IDBI Capital vs Angel Broking – Point by Point Comparison

Whenever a person is planning to invest in stocks, it is important to choose the right type of broker for all your transactions. Comparing two renowned stock broker companies, IDBI Capital and Angel Broking, it is also important to look at the similarities of the two so that one can easily choose the right broker.

To choose the right broker, it is important to first know about the type of broker. IDBI Capital and Angel Broking are both full service brokers. Coming on the next step after looking at the type of brokers, it is important to know about the registration charges that these firms charge. IDBI Capital charges Rs. 700 for opening a trading account for online share trading whereas Angel Broking charges Rs. 600 for the same.

The next most important factor for choosing the right company is the brokerage they charge for every transaction. IDBI Capital charges 0.50% of every trade whereas Angel Broking charges 0.01 to 0.04% of every trade. The trading platform for IDBI Capital is Power Pro however for Angel Broking the trading platform is Angel Lite and Speed Pro.

One must closely examine every important factor before choosing the right company for managing a share trading.

    IDBI Capital Angel Broking
Basic Information Type of Broker Full Service Broker Full Service
Fees for Opening Trading Account Rs. 700 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 0.50% 0.1% to 0.4%
Equity Intraday Charges 0.08% 0.1% to 0.4%
Equity Future Charges 0.08% 0.1% to 0.4%
Equity Options Charges Rs. 100 per lot Rs. 30 to Rs. 50 per lot
Currency Futures Charges NA 0.1% to 0.4%
Currency Options Charges NA Rs. 12 to Rs. 15 per lot
Commodity Charges NA 0.1% to 0.4%
Minimum Brokerage Charges Rs. 25 per transaction or 2.5% of the transaction value, whichever is lower 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 0.051% on Premium 0.05% on Premium
Currency Futures NA 0.00%
Currency Options NA 0.05% on Premium
Commodity NA For MCX: 0.0015%, for MCX-SX: 0.0001% & for NCDEX: 0.0030%
Features 3-in-1 Account Y N
Mobile Trading Y Y
Acceptance of Orders After Trading Hours Y Y
SMS Alerts NA Y
Online Demo Y Y
Online Portfolio Y Y
Trading Platform Power Pro Angel Lite, Angel Swift, Angel Eye & Speed Pro
Investment Services Stock/ Equity Y Y
Commodity N Y
Currency N 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 N Y
Branch Support Y Y
Reports Daily  Market Report Y Y
Quarterly Analysis of Results Y Y

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