Angel Broking Review

Angel Broking Track Record Of Best Online Stock Broker In India


Company Rating


Cities Covered

20 Lacs+

Orders Per Day

2.5L Crore+

Daily Turnover

2.15 Million

Our Client Base


Mobile App Rating


Angel Broking Account Opening Enquiry



Angel Broking Limited (formerly known as Angel Broking Private Limited) is a discount stock broker of India established in 1987. It has largest number of active clients on NSE as in June 30, 2020. Hence, it became the largest full-service retail broker of India with reference to active clients. Apart from this, it has 21+ lakhs of registered clients. Angel Broking limited is a reputed member of NSE, BSE, NCDEX and MCX.
The company has regularly improved their client services with advanced technology as they launched their mobile application in year 2011, KYC validation in year 2015 and complete client services digitally in year 2016.

Features of Angel Broking:
• It provides free equity delivery trades for lifetime.
• It charges Rs.20 per order for Intraday, F&O, currencies and commodities.
• No Annual Maintenance Charge (AMC) charged in the first year.
• The list of latest best stocks is provided so that they can select the best one before investing.
• IPO reports are provided including all of their fundamental analysis and research to help you select the best IPO to apply.
• Daily basis information is provided with upcoming events and stocks indicators.
• Material provided to learn about investment and strategies in easy language.
• Free short videos are provided to learn trading and investing.
• Online trading platforms for trading.

Perks of Opening an account with the Angel Broking
The Angel Broking provides customers the provision to trade with a minimum of Zero in their account, which is the minimum margin the customers are required to keep in this account to trade with Angel Broking. To avail the loan against the shares that customer holds in their demat account, a huge leverage is provided to them so that they can trade with ease.
Angel Broking has extensive research reports that customers receive with their Account. An advisory team by the company is always present in order to assist the customers in their trading and investment decisions. The reports are available on daily, weekly and monthly basis.
The Research and advisory services are free of cost and are within the brokerage you pay which is also low. It provides services that include portfolio management services, which are availed at the time of opening demat account with Angel Broking.
Apart from that, there are several other trading facilities across all the investment segment like equity, derivatives, currencies, commodities and much more. It offers trading platforms across all the devices.
Angel Broking also provides a mobile trading application that offers all kind of trading solutions to their customers. The customers can trade with this application even when they are travelling and not in front of the computer i.e., they can trade anytime and anywhere with the help of this mobile apps.

Account Opening Charges at Angel Broking:

The Account opening and Annual maintenance charges for Angel Broking are:

Account Opening Charge


Annual Maintenance Charge (AMC)

Rs. 450 + Taxes


Note – AMC is applicable from second year onwards.
Recent Awards and Recognition:
• In Nov 2019 – Best Performing retail member by NSE.
• In Aug 2019 – Top 100 Franchise in India in the year 2019 by Franchise India.
• In Jun 2019 – Digital First Organization of the year by Tefla.
• In Jun 2019 – Best Marketing Campaign of the year by Tefla.
• In May 2019 – India`s 20 Best Workplaces (BFSI-2019).
• In Mar 2019 – NetApp Innovation Awards 2019 as a “Trendsetter”.

Frequently asked question

Angel broking has an offline presence in around 10,000 offices across the different parts of India. Thus, from industry experience it is among the safest brokers.
You will receive your DP statements on a quarterly basis.
Yes, you can buy the trading software directly from BSE. We at Angel broking don’t recommend doing so as the software is very costly (Approx 15 lac) and it allows trading only on BSE.
No, since the password is only with you no one can do trade using your mobile phone. We keep the password in encrypted formats so that no one can sell your shares apart from you. It is advised to keep your password safe with you.
No, you don’t need a demat account to trade in currencies.
The minimum brokerage amount that is charged as per the agreed brokerage slab is Rs. 30. If you are unable to generate a brokerage of Rs.30 on any provided trading day, then you will be levied with an additional brokerage up to Rs.30 or 2.5%, whichever is lower in a particular segment.
No, we don’t have any fixed brokerage option.
The withdrawal amount will get deposited in your bank account within 30 minutes.
No amount is charged for closing the account.
Angel Broking provides the exposure of 2 times the margin amount.
Yes, you need to pay brokerage even if you are in loss.
No, currently the BTST service is not available with Angel Broking.
Yes, you can block funds for an IPO. The client is required to submit the signed ASBA application form that is pre-filled with the application details. There is no need to provide cheque. The funds would be blocked in the bank account that is mentioned in the form and the funds will get released if the shares remain unallotted.
Yes, you can trade now on Rs.15 brokerage per order depending on the size of the order.
The cash back gets credited as the prepaid brokerage to your account and is valid for the period of 6 months from the date of your account is activated.
It is a facility with which you can easily transfer funds to your bank.
To place a margin order, follow the steps mentioned below: 1. Login with your Angel broking account using the Mobile app. 2. Search the scrip using buy or sell on the Menu or select the scrip in the MW. 3. You will see a buy order pad as you click on the search result, navigate from the menu and select the scrip from MW. 4. On the order pad select the product type as Margin. 5. Confirm the order by adding other details and your order will be placed.
Yes, you need to have money in your trading account before placing an order.
Yes, you will receive an online confirmation of orders and trades. The status of any order gets updated on a real-time basis in the Order Book. As you place your order they are immediately validated by the system and then sent to the exchange for execution. The entire process is completely automatic and there are no manual interventions. You will also receive an email that will confirm the order placed by you at the end of the trading day. The digitally signed contract notes will also be sent through e-mail for the orders that are executed during the trading day.
Generally you need an amount of Rs.20,000 to trade commodity contracts. But it depends on what contract you buy.
Yes, the customers need to have money in their trading account before placing any order. On the other hand, if you have some sold shares, then the sale proceeds can be used to buy the shares you want.
It is a standardized forward contract which can be easily be traded between parties other than the two initial parties to the contract.
The branches of Angel broking are well-spread across the different parts of India. It has a wide network of 11,500 sub-brokers and franchises in tier 1, tier 2 and tier 3 cities and towns of the country. Its broad network is among the top propositions to its clients.
It is a lending facility where the clients can avail the loans to trade in shares (Cash Segment of BSE and NSE) against the margin amount. The investor pays only an agreed margin of the total value of shares bought and the remaining is funded by the firm.
Margin Funding is beneficial to the investors who trades on delivery basis and holds the investment. As per the Exchange guideline, debit is not allowed in broking beyond T+7 to take high exposure.
A futures contract is simply a standardized forward contract that can be easily traded between parties other than the two initial parties of the contract.
You can start with any amount that you are comfortable with, but we at Angel broking recommend our customers to start with the substantial amount of Rs. 25,000.

Angel Broking Reviews