Goodwill Commodities Vs Angel Broking

A Digital Blogger | | Broker Comparison, Trading | No Comments

Compare Stock Brokers

Goodwill Commodities Vs Angel Broking comparison here talks about the differences between these two stockbrokers in terms of multiple aspects. If you are looking to choose one of the brokers for your stock market trading, this comparison article will assist you in making that decision.

Here are the details:

Goodwill Commodities Vs Angel Broking Comparison

Here is a point by point comparison of Goodwill Commodities Vs Angel Broking.

Angel Broking, a leading full-service broker, has built a brand of its own thanks to its high tech trading platforms and robo advisory services since its inception in 1987.

Goodwill Commodities is a Chennai based full-service stockbroker which has expertise in commodity trading. The broker was established in 2008 and has a presence in 27 locations across different cities of India. Goodwill Commodities is known to provide high exposure but has a relatively low focus on technology.

Full-service brokers such as Goodwill Commodities or Angel Broking 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 and so on.

To make things easy for you, we have listed out the comparison between Goodwill Commodities Vs Angel Broking 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

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.

Goodwill Commodities Vs Angel Broking Compare



	Angel Broking Review	Goodwill Commodities Review
OVERVIEW
Incorporated In the Year	1987	2008
Number of branches across India	11,500	27
Exchanges	BSE, NSE, MCX, MCX-SX	BSE, NSE, MCX, NCDEX, MSEI
ACCOUNT CHARGES
Trading Account Opening Charges	₹0	₹0
Trading Account Annual Maintenance Charges	₹450	₹0
Demat Account Opening Charges	₹0	₹0
Demat Account Annual Maintenance Charges	₹0	₹0
Transaction Charges	Angel Broking Transaction Charges	Goodwill Commodities Transaction Charges
BROKERAGE
Equity Delivery	₹15 if order value is below ₹50,000, ₹30 if order value is above ₹50,000	0.5%
Intraday Delivery	₹15 if order value is below ₹50,000, ₹30 if order value is above ₹50,000	0.1%
Equity Futures	₹15 if order value is below ₹50,000, ₹30 if order value is above ₹50,000	0.1%
Equity Options	₹15 if order value is below ₹50,000, ₹30 if order value is above ₹50,000	2.5% on the premium or ₹100 per contract, whichever is higher
Currency Futures	₹15 if order value is below ₹50,000, ₹30 if order value is above ₹50,000	0.1%
Currency Options	₹15 if order value is below ₹50,000, ₹30 if order value is above ₹50,000	2.5% on the premium or ₹30 per contract, whichever is higher
Commodity	₹15 if order value is below ₹50,000, ₹30 if order value is above ₹50,000	0.1%
Calculate Brokerage	Angel Broking Brokerage Calculator	Goodwill Commodities Brokerage Calculator
TRANSACTION CHARGES
Equity Delivery	0.00325%	0.00325%
Intraday Delivery	0.00325%	0.00325%
Equity Futures	0.00190%	0.005%
Equity Options	0.05% (on premium)	0.06%
Currency Futures	0.00190%	0.005%
Currency Options	0.05% (on premium)	0.06%
Commodity	MCX 0.00150%, NCDEX 0.00300%, MCX-SX 0.0001%	0.007%
EXPOSURE OR LEVERAGE
Equity	Upto 10 times for Intraday Upto 3 times for Delivery	Upto 10 times for Intraday, 2 times for Delivery
Equity Futures	Upto 4 times for Intraday	3 times for Intraday
Equity Options	Upto 3 times for Intraday Selling No Margin for Buying	2 times for Intraday
Currency Futures	Upto 2 times for Intraday	2 times for Intraday
Currency Options	Upto 2 times for Intraday Selling No Margin for Buying	2 times for Intraday
Commodities	Upto 3 times for Intraday	3 times for Intraday
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	ODIN Diet, NEST, iWin Mobile App, Goodwill Web Trading app
Complaints percentage	0.03%	0.05%
Complaints	Angel Broking Complaints
OVERALL RATING
	Get a Callback	Get a Callback

*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? If yes, would you like to share your experience(s) with Goodwill Commodities Vs Angel Broking for the benefits of other readers? Please feel free to share in the comments below.

Finally, if you would like to get started with stock market trading or investments in general with a trading and demat account, let us assist you in taking the next steps forward: