Well, as you would already know that Angel Broking works on a hybrid stockbroking model where it provides all facilities of a full-service broker but offers everything at a discount broker rate.
Here are the Angel Broking Equity Intraday Brokerage Charges for your reference:
Angel Broking Equity Intraday Charges
Rs.20 per completed order
STT (Securities Transaction Tax)
NSE: 0.00335%/ trade (buy and sell)
NSE: 0.00275% On Turnover Value (Buy & Sell)
BSE: the charges change depending upon the scrip group.
Rs. 5 per crore
Stamp duty Charges
0.003% (of the turnover value)
Now, as the table explains above, the Angel Broking Equity Intraday Brokerage Charges are capped at INR 20. Remember, these Angel Broking Intraday charges are at the trade level and thus, if you buy and then sell shares of a specific company, brokerage charges will be applied both times.
At the same time, it needs to be understood that but there are few other minor charges applied by different statutory bodies such as NSE, BSE, SEBI, State Government, Central Government, and so on.
Angel Broking Equity Intraday Brokerage Charges Example
You know what, let’s take an example.
For instance, you bought 100 shares of Infosys at a price of 800 per share. Within the next 10 minutes, the share price moved to 810.
You went ahead and sold off all those shares. Thus, in that case, you will be paying INR 20 when you bought and then the same amount when you sold off these shares, taking the total amount to INR 40 as far as the brokerage is concerned.