Angel One Demat Account – Opening Process, Charges, AMC & more
Angel One Demat Account is the most used Demat account especially when it comes to retail investors and traders.
Angel One is one of the biggest stock broking firms in the country. We all know and it has carved a niche for itself since its inception in the year 1987.
Angel One Trading Account provides one of the best brokerage charges which is unbelievable from such a large scale full-service broker.
In this article, we will discuss the various services provided by the brokerage firm when you open a Demat account with Angel One.
The article will cover various features of the Demat account. We will also discuss the process of opening the Demat account with Angel One.
The charges attached to the accounts which will include the account opening charges and the maintenance charges of the Angel One Trading Account.
Angel One Demat Account & Features
With Angel One Demat Account, you will get a broad range of products to invest and there are ample of services to assist you in your trading.
Being a full-service brokerage house, Angel One provides investment services that include everything that you can imagine and require.
It has trading and Demat facilities which are the basic services, apart from that, there are investment research and planning services, investment advisory services, you can take loans against the shares you have in your Demat account and many other financial services and products.
The firm has a huge network and presence over all parts of the country. It has more than eleven thousand sub-brokers registered under it and 110 branches across the country.
This is one of the full-service brokerage houses which gives competition to the discount brokers by providing flat brokerage rates across different segments of investment.
Features of the Angel One Demat Account
- One of the most important features that Angel One provides is Angel ARQ, which is the flagship product. It is an investment advisory tool which runs on rule-based model where you put information and based on the rules of investment it shows you the most viable options for investment.
- The brokerage charges of the firm is very low and flat charges are also there which is equivalent to the discount brokerage house charges.
- There is also minimum brokerage plan which is Rs.20 per Order for all segments but there is an offer going on where Delivery Trading is Free.
- You can save over 60% of the brokerage with Angel One. This is one of the few full-service broker with which you can save that much. Even after getting all the facilities of a full-service brokerage house.
Open Angel One Demat Account – Get Lifetime Free Delivery Brokerage
How to Open Angel One Demat Account?
There is a simple procedure to Open Angel One Demat Account and it starts from this page of the article only. All you need to do is to:
- Click on this button where it is mentioned “Open Demat Account”. A Pop-up form will appear, Fill up that pop-up form.
- After this, you will get a call from Angel One KYC Team, they will share an EKYC link with you.
- You now need to fill in details such as the Aadhaar Card number, PAN number and the date of birth.
- For the next set of details, you need to provide your bank details, such as the account number and the IFSC code.
- The next step is to upload documents. You need to upload the scan copies of the documents like PAN, AADHAAR & Cancelled Cheque.
- Now, you have to verify the documents are correct by signing a declaration, which can be done digitally via Aadhaar, and if you do not have it, you will need to do it in person.
- You will receive a call from Angel One executives once you are done with these two steps.
- They will verify your details and also will guide you about the rest of the procedure.
- After verification you will get Demat and trading account log in details in your registered mail id.
Then you can start using the accounts by downloading the trading platforms.
Angel One Demat Account Charges
|Angel One Demat Charges|
|Trading Charges [One Time]||Rs 0 (Free)|
|Trading AMC [Yearly]||Rs 0 (Free)|
|Demat Charges [One Time]||Rs 0 (Free)|
|Demat AMC [Yearly]||Rs 450|
|Margin Money||75% Margin|
Angel One Account Opening Charges is free which is a great perk provided for opening Demat account with Angel One, which is a full-service broker.
However, there is a yearly AMC, referred to as Angel One Demat Account Charges that you need to pay for holding an account with them.
For the trading account, you do not need to pay any other charges.
Angel One AMC or Annual Maintenance Charges
Angel One AMC is Rs.450 but you can make it free if you avail any other of their offers related to the maintenance fee which they roll out often.
There is no maintenance fee for the trading account as well.
Also, depending upon the margin you maintain in your account, you shall be entitled to a first year free AMC service.
Angel One Trading account
Angel One Trading Account gives you the provision to trade with a minimum of Zero in it, which is the minimum margin you are required to keep in this account for trading with Angel One.
It provides huge leverage and so can you can avail loan against the shares you have in your Demat account with which you can trade.
There are extensive research reports that you will get with Angel One Trading Account. An advisory team is always there to assist you in your trading and investment decisions.
There are daily, weekly and monthly reports. Research and advisory services are not chargeable, it is all within the brokerage you pay and that is also so low.
It provides services which include portfolio management services as well, which you can avail when you open Demat account with Angel One.
Apart from that, there are trading facilities across all the investment segment like equity, derivatives, currencies, commodities and many others. It offers trading platforms across all the devices.
You get Angel One App which is the mobile trading application that offers all kind of trading solution. You can trade with this application even when you are travelling and not in front of the computer.
Then there are Angel One Trade which is the browser-based trading platform and finally there is Angel SpeedPro which is the trading terminal.
This trading terminal is one of the most sought after trading terminal because of its wide range of features.
Angel One Demat Account – Conclusion
Angel One Demat Account offers a wide range of services and products for investment. We can conclude it after going through the whole features of the Demat and trading accounts.
It offers services of a full-service broker at the price of a discount brokerage house.
Angel One Demat Account FAQs
Here are the list of FAQs on Angel One Demat Account –
Ques – How can I open Angel One Demat Account?
Answer – The process to open an Angel One demat account is pretty simple. You need to click on the button of “open Demat Account” and then follow the form filling process. When redirected to EKYC, you need to fulfil all the formalities and provide copies of necessary documents in order open an account.
Ques – Is Angel One Demat Free?
Answer – You need the assistance of a demat and trading account to active trade in stock market. Both the accounts have specific charges, i.e. account opening and AMC. You are provided demat and trading account free of opening charge, but you need to pay demat AMC of Rs.450 per annum. Upon certain circumstances stock broker even waives it off.
Ques – What is Angel One Demat Charges?
Answer – The demat account opening charges are free, but the AMC is Rs.450 per annum, which can also be waived off upon certain circumstance. If you choose this stock broker to commence stock market investment, you have to avail a demat account and pay all the charges, as it lets you place trade orders and store shares.
Ques – Is AMC levied on Angel One Demat?
Answer – Yes, an AMC or Account Maintenance Charge is levied on the demat account along with account opening charges. However, this stock broker does not keep the charges fixed. This means, the AMC you need to pay is Rs.450 or the company may as well decide to charge nil amount in certain cases.
Ques – Is Angel One’s Demat Account best?
Answer – Yes, this company is one of the top market players in present times and provided full service broker services at the rate of discount broker. They offer bundle of features, via all their online platforms. They have great hold of technology and the structure they follow is tailor made to suit majority audience.
Ques – Does Angel One provide Demat a/c?
Answer – Yes, demat account is part of this stock broker’s list of products and services. They are known to provide one of the best demat account services to their clients, and have one of the largest customer base. They offer unique demat account services, which suits the need of all their client appropriately.
Ques – What Documents are required for Angel’s Demat?
Answer – Documents which prove the individual’s identity are required. The stock broker asks for the basic set of documents such as Aadhaar card, PAN card, passport size photo graph and bank details. You need to submit the soft copies of all the documents including a cancelled cheque.
Ques – Is Aadhaar Compulsory to Open Angel One Demat?
Answer – Yes, you need an Aadhaar card to open an Angel One Demat account as it serves as the proof of your identity. Also, the stock broker might ask you to digitally sign the EKYC form at the end, which can only be done via Aadhaar card, making it an essential document.
Ques – Is PAN required for Opening Angel One Account?
Answer – Yes, you also need a PAN card to open an Angel One Demat account alongside an Aadhaar card which go alongside the process of verification. KYC is must and a mandatory process, and PAN is included among the documents that have to be submitted along with the process.
Ques – Do they Charge Demat Account opening Fee?
Answer – No, there is no attached fee for opening a demat account with Angel One. The stock broker has waived off the account opening charge for the comfort and ease of the new investors. This is also a source of encouraging people to take up stock market investment.
Open Free Demat Account with Angel One
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