Angel broking: Cheap brokerage and excellent service.

[pattathils]

Dear Friends,

Thanks for advice on Intraday. No one can be trusted and there is no 85-90% accuracy.
Ok I want to know all the taxes and cuttings after brokerage by the Gov't.
Many brokers quote differently.
Ie. for eg. Some brokers say SST Tax both ways.
Some say no SST tax on buying.
Some say No SST on delivery mode transanction.
Also different brokers have SEBI Tax. Some dont have that?
There must be a fixed tabulation for same somewhere??

Pls tell me the exact taxes applicable for Intra day and for delivery?

P. Sukumar

 

[kaushikbanerjee]

Dear Friends,

Thanks for advice on Intraday. No one can be trusted and there is no 85-90% accuracy.
Ok I want to know all the taxes and cuttings after brokerage by the Gov't.
Many brokers quote differently.
Ie. for eg. Some brokers say SST Tax both ways.
Some say no SST tax on buying.
Some say No SST on delivery mode transanction.
Also different brokers have SEBI Tax. Some dont have that?
There must be a fixed tabulation for same somewhere??

Pls tell me the exact taxes applicable for Intra day and for delivery?

P. Sukumar

What is SST ? Do you mean STT ?
STT is charged on the sell leg of Intraday Equities transaction and futures & options. STT is charged on the buy side only when equities are purchased on delivery basis.

 

[dhruvrs]

Hi,

Pool to Pool transfers are levied only while selling a script. I would suggest you to confirm the same again as I am 100% sure on this. Further, may I know which place are you from?

dhruvrs, today i checked with one of the executive of Angel, he did not know about this and gave the line to another executive of Angel who told me that Rs.11/- for Pool to Pool transfer is chargable for both buy and sell, is it correct?? which means that i have to pay Rs.22/- total for buy and sell.

 

[mrkanitkar]

One question to all Angel customers.
Do you ever see brokerage shown separately in contract note?
I done some trading recently using Angel, I found buying price included brokerage. The brokerage column is empty. As per Sebi rules, you should show brokerage separately.

 

[jvblogger]

One question to all Angel customers.
Do you ever see brokerage shown separately in contract note?
I done some trading recently using Angel, I found buying price included brokerage. The brokerage column is empty. As per Sebi rules, you should show brokerage separately.

You are perhaps referring the bill. Contract Note always shows brokerage separately , even if you have pre-paid the brokerage.

 

[mrkanitkar]

Angel's ODIN is quite fast. One question, How many times Angel's ODIN server goes down during market hrs? Or how many times it gone down in recent past?
This would be interesting to know. I have Angel as back up to RK.
Thanks in advance.

 

[VijayDT]

Angel's ODIN is quite fast. One question, How many times Angel's ODIN server goes down during market hrs? Or how many times it gone down in recent past?
This would be interesting to know. I have Angel as back up to RK.
Thanks in advance.

Dear Kanitkar,
Angel's ODIN is a most reliable and steady application (due to their proper PDA application). Their PDA is a unique application which takes care of updating of files and versions. Relax you are in safe hands, I can say it with my experience. Also use their new intra day charting facility, it is new, and far more improved.
Rgds,
VDT

 

[mrkanitkar]

Hi VDT,
Thanks :thumb:

I never done any future trades with Angel. Can you please tell how much they would charge brokerage + taxes (I know this is GOI) + STT for one lot nifty buy and sell with 2 Paisa buy and sell? I am little confused. I have their 2 Paisa brokerage plan.

 

[VijayDT]

Hi VDT,
Thanks :thumb:

I never done any future trades with Angel. Can you please tell how much they would charge brokerage + taxes (I know this is GOI) + STT for one lot nifty buy and sell with 2 Paisa buy and sell? I am little confused. I have their 2 Paisa brokerage plan.

It is same as cash intraday, if you have a plan of. 02% for cash than same would be true for your future trades. For Options, they charge per lot.

 

[Nishantb]

Hi evry1 pls advice..
I have a trading a/c wid angel through a sub broker my brokerage charges are 0.35% for delivry n 0.04% for intraday n f&o .. I am unhappy with my sub broker and want to go direct with angel..please tel me hw should i do that..
And secondly my volume would be around 10 lakhs for the next 3 mnths den it would increase much more march onwards ,so please let me know how can i negotiate for brokerage with the company(angel)??..
And what kind of brokerage can i expect from angel??