Chittorgarh.com Logo
Loading...

Angel Broking Vs SBI Securities NRI Account Comparison

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

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

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

Expand

Angel Broking Vs SBI Securities

  Angel Broking SBI Securities
 
  Angel Broking Ltd Logo SBICAP 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 State Bank of India (SBI) offers a range of trading and investment services to NRIs through an NRI 3 in 1 account. The account helps NRIs to trade and invest in Equity, Derivatives, Mutual Funds, Depository services, and a variety of Third Party Dist... Know more about SBICAP Securities Ltd
Account Type Angel iTrade PRIME NRI Account
Open Angel Broking AccountEnquire SBI Securities

Expand

Angel Broking Vs SBI Securities Charges

  Angel Broking SBI Securities
NRI Account Opening Fees ₹0 ₹2500
NRI Account AMC ₹0 ₹0
NRI Demat Account Opening Fees Rs 0 (Free) Rs 0
NRI Demat Account AMC Rs 240 Rs 350
PIS Account AMC NA ₹900
RBI approval for PIS (One time) ₹500 + GST ₹500 + GST
Open Angel Broking AccountEnquire SBI Securities

Expand

Angel Broking Vs SBI Securities NRI Account Brokerage Comparison

Account Type Angel Broking Angel iTrade PRIME SBI Securities NRI Account
Equity Delivery 0.75%
Equity Futures
Equity Options
Open Angel Broking AccountEnquire SBI Securities

Other Charges

Contract Note Reporting Charges NA ₹0
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%
Expand

Angel Broking Vs SBI Securities NRI Account Taxes/Fees

  Angel Broking SBI 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.

Expand

Angel Broking Vs SBI Securities NRI Account Margin

  Angel Broking Margin SBI 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.


Expand

Angel Broking and SBI Securities NRI Account Features

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

Expand

Angel Broking Vs SBI Securities NRI Account Review

  Angel Broking Review SBI Securities Review
  251 Customer Reviews    Rate Angel Broking 147 Customer Reviews    Rate SBI Securities
Fees 3.0 3.2
Brokerage 3.0 2.7
Trading Platform 3.1 2.6
Customer Service 2.6 2.8
Overall Rating Rated 2.7 stars Rated 2.6 stars
Broker Rating Angel Broking is Rated 2.7 / 5 based on 251 customer reviews SBI Securities is Rated 2.6 / 5 based on 147 customer reviews
Open Angel Broking AccountEnquire SBI Securities

Expand

Contact Broker / Request A Call Back

  Angel Broking Enquire SBI 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. Leave your contact information and we will get in touch with you....
*

Angel Broking Vs SBI Securities NRI Investment Options

  Angel Broking SBI Securities
Stocks Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds No Yes
Other Investment Options Derivatives, FD

Expand

Angel Broking Vs SBI Securities NRI Customer Service

  Angel Broking SBI Securities
Customer Care Number 022-33551111/022-42185454 +91 22 6153 6900
Customer Care Email support@angelbroking.com nri@sbicapsec.com
Open Angel Broking AccountEnquire SBI Securities

Expand

Angel Broking Vs SBI Securities Order Type Offered for NRI Account

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

Expand

Angel Broking Vs SBI Securities - NRI Account Advantages and Disadvantages

  Angel Broking SBI 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.
  1. The largest bank in India with the highest number of branches.
  2. Offer 3 in 1 account for convenient online trading
  3. Free expert recommendations on trading & investments
  4. Assistance from Relationship Managers
  5. SBI securities NRI opening fees are lowest among full-service brokers.
  6. Mutual fund services are available to NRIs who don't have a trading account.
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.
  1. Only Equity-based mutual funds are available for online investment. For other types of Mutual Funds, NRIs can only apply using a physical form.
  2. The brokerage rates are higher when compared with discount brokers like Zerodha and Prostocks.
  3. Doesn't offer Good-till canceled (GTC) order.
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.

SBI has one of the largest branch networks among Indian banks in the world. This helps NRIs in availing in-person services on their country or city of residence. The brokerage rates charged by the company are competitive among full-service brokers. The 3-in-1 account, online trading, free research and advisory, Mutual Fund, FD and IPO investment make them attractive to most 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.

Open Angel Broking AccountEnquire SBI Securities

Comments

Add a public comment...

Compare Angel Broking Compare SBI Securities
Compare More Brokers: