Broker comparison

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AttributeIndiabulls SecuritiesAngel One
Brokerage0.50% delivery / 0.05% intraday₹20 / Intraday & F&O order
TypeFull-service brokerDiscount broker
Account openingFree (₹0)Free (₹0)
AMC₹450/yr₹0
Equity delivery0.50%₹0
Intraday / F&O0.05%₹20 per order
DP charges₹20 + GST₹20 per scrip
SEBI registrationINZ000010433INZ000161534
Charges last verified20 Oct 202620 Oct 2026
Our ratingRating 3.5Rating 4.6
Best forLegacy customers continuing existing relationshipInvestors who want research and tips along with low brokerage
Hidden charges to watchDP and pledge charges; call & trade ₹25DP charges per scrip on sale; ARQ Prime and advisory packs are paid add-ons
SegmentsEquity, F&O, CurrencyEquity, F&O, Commodity, Currency, Mutual funds, IPO
F&O (all segments)Per-contract slabs₹20 per order
Commodity (MCX)-₹20 per order
HighlightsLegacy branch network, Research notesAngel One app, SmartAPI, ARQ advisory engine, SpeedPro terminal
Open accountIndiabulls SecuritiesAngel One

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