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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

110 votes  Rate Angel Broking

Overall Rating Fees Brokerage Usability Customer Service
Rated 3.2 stars Rated 3.2 stars Rated 3.3 stars Rated 3.4 stars Rated 3.1 stars
135. ravi kiran  Jan 25, 2016 8:45:59 PM IST Reply
customer service is very good, website usability is good and overall experience is good


Brokerage - Above Average
Account Maintenance Fees - Above Average
Website Usability - Excellent
Customer Service - Excellent
Overall Experience - Above Average
134. MNK  Jan 25, 2016 6:01:27 PM IST Reply
Dear Sir,

My client code is M34012 and I am one of your loyal client since longtime.
My complaint is regarding high brokerage Settlement charges) taken by you compare to other brokers.

You are offer new customers reasonable brokerage while ignore to existing.

Kind request to be genuine and match my brokerage to other as mention above.

I expect, you will look in to matter and resolve.

134.1. Angel Broking  Jan 27, 2016 5:07:15 PM IST
Thank you for providing your details. We will get in touch with you soon.
134.2. Angel Broking  Feb 10, 2016 11:10:45 AM IST
Hi Mr. Karia,
This is with reference to your query pertaining to brokerage reduction as per our telephonic conversation dated 10.02.2016.
We have addressed the same and have sent an email to your registered email id with Feedback ID 2701160718
For any further assistance in this regards, you can directly get in touch with Branch Manager Mr. Alok on 079-40903400/40903700.
Thank you for giving us the opportunity to serve you.
134.3. MNK  Feb 10, 2016 2:43:37 PM IST

Query pertaining to brokerage has not been addressed.
You still taking 30/p and minimum 30/- brokerage

If I open new account with you, you offer me 12/p as brokerage.
But to old customer you are still charging 30/p and not ready to reduce single penny.

Today, I try to call and trade for delivery base trade, but it is rejected even if I have credit amount as script in your demat.
Strange to know that you have deny to buy script which amount much less than the scripts I have in your demat?

I feel better to go with Zerodha or RKSV.
This is my person opinion based on experience.

134.4. Angel Broking  Feb 19, 2016 10:35:08 AM IST
Dear Mr. Karia,
As per our telephonic conversation dated 19.02.2016 we understand that your above mentioned issues has been resolved.
133. Ramesh Kumar Chowdhury  Jan 23, 2016 10:34:44 AM IST Reply
My ID R88786, I am of 60 years, I was trading and keeping equities in DP with Kotak Securities, one day saw you while searching on net and was impressed with your low brokerage, I filled my interest online and next day your agent/ dealer contacted me and opened the a/c. He asked me to pay a cheque of Rs.25,000/= and told that I will be charged minimum brokerage if I transfer my equities from Kotak to Angel. Although the stocks were in my wife''''s name,we and she was the holding the Kotak DP I convinced her to transfer the shares in my DP, we thought if we are saving in brokerage then there is no harm in transferring.
But after joining you my feeling is not good with you. 1. your dealer provoke the client to do business in options. 2. They charge the maximum brokerage from the new client. 3. They are keeping inexperienced persons to deal in options to whom you have taught only to maximum buy and sale in options , which is giving good brokerage to dealer on buyer-s risk and buyer is always loser.
I have lost sleep after joining you, I want myself to withdraw from you and I will be a happy person if you release me at earliest.
132. Ramesh  Jan 18, 2016 6:57:59 PM IST Reply
I am not satisfied with your today''''s mail try to confirm the margins you were having when I started trading, if you need cash margin then why you hold my equities in margin. R88786
131. Ramesh Chowdhury  Jan 18, 2016 6:44:13 PM IST Reply
My Angel ID R88786, for your information I opened the a/c with you on 02.12.2015 BT paying a cheque of Rs. 25,000/= as margins money, I was told that if I transfer my shares from other DP to your DP and those shares are put on margin and the brokerage will be charged according to margin available in DP. I transferred my shares from Kotak Securities to you as soon as I got the DP a/c no. When I started trading with you my margins was more then Rs. 4 Lacs. When I realised that you are charging excess brokerage I complained to your Kolkata office but there I was dealt in very unprofessional way and I was so irritated that I felt I should move to the courts imimdiatly for the treatment you are giving to your clients, but I thought I should first complain to you if the matter remain unresolved then I may think on future actions.
131.1. Angel Broking  Feb 22, 2016 11:18:51 AM IST
Hi Ramesh,
We have replied to the client through Feedback ID 1801160551 stating that the brokerage has been correctly charged as per the brokerage slab allotted to while account opening.
130. Prashant  Jan 16, 2016 3:57:07 PM IST Reply
I am trading in index option with other broker, I want your brokerage for index options. If your rate is less than I can shift my trading from other broking hoto yours.
130.1. Angel Broking  Jan 16, 2016 4:45:18 PM IST
Hi Prashant,
Kindly share your contact number, location and email id wth us. Our representatives will get in touch with you.
129. Ramesh Kumar Chowdhury  Jan 16, 2016 7:10:29 AM IST Reply
My customer ID is R88786, I am new to Angel Broker, from 7th January I am trading in NSE OPTIONS through my dealer, yesterday I was checking all my contract notes and I found that I have been charged @.667 up to 13th January each unit buy and sale irrespective of rate and Rs.533 each unit on both side from 13th January, Angel has charged me. almost Rs. 50000/= as brokerage for NSE OPTIONS in 7 days.
128. Srinivas  Jan 8, 2016 5:59:06 PM IST Reply
No, I am not still satisfied with the brokerage and hidden charges. you never used deduct DP charges more than 326 Rs /year. This time it''''s 526 and there is some hidden charge on 08 Jan, which i have never seen and paid since I opened the account with you in the last five years. Tried to reach your customer care always keep the call on hold - this is another charge...I already revealed my interest of investing more in stock and for eg: you can check my last two days of transactions.

Guys - can any please suggest is there any better service...
128.1. Srinivas  Jan 8, 2016 6:46:33 PM IST
Whoes reliability is incredible..
127. Srinivas  Jan 2, 2016 11:15:00 AM IST Reply
Hi, my client code is S103550. You can call up on my alt no 9043429670. Adding to all the above comments, you don''t have an experienced staff to explain the things better, either be customer/online trading service. I never be able to talk to my dealer.Very pathetic. I earned a profit of 350 rupees in the last two days. In fact I had debt of -390 as a AMC before started trading after a long time. The account now shows more than 790 debt I thought the debt would have been reliefed by earned profit but nothing reflected. I hav a plan of investing more money in stock in the next couple of weeks. If an experienced staff call up and explain the above and brokerage/debt, as well as other details pertaining to transferring funds from other non registered bank account, that would be great. Nonetheless, you got a very nice online trading platform.
127.1. Mohan  Jan 2, 2016 11:57:49 AM IST
I jus spoke to Cust Care..It s really awful, your brokerage is highest among all peers. I strictly don''t recommend you to anyone..i bought nhpc at 21.10 and sold at 21.15 intra day only.. After checking p/l ac, i realized and confirmed, for each share, the brokerage is 4 paisa. If it translates to 100 rupees, it would be 20 PAISA for each100 for intra day..this sucks really a lot.. Do I have to recommend the same to my folks???

You have to note that your franchise is no more in operation in my do you still maintain the highest brokerage, even after moving all the accounts to head office, Hyderabad.
127.2. Angel Broking  Jan 7, 2016 10:52:06 AM IST
Hi Srinivas,
As per our telephonic conversation today, your queries related to brokerage and ledger detail has been explained to your satisfaction.
Further, the contact number of Hyderabad branch representative Mr. Rakesh is as requested by you.
Thank you for giving us the opportunity to serve you.
126. Shaik Gulam dastagir  Jan 1, 2016 10:49:12 PM IST Reply
I Gulam Dastagir I''d is S153370 from Hyderabad I open account I am new in trade and i do not get any support from staff even I call they do not receives the phones and unexperienced staff non support staff I loss 2500 rupees in one day bcz they do not response to me I have done mistakes in trade . they speaks like illiterate persons . I am trying for days to contact I am busy I will call u apun dekhlege much problem nahi hai such like language
126.1. Angel Broking  Jan 5, 2016 7:30:55 PM IST
Hi, we are sorry to hear about your loss. Based on the information provided, we will look into resolving this at the earliest.
126.2. Angel Broking  Jan 7, 2016 10:50:44 AM IST
We understand our Branch Manager has spoken with you in this regard and Mr. Rabin Ghimire has been assigned to you as the dealer as requested by you.
126.3. Vignesh  Feb 4, 2016 10:01:58 AM IST
This is their way of business. They are good in convincing customers to make losses.
125. Aachal  Dec 21, 2015 12:18:03 AM IST Reply
Cheaters only harres people. Their marketing people spread miscommunication and they do false commitment about brokerage and services. They also put certain terms and conditions which is not discussed at the time of account opening.


Brokerage - Very Poor
Account Maintenance Fees - Below Average
Website Usability - Average
Customer Service - Very Poor
Overall Experience - Very Poor
125.1. Angel Broking  Dec 22, 2015 1:39:10 PM IST
Hi Aachal,
We will look to resolve this at the earliest.
125.2. Angel Broking  Dec 22, 2015 3:36:45 PM IST
Hi Aachal,
We value your relationship with Angel Broking Ltd. We acknowledge the receipt of your service complaint.Your issue is important to us and has been forwarded to the concerned department, your issue is being given due attention and endeavor to complete in next 3 working days.Your co-operation in the interim is highly appreciated.Also, kindly note your Feedback ID 2212150474 for any future reference.
124. Aachal  Dec 21, 2015 12:14:22 AM IST Reply
The services are pathetic and this company only cheat innocent customers and not listening to them even after many complaints. I opened an A/c with client code DELL3759 where the marketing personnel promised me so many stuffs and in reality they provided nothing and overcharging the commission promised to me and drastic deficiency in services. When I complaint to the bm he also totally overlooked my complaint.
Angel Broking are bunch of crooks don''t trust them and I m recommending every one to withdraw there hard earned money as they are cheaters.

123. Siddharth Damle  Dec 4, 2015 3:30:27 PM IST Reply
Kindly note that the information is misguiding because angelbroking has a minimum brokerage of Rs.30 per transaction. They do not disclose it upfront. BEWARE!!!!
123.1. Angel Broking  Feb 4, 2016 10:09:49 AM IST
Our employees don''t know about those charges. Sorry for any inconvenience.
123.2. Vishal  Feb 12, 2016 5:04:40 AM IST
What a shame, they are saying their employees don''t know these charges, then how we are charged???
I m also looted through NSE options, got margin of 1293, but they took 830 Rs. So angel is earning on risk of us. Shameful. V58327
122. Siddharth  Dec 4, 2015 3:07:35 PM IST Reply
Brokerage promised was 0.2% on delivery. In actuality the brokerage was 0.2% or Rs.30/- per transaction. That means only if you transaction value is over and above Rs.15000 then only your brokerage will amount to 0.2%. Suppose you decide to buy shares amounting to Rs.1000/- then your brokerage will amount to Rs.30/- i.e 3% instead of Rs.2/- as promised. So basically its nothing but LIE, CHEAT & STEAL.


Brokerage - Very Poor
Account Maintenance Fees - Below Average
Website Usability - Very Poor
Customer Service - Below Average
Overall Experience - Very Poor
122.1. Prakash Sharma  Dec 13, 2015 10:54:15 AM IST
So which is best for
1. Trader
2. More as investor
121. Jitendra  Nov 30, 2015 5:13:36 PM IST Reply
Service is very bad... if you are not facing any problem then they will creat one for you


Brokerage - Below Average
Account Maintenance Fees - Below Average
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
120. Mangesh  Nov 26, 2015 3:10:43 PM IST Reply
Believe me angle broking is very careless depository I loosed my 10000 Rs in just 3 days non-experience staff and they will insist you to trade in future and options to get more brokerage
119. Amey Kadam  Nov 16, 2015 4:34:59 PM IST Reply


Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Customer Service - Excellent
Overall Experience - Excellent
118. ritesh  Nov 13, 2015 11:51:43 PM IST Reply
Client code R87131

Pathetic advisory and experts .I have lost almost 50,000 listening to them . Many hidden charges and high brokerage. their only target is anyhow tell clients to do more transaction.

By giving wrong information , they will try to square of all shares each day
117. Sunny  Oct 6, 2015 12:31:51 AM IST Reply
Angel is good n reliable n I think this is the best brokerage firm if one knows trading. Here money is safe if u r a short term active trader. They follow var margin they clear only deficient amount not the whole amount, which is quite helpful. I lost more than 4 lac in Motilal Oswal as they sq. off after t+4 days. Here o m minting money with confidence. Only advise is don''t blindly follow ur mangers call. First lean the market n then start investing. Never invest ur money in a single company. Always diversity ur portfolio across sectors.
Only mobile Android App is pathetic compared to Motilal Oswal.
116. Alok Kumar and  Sep 23, 2015 1:29:18 AM IST Reply
First they told me that you can carry your exposures for unlimited time. I doubted on it and asked about any other charges and they said nothing. Now they deduct charges and when I asked what is this, they said we charge 18 % p.a. ONLY for your exposure beyond your cash amount after T+2. What rubbish is this. Only T+2 ? They will provoke you to buy and then send message that please clear your debit balance to avoid square off. They said for brokerage of 2paisa but charges 30.

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