FREE Equity Delivery and MF
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Contact Angel One
Open Instant and Online account with Angel One in 15 mins.Angel One, one of the leading full-service brokers in India facilitates NRI trading. Likewise, residents, NRIs can open a two-in-one account with Angel One integrating two accounts; NRI Demat Account and NRI Trading Account. With the 2-in-1 account, NRIs can trade-in different products such as equity and IPOs.
NRIs can access all kinds of Angel One trading platforms completely free of cost including the web platform – Angel One Trade, Angel One mobile app, and desktop trading software - Angel SpeedPro. However, NRIs are not allowed to invest in mutual funds thus can’t access Angel Bee app for mutual fund investment.
On the other side, NRI clients can also avail Portfolio Management Services (PMS) to design a customized investment portfolio in line with their requirements and to gain maximum return.The broker further provides free research and investment advisory to NRIs wherein daily reports, IPO reports, company-specific fundamental and technical reports, rollover reports, market outlook reports, etc. are available to assist clients to invest in the right product.
If you’re an NRI and looking to open NRI account online with Angel One then you are on the right place as here, we’re providing you a comprehensive Angel One NRI account review including the account types, NRI account opening charges, brokerage, trading process, trading platforms, and others.
Angel One 2-in-1 account combines two different accounts; Angel One Demat Account and Angel One Trading Account.
Above two accounts are not sufficient for the online trading by NRIs as they also require Portfolio Investment Scheme certificate that is a permission letter to allow NRIs to undertake investment in stocks and mutual fund and also a bank account that may be either NRE or NRO bank account.
Not all the products & services that are being available to Indian residents are available to NRIs, thus, NRIs can access following services;
NRIs can follow either online or offline process to open an online NRI demat and trading account with the broker.
This is the most preferred account opening process because as NRIs reside outside India therefore, it is not possible for them to come to India and fill manual forms, henceforth, online account opening process is followed. To open an online NRI account, NRIs can contact the Angel One customer service desk either on the telephone at 022-33551111/42185454 or over mail at [email protected]. The customer service representative will familiarize you with the entire NRI account opening process in detail and assist you to complete online account opening formalities.
If you’re in India then to open an offline NRI account, you have to visit any of the nearest Angel One branches, fill physical forms, and submit it by attaching necessary documents.
The broker doesn’t provide NRI account opening forms online on its website and therefore, NRIs have to contact the Angel One customer service desk to get the forms.
To open an online trading account, NRIs have to submit several list of documents. The document checklist that needs to be submitted along with the application form, is provided here as under:
Note: All of the above documents must be attested by court, magistrate, judge, local banker, or any other authorized person.
Get here the details about NRI account opening charges with Angel One
S. No. | Particulars | Charges |
---|---|---|
1. | NRI Trading Account Opening Charges | Rs. 36.48 |
2. | NRI Trading Annual Maintenance Charges(AMC) | Rs. 0 |
3. | NRI Demat Account Opening Charges | Rs 500 (Including GST) |
4. | NRI Demat Account AMC | Yearly Charge : Rs 450 |
Life time Plan : Rs 2950 (No need to pay AMC every year) |
Angel One NRI brokerage charges for various segments are provided below:
Particulars | Brokerage charges |
---|---|
Equity delivery-based trades | 0.50% per trade or 0.05 per unit, whichever is lower |
By opening a 2-in-1 account, NRI clients can start online trading with Angel One following these steps;
The digital-savvy full-service broker offers free in-house trading platforms that are elaborated here as under:
To assist users to build an efficient portfolio, Angel One has come up with an innovative investment advisory engine called ARQ. NRIs can access the ARQ advisory tool to seek stock recommendations and also check the stock-specific scores for the companies, they have invested in.The free investment advisory tool will help people to build an efficient portfolio to gain the maximum possible returns.
The broker only allows Indian citizens to invest in mutual funds and doesn’t facilitate MF investment services to NRIs. Thus, NRI clients have only the choice to invest directly in MFs by visiting the asset management companies’ platform.
The broker facilitates both residents and NRIs through call & trade services wherein people can call the Angel One customer service desk, tell their trade requirements, and accordingly, the representative will place buy and sell orders. It must be noted that call & trade service is not at all free and charged at Rs. 20 per order.
NRIs clients facing any difficulty to open an online account or online trading in various products, they can connect with the broker through the following ways:
S. No. | Angel One helpline desk | Number |
---|---|---|
1. | Angel One NRI customer care number | 022-33551111/022-42185454 |
2. | Angel One NRI customer care Email | [email protected] |
Yes, Angel One stock broking firm facilitates NRIs to open a trading cum Demat account. To open an Angel One NRI Demat account, NRI first has to open an NRE or NRO bank account. NRI account in Angel One facilitates online trading in shares and equity futures & options. NRI customers can also access Angel One research reports and invest in PMS.
NRIs can open an NRI 2-in-1 (Trading + Demat) account with Angel One online or offline. The full-service broker has two types of NRI trading accounts; PIS and Non-PIS accounts.
NRI PIS Account: PIS account facilitates NRI customers to invest in the shares (Equity segment) only and all transactions are reported to RBI.
NRI Non-PIS Account: This type of account enables NRI clients to invest in equity, IPO, mutual funds, etc. on a non-repatriation basis.
Ways to open Angel One NRI Demat account
Last Updated on 2024-02-05