Angel Broking Review

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angel broking review

Angel Broking has emerged as one of the top 10 retail Stock broking companies in India.

Incorporated in 1987, They have a presence in Pan India with 9000+ outlets including 8500+ Sub – brokers serving 10,00,000+ customers across 1000+ cities.

Angel Broking has memberships on NSE, BSE and the two leading commodity exchanges in India i.e. NCDEX & MCX.

Angel is registered as a depository participant with CDSL (Central Depository Services Ltd.).

In present Angel Broking has 10,00,000+ happy customers.

Angel broking house offers various financial services to their valued customers:

  • Trade-In: BSE and NSE
  • Ebroking
  • Currency Trading
  • Commodities Trading
  • Investment Advisory
  • Loan Against Shares
  • Wealth Management Services
  • Portfolio Management Services

Account Opening Fee & AMC of Angel Broking

Trading Account Opening Fee₹0
Trading Account AMC₹0
Demat Account Opening Fee₹0
Demat Account AMC ₹300 or Free
Lifetime Free AMC Demat AccountOne Time Charge of ₹ 2500

Angel Broking Brokerage: Till March 2019 Angel broking was taking percentage based brokerage with respect to the volume of the trading. There was no flat rate brokerage In Angel broking.

But due to competition with the discount brokers like Zerodha & Ustox from 1st April, 2019 Angel broking introduced Angel iTrade which is flat rate brokerage plan like discount brokers.

This plan offers investors to trade in all segments ( Equity, F&O, Currency, and Commodities) at Flat ₹20 per trade except equity delivery which is free for all investors.

Brokerage Of Angel Broking 2020

Equity Delivery ₹0 /trade
Equity Intraday₹20/trade
Equity Futures ₹20/trade
Equity Options ₹20/trade
Currency Futures & Options ₹20/trade
Commoditiy Futures & Options ₹20/trade

Other Charges: Apart from brokerage every stock brokers charge other charges like Securities Transaction Tax (STT), Exchange transaction charge, State-wise stamp duty, SEBI Turnover Charges, Goods and Services Tax (GST), etc.

Angel Broking Other Charges

Exchange Transaction Charge0.00325% of Total Turnover
Securities Transaction Tax (STT)0.0126% of Total Turnover
SEBI Turnover Charges0.0002% of Total Turnover
State-wise stamp dutyDepends upon Investor’s State
Goods and Services Tax (GST)18% of (Brokerage + Transaction Charge)

Trading Platform of Angel Broking

Angel Broking has three trading platforms for trading online web-base, Desktop Software & Mobile application.

  • Angel Trade: This is a web-based platform where you can invest in equities, initial public offerings (IPOs), currencies, commodities, mutual funds, and bonds in one place.
  • Angel Speed Pro:
  • Angel Broking Mobile Trading App:

17 thoughts on “Angel Broking Review”

  1. Ya nice one… online trading is also in trend now a days … I know some of the companies which are really working hard for online trading .

    • one of the best companies in on line & offline broking is mastertrust.nearly 26 years old company working in more then 21 states & over 250 cities with over 1500 subbroker network

  2. The best broker in India without any doubt is Angel Broking. I have been using their services for the last 3 years and has recommended to my family & friends.

  3. Hello
    I need to open a demate account with Angel Broking is it suitable to go with them or please help me in this.


  4. Yes, I am interested in opening a Demat account with Angel Broking. I have heard a lot from my friends about Angel broking. Pls suggest how I can do that.


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