Understanding Brokerage Charges and Account Types at Angel One

As a leading broker in the Indian financial market, Angel Broking, now known as Angel One, caters to a diverse range of investors with its comprehensive fee structure and various account types. This article provides a detailed overview of the brokerage charges and account options offered by Angel One, catering to both novice and seasoned traders.

Brokerage Charges

Angel One's fee structure is designed to be competitive and transparent. Here is a detailed breakdown of the brokerage charges:

Equity Delivery

For equity delivery trades, Angel One offers:

Brokerage: 0 brokerage fee on delivery trades.

Equity Intraday

In the case of equity intraday trading, the brokerage charges are:

Brokerage: A minimum of 0.25 per trade or a maximum of 20 per order, whichever is lower.

Futures and Options

Futures and options trading incurs the following charges:

Brokerage: A fixed charge of 20 per order for both futures and options trades.

Commodity Trading

Commodity trading charges are:

Brokerage: A flat fee of 20 per order.

Other Charges

In addition to brokerage, Angel One imposes other fees and charges as follows:

SEBI Charges

SEBI charges, applicable as per regulations, are a non-negotiable fee.

GST

Goods and Services Tax (GST) is levied at a rate of 18% on brokerage and transaction charges.

Stamp Duty

Stamp duty varies by state and is charged based on the transaction amount.

Account Types

Angel One offers a variety of account types tailored to different investment needs:

Demat Account

A Demat (Dematerialisation) account is used for holding securities in electronic form. Its key features include:

Easy transfer of shares. Secure holding of securities.

Trading Account

A trading account is a necessary instrument for buying and selling securities in the stock market. This account can be linked to a Demat account for seamless transactions. Key points:

Permits trading in stocks, commodities, and other financial instruments. Facilitates easy transfers with a Demat account.

Margin Account

A margin account allows traders to borrow funds from the brokerage to trade larger positions. This feature comes with higher risks and potential for margin calls.

NRI Account

NRIs (Non-Resident Individuals) who wish to invest in the Indian market can open an NRI account. Key features:

Specifically designed for Non-Resident Indians. Regulatory norms for foreign investment must be adhered to.

Mutual Fund Account

A mutual fund account enables investment in mutual funds through the Angel One platform. Key features include:

Investment in direct and regular plans. Convenience in managing mutual fund investments.

Additional Features

Angel One offers several additional features to enhance the trading experience:

Angel One App

The Angel One app provides a user-friendly interface for trading, research, and portfolio management.

Research and Advisory Services

Average investors can access valuable market insights and recommendations through Angel One's research and advisory services.

Educational Resources

The platform offers a rich array of educational resources, including webinars and tutorials, to help investors understand trading strategies and improve their investment skills.

Conclusion

Angel One's fee structure and account types are designed to cater to a wide range of investors, from beginners to experienced traders. It is always advisable to check the official website or contact their customer service for the most up-to-date information as brokerage charges and account features may change over time.