Angel Broking Review 2019

Rated 4/5 by Top Share Brokers Team
Angel Broking Review

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Angel Group is a well-known Brokerage house and Wealth Management Company in India. Angel Broking, the part of Angel Group was founded in 1987. ANGEL BROKING is one of India's leading Financial Investment Solution Provider with expertise in providing end to end investment solutions through its dedicated centralized service desk.

The company is centrally located in Mumbai but also spread far and wide having branches in around 900 cities in India, 8500 sub brokers and 1 million clients.The broker provide NRI services to its 800 k + retail NRI clients across 143 nations and territories.

Through Angel Broking, you can trade in Equity, F&O,Commodities and currency across BSE,NSE,NCDEX & MCX. It not only provides platform to trade in Mutual Funds, and IPOs but also provides guidance for trading in stock market and value-added tools and services to enhance your trading experience.

The full Service broker also offers services like Portfolio management, Investment Advisory, Life Insurance, Personal Loans and Depository Services. Angel Broking is registered as a Depository Participant with CDSL.

Angel Broking only offers Trading and Demat Account which means for transferring money from Trading Account to your bank account is not seamless. It takes a call request to get money back in your bank account.

The Broker is awarded with many prestigious awards in Financial sector like Top Performer in equity segment award in BSE 2015, D&B Equity Broking Award for 'Best Equity Broking House' 2015. Angel Commodities Broking (P) Ltd. is subsidiary of Angel Broking for commodities trading.

On Customer Service side, Angel Broking claims to have centralized help desk, email, phone and live chat support though I haven't seen any live chat window onsite. Clients mostly complaints about negligence of Angel Broking Representative over their queries. 24*7 customer support is missing even with such big name in Industry.

Review Summary

Angel Broking just not only provides a trading platform but also provides a wide range of personalized wealth-management and investment services to its retail clients. Angel has pan India presence and products and services to satisfy every investor type backed by intensive research.


Benefits

  1. Access to all market segments on BSE, NSE, MCX & NCDEX.
  2. Browser and application-based trading on apps such as Angel Eye,Angel SpeedPro, Angel Swiftand Angel Lite.
  3. Comprehensive daily, weekly and specialized research reports, articles and videos from Expert Sector Analysts.
  4. Personalized support from Centralized Help Desk and through Phone, E-mail, Live Chat and SMS.
  5. In 2013 Angel Broking is awarded as 'Top performer in equity segment' of the year - BSE and "Broking House with the Largest Distribution Network".

Considerations

  • Minimum brokerage.
  • Hidden charges.
  • Special discount for online trader only.
  • No brokerage calculator and margin calculator onsite.

Special Offer

Flat Fee Max 30 Per Order on for online transaction. Free Account Opening- a limited time offer. Sign up now.

Request call back from Angel Broking

Angel Broking Investment Options Compare

Here we are comparing Angel Broking with its 5 close competitors on investment options.

Broker Angel Broking Sharekhan 5paisa Zerodha SAMCO
Equity Trading Type Yes Yes Yes Yes Yes
Currency Trading Yes Yes Yes Yes Yes
Commodity Trading Yes Yes Yes Yes Yes
Mutual Funds Yes Yes Yes Yes No
MF SIP Yes Yes Yes Yes No
ETF Investment Yes Yes Yes Yes Yes
Banking No No No No No
Insurance Yes Yes Yes No No

Angel Broking Brokerage Plan, Fees and Charges

Brokerage and Commission Rated 3/5

Angel Broking Account Opening Charges

      »»  Trading Account Opening Charges: Free
      »»  Trading Account AMC: Rs 300
      »»  Demat Account Opening Charges: Free
      »»  Demat Account AMC: Rs 2500 Life time AMC

Angel Broking Brokerage

The Brokerage of Angel Broking is volume based.The more you trade with them, the cheaper your brokerage will be.The Broker maintains a competitive brokerage as far as equity cash, Intraday and Future goes. Its options Brokerage is also on the lower side in the Industry making it ideal for casual investor.The brokerage for Equity Intraday, Future, currency option and commodity is same which is .04% to .01%

Equity Delivery - Equity Delivery Brokerage charges for Angel Broking ranges from .40% to .10% which competes most closely with Geogit BNP Paribas ( .30%) and Ventura (.20%) and lower than Reliance Securities (.50%). HDFC Securities (.50%) and ShareKhan (.50%).

Equity Intraday trade for Angel Broking runs at .04 to .01% which is quite cheaper as compared to big names in Industry like ICICIDirect (.275%) HDFC Securities (.10%) SBIcap Securities (.07%). So Angel Broking can be a good choice if you are a Intraday trader.

Derivative Future Trading with Angel Broking can be done at .04 to .01% which is quite in line with its competitors like Reliance charges (.04%) and GeojitBNP Paribas at(0.03%).

For Equity Options, Angel Broking is charging Rs 60/Lot which is in average range as compared to its competitors where ICICI(Rs 75-35 Per lot),Sharekhan(Rs 100 Per lot or 2.5% whichever is higher) on higher level and Reliance Securities (40 Rs Per Lot) and Ventura (RS 50 Per Lot) on cheaper side in industry.

Currency Future and options - Angel Broking is offering Currency options at(.04 to .01%) and currency future at (Rs 30/Lot) where Geojit is offering both currency future and option at 10 to 15 Rs as lowest and HDFC Securities is charging Rs 23 per contract.

For Commodities, Angel Broking is charging @.04 to .01% which falls in average range, where Sharekhan charges 0.10% (Higher),Kotak Security .07%(Higher), Motilal Oswal .05%(Average),Indiabulls .03% (Lower).

Introducing Angel iTrade Plan

From April 1st, 2019, Angel launched a new plan which is called “Angel iTrade”.  This plan is in line with the flat fee plan which is long awaited with a full-service broker like Angel Broking. The Angel iTrade Plan is offering trade-in maximum of Rs 30 per executed order. With this new plan Angle Broking is adding its name in “low brokerage trading account in India”. For Options - Order value is calcualted on Lot size * (Strike + Premium), so this will be always above Rs 50K. Rs 15 plan is benefisiery if you are doing small trade in delivery or Intraday. For retail IPO investor, you can enjoy Angel broking iTrade plan.

Angel iTrade Brokerage Plan Details

  • Account opening fee – Rs 699
  • Demat AMC Charges – Rs 450 PY from 2nd Year onwards
  • Order Value below Rs 50,000 – Flat Brokerage of Rs 15
  • Order Value above Rs 50,000 – Flat Brokerage of Rs 30
  • Call and Trade charges – Rs 20 Per Executed Order

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

Angel Broking with closest competitors

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

Broker Angel Broking Sharekhan 5paisa Zerodha SAMCO
Service Type Full Service Broker Full Service Broker Discount Broker Discount Broker Discount Broker
Brokerage Range Max Rs 30 0.1 to 0.5% Rs 10 Rs 20 Rs 20
Account Type 2 in 1 2 in 1 2 in 1 2 in 1 2 in 1
Equity Delivery Rs 15 up to Rs 50K, Rs 30 above Rs 50K Order Value 0.5% or 50 paisa Flat Fee Rs 10 Free 0.2% or Rs 20 whichever is lower
Equity Intraday Rs 15 up to Rs 50K, Rs 30 above Rs 50K Order Value 0.1% or 10 paisa Flat Fee Rs 10 0.01% or Rs 20 whichever is lower 0.02% or Rs 20 whichever is lower
Equity Futures Flat Fee Rs 30 0.1% or 10 paisa Flat Fee Rs 10 0.01% or Rs 20 whichever is lower 0.02% or Rs 20 whichever is lower
Equity Options Flat Fee Rs 30 2.5% of Premium or Rs 250 per lot whichever is high Flat Fee Rs 10 Flat Fee Rs 20 Flat Fee Rs 20
Commodity Flat Fee Rs 30 0.1% or 10 paisa Flat Fee Rs 10 Flat Fee Rs 20 Flat Fee Rs 20
Currency Futures Flat Fee Rs 30 0.1% or 10 paisa Flat Fee Rs 10 0.01% or Rs 20 whichever is lower 0.02% or Rs 20 whichever is lower
Currency Options Flat Fee Rs 30 2.5% of Premium or Rs 30 per lot whichever is high Flat Fee Rs 10 Flat Fee Rs 20 Flat Fee Rs 20
Rating

Please refer unique and accurate Angel Broking Brokerage Calculator


Open Trading and Demat Account with Angel Broking

There is simple ways to open an account with Angel Broking:.

  • Click on Open An Account and fill the form. One of the representative contacts you shortly.

Contact Angel Broking

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Angel Broking Trading Platform and Tools

Trading Platforms Rated 4.5/5

    Web Based Platform: Angeleye.angelbroking.com is the proprietory website of Angel Broking for trading in all segments with advance features like Portfolio tracker,Interactive charts,market news, Angel's research report, Model portfolio, tick by tick market feeds with fast and simple execution.

    Software based trading Platform:Angel SpeedPro : This is the installable software that can be downloaded and installed on your computer. This is a fully functional trading terminal allowing fast execution of orders with real time monitoring, Online fund transfer (39 banks), Streaming Quotes and Multiple Exchanges. Its features includes News Flash, Open in Excel (Live market in excel with rate refresh), Combined Best Five,Heat Map Analysis, Intraday, Historic and Continuous Charts. Dedicated Research area which provides Angel calls, Daily Report and Research Reports.

    Angel Swift (tablets/smartphones/mobiles): Angel Swift is the Application for ipads , android tablets,android smartphones ,iphones,blackberry, JAVA and other android phones for trading on NSE Cash, NSE F&O, BSE Cash, MCX, MCX-SX, NCDEX. Fetures are Real-time access to multiple reports, stock-portfolio, charts.

    Angel Lite(mobile/tablet): A browser-based mobile trading tool that can be used with low GPRS connectivity. It doesn't requires any downloading and installation.

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

Angel Broking Trading Platform Compare

Here we are comparing Angel Broking with its 5 close competitors on Trading Platform.

Broker Angel Broking Sharekhan 5paisa Zerodha SAMCO
Desktop Windows Yes Yes Yes Yes Yes
Desktop Mac No No No No No
Web Trading Yes Yes Yes Yes Yes
Android Tablet App Yes Yes Yes Yes Yes
Android Mobile App Yes Yes Yes Yes Yes
iPhone App (iOS Mobile App) Yes Yes Yes Yes No
iPad App Yes Yes Yes Yes No
Mobile Site Yes Yes Yes Yes Yes

Final thought about Angel Broking

Angel Broking is among the top five brokerage houses in India and has highest no of trading terminals.But the broker is left behind when it comes to things like tools to calculate the brokerage and margin calculator. Also there is no clear view of their brokerage plans anywhere on website.

Looks like the brokerage is negotiable which means once you start trading with Angel Broking, your brokerage charges may be reduced depending upon your trading volume.

The Broker doesn't have good repo over customer service as far as reviews are concerned .They also have minimum brokerage of Rs 30 which is like additional charges to trade in Penny Stocks.

Overall an average Broker as per our reviews which can be improved and shine over others overtime in Indian brokerage space.

If you like what you have read and want to open an trading and demat account with Angel Broking, leave your contact information with us and we will guide you.


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Angel Broking User Reviews

avatar
79. Rahul Jha Sep 13, 2019 2:01:50 AM IST Reply
Shares are getting buy/sell automatically at a very huge loss amount. They never support in adverse situation and never guide to any investors like a support person.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
avatar
78. Kumar Jul 26, 2019 11:49:26 AM IST Reply
Very woerst broker in india as the stop[ loss does not work and bad recommendations and poor customer services

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
avatar
77. Pradip nayek May 6, 2019 1:49:49 PM IST Reply
NA

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
avatar
76. nitin shankar dhatrak Mar 2, 2019 8:44:07 PM IST Reply
Hi, Sir
I am Interested to open new account in your company, but i am not sure, because , I read every review your company. please refer me. why I am open account in your company.
many client unhappy to your customer service, and your broker service.
which is better company for d mate account for share trading.
avatar
76.1. Sanjeev kumar Apr 5, 2019 10:36:10 PM IST
Contact me for account opening
avatar
75. Gulab Chand kumawat Mar 1, 2019 7:19:20 PM IST Reply
What is reason top broking zerodha. I want sub broker
avatar
74. Arun Prasanth s Jan 22, 2019 10:41:34 AM IST Reply
In the name of slippages they cheat a lot. i wont recommend to any one to use angel broking zerodha is far more better.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Below Average
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
avatar
73. J Martin Jan 17, 2019 9:13:29 AM IST Reply
Angel Broking is a poorly managed company. In fact, such a company can exist only in a corruption-ridden country like India.
I had lost nearly 2 lakhs because of their inefficiency and indifference.
Companies like Angel Broking, Kotak Securities are run and managed by a bunch of thugs to steal the money of common people.
But today India is for such type of people, alas.
avatar
72. Dev Jan 7, 2019 11:22:21 AM IST Reply
If you are thinking investing in share market and opening demat account, never trust on Angel Broking. They have no experience and gives your false commitments. They give you recommendation on shares on their website in your login portal and when they see that that share is in loss they quickly remove that share from their "Recommendation" option in their portal and later it looks like they have never recommended that share to anyone.
Moreover, their managers in their local branches are not trust worthy. I''''ve got a loss more than 1lac because of their poor and incomplete knowledge.
I found their another business is "Commission" from other insurance companies. They usually sell you the insurance policy of another company to get the commission from them and so that they can survive in the market and tell you that if you buy the policy from them, they will give you good profit shares recommendation.
Which never happened.

So thinking to invest in shares, Do Not Think Angel Broking, at least.


Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
avatar
71. Prakash N Dec 10, 2018 12:37:01 PM IST Reply
Nothing to like. no use to be here

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
avatar
70. Prakash N Dec 10, 2018 12:26:35 PM IST Reply
there is nothing to like. the worst serviced company ever

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor

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