Want to know how to open a Demat account online with Angel Broking? Angel Broking is a popular full-service brokerage company in India that offers fixed brokerage fees to its customers. They have user-friendly and modern trading platforms, along with expert advice for their customers. In this post, we’ll explain the simple steps to open a Demat account with Angel Broking online.
Documents required to open a Demat account at Angel One:
- Aadhaar card
- PAN card
- Bank proof (cancelled cheque, account statement, or passbook)
- Webcam on mobile or laptop
It is recommended to keep scanned copies of these documents ready before you start the account opening process. This will make the process faster and easier.
Angel One Demat Account Opening Process Step by Step
Step 1: Visit the Angel One website
Go to the Angel One website and click on the Open Demat Account button.
Step 2: Enter your personal details
On the next page, enter your personal details such as name, mobile number, and city. You will then receive an OTP on your registered mobile number. Enter the OTP to verify your mobile number.
Step 3: Choose a Depository Participant (DP)
Angel One offers two depository participants (DPs) to choose from: National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL). Select the DP of your choice.
Step 4: Complete eKYC and upload supporting documents
To complete your eKYC, you will need to provide your PAN card details and Aadhaar number. You will also need to upload scanned copies of your PAN card, Aadhaar card, and address proof.
Step 5: Set up your bank account
To link your bank account with your Demat account, you will need to provide your bank account number and IFSC code.
Step 6: Review and submit your application
Once you have completed all the steps above, review your application and submit it.
Step 7: Account activation
Once your application is approved, you will receive your Demat account number and login details. You can then activate your account by logging in and creating a password.
Step 8: Complete IPV
To complete your IPV (In-Person Verification), you will need to visit an Angel One branch or meet with an Angel One representative.
Step 9: Start trading!
Once your account is activated and your IPV is complete, you can start trading in stocks, ETFs, and other securities.
Note: The entire process of opening an Angel One Demat account can be completed online within a few minutes. However, it may take up to 48 hours for your account to be activated.
|Percentage of transaction value, varying by segment and trade type (e.g., intraday, delivery, futures, options)
|Account Opening Charges
|One-time fees for opening different types of accounts (Demat, Trading, Commodity, etc.)
|Annual Maintenance Charges
|Yearly fee for maintaining a Demat account
|Fees for transactions, including exchange transaction charges and regulatory charges
|Margin Trading Interest
|Interest on borrowed funds for margin trading
|Call and Trade Charges
|Additional fees for placing orders via phone call
|Charges for transferring or selling shares from your Demat account (set by depositories, not the broker)
|SMS and Email Alerts
|Charges for receiving trading alerts via SMS or email
|Fees for research reports and advisory services
About Angel Broking
Angel broking, founded in 1987, is a well-known brand with over 30 years of expertise in the brokerage industry and over a million satisfied consumers. They operate in over 1800 cities across India and have a robust network of over 8500 sub-brokers. Angel Broking provides trading services in equity, futures and options, commodities, and currency on the BSE, NSE, NCDEX, and MCX.
For nearly two decades, Angel Broking operated as a full-service broker, charging a percentage-based brokerage fee to its clients. To compete with fast increasing discount brokers like Zerodha, 5Paisa, Upstox, and others, they altered their business strategy from percentage brokerage to flat fees in November 2019.
Angel Broking currently provides the ‘Angel iTrade PRIME’ flat-rate brokerage package. The delivery trading is completely free here. They charge a flat rate of $20 per trade for all other segments, including intraday, F&O, Currencies, and Commodities. Across all exchanges and sectors, the same straightforward rate applies.
One of the major benefits of trading with Angel Broking is that they offer financial advice, coaching, and recommendations to their clients for stock market investments. They also provide free research studies on firms, as well as a variety of additional value-added tools and services to their clients.
Angel Broking Account Types
The full-service broker offers two types of accounts including demat and trading account, that are elaborated here as under:
Angel Broking Demat Account: Demat accounts, also known as dematerialized accounts, allow users to keep shares and assets in an electronic format. Angel Broking offers a free demat account opening service, allowing them to hold all of their investments electronically, including stocks, bonds, ETFs, mutual funds, and other securities.
Angel Broking Trading Account: A trading account is a place where you can buy and sell stocks. Securities are purchased using a trading account, kept using a demat account, and paid using a registered bank account.
Why you need to Open a Demat Account with Angel Broking?
- Fast account opening process
- Flat Charge broker
- Free online fund transfer via UPI & Net banking.
- 100% digital account opening process.
- Free equity investments (No charge involved in delivery trading)
- Flat Rs 20 per trade for Intraday, Futures & Options, Commodity and currency trading.
- Excellent Trading Platform
- Free expert research reports
- Free market advisory
Angel Broking Brokerage Charges
- Delivery charges: Rs 0
- Intraday Trading: ₹20 Per Trade
- Equity F&O: ₹20 Per Trade
- Currency F&O: ₹20 Per Trade
- Commodity F&O: ₹20 Per Trade
What kind of Services Offered by Angel Broking?
Angel Broking offers its services in Equity, Commodity, PMS, Currency, ETFs, Life Insurance, IPOs & Mutual Funds.
|Trading in the stock market for buying and selling shares
|Trading in commodities such as gold, silver, and more
|Forex trading in currency pairs
|Trading in futures and options contracts
|Holding and maintaining securities in electronic form
|Mutual Fund Investments
|Investment in mutual funds
|SIP (Systematic Investment Plan)
|Periodic investments in mutual funds
|Research and Analysis
|Providing market research, analysis, and recommendations
|Personalized investment advice and portfolio management
|Training and Workshops
|Education and training for investors and traders
|Webinars and Seminars
|Online educational events and seminars
|Online Trading Platform
|A web-based platform for trading and investing
|Mobile Trading App
|Mobile app for trading and portfolio management
|Support for account-related queries and assistance
|Live Chat Support
|Online chat support for immediate assistance
|Professional management of investment portfolios
|Wealth Management Services
|Tailored services for high-net-worth individuals
|Offering health insurance policies
|Providing motor vehicle insurance policies
Offline Account Opening Process with Angel Broking
Because Angel Broking has offices all throughout the country, anyone who are unfamiliar with the online process or who are having problems opening an account online can switch to an offline method.
In order to do so, an individual must submit a properly completed account opening form, which can be acquired by contacting the broker’s customer service department or visiting the branch office. In addition, essential paperwork must be dispatched and sent to any of the branches.
After all of the documents have been examined and confirmed to be proper, log in information will be issued so that the user can access his account.
Angel Broking is one of India’s largest stockbrokers, offering incredible trading opportunities in equity, futures and options, commodities, and currency on the BSE, NSE, NCDEX, and MCX. Furthermore, if you have all of the essential paperwork, you can open your demat account at Angel broking within an hour due to the simple and quick process.
We try to cover the entire procedure of opening a demat account at Angel Broking in this post. If you have any further queries, please post them in the comments section below. Best of luck with your investment!