Angel One (Angel One) is a full-service retail broker in India that provides online discount brokerage services. Stock and commodity broking, investment advisory services, margin funding, loans against shares, and financial product distribution are among the services provided by the company.
As of 2022, Angel One has 110 branches, 11,000 trading terminals, and over 18,000 authorised personnel in 1800+ cities across India. The company has over a million registered users and app downloads. The stock broker provides a unified trading app that allows you to trade and invest in all securities from a single location.
Angel One revamped its brokerage plans in November 2019 to compete with discount stock brokers like Zerodha. Angel One now offers the ‘Angel iTrade PRIME’ flat-rate brokerage plan. This plan allows you to trade in all segments (Intraday, F&O, Currencies & Commodities) for a fixed Rs 20 per trade, with the exception of Equity Delivery, which has no charges and is available to all users for free. The same basic rate applies to all exchanges and segments.
Angel One is well-known for its high-quality trading software and investment advice. Angel is a well-known full-service broker that offers its clients discounted brokerage rates.
Angel One – Company Highlights
| Headquarters | Mumbai, Maharashtra, |
| Industry | Finance, Stock Exchange |
| Founders | Dinesh D. Thakkar |
| Founded | 8 August, 1996 |
| Registered client | 4,244,617 |
| Website | Angel one.com |
Angel One – Account Opening Charges
| Transaction | Charges |
| Account opening charges | Free |
| Amc charges | Rs 240 |
Angel One – Brokerage Charges
Angel The charges for opening a single trading and demat account are Rs 0 (free). Angel One charges a demat account AMC of Rs 240 per year. Angel Per debit transaction, there is a demat debit transaction fee of Rs 20 per ISIN (Rs 50 per ISIN for BSDA clients).
| ID | Transaction | Charges |
| 1 | Demat Account Opening Charges | Rs 0 (Free) |
| 2 | Transaction Charges (Buy) | |
| 3 | Transaction Charges (Sell) | Rs 20 per ISIN (Rs 50 per ISIN for BSDA Client) |
| 4 | Annual Maintenance Charges (AMC) | Rs 240 per year (Rs 20 per month) |
| 5 | Demat + Courier charges | Rs 50 per certificate |
| 6 | Remat | Rs 50 + Actual CDSL charges |
| 7 | Pledge Creation | Rs 20 per ISIN (Rs 50 per ISIN for BSDA Client) |
| 8 | Pledge Creation Confirmation | Nil |
| 9 | Pledge Invocation | Nil |
| 10 | Failed Transactions | Nil |
| 11 | Other Charges | Rs 25 per request for additional DIS |
Angel One – Advantages & disadvantage
The following are Angel One’s benefits.
Before opening an account with Angel One, you should read the benefits and drawbacks. Angel One pros and cons can help you determine if it is a good fit for your investment needs.
- Full-service brokerage services are offered at extremely low brokerage fees.
- A stockbroker with a flat fee of Rs 20 per order across all segments and exchanges. Broker free equity delivery transactions.
- Beginners can receive training and assistance.
- There is a margin trading facility as well as securities as collateral.
- Charge no fees for NEFT/fund transfers. (Others charge Rs 10 per item).
- Intraday square-off and call & trade are only Rs 20 (others charge Rs 50).
- Free stock and mutual fund advice and tips (others do not).
- Even at a discount brokerage, local sub-broker/RM services are available.
- The ability to contact RM if there are any problems (other popular brokers always have busy lines).
Angel One Disadvantages
- Customers receive margin funding without notice. This causes significant confusion and results in the customer paying exorbitant interest charges.
- Angel One does not provide SME share trading.
- Angel RM and his sales team make an effort to cross-sell other products and services.
- There is no GTC/GTT order facility.
- Does not provide a 3-in-1 account.
Angel One Complaint
| Exchange | Financial Year | Number of Clients* | Complaints** | % |
| NSE | 2022-23 | 4,281,951 | 746 | 0.02% |
| BSE | 2022-23 | 1,155,508 | 64 | 0.01% |
Additional information
| Offline no. brokerage / registered AP. | NA |
| Research & advisory services | Yes |
| Referral amount | Gift Vouchers |
| API charges | Free |
| Call & Trade charges | Rs. 20 + GST |
