Angel One vs SBI Securities Reviews 2024 | Which Is Better
|Angel One vs SBI Securities
Discount Broker Angel One was founded in 1987. It provides trading on the The National Commodity and Derivatives Exchange (NCDEX) ,Multi Commodity Exchange (MCX), NSE (national stock exchange) ,and BSE ( Bombay stock exchange) .There are 900 of its branches in India. Full Service Broker SBI Securities was founded in 2006. It provides trading on the The, Multi Commodity Exchange, NSE (national stock exchange) ,and BSE ( Bombay stock exchange) .There are 132 of its branches in India
Angel One
Angel One Review: A full-service retail broker with online discount brokerage services,
is one of the biggest in India and was founded in 1987. In addition to stock and commodities
broking, margin finance, loans secured by shares, and distribution of financial goods, the
company provides a comprehensive variety of trading and investing services. With more
than 19,000 authorised individuals, 110 branches, and 10,000 trade terminals spread across
more than 1700 cities, Angel One has a significant local presence.
SBI Securities
SBI Securities Ltd (SSL) is the State Bank Group’s stock broking arm and a 100%
subsidiary of SBI Capital Markets Ltd. SSL is a full-service stockbroker. The company,
founded in 2006, provides Institutional Equity, Retail Equity, Derivatives, Broking, Depository
services, and Third Party Distribution products. They also offer online trading services for
investors and traders.
Also SBI Smart is the company’s premier trading platform. The portal enables both resident
and non-resident Indians (NRIs) to invest online in equity, derivatives, mutual funds, ETFs,
IPOs, and NCDs. It also provides financing products such as home loans, car loans, and
loans against securities (LAS). SSL is registered with the Securities Exchange Board of India
and is a Depository Participant with NSDL and CDSL.
Kotak Securities, founded in 1994, is a full-service broker. It offers trading on the BSE, NSE,
MCX, and NCDEX. It operates 153 branches across India. SBI Securities, founded in 2001,
is a full-service broker. It offers trading on the BSE and NSE. It operates 117 branches
across India.
Angel One | SBI Securities | |
Establishment Year | 1987 | 2006 |
Founder | DineshThkkar | Arun Mehta |
Exchange of Membership | MCX, NCDEX and BSE ,NSE. | BSE & NSE. |
Broker Type | Full Service Broker | Full Service Broker |
Branches | 900 | 132 |
Angel One vs SBI Securities Charges
Angel One vs SBI Securities Offers
Offers | Angel One | SBI Securities |
Free AMC | 1st Year Free Rs.240 From 2nd Year Onwards | |
Free Brokerage | ||
Free Account Opening Charge | ||
Flat Brokerage Charges | , Limited | |
Flexible Brokerage Charges | ||
Free Intraday Charges | [ | |
Delivery Charges | ||
Margin Funding and Pledging | ||
Refferal Offers | Upto Rs.1000 Per Client | Upto Rs.700 per Client |
Zero brokerage for Loss Making Trade | , Limited | |
Brokerage Cashback | ||
Free Trading Calls | ||
Free Research Report | ||
Angel One vs SBI Securities Product Provided
Angel One vs SBI Securities Advisory Services Provided
Features Of Angel One vs SBI Securities
Angel One vs SBI Securities Demat And AMC Charges
Angel One, renowned for its affordable brokerage fees and intuitive interfaces, provides competitive trading and DEMAT account services. The DEMAT account has an annual maintenance fee of ₹240, however account opening is free. 20% of the completed order, or ₹20, is the brokerage, whichever is less. Although some
customers praise its research and advice services, there are occasionally technical problems with the trading software. . SBI Securities account opening fees are Rs 850. SBI Securities Demat Account AMC Charges are Rs 750 (free for the first year). Below the table shows Charges of both the platform.
Charges | Angel One | SBI Securities |
Demat Account Opening Charges | Rs.0 (Free) | Rs 850 |
Demat Account AMC Charges | Rs 240 on 2nd year onwords | 750 (Free for 1st Year) |
Trading Account Opening Charges | Rs. 0 (Free) | Rs 850 |
Trading Account AMC Charges | Rs. 0 (Free) | Rs 850 |
Angel One vs SBI Securities Brokerage Charges
Angel One charges no brokerage fees for stock On Delivery whereas SBI Securities offers equity delivery trades at 0.50%, intraday at 0.05%, futures at 0.05%, and options priced at ₹100 per lot. Kotak is typically more cost-effective for options trading and high-volume traders, but SBI may be more expensive for frequent traders. Both platforms impose additional fees such as STT, GST, and transaction fees.
Angel One vs SBI Securities Leverage (Margin)
Angel offers up to 20% of the trade value (5x leverage) for intraday cash transactions, whereas One margin for intraday trading allows up to 20% of the trade value (5x leverage) depending on the stock, while the SBI Securities margin for intraday cash is likewise up to 20% of the trade value (5x leverage). Below the table shows some of its margin leverage
Angel One vs SBI Securities Pros And Cons
Pros:
Angel One | SBI Securities |
1)The brokerage fee is Rs 20 per trade inintraday and F&O. 2)Equity delivery trades with brokerage fees. 3)Free trading advice and research reports. 4) Securities are provided for collateral andthere is a margin trading facility. 5)Don’t impose fees on NEFT or moneytransfers. (Some charge about Rs. 10 each 6)RM/local subbroker services availableeven at bargain brokerages. 7)Ability to contact RM in case of problems(Other well-known brokers). 8) Charges just Rs 20 for intraday square-offand call and trade (others charge Rs 50). Others do not provide free stock and mutualfund advice or ideas . | 1)It Offer a 3-in-1 account foreasy transactions. 2) A wide variety of investingopportunities. Free researchreports are accessible. 3) Full-service broker thatprovides services both onlineand through branches. |
Cons:
Angel One | SBI Securities |
1)The trading of SME shares is not provided viaangel broking. 2)The sales staff and Angel RM attempt tocross-sell additional goods and services. 3)There is no GTC/GTT order facility available.not available as a 3-in-1 account. | 1)Full-service broker thatprovides services both onlineand through branches. 2) Offer a 3-in-1 account foreasy transactions. 3) A wide variety of investingopportunities. Free researchreports are available. |
Complaints Of Angel One vs SBI Securities
Data from 2024 reveals that Angel One had more customer complaints than HDFC Securities when
comparing the two companies. In particular, Angel One received 554 complaints and resolved 457 whereas SBI Securities received 180 complaints and resolved 161. This shows that SBI Securities performs better in terms of customer service than Kotak Securities . as seen by the fact that it has a higher complaint resolution rate and fewer complaints overall.
Angel One vs SBI Securities Transactions Charges
Below the table shows Equity Intraday, Equity Delivery, Equity Option , Future and
Commodity options/ Future and Currency Option/Future Transaction charges of both the
platform.
Review Comparison Of Angel One vs SBI Securities By Customer
Angel One is rated 8.5 of 10 , whereas SBI Securities is rated 7 of 10
Rating | Angel One | SBI Securities |
Brokerage | 8/10 | 7/10 |
Customers Service | 9/10 | 7.5/10 |
Fees | 8/10 | 7/10 |
Trading Platform | 8.5/10 | 7.5/10 |
Research | 8/10 | 810 |
Broker Rating | 8/10 | 7/10 |
Overall Rating | 9/10 | 7.5/10 |
Conclusion: Angel One is well-known for providing both novice and seasoned traders with a wealth of research tools, individualised advising services, and a robust offline presence. SBI Securities, supported by the State Bank of India, offers dependable services at cheap broking fees and high customer confidence.
While its platform is not as advanced as Kotak’s, it provides full banking and trading
integration. Choosing between them is based on the importance of sophisticated features
versus cost-efficiency and trust.
Customer Care Number/Email
Angel One: (1800 1020)
SBI Securities:- 022-42273373
Client can contact this number for clearing your doubt.
Kotak Securities Support Email: service.securities@kotak.com
SBI Securities Support Email :- helpdesk@sbicapsec.co
Client can contact on this email for clearing your doubt.