Angel Broking Consumer Complaints

Angel Broking Detail

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.. Angel Broking IPO Live Updates ... Know more about Angel Broking

Complaint against Angel Broking Broker

Contact Angel Broking - Request Call Back
Name:Phone
EmailCity
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Are you a day trader?

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.

Angel Broking Consumer Complaints

Exchange Financial Year Number of Clients   ? Total Complaints  ? %
BSE 2020-21 193,313 26 0.01%
NSE 2020-21 1,221,008 1149 0.09%
BSE 2019-20 192,599 54 0.03%
NSE 2019-20 576,414 400 0.07%
NSE 2018-19 414,831 226 0.05%
BSE 2017-18 226,661 97 0.04%
NSE 2017-18 363,663 356 0.1%
BSE 2016-17 126,507 38 0.03%
NSE 2016-17 230,194 328 0.14%
BSE 2015-16 133,401 68 0.05%
NSE 2015-16 170,808 279 0.16%
BSE 2014-15 120,509 76 0.06%
NSE 2014-15 160,354 198 0.12%
BSE 2013-14 998,740 111 0.01%
NSE 2013-14 140,174 337 0.24%
BSE 2012-13 950,151 187 0.02%
NSE 2012-13 787,923 467 0.06%
BSE 2011-12 875,354 305 0.03%
NSE 2011-12 715,612 385 0.05%

Angel Broking complaint at NSE

2020-212019-202018-19
Defaulter Yes/NoNoNoNo
No. of clients at the beginning of the year
No. of active clients1221008576414414831
No. of complaints received *1149400226
Resolved through the exchange988314212
Non actionable **117170
Advised / Opted for arbitration120
Pending for redressal with exchange436714
No. of arbitration filed by clients25146
Decided by arbitrators in favour of the clients1496
Decided by the arbitrators710
Pending for redressal with arbitrators1150
% of No. of complaints as against No. of active clients0.090.060.05
% of complaints resolved as against complaints received96.2583.2593.8

Angel Broking complaint at BSE

2020-212019-202017-18
Defaulter Yes/NoNoNoNo
No. of clients at the beginning of the year390051418116581343000
No. of active clients193313192599226661
No. of complaints received *265497
Resolved through the exchange204889
Non actionable **010
Advised / Opted for arbitration013
Pending for redressal with exchange669
No. of arbitration filed by clients020
Decided by arbitrators in favour of the clients000
Decided by the arbitrators000
Pending for redressal with arbitrators020
% of No. of complaints as against No. of active clients0.010.030.04
% of complaints resolved as against complaints received76.9288.8991.75

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

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.

     

Contact Angel Broking

Name:Phone
EmailCity
State
Are you a day trader?

60 Comments

RISHAB  CHAUDHARY
60. RISHAB CHAUDHARY  Feb 25, 2021 17:20 I Like It. | Report Abuse Reply 0
please dont use angel broking as they are scammers
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.
shobhit
59. shobhit  Feb 12, 2021 22:08 I Like It. | Report Abuse Reply 0
Deducted 800 rs for 2 lots(nifty).don't go with that.
Rishabh
58. Rishabh  Jan 31, 2021 13:32 I Like It. | Report Abuse Reply 0
Worst application.broker bhi paise manta he trade krvane ke or call dene ke vo bhi cash. mere sath 60000 ka ford Kiya angle ke broker ne don't use this application
Nitin
57. Nitin  Jan 10, 2021 16:25 I Like It. | Report Abuse Reply 0
IT IS REQUEST TO PEOPLE
BE AWARE FROM ANGEL BROKING ADVISEMENT, BROKERAGE RATE & CALL
Thay are looting people,
pls. don't open demat account with angel broking.
Worst system, worst advice & support
System hang when u required to book profit.
Also No zero brokerage, only advertised on website.
Pls inform people to do not open account
WORS...WORST...WORST
Gami Jitesh
56. Gami Jitesh  Jan 1, 2021 15:58 I Like It. | Report Abuse Reply 0
They blocked my fund and many times fined me however enough fund my account no response from call center or on email. Please do not open your demate in this Angel broking.
Now please guide me how to complain to Sebi regarding my fund.
Does Sebi response or not?
Raksha khandelwal
55. Raksha khandelwal  Dec 26, 2020 07:27 I Like It. | Report Abuse Reply 0
I have withdrawn the fund but it's 7-8 days I hwve not received
I have also sold 3 shares but received money only for 2 company shares and that too less
Nowp they pare not picking call
Sarathy
54. Sarathy  Dec 20, 2020 02:40 I Like It. | Report Abuse Reply 0
Recently I opened account in Angel broking and its worst broking company, their mobile application is really useless and can't believe and not reliable, most of the time at starting of trading session particularly from 9Am to 10 AM not working also from 3 to 3:30 faced same problem, its look they are miss using client by simply delaying or intentionally make software to hang or lagging to take benefit of counter trading. Please don't open, better open in 5 paisa its looks good. Zerodha also cheater because they are not giving margin for delivery even if you pledge share, zeroda want forcefully make square before 3:10 for all intraday trading and lost many time. for zeroda and angel not advisable.
Ravi bhandari
53. Ravi bhandari  Dec 9, 2020 07:18 I Like It. | Report Abuse Reply 0
I received call from angel broking to start platinum service. They told me that they will give me suggestions on my portfolio. Only single well come call I have received. After that I mailed and contact to customer care to refund my amount. But no reply is coming from many days. And person who activate my account, he told be I will be available for you anytime. Now he is not pickup single call.
Madhurjya nath
52. Madhurjya nath  Nov 24, 2020 08:41 I Like It. | Report Abuse Reply 0

Today I was trading with bank nifty Ce 18 lot.. But due to ur technical issues I have lossed INR 30000 .. I did not set stop loss because of angle broking technical issues.. I want my losses back.. ... Even customer care is not helping me.... Angle broking are responsible for this,, solve my issues as soon as possible otherwise I'll take legal action against you people,

Madhurjya nath
51. Madhurjya nath  Nov 24, 2020 08:34 I Like It. | Report Abuse Reply 0

Today I was trade bank nifty Ce 18 lot.. But ur technical issues I lossed 30000 .. I did not set stop loss because of angle broking technical issues.. I want back my lose... I customer care not help.... Angle broking are responsible..

rajesh
50. rajesh  Nov 21, 2020 12:29 I Like It. | Report Abuse Reply 0
I bought a share, when I wish to sell or bought the shares, the app is showing error, it was not trading what I placed, yesterday I sell 283 but today it showing 1600 loss. who will responsible for loss, or close my account, it was fully useless

while receiving notification no is showing in-app. I am paying the brokerage for loss also. what is the service?

I bought the call hold one day back, on the next day the amount was credited to my main account automatically date on (13.11.2020)
This 2 month around 4000 loss

Kindly find the Error screen short

WORST WORST WORST!!!!!!
ashish
49. ashish  Jun 12, 2019 21:42 I Like It. | Report Abuse Reply 0
worst application ever......limit order not properly execute in some order....very bed
vinod kumar
49.1. vinod kumar  Nov 20, 2020 15:03 I Like It. | Report Abuse 0
Please inform people not open account with Angel Broking as they looted people on account of different heading. they did'nt reply on calling. This is a gang for looting
sanjay
48. sanjay  Sep 26, 2020 17:33 I Like It. | Report Abuse Reply 0
They says it's zero brokerage but when you buy they added Additional Brokerage charge that is more than normal brokerage, that's how they are fooling people. Nothing is free.
subh
48.1. subh  Sep 29, 2020 22:44 I Like It. | Report Abuse 0
same thing happened t me. Website telling zero brockrage for equity but they charged 30 as additional brokrage .







sharath nair
48.2. sharath nair  Nov 19, 2020 19:48 I Like It. | Report Abuse 0
Exactly. Why the hell are they charging additional brokerage of 30 and also their dp charges are not proper according to me.Very bad experience.Never should i have opened an account with them.
Ashwin
47. Ashwin  Jun 11, 2020 18:08 I Like It. | Report Abuse Reply 0
Angel Broking Pvt Ltd has charged me Rs.5,000 citing subscription to Platinum Advisory Services. I have not enrolled in or subscribed to any such services, I have not received any emails regarding the same. This happened on 09.06.2020. I raised the issue on 09.06.2020 itself, however I have not heard back. When I raised this issue on Social Media, that's when I noticed that several clients have been charged without their knowledge and permission.
What kind of scheme is this? Since when do they have right to subscribe and charge clients/investors without their consent? Since when did unauthorised transactions become okay? This is not a mistake. It is a deliberate act, and they didn't even have the courtesy to mention that this is happening.
Their Customer Support team is a joke, they do not respond to emails. Their customer support team contact numbers are never reachable.
Sachin bhinge
47.1. Sachin bhinge  Sep 29, 2020 22:06 I Like It. | Report Abuse 0
Muze angel broking platnium Advisory cancel karna hai fundamentals stock nahi dete ho na hi intraday stock dete ho kuch bhi stock nahi deto faltu stock me investment karneka kaheta advisor manager kehata hai muze advisory cancel karna hai mere paise refund chyaiye
Swapan Mandal
47.2. Swapan Mandal  Nov 9, 2020 12:10 I Like It. | Report Abuse 0
My 5000/-cheated of ARQ platinum service. I do not want any finamcial service. But debit 5000/- in my account. I claimed for refund.
Dinesh Sahu
46. Dinesh Sahu  Oct 24, 2020 19:03 I Like It. | Report Abuse Reply 0
Dear All,

Firstly, don't open the trading account in angel broking. There are treated to the customer as a worker. They are very rude on the phone call answer.
I had placed an order for muthoot finance at 1351 on July 30 holding amount Rs 84000 but on the day it show 72000 they debit my 12000 amount.

I called more than trice time on 022-40174040 and all support number to get the answer of my issue. I had word with Harshit Kumar Saame Khan and other also she started some new stories on phone instead of giving proper response of question and problem .I dropped an email to her and Talked to HOD.

Now, I have a question why should I opened my account in angel broking, If everything I have to do from my side so guys, please think more than thrice time before opening trading an account in Angel Broking. Services are very disgusting and horrible.

Shamshad Ali
45. Shamshad Ali  Oct 6, 2020 17:34 I Like It. | Report Abuse Reply 0
Started an IPO on CAMS Ltd on 23September one application was put in it and one application was canceled
But blocked the money of Three applicant in my bank account
Please un fridge my money No reply to mail
Azad
44. Azad  Sep 16, 2020 10:58 I Like It. | Report Abuse Reply 0
This is really cheater I cannot sold my share there
And no response of executive. I will try many times but they not any response
Dharni
43. Dharni  Aug 29, 2020 23:26 I Like It. | Report Abuse Reply 0
The cheater company ...they don't show the exact charges for which they had deducted...they don't show the transaction on one page in the apps ....you will never get back your hard earnings after investing through angel broking.... customer service is worthless...
Ritik bhati
42. Ritik bhati  Aug 22, 2020 15:33 I Like It. | Report Abuse Reply 0
Many angel broking may account khola tha or share Khareda 7000rs ke or angel broking ne mera account lock kar diya ab or ab koi bhi customer care number nhi lag raha h anger broking ek froud company h
Dipesh Chaudhary
41. Dipesh Chaudhary  Aug 19, 2020 20:42 I Like It. | Report Abuse Reply 0
Worst customer support. While buying/ booking profit,they show Admin rejection. Cannot buy/ sell without placing a phone call,which may take 3-4 hours since all lines are busy. WORST WORST WORST!!!!!!








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