5Paisa and Angel Broking In-Depth Comparison
5PAISA VS ANGEL BROKING:
Both of these are famous and leading companies in the share market. Traders are investing in these companies for several decades. But a detailed comparative study on 5Paisa vs Angel Broking will clear the concept of their different charges and facilities. It would help if you went through these before investing in a particular.
Angel Broking (founded in 1987) is a part of Angel Group that provides customized wealth management and investment options to its customers — currently being operated on a pan-India basis in 900 cities with 8500 sub-brokers and around a million customers.
Whereas, 5Paisa is a legendary name in the discount broking industry offering ‘Lowest Brokerage Charge in India’ (flat 20 Rupees brokerage fees). Also, they offer almost all investment products to their investors, including all varieties of insurance products.
Specification:
5Paisa:
- Offers free mutual fund advisory & brokerage.
- Flat brokerage fee @INR. 20/-.
- Online term insurance is available as other investment options.
- Paperless account opening facility enabled only with Aadhaar.
- It offers one of the best technological platforms for trading.
- Robot enabled platform for investment advising and trading.
Angel Broking:
- Delivery trading is free. Apart from that, all segments have flat INR. 20/- per trade.
- Offers special discount plans for online investors.
- Angel Broking has access to all market segments on BSE, NSE, MCX & NCDEX.
- Daily update facility is available for investors with every market research details.
- Customer support facility enabled through Customer help desk, local branches, E-Mail support, Live chat & SMS (USSD) enabled.
Observation: On Service:
In light of the service quality rating we have summed up the information about 5Paisa & Angel Broking as hereunder:
| Particulars | 5paisa | Angel Broking |
| General Rating | 4 marks out of 5 | 4.5 marks out of 5 |
| Rating on Brokerage Charges | 4 marks out of 5 | 4.5 marks out of 5 |
| Rating on Trading Platform | 4 marks out of 5 | 4.5 marks out of 5 |
| Rating on Investments Offering | 4 marks out of 5 | 5 marks out of 5 |
| Rating on Customer Service | 4 marks out of 5 | 4 marks out of 5 |
| Kind of Broker | Discount Broker | All-service Broker |
| Enlistment under SE | BSE, NSE | BSE, NSE, MCX, NCDEX |
Observation: Account opening charge & AMC:
Account opening and AMC is a thing to know before you start trading. Assessing the information related to Account opening charge & AMC we can compare 5Paisa & Angel Broking as below:
| Particulars | 5paisa | Angel Broking |
| Fees for Trading Account | 650 Rupees | Free of cost |
| Fees for Trading AMC | Free of cost | Free of cost |
| Fees for DEMAT Account | Free of cost | Free of cost |
| Fees for DEMAT AMC | 45 Rupees per month if Trade, else Zero | 2500 Rupees Lifetime AMC |
| Provide Depository Participant service | AVAILABLE | AVAILABLE |
Observation: Plans for Brokerage:
Considering the brokerage plan offering we have summarized the information in this below-mentioned table. This detailed study table shows the availability of plans regarding brokerage of these two organizations.
| Plan Types | 5paisa | Angel Broking |
| Multiple Plans | Not available | Not Available |
| Monthly Plans | Not available | Not Available |
| Yearly Plans | Not Available | Not Available |
Observation: Charge for Brokerage:
All brokerage charges, offered by them, are also available in a large variety. This thing always influences your trading experience. Based on the brokerage charge we have compared 5Paisa & Angel Broking as mentioned below:
| Particulars | 5paisa | Angel Broking |
| Plan Name | Flat Fee 20 Rupees Trading Plan | Angel iTrade Prime Plan |
| Equity Delivery | Flat Fee 20 Rupees | Free |
| Equity Intraday | Flat Fee 20 Rupees | Flat Fee 20 Rupees |
| Equity Futures | Flat Fee 20 Rupees | Flat Fee 20 Rupees |
| Equity Options | Flat Fee 20 Rupees | Flat Fee 20 Rupees |
| Currency Futures | Flat Fee 20 Rupees | Flat Fee 20 Rupees |
| Currency Options | Flat Fee 20 Rupees | Flat Fee 20 Rupees |
| Commodity Trading | Flat Fee 20 Rupees | Flat Fee 20 Rupees |
| Minimum Brokerage | NA | NIL |
| Hidden Charges | No | Info Not Available |
| Funding | Yes – 18% interest PA | Yes – 18% interest PA |
| Call & Trade Charges | 100 Rupees per call (No limit of orders) | Info Not Available |
Observation: Order Types:
There are so many order types like CNC Order, MIS order, NRML order, Cover order etc. Balancing 5Paisa & Angel Broking in accordance to the order type we get the below:
| Order Type Compare | 5paisa | Angel Broking |
| CNC Order | AVAILABLE | AVAILABLE |
| MIS Order | AVAILABLE | AVAILABLE |
| NRML Order | AVAILABLE | AVAILABLE |
| Cover Order | AVAILABLE | AVAILABLE |
| Bracket Order | AVAILABLE | NOT AVAILABLE |
| AMO-After Market Orders | AVAILABLE | AVAILABLE |
| GTC-Good till Cancelled | AVAILABLE | AVAILABLE |
Observation: Margin/Leverage:
Margin is the must considering things before investing in a particular company. Considering the benefits on Margin /Leverage we have the below-mentioned comparison on 5Paisa vs. Angel Broking:
| Particulars | 5paisa | Angel Broking |
| Equity Delivery Margin | Up to 3.5x via Margin Funding. | No Margin/Leverage for Equity Delivery. |
| Equity Intraday Margin | Up to 20x leverage for equity. | Up to 3x leverage for equity – margin funding available. |
| Futures Margin | Up to 3x leverage (of NRML Margin) for futures. | Up to 3x leverage for futures – margin funding available. |
| Options Margin | Up to 3x margin (of NRML Margin) for options shorting, no leverage for options buying. | Up to 2x margin for Options shorting, No leverage for options buying. |
| Equity CO Margin | Up to 33x margin/leverage in CO order for selected equity scripts. | Up to 40x margin/leverage in CO for selected equity scripts. |
| Futures CO Margin | Up to 33x margin/leverage (of complete order) in CO order for futures contracts. | Up to 40x margin/leverage for futures CO. |
| Options CO Margin | Info Not Available | Info Not Available |
| Commodity Margin | Up to 20x leverage for commodity. | Info Not Available |
Observation: Charges for a transaction:
Transaction charges are also quite different for these companies. Observing both 5Paisa & Angel broking based on Transaction charge we get the below:
| Particulars | 5paisa | Angel Broking |
| Equity Delivery | 325 Rupees Per Cr | 325 Rupees Per Cr |
| Equity Intraday | 325 Rupees Per Cr | 325 Rupees Per Cr |
| Equity Futures | 190 Rupees Per Cr | 190 Rupees Per Cr |
| Equity Options | 5000 Rupees Per Cr | 5000 Rupees Per Cr |
| Currency Futures | 110 Rupees Per Cr | 110 Rupees Per Cr |
| Currency Options | 4000 Rupees Per Cr | 4000 Rupees Per Cr |
| Commodity | NA | Non-Agri: 260 Rupees Per Cr Agri: 175 Rupees Per Cr |
Observation: Account feature:
Account features are important for a trader to control and use his account while investing money in other companies. In view of the account feature of both 5Paisa & Angel Broking we got the below-mentioned details:
| Particulars | 5paisa | Angel Broking |
| 3 in 1 Account | NOT AVAILABLE | NOT AVAILABLE |
| Charting | AVAILABLE | AVAILABLE |
| Algo Trading | AVAILABLE | AVAILABLE |
| SMS Alerts | AVAILABLE | AVAILABLE |
| Online Demo | AVAILABLE | AVAILABLE |
| Online Portfolio | NOT AVAILABLE | AVAILABLE |
| Margin Trading Funding Available | AVAILABLE | AVAILABLE |
| Combined Ledger for Equity and Commodity | AVAILABLE | AVAILABLE |
| Intraday Square-off Time | 3:15 PM | 3:15 PM |
| NRI Trading | NOT AVAILABLE | AVAILABLE |
| Other Features | NIL | Trading software terminal: ODIN(Angel) diet |
Observation: Trading Platform:
Nowadays, different trading platforms are there in market. Both of these companies provide most of them to their traders. Observing the trading platform offered by both Angel Broking & 5Paisa we get to know the following:
| Particulars | 5paisa | Angel Broking |
| Desktop Trading Platform | 5paisaTradeStation | Angel Speed Pro |
| Desktop Platform (Windows) | AVAILABLE | AVAILABLE |
| Desktop Platform (Mac) | NOT AVAILABLE | NOT AVAILABLE |
| Web Trading Platform | AVAILABLE | AVAILABLE |
| Web Trading Detail | 5paisa.com/online-trading | trade.angelbroking.com/ |
| Mobile Site | AVAILABLE | AVAILABLE |
| Mobile Trading | AVAILABLE | AVAILABLE |
| Mobile Trading App | 5paisa Mobile App | Angel Broking Mobile App |
| Android Mobile App | AVAILABLE | AVAILABLE |
| iPhone Mobile App (IOS) | AVAILABLE | AVAILABLE |
| Android Tablet App | AVAILABLE | AVAILABLE |
| iPad App (IOS) | AVAILABLE | AVAILABLE |
| Trading Software Charges | Free | Free |
Observation: Customer Support:
Both 5Paisa & Angel Broking have an efficient customer support team for their investors. They always help their consumers regarding trading and account related problems. Comparing both the companies we derived the below-mentioned details:
| Particulars | 5paisa | Angel Broking |
| 24/7 Customer Service | NOT AVAILABLE | NOT AVAILABLE |
| Email Support | AVAILABLE | AVAILABLE |
| Online Live Chat | NOT AVAILABLE | AVAILABLE |
| Phone Support | AVAILABLE | AVAILABLE |
| Toll-Free Number | NOT AVAILABLE | NOT AVAILABLE |
| Through Branches | NOT AVAILABLE | AVAILABLE |
| Customer Care Number | “+91 89766 89766” | 022-33551111/022-42185454 |
| Account Opening Process | Online/Paperless | Online/Paperless |
| Customer Support Email | [email protected] | [email protected] |
| Knowledge Centre/Education | www.5paisa.com/knowledge-centre | www.angelbroking.com/knowledge-center |
| Head Office Address | 5paisa Headquarter Sun Infotech Park, Road No. 16V, Plot No.B: 23 Thane Industrial Area, Wagle Estate, Thane – 400604 | Angel Broking Limited, G-1, Ackruti Trade Centre, Road No. 7, MIDC, Andheri (E), Mumbai – 400 093. |
| Website | www.5paisa.com | www.angelbroking.com |
Conclusion:
In this article, we have outlined a comparative picture of 5Paisa vs. Angel Broking to highlight the pros and cons of both the organization. Also, here we have mentioned every detail which is very important for an individual investor to know. A perfect investment can be done with the best facilities as per your needs.
