Choice vs HDFC Securities vs Angel One

Broker Comparison

Choice

(3.4) Open Demat Account

HDFC Securities

(3.1) Open Demat Account

Angel One

(3.2) Open Demat Account
Basic Details
Broker Type
Broker Type Full Service Broker Full Service Broker Full Service Broker
Account Opening
Account Opening Free Free Free
Account Maintenance
Account Maintenance ₹ 200 Free ₹ 240
Broker Ratings
Usability
Usability (3.7) (3.4) (3)
Charged
Charged (3.5) (2.5) (4)
Customer Service
Customer Service (3) (3.5) (2.5)

Frequently Asked Questions

Angel Broking is known as the largest full-service retail broker of India. With more than two decades of broking experience, Angel Broking has effectively managed to have a pan-India presence in over 1800 cities and towns. Angel broking, 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 Broking in 2 ways:

1. Online Account Opening (Digital KYC)

  • Go to the Angel Broking 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 Broking 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.

HDFC is a prominent group in India. HDFC Demat account provides a wide range of products to its customers. HDFC securities provide multiple platforms and advanced tools to its customers.  They also provide research and tips to their customers which is useful for investors.

  • Click on “Open Demat Account” 

  • Select online and a form will open

  • Fill in the mandatory details and submit the form

  • Within two working days, you'll receive a call from an HDFC representative to verify the details and you will be asked to send identity and address proofs through emails

  • Finally, You will receive a successful account of your registered mobile number.

Indeed, HDFC does provide a Demat account. It has more than 2 million Demat accounts and more than 3500 Demat centres network. 

It provides two types of Demat account- Basic Services Demat Account and Normal Demat account.

Yes. Choice is absolutely safe. The company is a depository participant of CDSL and is also a member of BSE, NSE, MSEI, MCX and NCDEX. Established in 2010, it has been “Nurturing Financial Excellence” for over two decades now.

Opening an account is a very simple process. 

  1. Firstly, install the app Jiffy (Android and iOS) and click on “Don’t have an account” on the login page.

  2. Registration requires a few documents. The documents include Address proof, PAN card, Photograph, a cancelled cheque, your signature on a white paper and income proof. Once these documents are ready with you, click on “getting started”.

  3. Enter your mobile number and PAN number. Also, upload an image of your PAN card and give in other details required.

  4. Fill in other basic and address details in the space provided. 

  5. If you opted to add a nominee, give in the details pertaining to the same.

  6. Provide your economic details related to your educational qualifications, income slab, occupation, etc.

  7. Once that’s done, upload an image of the cancelled cheque and enter other bank details.

  8. Now select the segment you want to trade-in. The options available are equity, derivatives, currency, commodity.

  9. The next step involves in-person verification, which requires you to write the OTP provided on a white sheet, click a selfie clearly showing your face and the OTP.

  10. Upload other documents required.

  11. You will now enter the eSign page wherein you have to enter your Aadhar number and request for OTP.  Once the OTP is received and entered, clicking on Submit will complete the process.’

  12. You can also opt to send the documents to the company by way of courier.

For step by step guide click here.

Following the below steps will help you transfer the amount into your bank account in T+2 days

  1. Once you open the app, under Fund Details, click on Withdraw and select the exchange you wish to withdraw funds from.

  2. Enter the required amount.

  3. The bank set as default will be selected. You can change it in case you have multiple accounts. Once selected, give in remarks, if any.

  4. Tap Withdraw. You will receive an acknowledgement email and SMS.