Sharekhan Vs Angel Broking (Compare Sharekhan and Angel Broking)

Sharekhan Vs Angel Broking

Incorporated in 2000, Sharekhan is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 2800 branches across India. Incorporated in 1987, Angel Broking is a Full Service Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 900 branches across India.

	Sharekhan	Angel Broking
Type of Broker	Full Service Broker	Full Service Broker
Supported Exchnages	BSE, NSE, MCX	BSE, NSE, MCX, NCDEX
Account Type	Classic Account	Angel iTrade PRIME
Year of Incorporation	2000	1987
Number of Branches	2800	900
Broker Enquiry
	Enquire Sharekhan	Enquire Angel Broking

Sharekhan Vs Angel Broking Charges & AMC

Sharekhan trading account opening charges is Rs 0 (Free) while Angel Broking account opening changes is Rs 0 (Free). Sharekhan Demat Account AMC Charges is Rs 400 (Free for 1st year) and Angel Broking Demat Account AMC Charges is Rs 450 (from 2nd year).

	Sharekhan	Angel Broking
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)	Rs 0 (Free)
Demat Account AMC Charges	Rs 400 (Free for 1st year)	Rs 450 (from 2nd year)

Sharekhan Vs Angel Broking Brokerage

Sharekhan brokerage charges for equity is 0.50% and intraday is 0.10% whereas Angel Broking brokerage charges for equity is Rs 0 (Free) and intraday is Flat Rs 20 per executed order.

	Sharekhan	Angel Broking
Account Type	Classic Account	Angel iTrade PRIME
Fixed Charges
Equity Delivery Brokerage	0.50%	Rs 0 (Free)
Equity Intraday Brokerage	0.10%	Flat Rs 20 per executed order
Equity Futures Brokerage	0.10%	Flat Rs 20 per executed order
Equity Options Brokerage	Rs 50 per lot	Flat Rs 20 per executed order
Currency Futures Trading Brokerage	0.10%	Flat Rs 20 per executed order
Currency Options Trading Brokerage	Rs 30 per lot	Flat Rs 20 per executed order
Commodity Futures Trading Brokerage	0.03%	Flat Rs 20 per executed order
Commodity Options Trading Brokerage	0.03%	Flat Rs 20 per executed order
Special Offer	Special Offer: Get Free Trading + Demat Account (Rs 1150 waived on account opening) for limited time. Request a Callback.	Special Offer: Free equity delivery trading (truly no brokerage) and Flat Rs 20 Intraday and F&O trade brokerage. Get the offer

Sharekhan Vs Angel Broking Brokerage Plan 2

	Sharekhan	Angel Broking
Account Type	Prepaid - ₹1 Lakh	Angel iTrade PRIME
Fixed Charges	Rs 1,00,000 per year
Equity Delivery Brokerage	0.10%	Rs 0 (Free)
Equity Intraday Brokerage	0.015%	Flat Rs 20 per executed order
Equity Futures Brokerage	0.015%	Flat Rs 20 per executed order
Equity Options Brokerage	0.05% or Rs 63 per lot	Flat Rs 20 per executed order
Currency Futures Trading Brokerage		Flat Rs 20 per executed order
Currency Options Trading Brokerage		Flat Rs 20 per executed order
Commodity Futures Trading Brokerage		Flat Rs 20 per executed order
Commodity Options Trading Brokerage		Flat Rs 20 per executed order
	Enquire Sharekhan	Enquire Angel Broking

Sharekhan Vs Angel Broking Brokerage Plan 3

	Sharekhan	Angel Broking
Account Type	Margin - ₹1 Lakh	Angel iTrade PRIME
Fixed Charges	Rs 1,00,000 margin
Equity Delivery Brokerage	0.25%	Rs 0 (Free)
Equity Intraday Brokerage	0.05%	Flat Rs 20 per executed order
Equity Futures Brokerage	0.05%	Flat Rs 20 per executed order
Equity Options Brokerage	1% or Rs 70 per lot	Flat Rs 20 per executed order
Currency Futures Trading Brokerage		Flat Rs 20 per executed order
Currency Options Trading Brokerage		Flat Rs 20 per executed order
Commodity Futures Trading Brokerage		Flat Rs 20 per executed order
Commodity Options Trading Brokerage		Flat Rs 20 per executed order
	Enquire Sharekhan	Enquire Angel Broking

Sharekhan Charges Vs Angel Broking

Minimum Brokerage Charges	Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future Rs 0.001 per share	Equity Rs 20 | F&O Rs 30
Other Brokerage Charges
Call & Trade Charges	Rs 20	Additional Rs 20 per executed order

Sharekhan Vs Angel Broking Transaction Charges

Sharekhan transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 50 per Cr (0.0005%) (on premium) while Angel Broking exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 300 per Cr (0.003%) (on premium).

	Sharekhan	Angel Broking
Equity Delivery	NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side)	NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Intraday	NSE Rs 325 per Cr (0.00325%) | BSE Rs 275 per Cr (0.00275%) (each side)	NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Futures	NSE Rs 190 per Cr (0.0019%) | BSE Rs 50 per Cr (0.00035) (each side)	NSE Rs 190 per Cr (0.0019%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Options	NSE Rs 5000 per Cr (0.05%) | BSE Rs 50 per Cr (0.0005%) (on premium)	NSE Rs 5000 per Cr (0.05%) | BSE Rs 300 per Cr (0.003%) (on premium)
Currency Futures	NSE Rs 135 per Cr (0.00135%) | MCX Rs 130 per Cr (0.00130%)	Rs 190 per Cr (0.0019%)
Currency Options	NSE Rs 4220 per Cr (0.04220%) | MCX Rs 3220 per Cr (0.03220%) (on premium)	NSE Rs 5000 per Cr (0.05%)(on premium)
Commodity	MCX (Non-Agri) Rs 230 per Cr (0.0023%) | MCX (Agri) Rs 95 per Cr (0.00095%)	MCX Rs 150 per Cr (0.0015%) | NCDEX Rs 300 per Cr (0.003%)
	Enquire Sharekhan	Enquire Angel Broking

Sharekhan Vs Angel Broking Leverage (Margin)

Sharekhan provides the margin of Upto 10x for intraday trades whereas the Angel Broking margin for intraday cash is Upto 10x.

	Sharekhan	Angel Broking
Equity Delivery	Upto 5x with 24% interest per year	Upto 3x with 24% interest per year
Equity Intraday	Upto 10x	Upto 10x
Equity Futures	2x for Intraday	Upto 4x
Equity Options	Nil	3x for shorting
Currency Futures	Nil	Upto 2x
Currency Options	Nil	Upto 5x for shorting
Commodity Futures	Upto 2x for Intraday	3x
Commodity Options
	Enquire Sharekhan	Enquire Angel Broking

Compare Sharekhan and Angel Broking Features

The trading platforms offered Sharekhan include TradeTiger, Sharekhan Mobile. Angel Broking offers Angel Broking App (Mobile), Angel Eye (Website), Angel Speedpro (Trading Terminal) trading software.

	Sharekhan	Angel Broking
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	TradeTiger, Sharekhan Mobile	Angel Broking App (Mobile), Angel Eye (Website), Angel Speedpro (Trading Terminal)
Intraday Square-off Time	3:30 PM	3:15 PM
Other Features	Pattern finder, Class room training	Daily, weekly and monthly reports of Equity, F&O, Commodities and Currency
Referral Program
	Enquire Sharekhan	Enquire Angel Broking

Sharekhan Vs Angel Broking Review

Sharekhan is rated 3.3 of 5 based on 296 customer reviews whereas Angel Broking is rated 2.7 of 5 based on 224 customer reviews.

	Sharekhan	Angel Broking
	296 Customer Reviews	224 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Sharekhan is rated 3.3 of 5 based on 296 customer reviews	Angel Broking is rated 2.7 of 5 based on 224 customer reviews

Sharekhan Vs Angel Broking Investment Options

	Sharekhan	Angel Broking
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Loans, NRI Trading

Sharekhan Vs Angel Broking Order Type Offered

	Sharekhan	Angel Broking
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
	Enquire Sharekhan	Enquire Angel Broking

Sharekhan Vs Angel Broking Research Report

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

Sharekhan Vs Angel Broking Suitable For Investor Type

	Sharekhan	Angel Broking
Casual Investor
Active Investor
Trader

Sharekhan Vs Angel Broking - Pros and Cons

	Sharekhan	Angel Broking
Pros	It has a strong network of over 1950 branches across India. The fund transfer from and to the trading account is free. The share transfer from and to the DP account is free when trading from Sharekhan trading account. The 'TradeTiger' is the most popular trading terminal in India. Brokerage Plan "Prepaid AMC schemes" are available for high volume traders. Stock SIP is available. Loan against shares, margin funding, ipo financing and ESOP funding is available.	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.
Cons	Sharekhan doesn't offer 3-in-1 account as it doesn't offer banking services. Sharekhan brokerage is high in comparison to the discount brokers. Sharekhan charges Rs 400 as AMC for trading account in addition to Rs 400 for demat account.
Reviews
Promo / Offers	Free Trading & Demat Account (for limited time only) Get FREE Trading + Demat Account (Rs 1150 waived). You can also avail of attractive trading plans that suit your needs by just paying the AMC charges that are fully adjustable against brokerage. Thereby saving up to 70% on brokerage. This is a limited time offer. Simply leave your contact information with us and Sharekhan representatives will contact you.	Discount Brokerage Trading Plan (Flat Rate Pricing) Get full-service brokerage plan with discount broker pricing. Brokerage free equity delivery trading (truly no brokerage) and pay flat Rs 20 brokerage for Intraday and F&O trades. Get high-quality research reports and personalized services for free. To open an account with Zerodha, simply leave your contact information with us and Angel Broking representatives will call you.
	Enquire Sharekhan	Enquire Angel Broking

1. 1. Compare Angel Broking and Sharekhan?

   Angel Broking and Sharekhan both are full-service stock brokers that offer similar services. Both have 25+ years of experience.

   Both Angel Broking and Sharekhan entered in to discount brokerage business for an online customer in the year 2020. Angel Broking is offering this service under the same brand. Sharekhan launched this service under a new brand name 'Espresso'.

   Angel Broking vs Sharekhan Difference

   • Angel Broking charges fixed, flat fee brokerage in iTradePrime plan whereas Sharekhan charges traditional percentage-based brokerage.
   • Angel Broking's trading account opening fees (Rs 600) and demat AMC (Rs 450) is higher than Sharekhan that offers free account opening and Rs 400 as demat AMC.
   • Angel Broking offers the limited choice to its customers in trading platforms & tools whereas Sharekhan offers a wider range of trading platforms.
   • Angel Broking has a much bigger network of branches and franchisee offices than Sharekhan.
   • Sharekhan has much better education awareness platforms than Angel Broking.

   Angel Broking vs Sharekhan Similarities

   • Trading in NSE, BSE and MCX.
   • Both offer similar discount brokerage plans.
   • Access to research reports and stock recommendations.
   • Avail services through branch visits.
   • Get trading assistance through relationship managers or dealers.

   Conclusion

   Angel Broking is a better choice than Sharekhan for its long experience in the industry, renowned research services and flat-fee brokerage model. Sharekhan has strong in-person assistance through RM and education programs.

   Discuss this Question