Angel Broking

Angel Broking is one of the topmost and leading full-service brokerage houses in India. Let's have a detailed Angel Broking Review & get a good understanding of Angel Broking Demat Account, Angel Broking Brokerage Charges, Angel Trading Platforms & other important features.

Angel Broking Customer Ratings & Review

Customer Ratings


9.0 / 10

Trading Platform

8.6 / 10

Product & Services

8.8 / 10

Brokerage Charges

9.5 / 10


8.5 / 10

Overall Rating

8.88 / 10

Star Rating


Customer Reviews


About Angel Broking

Company Type


Broker Type

Full-Service Broker


Mumbai, India


Dinesh Thakkar

Established Year



Angel Broking Pvt Ltd is one of the leading broking houses in India and has been in the business since 1987. Angel Broking mainly dedicated to a retail stock trading model. 

The Angel Group is also officially a member of the Bombay Stock Exchange (BSE), National Stock Exchange (NSE), and two commodity exchanges- the NCDEX and MCX. Angel Broking also registered as a Depository participant with CDSL.

As a broking house, it has more than 27 years of expertise in equity and commodity markets. The company Group comprises Mutual Funds, Life Insurance, Institutional Equities, Commodities, and Angel Fincap.

Angel Broking also has a nation-wide presence in 1200 cities. It has a strong network of 13500+ sub-brokers and more than 2 million clients.

Its main offerings include Equity Trading, Commodities, Mutual Funds, Life Insurance, IPO, Portfolio Management Services, Depository Services and Investment Advisory. It also provides Wealth Management and E Broking facilities.

The company has also achieved several milestones in its 28 years of history, including many awards and honors from major stock exchanges like NSE and BSE.


Angel Broking Brokerage Charges – Angel iTrade Prime Plan

Brokerage Charge & Fees

Angel iTrade Prime

Equity Delivery Trading


Equity Intraday Trading

Rs.20 per order

Commodity Options Trading

Rs.20 per order

Equity Futures Trading

Rs.20 per order

Equity Options Trading

Rs.20 per order

Currency Futures Trading

Rs.20 per order

Currency Options Trading

Rs.20 per order

Minimum Brokerage

Rs.20 per order

Demat AMC Charges

Free or Rs.300

Trading AMC Charges


Margin Money

Rs.10,000 Minimum

Brokerage Calculator

Angel Broking Brokerage Calculator


Angel Broking has come up with flat-rate plans called Angel i-Trade Prime with Rs.20 flat brokerage per order for all segments except Equity Delivery. Equity Delivery Trading is absolutely Free.

Angel iTrade Plan is applicable and started for all segments from April 2019 onwards. 

Angel Broking Charges

Few other charges including tax and SEBI charges, Apart from Brokerage charges applied for stock market investment, but these are very minimal charges.

Transaction Charges

0.00325% of Total Turnover


0.0126% of Total Turnover

SEBI Turnover Charges

0.0002% of Total Turnover

Stamp Duty

Depends on State (very minimal)


18% of (Brokerage + Transaction Charges)


These charges are very small in amount and don't affect the return on investment.

Angel Broking Demat Account Opening Fees

Depository Source


Account Opening Charges


Demat AMC Charges

Free or 300 per Annum

Trading AMC Charges


Margin Money

Minimum 10,000

Offline to Online



Angel Broking Demat Account charge is Free. The broking house doesn't charge any account opening fees. The Annual Maintenance Charges(AMC) are also free for 1st year for every client.

For Rs.25,000 & more margin, the Annual Maintenance Charges(AMC) is free & for less than Rs.25,000 margin Rs.300 AMC is charged. The Minimum Margin amount required is Rs.10,000.


Angel Broking Offers

Free Demat Account


Free Trading Account


Discount on Brokerage


Trading Happy Hours


Flexible Brokerage Plans


1 Month Brokerage Free


Holiday Offers


Referral Offers


Zero Brokerage for Loss Making Trades



List of Angel Broking Offers:

  • Lifetime Free Demat Account
  • Flat rates @ Rs 15 (If trade below 50,000) and Rs 30 (If trade above 50,000)
  • Free AMC Demat Account
  • Free Trading Account
  • Unlimited Brokerage cashback
  • Start Trading in 1 hour
  • 48x Margin Funding
  • Open Demat Account in 5 minutes

Angel Broking Pvt Ltd offers 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. The AMC charges also free for 1 year 

This is what makes the offer of Free Lifetime Demat such an attractive proposition for investors. One of the new offers is a 20% discount on brokerage rates. 

Angel Broking provides up to 40 times the limit of their initial amount. Expert advice is also provided by the company’s research team.

The ARQ research team will also provide research and predictions regarding stock and market trends, 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: How to open a Demat Account?

  • Fill up the Lead Form- Given link
  • Our Sales team will receive the lead & give a call to prospect immediately
  • Salles team fix appointment as per clients availability
  • A salesperson will visit the prospect
  • Prospect will have to provide few information & documents like Aadhaar Details, PAN Details, Account Opening Fees & POA
  • The account will be activated within a few hours or in a single working day

This Entire process takes a maximum of 1 day to complete.

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

Why Open Angel Broking Trading Account?

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


Angel Broking Products & Services

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

Angel Broking Products:

Equity Trading


Commodity Trading


Currency Trading






Mutual Funds











Equity trading is the most traded product of Angel Broking. The company will provide guidance and trading solutions that will assist clients in making well-informed decisions regarding investments in the markets on both platform BSE and NSE.

The clients get the opportunity to trade online through the Android app, Ios App or desktop platform, get quality advisory and research reports, advisory services, and high quality and dedicated 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 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 an affordable premium with maximum life cover. 

Angel Broking Services:

Demat Services


Trading Services


3 in 1 Account


Intraday Services


IPO Services


Stock Recommendations


Robo Advisory




Trading Institution


Trading Exposure

Upto 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 strategic portfolios consisting of a number of varied securities like equity shares, bonds, fixed deposits, and so on.

Angel Broking will provide dedicated fund management as well as personalized customer support. There are also suitable payment terms that will be flexible for all investors. Online access to the customer portfolio will be an additional benefit to clients.

The primary service of the broking house is to provide the service of a Demat Account. The Angel Broking Demat Account is a technology-enabled Trading and Demat account. 

Customers also get the chance to receive Intraday Trading tips and suggestions which will help you buy and sell stocks on the same day. Angel Broking also provides Investment Advisory services and services for NRIs as well.


Angel Broking Research, Advisory & Stock Tips


Fundamental Reports


Research Reports


Company Reports


Annual Reports


Company Stock Review


Free Stock Tips


IPO Reports


Top Picks


Daily Market Review


Monthly Reports


Weekly Reports


Offline Advisory


Relationship Manager



The Full-Service Broking house provides all types of reports, research, trading tips to their clients on a daily basis. Angel Broking tips are known to be one of the best in the market.

They have also launched a Robo Advisory Platform known as ARQ.

Angel Broking ARQ

Angel Broking ARQ advisory platform based on AI (Artificial intelligence) Robo which provides stock & mutual fund tips based on future potential and past performance of the stocks.

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

ARQ’s algorithm is based on Modern Portfolio Theory of Nobel Prize-winning. 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 the online or physical IPO form of the company
  • The client can apply up to Rs.15,000 worth IPO
  • If the IPO is oversubscribed, the 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 up to 40 times or 40x exposure to their clients. Exposure varies on various parameters

  • Clients Holdings 
  • Clients History (old client gets high leverage)
  • Type of investment (Equity, Derivatives, Currency, Commodity)
  • Company Scrip (High Networth company or List A company has high exposure scrip)


Equity Delivery

Approx 8X for the majority of the stocks

Equity Intraday

48 X exposure for approved stocks

Futures Delivery

10x for stock and 20 X for Index 

Futures intraday

60 X for selected contracts

Options Delivery

Premium levied by the exchange

Options intraday

60X for option sell and 6 x for Option buy for selected contracts


Angel Broking Trading Platforms

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

Here is the list of their Features:

Desktop Platform – Windows


Desktop Platform – Mac


Desktop Browser Platform


Mobile Site Platform


Android App Platform


iOS App Platform


Windows App Platform


Other Mobile OS Platform


Real-time Updates


Portfolio Details


Online MF Buy


News Flash


Research Reports


Easy Installation


Global Indices


Stock Tips


Personalized Advisory


Interactive Charts


Live Markets


SMS Alerts


Email Alerts


Multi-Account Management


Mobile App based Trading Platform: Review

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 client can also trade across all segments like equity, commodity, currency with great ease. It provides access to reports and ledgers without any difficulty.

Web-based Trading Platform: Angel Eye Review: 

This is a browser-based platform that 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. 

Mobile Web-based Trading Platform: Angel Swift

A JAVA based platform that can be used on any smartphone, tablet, iPad, etc.

Mobile Browser-based Trading Platform: Angel Lite

This is a browser-based platform, 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 Dealer


Offline Trading


Online Trading


24*7 Support


Support Number


Email Support


Chat Support


Toll-Free Number




Angel Broking Complaints & Feedback

Lodged in BSE


Resolved in BSE


Lodged in NSE


Resolved in NSE



Angel Broking’s Feedback team will resolve all the client complaints & feedback within 48 hours.

Angel Broking Advantages & Disadvantages

Here is 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, Vijayawada, Visakhapatnam, 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, Sonbhadra, Varanasi

West Bengal – Asansol, Durgapur, Kolkata

Angel Broking Conclusion

With more than 2 million client base, Angel Broking is one of the largest non-banking full-service brokers in the country. The broking house is always one of the 1st choices of any type of investor.

Angel broking flexible brokerage plan attracts both long term investors and intraday traders. 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 kinds of digital innovation.




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