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Angel Broking Complaints

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Incorporated in 1987, Angel Broking is one of the largest full-service retail brokers in India offering online discount brokerage services. 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.. ... Know more about Angel Broking

Complaint against Angel Broking Broker

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 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.

Angel Broking Complaints

Exchange Financial Year Total Complaints Active Clients
BSE 2021-22 37 511,580
NSE 2021-22 646 2,306,570
BSE 2020-21 26 193,313
NSE 2020-21 1501 1,564,667
BSE 2019-20 54 192,599
NSE 2019-20 400 576,414
NSE 2018-19 226 414,831
BSE 2017-18 97 226,661
NSE 2017-18 356 363,663
BSE 2016-17 38 126,507
NSE 2016-17 328 230,194
BSE 2015-16 68 133,401
NSE 2015-16 279 170,808
BSE 2014-15 76 120,509
NSE 2014-15 198 160,354
BSE 2013-14 111 998,740
NSE 2013-14 337 140,174
BSE 2012-13 187 950,151
NSE 2012-13 467 787,923
BSE 2011-12 305 875,354
NSE 2011-12 385 715,612

Angel Broking complaint at NSE

2021-222020-212019-20
Active Clients23065701564667576414
Complaints6461501400
Resolved through the exchange2801191314
Non actionable30224517
Advised / Opted for arbitration012
Pending for redressal with exchange646467
No. of arbitration filed by clients52614
Decided by arbitrators in favour of the clients4239
Decided by the arbitrators2111
Pending for redressal with arbitrators135

Angel Broking complaint at BSE

2021-222020-212019-20
Active Clients511580193313192599
Complaints372654
Resolved through the exchange292048
Non actionable401
Advised / Opted for arbitration001
Pending for redressal with exchange866
No. of arbitration filed by clients002
Decided by arbitrators in favour of the clients000
Decided by the arbitrators000
Pending for redressal with arbitrators002

Note:

  • * Including against its sub brokers, authorised persons, employees, etc.
  • ** Non actionable means the complaint that are incomplete / outside the scope of the Stock Exchange

Angel Broking Special Offers

Discount Brokerage Plan (Flat Rate Pricing)

Get a full-service trading account with discount broker pricing. Pay Rs 0 brokerage for equity delivery and flat Rs 20 brokerage for Intraday and F&O trades. Get high-quality research reports and personalized services for free. Open Instant Account and start trading in just a few minutes.

Frequently Asked Questions

  1. 1. How to close Angel trading account?

    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

    1. Download the Angel Broking Account Closure Form
    2. Print, fill and sign it.
    3. Submit the paper form to the branch office.
    4. Or courier it to the address mentioned in the form.

    Note:

    • Accounts cannot be closed online or through customer care.
    • Clear all dues before closing your account.
    • All account holders in case of joint accounts must sign it.
    • Make sure to follow-up after you submit the form. In most cases, it takes multiple follow-ups for account closure.

     


79 Comments

79. Pankaj Malunjkar  Oct 11, 2021 19:24 I Like It. | Report Abuse Reply
It is worst application.
Today nothing was working.
Totally frustrated.
78. Subburajdude  Oct 11, 2021 11:15 I Like It. | Report Abuse Reply
S938924 this is my angel id. Friday I buy 10lots banknifty. Today it's up 170 point up. But my order not showing in position. Am trying to contact angel brokage customer care last 2 hour but busy
77. Mafhavi  Sep 28, 2021 12:57 I Like It. | Report Abuse Reply
We are already account in Angel broking and my id is c30478....we will send pay in in this account not credited...waste service for both who are taking me account so please deactivate my account

Thanks

76. Divyesh Kumbhani  Feb 26, 2021 11:24 I Like It. | Report Abuse Reply
Angel broking is the biggest fraud company in India, i have opened the account in 3 days ago & i have transferred the fund in my demat account. after 2 days my account is blocked without any reason. no anyone take it seriously to resolve my issue. soch a big liar company
76.1. Somi Rani  Sep 20, 2021 15:36 I Like It. | Report Abuse
In the morning it was intentionally hanging the application.this thief application
75. Rajaneesh Kataru  Sep 13, 2021 19:56 I Like It. | Report Abuse Reply
Angel broking is cheating people with so called sub brokership. They ask for 50k without which they don't enroll membership but for closure you have to chase them to at least respond over emails.

I would sincerely suggest do not join as a stock sub broker with angel broking.
74. Hareshbhai Agola  Aug 16, 2021 22:40 I Like It. | Report Abuse Reply
Angel broking not executed technical issues to all customer loss karva rahi hai, sabke sath cheating kar Rani hai,yesi company bandh karvane ki complain sab log kijye...
73. Priyanka Jain  Jul 15, 2021 14:08 I Like It. | Report Abuse Reply
Angel executive have no details abt F& O because of angel broking mistake I have loss around 4000 today . So how angel ll pay back my money wat a
72. Akshay Kumar sharma  Jul 13, 2021 23:50 I Like It. | Report Abuse Reply
poor services/unprofessional team & behavior Most of the time app not working properly Regular technical glitches.No one call back.Suggest not opt this broker at all.Technoligically backward.
71. NAND KISHORE PARMAR  Jul 9, 2021 23:35 I Like It. | Report Abuse Reply

Dear,
Who is responsible my heavy loss dated 22.06.2021 beacuse it's glitch and trading time your application is very very hanging, trading time rate are not display it's showing many times 0. All are my issue only responsible Angel Broking very very worst application why my issue not resolve till date it's prove Angel broking worst services, worst support your company all focus only adding new customer and only focus company income not responsible customer issue why. Every time same and worst reply for your side. I'm already proved and many times present my wrong trade proof why not proper investigate it's prove your technical problem and your worst technical team are sleeping till date not resolve my issue it's totally fault worst Angel application and I'm already send many mail my screen shots of wrong trade. I want my reversal amount 63240/-with compensation and brokerage. And your executive blamming me why. I want my reversal I'm not responsible your worst services. If not refund my amount I'm issue legal Against Angel Broking because I have very huge loss many times it's totally wrong.
70. Anand  Jul 8, 2021 18:46 I Like It. | Report Abuse Reply
Today i lost a huge amount as the orders were not executed.
I bought nifty 15800 pe and was unable to squareoff and it leads to a huge loss.
Every time i squareoff , the order was pending and the losses increased.I could hav easily earned a gud profit if was able to square off at right time.
69. Samaresh  Jun 21, 2021 15:14 I Like It. | Report Abuse Reply
Hi Team Angel,

I spoke to the customer care executive regarding my account re-activation and it has been more than a month and yet no action has been taken. I have told my concern over the call at least 4 times and yet the account has not been re-activated. First of all, it's seems to be a tedious task to get in touch with the customer care executives. Today I have called at least 20 times and not even once their call has got connected. The last time I spoke to the executive, he said it'll be activated within a week and now it has been more than 2 weeks but the same results.
Disappointed with the service of Angel Broking!
My client ID is D48601.

Hope necessary action would be taken asap.

Or else I will have to close this Demat and look for better options outside!

Thanks.
68. Syed Naushad Noor  Jun 17, 2021 04:09 I Like It. | Report Abuse Reply
TODAY UNPROFESSIONAL WORK DONE BY ANGEL BROKING_ CUSTOMER ID- S710095

TODAY (DATE: - 16-06-2021) WITHOUT INFORMING ME (NO MASSAGE, MAIL, OR ANY CALL RECEIVED TILL 02:19 PM) YOU SELL MY SHARES (EXIDEIND RS. 194.74 AND QUANTITY 396).

I HAVE LOCKED MY COMPLAIN BY CALLING TO YOUR CUSTOMER CARE AT 16/06/2021, 1:54 PM (I have your call recordings, if you want then i will share with you)

YOUR MASSAGE OF INTIMATION / ALERT " Dear Client (S710095), Please pay Rs. 76309 by 5.30 pm tomorrow to avoid your shares being sold on 18/06/2021. Click here to pay angbrk.in/sr/cF9Udk. Please ignore, if paid - Angel Broking " RECEIVED ME AFTER MY COMPLAINT LOCKED i.e., date: 16/06/2021, 2:20 pm (screenshot and your mail received pdf also attached).


DUE TO YOUR TODAYS UNPROFESSIONAL WORK, I HAVE LOST MY MONEY AND SHARES TODAY (screenshot attached) AND HENCE I NEED FULL AMOUNT REFUND (MY LOSSES) WITH COMPENSATION, AS EARLY AS POSSIBLE.


IT IS MY HUMBLE REQUEST TO YOU, PLEASE DONT SELL MY SHARES WITHOUT INFORMING ME IN WRITTEN (EITHER BY MAIL OR MASSAGE).

If you don't stop such unprofessional practice, then I will leave Angel Broking As Early As Possible.

For More Details and clarifications , please contact me on my given number.
67. Ashwin  Jun 10, 2021 18:10 I Like It. | Report Abuse Reply
I had huge issue with the orders not getting executed. Order status is still pending and my money shows blocked. Order status is still pending even after market is closed. I fear my money is blocked with me even knowing it. Please return my every penny. Had 40k odd in my account in the morning and it is showing only 11k. Please help me. Please return my money.
As today is expiry any orders if triggered might have been left with being squared off by angel broking and that would result in not even getting a single penny. PleAse return my money. This is totally unacceptable.
67.1. Anky  Jun 10, 2021 18:32 I Like It. | Report Abuse
Same with me, Order is showing in pending status as forwarded and margin money was hold by angel broking. I placed bank nifty order but this was not placed and gone into pending order. after that there is no option in web as well as in app to cancel, exit or modify the order. it is still showing in pending order in my App. Refund my full margin hold by you.I have many screen shot of this and the same call became zero at the end of the market hour in front of me but my order is still showing pending. I could earn the profit after placing the order but could not due to this technical issue. This is very dangerous
66. PRABHAKAR KHANDAGLE  Jun 10, 2021 15:50 I Like It. | Report Abuse Reply
Dear Sir ,
my Name is Prabhakar Khandagale today dated 10/06-2021 i purchase Nifty 50 17 Lots but i am not sell 17 Lots it is bar bar exit me jane bad bhi mere lots exit nahi ho rahe the mera pura paisa 0 ban Gaya bar bar customer care call karto raha lekin kush aashil nahi mera pure 4000 rupee pani chala gaya
65. Neelam  Jun 10, 2021 14:22 I Like It. | Report Abuse Reply
Hi Team Angle..

I am facing issues while modifying / cancelling my orders
Tried from both web and mobie app, nothing is working.....

Helpdesk num not getting connected...
What the hell is this on weekly expiry day

If I get into any intraday loss due to this, I will not be paying for that and that should be credited back to me.

pls find the screen attached...

Thnx
User ID N133337
65.1. Ramesh  Jun 10, 2021 15:07 I Like It. | Report Abuse
I had the same issue today i ran in huge loss due to app issue. orders were not executed. I tried calling customer car, sent email with screenshots but no help. I was not able to trade from 1 to 3. As today was expiry i lost opportunity to earn profits today.
Need urgent support on this issue.
Thanks,
User ID : R329611
65.2. Karthik  Jun 10, 2021 15:18 I Like It. | Report Abuse
Yes same issue me too faced today. Omg i lost Rs.2600/-
Worst customer service no one picking the call and finally i beared the loss. Its purely software problem.
64. Ramesh  Jun 10, 2021 15:08 I Like It. | Report Abuse Reply
Hi, I faced issue with Angel broking App today, I ran into huge loss due to app issue. orders were not executed. I tried calling customer car, sent email with screenshots but no help. I was not able to trade from 1 to 3. As today was expiry i lost opportunity to earn profits today.
Need urgent support on this issue.
Thanks,
User ID : R329611
63. Thilaka  May 19, 2021 19:08 I Like It. | Report Abuse Reply
Do not use angel broking app..
First of all it have lots of technical problems second they wont respond at our worst.
No option to communicate our quires(no phone number nothing)..
My balance stuck with angel broking from last one month n every time i communicate through mail they send me a automated mail.
That's it..
Nothing else happen...
Kindly help me out with an option to place complaint against this broker.
62. Balaka Dasgupta  May 6, 2021 19:53 I Like It. | Report Abuse Reply
Hi,I am Balaka Dasgupta from kolkata, I have a demat account with angel broking which UCC code:B61979.As i am unable to invest because of financial issues i want to close my demat as soon as possible.so please close my demat account.
61. Amit Gupta  Apr 18, 2021 23:17 I Like It. | Report Abuse Reply
I applied for share buyback through the email recieved from Angel Broking, but those shares were not tendered to the company. In this situation where can I complaint against Angel Broking. Please guide me..
60. Vijay Singh  Mar 7, 2021 14:17 I Like It. | Report Abuse Reply
I bought 266 lots of nifty 14700 pe &60 lots of 14759pe on 24/02/21 and after half an hour when I tried to book my profit of 220000/-there was glitches in Angel broking app & my positions were not shared off. Then after some time a news came of technical fault in NSE that was continue up to 3.45pm . And when nifty open again ar 3.45pm then I tried to sqare off my positions again &again from 3.45 to 5pm but due to frequent glitches in Angel broking app, my positions were not squared off & the next day I had to face a big loss of 1131154.5/- due to Angel Broking App. Please solve the issue. Client Code V107114
60.1. Sudhir Deshmukh  Apr 1, 2021 22:27 I Like It. | Report Abuse
Sir,
Please launch complain against them at NSE & SEBI. I am already file complain against them. Angel broking having poor software platform. With me 3 times technical glitch happen.