Angel Broking Demat & Trading Account Review

· Finance,Trading,Stock Market

Angel Broking is a full-service stockbroking house that has its headquarters located in Mumbai. It was brought into existence in 1987 and provides a wide range of financial products & services to its clients across the country. Angel Broking has franchise outlets in more than 900 cities of India and has more than 11,500 sub-brokers. The best stock broker in India presently has more than 1 million clientele with 4, 71,807 active clients.
 

Its major offerings are:

  • Commodity trading
  • Currency trading
  • IPO
  • Equity
  • Portfolio Management Service (PMS)
  • Mutual Funds
  • Loan Against Shares
  • ETF
  • Life Insurance

Mr. Dinesh Thakker, MD of Angel Broking, through his high level of dedication took the broking firm to newer heights.
 

Main features of Angel Broking

  • Standard 20% Discount on brokerage charges for all online transactions
  • Best-in-class research featured by ARQ predictions, helping to choose & invest in the best stocks
  • FREE Premium SMS Advisory services for the first 3 Months
  • Margin up to 40 times and a number of facilities at zero cost
  • Begin trading in 1 hour. Permitted by India’s first Digital KYC – no need for clumsy documentation

Angel Broking Account Opening Charges
 

Angel Broking account opening charges are nill in case of a trading account and 0 for Demat account. Angel Broking charges Rs 450 (from 2nd year) AMC for the Demat account.
 

Transaction

Charges

Trading Account Opening Charges

Rs 0 (Free)

Account AMC Charges

Rs 0 (Free)

Demat Account Opening Charges

Rs 0 (Free)

Demat AMC (Yealy)

Rs 450 (from 2nd year)

Angel Broking Demat Account
 

Once you open an Angel Broking Demat Account, you open up a plethora of investment products and services that help in stock trading.
 

Being a full-service broking firm, Angel Broking provides investment services that include everything that one can think of.
 

Apart from the basic trading and Demat services, there are investment research and planning services, investment advisory services, an option to avail loans against the shares you have in your Demat.
 

Salient Features of the Angel Broking Demat Account

  • One of the most remarkable features that Angel Broking provides is Angel ARQ, which is its prized product. It is an investment advisory tool based on a rule-based model where one feeds information and based on the rules of investment it reveals the most feasible investment options.
  • The brokerage charges of the broking firm are extremely competitive and flat charges are also there which is equivalent to the discount brokerage house charges.
  • There is also a minimum brokerage plan which is Rs.20 per Order for all categories. However, there is an existing offer where Delivery Trading is Free.
  • One can choose to save over 60% of the brokerage with Angel Broking. This is one of the few full-service brokers that offer big saving opportunities.

Angel Broking Trading account
 

Angel Broking Trading Account permits its investors to trade with a minimum of Zero in it, which is the minimum margin you can keep in this account for trading with Angel Broking.
 

It provides extreme leverage and so can you can avail loan against the shares you have in your Demat account with which you can trade.
 

There is a high level of research reports that you will get with the Angel Broking Trading Account. An advisory team is always on its toes to assist you in your trading and investment decisions.
 

The best stock broker provides daily, weekly and monthly reports. Research and advisory services are free of cost, it is all within the brokerage you pay and that is also very competitive.
 

Its other services include portfolio management services, which you can avail of when you open a Demat account with Angel Broking.

Besides, there are trading facilities across all the investment segments like equity, derivatives, currencies, commodities, and many others. It offers trading platforms across all the prevalent devices.

Angel Broking Back Office

Angel Broking App is a mobile trading app by the stockbroker and offers different types of trading solutions. A trader or investor can trade with this application even from any time, anywhere.

The next thing is Angel Broking Trade, which is the browser-based trading platform and finally, there is Angel SpeedPro, a trading terminal by Angel Broking.
 

This trading terminal is one of the most preferred trading terminals because of its extended variety of features.

Angel Broking login is very easy and quick with these advanced software systems.
 

FAQs
 

Do I need to open demat account for trading in commodities?

- No, it is not necessary but if you want, you can contact Angel Broking during the account opening process to get this done.
 

What does BSDA mean? What is the procedure to activate my BSDA facility in Demat account?

- “In harmony with the SEBI circular, CIR/MRD/DP/22/2012 dated August 27, 2012, with effect from October 1, 2012, all the Sole or First demat account holders, having value of securities not exceeding Rupees Two Lakhs, are eligible and have an option, to convert their existing demat account into Basic Services Demat Account (BSDA) at the time of AMC renewal by agreeing to certain terms and conditions as and further agree to pay charges for BSDA as mentioned in Schedule of Charges.* Procedure to opt for BSDA facility during account opening – Client need to provide 2 set of supplementary forms DECLARATION FORM� and �TARIFF SHEET� duly signed and send it along with the KYC form.”
 

What does POA refer to in my Demat Account?

- POA stands for Power of Attorney in DP account where in beneficial Owner appoint Angel broking as an attorney on behalf of him/her for the purpose of Auto Pay-in of shares to exchange to discharge the settlement obligations in respect of securities sold by him/her or for the goal of enabling margin in regard to trading position taken up by BO. Please refer to the POA form in our KYC application for further details.