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Angel Broking

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 Broking

Angel Broking Stock Broker Review Ratings

79 votes  Rate Angel Broking

Overall Rating Fees Brokerage Usability Customer Service
Rated 3.2 stars Rated 3.2 stars Rated 3.4 stars Rated 3.4 stars Rated 3.2 stars
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85. Naresh kumar Madan  Jul 20, 2013 10:51:35 AM IST Reply
Angel broking Dawarka branch
Client code DARKA912
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84. KS RAO  Jun 19, 2013 9:40:13 PM IST Reply
Why CD Equisearch is not in the list of brokers? Can anybody explain?
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84.1. rana  Aug 2, 2013 8:04:02 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.
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83. ASHUTOSH JHA  May 22, 2013 5:58:31 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
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82. ASHUTOSH JHA  May 18, 2013 9:47:15 PM IST Reply
I WANT TO OPEN TRADING N DEMAT ACCOUNT WITH ANGEL BUT THEY SAYS RS 25000 IS NECESSARY AS A MARGIN CHEQUE ,

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82.1. rst  May 19, 2013 9:20:39 AM IST
Yeah
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
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81. shrikant  May 16, 2013 12:58:03 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
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81.1. rst  May 19, 2013 9:28:11 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
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81.2. amit  Jun 22, 2013 7:14:15 PM IST
Hi,
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.
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80. rst  May 14, 2013 7:51:25 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)"
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79. rst  May 4, 2013 6:17:53 PM IST Reply
I have opened account with Angel brokers.
It will activate within one week.
Then BELOW facts will be clear to me
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78. rst  May 2, 2013 12:56:46 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 .


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78.1. rst  May 2, 2013 1:19:30 PM IST
I have doubt about above facts.

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77. Santosh Gupta  Apr 1, 2013 2:01:04 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
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76. alok  Mar 24, 2013 2:27:41 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.
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75. HARI OM  Jan 2, 2013 12:17:10 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.
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74. ajit singh  Dec 21, 2012 6:57:53 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 .........
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73. M. Pavan Kumar  Nov 22, 2012 9:13:04 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.
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72. Satish Kumar  Nov 7, 2012 1:40:25 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 etc.to 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.
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71. Angel Trade Customer  Oct 22, 2012 5:04:41 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'.
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70. Annoyedwithangelbroking  Oct 3, 2012 11:58:00 AM 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.
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69. Seema  Sep 21, 2012 8:24:59 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.
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1st Reply from Angel Broking on this matter
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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.

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2nd Reply from Angel Broking on this matter
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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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68. sunny  Sep 18, 2012 10:44:01 PM IST Reply
It is the worst company for share broking, The worst part is customer service. I had an account with them in 2011 march , but had closed it june 2011 only. The reason whenever I called them up they picked the phone very rare. If even they picked it up also u will be on hold and again when they ask you after 15 minutes after hold position , you to to repeat your things . again they will hold you , as they got busy with the colleagues and other things . CRM IS POOR . NO RESPONSIVENESS . THIS HAD HAPPENED NOT ONLY ONCE BUT MANY TIMES ALSO. I AM TALKING ABT DELHI JANAKPURI BRANCH. SO IN JUNE ITSELF I''VE OPENED ACCOUNT IN IIFL AND STILL WORKING IN IT , AS I AM A DAILY TRADER IN ALL EQUITY , CURRENCY, COMMODITY AND TURNOVER IS ALSO GOOD. I''m not saying IIFL IS 100 percent but ya comparatively service is good , only problem with TT TRADE TERMINAL SOME TIME.
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67. Manish  Sep 14, 2012 8:13:19 PM IST Reply
Really very big cheaters when it comes to brokerage. They tell u some diff thing and do some different thing at their end. Better to go with sharekhan bcoz even they charge the same brokerage. sharekhans min brokerage is rs16 but for angel its rs30. So if u deal with small amts or if u r new to this field then its surely u will only end up paying big brokerage to angel and making a big loss. its rs.30 + service taxes. Can someone suggest me a better stock broker with min brokerage. Will need to close my a/c an get y shares transferred to my new a/c
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66. chandan Bhugra  Sep 11, 2012 10:04:04 PM IST Reply
this is my true feedback , angel people are only willing to get maximum amount of brokerage by their clients, any how .they sell there stocks without consulting you, they insist you to buy maximum shares even if you don''t want to buy as much. end of the day they leave you with stop loss but their daily target get achieved. i am also having my trading account with angel so i know them better.
advertisement are different saying but real thing is different.

i suggest everyone to please beware of angel people.


chandan Bhugra

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