Angel Broking Vs ShareKhan
| |Angel Broking Vs Sharekhan 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.
Watch this Video in Hindi at the end of the page!
Here is a point by point comparison of Angel Broking Vs Sharekhan.
Sharekhan is one of India’s leading full-service stockbrokers. Founded back in the year 2000 and today with its presence in more than 575 cities of India, Sharekhan ranks second in retail stockbroking in India. The stockbroker has been recently sold out to BNP Paribas for INR 2000 crore.
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.
Full-service brokers such as Angel Broking or ShareKhan, on the other hand, will help you, spoon feed you, hand hold 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 Angel Broking Vs ShareKhan 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.
Angel Broking Review | Sharekhan Review | |
OVERVIEW | ||
Incorporated In the Year | 1987 | 2000 |
Number of branches across India | 11,500 | 1950 |
Exchanges | BSE, NSE, MCX, MCX-SX | BSE, NSE, MCX, NCDEX, NSEL |
ACCOUNT CHARGES | ||
Trading Account Opening Charges | ₹0 | ₹750 |
Trading Account Annual Maintenance Charges | ₹450 | ₹0 |
Demat Account Opening Charges | ₹0 | ₹0 |
Demat Account Annual Maintenance Charges | ₹0 | ₹450 |
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 | ₹100 or 2.5% on Premium (whichever is higher of the two) |
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 | ₹100 or 2.5% on Premium (whichever is higher of the two) |
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 | Sharekhan Brokerage Calculator |
TRANSACTION CHARGES | ||
Equity Delivery | 0.00325% | 0.1% (Both Sides) |
Intraday Delivery | 0.00325% | 0.025% |
Equity Futures | 0.00190% | 0.0170% |
Equity Options | 0.05% (on premium) | 0.0170% |
Currency Futures | 0.00190% | 0.0170% |
Currency Options | 0.05% (on premium) | 0.0170% |
Commodity | MCX 0.00150%, NCDEX 0.00300%, MCX-SX 0.0001% | 0.0027% |
Transaction Charges | Angel Broking Transaction Charges | Sharekhan Transaction Charges |
EXPOSURE OR LEVERAGE | ||
Equity | Upto 10 times for Intraday Upto 3 times for Delivery | Upto 10 Times for Intraday & 5 Times for Delivery |
Equity Futures | Upto 4 times for Intraday | Upto 2 times for Intraday |
Equity Options | Upto 3 times for Intraday Selling No Margin for Buying | No Leverage |
Currency Futures | Upto 2 times for Intraday | No Leverage |
Currency Options | Upto 2 times for Intraday Selling No Margin for Buying | No Leverage |
Commodities | Upto 3 times for Intraday | Upto 2 times for Intraday |
Margin | Angel Broking Margin | |
RESEARCH | ||
Daily Market Reports | ||
Tips/Recommendations | ||
Quarterly Analysis | ||
News Alerts | ||
Trade Reports | ||
P&L Reports | ||
Contract Notes | ||
Research | Angel Broking Research | Sharekhan 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 | Sharekhan Customer Care |
FEATURES | ||
Mobile Trading | ||
Orders Accepted After Trading Hours | ||
Charting | ||
SMS Alerts | ||
Brokerage Calculator | ||
Margin Calculator | ||
Customer Training & Education | ||
Instant Fund Withdrawl | ||
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 | Trade Tiger, Sharekhan Mobile Trading App, Sharekhan Mini |
Complaint Percentage for Active Clients | 0.03% | 0.01% |
Complaints | Angel Broking Complaints | Sharekhan 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.
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 ShareKhan or 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, let us assist you in taking the next steps forward:
Feel free to check out the Hindi version of our website as well.