Angel One and SBI Securities are two stockbrokers that investors often compare for brokerage charges, products, trading platforms, and account costs. Angel One is listed as a Public Full Service , established in 1987 and headquartered in Mumbai, while SBI Securities is listed as a Public Discount Broker , established in Arun Mehta and headquartered in Mumbai.
This comparison reviews brokerage, Demat charges, product availability, platforms, features, support, ratings, and complaints. Use the side-by-side tables below to see whether Angel One or SBI Securities is a better fit for your investment style, platform preference, and budget.
Angel One is listed as a Public Full Service established in 1987 with headquarters in Mumbai and founded by Dinesh Agarwal. The broker highlights access to equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options and currency futures through mobile app access, web trading, desktop terminal access and algo trading support and promotes features such as watchlists, real-time updates, portfolio tracking, online mutual fund access, research reports and global indices tracking. It follows a i-trade Prime brokerage structure.
SBI Securities is listed as a Public Discount Broker established in Arun Mehta with headquarters in Mumbai and founded by Arun Mehta. It offers equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options and currency futures using mobile app access, web trading and desktop terminal access and supports traders with features such as watchlists, real-time updates, portfolio tracking, online mutual fund access, research reports and stock tips. Its brokerage model is structured as Standard Plan.
Both brokers use technology-driven platforms to attract active traders and investors, but the better option depends on the combination of pricing, products, services, and support that matters most to you.
Angel One vs SBI Securities — A Comprehensive Company Overview
| Company Overview | Angel One | SBI Securities |
|---|---|---|
| Company Type | Public | Public |
| Broker Type | Full Service | Discount Broker |
| Headquarters | Mumbai | Mumbai |
| Founder | Dinesh Agarwal | Arun Mehta |
| Establishment Year | 1987 | Arun Mehta |
| Brokerage Plan | i-trade Prime | Standard Plan |
Brokerage is the primary cost to compare when choosing a broker. Below is a segment-by-segment breakdown for Angel One and SBI Securities.
Equity delivery: This charge applies to buy-and-hold stock positions held beyond one trading session. Angel One charges Free while SBI Securities charges 0.50% of Transaction Value.
Equity intraday: This charge applies to buy-sell positions closed within the same trading day. Angel One charges Rs.20 per Trade or 0.25% (whichever is low) while SBI Securities charges 0.075% of Transaction Value.
Equity futures: This charge applies to futures contracts on stocks and indices. Angel One charges Rs.20 per Trade or 0.25% (whichever is low) while SBI Securities charges 0.05% of Transaction Value.
Equity options: This charge applies to equity option contracts. Angel One charges Rs.20 per Trade while SBI Securities charges Rs.50 to Rs.100 per lot.
Commodity futures: This charge covers commodities such as gold, silver, and crude oil. Angel One charges Rs.20 per Trade or 0.25% (whichever is low) while SBI Securities charges 0.05% of Transaction Value.
Commodity options: This charge applies to option contracts on commodity instruments. Angel One charges Rs.20 per Trade while SBI Securities charges Rs.50 to Rs.100 per lot.
Currency futures: This charge allows participation in forex price movements on the exchange. Angel One charges Rs.20 per Trade or 0.25% (whichever is low) while SBI Securities charges 0.05% of Transaction Value.
Currency options: This charge enables traders to hedge or speculate on currency fluctuations. Angel One charges Rs.20 per Trade while SBI Securities charges Rs.20 to Rs.30 per lot.
Angel One vs SBI Securities — Detailed Brokerage Comparison
| Brokerage | Angel One | SBI Securities |
|---|---|---|
| Brokerage Plan | i-trade Prime | Standard Plan |
| Subscription Charges | Zero | Zero |
| Equity Delivery | Free | 0.50% of Transaction Value |
| Equity Intraday | Rs.20 per Trade or 0.25% (whichever is low) | 0.075% of Transaction Value |
| Equity Future | Rs.20 per Trade or 0.25% (whichever is low) | 0.05% of Transaction Value |
| Equity Option | Rs.20 per Trade | Rs.50 to Rs.100 per lot |
| Commodity Future | Rs.20 per Trade or 0.25% (whichever is low) | 0.05% of Transaction Value |
| Commodity Option | Rs.20 per Trade | Rs.50 to Rs.100 per lot |
| Currency Future | Rs.20 per Trade or 0.25% (whichever is low) | 0.05% of Transaction Value |
| Currency Option | Rs.20 per Trade | Rs.20 to Rs.30 per lot |
Angel One provides mobile app access, web trading, desktop terminal access and algo trading support for order placement, portfolio tracking, and market monitoring. SBI Securities provides mobile app access, web trading and desktop terminal access for its users.
Android app: Angel One and SBI Securities both list an Android trading app.
iOS app: Angel One and SBI Securities both list an iOS trading app.
Web trading platform: Angel One and SBI Securities both list a web trading platform.
Desktop trading terminal: Angel One and SBI Securities both list a desktop trading terminal.
Algo trading: Angel One lists algo trading support, while SBI Securities does not currently mention it.
Basket trading: Angel One and SBI Securities both list basket trading.
Foreign stocks platform: Angel One lists foreign stocks access, while SBI Securities does not currently mention it.
Mutual fund platform: Angel One and SBI Securities both list a mutual fund investment platform.
Digital gold platform: Neither broker currently highlights digital gold investing.
Bonds platform: SBI Securities lists a bonds investment platform, while Angel One does not currently mention it.
Angel One vs SBI Securities — Complete Comparison of Trading Platforms
| Trading Platform | Angel One | SBI Securities |
|---|---|---|
| Android App | Angel One Android App Link | SBI Securities Android App Link |
| iOS App | Angel One iOS App Link | SBI Securities iOS App Link |
| Web Trading Platform | Angel One Web Trading Link | SBI Securities Web Trading Link |
| Trading Terminal | Available | Available |
| Algo Trading Platform | Available | NA |
| Foreign Stocks Platform | Available | NA |
| Basket Trading Platform | Available | Available |
| Mutual Fund Platform | Available | Available |
| Digital Gold Platform | No | NA |
| Bonds Platform | No | Available |
Angel One highlights trading features including watchlists, real-time updates, portfolio tracking, online mutual fund access, research reports and global indices tracking, while SBI Securities promotes watchlists, real-time updates, portfolio tracking, online mutual fund access, research reports and stock tips. The table below shows the full feature set for both brokers side by side.
Wishlist: Monitor specific stocks or assets by adding them to a watchlist for close tracking. Both Angel One and SBI Securities offer this feature.
Real time updates: Get timely updates on market trends, stock prices, and other market data. Both Angel One and SBI Securities offer this feature.
Portfolio details: A detailed snapshot of all investments — stocks, bonds, and commodities — in one place. Both Angel One and SBI Securities offer this feature.
Online mf buy: Buy or sell mutual funds directly from the trading platform or mobile application. Both Angel One and SBI Securities offer this feature.
Research reports: A comprehensive overview of different stocks and sectors in the stock market. Both Angel One and SBI Securities offer this feature.
Global indices: Real-time data on leading global stock market indices. Angel One offers this; SBI Securities does not currently highlight it.
Customised recommendations: Personalised investment suggestions based on your objectives and behaviour patterns. Angel One offers this; SBI Securities does not currently highlight it.
Stock tips: Valuable tips on stocks to buy, hold, or sell based on market trends. Both Angel One and SBI Securities offer this feature.
Interactive charts: Visual price movement charts to help analyse when to buy or sell. Both Angel One and SBI Securities offer this feature.
Live market: Live updates on market movements and trends. Both Angel One and SBI Securities offer this feature.
Multi profile management: Manage multiple trading profiles from a single account. Both Angel One and SBI Securities offer this feature.
Secure platform: A secure trading environment with next-generation security controls. Both Angel One and SBI Securities offer this feature.
Angel One vs SBI Securities — Comprehensive Comparison of Trading Features
| Trading Feature | Angel One | SBI Securities |
|---|---|---|
| Wishlist | Yes | Yes |
| Real-Time Updates | Yes | Yes |
| Portfolio Details | Yes | Yes |
| Online MF Buy | Yes | Yes |
| Research Reports | Yes | Yes |
| Global Indices | Yes | No |
| Customised Recommendations | Yes | No |
| Stock Tips | Yes | Yes |
| Interactive Charts | Yes | Yes |
| Live Market | Yes | Yes |
| Multi Profile Management | Yes | Yes |
| Robust & Secure Platform | Yes | Yes |
Stockbrokers use promotional offers to attract and retain clients. Below is a side-by-side comparison of the offers currently listed by Angel One and SBI Securities.
Free account opening: Neither broker currently highlights free account opening.
Free AMC: Angel One lists free Demat AMC, while SBI Securities does not currently mention it.
Free brokerage: Angel One lists free brokerage, while SBI Securities does not currently mention it.
Flat brokerage: Angel One lists flat brokerage pricing, while SBI Securities does not currently mention it.
Flexible brokerage plans: SBI Securities lists flexible brokerage plans, while Angel One does not currently mention it.
Happy trading hours: Neither broker currently highlights happy trading hours.
Free delivery trading: Angel One lists free delivery trading, while SBI Securities does not currently mention it.
Free intraday trading: Neither broker currently highlights free intraday trading.
Free F&O trading: Neither broker currently highlights free F&O trading.
Free research reports: Angel One and SBI Securities both list free research reports.
Free trading calls: Angel One and SBI Securities both list free trading calls.
Zero brokerage for loss trades: Neither broker currently highlights zero brokerage for loss-making trades.
Referral offers: Angel One offers Upto Rs.1000 Gift Vouchers per Client while SBI Securities offers Upto Rs.700 per Client for referrals.
Angel One vs SBI Securities — Comparison of Latest Offers
| Offer | Angel One | SBI Securities |
|---|---|---|
| Free Account Opening | No | No |
| Free AMC | 1st Year Free | No |
| Free Brokerage | Yes, Limited | No |
| Flat Brokerage | Yes | No |
| Flexible Brokerage Plans | No | Yes |
| Happy Trading Hours | No | No |
| Free Delivery Trading | Yes | No |
| Free Intraday Trading | No | No |
| Free F&O Trading | No | No |
| Free Research Reports | Yes | Yes |
| Free Trading Calls | Yes | Yes |
| Referral Offers | Upto Rs.1000 Gift Vouchers per Client | Upto Rs.700 per Client |
| Margin Funding / Pledging | Yes | Yes |
| Brokerage Cashback | No | Yes |
| Zero Brokerage for Loss-Making Trades | No | No |
Product availability determines whether a broker can support your preferred markets. Angel One highlights equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options and currency futures, while SBI Securities highlights equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options and currency futures.
The table below compares the full product lineup side by side across equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options, currency futures, currency options, foreign stocks, mutual funds, insurance, banking services, corporate bonds, government bonds and bonds.
Angel One vs SBI Securities — Complete Comparison of Products
| Product | Angel One | SBI Securities |
|---|---|---|
| Equity Delivery | Yes | Yes |
| Equity Intraday | Yes | Yes |
| Equity Option | Yes | Yes |
| Equity Future | Yes | Yes |
| Commodity Option | Yes | Yes |
| Commodity Future | Yes | Yes |
| Currency Option | Yes | Yes |
| Currency Future | Yes | Yes |
| Foreign Stocks | Yes | No |
| Mutual Funds | Yes | Yes |
| Banking | No | Yes |
| Insurance | Yes | Yes |
| Corporate Bonds | No | Yes |
| Government Bonds | No | Yes |
| Digital Gold | No | No |
Demat services: Angel One and SBI Securities both list Demat services.
Trading services: Angel One and SBI Securities both list trading services.
Intraday services: Angel One and SBI Securities both list intraday trading services.
F&O services: Angel One and SBI Securities both list F&O services.
IPO services: Angel One and SBI Securities both list IPO services.
3-in-1 account: SBI Securities lists 3-in-1 account support, while Angel One does not currently mention it.
Stock research: Angel One and SBI Securities both list stock research.
Stock recommendations: Angel One and SBI Securities both list stock recommendations.
Trading education: Angel One and SBI Securities both list trading education.
Share pledging: Angel One and SBI Securities both list share pledging.
PMS or PCG: Angel One and SBI Securities both list PMS or PCG support.
NRI services: Angel One and SBI Securities both list NRI services.
Angel One provides Demat services, trading services, intraday trading, F&O trading, IPO access and stock research, while SBI Securities offers Demat services, trading services, intraday trading, F&O trading, IPO access and 3-in-1 account support.
Angel One vs SBI Securities — In-Depth Comparison of Services
| Service | Angel One | SBI Securities |
|---|---|---|
| Demat Services | Yes | Yes |
| Trading Services | Yes | Yes |
| Intraday Services | Yes | Yes |
| F&O Services | Yes | Yes |
| IPO Services | Yes | Yes |
| 3-in-1 Account | No | Yes |
| Stock Research | Yes | Yes |
| Stock Recommendations | Yes | Yes |
| Trading Education | Yes, Smart Money | Yes, Investor Sarathi |
| Share Pledging | Yes | Yes |
| PMS or PCG | Yes | Yes |
| NRI Services | Yes | Yes |
Stock advisory helps investors choose appropriate stocks through research reports, tips, and market reviews. The table below shows which advisory products are available from Angel One and SBI Securities.
Angel One and SBI Securities — Detailed Comparison of Advisory Services
| Advisory | Angel One | SBI Securities |
|---|---|---|
| Fundamental Reports | Yes | Yes |
| Research Reports | Yes | Yes |
| Company Reports | Yes | Yes |
| Annual Reports | Yes | Yes |
| IPO Reports | Yes | Yes |
| Technical Reports | Yes | Yes |
| Stock Tips | Yes | Yes |
| Daily Top Stock Picks | Yes | Yes |
| Daily Market Review | Yes | Yes |
| Monthly Review | Yes | Yes |
| Weekly Review | Yes | Yes |
| Relationship Manager | Yes | Yes |
| Robo Advisory | Yes | No |
Margin exposure allows traders to manage larger positions with less capital. Below is a comparison of the margin available from Angel One and SBI Securities across different segments.
Angel One and SBI Securities — Comprehensive Comparison of Trading Exposure
| Exposure | Angel One | SBI Securities |
|---|---|---|
| Equity Delivery | 1x | 1x |
| Equity Intraday | Upto 5x (Depends on Stocks) | Upto 5x (Depends on Stocks) |
| Equity F&O Carry Forward | 1x | 1X |
| Equity F&O Intraday | 1.3x | 1.3x |
| Commodity F&O Carry Forward | 1x | 1x |
| Commodity F&O Intraday | 1.3x | 1.3x |
| Currency F&O | 1x | 1x |
Angel One and SBI Securities both list a sub-broker program. Angel One and SBI Securities both list a partner program. Angel One and SBI Securities both list a referral program.
Angel One vs SBI Securities — Comparative Analysis of Programs
| Program | Angel One | SBI Securities |
|---|---|---|
| Sub-Broker Program | Yes | Yes |
| Partner Program | Yes, Angel DRA | Yes |
| Referral Program | Yes | Yes |
Angel One provides support through trading desk support, dedicated dealer assistance, call support, email support and website support. SBI Securities provides support through trading desk support, dedicated dealer assistance, call support, email support and website support. Angel One operates Available branches. SBI Securities operates Available branches.
Angel One and SBI Securities — Comprehensive Comparison of Customer Support
| Support Channel | Angel One | SBI Securities |
|---|---|---|
| Trading Support | Available, Chargeable | Available, Free |
| Dedicated Dealer | Available, Chargeable | Available, Free |
| Call Support | 8047480048 | 022-68545555 |
| Email Support | [email protected] | [email protected] |
| WhatsApp Support | NA | |
| Website Support | Website Link | Website Link |
| Facebook Support | Facebook Support Link | Facebook Support Link |
| Twitter / X Support | Twitter Support Link | Twitter Support Link |
| Telegram Support | Telegram Support Link | Telegram Support Link |
| Branches / Offices | Available | Available |
Both brokers have been evaluated across key parameters to help investors make an informed comparison. Angel One carries an overall rating of 9.70 / 10, while SBI Securities carries an overall rating of 8.95 / 10.
Angel One vs SBI Securities — Ratings Comparison
| Rating Parameter | Angel One | SBI Securities |
|---|---|---|
| Overall Rating | 9.70 / 10 | 8.95 / 10 |
| Customer Support | 9.66 / 10 | 8.92 / 10 |
| Technology | 9.82 / 10 | 9.06 / 10 |
| Charges | 9.74 / 10 | 8.99 / 10 |
| Products & Services | 9.64 / 10 | 8.90 / 10 |
| Experience | 9.62 / 10 | 8.88 / 10 |
SEBI, BSE, and NSE regularly publish broker complaint data as part of investor protection oversight. The table below shows the complaint records for both brokers.
Angel One & SBI Securities — Comparison of Customer Complaints
| Complaint Metric | Angel One | SBI Securities |
|---|---|---|
| Total Complaints Lodged | 554 | 182 |
| Total Complaints Resolved | 457 | 162 |
| % of Resolved Complaints | 82.49% | 89.01% |
| Non-Actionable Complaints | 57 | 11 |
| % of Non-Actionable Complaints | 10.29% | 6.04% |
Transaction charges are levied by the stockbroker for executing each trade. Below is a segment-wise comparison for Angel One and SBI Securities.
Angel One vs SBI Securities — Detailed Comparison of Transaction Charges
| Transaction Charges | Angel One | SBI Securities |
|---|---|---|
| Equity Delivery | 0.00325% (NSE) & As per Stock (BSE) | |
| Equity Intraday | 0.00325% (NSE) & As per Stock (BSE) | |
| Equity Future | 0.0019% (NSE & BSE) | |
| Equity Option | 0.05% (on premium) | |
| Commodity Future | 0.0021% (Non-Agri) / 0.006% (Agri) / 0.0005% (Special) | |
| Commodity Option | 0.05% (Non Agri) | |
| Currency Future | 0.0009% (NSE) & 0.00022% (BSE) | |
| Currency Option | 0.035% (NSE) & 0.001% (BSE) |
Pledge creation charges apply when traders borrow against their held securities. Pledge invocation charges apply if the pledged shares are sold due to a shortfall. Margin trading interest is the rate charged on borrowed funds.
Angel One & SBI Securities — Comprehensive Comparison of Pledge Charges
| Pledge Charge | Angel One | SBI Securities |
|---|---|---|
| Pledge Creation Charges | Rs.20 per Request | |
| Pledge Invocation Charges | Rs.50 per Request | |
| Margin Trading Interest | 0.049% per day |
Beyond brokerage, several statutory and operational charges apply. These include SEBI turnover fees, DP charges, GST, account closure, reactivation, dematerialisation, and call & trade charges.
Angel One and SBI Securities — Detailed Comparison of Hidden / Other Charges
| Charge | Angel One | SBI Securities |
|---|---|---|
| SEBI Turnover Charges | Rs.10/ Crore (All Segment) | |
| DP Charges | Rs.13.5 per Scrip only on Sell | |
| GST | 18% on (Brokerage + SEBI + Transaction charges) | |
| Account Closure Charges | Free | |
| Reactivation Charges | Free | |
| Dematerialisation Charges | Rs.50 per Certificate | |
| Call & Trade Charges | Rs.20 per Trade |
Angel One lists account opening charges of Free and Demat AMC of Rs.240 per Year + GST (1st Year Free). SBI Securities lists account opening charges of Rs.850 and Demat AMC of Rs.750.
Angel One vs SBI Securities — Detailed Comparison of Demat Charges
| Demat Charges | Angel One | SBI Securities |
|---|---|---|
| Account Opening Charges | Free | Rs.850 |
| Annual Maintenance Charges (AMC) | Rs.240 per Year + GST (1st Year Free) | Rs.750 |
Securities Transaction Tax (STT) and Commodity Transaction Tax (CTT) are government levies — the same for all brokers in India. These are shown below for reference.
Angel One vs SBI Securities — Comparative Analysis of STT and CTT Charges
| STT & CTT | Angel One | SBI Securities |
|---|---|---|
| Equity Delivery | 0.1% on buy & sell | |
| Equity Intraday | 0.025% on sell | |
| Equity Future | 0.0125% on sell | |
| Equity Option | 0.0625% on sell (on premium) | |
| Commodity Future | 0.01% on sell (Non-Agri) | |
| Commodity Option | 0.05% on sell | |
| Currency Future | Nil | |
| Currency Option | Nil |
Stamp duty is a government tax charged when the broker issues, sells, or transfers a security. It is collected at the end of each trading day.
Angel One and SBI Securities — Comparison of Stamp Duty Charges
| Stamp Duty | Angel One | SBI Securities |
|---|---|---|
| Equity Delivery | 0.015% on buy | |
| Equity Intraday | 0.003% on buy | |
| Equity Future | 0.002% on buy | |
| Equity Option | 0.003% on buy | |
| Commodity Future | 0.002% on buy | |
| Commodity Option | 0.003% on buy | |
| Currency Future | 0.0001% on buy | |
| Currency Option | 0.003% on buy |