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
- 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 Account||One 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|
|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 Charge||0.00325% of Total Turnover|
|Securities Transaction Tax (STT)||0.0126% of Total Turnover|
|SEBI Turnover Charges||0.0002% of Total Turnover|
|State-wise stamp duty||Depends 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: