Angel Broking Demat & Trading Account Review 2020
Angel Broking is one of the biggest full-service stock brokers in India, that provides a discount broking model. The company also offers a very wide range of investment and trading services like stocks, currencies and commodities trading, advisory service, margin funding facility, loans against shares (LAS), and financial product distribution like insurances and mutual funds.
The company was founded in 1987, making it one of the oldest players in the market. Angel broking is famous for its trading platform and research advisory service. It is also the first full-service broker operating in the discount broking model with Angel I Trade Prime.
Table of Contents
Angel Broking Brokerage Charges
|Trading Instrument||Brokerage Charges|
|Equity Delivery Trading||Rs 0 per trade|
|Equity Intraday Trading||Rs 20 per trade|
|Commodity Options Trading||Rs 20 per trade|
|Equity Futures Trading||Rs 20 per trade|
|Equity Options Trading||Rs 20 per trade|
|Currency Futures Trading||Rs 20 per trade|
|Currency Options Trading||Rs 20 per trade|
|Minimum Brokerage||Rs 20 per trade|
Angel Broking Other Charges (Non-Brokerage)
|Account Opening Charges||Zero|
|Demat Account AMC||Free or 300 per Annum|
|Trading Account AMC||Free|
|Margin Money||Minimum 10,000|
Angel Broking Trading Platforms And Tools
Angel broking provides mobile trading software, a web-based trading platform, and a desktop-based trading platform.
Angel Broking Mobile Trading Application
Angel broking mobile application is available for both Android and iOS devices, where you can buy and sell different stocks, currencies, and commodities. Using the application you can add funds and withdraw funds easily. The order placing and cancellation is quite easy and adding a script is also very easy in the application.
The application features advanced charting and universal script search as well as index watch lists to make trade easier. Overall it is a very good trading application by Angel Broking.
Angel Broking Trade (Web-Based Trading Platform)
Angel broking trade is easy to use the web-based trading platform by angel broking. The web-based platform provides a clean interface and advanced chart facility. You can add and withdraw funds from the platform easily and adding a script is quite easy.
The types of orders include normal and AMO (Aftermarket order) in delivery, margin, and intraday mode. The trading platform has a clean user interface and is quite fast to place different orders.
Angel Speed Pro
It is a desktop application that supports the Microsoft Windows operating system and the software is nest based. The trading platform includes all features and provides fast order execution time.
Angel Broking Margin
Angel broking provides very high margins and compared to other brokers it is very good for intraday and delivery trading.
|Angel Broking Margins In Different Segments|
|Delivery||Up to 8X|
|Intraday||Up to 48X|
|Equity Futures||Up to 10X|
|Equity Options||Up to 10X|
|Currency Futures||Up to 5X|
|Currency Options||Up to 7X|
|Commodities||Up to 10X|
How To Open A Angel Broking Trading And Demat Account Online
In order to open an Angel broking account you have to follow certain steps:
- You have to visit the official Angel broking account opening page.
- Then you have to register your name, email address, mobile number, and city.
- Fill your address and PAN number, Mother name, etc.
- Then fill your bank details, like account number and IFSC.
- Upload the necessary documents and your signature.
- Now you have e-sign using Aadhar number (The mobile number should be registered with Aadhar)
- After completion of the process, you will receive your client ID in your email and mobile number.
Required Documents To Open Angel broking Account
You need certain documents like:
- Aadhar card
- PAN Card
- Bank statement (6 months)
Angel Broking Advantages And Disadvantages