Angel One Overview:
Incorporated in 1987, Angel One (Angel One) is one of India’s largest full-service retail brokers offering online discount brokerage services. The company provides a comprehensive range of investment and trading services, including stock and commodity broking, investment advisory services, margin funding, loans against shares, and financial products distribution. Angel One has a strong neighborhood presence with a vast network of branches, trading terminals, and authorized persons, serving millions of customers across the country.
| Category | Details |
|---|---|
| Incorporation Year | 1987 |
| Services | Stock and commodity broking, investment advisory, margin funding, loans against shares, financial products distribution |
| Presence | 110 branches, 11,000 trading terminals, 18,000+ authorized persons in 1800+ cities |
| Registered Users | Over 1 crore |
| App Downloads | Over 1 crore |
| Trading App | Unified trading app for all securities |
Angel One Brokerage Plans
Brokerage Plans:
Angel One revamped its brokerage plans in November 2019 to stay competitive with discount stock brokers like Zerodha. The company introduced the ‘Angel iTrade PRIME’ plan, which offers flat-rate brokerage across various segments. This plan ensures cost-effective trading with a simple, transparent pricing structure.
| Plan | Description |
|---|---|
| Angel iTrade PRIME | Flat rate brokerage plan: Rs 20 per trade (Intraday, F&O, Currencies & Commodities), Free Equity Delivery |
| Call & Trade Charges | Additional Rs 20 per trade |
Angel One Brokerage Charges
Brokerage Charges:
Angel One’s ‘Angel iTrade PRIME’ plan features flat fee brokerage across all trading segments, ensuring low-cost trading for users. The brokerage charges are straightforward, with a nominal fee per trade and free equity delivery trades.
| Segment | Brokerage |
|---|---|
| Equity Delivery | Flat Rs 0 (Free) |
| Equity Intraday | Flat Rs 20 or 0.25% (whichever is lower) |
| Equity F&O | Flat Rs 20 or 0.25% (whichever is lower) |
| Currency F&O | Flat Rs 20 or 0.25% (whichever is lower) |
| Commodity F&O | Flat Rs 20 or 0.25% (whichever is lower) |
Angel One Margin Exposure
Margin Exposure:
Angel One provides margin trading facilities across various segments, offering leverage to enhance trading capacity. The margin requirements and leverage vary depending on the type of trade, providing flexibility for different trading strategies.
| Segment | Margin | Leverage |
|---|---|---|
| Equity Delivery | 100% of trade value for T+5 days | 1x |
| Equity Intraday | Up to 20% of trade value | 5x |
| F&O (Equity, Currency, Commodities) | 100% of NRML margin (Span + Exposure + Delivery margin) | 1x |
Angel One Trading Platforms
Trading Platforms:
Angel One offers a variety of trading platforms to cater to different trading needs, including mobile, web-based, and desktop applications. These platforms are designed to provide a seamless trading experience with real-time updates and comprehensive market access.
| Platform | Description |
|---|---|
| Angel One App | Mobile app for Android and iOS; trades in Equity, mutual funds, US Stocks, Commodities, etc. |
| Angel One Trade | Browser-based trading platform; automatic rate updates |
| Angel SpeedPro | Desktop app; single-window trading experience, trade monitoring capabilities |
Angel One Ratings
Ratings:
Angel One has received various ratings based on customer reviews and service quality. These ratings reflect the overall performance, fees, brokerage, usability, customer service, and research capabilities of the brokerage.
| Category | Rating |
|---|---|
| Overall Rating | 2.7 stars (2.7/5) |
| Fees | 3.0 stars (3.0/5) |
| Brokerage | 3.0 stars (3.0/5) |
| Usability | 3.0 stars (3.0/5) |
| Customer Service | 2.6 stars (2.6/5) |
| Research Capabilities | 2.6 stars (2.6/5) |
Angel One Customer Complaints
Customer Complaints:
The number of customer complaints received by Angel One over various financial years provides insight into the quality and reliability of its services. This data helps potential clients understand the broker’s track record in handling customer issues.
| Exchange | Financial Year | Number of Clients | Complaints | % |
|---|---|---|---|---|
| NSE | 2024-25 | 6,302,598 | 157 | 0% |
| NSE | 2023-24 | 6,302,598 | 1203 | 0.02% |
| BSE | 2023-24 | 2,397,336 | 212 | 0.01% |
| NSE | 2022-23 | 4,281,951 | 746 | 0.02% |
| BSE | 2022-23 | 1,155,508 | 64 | 0.01% |
| NSE | 2021-22 | 3,657,550 | 1302 | 0.04% |
| BSE | 2021-22 | 909,986 | 100 | 0.01% |
| NSE | 2020-21 | 1,564,667 | 1501 | 0.1% |
| BSE | 2020-21 | 193,313 | 26 | 0.01% |
| NSE | 2019-20 | 576,414 | 400 | 0.07% |
Angel One Special Offers
Special Offers:
Angel One provides special offers to attract new customers and retain existing ones. These offers include brokerage-free equity delivery trades, flat rates for intraday and F&O trades, and free advisory tips, enhancing the value proposition for traders and investors.
| Offer | Description |
|---|---|
| Discount Brokerage Plan | Brokerage free equity delivery trades, flat Rs 20 intraday and F&O trade brokerage, free tips, high-quality research reports, personalized services |
Angel One Account Opening
Account Opening:
Opening an account with Angel One is a simple and quick process. Prospective clients can open an instant account online and start trading within minutes, making it convenient for new investors to get started.
| Action | Description |
|---|---|
| Online Account Opening | Click here to open an instant account online and start investing in just a few minutes |
Angel ARQ
Angel ARQ:
Angel ARQ is Angel One’s flagship investment advisory tool. This rule-based investment engine provides investment recommendations for equity stocks and mutual funds, utilizing advanced technologies such as machine learning and cognitive algorithms to offer personalized investment advice.
| Feature | Description |
|---|---|
| Angel ARQ | Rule-based investment engine suggesting investment ideas for Equity Stocks and Mutual Funds |
| Technologies Used | Expert Insights, Machine Learning, Cognitive Algorithms, Teraflops of processing power |
| Integration | Integrated into Angel One trading software |
| Fees | No fees or minimum investment commitments |
Angel One Pros and Cons
Pros and Cons:
Understanding the advantages and disadvantages of Angel One helps potential clients make informed decisions. The pros highlight the benefits of trading with Angel One, while the cons shed light on areas where the broker may fall short.
| Pros | Cons |
|---|---|
| Full-service brokerage services at ultra-low brokerage fees | Margin funding given without notice, causing confusion and hefty interest charges |
| Flat fee stockbroker charging Rs 20 per order across segments and exchanges | No trading in SME share |
| Brokerage free equity delivery trades | RM and sales team tries to cross-sell other products and services |
| Training and hand-holding available for beginners | GTC/GTT order facility not available |
| Margin trading facility and securities as collateral available | No 3-in-1 account offered |
| No charge for NEFT/fund transfers | |
| Only Rs 20 for intraday square-off and call & trade | |
| Free advisory/tips for stocks and mutual funds | |
| Local sub-broker/RM services even at discount brokerage | |
| Facility to call RM if there are issues (others have busy lines) |