Upstox Vs Angel Broking Comparison – Which is Better?

Upstox Vs Angel Broking – Comparison:

Comparing Upstox vs Angel Broking in terms of all product-wise details which are essential for every investor we get the detailed study.  In this comparative assessment, we focused on the advantages and disadvantages of both the broker for the knowledge of investors.

Upstox is a discount brokerage firm established in 2009 at Mumbai. Formerly it was known as RKSV Securities. This organization is known for its range of trading platform offerings and a wide range of products and services. 

Whereas, full-service broker Angel Broking, who is a part of renowned Angel Group, offers tailored capital management and stock options to its investors. It has been founded in the year of 1987 and now it is operated across India in 900 cities with an association of 8500 sub-brokers and millions of happy customers. 

Notable Features:

Upstox: 

1. Zero brokerage fee on equity delivery trading
2. Flat fee-based brokerage fee structure.
3. Trading Account AMC is free of cost.
4. Don’t trade in the commodity, mutual funds, forex, SIP & insurance. 
5. Margin Money not required. 

Angel Broking: 

1. Trading is in terms of equity delivery is free. Other than that, all the other segments charge flat INR. 20/- per trade.
2. For trading through online mode special discount is offered.
3. BSE, NSE, MCX & NCDEX- it has got all the access. 
4. Customer support is applicable over customer over the counter assistance, local offices, E-Mail care, Live chat & SMS.

Overall Broker Details: 

Comparing Angel Broking vs Upstox based on overall customer service we derived the below-mentioned details. Here we have compared both the brokers considering the type of organization, broker type, originated location, establishment year & name of the founder. 

Comparison on Customer Ratings: 

Comparing Upstox vs Angel Broking based on Customer Ratings we get this information. Here we can see that in terms of brokerage charge Upstox is better than Angel Broking. Whereas, in all the other factors like products/services, experience, trading terminal & research-advisory Angel Broking is the better alternative.

Upstox Vs Angel Broking AOC & AMC:

Here we have compared Angel Broking vs Upstox based on account opening charge & account maintenance charge. Here we can see from the below contrast that Both Angel Broking & Upstox provides free AMC (trading). Account opening in Angel Broking is free but in Upstox it is chargeable. 

Compare Brokerage Charge: 

Contrasting Angel Broking & Upstox based on Brokerage Charge we get the below details. Here we can see that Angel Broking offers a percentage based brokerage charge structure. Whereas, Upstox offers a flat fee-based brokerage plan structure. Both brokers charge a minimum brokerage charge per executed order.

Comparison on Administrative Charges:

In terms of Administrative transactional charge, we here compared Angel Broking vs Upstox as below. 

Comparison on Offers: 

Contrasting Angel Broking vs Upstox based on offers & discount we get the below comparison on offers. We here can see that in terms of offer Angel Broking is a step ahead of Upstox for offering more offers. 

Comparison on Services Offered:

Assessing Angel Broking vs Upstox based on their service offering we derived the below comparison:

Upstox Vs Angel Broking Research & Advisory: 

Contrasting Angel Broking vs Upstox based on their research & advisory offering we received the below comparison. Here we can see in the below table that Upstox doesn’t offer any research & advisory support whereas, Angel Broking offers almost all possible research & advisory support.

Comparison of Leverage:

Considering Angel Broking vs Upstox based on product-wise leverage we get the below details. These charges always influence your trading revenue.

Comparison of Products:

Assessing Angel Broking vs Upstox based on their product offering we derived the below comparison. We can see in this below comparison that Angel Broking offers more number of products than Upstox. 

Comparison of Trading Platforms: 

Because of the trading terminal offering of Angel Broking vs Upstox, we compared them as below. Several platforms like IOS app platform, news flash, research reports are provided by these organizations.

Comparison on Customer Support: 

In light of customer assistance, we here have compared Angel Broking vs Upstox as below. Both the broker offers similar paths for their customer to assist them excluding the dedicated dealer, offline trading & 24X7 support topic. Upstox doesn’t provide dedicated dealer, offline trading & 24X7 support but Angel broking provides the same. 

Comparison on Customer Grievances: 

Both these brokers provide multiple channels to their investors to reach them so that they can support the customers in a better way. Here we compared Angel Broking vs Upstox based on their customer complaint handling in the below table. 

Conclusion: 

Finally, we can say that Angel Broking (full-service broker) has a huge offering for its customers. But Upstox (discount broker) offers low charges to its customers. Still, it should be kept in mind that individual investors should opt the broker between Upstox and Angel Broking as per his tailored need only.