Comparative Analysis – ANGEL Broking Vs ZERODHA
STOCKBROKERS
Who is a Stockbroker?
A stockbroker is a professional trader who buys and sells shares on behalf of clients. The stockbroker may also be known as a registered representative or an investment advisor. Most stockbrokers work for a brokerage firm and handle transactions for a number of individual and institutional customers.
Brokerage firms and broker-dealers are also sometimes referred to as stockbrokers. This includes both full-service brokers and discount brokers, who execute trades but do not offer individualized investing advice..
Types of brokers
Based on the types of clients they cater to, stock brokers are usually classified into two distinct categories:
- Institutional Stock Brokers: They have large institutions and companies as their clients and trade in securities on behalf of them. They offer services such as investment banking, securities services (IPO or secondary offerings), advisory services, and brokerage services to institutional investors.
- Personal Stockbrokers: Personal stockbrokers offer investment banking, advisory services and brokerage services to small businesses and individual investors.
Services offered by a Stock market broker
- Buying : One of the most basic responsibilities of a stockbroker is to buy stocks on behalf of his client; he may do this in different ways, depending on the type of account the client has. In a discretionary account, the stockbroker buys stock for a client based on some prearranged guidelines. In an advisory account, however, the stockbroker only advises a client on what stock to buy, while in an execution account, the stockbroker only buys stock that the client has specifically indicated.
- Selling: The other responsibility a stockbroker has is selling stock on behalf of a client. Just as in the case of buying stock, the stockbroker can only sell stocks of a client based on the account that a client signed up for. If a client has an execution-only account, the stockbroker can only sell a client’s stock when asked to do so. If a client has an advisory account, a stockbroker can only advise the client to sell his stocks, while if a client has a discretionary account, a stockbroker has some leeway on selling the stocks based on a prearranged guideline.
- Advisory services: Stock Market brokers possess expertise related to the working of stock market, performance of stocks, market trends, and so on. Besides, they have access to the database and research findings of brokerage firms that they are associated with. Hence, they can provide excellent investment advice to their clients.
- Research: Competent stockbrokers research accounting, economic and technical analysis of different companies and stocks. Their findings form the basis of their feedback to a client. If a stockbroker believes a client’s stock’s price will drop drastically, he’ll advise him to sell when the price is still high. If, on the other hand, a stockbroker believes the price of a client’s stock will rise significantly, he may advise him to retain the stock.
Educational Requirements for Stockbrokers
The minimum educational qualification required to become a stock broker is a graduation with at least 2 years of experience in a stock broking firm. A sub-broker (the previous stage of being a broker) needs to have passed the class 12th standard to be eligible for his job. Minimum age: 21 years.
A strong understanding of financial laws and regulations, accounting methods, principles of economics and currency, financial planning and financial forecasting all are useful for working in the field.
COMPARATIVE ANALYSIS: ANGEL BROKING Vs ZERODHA
Zerodha Broking Limited is an Indian financial services company (a member of NSE, BSE, MCX), founded by Nitin Kamath, in 2010.As of December 2020, Zerodha was the largest retail stockbroker in India by active client base, and contributes upwards of 15% of daily retail volumes across Indian stock exchanges.In June 2020, Zerodha entered the unicorn club with a self-assessed valuation of about $1 billion.
Angel broking is a public company headquartered in Mumbai whereas Zerodha is a private company headquartered in Bangalore.
Angel broking is full service broker , which means it is a licensed financial broker-dealer firm that provides a large variety of services to its clients, including research and advice, retirement planning, tax tips, and much more whereas Zerodha is a discount broker which means they carry out buy and sells orders at reduced commission rates, however, they do not offer personal consultations, advice and research to customers.
Both of the companies provide services in the financial sector. Angel broking provides services like,equity trading, commodities, portfolio management services,mutual funds , life insurance, health insurance, IPO, depository services and investment advisory however Zerodha provides equity trading, derivative trading, currency trading, commodities, mutual funds and government bonds.
Other than these some advantages of angel broking are Advisory services ,Trading in all market segments on BSE, NSE, MCX, NCDEX , Widespread Sub-brokers and partners network ,Offers Commodity Trading ,Free Demat Account whilst Zerodha provides , No Brokerage on Equity Delivery and mutual funds , Flat rate for stock Trading ,Own DP services ,Good Brokerage and margin Calculator ,Offers up to 20x leverage on intraday trading ,Offers most advanced online trading tools ,Offers facility to apply online IPO and a Strong Customer Service.
If we take a look at the disadvantages, Angel Broking doesn’t offer a 3-in-1 account, charges high Brokerage , not suitable for small and penny stock traders as they charge minimum brokerage of 30 Rs for your trade and also has Hidden charges and Zerodha provides no margin funding, has high charges on call and trade @ Rs50 per call, charges on funds transfer @9Rs per fund transfer, charges for sms alerts, additional charge of ₹50 per executed order for MIS/BO/CO positions ,doesn’t provide stock tips, research reports or recommendations and doesn’t offer Unlimited Trading plans.
Why to choose Angel broking?
- Wide Network with over 8500 Sub-brokers and Franchise partners in 900+ cities in India.
- Offers Demat account absolutely free.
- Personalised investment advice through artificial intelligence based investment engine.
- Provides Top quality research powered by ARQ predictions, which help to pick n invest in best stocks.
- Call-n-Trade: you can place orders securely over the telephone with the Call N Trade service.
Why Do I Choose Zerodha over Angel Broking?
- Charges flat rate of ₹20 per executed order.
- Does not charge any brokerage on Equity delivery transactions.
- Provides a platform to invest in mutual funds.
Innovative trading platform. - No upfront fee, no minimum brokerage and no minimum contract charges.
- The largest stockbroker by active clients, markerrrrrrrtyuit volume.
- Zero brokerage Direct Mutual Funds.
- Offers up to 20x leverage on intraday trading.
Hello grmbulls.com Administrator, exact in this article: Link Text
Hello grmbulls.com owner, Your posts are always well-timed and relevant.
Hi grmbulls.com administrator, Your posts are always informative and well-explained.
As a Newbie, I am continuously exploring online for articles that can aid me. Thank you
https://over-the-counter-drug.com/# over the counter uti medication
doxycycline 150 mg buy doxycycline online uk or buy doxycycline cheap
http://www.everydayfoodilove.com/__media__/js/netsoltrademark.php?d=over-the-counter-drug.com doxycycline 100mg tablets
[url=http://www.studyireland.org/__media__/js/netsoltrademark.php?d=over-the-counter-drug.com]price of doxycycline[/url] doxycycline monohydrate and [url=http://www.jbt4.com/home.php?mod=space&uid=7185469]doxycycline hyclate 100 mg cap[/url] doxycycline vibramycin
https://zithromax.science/# zithromax over the counter canada
amoxicillin pills 500 mg generic amoxil online
https://amoxil.science/# where can i buy amoxicillin without prec
[url=https://doxycycline.science/#]buy generic doxycycline[/url] buy doxycycline for dogs
https://amoxil.science/# buy amoxicillin canada
[url=https://stromectol.science/#]stromectol pills[/url] buy ivermectin canada
ivermectin for humans stromectol ivermectin 3 mg or ivermectin 3 mg
http://upsts.org/__media__/js/netsoltrademark.php?d=stromectol.science ivermectin drug
[url=http://lcd-designs.com/__media__/js/netsoltrademark.php?d=stromectol.science]where can i buy stromectol[/url] minocycline 100mg otc and [url=http://www.aiwujie.wang/home.php?mod=space&uid=574160]ivermectin over the counter canada[/url] buy oral ivermectin
zithromax capsules 250mg zithromax 500 mg for sale or zithromax 600 mg tablets
http://hotelshelpingthehomeless.org/__media__/js/netsoltrademark.php?d=zithromax.science" buy zithromax 500mg online
[url=http://greatlakesblog.net/__media__/js/netsoltrademark.php?d=zithromax.science]buy cheap zithromax online[/url] zithromax azithromycin and [url=https://www.jeepz.com/forum/members/dbgdrzmt.html]zithromax 1000 mg pills[/url] zithromax for sale cheap
zithromax tablets buy zithromax online
https://amoxil.science/# amoxicillin 500mg pill
[url=https://amoxil.science/#]cheap amoxil[/url] generic amoxicillin 500mg
https://amoxil.science/# amoxicillin no prescipion
[url=https://zithromax.science/#]zithromax purchase online[/url] generic zithromax online paypal
https://zithromax.science/# can you buy zithromax over the counter
doxycycline 100mg tablets doxycycline 100 mg or doxycycline generic
http://kensingtonretirement.com/__media__/js/netsoltrademark.php?d=doxycycline.science buy doxycycline online uk
[url=http://izodeurope.com/__media__/js/netsoltrademark.php?d=doxycycline.science]buy doxycycline without prescription uk[/url] doxy 200 and [url=https://98e.fun/space-uid-4443769.html]generic for doxycycline[/url] doxycycline 100mg price
doxycycline mono doxycycline 150 mg or buy doxycycline online 270 tabs
http://www.votalafoto.com/__media__/js/netsoltrademark.php?d=doxycycline.science doxycycline tablets
[url=http://avocadocontacts.com/__media__/js/netsoltrademark.php?d=doxycycline.science]buy doxycycline 100mg[/url] doxycycline 100 mg and [url=http://bbs.xiaoditech.com/home.php?mod=space&uid=614240]buy doxycycline without prescription uk[/url] doxycycline hyc
doxy 200 doxycycline 100mg dogs
https://zithromax.science/# buy cheap generic zithromax
[url=https://amoxil.science/#]amoxicillin tablets in india[/url] amoxicillin 500mg price canada
amoxicillin online purchase amoxicillin 500mg tablets price in india or buying amoxicillin in mexico
http://geeksoncalllive.com/__media__/js/netsoltrademark.php?d=amoxil.science can we buy amoxcillin 500mg on ebay without prescription
[url=http://advisorclient.org/__media__/js/netsoltrademark.php?d=amoxil.science]buy amoxicillin online cheap[/url] can you buy amoxicillin over the counter and [url=http://www.parandijital.com/forum/member.php?u=163567]cost of amoxicillin 30 capsules[/url] where can you buy amoxicillin over the counter
https://doxycycline.science/# buy doxycycline online uk
[url=https://zithromax.science/#]buy zithromax online[/url] buy zithromax online cheap
amoxicillin 500 mg where to buy amoxil
https://doxycycline.science/# doxycycline 100mg dogs
[url=https://amoxil.science/#]amoxil for sale[/url] where can i get amoxicillin
zithromax for sale us zithromax for sale usa or where to get zithromax
http://eduardoercisneros.org/__media__/js/netsoltrademark.php?d=zithromax.science how to get zithromax
[url=http://vfspotlightmobile.com/__media__/js/netsoltrademark.php?d=zithromax.science]buy zithromax online[/url] buy zithromax 500mg online and [url=https://www.521zixuan.com/space-uid-176420.html]zithromax 250 mg tablet price[/url] buy zithromax canada
minocycline capsules 100mg order minocycline 100 mg online or minocycline topical foam
http://innovativeequine.com/__media__/js/netsoltrademark.php?d=stromectol.science where to buy ivermectin pills
[url=http://enhancedvoiceprocessing.com/__media__/js/netsoltrademark.php?d=stromectol.science]minocycline for acne 100mg[/url] ivermectin online and [url=https://quantrinet.com/forum/member.php?u=321735]stromectol cream[/url] ivermectin over the counter canada
Learn about the side effects, dosages, and interactions. п»їMedicament prescribing information.
https://stromectolst.com/# ivermectin 3 mg tablet dosage
Some trends of drugs. What side effects can this medication cause?
Long-Term Effects. Actual trends of drug.
ivermectin gel
All trends of medicament. Read information now.
Read information now. earch our drug database.
https://stromectolst.com/# ivermectin 90 mg
Read information now. Read information now.
purchase stromectol online generic ivermectin cream or ivermectin 20 mg
http://tokyonodai.net/__media__/js/netsoltrademark.php?d=stromectol.science ivermectin coronavirus
[url=http://bullseyevisualarts.com/__media__/js/netsoltrademark.php?d=stromectol.science]ivermectin 10 mg[/url] minocycline 100 mg otc and [url=http://fl.liaochengquan.cn/home.php?mod=space&uid=273569]ivermectin virus[/url] order stromectol
To the grmbulls.com administrator, Your posts are always well-referenced and credible.
Hello grmbulls.com webmaster, Thanks for the well-organized and comprehensive post!
stromectol uk buy stromectol online or ivermectin brand
http://medds.net/__media__/js/netsoltrademark.php?d=stromectolst.com ivermectin lice
[url=http://vt422.com/__media__/js/netsoltrademark.php?d=stromectolst.com]stromectol medication[/url] ivermectin uk coronavirus and [url=https://lx.ahjxc.xyz/home.php?mod=space&uid=4359977]stromectol covid[/url] stromectol pills
All trends of medicament. Read here.
https://stromectolst.com/# ivermectin gel
Best and news about drug. Generic Name.
Some are medicines that help people when doctors prescribe. Learn about the side effects, dosages, and interactions.
https://stromectolst.com/# stromectol price
Drugs information sheet. Definitive journal of drugs and therapeutics.
Best and news about drug. Some trends of drugs.
ivermectin pills human
Long-Term Effects. Get warning information here.
ivermectin 0.1 uk ivermectin syrup or stromectol xr
http://thegarlandprocessserver.com/__media__/js/netsoltrademark.php?d=stromectol.science minocycline 50mg otc
[url=http://performancefats.com/__media__/js/netsoltrademark.php?d=stromectol.science]ivermectin medicine[/url] minocycline 50 mg tablet and [url=http://bbs.yongrenqianyou.com/home.php?mod=space&uid=3790331&do=profile]stromectol xl[/url] ivermectin australia
Everything information about medication. Actual trends of drug.
https://stromectolst.com/# ivermectin generic
Actual trends of drug. Read here.
Medicament prescribing information. Everything about medicine.
stromectol 3 mg price
Some are medicines that help people when doctors prescribe. What side effects can this medication cause?
Comprehensive side effect and adverse reaction information. Some are medicines that help people when doctors prescribe.
ivermectin 1 cream
Prescription Drug Information, Interactions & Side. Commonly Used Drugs Charts.
ivermectin iv stromectol nz or ivermectin human
http://districtwide.com/__media__/js/netsoltrademark.php?d=stromectolst.com stromectol tablets buy online
[url=http://secondhandsmog.org/__media__/js/netsoltrademark.php?d=stromectolst.com]ivermectin 2ml[/url] ivermectin 3mg and [url=http://83783.net/home.php?mod=space&uid=4479270]stromectol online[/url] ivermectin iv
safe and effective drugs are available. Some are medicines that help people when doctors prescribe.
[url=https://stromectolst.com/#]stromectol usa[/url]
Everything information about medication. Medscape Drugs & Diseases.
Hello grmbulls.com webmaster, Thanks for the valuable information!
All trends of medicament. Get information now.
stromectol price us
Commonly Used Drugs Charts. Commonly Used Drugs Charts.
To the grmbulls.com owner, Thanks for the well-organized and comprehensive post!
ivermectin 3mg tablets price minocycline 50mg tablets for human or buy minocycline 100mg online
http://modabee.org/__media__/js/netsoltrademark.php?d=stromectol.science minocycline 50 mg tablets online
[url=http://currantkids.com/__media__/js/netsoltrademark.php?d=stromectol.science]ivermectin human[/url] buy minocycline 100mg and [url=https://www.meiyingge8.com/space-uid-176504.html]buy stromectol online uk[/url] stromectol 15 mg
buy ivermectin pills ivermectin brand name or ivermectin tablets order
http://imp-wall.com/__media__/js/netsoltrademark.php?d=stromectolst.com generic ivermectin
[url=http://vino-tech.com/__media__/js/netsoltrademark.php?d=stromectolst.com]stromectol uk buy[/url] where to buy ivermectin and [url=http://m.414500.cc/home.php?mod=space&uid=794448]stromectol online pharmacy[/url] ivermectin 1 cream 45gm
All trends of medicament. earch our drug database.
[url=https://stromectolst.com/#]ivermectin oral 0 8[/url]
Top 100 Searched Drugs. Definitive journal of drugs and therapeutics.
Everything information about medication. earch our drug database.
[url=https://stromectolst.com/#]ivermectin lice oral[/url]
Definitive journal of drugs and therapeutics. Best and news about drug.
To the grmbulls.com administrator, Your posts are always a great source of knowledge.
safe and effective drugs are available. Commonly Used Drugs Charts.
ivermectin where to buy
Drugs information sheet. Commonly Used Drugs Charts.
minocycline rash ivermectin buy online or stromectol online pharmacy
http://ez-term.com/__media__/js/netsoltrademark.php?d=stromectol.science buy minocycline 50mg
[url=http://beasiswa.edu-articles.com/__media__/js/netsoltrademark.php?d=stromectol.science]ivermectin lice[/url] ivermectin cream canada cost and [url=http://sc686.net/home.php?mod=space&uid=2082114]ivermectin 0.2mg[/url] minocycline coupon
ivermectin for humans buy ivermectin nz or ivermectin human
http://rileedattorney.com/__media__/js/netsoltrademark.php?d=stromectolst.com ivermectin where to buy for humans
[url=http://www.google.bj/url?q=https://stromectolst.com]ivermectin 200mg[/url] ivermectin 1 cream 45gm and [url=https://www.weiyangvip.com/home.php?mod=space&uid=48134]can you buy stromectol over the counter[/url] ivermectin gel
Definitive journal of drugs and therapeutics. Read information now.
[url=https://stromectolst.com/#]ivermectin for sale[/url]
Get warning information here. Long-Term Effects.
Your article helped me a lot, thanks for the information. I also like your blog theme, can you tell me how you did it?
Read here. Top 100 Searched Drugs.
https://levaquin.science/# how can i get generic levaquin no prescription
What side effects can this medication cause? Drugs information sheet.