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Angel One Review 2023

Rated 4.5 stars Rated 4.5/5 by Top Share Brokers Team
Last updated on: 29-Nov-2022
Angel One Review
Open Instant and Online account with Angel One in 15 mins.

Angel One Review 2023 - Quick Summary

Enjoy full-service broker services at discounted brokerage rates with Angel One offering free delivery trading and charges Rs. 20/order flat brokerage across segments. Angel One is a new-age FinTech platform that provides next-gen technology platforms; Angel One App, Angel SpeedPro Desktop Trading Software, ARQ Prime (Rule-based investment engine) for stocks and mutual fund recommendations, and research & advisory services.


Rated 4.5 stars

Angel One Top Highlight for 2023

  • One of the most trusted or leading retail brokerage firms in India with 25+ years of experience.
  • One-stop solution for all your financial needs.
  • Open Free Angel One Demat Account Instantly online.
  • Lifetime Zero brokerage on investment in stocks.
  • Competitive brokerage at Max Rs. 20 per order on intraday, F&O, Commodities, and currencies.
  • Advanced trading platforms; Angel One App, Angel One Trade, and Angel Speed Pro.
  • Get the best stock advisory with ARQ Prime, a rule-based investment engine (Robo advisory) with powerful analytics.
  • Free IPO and stocks research and recommendations.
  • Angel Bee, a dedicated mutual fund investment platform and offers personalized ARQ-powered advisory.

About Angel One

Angel One (Formerly known as Angel Broking) is one of the oldest (since 1987) leading brokerage firms in India. Being a registered member of BSE, NSE, and MCX, it offers online equity, derivative, commodity, and currency trading services. It also provides mutual funds, margin trading services, and loans against shares.

What makes Angel One the best broker is it offers full-service broker’s services at flat discount brokerage rates. In Nov 2019, the broker has launched the Angel One brokerage plan that charges Rs. 0 brokerage on delivery trading and a lower of Rs. 20 per order or 0.25% on trading in other segments. You can open Angel One Demat + Trading Account to start online trading at the cheapest brokerage.

The broker offers the best in-house online trading platforms including across website, mobile app, and desktop. Angel One App is an all-in-one mobile trading app to facilitate trade across segments at your fingertips. Angel SpeedPro desktop trading software is one of the best trading software with high-speed trading execution, advanced charting functionality, instant market updates, and portfolio management services. It also offers Angel BEE app to provide paperless mutual fund investment facilities to clients.

Angel One ARQ is a robotic advisory platform that uses smart algorithms to provide clients with personalized stock and mutual fund recommendations. Angel One also offers free stock market research & advisory services including fundamental and technical research reports for investing & trading ideas and IPO research. The broker resolves customer queries through email support and via the customer care helpline number.

Get complete details about Angel One Review 2022 including how to open Angel One Demat Account Online, account opening charges, Angel One brokerage charges, trading platforms, and Pros & Cons.

Angel One Promotion Offer

Current promotion offer from Angel One for TopShareBrokers Visitors:

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Angel One Brokerage Plan, Fees and Charges

Rated 4.5 stars Brokerage and Commission Rated 4.5/5

Angel one has a fixed Rs. 20 flat discount brokerage plan that offers zero brokerage delivery trading and charges a Maximum of Rs. 20 per order brokerage irrespective of the trade volume across segments.

Angel One Account Opening Charges

Trading Account Opening Charges: Free
Trading Account AMC: Free
Demat Account Opening Charges: Free
Demat Account AMC: Rs 240 PA (Waived for 1st year)

Angel One Brokerage Plan with closest competitors

Here we are comparing Angel One with its 5 close competitors, who are currently market leader in brokerage industry.

Broker Angel One 5paisa Zerodha Upstox Paytm Money
Service Type Full Service Broker Discount Broker Discount Broker Discount Broker Discount Broker
Brokerage Range Rs 20 Rs 20 Rs 20 Rs 20 Rs 15
Account Type 2 in 1 2 in 1 3 in 1 3 in 1 2 in 1
Equity Delivery Free Flat Fee Rs 20 Free 2.5% or Rs 20 whichever is lower 2.5% or Rs 15 whichever is lower
Equity Intraday Flat Rs 20 or 0.25% whichever is lower Flat Fee Rs 20 0.03% or Rs 20 whichever is lower 0.05% or Rs 20 whichever is lower 0.05% or Rs 15 whichever is lower
Equity Futures Flat Rs 20 or 0.25% whichever is lower Flat Fee Rs 20 0.03% or Rs 20 whichever is lower 0.05% or Rs 20 whichever is lower 0.02% or Rs 15 whichever is lower
Equity Options Flat Rs 20 or 0.25% whichever is lower Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 15 per order
Commodity Flat Rs 20 or 0.25% whichever is lower Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 20 NA
Currency Futures Flat Rs 20 or 0.25% whichever is lower Flat Fee Rs 20 0.03% or Rs 20 whichever is lower 0.05% or Rs 20 whichever is lower NA
Currency Options Flat Rs 20 or 0.25% whichever is lower Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 20 NA
Rating
Rated 4.5 stars
Rated 4 stars Rated 4.5 stars Rated 4.5 stars Rated 4 stars

Other Charges

  • Call & Trade Charges: Rs 20 per order
  • RMS Auto Square Off Charges: Rs 20 per order
  • Hidden Charges: NA

For complete brokerage charges and trading plans detail please visit Angel One Brokerage Charges.

Please refer unique and accurate Angel One Brokerage Calculator


Type of Account offered by Angel One

Angel One offers a 2-in-1 (Demat + Trading) account opening facility to Indian as well as NRI customers. A customer can open the following types of accounts with Angel One;

Angel One Demat and Trading Account

    Angel One is a depository participant with CDSL to offer Angel One Demat Account opening facility to customers. The brokerage firm offers a free Demat account at zero account opening charges. Open a 2-in-1 account with Angel One (Demat + Trading) account online with zero paperwork involved, and start online trading in equity, derivatives, commodity, and currency segments. You can also invest in IPO, corporate bonds, Sovereign Gold Bond, and NCDs through Angel One Trading Account.

Angel One Mutual Fund Account

    Angel Bee is an all-in-one mutual fund app by Angel One to start SIP or invest lumpsum money in your choice of mutual fund scheme. Investors can open an Angel One mutual fund account at zero charges and start investing in their choice of scheme. However, the broker only offers regular mutual fund plans and direct plans are not available.

Angel One NRI Account

    NRI customers can open a 2-in-1 (NRI Demat + NRI Trading Account) with Angel One. To open Angel One NRI Account, they have to open either NRE or NRO bank account, get a PIS certificate, and obtain a CP code on their own. Angel One NRI Trading Account allows NRI clients to trade in stocks, equity derivatives, and IPO. NRI clients can not invest in mutual funds with Angel One.


How to open Angel One Account online?

Angel One offers you a paperless 4-step account opening process to open a Free Demat Account instantly at zero charges.

  1. Head to Angel One’s website.
  2. Click on the “Open Free Demat Account”
  3. Add your name, and mobile number, and select your city.
  4. Enter the OTP sent to your registered mobile number.
  5. Enter personal details; DOB, PAN number, email ID address, bank account number, and IFSC code.
  6. Click on the “Proceed” option and select “Instant Account Opening with DigiLocker”.
  7. Enter aadhaar number, and basic info (annual income, occupation, father’s name).
  8. Upload documents; PAN card, client signature, and bank statement.
  9. E-sign with aadhaar by entering aadhaar number and OTP.
  10. Take a clear video of yourself for online verification by uploading a 10-second video. The process is completed.

Note: You will receive Angel One will Demat account details on your email and mobile number. Use the login details to access your Angel One Trading & Demat account, and start your investment journey.

Open Instant and Online account with Angel One in 15 mins.

Alternatives to Angel One

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Angel One Mobile App and Trading Platforms

Rated 4.5 stars Trading Platforms Rated 4.5/5

Angel One brokerage firm offers an in-house designed online trading platform across the website, desktop, and mobile app versions. Angel One Trading Platforms are available for free to use at zero charges.

Angel One Mobile App

    Angel One App is not just a stock market trading app but beyond these, the app offers you the best share ideas and personalized advisory services powered by ARQ technology. The Angel One mobile app facilitates clients to track live market indices, and global indices, get free stock recommendations, check portfolio health, and access 21+ charts with ChartIQ and Tradiview charting libraries. The Angel One app can be downloaded on Android and iOS smartphone devices.

Angel One Trade| Web Trading Platform

    Angel One Trade is its official trading website to allow online trading across segments. Angel One customers can access the trade.angelbroking.com through any compatible browser like Chrome and Firefox. The web-based platform allows users to track their portfolio, get advanced charting tools with a host of technical indicators, get up-to-date market information, state-of-the-art stock screener, access Angel Research, and receive alerts & notifications.

Angel SpeedPro Desktop Trading Software

    Angel SpeedPro is the desktop trading software or Angel One trading terminal that can be downloaded on your laptop or desktop device. The desktop trading platform gives an integrated single-window trading experience to traders with real-time market updates, portfolio management, investment in mutual funds, get live market data in Excel, and integrated news flash and reports. Angel One traders can experience the power and speed of instant trade execution and reports.

Angel Bee Mutual Fund App

    Angel One has a dedicated mutual fund investment platform, Angel Bee App. The mobile app is a one-stop solution for all your mutual fund needs such as starting SIP or investing one-time lumpsum in equity, balanced, debt, or tax saving schemes, tracking your mutual fund portfolio, and checking mutual fund ratings (CRISIL, Morningstar, Value Research). Angel Bee app allows paperless mutual fund investment and provides ARQ -powered scheme recommendations based on smart algorithms.

For detail review of mobile app and download please visit Angel One Trading Platform Review.


Angel One Trading Pros

  • Trade at Max Rs. 20 per order across segments.
  • Free equity delivery trading for a lifetime.
  • Pre-IPO Apply feature to subscribe to an IPO before it goes live.
  • Zero Demat AMC charges for 1st year.
  • Angel One GTT order (Good Till Trigger) order feature.
  • Get free access to Angel One stock and IPO research.
  • Get smart recommendations with Angel One ARQ, Robo Advisory platform.
  • Best trading platforms including website, Angel One App, and Angel SpeedPro terminal.
  • Get Free Angel One API to build your own trading platform.
  • Large network of 16,000+ registered authorized partners.
  • Angel One Smart Money learning platform for beginners, traders, and investors.
  • Margin trading facility.
  • No hidden charges.

Angel One Trading Cons

  • High DP charges of Rs. 20 + GST.
  • ARQ-Prime, the Smart Beta investment engine is a paid platform.
  • Angel One does not offer direct mutual funds.
  • It does not offer a 3-in-1 account opening facility.
  • No monthly trading plans are available.

Angel One Customer Care info


Final thought about Angel One

Rated 4.5 stars Rated 4.5/5 by 74 users

Angel One is the best broker to start trading at Rs. 20 fixed flat brokerage fees across multiple segments. If you are a beginner then Angel One is the right choice for you to get free stocks and IPO research, and get personalized stock market and mutual funds recommendations via ARQ-powered technology. Angel One Smart Money platform also provides knowledge about stock market trading & investment from beginners to experts. However, if you are a DIY mutual fund investor, Zerodha, and Upstox are the recommended discount brokers offering free direct mutual fund investment at Rs. 0 commission.

Request call back from Angel One

Last updated on: 2022-11-29

FAQs

Angel One Demat Account opening process is online. There are following ways to open demat account with Angel One:

  • Leave your contact information here and Angel One representative will call you.
  • Open Angel One website and fill the information form there that includes your name, mobile no, and city. Angel One representative will call you to explain all the account opening details.

 

Angel One account closure is an offline process. Both Demat and Trading Account can be closed by visiting the nearest Angel One branch. You need to either download the account closure form from company’s website under Important Documents section or procure the physical account closure form from the nearest branch. Fill the form and submit it to the Angel branch office. There are no charges for account closure.
Angel One Download Account closure Form -Link

 

There are multiple modes to put money into your Angel One trading account. Any customer can add money via UPI or net banking as per their choice. UPI is a direct method to transfer funds instantly at zero charges.

Transferring funds digitally through UPI is the easiest, most convenient, and most instant process. A trader only requires a valid UPI ID to add funds instantly to the Angel One trading account. You can transfer a maximum of Rs 1 lakh via UPI.

Angel One UPI Fund Transfer Process;

  1. Log in to the Angel One web or App.
  2. After logging in, under the “Funds” tab, click on the “Add Funds” option.
  3. Select the bank account you want to transfer funds.
  4. Enter the amount you want to add.
  5. Select the UPI mode as a preferred mode of fund transfer.
  6. Choose the UPI App (BHIM UPI, GPay, Paytm, and PhonePe) or enter the UPI ID and tap on “Proceed”.
  7. Authorize the payment by accepting the UPI mandate request on your phone.
  8. Once done, the funds will be instantly reflected in your Angel One account.

 

There are numerous ways to connect with Angel One customer support team. Clients can raise any issue on the customer care e-mail at [email protected] and helpline number at 08047480048. Customers can raise their queries related to equity, currency, and mutual fund investment from 8:30 to 5:30 PM from Monday to Saturday.

 

To withdraw money from Angel One demat account, you need to follow the steps:

  • Log in to your profile by entering demat account details.
  • Click on the “Funds” section provided in your profile.
  • You will be redirected to funds page where you will get options of Add Funds or Withdraw.
  • Click on withdraw option and you will get the details of amount available,
  • Enter the amount you want to transfer in your bank account. You can only transfer the money that is received by you after selling certain securities.
  • Enter all the relevant details asked by the broker, enter amount and password to initiate the transfer.
  • In few hours, the amount will be credited in your bank account.

 

There are many reasons that make Angel One a great stock broker for beginners in the stock market, among all, unfettered and free access to the detailed Angel One fundamental & technical research reports and advisory is the top factor that helps beginners to make profitable investment decisions.

Apart from this, beginners can also read informative blogs and articles on the knowledge center to take smart decisions to invest their hard-earned money. It has a dedicated Smart Money platform specially designed for beginners to provide stock market learning and a guide to the financial market.

However, beginners looking to step in by investing in mutual funds can only purchase regular schemes as the Angel Bee platform does not provide direct mutual fund schemes to clients.

 

Angel One is a SEBI-registered stock brokerage firm and a trading member of BSE, NSE, and MCX. All the transactions placed through the broker are regulated by SEBI regulations which make Angel One a safe broker for trading & investment.

It is also a listed company whose shares are traded on BSE and NSE. Strong long-term operating history of 30+ years and a large network of 16,000+ registered partners make Angel One a trusted broker.

 

Angel One Demat and Trading account opening is absolutely free means there are no charges. The first-year Demat maintenance fee is also NIL and thereafter Rs 240 per annum Demat AMC is charged.

It's Angel iTrade Prime is a flat discount brokerage plan that charges Rs 0 brokerage on investment in shares (Delivery trading, CNC) while intraday and futures & options trading is charged at flat Rs 20 per order brokerage fee.

 

Mr. Dinesh Thakkar founded Angel One (Angel Broking) as an Indian stockbroking firm in 1996 and over the years, the broker has carved a strong brand reputation in the broking industry. It is a one-stop-shop to trade and invest in shares, equity derivatives, commodities, currencies. IPO, and mutual funds.

 

Yes, Angel One discount stockbroking firm is registered with the SEBI market regulator with registration number INZ000161534. It is also an active trading member of NSE, BSE, MCX, NCDEX, and a depository participant with CDSL.

 

BO ID (Demat account number) is a 16-digit account number that is unique for every account holder. The first 8-digits of the Demat account number is your CDSL DP ID and the last 8-digits are Demat account holder customer ID.

 

Yes, Angel One assists customers by providing them with comprehensive insightful research reports including stock fundamental research, technical research, and IPO research services. Its ARQ prime algorithm-based engine also offers personalized advisory services to customers to invest in stocks and mutual funds.

 

The process of converting one order to another like Intraday orders (MIS) to Delivery (CNC) or CNC to MIS is called position conversion. Angel One allows customers to change their trade or positions using the Angel One app or website.

Steps to convert MIS to CNC order in Angel One App;

  1. Log in to the Angel One mobile app or web.
  2. Once logged in, click on the “Orders” tab.
  3. Now, go to the “Positions” tab.
  4. Go to the menu option and select the “convert” option to change your trade position.

 

Angel One is a well-known technology-focused brokerage house that offers online trading across exchanges at the cheapest discount brokerage rate.

Reasons to trade with Angel One;

  • Zero brokerage on delivery trading.
  • Rs 20 flat brokerage intraday and F&O trading.
  • Brokerage-free mutual fund investment.
  • Web, app, and desktop trading software platform.
  • Insightful expert research.
  • ARQ hyper-intelligent stock and mutual fund advisory.
  • Zero interest on Margin Trading for 30 days.

 

BTST stands for Buy Today, Sell Tomorrow which is a special feature for traders who want to make a profit from short-term price volatility. Angel One allows clients to do BTST trades to benefit themselves.

Usually, a stock bought today takes T+2 days to get credited into the client’s Demat account but Angel One offers a BTST feature, allowing traders to sell stock even before receiving the actual delivery of shares in their Demat account.

 

Yes, Angel One offers a margin trading facility (MTF) to allow customers to buy shares now by paying a fraction of the total trade value, and the balance amount is funded by the broker itself called margin. The fintech broker charges zero interest on MTF for 30 days.

Steps to avail MTF in Angel One;

  1. Log in to the Angel One app or web.
  2. Add the desired scrip to the watchlist.
  3. Tap on the “Buy” option.
  4. Enter details like quantity and price.
  5. Select the product type as “Margin” and place the order.
  6. Tap on the “Confirm Buy” option.
  7. Pledge MTF stock by 9 PM on the same trading day.

 


Angel One User Reviews

avatar
104. amarnath Sep 22 2022 09:22:53 AM Reply
OVERALL FULL SATISFACTION

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Customer Service - Excellent
Overall Experience - Excellent
avatar
103. Hareesh Mar 08 2022 12:46:12 AM Reply
Good and prompt service for customer complaint

Ratings:

Brokerage - Above Average
Account Maintenance Fees - Above Average
Website Usability - Excellent
Customer Service - Above Average
Overall Experience - Above Average
avatar
102. Jay Modi Mar 01 2021 09:59:58 AM Reply
angel is really third class .. when they cant handel the puclics querry they should not advertise so much... no customer service at all

Very Poor when it comes to help option with them .

Never open DMAT with them

POOOOOOOOOOOOOR
avatar
102.1. Shahrukh Zari Mar 11 2021 11:57:56 AM
I agee to Mr. Jay. AB is more worst than third class. no prompt service at all. I am fed up with their service. one of my friend and me had the same transactions while trading the difference was he had a brokerage of Rs. 400 and I was charged Rs. 20000. Despite of raising the complaints on this issue my issue is not solved yet. Very poor
@New customers- Please do not open your account with AB. Better you go with some other firm
avatar
101. Shahrukh Zari Mar 11 2021 12:16:39 AM Reply
AB is a third class broker. Charging a hell huge amount of brokerage to me. not even a single service call from their side. Angel broking is not a customer oriented it is brokerage oriented firm. First charges a huge brokerage and when the customer complains about the same, they say that you have old brokerage plans please send an email we will upgrade your brokerage plans. Now its almost a week I have sent an email requesting to change my brokerage plans, but still that has not been addressed by AB. Honestly I am paying more brokerages as compared to my profits/ losses.
Now I am leaving Angel Broking and join some other broker firm. If a zero "0" or negative rating was an option, I would have selected that rating.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
avatar
100. KUNJAL Dec 23 2020 12:16:57 PM Reply
banknifty call put option selling hedging main kitna margin lagta hai brokerage. 1 lot. ki
avatar
100.1. ARUN RAJPUT Jan 24 2021 08:21:54 PM
40000 K UNDER ME SELLING KAR SAKTE HE ADHAIK JANKARI KE KIYE 8770334464 PAR CALL KARE
avatar
99. Jonathan Jan 21 2021 08:51:24 PM Reply
Hello,

Assuming I want to.purchase share of Rs50k and I make a profit of Rs50k. (Principle+ profit =Rs1lac). How much cash fund should I maintain in my trading account to buy & sell Shares.
avatar
98. D Bagchi Jan 07 2021 09:47:33 AM Reply
The Angel Broking delivery charges are not free for equity. They charge Rs.20 + GST for each ISIN traded in equity. This is their brokerage which they call settlement charges. The information given here is incomplete and incorrect about Angel Broking. Also their Trade Angel trading platform is horrible. This platform is slow, and gives wrong information. In addition it has a problem of re-login again and again.
avatar
97. Balakrishna Gajam Oct 12 2020 10:06:03 PM Reply
Today worst experience to much loss. Angel broking should stop their business. It''s not eligible for stock broking. Stupid. No customer care is lifting the phone. I tried today more than 30 times to covert my intrady to carry forward to recover my loss. Even I have 40k in my account, 33 k value is not converting. What is this. Whom should I complain. I tried register in SEBI to complaint. When I clicked on register in SEBI, it''s showing page is loading. Any way I will complain.
avatar
96. SAMIR PATEL Oct 08 2020 01:37:38 PM Reply
There is nothing to say positive about Angel Brooking. Don''''t know why he told customer NO 1 service.. 3rd Class service.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - No once given proper answer/No experience Person
Overall Experience - Very Poor