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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.
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.
The headquarters of Angel One is located at Ackruti Trade Center, Andheri (E), Mumbai, Maharashtra, India.
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.
Angel One operates under the regulation of several key bodies, including:
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.
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.
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.
Angel One has received numerous accolades over the years, including:
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.
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.
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.
Angel One also facilitates trading in:
Angel One distinguishes itself with features such as:
Angel One is regulated by multiple bodies, ensuring compliance with financial regulations:
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.
Angel One adheres to strict guidelines for client fund protection, including:
While Angel One primarily serves clients in India, its digital platforms allow for a broader reach, facilitating investments from Indian nationals residing abroad.
Angel One has maintained a clean compliance record with no major regulatory violations reported, reflecting its commitment to transparency and ethical business practices.
Angel One competes with several prominent players in the Indian brokerage market, including:
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.
Key differentiators for Angel One include:
For more information about Angel One and its services, feel free to learn more.
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