Angel Broking Vs 5Paisa comparison brings direct values each stockbroker brings to its clients and at the same time, talks about the aspects where a particular broker fails against client expectations.
We will talk at length in this detailed review for your reference.
Everything about discount brokers such as 5Paisa is Online, be it – customer service, trading, account opening and so on.
On the other hand, Full-service brokers such as Angel Broking will help you, spoon feed you, handhold you through the process, even if you need an offline help, meet someone, talk to somebody and so on.
Choosing between the two depends on your preferences, your online appetite, your understanding of the stock market and so on.
To make things easy for you, we have listed out the comparison between Angel Broking Vs 5Paisa to help you find which of the two suits your needs better.
The comparison is made on various aspects such as:
Account Opening Charges
Exposure or Leverages
Generally, above-mentioned aspects are good enough to make a decision based on your preferences but feel free to let us know what more areas you would like us to cover. Most of the content has been vetted by the corresponding stock broking firms.
We hope this article helps you to understand which of the two brokers is better for your needs and which one to go for.
*NSE Complaints Percentage: Lower is this number, Better is the broker.
Before we complete this comparison, we think one quick understanding of brokerage charges is important.
Full-service stockbrokers charge brokerage as a percentage of your trading turnover. For instance, if you place a trade of ₹10,000 for Equity delivery and your broker charges 0.4% or 40 paise as brokerage. This would mean, you will be charged 0.40% of ₹10,000 i.e. ₹40 as the brokerage for that particular trade.
Discount brokers, on the other hand, charge a flat rate brokerage (could be ₹10, ₹20 etc) irrespective of the trade value.
Make sure you understand this difference and then take a call. Here is a brokerage calculator for your reference.
Have you in the past or are currently trading with any of the above stockbrokers? If yes, would you like to share your experience(s) with Angel Broking Vs 5Paisafor the benefits of other readers? Please feel free to share in the comments below.
Furthermore, in case you are looking to get started with stock market trading or investments in general, let us assist you in taking the next steps forward.
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