Incorporated in 1987, Angel Broking is one of the largest full-service retail brokers in India. The company offers a wide range of investment and trading services including stock and commodity broking, investment advisory services, margin funding, loans against shares, and financial products distribution.
Angel Broking is a strong neighborhood presence with 110 branches and 11,000 sub-broker offices in 1800+ cities in India as of June 30, 2018..
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Angel Broking brokerage complaints report provide detail about the number of complaints received by the stock exchanges from the Angel Broking customers. The Angel Broking consumer complaints report analyzes the Angel Broking online complaint data provided by BSE and NSE. This report shows the health of the broker.
These complaints are serious grievances against Angel Broking broker which the broker and customer failed to resolve. The customer then filed these legal complaints with the stock exchange.
The Angel Broking complaint no. report also provides Angel Broking’s number of active clients. This shows the growth of the broker year on year.
2020-21 | 2019-20 | 2018-19 | |
---|---|---|---|
Defaulter Yes/No | No | No | No |
No. of clients at the beginning of the year | |||
No. of active clients | 1221008 | 576414 | 414831 |
No. of complaints received * | 1149 | 400 | 226 |
Resolved through the exchange | 988 | 314 | 212 |
Non actionable ** | 117 | 17 | 0 |
Advised / Opted for arbitration | 1 | 2 | 0 |
Pending for redressal with exchange | 43 | 67 | 14 |
No. of arbitration filed by clients | 25 | 14 | 6 |
Decided by arbitrators in favour of the clients | 14 | 9 | 6 |
Decided by the arbitrators | 7 | 1 | 0 |
Pending for redressal with arbitrators | 11 | 5 | 0 |
% of No. of complaints as against No. of active clients | 0.09 | 0.06 | 0.05 |
% of complaints resolved as against complaints received | 96.25 | 83.25 | 93.8 |
2020-21 | 2019-20 | 2017-18 | |
---|---|---|---|
Defaulter Yes/No | No | No | No |
No. of clients at the beginning of the year | 3900514 | 1811658 | 1343000 |
No. of active clients | 193313 | 192599 | 226661 |
No. of complaints received * | 26 | 54 | 97 |
Resolved through the exchange | 20 | 48 | 89 |
Non actionable ** | 0 | 1 | 0 |
Advised / Opted for arbitration | 0 | 1 | 3 |
Pending for redressal with exchange | 6 | 6 | 9 |
No. of arbitration filed by clients | 0 | 2 | 0 |
Decided by arbitrators in favour of the clients | 0 | 0 | 0 |
Decided by the arbitrators | 0 | 0 | 0 |
Pending for redressal with arbitrators | 0 | 2 | 0 |
% of No. of complaints as against No. of active clients | 0.01 | 0.03 | 0.04 |
% of complaints resolved as against complaints received | 76.92 | 88.89 | 91.75 |
Note:
To close the Angel Broking trading account, you need to fill a physical form and submit or courier it to your branch office.
Steps to close Angel Broking Trading Account
Note:
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i am facing rejection in all my orders and I had bought options earlier and due to premium decay it is zero and in a loss of 50k. it was a monthly expiry so had 2 weeks to square off still no one on customer care helped. please don't open deemat account in this counter.