Articles

Angel Broking Brokerage Charges

by Rozzy S. Marketing Analyst

You are eligible to pay a fees when you extract some benefit out of any service. Beginning from your childhood when your parents used to pay your educational fees in order to facilitate better learning standards for you to the times now when you have to pay a certain sum of money to derive utility from it. Now the term ‘fees’ might differ as per the functioning of the task but for the understanding of the article, it will be termed as ‘charges’ because in the financial market, the brokerage services which you avail comes at a charge. This charge is called the brokerage charge and is taken by all the stock brokers who provides special service to you. Angel Broking is a well-known stock broker existent from 1987 and is known to provide its services at a very nominal rate. Let’s find out if it’s true or not. 

What are the Brokerage Charges? 

We know the basic definition from above that when you render investment or advisory or any such financial service in order to do well in the stock market framework, you ought to pay the charge on it. But the brokerage charges aren’t exclusive for you as there are several other charges which you have to pay in order to complete a trade like:

  • Turnover Charges 

  • Call and Trade charge

  • Offline Trade charge

  • Stamp Charges 

  • GST 

  • Annual Maintenance Charge 

  • Depository Participant charges 

These charges differ from the level, type and the operation of the trade.

What are the Basic Charges of Angel Broking?

Angel Broking offer the opening of the account at “zero” rate and has simplified fees structure for all types of trading whether in equity, commodity, currency or other. It has pre-charted all the charges which one must pay and is levied per executed order. You also have the option to compare all the charges and make the best choice as you want to be.  Ypu can calculate the brokerage by using Angel Broking Brokerage Calculator For Free.

Equity Charges





Currency Charges

Commodity Charges

Other Charges 


They charge the order value for options as (strike + premium) x lot size. The government charges could not be altered as they are charged as applicable. If there is any overhead tariff, it is intimated 30 days in advance and it levies brokerage for the client’s transactions as per the brokerage slabs prescribed by SEBI/Stock Exchange.

Some terms to be clarified 

STT – Security Transaction tax which is levied on every security and is charged on both buying and selling. 

Offline Trade – Trades which are not carried online. For e.g., Auto square off, contract expiry, etc. 


Apart from this, Angel Broking charges a flat annual maintenance charge (AMC) of Rs. 450, plus taxes 

A final thought 

This is an exhaustive list of charges which are taken by Angel Broking. There are online calculators as well which helps you to quickly transact your brokerage fees. All in all, Angel Broking has always received good reviews on their trade and have been a pioneer in the financial market and a trustworthy partner for your investment route with low charges. 



Sponsor Ads


About Rozzy S. Innovator   Marketing Analyst

17 connections, 0 recommendations, 53 honor points.
Joined APSense since, August 22nd, 2017, From New York, United States.

Created on Feb 2nd 2021 04:44. Viewed 89 times.

Comments

No comment, be the first to comment.
Please sign in before you comment.