Angel Broking: Trading & Demat Account, Reviews, Charges: 2024

In this post, you'll know about Angel Broking Trading and Demat Account Opening and Brokerage Charges. You can also have a sneak peak into the Angel Broking apps and important features.

Angel Broking: An Overview

Angel Broking is a leading stock broking and wealth management firm. The company was founded in 1987 and has grown over the years as a leading Financial Investment service provider in India. Angel Broking serves more than 1 million customers with its presence in 900+ cities with 8500+ strong network of sub-brokers.

So, let's begin with the wide range of products and services that Angel Broking offers you.

Angel Broking: Product and Services Offered

  • Equity
  • Initial Public Offering (IPO)
  • Commodity Trading
  • Currency Trading
  • Derivatives
  • Life Insurance
  • Mutual Funds
  • Portfolio Management Service (PMS)
  • Depository Services
  • Investment Advisory
  • Offline to Online conversion
  • Intraday Trading

It provides the iTrade Prime (Flat fee) Trading Plan which has Free Equity Delivery and Rs. 20 per order for Intraday, F&O, Commodity and Currency trading.

Angel Broking Account: Pros and Cons

Pros:

  • Daily, weekly and monthly research reports and strategies for the market.
  • Wide range of platforms from App to browser based terminal to operate from.
  • All types of major financial services provided under one roof.
  • Access to all major equity, commodity exchanges and to all market segment.
  • Offers investment education program through educational videos.

Cons:

  • High initial margin requirement for opening and operating an account.
  • Doesn't offer three-in-one account for its customer.
  • Fund transfer to bank account directly not available.

Angel Broking ARQ

The investment advisory tool is offered on Android and IOS devices with various features like live market, mutual funds, portfolio check, market watch up to 21 charts, personalized advisory and global market updates.

Angel Broking's powerful ARQ tool for investment is automated investment engine that takes emotional bias out of investing that helps in maximizing the performance of equities and mutual funds. It uses big data and analytical tools for formulating strategy and fututre potential of equity stocks.

This service is available through Angel Eye or Angel Broking App. ARQ recommendation has outperformed Sensex 92% of the time in the past 6 years.

Angel Broking Trading Platforms

1. Angel Broking Mobile Trading App:

An android and iOS based application, powered by ARQ technology that supports to trade using a smartphone. You get personalised adviosry services and access to latest market trends.

2. Angel Broking Trade (Website):

It is browser based web trading platform, helps the investor to trade efficiently from different terminals

3. Angel Speed Pro: A powerful trading terminal for the desktop which hosts many different features like Advance Charts with 30-day intraday charts and 20-year historical data, Live News, and Research and technical reports to help traders take a fast & informed decision.

Key Features of ARQ App are:

  • Expert Insights
  • Machine Learning
  • Cognitive Algorithms

Angel Broking has established itself as a most preferred financial service provider amongst investors. Its low-cost brokerage plans for different user profile and investment advisory role for the investors helps investors in wealth creation.

Moreover, it offers a wide range of advanced trading platforms is an edge over other trading platforms. Though initial margin amount required for investment and trading is high which may affect the small investors.

Angel Broking Account Opening Process

One can open his/her account through online and offline mode.

Angel Broking provides the facility of opening an account within 1 hour of registration through its website. Through digital KYC procedure, there is no need for long paperwork and can enjoy the benefits in shortest possible time.

One can visit the nearest official branch of Angel Broking network to open an account. There you will be assisted by an experienced professional in the opening of an account.

List of Documents required: 1. You require 2 Photographs for self 2. One photograph for the nominee 3. Xerox self-attested copy of PAN card 4. Xerox self-attested copy of

Angel Broking Account Opening Charges: 2024

ChargeAmount
Demat Account Opening Charges₹0
Trading Acc Opening Charges₹600 (One-time)
Trading Account AMC₹0
Demat Account AMC₹450 (from 2nd year onwards)

Angel Broking Account Brokerage Charges: 2024

Angel Broking :iTrade Prime Brokerage Charges

ChargeAmount
Plan NameiTrade Prime
Equity Delivery₹0
Equity IntradayFlat ₹20 per executed order
Equity FuturesFlat ₹20 per executed order
Equity OptionsFlat ₹20 per executed order
Currency FuturesFlat ₹20 per executed order
Currency OptionsFlat ₹20 per executed order
Commodity OptionsFlat ₹20 per executed order
Mutual Fund

Angel Broking Currency Trading

Angel broking provides currency trading options with the brokerage fee of 20 rupees per order executed. Currency trading can be executed through its trading tools available online via their website, software and mobile application.

Angel broking happens to be a full-service stock broker that offers a broad array of investment

Angel Broking Commodity Trading

Angel broking does provide trading in the commodity segment through the MCX and NCDEX. To trade in such an account, users will have to open a commodity trading account. The charges are quite reasonable where it has a flat charge of 15 rupees.

Angel broking is a premier stockbroker in

Angel Broking Trading Platforms/Products Offered

Effectively trading in the stock market requires the assistance of brokers/traders. These brokers are either individual or a part of a company and offer trading software either for web, computers or mobile phones and Though there is an extensive catalogue of trading software’s to use in the market, we are

The 21st century has seen a radical change in the technology sector. The same has been reflected upon the way the stock market is working as of now. Mobile devices have become the center of technological innovation with “trading on the go” being popularized. Angel broking has an extensive array

Ask your questions here

Frequently Asked Questions or FAQs

Head to the stock broker's i.e. Angel Broking official website and get the “account details modification request form.” Fill it in and attach the cancelled cheque, copy of the PAN card from your previous bank account. Send the application form and the documents to its designated address for the change in a bank account.

Delivery is nothing but the holding of equity in a company for a longer period of time to have maximum gains for the shares at hand.

The process to close a demat and trading account with Angel Broking stock broker is quite simple. Follow few easy steps, submit the account closure form and you will be done with the requirements.

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.