English

Wide range of trading instruments available, allowing for diversified investment opportunities.

User-friendly trading platform that is accessible for both beginners and experienced traders.

Competitive spreads and low trading fees, which can enhance overall profitability.

Limited regulatory oversight, raising concerns about the safety of funds and overall trustworthiness.

Mixed customer reviews, with a significant portion of negative feedback regarding customer service and support.

Potential issues with withdrawal processes, as reported by some users, which can affect liquidity for traders.

ANGELO broker Accounts

Angel Broking Account Type

Angel Broking offers several types of accounts to cater to different trading needs. The main account types include:

Regular Demat Account: For Indian residents to hold securities in electronic form.
Repatriable Demat Account: For NRIs, allowing funds to be transferred abroad, linked to an NRE bank account.
Non-Repatriable Demat Account: For NRIs, where funds cannot be transferred abroad, linked to an NRO bank account.
Basic Services Demat Account (BSDA): For investors with portfolios worth less than ₹2,00,000.

A necessary account for buying and selling stocks, linked with the demat account. A 2-in-1 account (demat + trading) is provided by default during the account opening process.

While Angel Broking does not offer a specific 3-in-1 account, users can link their existing bank accounts to their trading account.

Suitable for individuals wishing to hold securities jointly with family members or transferring from another broker.

For minors under 18 years, allowing guardians to open a demat account for them. Trading is permitted once the minor reaches adulthood.

Opening an account with Angel Broking is a straightforward process that can be completed online or offline.

Visit the Angel Broking Website: Navigate to the official site and click on the "Open an Account" button.
Fill the Application Form: Provide personal details including name, mobile number, and city.
Submit KYC Documents: Upload required documents such as PAN card, address proof, and a passport-sized photograph.
E-Signature and Video Verification: Complete the e-signature process and undergo a video verification to confirm identity.
Link Bank Account: Provide bank account details for fund transfers.
Review and Submit: Check all details for accuracy before submitting the application.
Account Activation: Once processed, you will receive confirmation via email with account details.

Visit a Local Branch: Go to the nearest Angel Broking branch or authorized sub-broker.
Request the Account Opening Form: Fill out the form with required details.
Submit Documents: Provide necessary documents and identification.
Account Activation: After verification, you will receive your login details.

Account Opening Fees: ₹0 for both demat and trading accounts.
Annual Maintenance Charges: ₹450 for the demat account from the second year onwards.

For a seamless trading experience, ensure you have all required documents ready and follow the steps carefully.

Sources: