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Do you wish to get a complete Angel One Vs Upstox charges comparison and know angel or upstox which is better? Angel One and Upstox are two of the most popular discount brokers in India. While both offer low brokerage rates and advanced trading platforms, the fees and charges they impose can differ significantly. It is crucial to compare their charges to determine which one is more suitable for your own trading and investment needs. This is especially true when it comes to demat and trading account opening fees, annual maintenance charges, and transaction charges.
By comparing the fees and charges of Upstox Vs Angel One, you can make an informed decision and choose the one that suits your financial objectives. Find out upstox or angel one which is better.
Angel One Vs Upstox Charges: Trading Account Charges
There is no fee for opening a trading account with Angel One, while the opening fee for Upstox’s trading account is also zero now a days.
Angel One Vs Upstox Charges: Brokerage Charges
Both brokerage firms offer different pricing plans for trading in different asset classes such as Equity, Futures, Options, Currency, and Commodities. For equity delivery, Angel One charges nothing, whereas Upstox charges Rs 20 per executed order or 2.5% of the trade value, whichever is lower.
For equity intraday trading, both Angel One and Upstox charge Rs 20 per executed order. However, Upstox charges 0.05% of the trade value instead of a flat fee, whichever is lower.
So, Upstox vs Angel One which is better for equity options? Both firms charge Rs 20 per executed order.
The other asset classes such as currency, commodities, and futures have similar pricing structures. Angel One offers a basic plan called Angel Diet without any monthly fees or margin trading.
Upstox Vs Angel One Charges: Transaction Charges
Angel One and Upstox charge exchange transaction fees for trading in various asset classes. For equity futures trading on NSE, Angel One charges Rs 190 per Cr (0.0019%) and on BSE, it charges Rs 300 per Cr (0.003%) for each side of the trade. On the other hand, Upstox charges Rs 200 per Cr (0.002%) for equity futures trading on NSE. For equity options trading on NSE, Angel One charges Rs 5,000 per Cr (0.05%) and on BSE, it charges Rs 300 per Cr (0.003%) on the premium. For the same on NSE, Upstox charges Rs 5,300 per Cr (0.053%) on the premium.
In addition, Angel One charges exchange transaction fees for equity delivery and intraday trading, currency futures, and commodities trading, whereas Upstox charges exchange transaction fees for equity delivery, intraday, futures, options, currency futures, and commodities trading. The exchange transaction fees for each asset class vary between the two firms and also differ between the NSE and BSE exchanges.
Angel One Vs Upstox Charges: Demat Account Charges
Angel One charges Rs 240 per year as demat account Angel One AMC, whereas demat account Upstox AMC is free of charge.
Moving on with comparison between Upstox and Angel Broking, compare Angel One with Upstox Demat Account Charges:
Angel One Demat Account Charges:
- Depository Service Provider: CDSL
- DP ID: 33200
- Account Opening Fee: Nil
- Annual Maintenance Charges (AMC): ₹450 per year
- Advance Deposit: Nil
- Statutory charges: Nil
- Transaction Charges on Debit: ₹20 plus CDSL charges of ₹5.50 per ISIN
- Demat Charges: ₹50 per certificate
- Remat Charges: ₹50 plus actual CDSL charges
- Pledge Creation Charges: ₹25 per transaction
- Pledge Closure Charges: ₹25 per transaction
- Pledge Creation Confirmation Charges: Nil
- Pledge Closure Confirmation Charges: Nil
- Pledge Invocation Charges: Nil
- Failed Instruction Charges: Nil
- Other Charges: Nil
Upstox Demat Account Charges:
- Depository Service Provider: CDSL
- DP ID: 81800
- Account Opening Fee: ₹249
- Annual Maintenance Charges (AMC): ₹300 per year
- Advance Deposit: Nil
- Statutory charges: Nil
- Transaction Charges on Debit: ₹13 plus CDSL charges of ₹5.50 per scrip
- Demat Charges: ₹20 plus courier charges of ₹50 per demat request
- Remat Charges: ₹100 for every hundred securities or ₹25 per certificate, whichever is higher
- Pledge Creation Charges: 0.02% of the transaction value (minimum ₹50) plus CDSL charges
- Pledge Closure Charges: 0.02% of the transaction value (minimum ₹50) plus CDSL charges
- Pledge Creation Confirmation Charges: 0.02% of the transaction value (minimum ₹50) plus CDSL charges
- Pledge Closure Confirmation Charges: 0.02% of the transaction value (minimum ₹50) plus CDSL charges
- Pledge Invocation Charges: 0.05% of the transaction value (minimum ₹50)
- Failed Instruction Charges: ₹50 per transaction
- Other Charges: Nil
When it comes to the annual maintenance charges (AMC) for demat accounts of Upstox and Angel One in Angel Broking and Upstox comparison, Upstox charges zero per year for demat AMC while Angel One charges ₹450 per year.
Moving on to the next charges in Upstox and Angel Broking comparison, when one sells the shares or MF units, there are transaction charges on debit. These charges are in addition to brokerage and other regulatory charges.
For Angel One, the transaction charges on debit of ISIN are ₹20 + ₹5.50 (CDSL Charges) per transaction. On the other hand, for Upstox, the transaction charges on debit of ISIN are ₹13 + ₹5.50 CDSL charges per transaction. You can check these charges for debiting Equity/Mutual Funds from your demat account.
Angel One Vs Upstox Charges: Other Charges
Angel One charges a minimum brokerage of Rs 20 for equity and Rs 20 for F&O, and an additional Rs 20 per executed order for Call & Trade. On the other hand, Upstox charges a minimum brokerage of 0.05% and Rs 20 per trade for Call & Trade.
There is no stamp duty information provided for Upstox or Angel One. Angel One charges a DP charge of Rs 20 per scrip, while Upstox charges Rs 13 plus Rs 5.50 (CDSL charges) per scrip. Angel One also charges an auto square-off charge of Rs 50, but there is no information provided for Upstox regarding this.
When it comes to comparison between Angel Broking and Upstox Miscellaneous Charges, Angel One charges nothing while Upstox has Rs 50 Auto Square-off Charges.
Conclusion
When it comes to choosing between Angel One and Upstox based on charges, there are some notable differences to consider. You should make an informed decision based on your specific trading and investment needs and proper Angel One Vs Upstox charges comparison.
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