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5Paisa vs. Angel Broking

All stockbrokers charge you a fee for carrying out trading transactions. They charge you different fees for different asset classes. So, to maximize your returns and best trading experience, you need to choose the best stock broker.

Among the best stockbrokers in India, two top names are 5Paisa and Angel Broking. Please find a thorough comparison study for both the stock brokers, and find the table below for the comparison of 5Paisa and Angel Broking.


Overview

5Paisa is public company and Angel Broking is private company. 5Paisa operates as a discount broker, while Angel Broking functions as a full service broker. Nirmal Jain & Rajamani Venkataraman co-founded 5Paisa in 2007. And Angel Broking was founded in the year 1987 by Dinesh Thakkar. 5Paisa's headquarters are in Mumbai, India and Angel Broking's headquarters are in Mumbai, India.

5Paisa operates as a discount broker, while Angel Broking functions as a full service broker. 5Paisa is registered in NSE, BSE, while Angel Broking is registered in BSE, NSE, MCX, NCDEX. The total branches of 5Paisa are 900 and the Angel Broking branches are 900.

Overview5PaisaAngel Broking
Broker TypeDiscount BrokerFull Service Broker
Type of companyPublicPrivate
HeadquarterMumbai, IndiaMumbai, India
FoundersNirmal Jain & Rajamani VenkataramanDinesh Thakkar
Foundation Year20071987
Supported ExchangesNSE, BSEBSE, NSE, MCX, NCDEX
Total branches900900

5Paisa and Angel Broking Trading Account Opening and Demat Charges

A dematerialization account, also known as a Demat account keeps the securities in an electronic form that are deposited with National Securities Depository Limited (NSDL) or Central Depository Services Limited (CDSL).

Account opening fees for various brokers range from 0 to Rs.200, with 5Paisa charging Rs.650 and Angel Broking charging Zero.

When you open a Demat account, you must pay specific fees such as account maintenance fees, broker commissions, GST, and STT. When you open a Demat account, you must pay specific fees such as account maintenance charges, broker commissions, GST, and STT. So, account maintenance charges (AMC) for the 5Paisa Demat account is Rs.400 per Annum and for the Angel Broking Demat account is Free or Rs.300 per Annum. The Trading AMC for 5Paisa and Angel Broking is free. And the margin money for both brokers is also zero.

As we know that NSDL and CDSL are the two depositories in India registered by Indian Government which holds various securities in electronic form like stocks, bonds, etc. So, the depository for both 5Paisa and Angel Broking is CDSL.

Account Opening and Demat Charges5PaisaAngel Broking
Trading Account Opening ChargesRs.650Zero
Demat AMC (Annual Maintenance Charges)Rs.400 per AnnumFree or Rs.300 per Annum
Trading AMC (Annual Maintenance Charges)FreeFree
Margin MoneyZeroZero Margin
Offline to Online ChargesNot applicableYes
DepositoryCDSLCDSL

5Paisa and Angel Broking Equity Brokerage Charges

There are more charges that a broker charges for equity transactions.

Equity delivery charges: This means holding the stocks for a certain period of time and selling it when you make a profit. Different brokers charge different rates on Equity Delivery. The Equity Delivery charges for 5Paisa is Free, while Angel Broking charges you Free.

Equity Intraday: This means when you buy and sell stocks on the same day. So, the equity intraday brokerage charges for 5Paisa is Rs.20 Per Order and for Angel Broking also, it is Rs.20 Per Order.

Equity Futures: Equity futures refers to the purchase and sale of shares at a fixed price on a future date. 5Paisa charge Rs.20 Per Order and Angel Broking charge Rs.20 Per Order for equity futures.

Equity Options: These are contracts that allow an investor to buy or sell equities at a predetermined or strike price, (1 contract=100 shares). For equity options, 5Paisa charges Rs.20 Per Order, and Angel Broking charges Rs.20 Per Order.

Equity Brokerage Charges5PaisaAngel Broking
Equity Delivery BrokerageFreeFree
Equity Intraday BrokerageRs.20 Per OrderRs.20 Per Order
Equity Futures BrokerageRs.20 Per OrderRs.20 Per Order
Equity Options BrokerageRs.20 Per OrderRs.20 Per Order

5Paisa and Angel Broking Currency Brokerage Charges

Currency trading is also known as forex trading, which is used to buy and sell currency pairs. Most brokers offer this trading service.

Currency Future: It is also known as Foreign exchange futures. It is a type of contract where buying and selling of currencies is done on a future date at a fixed price. The Currency Futures Brokerage for 5Paisa is Rs.20 Per Order and for Angel Broking is Rs.20 Per Order.

Currency Options: A currency option, like an equity option, is a contract that allows a buyer the right (but not the responsibility) to purchase or sell a specified currency at a fixed exchange rate on or before a particular date. 5Paisa charges Rs.20 Per Order for currency options, whereas 5Paisa charges Rs.20 Per Order.

Currency Brokerage Charges5PaisaAngel Broking
Currency Futures BrokerageRs.20 Per OrderRs.20 Per Order
Currency Options BrokerageRs.20 Per OrderRs.20 Per Order

5Paisa and Angel Broking Commodity Brokerage Charges

Commodity Trading: Commodity trading involves the purchase and sale of various commodities such as gold, silver, agriculture, and energy, as well as their derivative products. 5Paisa charges Rs.20 Per Order for commodity trading, while Angel Broking charges Rs.20 Per Order.

Commodity Brokerage Charges5PaisaAngel Broking
Commodity Options BrokerageRs.20 Per OrderRs.20 Per Order

5Paisa and Angel Broking Other Charges

Here are some other broker charges that should know about -

Minimum Broker Charges: 5Paisa levies a minimum brokerage fee of Rs.20 Per Order, while Angel Broking charges Percentage of Transaction brokerage fee.

Transaction Brokerage Charges: 5Paisa levies a transaction brokerage charge of 0.00325% of Total Turnover, while Angel Broking charges 0.00325% of Total Turnover.

SEBI Turnover Charges: Securities and Exchange Board of India (SEBI) is the market regularly and monitors fair trade practices. They also charge a small fee known as the SEBI Turnover fee. So, the SEBI Turnover charges for 5Paisa is 0.0002% of Total Turnover and for 5Paisa is 0.0002% of Total Turnover.

Stamp Duty Charges: This fee is charged as per the state and asset class.

GST Charges (Goods and Services Tax): GST of 18% is charged (brokerage and transaction charges)

STT (Securities Transaction Tax): The STT charges for 5Paisa are 0.0126% of Total Turnover, while for Angel Broking, they are 0.0126% of Total Turnover.

Call and Trade Charges: This charge varies for different brokers. 5Paisa charges Rs 100 per call (any number of trades in a call) and Angel Broking charges Additional Rs 20 per executed order.

Other Brokerage Charges5PaisaAngel Broking
Minimum Brokerage ChargesRs.20 Per OrderPercentage of Transaction
Transaction Brokerage Charges0.00325% of Total Turnover0.00325% of Total Turnover
SEBI Turnover Charges0.0002% of Total Turnover0.0002% of Total Turnover
Stamp Duty ChargesAs per the stateAs per the state
GST Charges18% of (Brokerage + Transaction Charges)18% of (Brokerage + Transaction Charges)
STT Charges0.0126% of Total Turnover0.0126% of Total Turnover
Call and Trade ChargesRs 100 per call (any number of trades in a call)Additional Rs 20 per executed order

5Paisa and Angel Broking Equity Exposure/Leverage

With the leverage, you can trade for a much higher amount than you actually pay for it. It means to borrow money for buying securities. For example, if you want to buy stocks for Rs. 5,00,000, but have only funds of Rs. 2,00,000. Then, you can get the remaining 3,00,000 Rs. from the broker by paying them some margin amount.

Equity Delivery: Leverage provided for Equity Delivery by 5Paisa is up to Upto 5x and by Angel Broking it is up to Upto 20x.

Equity Intraday: Leverage for equity intraday by 5Paisa is up to Upto 35x and by Angel Broking it is up to Upto 40x.

Equity Futures: Leverage for Equity Futures by 5Paisa is up to Upto 8x and by Angel Broking it is up to Upto 10x.

Equity Options: Leverage for Equity Options by 5Paisa is up to Upto 12x and by Angel Broking also, it is up to Upto 10x.

Equity Leverage5PaisaAngel Broking
Equity DeliveryUpto 5xUpto 20x
Equity IntradayUpto 35xUpto 40x
Equity FuturesUpto 8xUpto 10x
Equity OptionsUpto 12xUpto 10x

5Paisa and Angel Broking Currency Leverage

The currency futures leverage provided by 5Paisa is up to Upto 6x, while for Angel Broking it is up to Upto 5x.

The currency options leverage provided by 5Paisa is up to Upto 10x, while for Angel Broking it is up to Upto 7x.

Currency Leverage5PaisaAngel Broking
Currency FuturesUpto 6xUpto 5x
Currency OptionsUpto 10xUpto 7x

5Paisa and Angel Broking Commodity Leverage

The commodity leverage provided by 5Paisa is up to Upto 10x, while for Angel Broking it is up to Upto 10x.

Commodity Leverage5PaisaAngel Broking
CommodityUpto 10xUpto 10x

5Paisa and Angel Broking Offers

Brokers offer various exciting offers to entice new customers. Here are some of them:

Free Stock Trading and Demat Accounts: many brokers offer new investors to open an account free to cost and start trading straight away with them.

Flexible Plans: attractive plans at an economical price such as ProStocks monthly plan targeting equity cash and currency F&O at Rs.899 and Rs.499, respectively.

Brokerage Discounts: Coupons providing up to 50% discount at their rates.

Happy Hours: A specific time slot where the trades/customers get broker's services at a discount.

1-month Free Plan: where brokers provide free delivery trading such as OneTradePlus.

Holiday Offers: brokers are providing their services at a discounted rate on special events such as Diwali.

Referral Program: brokers provide a discount when your family or friends sign up with the broker using your referral code.

Zero Brokerage on Loss Trade: complete refund of money on unsuccessful trades.

Offers5PaisaAngel Broking
Free Stock Trading AccountYesYes
Free Demat AccountNoYes
Flexible PlansNoYes
Brokerage DiscountsYesYes
Happy HoursNoNo
1 Month Free PlanNoNo
Holiday OffersNoYes
Referral ProgramNoYes
Zero Brokerage on Loss TradesNoNo

5Paisa and Angel Broking Features

Equity Trading: 5Paisa and Angel Broking brokers are among the top brokers in India. They provide you with various trading options like Equity Delivery, Equity Intraday and Equity Futures and Options trading.

Currency and Commodity Trading: 5Paisa and Angel Broking also offer you to trade in currency and commodities.

Initial Public Offering (IPOs): One of the greatest advantages of 5Paisa and Angel Broking broker is that you can also invest in IPOs. 5Paisa also has an added advantage that they provide you with robo-advisory services as well.

Trading Exposure: Different brokers provide different trading exposures. 5Paisa offers trading exposure of up to Upto 35x, while Angel Broking gives up to Upto 40x.

Mutual Funds: Investing in mutual funds is a great option to grow your wealth and many brokers offer the option to invest on that. With 5Paisa and Angel Broking, you can invest in mutual funds through SIP and Lumpsum.

Forex Trading: With Forex Trading, you can trade in various international currencies. 5Paisa and Angel Broking also allow you to trade in forex trading.

Features5PaisaAngel Broking
Equity Delivery TradingNoYes
Equity Intraday TradingYesYes
Equity Futures TradingNoYes
Equity Options TradingNoYes
Currency TradingNoYes
Commodity TradingNoYes
IPO (Initial public offering)NoYes
Stocks SuggestionsNoNo
Robo AdvisoryNoYes
PMS (Portfolio Management Services)NoYes
Trading InstitutionNoNo
Trading ExposureUpto 35xUpto 40x
Mutual FundsNoYes
SIP (Systematic Investment Plan)NoYes
Forex TradingNoNo
BankingNoNo
InsuranceNoNo

5Paisa and Angel Broking Advisory Services

Discount brokers and full-service brokers offer different services. Here are some of the top advisory services offered by brokers-

Fundamental Reports: These are the reports that analyse a company's financial statements and help investors and financial analysts make decisions about a company's present financial status.

Research Reports: Many broker companies have in-house research teams which are experienced and help people to give research reports on various securities like stocks, currency, mutual funds, etc. 5Paisa and Angel Broking offer you in-depth research reports.

Company Reports: These are detailed and easy-to-understand reports on the company's measures throughout the year, month, or week.

Relationship Manager: Full-service broker gives a dedicated relationship manager, who will clear all your trading queries and help you throughout your trading journey.

Other Services: Many brokers provide more services depending upon the brokerage price like Company Stock Reviews, Free Stock Tips, IPO Reports, Top Picks, Daily Market Reviews, Monthly Reports, Weekly Reports and Offline Advisory.

Advisory Services5PaisaAngel Broking
Fundamental ReportsNoYes
Research ReportsYesYes
Company ReportsNoYes
Annual ReportsNoYes
Company Stock ReviewNoYes
Free Stock TipsNoYes
IPO ReportsNoYes
Top PicksYesYes
Daily Market ReviewNoYes
Monthly ReportsNoYes
Weekly reportsNoYes
Offline AdvisoryNoYes
Relationship ManagerNoYes

5Paisa and Angel Broking Desktop Trading Platforms

A trader can utilise multiple trading platforms to trade in stocks, commodities, etc. A good and advanced trading platform can make your trading easier and result in profit maximization. 5Paisa and Angel Broking offer a Desktop Trading Platform with advanced tools, interactive charts, and quick buying and selling of securities. Their trading platforms can be used in Windows, Mac and Desktop browsers as well.

Desktop Trading Platforms5PaisaAngel Broking
WindowsYesYes
MacYesYes
Desktop BrowserYesYes

5Paisa and Angel Broking Mobile Trading Platforms

5Paisa and Angel Broking offer you mobile trading platforms which can be used in iOS and Android applications.

Mobile Trading Platforms5PaisaAngel Broking
Mobile BrowserYesNo
Android AppYesYes
iOS AppYesYes
Windows AppNoNo
Other mobile osNoNo

5Paisa and Angel Broking Customer Support

Customer service is a critical aspect in converting a new customer into a loyal and long-term customer. Because the trading market moves quickly, an investor requires appropriate customer assistance from their brokers. 5Paisa and Angel Broking give good customer support and service to their clients. They help you in online trading through chat support, e-mail support and call support.

Customer Support Features5PaisaAngel Broking
Relationship ManagerNoYes
Offline TradingNoNo
Online TradingYesYes
24 * 7 SupportYesYes
Email SupportYesYes
Chat SupportNoNo
Toll free numberNoNo
Support BranchesZero180

5Paisa and Angel Broking Customer Complaints

The BSE and NSE actively accept and handle complaints to maintain a stringent check and balance on fair-trade opportunities. Investors can file complaints about brokers or companies in case of any unfair trade practices. BSE and NSE make sure to resolve your complaints within a certain time. Check out the table below for 5Paisa and Angel Broking registered and resolved complaints.

For 5Paisa, the Percentage of resolved BSE complaints is 87.76 % and the Percentage of resolved NSE complaints is 97.46 %.

For Angel Broking, the Percentage of resolved BSE complaints is 100.00 % and the Percentage of resolved NSE complaints is 100.00 %.

We can say that 5Paisa is better than Angel Broking in case of resolving customer complaints.

BSE Complaints5PaisaAngel Broking
BSE Complaints98128
BSE Resolved Complaints86128
Percentage of resolved BSE complaints87.76 %100.00 %
NSE Complaints236196
NSE Resolved Complaints230196
Percentage of resolved NSE complaints97.46 %100.00 %
BSE/NSE Complaint vs. Resolved Percentage92.61 %100.00 %

Frequently Asked Questions


  1. Is 5Paisa better than Angel Broking?

    5Paisa is a discount broker and Angel Broking is a full service broker. You need to look for brokerage charges, account opening fees, trading platforms, etc. to determine which one is better.

  2. Is Angel Broking better than 5Paisa?

    Angel Broking is a full service broker and 5Paisa is a discount broker. As a result, we must examine features such as brokerage costs, account opening fees, trading platforms, and more to determine which of them is a better stockbroker.

  3. Which is cheaper between 5Paisa and Angel Broking?

    The brokerage charges for 5Paisa are on the cheaper side since it is a discount broker, while Angel Broking is a full-service broker. In general, the brokerage fees for both of them will be relatively similar. Examine the brokerage fees in-depth to determine the less expensive broker for your requirements.

  4. Which is better, 5Paisa and Angel Broking?

    To figure out which of the two stockbrokers, 5Paisa and Angel Broking, is better, compare their brokerage charges, trading platforms, other expenses, research, account opening charges, and so on.


Compare 5Paisa with other stock brokers

Visit the following pages to see a detailed comparision report of 5Paisa with other brokerage firms.


Compare Angel Broking with other stock brokers

Visit the following pages to see a detailed comparision report of Angel Broking with other brokerage firms.