Angel Broking Vs IIFL Securities
Incorporated in 1987, Angel Broking is a Discount Broker. It offers trading at BSE, NSE, MCX, NCDEX. It has 900 branches across India. Incorporated in 1996, IIFL Securities is a Full Service Broker. It offers trading at NSE, BSE, MCX. It has 900 branches across India.
| Angel Broking | IIFL Securities | |
|---|---|---|
| Type of Broker | Discount Broker | Full Service Broker |
| Exchnage Membership | BSE, NSE, MCX, NCDEX | NSE, BSE, MCX |
| Year of Incorporation | 1987 | 1996 |
| Number of Branches | 900 | 900 |
| Open Angel Broking Account | Open IIFL Securities Account |
Angel Broking Vs IIFL Securities Charges & AMC
Angel Broking trading account opening charges is Rs 0 (Free) while IIFL Securities account opening changes is Rs 0 (Free). Angel Broking Demat Account AMC Charges is Rs 240 and IIFL Securities Demat Account AMC Charges is Rs 250 (Free for 1st year).
| Angel Broking | IIFL Securities | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
| Trading Account AMC Charges | Rs 0 (Free) | Rs 0 |
| Demat Account Opening Charges | Rs 0 (Free) | Rs 0 |
| Demat Account AMC Charges | Rs 240 | Rs 250 (Free for 1st year) |
Angel Broking Vs IIFL Securities Brokerage
Angel Broking brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order whereas IIFL Securities brokerage charges for equity is Rs 20 per order and intraday is Rs 20 per order.
| Account Type | Angel Broking Angel iTrade PRIME | IIFL Securities iServe |
|---|---|---|
| Fixed Charges | NA | |
| Equity Delivery | Rs 0 (Free) | Rs 20 per order |
| Equity Intraday | Rs 20 per executed order | Rs 20 per order |
| Equity Futures | Rs 20 per executed order | Rs 20 per order |
| Equity Options | Rs 20 per executed order | Rs 20 per order |
| Currency Futures | Rs 20 per executed order | Rs 20 per order |
| Currency Options | Rs 20 per executed order | Rs 20 per order |
| Commodity Futures | Rs 20 per executed order | Rs 20 per order |
| Commodity Options | Rs 20 per executed order | Rs 20 per order |
Angel Broking Charges Vs IIFL Securities
| Minimum Brokerage | Equity Rs 20 | F&O Rs 30 | |
| Other Charges | Advisory SMS - Rs 50 per month | |
| Call & Trade Charges | Additional Rs 20 per executed order | Rs 50 per call |
Angel Broking Vs IIFL Securities Transaction Charges
Angel Broking transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 300 per Cr (0.003%) (on premium) while IIFL Securities exchange transaction charges for options is Rs 5100 per Cr (0.051%) (on premium).
| Angel Broking | IIFL Securities | |
|---|---|---|
| Equity Delivery | NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side) | Rs 325 per Cr (0.00325%) |
| Equity Intraday | NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side) | Rs 325 per Cr (0.00325%) |
| Equity Futures | NSE Rs 190 per Cr (0.0019%) | BSE Rs 300 per Cr (0.003%) (each side) | Rs 210 per Cr (0.0021%) |
| Equity Options | NSE Rs 5000 per Cr (0.05%) | BSE Rs 300 per Cr (0.003%) (on premium) | Rs 5100 per Cr (0.051%) (on premium) |
| Currency Futures | Rs 190 per Cr (0.0019%) | Rs 210 per Cr (0.0021%) |
| Currency Options | NSE Rs 5000 per Cr (0.05%)(on premium) | Rs 5100 per Cr (0.051%) (on premium) |
| Commodity | MCX Rs 150 per Cr (0.0015%) | NCDEX Rs 300 per Cr (0.003%) | Group A - Rs 280 per Cr (0.0028%) |
| Open Angel Broking Account | Open IIFL Securities Account |
Angel Broking Vs IIFL Securities Leverage (Margin)
Angel Broking margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the IIFL Securities margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Angel Broking | IIFL Securities | |
|---|---|---|
| Equity Delivery | 100% of trade value (1x leverage) | 100% of trade value (1x leverage) |
| Equity Intraday | Up to 20% of trade value (5x leverage) | Up to 20% of trade value (5x leverage) |
| F&O (Eq, Curr, Comm) | 100% of NRML margin (Span + Exposure) (1x leverage) | 100% of NRML margin (Span + Exposure) (1x leverage) |
| Open Angel Broking Account | Open IIFL Securities Account |
Compare Angel Broking and IIFL Securities Features
The trading platforms offered Angel Broking include Angel Broking App (Mobile), Angel Eye (Website), Angel Speedpro (Trading Terminal). IIFL Securities offers IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds App trading software.
| Angel Broking | IIFL Securities | |
|---|---|---|
| 3 in 1 Account |  |
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| Charting |  |
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| Automated Trading | |
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| SMS Alerts | |
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| Online Demo | |
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| Online Portfolio | |
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| Margin Trading Funding | |
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| Margin Against Shares (Equity Cash) | |
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| Margin Against Shares (Equity F&O) | |
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| Trading Platform | Angel Broking App (Mobile), Angel Eye (Website), Angel Speedpro (Trading Terminal) | IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds App |
| Intraday Square-off Time | 3:15 PM | |
| Trading In SME Shares Allowed? | ||
| Referral Program | |
|
| Other Features | Daily, weekly and monthly reports of Equity, F&O, Commodities and Currency | |
| Open Angel Broking Account | Open IIFL Securities Account |
Angel Broking Vs IIFL Securities Review
Angel Broking is rated 2.7 of 5 based on 254 customer reviews whereas IIFL Securities is rated 2.7 of 5 based on 123 customer reviews.
| Angel Broking | IIFL Securities | |
|---|---|---|
254 Customer Reviews  |
123 Customer Reviews |
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| Trading Platform |  |
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| Customer Service | |
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| Overall Ratings | |
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| Broker Rating | Angel Broking is rated 2.7 of 5 based on 254 customer reviews | IIFL Securities is rated 2.7 of 5 based on 123 customer reviews |
Angel Broking Vs IIFL Securities Investment Options
| Angel Broking | IIFL Securities | |
|---|---|---|
| Stock / Equity | |
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| Commodity | |
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| Currency | |
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| IPO | |
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| Mutual Funds | |
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| Bond / NCD | |
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| Debt | |
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| Other Investment Options | Insurance |
Angel Broking Vs IIFL Securities Order Type Offered
| Angel Broking | IIFL Securities | |
|---|---|---|
| Bracket Order | |
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| Cover Order | |
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| Buy Today Sell Tomorrow (BTST) | |
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| Sell Today Buy Tomorrow (STBT) | |
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| After Market Order(AMO) | |
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| Good Till Cancelled (GTC) | |
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| Open Angel Broking Account | Open IIFL Securities Account |
Angel Broking Vs IIFL Securities Research Report
| Angel Broking | IIFL Securities | |
|---|---|---|
| Daily Market Report | |
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| Free Tips | |
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| Quarterly Result Analysis | |
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| News Alerts | |
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Angel Broking Vs IIFL Securities Suitable For Investor Type
| Angel Broking | IIFL Securities | |
|---|---|---|
| Casual Investor | ||
| Active Investor | |
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| Trader | |
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Angel Broking Vs IIFL Securities - Pros and Cons
| Angel Broking | IIFL Securities | |
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| Reviews | ||
| Open Angel Broking Account | Open IIFL Securities Account |
