Angel Broking Vs iTradeOnline (Compare Angel Broking and iTradeOnline)

Angel Broking Vs iTradeOnline

Incorporated in 1987, Angel Broking is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 900 branches across India. Incorporated in , iTradeOnline is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India.

	Angel Broking	iTradeOnline
Type of Broker	Full Service Broker	Discount Broker
Exchnage Membership	BSE, NSE, MCX, NCDEX	BSE, NSE, MCX
Year of Incorporation	1987
Number of Branches	900
	Open Angel Broking Account	Enquire iTradeOnline

Angel Broking Vs iTradeOnline Charges & AMC

Angel Broking trading account opening charges is Rs 0 (Free) while iTradeOnline account opening changes is Rs 0 (Free). Angel Broking Demat Account AMC Charges is Rs 240 and iTradeOnline Demat Account AMC Charges is Regular Demat: Rs 300, Lifetime free AMC Demat: Rs 0.

	Angel Broking	iTradeOnline
Trading Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Trading Account AMC Charges	Rs 0 (Free)	Rs 0 (Free)
Demat Account Opening Charges	Rs 0 (Free)	Regular: Rs 0, Lifetime Free AMC: Rs 1000
Demat Account AMC Charges	Rs 240	Regular Demat: Rs 300, Lifetime free AMC Demat: Rs 0

Angel Broking Vs iTradeOnline Brokerage

Angel Broking brokerage charges for equity is Rs 0 (Free) and intraday is Flat Rs 20 per executed order whereas iTradeOnline brokerage charges for equity is Rs 20 per executed order or .01% whichever is lower and intraday is Rs 20 per executed order or .01% whichever is lower.

	Angel Broking	iTradeOnline
Account Type	Angel iTrade PRIME	Pay Per Trade
Fixed Charges		Rs 0
Equity Delivery	Rs 0 (Free)	Rs 20 per executed order or .01% whichever is lower
Equity Intraday	Flat Rs 20 per executed order	Rs 20 per executed order or .01% whichever is lower
Equity Futures	Flat Rs 20 per executed order	Rs 20 per executed order or .01% whichever is lower
Equity Options	Flat Rs 20 per executed order	Rs 20 per executed order or .01% whichever is lower
Currency Futures	Flat Rs 20 per executed order	Rs 20 per executed order or .01% whichever is lower
Currency Options	Flat Rs 20 per executed order	Rs 20 per executed order or .01% whichever is lower
Commodity Futures	Flat Rs 20 per executed order	Rs 20 per executed order or .01% whichever is lower
Commodity Options	Flat Rs 20 per executed order
Special Offer	Special Offer: Brokerage free equity delivery trades, free tips and flat Rs 20 intraday and F&O trade brokerage. Open Instant Account and start trading today.	Special Offer: Get 50% discount (Rs 500 Off) on Lifetime FREE AMC Demat Account fee. Request a Callback

Angel Broking Charges Vs iTradeOnline

Minimum Brokerage	Equity Rs 20 | F&O Rs 30	Rs 0 (No Minimum Brokerage)
Other Charges		Physical contact notes: Rs 20
Call & Trade Charges	Additional Rs 20 per executed order	Rs 0 (Free)

Angel Broking Vs iTradeOnline Transaction Charges

Angel Broking transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 300 per Cr (0.003%) (on premium) while iTradeOnline exchange transaction charges for options is NSE Rs 5000 per crore (0.05%).

	Angel Broking	iTradeOnline
Equity Delivery	NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)	NSE Rs 325 per crore | BSE Rs 1.5/trade (each side)
Equity Intraday	NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)	NSE Rs 325 per crore | BSE Rs 1.5/trade (each side)
Equity Futures	NSE Rs 190 per Cr (0.0019%) | BSE Rs 300 per Cr (0.003%) (each side)	NSE Rs 190 per crore (0.0019%)
Equity Options	NSE Rs 5000 per Cr (0.05%) | BSE Rs 300 per Cr (0.003%) (on premium)	NSE Rs 5000 per crore (0.05%)
Currency Futures	Rs 190 per Cr (0.0019%)	NSE Rs 90/cr (0.0009%) | BSE Rs 18/cr (0.00018%)
Currency Options	NSE Rs 5000 per Cr (0.05%)(on premium)	NSE Rs 4000 (on premium) per cr (0.04%) | BSE Rs 1500
Commodity	MCX Rs 150 per Cr (0.0015%) | NCDEX Rs 300 per Cr (0.003%)	MCX Rs 260/Cr (0.0026%) | NCDEX Rs 600/cr (0.006%)
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Angel Broking Vs iTradeOnline Leverage (Margin)

Angel Broking margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the iTradeOnline margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

	Angel Broking	iTradeOnline
Equity Delivery	1x (no margin)	1x (no margin)
Equity Intraday	Up to 6x (based on the stock)	Up to 6x (based on the stock)
Equity F&O	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
	Open Angel Broking Account	Enquire iTradeOnline

Compare Angel Broking and iTradeOnline Features

The trading platforms offered Angel Broking include Angel Broking App (Mobile), Angel Eye (Website), Angel Speedpro (Trading Terminal). iTradeOnline offers Omnesys NEST is used as back-end. Front-end is built in-house by Trustline. trading software.

	Angel Broking	iTradeOnline
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	Angel Broking App (Mobile), Angel Eye (Website), Angel Speedpro (Trading Terminal)	Omnesys NEST is used as back-end. Front-end is built in-house by Trustline.
Intraday Square-off Time	3:15 PM	Equity: 3:15 PM, Commodity: 11:15 PM
Other Features	Daily, weekly and monthly reports of Equity, F&O, Commodities and Currency
Referral Program
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Angel Broking Vs iTradeOnline Review

Angel Broking is rated 2.7 of 5 based on 239 customer reviews whereas iTradeOnline is rated 4.0 of 5 based on 7 customer reviews.

	Angel Broking	iTradeOnline
	239 Customer Reviews	7 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Angel Broking is rated 2.7 of 5 based on 239 customer reviews	iTradeOnline is rated 4.0 of 5 based on 7 customer reviews

Angel Broking Vs iTradeOnline Investment Options

	Angel Broking	iTradeOnline
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options		Insurance, Wealth Management

Angel Broking Vs iTradeOnline Order Type Offered

	Angel Broking	iTradeOnline
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
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Angel Broking Vs iTradeOnline Research Report

	Angel Broking	iTradeOnline
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Angel Broking Vs iTradeOnline Suitable For Investor Type

	Angel Broking	iTradeOnline
Casual Investor
Active Investor
Trader

Angel Broking Vs iTradeOnline - Pros and Cons

	Angel Broking	iTradeOnline
Pros	Free equity delivery trades. No brokerage charges for Cash-N-Carry orders. Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX). Pay flat Rs 20 per executed order across segments including Equity Intraday, F&O, Currency and Commodity. Allows trade in commodity exchanges, MCX and NCDEX Easy-to-use online trading platforms High Quality Research Reports Free trading software - mobile, website and trading terminal.	Paperless account opening is available with eKYC and Aadhar integration All trading softwares including trading terminal are available for free. Uses trading platform of Omnesys which is industry leading trading software provider. Margin Against Share is available Research based fundamental and technical analysis available to all the customers. Short selling is available in NSE Cash segment only. After Hours Orders and Good Till Cancelled (GTC) orders are available. SMS Trade Alerts are available for free to all customers. Call & Trade is free for all customers.
Cons		Separate account needed for Mutual Funds investment. For iTradeOnline customers, the customer service is not available through 400+ Trustline branches. Doesn't offer bracket orders. Online IPO, NCD, Corporate Bond investment is not available. Trading API's are now available. Opening demat account along with the trading account is mandatory. No extra charge for intraday or expiry positions closed by the broker.
Reviews
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.	Lifetime FREE AMC Demat Account - 50% Off Get 50% off onetime fee of Lifetime Zero AMC Demat Account. Save Rs 500 on account opening. This is a limited time offer. Simply leave your contact information with us and iTradeOnline representatives will contact you.
	Open Angel Broking Account	Enquire iTradeOnline