Angel One Review

(3.2)
Full Service Broker Depository: CDSL
320

A full-service broker in India offering a wide range of investment and trading services at the same cost as that of discounted brokers. Angel One has an active client base of 76,31,012 as of November 2024.

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

₹0

Account Maintenance Charges

₹240

Call & Trade Charges

₹20
Brokerage

Equity Delivery Brokerage

₹0

Equity Intraday Brokerage

0.03%

Equity Futures Brokerage

₹20

Equity Options Brokerage

₹20

Currency Futures Brokerage

₹20

Currency Options Brokerage

₹20

Commodity Futures Brokerage

₹20

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 Speed Pro Angel One Trade Angel One App Angel ARQ
Pros

Advantages and Strengths of this broker.

  1. Provides Full-service brokerage services at low brokerage fees.
  2. Flat brokerage fee of just ₹20 across segments.
  3. Free tips on ARQ, the Robo advisory app.
  4. Free advisory tips for mutual funds and equities.
  5. Provides an option to invest in Corporate bonds.
Cons

Disadvantages of this broker that it needs to improve upon.

  1. Trading in SME shares isn’t allowed.
  2. It does not offer the facility of a 3-in-1 account.
  3. GTC, and GTT facilities are not available.
  4. The cost of broker-assisted trades (call and trade) is ₹20 per executed transaction.
  5. Reviews show constant cross-selling pressure from Angel One’s RMs to buy other products.
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 One

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 One? Know Everything about Angel One here.

Verdict

Angel One offers a wide range of services that make it an attractive choice for both beginners and professional traders. With innovative trading strategies and personalized assistance, it has served a large base of investors. It makes the investing journey rewarding for users by charging competitive rates on equity transactions and competing with discount brokers. 

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 loans against shares.

If you are an Investor, the broker provides you with

  • Free Equity delivery brokerage for stocks.

  • Research reports for informed decision-making.

  • Separate knowledge center for investor education.

  • ARQ (Angel One’s AI-based investment advisory software for stock and mutual fund recommendations) for index-beating returns.

Trading Tools

Angel one provides a number of tools that give an overall idea of the trades and market. There are a total of four tools; Speed Pro, Trade, App, and Prime. Each has a specific purpose for various investors and traders.

Angel Speed Pro

This is a trading software that can be easily downloaded on your desktop or laptop. This offers the following features:

  • A single-user interface to access multiple segments of the market,

  • Seamless trading and monitor positioning from one window,

  • Live stream of market prices,

  • Orders are executed instantly,

  • Easy monitoring of net trade positions, gains, and losses,

  •  Downloadable live market data,

  • News updates and price alerts to help monitor the movements of individual stocks,

  • Demo video for instructions on using the system to transact.

Angel One Trade

This is a web-based online trading platform for traders who wish to log in directly instead of downloading the software. Through this, users can trade in multiple segments using a single platform. Some of its features are:

  • Easy to add and manage multiple portfolios under one umbrella,

  • Up-to-date market information and news to facilitate trading,

  • The convenience of multiple watchlists for desired stocks,

  • Advanced stock screener and interactive charts,

  • Price alerts through notifications.

Angel One App

This app is available on mobiles for investors and traders on the go. ARQ, Angel's investment advisory software which uses AI and data intelligence to make stock and mutual fund recommendations, is also embedded in this app. The essential features include:

  • Portfolio monitoring for better investment planning and minimizing risk

  • Interactive advanced technical charts to interpret the price actions 

  • Various watchlists to monitor the potential opportunities.

  • Instant market news updates and Price Alerts

  • Financial analysis, including ratio analysis

  • Access to all ledger, DP, and mutual fund reports.

Angel ARQ (Investment Advisory Tool)

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

  • It identifies the timing for the entrance and exit of the market for stocks

  • A rule-based advisory engine that recommends up to 15 stocks for investment

  • No minimum requirement to start investment.

Charges Details

For Equity 

CHARGES

DELIVERY

INTRADAY

FUTURES

OPTIONS

Transaction Charges

0.00325% - NSE
 

0.00325% - NSE
 

0.00190% - NSE

0.05% - NSE

GST

18% on Brokerage + Transaction

18% on Brokerage + Transaction

18% on Brokerage + Transaction

18% on Brokerage + Transaction

STT

0.1% On Both Buy & Sell 0.025% Only On Sell. 0.02% 0.1%

SEBI Charges

₹ 10 per crore

₹ 10 per crore

₹ 10 per crore

₹ 10 per crore

For Commodity 

CHARGES

FUTURES

OPTIONS

Transaction Charges

Group A - 0.0026%
Group B - 0.00005%

0.05% On Premium Value

GST

18% on Brokerage + Transaction

18% on Brokerage + Transaction

CTT

Sell-side, 0.01% for Non Agri

Sell-side, 0.05%

SEBI Charges

Agri - ₹ 1 per crore; Non Agri - ₹ 10 per crore

₹ 10 per crore

For Currency 

CHARGES

FUTURES

OPTIONS

Transaction Charges

0.0009% - NSE
0.00022% - BSE

0.0035% - NSE
0.001% - BSE

GST

18% on Brokerage + Transaction

18% on Brokerage + Transaction

STT

-

-

SEBI Charges

₹ 10 per crore

₹ 10 per crore

Angel One Complaints & Stats

Company name:

Angel Broking Limited

Contact:

022-43413637

Email:

support@angelbroking.com

Active Users:

76,31,012
Angel One Customer Reviews

Overall Rating

4.4

Based on 47 reviews

View all 47 Reviews

Rating Summary

5
65%
4
17%
3
10%
2
4%
1
2%

Review Analytics

Platform 3 votes

Charges 1 votes

Transparency 0 votes

Features 3 votes

Customer Support 4 votes

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utkarsh shinde

(5)

Posted on 23 Jun 2022

Best

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ravi jivrajani

(5)

Posted on 15 Jun 2022

All carges is regneble

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manas godbole

(5)

Posted on 26 Apr 2022

Overall good

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karthik l

(5)

Posted on 24 Feb 2022

Good...

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gama khan

(5)

Posted on 23 Feb 2022

Good

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sahil jain

(5)

Posted on 14 Feb 2022

Its best broker because giving service like full but charges are like discount broker . Its hybrid broker.

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narottam bag

(5)

Posted on 27 Jan 2022

Good but improve technology and services keep it fast service

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raj jayant poladia

(4)

Posted on 24 Jan 2022

Account opening experience was smooth. I opened my account with Angel One in Sept'20 it was hassle free and takes less than 10 min (if all docs are prepared before starting). Only area of improvement I feel is the app experience is not smooth and rich. Also lately there have been technical glitches which impacted fund loading. For me it was not bad as I am not active trader so overall I think it's a good broker with very reasonable charge.

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rajat maheshwari

(4)

Posted on 27 Nov 2021

App and website interface could be improved.

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vipul vinayak vaidya

(5)

Posted on 23 Nov 2021

Nice

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chaure narayan

(3)

Posted on 28 Sep 2021

Guide of stock market

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ayush agarwal

(5)

Posted on 23 Aug 2021

nice

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shankar ghode

(5)

Posted on 02 Aug 2021

Nice

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sureya ks

(5)

Posted on 31 Jul 2021

Best broker ever compared to others. No hidden charges and no problems in app like zerodha.

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priyanshu

(5)

Posted on 30 Jul 2021

It is free demat ACC opener and also provide good service

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raakesh rana

(5)

Posted on 28 Jul 2021

App is improving,.platform is simple and easy at new spark app of angel.

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knight's creation and animation craft

(5)

Posted on 12 Jul 2021

Best

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ajay khonde

(5)

Posted on 11 Jul 2021

Amazing Brocker. Amazing user interface app. No high brokrage

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yatin patel

(5)

Posted on 22 Jun 2021

Good

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subrata mondal

(5)

Posted on 09 May 2021

Good

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mohsin khan niazi

(4)

Posted on 03 May 2021

Nice

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danesh taunk

(5)

Posted on 02 May 2021

Full time broker with cost of discount broking charges and even low than peers in some places. Superb call supports. Provide various platform apps for different users, like Angel Spark for New Investors and Normal app for Experienced Investors.Using it for almost 1 year now and very happy with the services. Deserves 5 stars.

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kavya kathuria

(5)

Posted on 29 Apr 2021

Great

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k. ritika

(5)

Posted on 23 Apr 2021

Awesome

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mangukiya darsh pravinbhai

(5)

Posted on 23 Apr 2021

Good

Frequently Asked Questions

Angel One is known as the largest full-service retail broker of India. With more than two decades of broking experience, Angel One has effectively managed to have a pan-India presence in over 1800 cities and towns. Angel One, with its modern technology and functional trading platform, serves their best when it comes to investment and trading advisory services. And it is also known for its transparent working policies and ethical practices.

You can open a Demat account in Angel One in 2 ways:

1. Online Account Opening (Digital KYC)

  • Go to the Angel One website and go to the account opening page. 

  • Fill the application form, submit all the essential documents for In-person KYC verification and identity verification.

  • Pay the charges associated with the Demat account.

  • On the complete verification of the document, your Demat account opens, the confirmation mail will be sent to you on your registered mail ID.

2.  Visit Angel Branch Office.

Angel One offers account opening through the online Digital Know your Customer (D-KYC) process. It takes 24 hours to get the activation details. This is the fastest way of opening a Demat and trading accounts.

Angel One is a safe stock broker for trading and investment. Angel One is one of the largest full-service stock brokers in India. They started business in 1987. They are registered members of SEBI, BSE, NSE, MCX and NCDEX.

Angel One offers zero brokerage charges for long-term delivery trades and maximum Rs. 20 per trade for Intraday, F&O, and all other traders. Click the link to view the segment-wise brokerage charges while trading and Angel One Review.

Angel One has the facilitation of research and advisory services. Through this one can get complete access to financial reports and analysis, daily and weekly technical reports, economic and market-related information of stocks of more than 150 companies. They also provide stock market education, in order to create awareness among the traders, and this is exactly what beginners are in need of.

Delivery means you buy shares and hold them overnight and take delivery of them, then the stocks get reflected in your Angel One Demat account, and you can sell them whenever you want. When one takes up the option of delivery, they are more interested in investment opportunities rather than only trading.

DP Charges means that Depository Participants charge certain fees every time you sell shares from your Demat Account. These are hidden charges. So, whether you sell 1 share or 100 the DP charges remain the same. 

You can’t avoid DP charges in delivery trades; however, there are few ways by which you can avoid the charges:

  • By closing your position intraday.

  • By taking BTST trade.

  • By trading in the futures segment.

Funds might take up to 2 days to show up in your trading account after a sale as the exchanges take T+2 days to settle trades. Once you have the money in your Angel One trading account, it can be easily transferred to the registered bank account.

After Market Order (AMO) means placing orders post the market hours for the next day trading. In simple words, placing any orders for buying or selling equity derivatives and commodities after the stock markets have closed for the day.

Margin refers to money borrowed from a brokerage firm in order to leverage an investment. Buying on margin is like borrowing money to purchase securities. You pay only a certain percentage (margin) of the cost; the rest of the money is borrowed from the broker. The margin which is provided by angel broking is 1x upto 30x.

POA (Power of Attorney) is a legal document which is required as per regulations for the smooth operation of Demat account. In case you are not able to send the POA and still need to sell the stocks, you may give your broker an electronic instruction called DIS (Delivery instruction Slip).

An AngelOne demat account cannot be closed online alone by making an online request for account closure via email only. To close an AngelOne demat account, an application must be submitted in person along with the hard copy of necessary documents. In case more than one persons share the demat account, all the account holders need to sign the closure form.

The following details must be furnished along with the hard copy of the application:

  1. Your ID and your Depository Participant ID.

  2. KYC details like name and address that match with details submitted to AngelOne.

  3. The reason for closing the demat account.

  4. Ensure that there are no dues on your account as well as no untraded securities.

  5. A bank employee must mandatorily submit and verify the self-attested identity proof copy.

In case the delivery instruction booklet is not completely used, submit the unused portion back to the DP.

If there are remaining holdings in the demat account, proceed with the following steps:

  1. Download and fill the closure form.

  2. Fill the Delivery Instruction Slip to transfer remaining securities. The account holder names and details on both accounts should be the same.

  3. Submit the client master report from the central depository of the new account, along with the relevant stamp, signature and logo.

  4. Submit closure form along with DIS, CML and other necessary documents at the nearest branch office or at the DP’s head office.

To withdraw money from your AngelOne account, follow the steps below:

  1. Log in to your AngelOne account.

  2. Click on “Menu”.

  3. Click on “Funds”.

  4. Under the “Withdrawals” tab, check the Releasable Amount. The releasable amount is less than the funds shown in the trading account as part of said funds are held for brokerage charges, margin requirements, etc.

  5. Enter the Withdrawal Amount, this has to be less than the Releasable Amount.

  6. Click the “Submit” button to confirm the withdrawal request.

Angel One is a leading financial services company that offers a wide range of services including stock broking, mutual fund investment, margin funding, loan against shares, and financial product distribution.

Angel One is known for its innovative and user-friendly trading platforms, which are available on web, mobile, and desktop. The company also offers a variety of research and educational resources to help its customers make informed investment decisions.

To open a trading account with Angel One, you can follow these steps:

  1. Visit select.finology.in website and click on the "Brokers" tab.
  2. Click on 'All Stock Brokers' and choose 'Angel One' from the list.
  3. Click on 'Apply Now' button and you'll be redirected to Angel One's platform.
  4. Enter your personal details, such as your name, mobile number, and email address.
  5. Choose a depository participant (DP) to open your account with. Angel One offers two DPs - CDSL and NSDL.
  6. Complete the eKYC process by uploading your PAN card, Aadhaar card, and bank statement.
  7. Review and submit your application form.

Once your application is approved, you will receive your trading account details within 24 hours. You can then start trading on the stock market using your Angel One trading account.

Here are the documents required to open a trading account with Angel One:

  • PAN card
  • Aadhaar card
  • Bank statement

You can also open a trading account with Angel One by visiting one of their branches.

Here are some of the benefits of opening a trading account with Angel One:

  • Zero brokerage on equity delivery trades
  • Competitive brokerage rates on other trade types
  • User-friendly trading platforms
  • Variety of research and educational resources
  • Strong track record

If you are looking for a reliable and affordable stock broker, Angel One is a good option to consider.

Angel One offers a variety of trading platforms to suit the needs of different types of traders. These platforms are available on web, mobile, and desktop.

Angel One Web Trading Platform

The Angel One web trading platform is a user-friendly platform that is ideal for beginners and experienced traders alike. It offers a wide range of features, including:

  • Real-time market data
  • Advanced charting tools
  • Market watch
  • Personalized watchlist
  • Portfolio management
  • Research and analysis reports

Angel One Mobile Trading App

The Angel One mobile trading app is a convenient and easy-to-use platform that allows you to trade on the go. It offers all the features of the web trading platform, as well as some additional features, such as:

  • Biometric login
  • Push notifications
  • Widgets

Angel SpeedPro

Angel SpeedPro is a desktop trading platform that is designed for active traders. It offers a range of advanced features, including:

  • Customizable trading layouts
  • Hotkeys for quick order placement
  • Real-time market data
  • Advanced charting tools
  • Market watch
  • Personalized watchlist
  • Portfolio management
  • Research and analysis reports

SmartAPI

SmartAPI is a trading platform that allows you to automate your trading strategies. It is a powerful tool that can be used to create complex trading algorithms.

ARQ Prime

ARQ Prime is a research and analysis platform that provides you with insights into the stock market. It offers a range of features, including:

  • Stock recommendations
  • Technical analysis reports
  • Fundamental analysis reports

In addition to these platforms, Angel One also offers a variety of other tools and resources to help you make informed investment decisions. These include:

  • Angel One Knowledge Center: The Angel One Knowledge Center is a comprehensive resource that provides you with information on a wide range of topics, including stock markets, mutual funds, and personal finance.
  • Angel One Webinars: Angel One regularly conducts webinars on a variety of topics related to investing and trading.
  • Angel One YouTube Channel: The Angel One YouTube channel has a variety of videos that can help you learn about investing and trading.

If you need help, their customer support team is available to assist you. You have two options for requesting assistance:

1. Give them a call:
Speak with one of their customer care representatives at 1800 1020. Clearly explain your question or issue to the representative. They will create a record of your request.

2. Send an email:
You can also email your question or issue directly at support@angelone.in. In your email, provide a detailed description of your question or issue. Thier team will create a record of your request.

After you submit your request through one of the methods above, they will email you at your registered email address. This email will contain a unique reference number for your request.

Yes, Angel One provides a variety of research and analysis tools to help its customers make informed investment decisions. These tools include:

  • Fundamental analysis tools: These tools help investors assess the intrinsic value of a stock by evaluating factors such as earnings per share, price-to-earnings ratio, return on equity, and price-to-book ratio.
  • Technical analysis tools: These tools help investors analyze historical market data of price and volume to forecast the direction in which prices will move.
  • Research reports: Angel One provides a variety of research reports, including daily, weekly, and rollover reports on the Nifty, Nifty Bank, and other key market indices. These reports also include analysis of individual stocks and sectors.
  • Stock recommendations: Angel One's research team provides stock recommendations through its ARQ Prime platform. These recommendations are based on a combination of fundamental and technical analysis.

In addition to these tools, Angel One also offers a variety of educational resources to help its customers learn about investing. These resources include articles, videos, and webinars on a variety of topics, such as how to read financial statements, how to conduct technical analysis, and how to build a portfolio.

Here are some specific examples of Angel One's research and analysis tools:

  • Angel One Superapp: This mobile app provides users with access to a variety of research tools, including real-time market data, charts, and news.
  • Angel One Web trading platform: This platform provides users with access to a wider range of research tools, including technical indicators, screeners, and research reports.
  • Smart API: This API allows users to integrate Angel One's research data into their own trading platforms.
  • Angel NXT: This is Angel One's next-generation trading platform, which offers a variety of features, including advanced research tools and portfolio analytics.
  • ARQ Prime: This is Angel One's research platform, which provides users with access to fundamental and technical analysis reports, as well as stock recommendations.

Angel One's research and analysis tools are designed to help investors of all levels make informed investment decisions.

No, there is no minimum balance requirement for maintaining an account with Angel One. You can open a demat account with Angel One with zero balance.

However, there are some annual maintenance charges (AMC) associated with Angel One demat accounts. The AMC for the first year is zero, but from the second year onwards, you will be charged a monthly AMC fee of Rs.20 along with taxes.

Angel One has a transparent pricing structure with a flat brokerage fee of Rs. 20 per executed order for equity delivery, intraday, and futures & options trades. However, there are some conditions and additional charges to consider:

Brokerage Charges:

  • Equity Delivery: Rs. 20 or 0.1% per executed order, whichever is lower (minimum Rs. 2)
  • Equity Intraday: Rs. 20 or 0.03% per executed order, whichever is lower  
  • Futures & Options: Rs. 20 per executed order

No, Angel One is not entirely free.

While they offer a 30-day free trial with zero brokerage on trades up to Rs. 500, after that, you'll be charged a flat fee of Rs. 20 per executed order for equity delivery, intraday, and futures & options trades. Additionally, there are regulatory charges, depository participant charges, and other fees applicable.

As of November 1, 2024, Angel One charges a flat fee of Rs. 20 or 0.1% per executed order for equity delivery trades, whichever is lower, with a minimum charge of Rs. 2.  

Angel One offers various intraday plans with different brokerage charges. These plans typically charge a flat fee per order or a percentage of the turnover. You can choose a plan that best suits your trading style and frequency.

 

 

Angel One offers zero brokerage on equity delivery trades for the first 30 days. After that, the brokerage is the lower of Rs. 20 or 0.1% per executed order, with a minimum charge of Rs. 2.

Similar to equity delivery, Angel One offers zero brokerage on intraday trades for the first 30 days. After that, the brokerage is the lower of Rs. 20 or 0.03% per executed order.

You can check your current brokerage plan in the Angel One app by following these steps:

  1. Go to the "Account" section.
  2. Navigate to "Profile."
  3. Select "Brokerage & Charges."

Note: Brokerage charges and plan details are subject to change. It's always advisable to check the latest information on the Angel One website or app.