Angelone Review 2024: Charges, Margin, Demat Account & Apps
Angel One is an online platform that provides stock broking and online trading services in India. The platform offers various tools and expert insights that help investors achieve their financial goals. With zero commission on mutual fund investments and SIPs, investors can enjoy the compounding returns of these investment options at no additional cost. The platform also offers access to well-researched portfolios and 24/7 order placement for stocks, bonds, and other assets.
Built by experts, Angel One is meticulously designed for serious traders seeking power, precision, and profitability. The platform offers real-time charting powered by advanced indicators, multi-chart layouts, and direct trading from charts for swifter trades. Additionally, the platform provides easy calculation of brokerage and margin for users.
With a legacy of committed excellence, Angel One has been serving over 1.75 crore happy customers for more than 25 years. The platform has more than 20,000 authorized persons and 4.4 crore app downloads. With zero brokerage on stock investments, investors can enjoy greater benefits and support from the platform.
This Angelone review delves deeper into Angel One’s offerings, dissecting its key features and benefits to help you decide if it’s the right platform for your investment journey.
Angel One Broking – Open Free Demat Account
AngelOne Review: Brokerage Charges
A single trading plan is available from AngelOne called Angel iTrade Prime. A trading plan offering full-service brokerage includes very low brokerage charges, similar to those offered by discount stock brokers in India.
More about Angel iTrade PRIME Plan
A new brokerage offering flat fee pricing and premium brokerage services, Angel iTrade launched in April 2019. No hidden charges are associated with this plan except for the additional Rs 20 call and trade charges.
Comparing this plan to full-service brokers such as Sharekhan, ICICI Direct, etc., you can save a significant amount on brokerage fees and taxes.
| Segments | Brokerage Charges |
|---|---|
| Equity Delivery | Flat Rs 0 per trade |
| Equity Intraday | Flat Rs 20/trade |
| Equity F&O | Flat Rs 20 per executed order |
| Currency F&O | Flat Rs 20 per executed order |
| Commodity F&O | Flat Rs 20 per executed order |
2. Customers have free access to trading software.
3. All customers have access to free research and advisory services.
4. A call & trade fee of Rs 20 is charged for each trade.
5. Angel has ceased offering all other brokerage plans, including percentage-based plans, as of April 2019
Account Opening
How to open a demat account with Angel One
Account opening with Angel Broking is FREE and it is a 100% paperless process. To open a demat account with Angel One, investors can visit their website or download the Angel Broking app. The platform offers a paperless account opening process where users can upload their KYC documents and complete their account opening process within a few minutes. Investors can also choose to visit an Angel One branch to complete the account opening process. Following are the documents that are required for opening an account.
- Proof of Identity Documents(Any One)
- Pancard
- Passport
- Voter ID
- Driving License
- Proof of Address Documents (Any One)
- Passport
- Voter ID
- Registered Lease or Sale Agreement
- Driving License
- Utility Bills
- Bank Passbook
Click here to open an account with Angel Broking and start investing in the stock market in just a few minutes.
Angel One Annual Maintenance Charges
In Angel One, the yearly account maintenance charge (AMC) for non-NRIs cannot exceed Rs. 100 plus GST. For NRIs, the maximum annual AMC is Rs. 450.
Angel Broking Trading Platforms
Angel One, an online trading and stockbroking platform in India, provides investors with industry-leading tools and expert insights to achieve their financial goals. Its 24/7 order placement feature allows investors to buy and sell stocks, bonds, and other assets at any time. Real-time charting, multi-chart layouts, direct trading from charts, and other features make for a smooth investing experience. Angel One offers broking services through various web, mobile, and desktop platforms. All these trading platforms are available for free to all customers.
For traders who demand precision and profitability, Angel One’s charting tools provide a seamless experience. The real-time charting feature is powered by advanced indicators and allows for direct trading from charts, making decision-making faster and more efficient. Customizable multi-chart layouts provide traders with additional flexibility and allow for easier monitoring of multiple assets.
Angel Broking Trade Web Trading Platform
With Angel Brokings’s web trading platform, you can meet all of your investment needs. Keep up with the latest trends, manage your portfolio, and trade efficiently with trade.angelbroking.com.
Experience an integrated trading experience. The platform allows you to invest in equities, commodities, currencies, bond funds, mutual funds, and initial public offerings (IPOs).
Chart tools and additional customized features
The Angel Broking website offers several chart types that provide insights into market trends. It is possible to customize these charts according to your preferences and needs. Just adjust the indicators and filters to get what you’re looking for. Plan your future actions based on these charts. New orders can be created directly on the charts. You’re just a click away from making the right investment.
Angel Broking Mobile Trading Platform
Angel Broking app gives you access to the market & offers forward-looking advice, powered by ARQ – a hi-tech auto advisory engine. The smarter trading platform makes online trading Simple, Speedy and secure, while ARQ helps you stay invested in the best-performing stocks and mutual funds 365 days a year.
To help beat the market, the app will also send you alerts so you can rebalance your portfolio as well as in-depth market analysis and advanced charting. The Angel Broking mobile app’s innovative features, like multi-list stock tracking, auto-updates, and real-time fund transfers, allow users to trade on the go and instantly with 100% convenience.
Angel One Desktop Trading Platform – SpeedPro/Trade NXT
Do you trade on your computer? With Angel Broking, it’s easier than ever. You can open a Demat account with Angel Broking, download the Angel Broking stock market desktop app, and begin trading. With Angel SpeedPro, all your trading needs are met in a single, integrated platform.
With SpeedPro, you can perform trades in one window from a single screen, plus monitor changes in your positions.
Features:
- Real-time rate update: If you are trading on our stock market desktop app, you will not miss any chance of making a good investment. The market is at your fingertips as we offer you a live stream of rates so you can trade in an instant.
- Portfolio: Monitor all your investments at once with our stocks desktop app Angel SpeedPro. View scrip-wise buy price, day’s gain, and loss, and overall profit and loss of your investments with a simple click.
- Online trading: With Angel SpeedPro, you can invest in mutual funds online and redeem them easily. This desktop app for the stock market is your one-stop destination for all mutual fund investments.
- Integrated news flash and reports: Don’t miss an opportunity to make more money. Our desktop app for the stock market gives you integrated news flash and reports. Analyze these reports to make an informed investment.
- Easy installation: Just download the .exe file for the Angel SpeedPro app onto your desktop. Run the stocks desktop app and get started with trading instantly.
- Live market watch: You can watch and update live market data in Excel format. Get charts on the latest trends. Tweak charts according to your indicators. Take instant decisions on trading.
Angel ARQ Prime?
Angel ARQ Prime is the flagship investment advisory tool of Angel Broking. Essentially, it is a rule-based investment engine (robot) that recommends investment ideas to customers. Stocks and mutual funds are among the types of investments recommended by ARQ. Using technological innovations such as Expert Insights, Machine Learning, Cognitive Algorithms, and Teraflops of processing power, provides insightful information.
ARQ Prime recommends stocks for investment based on a set of rules – free from human intervention or human bias, in the world of investing – it is called “Smart Beta”
ARQ Prime adopts time-tested and proven rules for investing in stocks. ARQ scans all types of stocks to pick Winners: Value stocks, Quality stocks, High Momentum stocks, and Growth stocks.
The trading software provided by Angel is integrated with ARQ. Investing through it is like having a personal fund manager. In essence, ARQ is a tool for advising. Neither a fee nor a minimum investment commitment is required to use ARQ. Angel Broking offers this service for as low as Rs. 50 per year and clients can choose to follow it or not.
Angel Broking’s Smart API
In recent years, algorithmic trading has become increasingly popular with retail investors. A service called “Smart API” was created by Angel Broking to fulfil this need. An API (Application Programming Interface) accesses different functions which are exposed through the API host.
A SmartAPI is essentially a suite of functions that can be called to facilitate algorithmic trading. Angel Broking’s Smart API exposes the most important features of its trading engine.
The Smart API serves retail investors who were never exposed to Algo trading or startups that are interested in building a feature-rich trading platform. Thanks to Angel Broking’s easy-to-understand and detailed documentation, everyone can use Smart API. Additionally, if you are still unsure, Angel Broking’s always-active forum is here to help you out.
Here is a breakdown of the Smart API functionality that you can access using it. Getting trades executed was a no-brainer for a name like Smart API, right? Next, we’ll look at the features that will help you make your trades smarter and faster.
There are many features available, such as live market data streaming, historical data retrieval allowing for backtesting, user portfolio management, and so much more. This is all neatly packaged into Smart API’s libraries for whatever language you choose.
Its primary strength lies in its ability to deliver structured, comprehensive data to you – via JSON, that is – making data retrieval and manipulation seamless.
With Smart API’s Node JS library, you can develop cutting-edge trading applications over the web without sacrificing user experience. Using smart API you can open up your trading platform to over 1 million clients of Angel Broking, without having to worry about getting broker licenses. Angel Broking takes care of much of the legal work while you focus on developing features and implementing unique strategies.
The Smart API is free, and you can register for it right now. Create a Demat account with Angel Broking today to get started with Smart API.
Legacy of Committed Excellence
Angel One’s history and reputation for serving over 1.75 crore happy customers
Angel One has been in the online trading and stock broking industry for over 25 years. During this time, the company has grown tremendously, serving over 1.75 crore registered users and counting. Angel One prides itself on its commitment to excellence and has a reputation for excellent customer service, ensuring its clients are happy and satisfied with their experience.
Trustworthiness and reliability as a trading platform
Angel One is a trustworthy and reliable online trading platform, with over 20,000 authorized people and 4.4 crore app downloads. The platform provides an array of services, including portfolio advisory, zero commission on mutual fund investments/SIPs, and seamless investing experience. With its user-friendly interface, and valuable insights and tools, Angel One enables investors to make informed investment decisions effortlessly.
AngelOne Review: Conclusion
Angel One stands out as a user-friendly platform that caters to both beginners and experienced investors. With its comprehensive features, transparent pricing, and dedication to customer service, Angel One is a strong contender for your investment needs. Whether you’re seeking insightful tools, competitive rates, or a trusted platform, Angel One offers a compelling package to empower your investment journey.
