Angel Broking Review, Brokerage Charges, Demat Account & Flat Rates

Angel Broking is one of the leading full service broking houses in India.

Lets have a detailed Angel Broking Review & get good understanding of Angel Broking Demat Account, Angel Broking Brokerage Charges, Angel Trading Platforms & other important features.

Angel iTrade Plan

Angel Broking Customer Ratings & Review

Customer Ratings
Experience9.0 / 10
Trading Platform8.6 / 10
Product & Services8.8 / 10
Brokerage Charges9.5 / 10
Research8.5 / 10
Overall Rating8.88 / 10
Star Rating★★★★★
Custumer Reviews3486


About Angel Broking

Company TypePrivate
Broker TypeFull Service Broker
HeadquartersMumbai, India
FounderDinesh Thakkar
Established Year1987

Angel Broking Pvt Ltd is one of the leading broking houses in India and has been in the business since 1987. 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.

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 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 has also achieved several distinctive milestones in its history, including many accolades and honors from major stock exchanges like NSE and BSE.

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Angel Broking Brokerage Charges (Latest Plan)

Brokerage Charge & FeesUpto Rs.50,000 Order SizeRs.50,000+ Order Size
Equity Delivery TradingRs.15 per orderRs.30 per order
Equity Intraday TradingRs.15 per orderRs.30 per order
Commodity Options TradingRs.15 per orderRs.30 per order
Equity Futures TradingRs.15 per orderRs.30 per order
Equity Options TradingRs.15 per orderRs.30 per order
Currency Futures TradingRs.15 per orderRs.30 per order
Currency Options TradingRs.15 per orderRs.30 per order
Minimum BrokerageRs.15Rs.15
Demat AMC ChargesFree or Rs.300Free or Rs.300
Trading AMC ChargesFreeFree
Margin MoneyRs.10,000 MinimumRs.10,000 Minimum

Angel Broking has come up with flat rate plans called as Angel i-Trade Plan with Rs.15 flat brokerage per order for order size upto Rs.50000 and only Rs.30 flat brokerage per order for order size above Rs.50000.

Angel iTrade Plan is applicable for all segments from April 2019 onwards. If you have any query then you can clear your doubts by connecting to Angel Broking Representative immediately and avail the offer.

Angel iTrade Flat-rate-brokerage-728x90

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Angel Broking Old Brokerage Charges (Older Charges)

Angel Broking has revoked all types of of premium plans which they were providing before. The below brokerage charges are not applicable now (with effect from April 2019).

Now only flat rates of Rs 15 and Rs 30 is applicable. To encourage intraday trading, Angel Broking is also providing higher exposure or limits to the traders than before.

Check out the article below for Latest Exposure Rates.

Equity Delivery Trading0.1% – 0.4%
Equity Intraday Trading0.01% – 0.04%
Commodity Options Trading0.01% – 0.04%
Equity Futures Trading0.01% – 0.04%
Equity Options TradingRs.16 per Lot
Currency Futures Trading0.01% – 0.04%
Currency Options TradingRs.30 per Lot
Minimum BrokeragePercentage of Transaction
Demat AMC ChargesFree or 300 per Annum
Trading AMC ChargesFree
Margin MoneyMinimum 10,000

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 Brokerage Plans

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 –

  1. Angel Classic : Margin Amount Rs.10,000 – 24,999
  2. Angel Preferred : Margin Amount Rs.25,000 – 49,999
  3. Angel-Premier : Margin Amount Rs.50,000 – Rs.99,999
  4. Angel Elite : Margin Amount Rs. 1 Lakh & more

Angel Classic & Angel Preffered 

SegmentAngel ClassicAngel Preffered
Equity Delivery0.32%0.40%0.224%0.280%
Equity Intraday or Futures0.032%0.040%0.0224%0.0280%
Nifty OptionsRs.40 (per Lot)Rs.50 (per lot)Rs.32 (per lot)Rs.40 (per lot)
Other OptionsRs.80 (per lot)Rs.100 (per lot)Rs.64 (per lot)Rs.80 (per lot)
Currency OptionsRs.6.4 (per lot)Rs.8 (per lot)Rs.5.6 (per lot)Rs.7 (per lot)
Currency Futures0.160%0.020%0.0112%0.0114%
Commodity DeliveryNA0.30%NA0.30%
Commodity Futures or Intraday0.0184%0.023%0.0152%0.019%

Angel Premier & Angel Elite

SegmentAngel PremierAngel Elite
Equity Delivery0.176%0.220%0.128%0.160%
Equity Intraday or Futures0.0176%0.0220%0.0128%0.0160%
Nifty OptionsRs.24 (per Lot)Rs.30 (per lot)Rs.16 (per lot)Rs.20 (per lot)
Other OptionsRs.48 (per lot)Rs.60 (per lot)Rs.32 (per lot)Rs.40 (per lot)
Currency OptionsRs.4.8 (per lot)Rs.6 (per lot)Rs.3.2 (per lot)Rs.4 (per lot)
Currency Futures0.0088%0.011%0.008%0.010%
Commodity DeliveryNA0.30%NA0.30%
Commodity Futures or Intraday0.012%0.015%0.0088%0.011%

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Angel Broking Charges

Apart from Brokerage charges there are few other charges applied for stock market investment, but these are very minimal charges.

Transaction Charges0.00325% of Total Turnover
STT0.0126% of Total Turnover
SEBI Turnover Charges0.0002% of Total Turnover
Stamp DutyDepends on State (very minimal)
GST18% of (Brokerage + Transaction Charges)

These charges are very small in amount and doesn’t affect return on investment.

Angel Broking Demat Account Opening Fees

Depository SourceCDSL
Account Opening ChargesZero
Demat AMC ChargesFree or 300 per Annum
Trading AMC ChargesFree
Margin MoneyMinimum 10,000
Offline to OnlineYes

Angel Broking Demat Account charge is Free. The broking house don’t charge any account opening fees. The AMC is also free for 1st year depending upon the Margin deposited by the client.

For Rs.25,000 & more margin, the AMC is free & for less than Rs.25,000 margin Rs.300 AMC is charged. The Minimum Margin amoung required s Rs.10,000.

The full service broker has CDSL as depository participant & their trading account AMC is absolutely free.

Angel Broking Offers

Free Demat AccountYes
Free Trading AccountYes
Discount on BrokerageYes
Trading Happy HoursNo
Flexible Brokerage PlansYes
1 Month Brokerage FreeNo
Holiday OffersYes
Referral OffersYes
Zero Brokerage for Loss Making TradesNo

List of Angel Broking Offers:

  • Lifetime Free Demat Account
  • Flat rates @ Rs 15 and Rs 30
  • Free AMC Demat Account
  • Free Trading Account
  • Unlimited Brokerage cashback
  • Start Trading in 1 hour
  • 48x Margin Funding
  • Open Demat Account in 5 minutes

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.

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ZerodhaAnand RathiBMA Wealth CreatorsGeojit Finance

How to open Demat Account with Angel Broking?

  • Fill up the Lead Form – Click here
  • Sales team will receive the lead & give a call to prospect immediately
  • Appointment will be fixed as per prospects availability
  • Sales person will visit the prospect
  • Prospect will have to provide few information & documents like Aadhaar Details, PAN Details, Account Opening Fees & POA
  • Account will be activated within 1 working day

This Entire process takes 1 day to complete.

Angel Broking also offers Do it Yourself account opening process where the client can open an account in just 5 minutes. This is currently open to only referral clients.

Get a Call Back from Angel Broking

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  1. Open Demat Account

Why Open Angel Broking Trading Account?

  • Offers Flexible brokerage plan for all type of Investors
  • Offers Demat account absolutely free
  • Superfast Trading platforms for all Devices & Browsers
  • Allows investment in all asset classes like Equity, Commodity, Currency & others
  • Very Strong Research & Advisory Team
  • Has Launched a world class Robo Advisory Platform called ARQ
  • Great Feedback & Complaint solving team

Angel Broking Products & Services

List of products & services provided by angle broking to its clients

Angel Broking Products:

Equity TradingYes
Commodity TradingYes
Currency TradingYes
Mutual FundsYes

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.

List of Products offered by Angel Broking

  • Equity Trading
  • Derivatives
  • Commodity
  • Currency
  • Mutual Funds as Distributor
  • Insurance as Distributor

The Broking house 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.

Find detailed review of  Opening Demat Account  via Angel Broking

Angel Broking Services:

Demat ServicesYes
Trading ServicesYes
3 in 1 AcountNo
Intraday ServicesYes
IPO ServicesYes
Stock RecommendationsYes
Robo AdvisoryYes
Trading InstitutionNo
Trading ExposureUpto 48 X

The Full Service Broker provides a wide range of services

  • Demat Account
  • Trading Account
  • Intraday Trading
  • Advisory Services
  • 24*7 Customer Support
  • Depository Service
  • PMS
  • Portfolio Health Score
  • ARQ – AI powered Robo Advisory
  • NRI Services
  • Loan against Shares

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 Research, Advisory & Stock Tips

Check this table for entire details related to Angel broking Stock Tips, Research & Recommendations.

Fundamental ReportsYes
Research ReportsYes
Company ReportsYes
Annual ReportsYes
Company Stock ReviewYes
Free Stock TipsYes
IPO ReportsYes
Top PicksYes
Daily Market ReviewYes
Monthly ReportsYes
Weekly ReportsYes
Offline AdvisoryYes
Relationship ManagerYes

The Full Service Broking house provides all types of reports, research, trading tips to their clients on daily basis. They are well known for their superb Research team. Their tips are known to be one of the best in the market.

They have also launched a Robo Advisory Platform know an ARQ.

Angel Broking ARQ

Angel Broking ARQ has been positioned as an AI (Artificial intelligence) based robo advisory platform which provides stock tips & mutual fund tips based on future potential of the stocks instead of past performance.

As per Angel Broking press release & clients feedback ARQ performance for last year has beaten stock market index by 30% & has given 40% return to the client base who has invested via ARQ.

ARQ’s algo is based on Nobel Prize winning Modern Portfolio Theory. It seems the broking house is promoting ARQ very aggressively for high adoption & has seen a very decent adoption rate for the same.

IPO Investment with Angel Broking

  • Open Demat Account with Angel Broking – Fill this Form
  • Fill the physical IPO form of the company or you can fill the form online
  • Client can apply upto Rs.15,000 worth IPO
  • Company raising IPO will roll out the shares post application finalization
  • If the IPO is over subscribed, Lottery will be done for Share Offering
  • IF the IPO is not fully subscribed, Everyone who has applied gets the IPO

Angel Broking Exposure or Leverage

The broking company provides upto 40x exposure to their clients. Exposure varies on various parameters

  • Clients Holdings (Trader client or high value client gets high exposure)
  • Clients History (old client gets high leverage)
  • Type of investment (Equity, Derivatives, Currency, Commodity)
  • Company Scrip (High networth company has high exposure scrip)
Equity DeliveryApprox 8X for majority of the stocks
Equity Intraday48 X exposure for approved stocks
Futures Delivery20 X for Index and 10x for stock
Futures intraday60 X for selected contracts
Options DeliveryPremium levied by the exchange
Options intraday6 x for Option buy and 60X for option sell for selected contracts

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Angel Broking Trading Platforms

Angel Broking provides wide range of trading platform for across devices & browser, let check these trading platforms.

Here is the list of their Features:

Desktop Platform – WindowsYes
Desktop Platform – MacYes
Desktop Browser PlatformYes
Mobile Site PlatformNo
Android App PlatformYes
iOS App PlatformYes
Windows App PlatformNo
Other Mobile OS PlatformNo
Real time UpdatesYes
Portfolio DetailsYes
Online MF BuyYes
News FlashYes
Research ReportsYes
Easy InstallationYes
Global IndicesYes
Stock TipsYes
Personalized AdvisoryYes
Interactive ChartsYes
Live MarketsYes
SMS AlertsYes
Email AlertsYes
Multi Account ManagementYes

Angel Broking App Review: Mobile App based Trading Platform

A 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. It provides access to reports and ledgers without any difficulty.

Angel Eye or Angel Trade Review: Web based Trading Platform

This is a browser based platform which allows users to manage portfolios, trade quickly and stay updated about all the movements in the markets.

Angel Speedpro Review: Desktop based Trading Terminal

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.

Mobile Web based Trading Platform: Angel Swift

A JAVA based platform which can be used on any smartphone, tablets, ipad etc.

Mobile Browser based Trading Platform: Angel Lite

This is a browser based platform and is specifically made for slow GPRS connections. This can be used without downloading and/or installing.

Angel Broking Customer Support

Here is the list of support this broking company provides to their client

Dedicated DealerYes
Offline TradingNo
Online TradingYes
24*7 SupportYes
Support Number022-28358800
Email SupportYes
Chat SupportNo
Toll Free NumberNo

Angel Broking Complaints & Feedback

Find the list of total complaints lodged & resolved at both the exchanges.

Lodged in BSE128
Resolved in BSE128
Lodged in NSE196
Resolved in NSE196

Angel Broking’s Feedback team seems to be very proactive as they resolve all the client complaints & feedback within 48 hours.

Angel Broking Advantages & Disadvantages

Here are the list of pros & cons of Angel Broking


  • Great offers
  • Strong advisory services via ARQ
  • Smart trading platforms
  • With Pan India presence
  • Offline/online transaction facility
  • Latest MF news alerts
  • It helps investors to make forays into the derivatives market


  • Prescribes minimum brokerage charges
  • Does not provide any brokerage calculator

Angel Broking Branch Set-up

Andhra Pradesh – Chittoor, Hyderabad, Kakinada, Medak, Nellore, Rajahmundhry, Vijaywada, Vishakhapatnam, Warangal
Bihar – Patna
Chhattisgarh – Bilaspur, Raipur
Delhi NCR – New Delhi, Faridabad, Gurgaon, Noida
Gujarat – Ahmedabad, Amreli, Anand, Baroda, Bharuch, Bhavnagar, Deesa, Gandhidham, Gandhinagar, Gondal, Himatnagar, Jamnagar, Junagadh, Mehsana, Nadiad, Palanpur, Patan, Porbandar, Rajkot, Surat, Vapi
Haryana – Ambala, Hisar
Jharkhand – Jamshedpur
Kerala – Cochin, Kottayam, Thrissur, Trivandrum
Madhya Pradesh – Bhopal, Chattarpur, Gwalior, Indore, Rewa
Maharashtra – Ahmednagar, Amravati, Aurangabad, Jalgaon, Kolhapur, Mumbai, Nagpur, Nasik, Pune
Orissa – Bhubaneswar
Punjab – Amritsar, Chandigarh, Jalandhar, Ludhiana, Patiala
Rajasthan – Ajmer, Beawar, Bikaner, Jaipur, Jodhpur, Kota, Udaipur
Tamil Nadu – Chennai, Coimbatore, Erode, Madurai, Salem, Trichy
Uttar Pradesh – Agra, Allahabad, Bareilly, Dehradun, Ghaziabad, Kanpur, Lucknow, Meerut, Sonebhadra, Varanasi
West Bengal – Asansol, Durgapur, Kolkata

Angel Broking Conclusion

With more than 1.1 million client base, Angel Broking is one of the largest non banking full service broker in the country. The broking house is always one of the 1st choice of any type of investor.

Their flexible brokerage plan attracts both traders & long term investors. They have a very good offline presence & very strong feedback 7 support team. The trading company is very innovative in launching new things like ARQ, Portfolio Score & others.

Angel Broking is now providing flat rates for trading, so it is better to invest through Angel Broking to avail all kinds of investment services rather than trading with any discount broker which has very limited services.

They are very fast at adopting any new things & also moving very fast in all kind of digital innovation.

Note* – We suggest to open demat account with angel broking without any hassle as they are known to be one of the best in the industry. 

Get a Call Back from Angel Broking

Fill Your Details Here
  1. Open Demat Account

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2 thoughts on “Angel Broking Review, Brokerage Charges, Demat Account & Flat Rates

  • August 29, 2018 at 17:57

    i want to invest by buying shares for facebook and microsoft.tell me how

    • August 31, 2018 at 09:11

      You can do it via few Indian Brokers. You have to open overseas trading account. This account is generally provided ICICI Securities, Kotak Securities, IIFL, Reliance Securities & Religare Securities. Please provide your details so that we can connect you with these brokers.


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