Top Stock Advisory
Angel Broking vs. Lse Securities
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 Angel Broking and Lse Securities. Please find a thorough comparison study for both the stock brokers, and find the table below for the comparison of Angel Broking and Lse Securities.
Overview
Angel Broking are Lse Securities both private companies and both are full service broker as well. Dinesh Thakkar co-founded Angel Broking in 1987. And Lse Securities was founded in the year 1981 by S.P. Oswal & B.M. Munjal. Angel Broking's headquarters are in Mumbai, India and Lse Securities's headquarters are in Ludhiana, Punjab.
Angel Broking and Lse Securities both are full service broker as well. Angel Broking is registered in BSE, NSE, MCX, NCDEX, while Lse Securities is registered in NA. The total branches of Angel Broking are 900 and the Lse Securities branches are Nil.
| Overview | Angel Broking | Lse Securities |
|---|---|---|
| Broker Type | Full Service Broker | Full Service Broker |
| Type of company | Private | Private |
| Headquarter | Mumbai, India | Ludhiana, Punjab |
| Founders | Dinesh Thakkar | S.P. Oswal & B.M. Munjal |
| Foundation Year | 1987 | 1981 |
| Supported Exchanges | BSE, NSE, MCX, NCDEX | NA |
| Total branches | 900 | Nil |
Angel Broking and Lse Securities 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 Angel Broking charging Zero and Lse Securities charging Free.
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 Angel Broking Demat account is Free or Rs.300 per Annum and for the Lse Securities Demat account is Free or Rs.250 per Annum. The Trading AMC for Angel Broking and Lse Securities 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 Angel Broking and Lse Securities is CDSL.
| Account Opening and Demat Charges | Angel Broking | Lse Securities |
|---|---|---|
| Trading Account Opening Charges | Zero | Free |
| Demat AMC (Annual Maintenance Charges) | Free or Rs.300 per Annum | Free or Rs.250 per Annum |
| Trading AMC (Annual Maintenance Charges) | Free | Free |
| Margin Money | Zero Margin | Rs.10,000 |
| Offline to Online Charges | Yes | Yes |
| Depository | CDSL | CDSL & NSDL |
Angel Broking and Lse Securities 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 Angel Broking is Free, while Lse Securities charges you 0.30%.
Equity Intraday: This means when you buy and sell stocks on the same day. So, the equity intraday brokerage charges for Angel Broking is Rs.20 Per Order and for Lse Securities also, it is 0.03%.
Equity Futures: Equity futures refers to the purchase and sale of shares at a fixed price on a future date. Angel Broking charge Rs.20 Per Order and Lse Securities charge 0.03% 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, Angel Broking charges Rs.20 Per Order, and Lse Securities charges Rs.110 per Lot.
| Equity Brokerage Charges | Angel Broking | Lse Securities |
|---|---|---|
| Equity Delivery Brokerage | Free | 0.30% |
| Equity Intraday Brokerage | Rs.20 Per Order | 0.03% |
| Equity Futures Brokerage | Rs.20 Per Order | 0.03% |
| Equity Options Brokerage | Rs.20 Per Order | Rs.110 per Lot |
Angel Broking and Lse Securities 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 Angel Broking is Rs.20 Per Order and for Lse Securities is 0.03%.
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. Angel Broking charges Rs.20 Per Order for currency options, whereas Angel Broking charges Rs.30 per Lot.
| Currency Brokerage Charges | Angel Broking | Lse Securities |
|---|---|---|
| Currency Futures Brokerage | Rs.20 Per Order | 0.03% |
| Currency Options Brokerage | Rs.20 Per Order | Rs.30 per Lot |
Angel Broking and Lse Securities 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. Angel Broking charges Rs.20 Per Order for commodity trading, while Lse Securities charges 0.03%.
| Commodity Brokerage Charges | Angel Broking | Lse Securities |
|---|---|---|
| Commodity Options Brokerage | Rs.20 Per Order | 0.03% |
Angel Broking and Lse Securities Other Charges
Here are some other broker charges that should know about -
Minimum Broker Charges: Angel Broking levies a minimum brokerage fee of Percentage of Transaction, while Lse Securities charges Rs.15 brokerage fee.
Transaction Brokerage Charges: Angel Broking levies a transaction brokerage charge of 0.00325% of Total Turnover, while Lse Securities charges 0.00315% 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 Angel Broking is 0.0002% of Total Turnover and for Angel Broking is 0.0007% 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 Angel Broking are 0.0126% of Total Turnover, while for Lse Securities, they are 0.0112% of Total Turnover.
Call and Trade Charges: This charge varies for different brokers. Angel Broking charges Additional Rs 20 per executed order and Lse Securities charges NA.
| Other Brokerage Charges | Angel Broking | Lse Securities |
|---|---|---|
| Minimum Brokerage Charges | Percentage of Transaction | Rs.15 | Transaction Brokerage Charges | 0.00325% of Total Turnover | 0.00315% of Total Turnover | SEBI Turnover Charges | 0.0002% of Total Turnover | 0.0007% of Total Turnover | Stamp Duty Charges | As per the state | As per the state | GST Charges | 18% of (Brokerage + Transaction Charges) | 18% of (Brokerage + Transaction Charges) | STT Charges | 0.0126% of Total Turnover | 0.0112% of Total Turnover | Call and Trade Charges | Additional Rs 20 per executed order | NA |
Angel Broking and Lse Securities 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 Angel Broking is up to Upto 20x and by Lse Securities it is up to Upto 1x.
Equity Intraday: Leverage for equity intraday by Angel Broking is up to Upto 40x and by Lse Securities it is up to Upto 6x.
Equity Futures: Leverage for Equity Futures by Angel Broking is up to Upto 10x and by Lse Securities it is up to Upto 2x.
Equity Options: Leverage for Equity Options by Angel Broking is up to Upto 10x and by Lse Securities also, it is up to Upto 3x.
| Equity Leverage | Angel Broking | Lse Securities |
|---|---|---|
| Equity Delivery | Upto 20x | Upto 1x | Equity Intraday | Upto 40x | Upto 6x | Equity Futures | Upto 10x | Upto 2x | Equity Options | Upto 10x | Upto 3x |
Angel Broking and Lse Securities Currency Leverage
The currency futures leverage provided by Angel Broking is up to Upto 5x, while for Lse Securities it is up to Upto 1x.
The currency options leverage provided by Angel Broking is up to Upto 7x, while for Lse Securities it is up to Upto 1x.
| Currency Leverage | Angel Broking | Lse Securities |
|---|---|---|
| Currency Futures | Upto 5x | Upto 1x | Currency Options | Upto 7x | Upto 1x |
Angel Broking and Lse Securities Commodity Leverage
The commodity leverage provided by Angel Broking is up to Upto 10x, while for Lse Securities it is up to Upto 1x.
| Commodity Leverage | Angel Broking | Lse Securities |
|---|---|---|
| Commodity | Upto 10x | Upto 1x |
Angel Broking and Lse Securities 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.
| Offers | Angel Broking | Lse Securities |
|---|---|---|
| Free Stock Trading Account | Yes | Yes | Free Demat Account | Yes | Yes | Flexible Plans | Yes | Yes | Brokerage Discounts | Yes | Yes | Happy Hours | No | No | 1 Month Free Plan | No | No | Holiday Offers | Yes | No | Referral Program | Yes | No | Zero Brokerage on Loss Trades | No | No |
Angel Broking and Lse Securities Features
Equity Trading: Angel Broking and Lse Securities 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: Angel Broking and Lse Securities also offer you to trade in currency and commodities.
Initial Public Offering (IPOs): One of the greatest advantages of Angel Broking and Lse Securities broker is that you can also invest in IPOs. Angel Broking also has an added advantage that they provide you with robo-advisory services as well.
Trading Exposure: Different brokers provide different trading exposures. Angel Broking offers trading exposure of up to Upto 40x, while Lse Securities gives up to Upto 6x.
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 Angel Broking and Lse Securities, you can invest in mutual funds through SIP and Lumpsum.
Forex Trading: With Forex Trading, you can trade in various international currencies. Angel Broking and Lse Securities also allow you to trade in forex trading.
| Features | Angel Broking | Lse Securities |
|---|---|---|
| Equity Delivery Trading | Yes | Yes | Equity Intraday Trading | Yes | Yes | Equity Futures Trading | Yes | Yes | Equity Options Trading | Yes | Yes | Currency Trading | Yes | Yes |
| Commodity Trading | Yes | Yes | IPO (Initial public offering) | Yes | Yes | Stocks Suggestions | No | No | Robo Advisory | Yes | No | PMS (Portfolio Management Services) | Yes | No |
| Trading Institution | No | No | Trading Exposure | Upto 40x | Upto 6x | Mutual Funds | Yes | No | SIP (Systematic Investment Plan) | Yes | No | Forex Trading | No | No | Banking | No | No | Insurance | No | No |
Angel Broking and Lse Securities 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. Angel Broking and Lse Securities 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 Services | Angel Broking | Lse Securities |
|---|---|---|
| Fundamental Reports | Yes | No |
| Research Reports | Yes | No |
| Company Reports | Yes | No |
| Annual Reports | Yes | No |
| Company Stock Review | Yes | No |
| Free Stock Tips | Yes | Yes |
| IPO Reports | Yes | No |
| Top Picks | Yes | Yes |
| Daily Market Review | Yes | No |
| Monthly Reports | Yes | No |
| Weekly reports | Yes | No |
| Offline Advisory | Yes | No |
| Relationship Manager | Yes | Yes |
Angel Broking and Lse Securities 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. Angel Broking and Lse Securities 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 Platforms | Angel Broking | Lse Securities |
|---|---|---|
| Windows | Yes | Yes |
| Mac | Yes | Yes |
| Desktop Browser | Yes | No |
Angel Broking and Lse Securities Mobile Trading Platforms
Angel Broking and Lse Securities offer you mobile trading platforms which can be used in iOS and Android applications.
| Mobile Trading Platforms | Angel Broking | Lse Securities |
|---|---|---|
| Mobile Browser | No | No |
| Android App | Yes | No |
| iOS App | Yes | No |
| Windows App | No | No |
| Other mobile os | No | No |
Angel Broking and Lse Securities 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. Angel Broking and Lse Securities 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 Features | Angel Broking | Lse Securities |
|---|---|---|
| Relationship Manager | Yes | Yes |
| Offline Trading | No | Yes |
| Online Trading | Yes | No |
| 24 * 7 Support | Yes | No |
| Email Support | Yes | Yes |
| Chat Support | No | No |
| Toll free number | No | No |
| Support Branches | 180 | 9 |
Angel Broking and Lse Securities 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 Angel Broking and Lse Securities registered and resolved complaints.
For Angel Broking, the Percentage of resolved BSE complaints is 100.00 % and the Percentage of resolved NSE complaints is 100.00 %.
For Lse Securities, the Percentage of resolved BSE complaints is 86.36 % and the Percentage of resolved NSE complaints is 89.47 %.
We can say that Angel Broking is better than Lse Securities in case of resolving customer complaints.
| BSE Complaints | Angel Broking | Lse Securities |
|---|---|---|
| BSE Complaints | 128 | 22 |
| BSE Resolved Complaints | 128 | 19 |
| Percentage of resolved BSE complaints | 100.00 % | 86.36 % |
| NSE Complaints | 196 | 38 |
| NSE Resolved Complaints | 196 | 34 |
| Percentage of resolved NSE complaints | 100.00 % | 89.47 % |
| BSE/NSE Complaint vs. Resolved Percentage | 100.00 % | 87.92 % |
Frequently Asked Questions
Is Angel Broking better than Lse Securities?
Angel Broking and Lse Securities are at the top among the best full service brokers. You need to look for brokerage charges, account opening fees, trading platforms, etc. to determine which one is better.
Is Lse Securities better than Angel Broking?
Lse Securities and Angel Broking are at the top among the best full service brokers. 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.
Which is cheaper between Angel Broking and Lse Securities?
Angel Broking and operate as full-service brokers, generally resulting in higher brokerage charges compared to discount brokers. 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.
Which is better, Angel Broking and Lse Securities?
To figure out which of the two stockbrokers, Angel Broking and Lse Securities, is better, compare their brokerage charges, trading platforms, other expenses, research, account opening charges, and so on.
Compare Angel Broking with other stock brokers
Visit the following pages to see a detailed comparision report of Angel Broking with other brokerage firms.
Compare Lse Securities with other stock brokers
Visit the following pages to see a detailed comparision report of Lse Securities with other brokerage firms.