ShareKhan vs Angel Broking – Point by Point Comparison

If we need to compare two brokers for online share trading, we have to note the type of brokers we will be dealing with. ShareKhan and Angel Broking are both full service brokers. ShareKhan provides services in BSE, NSE, MCX, NSEL and NCDEX whereas Angel Broking in BSE, NSE, MCX and MCX-SX.

The fee charged by ShareKhan to open a trading account is Rs. 750 and the same for Angel Broking is Rs. 600. The maintenance charge for the same is Rs. 450 for the former whereas there is no maintenance charge in Angel broking.

 While there is no charge for opening a Demat account, the maintenance of the same is            Rs. 400 in ShareKhan and Rs. 300 in Angel Broking.

The equity intraday, equity future charges and currency future charges are at 0.10% in ShareKhan against 0.1% to 0.4% in Angel Broking.

The transaction charges for equity delivery and equity intraday is 0.1% and 0.03% respectively for ShareKhan whereas there is no such charge in Angel Broking.

The trading platform for ShareKhan is Trade Tiger which is comparable to Angel Broking’s Angel Lite, Angel Swift, Angel Eye and Speed Pro.

ShareKhan Angel Broking
Basic Information Type of Broker Full Service Broker Full Service
Exchanges BSE, NSE, MCX, NSEL & NCDEX BSE, NSE, MCX, MCX-SX
Fees for Opening Trading Account Rs. 750 Rs. 600
Annual Maintenance Charges of Trading Account Rs. 450 Nil
Fees for Opening Demat Account Nil Nil
Annual Maintenance Charges of Demat Account Rs. 400 Rs. 300
Brokerage Charges Equity Delivery Charges 0.50% 0.1% to 0.4%
Equity Intraday Charges 0.10% 0.1% to 0.4%
Equity Future Charges 0.10% 0.1% to 0.4%
Equity Options Charges Rs. 100 per lot or 2.5% on premium, whichever is higher Rs. 30 to Rs. 50 per lot
Currency Futures Charges 0.10% 0.1% to 0.4%
Currency Options Charges Rs. 100 per lot or 2.5% on premium, whichever is higher Rs. 12 to Rs. 15 per lot
Commodity Charges 0.10% 0.1% to 0.4%
Minimum Brokerage Charges Rs. 0.10 per share Rs. 0.10 per share
Transaction Charges Equity Delivery 0.1% from both sides 0.00%
Equity Intraday 0.03% 0.00%
Equity Futures 0.17% from selling side 0.00%
Equity Options 0.017% on premium from selling side 0.05% on Premium
Currency Futures 0.17% from selling side 0.00%
Currency Options 0.017% on premium from selling side 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 Y Y
SMS Alerts Y Y
Online Demo Y Y
Online Portfolio Y Y
Trading Platform Trade Tiger 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 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

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