Free Trading + Demat Account

Angel Broking Stock Trading, Demat, Brokerage and Reviews

Angel Broking Logo

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

119 votes  Rate Angel Broking

Overall Rating Fees Brokerage Usability Customer Service
Rated 3.2 stars Rated 3.2 stars Rated 3.3 stars Rated 3.3 stars Rated 3.1 stars
158. Angel Client  May 3, 2016 6:02:23 PM IST Reply
Very Bad!!!
This people are not giving proper support while we call to service executive.
When i request to buy shares which i have sold already for the day, they didn''t brought that shares and now they detected money from my account as a penalty and when i went to there office they are initiating each and every Clint to trade in F&O segment which is very new to all clients and those who have started newly in stock market.

To generate more brokerage they will conduct classes (DON''T GO FOR A CUP OF TEA& BISCUIT) in which they will initiate to trade in F&O which you don''t now to do.

Angel client,
157. Akshay karpe  Apr 27, 2016 11:15:02 AM IST Reply
Very bad experience with angel broking, too bad, only brokrage game. They only insist to trade in options as brokrage is more and also not think of clients at all.
Do not open account at angel broking, they will sqeeze out ur whole account.


Brokerage - Below Average
Account Maintenance Fees - Average
Website Usability - Below Average
Customer Service - Very Poor
Overall Experience - Very Poor
156. Hariom Mudgil  Apr 21, 2016 1:09:34 PM IST Reply
Angel Broking Agency works only for the sake of Broking only. Totally un-experience staff posted by the Company. They do not care about the loss of the client.


Brokerage - Average
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
155. vishalsingh  Apr 15, 2016 1:07:59 AM IST Reply
I was want to open my account with angel.
Bun after read masages about query and many problem. I am confused now. And answered by angel broking had not satisfied. So after all this situation I can''t like to open account with angel.
154. vekariya ketan  Apr 11, 2016 5:13:51 PM IST Reply
very expensive brockarage in option.i charged in nifty option double side.i quiet from angle bronking shift another broking house
153. r rajashekar  Apr 10, 2016 1:32:04 AM IST Reply
poor intraday missing candles 5 day chart,missing candles historic chart,desabled help topic for indicator,high brokerage


Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Above Average
Overall Experience - Very Poor
152. abhilash  Apr 7, 2016 10:46:16 AM IST Reply
it has very low brokerage and account opening charges..


Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Customer Service - Excellent
Overall Experience - Excellent
151. ramjeevan vishnoi  Apr 5, 2016 7:34:35 PM IST Reply
angel staff is very notirias person. i feel that jodhpur branch. every staff personaly trade in market. market news updation do no giving.


Brokerage - Average
Account Maintenance Fees - Average
Website Usability - Average
Customer Service - Very Poor
Overall Experience - Below Average
150. chetanchature  Apr 4, 2016 6:08:38 PM IST Reply
mene yaha pe apne paise laga ke pachata rahaaan logo ko aapke paiso se ya aapki mehnat ki kamiai se bilkul bhi lena dena nai he........sirf inko matlab he to aapne brokrage se.....bhale aap option lo ya intraday lo yaaa our kuch bhi lo aap ko ye duba ke hi to inki advisory itni kabil he na inke log........batao 10 bar me se agar aapko 1 ya maximum 2 call positive me ja rahe he our usme bhiu benifit 500 rs ya 1000 rs ka raha he....wo bhi inka brokrage jane ke bad .......ese me to baki ke 8 call me hum to loote ja rahe he na....50000rs aapne laga kar aap aap ko 10 mese 1 ya 2 call me binifit mila ke 1 ya galti se 2 call positive jane bad 1000 ya 1500 mil rahe he our baki ke 8 call me avragelyy 8 se 9000rs ka loss ho raha he to to kulhadi per pe nai kulhadi pe pair marne wali bat ho gai......muje itna teqnikal knowlage nai he.......but ye log kehte he ki sir aapko knowlage nai he na to hum aapki our se aapke paise lagainge aap sirf confiorm kehna our bad me ek ya maximum 2 call pe positeve respoce wo bhi 30 ya 40000 invest karke 1 ya 2000 milehua dikhake khush karte hain our baki me wo kisi bhi nai bande ya bandi ko bitha ke portfolio manage karne ke liye kahte he to yarrr bakio me to loss hi hona he our inki advisory to massha allah......sabse faltu bakwas ye bohot gusse main aake jan bujhke hindi me type kar rah hu taki koi mere jesa inki chugul me fas raha ho to wo bach jaye.......pleees plees opless koi inke sath invest na karo.......meri dilse ye baddua he inke liye inhone mujhe dimagi our mali tour pe itna sataya he ke kya bataye.......plees koi inke sath me deal na karo


Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
150.1. dilip  Jul 10, 2016 2:16:26 PM IST
Chetan bhai thanks. Me bhi angel me account Kholne wala tha ab to bhul ke bhi nahi kholunga.
149. Arun  Apr 4, 2016 8:47:23 AM IST Reply
Hello - I am trying to open a NRI DEMAT/Trading account for equity delivery (And may be later F&O). I spoke to someone I think from your mumbai office and got 50 paisa brokerage for equity delivery (when I was in india and used Angel sometime in 2007-2010 the charges were 10paisa) , can you guys give a better brokerages for delivery than what is mentioned to me for NRI account @50 paisa? I would like to transfer my substantial holding into Angel DP is getting favorable brokerage.
I am currently in USA

148. Pradeep  Mar 30, 2016 1:16:55 PM IST Reply
I was given a plan called Angel Preferred of Rs. 25,000/- for which they promised a brokerage for Equity Delivery as 0.24% but they are charging me 0.5% on both Buy & Sell for Equity Delivery, I am cheated and completely unhappy with there service.

As my transaction is between 20 Lakh and 35 lakh they should provide me a brokerage of 0.128 % but they are charging me 0.5 %. And no response from there team as well.

Client Code : P63433
147. Nagamani G  Mar 24, 2016 10:58:51 PM IST Reply
I opted to open opon the phone call of Angel beleiving their promisses. After that, their representative, Mr Kadiresh and Prasad came to our house. They told us, Angel offers competitive brokerages and facilities which others are not giving. They told me, if initial deposit is between 60,000 to 1,00,000 they offer less than 0.01% for intra day and 0.08-0.1% delivery. And, there is no hidden charges except government charges like stt, st etc other than above. First 3 years dp amc charges are waived, if interested, can opt for lifelong free dp amc facility. I told them, I am a small investor, who buy now n then in small quantities, hence, brokerage should be in promissed rates irrespective of quantity or value.

Without my consent they opened free life time DP ac by deducting about 2900 from my initial deposit. Their person taken signatures from me on the papers and told me they do a favourable terms. Now they are saying that I have signed on the option, since logged in, it is not possible to revert. But, they done without my verbal consent before logged in.

Reality is quite different. They do''''t give proper answer, deduct hefty charges for delivery buying.saying charges according to some prescribed value of trading. Ex If we buy shares of value 30,000 your brokerage is 30 or if you buy one share of any value brokerage is also 30/. It is nothing but cheating the customers with false promisses and then deducting money like blood sucking linch.
146. Naresh  Mar 19, 2016 8:10:17 AM IST Reply
client id:N37051 One of worst broker . Avoid using angel broking .


Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Below Average
Overall Experience - Very Poor
146.1. Naresh  Mar 23, 2016 10:42:11 AM IST
I am closing the account with you after using it for 5 years... Now my friends and office colleagues are also planning to move out from your services
145. Seetharamaiah VV  Mar 18, 2016 4:39:29 PM IST Reply
For currency Options Trading, charges are very hefty and wrongly calculated. When asked for clarification, no one provides proper answer.

It was told there no DMAT Account AMC. However they do charge.

Reports / bill generated - keep changing the format.

For currency derivatives - Do not generate proper reports. Inspite of calling and explaining, no one rectifies the problem.


Brokerage - Below Average
Account Maintenance Fees - Below Average
Website Usability - Average
Customer Service - Below Average
Overall Experience - Below Average
144. SAIKAT PATRA  Mar 11, 2016 12:18:41 AM IST Reply
Angel Broking is best for my side....I am using it now only 20 days.
Please let me know that my account balance showing in Angle Eye Android Mobile app as -5000.

I want to know what is the interest rate if margin balance is negative?
My client cod S155838. Please do the needful

143. Praveen  Mar 9, 2016 10:47:10 PM IST Reply
CLIENT Code P75648, I opened account with you before 3 days, brokerage told me after giving cheque for 1 lac account opening is 12.8 for one lac for delivery. Now when I m transacting I am getting 250rs for 1 lac. How could be such a vast deference. No software training, No support. Once you get money and that''s end. Is it so?
143.1. Angel Broking  Mar 11, 2016 9:59:44 AM IST
Dear Praveen,
As per our telephonic conversation dated 10.03.2016, we confirm that your query has been addressed and resolved. Do let us know if we can be of any further assistance.
142. shahnawaz  Mar 2, 2016 4:59:43 PM IST Reply
Feedback ID:-2702160010

Fraud and cheating by angel broking company

My name is Shahnawaz Khan My Client code is NEHR5771 on 13-Feb-2016 with
deposited of Rs. 25,00.00. I am totally new in share market. I got a call
from Angel Broking marketing officer Manish +91 9990129927 he told me sir
please open Demat Account it very good for SIP/Equity plan and he insist to
meat on working day then I refused to me on same day and I told him I am
available on Sunday. Therefore he came to my hoon Sunday he wants few
document I clearly told him that I don’t know about demat account and how
to handle it. Then he told me that Angel Broking relationship manager will
come to your hoand gave you software training then only I agree to open
the account. I Clearly told him that I want only SIP or Equity Account only
and don’t open a intraday account, Angel Broking marketing officer said yes
on every question I asked him. I also asked for brokerage charges on per 1
unit share and also need software training for managing account myself not
want any executive for buying my equity share, then Angel Broking marketing
officer agree on every point and assure me that only 0.15paisa will be
if you buy 1000 the brokerage
charge will be 150 and 14% tax only and no other extra charges will be
apply). Angle marketing officer told me we provide you Relationship Officer
Name Relationship Manager Hemant. when your account opened he call you and
gave you a software training.

After 5 day

My demat account was opened with Client ID: NEHR5771

I got a call from Relationship Manager Hemant (Angel Broking Relationship
Manager) on first day he told me there was a very good call.

I told him I don’t understand what are your saying. I replied him that I
want a software training as your marketing officer said. Then his refused
to give any training and if you want training you can came to Connaught
place office. I clearly told him that I don’t want any online or phone
training. I only want face to face training as I told Manish (Angel Broking
Marketing Officer) then he deny again and again. I told him if i have time
I can came to your office for training and don’t call me again for
purchasing any share on which I don’t have any knowledge or experience
about it.

After 2 Days:- I got a female executive call from Angel Broking company.
Then she said sir, why are you not start a trading with our experienced
officer. I also Said to her that I don’t want any phone call or angle
officer for equity trading and don’t call for same again and again.

After 3-4 Days:- I again got a phone call from Angel Broking officer
Relationship Manager Hemant +91 9718824369/+91 9716964853/
+911145191683/+911145191682 between 12:30 and said sir bahut ache call hai
mai buy kar raha ho and I told him I don’t want any purchase on phone where
I can’t se what is going with my money. Then He said Sir aise kaise chalega
and he forced me 4 -5 time sir buy kar lo rate high ho raha hai or mujhe
samaj mai bhi nahi aa raha tha ki hemant kis ko buy karne ko keh raha hai.
I told him tumhe kharidna hai toh kharid lo mujhe nahi pata.phir buy karta
hai or bolta hai sir maine buy karliya hai. As I Know I have only opened a
Equity account not a Intraday Account and I don’t understand why he would
hemant (Angel Broking officer )buy share in intraday where I don’t have
knowledge of any trading. He not gave me any software training on single
day and why he forcing me to buy share.

On next 20min he loose my money around 3000-4000/- and said loss ho gaya
sir, hum loss recover kar lege then I again hemant called me after 30 min
sir lose call hai puty buy karte hai lose cover ho jayega. Then again he
forced me sir buy karte hai I said him I don’t know how to see trading on
my demat account and don’t know how to manage and you calling me to buy
puty share I asked him what is this puty hemant said sir puty hai or ise
puty kahte hai then he pressured me sir online Angel Broking speed pro
downkaro or login karke share buy karo (As I Know I clearly told my
Relationship Manager i.e. Hemant that don’t call me for buy anything unless
you gave me Software training. why he calling me to buy share on urgent
basis I don’t understant). Then he buy equity share 150 share for sunfarma
and 150 share for Hindustan uniliver. Next day he loose my money again
around 7000-8000/- and said sir loss hogaya hai hum isse next call mai loss
recover kar lege then again he forced sir mai le raha ho 520 share mujhe ye
samajh mai nahi aa raha tha ki account or paisa mera tha or training ke
bina 520 share buy kar raha hai hemant pata nahi kiu aisa kar raha Angel
Broking officer hemant maire sath. Sir buy kar lo share call hai sir hum
ce/pe/banknify/puty par kelege.

(I don’t Understant what is this ce/pe/banknifty/puty/call bina koi
training ke or insab ce pe banknifty puty kiya hai mujhe guid bhi nahi kar
ki ye sab ka working function kiya hai or share buy kar raha hai hemant who
bhi huge quantity mai)

3 times he buy 520 share and lose my money again and again.

Therefore next day again he called sir market bahut hachi hai 1050 share
buy kar raha ho mai sir jaldi batao 3.90 paisa ka mil raha hai. He forced
me sir buy karlo jaldi batao price uppar jaa raha hai jaldi batao and he
buy it by pressurize me too much and after 12:30 he told me sir bahut
nuksan ho gaya hai 80-90paise mai nikal raha ho

(Hemant know forced me to sell on 0.80 paise becahe got his brokerage
amount 2.666paisa on every 1 share 1050unit share)

I Clearly tell your sir that Angel Broking marketing officer Manish never
opened my Demat Account but he open Demat Account for Relationship Manager

1. I Request Manish to Open my Demat account only for Equity buy Not for
Intraday business.

2. I asked Marketing Officer Manish 2-3times what is the brokerage
charges and I need software training and not want any one to call me for
buying share

3. Manish guaranted and assure that the brokerage charges is 0.15 per
point and if you buy the share there will no brokerage charges on a single

4. I Clearly said to Hemant Relationshiop Manager on phone that I need a
demat account and software training and if you not have time to trained me
the software then don’t call me (I call you when I am free)

5. I Clearly Said to Female executive of angle broking that don’t call
for buying share with your experienced officer. (Now I see How well trained
Misguiding and forcing the client to buy share without giving him any
knowledge about how to do trade)

6. I Clearly Asked Relationship Manager Hemant what is Rs 2 on every
share then he said sir kharcha hai ye (0.15 ka charge bataya tha per share
or ye kharcha to buy or sell karne par lagraha hai = 5.32) why hemant
hiding brokerage charges? And Why Hemant is charging 2.666 instead of
charging me actual value of brokerage is 0.15 as manish told me

7. My Relationship Manager Never pic my phone in evening for clarify the
trade and never explain the trading bill.

8. Sir in Last Sir Hemant nai daily brokerage profit banane kai liye
intraday mai trading kari hai janbujhkar client ke paise se koi matlab
nahi hai profit ho ya nuksan le brokerage banni chahiye tabhi usene itne
sare share buy kare details as follow:

Buy 150x2.66 =399 + Rs 25.00

Sell 150x2.66 =399 + Rs 35.00

Buy 150x2.66 =399 + Rs 865.65

Sell 150x2.66 =399 + Rs 838.15

Buy 150x2.66 =399 + Rs 883.90

Sell 150x2.66 =399 + Rs 889.58

Buy 510x2.66 =1383.2 + Rs 30.00

Sell 510x2.66 =1383.2 + Rs 24.00

Buy 510x2.66 =1383.2 + Rs 26.00

Sell 510x2.66 =1383.2 + Rs 17.00

Buy 1020x2.66 =2713 + Rs 20.00

Sell 1020x2.66 =2713 + Rs 30.00

Buy 1050x2.66 =2793 + Rs 2.95

Sell 1050x2.66 =2793 + Rs 0.80

9. That why Angel Broking Relationship Manager Hemant Buy Huge Quantity
in 3Day for making Huge Brokereage amount (Please refund my brokerage
charges above 0.15)

Today 26th Feb I calling Relationship Manager Hemant and Angel Broking
Marketing Officer Manish That you told me 0.15 for 1 share unit and
Relationship Manager Hemant charged me 2.666 on every buy and sell. Now
after I told him He never Pick my phone and not answering after I called
him from my friends mobile then didn’t answer why 0.15 is not charging and
asked for refund my all 25000/- money back and he end the call twice. Sir
Now I am Raising my complaint regarding this Fraud, cheating and misguide
about the Equity account….

Sir I am a salaried person not a business man Its my hard earned money. Angel Broking marketing agent I just opened It for Investment not for trading and your relationship manager Relationship Manager Hemant misguide me and forced me for all transaction and if you see my several recorded call I totally deny.

So. Please reimburse high brokerage charges applied on my account in 3 days and rollback the remaining money in my account. Its My Humble request please refund my 25000/- to my saving account and I don’t want equity account any more.

Thanks for your Service………….
Thanks & Regards,
Shahnawaz Khan
142.1. RAHUL  Mar 2, 2016 8:33:25 PM IST
Dear Shahnawaz,
I am thanksful that you have raised this issue of misguiding and forcefully trading have been done by your RM , As I have also been misguided by my RM Mr. Tirumal regarding obtion charges, intraday trading charges and a no of all other things, I am really disappointed with my unskilled and misguider Relationship Manager as wel as company high brokerage charges of Equity obtions n others, So now I have also decided to move my account in another broker firm. Although I dont understand why Angle Broking company don''''t want his customer for a long time run, By misguiding your customer company can earn more profit / brokerage for a short time only, but For a long run company always loose their genuine customers. After getting disappointed with company, today I have checked company customer oriented business Graph , Which is downwards from 2012 continuousally Now I after reading a No of compaints of others and with my personnel experience, I will nethier recommend to anyone nor want to continue. I would like to suggest to all readers that always go with good broker who dont provide any relationship manager bcaz Relationship Manager always focus to eat your available Fund for his brokerage only not for any guidance or relationship , they always guide according to his profits only not yours ,so Aware.
142.2. bikash  Mar 5, 2016 10:42:29 PM IST
Dear Shahanawaz ,

There is no different account for intraday and equity...even if for SIP no different account is required. Same demat account will handle all Intraday, positional, future , option etc...even some can handle ur MF investing .. Nvr give permission to ur broker to buy share for you ...just buy share urself ..very minimum amount to understand the market...if u have interest u can learn else leave market. ..brokers work for company not for you ...Any broker you go , they will suck ur blood like this if u give them permission to buy and sell on behalf of you. I have account in HDFC and ventura..... HDFC good customer care but brokerage eating my profits ....ventura is good but software is confusing ...but good customer care (not good as HDFC)....
141. Rajendren  Feb 12, 2016 5:27:32 PM IST Reply
One of the worst broker in india.Idiots.. last week one of their executive said me that brokerage for stock option is 100 for both buy and sell.But they are now charging 100 for buy and 100 for 200. now next one of their executive said they will give 6 limit for f&o. We can carry forward that for 3days with 1% penalty charge and after 3days they will charge 5%.but after started trading they are saying limit only for intraday. And last two days their angel eye for smartphone is not working fine.Today morning they simply say angel eye is beta version and angel eye only full version.but in android app they are commenting switch to angel eye for better experience. Have any sense on your comment . Due to late order I almost lost 4k in last todays. Dely in stock update..And today their mob app not working they are saying simply that not working... how do I check my trade and how can i sell ??? Who is responsible for my money....they are having buch of idiots. Never ever think to open Acc in Angel. Its my fate to come back again to angel.Am quiting again but won''t ever think of angel broking.
140. Manu  Feb 8, 2016 10:35:47 AM IST Reply
Please Don''t Angel brokers though on paper may sound cheaper than others lots of hidden charges and u will lose ur nerves talking to them other brokerage are lot better at least no hidden charges ,have clarity and no mental agony.
139. Gopal Mishra  Feb 8, 2016 7:57:26 AM IST Reply
My client id is NEHR5493 There are many hidden charges like dp charge, settlement charge, late fee charge.
139.1. Angel Broking  Feb 9, 2016 1:57:58 PM IST
Hi Gopal, We tried to contact you, however, we were unable to get in touch with you. We have responded to your query via mail providing you with the clarification of charges with a bifurcation attached.

Enquire Angel Broking Trading Account:

Are you a day trader?
By Popular Stock Brokers
ProStocks, The Flat Rate Discount Stock Broker
Flat Fee Broker

Rs 899 Unlimited Equity
Rs 499 Unlimited Curr
or Rs 15 per Trade

Lowest Transaction Charge
Lowest Call & Trade Fee
Lowest Stamp Duty

FREE Trading + Demat Acct

Flat Rs 20 Per Trade
Free Equity Delivery Trades

Rs 100 off on account opening* + 100% brokerage refund if in 60 days you have made net profits

Enquire Now
(* on online account opening)

Intraday @ 0.02%
Delivery @ 0.15%

Rs 0 account opening fee
(Rs 400 waived)

Request Demo

RKSV Discount Broker  RKSV

Ditch & Switch

Switch to RKSV and earn brokerage credit of Rs 2000

Get RKSV Trading Account

Beginner, seasoned investor, active trader or HNI. Get customised solutions.

Rs 0 account opening fee on Online Trading + Demat Acct
(Rs 1150 waived)

Request Call Back

More About Brokers

Special Offers Broker Reports

Message Board

Stock Message Board