How Much Brokerage In Angel One
When it comes to investing in the stock market, understanding brokerage charges is essential as it directly impacts your net returns. Angel One, formerly known as Angel Broking, is one of India’s leading stockbrokers that offers a wide range of trading and investment services. If you are planning to trade or invest through Angel One, knowing how much brokerage you will be charged is crucial for effective financial planning. This topic will provide a detailed overview of the brokerage charges in Angel One, covering various segments, plans, and key factors that influence these costs.
What is Brokerage and Why It Matters
Brokerage is the fee charged by a stockbroker for executing buy or sell orders on behalf of the client. It is generally a percentage of the transaction value or a flat fee. Brokerage costs affect the profitability of your trades and investments, so choosing a broker with competitive charges can help maximize your returns.
Types of Brokerage Models
There are mainly two brokerage models followed by brokers in India:
- Percentage-based brokerage: Brokerage is charged as a fixed percentage of the transaction value.
- Flat fee brokerage: Brokerage is charged as a fixed amount per trade, regardless of the trade size.
Angel One primarily follows a flat fee brokerage model, making it transparent and affordable for retail investors.
Angel One Brokerage Charges Overview
Angel One offers its services in multiple segments such as Equity Delivery, Intraday Trading, Futures and Options (F&O), Currency, and Commodities. Brokerage charges vary depending on the segment and the type of trade. Below is a detailed breakdown:
Equity Delivery
For investors looking to buy and hold stocks for a longer duration, Angel One charges zero brokerage on equity delivery trades. This means that if you buy shares and hold them beyond the trading day, you do not pay any brokerage on these transactions. This is a huge benefit for long-term investors as it helps save costs.
Equity Intraday Trading
Intraday trading involves buying and selling stocks on the same trading day. Angel One charges a flat brokerage fee of â¹20 or 0.05% (whichever is lower) per executed order for intraday equity trades. This flat fee structure ensures low brokerage irrespective of the trade size, making it attractive for active traders.
Futures and Options (F&O) Trading
Angel One charges a flat brokerage fee of â¹20 per executed order for both futures and options trading. Since F&O trading usually involves large quantities and leverage, a flat fee structure helps reduce overall brokerage expenses, benefiting frequent traders.
Currency and Commodity Trading
For currency and commodity segments, Angel One also follows the flat fee brokerage of â¹20 per executed order. This pricing makes Angel One competitive in these segments as well.
Additional Charges to Consider
Besides brokerage, traders should be aware of other costs associated with trading on Angel One’s platform:
- Transaction Charges: These are fees levied by stock exchanges and are based on the turnover.
- GST (Goods and Services Tax): Applied at 18% on brokerage and transaction charges.
- SEBI Turnover Fees: Charged by the Securities and Exchange Board of India (SEBI) on turnover.
- Stamp Duty: A small percentage charged by the state government on transactions.
While brokerage is a major cost, these additional charges collectively impact the total cost of trading.
Angel One Brokerage Plans
Angel One provides a simple brokerage pricing plan called Angel iTrade Prime which offers the flat â¹20 per trade fee for intraday, F&O, currency, and commodity segments, and zero brokerage on equity delivery. This plan is designed to keep costs predictable and low for retail investors and traders.
Why Choose Angel One Brokerage
- Cost-Effective: Flat â¹20 per trade or 0.05% for intraday keeps costs low.
- No Hidden Fees: Transparent brokerage structure helps plan better.
- Free Equity Delivery: Zero brokerage for buy-and-hold investors.
- Comprehensive Trading Platform: Robust tools and research support.
- Multiple Segments: Trade in equity, F&O, currency, and commodities seamlessly.
How to Calculate Brokerage on Angel One
Calculating brokerage charges on Angel One is straightforward due to its flat fee model. For example, if you do an intraday trade of â¹50,000 worth of shares, the brokerage will be:
- â¹20 (flat fee since â¹20 is less than 0.05% of â¹50,000 which is â¹25)
If the trade value is very high, say â¹1,00,000, the brokerage would still be â¹20, making it very cost-effective compared to percentage-based brokerage.
Example Calculations
- Equity Delivery Buy of â¹30,000: Brokerage = â¹0 (zero brokerage)
- Equity Intraday Trade of â¹50,000: Brokerage = â¹20 (flat fee)
- Futures Trade of â¹1,00,000: Brokerage = â¹20 (flat fee)
- Options Trade: â¹20 per executed order
Comparing Angel One Brokerage with Other Brokers
Angel One’s flat fee brokerage plan is competitive in the Indian market, especially for active traders and investors. Many traditional brokers charge brokerage as a percentage of turnover, which can become expensive for high volume traders. By offering a flat â¹20 per trade fee, Angel One appeals to traders who want predictable and low brokerage costs.
Advantages Over Percentage-Based Brokerage
- Saves money on large trades as brokerage doesn’t increase with trade size.
- Helps traders calculate exact costs upfront.
- Encourages frequent trading without worrying about escalating fees.
Brokerage in Angel One
Understanding brokerage charges is critical for any investor or trader to optimize their returns. Angel One’s brokerage model, featuring zero charges on equity delivery and flat â¹20 fees on intraday, F&O, currency, and commodity trades, provides transparency and affordability. This structure is especially beneficial for retail investors and active traders looking to minimize trading costs without compromising on service quality.
Before starting your trading journey with Angel One, it’s advisable to review the latest brokerage policies on their official platform and consider additional charges like GST, transaction fees, and taxes. Overall, Angel One’s brokerage charges are structured to support a wide range of investors, from beginners to experienced market participants, making it a popular choice in the Indian brokerage landscape.