Angel One has evolved from a traditional full-service broker into a competitive low-cost platform. But like every broker, the real cost isn’t just brokerage—it’s a mix of brokerage + AMC + DP charges + taxes.
Here’s a complete information:
What is Angel One?
Angel One is one of India’s oldest brokerage firms, now offering:
- Stock investing (delivery & intraday)
- Futures & Options (F&O)
- IPO & mutual fund investing
It combines research + low brokerage, which makes it different from pure discount brokers.
1. Account Opening & AMC Charges
Angel One follows a tiered AMC structure, unlike Groww or Zerodha.
Account Opening:
- ₹0 (Free)
Annual Maintenance Charges (AMC):
First Year:
- ₹0 (Free for all users)
From Year 2 (Standard Account):
- ₹60 + GST per quarter
- Charged only if you trade during that quarter
👉 Approx yearly cost: ₹240 + GST
BSDA (Basic Services Demat Account):
- Holdings < ₹4 lakh → ₹0 AMC
- Holdings ₹4–₹10 lakh → ₹100 + GST/year
👉 Best for small investors with low holdings.
2. Angel One Brokerage Charges (Segment-wise)
Angel One follows a flat-fee + percentage hybrid model.
| Segment | Brokerage |
| Equity Delivery | Lower of ₹20 or 0.1% (Min ₹5) |
| Equity Intraday | Lower of ₹20 or 0.1% (Min ₹5) |
| Futures | ₹20 per order |
| Options | ₹20 per order |
| Mutual Funds | ₹0 |
Important Notes:
- Minimum brokerage: ₹5 per order
- Maximum capped at ₹20
- Charged per executed order
👉 Example:
- ₹1,000 trade → ₹5
- ₹50,000 trade → ₹20
Key Insight (Very Important)
Angel One is ideal if:
- You want research + advisory tools
- You are okay paying a small AMC after year 1
- You trade moderate to large amounts
Small trades still feel expensive due to minimum ₹5 rule.
3. Depository Participant (DP) Charges
DP charges apply when you sell delivery shares.
Standard DP Charges:
- ₹20 + GST per stock (per ISIN per day)
Internal Breakdown:
- Male: ₹16.50 (Angel One) + ₹3.50 (CDSL)
- Female: ₹16.75 (Angel One) + ₹3.25 (CDSL)
For BSDA Accounts:
- ₹50 + GST per transaction
Key Points:
- Charged only on sell side
- Not applicable for intraday or F&O
- Per stock, not per quantity
👉 Selling 1 stock vs 100 shares = same DP charge
4. Statutory Taxes & Regulatory Charges (2026 Updated)
These charges are fixed across all brokers.
(A) STT – Securities Transaction Tax
| Segment | STT |
| Equity Delivery | 0.1% (Buy & Sell) |
| Intraday | 0.025% (Sell only) |
| Futures | 0.05% (Sell only) |
| Options | 0.15% (On premium) |
👉 Important Update:
2026 budget increased F&O STT → trading cost is now higher.
(B) Exchange Transaction Charges
- NSE Equity: ~0.00297%
- Futures: ~0.00173%
- Options: ~0.03503%
(C) GST
- 18% on:
- Brokerage
- DP charges
- Transaction charges
(D) SEBI Charges
- ₹10 per crore turnover (0.0001%)
(E) Stamp Duty
| Segment | Stamp Duty |
| Delivery | 0.015% (Buy only) |
| Intraday | 0.003% |
| Futures | 0.002% |
| Options | 0.003% |
5. Other Service Charges
These are often ignored but matter.
- Call & Trade: ₹20 extra per order
- Auto Square-off: ₹20 + GST
- Pledge/Unpledge: ₹20 + GST (₹50 for BSDA)
- Physical Statement: ₹50 + courier
- Demat/Remat: ₹50 per certificate
Charges:
- Brokerage → ₹20 (buy) + ₹20 (sell)
- DP charge → ₹20
- STT → 0.1% both sides
- GST & others → small
👉 Total cost ≈ ₹100–₹180
Pros of Angel One Charges
- Free account opening
- Free first-year AMC
- Research + advisory included
- ₹20 flat brokerage
Cons (Reality Check)
- AMC applies after year 1
- Minimum ₹5 affects small trades
- DP charges add up
- Higher STT impacts F&O traders
Final Verdict
Angel One sits between discount brokers and full-service brokers.
- Beginners → good (with guidance tools)
- Investors → slightly higher cost than Groww
- Traders → competitive but not the cheapest
The biggest shift in 2026 is higher F&O STT, which means profits are tighter for traders.