Angel Broking vs AnandRathi – Point by Point comparison

Angel group was incorporated in 1987, and soon emerged as one of the top most retail broking houses in India. Anandrathi was founded in 1994 and soon made its presence felt not only in India but internationally as well. Anandrathi provides investments in equity, derivatives, currency futures, IPO, mutual funds, commodities and insurance.

Both of them are full service brokers. Angel broking trades in BSE, NSE, and MCX while on the other hand Anandrathi trades in NSE, BSE, MCX, NCDEX and NSEL.

If we talk about the costs, angel broking incurs no fees for trading account opening while anand rathi charges Rs.750. The trading account AMC is Rs. 300 for angel broking and nothing is charged for the same in anandrathi. The equity delivery brokerage of angel delivery lies between 0.128% and 0.40% and that of the other lies between 0.5% and 0.15%.

Angel broking offers easy to use online trading platforms and is user friendly while in case of the latter phone trading is also available.

In case of angel trading 3-in-1 account isn’t available and online money transfer from trading account to bank account isn’t possible. Anandrathi too doesn’t have the facility of 3-in-1 account and extra charges are incurred for their featured products.

Angel Broking AnandRathi
Basic Information Type of Broker Full Service Full Service Broker
Fees for Opening Trading Account Rs. 600 Rs. 750
Annual Maintenance Charges of Trading Account Nil Nil
Fees for Opening Demat Account Nil Rs. 300
Annual Maintenance Charges of Demat Account Rs. 300 Rs. 550
Brokerage Charges Equity Delivery Charges 0.1% to 0.4% 0.5% to 0.15%
Equity Intraday Charges 0.1% to 0.4% 0.05% to 0.15%
Equity Future Charges 0.1% to 0.4% 0.05% to 0.15%
Equity Options Charges Rs. 30 to Rs. 50 per lot 2% to 0.5% on premium or Rs. 75 to Rs. 20
Currency Futures Charges 0.1% to 0.4% 0.05% to 0.15%
Currency Options Charges Rs. 12 to Rs. 15 per lot 2% to 0.5% on premium or Rs. 75 to Rs. 20
Commodity Charges 0.1% to 0.4% 0.008% to 0.05%
Minimum Brokerage Charges Rs. 0.10 per share NA
Transaction Charges Equity Delivery 0.00% 0.00%
Equity Intraday 0.00% 0.00%
Equity Futures 0.00% For BSE: 0.0021% & for NSE: 0.0041%
Equity Options 0.05% on Premium 0.07% on Premium
Currency Futures 0.00% 0.00%
Currency Options 0.05% on Premium 0.07% on Premium
Commodity For MCX: 0.0015%, for MCX-SX: 0.0001% & for NCDEX: 0.0030% 0.00%
Features 3-in-1 Account N N
Mobile Trading Y Y
Acceptance of Orders After Trading Hours Y NA
SMS Alerts Y Y
Online Demo Y Y
Online Portfolio Y Y
Trading Platform Angel Lite, Angel Swift, Angel Eye & Speed Pro NA
Investment Services Stock/ Equity Y Y
Commodity Y Y
Currency Y Y
IPO (Initial Public Offers) Y Y
Mutual Funds Y Y
Debt Y Y
Bond/ NCD Y Y
Customer Support 24/7 Customer Support N N
Email Y Y
Phone Y Y
Online Live Chat Y Y
Branch Support Y Y
Reports Daily  Market Report Y Y
Quarterly Analysis of Results Y Y

Like this Article? Subscribe to Our Feed!

Leave a Reply

Your email address will not be published. Required fields are marked *

Check Out Best Brokerage Deals