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Angel Broking Review 2021 | Brokerage Charges, Margin, Demat Account

111.83% 1,221,008 Shoppers

Integrated in 1987, Angel Broking is without doubt one of the largest full-service retail brokers in India. The corporate provides a variety of funding and buying and selling providers together with inventory and commodity broking, funding advisory providers, margin funding, loans in opposition to shares, and monetary merchandise distribution.

Angel Broking is a robust neighborhood presence with 110 branches and 11,000 sub-broker places of work in 1800+ cities in India as of June 30, 2018..

Angel Broking IPO Reside Updates

In Nov 2019, Angel Broking revamped its brokerage plans to compete with the low cost inventory brokers like Zerodha. Angel Broking now provides flat price brokerage plan ‘Angel iTrade PRIME’. This plan provides to commerce in all segments (Intraday, F&O, Currencies & Commodities) at fastened Rs 20 per commerce besides Fairness Supply, for Fairness Supply there are not any prices, it’s offered at no cost to all customers. The identical easy price is relevant throughout exchanges and segments.

Angel Broking is known for its wonderful buying and selling software program’s and funding advisory. Angel is the primary large-size full-service dealer providing low cost brokerage charges to its buyer.

Angel ARQ

Angel ARQ is the corporate’s flagship funding advisory device. It’s a rule-based funding engine (robotic) suggesting funding concept to the shoppers. ARQ provides suggestions for Fairness Shares and Mutual Funds. It makes use of superior applied sciences like Skilled Insights, Machine Studying, Cognitive Algorithms and Teraflops of processing energy.

ARQ is built-in into the buying and selling software program provided by Angel. It really works as a private fund supervisor for the buyers. ARQ is simply an advisory device. It does not have any charges or minimal funding commitments. It’s as much as the client to comply with ARQ recommendation.

Angel Broking Particular Gives

Low cost Brokerage Buying and selling Plan (Flat Charge Pricing)

Get full-service brokerage plan with low cost dealer pricing. Brokerage free fairness supply buying and selling (really no brokerage) and pay flat Rs 20 brokerage for Intraday and F&O trades. Get high-quality analysis stories and personalised providers at no cost. To open an account with Zerodha, merely depart your contact info with us and Angel Broking representatives will name you.

Angel Broking Expenses 2021

Angel broking provides one easy buying and selling plan ‘Angel iTrade‘ plan. This on-line buying and selling plan provides full-service brokerage providers with very low brokerage prices that are according to low cost inventory brokers in India.

Angel iTrade PRIME (Flat Price Buying and selling) Plan

Launched in April 2019, Angel iTrade provides premium brokerage providers with simplified flat charge pricing. Besides for extra Rs 20 name & commerce prices, this plan has no hidden prices.

This buying and selling plan provides brokerage and tax saving of 60% to 90% in comparisons to different full-service brokers like Sharekhan, Geojit and ICICI Direct.



Fairness Supply

Flat Rs Zero per commerce

Fairness Intraday

Flat Rs 20/commerce

Fairness F&O

Flat Rs 20 per executed order

Foreign money F&O

Flat Rs 20 per executed order

Commodity F&O

Flat Rs 20 per executed order

Be aware:

  • No minimal margin required for this plan.
  • Buying and selling software program’s are free to all prospects.
  • Analysis and advisory are free for all prospects.
  • It is a web-based buying and selling plan. Name & Commerce is charged at extra Rs 20 per commerce.
  • As of April 2019, Angel has stopper providing all different brokerage plans together with share based mostly plans.

Go to Angel Broking Brokerage Expenses Overview for extra element.

Particular Supply: Free fairness supply buying and selling (really no brokerage) and Flat Rs 20 Intraday and F&O commerce brokerage. Get the provide

Angel Broking On-line Account Opening

To commerce or spend money on the inventory market with Angel Broking, the investor has to open an account. Following is the simplest technique to open an account with Angel:

  • Request a callback and Angel Broking customer support government will name you in just some minutes to reply any query you might have.

Angel Broking Buying and selling Software program (Angel Broking Buying and selling Platforms)

Angel Broking provides broking providers by varied net, cellular and installable exe platforms. All these buying and selling platforms can be found at no cost to all the shoppers.

  1. Angel Broking App (Cellular Buying and selling App)

    It is Android and iOS based mostly cellular utility that permits to entry markets and commerce utilizing good cellphone. Buying and selling will be achieved on Fairness and Commodity Markets utilizing this platform.

  2. Angel Broking Commerce (Web site)

    It’s a browser based mostly buying and selling platform. The charges are up to date mechanically. This platform is beneficial for buyers & merchants to entry market from totally different terminals.

  3. Angel SpeedPro (Buying and selling Terminal)

    An utility buying and selling platform that gives computerized updates; makes the market accessible to buyers from totally different terminals together with different options.


Go to Angel Broking Buying and selling Software program Overview for extra element.

Contact Angel Broking / Request Name Again

Free fairness supply buying and selling (really no brokerage) and Flat Rs 20 Intraday and F&O commerce brokerage. Get the provide

Angel Broking Execs and Cons

Angel Broking Execs (Benefits)

The next are the benefits of Angel Broking. You need to learn Angel Broking benefits and downsides earlier than opening an account with Angel Broking. Angel Broking execs and cons provide help to discover if it fits your funding wants.

  1. Full-service brokerage providers can be found at ultra-low brokerage charges.
  2. Flat charge stockbroker charging Rs 20 per order throughout segments and exchanges.
  3. Free analysis and advisory. Complete each day, weekly and specialised analysis stories from Skilled.
  4. Free buying and selling software program (web site, cellular, and buying and selling terminal).
  5. Verity of funding choices like Fairness buying and selling, F&O, Commodities, PMS, Mutual Funds, Insurances.
  6. Presence in 100’s of cities throughout India.
  7. 30+ years of industry-leading expertise within the brokerage enterprise.
  8. Coaching and hand holding is obtainable for rookies.
  9. Margin buying and selling facility.
  10. Securities as collateral.
  11. No prices for any fund switch.

Angel Broking Cons (Disadvantages)

The next are the cons of Angel Broking. Examine the record of Angel Broking drawbacks.

  1. Angel Broking does not provide 3-in-1 account.
  2. Dealer assisted trades (Name & Commerce) are charged further Rs 20 per executed order.

Angel Broking Ltd Enquiry Form

Angel Broking Margin / Publicity

Angel Broking leverage for intraday, supply, choices, forex and commodities.

Phase Margin
Fairness Supply Upto 3x with 24% curiosity per 12 months
Fairness Intraday Upto 10x
Fairness Future Upto 4x
Fairness Choices 3x for shorting
Foreign money Future Upto 2x
Foreign money Choices Upto 5x for shorting
Commodity Future 3x
Commodity Choices

Go to Angel Broking Margin Overview for extra element.

Angel Broking Rankings

Based mostly on 218 Votes by Angel Broking Prospects

Do you commerce with Angel Broking? Charge Angel Broking

Angel Broking Criticism

The variety of Angel Broking buyer grievance acquired by the exchanges. The Angel Broking client grievance report helps understanding the Angel Broking Ltd high quality and relibility of service.

Trade Monetary 12 months Variety of Shoppers* Complaints** %
NSE 2020-21 1,221,008 1149 0.09%
BSE 2020-21 193,313 26 0.01%
NSE 2019-20 576,414 400 0.07%
BSE 2019-20 192,599 54 0.03%
NSE 2018-19 414,831 226 0.05%
NSE 2017-18 363,663 356 0.1%
BSE 2017-18 226,661 97 0.04%
NSE 2016-17 230,194 328 0.14%
BSE 2016-17 126,507 38 0.03%
NSE 2015-16 170,808 279 0.16%

* The variety of lively prospects reported by the dealer.

** The entire variety of complaints acquired in opposition to the dealer on the given trade.

Go to Angel Broking Complaints at BSE, NSE and MCX for element report.

Ceaselessly Requested Questions

  1. 1. What’s Angel Broking brokerage prices?

    Angel Broking brokerage prices is Rs 0 (free) for fairness supply buying and selling and flat Rs 20 per executed order for all different segments underneath its iTradePrime plan. Angel Broking prices flat price brokerage per executed order. The flat charge is no matter the commerce worth or variety of tons in an order.

    Angel Broking additionally provides a Custom Plan the place the client is charged in share. This plan provides in-person help by an area workplace and relationship supervisor.

    Angel Broking Brokerage Expenses

    Phase Brokerage

    Fairness Supply

    Rs 0 (Free)

    Fairness Intraday

    Flat Rs 20 per commerce

    Fairness F&O

    Flat Rs 20 per commerce

    Foreign money F&O

    Flat Rs 20 per commerce

    Commodity F&O

    Flat Rs 20 per commerce

    Be aware:

    Along with the brokerage prices, the corporate additionally prices:

    • A one-time account opening charge.
    • A Demat AMC charge (free for the primary 12 months).
    • Authorities taxes and different prices.

    Learn Brokerage Expenses Defined (Brokerage, Taxes, Charges) for extra particulars.


  2. 2. Learn how to shut Angel Broking buying and selling account?

    Angel Broking buying and selling account is closed by submitting a signed account closure type to the Angel Broking workplace or by sending them to the handle given within the type.

    Be aware that you simply can not shut the Angel Broking account on-line by electronic mail or by contacting buyer help on cellphone. The Angel Broking account closure course of is totally offline whereby you must print, signal and ship the paper type.

    Steps to shut Angel Broking Buying and selling Account

    1. Obtain the account closure Kind PDF
    2. Take a printout of the shape, fill & signal it.
    3. Within the case of a joint account, all account holders should signal it.
    4. Submit or Courier the shape to your respective Angel Broking workplace.

    Be aware:

    • Shut all of your open positions earlier than initiating the account closure.
    • Clear all of your pending dues together with Demat AMC.
    • Promote or switch all of the securities held within the demat account.
    • Withdraw cash held in your buying and selling account.

    Ensure to comply with up with Angel Broking in case you do not obtain any communication from the corporate in your account closure request in a single week.


  3. 3. What’s Angel Broking ARQ Rating?

    Angel Broking ARQ rating is an funding advisory device to measure the credibility and trustworthiness of inventory for long-term funding. It’s a rule-based funding engine (robotic) that gives funding concepts and proposals for Fairness Shares and Mutual Funds.

    The platform makes use of Synthetic Intelligence, Machine Studying, and Trade Insights to research a inventory or a fund. It helps prospects decide good shares with out doing complicated analysis on the basics of an organization.

    The ARQ rating is arrived at by analyzing a number of elements like:

    • Basic Energy
    • Company Governance
    • Market Cap
    • Return Ratios
    • Complete asset base
    • Valuation

    Angel broking ARQ robotic scores each inventory and Mutual fund on the size of Zero to 100. The decrease ARQ rating which means the inventory is weaker. The upper ARQ rating represents a stronger elementary of the inventory.


  4. 4. Why Angel Broking?

    Angel Broking is a main full-service dealer in India who additionally provides on-line low cost brokerage providers to its buyer. They’re among the many most trusted model within the broking {industry} for over 20 years. They provide the most effective on-line buying and selling instruments.

    Causes to Open Angel Broking Account

    • A full-service stockbroker that gives analysis & advisory providers.
    • Gives low cost brokerage plan for on-line prospects.
    • Brokerage free fairness supply commerce to on-line prospects.
    • Expenses flat Rs 20 per commerce brokerage throughout all different segments.
    • Facility to spend money on mutual funds, IPOs, NCDs & Bonds.
    • Free entry to ARQ, an AI-driven advice platform.
    • Good cellular, net and desktop buying and selling software program.
    • Gives offline providers by branches & sub-brokers.
    • Instantaneous account opening is obtainable.

    Key factors to notice:

    • The net buying and selling plan (iTradePrime) is for purchasers who can commerce by themselves with virtually no assist from the dealer. Don’t anticipate in-person providers in case you are choosing this plan.
    • For in-person providers by a devoted relationship supervisor (RM), you must select the standard brokerage plan. The brokerage underneath this plan may be very excessive.


  5. 5. Is Angel Broking protected?

    Sure, Angel Broking is a protected inventory dealer for buying and selling and funding. Angel Broking is without doubt one of the largest inventory brokers. They’re within the enterprise since 1987. They’re a member of BSE, NSE and MCX. They’re regulated by SEBI laws.

    Why Angel Broking is Secure?

    • Angel broking is a publicly-traded firm listed at BSE and NSE.
    • Over Three a long time of doing enterprise in India.
    • Bodily presence in over 1800 cities throughout India.
    • A powerful community of over 110 branches & 11,000 sub-brokers.
    • The great repute of its administration.
    • Clear enterprise practices with no main regulatory violations.


  6. 6. Learn how to use Angel Broking?

    As soon as an account is opened with Angel Broking, the client is able to commerce or spend money on inventory, forex and commodities. He can select any of the buying and selling software program to commerce within the phase.

    Angel Broking Buying and selling software program

    • Angel Broking App (Cellular Buying and selling App)
    • Angel SpeedPro (Installable Desktop Software program)
    • Angel Broking Commerce (Net-based Buying and selling Platform)
    • Angel Bee (On-line Platform For Direct Mutual Funds)

    The simplest means to make use of Angel Broking is by putting in the Angel Broking App on the cellphone. The cellular app offers all of the instruments wanted for buying and selling and funding in shares, forex, commodity, ETF and IPO. It additionally supplies analysis and proposals to assist prospects commerce.


  7. 7. Learn how to spend money on mutual funds Angel Broking?

    Angel Broking has an On-line Mutual Funds funding app known as ‘Angel Bee’. The app will be downloaded from Android or Apple app shops.

    There are zero charges or prices for investing in mutual funds by Angel Bee. Sometimes, in common funds, you are charged 1 to 2% as commissions.


    Angel Broking Mutual Fund Investment App


    Steps to Put money into Mutual Funds in Angel Broking

    1. Obtain the ‘Angel Bee’ app on a sensible cellphone.
    2. Setup Angel Broking account.
    3. Switch funds into your account.
    4. Select a fund of your selection from the record obtainable.
    5. Put money into lumpsum or SIP as per your choice.
    6. Go to the Order Guide part to verify the standing of your order.

    Be aware:

    • You may pay by Internet Banking, Debit Card and UPI.
    • Angel Bee App additionally has an automatic Mutual Fund advice characteristic powered by Angel Broking’s proprietary ARQ software program. You may verify the suggestions to discover a good mutual fund for investments.
    • Investments achieved earlier than 2 pm are processed the identical day, and people achieved after 2 pm are processed on the following working day.


  8. 8. Learn how to purchase IPO in Angel Broking?

    Angel Broking provides on-line IPO purposes to its prospects. Angel prospects can apply in IPOs in two methods utilizing:

    1. Angel Broking IPO utility (UPI as Cost Mode)
    2. Internet-banking service of the financial institution the place the client has an account (ASBA)
    1. Angel Broking IPO utility (UPI as Cost Mode)

      For making use of in an IPO by Angel Broking, a UPI ID is required. A UPI id is a singular ID representing your checking account. You may create the UPI ID from the net-banking cellular app of your financial institution or utilizing the BHIM app at no cost.

      Steps for Angel Broking IPO Software (UPI-based)

      1. Log in to Angel Broking apps (cellular or web site).
      2. Click on on ‘Extra’ on the highest menu.
      3. Click on on ‘IPO’ from the dropdown.
      4. Select an IPO and click on the ‘Apply’ button.
      5. Enter UPI ID, investor sort, order amount and worth.
      6. Select the Cutoff-price checkbox if making use of within the retail class.
      7. Click on ‘Apply’ to position the IPO order.
      8. A UPI mandate is distributed to your UPI App inside 2 hours.
      9. Settle for the UPI mandate in your UPI App (net-banking or BHIM)
      10. Examine the standing of your order within the Angel Broking IPO App.
    2. Internet-banking IPO Software (ASBA)

      An investor can even apply for an IPO utilizing the net IPO facility provided by your financial institution utilizing internet banking. This facility is obtainable by all main banks together with ICICI, HDFC, SBI, Kotak, and so forth.

      Steps to use in IPO utilizing ASBA Internet Banking

      1. Log in to the web site/cellular app of your financial institution.
      2. Go to the IPO part.
      3. Select an IPO from the record and apply.
      4. Enter your Angel Broking demat account quantity or some other demat account the place you need the IPO shares to be credited
      5. Select Investor Kind, enter order amount and worth
      6. Select the Cutoff-price checkbox should you’re making use of within the retail class
      7. Overview and ensure the IPO order

    Be aware: The allotted IPO shares are delivered to Angel Broking demat account or some other account talked about whereas within the utility. You may verify IPO allotment standing right here.


Examine Angel Broking with Prime Brokers in India

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