Angel One is also known as Angel Broking, Angel One is an Indian stockbroker firm established in 1996. The company is a member of the Bombay Stock Exchange (BSE), National Stock Exchange of India (NSE), National Commodity & Derivatives Exchange Limited and Multi Commodity Exchange of India Limited (MCX). Angel One also offers other products like Mutual Funds(MF), IPOs, Gold, Insurance and Fixed Income products.
Number of active clients Angel One
Acording to topsharebrokers, In financial year 2022-2023, Angel One Angel One Limited had about 42,32,924 active clients. This was an increase compared to the previous financial year.
Angel One brokerage fees include 0 (Free) on Equity Delivery, Flat Rs 20 or 0.25% (whichever is lower) on Equity Intraday, Flat Rs 20 or 0.25% (whichever is lower) on Equity F&O, Flat Rs 20 or 0.25% (whichever is lower) on Currency F&O, Flat Rs 20 or 0.25% (whichever is lower) on Commodity F&O.
Angel One Brokerage Charges
| Segment | Brokerage |
|---|---|
| Equity Delivery: | Flat Rs 0 (Free) |
| Equity Intraday: | Flat Rs 20 or 0.25% (whichever is lower) |
| Equity F&O: | Flat Rs 20 or 0.25% (whichever is lower) |
| Currency F&O: | Flat Rs 20 or 0.25% (whichever is lower) |
| Commodity F&O: | Flat Rs 20 or 0.25% (whichever is lower) |
Benefits of Demat account with Angel One
If you are looking to invest in shares, bonds or debentures, having a demat account is a must. There are many benefits of having a Demat account with Angel One. Here is a quick overview of the various benefits.
1. Ability to open a 2-in-1 account
With Angel One, you get the option of opening a 2-in-1 account. This means that you get the option of opening a Demat account as well as a Trading Account. Here both demat and trading accounts can be opened through a single account opening process, which helps you save time.
Let us understand the difference between 2-in-1 accounts and 3-in-1 trading accounts.
2-in-1 trading account basically integrates trading account and demat account. Thus, when you buy shares in your trading account, the movement is seamless on T+2 days to your demat account. Similarly, when you sell shares, debit from your demat account on T+1 date is also seamless.
3-in-1 account is offered by brokers who have banking operations within the group. Thus, Kotak Securities, ICICI Securities, HDFC Securities, Axis Securities and SBI Securities are all able to offer 3-in-1 accounts because of their banking interfaces that is Savings Account, Trading Account and Demat Account. While 2-in-1 accounts are essential to ensure a seamless connection between trading and demat, 3-in-1 is not a huge advantage as most broking platforms allow you to transfer funds to your trading account almost seamlessly.
2. Zero AMC Charges
Generally, when you open a demat account with a share trading company, you need to pay a specific fee to maintain your demat account. This charge is commonly known as Account Maintenance Charges (AMC) and can range from Rs. 500 to Rs. 1,000 per annum.
If you open a demat account with Angel One, these charges will be waived off and you will enjoy zero AMC for for 1st Year. From 2nd Year onwards, Non-BSDA (Basic Services Demat Account) Clients ₹ 20 + Tax / Month. For BSDA (Basic Services Demat Account) Clients – Holding Value Less Than 50,000 : NIL – Holding Value Between 50,000 To 2,00,000 : ₹ 100 + Tax / Year.
3. 100% paperless account opening process
Physically visiting branch offices and manually filling out applications to open a Demat account is a thing of the past. The account opening process at Angel One is 100% paperless and completely online.
Account verification, KYC norms, and application signing are all done through internet and Aadhaar verification. With Angel One, not only can you open your own account in a matter of minutes, but you can do so from the comfort of your home.
4. Great customer support
By opening a Demat account with Angel One, you can be rest assured to experience exceptional service and customer support.
Angel One Account Opening Charges
| Particulars | Charges |
|---|---|
| Trading Account Opening: | Rs 0 (Free) |
| Demat Account Opening: | Rs 0 (Free) |
Angel One Demat Account Charges
| Particulars | Charges |
|---|---|
| Account Maintenance Charges (AMC): | Free for 1st Year. From 2nd Year onwards. Non-BSDA Clients ₹ 20 + Tax / Month, For BSDA (Basic Services Demat Account) Clients: – Holding Value Less Than 50,000 : NIL – Holding Value Between 50,000 To 2,00,000 : ₹ 100 + Tax / Year. |
| DP Charges: | 20 Per Debit Transaction ₹ 50 Per Debit Transaction For BSDA Clients. |
| Pledge Creation / Closure: | ₹ 20 Per ISIN ₹ 50 Per ISIN For BSDA Clients. |
| Demat: | ₹ 50 Per Certificate |
| Remat: | ₹ 50 Per Certificate + Actual CDSL Charges. |
| Call & Trade / Offline Trade: | Additional Charges Of ₹ 20 / Order. |
Angel One Pros and Cons
Angel One Pros
- 26+ years of experience in trading and investment.
- Offers a wide range of financial products including Mutual Funds, Insurance, IPOs and Fixed Income products.
- Free research advisory services.
- Free trading software.
- Less Capital Required.
Angel One Cons
- High brokerage charges in comparison with other discount brokers.
- Doesn’t offer 3-in-1 account.
Angel One Margin
For delivery trades in the cash market, there’s no margin requirement. However, for intraday trades in the segment, You can avail up to 4 times your purchasing power through Margin Trading Facility (MTF). MTF allows an investor to buy shares by paying a fraction of the total transaction value.
| Segment | Margin |
|---|---|
| Equity Delivery: | 100% of trade value 1x |
| Equity Intraday: | 4x of trade value |
Angel One Trading Software
It offers a range of online trading software for its customers. Various trading platforms offered by the Angel One include:
- Desktop Application (Desktop Trading Terminal)
- Angel One (Online Trading App)
Why choose Angel One’s stock market app?
- With Angel One’s app, you will get live market data, advanced charts, seamless UI, and much more.
- Angel One’s app allow you to invest, trade and grow your wealth via Stocks, US stocks, IPO, Mutual Funds, Commodities, Futures and Options.
- Trusted by 1 crore+ investors
- Track real-time alerts about stock prices.
- Track real-time market movements.
Angel One Customer Support
- Call on : 08047480048
- Write an E-mail on : [email protected]
FAQ Angel One
There are 3 easy ways for opening a demat and trading account with Angel One
1 – Call – 08047480048
2 – Email – Send an email with your name and contact number at [email protected] and executive will call you back.
3 – Online Visit Angel One.
Visit Angel One.
Fill up the Online Account Opening form.
Call 08047480048 in case of any queries or an executives will call you shortly and guide you the process.
Proof of Identity : (PAN Card)
Proof of Address : Passport, Rationcard, VotersID, Drivinglicense, Electricitybill, LandlineTelephone Bill (not more than 2 months old), Bank PassBook (Copy of any one of the following with self attested)
Bank Account Proof : Copy of Bank Pass Book or Personalized Cheque leaf.
1 Latest Passport Size Photograph.
It hardly takes 5-10 minutes to process.
Demat Account Opening are complately free of cost, however there are are account maintenance charges (AMC). It can cost around Rs. 400 per year.
The Market timing is between 9:15 am to 3:30 pm. The duration of the pre-opening session is between 9:00 am to 9:15 am. (Monday to Friday)
Angel One is involved in investment advisory, wealth management solutions, and portfolio management services, among others, making it one of the best stock brokers for beginners.
The brokerage charge of Angel One is Max Rs 20 per trade while the brokerage of Groww ranges between Rs 20. Angel One is a Full Service Broker where Groww is a Discount Broker.
The brokerage charge in Angel One is 0 for equity delivery trades and Rs. 20 per executed order or 0.25% (whichever is lower) for equity intraday trade,currency, commodity futures trade, and equity, currency, commodity options trade.
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