Angel One is a prominent full-service broker in India, known for its simple pricing model and affordable brokerage fees. In this guide, we’ll break down Angel One’s brokerage charges, account fees, and transaction costs in easy-to-understand language for Indian investors.
Angel One Account Charges
Angel One offers a fixed, flat-fee brokerage plan across various segments, including Equity, F&O, Commodity, Currency, IPO, Bonds, and Mutual Funds. Here’s a breakdown of Angel One’s brokerage charges for different segments:
| Transaction | Fee |
|---|---|
| Trading Account Opening Charges (One Time) | Rs 0 (Free) |
| Trading Annual Maintenance Charges (AMC) (Yearly Fee) | Rs 0 (Free) |
| Demat Account Opening Charges (One Time) | Rs 0 (Free) |
| Demat Account Annual Maintenance Charges (AMC) (Yearly Fee) | Rs 240 |
Angel One Brokerage Charges 2024 (Angel iTrade PRIME Plan)
Below table shows how the full elaboration of Angel One brokerage charges as it is updated on the latest information of 2024. Keep in mind that if you will trade in the following sections then the charges which are written in front of them will be charged to you. Angel One brokerage charge is too low in comparison to others which is why Angel One is the first choice of everyone in India.
| Segment | Brokerage Fee |
|---|---|
| Equity Delivery | Rs 0 (Free) |
| Equity Intraday | Rs 20 per executed order |
| Equity Futures | Rs 20 per executed order |
| Equity Options | Rs 20 per executed order |
| Currency Futures | Rs 20 per executed order |
| Currency Options | Rs 20 per executed order |
| Commodity Futures | Rs 20 per executed order |
| Commodity Options | Rs 20 per executed order |
Angel One Demat Account Charges 2024
| ID | Transaction | Charges |
|---|---|---|
| 1 | Demat Account Opening Charges | Rs 0 (Free) |
| 2 | Transaction Charges (Buy) | – |
| 3 | Transaction Charges (Sell) | Rs 20 per ISIN (Rs 50 per ISIN for BSDA Client) |
| 4 | Annual Maintenance Charges (AMC) | Rs 240 per year (Rs 20 per month) |
| 5 | Demat + Courier charges | Rs 50 per certificate |
| 6 | Remat | Rs 50 + Actual CDSL charges |
| 7 | Pledge Creation | Rs 20 per ISIN (Rs 50 per ISIN for BSDA Client) |
| 8 | Pledge Creation Confirmation | Nil |
| 9 | Pledge Invocation | Nil |
| 10 | Failed Transactions | Nil |
| 11 | Other Charges | Rs 25 per request for additional DIS |
Angel One Transaction Charges 2024 (Exchange Turnover Charge)
Below is the list of Angel One transitions on which a user gets charged off.
| Segment | Transaction Fee |
|---|---|
| Equity Delivery | NSE Rs 325 per Cr (0.00325%) |
| Equity Intraday | NSE Rs 325 per Cr (0.00325%) |
| Equity Futures | NSE Rs 190 per Cr (0.0019%) |
| Equity Options | NSE Rs 5000 per Cr (0.05%) |
| Currency Futures | NSE Rs 90 per Cr (0.0009%) |
| Currency Options | NSE Rs 3500 per Cr (0.035%) |
| Commodity | MCX Rs 150 per Cr (0.0015%) |
Angel One Trading Taxes
Below is the list of the activities you will be charged for as tax.
| Tax | Rates |
|---|---|
| Securities Transaction Tax (STT) | Equity Delivery: 0.1% on both Buy and Sell |
| Equity Intraday: 0.025% on Sell Side | |
| Equity Futures: 0.01% on Sell Side | |
| Equity Options: 0.05% on Sell Side (on Premium) | |
| Commodity Futures: 0.01% on Sell Side (Non-Agri) | |
| Commodity Options: 0.05% on Sell Side | |
| Currency F&O: No STT | |
| On Exercise transaction: 0.125% | |
| Right to entitlement: 0.05% on Sell Side | |
| Exchange Transaction Charges | Refer to the table above |
| GST | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
| SEBI Charges | 0.0001% (₹10/Crore) of the turnover (except for Agri futures where it is Rs 1 per crore) |
| Stamp Duty | On Buy Side Only: Delivery: 0.015%, Intraday: 0.003%, Equity Futures: 0.002%, Equity Options: 0.003% |
| Currency F&O: 0.0001%, Commodity Futures: 0.002%, Commodity Options: 0.003% (MCX) |
Angel One Calculating Brokerage Charges
To calculate your brokerage charges, you can use Angel One’s online brokerage calculator. This tool helps you estimate your trading costs, including brokerage and other regulatory charges like STT charges, SEBI tax, and GST on your transactions. By using this calculator, you can compare charges with competitors and assess potential savings.
Angel One’s Additional Transaction Charges
In addition to brokerage charges, investors also need to consider various other transaction charges and regulatory fees. These charges include Exchange Turnover Charge, SEBI Charges, Stamp Duty, and GST. It’s essential to factor in these costs when planning your trades to avoid any surprises.
Benefits of Angel One’s Brokerage Charges
- Affordable Pricing: With a maximum brokerage of Rs 20 per order and competitive rates across segments, Angel One offers cost-effective trading solutions.
- Transparent Fee Structure: Angel One’s fee structure is transparent, making it easier for investors to understand and plan their trading expenses.
- Online Brokerage Calculator: The brokerage calculator helps investors calculate their cost of trading accurately, allowing them to make informed decisions.
Conclusion
Understanding Angel One’s brokerage charges is essential for investors looking to trade in the Indian stock market. By being aware of these charges and using tools like the brokerage calculator, investors can optimize their trading strategy and maximize their returns.