Angel One
Angel One
Discount Broker

About Broker

Angel One is a full-service brokerage firm in India, providing a comprehensive range of investment and trading services at competitive rates similar to discount brokers. As of February 2024, Angel One boasts an active client base of 5,983,067.

Product Basket

The segments in which you can invest (includes Equity, Commodity, Currency, Futures, and Options) through this broker.

EquityCommodityCurrencyFuturesOptions

Brokerage Plan

1 or more plans offered by this broker, which outlines, Account opening and maintenance fees charged by this broker, Brokerage charges and Margins provided. Use plan switcher to see the difference in offerings, if multiple plans are available.

Charges

Account Opening

Free

Account Maintenance

₹240

Call Trade

₹20

Brokerage

Equity Delivery

Zero

Equity Intraday

0.03% up to Rs 20

Equity Futures

0.25% up to Rs 20

Equity Options

₹20 per order

Currency Futures

0.25%

Currency Options

₹20

Commodity Futures

0.25%

Commodity Options

₹20

Margins

Equity Delivery

1x As per exchange

Equity Intraday

4x As per exchange

Equity Futures

4x As per exchange

Equity Options

3x/4x As per exchange

Currency Futures

4x As per exchange

Currency Options

3x/4x As per exchange

Commodity Futures

4x As per exchange

Commodity Options

0x As per exchange

Platforms Offered

Set of software & applications offered by the broker for executing buy and sell orders online. These are names of their portals and mobile apps, for full desc- Full Platform Details.

Angel Speed ProAngel One TradeAngel One AppAngel ARQ

Other Details

Pros

Advantages and Strengths of this broker.

  • Delivers full-service brokerage solutions at affordable rates.
  • Levies a fixed brokerage charge of just ₹20 across all segments.
  • Offers complimentary insights through ARQ, the robo-advisory application.
  • Provides free investment guidance for mutual funds and stocks.
  • Includes an option to invest in corporate bonds.

Cons

Disadvantages of this broker that it needs to improve upon.

  • The 3-in-1 account facility is not provided.
  • GTC and GTT features are unavailable.
  • Broker-assisted trades (call and trade) incur a charge of ₹20 per completed transaction.
  • User reviews highlight persistent cross-selling efforts by Angel One’s relationship managers to promote additional products.

Additional Features

Extra features provided by the broker at little or no extra cost, like research reports, SMS alerts, etc.

3-in-1 AccountComplimentary Trading CallsFree Market ResearchSMS NotificationsMargin Funding FacilityMargin Against Securities

Additional Features

Extra features provided by the broker at little or no extra cost, like research reports, SMS alerts, etc.

Mutual FundsIPO ServicesDebt BondsETFs (Exchange-Traded Funds)Insurance Services