Compare Angel Broking and Sharekhan?

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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.



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