Brokerage Charges Explained- Angel Broking
Brokerage
We don't offer the normal Angel Plan of Flat 20Rs per order, DIRECTLY . That plan is different and it charges you flat 20Rs for every executed order. The plan we have is mentioned below and it charges a minimum 30Rs brokerage + Tax. You can switch to the 20Rs/Order Plan after creation of the Demat account.
Security Transaction Tax (STT)
It’s a direct tax levied on every security transaction in the exchange, collected by the broker. STT is charged for both buying and selling on equity delivery, and on selling on intraday and FnO.
It’s a direct tax levied on every security transaction in the exchange, collected by the broker. STT is charged for both buying and selling on equity delivery, and on selling on intraday and FnO.
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Transaction / Turnover Charges
Transaction / Turnover charges are levied by exchanges (NSE, BSE, MCX, NCDEX) and clearing charges are levied by clearing members for settling trades done by the clients.
| Segment | Transaction Fee |
|---|---|
| Equity Delivery | NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side) |
| Equity Intraday | NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side) |
| Equity Futures | NSE Rs 190 per Cr (0.0019%) | BSE Rs 300 per Cr (0.003%) (each side) |
| Equity Options | NSE Rs 5000 per Cr (0.05%) | BSE Rs 300 per Cr (0.003%) (on premium) |
| Currency Futures | Rs 190 per Cr (0.0019%) |
| Currency Options | NSE Rs 5000 per Cr (0.05%)(on premium) |
| Commodity | MCX Rs 150 per Cr (0.0015%) | NCDEX Rs 300 per Cr (0.003%) |
Offline Trade
Trades which are not done online by clients are considered as offline trade. For e.g.: Margin Square-off, RMS Square-off, Auto Square-off, contract expiry etc.
Stamp Charges
Until now, variable stamp charges applied at different states as per the Stamp Duty Act of 1899 on instruments transacted in the stock exchange. From July 1 2020, the government has decided to replace the current system with new uniform stamp duty rates in shares, debentures, futures and options, currency, and other capital assets. Please refer to the list below for the current rates.
Stamp Duty | (On buy side only) Delivery: 0.015%, Intraday: 0.003%, Equity Futures: 0.002%, Equity Options: 0.003%, and Currency F&O: 0.0001%. Commodity Futures: 0.002%, Commodity Options: 0.003% (MCX) |
GST
An 18% GST applies on brokerage, transaction charges, SEBI Charges and Risk Management charges.
SEBI Charges
The Security and Exchange Board of India (SEBI) charges fees on security transactions for regulating the market. Please check the above table for rates. Charges Rs. 10/Crore
Account Maintenance Charges
Monthly account maintenance charges are fixed at Rs.20 + Taxes.
This fee is exempt to those who have opted for Lifetime AMC Plan at Rs. 2950 i.e. 2500 + Tax.
Some are also exempt from this, if they have opted 3 Year Plan at Rs. 531 i.e. 450 + Tax.
Depository Participant (DP) Charges
Rs 20 plus GST applies on per scrip irrespective of volume when stocks are sold from the holding. Depository participant charges are collected by the depository and depository participant, that is Angel One.
| Charges for Pledge creation / Pledge closure | Rs 25 per ISIN |
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