Angel Broking 2025 Review: Everything You Need to Know
Summary: Angel Broking, now rebranded as Angel One, has established itself as a significant player in the Indian brokerage landscape since its inception in 1987. The platform offers competitive pricing, a range of trading options, and a user-friendly mobile application. However, mixed user reviews highlight areas for improvement, particularly in customer support and the overall user experience.
Note: It is crucial to recognize that Angel One operates under various regulatory bodies, which can affect the services offered in different regions. This review aims to provide a balanced perspective based on comprehensive analysis and user feedback.
Ratings Overview
How We Rated the Broker: Our ratings are based on a combination of user feedback, expert analysis, and the broker's service offerings.
Broker Overview
Founded in 1987 by Dinesh Thakkar, Angel One (formerly Angel Broking) is one of Indias leading full-service brokers. The firm has evolved significantly, offering a range of financial services, including stock and commodity trading, investment advisory, and margin funding. Angel One provides multiple trading platforms, including its user-friendly mobile app, web-based trading portal, and desktop application, catering to a diverse clientele.
The broker is regulated by prominent authorities such as the Securities and Exchange Board of India (SEBI), the Bombay Stock Exchange (BSE), and the National Stock Exchange (NSE), ensuring a degree of safety and compliance for its users.
Detailed Breakdown
Regulated Geographical Areas
Angel One operates primarily in India and is regulated by SEBI, which is the primary regulatory body overseeing the securities market in the country. This regulatory framework promotes transparency and protects investors. However, users outside India may find limited access to certain features.
Deposit/Withdrawal Currencies
The platform supports transactions primarily in Indian Rupees (INR), with no direct support for cryptocurrencies. Users can deposit funds through various means, including bank transfers and debit cards, but electronic wallets are not accepted.
Minimum Deposit
Angel One does not impose a mandatory minimum deposit for account opening. This flexibility allows users to start trading with any amount they are comfortable with, making it accessible for both novice and experienced traders.
Angel One offers a flat fee structure under its 'iTrade Prime' plan, which includes free equity delivery trades and a flat ₹20 per trade for intraday and futures options. This pricing model is competitive compared to other brokers in India.
Tradable Asset Classes
The broker allows trading in a diverse range of assets, including equities, commodities, currencies, and derivatives. However, it does not support trading in international stocks, which may limit options for investors looking to diversify their portfolios globally.
Costs (Spreads, Fees, Commissions)
Angel One is known for its low brokerage costs, charging ₹0 for equity delivery and ₹20 or 0.25% for other trades. Additional costs may include transaction fees and regulatory charges, which can affect overall profitability.
Leverage
The platform offers leverage options, with intraday trading allowing up to 5x leverage on equity trades. This feature can amplify both gains and losses, emphasizing the need for careful risk management.
Angel One provides various trading platforms, including its mobile app, a web-based interface, and a desktop application. Each platform is designed to cater to different trading styles and preferences.
Restricted Regions
Currently, Angel One primarily serves Indian residents, with limited services available for international clients. This restriction may impact those looking to trade from outside India.
Available Customer Service Languages
Customer support is available in multiple languages, primarily focusing on Hindi and English, which caters to a wide range of users across India.
Repeated Ratings Overview
Detailed Evaluation
Account Conditions
Angel One scores a 7.5 for its account conditions, offering a variety of account types, including trading and demat accounts. The absence of a minimum deposit requirement adds to its appeal.
With a rating of 8.0, the broker provides extensive research and educational resources, helping users make informed trading decisions.
Customer Service and Support
Scoring 6.2, customer service has received mixed reviews. While support is available through multiple channels, users have reported delays in response times, particularly during peak hours.
Trading Setup (Experience)
The trading experience is rated at 7.0, with users appreciating the range of platforms available. However, some have noted that the mobile app can be cumbersome compared to more streamlined competitors.
Trustworthiness
Angel One is considered trustworthy, with a score of 7.8, primarily due to its regulatory compliance and long-standing presence in the market.
User Experience
The user experience is rated at 6.5, reflecting the need for improvements in app usability and customer service responsiveness.
Additional Features
The platform offers additional features such as margin trading and investment advisory services, which contribute to a comprehensive trading environment.
In conclusion, Angel Broking, now Angel One, remains a competitive choice for Indian investors seeking a robust trading platform with diverse asset offerings. While it excels in pricing and resources, improvements in customer service and user experience could enhance its appeal further.
