2.87% 426,716 Clients
Angel Broking is Mumbai India based stock broker offering trading, investment and advisory services to retail customer. Angel Broking has a network of over 8,500 branches, sub brokers and franchisees.
Angel offers products and services including Equity Trading, Currency Trading, Commodity Trading, Mutual Funds, IPO, Life Insurance, Depository Services (Demat Account) and NRI Trading Account. Angel also provide services like Portfolio Management Services (PMS) and Investment Advisory.
With over 10 lakh customers and presence in over 900 cities in India, Angel is among the most popular stock broker in India.
Depository services or demat account is one of the key services offered by Angel though a 2-in-1 account. The 2-in-1 account include trading and demat account.
Demat account holds shares, mutual funds, bonds etc. electronically, in a very similar manner where bank account holds money. The demat account allows customers to buy or sell the shares electronically without any paperwork.
Angel is registered as a Depository Participant with Central Depository Services Limited (CDSL).
Angel Broking offers 2 demat account schemes:
In this scheme, with one time upfront payment of Rs 1250, customer can get lifetime zero AMC demat account.
In this scheme, customer does pay any upfront money but Rs 300 is charged yearly as Annual Maintenance Charge (AMC).
All other fees remain same for both the plans.
To open a new demat account with Angel Broking, the customer has to pay demat account opening charges. Brokers also charge an Annual Maintenance Charges (AMC), a yearly fee to maintain the demat account.
Service | Charges |
---|---|
Demat Account Opening Fee | ₹0 |
Demat Account Annual Charges (AMC) | ₹450 (from 2nd year onwards) |
Sr | Services | Scheme - Lifetime Free AMC | Scheme - Investor |
---|---|---|---|
1 | One Time Upfront Fee | ₹1250 | ₹0 |
2 | Annual Maintenance Charges (AMC) | No AMC | ₹300 per year |
3 | Deliveries/ Debit transaction | ||
a | Within Angel | ₹11 per ISIN | |
b | Outside Angel | ₹21 per ISIN | |
4 | Charges for Pledge creation / Pledge closure | ₹25 per ISIN | |
5 | Charges for applying for certain corporate benefits (e.g. Right issue, Buy back etc) on behalf of client for shares held with Angel |
₹11 Request | |
6 | Dematerialization | ₹10 per certificate and ₹30 per DRF request for postage charges plus ₹30 per rejection | |
7 | Rematerialization | Actual CDSL charges plus ₹30 per request towards postal charges | |
8 | Additional DIS requisition | ₹25 booklet | |
9 | Additional Request for account statement or Holding with valuation, freeze & Unfreeze etc. | ₹25 Request |
Get full-service brokerage plan with discount broker pricing. Brokerage free equity delivery trading (truly no brokerage) and pay flat ₹20 brokerage for Intraday and F&O trades. Get high-quality research reports and personalized services for free. To open an account with Zerodha, simply leave your contact information with us and Angel Broking representatives will call you.
Free equity delivery trading (truly no brokerage) and Flat ₹20 Intraday and F&O trade brokerage. Get the offer
Information on this page was last updated on Wednesday, December 4, 2019
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