In the modern age of technological advancement, managing finances has become more accessible and efficient than ever before. One such revolutionary platform making waves in the financial landscape is “Angel One.” In this article, we will delve into the intricacies of Angel One, exploring its features, benefits, and the impact it has on transforming the way individuals and businesses handle their financial matters.
Equity
Stock Investments | Intraday Trading | Futures | Options | |
---|---|---|---|---|
Brokerage | ₹0 | ₹ 20 / Executed Order Or 0.03% (Whichever Is Lower) | ₹ 20 / Executed Order Or 0.25% (Whichever Is Lower) | ₹ 20 / Executed Order Or 0.25% (Whichever Is Lower) |
Regulatory & Statutory Charges
Stock Investments | Intraday Trading | Futures | Options | |
---|---|---|---|---|
Transaction Charges | NSE: 0.00325%NSE#: 0.00325%BSE*: As Per The Stock GroupBUY SELL | NSE: 0.00325%NSE#: 0.00325%BSE*: As Per The Stock GroupBUY SELL | NSE: 0.00190%BUY SELL | NSE: 0.05%BUY SELL |
Demat Transaction / DP Charges | ₹20 / Company Sell | ₹0 | ₹0 | ₹0 |
STT (Securities Transaction Tax) | 0.1%BUY SELL | 0.025%SELL | 0.0125%SELL | 0.0625%SELL |
GST** | 18% | 18% | 18% | 18% |
Stamp Duty Charges | 0.015%BUY | 0.003%BUY | 0.002%BUY | 0.003%BUY |
SEBI Charges | ₹ 10/ crore | ₹ 10/ crore | ₹ 10/ crore | ₹ 10/ crore |
Clearing Charges | ₹0 | ₹0 | ₹0 | ₹0 |
# Transaction charges applicable to all the stocks in the normal equity market segment (“EQ” series) excluding NIFTY 50, NIFTY Next 50 index constituents, debt-oriented exchanges traded funds and stocks included in Graded Surveillance Measures (GSM)
Currency
Currency Futures | Currency Options | |
---|---|---|
Brokerage | ₹ 20 / Executed Order Or 0.25% (Whichever Is Lower) | ₹ 20 / Executed Order Or 0.25% (Whichever Is Lower) |
Regulatory & Statutory Charges
Futures | Options | |
---|---|---|
Transaction Charges | NSE: 0.0009% On Futures Turnover ValueBSE: 0.00022% On Futures Turnover ValueBUY SELL | NSE: 0.035% On Options Premium ValueBSE: 0.001% On Options Premium ValueBUY SELL |
STT (Securities Transaction Tax) | ₹0 | ₹0 |
GST** | 18% | 18% |
SEBI Charges | ₹10 / Crore | ₹10 / Crore |
Stamp Duty Charges | 0.0001% On Total Turnover ValueBUY | 0.003% On Premium ValueBUY |
*all charges other than Brokerage charges are non-Angel One charges
Commodities
Currency Futures | Currency Options | |
---|---|---|
Brokerage | ₹ 20 / Executed Order Or 0.25% (Whichever Is Lower) | ₹ 20 / Executed Order Or 0.25% (Whichever Is Lower) |
Regulatory & Statutory Charges
Futures | Options | |
---|---|---|
Transaction Charges | NON-AGRI0.00210% On Turnover For A Category (Near & Next Month TO)0.0013% On Turnover For A Category (FAR Month TO)0.00175% On Turnover For B CategoryAGRI0.006% On Turnover For A Category0.002% On Turnover For B Category0.0001% On Turnover For C CategorySPECIAL CHARGES0.0005% On Turnover For CASTORSEED0.0005% On Turnover For KAPAS0.00005% On Turnover For PEPPER0.001% On Turnover For RBDPMOLEIN | 0.05% On Premium Value |
CTT (Commodities Transaction Tax) | 0.01% Only on Non-AgriSELL | 0.05%SELL |
Risk Management Fee | AGRI0.01% Only on Agri Commodities (overnight positions) | NA |
GST** | 18% | 18% |
SEBI Charges | ₹10 / Crore | ₹10 / Crore |
Stamp Duty Charges | 0.002% On Total Turnover ValueBUY | 0.003% On Premium ValueBUY |
*all charges other than Brokerage charges are non-Angel One charges
Other Charges
Regulatory & Statutory Charges
Nature of Charges | Rate |
---|---|
Account Maintenance Charges | Non-BSDA Clients ₹20 + Tax / MonthFor 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 |
Call & Trade | ₹20 / Order |
Square off Charges | ₹20 / Order |
Franking, KRA, CKYC, ESignature Charges | ₹0 |
Email Statements / Contract Notes | Free |
DP Charges | ₹20 per Debit Transaction₹50 per Debit Transaction for BSDA Clients |
Pledge Creation / Closure | ₹20 per ISIN₹50 per ISIN for BSDA Clients |
Demat | ₹50 Per Certificate |
Remat | ₹50 Per Certificate + Actual CDSL Charges |
Physical Statements / DIS Request / Physical Contract Notes | ₹50 |
Cheque Bounce Charges | ₹350 |
Delay Payment Charges On Outstanding Bill Amount If Not Paid Within Due Date | 1.5 % Per Month (Levied Every 15 Days) |
Table of Contents
• Introduction
• What is Angel One?
• The Key Features
• Seamless Investment Options
• Comprehensive Portfolio Analysis
• User-Friendly Interface
• Real-Time Market Insights
• The Advantages of Angel One
• Empowering DIY Investing
• Personalized Financial Recommendations
• Data Security and Privacy
• How Angel One is Changing the Game
• Democratizing Financial Services
• Enhancing Financial Literacy
• Enabling Informed Decision-Making
• Getting Started with Angel One
• Creating Your Account
• Navigating the Dashboard
• Making Your First Investment
• Testimonials from Satisfied Users
• Empowering Novice Investors
• Streamlining Professional Traders
• Future Innovations and Developments
• Artificial Intelligence Integration
• Expansion of Investment Avenues
• Challenges and Considerations
• Technological Barriers
• Risk Management
• The Bottom Line: A Financial Revolution
• FAQs
1. Is Angel One suitable for beginners?
2. What security measures does Angel One employ?
3. Can I trust the investment recommendations provided by the platform?
4. Are there any hidden fees associated with using Angel One?
5. How does Angel One stay updated with real-time market trends?
Introduction
In a world where financial stability and growth are paramount, Angel One emerges as a game-changing platform that empowers individuals to take control of their financial destinies. With a user-centric approach and cutting-edge technology, Angel One redefines the way people invest, manage portfolios, and make informed financial decisions.
What is Angel One?
Angel One is a comprehensive financial platform that merges technology with finance to offer a seamless and intuitive experience for users seeking to invest, grow wealth, and achieve financial goals. It provides a wide array of investment opportunities, portfolio analysis tools, and real-time market insights, all in one user-friendly interface.
How to Start Using Angel One Super App?
Signing up and using Angel One Super App is super easy. Simply follow the steps given below:
- Signup Step: Enter your mobile number and verify with OTP.
- Email Verification Step: Enter your email ID and verify with OTP.
- PAN and Aadhaar Step: Enter PAN and Aadhaar details and verify with OTP using DigiLocker.
- Bank Account Verification Step: Enter your bank account number and IFSC code.
- Selfie Step: Click a live selfie.
- Signature Step: Sign on the screen to upload a photograph of your signature.
- Futures and Options Step (Optional): Upload one of these documents:
- Bank Statement (previous 6 months)
- Passbook (previous 6 months)
- ITR (previous financial year)
- Form 16 (previous financial year)
- Salary Slip (previous month)
- Latest Demat Account Holdings Statement
- Personal Details Step: Enter details like income, employment type, trading preference, etc.
- Nominee Addition Step (Optional):You can enter up to three nominees.
- E-Sign Step: Provide your e-signature to complete KYC and open your Demat account.
The Key Features
Which Assets Classes Does Angel One Super App Support?
Super App supports multiple asset classes, so you don’t have to jump platforms. Super convenient, isn’t it? Check out the various assets that are supported:
- Stocks:Trade/invest in 5,000+ companies listed on BSE and NSE and own some of the biggest brands in India.
- IPOs:Be an early bird investor in promising, young companies getting listed for the first time on the stock exchange.
- Mutual Funds: Invest in a wide range of mutual funds based on your requirements.
- US Stocks:Invest in the US brands today and gain from the appreciating dollar tomorrow.
- F&O: Trade in Futures & Options with smart tools to identify market trends, maximum P&L of options strategies, and more.
- ETFs Invest in ETFs tracking popular indices or commodities.
- Commodities: Invest in bullion, agricultural commodities, energy and base metals that you understand!
- Currencies:Trade in currencies and participate in foreign exchange markets.
- Sovereign Gold Bond: Invest in government-backed gold bonds to enjoy stable and assured returns at a lower risk.
Seamless Investment Options
Angel One opens doors to a diverse range of investment avenues, catering to both beginners and seasoned investors. From stocks and mutual funds to commodities and bonds, the platform provides access to a plethora of options to create a well-rounded investment portfolio.
Comprehensive Portfolio Analysis
The platform’s portfolio analysis tools offer in-depth insights into the performance of investments. Users can track the growth of their assets, assess risks, and make informed decisions about rebalancing portfolios for optimal returns.
User-Friendly Interface
Angel One stands out with its intuitive interface designed for users of all backgrounds. Its easy navigation and simplified tools ensure that even those unfamiliar with financial jargon can navigate the platform with confidence.
Real-Time Market Insights
Staying ahead in the financial game requires staying updated. Angel One delivers real-time market data, trends, and news, enabling users to make timely decisions that align with market movements.
The Advantages of Angel One
Empowering DIY Investing
Angel One shifts the paradigm by empowering individuals to become self-reliant investors. With its user-friendly interface and educational resources, it encourages users to make their investment decisions confidently.
Personalized Financial Recommendations
The platform employs advanced algorithms to provide users with personalized investment recommendations based on their risk tolerance, financial goals, and market trends, making investment decisions more informed and strategic.
Data Security and Privacy
Understanding the sensitivity of financial information, Angel One employs state-of-the-art security measures to safeguard user data and transactions, ensuring a secure and private environment for all users.
How Angel One is Changing the Game
Democratizing Financial Services
Gone are the days when financial services were exclusive to a select few. Angel One democratizes access to financial tools and expertise, leveling the playing field for individuals from all walks of life.
Enhancing Financial Literacy
Financial literacy is the cornerstone of making sound financial decisions. Angel One provides a knowledge hub with educational resources, helping users enhance their understanding of investment concepts and strategies.
Enabling Informed Decision-Making
With real-time data and insights at their fingertips, Angel One users can make informed decisions that align with their goals and the dynamic nature of the financial markets.
Getting Started with Angel One
Creating Your Account
Signing up with Angel One is a breeze. Users can create an account within minutes by providing basic information and verifying their identity.
Navigating the Dashboard
Upon logging in, users are greeted with a user-friendly dashboard that displays their portfolio, investment options, and real-time market updates. The intuitive layout ensures that users can find what they need effortlessly.
Making Your First Investment
Angel One simplifies the investment process. Whether you’re a first-time investor or an experienced trader, the platform guides you through the steps of making your first investment with ease.
Testimonials from Satisfied Users
Empowering Novice Investors
“I never thought investing could be this easy! Angel One’s simple interface and expert recommendations have transformed me into a confident investor.” – Sarah R.
Streamlining Professional Traders
“As a professional trader, I demand real-time data and quick execution. Angel One delivers both, giving me an edge in the market.” – John M.
Future Innovations and Developments
Artificial Intelligence Integration
Angel One’s continuous evolution includes integrating artificial intelligence to enhance investment strategies, provide deeper insights, and improve user experiences.
Expansion of Investment Avenues
The platform’s future plans include expanding investment options to embrace emerging markets, innovative industries, and global opportunities.
Challenges and Considerations
Technological Barriers
While Angel One aims to be accessible to all, it acknowledges that technological barriers may exist for some users. Efforts are being made to bridge this gap and ensure inclusivity.
Risk Management
Investing inherently involves risks. Angel One encourages users to educate themselves about risk management and make cautious decisions aligned with their risk tolerance.
The Bottom Line: A Financial Revolution
Angel One’s fusion of technology and finance is transforming how individuals engage with their finances. It empowers users, breaks down barriers, and offers a comprehensive solution for modern financial management.
Frequently Asked Questions
1. Is Angel One suitable for beginners?
Absolutely! Angel One’s user-friendly interface and educational resources make it an ideal platform for beginners to start their investment journey.
2. What security measures does Angel One employ?
Angel One prioritizes data security through encryption, two-factor authentication, and regular security updates to ensure user information remains confidential.
3. Can I trust the investment recommendations provided by the platform?
Yes, Angel One’s recommendations are backed by advanced algorithms and real-time data analysis, making them trustworthy and tailored to your financial goals.
4. Are there any hidden fees associated with using Angel One?
No, Angel One is transparent about its fee structure. Users can find information about any applicable fees before making investment decisions.
5. How does Angel One stay updated with real-time market trends?
Angel One sources data from reputable financial sources and employs advanced technology to provide users with up-to-date market trends and insights.
Conclusion
Angel One’s emergence has marked a turning point in the realm of financial management. With its user-centric approach, innovative features, and commitment to financial literacy, it paves the way for individuals to take charge of their financial well-being. As technology continues to evolve, Angel One stands as a testament to the power of merging finance with cutting-edge solutions, democratizing financial services for all.