About Angel Broking
Angel Broking Pvt Ltd is one of the leading broking houses in India. It has been in the business since 1987. Here is a full review of the broking house, its products and services as well as its offers and services to customers. Angel Broking Pvt. Ltd was incorporated in the year 1987. Ever since then, it has gone to become one of the leading broking houses in the country. It is dedicated to a retail stock trading model. It provides modern and useful trading platforms as well as expert advisory services to its customer base. After the establishment of the company in 1987, it further expanded in other cities across the nation. The Angel Group is also officially a member of the Bombay Stock Exchange, National Stock Exchange and two commodity exchanges- the NCDEX and MCX. It is also registered as a Depository participant with CDSL. As a broking house, it has more than 27 years of expertise in share and commodity markets. The Angel Group comprises Mutual Funds, Commodities, Life Insurance, Institutional Equities and Angel Fincap. Angel Broking also has a nation-wide presence in 1000 cities. It has a strong network of 8500+ sub-brokers and more than 1 million clients. Its main offerings include Equity Trading, Commodities, Portfolio Management Services, Mutual Funds, Life Insurance, IPO, Depository Services and Investment Advisory. It also provides Wealth Management and Ebroking facilities. As a firm, Angel Broking Pvt Ltd has prized best value for money through innovative products, up-to-date technology and trading strategies as well as personalized services and assistance. It also holds firm emphasis on ethical practices and transparency. Angel Broking Pvt Ltd has also achieved several distinctive milestones in its history, including many accolades and honours from major stock exchanges like NSE and BSE.
Angel Broking Brokerage and Fees
The brokerage for Angel Broking Pvt Ltd depends upon the amount that one deposits in the trading account. To benefit from reduced brokerage slabs, one can begin by depositing a higher initial margin amount. As it happens, higher the margin deposit, the lesser will be the brokerage charged on the investments. There are different schemes for the investors to choose from. According to these schemes, the margin amount requirements will change and so will the brokerage rates applicable to each scheme.
ANGEL BROKING FEES
The Angel Classic scheme offers investors a margin requirement for Rs. 10,000 to Rs. 24,999. It comes with an AMC of Rs. 450 per annum. The Angel Preferred Scheme has a margin requirement of Rs. 25000 to Rs. 49,999 with no AMC for 1 year and the same charge of Rs. 450 applicable thereafter. The Angel Premier scheme has a margin requirement of Rs. 50,000 to Rs. 99,999 and the Angel Elite Scheme has a margin requirement of Rs 100000 and above.
Angel Broking Brokerage Charges
Brokerage Charges in Angel Broking varies with different plans. These plans are dependent on the Margin Amount a client is paying. Angel Broking offers 4 different brokerage plans for 4 different margin segments. Let us go through these plans one by one –
- Angel Classic : Margin Amount Rs.10,000 – 24,999
- Angel Preferred : Margin Amount Rs.25,000 – 49,999
- Angel-Premier : Margin Amount Rs.50,000 – Rs.99,999
- Angel Elite : Margin Amount Rs. 1 Lakh & more
|Segment||Angel Classic||Angel Preffered|
|Equity Intraday or Futures||0.032%||0.040%||0.0224%||0.0280%|
|Nifty Options||Rs.40 (per Lot)||Rs.50 (per lot)||Rs.32 (per lot)||Rs.40 (per lot)|
|Other Options||Rs.80 (per lot)||Rs.100 (per lot)||Rs.64 (per lot)||Rs.80 (per lot)|
|Currency Options||Rs.6.4 (per lot)||Rs.8 (per lot)||Rs.5.6 (per lot)||Rs.7 (per lot)|
|Commodity Futures or Intraday||0.0184%||0.023%||0.0152%||0.019%|
|Segment||Angel Premier||Angel Elite|
|Equity Intraday or Futures||0.0176%||0.0220%||0.0128%||0.0160%|
|Nifty Options||Rs.24 (per Lot)||Rs.30 (per lot)||Rs.16 (per lot)||Rs.20 (per lot)|
|Other Options||Rs.48 (per lot)||Rs.60 (per lot)||Rs.32 (per lot)||Rs.40 (per lot)|
|Currency Options||Rs.4.8 (per lot)||Rs.6 (per lot)||Rs.3.2 (per lot)||Rs.4 (per lot)|
|Commodity Futures or Intraday||0.012%||0.015%||0.0088%||0.011%|
Angel Broking Offers
One of the key offers by Angel Broking Pvt Ltd is that of the Free Lifetime Demat Account. This applies to any of the above schemes as per which there will be no opening charges for opening a Demat Account. There will also be no AMC charges for the first year. This is what makes the offer of Free Lifetime Demat such an attractive proposition for investors. One of the new offers is that of 20% discount on brokerage rates. This is applicable when one is making use of the online trading platforms and services. Investors also get a chance to trade up to 40 times of their initial margin amount. Expert advice is also provided by the company’s research team. The ARQ team will also provide solid and reliable predictions, thus assisting investors to invest in the best stocks. The digital KYC facility also allows new prospects to start trading within 1 hour.
Angel Broking Products & Services
Angel Broking Products:
One of the mainstays among the products of Angel Broking is Equities Trading. The broking house will provide guidance and trading solutions which will assist investors in making well-informed decisions regarding investments in the markets. The investors get the opportunity to trade online, get quality research reports, advisory services and personalized customer support. Angel Broking also provides facilities for derivative trading. With Pan India presence, offline/online transaction facility and latest MF news alerts, it helps investors to make forays into the derivatives market. Angel Broking also provides with an interface that allows other investors to dabble in commodity derivatives as well. It is also now expanding into currencies trading and it also provides an assortment of insurance products- term plans, endowment plans, Money-back plans, Children Life Insurance plans and so on. These products have affordable premium with maximum life cover. There are also tailor-made plans which will accordingly suit different sets of personal needs and requirements. The personalized customer support further makes things more attractive for the investors.
Angel Broking Services:
Angel Broking provides Portfolio Management Services to HNIs for their investment decisions. Investors will be suitably assisted in creating diverse and stragetic portfolios consisting of a number of varied securities like equity shares, bonds, fixed deposits and so on. Angel Broking will provided dedicated fund management as well as personalized customer support. There are also flexible payment terms that will be suitable for all investors. The online access to the portfolio will further bring ease and versatility for investors. The primary service of the broking house is to provide the service of a Demat Account. The Demat Account from Angel Broking is a technology-enabled Demat and Trading account. There will also be technical assistance and expert advice in the form of in-depth research reports for the customers. Depository services include risk-free and prompt services for the customers for depository and trading. There are certain cast-iron benefits like lack of risk and loss, reduced paper-work and efficient settlement process which will help in increasing your liquidity. Customers also get the chance to receive Intraday Trading tips and suggestions which will help you buy and sell stocks on the same day. There are also Investment Advisory services and services for NRIs as well.
Angel Broking Trading Platforms
As of now, there are three main trading platforms by Angel Broking. The Angel Broking App is a new mobile app that allows customers to trade in stocks on the go. Available on both Google Play Store and App Store, this app provides multiple indexes with real-time prices as well as streaming market news alerts and intraday charts. The users can also trade across all segments with great ease. They can also access their reports and ledgers without any difficulty. The other platform is Angel Eye, which allows users to manage portfolios, trade quickly and stay updated about all the movements in the markets. This is a browser-based platform. Finally, there is the Angel Speedpro. This is an application-based trading platform that allows users to access extensive 30 days intraday and 20 years historical data for advanced-level analysis that will help in better investment decisions in the future. It also gives the user a lot of efficient access to the portfolio and enables the same to manage investments easily. Find Review of Other Full Service Brokers here