Angel Broking Stock Trading, Demat, Brokerage and Reviews 2020



Angel Broking Stock Trading, Demat, Brokerage and Reviews 2020


Angel Broking Account Opening Enquiry/Get a call Back

Incorporated in 1987, Angel Broking is one of the largest full-service retail brokers in India. The company offers a wide range of investment and trading services including stock and commodity broking, investment advisory services, margin funding, loans against shares, and financial products distribution.

Angel Broking is a strong neighbourhood presence with 110 branches and 11,000 sub-broker offices in 1800+ cities in India as of June 30, 2018..

In Nov 2019, Angel Broking revamped its brokerage plans to compete with the discount stock brokers like Zerodha. Angel Broking now offers flat rate brokerage plan 'Angel iTrade PRIME'. This plan offers to trade in all segments (Intraday, F&O, Currencies & Commodities) at fixed ₹20 per trade except Equity Delivery, for Equity Delivery there are no charges, it is provided for free to all users. The same simple rate is applicable across exchanges and segments.

Angel Broking is famous for its excellent trading software's and investment advisory. Angel is the first large-size full-service broker offering discount brokerage rates to its customer.

Angel ARQ

Angel ARQ is the company's flagship investment advisory tool. It is a rule-based investment engine (robot) suggesting investment idea to the customers. ARQ offers recommendations for Equity Stocks and Mutual Funds. It uses advanced technologies like Expert Insights, Machine Learning, Cognitive Algorithms and Teraflops of processing power.

ARQ is integrated into the trading software offered by Angel. It works as a personal fund manager for the investors. ARQ is just an advisory tool. It doesn't have any fees or minimum investment commitments. It is up to the customer to follow ARQ advice.


Angel Broking Charges 2020

Angel broking offers one simple trading plan 'Angel iTrade' plan. This online trading plan offers full-service brokerage services with very low brokerage charges which are in line with discount stock brokers in India.

Angel iTrade PRIME (Flat Fee Trading) Plan

Launched in April 2019, Angel iTrade offers premium brokerage services with simplified flat fee pricing. Except for additional ₹20 call & trade charges, this plan has no hidden charges.

This trading plan offers brokerage and tax saving of 60% to 90% in comparisons to other full-service brokers like Sharekhan, Geojit and ICICI Direct.

Segment

Brokerage

Equity Delivery

Flat ₹0 per trade

Equity Intraday

Flat ₹20/trade

Equity F&O

Flat ₹20 per executed order

Currency F&O

Flat ₹20 per executed order

Commodity F&O

Flat ₹20 per executed order

Note:

  • No minimum margin required for this plan.
  • Trading software's are free to all customers.
  • Research and advisory are free for all customers.
  • It's an online trading plan. Call & Trade is charged at additional ₹20 per trade.
  • As of April 2019, Angel has stopper offering all other brokerage plans including percentage based plans.

Angel Broking Trading Software

Angel Broking offers broking services through various web, mobile and installable exe platforms. All these trading platforms are available for free to all the customers.

  1. Angel Broking App (Mobile Trading App)

    It's Android and iOS based mobile application that allows to access markets and trade using smart phone. Trading can be done on Equity and Commodity Markets using this platform.

  2. Angel Broking Trade (Website)

    It is a browser based trading platform. The rates are updated automatically. This platform is useful for investors & traders to access market from different terminals.

  3. Angel SpeedPro (Trading Terminal)

    An application trading platform that provides automatic updates; makes the market accessible to investors from different terminals along with other features.

Angel Broking Pros and Cons


Angel Broking Pros (Advantages)

The following are the advantages of Angel Broking. You must read Angel Broking advantages and disadvantages before opening an account with Angel Broking. Angel Broking pros and cons help you find if it suits your investment needs.

  1. Full-service brokerage services are available at ultra-low brokerage fees.
  2. Flat fee stockbroker charging ₹20 per order across segments and exchanges.
  3. Free research and advisory. Comprehensive daily, weekly and specialized research reports from Expert.
  4. Free trading software (website, mobile, and trading terminal).
  5. Verity of investment options like Equity trading, F&O, Commodities, PMS, Mutual Funds, Insurances.
  6. Presence in 100's of cities across India.
  7. 30+ years of industry-leading experience in the brokerage business.
  8. Training and hand holding is available for beginners.

Angel Broking Margin / Exposure

Angel Broking leverage for intraday, delivery, options, currency and commodities.

Segment Margin
Equity Delivery Upto 3x with 24% interest per year
Equity Intraday Upto 10x
Equity Future Upto 4x
Equity Options 3x for shorting
Currency Future Upto 2x
Currency Options Upto 5x for shorting
Commodity Future 3x
Commodity Options

Angel Broking Ratings

Overall Rating Rated 2.8 stars 2.8/5
Fees Rated 3.1 stars 3.1/5
Brokerage Rated 3.0 stars 3.0/5
Usability Rated 3.2 stars 3.2/5
Customer Service Rated 2.7 stars 2.7/5
Research Capabilities Rated 2.8 stars 2.8/5

Based on 196 Votes by Angel Broking Customers

Do you trade with Angel Broking? Rate Angel Broking


Angel Broking Complaint

The number of Angel Broking customer complaint received by the exchanges. The Angel Broking consumer complaint report helps understanding the Angel Broking Ltd quality and relibility of service.

Exchange Financial Year Number of Clients* Complaints**
NSE 2020-21 680,090 283
NSE 2019-20 576,414 400
BSE 2019-20 192,599 54
NSE 2018-19 414,831 226
NSE 2017-18 363,663 356
BSE 2017-18 226,661 97
NSE 2016-17 230,194 328
BSE 2016-17 126,507 38
NSE 2015-16 170,808 279
BSE 2015-16 133,401 68