Zipper Trade Vs Angel Broking
| |Zipper Trade Vs Angel Broking 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.
Zipper Trade Vs Angel Broking Comparison
Here is a point by point comparison of Zipper Trade Vs Angel Broking.
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.
Zipper Trade is a discount broker launched recently in 2016 from the house of RK Stockholding. The broker free account opening but does a pretty average job in aspects such as trading platforms, service, exposure.
Full-service brokers such as 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.
Discount brokers such as Zipper Trade offer trading services at much cheaper brokerage rates and reasonable customer service. 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 Zipper Trade 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, the 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.
Zipper Trade Vs Angel Broking Compare
Angel Broking Review | Zipper Trade Review | |
OVERVIEW | ||
Incorporated In the Year | 1987 | 2016 |
Number of branches across India | 900 | 1 |
Exchanges | BSE, NSE, MCX, MCX-SX | NSE, BSE, MCX-SX, MCX and NCDEX |
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 | Zipper Trade 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 0.1% of turnover (whichever is lower) |
Intraday Delivery | ₹15 if order value is below ₹50,000, ₹30 if order value is above ₹50,000 | ₹15 per executed order or 0.1% of turnover (whichever is lower) |
Equity Futures | ₹15 if order value is below ₹50,000, ₹30 if order value is above ₹50,000 | ₹15 per executed order or 0.1% of turnover (whichever is lower) |
Equity Options | ₹15 if order value is below ₹50,000, ₹30 if order value is above ₹50,000 | ₹15 per executed order |
Currency Futures | ₹15 if order value is below ₹50,000, ₹30 if order value is above ₹50,000 | ₹15 per executed order or 0.1% of turnover (whichever is lower) |
Currency Options | ₹15 if order value is below ₹50,000, ₹30 if order value is above ₹50,000 | ₹15 per executed order |
Commodity | ₹15 if order value is below ₹50,000, ₹30 if order value is above ₹50,000 | ₹15 per executed order |
Calculate Brokerage | Angel Broking Brokerage Calculator | Zipper Trade 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, No exposure for Delivery |
Equity Futures | Upto 4 times for Intraday | 2 times for Intraday |
Equity Options | Upto 3 times for Intraday Selling No Margin for Buying | 3 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 | 3 times for Intraday |
Commodities | Upto 3 times for Intraday | 2 times for Intraday |
RESEARCH | ||
Daily Market Reports | ||
Tips/Recommendations | ||
Quarterly Analysis | ||
News Alerts | ||
TRADING SEGMENTS | ||
Equity | ||
Mutual Funds | ||
IPOs | ||
Currency | ||
Commodity | ||
CUSTOMER SERVICE OPTIONS | ||
Email Support | ||
Live Chat | ||
Phone | ||
Toll Free Number | ||
Offline Branches | ||
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, NOW Online |
Complaints percentage | 0.14% | 0.05% |
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? If yes, would you like to share your experience(s) with Zipper Trade 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:
Feel free to check out the Hindi version of our website as well.