Geojit BNP Paribas vs Angel Broking – Point by Point comparison

Geojit BNP Paribas was incorporated in the year 1987, and is one of the most grandeur stock brokers in India. It is a cash equity and has extensive experience in portfolio management services. It also deals with mutual funds and life insurance. Angel group was incorporated in 1987and is amongst the top broking houses in India

Both Geojit Paribas and angel broking are full time brokers. While Geojit bnp Paribas trades in BSE, NSE, MCX-SX, Angel broking deals in BSE, NSE, and MCX. Analysing the cost statistics we see that Geojit charges Rs.800 for a trading account while angel broking charges nothing for the same. The cost for opening a trading account is Rs. 300 for angel broking which isn’t charged in Geojit.

The equity delivery brokerage is 0.30% and 0.128% to 0.40% for Geojit and Angel respectively. And the equity operations brokerage is Rs.75 per lot for the prior and Rs. 32 per lot to Rs. 50 per lot for angel broking. Geojit BNP Paribas doesn’t offer commodity investment options which are available in the case of angel broking. In terms of customers services offered both of them are similar except for the fact that online chat possibility is offered by only angel.

Geojit BNP Paribas Angel Broking
Basic Information Type of Broker Full Service Broker Full Service
Fees for Opening Trading Account Rs. 800 Rs. 600
Annual Maintenance Charges of Trading Account Nil Nil
Fees for Opening Demat Account Nil Nil
Annual Maintenance Charges of Demat Account Rs. 350 Rs. 300
Brokerage Charges Equity Delivery Charges 0.30% 0.1% to 0.4%
Equity Intraday Charges 0.03% 0.1% to 0.4%
Equity Future Charges 0.03% 0.1% to 0.4%
Equity Options Charges Rs. 75 per lot Rs. 30 to Rs. 50 per lot
Currency Futures Charges Rs. 10 to Rs. 15 (vary as per contract) 0.1% to 0.4%
Currency Options Charges Rs. 10 to Rs. 15 (vary as per contract) Rs. 12 to Rs. 15 per lot
Commodity Charges NA 0.1% to 0.4%
Minimum Brokerage Charges Re. 0.01 per share or Rs. 20 per contract, whichever is higher Rs. 0.10 per share
Transaction Charges Equity Delivery 0.00% 0.00%
Equity Intraday 0.00% 0.00%
Equity Futures 0.00% 0.00%
Equity Options 0.055% on Premium 0.05% on Premium
Currency Futures 0.00% 0.00%
Currency Options 0.0473% on Premium 0.05% on Premium
Commodity NA For MCX: 0.0015%, for MCX-SX: 0.0001% & for NCDEX: 0.0030%
Features 3-in-1 Account N N
Mobile Trading Y Y
Acceptance of Orders After Trading Hours Y Y
SMS Alerts Y Y
Online Demo Y Y
Online Portfolio Y Y
Trading Platform Flip Platinum Angel Lite, Angel Swift, Angel Eye & Speed Pro
Investment Services Stock/ Equity Y Y
Commodity N Y
Currency Y Y
IPO (Initial Public Offers) Y Y
Mutual Funds Y Y
Debt Y Y
Bond/ NCD NA Y
Customer Support 24/7 Customer Support N N
Email Y Y
Phone Y Y
Online Live Chat N Y
Branch Support Y Y
Reports Daily  Market Report Y Y
Quarterly Analysis of Results Y Y

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