Table of Contents
Introduction:
Angel Broking, founded in 1987, is one of India’s top full-service retail brokers, offering online discount brokerage services. The company provides a broad range of investing and trading services, including stock and commodities broking, investment advisory services, margin finance, loans against securities, and distribution of financial products.
As of June 30, 2018, Angel Broking had a significant neighborhood presence in India, with 110 branches and 11,000 sub-broker offices in over 1800 cities.
Angel Broking redesigned their brokerage programmes in November 2019 to compete with inexpensive stockbrokers such as Zerodha. Angel Broking currently provides the ‘Angel iTrade PRIME’ flat-rate brokerage package. This plan allows customers to trade in all sectors (Intraday, F&O, Currencies & Commodities) for a flat rate of Rs 20 per trade, except for Equity Delivery, which is offered free of charge to all users. The same straightforward rate applies across all exchanges and sectors.
Angel Broking is well-known for its cutting-edge trading software and financial advising services. Angel is the first large-size full-service broker to offer its customers discounted brokerage prices.
Angel Broking is one of India’s largest full-service brokerage firms. Let’s take a closer look at Angel Broking and gain a thorough grasp of its Demat Account, Brokerage Charges, Angel Trading Platforms, and other critical characteristics.
Angel Broking Ltd is a digital-first broker that has revolutionized retail trading in India by offering a broad range of financial products.
Throughout its history, the firm has been at the forefront of innovation. It is India’s fourth-largest broking business in terms of active clients on the National Stock Exchange.
Customer ratings and review:
To make investing easier and more affordable, the company introduced the “Angel iTrade Prime Plan,” which charges Rs.0 for equity delivery and Rs.20 per order for all other categories, including intraday, F&O, commodity, and currency trading.
| Sl.No | Particulars | Customer ratings (Out of 10) |
|---|---|---|
| 1 | Brokerage Charges & Fees | 9.5 / 10 |
| 2 | Platform UI | 9.0 / 10 |
| 3 | Products & Services | 8.5 / 10 |
| 4 | Trading Experience | 9.0 / 10 |
| 5 | Customer Service | 8.5 / 10 |
| 6 | Overall Experience | 8.9 / 10 |
Brokerage information
| Sl.No | Segment | Brokerage |
|---|---|---|
| 1 | Equity Delivery | Free! |
| 2 | Equity Intraday | Flat Rs.20 per trade |
| 3 | Equity F&O | Flat Rs.20 per executed order |
| 4 | Currency F&O | Flat Rs.20 per executed order |
| 5 | Commodity F&O | Flat Rs.20 per executed order |
| 6 | Demat AMC Charges | Rs.450 per year |
| 7 | Trading AMC Charges | Free! |
| 8 | Margin Money | Zero charges |
Pros:
- Brokerage services are available on a full-service basis for extremely low brokerage rates.
- Stockbroker with a flat fee of Rs 20 per order across segments and exchanges.
- Complimentary research and advising services. Expert provides comprehensive daily, weekly, and specialised research reports.
- Trading programme that is completely free (website, mobile, and trading terminal).
- There are numerous investing choices available, including equity trading, futures and options, commodities, prime brokerage, mutual funds, and insurance.
- We have a presence in hundreds of places across India.
- Over 30 years of expertise in the brokerage sector.
- For novices, training and hand holding are given.
- Margin trading is a trading option.
- Collateralized by securities.
- There are no fees associated with financial transfers.
- Trading systems that are superior
- Charges Rs.0 for equity delivery and Rs.20 per order for all other categories, including intraday, foreign exchange, commodities, and currency trading.
- ARQ Prime provides strong advising services.
- Excellent offers
- With a footprint throughout India
- Transactions can be conducted offline or online.
- Calculates brokerage fees.
User friendly services:
- ‘Angel Broking Mobile Application’ is a mobile trading application.
- Angel BEE is a mutual fund and systematic investment plan application.
- Angelbroking.com is a web-based trading platform.
- Angel SpeedPro is a desktop trading application.
- ‘Angel NXT,’ a robust platform for its Authorized Persons
- Angel Amplifiers is the industry’s first platform dedicated solely to social media influencers.
- ‘SmartAPI’ is a trading automation and charting application.
- ‘Smart Money’ educational platform
- International Investing in collaboration with Vested Capital
- UPI AutoPay for Mutual Funds: This is the first time that UPI AutoPay for Mutual Funds is being offered. It drastically reduces the time required to complete e-Mandate authentication for SIPs to a few seconds.
Cons:
- Angel Broking does not provide three-in-one accounts.
- Broker assisted trades (Call and Trade) are subject to an additional charge of Rs 20 per executed order.
- Prescribes a minimal level of brokerage fees
- This site does not include a brokerage calculator.
Conclusion:
Angel Broking is one of the largest technology-driven flat-fee digital brokers in the country, with 3.75 million operational broking accounts. When combined with its low fees and value-added services, the broking company is always a top pick for any type of investor.
Its adaptable brokerage model appeals to both traders and long-term investors. Another significant advantage of the trading firm is that, despite high volume and a technology-driven business, its platforms have never had significant server downtime or service disruptions – a fact that shows the brokerage firm’s technological advantages over competitors.
Additionally, it has a strong customer service team. The trading firm is highly inventive and is constantly expanding its product offering with new services such as ARQ Prime (investment engine), UPI AutoPay for Mutual Funds, SmartAPI (automated trading), International Investing in collaboration with Vested, and Angel Amplifiers.
Angel Broking has also given fixed pricing since last year. Thus, investing through Angel Broking and utilizing end-to-end investment services is preferable to trading with a budget broker that offers relatively restricted services.
They are nimble in their approach and also pioneer cross-industry digital innovation.
FAQ’s
- Is Angel Broking safe for trading?
Angel broking is one of the industry’s leading stock brokers, with the highest level of experience. They are a reputable house with a strong presence both online and offline via sub brokers. Their clientele is vast, and their affiliation with CDSL ensures their security and trustworthiness.
- Can I invest in an IPO through Angel Broking?
Yes, you may absolutely invest in an initial public offering through Angel Broking. You can fill out forms physically or online. We have covered the process in this post under the subheading – Initial Public Offering Investment with Angel Broking. Verify that you have read and understood all of the application’s terms and conditions.
- Is Angel Investing a Good Investment for Beginners?
They round out the list of stock brokers suitable for novices by facilitating research and advising services. Additionally, they provide stock market education in order to raise traders’ knowledge, which is precisely what newbies require.
- Is Angel Broking a source of research?
Due to the fact that this broker is a full-service stockbroker, you can take use of the research services. The broker has an excellent research and consulting team that assists traders with decision-making.
- Is there an Angel Broking trading application?
Yes, as an Angel Broking client, you can take advantage of mobile trading. This app is available for both Android and iOS users and is quite useful while on the go. By overcoming geographical constraints, you can trade from any location.
How to Open Angel Broking Demat Account?
Disclaimer: All the information on this website is published in good faith and for general information purpose only.
