India Infoline vs Angel Broking – Point by Point Comparison

Both India Infoline and Angel Broking provide Full Service Brokers but only India Infoline charges for opening of a demat account. The brokerage charges such as equity delivery charges, equity intraday charges and equity future charges are same for Angel Broking i.e. ranging from 0.1% to 0.4%, whereas in India Infoline these charges are 0.50%, 0.05% and 0.05% respectively. The minimum brokerage charges for India Infoline are Rs 0.05 per share whereas Angel Broking takes Rs 0.10 per share for the same. The commodity charges vary from 0.1% to 0.4% in case of Angel Broking and for India Infoline the charges are 0.05%. The fee for opening a trading account for India Infoline is Rs 750 whereas the fee in the case of Angel Broking is Rs 600. India Infoline provides a feature of acceptance of orders after trade hours, on the other hand no such feature is provided by Angel Broking. Customer support through online live chat is provided to its customers by Angel Broking but not by India Infoline.

    India Infoline Angel Broking
Basic Information Type of Broker Full Service Broker Full Service
Fees for Opening Trading Account Rs. 750 Rs. 600
Annual Maintenance Charges of Trading Account NA Nil
Fees for Opening Demat Account Rs. 555 Nil
Annual Maintenance Charges of Demat Account Rs. 300 Rs. 300
Brokerage Charges Equity Delivery Charges 0.50% 0.1% to 0.4%
Equity Intraday Charges 0.05% 0.1% to 0.4%
Equity Future Charges 0.05% 0.1% to 0.4%
Equity Options Charges Rs. 100 per lot or 1% on premium, whichever is higher Rs. 30 to Rs. 50 per lot
Currency Futures Charges 0.05% 0.1% to 0.4%
Currency Options Charges Rs. 100 per lot or 1% on premium, whichever is higher Rs. 12 to Rs. 15 per lot
Commodity Charges 0.05% 0.1% to 0.4%
Minimum Brokerage Charges Rs. 0.05 per share 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 0.00% 0.00%
Currency Options 0.051% on Premium 0.05% on Premium
Commodity 0.00% 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 NA Y
SMS Alerts Y Y
Online Demo Y Y
Online Portfolio Y Y
Trading Platform Trader Terminal Angel Lite, Angel Swift, Angel Eye & Speed Pro
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 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

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