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Angel Broking's Brokerage,Brokerage Plan Other Charges, Leverage & Margin 2019

Angel Broking's Brokerage Plans 2019

There are 4 plan proposed by the Angel Broking to its customer which is dependent on the margin amount which customer is paying. The idea is simple - more margin money you put in your account, less brokerage you have to pay to the broker. There is a minimum brokerage clause of Rs.30 when you trade through Angel Broking. Whatever be your trade value, you will be required to pay Rs. 30 as minimum brokerage.

1. Angle Classic : The Angel Classic account is from a beginner's point of view. An investor has to pay Rs. 10,000 in the beginning, which will be used by the investor for trading. The brokerage charge for online equity trading is 0.32% and offline equity trading is 0.40%. Similarly, the brokerage cost for equity intraday trade/futures is 0.032% for online trading and 0.04% for offline trading.

2. Angle Preferred : In an Angel Preferred account, an investor has to pay a minimum amount of Rs. 25,000. Brokerage cost is 0.224% for online and 0.280% for offline trade in equity.

3. Angle Premier : In an Angel Premier account, customers pay a low brokerage of0.176% through online equity delivery and 0.0176% for intraday trading. The initial starting amount is high IE. Rs. 50,000 to Rs. 99,999.

4. Angle Elite : Investors investing in Angel Elite account pay the least brokerage as their initial amount is high, i.e. 1 lakh and above.

Segment Angel Classic Angel Preferred Angel Premier Angel Elite
Margin requirement   Rs.10000-24999  Rs.10000-24999  Rs.10000-24999  Rs.10000-24999 
Equity Delivery   0.320%  0.40%  0.224%  0.280%  0.176%  0.220%  0.128%  0.160% 
Equity Intraday   0.320%  0.40%  0.224%  0.280%  0.176%  0.220%  0.128%  0.160% 
Equity Future   0.320%  0.40%  0.224%  0.280%  0.176%  0.220%  0.128%  0.160% 
Equity Options (NSE)   Rs.40 (Per Lot)  Rs.50 (Per Lot)  Rs.32 (Per Lot)  Rs.40 (Per Lot)  Rs.24 (Per Lot)  Rs.30 (Per Lot)  Rs.16 (Per Lot)  Rs.20 (Per Lot) 
Equity Options (BSE)   Rs.80 (Per Lot)  Rs.100 (Per Lot)  Rs.64 (Per Lot)  Rs.80 (Per Lot)  Rs.48 (Per Lot)  Rs.60 (Per Lot)  Rs.32 (Per Lot)  Rs.40 (Per Lot) 
Currency Future   0.160%  0.020%  0.0112%  0.0114%  0.0088%  0.011%  0.008%  0.010% 
Currency Options   Rs.6.4 (Per Lot)  Rs.8 (Per Lot)  Rs.5.6 (Per Lot)  Rs.7 (Per Lot)  Rs.4.8 (Per Lot)  Rs.6.0 (Per Lot)  Rs.3.2 (Per Lot)  Rs.4.0 (Per Lot) 
Commodity Delivery   NA  0.30%  NA  0.30%  NA  0.30%  NA  0.30% 
Commodity futures/Intraday   0.0184%  0.023%  0.0152%  0.019%  0.012%  0.015%  0.0088%  0.011% 

Angel Broking iTrade Plan: Applicable Charges & Value Added Services:

Beginning of this financial year (1st April 2019) Angel Broking has introduced Flat Fees plan to counter Discount Brokers.

In this brokerage plan, there are only 2 slabs that too are based on flat fees per executed order given as below

  • Rs.15 FLAT BROKERAGE ORDER SIZE <= Rs.50000
  • Rs.30 FLAT BROKERAGE ORDER SIZE > Rs.50000
Particulars Details

Initial Margin

Nil

Charges

 

Account Opening Fee (Includes GST)

Rs. 699 

AMC Charges @ 450/Yr

From 2nd Year Onwards

Online Brokerage Per Order

 

Order Value Less Than Rs. 50,000 / Order

Rs. 15

Order Value Greater Than Rs. 50,000 / Order

Rs. 30

Value Added Services

 

Call And Trade Charges Per Order

Rs. 20

Online Fund Transfer Via Net Banking & UPI

Free

ARQ - Artificial Intelligence Based Advisory

Technical & Derivatives Trading Ideas

Franking, KRA, CKYC,

Free

ESignature Charges

Email Statements / Contract Notes

 

Transaction Charges For Sell (Debit ) & 

Rs.20/-

Inter-Settlement Debit Per Transaction

Pledge Creation/ Closure / Invocation

Rs. 25/-

Demat / Remat (Per Certificate ) 

Rs. 50

Physical Statements/ DIS 

Request/ Physical Contract Notes

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 Day

Angel Broking's Equity Trading Charges 2019

Charges Equity Delivery Equity Intraday
Brokerage (Classic Plan) 0.320% 0.032%
Brokerage (Preferred Plan) 0.224% 0.0224%
Brokerage (Premier Plan) 0.176% 0.0176%
Brokerage (Elite Plan) 0.128% 0.0128%
STT 0.1% ON BOTH Buy & Sell 0.025% On the Sell side
Transaction / Turnover charges NSE : 0.00325% | BSE 0.00325% NSE : 0.00325% | BSE 0.00325%
SEBI Charges 15 Rs/Crore 15 Rs/Crore
GST 18% on (Brokerage + Transaction Charges) 18% on (Brokerage + Transaction Charges)
Stamp Duty 0.01% subject to a maximum of Rs 50 - Depends on state to State 0.01% subject to a maximum of Rs 50 - Depends on state to State

Angel Broking's F&O Trading Charges 2019

Charges Equity Future Equity Options
Brokerage (Class Plan) 0.0320% Rs.40 (Per Lot)
Brokerage (Preferred Plan) 0.0224% Rs.32 (Per Lot)
Brokerage (Premier Plan) 0.0176% Rs.24 (Per Lot)
Brokerage (Elite Plan) 0.0128% Rs.16 (Per Lot)
STT 0.01% On the Sell side 0.05% On the Sell side (ON PREMIUM)
Transaction / Turnover charges NSE : 0.0019% NSE : 0.05%|BSE 0.05% on Premium
SEBI Charges 15 Rs/Crore 15 Rs/Crore
GST 18% on (Brokerage + Transaction Charges) 18% on (Brokerage + Transaction Charges)
Stamp Duty 0.01% subject to a maximum of Rs 50 - Depends on state to State 0.01% subject to a maximum of Rs 50 - Depends on state to State

Angel Broking's Currency Trading Charges 2019

Charges Currency Future Currency Options
Brokerage (Classic Plan) 0.016% Rs.6.4/- per lot
Brokerage (Preferred Plan) 0.0112% Rs.5.6 (Per Lot)
Brokerage (Premier Plan) 0.0088% Rs.4.8 (Per Lot)
Brokerage (Elite Plan) 0.008% Rs.3.2 (Per Lot)
STT NA NA
Transaction / Turnover charges NSE : 0.0019% NSE : 0.05%|BSE 0.05% on Premium
SEBI Charges 15 Rs/Crore 15 Rs/Crore
GST 18% on (Brokerage + Transaction Charges) 18% on (Brokerage + Transaction Charges)
Stamp Duty 0.01% subject to a maximum of Rs 50 - Depends on state to State 0.01% subject to a maximum of Rs 50 - Depends on state to State

Angel Broking's Commodity Trading Charges 2019

Charges Commodity
Brokerage 0.0088% to 0.0184% (based on the margin scheme )
STT/CTT 0.01% on Sell
Transaction / Turnover charges MCX Rs.150 | NCDEX 300 Rs.(Per Crore)
SEBI Charges 20 Rs/Crore
GST 18% on (Brokerage + Transaction Charges)
Stamp Duty 0.01% subject to a maximum of Rs 50 - Depends on state to State

Charges Explained

  • Securities / Commodities Transaction Tax Securities/Commodities transaction tax: Tax by the government when transacting on the exchanges. Charged as above on both buy and sell sides when trading equity delivery. Charged only on selling side when trading intraday or on F&O.When trading at TRADE SMART Online STT/CTT can be a lot more than the brokerage we charge.
  • Transaction/Turnover Charges: Exchange transaction charges + Clearing charges. Charged by exchanges (NSE, BSE,MCX) and clearing member.
  • Call & trade: < Free with your Sharekhan Trading
  • Stamp charges: Charged as per the state of the client's correspondence address.
  • GST: Tax levied by the government on the services rendered. 18% of ( brokerage + transaction charges)
  • SEBI Charges: Charged at Rs.15 per crore by Securities and Exchange Board of India for regulating the markets.

Angel Broking Margin Exposure,Leverage for Intraday and F&O

Trade Type Margin
Equity _Delivery Up to 20X
Equity _Intraday Up to 40X
Equity Future Up to 10X
Equity Options Up to 10X
Currency Future Up to 5X
Currency Options Up to 7X
Commodities Up to 10X