Angel broking: Cheap brokerage and excellent service.

Has anyone heard about Zerodha ??? www.zerodha.com .... they are charging 20 rs/trade, you can buy and sell as much as u want, same rate for intraday, delivery and fno .... Giving the NSE NOW platform.... If anyone who has used their platform???
 
Hello guys,
Ok Angel is good in brokerage.
But their accounting is very much to be desired.
Ie. On same trading Diet screen you cannot check your accounts. Ie. Proforma Bills, C.Notes, Profit loss ac. Balances etc. You hv to go to back office seperately which i think is very bad. They should have all on trading menu itself.
Also Angel does not have "BTST" and STBT which is bad becouse then you have to wait 48 hrs to sell yr script.
For eg. if you bought B.Airtel today, and the price really goes up tmrw, you cannot sell it. But hv to wait for 2 days in which case the price may have slumped to below c.p.
Also it is much to be desired if only Angel woud give 3 - 4 day tr calls, like some of the paid services in Mumbai and Ahmedbad, even if charged is ok. Then day trading would be fun. But no calls. Ask operator and they say only short/mid calls are there which you can get in dozens on the net.
I found their Contract notes a bit difficult to understand. How when why they charge ST, STT, Tr tax, Sebi tax and St duty ina confused way for us to calculate.

Your comments awaitied.
ALSO DO YOU KNOW OF SOME WAY TO LINK NSE OR BSE OR YOUR WATCH LIST PREPARED IN REDIFF TO EXCEL AND GET UPDATED 5 SEC WISE.??

P. Sukumar
 

prst

Well-Known Member
guys,
is it true that angel charges for the hard copy of the contract notes they send by post?
how can we unsubscribe from the same?

regards
Prashanth
 
@Sham - IIFL does not charge min brokerage. Also customer service is very good. Same for Prabhudas. Very responsive customer support.
But I feel good after hearing your words.
 
Has anyone heard about Zerodha ??? www.zerodha.com .... they are charging 20 rs/trade, you can buy and sell as much as u want, same rate for intraday, delivery and fno .... Giving the NSE NOW platform.... If anyone who has used their platform???
@Bharath - At times these little known brokers are good. But I will prefer to be with known brokers with good coverage and quality service and IT infrastructure as I never do phone trading. Since I am travelling or out of India from time to time, my only friend is my laptop.
 
Hello guys,
Ok Angel is good in brokerage.
But their accounting is very much to be desired.
Ie. On same trading Diet screen you cannot check your accounts. Ie. Proforma Bills, C.Notes, Profit loss ac. Balances etc. You hv to go to back office seperately which i think is very bad. They should have all on trading menu itself.
Also Angel does not have "BTST" and STBT which is bad becouse then you have to wait 48 hrs to sell yr script.
For eg. if you bought B.Airtel today, and the price really goes up tmrw, you cannot sell it. But hv to wait for 2 days in which case the price may have slumped to below c.p.
Also it is much to be desired if only Angel woud give 3 - 4 day tr calls, like some of the paid services in Mumbai and Ahmedbad, even if charged is ok. Then day trading would be fun. But no calls. Ask operator and they say only short/mid calls are there which you can get in dozens on the net.
I found their Contract notes a bit difficult to understand. How when why they charge ST, STT, Tr tax, Sebi tax and St duty ina confused way for us to calculate.

Your comments awaitied.
ALSO DO YOU KNOW OF SOME WAY TO LINK NSE OR BSE OR YOUR WATCH LIST PREPARED IN REDIFF TO EXCEL AND GET UPDATED 5 SEC WISE.??

P. Sukumar
Yes you are right. Thats what I say during the demo. It will be very convinient to see eveything under single window just like in IIFL, HDFC SEC.
Yes no STBT, BTST on screen, but there should be a way to do this. I think the guy told me, but cant remember now. I would request you to contact your RM or call Angel to discuss on this. Prabhudas has BTST, STBT so does IIFL. You can buy/sell or sell/buy in 1 day.

In the demo I have seen that we can create unlimited no of watchlist in Angel Diet.

Please please do not rely on broker's calls. Its only meant to increase their brokerage and at times offload their position. If you get 1-2 right you will get 5 wrong. I can bet on this.

For contract note calculation details its same for all brokers in general. You can ask the helpline to explain the charges and and percentages.
 
guys,
is it true that angel charges for the hard copy of the contract notes they send by post?
how can we unsubscribe from the same?

regards
Prashanth
Yes I was also told the same during account opening. So I only opted for email. That is also environment friendly. You can call their support / helpdesk to unsubscribe. IIFL, PL , HDFC do not charge for contract note.
 
I installed Angel Diet today.
Unfortunately the software is not running on my desktop. Some winsock file is missing.
I am on Dell VOSTRO 1520 with Windows home basic