Account opening Fee And Brokerage Of Angel Broking26 February 2011 by: SUJIT KUMAR
Angel Group has emerged as one of the top 3 retail broking houses in India. Incorporated in 1987, it has memberships on BSE, NSE and the two leading commodity exchanges in India i.e. NCDEX & MCX. Angel is also registered as a depository participant with CDSL.
Angel’s retail stock broking house offering a gamut of retail centric services.
Portfolio Management Services
Wealth Management Services
Trade In: BSE and NSE
Angel Trade provides 5 trading platforms, 3 are browser based & 2 are application based.
It is a browser based trading platform. The rates are updated on clicking the refresh button. This facility ensures it is not blocked by firewall. Thus it is useful for investor who needs to access information from places where firewall blocks such data.
It is a browser based trading platform. The rates are updated automatically. This platform is useful for investors & traders to access market from different terminals.
It is an application based trading platform where rates are updated automatically. All segments are available on a single screen. This is ideal platform for the daily traders.
It is an application based trading platform for mobile where rates are updated automatically. This is ideal for investors & traders who are inclined towards trading based on charts & technical tools.
Brokerage and fees:
Account opening fees:
Stock trading account + Demat account – Rs 500/-
Commodity trading – Rs 625/-
Cash Based: 0.50%
Day trading: 0.05%
There are 3 simple ways to open an account with Angel Broking.
Call at one of the below number and ask to open an account with them.
Phone No:(022) 4000 3633/35
Visit one of their nearest branch and you will find representative to help you out. Click here to find the branch closest to you.
Visit www.angelbroking.com and fill the open Account form.One of the representative contacts you shortly.
In all there cases Angel Broking representative contact you in 24 to 48 hours and tell you about the procedure to open an account.
Advantages of Angel Broking
User friendly browser-based/application based online trading platform.
Investor can buy up to 4-5 times the value in his account.
Trading account can be linked with popular 20 banks like HDFC Bank, ICICI Bank, UTI bank etc.
Trading is available in both BSE and NSE.
Disadvantages of Angel Broking
This way angel Broking is kind of behind with ICICIDirect where 3 accounts (Bank account, trading account and demat account) are connected so seamlessly that no manual interfere requires. In ICICIDirect, a trader gets the money back into his ICICI Bank account as soon as the trader settle down.
Useful links about Angel Broking