Angel Broking

(3.2)
3.2/5

A full-service broker in India offering a wide range of investment and trading services at the same cost as that of discounted brokers.

Product Basket

The segments in which you can invest (includes Equity, Commodity, Currency, Futures and Options) through this broker

Pros

Advantages and Strengths of this broker.

Cons

Disadvantages of this broker that it needs to improve upon.

Angel Broking Ratings & Reviews

Ratings are provided based on customer service, usability, charges and overall average. Reviews are based on positive and negative aspects of the broker that help you understand this broker better.

Charges

(4)
4/5

Usability

(3.1)
3.2/5

Customer Service

(2.8)
2.8/5

Charges Review

  • Even though they are a full service broker, their brokerage charges are minimal.
  • Equity delivery is free & for other segment charges are fixed.
  • Only single (Standard) plan on offer, but incurs more charges in the form of Pay Per Order etc.
 

Customer Service Review

  • Provides email and call support but the response is delayed.
  • Does not provide an option of raising a ticket.
  • Bot support (virtual trading assistant named Angie) is also available at their website.
  • They have many physical branches which makes it convenient for their customers to avail support.
 

Ease of Use Review

  • Their trading platforms are user friendly and technologically advanced as well.
  • Their mutual fund investment platform (Angel BEE) offers Regular plans only.
 

Account Opening Procedure Review

  • For individual accounts, the online account opening process is quite complicated, a slightest discrepancy with respect to details can reject your application.
  • An additional clause with online account opening is that you need to send a few documents mandatorily for physical verification.
  • The offline procedure is also time consuming.

Why Choose Angel Broking?

Verdict

 

 

Angel Broking is the only full service broker that offers a Standard discount plan. It offers ‘ARQ Advisory’ (automated and integrated) that covers both technical as well as fundamental analysis. It also offers a free learning platform (Smart Money). Angel Broking also provides loan against shares which makes it more suitable for traders.

 

 

If you are a trader, the broker provides you with

  • Provides daily technical & derivative reports without any additional costs.

  • Provides loan against shares.

  • Flat brokerage on intra-day and derivatives trading.

 

If you are an investor, the broker provides you with

  • Provides research reports for informed decision making.

  • AQR (investment advisory) offers index-beating returns.

  • Provides stock advisory services through a separate platform.

  • Have a knowledge centre for investor education.

 

Trading Tools

 

Angel Broking Mobile Application

It is the Angel Broking’s Application used for trading. This app offers trading in different segments like Equity, Derivatives, Currency, and Commodities at BSE, NSE, MCX, and NCDEX including the option to invest in IPOs. The app is easy to use for both value investors as well as frequent traders. Customers get real-time quotes & charts, live news, multiple watchlists, research reports, holdings, margin statements, order summary, and more.

 

Angel Broking Trading Website

Angel Broking Trade is the web trading platform of the company. It offers features to manage and build a comprehensive portfolio along with providing share trading tools, hence making the process seamless.

 

Angel BEE

It is a mobile application meant for research and investment in Mutual Funds. It requires zero paperwork and investment is possible via SIPs as well as Lump Sum. They allow investment only in regular plans.

 

Angel ARQ (Investment Advisory Tool)

ARQ is a tech-based investment advisory engine that offers personalised stock recommendations to investors. The tool aims at providing the best asset allocation advice after understanding a user’s risk preferences.