Angel One review
Independent review of Angel One — brokerage, app, account opening, customer support and the kind of investor it actually fits. Angel One is one of India's largest retail brokers.
Verdict
Cost-conscious Indian investors and active traders who want a full-service discount broker with a single app spanning stocks, F&O, IPOs and mutual funds plus free trading APIs.
Brokerage at a glance
Headline brokerage on the default Angel One flat ₹20 plan. On top of brokerage you also pay STT, exchange transaction charges, SEBI fee, stamp duty, GST and DP charges — see full charges for the breakdown.
About Angel One
Angel One is one of India's largest retail brokers. Equity delivery and intraday are charged at ₹20 or 0.1% per executed order, whichever is lower, with a ₹5 minimum brokerage floor; F&O is flat ₹20 per order.
The Angel One SuperApp trading app
- Equity, F&O, commodities, and currency in one app
- ARQ Prime AI-driven advisory layer
- IPO application via UPI
- Smallcase and basket integrations
Opening an Angel One account
Account opening is fully online for Indian residents. Keep your PAN, Aadhaar (with mobile linked for OTP), a bank cancelled cheque or statement, a passport-size photo and a signature on white paper handy. Aadhaar e-KYC, in-person video verification and e-sign typically take 1–3 working days end-to-end. Start at www.angelone.in.
Customer support
Angel One support is available equity/currency/mutual funds: 8:30 am to 5:30 pm, monday to saturday. commodity: 8:30 am to 11:30 pm on weekdays and 8:30 am to 5:30 pm on saturdays.. For complete contact details, the four-level SEBI escalation path (broker desk → compliance officer → SCORES → SMART ODR), and what to have ready before escalating, see the Angel One customer care page.
Pros and cons
How we judge this: these pros and cons are drawn from Angel One’s published charges and platform features, its app-store ratings — cross-checked against its SEBI registration and NSE / BSE membership. They are our editorial assessment, not a sponsored placement, and not financial advice.
What users say about Angel One
Paraphrased themes from public app-store reviews and forums — these are users’ opinions, not our testing, and not financial advice. Sampled 2026-06-14.
- Single SuperApp covering equity, F&O, commodities, currency, IPOs and mutual funds
- Flat Rs 20 per executed order brokerage and free equity delivery
- Free SmartAPI for algorithmic trading with SDKs in multiple languages (Python, Java, NodeJS, R, Go, C#, .Net, PHP)
- ARQ Prime in-app robo-advisory engine providing data-driven investment ideas
- Web trading terminal with 100+ chart indicators, option chain and multiple watchlists
- Zero-commission direct mutual fund investing with SIPs from Rs 100
- Reports of the app or website becoming unstable or crashing during high-volume market hours
- Some users report being prompted to log in again at inconvenient moments
- Concerns raised about order-execution behaviour during volatile sessions
- Some users report slow responsiveness from customer support on escalations
Alternatives to Angel One
By active client count, Angel One is the #3 largest of 38 retail brokers on the NSE (as of 2026-04-30). If you're weighing it against the field, these are the brokers people most often compare it with:
Side-by-side head-to-head comparisons:
See the full ranked list of every retail broker in India on the stock brokers in India page, or compare exact landed cost on a typical trade with the brokerage calculator — switch brokers in the dropdown without leaving the page.
Frequently asked
What people ask about Angel One.
Angel One is SEBI-registered and holds NSE / BSE membership, so it meets the regulatory bar every Indian broker must clear. Whether it is a good fit depends on what you trade. Cost-conscious Indian investors and active traders who want a full-service discount broker with a single app spanning stocks, F&O, IPOs and mutual funds plus free trading APIs.
Equity delivery is ₹20 / 0.1% (min ₹5). Equity intraday is ₹20 / 0.1% (min ₹5). Equity options is Flat ₹20. On top of brokerage you pay STT, exchange transaction charges, SEBI fee, stamp duty, GST and DP charges. The brokerage calculator on this site shows the all-in landed cost for a sample trade.
Angel One is registered with SEBI and a trading member of NSE / BSE. Demat accounts are held with CDSL or NSDL — the broker does not hold your shares, the depository does. Funds are held in a SEBI-regulated client bank account separate from the broker's own funds. The risk to investors from broker failure is limited; the larger risk to manage is account fraud via phishing and OTP sharing.
Equity, F&O, commodities, and currency in one app. ARQ Prime AI-driven advisory layer. For a full feature list and download links see the Angel One app page.
Account opening is fully online for Indian residents. You need PAN, Aadhaar (with mobile linked for OTP), a bank cancelled cheque or statement, a passport-size photo and a signature on white paper. Aadhaar e-KYC, in-person video verification and e-sign typically take 1–3 working days. Apply via https://www.angelone.in.
Discount brokers comparable to Angel One include Zerodha, Groww, Upstox, Dhan and Angel One. Full-service alternatives include ICICI Direct, HDFC Securities, Kotak Securities and Sharekhan. Compare brokerage rates side-by-side on the brokerage calculator before switching.