Home Finance Blogs Angel Broking & Angel Broking Best Demat & Trading Account Reviews 2020

Popular Posts

Top 179 High DA Article Submission Sites List For 2020 To Rank Higher

Article submission plays a vital role in Google ranking. Article is one of the best source for seo from where they can get contextual...

Top 20 .Edu and .Gov High Authority Dofollow Backlink List

High authority.Edu and.Gov backlinks are one of the easiest ways to boost up the website and helps keywords to rank fast. When I was...

20 Best Slogans and Quotes On Incredible India

India is a vibrant culture and has people of different religions, different places of origin and different cultures living together for centuries and has...

Top 6 Tips for You to Avoid Peeling Skin

In general, our skin consists of three layers - the outer layer, the middle layer, and the innermost layer. For a normal interval, the...

Angel Broking & Angel Broking Best Demat & Trading Account Reviews 2020

Founded in 1987, Angel Group has become a part of the top three retail broking houses in India. It is a member of BSE and NSE as well as the commodities exchanges NCDEX and MCX. They are also registered as a depository participant with CDSL.

Angel Broking offers many different retail stock broking services which include :

  • Ebroking
  • Portfolio Management Services
  • Wealth Management Services
  • Investment Advisory
  • Commodities Trading

Angel Broking provides a one stop solution for all investment needs. The company is headquartered in Mumbai but has branches across 900 Indian cities and 8500 sub brokers and more than a million customers. They also provide services to more than 80,000 NRIs across the world.

With help of Angel Broking you can trade in equity, futures and options, commodities and even in international currency. They not only provide a platform for trading in Mutual Funds but also help apply for IPOs and provide guidance to retail investors for trading in secondary market.

Read More: Personal Finance Blogs in India

They have been given many distinguished awards related to financial sector such as being top performer in BSE equity segment in 2015 and best equity brokerage of 2015.

Angel Broking: Best Demat Trading Platforms

Angel Broking offers many different trading platforms to their clients

  1. Angel Eye – A portfolio tracking application that opens with browser and has various features including screen for different market segments and live market updates.
  2. Angel Speed Pro – A trading platform app that provides regular updates and makes it possible for investors from different terminals to access the market.
  3. Angel Trade – A trading platform which opens from your browser. It is of great utility to investors and traders to gain access to the market.
  4. Angel Lite – It is mobile trading tool that is browser based and provides facility to gain access to live market updates
  5. Angel Swift – A versatile mobile app for accessing the market using mobile devices of different kinds. It can perform both equity and commodities trading.

Brokerage Charges charged by Angel Broking

Angel Broking charges brokerage based on volume. The higher the quantum of change the less the brokerage they charge.

  • For equity delivery Angel Broking charges from 0.4% to 0.1% which is very competitive and compares favorably with Bank Paribas which charges 0.3% and is less than ShareKhan, Reliance Securities and HDFC Securities which charges 0.5%
  • For intraday trade Angel Broking charges from 0.04% to 0.01% which is much more affordable when compared with established names such as ICICI Direct which charges 0.275% and HDFC Securities which charges 0.1%. Angel Broking is a great brokerage house if you are an intraday trader.
  • Future trading and derivative trading charges with Angel Broking range between 0.04% and 0.01% which is comparable to what is charged by Reliance at 0.04% and BNP Paribas at 0.03%
  • In Options trading for Equity, Angel Broking charges INR 60 per lot which is in line with the average charged by its competitors such as ICICI which asks for INR 35-75 per lot and Sharekhan which asks for INR 100 per lot or 2.5% whichever amount is higher.
  • For currency options Angel Broking charges at 0.04% to 0.01% which is close to median of what is charged by its competitors. For currency futures Angel Broking charges INR 30 per lot which is slightly on the higher side since BNP Paribas charges at INR 10 – 15 per lot and HDFC Securities asks for INR 23 per lot.
  • In commodity trading Angel Broking charges 0.04% to 0.01% which is a reasonable average of what the competitors charge. Sharekhan charges more at 0.1% and Indiabulls charges less at 0.03%.

Read More: Forex Trading Signal Guide

What are the advantages of Angel Broking

  1. They have user friendly interface of their trading platform which can be accessed through browser
  2. They allow investors different options of investment from equity to options and commodities. They also allow trading in Mutual funds and currency
  3. The time allowed to squaring off is 3:15 PM and a retail investor is allowed to trade up to 4 times of the value of his account.
  4. The trading account can be linked to accounts held in reputed private banks such as HDFC and ICICI bank.
  5. They have presence in over 900 cities
  6. They provide single window access to BSE, NSE and commodity exchanges MCX and NCDEX
  7. Trading is possible across many devices such as laptops and smart phones using both browser and app based trading
  8. Dedicated support staff who provide advice through phone, email as well as live chat and sms

Angel Broking Demat account comes in 4 variations

  1. Angel Classic which is from INR 10,000 to INR 24,999 with account maintenance charges of INR 450 per year
  2. Angel Preferred which is from INR 25,000 to INR 49,999 with nil account maintenance charges for first years and INR 450 thereafter
  3. Angel Premier INR 50,000 to INR 99,999 nil account maintenance charges for first two years and INR 450 thereafter
  4. Angel Elite INR 100,000 and above with nil account maintenance charges for first three years and INR 450 thereafter

Angel Broking Demat account provides margin up to 10 times of account deposit and free SMS investment advisory for a period of three months.

Read More:  Day Trading Tips for Beginer 2020

Recent Articles

start running on treadmill

How to Start Running on a Treadmill

0
If you are a beginner runner on the treadmill, you may face the question on the mind that what you need to know to...

Tire care tips for summer in Dubai

0
In the hot summer, the average temperature of Dubai is recorded to be over 41°C that make it justifiable for people to be highly...

Big Data: The Importance of Preparing the Data

0
Big data and analytics is not a black box- you can’t just gather and load data and it will return with valuable insights. According...

Business Strategy Professionals: Setting the rules of the Game

0
When the topic of discussion, is based on the foundations of a Startup we need to keep in mind a little more than that,...
Dog Nausea

What You Should Know About Dogs Nausea and Digestive Issues

0
Caring for your dog can come with a bundle of responsibilities and most dog lovers enjoy caring for their furry friends. But...

Latest Posts

How to Choose Professional Movers for Your Relocation

You got a new job, recently got married, want to change your environment… these are some of the reasons people get...

How to Choose Best RV Mattress According to Your Sleeping Preferences

A recreational vehicle (RV) is designed for long-distance traveling; hence always features an arrangement to sleep comfortably. Since these automobiles double up...

25 Online Business Ideas You Can Start In This Lockdown

To earn money from the comfort of your hone is no more an encumbrance. It is just like your wishes turning...

Top 10 Best Direct Selling Companies In India 2020

Are you looking for top 10 Indian direct selling companies? You have landed at the right place. Here, in this article, you...
4,000FansLike
3,000FollowersFollow
1,000FollowersFollow

How to Choose Professional Movers for Your Relocation

You got a new job, recently got married, want to change your environment… these are some of the reasons people get...

How to Choose Best RV Mattress According to Your Sleeping Preferences

A recreational vehicle (RV) is designed for long-distance traveling; hence always features an arrangement to sleep comfortably. Since these automobiles double up...

25 Online Business Ideas You Can Start In This Lockdown

To earn money from the comfort of your hone is no more an encumbrance. It is just like your wishes turning...

Top 10 Best Direct Selling Companies In India 2020

Are you looking for top 10 Indian direct selling companies? You have landed at the right place. Here, in this article, you...

30 Profit Making Small Business Ideas with Low Investment in India

Investing in a business is a serious decision to make. However, if you keep your senses right and think wisely there are...

Top 10 Largest & Leading Companies by revenue In India 2020

Leadership is not about holding a prestigious position or a title. Rather it is a combination of both. The importance of a...

20 Best Small Business Ideas in India for 2020, Business Ideas with Low Investment

Are you looking for some cool business ideas that requires a little investment? If yes, then you have landed at the...

Top 10 manufacturing business ideas in India with Low investment

Starting a small manufacturing business is profitable as well as easy. You can start it at any time you want and...