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Angel Broking Vs IIFL Securities NRI Account Comparison

The side-by-side comparison of Angel Broking and IIFL Securities NRI Account. Compare Angel Broking Vs IIFL Securities NRI Account brokerage charges, exposure margin, demat account and AMC. Read IIFL Securities and Angel Broking NRI Account reviews.

Find out Angel Broking Vs IIFL Securities which is better NRI Trading Account. See Angel Broking Vs IIFL Securities which is best NRI Demat Account.

Our Angel Broking Ltd comparison with IIFL Securities Ltd highlights the major differences between two brokers. Find the best between Angel Broking and IIFL Securities NRI Account.

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Angel Broking Vs IIFL Securities

  Angel Broking IIFL Securities
 
  Angel Broking Ltd Logo IIFL Securities Ltd Logo
About the Broker Angel Broking, a leading full-service stock broker in India, offers online trading to both resident and non-resident Indians (NRIs). Angel Broking offers 2-in-1 accounts to NRIs combining a trading and a demat account linked to each other. NRIs can u... Know more about Angel Broking Ltd IIFL Securities is a full-service broker offering online trading services to NRIs. It offers 2-in-1 accounts, combining demat and trading accounts, to NRIs. The 2-in-1 account enables trading across stocks, equity derivatives and investments in Mutua... Know more about IIFL Securities Ltd
Account Type Angel iTrade PRIME NRI Account
Open Angel Broking AccountOpen IIFL Securities Account

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Angel Broking Vs IIFL Securities Charges

  Angel Broking IIFL Securities
NRI Account Opening Fees ₹0 ₹750
NRI Account AMC ₹0 ₹400 + GST
NRI Demat Account Opening Fees Rs 0 (Free) Rs 0
NRI Demat Account AMC Rs 240 Rs 250 (Free for 1st year)
PIS Account AMC NA NA
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
Open Angel Broking AccountOpen IIFL Securities Account

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Angel Broking Vs IIFL Securities NRI Account Brokerage Comparison

Account Type Angel Broking Angel iTrade PRIME IIFL Securities NRI Account
Equity Delivery 0.50%
Equity Futures
Equity Options
Open Angel Broking AccountOpen IIFL Securities Account

Other Charges

Contract Note Reporting Charges NA NA
Other Brokerage Charges
TDS Charges on Long Term Gain (Holding > 365 Days) 11.96% 11.96%
TDS Charges on Short Term Gain (Holding <= 365 Days) 17.94% 17.94%
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Angel Broking Vs IIFL Securities NRI Account Taxes/Fees

  Angel Broking IIFL Securities
Securities Transaction Tax (STT)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
Exchange Transaction Charges Check Exchange Transaction Fee
SEBI Charges 0.00005% (₹5/Crore) 0.00005% (₹5/Crore)
Goods and Services Tax (GST) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty 0.01% on delivery based turnover and 0.002% on non-delivery based turnover. 0.01% on delivery based turnover and 0.002% on non-delivery based turnover.

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Angel Broking Vs IIFL Securities NRI Account Margin

  Angel Broking Margin IIFL Securities Margin
Equity Delivery 1x 1x
Equity Futures 1x 1x
Equity Options 1x 1x

1x margin means Full SPAN + Exposure margins defined by the exchange across Equity and Derivatives (Equity F&O, currency and commodity) segments. This means the broker does not offer any additional leverage.


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Angel Broking and IIFL Securities NRI Account Features

  Angel Broking IIFL Securities
3-in-1 Account No No
Automated Trading No No
Free Research And Tips Yes Yes
Other Features
Open Angel Broking AccountOpen IIFL Securities Account

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Angel Broking Vs IIFL Securities NRI Account Review

  Angel Broking Review IIFL Securities Review
  251 Customer Reviews    Rate Angel Broking 120 Customer Reviews    Rate IIFL Securities
Fees 3.0 2.8
Brokerage 3.0 2.6
Trading Platform 3.1 3.2
Customer Service 2.6 2.7
Overall Rating Rated 2.7 stars Rated 2.7 stars
Broker Rating Angel Broking is Rated 2.7 / 5 based on 251 customer reviews IIFL Securities is Rated 2.7 / 5 based on 120 customer reviews
Open Angel Broking AccountOpen IIFL Securities Account

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Contact Broker / Request A Call Back

  Angel Broking Enquire IIFL Securities Enquire
Contact Broker Brokerage free equity delivery trades, free tips and flat Rs 20 intraday and F&O trade brokerage. Open Instant Account and start trading today. Invest brokerage-free Equity Delivery (truly no brokerage) + Pay flat Rs 20 per trade for Intra-day and F&O + FREE Account Opening Fee. Open FREE Instant Account online with IIFL and start trading today.
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Angel Broking Vs IIFL Securities NRI Investment Options

  Angel Broking IIFL Securities
Stocks Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds No Yes
Other Investment Options

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Angel Broking Vs IIFL Securities NRI Customer Service

  Angel Broking IIFL Securities
Customer Care Number 022-33551111/022-42185454 +91 22 4007 1000
Customer Care Email support@angelbroking.com cs@iifl.com
Open Angel Broking AccountOpen IIFL Securities Account

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Angel Broking Vs IIFL Securities Order Type Offered for NRI Account

  Angel Broking IIFL Securities
Bracket Order No
Cover Order No
After Market Order(AMO) Yes
Good Till Cancelled (GTC) No

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Angel Broking Vs IIFL Securities - NRI Account Advantages and Disadvantages

  Angel Broking IIFL Securities
Pros
  1. The flat-fee stock broker offers trading at a low brokerage charge.
  2. Offers access to good trading software and tools.
  3. Offer solid research advisory services.
  • Full-service broker with a dedicated relationship manager, research reports and a wide range of products & services.
  • Online account opening process for NRIs.
  • Convenient Mutual Fund investment through a mobile app or website.
  • Part of IIFL Group, a financial services conglomerate.
Cons
  1. Doesn't offer 3-in-1 accounts. Only offer 2-in-1 account combining trading and demat accounts. So, NRIs to first transfer funds from their PIS account to Angel Broking trading account before trading.
  2. Doesn't offer Mutual Funds to NRI customers.
  • Charges high brokerage as compared to discount brokers such as Zerodha and ProStocks.
  • Doesn't offer an NRI 3-in-1 account. NRIs have to open an NRI bank account and custodian account on their own.
Conclusion

Angel Broking comes across as a decent choice for NRIs looking to trade in Indian stock markets. The company offers best-in-the-industry research services and trading recommendations to NRIs. It doesn't offer mutual fund investment services to NRIs. However, it charges a low flat-fee brokerage which makes it an attractive stock broker for NRIs.

IIFL is a reputed full-service broker. It offers NRI Trading & Demat account facility for NRIs. IIFL also offers an online mutual fund platform to NRIs. IIFL Securities has a dedicated research team that provides insights on the economy and markets to its customers. The company has its offices in multiple locations across the globe that allows NRIs to avail branch services. The brokerage charges are on the higher side which makes it an expensive broker for NRIs.

Promo / Offers

Discount Brokerage Plan (Flat Rate Pricing)

Get a full-service trading account with discount broker pricing. Pay Rs 0 brokerage for equity delivery and flat Rs 20 brokerage for Intraday and F&O trades. Get high-quality research reports and personalized services for free. Open Instant Account and start trading in just a few minutes.

Free Equity Delivery Trading + Free Account Opening

  • Brokerage-free Equity Delivery and flat Rs 20 per trade for Intraday and F&O +
  • Trade with the best rated mobile trading app.

This is a limited-time offer. Open FREE Instant IIFL Account online and start trading today.

Open Angel Broking AccountOpen IIFL Securities Account

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