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 Angel Trade Customer Reviews, Complaints, Experiences & True Feedback

Angel Trade

Angel Group has emerged as one of the top 3 retail broking houses in India. Incorporated in 1987, it has memberships on BSE, NSE and the two leading commodity exchanges in India i.e. NCDEX & MCX. Angel is also registered as a depository participant w... Know more about Angel Trade

Stock Broker Review Ratings

Overall Rating Fees Brokerage Usability Customer Service 42 votes
Rated 3.6 stars Rated 3.3 stars Rated 3.6 stars Rated 3.6 stars Rated 3.5 stars Rate

94. Gaurav bisht  Jun 25, 2013 10:40:37 PM IST |  Reply 

angel are very high brokrage and service are not satisfied me its very costly brokage

93. KS RAO  Jun 19, 2013 10:40:13 PM IST |  Reply 

Why CD Equisearch is not in the list of brokers? Can anybody explain?

93.1. rana  Aug 02, 2013 9:04:02 PM IST | 

CD Equisearch is not a genuine broker. They have lot of plain talks but they dont even answer to your queries. I have tried till their top level but no use.
Better be careful if you even think of opening an account with CD Equi.Dont fall for their marketing gimmick about their owner becayou will not deal with him and his subordinates would just not bother to sortout your problem.

92. rst  Jun 13, 2013 6:31:26 PM IST |  Reply 

With such high brokage ,one will not be able to earn profit

Go for Zerodha

I started profit in option nifty after joing Zerodha

92.1. shaila parab  Dec 27, 2013 10:27:05 PM IST | 

Dear sir,
I give training for Equity & option call/put. After training it is possible to earn huge proft by selecting right script at right time. If interested contact:9969452472/9869405887

91. rst  Jun 05, 2013 9:50:42 PM IST |  Reply 

Angel is charging rs 50 per lot in option trading

90. ASHUTOSH JHA  May 22, 2013 6:58:31 PM IST |  Reply 

i said will give 10000 margin cheque angel r.m said sir give 25k right now after 1 st trade u can withdraw ur whole amt,thn i want to know why angel made this rule

89. ASHUTOSH JHA  May 18, 2013 10:47:15 PM IST |  Reply 


89.1. rst  May 19, 2013 10:20:39 AM IST | 

Its true
I also gave them rs 25,500 cheque (plus one cancellation cheque)
They opened my account in one week
They sent me customer Id and password in my mobile

88. shrikant  May 16, 2013 1:58:03 PM IST |  Reply 

iam open trading account in angel broking .before trade we cheque my account 32000 credit that day we brought 4 bank nifty lot on current rate afterthat bank nifty comedown we having 20000 loss on this trade i quare up my possition next day we cheque my ledure 26000 debit showing in my ledger subbroker telling to clear debit we pay 26000 when we telling all matter he is not except my request angel broking is not costmmer support comany please rwfund my balance. every one stay away from angel broking like sharda citfund 0000000000 fund

88.1. rst  May 19, 2013 10:28:11 AM IST | 

I think you bought your lot in "call" OPTION
Don''t trust their customer support

I always trade in cash (intraday)
I think money loss is less in cash trade as compare to option and future

88.2. Angel Broking  Jun 19, 2013 3:59:14 PM IST | 

Dear Shrikant, we would request you to please provide us with your client code for speedy assistance. You can also call our customer care department at 33551111.

88.3. amit  Jun 22, 2013 8:14:15 PM IST | 

Dealer called my wife even she got introductory call from angle. Without telling complete details of nifty option (like what is lot)...he brought 9000 units....our account do not have that margin or capacity with sustain loss.....also I have proof where final billing has sell price mistake which also incurred 3000/- loss....when i asked dealer how many times of margin amount is given to investor to trade in options ...he said it can 10..20 ..30% ...without know the KYC of customer. They charged 9000/- as brokerage charges on these lots .....they are just making money keeping investor in loss and using their money. They did not tell the loss incurred. I am going to SEBI and file a case against them...i have all evidence of malpractice they are doing....i have asked them for call recording of transaction. They fooled me.

87. rst  May 14, 2013 8:51:25 PM IST |  Reply 

Today I earned rs 73 through Angel brokers in NSE
But in my account they showed only rs 31
So they deducted rs 42 as tax
they are LIARS.

Before opening account
They said "Intraday trading tax (0.04%) include all taxes
like service tax,STT,stamp duty etc.( initial margin
cheque is more than 25000)"

87.1. Angel Broking  Jun 19, 2013 3:56:00 PM IST | 

Dear Client, we would request you to please provide us with your client code for speedy assistance. You can also call our customer care department at 33551111.

86. rst  May 04, 2013 7:17:53 PM IST |  Reply 

I have opened account with Angel brokers.
It will activate within one week.
Then BELOW facts will be clear to me

85. rst  May 02, 2013 1:56:46 PM IST |  Reply 

I want to open trading account with angel brokers.

1)They said that Intraday trading tax (0.04%) include all taxes
like service tax,STT,stamp duty etc.( initial margin
cheque is more than 25000)

2)It is possible to transfer money from brokage account to
saving account if banks are ICICI,AXIS,SBI .

85.1. rst  May 02, 2013 2:19:30 PM IST | 

I have doubt about above facts.

84. Santosh Gupta  Apr 01, 2013 3:01:04 AM IST |  Reply 

i had opened account at angel in 2010 but i have not used so far i stay at mulund and the branch is vile parle. i want to transfer my account in mulund branch and need to change bank details is it possible? if yes so i will start treding in angel if no then i will have to swith off the account.. My Client Code S85818

83. alok  Mar 24, 2013 3:27:41 AM IST |  Reply 

how much time that it will take to open a trading account with angel brokers and how much they charge for an intraday trading of about 1 lakh.

82. Arvindlal Rana  Feb 22, 2013 10:07:33 PM IST |  Reply 

Expressing regrets for the complaints & Inconveniences is not solution for the broking like ANGEL. It spoils your goodwill & credibility. I am your client since six years. I have all such type of problems & inconveniences. Repeated request & follow up also not solve the problems.
My Suggestion is to carry out client survey every six month to resolve & improve customer services. After all this is customer service base business. Constant efforts to improve services will give great benefits & yield to the business. This should cover to your franchises, there infrastructure & services. Also there approach towards the client should be positive.

82.1. Angel Broking  Apr 06, 2013 3:32:52 PM IST | 

Dear Arvindlal, We regret for the inconveniences caused if any.we would request you to assist us with your client code for speedy assistance. We would assure you that your feedback will be taken seriously and will always try to improve our services accordingly.

81. HARI OM  Jan 02, 2013 1:17:10 AM IST |  Reply 

i m not happy with services angel brooking. this company have no rule regulation . RM IS VERY RUDE AND Miss BEHAVING.ALL TIME TRADING ONLY FOR BROKERAGE NOT CLIENT FAVOR. I HAVE SUFFER MANY TIME. THIS COMPANY IS NOT GOOD FOR INVESTOR ONLY GOOD FOR OWN. Angel currency department is not good. i feel that the comapny is only for faking agreement with client.

81.1. Angel Broking  Jan 24, 2013 3:54:36 PM IST | 

Dear Hari, we sincerely regret the inconvenience caused. Request you to provide us with your client code so that we can address the concern at the earliest.

80. ajit singh  Dec 21, 2012 7:57:53 AM IST |  Reply 

i m not happy for ur servies ur works is sooo lazy not proper time i only say u just stop ur working work and stop ur company....ur dealer is soooo stupid asking call 5 mint and 7 days gooo not call can i take a court case to against ur company .........

80.1. Angel Broking  Jan 24, 2013 3:52:34 PM IST | 

Dear Ajit, we sincerely regret the inconvenience caused. Request you to provide us with your client code so that we can address the concern at the earliest.

79. M. Pavan Kumar  Nov 22, 2012 10:13:04 PM IST |  Reply 

I had very bad experience with Angel Broking, Nagpur Branch. The personnel at Angel Broking firm are not aware of rules and regulations of SEBI!. How can they provide good services (Except saying "We regrett" -)")?. Never open trading/demat account with Angel Broking.

79.1. Angel Broking  Apr 29, 2013 4:34:00 PM IST | 

Dear Pavan, we would request you to please provide us with your client code for speedy assistance. You can also call our customer care department at 33551111.

78. Satish Kumar  Nov 07, 2012 2:40:25 PM IST |  Reply 

Hi my Satish kumar UP. I m going to open Account with Angel Broking. but my friend Harish alredy opened a Account with Angel.He say me and prove me, that he call Dehradun Branch Phone No. 0135-3058503,501,504,509 any query. Every time tell him that call after 15 minutes. no one answer of his query.
So Now decide, I never open account with Angel Broking and give advice to anyone.

77. Angel Trade Customer  Oct 22, 2012 6:04:41 PM IST |  Reply 

Overall customer service is worst, in fact they do not provide any service, If Angel trade gives buy call the executives will give a sell call. Customers are really confuser what exactly to execute.
They are only interested in brokerage and their target, customers profit and loss doesn't matter for angel.

Rated 'Very Poor' in all categories except website usability which is rated 'Average'.

76. Annoyedwithangelbroking  Oct 03, 2012 12:58:00 PM IST |  Reply 

They are cheaters.

Even if you buy 1 stock the charge will be 30 Rupees. If you buy 100 stocks at Rs 20 and sell 100 stocks at 21 Rupees, you earn 100 Rupees. But you will get only 60 Rupees. They will rob your 40 Rupees with different kind of charges.

Lot of hidden charges, you end up getting miniscule profit.

Online trading application is not user friendly.

Mobile trading application just sucks.

Customer service is very poor. They can't solve your query at all.

76.1. Angel Broking  Oct 11, 2012 1:01:38 PM IST | 

Dear Client, we sincerely regret the inconvenience that might have caused to you. Please provide us with your client code or call our customer care department at 33551111 for further assistance.

75. Seema  Sep 21, 2012 9:24:59 PM IST |  Reply 

It is the sad state of affairs that despite the regulatory control and various regulations the stock brokers like Angel Broking have attitude of DEVIL MAY CARE. This has been demonstrated in my case.

On noting unauthorised transactions made in my account, I vide e-mail dated 16.8.2012 informed Angel Broking Ltd about the unauthorised trading done by their executive in my ID: CP5058 on 14.8.2012. But nothing has been done by them despite various follow by my husband with the officials at CP Branch rather to cover up the wrongs at their end, they are seeking the confirmation of the trades to validate and legalise the act/conduct of the CP Branch executives.

It may be mentioned that their executives have of their own without any instructions or my consent have executed the transactions in my account which has admitted by their executives but are not willing to give in black & white. It is further surprising to note that the transactions in the Future & Options (F&O) segment have also been done, when I have no understanding of it and have given no instructions to trade in F&O.

Not only this, I am also surprised to receive the statement wherein they have levied the account maintenance UTP).

Further, this act of conducting unauthorised transactions of their executives and seeking the confirmation of the trades to validate and legalise the act/conduct of the CP Branch executives which I have refused to confirm (as I did not authorise to the transactions) has resulted in suspension of the account for a month. Further, on my informing the same nothing has been done in the matter till date despite my repeated follow up on the phone and various visits to their office, which has caused undue harassment, mental pain and agony.
1st Reply from Angel Broking on this matter
This is with reference to your email dated 16/08/2012 regarding trade in your account.
As per our telephonic conversation and post our investigation we would like to inform you that trades executed in your trading account on 14/08/2012 under NSEFO & NSE segment were carried out with your consent and the same was informed to you by dealer, also you have received trade confirmation sms and contract note in your
registered mobile number and mail id.

2nd Reply from Angel Broking on this matter
This is with reference to your email regarding trade in your account.
Further to verification of our records, we would like to inform you that our stand remains the same as replied in our previous communication.

I request to all readers who want to open trading account with Angel Broking Pls don''''t go with Angel Broking.
If anybody wants more details on unauthorised trading in my account please talk to my husband on 9871158211.

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