Thursday, December 5, 2024
HomeDemat AccountAngel One New Brokerage Charges

Angel One New Brokerage Charges

Angel One is one of India’s largest full-service brokers, featuring a simple, flat-fee broking plan that costs a maximum of Rs. 20 per order. It offers a comprehensive range of services including equity, F&O, commodities, currency, IPOs, bonds, and mutual funds, as well as advice services, margin trading, and loans against shares.

While broking fees remain set, investors must pay additional transaction and regulatory expenses such as STT, SEBI tax, GST, and Demat fees. The broker provides an online broking calculator to help investors determine overall trading costs and compare fees to competitors.

Direct Charges

Transaction Fee
Account Opening Charges (One Time) Rs 0 (Free)
Margin Trade Funding 0% for borrowing up to Rs.

1 lakh for the first 30 days

Open an account with Angel OneClick here

Brokerage Charges

Rs. 0 Brokerage up to Rs. 500 for first 30 days across Equity Delivery, Intraday, F&O, Commodities, and Currencies. Post 30 days, regular brokerage charges apply which are as follows

Segment Brokerage Fee
Equity Delivery Rs 20 per executed order after 30 days
Equity Intraday Rs 20 per executed order after 30 days
Equity Futures Rs 20 per executed order after 30 days
Equity Options Rs 20 per executed order after 30 days
Currency Futures Rs 20 per executed order after 30 days
Currency Options Rs 20 per executed order after 30 days
Commodity Futures Rs 20 per executed order after 30 days
Commodity Options Rs 20 per executed order after 30 days

Other Charges

Segment Fee
Account Maintenance Charges
(free for 1st year)
For BSDA (Basic Services Demat Account) Clients:

Value of holdings in Demat account upto Rs. 4 Lakh – NIL

Value of holdings in Demat account between Rs. 4 Lakh to Rs. 10 Lakh – Rs. 100 + GST / Year

For non-BSDA clients:

Rs. 60 + GST per quarter

Call & Trade Rs. 20 per order
Auto Square Off Charges Rs. 0
Demat Rs. 50 per certificate
Remat Rs. 50 per certificate + actual CDSL charges
Physical Statements / DIS Request / Physical Contract Notes Rs. 50
Cheque Bounce Charges Rs. 350

Note

  • Gst of 18% on (Brokerage + Transaction Charge + SEBI Fee)
  • SEBI Charges of 0.0001% (Rs. 10 per crore) of the turnover (except for Agri Futures where it is Rs. 1 per crore)
  • Brokerage is charged for each executed order across all segments.
  • To calculate the order value of options, multiply the strike price and premium by the lot size.
  • Brokerage is also applicable on expired, exercised, and assigned options contracts.
  • Stamp duty, GST, education cess, and other applicable statutory fees shall be charged in accordance with the laws.

Open an account with Angel OneClick here

Conclusion

Angel One has introduced an attractive new pricing strategy that includes zero account opening fees and free broking for the first 30 days across numerous areas including as Equity Delivery, Intraday, F&O, Commodities, and Currencies. After 30 days, a flat Rs. 20 per executed order is charged across all Type of segments, including equities, currency, and commodity trades. Account maintenance costs, call and trade charges, and demat/remat fees are all additional charges.

If you found this post useful, please comment “useful”. And I request you to Please share this post on Facebook/WhatsApp with those who need this.

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular