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.
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.
Free Delivery and Flat Fee Rs 20 Per Order. Free Account Opening a limited time offer. Sign up now.
Here we are comparing Angel Broking with its 5 close competitors on investment options.
|Equity Trading Type||Yes||Yes||Yes||Yes||Yes|
»» Trading Account Opening Charges: Free
»» Trading Account AMC: Free
»» Demat Account Opening Charges: Free
»» Demat Account AMC: Rs 2500 Life time AMC
From Nov 1st, 2019, Angel launched a new plan which is called “Angel iTrade”. This plan is in line with the flat fee plan of 5paisa, Edelweiss and Discount brokerage plans of Zerodha, Upstox, Samco - which is long awaited with a full-service broker like Angel Broking. The Angel iTrade Plan is offering free delivery trade and Flat Rs 20 per executed order for Intraday, F&O, Currency and Commodity. With this new plan Angle Broking is adding its name in “low brokerage trading account in India”.
Angel iTrade Brokerage Plan Details –
For complete brokerage charges and trading plans detail please visit Angel Broking Brokerage Charges.
Here we are comparing Angel Broking with its 5 close competitors, who are currently market leader in brokerage industry.
|Service Type||Full Service Broker||Full Service Broker||Discount Broker||Discount Broker||Discount Broker|
|Brokerage Range||Rs 20||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||Free||0.5% or 50 paisa||Flat Fee Rs 10||Free||0.2% or Rs 20 whichever is lower|
|Equity Intraday||Flat Fee Rs 20||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 20||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 20||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 20||0.1% or 10 paisa||Flat Fee Rs 10||Flat Fee Rs 20||Flat Fee Rs 20|
|Currency Futures||Flat Fee Rs 20||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 20||2.5% of Premium or Rs 30 per lot whichever is high||Flat Fee Rs 10||Flat Fee Rs 20||Flat Fee Rs 20|
Please refer unique and accurate Angel Broking Brokerage Calculator
There is simple ways to open an account with Angel Broking:.
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.
Here we are comparing Angel Broking with its 5 close competitors on Trading Platform.
|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|
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.
Last updated on 2019-11-02