In recent years, stock market investments have witnessed a noticeable rise. More people are now recognising the potential for wealth creation. To this date, the total number of demat accounts has risen to 17 crore, with an average of 31 lakh new accounts added every month.
However, when it comes to earning profits from the stock market, certain charges can impact your return's value—brokerage fees and charges are part of it.
After knowing this, one question might have popped up in your mind.
Is there any way through which you can calculate the brokerage charges?
Certainly, yes.
To navigate these charges, the Angle One Brokerage Calculator is a tool that can help you greatly.
Table of Contents
- What's Angle One Brokerage Calculator?
- Angel One Brokerage Charges
- How does the Angel One Brokerage Calculator work?
- Angel One vs Groww: Who charges more?
Angle One Ltd. is a full-service broker in India that started as a traditional stock brokerage firm in 1996. By the end of 2021, the company became the largest listed retail broking house in India in terms of active clients on the NSE. It provides investment and trading services at the cost of discounted brokers. As of August 2024, it had an active client base of around 71 lakh.
What's Angle One Brokerage Calculator?
The Angle One Brokerage Calculator is an invaluable tool for determining how much you will earn from your returns.
It lets you trade in:
- Equity
- F&O
- Commodities
- Currencies
It comprehensively calculates costs such as GST, transaction charges, state-specific stamp duties, Securities Transaction Tax (STT), Commodities Transaction Tax (CTT), SEBI turnover fees, and Depository Participant (DP) charges. By measuring these critical parameters, you can see the true impact on your net profit or loss.
Angel One Brokerage Charges
The first and foremost detail that you need to know about any broker is its account opening and maintenance charges.
Category |
Charges |
Account Opening Fees |
₹0 |
Account Maintenance Charges (AMC) |
₹240 |
The other charges for different trades are provided in the table below:
Category |
Equity Intraday |
Equity Delivery |
Equity Futures |
Equity Options |
Brokerage Charges* |
Lower of 0.03% or ₹20 on order value |
₹0 |
Lower of 0.25% or ₹20 on order value |
Lower of ₹20 or 0.25% per order |
*Brokerage Charges– it charges ₹0 for first 30 days
How Does the Angel One Brokerage Calculator Work?
Understanding the brokerage charges is just the first step. It is also important to learn how this brokerage calculator works for different trades. You can see what the Angel One Brokerage Calculator looks like from the image added below.
Let’s understand how this tool simplifies calculating fees across various trades one by one.
1. For Intraday
To make things clearer regarding the charges for intraday, let’s take an example:
- Order Type: Intraday
- Exchange: NSE
- Quantity: 100 shares
- Buy Price: ₹1,000
- Sell Price: ₹2,000
Category |
Charges |
Brokerage Charges |
₹40 |
STT |
₹50.00 |
Transaction Charges |
₹9.66 |
DP Charges |
₹0.00 |
State Stamp Duty |
₹3 |
SEBI Turnover Fees |
₹0.30 |
GST |
₹8.99 |
Total Taxes & Charges |
₹111.95 |
Net Buy Value |
₹1,00,000 |
Net Sell Value |
₹2,00,000 |
Points to Breakeven |
₹1.11 |
Net P&L |
₹99,888.05 |
Let's understand these in detail:
Net Buy Value |
Quantity × Buy Price |
100 x ₹1,000 = ₹1,00,000 |
Net Sell Value |
Quantity × Sell Price |
100 x ₹2,000 = ₹2,00,000 |
Turnover |
Net Buy Value + Net Sell Value |
₹3,00,000 |
Brokerage Charges |
Buy+Sell |
₹40 |
STT |
0.025% of the sell value |
0.025% × ₹2,00,000 = ₹50.00 |
Transaction Charges |
0.00322% of the total turnover |
0.00322% × ₹3,00,000 = ₹9.66 |
Stamp Duty |
0.003% on net buy value |
0.003% × ₹1,00,000 = ₹3 |
SEBI Turnover Fees |
₹10 per crore of total turnover |
₹0.30 |
GST |
18% on the sum of brokerage + transaction charges + SEBI charges |
18% × (₹40 + ₹9.66 + ₹0.3) = ₹8.99 |
Total Taxes and Charges |
The sum of all the above charges |
₹40 + ₹50 + ₹9.66 + ₹3 + ₹0.3 + ₹8.99 = ₹111.95 |
Net P&L |
Net Sell Value - Net Buy Value - Total Taxes and Charges |
₹2,00,000 - ₹1,00,000 - ₹111.95 = ₹99,888.05 |
The detailed breakdown of all charges has probably provided you with a clear understanding of the net profits and breakeven points for intraday transactions.
2. For Equity Delivery
Here’s an example of the brokerage charges for equity delivery with Angle One.
- Order Type: Delivery
- Exchange: NSE
- Quantity: 100 shares
- Buy Price: ₹1,000
- Sell Price: ₹2,000
Category |
Charges |
Brokerage Charges |
₹0.00 |
STT/CTT |
₹300.00 |
Transaction Charges |
₹9.66 |
DP Charges |
₹20 |
State Stamp Duty |
₹15.00 |
SEBI Turnover Fees |
₹0.30 |
GST |
₹1.74 |
Total Taxes and Charges |
₹346.7 |
Net Buy Value |
₹1,00,000 |
Net Sell Value |
₹2,00,000 |
Points to Breakeven |
₹3.46 |
Net P&L |
₹99,653.3 |
Let's understand them in detail
Net Buy Value |
Quantity × Buy Price |
100 x ₹1,000 = ₹1,00,000 |
Net Sell Value |
Quantity × Sell Price |
100 x ₹2,000 = ₹2,00,000 |
Turnover |
Net Buy Value + Net Sell Value |
₹3,00,000 |
Brokerage Charges |
- |
₹0 for delivery trades |
STT |
0.1% on both buy and sell value |
0.1% × ₹3,00,000 = ₹300 |
Transaction Charges |
0.00322% of the total turnover |
0.00322% × ₹3,00,000 = ₹9.66 |
Stamp Duty |
0.015% on net buy value | 0.015% × ₹1,000,000 = ₹15 |
SEBI Turnover Fees |
₹10 per crore of total turnover |
₹0.30 |
GST |
18% on the sum of brokerage + transaction charges + SEBI charges | 18% × (₹0 + ₹9.66 + ₹0.3) = ₹1.74 |
Total Taxes and Charges |
The sum of all the above charges |
₹0 + ₹300 + ₹9.66 + ₹20 + ₹15 + ₹0.3 + ₹1.74 = ₹346.7 |
Net P&L |
Net Sell Value - Net Buy Value - Total Taxes and Charges |
₹2,00,000 - ₹1,00,000- ₹346.7 = ₹99,653.3 |
Understanding the brokerage charges for delivery trades with Angle One allows you to better assess your potential profits and manage your investments effectively.
Angel One vs Groww: Who Charges More?
When comparing brokerage charges between Angel One and Groww, it's important to break down how each platform imposes fees across various trading segments. Both platforms offer competitive rates, but they differ in terms of charges and the value they provide to traders.
To fully get their fee insights on your investments, here's a simplified brokerage breakdown example:
Suppose you are trading 100 shares with Angel One and Groww in the equity delivery segment.
Assuming, buy price = ₹1,000 and sell price = ₹1,500 and, exchange = NSE
Total Turnover = Total Buy Value + Total Sell Value = (100 x ₹1,000) + (100 x ₹1,500): ₹1,00,000 + ₹1,50,000 = ₹2,50,000
Category |
Angel One |
Groww |
Brokerage Charges |
₹0 |
₹0 |
STT |
0.1% on both buy and sell |
Same as Angel One's |
Transaction Charges |
0.00322% of total turnover |
0.00325% of total turnover = 0.00325% × ₹2,50,000 |
DP Charges |
₹20 (only on the sell side) |
₹15.5 per scrip (on sell side) |
Stamp Duty |
0.015% on buy value |
Same as Angel One’s |
SEBI Turnover Fees |
₹10 per crore |
Same as Angel One’s |
GST |
18% on brokerage + transaction charges |
18% on transaction charges |
Total Charges |
₹294.75 |
₹290.33 |
Conclusion
Both Angel One and Groww offer zero brokerage on equity delivery trades, but small differences exist in other charges, such as DP fees and transaction charges. Based on the above total charges calculated for both brokers, Groww would save you a small amount in this specific scenario.
However, if you know your trading style, you can effectively decide which of these two brokers can help you trade better. Angel One provides a more feature-rich platform with advanced research tools, whereas Groww is known for its user-friendly interface, offering simplicity and ease of use. So, the choice ultimately depends on your investment goals and platform preferences.
Note:
If you want to know how to open the Angel One Demat account, click on the link to read the guide. Also, know the complete review of Angel One.