Angel One Stock Trading, Demat, Brokerage and Reviews 2024

Angel One is one of the prominent stockbrokers in India. It offers a complete range of services including equity trading, mutual funds, commodities, and more. It also provides a user-friendly interface, making it accessible to beginners and experienced traders.

In this review, we will delve into the various features of Angel One. We will examine its account opening charges, brokerage charges, features, and other offerings. Through this review, we will provide you with a thorough understanding of what Angel One has to offer.

Angel One Overview

Angel One is a well-established Public company in the financial services sector, known for its comprehensive brokerage services. As a Public broker, Angel One offers numerous investment options, including stock trading, futures and options, mutual funds, currencies and commodities.

Headquartered in Mumbai, Angel One has been a significant player in the Indian stock market since its inception in 1987. The company was founded by Dinesh Agarwal, who envisioned creating a platform that democratizes investing for all.

Over the years, Angel One has built a reputation for its user-friendly platform, competitive pricing, and extensive research tools. The company is committed to providing reliable customer support and educational resources, making it a preferred choice for traders and investors.

Angel One A Comprehensive Company Overview

Company Overview Angel One
Company Type Public
Broker Type Full Service
Headquarters Mumbai
Founder Dinesh Agarwal
Establishment Year 1987

Account opening and demat charges

Opening an account with Angel One is Free, making it accessible to new investors. Once the account is set up, users will incur ongoing charges such as an annual maintenance charge (AMC) of Rs.240 per Year + GST (1st Year Free) and a broker commission of ₹Zero, Securities Transaction Tax (STT), and other regulatory charges.

Angel One straightforward pricing and comprehensive services make it a popular choice among investors. The combination of free account opening and competitive ongoing charges provides a cost-effective investment management solution.

Account Opening and Demat Charges

Broker Angel One
Trading Account Opening Charges Free
Demat AMC (Annual Maintenance Charges) Rs.240 per Year + GST (1st Year Free)
Depository

Angel One brokerage charges

Your stockbroker charges a certain brokerage fee for every order you place. The brokerage charges of Angel One are as follows:

  • Equity delivery: You need to pay these charges when you buy and hold stocks in your trading account for a longer period. This type of trading generally charges lower brokerage charges as compared to others.
  • Equity intraday: When you buy and sell stocks on the same day, you need to pay equity delivery brokerage charges. Intraday trading mainly focuses on short-term price movements.
  • Equity futures: You have to pay equity future brokerage charges when you trade futures contracts on stocks. Equity futures are agreements to buy or sell a stock at a predetermined price on a future date. The charges for trading equity futures include brokerage fees and may also include transaction charges based on the contract value.
  • Equity options: When you trade options contracts based on stocks, you have to pay brokerage charges determined for equity options. An equity option gives the holder the right, but not the obligation, to buy or sell a stock at a specified price before or at the expiration date. The brokerage charges for options trading often include a flat fee per contract or a fee based on the option’s premium.
  • Commodity futures: These are charges for trading futures contracts on commodities such as gold, oil, or agricultural products. Commodity futures contracts are agreements to buy or sell a specific quantity of a commodity at a predetermined price on a future date.
  • Currency futures: These are charges for trading futures contracts on currencies. Currency futures involve agreements to exchange one currency for another at a set price on a future date. The charges for currency futures usually include a flat fee per contract and may vary depending on the currency pair and contract size.
  • Currency options: Charges for trading options contracts on currencies. A currency option provides the right, but not the obligation, to buy or sell a currency pair at a specified price before or at the expiration date. The charges for currency options typically include a fee per option contract and may be based on the option's premium.

Brokerage of Angel One

Brokerage Angel One
Brokerage Plan i-trade Prime
Subscription Charges Zero
Equity Delivery Free
Equity Intraday Rs.20 per Trade or 0.25% (whichever is low)
Equity Future Rs.20 per Trade or 0.25% (whichever is low)
Equity Option Rs.20 per Trade
Commodity Future Rs.20 per Trade or 0.25% (whichever is low)
Commodity Option Rs.20 per Trade
Currency Future Rs.20 per Trade or 0.25% (whichever is low)
Currency Option Rs.20 per Trade

Angel One margin exposure

Angel One provides margin exposure to help traders and investors trade with margin money. With margin money, you can control larger positions with smaller amounts of funds. With this offering, you can amplify your trading potential and take advantage of market opportunities.

Angel One Exposure

Exposure Angel One
Equity Delivery 1x
Equity Intraday Upto 5x (Depends on Stocks)
Equity F&O Carry Forward 1x
Equity F&O Intraday 1.3x
Commodity F&O Carry Forward 1x
Commodity F&O Intraday 1.3x
Currency F&O 1x

Angel One other charge

Apart from brokerage charges, you also need to be aware of other charges charged by a broker. These are:

Other charges of Angel One

Charges Angel One
STT Equity Delivery 0.1% on buy & sell
Stamp Duty Equity Delivery 0.015% on buy
Transaction Charges Equity Intraday 0.00325% (NSE) & As per Stock (BSE)
STT Equity Intraday 0.025% on sell
Stamp Duty Equity Intraday 0.003% on buy
Transaction Charges Equity Futures 0.0019% (NSE & BSE)
STT Equity Future 0.0125% on sell
Stamp Duty Equity Future 0.002% on buy
Transaction Charges Equity Options 0.05% (on premium)
STT Equity Options 0.0625% on sell (on premium)
Stamp Duty Equity Options 0.003% on buy
SEBI Turnover Charges Rs.10/ Crore (All Segment)
GST 18% on (Brokerage + SEBI + Transaction charges)

Angel One trading platforms

Angel One offers multiple trading platforms for traders and investors. With an easy user interface and advanced features, Angel One simplifies the trading process for beginners. Each of the following platforms offers unique and useful features for trading purposes.

Angel One – Trading Platforms

Trading Platforms Angel One
Android App Angel One Android App Link
iOS App Angel One iOS App Link
Web Trading Platform Angel One Web Trading Link
Trading Terminal Available
Algo Trading Platform Available
Foreign Stocks Trading Platform Available
Basket Trading Platform Available
Mutual Fund Investment Platform Available
Digital Gold Investment Platform No
Bonds Investment Platform No

Angel One offers

Many stockbrokers provide attractive offers to gain investors' attention. For example, some might offer a free account opening process and others might offer free delivery trading. These offers differentiate brokers, and they often use them as a strategy to attract new clients and retain existing ones. By highlighting such benefits, brokers make their services more appealing compared to competitors. Angel One’s offerings are as follows:

Angel One Offers

Offers Angel One
Free Account Opening No
Free AMC 1st Year Free
Free Brokerage Yes, Limited
Flat Brokerage Yes
Flexible Brokerage Plans No
Happy Trading Hours No
Free Delivery Trading Yes
Free Intraday Trading No
Free F&O Trading No
Free Research Reports Yes
Free Trading calls Yes
Referral Offers Upto Rs.1000 Gift Vouchers per Client
Margin Funding / Pledging Yes
Brokerage Cashback No
Zero Brokerage for Loss Making Trades No

Angel One features

Angel One also offers advanced trading features for both beginner and experienced traders. These features range from basic features such as real-time market data and portfolio tracking to advanced options like investment research, personalized recommendations, and charting tools. Further, Angel One also offers research reports, custom stock recommendations, and stock tips.

Comparison of Angel One – Trading Features

Trading Features Angel One
Wishlist Yes
Real Time Updates Yes
Portfolio Details Yes
Online MF Buy Yes
Research Reports Yes
Global indices Yes
Customised Recommendations Yes
Stock tips Yes
Interactive charts Yes
Live market Yes
Multi Profile Management Yes
Robust & Secure Platform Yes

Services

The platform offers numerous financial services. Core services include trading in stocks, derivatives, and IPOs. The platform also offers in-depth market research, investment recommendations, and tools to help traders make informed decisions. For those seeking more hands-on management, Angel One provides portfolio management services as well. While it doesn't offer a traditional 3-in-1 account, it covers most other essential financial services.

Angel One – Services Provided

Services Provided Angel One
Demat Services Yes
Trading Services Yes
Intraday Services Yes
F&O Services Yes
IPO Services Yes
3 in 1 Account No
Stock Research Yes
Stock Recommendations Yes
Trading Institution Yes, Smart Money
Share Pledging Yes
PMS or PCG Yes
NRI Services Yes

Products

Angel One offers a complete set of financial products for traders and investors. You can trade in equities, options, and futures according to your preferences. It also offers trading in commodities and currencies. If you are someone interested in global markets, Angel One also allows you to trade in foreign stocks. Plus, you can diversify your portfolio by investing in mutual funds. It will help you safeguard your capital from uncertain market movements. These diverse product offerings allow Angel One to serve different investment strategies and preferences effectively.

Angel One – Products Provided

Products Provided Angel One
Equity Delivery Yes
Equity Intraday Yes
Equity Option Yes
Equity Future Yes
Commodity Option Yes
Commodity Future Yes
Currency Option Yes
Currency Future Yes
Foreign Stocks Yes
Mutual Funds Yes
Banking No
Insurance Yes
Corporate Bonds No
Govt. Bonds No
Digital Gold No

Customer support

Angel One offers robust customer support to ensure a smooth and hassle-free experience for its clients. Their dedicated support team is available through multiple channels, including phone, email, and live chat, to assist with any queries or issues.

Customer Support of Angel One

Customer Support Angel One
Trading Support Available, Chargeable
Dedicated Dealer Available, Chargeable
Call Support 8047480048
Email Support support@angelone.in
Whatsapp Support NA
Website Support Website Link
Facebook Support Facebook Support Link
Twitter Support Twitter Support Link
Telegram Support Telegram Support Link
Branches / Offices Available

Customer complaints

Angel One is committed to addressing customer complaints promptly. Through timely responses and resolutions, it aims to give a positive experience for all users. Traders and investors can file complaints through multiple channels, including the website, mobile app, or email. Further, Angel One's structured grievance redressal mechanism ensures that each complaint is tracked, escalated if necessary, and resolved within stipulated timelines.

Angel One Complaints

Complaints Angel One
Total Complaints Lodged 554
Total Complaints Resolved 457
% of Resolved Complaints 82.49%
Non Actionable Complaints 57
% of Non Actionable Complaints 10.29%

Frequently Asked Questions


Who is the founder of Angel One?
Angel One is founded by Dinesh Agarwal.

What type of broker is Angel One?
Angel One is a Full Service broker and it offers a complete range of financial services such as stock trading, mutual funds, and advisory services. Plus, it offers both online and offline trading facilities for various investor needs.

Is Angel One free?
Angel One account opening process is free but you have to pay the annual maintenance charges of Rs.240 per Year + GST (1st Year Free).

Is Angel One reliable?
Yes, Angel One is a trusted and regulated broker in India with over two decades of experience in the financial industry. It is a member of major exchanges like NSE, BSE, and MCX.

How to open a demat account with Angel One?
You can open an Angel One demat account by visiting the official website of Angel One. You need to submit the basic personal details, and KYC documents, and complete an e-sign process. The account is usually activated within 24-48 hours.

What trading platforms does Angel One offer?
Angel One offers multiple trading platforms, including a web-based platform, a mobile app, and a desktop application. These platforms are equipped with advanced tools and features for seamless trading.

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