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Angel One

★★★★★★★★★★ 3.6/5 See all 5 reviews →
Open account now SEBI & CDSL registered

Charges at a glance

Account opening fee
₹0
AMC
₹240/yr + GST (₹0 first year, ₹0 under BSDA)
Equity delivery brokerage
Lower of ₹20 or 0.1%, min ₹5
Intraday brokerage
Lower of ₹20 or 0.1%, min ₹5
F&O brokerage
₹20 flat per executed order

About Angel One

Angel One is one of India's largest and oldest retail broking houses, founded in 1996 and now operating as a flat-fee discount broker with a full-service layer on top. It offers demat and trading accounts registered with SEBI and CDSL, along with in-house research, the ARQ Prime rule-based investment engine, and SmartAPI for algorithmic trading.

The platform serves both new investors, who lean on its research and advisory tools, and active traders, who use its flat ₹20-per-order pricing across equity, F&O, currency and commodity segments, along with margin trading facility (MTF) and IPO, bond and mutual fund investing.

Platforms

Angel One App

Flagship mobile super app for trading, investing, mutual funds, IPOs and portfolio tracking.

Angel One Trade

Web-based trading terminal with charts, watchlists, baskets and GTT orders.

ARQ Prime & SmartAPI

Rule-based investment advisory engine, plus SmartAPI for building algorithmic trading strategies.

Regulatory & statutory charges

Besides brokerage, every trade attracts STT/CTT, exchange transaction charges, SEBI charges, GST and stamp duty. These are fixed by the government/exchanges and are the same across brokers.

Calculate the exact charges for any trade upfront using our brokerage calculator.

Equity

Charge Equity delivery Equity intraday F&O – Futures F&O – Options
BrokerageLower of ₹20 or 0.1%/order, min ₹5Lower of ₹20 or 0.1%/order, min ₹5Flat ₹20 per executed orderFlat ₹20 per executed order
STT/CTT0.1% on buy & sell0.025% on sell side0.05% on sell side0.15% on sell side (premium)
Transaction chargesNSE 0.00307% / BSE ~0.00375%NSE 0.00307% / BSE ~0.00375%NSE 0.00183% / BSE 0%NSE 0.03553% / BSE 0.005–0.0325% (on premium)
SEBI charges₹10 / crore₹10 / crore₹10 / crore₹10 / crore
Stamp duty0.015% (buy side)0.003% (buy side)0.002% (buy side)0.003% (buy side)
GST18% on (brokerage + SEBI charges + transaction charges)

Currency

Charge Currency futures Currency options
BrokerageFlat ₹20 per executed orderFlat ₹20 per executed order
STT/CTTNo STTNo STT
Transaction chargesNSE 0.00035% / BSE 0.00045%NSE 0.0311% / BSE 0.001%
SEBI charges₹10 / crore₹10 / crore
Stamp duty0.0001% (buy side)0.003% (on premium)
GST18% on (brokerage + SEBI charges + transaction charges)

Commodity

Charge Commodity futures Commodity options
BrokerageFlat ₹20 per executed orderFlat ₹20 per executed order
STT/CTT0.01% on sell side (non-agri)0.05% on sell side
Transaction chargesMCX 0.0021% / NCDEX 0.0058%MCX 0.0418%
SEBI charges₹10 / crore₹10 / crore
Stamp duty0.002% (buy side)0.003% (on premium)
GST18% on (brokerage + SEBI charges + transaction charges)

Mutual funds

  • Direct mutual fund investments carry ₹0 commission; regular plans carry the fund's standard trail commission built into the NAV.
  • Stamp duty of 0.005% applies on the purchase (buy) side of mutual fund units, as mandated by the government.
  • STT of 0.001% applies only on redemption (sell) of equity-oriented mutual fund units.

Charges for account opening

Type of accountCharges
Individual account (resident)free
Minor accountfree
NRI account≈₹500 (trading + demat opening + GST)
HUF, Partnership & Corporate accounts (offline, documentation charges may apply)contact Angel One

Demat AMC (Annual Maintenance Charge)

Free for the first year on all new accounts. From the second year:

BSDA accounts (by holding value)

Value of holdingsAMC
Up to ₹4 lakhfree
₹4 lakh – ₹10 lakh₹100/year + GST

For a non-BSDA account, AMC is ₹60/quarter + GST (₹240/year + GST), charged after the first trade each quarter.

Penalties & other charges

Charges that apply only in specific situations — good to know upfront so nothing catches you off guard.

Penalties

Delayed payment charges (on outstanding bill)1.5% per month, levied every 15 days
MTF interest (on funded amount)14.99% p.a., charged fortnightly
Call & trade₹20 per order
Auto square-off ordersSame as regular brokerage, no extra penalty

Other charges

DP charges (on sell, per ISIN debit)₹20 + GST (₹3.5 CDSL + ₹16.5 Angel One)
Margin pledge/unpledge/invoke₹20 + GST per ISIN (₹5 CDSL + ₹15 Angel One)
MTF pledge/unpledge/invoke₹20 + GST per ISIN (₹12 CDSL + ₹8 Angel One)
Demat charge (physical → electronic)₹50 per certificate
Remat charge (electronic → physical)₹50 per certificate + actual CDSL charges
Physical statement / DIS / contract note request₹50
Cheque bounce charges₹350
NRI account AMC₹450/year (or ₹2,950 one-time lifetime)
DDPI activation₹100 + GST

Pros & cons

What users like

  • Flat ₹20 per order across equity, F&O, currency and commodity
  • Strong in-house research and ARQ Prime advisory engine
  • Wide product range — stocks, IPO, bonds, MF, MTF and algo trading via SmartAPI
  • AMC waived under the BSDA (small holding) category and for the first year

What to watch for

  • AMC and DP charges apply once holdings/first year exceed free limits
  • Frequent cross-selling of insurance, loans and advisory add-ons
  • App can feel busy for first-time investors compared to pure discount platforms

Read what customers say about Angel One

Overall rating 3.6/5 based on 5 customer reviews — or share your own experience.

See Angel One reviews →