Angel Broking Stock Trading, Demat, Brokerage and Reviews 2021

171.45% 1,564,667 Clients

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..

In Nov 2019, Angel Broking revamped its brokerage plans to compete with the discount stock brokers like Zerodha. Angel Broking now offers flat rate brokerage plan 'Angel iTrade PRIME'. This plan offers to trade in all segments (Intraday, F&O, Currencies & Commodities) at fixed Rs 20 per trade except Equity Delivery, for Equity Delivery there are no charges, it is provided for free to all users. The same simple rate is applicable across exchanges and segments.

Angel Broking is famous for its excellent trading software's and investment advisory. Angel is the first large-size full-service broker offering discount brokerage rates to its customer.

Angel ARQ

Angel ARQ is the company's flagship investment advisory tool. It is a rule-based investment engine (robot) suggesting investment idea to the customers. ARQ offers recommendations for Equity Stocks and Mutual Funds. It uses advanced technologies like Expert Insights, Machine Learning, Cognitive Algorithms and Teraflops of processing power.

ARQ is integrated into the trading software offered by Angel. It works as a personal fund manager for the investors. ARQ is just an advisory tool. It doesn't have any fees or minimum investment commitments. It is up to the customer to follow ARQ advice.

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.

Angel Broking Charges 2021

Angel broking offers one simple trading plan 'Angel iTrade' plan. This online trading plan offers full-service brokerage services with very low brokerage charges which are in line with discount stock brokers in India.

Angel iTrade PRIME (Flat Fee Trading) Plan

Launched in April 2019, Angel iTrade offers premium brokerage services with simplified flat fee pricing. Except for additional Rs 20 call & trade charges, this plan has no hidden charges.

This trading plan offers brokerage and tax saving of 60% to 90% in comparisons to other full-service brokers like Sharekhan, Geojit and ICICI Direct.



Equity Delivery

Flat Rs 0 per trade

Equity Intraday

Flat Rs 20/trade

Equity F&O

Flat Rs 20 per executed order

Currency F&O

Flat Rs 20 per executed order

Commodity F&O

Flat Rs 20 per executed order


  • No minimum margin required for this plan.
  • Trading software's are free to all customers.
  • Research and advisory are free for all customers.
  • It's an online trading plan. Call & Trade is charged at additional Rs 20 per trade.
  • As of April 2019, Angel has stopper offering all other brokerage plans including percentage based plans.

Visit Angel Broking Brokerage Charges Review for more detail.

Special Offer: Brokerage free equity delivery trades, free tips and flat Rs 20 intraday and F&O trade brokerage. Open Instant Account

Angel Broking Online Account Opening

To invest/trade in the stock market with Angel Broking, click here to Open Instant Account online and start investing in just a few minutes.

Angel Broking Trading Software (Angel Broking Trading Platforms)

Angel Broking offers broking services through various web, mobile and installable exe platforms. All these trading platforms are available for free to all the customers.

  1. Angel Broking App (Mobile Trading App)

    It's Android and iOS based mobile application that allows to access markets and trade using smart phone. Trading can be done on Equity and Commodity Markets using this platform.

  2. Angel Broking Trade (Website)

    It is a browser based trading platform. The rates are updated automatically. This platform is useful for investors & traders to access market from different terminals.

  3. Angel SpeedPro (Trading Terminal)

    An application trading platform that provides automatic updates; makes the market accessible to investors from different terminals along with other features.


Visit Angel Broking Trading Software Review for more detail.

Angel Broking Pros and Cons

Angel Broking Pros (Advantages)

The following are the advantages of Angel Broking. You must read Angel Broking advantages and disadvantages before opening an account with Angel Broking. Angel Broking pros and cons help you find if it suits your investment needs.

  1. Full-service brokerage services are available at ultra-low brokerage fees.
  2. Flat fee stockbroker charging Rs 20 per order across segments and exchanges.
  3. Free research and advisory. Comprehensive daily, weekly and specialized research reports from Expert.
  4. Free trading software (website, mobile, and trading terminal).
  5. Verity of investment options like Equity trading, F&O, Commodities, PMS, Mutual Funds, Insurances.
  6. Presence in 100's of cities across India.
  7. 30+ years of industry-leading experience in the brokerage business.
  8. Training and hand holding is available for beginners.
  9. Margin trading facility.
  10. Securities as collateral.
  11. No charges for any fund transfer.

Angel Broking Cons (Disadvantages)

The following are the cons of Angel Broking. Check the list of Angel Broking drawbacks.

  1. Angel Broking doesn't offer 3-in-1 account.
  2. Broker assisted trades (Call & Trade) are charged extra Rs 20 per executed order.

Open Instant Account with Angel Broking

Angel Broking Margin / Exposure

Angel Broking leverage for intraday, delivery, options, currency and commodities.

Equity DeliveryUpto 3x with 24% interest per year
Equity IntradayUpto 10x
Equity FutureUpto 4x
Equity Options3x for shorting
Currency FutureUpto 2x
Currency OptionsUpto 5x for shorting
Commodity Future3x
Commodity Options

Visit Angel Broking Margin Review for more detail.

Angel Broking Ratings

Overall Rating Rated 2.7 stars 2.7/5
Fees Rated 3.0 stars 3.0/5
Brokerage Rated 3.0 stars 3.0/5
Usability Rated 3.1 stars 3.1/5
Customer Service Rated 2.6 stars 2.6/5
Research Capabilities Rated 2.7 stars 2.7/5

Based on 230 Votes by Angel Broking Customers

Do you trade with Angel Broking? Rate Angel Broking

Angel Broking Complaint

The number of Angel Broking customer complaint received by the exchanges. The Angel Broking consumer complaint report helps understanding the Angel Broking Ltd quality and relibility of service.

Exchange Financial Year Number of Clients* Complaints** %
NSE 2020-21 1,564,667 1501 0.1%
BSE 2020-21 193,313 26 0.01%
NSE 2019-20 576,414 400 0.07%
BSE 2019-20 192,599 54 0.03%
NSE 2018-19 414,831 226 0.05%
NSE 2017-18 363,663 356 0.1%
BSE 2017-18 226,661 97 0.04%
NSE 2016-17 230,194 328 0.14%
BSE 2016-17 126,507 38 0.03%
NSE 2015-16 170,808 279 0.16%

* The number of active customers reported by the broker.

** The total number of complaints received against the broker at the given exchange.

Visit Angel Broking Complaints at BSE, NSE and MCX for detail report.

Frequently Asked Questions

  1. 1. What is Angel Broking brokerage charges?

    Angel Broking brokerage charges is Rs 0 (free) for equity delivery trading and flat Rs 20 per executed order for all other segments under its iTradePrime plan. Angel Broking charges flat rate brokerage per executed order. The flat fee is irrespective of the trade value or number of lots in an order.

    Angel Broking also offers a Tradition Plan where the customer is charged in percentage. This plan offers in-person assistance through a local office and relationship manager.

    Angel Broking Brokerage Charges

    Segment Brokerage

    Equity Delivery

    Rs 0 (Free)

    Equity Intraday

    Flat Rs 20 per trade

    Equity F&O

    Flat Rs 20 per trade

    Currency F&O

    Flat Rs 20 per trade

    Commodity F&O

    Flat Rs 20 per trade


    In addition to the brokerage charges, the company also charges:

    • A one-time account opening fee.
    • A Demat AMC fee (free for the first year).
    • Government taxes and other charges.

    Read Brokerage Charges Explained (Brokerage, Taxes, Fees) for more details.



  2. 2. How to close Angel Broking trading account?

    Angel Broking trading account is closed by submitting a signed account closure form to the Angel Broking office or by sending them to the address given in the form.

    Note that you cannot close the Angel Broking account online through email or by contacting customer support on phone. The Angel Broking account closure process is completely offline wherein you have to print, sign and send the paper form.

    Steps to close Angel Broking Trading Account

    1. Download the account closure Form PDF
    2. Take a printout of the form, fill & sign it.
    3. In the case of a joint account, all account holders must sign it.
    4. Submit or Courier the form to your respective Angel Broking office.


    • Close all your open positions before initiating the account closure.
    • Clear all your pending dues including Demat AMC.
    • Sell or transfer all the securities held in the demat account.
    • Withdraw money held in your trading account.

    Make sure to follow up with Angel Broking in case you don't receive any communication from the company on your account closure request in one week.



  3. 3. What is Angel Broking ARQ Score?

    Angel Broking ARQ score is an investment advisory tool to measure the credibility and trustworthiness of stock for long-term investment. It is a rule-based investment engine (robot) that provides investment ideas and recommendations for Equity Stocks and Mutual Funds.

    The platform uses Artificial Intelligence, Machine Learning, and Industry Insights to analyze a stock or a fund. It helps customers pick good stocks without doing complex research on the fundamentals of a company.

    The ARQ score is arrived at by analyzing multiple factors like:

    • Fundamental Strength
    • Corporate Governance
    • Market Cap
    • Return Ratios
    • Total asset base
    • Valuation

    Angel broking ARQ robot scores every stock and Mutual fund on the scale of 0 to 100. The lower ARQ score meaning the stock is weaker. The higher ARQ score represents a stronger fundamental of the stock.



  4. 4. Why Angel Broking?

    Angel Broking is a leading full-service broker in India who also offers online discount brokerage services to its customer. They are among the most trusted brand in the broking industry for over 20 years. They offer one of the best online trading tools.

    Reasons to Open Angel Broking Account

    • A full-service stockbroker that offers research & advisory services.
    • Offers discount brokerage plan for online customers.
    • Brokerage free equity delivery trade to online customers.
    • Charges flat Rs 20 per trade brokerage across all other segments.
    • Facility to invest in mutual funds, IPOs, NCDs & Bonds.
    • Free access to ARQ, an AI-driven recommendation platform.
    • Good mobile, web and desktop trading software.
    • Offers offline services through branches & sub-brokers.
    • Instant account opening is available.

    Key points to note:

    • The online trading plan (iTradePrime) is for customers who can trade by themselves with almost no help from the broker. Do not expect in-person services if you are opting for this plan.
    • For in-person services through a dedicated relationship manager (RM), you should choose the traditional brokerage plan. The brokerage under this plan is very high.



  5. 5. Is Angel Broking safe?

    Yes, Angel Broking is a safe stock broker for trading and investment. Angel Broking is one of the largest stock brokers. They are in the business since 1987. They are a member of BSE, NSE and MCX. They are regulated by SEBI regulations.

    Why Angel Broking is Safe?

    • Angel broking is a publicly-traded company listed at BSE and NSE.
    • Over 3 decades of doing business in India.
    • Physical presence in over 1800 cities across India.
    • A strong network of over 110 branches & 11,000 sub-brokers.
    • The good reputation of its management.
    • Clean business practices with no major regulatory violations.



  6. 6. How to use Angel Broking?

    Once an account is opened with Angel Broking, the customer is ready to trade or invest in stock, currency and commodities. He can choose any of the trading software to trade in the segment.

    Angel Broking Trading software

    • Angel Broking App (Mobile Trading App)
    • Angel SpeedPro (Installable Desktop Software)
    • Angel Broking Trade (Web-based Trading Platform)
    • Angel Bee (Online Platform For Direct Mutual Funds)

    The easiest way to use Angel Broking is by installing the Angel Broking App on the phone. The mobile app gives all the tools needed for trading and investment in stocks, currency, commodity, ETF and IPO. It also provides research and recommendations to help customers trade.



  7. 7. How to invest in mutual funds Angel Broking?

    Angel Broking has an Online Mutual Funds investment app called 'Angel Bee'. The app can be downloaded from Android or Apple app stores.

    There are zero fees or charges for investing in mutual funds through Angel Bee. Typically, in regular funds, you're charged 1 to 2% as commissions.


    Angel Broking Mutual Fund Investment App


    Steps to Invest in Mutual Funds in Angel Broking

    1. Download the 'Angel Bee' app on a smart phone.
    2. Setup Angel Broking account.
    3. Transfer funds into your account.
    4. Choose a fund of your choice from the list available.
    5. Invest in lumpsum or SIP as per your preference.
    6. Go to the Order Book section to check the status of your order.


    • You can pay through Net Banking, Debit Card and UPI.
    • Angel Bee App also has an automated Mutual Fund recommendation feature powered through Angel Broking's proprietary ARQ software. You can check the recommendations to find a good mutual fund for investments.
    • Investments done before 2 pm are processed the same day, and those done after 2 pm are processed on the next working day.



  8. 8. How to buy IPO in Angel Broking?

    Angel Broking offers online IPO applications to its customers. Angel customers can apply in IPOs in two ways using:

    1. Angel Broking IPO application (UPI as Payment Mode)
    2. Net-banking service of the bank where the customer has an account (ASBA)
    1. Angel Broking IPO application (UPI as Payment Mode)

      For applying in an IPO through Angel Broking, a UPI ID is required. A UPI id is a unique ID representing your bank account. You can create the UPI ID from the net-banking mobile app of your bank or using the BHIM app for free.

      Steps for Angel Broking IPO Application (UPI-based)

      1. Log in to Angel Broking apps (mobile or website).
      2. Click on 'More' on the top menu.
      3. Click on 'IPO' from the dropdown.
      4. Choose an IPO and click the 'Apply' button.
      5. Enter UPI ID, investor type, order quantity and price.
      6. Choose the Cutoff-price checkbox if applying in the retail category.
      7. Click 'Apply' to place the IPO order.
      8. A UPI mandate is sent to your UPI App within 2 hours.
      9. Accept the UPI mandate in your UPI App (net-banking or BHIM)
      10. Check the status of your order in the Angel Broking IPO App.
    2. Net-banking IPO Application (ASBA)

      An investor can also apply for an IPO using the online IPO facility offered by your bank using net banking. This facility is offered by all major banks including ICICI, HDFC, SBI, Kotak, etc.

      Steps to apply in IPO using ASBA Net Banking

      1. Log in to the website/mobile app of your bank.
      2. Go to the IPO section.
      3. Choose an IPO from the list and apply.
      4. Enter your Angel Broking demat account number or any other demat account where you want the IPO shares to be credited
      5. Choose Investor Type, enter order quantity and price
      6. Choose the Cutoff-price checkbox if you're applying in the retail category
      7. Review and confirm the IPO order

    Note: The allocated IPO shares are delivered to Angel Broking demat account or any other account mentioned while in the application. You can check IPO allotment status here.




Jyoti P
623. Jyoti P  May 6, 2021 19:51 I Like It. | Report Abuse Reply
After watching some online videos I thought I would go with angel broking but they have Worst customer service, I wish i could rate them in negative.
Their system is not updated so they asked me to put old Bank account no and IFSC code details (My bank was merged), for creating account, later I sent dozens of mail and contacted through customer care no but they did not updated my bank account details for a month, so I could not add funds, so it was useless account, meanwhile I checked their chart but they were not accurate infact the price was changing on second last candle which is unusual. Dont go with angel broking if any undesired circumstance happen they will not help you anyway. Before opening an account one should know that there are some things which can be done only by customer care one more thing there is no proper escalation point of contact. For every complaint you have to escalate them on same level. Finally after a month I wrote a mail to close my account


Brokerage - Below Average
Account Maintenance Fees - Below Average
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
622. rajesh  Apr 25, 2021 11:53 I Like It. | Report Abuse Reply
India no 1 worest broker
many technical issues in app & loss your money so dont take this.
its more time do the technical glich & loss your money


Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
Pankaj kumar Tripathi
621. Pankaj kumar Tripathi  Apr 22, 2021 10:05 I Like It. | Report Abuse Reply
I am using angel Broking from last 07 years. But now i am disappointed with their services and way of working to resolve customer issues. From last four months I have lost my money due to technical issues in their trading platform. Not able to do login since 6 days and yet not resolved, Situation is like this they are not concerned even to answer the emails. There is no escalation working and you will not get support. Do not understand where i have to go for operating my accounts.


Brokerage - Below Average
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Below Average
Customer Service - Very Poor
Overall Experience - Very Poor
620. Vinayak  Apr 18, 2021 09:35 I Like It. | Report Abuse Reply
On 15 april 2021 , Mr bhavin shah from angel broking asked me for account handling and asked me to add 1 lakh rs. I then added 35k only as it was only available.

Later he asked me my account details.

And asked me not to login uptil trade day ends.

I called the person who had opened my account to confirm whether this man bhavin can be trusted. She confirmed that he is from our office only.

Later in mid day around 11am he asked me to add more amount for some trade.

I borrowed and added 12k.

I am a Doctor by profession & work for covid hosp in chembur,mumbai.

When i checked my account after 3.30pm.

I was in 36000 loss.

Later bhavin gave me a no of the broker called Rishab . & bhavin refused to speak to me. I called rishab he said, sir login issue hogaya tha nahi toh sb theek tha ap profit me the.

I said a loss of 36000 over investment of 47000 is a lot of loss i said.

Later he said to recover the loss add more 50000 rs so that i can recover ur account. This man rishab is shameless.

And this does not end here.

Next morning i came to know that a brokerage amounting to 35000 was also deducted frm my account. Which means an investment of 47000 costed me loss of 70000.

And brokerage was earned by angel broking , mr . Rishab cont no.9754753650 & bhavin 7225894928.

They hv cheated me, in this pandemic knowing that i am a covid doctor they can cheat me that shows how big fraudsters they are.

I am posting this review on all platforms


Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
619. MOHIT MITHALAL JAIN  Apr 16, 2021 11:06 I Like It. | Report Abuse Reply


Brokerage - Excellent
Account Maintenance Fees - Above Average
Website Usability - Excellent
Research Capabilities - Excellent
Customer Service - Excellent
Overall Experience - Excellent
618. Tupi  Apr 15, 2021 12:37 I Like It. | Report Abuse Reply
India no 1 worest worest angle brokerage, angle brokerage is cheater, taking more more brokerage. Very very worest worest brokerage. If you want know i will send you with proof. So don't use this brokerage. -1/5 Rating.
617. Kali  Apr 14, 2021 10:26 I Like It. | Report Abuse Reply
It's very worest app for trading and they are taking more charges. Iam suffering angle brokerage because they taking 53 per order brokerage. So don't use this angle brokerage app.. Chose best other app.. Very very very worest worest brokerage. 0/5 rating.
Ashish Sharma
616. Ashish Sharma  Apr 12, 2021 19:53 I Like It. | Report Abuse Reply
I am using angel Broking from last 06 years. But now i am disappointed with their services and way of working to resolve customer issues. From last four months I have lost my money due to technical issues in their trading platform . I requested for the refund , Situation is like this they are not concerned even to answer the emails. There is no escalation working and you will not get support
615. BINU RAJU  Mar 22, 2021 15:39 I Like It. | Report Abuse Reply
Rates not getting updated automatically. Everytime it needs to be refreshed


Brokerage - Above Average
Account Maintenance Fees - Above Average
Website Usability - Above Average
Research Capabilities - Excellent
Customer Service - Excellent
Overall Experience - Excellent
614. Dowg  Mar 20, 2021 11:36 I Like It. | Report Abuse Reply
Angel Broking should change their name to Devil's Broker. Guys don't open your account with angel, i am repenting my decision of investments with angel broking. No support, pathetic software, app & online platform. I have end up making huge losses because of Angel.
Rest you decide, i have told my position.
Disclaimer: still having account with Angel.
613. Dowg  Mar 20, 2021 11:32 I Like It. | Report Abuse Reply
Two word - Chor (Theif) and Incompetent (Nikamma).
612. R DINESH KUMAR  Nov 8, 2020 09:52 I Like It. | Report Abuse Reply
Kind attention all !
Beware all client of Angel broking !

I found This broker is indulged in various innovative kind of fraud to loot customers. They have big team to loot your money. Never use leverage facility of this broker and if you use slowly -slowly they will trap you.
This broker house is not working for benefit to their customer but they design various innovative ways to use your stocks to diminish your investment.
Where you see there they cheat and please keep away from this company specially web based plate form.
I noticed they share your purchase record with operator and may be they them selves are operator. further few scripts if you purchase in quantity and if they purchased on leverage basis very next day the stock price will start decreasing and in few days you will exposed to huge loss.
Also they will never reply your queries and their call centers guy are just dummy and they either unable to solve the genuine problems and they say they will arrange call back but you will never get back a call.
Further even you hold the stock and when you want to sale you will not be able to sale your stock as they will put a kind of embargo or curb your selling feasibility under one or another reason and frustrate you.
I had seen that they use your stocks to play in market and enjoy the trading on back of you.
The entire platform made to make fool customer and draw illegal benefit out of it.
Once you trap you will never come out to cover the loss as they are main reason who exposed you to huge risk.

I warn all customer not to use their leverage facility and don't pledge your shares rather keep cash for all margins.
This platform is very hazardous for trading.
Further if you want to sale bulk the order will hang up for few seconds and operator will remove the purchase order and you will not able to capture the rate difference.

Please be care full in creating long position in cash market on leverage as the information is shared with operators too.
This platform can be used for only ipo and only small quantity for investment but not for frequent trading.
Beware my dear customers other wise you will at last will lost all money.

The broker platform is devised to make illegal money out of your account and with bowing hands I request every Angel broking customer to be extra watch full and keeping my advices in mind take calculative decisions at your end.
Dinesh Kumar R
D Bagchi
611. D Bagchi  Nov 23, 2020 09:13 I Like It. | Report Abuse Reply
The web platform for trading absolutely useless and operate in a very slow pace. Now Angel becomes a discount broker. You will miss opportunity to make profit. Angel's back office is also totally inefficient. They do not know or ignore corporate actions and miss vital actions from Angel's side to incur huge loss to their clients. Yes Bank shares were under moratorium for 3 years. But 25% of the shares are tradable. Yes Bank opened 2 days window to transfer shares of Yes Bank in Angel's account to new ISIN so that 25% of the shares are tradable. Angel missed this vital date to change to new ISIN of the shares leading to huge loss to the clients. When contacted, Angel gave totally false information. Even Angel provided false information to NSE. Be careful about Angel.
Bikash Das
610. Bikash Das  Nov 24, 2020 20:18 I Like It. | Report Abuse Reply
A fraud company with all cheating people to exploit customers.
Instead of trading platform the people engaged there are just trying to swallow your money, by stopping service,
At peak hours server went down, no phone service is there.
Without your knowledge some transaction happens, all fraudulent games are played by the people to just make sure you get huge loss. Beware and get rid of such fraudulent people.
sandip Patil
609. sandip Patil  Dec 18, 2020 10:50 I Like It. | Report Abuse Reply
Very poor service
No phone calls Receives
Angel broking me A/c mat open karo
Bahut pachtaoge.
Sahil Sharma
608. Sahil Sharma  Dec 31, 2020 20:30 I Like It. | Report Abuse Reply
Very poor service. App crash a lot. Customer service is pathetic. They never listen to your problem. They fool you on the name of margin trade by deducting your money without any explanation.


Brokerage - Very Poor
Account Maintenance Fees - Below Average
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
CharanJit Singh
607. CharanJit Singh  Jan 1, 2021 19:39 I Like It. | Report Abuse Reply
As per my experience Angel broking is taking hidden charges. When some one compalins , they will give vague replies. They are charging Rs 40/- even for delivery of equities. They know most of the clients don't cross check the accounts, even one detects the Hera pheri, they don't complain.
606. Radjeshbabu  Jan 2, 2021 14:47 I Like It. | Report Abuse Reply
Never believe angel broking brokers, if they found that you are new, they will trap you, they will give blue booklet of what are all shares to buy, based on their ARQ rating in 2017 i bought some shares like, Equitas, GIC Housing, Yes bank, vakrangee, etc etc...80% of their recomednation gave me lose that too huge lose, shares dropped, around 70%, till now I am in 20% lose even after 3 years of their recomendation, dont believe these brokers, and also service charghe is high, initially they took .40% and i found from my friend they take only .2% then i bargained with them to get .2% service charge, be cautious with angel broking.
Saurabh bansal
605. Saurabh bansal  Jan 20, 2021 21:13 I Like It. | Report Abuse Reply
Here i want to share, fraud done by this unethical company, angel broking. I was having my demat account since 2010. I have brought some shares in 2010. After that I have not done any transactions. Due to this mg account become dormant and inactive. In 2021 I wanted to close my account. There is no branches operating right now, siting covid. But all other companies have started their branches. So tried reach them through call and mail. After calling number of time their one of executives, advise that not activate account. Instead he gave link to pay outstanding balance and sent form for account closure. After paying my outstanding amount, they again put amc over my account and shown outstanding balance over my account. When I called them and asked their executives that when I have not done any trading and have not activated my account, then why they are putting AMC over me. Moreover in my previous communications with their executives, they clearly informed that if I am not doing any trading then my account will remain dormant and no amc will be charged. After paying my outstanding balance, I can close my account with account closure cum assets transfer form. These kind of cheating is kind of fraud and malpractice. Even if for small amount of cheating with one person, these values compound to huge sums, considering same cheating these firms are doing with large numbers of customers. Regulatory authorities like sebi should take cognizance of these kind of malpractice and should put heavy fines over this brokerage house. So that these companies should stop doing these cheating to their customers.
Vanniya Rajan
604. Vanniya Rajan  Jan 22, 2021 12:09 I Like It. | Report Abuse Reply
For Example. I want to buy Axis bank FUT28JAN 21 at Rs.650 lot size 1200. How much money available in my account to trade?

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