Angel One Spreads, leverage, minimum deposit Revealed

WikiFX | 2023-12-13 21:38

Abstract：Founded in 1996, Angel One is an Indian brokerage company. SEBI or any worldwide financial power does not control it. Among the many investment vehicles the firm provides are equities, derivatives, mutual funds, and US stocks. Its absence of regulatory control causes concern even with its low costs and robust technology platforms.

Angel One Review Summary
Founded	1996
Registered Country/Region	India
Regulation	Not regulated
Products and Services	Stocks, IPOs, Derivatives (F&O), Mutual Funds, Commodities, US Stocks
Trading Platform	Angel One Super App (mobile), Angel One Trade (web), Smart API (developer)
Min Deposit	₹0
Customer Support	Email: support@angelone.in
Customer Support	Phone: 18001020

Angel One Information

　　Founded in 1996, Angel One is an Indian brokerage company. SEBI or any worldwide financial power does not control it. Among the many investment vehicles the firm provides are equities, derivatives, mutual funds, and US stocks. Its absence of regulatory control causes concern even with its low costs and robust technology platforms.

Pros and Cons

Pros	Cons
Zero brokerage for first ₹500 in 30 days	Not regulated
Wide range of investment products	No MT4/MT5 available
User-friendly platforms	No forex or crypto trading available
Low minimum deposit	Fees charged

Is Angel One Legit?

　　Angel One is not a regulated broker. Although based in India, it does not hold a license from SEBI or any major global regulators like the FCA, ASIC, or NFA.

　　The domain angelone.in was registered on May 28, 2021, last updated on May 10, 2023, and will expire on May 28, 2025. Its status is clientTransferProhibited.

Products and Services

　　Angel One offers a wide range of investment products including stocks, IPOs, derivatives, mutual funds, commodities, and U.S. equities.

Product/Service	Description
Stocks	Own shares of well-known companies and benefit from capital appreciation.
IPO	Invest early in new public companies with high growth potential.
F&O (Derivatives)	Trade futures and options to manage risk and enhance returns.
Mutual Funds	Invest in professionally managed portfolios for long-term growth.
Commodities	Trade assets like metals, gold, and oil to diversify and hedge portfolios.
US Stocks	Access investment opportunities in the U.S. market — the worlds largest.

Angel One Fees

　　Angel One's fees are generally low to moderate compared to industry standards in India. It offers zero brokerage for the first 30 days (up to ₹500), after which its brokerage is capped and competitive, especially for retail traders. Additional charges are mostly in line with regulatory norms.

Investment Type	Initial Offer	Post-Offer Brokerage
Equity Delivery	₹0 up to ₹500 in 30 days	Lower of ₹20 or 0.1% per order (min ₹2)
Intraday Trading	₹0 up to ₹500 in 30 days	Lower of ₹20 or 0.03% per order
Futures	₹0 up to ₹500 in 30 days	₹20 per executed order
Options	₹0 up to ₹500 in 30 days	₹20 per executed order

Charge Type	Equity Delivery	Intraday	Futures	Options
Transaction Charges	NSE: 0.00297%	NSE: 0.00297%	NSE: 0.00173%	NSE: 0.03503%
STT	0.1% (Buy/Sell)	0.025% (Sell)	0.01% (Sell)	0.05% (Sell)
GST	18%	18%	18%	18%
SEBI Charges	₹10/crore	₹10/crore	₹10/crore	₹10/crore
Clearing Charges	₹0	₹0	₹0	₹0
Stamp Duty	0.015% (Buy)	0.003% (Buy)	0.002% (Buy)	0.003% (Buy)

Charge Type	Fee
Account Opening	Free (sometimes ₹36.48 for NRIs)
AMC (1st Year)	Free
AMC (After 1st Year)	₹60/quarter (non-BSDA), or ₹450/year, or ₹2950 lifetime option
BSDA AMC	NIL up to ₹4L; ₹100/year for ₹4L–₹10L holdings
MTF (Margin Borrowing)	0.041% per day
Debit Balance Interest	0.049% per day
Cash Collateral Charges	0.0342%/day (on shortfall > ₹50,000)

Trading Platform

　　Angel One offers three trading platforms, a mobile app for everyday investors, a web platform for pro traders, and APIs for developers and algo traders.

Platform	Supported	Available Devices	Suitable For
Angel One Super App	✔	Android, iOS	Beginner to intermediate investors & traders
Angel One Trade	✔	Web (Desktop/Laptop)	Active/professional traders
Smart API	✔	API access (Web backend integration)	Developers, algo traders, fintech platforms