Angel One: Your Gateway to Effortless and Affordable Trading
Angel One
✅ Commodity
✅ Currency
✅ Futures
✅ Options
Account Opening Charge: Free
Equity Delivery Brokerage: Zero
Equity Intraday Brokerage: ₹20 per executed order or 0.25% whichever is lower
Account Maintenance Charge: Zero for one year
After this Non-BSDA Clients ₹20 + Tax / Month
- For BSDA (Basic Services Demat Account) Clients:
- Holding Value Less Than 50,000: NIL
- Holding Value Between 50,000 To 2,00,000: ₹100 + Tax / Year
In the rapidly evolving world of financial markets, finding a brokerage firm that aligns with both the novice and the seasoned investor’s needs can be challenging. Angel One, previously known as Angel Broking, stands out as a robust platform offering a plethora of services with cost efficiency and simplicity at its core. Here’s a deep dive into what Angel One offers and why it might be the ideal choice for your trading and investment journey.
Zero Cost Account Opening
The journey with Angel One begins on a high note with free account opening. This is particularly appealing for beginners who are cautious about initial investments and for seasoned traders looking to switch to a more cost-effective brokerage.
Commission-Free Equity Delivery
Angel One takes the lead in affordability by offering zero brokerage on equity delivery. This means that investors who buy stocks and hold them in their portfolios will not be charged any brokerage fees when they decide to sell, making it an attractive option for long-term investors.
Competitive Rates on Intraday Trading
For day traders, Angel One provides a competitive edge with a brokerage fee of just ₹20 per executed order or 0.25% of the trade value, whichever is lower. This flexible pricing structure ensures that traders can maximize their profits without losing a significant portion to high brokerage fees.
Comprehensive Market Access
Angel One provides access to a wide array of markets, including:
- Equity
- Commodities
- Currency
- Futures
- Options
This wide-ranging market access ensures that traders and investors can diversify their portfolios across various asset classes from a single platform.
Nominal Account Maintenance Charges
After the first year of zero maintenance charges, Angel One introduces a nominal fee of ₹20 plus tax per month for non-BSDA (Basic Services Demat Account) clients. This is relatively low, helping users maintain their accounts without hefty fees eating into their investments.
Special Considerations for BSDA Clients
For those holding a Basic Services Demat Account:
- If the holding value is less than ₹50,000, there is no annual maintenance charge.
- For holdings between ₹50,000 and ₹2,00,000, the charge is just ₹100 plus tax per year.
These provisions make it especially advantageous for small investors who do not wish to be burdened by high maintenance fees.
Conclusion
Angel One offers a compelling proposition with its low-cost structure, wide market access, and user-friendly services. Whether you are new to investing or an experienced trader, Angel One provides all the necessary tools and services to facilitate your trading activities effectively. With its investor-friendly policies and robust trading platform, Angel One is well-equipped to help you achieve your financial goals. Ready to start trading? Click on “Open Instant Account” and begin your investment journey with Angel One today.