Angel broking: Cheap brokerage and excellent service.

[Poulomi]

Hi!,


0.30 on delivery & 0.03 on Intraday may be are the percentage brokerages applicable whenever you will do trading. Apart from brokerages, there are other standard charges also applicable from exchanges/regulators such as STT, SEBI turnover charges, stamp duty, Exchange transaction charges etc. which are minimal but do exist. These are applicable while trading with any broking house. Cheers!

Hi , I zeroed on opening an account with Angel.
They said .30 on delivery and .03 on intraday.
These charges are not Percentage Brokerage.
These are the charges per every transaction what ever be the amount.
Is it true? or Are there any hidden charges.

 

[Poulomi]

Hi Madhav,

While communicating to one of the Angel executives today, I came across the fact that, Angel doesnt provide BTST facility. However, practically speaking BTST should be possible as we are selling shares received on T+2 on T+3. However, in cases of Auctions, Angel doesnt take responsibility of the same.Thanks!

Hello Poulomi,

I opened my account with Angel yesterday...
But after that when I was having a chat with them I came to know that they dont offer any BTST in equity...

Am totally confused now.. Actually one of their representative even said that they do support..

Are you angel user?? Please let me know whether they provide it or not..

Regards,
Madhav

 

[mark_sas30]

hi
can u share what should be the brokerage for a total traded value of 43470 when charges @.02% l which is having min contract for 30 rs , as per the 2.5 % min brok.
which is lower 30 rs or 2.5% max brok

 

[Poulomi]

Hi! Mark,

In your case, you may have to pay Rs. 30 as your brokerage to Angel. Because, if 0.02% is levied then brokerage comes to Rs. 8.694 & If 2.5% is levied then its 1086.75 hence Rs. 30 that means maximum Rs. 30 or 2.5%, whichever is lower. Cheers!

hi
can u share what should be the brokerage for a total traded value of 43470 when charges @.02% l which is having min contract for 30 rs , as per the 2.5 % min brok.
which is lower 30 rs or 2.5% max brok

 

[mark_sas30]

so do u think there will be ever be a position where 2.5% will be less than 30 rs

 

[nextbigthing]

Hi
I have opened an account in IndiaBulls but they are giving me the brokerage of 0.50% on delivery and 0.05% on intraday.
I have asked for the cheapest brokerage they have then they told me that i can opt for advance brokerage plan which is Rs.10000 as margin valid for 12 months and the brokerage becomes 0.30% for delivery and 0.03% for intraday.

Please tell me is this deal right ? Can i get my brokerage lowered without this or are there any volume commitments as i am a small trader.

 

[Akash_]

just dont open blindly with angel I just opened an account 3 months back with them, Delhi ( u can see my post in this thread around May) thinking they would be pretty good, but till now I have been just getting disappointed by them......lost more than 80K's as They dont open ur limit on time its always after 9 am .......nd if they do open it they wont giv u the proper limit.....nd most of time is gon in calling them to sort these issues rather than trading........

can anyone suggest any brokerage firm better than angel atleast in providing services........becz their Delhi branch suxz to the limit.......I am thinking of changing from angel to Reliance Money or some other......brokerage firm......I think I have had it with my patience now.......

 

[aryan.]

Hi
I have opened an account in IndiaBulls but they are giving me the brokerage of 0.50% on delivery and 0.05% on intraday.
I have asked for the cheapest brokerage they have then they told me that i can opt for advance brokerage plan which is Rs.10000 as margin valid for 12 months and the brokerage becomes 0.30% for delivery and 0.03% for intraday.

Please tell me is this deal right ? Can i get my brokerage lowered without this or are there any volume commitments as i am a small trader.

You can easily reduce your brokerage to 30 paisa and 3 paisa with any volume commitments but it depends on the relationship manager of that branch.

 

[Poulomi]

Hi! Akash,

Try speaking or writing to their customer care? I always got the impression that they are quite responsive to customer grievances. I am sure your concerns will be looked into Cheers!

just dont open blindly with angel I just opened an account 3 months back with them, Delhi ( u can see my post in this thread around May) thinking they would be pretty good, but till now I have been just getting disappointed by them......lost more than 80K's as They dont open ur limit on time its always after 9 am .......nd if they do open it they wont giv u the proper limit.....nd most of time is gon in calling them to sort these issues rather than trading........

can anyone suggest any brokerage firm better than angel atleast in providing services........becz their Delhi branch suxz to the limit.......I am thinking of changing from angel to Reliance Money or some other......brokerage firm......I think I have had it with my patience now.......

 

[Akash_]

I posted a message to their grievance cell i.e feedback 2 months back telling them about the cheque problems I am facing.......my wrong address in their records (told same thing to their HO too who dnt care abt it).......non responsive staff member in their delhi branch.......limt issue.....


I only got a reply that we have changed ur address in our records thats it......which is still not correct....