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Angel Broking Review: Know Everything (2022 Updated)

Angel Broking Review

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Angel One Limited (formerly: Angel Broking) is an Indian stockbroker and portfolio management firm. Since its inception in 1996, the brokerage and investment platform has been instrumental in guiding the investment decisions and revenue management of millions of Indians.

Angle One is a part of Bombay Stock Exchange, National Commodity & Derivatives Exchange Limited, National Stock Exchange of India, and Multi Commodity Exchange of India Limited.

The company has a wide network of operations across the country, carried out by 8500+ sub-brokers through more than 900 franchise outlets.

Angel One has been one of the foremost and most successful stockbroking outlets for nearly three decades now. The company gauges investors' tastes and investing styles with trading options far beyond the limited itinerary of local brokerage houses.

Angeltrade is an online investment platform and edges out its competition with its omnipresent customer service and potent investment recommendations. 

Angel One Limited's leading services include online stock broking, equity trading, commodities portfolio, mutual funds, life insurance, and depository services.

Since 2006, the company has delved into portfolio management services, mutual funds distribution arm, and IPOs business.

Angel Broking Review: Know Everything (2022 Updated)

Angel One Broking Investment Options 

Angel One is one of India's largest full-service online trading and broker services, offering its clients the broadest range of services. In the words of its founders, the brokerage platform operates with a vision to make India the most trade-positive country in the world.

The company offers many personalized services and strategies to equip its users with the best tools possible. Angel One is a registered trading member of BSE and NSE. It also has a membership of commodity exchanges, NCDEX and MCX.

Leading Angel One Investment Options

  1. Full-service brokerage

    Angle One is a licensed financial brokerage platform on which users can perform equity trading, commodity trading, ETFs, derivatives trading, currency trading, IPO, Mutual Funds, and life insurance. T

    he brokerage platform conducts its service by being a depository participant of Central Depository Services.
  1. Customised portfolio management

    Angel One offers customized portfolio management services to selected accounts and high-net-worth individuals. With more than 8,500 sub-brokers serving ten lakh+ clients.

    Angle One has a nationwide presence and an excellent team of in-house research and investment experts that issue valuable market reports to guide the operations of its high-ticket users.

  3. Wealth management system

Angel broking brokerage ARQ is a leading Angel One product, offering its users predictive, intelligent, and legitimately sourced wealth management insights.

Those interested in algorithmic trading can also use the product.

4. Expert recommendations

Angel One assists the investors with free trading recommendations. Through a centralized helpdesk, any user can avail of the daily updates, latest trends, and expert commentary on the leading stock options of the day.

Let’s have a look at some of the other investment options in comparison with Angel One:

Broker

Ange

PayTM Money

5paisa

Zerodha

Upstox

Equity Trading Type

Yes

Yes

Yes

Yes

Yes

Currency Trading

Yes

Yes

Yes

Yes

Yes

Commodity Trading

Yes

No

Yes

Yes

Yes

Mutual Funds

Yes

Yes

Yes

Yes

Yes

MF SIPYes

Yes

Yes

Yes

Yes

Yes

ETF Investment

Yes

Yes

Yes

Yes

Yes

Banking

No

No

No

No

No

Insurance

Yes

Yes

No

No

No

Angel Broking Charges & Fees

Angel One has a simplified and uniform charging system. Instead of charging per transaction, Angel One commands a flat fee investment on all intraday transactions.

Angel Broking

This allows the customers not to be punished for the frequency of their investments. The delivery on your Demat is entirely free for all registered users. Moreover, the allocation, volume, and limits of angel broking charges depend upon the government regulations.

Apart from this, there are other operational charges that all customers collect. Here is a complete list:

Action

Status

Nature

Charges

Account Maintenance Charges

Fixed

Operational cost

INR 20 + taxes Monthly account maintenance charges after your first year

Security Transaction Tax (STT)

Fluctuating

Tax

Direct tax is levied on buying, selling, equity delivery, and other intraday activities.

Transaction / Turnover Charges

Fluctuating

Turnover charge

Transaction charges are levied by stock exchanges to settle trades carried out by the clients.

Call and Trade

Fluctuating

Operational cost

An additional charge of Rs 20 applies to all executed orders placed over the phone.

Square-off charges

Fluctuating

Statutory Fee

Charges levied by your open positions are squared by the leverage of Angel One.

Stamp Charges

Fixed

Tax

Uniform stamp duty charges are levied by the Stamp Duty Act of 1899 for trade in shares, debentures, futures and options, currency, and other capital assets.

Goods and Services Tax

Fixed

Tax

18 % GST on Risk Management, brokerage, transaction charges, and SEBI Charges.

SEBI Charges

Fluctuating

Statutory Fee

Regulatory charges are levied by the Securities and Exchange Board of India based on the nature of the trade.

Depository Participant (DP) Charges

Fixed

Tax

INR 20 + GST per scrip trade irrespective of amount or volume.

Features & Benefits of Angel One

Revolutionising fintech in a diverse country like India is no mean feat. Angel One has accomplished this within two decades and aims to continue its expansion until every Indian has a functional savings account and complete knowledge of the ABCs of investing in the country.

Here are the features that make it easy for Angel One to become the top-rated online investment and portfolio management company in India:

Demat Account
  1. Multiple Access Options
    The access and ease of operation are one of the reasons why Angel One has completely wiped out its competitors. 


    Angel One deals with electronically operated Demat accounts, which can be accessed through multiple nodes. You can carry your entire portfolio in your pocket and make informed decisions on the go.
  1. Digital platforms

    Angel One users have access to leading digital platforms such as Angel SpeedPro, Angel One App, and AngelBroking Trade.
  1. SPEED E-Facility

    Consumers can access the depository using the National Securities Depository Limited (NSDL), which accepts electronic payments. The elimination of physically present payment portals or cheques has simplified a time-consuming process.
  1. Easy transfers

    Angle One customers have the privilege to transfer their holdings through a receipt instruction slip (RIS) or delivery instruction slip (DIS) for the selling and buying of shares. The transfer facility is enabled by slips that contain all details for executing a smooth, regulation-free transaction. 
  1. Loan cushion

    For nearly a decade, Angle One has enabled investors to use their Demat accounts while acquiring loans. The option to use the portfolio as collateral has aided thousands of faithful customers in availing of quick and easy loans in time of need.
  1. Faster dematerialization & rematerialization of securities

    Dematerialization converts physical securities, such as stocks, shares, mutual funds, debentures, etc., into electronic form. In contrast, materialization is converting electronic holdings into physical forms such as certificates.

    As much as we preach about the luxury of having digital securities, Demat account holders can convert their electronic funds into physical form with ease. Alternatively, physical securities can be quickly converted to electronic commodities as well.

    The easy back and forth allows the account holders to be comfortable and reassured with their investments and money allocations. 
  1. Security and limits

    Demat account holders have the liberty to freeze their accounts and log out for as long as they can to prevent trading. This prevents them from making unexpected transactions or escaping fraud. 
  1. Corporate sync

    The dividends, interest, and refund afforded to you by your customers can automatically be transferred to your personal Angel One Demat account. The process is automatic, fast, and reliable.

    The right shares and bonus issues or stock splits are under the purview of automatic updations, a perk that all customers of Angel One Limited enjoy.

Pros And Cons of Angel One

Online trading have liberated the consumer from the shackles of BSE and other regulatory authorities and included millions of people in the game. The move also comes with plenty of cons. 

Let's discuss the pros first. There are many advantages of using online stock trading applications such as Angel One to conduct your stock trading and manage your portfolio.

There's freedom in making well-informed decisions based on your knowledge. There's added advantage in completely chucking out the regulations that keep millions of investors from becoming regular traders. 

Pros of Angel One Limited

  1. Ultra-low brokerage fees

    There are little to no brokerage fees on several trading options. The lack of strangulation and elimination of crushing fees has brought millions of people into the market. 
  1. Flat fees on exchanges

    The flat, blanket fee on all exchanges frees up the people from keeping tabs on the number of trading decisions and allows them to focus on the quality of their decisions instead.

    Charging per transaction feels punitive to the number of decisions a customer makes. Instead, levying a flat fee that isn't dependent on the number of transactions is assuring and convenient. 
  1. Access to advice from experts

    Angel One is home to research experts, market analyzers, and leading investment advisors from India. The group conducts daily research into the market and offers free consultations, daily updates, and market reflections to all registered customers.
  1. Free trading terminal

    The free trading terminal frees the investors and window browsers from being tied down to a fee. Access to the best assortment of digital trading products is a great way to gauge the price and test the waters yourself. 
  1. Wide variety of trading options

    Angle One handles F&O, Equity trading, Commodities, Insurance, PMS, Mutual Funds, and many other trading options, which you can't find anywhere else.

    The perk of being one of the first online trading venues and trendsetters is having access to almost all trading options and offering the people the best options possible.
  1. Margin trading facility

    Angel One allows for margin trading, which means the customers can buy the stock above their portfolio by paying a marginal value — with the rest of the amount matched by Angel One.

    The margin is paid in shares or cash by the investor. This allows the traders to invest beyond their potential and expand their portfolios. No risks, no rewards. With Angel One, risk-taking becomes more accessible and more reliable. 
  1. Free transfer of funds

    Angel One allows for the free movement of funds, securities, and assets to all customers. Moving funds around allow for a more liberal hand in trading options, often ending in lucrative deals.

    Every second counts when trading in the stock market — Angel One will enable you to make the most of it.
  1. Allowance of Demat as collateral

    Your Demat can be a powerful proponent of your investment history and a reliable indicator of your proposed liquidity. Angel One customers can use their Demat as collateral to apply for loans in the market.

    The feature has allowed thousands of people to expand their businesses and investment portfolios.

Cons of Angel One Broking

  1. Limited account options

    A 3-in-1 trading account is the merger of your Demat, trading, and bank account. A secured 3-in-1 account allows for seamless and secure transactions of a stock trade, futures, mutual funds, and currencies.

    Angel One does not allow for 3-in-1 accounts to signify its status as an online stock trading medium and not a savings portal.
  1. Additional fee on broker-assisted calls

    Angel One charges INR 20 for each broker-assisted call. Broker-assisted calls require human capital and intense research, which must be compensated.
  1. Multi-tier services

    The brokerage platform has free and paid services. The free users are often secluded from getting high-reward investment opportunities. Additionally, the illusion of better services is often exploited.
  1. Lack of privacy

    Angle One sub-brokers have unrestricted access to the Demat account of customers, which is used by the brokerage platform to encourage investment in certain areas. This unsolicited encouragement often turns into coercion, which is distasteful to the customers.
  1. Wrongful use of margin

    Angle One encourages the use of margin while buying shares, despite the fund availability in customers' checking accounts. This allows for the purchase of shares by adding additional debit and liability to the customers. 
  1. Steep increment in charges

    The charges amp us as customers move ahead in their investment journeys, which is often deceiving for customers who sign up instead of the low initial fee.
  1. Lack of consistent updates

    Often the profits or losses aren't reflected with immediate effect, which deludes the customers. The difference of even minutes can mean a lot when we take the market opening and closing time in context. 
  1. Non-uniform customer support

    Angel One does not have uniform customer support for each investment offering. The interface differs for commodities, equity, and other holdings, making it tedious for customers to reach in case of an urgent need.

Conclusion: Angel Broking Is Good Or Bad?

Angel One is an industry leader with over three decades of experience. Since the mid-90s, the company has made many strides to include millions of new people in stock trading single-handedly.

Angel One is a proud member of the National Stock Exchange and has partnered with Birla Sun Life Insurance International Finance Corporation to provide its clientele with a maximum number of services.

While there continues to be enough scope for improvement, the brokerage in angel broking is certainly worth a try.

I hope you liked our article on angel broking review, and it must have solved your queries such as what is angel broking margin charges, what is brokerage of angel broking/angel broking intraday charges, angel brokerage charges or angel broking delivery charges

if you have any comments or suggestions do share them in the comments below.

Frequently Asked Questions

1. Does Angel One have a brokerage charge?

Angel One has designated charges for each operation. There is a flat brokerage fee of INR 20 per executed order across all segments, regardless of the value of the transaction. The trading on F&O, intraday, currencies & commodities has individual rates that depend upon the market and taxes.

2. What's the cheapest brokerage in India?

Angel One Broking offers the cheapest discount brokerage in India, with a fixed fee of INR 20 per trade. Angel One presents the finest research and considerations in its recommendations to ensure maximum possible profits for all the investors.

3. Is there any hidden charge in Angel One?

Angel One allows free equity delivery trades for life with no additional taxes or hidden charges. Angel One does not have an account opening or entering fee. Angel One levies no additional charges or maintenance fees for the first year.

From the second year, a monthly maintenance fee of Rs. 20 + taxes is charged from all registered users.

4. What does it cost to open an account with Angel One?

Angel One does not have an account opening or entering fee. You can open a free Demat account and tip your toes into the world of online trading. The additional charges such as SEBI statutory fee, GST, and stamp duty are all informed to the customers and first-time investors.

Ankur Aggarwal

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About the Author

Hi all, I am Ankur Aggarwal – Digital Marketer, Entrepreneur, Traveller, Blogger, and Foodie. Have been blogging since 2010. In 2016 I scored 99.2 percentile in XAT Exam for MBA, left that to pursue my Online business dreams.
The purpose of ankuraggarwal.in is to pass on 100% accurate, genuine and FREE information on Personal Finance, Entrepreneurship, Investing, Career, and Learning Digital Marketing Online. Know more about me here: About Ankur Aggarwal

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