Full Service Broker Depository: CDSL
49

A full-service broker in India offering a wide range of investment and trading services at the same cost as that of discounted brokers.

Product Basket

The segments in which you can invest (includes Equity, Commodity, Currency, Futures and Options) through this broker

Equity
Commodity
Currency
Futures
Options
Brokerage Plans (Single Plan)

1 or more plans offered by this broker, which outlines, Account opening and maintenance fees charged by this broker, Brokerage charges and Margins provided. Use plan switcher to see the difference in offerings, if multiple plans are available.

Charges

Account Opening Charges

Free

Account Maintenance Charges

₹ 240

Call & Trade Charges

₹ 20
Brokerage

Equity Delivery Brokerage

Zero

Equity Intraday Brokerage

0.05%

Equity Futures Brokerage

0.05%

Equity Options Brokerage

₹ 20

Currency Futures Brokerage

0.05%

Currency Options Brokerage

₹ 20

Commodity Futures Brokerage

0.05%

Commodity Options Brokerage

₹ 20
Margins

Equity Delivery Margin

1x

Equity Intraday Margin

4x

Equity Futures Margin

4x

Equity Options Margin

3x/4x

Currency Futures Margin

4x

Currency Options Margin

3x/4x

Commodity Futures Margin

4x

Commodity Options Margin

0x
Trading Platforms Learn More

Set of software & applications offered by the broker for executing buy and sell orders online. These are names of their portals and mobile apps, for full desc- Full Platform Details.

Angel Broking Application Angel Broking Trade-Website Angel Bee
Pros

Advantages and Strengths of this broker.

  1. Provides Full-service brokerage services at low brokerage fees.
  2. Offers free investment advisory and research tools to the customers.
  3. Provides event-based daily, weekly and monthly reports to facilitate informed decision making.
  4. Provides free equity delivery.
  5. Provides an option to invest in Corporate bonds.
Cons

Disadvantages of this broker that it needs to improve upon.

  1. Call & Trade is charged for an extra ₹20 per executed order.
  2. One should not expect excellent customer support.
  3. The mobile interface is difficult to understand.
  4. Provides only regular Mutual Fund plans.
Additional Features

Extra features provided by the broker at little or no extra cost. Like research reports, SMS alerts etc.

3 in 1 Account
Free Trading Calls
Free Research Reports
SMS Alerts
Margin Funding
Margin Against Share
Other Investment Options

Services provided by the broker for investing in other financial assets such as Mutual funds, Insurance, Bonds etc.

Mutual Funds
IPO Platform
Bonds & Debt
Exchange Traded Funds
Insurance
Finology Ratings & Reviews for Angel Broking

Ratings are provided based on customer service, usability, charges and overall average. Reviews are based on positive and negative aspects of the broker that help you understand this broker better.

Charges

(4)

Usability

(3)

Customer Service

(2.5)

Charges Review

  • Even though they are a full service broker, their brokerage charges are minimal.
  • Equity delivery is free & for other segment charges are fixed.
  • Only single (Standard) plan on offer, but incurs more charges in the form of Pay Per Order etc.

Customer Service Review

  • Provides email and call support but the response is delayed.
  • Does not provide an option of raising a ticket.
  • Bot support (virtual trading assistant named Angie) is also available at their website.
  • They have many physical branches which makes it convenient for their customers to avail support.

Ease of Use Review

  • Their trading platforms are user friendly and technologically advanced as well.
  • Their mutual fund investment platform (Angel BEE) offers Regular plans only.

Account Opening Procedure Review

  • For individual accounts, the online account opening process is quite complicated, a slightest discrepancy with respect to details can reject your application.
  • An additional clause with online account opening is that you need to send a few documents mandatorily for physical verification.
  • The offline procedure is also time consuming.

Why Choose Angel Broking? Know Everything about Angel Broking here.

Verdict

Angel Broking is the only full service broker that offers a Standard discount plan. It offers ‘ARQ Advisory’ (automated and integrated) that covers both technical as well as fundamental analysis. It also offers a free learning platform (Smart Money). Angel Broking also provides loan against shares which makes it more suitable for traders.

If you are a Trader, the broker provides you with

  • Provides daily technical & derivative reports without any additional costs.

  • Flat brokerage on intra-day and derivatives trading.

  • Provides loan against shares.

If you are an Investor, the broker provides you with

  • Provides research reports for informed decision making.

  • Have a knowledge centre for investor education.

  • Provides stock advisory services through a separate platform.

  • AQR (investment advisory) offers index-beating returns.

Trading Tools

Angel Broking Mobile Application

It is the Angel Broking’s Application used for trading. This app offers trading in different segments like Equity, Derivatives, Currency, and Commodities at BSE, NSE, MCX, and NCDEX including the option to invest in IPOs. The app is easy to use for both value investors as well as frequent traders. Customers get real-time quotes & charts, live news, multiple watchlists, research reports, holdings, margin statements, order summary, and more.

Angel Broking Trading Website

Angel Broking Trade is the web trading platform of the company. It offers features to manage and build a comprehensive portfolio along with providing share trading tools, hence making the process seamless.

Angel BEE

It is a mobile application meant for research and investment in Mutual Funds. It requires zero paperwork and investment is possible via SIPs as well as Lump Sum. They allow investment only in regular plans.

Angel ARQ (Investment Advisory Tool)

ARQ is a tech-based investment advisory engine that offers personalised stock recommendations to investors. The tool aims at providing the best asset allocation advice after understanding a user’s risk preferences.

Charges Details

For Equity 

CHARGES

DELIVERY

INTRADAY

FUTURES

OPTIONS

Transaction Charges

0.00325% - NSE
0.003% - BSE

0.00325% - NSE
0.003% - BSE

0.0019% - NSE

0.05% - NSE

GST

18% on Brokerage + Transaction

18% on Brokerage + Transaction

18% on Brokerage + Transaction

18% on Brokerage + Transaction

STT

₹ 100 per Lacs

Sell-side, ₹ 25 per Lacs

Sell-side, ₹ 10 per Lacs

Sell-side, ₹ 50 per Lacs

SEBI Charges

₹ 5 per crore

₹ 5 per crore

₹ 5 per crore

₹ 5 per crore

For Commodity 

CHARGES

FUTURES

OPTIONS

Transaction Charges

Group A - 0.0026%
Group B - 0.00005%

-

GST

18% on Brokerage + Transaction

18% on Brokerage + Transaction

STT

Sell-side, 0.01% for Non Agri

Sell-side, 0.05%

SEBI Charges

Agri - â‚¹ 1 per crore; Non Agri - â‚¹ 5 per crore

₹ 5 per crore

For Currency 

CHARGES

FUTURES

OPTIONS

Transaction Charges

0.0009% - NSE
0.00022% - BSE

0.00325% - NSE
0.001% - BSE

GST

18% on Brokerage + Transaction

18% on Brokerage + Transaction

STT

-

-

SEBI Charges

₹ 5 per crore

₹ 5 per crore

Angel Broking Complaints & Stats

Company name:

Angel Broking Limited

Contact:

022-43413637

Email:

support@angelbroking.com
Angel Broking Customer Reviews

Overall Rating

4.1

Based on 21 reviews

Rating Summary

5
47%
4
23%
3
19%
2
9%
1
0%

Review Analytics

Platform 3 votes

Charges 1 votes

Transparency 0 votes

Features 3 votes

Customer Support 4 votes

farid khan

(3)

Posted on 12 Apr 2021

Angel Broking deserve 4 start but i am giving only 3 star because it is not providing GTC or GTT feature

gohil ayush dipenbhai

(3)

Posted on 08 Apr 2021

The charge of depository is very high , dp charge js 23.5 with GST

ashok sharma

(3)

Posted on 05 Apr 2021

They are definitely cheaper compared to competitors and offers all standard functionality. Have not used for trading but for investment buying have not faced any issues on buy or sale. Also support is slow but responds over email in time. A proper ticket system exists. I had a ticket created for my complaint. Gave only 3stars as they do not have any active customer support for queries. Only call and trade.

sahil shaw

(5)

Posted on 30 Mar 2021

Veri nice

dnyaneshwar salunke

(5)

Posted on 11 Mar 2021

Very good

shyam upadhyay

(5)

Posted on 22 Feb 2021

My analysis

souvik dhar

(3)

Posted on 08 Jan 2021

It's not provide direct mutual fund for purchase

sunil saragar

(5)

Posted on 24 Dec 2020

Good Application, easy to handle, User friendly, Good application view.

ganesh jayaraman

(4)

Posted on 22 Dec 2020

Software can be better. Sometimes, you need to navigate a lot to get to the right place... Charges are OK. What I really loved with this broker was that they dont keep calling you under the guise of giving you tips.

siddharth chawla

(4)

Posted on 22 Dec 2020

Good

abhinav singhal

(5)

Posted on 21 Dec 2020

Smooth app customer support was great nd for new comers like me things were very simple nd clear like funds tab nd p&l portfolio nd everything was within app nd easy unlike zerodha were we need to go into browser for even simple statements check nd process is complicated. I used zerodha also but that's way too complicated for new people

shreejav shah

(2)

Posted on 21 Dec 2020

App is very confusing and not run on 4G network properly.

karthik ganesh dudwadkar

(4)

Posted on 21 Dec 2020

i am using angel broking since last 6months i feel its very good broker in its service and its easy to use their app but i feel 1 problem that its debit amount of 23.60/-rupee once in month i have call their customer care services are just excellent i just not like debit of every month overall broker is excellent.

satyam kheni

(5)

Posted on 20 Dec 2020

I have demate account with angel broking. Very good user experience and also customer support.

jadhav sandip

(5)

Posted on 20 Dec 2020

Best experience for me

ritam roy

(5)

Posted on 20 Dec 2020

Am very much satisfied with the reservices and I use there demat Account formore than 3 years.

prabhat sen

(5)

Posted on 19 Dec 2020

I ll used this broker last 2 years I have make some wrong decision in stock selection but I choose best stock broker in india.

pramod mondal

(2)

Posted on 19 Dec 2020

Good

sunny mandhare

(5)

Posted on 19 Dec 2020

Try All brokers but angel broking is best ??????

santosh gitte

(4)

Posted on 18 Dec 2020

Easy to handle .. tool's are much better ...ARQ is very nice make me sure in my research...

swaraj s

(4)

Posted on 18 Dec 2020

Their is good improvement needed with stability of app,but user interface is very good and keep on improving