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Angel One Brokerage Calculator: Calculate and Save on Trading

Created on 30 Sep 2024

Wraps up in 6 Min

Read by 682 people

Updated on 01 Oct 2024

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

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:

  1. Equity
  2. F&O
  3. Commodities
  4. 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.

Angle One Brokerage Calculator - Finology Select

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
= 0.1% of (100 x ₹1,000) + 0.1% of (100 x ₹1,500)
= ₹250

Same as Angel One's
= ₹250

Transaction Charges

0.00322% of total turnover
= 0.00322% × ₹2,50,000
= ₹8.05

0.00325% of total turnover = 0.00325% × ₹2,50,000
= ₹8.12

DP Charges

₹20 (only on the sell side)

₹15.5 per scrip (on sell side)

Stamp Duty

0.015% on buy value
= 0.015% × (100 x ₹1,000)
= ₹15

Same as Angel One’s
= ₹15

SEBI Turnover Fees

₹10 per crore
= ₹10 × (₹2,50,000 / ₹1,00,00,000)
= ₹0.25

Same as Angel One’s
= ₹0.25

GST

18% on brokerage + transaction charges
= 18% of (₹0 + ₹8.05)
= ₹1.45

18% on transaction charges
= 18% of ₹8.12
= ₹1.46

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.