Leverage: Margin Trading
Regulation: SEBI
Min. Deposit: $0
HQ: India
Platforms: AngelOne Trade, Mobile App, Angel NXT
Found in: 1996
Angel One is a Stock trading broker in India that offers a range of financial products, including Stocks, US Stocks, Mutual Funds, Commodities, Indices, Futures, Options, IPOs, and more.
Based on our research, the brokerage is regulated by the Securities and Exchange Board of India (SEBI), which oversees various aspects of stock trading and brokerage operations to ensure transparency and protect traders’ interests.
Overall, the firm provides competitive trading conditions and an intuitive interface for clients to manage their investment portfolios, access market research, and execute trades.
Yes, Angel One is a Stock brokerage firm based in India. It was formerly known as Angel Broking Limited and rebranded as Angel One Limited. The company provides various financial services, including equity and commodity trading, mutual funds, IPO investments, research, and advisory services.
Per our findings, the broker comes with its set of advantages and disadvantages. On the positive side, the firm offers a diverse range of financial products for investors, user-friendly online trading platforms, and mobile apps, making it convenient for clients to execute trades and manage their portfolios. Additionally, Angel One offers extensive research and educational resources to empower investors in making informed decisions.
For the cons, the brokerage charges associated with certain services, such as demat and trading account maintenance fees, could be relatively higher compared to some discount brokers. Additionally, the firm lacks a top-tier license, which could be a concern for traders who prioritize brokers with higher regulatory credentials.
| Advantages | Disadvantages |
|---|---|
| $0 minimum deposit | No top-tier license |
| Competitive trading conditions | No 24/7 customer support |
| User-friendly interface | |
| Trading products | |
| Educational resources | |
| Transparent fee structure | |
| Direct Market Access | |
| Secure investing environment |
| 🏢 Headquarters | India |
| 🗺️ Regulation | SEBI |
| 🖥 Platforms | AngelOne Trade, Mobile App, Angel NXT |
| 📉 Trading Products | Stocks, US Stocks, Mutual Funds, Commodities, Indices, Futures, Options, Currencies, ETFs, IPOs |
| 💰 Stock Commission | From ₹0 |
| 🎮 Paper Trading/ Demo Account | Available |
| 💳 Minimum Deposit | $0 |
| 💰 Base Currencies | INR, USD, EUR, GBP, JPY |
| 📚 Education | Provided |
| ☎ Customer Support | 24/5 |
According to our analysis, Angel One is a prominent discount brokerage firm in India, offering online trading services with competitive pricing. However, we recommend considering the specific investment needs, preferences, and potential limitations of the platform before making a decision.
| Ranking | Angel One | Wealthsimple | Zerodha |
|---|---|---|---|
| Our Ranking | ⭐⭐⭐⭐⭐ | ⭐⭐⭐⭐⭐ | ⭐⭐⭐⭐ |
| Advantages | Investment Options | Trading Conditions | Trading Products |
While the broker offers a competitive trading environment for investors, other stock trading firms may offer additional benefits such as a wider range of trading products, trading platforms, etc. So, we have compiled a list of alternatives for you to consider.
No, Angel One is not a scam. It is a trustworthy Stock trading firm that adheres to the rules and guidelines established by SEBI (India). The authority oversees the brokerage operations to ensure transparency and protect traders’ interests.
Yes, Angel One is a legitimate and regulated investing firm. It is regulated and authorized by SEBI (India), which has a good reputation in the financial market.
However, the broker lacks a top-tier license and operates under a single regulatory body, which could be a drawback for some traders seeking accounts with multiple regulatory authorities.
See our conclusion on Angel One Reliability:
| Angel One Strong Points | Angel One Weak Points |
|---|---|
| Professional investing environment | No additional or top-tier license |
| Member of NSE, BSE, MCX, & NCDEX | |
| Two Factor Authentication |
Angel One Invest follows the regulations set by SEBI and employs secure and encrypted technologies to protect user data and financial transactions, enhancing the overall security of the trading experience.
However, investors should also be proactive in implementing security features such as two-factor authentication and staying informed about best practices to further enhance their trading protection.
Angel One provides margin trading options, allowing investors to borrow funds against their existing securities to potentially amplify their trading positions. While margin trading can enhance returns, it also involves increased risk, and traders should carefully consider their risk tolerance and market conditions before engaging in margin trading on the broker’s platform.
Angel One Margin Levels are offered according to the SEBI regulation:
Based on our findings, the broker offers different types of accounts to cater to the diverse needs of investors. These include trading accounts, demat accounts, and commodity trading accounts. A trading account is essential for buying and selling securities in the stock market, while a demat account is used to hold and manage these securities in electronic form.
Angel One also provides facilities for commodity trading, allowing clients to trade in commodities such as gold, silver, and agricultural products. The specific features, fees, and requirements associated with each account type may vary, so individuals interested in opening an account with the broker should check the latest information on the official website or contact the company directly for details on the available account types.
| Pros | Cons |
|---|---|
| Variety of account types | None |
| No minimum deposit | |
| Fast and easy account opening |
Opening an account with a broker is considered quite an easy process, as you can log in and register within minutes. Just follow the opening account or Angel One login page and proceed with the guided steps:
The broker offers a diverse range of Angel One trading products, including Stocks, US Stocks, Mutual Funds, Commodities, Indices, Futures, Options, Currencies, ETFs, and IPOs. This diverse selection empowers traders to diversify their portfolios and participate in different segments of the financial markets through a single integrated platform.
According to our findings, the broker charges various fees associated with its services. These fees may include brokerage charges, account opening fees, transaction charges, annual maintenance charges for demat and trading accounts, and other applicable taxes and charges.
The specific fee structure can vary based on the type of account, the segment of the market (equity, commodities, etc.), and the type of trade. Investors should review the latest fee schedule provided by Angel One, which is typically available on their official website or through direct communication with the brokerage.
| Fees | Angel One Fees | Wealthsimple Fees | Zerodha Fees |
|---|---|---|---|
| Deposit fee | Yes | Yes | Yes |
| Withdrawal fee | No | Yes | No |
| Inactivity fee | Yes | No | Yes |
| Investment Plans | Yes | Yes | Yes |
| Fee ranking | Low/Average | Low/Average | Low/Average |
Based on our test trade, the firm charges trading commissions as a part of its fee structure. The commission rates may vary depending on factors such as the type of asset being traded and the overall trading volume.
The broker is known for providing competitive commission rates. However, the fees and commissions can be subject to change, so traders should check the broker’s official website or contact customer support for the latest and most accurate information regarding trading commissions.
| Asset/ Pair | Angel One Commission | Wealthsimple Commission | Zerodha Commission |
|---|---|---|---|
| Stocks Fees | From ₹0 | From $0 | From ₹20 |
| Fractional Shares | Yes | Yes | No |
| Options Fees | From ₹10 | From $2 | From ₹20 |
| ETFs Fees | From ₹20 | From $0 | From ₹10 |
| Free Stocks | Yes | Yes | No |
We found that the broker follows the standard trading hours set by the stock exchanges in India. The regular trading hours for the equity segment are typically from 9:15 AM to 3:30 PM Indian Standard Time (IST) on weekdays, Monday through Friday. These hours apply to both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE).
For commodity trading, Angel One follows the trading hours set by commodity exchanges, such as the Multi Commodity Exchange (MCX).
The broker offers multiple funding methods to facilitate deposits into trading accounts. Common funding methods include online bank transfers, net banking, and Unified Payments Interface (UPI) transactions. Clients can link their bank accounts with their Angel One trading accounts and transfer funds seamlessly using these online methods. Additionally, Angel One may support payments through various payment gateways.
Here are some good and negative points for Angel One funding methods found:
| Advantage | Disadvantage |
|---|---|
| Fast digital deposits | No credit cards for funding |
| Variety of funding methods |
The broker does not have a mandatory minimum deposit requirement for opening a trading account. Users can start trading with any amount they are comfortable with.
Angel One minimum deposit vs other brokers
| Angel One | Most Other Brokers | |
| Minimum Deposit | $0 | $500 |
Per our analysis, the broker allows clients to make withdrawals from their trading accounts using various methods. Investors can initiate withdrawal requests through the online portal by specifying the desired amount and preferred withdrawal mode. Common withdrawal methods include online fund transfers to the linked bank account, and the processing time for withdrawals can vary based on the chosen method.
To initiate a withdrawal fund from your trading account, the firm provides a set of typical steps that can be followed:
Angel One offers a range of trading platforms to cater to the diverse needs of its clients. The AngelOne Trade platform is a web-based trading portal that provides real-time market data, advanced charting tools, and an intuitive interface for seamless trading experiences. Additionally, the broker offers a feature-rich mobile app that allows clients to trade on the go. It provides access to market insights, portfolio tracking, and the ability to place trades from smartphones.
Angel NXT is a partner platform that offers a simplified and user-friendly trading experience with features tailored for beginners.
| Platforms | Angel One Platforms | Wealthsimple Platforms | Zerodha Platforms |
|---|---|---|---|
| MT4 | No | No | No |
| MT5 | No | No | No |
| cTrader | No | No | No |
| Own Platforms | Yes | Yes | Yes |
| Mobile Apps | Yes | Yes | Yes |
According to our findings, the broker provides a comprehensive mobile application, often referred to as the Angel Broking App or Angel One mobile app. This app is designed to offer clients a user-friendly and efficient platform for managing their investments on the go. The app provides real-time market data, advanced charting tools, and a seamless interface for placing trades, monitoring portfolios, and accessing research and market insights.
With features such as secure login, intuitive navigation, and quick order placement, the Angel One mobile app is tailored to meet the needs of both beginner and experienced investors. Users can download the app from the respective app stores, and the brokerage may periodically update the app to enhance its functionality and user experience.
The broker offers 24/5 client support through various channels, including phone, email, and live chat. The firm provides timely and helpful assistance to address account-related issues, technical queries, or general inquiries about its services.
See our find and ranking on Customer Service Quality:
| Pros | Cons |
|---|---|
| Live chat, email, phone support | No 24/7 customer support |
| Relevant answers |
In the end, the broker offers educational resources to assist clients in enhancing their financial knowledge and trading skills. These educational materials include tutorials, webinars, articles, and other learning resources covering various topics related to stock market investing, trading strategies, technical and fundamental analysis, and more.
In conclusion, Angel One is a reputable Stock trading firm in India that offers a comprehensive suite of financial services and trading products. The broker is known for providing user-friendly online trading platforms, along with research and advisory services to assist clients in making informed investment decisions.
While the specific features, fees, and services may vary, the firm is recognized for its competitive offerings and commitment to customer support. However, we advise conducting your research and evaluating whether the broker’s offerings suit your specific trading requirements.
Based on Our findings and Financial Expert Opinions Angel One is Good for:
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