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Angel One Company

  

Angel One Company: A Comprehensive Overview

  

1. Company Overview

  

Founding Date and Background

  Angel One, formerly known as Angel Broking, was founded on August 8, 1996, as a traditional stock brokerage firm in India. Over the years, it has transitioned into a leading financial services company, leveraging technology to simplify investment processes for its clients.

  

Parent Company/Ownership Structure

  Angel One is a publicly traded company listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) under the ticker symbol "ANGELONE." The company was founded by Dinesh D. Thakkar, who currently serves as the Chairman and Managing Director.

  

Headquarters Location

  The headquarters of Angel One is located at Ackruti Trade Center, Andheri (E), Mumbai, Maharashtra, India.

  

Global Business Scope

  While primarily focused on the Indian market, Angel One serves a diverse clientele across various regions in India, catering to the investment needs of retail and institutional investors alike.

  

Main Regulatory Bodies

  Angel One operates under the regulation of several key bodies, including:

  • Securities and Exchange Board of India (SEBI)
  • Bombay Stock Exchange (BSE)
  • National Stock Exchange (NSE)
  • Multi Commodity Exchange of India (MCX)
  • National Commodity & Derivatives Exchange Limited (NCDEX)

  

2. Company History and Development

  

Key Milestones

  • 1996: Angel One was established as Angel Broking.
  • 1998: The company gained membership in the National Stock Exchange.
  • 2004: Launched its commodity broking division.
  • 2020: Went public with an Initial Public Offering (IPO).
  • 2021: Rebranded from Angel Broking to Angel One to reflect its expanded services and digital-first approach.

  

Business Expansion Journey

  Angel One has experienced significant growth, evolving from a traditional brokerage to a tech-driven investment platform. The company has expanded its services to include online trading, investment advisory, and wealth management, catering to the changing needs of investors.

  

Customer Base Growth

  As of June 2024, Angel One has over 3 crore registered users, making it one of the largest retail brokerage firms in India. The firm has successfully tapped into tier-2 and tier-3 cities, increasing its reach and customer engagement.

  

Platform Development History

  Angel One has invested heavily in technology to enhance its trading platforms, including the Angel One app and web-based trading solutions. The introduction of the "Angel ARQ" investment advisory tool exemplifies its commitment to leveraging technology for better investment outcomes.

  

Important Awards or Recognitions Received

  Angel One has received numerous accolades over the years, including:

  • "Best Performing Retail Member" at the NSE Awards
  • Gold at the Indian Digital Awards for digital innovation
  • Recognitions for its customer service and trading platforms

  

3. Trading Services Offered

  

Forex Trading Options

  Angel One offers forex trading with a selection of currency pairs, allowing clients to trade major, minor, and exotic pairs. The exact number of currency pairs may vary based on market conditions and regulatory frameworks.

  

Stock Trading Options

  Angel One provides a comprehensive stock trading service, allowing clients to invest in equities across various sectors. The firm offers zero brokerage for equity delivery trades for the first 30 days, making it attractive for new investors.

  

CFD Trading Products

  While Angel One primarily focuses on equity and commodity trading, it may offer Contracts for Difference (CFDs) on select instruments, allowing traders to speculate on price movements without owning the underlying asset.

  

Other Financial Instruments

  Angel One also facilitates trading in:

  • Commodities: Including metals, energy, and agricultural products.
  • Mutual Funds: Clients can invest in a variety of mutual funds without any commission charges.
  • IPO Investments: The platform allows users to apply for Initial Public Offerings seamlessly.

  

Special Services or Unique Advantages

  Angel One distinguishes itself with features such as:

  • Angel ARQ: An AI-driven investment advisory tool that provides personalized stock recommendations.
  • 24/7 Order Placement: Clients can place orders at any time, ensuring they never miss trading opportunities.
  • Zero Commission on Mutual Funds: This feature enhances the value proposition for investors looking to build diversified portfolios.

  

  

Detailed Regulatory Information

  Angel One is regulated by multiple bodies, ensuring compliance with financial regulations:

  • Securities and Exchange Board of India (SEBI)
  • Bombay Stock Exchange (BSE)
  • National Stock Exchange (NSE)
  • Multi Commodity Exchange of India (MCX)
  • National Commodity & Derivatives Exchange Limited (NCDEX)

  

  As a registered stockbroker, Angel One operates under Indian law and is structured to comply with the regulations set forth by the aforementioned regulatory bodies.

  

Client Fund Protection Measures

  Angel One adheres to strict guidelines for client fund protection, including:

  • Segregation of client funds from the company's operational funds.
  • Regular audits to ensure compliance with regulatory standards.

  

Countries/Regions Served

  While Angel One primarily serves clients in India, its digital platforms allow for a broader reach, facilitating investments from Indian nationals residing abroad.

  

Compliance History

  Angel One has maintained a clean compliance record with no major regulatory violations reported, reflecting its commitment to transparency and ethical business practices.

  

5. Competitive Landscape

  

3-5 Main Competitors

  Angel One competes with several prominent players in the Indian brokerage market, including:

  • Zerodha: A leading discount broker known for its low-cost trading.
  • Upstox: Another popular discount brokerage with a robust trading platform.
  • ICICI Direct: A full-service broker offering comprehensive investment services.
  • HDFC Securities: A well-established player in the financial services sector.

  

Positioning in the Industry

  Angel One positions itself as a hybrid broker, offering full-service brokerage at competitive rates. Its focus on technology and customer service sets it apart from traditional brokers.

  

Market Differentiation Factors

  Key differentiators for Angel One include:

  • Zero brokerage on equity delivery trades for the first 30 days.
  • Advanced trading tools and technology-driven advisory services.
  • A strong focus on customer education and support, making it appealing to both novice and experienced investors.

  For more information about Angel One and its services, feel free to learn more.

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