Angel Broking Vs Trade Smart Online
| |Angel Broking Vs Trade Smart Online comparison brings direct values each stockbroker brings to its clients and at the same time, talks about the aspects where a particular broker fails against client expectations.
We will talk at length in this detailed review for your reference.
Angel Broking Vs Trade Smart Online Comparison
Angel Broking, a leading full-service stockbroker, has built a brand of its own thanks to its high tech trading platforms and robo advisory services since its inception in 1987.
In the year of its existence, even Angel Broking hs done quite a bit in the trading technology space including Angel Broking ARQ, Angel Broking Mobile App, Angel Bee and more.
Trade Smart Online, on the other hand, is a discount broker that was incorporated by VNS finance – a stockbroking firm that was founded in 2012.
Everything about Trade Smart is Online, be it – customer service, trading, account opening and so on. Angel Broking, as a full-service broker, is a player that will help you, spoon feed you, handhold you through the process, even if you need an offline help, meet someone, talk to somebody and so on.
Choosing between the two depends on your preferences, your online appetite, your understanding of the stock market etc.
To make things easy for you, we have listed out the comparison between Angel Broking Vs Trade Smart Online to help you find which of the two suits your needs better.
The comparison is made on aspects such as:
- Company Overview
- Account Opening Charges
- Brokerage
- Exposure or Leverages
- Research
- Trading Platforms
- Other Features
Angel Broking Vs Trade Smart Online Compare
Generally, above-mentioned aspects are good enough to make a decision based on your preferences but feel free to let us know what more areas you would like us to cover. Most of the content has been vetted by the corresponding stockbroking firms.
We hope this article helps you to understand which of the two brokers is better for your needs.
Angel Broking Review | Trade Smart Online Review | |
OVERVIEW | ||
Incorporated In the Year | 1987 | 1994 |
Number of branches across India | 11,500 | 1 |
Exchanges | BSE, NSE, MCX, MCX-SX | BSE, NSE, MCX, MCX-SX and NCDEX |
ACCOUNT CHARGES | ||
Trading Account Opening Charges | ₹0 | ₹200 |
Trading Account Annual Maintenance Charges | ₹450 | ₹0 |
Demat Account Opening Charges | ₹0 | ₹200 |
Demat Account Annual Maintenance Charges | ₹0 | ₹300 |
Transaction Charges | Angel Broking Transaction Charges | Trade Smart Online Transaction Charges |
BROKERAGE | ||
Equity Delivery | ₹15 if order value is below ₹50,000, ₹30 if order value is above ₹50,000 | ₹15 per executed order or 0.07% depending on the plan |
Intraday Delivery | ₹15 if order value is below ₹50,000, ₹30 if order value is above ₹50,000 | ₹15 per executed order or 0.007% depending on the plan |
Equity Futures | ₹15 if order value is below ₹50,000, ₹30 if order value is above ₹50,000 | ₹15 per executed order or 0.007% depending on the plan |
Equity Options | ₹15 if order value is below ₹50,000, ₹30 if order value is above ₹50,000 | ₹15 or ₹7 per executed order depending on the plan |
Currency Futures | ₹15 if order value is below ₹50,000, ₹30 if order value is above ₹50,000 | ₹15 per executed order or 0.007% depending on the plan |
Currency Options | ₹15 if order value is below ₹50,000, ₹30 if order value is above ₹50,000 | ₹15 per executed order or 0.007% depending on the plan |
Commodity | ₹15 if order value is below ₹50,000, ₹30 if order value is above ₹50,000 | ₹15 per executed order or 0.007% depending on the plan |
Calculate Brokerage | Angel Broking Brokerage Calculator | Trade Smart Online Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | Upto 10 times for Intraday Upto 3 times for Delivery | Intraday upto 30 times |
Equity Futures | Upto 4 times for Intraday | Upto 5 times |
Equity Options | Upto 3 times for Intraday Selling No Margin for Buying | Upto 5 times |
Currency Futures | Upto 2 times for Intraday | Upto 3 times |
Currency Options | Upto 2 times for Intraday Selling No Margin for Buying | Upto 3 times |
Commodities | Upto 3 times for Intraday | Upto 5 times |
Margin | Angel Broking Margin | |
RESEARCH | ||
Daily Market Reports | ||
Tips/Recommendations | ||
Quarterly Analysis | ||
News Alerts | ||
Research | Angel Broking Research | |
TRADING SEGMENTS | ||
Equity | ||
Mutual Funds | ||
IPOs | ||
Currency | ||
Commodity | ||
CUSTOMER SERVICE OPTIONS | ||
Email Support | ||
Live Chat | ||
Phone | ||
Toll Free Number | ||
Offline Branches | ||
Customer Care | Angel Broking Customer Care | |
FEATURES | ||
Mobile Trading | ||
Orders Accepted After Trading Hours | ||
Charting | ||
SMS Alerts | ||
Robo Advisory | ||
Automated Trading | ||
Market Tips | ||
Margin Funding | ||
Relationship Managers | ||
3 in 1 Account | ||
Trading Platform(s) | Angel Broking App, Angel Broking Web (Angel Eye), Speed Pro | NOW, Nest, Spin |
Complaint Percentage | 0.03% | 0.03% |
Complaints | Angel Broking Complaints | |
OVERALL RATING | ||
*NSE Complaints Percentage: Lower is this number, Better is the broker.
Before we complete this comparison, we think one quick understanding of brokerage charges is important.
Full-service stockbrokers charge brokerage as a percentage of your trading turnover. For instance, if you place a trade of ₹10,000 for Equity delivery and your broker charges 0.4% or 40 paise as brokerage. This would mean, you will be charged 0.40% of ₹10,000 i.e. ₹40 as the brokerage for that particular trade.
Here is a brokerage calculator for your reference.
Also, check out some of the other stockbroker comparisons you might be interested in.
Have you in the past or are currently trading with any of the above stockbrokers?
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Finally, if you would like to get started with stock market trading or investments in general, let us assist you in taking the next steps forward:
Feel free to check out the Hindi version of our website as well.