDINR, EURINR, GBPINR, and JPYINR): Trading closes at 5:00 pm
  • Cross Currency F&O (EURUSD, GBPUSD, and USDJPY): Trading closes at 7:30 pm

Commodity Trading Timing:

  • Agri Commodity: 10:00 am to 5:00 pm
  • Other Commodities: 10:00 am to 11:30 pm

Angel one vs. Zerodha Better than ZERODHA?

Angel one account opening charge is ZERO whereas Zerodha charges Rs. 200 (Equity) + 100 (Commodity) as account opening charges so here for a beginner Angel is Better than Zerodha in respect of Account opening charges.

Angel One is a FULL Service Broker whereas Zerodha is a Discount broker.

Brokerage charges for Equity Delivery trades are FREE in both Zerodha & Angel one.

Brokerage Charges for Equity Intraday in Angel One are Rs 20 or 0.03% whichever is lower Whereas in Zerodha it is Rs. 20 or 0.03% which is again the same.

Brokerage Charges for Equity Futures & options in Angel one are ₹ 20 / Executed Order Or 0.25% (Whichever Is Lower) whereas in Zerodha it is 0.03% or Rs. 20/executed order whichever is lower for FUTURES only and Rs.20 fixed per order for Options. So here again Angel One is the winner.

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