Angel One Review 2024

Angel Broking, now known as Angel One, is a full-service broker that aims to make trading easy and affordable and has been in business for over 27 years. With 1.75 crore registered users and over 61 lakh active clients as of March 2024, Angel One stands out as one of the most popular and trusted full-service discount brokers in India. 

You might be wondering what we mean by 'full-service discount broker'. Well, Angel One is a unique blend of discount and full-service brokers. As a discount broker, they offer the lowest rates on equity transactions, while as a full-service broker, they provide a variety of services such as research reports and advice to clients. 

In this blog, we will take a closer look at Angel One and give you an insight into its key features, brokerage charges, pros and cons, trading tools, and the easiest way to open a Demat account with it. So, let's dive in and learn more!

Features of Angel One 

Angel One is committed to making innovations on a regular basis while keeping the user's requirements in mind. It offers a plethora of features and benefits that cater to the needs of both beginners and experienced investors. Some of them are:

1. User-Friendly Interface: Whether you're a beginner or a seasoned pro, the platform's layout is clean and uncluttered, ensuring a smooth and hassle-free experience. The most essential features are easily accessible and prominently displayed, making navigation straightforward and intuitive.
2. Knowledge Center: Angel One provides investors and traders with valuable resources for learning about investing with its Knowledge Center and Smart Money tool. They empower you to navigate the complexities of the stock market with structured lessons and give you practical insights in a wide range of formats, i.e., text and video to infographics, podcasts, and even quizzes! 
3. Trading Platforms: Angel One provides a comprehensive range of trading tools, such as the Angel One Super App, Angel One Web Trading Platform, and Angel One Smart API, all equipped with cutting-edge technology and features, including charts, option chains, multiple watchlists, portfolio viewing, order placement, open positions, and much more!
4. Product Basket: It provides a wide range of investment and trading opportunities to cater to your diverse needs. With Angel One, you can invest in and trade a variety of segments, including Initial Public Offerings (IPOs), stocks of both domestic and foreign companies, futures and options, US stocks, currency, commodities, mutual funds, and bonds. 
5. Additional Features: The platform provides an array of valuable extras to enhance your trading experience. These include free trading calls, detailed research reports, real-time SMS alerts, a streamlined KYC process, expert assistance with fundamental and technical research, engaging webinars, and other useful resources.

Angel One Brokerage Charges

Angel One Trading Platforms

Angel One offers a range of trading platforms to cater to the diverse needs of investors. The platform provides a web-based trading platform, Angel One Super App, and Smart Money. Each platform is designed to provide a seamless and intuitive trading experience, allowing you to trade anytime, anywhere.

1. Angel One Super App

Angel One Super App is a comprehensive and user-friendly platform designed to empower investors of all levels. It offers a seamless experience for managing your investments in a variety of asset classes, including equities, Mutual Funds, US stocks, IPOs, commodities, futures, and options. Here are some of the key features of the Angel One Super App:

• Beginner-friendly with a clear dashboard to view portfolio performance, market trends, and notifications
• Analyse market data and identify trading opportunities with comprehensive charting tools like Option Chain, Access OI, and Greeks, and build your option strategies
• Smart Portfolio Analyser to minimise your risks and optimise your returns
• Super charting experience with TradingView Charts integration powered by over 100+ advanced indicators
• Stock picks by Angel One advisory and much more.

2. Angel One Web Trading

Angel One's web trading platform is software that helps you to place buy & sell orders. It allows you to see the current open position and portfolio. Here's a breakdown of its key functionalities:

• Track every rupee spent on brokerage and regulatory charges across different segments and orders with DASH (Detailed Analysis of Securities Holdings)
• Simplify Options trading with a user-friendly interface that displays both Call and Put options data together
• Candlestick precision through ChartIQ and a wide range of free and advanced Indicators on TradingView
• Stop Loss, GTT, Cover and more than seven types of orders in one place
• Stock picks by Angel One advisory
• External service provided by Smallcase, Sensibull, Vested & Streak

3. Smart Money

Angel One's Smart Money is a comprehensive education platform on investing and the stock market. It provides a range of features suitable for all levels of investors, traders, and beginners. Here's a breakdown of its key features:

• The vast library of online courses covering various topics, from stock market basics like trading and investing to advanced concepts like technical analysis and derivatives
• Structured lessons make it easier to learn at your own pace
• Learning is made engaging with video lectures, podcasts, articles, and quizzes
• Certificates after completion of your chosen courses

Pros and Cons of Angel One

Pros

1. It does not charge any fee for opening or trading a Demat account.
2. Offers a wide range of products and services, including equity trading, derivatives trading, commodity trading, currency trading, mutual funds, and IPOs.
3. Has user-friendly and easy-to-navigate platforms, even for beginners.
4. Provides a variety of research and educational resources to help investors make informed decisions.
5. Provides 24/7 customer support via phone and email.

Cons

1. Angel One has limited research and educational resources compared to other brokers.
2. Some users faced disruptions due to past technology issues.
3. Users have had trouble reaching Angel One's customer service representatives despite their 24/7 support.

Angel One, in comparison with other stock brokers

How to open an Angel One demat account?

Here's a step-by-step guide on how to open an Angel One Demat account:

Step 1: Visit Finology Select and go to the 'Brokers' section to find Angel One.
Step 2: Click on the 'Open Demat Account' button.
Step 3: You'll be redirected to Angel One's platform to fill out the application form.
Step 4: Provide your personal details like name, address, contact information, PAN card details, and Aadhaar card details. 
Step 5: Once your documents are verified and your application is approved, your Angel One Demat account will be activated.

Conclusion

After a thorough evaluation, Angel One stands out as a leading contender in the investment industry. It offers a user-friendly platform, extensive research tools, a wide range of investment options, and exceptional customer support. Whether you are a novice or an experienced investor, it provides you with the necessary resources to make informed investment decisions.

What sets Angel One apart from its competitors is its emphasis on user experience and cutting-edge technology. The platform is intuitive, provides comprehensive research capabilities, and offers a seamless trading experience. With Angel One, you can enjoy a hassle-free and efficient investment platform.

To compare Angel One with other stock brokers, click here.