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Angel Broking Vs Karvy Share Broker Comparison

The side-by-side comparison of Angel Broking Ltd and Karvy Stock Broking Ltd stock brokers in India. The comparison below highlights the similarities and differences between Angel Broking and Karvy's brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among Angel Broking and Karvy.

  Angel Broking Ltd Karvy Stock Broking Ltd
 
Angel Broking Ltd Logo Karvy Stock Broking Ltd Logo
About the Broker Incorporated in 1987, Angel Broking is one of the largest full-service retail brokers in India. The company offers a wide range of investment and trading services including stock and commodity broking, investment advisory services, margin funding, lo... Know more about Angel Broking Ltd Incorporated in 1990, Karvy Stock Broking Ltd (KSBL) is part of KARVY Group; one of India's leading financial services company provides stock broking and research advisory services. They offer Customized investment solutions to corporate, institut... Know more about Karvy Stock Broking Ltd
Type of Broker Full Service Broker Full Service Broker
Supported Exchnage BSE, NSE, MCX, NCDEX BSE, NSE, MCX
Account Type Angel iTrade Retail Brokerage Plan
Broker Enquiry Open an Online Trading Account with Angel Broking. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Karvy. Leave your contact info and we will get in touch with you.
Year of Incorporation
Number of Branches
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Stock Broker Fees / Charges

  Angel Broking Ltd Karvy Stock Broking Ltd
Trading Account Opening Fees ₹600 ₹420
Trading Account AMC ₹0 ₹0
Demat Account Opening Fees ₹0 ₹0
Demat Account AMC ₹450 (from 2nd year onwards) ₹420
Demat Account is Mandatory? No No
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Trading Brokerage Charges

Brokerage Plan 1

  Angel Broking Ltd Karvy Stock Broking Ltd
Account Type Angel iTrade Retail Brokerage Plan
Fixed Charges
Equity Delivery Brokerage ₹15/trade (<₹50k order) | ₹30/trade (>₹50k order) 0.3%
Equity Intraday Brokerage ₹15/trade (<₹50k order) | ₹30/trade (>₹50k order) 0.03%
Equity Futures Brokerage Flat ₹30 per executed order 0.03%
Equity Options Brokerage Flat ₹30 per executed order ₹30 per lot
Currency Futures Trading Brokerage Flat ₹30 per executed order 0.03%
Currency Options Trading Brokerage Flat ₹30 per executed order ₹30 per lot
Commodity Futures Trading Brokerage Flat ₹30 per executed order 0.03%
Commodity Options Trading Brokerage Flat ₹30 per executed order

Brokerage Plan 2

  Angel Broking Ltd Karvy Stock Broking Ltd
Account Type Angel iTrade Premium Subscription Plan
Fixed Charges Rs 100000 per year
Equity Delivery Brokerage ₹15/trade (<₹50k order) | ₹30/trade (>₹50k order) 0.1%
Equity Intraday Brokerage ₹15/trade (<₹50k order) | ₹30/trade (>₹50k order) 0.01%
Equity Futures Brokerage Flat ₹30 per executed order 0.01%
Equity Options Brokerage Flat ₹30 per executed order ₹10 per lot
Currency Futures Trading Brokerage Flat ₹30 per executed order 0.01%
Currency Options Trading Brokerage Flat ₹30 per executed order ₹10 per lot
Commodity Futures Trading Brokerage Flat ₹30 per executed order 0.01%
Commodity Options Trading Brokerage Flat ₹30 per executed order

Other Charges

Minimum Brokerage Charges Equity ₹15 | F&O ₹30 Delivery 1% or 10p per scrip | Intra-day 0.50% or 5p per scrip whichever is higher
Other Brokerage Charges
Call & Trade Charges Additional ₹20 per executed order
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Taxes

  Angel Broking Ltd Karvy Stock Broking Ltd
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)
  • Currency Futures: Nil
  • Currency Options: Nil
  • Commodities: 0.01% on sell side (Non-Agri)
  • 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)
  • Currency Futures: Nil
  • Currency Options: Nil
  • Commodities: 0.01% on sell side (Non-Agri)
Exchange Transaction Charges Check table below Check table below
SEBI Charges Rs 15 per Crore Rs 15 per Crore
Goods and Services Tax (GST) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty Charged as per the state of the client's correspondence address. Charged as per the state of the client's correspondence address.
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Transaction Charges

  Angel Broking Ltd Karvy Stock Broking Ltd
Equity Delivery NSE ₹325 per crore | BSE ₹325 per crore ₹325
Equity Intraday NSE ₹325 per crore | BSE ₹325 per crore ₹325
Equity Futures ₹190 per crore ₹230
Equity Options ₹5000 (on premium) per crore ₹5500
Currency Futures ₹190 per crore ₹325
Currency Options ₹5000 (on premium) per crore
Commodity MCX ₹150 per crore | NCDEX ₹300 per crore ₹300
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Exposure

  Angel Broking Ltd Karvy Stock Broking Ltd
Equity Delivery Upto 3x with 24% interest per year Upto 5x with 24% interest per year
Equity Intraday Upto 10x Upto 20x
Equity Futures Upto 4x Upto 4x
Equity Options 3x for shorting Upto 4x for shorting
Currency Futures Upto 2x Nil
Currency Options Upto 5x for shorting Nil
Commodity 3x Upto 4x
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Share Broker Features

  Angel Broking Ltd Karvy Stock Broking Ltd
3 in 1 Account No No
Charting Yes Yes
Automated Trading No Yes
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform Angel Broking App (Mobile), Angel Eye (Website), Angel Speedpro (Trading Terminal) NEST, Karvy Web, Trade Mobile
Intraday Square-off Time 3:15 PM 3:15
Other Features Daily, weekly and monthly reports of Equity, F&O, Commodities and Currency Ask the expert, The Finapolis
Referral Program
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Broker Ratings (Average User Rating)

  Angel Broking Ltd Karvy Stock Broking Ltd
  173 Customer Reviews    Rate Angel Broking 21 Customer Reviews    Rate Karvy
Fees Ratings 3.1 2.7
Trading Brokerage Rating 3.1 2.4
Trading Platform Usability 3.2 2.8
Customer Service Ratings 2.8 2.4
Overall Ratings Rated 2.9 stars Rated 2.1 stars
Broker Rating Angel Broking is Rated 2.9 / 5 based on 173 customer reviews Karvy is Rated 2.1 / 5 based on 21 customer reviews
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Contact Broker / Request A Call Back

  Angel Broking Ltd Karvy Stock Broking Ltd
Contact / Request Call Back
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Investment Options Available

  Angel Broking Ltd Karvy Stock Broking Ltd
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options
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Customer Service Offered

  Angel Broking Ltd Karvy Stock Broking Ltd
24/7 Customer Service No No
Onine Live Chat No Yes
Through Branches Yes Yes
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Order Type

  Angel Broking Ltd Karvy Stock Broking Ltd
Bracket Order No No
Cover Order Yes No
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO) No No
Good Till Cancelled (GTC) Yes
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Research / Tips / Reports Published

  Angel Broking Ltd Karvy Stock Broking Ltd
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes
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Suitable for Investor Category

  Angel Broking Ltd Karvy Stock Broking Ltd
Casual Investor Yes
Active Investor Yes
Trader Yes

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Pros, Cons and Other Review Comments

  Angel Broking Ltd Karvy Stock Broking Ltd
Pros
  1. Flat fee discount brokerage plan. Pay maximum of ₹30 per executed order.
  2. Allows trade in commodity exchanges, MCX and NCDEX
  3. Easy-to-use online trading platforms
  4. High Quality Research Reports
  5. Free trading software - mobile, website and trading terminal.

More Advantages...

  1. Offers investment in IPO and Mutual funds
  2. Free research reports
  3. Offers classroom sessions, webinars, Online Tutorials and Articles by Experts

More Advantages...

Cons

More Disadvantages...

  1. Doesn't offer 3 in 1 account
  2. Brokerage rates are negotiable
  3. Higher brokerage compare to discount brokers

More Disadvantages...

Reviews
Promo / Offers

Discount Brokerage Trading Plan (Flat Rate Pricing)

Get full-service brokerage services with discount broker's pricing. Pay flat ₹15 to ₹30 per executed order and save over 60% brokerage (in comparison to other full-service brokers). Get high-quality research reports and personalized services for free. Request a callback today.

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