Angel Broking is one of the leading full-service broking houses in India.
Let’s have a detailed Angel Broking Review & get a good understanding of Angel Broking Demat Account, Angel Broking Brokerage Charges, Angel Trading Platforms & other important features.
Angel Broking Review and customer ratings
|Experience||9.0 / 10|
|Trading Platform||8.6 / 10|
|Product & Services||8.8 / 10|
|Brokerage Charges||9.5 / 10|
|Research||8.5 / 10|
|Overall Rating||8.88 / 10|
About Angel Broking
|Broker Type||Full-Service Broker|
Angel Broking Pvt Ltd is one of the leading broking houses in India and has been in the business since 1987. It is dedicated to a retail stock trading model. It provides modern and useful trading platforms as well as expert advisory services to its customer base.
The Angel Group is also officially a member of the Bombay Stock Exchange, National Stock Exchange and two commodity exchanges- the NCDEX and MCX. It is also registered as a Depository participant with CDSL.
As a broking house, it has more than 27 years of expertise in share and commodity markets. The Angel Group comprises Mutual Funds, Commodities, Life Insurance, Institutional Equities, and Angel Fincap.
Angel Broking also has a nation-wide presence in 1000 cities. It has a strong network of 8500+ sub-brokers and more than 1 million clients.
Its main offerings include Equity Trading, Commodities, Portfolio Management Services, Mutual Funds, Life Insurance, IPO, Depository Services and Investment Advisory. It also provides Wealth Management and Ebroking facilities.
As a firm, Angel Broking has prized the best value for money through innovative products, up-to-date technology, and trading strategies as well as personalized services and assistance. It also holds a firm emphasis on ethical practices and transparency.
Angel Broking has also achieved several distinctive milestones in its history, including many accolades and honors from major stock exchanges like NSE and BSE.
Angel Broking Brokerage Charges (Latest Plan)
|Brokerage Charge & Fees||Upto Rs.50,000 Order Size||Rs.50,000+ Order Size|
|Equity Delivery Trading||Rs.15 per order||Rs.30 per order|
|Equity Intraday Trading||Rs.15 per order||Rs.30 per order|
|Commodity Options Trading||Rs.15 per order||Rs.30 per order|
|Equity Futures Trading||Rs.15 per order||Rs.30 per order|
|Equity Options Trading||Rs.15 per order||Rs.30 per order|
|Currency Futures Trading||Rs.15 per order||Rs.30 per order|
|Currency Options Trading||Rs.15 per order||Rs.30 per order|
|Demat AMC Charges||Free or Rs.300||Free or Rs.300|
|Trading AMC Charges||Free||Free|
|Margin Money||Rs.10,000 Minimum||Rs.10,000 Minimum|
Angel Broking has come up with flat-rate plans called Angel i-Trade Plan with Rs.15 flat brokerage per order for order size up to Rs.50000 and only Rs.30 flat brokerage per order for order size above Rs.50000.
Angel iTrade Plan is applicable for all segments from April 2019 onwards. If you have any query then you can clear your doubts by connecting to Angel Broking Representative immediately and avail the offer.
Angel Broking Old Brokerage Charges (Older Charges)
Angel Broking has revoked all types of premium plans which they were providing before. The below brokerage charges are not applicable now (with effect from April 2019).
Now only flat rates of Rs 15 and Rs 30 is applicable. To encourage intraday trading, Angel Broking is also providing higher exposure or limits to the traders than before.
Check out the article below for Latest Exposure Rates.
|Equity Delivery Trading||0.1% – 0.4%|
|Equity Intraday Trading||0.01% – 0.04%|
|Commodity Options Trading||0.01% – 0.04%|
|Equity Futures Trading||0.01% – 0.04%|
|Equity Options Trading||Rs.16 per Lot|
|Currency Futures Trading||0.01% – 0.04%|
|Currency Options Trading||Rs.30 per Lot|
|Minimum Brokerage||Percentage of Transaction|
|Demat AMC Charges||Free or 300 per Annum|
|Trading AMC Charges||Free|
|Margin Money||Minimum 10,000|
The brokerage for Angel Broking Pvt Ltd depends upon the amount that one deposits in the trading account. To benefit from reduced brokerage slabs, one can begin by depositing a higher initial margin amount. As it happens, the higher the margin deposit, the lesser will be the brokerage charged on the investments.
There are different schemes for investors to choose from. According to these schemes, the margin amount requirements will change and so will the brokerage rates applicable to each scheme.
Angel Broking Brokerage Plans
Brokerage Charges in Angel Broking varies with different plans. These plans are dependent on the Margin Amount a client is paying.
Angel Broking offers 4 different brokerage plans for 4 different margin segments. Let us go through these plans one by one –
- Angel Classic : Margin Amount Rs.10,000 – 24,999
- Angel Preferred : Margin Amount Rs.25,000 – 49,999
- Angel-Premier : Margin Amount Rs.50,000 – Rs.99,999
- Angel Elite: Margin Amount of Rs. 1 Lakh & more
Angel Classic & Angel Preferred
|Segment||Angel Classic||Angel Preffered|
|Equity Intraday or Futures||0.032%||0.040%||0.0224%||0.0280%|
|Nifty Options||Rs.40 (per Lot)||Rs.50 (per lot)||Rs.32 (per lot)||Rs.40 (per lot)|
|Other Options||Rs.80 (per lot)||Rs.100 (per lot)||Rs.64 (per lot)||Rs.80 (per lot)|
|Currency Options||Rs.6.4 (per lot)||Rs.8 (per lot)||Rs.5.6 (per lot)||Rs.7 (per lot)|
|Commodity Futures or Intraday||0.0184%||0.023%||0.0152%||0.019%|
Angel Premier & Angel Elite
|Segment||Angel Premier||Angel Elite|
|Equity Intraday or Futures||0.0176%||0.0220%||0.0128%||0.0160%|
|Nifty Options||Rs.24 (per Lot)||Rs.30 (per lot)||Rs.16 (per lot)||Rs.20 (per lot)|
|Other Options||Rs.48 (per lot)||Rs.60 (per lot)||Rs.32 (per lot)||Rs.40 (per lot)|
|Currency Options||Rs.4.8 (per lot)||Rs.6 (per lot)||Rs.3.2 (per lot)||Rs.4 (per lot)|
|Commodity Futures or Intraday||0.012%||0.015%||0.0088%||0.011%|
Angel Broking Charges
Apart from Brokerage charges, there are few other charges applied for stock market investment, but these are very minimal charges.
|Transaction Charges||0.00325% of Total Turnover|
|STT||0.0126% of Total Turnover|
|SEBI Turnover Charges||0.0002% of Total Turnover|
|Stamp Duty||Depends on State (very minimal)|
|GST||18% of (Brokerage + Transaction Charges)|
These charges are very small in amount and don’t affect return on investment.
Angel Broking Demat Account Opening Fees
|Account Opening Charges||Zero|
|Demat AMC Charges||Free or 300 per Annum|
|Trading AMC Charges||Free|
|Margin Money||Minimum 10,000|
|Offline to Online||Yes|
Angel Broking Demat Account charge is Free. The broking house doesn’t charge any account opening fees. The AMC is also free for 1st year depending upon the Margin deposited by the client.
For Rs.25,000 & more margin, the AMC is free & for less than Rs.25,000 margin Rs.300 AMC is charged. The Minimum Margin amoung required s Rs.10,000.
The full service broker has CDSL as a depository participant & their trading account AMC is absolutely free.
Angel Broking Offers
|Free Demat Account||Yes|
|Free Trading Account||Yes|
|Discount on Brokerage||Yes|
|Trading Happy Hours||No|
|Flexible Brokerage Plans||Yes|
|1 Month Brokerage Free||No|
|Zero Brokerage for Loss Making Trades||No|
List of Angel Broking Offers:
- Lifetime Free Demat Account
- Flat rates @ Rs 15 and Rs 30
- Free AMC Demat Account
- Free Trading Account
- Unlimited Brokerage cashback
- Start Trading in 1 hour
- 48x Margin Funding
- Open Demat Account in 5 minutes
One of the key offers by Angel Broking Pvt Ltd is that of the Free Lifetime Demat Account. This applies to any of the above schemes as per which there will be no opening charges for opening a Demat Account. There will also be no AMC charges for the first year.
This is what makes the offer of Free Lifetime Demat such an attractive proposition for investors. One of the new offers is that of a 20% discount on brokerage rates. This is applicable when one is making use of online trading platforms and services.
Investors also get a chance to trade up to 40 times their initial margin amount. Expert advice is also provided by the company’s research team.
The ARQ team will also provide solid and reliable predictions, thus assisting investors to invest in the best stocks. The digital KYC facility also allows new prospects to start trading within 1 hour.
How to open Demat Account with Angel Broking?
- Fill up the Lead Form – Click here
- The sales team will receive the lead & give a call to prospect immediately
- The appointment will be fixed as per prospects availability
- A salesperson will visit the prospect
- Prospect will have to provide few information & documents like Aadhaar Details, PAN Details, Account Opening Fees & POA
- The account will be activated within 1 working day
This Entire process takes 1 day to complete.
Angel Broking also offers Do it Yourself account opening process where the client can open an account in just 5 minutes. This is currently open to only referral clients.
Why Open Angel Broking Trading Account?
- Offers Flexible brokerage plan for all type of Investors
- Offers Demat account absolutely free
- Superfast Trading platforms for all Devices & Browsers
- Allows investment in all asset classes like Equity, Commodity, Currency & others
- Very Strong Research & Advisory Team
- Has Launched a world-class Robo Advisory Platform called ARQ
- Great Feedback & Complaint solving team
Angel Broking Products & Services
List of products & services provided by angel broking to its clients
Angel Broking Products:
One of the mainstays among the products of Angel Broking is Equities Trading. The broking house will provide guidance and trading solutions which will assist investors in making well-informed decisions regarding investments in the markets.
The investors get the opportunity to trade online, get quality research reports, advisory services, and personalized customer support.
List of Products offered by Angel Broking
- Equity Trading
- Mutual Funds as Distributor
- Insurance as Distributor
The Broking house provides facilities for derivative trading. With Pan India presence, offline/online transaction facility and latest MF news alerts, it helps investors to make forays into the derivatives market.
Angel Broking also provides an interface that allows other investors to dabble in commodity derivatives as well. It is also now expanding into currencies trading and it also provides an assortment of insurance products- term plans, endowment plans, Money-back plans, Children Life Insurance plans and so on.
These products have affordable premiums with maximum life cover. There are also tailor-made plans which will accordingly suit different sets of personal needs and requirements. Personalized customer support further makes things more attractive to investors.
Angel Broking Services:
|3 in 1 Acount||No|
|Trading Exposure||Upto 48 X|
The Full-Service Broker provides a wide range of services
- Demat Account
- Trading Account
- Intraday Trading
- Advisory Services
- 24*7 Customer Support
- Depository Service
- Portfolio Health Score
- ARQ – AI-powered Robo Advisory
- NRI Services
- Loan against Shares
Angel Broking provides Portfolio Management Services to HNIs for their investment decisions. Investors will be suitably assisted in creating diverse and strategic portfolios consisting of a number of varied securities like equity shares, bonds, fixed deposits and so on.
Angel Broking will provide dedicated fund management as well as personalized customer support. There are also flexible payment terms that will be suitable for all investors. Online access to the portfolio will further bring ease and versatility for investors.
The primary service of the broking house is to provide the service of a Demat Account. The Demat Account from Angel Broking is a technology-enabled Demat and Trading account. There will also be technical assistance and expert advice in the form of in-depth research reports for the customers.
Depository services include risk-free and prompt services for the customers for depository and trading. There are certain cast-iron benefits like lack of risk and loss, reduced paper-work and efficient settlement process which will help in increasing your liquidity.
Customers also get the chance to receive Intraday Trading tips and suggestions which will help you buy and sell stocks on the same day. There are also Investment Advisory services and services for NRIs as well.
Angel Broking Research, Advisory & Stock Tips
Check this table for entire details related to Angel broking Stock Tips, Research & Recommendations.
|Company Stock Review||Yes|
|Free Stock Tips||Yes|
|Daily Market Review||Yes|
The Full-Service Broking house provides all types of reports, research, trading tips to their clients on a daily basis. They are well known for their superb Research team. Their tips are known to be one of the best in the market.
They have also launched a Robo Advisory Platform to know an ARQ.
Angel Broking ARQ
Angel Broking ARQ has been positioned as an AI (Artificial intelligence) based Robo advisory platform which provides stock tips & mutual fund tips based on the future potential of the stocks instead of past performance.
As per Angel Broking press release & clients feedback ARQ performance for last year has beaten the stock market index by 30% & has given a 40% return to the client base who has invested via ARQ.
ARQ’s algo is based on Nobel Prize-winning Modern Portfolio Theory. It seems the broking house is promoting ARQ very aggressively for high adoption & has seen a very decent adoption rate for the same.
IPO Investment with Angel Broking
- Open Demat Account with Angel Broking – Fill this Form
- Fill the physical IPO form of the company or you can fill the form online
- A client can apply up to Rs.15,000 worth IPO
- Company raising IPO will roll out the shares post-application finalization
- If the IPO is oversubscribed, the Lottery will be done for Share Offering
- IF the IPO is not fully subscribed, Everyone who has applied gets the IPO
Angel Broking Exposure or Leverage
The broking company provides upto 40x exposure to their clients. Exposure varies on various parameters
- Clients Holdings (Trader client or high value client gets high exposure)
- Clients History (old client gets high leverage)
- Type of investment (Equity, Derivatives, Currency, Commodity)
- Company Scrip (High networth company has high exposure scrip)
|Equity Delivery||Approx 8X for majority of the stocks|
|Equity Intraday||48 X exposure for approved stocks|
|Futures Delivery||20 X for Index and 10x for stock|
|Futures intraday||60 X for selected contracts|
|Options Delivery||Premium levied by the exchange|
|Options intraday||6 x for Option buy and 60X for option sell for selected contracts|
Angel Broking Trading Platforms
Angel Broking provides wide range of trading platform for across devices & browser, let check these trading platforms.
Here is the list of their Features:
|Desktop Platform – Windows||Yes|
|Desktop Platform – Mac||Yes|
|Desktop Browser Platform||Yes|
|Mobile Site Platform||No|
|Android App Platform||Yes|
|iOS App Platform||Yes|
|Windows App Platform||No|
|Other Mobile OS Platform||No|
|Real time Updates||Yes|
|Online MF Buy||Yes|
Angel Broking App Review: Mobile App based Trading Platform
A mobile app that allows customers to trade in stocks on the go. Available on both Google Play Store and App Store, this app provides multiple indexes with real-time prices as well as streaming market news alerts and intraday charts. The users can also trade across all segments with great ease. It provides access to reports and ledgers without any difficulty.
Angel Eye or Angel Trade Review: Web-based Trading Platform
This is a browser-based platform that allows users to manage portfolios, trade quickly and stay updated about all the movements in the markets.
Angel Speedpro Review: Desktop-based Trading Terminal
This is an application-based trading platform that allows users to access extensive 30 days intraday and 20 years of historical data for advanced-level analysis that will help in better investment decisions in the future. It also gives the user a lot of efficient access to the portfolio and enables the same to manage investments easily.
Mobile Web-based Trading Platform: Angel Swift
A JAVA based platform that can be used on any smartphone, tablets, iPad etc.
Mobile Browser-based Trading Platform: Angel Lite
This is a browser-based platform and is specifically made for slow GPRS connections. This can be used without downloading and/or installing.
Angel Broking Customer Support
Here is the list of support this broking company provides to their client
Angel Broking Complaints & Feedback
Find the list of total complaints lodged & resolved at both the exchanges.
|Lodged in BSE||128|
|Resolved in BSE||128|
|Lodged in NSE||196|
|Resolved in NSE||196|
Angel Broking’s Feedback team seems to be very proactive as they resolve all the client complaints & feedback within 48 hours.
Angel Broking Advantages & Disadvantages
Here are the list of pros & cons of Angel Broking
- Great offers
- Strong advisory services via ARQ
- Smart trading platforms
- With Pan India presence
- Offline/online transaction facility
- Latest MF news alerts
- It helps investors to make forays into the derivatives market
- Prescribes minimum brokerage charges
- Does not provide any brokerage calculator
Angel Broking Branch Set-up
Andhra Pradesh – Chittoor, Hyderabad, Kakinada, Medak, Nellore, Rajahmundhry, Vijaywada, Vishakhapatnam, Warangal
Bihar – Patna
Chhattisgarh – Bilaspur, Raipur
Delhi NCR – New Delhi, Faridabad, Gurgaon, Noida
Gujarat – Ahmedabad, Amreli, Anand, Baroda, Bharuch, Bhavnagar, Deesa, Gandhidham, Gandhinagar, Gondal, Himatnagar, Jamnagar, Junagadh, Mehsana, Nadiad, Palanpur, Patan, Porbandar, Rajkot, Surat, Vapi
Haryana – Ambala, Hisar
Jharkhand – Jamshedpur
Kerala – Cochin, Kottayam, Thrissur, Trivandrum
Madhya Pradesh – Bhopal, Chattarpur, Gwalior, Indore, Rewa
Maharashtra – Ahmednagar, Amravati, Aurangabad, Jalgaon, Kolhapur, Mumbai, Nagpur, Nasik, Pune
Orissa – Bhubaneswar
Punjab – Amritsar, Chandigarh, Jalandhar, Ludhiana, Patiala
Rajasthan – Ajmer, Beawar, Bikaner, Jaipur, Jodhpur, Kota, Udaipur
Tamil Nadu – Chennai, Coimbatore, Erode, Madurai, Salem, Trichy
Uttar Pradesh – Agra, Allahabad, Bareilly, Dehradun, Ghaziabad, Kanpur, Lucknow, Meerut, Sonebhadra, Varanasi
West Bengal – Asansol, Durgapur, Kolkata
Angel Broking Conclusion
With more than 1.1 million client base, Angel Broking is one of the largest nonbanking full-service brokers in the country. The broking house is always one of the 1st choices of any type of investor.
Their flexible brokerage plan attracts both traders & long term investors. They have a very good offline presence & very strong feedback 7 support team. The trading company is very innovative in launching new things like ARQ, Portfolio Score & others.
Angel Broking is now providing flat rates for trading, so it is better to invest through Angel Broking to avail all kinds of investment services rather than trading with any discount broker which has very limited services.
They are very fast at adopting any new things & also moving very fast in all kinds of digital innovation.
Note* – We suggest to open a demat account with angel broking without any hassle as they are known to be one of the best in the industry.
Pay only ₹20 per order for Intraday, F&O, Currencies, and Commodities.