Angel Broking is the only full-service broker among the top brokers in India that offers discount brokerage plans. Angel Broking also offers free account opening charges for its new clients.
Angel Broking is a good option if you are looking for a stockbroker with a decent trading platform who offers a free account.
In this article, I will provide a comprehensive guide to all the charges that Angel Broking levies on you.
Angel Broking Charges Details
Angel Broking Account Opening Charges
Currently, Angel Broking charges zero fees for account opening.
Angel Broking Annual Maintenance Charges (AMC)
Angel Broking charges Rs. 600 per annum as AMC charges for regular (Non-BSDA) investors.
| Account Type | Account Maintenance Charges |
| For BSDA (Basic Services Demat Account) Clients Holding Value Less Than 50,000 | Zero |
| For BSDA (Basic Services Demat Account) Clients Holding Value Between Rs 50,000 to Rs 2 Lakh | Rs 100 per annum |
| Non-BSDA Clients or (Holding above Rs 2 Lakh) | Rs 20 per month |
Angel Broking Brokerage Charges
Angel Broking offers Zero brokerage on equity delivery and Rs. 20 per trade on all other segments in its iTrade Prime Plan.
Let’s have a look at the brokerage charges
Angel iTrade Prime Plan Brokerage Charges
| Trading Segment | Charges |
| Equity Delivery | Zero |
| Equity Intraday | Rs. 20 or 0.25% per executed order whichever is lower |
| Equity Futures | Rs. 20 or 0.25% per executed order whichever is lower |
| Equity Options | Flat Rs. 20 or 0.25% per executed order whichever is lower |
| Currency Futures | Rs. 20 or 0.25% per executed order whichever is lower |
| Currency Options | Rs. 20 or 0.25% per executed order whichever is lower |
| Commodity Futures | Rs. 20 or 0.05% per executed order whichever is lower |
| Commodity Options | Rs. 20 or 0.25% per executed order whichever is lower |
Angel Broking Delivery Charges
Angel Broking charges Zero brokerage on equity delivery.
Angel Broking Intraday Charges
Angel Broking charges a lower of Rs. 20 or 0.25% per executed order irrespective of the trading volume.
For example, if you trade worth Rs 5,000 then Angel Broking will charge Rs 12.50 for stock intraday, not Rs 20.
But if you place an order for 10,000 or more then a fixed charge of Rs 20 will be charged.
Angel Broking Futures Trading Charges
Angel Broking charges a lower of Rs. 20 or 0.25% per executed order irrespective of the trading volume among all the segments.
For example, if you trade worth Rs 5,000 then Angel Broking will charge Rs 12.50 for Futures, not Rs 20.
But if you place an order for Rs 10,000 or above then a fixed charge of Rs 20 will be charged.
Angel Broking Options Trading Charges
Angel Broking charges a lower of Rs. 20 or 0.25% per executed order irrespective of the trading volume among all the segments.
For example, if you trade worth Rs 5,000 then Angel Broking will charge Rs 12.50 for Options, not Rs 20.
But if you place an order for 10,000 pr or above then a fixed charge of Rs 20 will be charged.
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Angel Broking Call and Trade Charges
Angel Broking charges a fee of Rs. 50 per executed order for all trades executed through Call and Trade.
Angel Broking Charges for Mutual Funds
Angel Broking charges 0.5% to 1.% commission for mutual fund investments through its platform.
Angel Broking Charges for IPO Investment
Angel Broking charges zero fees for IPO investments through its platform.
Angel Broking Plegde and Unpledge Charges
You can use the margin against Demat holdings for trading futures & options only. Angel Broking charge on both pledging and unpledging of assets as mentioned below –
| Pledge / Unpledge for Non-BSDA clients | Rs. 20 per ISIN |
| Pledge / Unpledge for BSDA clients | Rs. 50 per ISIN |
Angel Broking MTF (Margin Trading Facility) Charges
Angel Broking charges the following fee on MTF orders over and above regular brokerage
| Interest | Rs 20 per day for every slab of Rs 40,000 taken as MTF |
| Pledge | Rs 20 or Rs 50 per scrip for pledge or unpledge |
Angel Broking Margin Shortfall Penalty
Angel Broking charges a penalty on the debit balance in the trading account.
| Margin shortfall penalty on the outstanding amount | 1.50% (levied every 15 days) |
Angel Broking Charges For Auto-square Off
Angel Broking charges a flat fee of Rs. 20 per executed trade for all Auto-square-off trades.
Angel Broking P&L/CMR Physical Copy
Angel Broking charges a fee of Rs. 50 per page for providing a physical copy of the CMR (Client Master Report) to its customers.
Angel Broking Off Market Share Transfer Charges
- Buy orders will continue to be charged lower of Rs 100 or 1.5%.
- ‘Invest More’ orders will be charged lower of Rs 100 or 1.5%
- SIP orders will be charged lower of ₹10 or 1.5%
Angel Broking Funds Add Charges
Angel Broking charges a fee of Rs. 9 per deposit through net banking. Otherwise, Angel Broking does not levy any fees for depositing money through UPI, NEFT, or RTGS.
Angel Broking Funds Withdraw Charges
RBI charges fees based on the amount you want to transfer.
Using NEFT
- – For transactions up to Rs 1 lakh – Rs 5
- – For transactions above Rs 1 lakh and up to Rs 2 lakh – Rs 15
- – For transactions above Rs 2 lakhs – Rs 25
Using RTGS
- Rs. 2 lakh to Rs. 5 lakh – Rs. 30 per transaction.
- Above Rs. 5 lakh – Rs. 55 per transaction.
Angel Broking Charges for Cancelled Orders
Angel Broking does not charge any fees for canceling orders.
Cancellation can be due to –
- Canceling orders manually
- Auto-canceled by the system
- Order rejected for short of funds or any reason
Angel Broking Charges for GTT
Angel Broking does not charge any fees for setting up GTT (Good Till Triggered) orders. However, a brokerage fee of Rs. 20 is charged when the order is triggered for intraday while Zero brokerage is charged for delivery orders.
Good Till Trigger (GTT) allows you to set certain trigger (price) conditions leading to buying/ selling of shares at a particular price.
Angel Broking Charges For BTST
Angel Broking charges a flat fee of Rs. 20 per executed trade for all BTST trades.
Check out – Angel Broking speed pro software review
Government Taxes and Regulatory Charges
Angel Broking SEBI Charges
Every broker has to pay a fee to SEBI for every trade that they execute on behalf of their clients.
Angel Broking charges a fee of Rs 10 per crore traded as SEBI charges.
GST (Goods and Services Tax)
GST is levied by the government on the services provided by the broker. 18% GST needs to be paid on all the charges like brokerage fees, SEBI charges, and transaction fees.
Angel Broking Transaction Charges
Angel Broking charges transaction charges for every trade executed on the exchange. The charges are levied by the exchange and vary from one exchange to another. The charges are as follows:
| Segment | Charges |
| NSE Equity | 0.00345% |
| NSE Equity Futures | 0.0020% |
| NSE Equity Options | 0.053% |
| NSE Currency Futures | 0.0009% |
| NSE Currency Options | 0.035% |
| BSE Currency Futures | 0.00022% |
| BSE Currency Options | 0.001% |
| Commodity Futures | 0.0026% |
| Commodity Options | 0.05% |
Angel Broking STT Charges
STT (Securities Transaction Tax) is levied by the government on securities and commodities on all trades executed on the exchange. The charges are as follows:
| Trading Segment | Charges |
| Equity Delivery | 0.1% on both buy & sell |
| Equity Intraday | 0.025% only on sell |
| Equity Futures | 0.01% only on sell |
| Equity Options | 0.05% only on sell |
| Currency Futures | No STT |
| Currency Options | No STT |
| Commodity Futures | 0.01% on sell (Non-Agri) |
| Commodity Options | 0.05% on sell |
Angel Broking Stamp Duty
Stamp duty is a tax levied by the state government on the transfer of securities. Stamp duty is charged only on the buy side.
The stamp duty charges are as follows:
| Trading Segment | Charges |
| Equity Delivery | 0.015% or Rs 1500 / crore |
| Equity Intraday | 0.003% or Rs 300 / crore |
| Equity Futures | 0.002% or Rs 200 / crore |
| Equity Options | 0.003% or Rs 300 / crore |
| Currency Futures | 0.0001% or Rs 10 per crore |
| Currency Options | 0.0001% or Rs 10 per crore |
| Commodity Futures | 0.002% or Rs 200 per crore |
| Commodity Options | 0.003% or Rs 300 per crore |
Angel Broking DP Charges
| DP charges for Non-BSDA clients | Rs. 20 per ISIN |
| DP charges for BSDA clients | Rs. 50 per ISIN |
I have written other brokers’ charges as well, which you can check below to get a better understanding.
