Angel Broking Limited is a full-service retail broker providing its services in the Indian subcontinent. There are basically five ways you can trade through Angel Broking that have been discussed here.
Established in the year 1987, Angel Broking Limited is a full-service stock broker offering products and services in the India. Mainly, the broker provides brokerage and advisory services, provides margin funding, advisory on mutual funds and Portfolio Management Services.
Moreover, the broker also provides loans against such shares purchased, through another one of its subsidiary, Angel Fincap Private Limited. The broker, being a member of BSE, NSE, MSEI, NCDEX & MCX, is also a Depository Participant with CDSL, through which it also offers demat account and other such depository services.
The company is especially popular among traders and investors for its technologically integrated platforms, strong research and advisory services, despite flat fee brokerage plans. Angel Broking is one of the few full-service stock brokers that do so. Moreover, to compete with discount stock brokers, Angel Broking started offering the 'Angel iTrade PRIME Plan', which is a flat brokerage fee plan under which the company charges a brokerage fee of ₹20 across all segments except Equity Delivery. There are no charges for equity in delivery based transactions.
Being a full-service stock broker, Angel Broking focuses on research services. The research team conducts thorough technical and even fundamental research, which is published in a range of reports on stocks, companies, IPOs and markets.
There are basically five ways you can trade through Angel Broking.
Angel SpeedPro is their offered desktop trading application, which kind of provides a terminal-like an experience to traders. The broker’s customers can download this application for usage in personal computers and laptops, and simply connect to the internet and trade. The broker with its desktop trading application offers a range of advanced and essential features to analyse and trade all of the segments offered.
Their web based trading platform is called the Angel Broking Trade. In it, they offer a ton of features to manage and divest your portfolio, identify and grab opportunities with access to the latest and frequently updated research information, providing a rather quick trading experience.
The company’s mobile based application is simply called Angel Broking app, and is available on all major provider’s application stores. The application is powered by ARQ, a data-driven recommendation engine, that kind of uses latest machine learning tools and cognitive algorithms and expert insights to recommend suitable mutual funds and stocks.
While this is not one of the platforms, ARQ is one of the major tools that the brokerage provides. Angel ARQ, a rule-based investment engine that helps in personalized investments across stocks and mutual funds. It is programmed in a way that it provides the best asset allocation advice after understanding your risk preferences.
Finally, Angel Broking also offers the old school call & trade services where you, the customer can simply place orders over the phone. Each customer is said to be allocated a dedicated dealer for their needs, and the the name and number of the specific dealer are included in the welcome kit sent at the time of account opening. The customer can simply call and ask the dealer to place an order, which is charged at a flat brokerage of Rs. 20.
If you're looking for a straightforward and comprehensive take on options trading, then Sensibull should do the job perfectly. However, if you're and expert and want more complex trading tools, then Opstra is the one to choose.
When talking about the best stock broker in India, we cannot rule out Zerodha. It is the market leader in bargain stockbroking, is premised in Bengaluru, and accounts for more than 15% of total retail trading activity in the country. Mr. Nitin Kamath formed the leading brokerage firm in 2010 Kamath, and it now has a customer base of over 6 million.
Yes, now you can easily invest in stocks through the Groww App. It is a popular discount stock broker firm in India who recently expanded its services to the the stock broking arena. It allows traders to invest online without any subscription fees, transaction charges or any other charges.
Yes, the Indian discount broker is backed by Mr. Ratan Naval Tata. He held a 1.33% stake in RKSV Securities (popularly knows as Upstox) at the beginning of the year 2019. RKSV in RKVS Securities stands for the initials of the names of founders (RK for Ravi and Raghu Kumar, and SV for Shrinivas Viswanath).
Angel Broking and Paytm Money both these platforms are popular among traders. But if you are a beginner or if you want to switch to a new trading platform and you are considering choosing one of these two, and then you came to the right place.
As online trading is getting popular every day, it is becoming even more important to choose the right trading platform. Choosing the best trading platform can give you more flexibility to trade in the various trading market.
Discount brokers have gained a lot of popularity in the past couple of years. Zerodha is currently India's largest and most trusted discount broker which is also the best option for beginners. It has all the necessary qualities required for a good broker like low commissions, low-maintenance charges, high-quality trading terminal, etc.
Although everything the Stock broker offers is fantastic, there are a few downfalls of using Groww. These include the exception of trading in the commodity segment, doesn’t have a savings account in 2-in1 accounts that it offers, popular financial tools such as cover orders bracket order aren’t available, and more.
You might have read about different stock brokers in India. Here I'll review two of the most popular discount brokers in India: 5Paisa v/s Zerodha Comparison.
Making money off the stock market is no easy feat. It would help if you had a calculated investment while reading the stock market and ensuring that you have all the metrics checked out for making a sensible investment.