Angel One Shifts to New Brokerage Model: Flat Fees and Revenue Predictions

Angel One implemented a new structure for cash and equity delivery transactions starting November 1, charging a flat rate of ₹20 or 0.1% + GST per executed order, moving away from the zero-brokerage model.

Angel One's revised fee structure led to a 7% surge in its shares, with analysts predicting an 8% revenue increase HDFC Securities and Upstox confirmed no changes to their brokerage fees, except for mandatory revisions in exchange transaction charges. 

Zerodha lowered its transaction charges for options to 0.035% and for futures to 0.00173%. Angel One revised charges to 0.00297% for NSE's cash segment, 0.00173% for futures, and 0.03503% for options..