Angel Broking Review

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.

Angel Broking Brokerage Charges

Trading InstrumentBrokerage Charges
Equity Delivery TradingRs 0 per trade
Equity Intraday TradingRs 20 per trade
Commodity Options TradingRs 20 per trade
Equity Futures TradingRs 20 per trade
Equity Options TradingRs 20 per trade
Currency Futures TradingRs 20 per trade
Currency Options TradingRs 20 per trade
Minimum BrokerageRs 20 per trade

Angel Broking Other Charges (Non-Brokerage)

DepositoryCDSL
Account Opening ChargesZero
Demat Account AMCFree or 300 per Annum
Trading Account AMCFree
Margin MoneyMinimum 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

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 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
DeliveryUp to 8X
IntradayUp to 48X
Equity FuturesUp to 10X
Equity OptionsUp to 10X
Currency FuturesUp to 5X
Currency OptionsUp to 7X
CommoditiesUp 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:

  1. You have to visit the official Angel broking account opening page.
  2. Then you have to register your name, email address, mobile number, and city.
  3. Fill your address and PAN number, Mother name, etc.
  4. Then fill your bank details, like account number and IFSC.
  5. Upload the necessary documents and your signature.
  6. Now you have e-sign using Aadhar number (The mobile number should be registered with Aadhar)
  7. 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)
  • Signature
  • Photo
  • E-Aadhar

Angel Broking Advantages And Disadvantages

Pros.Cons.
  • Low brokerage charge of Rs 20 despite full-time broker services
  • Good easy to use mobile and web  trading platform
  • Advance charting facility
  • Very high margin facility
  • No 3 in 1 account available with angel broking
  • Higher call and trade charge of Rs 20 per trade
  •  Not very good customer support and service

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