by admin | May 21, 2024

Last updated on June 24, 2024

Angel One is a great option for both new and experienced traders. They have excellent services and help people with their unique trading plans. Lots of investors like them because they give good value for money when you’re buying and selling stocks. They even compete with discount brokers, making investing enjoyable for everyone.

To make choosing a broker easier, we have reviewed one of the top stockbrokers in India – Angel One. In this Angel One review, we look closely at all the unique features of Angel One. Let’s begin with a brief overview of Angel One.

Angel One Review
Image Via Angel One

Angel One Overview

Company TypePublic
HeadquartersMumbai
FounderDinesh Agarwal
Establishment Year1987
Broker TypeDiscount Broker
Active Clients61 Lakh+
Account Opening ChargesFree

Angel One, founded in 1987, is a well-known broker in India. With more than 25 years in the industry, they now have over 1 crore customers. In November 2019, they made a significant move by offering discounted brokerage rates. They not only help you with trading but also advise you on where to invest. This has made them popular in over 1800 cities, especially in Tier 2 and Tier 3 cities in India. They are part of major stock exchanges and act as a Depository Participant with CDSL.

Features of Angel One

  • Online trading on mobile devices like smartphones, tablets, and iPads.
  • Trading in Equity Cash (Delivery).
  • Trading in Equity Derivatives (F&O).
  • Trading in Currency Derivatives (F&O).
  • Trading in Commodities at MCX and NCDEX.
  • Investing in Mutual Funds, Bonds, and more.
  • Keeping track of derivatives positions.
  • Live streaming of stock quotes, charts, and news.
  • Offering over 40 technical chart indicators and overlays.
  • Stock advice on the auto advisory engine.
  • Access to research reports and advisory calls.
  • Personalized notification alerts for trades and ideas.
  • Viewing Demat account holdings.
  • Real-time online fund transfer through over 40 top banks.

Angel One demat account opening charges

Trading Account Opening Charges0
Trading Account AMC0
Demat Account Opening Charges0
Demat Account AMCRs 240 PA (Waived for 1st year)

Angel One brokerage charges

SegmentsBrokerage Charges
Equity Delivery0
Equity IntradayRs. 20 per executed order or0.25% (Whichever Is Lower)
Equity Futures & OptionsRs. 20 per executed order or0.25% (Whichever Is Lower)
Currency Futures & OptionsRs. 20 per executed order or0.25% (Whichever Is Lower)
Commodities Futures & OptionsRs. 20 per executed order or0.25% (Whichever Is Lower)
Call & TradeRs. 20 per order

Angel One margin

SegmentMargins
IntradayUpto 10x
Equity DeliveryUpto 2x
Equity FuturesUpto 4x
Equity OptionsUpto 3x
Currency FuturesUpto 3x
Currency OptionsUpto 5x
Commodity FuturesUpto 3x
Commodity OptionsUpto 2x

Other Charges

  • Call & trade charges: Rs 20/order
  • RMS auto square off charges: Rs 20/order
  • Hidden Charges: NA

How to open Angel One demat account

With Angel One you can open a free account without any paperwork. You just need to follow few simple steps. 

  1. Go to the official website of Angel One – https://www.angelone.in/
  2. Then click on “Open Demat Account”
  3. Enter your details such as name, and mobile number, and select your city
  4. You will receive OTP on your given number, Enter it in the box
  5. Add your details such as date of birth PAN, email ID, and bank account details
  6. Then click on “Proceed” and click “Instant Account Opening with DigiLocker”
  7. Add your Aadhar number and other details such as annual income, occupation, father’s name
  8. Upload scanned copies of your documents including your PAN card, signature, and bank statement
  9. Then Esign with Aadhar, enter your Adhar number and OTP received on your registered number
  10. For online verification take a 10-second video of yourself and upload it.
  11. You will receive your Angel One login credentials within 24 hours and then you can start trading.

People Also Read:- Best Demat Accounts in India

Angel One Pros and cons

Angel One Pros:Angel One Cons:
Full-service brokerage services with low fees.You can’t trade small business shares here.
Flat brokerage fee of just ₹20 across all trading segments.They don’t have a 3-in-1 account option.
Free tips are provided on ARQ, the Robo advisory app.You can’t set GTC (Good ‘Til Canceled) or GTT (Good ‘Til Triggered) orders.
Free advisory tips for both mutual funds and equities.If you need help from a broker over the phone, it costs ₹20 for each transaction.
Option to invest in corporate bonds available.Some reviews say that Angel One’s representatives always try to sell you other things.

Angel One trading platforms

Angel One Android AppAndroid App
Angel One iOS AppiOS App
Angel One Web Trading PlatformWeb Trading

Angel One Super App

Angel One 2.0 Super App is their newly launched app. This app is like a super tool for trading and investing. It has features like advanced charts, a smart portfolio checker, and special order types. The platform also provides free research tips and stock suggestions. With the Angel One app, you can trade or invest in Indian stocks, US stocks, IPOs, mutual funds, commodities, and more. 

Angel One Trade – Web trading platform

Angel One Trade is the official website for trading. You can use the website trade.angelbroking.com on your preferred browser. This website helps you keep an eye on your investments and lets you use advanced charts with lots of helpful indicators. With this website, you can stay updated on the market, read Angel Research, and get alerts and notifications.

Angel SpeedPro Desktop Trading Software

Angel SpeedPro is a dedicated trading platform for your computer. You can download it on your laptop or desktop. This program makes trading easy because it puts everything in one place. You can see real-time updates about the market, manage your investments, buy mutual funds, get live market data in Excel, and read the latest news and reports. With Angel SpeedPro, traders can quickly make trades and get instant reports.

Angel BEE mutual fund app

Angel One has a special app just for mutual fund investments called the Angel Bee App. This mobile app has everything you need for mutual funds – whether you want to start saving regularly (SIP), invest a lump sum at once, or explore different types of funds like equity, balance, debt, or tax-saving schemes. You can use the app to keep an eye on your mutual fund portfolio, see how different rating agencies like CRISIL, Morningstar, and Value Research rate the funds, and even invest without any paperwork. The Angel Bee app also gives you recommendations for schemes using smart algorithms powered by ARQ.

People Also Read:- Best Trading App in India

Angel One Customer Support

Trading Support:-
Available, Chargeable
Dedicated Dealer:-
Available, Chargeable
Customer Care:-
18001020
Email Support:-
[email protected]
Compliance Officer:-
Call:- 08657864228
Email:- [email protected]
Head of Customer Care:-
Call:- 08657864227
Email:- [email protected]
Website:-
Angel One Website
Facebook
LinkedInInstagram
TwitterYouTube

Angel One Vs 5Paisa Vs Zerodha Vs Upstox Vs Paytm Money

BrokerAngel One5PaisaZerodhaUpstoxPaytm Money
Service TypeDiscount BrokerDiscount BrokerDiscount BrokerDiscount BrokerDiscount Broker
Brokerage RangeRs 20Rs 20Rs 20Rs 20Rs 20
Account Type2 in 12 in 13 in 13 in 12 in 1
Equity Delivery0Flat Fee Rs 2002.5% or Rs 20 whichever is lower 2.5% or Rs 20 whichever is lower
Equity Intraday0.03% or Rs 20 whichever is lowerFlat Fee Rs 200.03% or Rs 20 whichever is lower0.05% or Rs 20 whichever is lower 0.05% or Rs 20 whichever is lower
Equity Futures0.25% or Rs 20 whichever is lowerFlat Fee Rs 200.03% or Rs 20 whichever is lower0.05% or Rs 20 whichever is lower 0.02% or Rs 20 whichever is lower
Equity Options0.25% or Rs 20 whichever is lowerFlat Fee Rs 20Flat Fee Rs 20Flat Fee Rs 20Flat Fee Rs 20
Commodity0.25% or Rs 20 whichever is lowerFlat Fee Rs 20Flat Fee Rs 20Flat Fee Rs 20NA
Currency Futures0.25% or Rs 20 whichever is lowerFlat Fee Rs 200.03% or Rs 20 whichever is lower0.05% or Rs 20 whichever is lower NA
Currency Options0.25% or Rs 20 whichever is lowerFlat Fee Rs 20Flat Fee Rs 20Flat Fee Rs 20NA
Rating4.5/54/54.5/54.5/54/5

People Also Read:- Zerodha vs m.Stock

Angel One Reviews & Rating by PaperTradingApp 

Reviews of Angel one

Charges review

  • The brokerage charges of Angel One are minimal even though they are a full-service broker.
  • There are no charges for equity delivery and the charges are fixed for other segments.
  • A standard plan is on offer, but it incurs more charges in the form of pay-per-order, etc.

Customer service review

  • Generally, responses are delayed for email and call support.
  • No option for raising a ticket.
  • A bot support named “Angie” is available on the website.
  • Many physical branches are available for customers’ convenience and for problem resolution.

Ease of use review

  • User-friendly and technologically advanced trading platforms that make the trading and investing process seamless for customers.
  • Angel BEE, their mutual fund investment platform offers only regular plans.

Angel One Rating

CriteriaRatings
Research & Advisory8.70 / 10
Brokerage Charges & Fees9.60 / 10
Products & Services8.90 / 10
Trading Platform8.70 / 10
Broking Experience9.10 / 10
Overall Rating8.90 / 10
Customer Rating (in stars)5 / 5

People Also Read:- 5Paisa Review

Why choose Angel One?

If you are a trader Angel provides you with:If you are an investor Angel One provides you with:
Free daily technical and derivative reports.No fees for buying and holding onto stocks.
A fixed fee for trading on the same day and in derivatives.Reports to help you make smart decisions.
The option to get loans against your shares.A special place to learn more about investing.
ARQ is a smart tool for advice on stocks and mutual funds to beat the market.

Angel one complaints chart

Angel One complaint at NSE

2023-242022-232021-22
Active Clients485623642819513657550
Complaints4827461302
Resolved through the exchange356626834
Non actionable4671414
Advised / Opted for arbitration020
Pending for redressal with exchange804754
No. of arbitration filed by clients5129
Decided by the arbitrators in favor of the customers386
Decided by the arbitrators022
Pending for redressal with arbitrators243

Angel One complaint at BSE

2023-242022-232021-22
Active Clients4536401155508909986
Complaints2464100
Resolved through the exchange2260100
Nonactionable42920
Advised / Opted for arbitration001
Pending for redressal with exchange240
No. of arbitration filed by clients011
Decided by the arbitrators in favor of the customers000
Decided by the arbitrators000
Pending for redressal with arbitrators011

People Also Read:- m.Stock review

Conclusion

In conclusion, Angel One gives you a trading platform that works well for both skilled traders and beginners. From what we’ve seen in this review, Angel One has an easy-to-use interface and clear fees. It’s a platform that understands you want to be financially independent and gives you great tools. Even though their customer service could be better, Angel One is still a good choice for people who want a full trading experience and to reach their money goals.

FAQs on Angel One

Check out different FAQs regarding to Angel One Review here.

1. Which banks are supported by Angel One for fund transfers?

Ans:- Angel One supports several banks for fund transfers. These include large banks like ICICI Bank, HDFC Bank, Axis Bank, SBI Citibank etc.

2. Does Angel One charge for withdrawal?

Ans:- There are no withdrawal charges in Angel One

3. Is Angel One safe or not?

Ans:-  Angel One is a SEBI-registered stock brokerage firm and trading member of BSE, NSE and MCX. All transactions are executed through the broker, which is regulated by SEBI regulations, making Angel One a safe broker for trading and investing.

4. How does the angel brokerage calculator work?

Ans:- The Angel One brokerage calculator works using the following formula: Brokerage = (Number of shares sold/bought) x (Price of one unit of stock) x (Brokerage percentage/Flat Rate).

5. What are Angel One option trading charges?

Ans:- You can refer to the brokerage charges table above to know Angel One option trading charges for different segments.

6. Is Angel One good for beginners?

Ans:- Yes, Angel One is considered suitable for beginners. The platform offers a user-friendly interface, educational resources, and research tools that can assist novice investors in navigating the stock market. Additionally, Angel One provides a range of financial services, making it accessible for individuals at different levels of expertise.

7. How to close or deactivate Angel One Account online?

Ans:- To close or deactivate an Angel One account online, users typically need to log in to their account, navigate to account settings or customer support, and follow the provided instructions for account closure. It’s recommended to check the Angel One website or contact their customer support for specific guidance on the account closure process.

8. Who is the founder of Angel One?

Ans:- Angel One, formerly known as Angel Broking, was founded by Dinesh Thakkar. He established the company in 1987, and under his leadership, Angel One has grown to become one of the prominent stockbroking firms in India. Dinesh Thakkar has played a significant role in shaping the company’s trajectory and expanding its presence in the financial services sector.

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