FAQS

Advisory

How many tips do you give in a day?

Depends on client profile (trader, long term investor, short term investor, Options trader, etc). There is no fixed number; but, on average, 4 tips in a day.

Can I place a trade on the phone?

Yes, you will get a dedicated dealer. You will receive his name and number in the welcome kit which we send you on your account opening. You simply have to call him and ask him to trade on your behalf.

Do you provide advisory services?

Yes, we have 50-member dedicated research team that provides all kinds of advisory services [Technical/Fundamental/Derivative Research/Commodities/Currencies]

Can I have trial for your advisory for one week?

We do not send any calls or reports on your email ID. However, all our latest reports of this week have been listed on our website under the \”Research\” tab. You can visit our website www.angelbroking.com  and try our advisory for a week as you desire/

Dealing

How can I place my trade through you?

Two ways: 1) Through the dedicated dealer provided to you [Offline Services] and 2) By logging into any of the Online products provided.

How would I know when to buy & when to sell the stock?

Our RM will assist you in taking those decisions. Also, we have excellent advisory services in place. The research reports will help you to take decisions on your own.

What is better to start with: online or through a dealer?

You can start with either, as all information with dealer is also available on our technology platform. For all online trading, you get a discount of 20% on brokerage.

What happens in case of Trade without consent with dealer

The trade is initiated by the dealer only on your consent. At Angel Broking, client trust is of utmost importance and we guard it safely. No trade will ever be made without your consent, but if it happens, we will reverse the entire trade immediately and a very strict action will be taken against the action. You also have an option to send us your feedback/complaints on our website.

How many dealers / Rm's do you have? Would my dealer absolutely attend to me every time? What happens if my RM is not in office?

Be assured, we have enough number of dealers/RMs to cater to all our customers. Your dealer would happily attend to you all the time. If the RM is absent on any day, we do have backups to avoid customer inconvenience.

Can you assure me that I will get a good dealer?

We maintain a standard level of training & certification for all our dealers. All our dealers are of equal and high calibre

If i pay extra, is there a possibility that i get the best dealer?

You do not need to pay extra. We maintain a standard level of training & certification for all our dealers. All our dealers are of equal and high calibre. Any dealer assigned to you will provide a similar level of service like any other.

Would the dealer be available as and when required, would he answer the phone promptly? In how many rings will he pick up my phone?

Yes, we make sure a dealer handles less number of customers so that he can give equal attention to all. He would answer the phone promptly.

Can I sit in the branch with my dealer & trade?

Yes, but most of the dealers are now being moved to a centralised location. Gradually, very few branches will have dealers sitting there.

Can I place a trade on the phone?

Yes, you will get a dedicated dealer. You will receive his name and number in the welcome kit, which we send you on your account opening. You simply have to call him and ask him to trade on your behalf.

Statement

What is the process to activate ECN facility for Commodity segment?

Following is the process of ECN activation for commodity segment:1) An email with prescribed format will be triggered to clients email id from Angel. 2) Client will take a print of this email sent to him on his registered email address and self attest the same. 3) The ECN declaration form has to be filled in by the client. 4) All formats together need to be submitted to the respective Angel Branch.

In what frequency will I get my DP statements?

You will get your DP statements on Quarterly basis.

Would there be a charge if i request for hard copies of statements for every transaction i make?

Yes, you will be charged for physical statements/contract notes. We prefer electronic communication.

ARQ

What is ARQ?

ARQ is an intelligent and predictive investment engine powered by machine learning, cutting-edge cognitive technology and expert insights

How does ARQ help me?

ARQ helps you to harness the full power of Equities.
ARQ is a revolutionary automated investment engine that takes emotional bias out of investing and let’s you harness the maximum performance of equities as an asset class

What is the structure of ARQ Advisory?

As a part of ARQ Stock Advisory, you will receive recommendations to Buy Top 3 stocks by SMS notification. These 3 stocks are selected from a universe of high quality fundamental stocks. These stock recommendations are updated daily, so you must make sure to buy the 3 stocks which are recommended as the top buys on the day you choose to invest.

What makes ARQ powerful?

ARQ is empowered by advanced technology:
Expert Insights
Machine Learning
Cognitive Algorithms
Teraflops of processing power

Can I check ARQ's performance claims?

Don’t just take our word for it

Our goal with ARQ from the inception was to challenge, evaluate and scientifically back-test every piece of investment wisdom & logic. ARQ’s performance test results are available for you to examine, before you take the plunge with your hard-earned money.

What are the types of investments for which ARQ offers recommendations?

ARQ offers recommendations for Mutual Funds (Lumpsum & SIP) and Equity Stocks.

Where can I find ARQ?

All Angel Broking customers can access & use ARQ through Angel Eye or the Angel Broking App.

How does ARQ make me, my own fund manager?

Once you start using ARQ, it provides recommendations on a periodic basis through notifications sent via SMS. So, all you need to do is execute trades as per ARQ’s recommendations & thus become your own fund manager.

Can I invest using ARQ if I am not an Angel Broking customer?

No, you cannot. ARQ is available exclusively for Angel Broking customers. To use ARQ, you have to open a Demat Account with Angel Broking (which takes about 1 Hour if you have your documents ready). Once your Angel Broking Demat Account is active you can access & use ARQ on the same day

If I seek ARQ'™s recommendation, is it mandatory for me to follow that?

ARQ is an advisory product & not a PMS product. There is no enrollment fee or minimum committed investment. Once you receive the recommendations, if you wish to you can go ahead with the recommendations or decide not to.

What is the strategy used by ARQ?

ARQ Advisory is based on a model whose performance has been optimized to provide recommendations with high outperformance and strike rates. The model has been tested using scientific back-testing and has also been validated based on its track record. The model has been calibrated to take advantage of the upticks in the stocks or mutual funds during an investment period.

What is the holding period of the stock recommendations? Do I have to buy all the stocks recommended?

ARQ is a disciplined stock investment strategy. You must buy all 3 stocks in approximately an equal amount. The holding period is 1 month. After 1 month, you will receive a notification intimating of the list of Top 3 stocks on that day. If some or all of the stocks differ from the ones you are currently holding, then you must sell your existing holdings and buy the newly recommended stocks.

Eg. 1st June 2016 Recommendations: Buy Piramal Enterprises, JSW Steel, Bajaj Finance.
1st July 2016 Recommendations: Buy Piramal Enterprises, JSW Steel, Pidilite.

Based on the above, on 1st June 2016, you should buy an equal amount of Piramal Enterprises, JSW Steel, Bajaj Finance. On 1st July, one of the recommendations has changed from Bajaj Finance to Pidilite. Hence, you must sell Bajaj Finance & Buy Pidilite.

What is the expected return on the invested stocks?

Unlike other advisory products, ARQ’s stock advice works at a portfolio level, designed to keep you invested 365 days a year in the Top 3 best quality stocks. The engine is optimized to provide the best returns over a 12 month period. Hence, there is no individual target price or target returns from each stock, but rather you should follow the strategy for 12 consecutive months to get optimum returns at the portfolio level.

What is the performance of this strategy?

ARQ Equity strategy needs to be implemented over a 12 month time period at least. In the past six years, over any 12-month period, on an average ARQ’s stock strategy delivered 49% annual returns, beating the Sensex by 34%. And that’s after considering transactions costs. This performance is not just from one point of time to another, but the average performance irrespective of whichever month you would have started applying this strategy. Harnessing the true compounding power of equities, between Jan 2009 to Jan 2016, Rs1 lakh invested in ARQ’s stock strategy would have become Rs13.6 lakhs as against Rs2.6lakhs if invested in the Sensex over the same period.

What is the strike rate of ARQ Equity Advisory?

ARQ stock recommendations beat the Sensex 92% of the time in the past six years, provided the strategy was continued for 12 consecutive months. The strike rate for a 1 month period without any reinvestment is 62% after factoring in charges. This means that ARQ stock recommendations beat the Sensex 62% of the time in the past six years, if invested for only 1 month. The reason for the better strike rate over 12 months is 2-fold: firstly, the number of months that the recommendations underperform are lesser than the outperforming months. Secondly and more importantly, in the months when ARQ recommendations underperform, the quantum of underperformance is much lesser than the quantum of outperformance in the positive months i.e. the risk-reward ratio is favourable. By keeping you invested 365 days a year, it helps you capture the significant up-moves in several stocks so that eventually you end up on top by a healthy margin, as demonstrated by the validated results.

How much does the advisory cost? What is the minimum amount I must invest?

ARQ’s advisory recommendations are available at zero extra cost to Angel Broking customers. It is our endeavour to bring efficient advisory to the consumers at zero cost, to empower you to become your own fund manager and manage your portfolio for highest returns. There is no minimum amount to start investing in ARQ advisory, you can choose the amount you wish to start with.

How is this product different from others?

We have used advanced technology to back-test the data for checking the actual performance of the strategy, giving greater confidence in the quality of the strategy. ARQ uses key intelligent insights to beat the markets.

Can I choose which of the 3 stocks to buy?

The strategy involves disciplined investing. You must invest in all 3 stocks equally. You must sell within a month and buy the next set of 3 stocks.

Will I have to change the stocks every month?

New set of stocks will be recommended every month. They may or may not be same as last month. For the next month those are the stocks that are expected to give maximum returns, so irrespective of the returns generated in the previous month, you should not hold on to the previous month stocks if the list of stocks has changed this month.

How have you arrived at the numbers indicating the strategy beats the Sensex by more than 30%? Does it include the brokerage I’ll have to pay?

The returns are calculated after taking into account the brokerage charges (we’ve taken 3.5% for 12 churns, implying 24 Buy/Sell transactions i.e. around 15paisa per transaction). Plus, STT has been taken, Service Tax is taken, so basically the returns arrived at are after all charges.

Note: Short Term Capital Gains Tax not considered, just as banks also do not quote interest rate post tax, nor do we give Target price and target upside in any Fundamental/Technical, etc. net of tax. But, for reference the investor can keep in mind 15% short-term capital gains tax, which means that returns would be lower by around 6.5% in the 6-year testing period.

Why does the strategy have to be followed ideally for at least 12 months?

The strategy has been optimized to give the best performance over a 1 year period. Due to the volatile nature of stocks, daily/weekly/monthly returns can tend to fluctuate, so the ideal recommended investment duration is 12 months.

Trade & Charges

What are the different brokerage slabs available?

There are different slabs available, and this depends on the margin amount provided.

What interest will you charge on limit?

AFPL then charges 18% interest on this loan to the investor on the actual ledger from T+2 day (it is computed on daily basis but levied monthly)

Is there an account opening fee? When is it charged?

There is no account opening fee. However, there is an Annual Maintenance charge of 450/- and a onetime charge of 50/- for POA and 36/- for KRA along with applicable service tax. AMC charge is waived off for one year, 2 years and 3 years respectively for margin payments of 25000/- to 49999/-, 50000/- to 99999/- and more than 1 lakh respectively.

Is there a monthly charge for DP?

We only charge AMC on an annual basis

What happens if I don't trade at all? Would you still charge any fees etc?

You would be charged Annual Maintenance charges for your demat account. No brokerage will be charged.

What are the charges for account closure?

There are no charges for account closure.

What is Virtual transfer facility?

Virtual Account is a facility with which you can effortlessly transfer funds from your bank.

Do I need to have money before buying of shares? 

Yes, you need to have money in your Trading account before placing an order. Alternatively, if you have sold some shares, the sale proceeds can be used to buy the shares you want.

How I can use Virtual transfer facility?

You can use Virtual transfer facility in two ways: 1. You can transfer the fund from your net banking through Third Party transfer option (RTGSNEFT mode). 2. Go to your bank and transfer the funds through RTGSNEFT mode by filling the RTGSNEFT slip

How do i transfer my current holdings from CDSl to angel broking ?

You will have to fill DIS slips for transfer of shares

How much exposure will you provide?

3 times the margin amount

Instead of the margin money, can I simply transfer my holdings to Angel?

You can transfer your existing holdings, but we still require cash margin to open an account.

How to place a Margin Order?

  • Login into your Angel Account using the Mobile app.
  • Search the scrip using Buy/ Sell on the Menu or select the scrip in the MW.
  • You will see Buy order pad when you click on the search result when you navigate from the Menu. When you select the scrip from MW you will directly get button Buy/ Sell.
  • On the order pad select the product type as Margin.
  • Confirm the order by adding other details.
  • Your order is placed.

Why is the minimum limit at 10k?

It is observed that investors need a minimum of Rs 10k to build a proper portfolio of good stocks to begin with in the stock markets.

Do I need to pay all the amount now?

Paying the margin money right away will help you act faster once your account is set up. However, you can also choose to pay the initial token amount of just Rs 500 and pay the margin amount once your account has been opened.

Would the service differ according to the margin payments I make?

All our clients receive the same level of service regardless of the margin payments. However, to make your trades cheaper, it is advised that you choose a higher margin plan as the brokerage rate depends on the margin amount.

What is Margin Funding?

Margin Funding is a lending facility where clients can avail loans to trade in shares (Cash Segment of BSE & NSE ) against the margin amount. The investor pays only an agreed percentage (margins) of the total value of shares bought and the remaining is funded by Angel Fincap Pvt Ltd (AFPL)

What are the benefits of Margin Funding?

Margin Funding facility is beneficial to the investors who trade on delivery basis and hold investment. As per the Exchange guidelines, debit is not allowed in broking beyond T+7.

What are the formalities to getting margin funding/exposure?

Along with your demat trading account, you need to open an NBFC account with us. The account opening is completely free.

What is margin amount?

This is the money which is credited in your Trading Account that you open with us. And, you can withdraw this money anytime you want (just like you would do from your saving bank a/c). It is simply a transfer from your bank a/c to your trading a/c. This amount can be higher than Rs 25,000 also depending on your investment needs. As mentioned earlier, we provide an additional 100% margin amount at a reasonable 18% rate of interest to enable you to have higher trading limits

What is the minimum margin amount you require?

You can start with any amount you are comfortable with, but we recommend that you start with a substantial amount of say, at least, Rs. 25,000/-.

What are the margins required for trading in commodities?

Depends on what contract you need to buy. Normally, you need around Rs 20,000 to trade in a commodity contract.

What are the margins required for trading in currencies?

Depends on what contract you need to buy. Normally, you need around Rs 20,000 to trade in a commodity contract.

If I want funds the same day, by when should I take the pay out?

If the payout is marked before 5 pm, you will receive the funds in your bank account the same day, provided your trading account is completely settled with us and there is no pending payment to be done.

What are the margins required for trading in commodities?

Depends on what contract you need to buy. Normally you need around Rs 20000 to trade in a commodity contract

What are the pay in pay out time frames?

The time frame is 1 pm every working day.

What are your brokerage charges?

Please continue your application and once your details are verified, you will be able to check out our relevant brokerage plans. You can also check out our plan comparison calculator here.

Can I get a better deal on brokerage?

Of course, all our clients that trade online get an additional 20% discount on brokerage

Is your brokerage is still higher than others?

At Angel Broking, we focus on delivering accurate advice based on high quality research to enable our clients to grow their portfolio and profits, for which we do not charge a single penny to our customers. Compared to the value we deliver, the brokerage is considerably competitive and miniscule as compared to the gains our customers can expect based on our advice.

Can I get better deal on brokerage ?

Of course, all our clients that trade online get an additional 20% discount on brokerage.

When do I get my cash back brokerage?

The cash back is credited as prepaid brokerage to your account and is valid for a period of 6 months from the date of your account activation.

When do I get my cash back brokerage?

The cash back is credited as prepaid brokerage to your account and valid for a period of 6 months from the date your account is activated.

Do i have to pay brokerage even if am in loss?

Yes, you need to pay the brokerage even if you face a loss.

Apart from brokerage what are the other charges?

Apart from brokerage there are only the standard government taxes –>

What is delivery brokerage?

To be Quoted from the Brokerage Sheet, basis the Margin.

Do you have the prepaid brokerage account?

Yes, we do have subscription schemes available

Do you have a fixed brokerage option?

No, we do not have any fixed brokerage option

Are the charges and the brokerage different if i open an account with a sub broker?

No, the charges and brokerages are the same even if you open account with our sub-broker

Why is the brokerage different for different margin payments? Would the service also differ according to the margin payments I make?

Yes, for different margin amounts we charge different brokerage & NO, the level of service does not differ

If I commit a daily volume is there any lower brokerage plan?

Our brokerage rates depend on the initial margin payments. By paying necessary margin you can opt for the plan with the lowest brokerage rates.

Is there an option to change my brokerage?

Yes, however this will be subject to the Volumes traded etc and a business approval

Where can I check the brokerage applicable for my account?

You can check this in your KYC form scan copy available in Angel Web (Login to trade.angelbroking.com) –Click on the Client code icon on Top Right Hand side – Select My Profile -Click on My KYC copy.

Can I calculate the brokerage, even before I place a trade?

Login to Angel Eye (angeleye.angelbroking.com) – Accounts- Back office- ‘Brokerage Calculator’ (Top Right of the page).

Can I have two trading accounts with Angel Broking?

No. You may open multiple Demat accounts , however just one trading account with a broker.

Do I have to pay brokerage even if am in loss?

Yes, you need to pay the brokerage even if you face a loss.

If I commit a daily volume is there any lower brokerage plan?

Our brokerage rates depend on the initial margin payments. By paying necessary margin you can opt for the plan with the lowest brokerage rates

Can a registered Authorised Person share brokerage with the stock broker

Authorised Person can receive remuneration – fees, charges, commission, salary, etc. for his services only from the stock broker and shall not charge any amount from the clients. Accordingly, stock broker can share brokerage with the Authorised Person but shall not charge any amount directly from the clients.

What is minimum brokerage charge?

The minimum brokerage charge is Rs 30/- . As per the agreed brokerage slab if you are unable to generate a brokerage of Rs. 30 on any given trading day , then you will be levied an additional brokerage upto Rs. 30 or 2.5% whichever is lower in a particular segment.

NA

I have not been using my account since long, What is the procedure to close my account?

Please fill Account Closure form and submit the same to your respective Angel branch. You will get the Account Closure Form on our website under ‘Important Document’ section.

Can I make online request via Email to close my account without submitting physical request of account closure?

No, you cannot make online request via email to close your account without submitting physical request of account closure.

I want to close my account but I can not travel to your branch, please assist me to get the closure form online? Is it available on your website?

Yes, Account Closure form is available on our website > Home Page > Important Document. Please download the same and submit it to your respective Angel branch.

Do I need to provide all holder's signature on closure form?

Yes, Account Closure form should be signed by all the holders.

Do I need to mention the reason for closing the account, mandatorily in account closure form?

Yes, it is preferable to mention the reason of closing the account.

Do I need to mention all the relevant details in account closure form?

Yes, it is mandatory to mention all the relevant details on account closure form.

What is the procedure of account closure in case I have a debit in my account?

In such a scenario you should first clear all your debit in all the segments and then send the closure request to feedback@angelbroking.com.

How would I get to know the rejection in my account closure request?

You will get an SMS on your registered mobile number regarding the rejection in your account closure request.

How would I get to know the details of my account (Debit+Credit) before closure of my account?

You can contact your registered branch to get the debit+credit details of your account or you can check the same form your back office login.

I am currently out of India and wanted to close my account via email. How can I do this?

Email request cannot be accepted for closure of account. Please download the account closure application from our website and courier it to your registered branch for further process.

What are the charges for account closure?

There are no charges for account closure.

I have holdings in my Demat account, can I close my Demat account without transferring my shares?

No, You cannot close your demat account without transferring your shares to another Demat or without selling it.

I got a mail for Demat charges recovery but I had already told your official to close my account 2 months back on phone, can you please explain me?

Account Closure request given on phone is not a valid request. You should submit the physical copy of account closure request to your registered Angel branch in order to get your account closed.

What are the charges for account closure?

There are no charges for account closure.

I wanted to close my Angel DP and wanted to map demat account of other DP, can I do so? What is the procedure for the same?

Yes, you can close Angel DP and get another DP mapped to your trading account. Fill up account modification form for addition of external DP and along with this submit latest original CML, Transaction/Holding statement.

Do I need to provide all holders’ signature on Modification form?

Yes, You need to provide all holders signature on given modification form.

Are existing client details mandatory to mention on given modification form?

Yes, it is mandatory to mention existing client details in given modification form.

What is the TAT for any modification?

Modification request will be processed within 2 working days once its received at Central Processing Unit .

Is email id mandatory for account opening ?

Yes, as per Angel policy , all your account statements will be sent to your registered email id only.

Can you deliver the Welcome Kit to my Sub-Broker in my absence?

Welcome Kit contains various confidential documents of the clients, so we cannot deliver it to anyone other than the client.

Can I get both Electronic and Physical Welcome Kit?

No, all ECN clients are sent Electronic Welcome Kits. In case you have opted for a Demat account with Angel, then the DIS books will be sent to you by courier.

I have not yet received any Welcome kit from you. What should I do?

Kindly contact our Centralised Service Helpdesk @ 1860 200 2006 / 1860 500 5006 to enquire about the status of your welcome kit or you can email us at feedback.angelbroking.com

Brokerage

What are the different brokerage slabs available?

There are different slabs available and this depends on the Margin amount provided

What are your brokerage charges ?

Please continue your application and once your details are verified you will be able to check out our relevant brokerage plans . You can also check out our plan comparison calculator here.

Can I get better deal on brokerage ?

Of course, all our clients that trade online get an additional 20% discount on brokerage.

Is your brokerage is still higher than others?

At Angel Broking, we focus on delivering accurate advice based on high quality research to enable our clients to grow their portfolio and profits, for which we do not charge a single penny to our customers. Compared to the value we deliver, the brokerage is considerably competitive and miniscule as compared to the gains our customers can expect based on our advice.

When do I get my cash back brokerage?

The cash back is credited as prepaid brokerage to your account and valid for a period of 6 months from the date your account is activated.

Do i have to pay brokerage even if am in loss?

Yes, you need to pay the brokerage even if you face a loss.

Apart from brokerage what are the other charges?

Apart from brokerage there are only the standard government taxes –>

Do you have the prepaid brokerage account?

Yes, we do have subscription schemes available

Do you have a fixed brokerage option?

No, we do not have any fixed brokerage option

Are the charges and the brokerage different if i open an account with a sub broker?

No, the charges and brokerages are the same even if you open account with our sub-broker

Why is the brokerage different for different margin payments? Would the service also differ according to the margin payments I make?

Yes, for different margin amounts we charge different brokerage & NO, the level of service does not differ

If I commit a daily volume is there any lower brokerage plan?

Our brokerage rates depend on the initial margin payments. By paying necessary margin you can opt for the plan with the lowest brokerage rates

Is there an option to change my brokerage?

Yes, however this will be subject to the Volumes traded etc and a business approval

Where can I check the brokerage applicable for my account?

You can check this in your KYC form scan copy available in Angel Web (Login to trade.angelbroking.com) –Click on the Client code icon on Top Right Hand side – Select My Profile -Click on My KYC copy

Can I calculate the brokerage, even before I place a trade?

Login to Angel Eye (angeleye.angelbroking.com) – Accounts- Back office- ‘Brokerage Calculator’ (Top Right of the page)

Can I have two trading accounts with Angel Broking?

No. You may open multiple Demat accounts , however just one trading account with a broker

Can a registered Authorised Person share brokerage with the stock broker?

Authorised Person can receive remuneration – fees, charges, commission, salary, etc. for his services only from the stock broker, and shall not charge any amount from the clients. Accordingly, the stock broker can share brokerage with the Authorised Person but shall not charge any amount directly from the clients.

What is minimum brokerage charge?

The minimum brokerage charge is Rs 30/- . As per the agreed brokerage slab, if you are unable to generate a brokerage of Rs. 30 on any given trading day, then you will be levied an additional brokerage upto Rs. 30 or 2.5%, whichever is lower in a particular segment.

Charges

Is there an account opening fee? When is it charged?

There is no account opening fee. However, there is an Annual Maintenance charge of 450/- and a onetime charge of 50/- for POA and 36/- for KRA along with applicable service tax. AMC charge is waived off for one year, 2 years and 3 years respectively for margin payments of 25000/- to 49999/-, 50000/- to 99999/- and more than 1 lakh respectively.

Is there a monthly charge for DP?

We only charge AMC on an annual basis.

Is there a monthly charge for DP?

We only charge AMC on an annual basis

What happens if I don't trade at all? Would you still charge any fees?

You would be charged Annual maintenance charges for your demat account. No brokerage will be charged

What are the charges for account closure?

There are no charges for account closure.

Fund Transfer

What is Virtual transfer facility?

Virtual Account is a facility with which you can effortlessly transfer funds from your bank.

Holding

Limit exposure

How much exposure will you provide?

2 Times the margin amount

Margin

Do I need to have money before buying of shares? 

Yes, you need to have money in your Trading account before placing an order. Alternatively if you have sold some shares, the sale proceeds can be used to buy the shares you want

How I can use Virtual transfer facility?

You can use Virtual transfer facility by two ways as below: 1. You can transfer the fund from your net banking through Third Party transfer option (RTGSNEFT mode). 2. Go to your bank and transfer the funds through RTGSNEFT mode by filling the RTGSNEFT slip

Instead of the margin money, can i simply transfer my holdings to angel?

You can transfer your existing holdings, but we still require cash margin to open an account.

How to place a Margin Order?

Login into your Angel Account using the Mobile app.
Search the scrip using Buy/ Sell on the Menu or select the scrip in the MW.
You will see Buy order pad when you click on the search result when you navigate from the Menu. When you select the scrip from MW you will directly get button Buy/ Sell.
On the order pad select the product type as Margin.
Confirm the order by adding other details.
Your order is placed.

Why is the min limit at 10k?

It is observed that investors need a minimum of Rs 10k to build a proper portfolio of good stocks to begin with in the stock markets.

Do I need to pay all the amount now?

Paying the margin money right away will help you act faster once your account is set up, however you can also choose to pay initial token amount of just Rs 500 and pay the margin amount once account is opened.

Would the service differ according to the margin payments I make?

All our clients receive the same level of service irrespective of the margin payments. However to make your trades cheaper it is advised that you chose a higher margin plan as the brokerage rate depends on margin amount

What is margin Funding?

Margin Funding is a lending facility where client can avail loan to trade in shares (Cash Segment of BSE & NSE ) against margin amount. The investor pays only an agreed percentage (margins) of the total value of shares bought and the remaining is funded by Angel Fincap Pvt Ltd (AFPL)

What are the benefits of Margin funding?

Margin Funding facility is beneficial to the investors who trades on delivery basis and holds investment. As per the Exchange guideline Debit is not allowed in Broking beyond T+7. To take high exposure

What are the formalities to getting margin funding/exposure?

Along with your demat trading account, you need to open an NBFC account with us. The account opening is completely free.

What is margin amount?

This is your money which is credited in your Trading Account which you will open with us and you can withdraw this money anytime you want (just like your saving bank a/c). It is simply a transfer from your bank a/c to your trading a/c. This amount can be higher than Rs 25,000 also depending on your investment needs. As mentioned earlier, we provide an additional 100% margin amount at a reasonable 18% rate of interest to enable you to have higher trading limits.

What is the minimum margin amount you require?

You can start with any amount you are comfortable with, but we recommend to start with a substantial amount of say at least Rs.25,000/-

What are the margins required for trading in commodities?

Depends on what contract you need to buy. Normally you need around Rs 20000 to trade in a commodity contract

What are the margins required for trading in currencies?

Depends on what contract you need to buy. Normally you need around Rs 20000 to trade in a commodity contract

Pay in-Pay out

Commodities

Can I take delivery in commodities?

Yes, in selected commodities [Agri/Gold/Silver]

What are the market timings?

10am to 11:30 pm [Domestic agri products – 10-5pm] [International Agri Products – 10-11:30pm]

Currencies

What are the pairs in currencies?

oreign exchange or Forex is the simultaneous buying of one currency and selling of another. Currencies are traded through a broker or dealer and are executed in currency pairs. For example: the Euro and the US Dollar (EUR/USD) or the British Pound and the Japanese Yen (GBP/JPY). The Foreign Exchange Market (Forex) is the largest financial market in the world, with a daily volume of over $4 trillion. This is more than three times the total amount of the stocks and futures markets combined. Unlike other financial markets, the Forex spot market has neither a physical location nor a central exchange. It operates through an electronic network of banks, corporations, and individuals trading one currency for another. The lack of a physical exchange enables the Forex market to operate on a 24-hour basis, spanning from one time zone to another across the major financial centers. This fact – that there is no centralized exchange – is important to keep in mind as it permeates all aspects of the Forex experience.

What are the lot sizes?

USD-INR – 1000 Dollars, EUR-INR – 1000 Euros, GBP-INR 1000 GBP, JPY-INR – 1,00,000 JPY

When is the contract expiry in currencies?

2 working days prior to the last business day of the month

Equity

I have never invested in equity, and know about the risk in it, Is it possible I don't lose any money?

In crash, markets are cheaper. Lower PE the better. Current valuations are acceptable. Top 10 recommended stocks of AB

What are Delivery charges?

1% VAT [Reversed if sold within 2 months] & 30paisa brokerage on volume by C&F agent if client does not have sales tax no

What are Equities?

Equity is a part of a company, also known as stock or share. When you buy shares of a company, you basically own a part of that company. A company`s stockholders or shareholders all have equity in the company, or own a fractional portion of the whole company. They buy the shares because they expect to earn profit when the company profits

Why invest in equities?

A. Returns: Stocks can help you build long-term growth into your overall financial plan. Over a longer period of time, shares can produce significant capital gains through price appreciation. Some companies also issue free or bonus shares to their shareholders as another way of passing on company profits or increases in their net worth. Stocks, as an asset class, have outperformed most other type of investments over longer periods of time.
In addition, stocks pay dividend income, which has the potential to grow overtime. Shares that pay regular dividends are called income stocks. These companies have capital appreciation potential and when dividends are reinvested into additional shares, there is also the potential to compound investment returns.
B. Ownership: Stock represents an ownership or equity stake in a corporation. If you are a stockholder, you own a proportionate share in the company’s assets. That means you gain a part of the ownership of the company.
C. Tax Benefits: Investment in shares reaps great tax benefits. The dividend income generated on shares is completely tax-free. Long-term capital gains arising on equity investment is not taxed by the government. That means, if you invest in a company and keep the shares for 12 months, you don’t need to pay any tax on income you earn on selling the shares after 12 months. Short term capital gains tax on shares is also just 10%, while investment in other asset classes attracts short-term capital gains tax of 30%.
D. Control over your financial future: You can decide exactly how your money is invested, enabling you to have utmost control over your finances. You can choose to invest independently using your knowledge and expertise, share this responsibility with Angel Broking Ltd, who can advise you on what shares to buy and sell or ask Angel Broking to manage portfolio for you.

What are the frequently used terms when investing in equities?

A. Bid: This represents the highest price a prospective buyer is willing to pay for a stock.
B. Offer (Ask): This represents the lowest price a prospective seller is willing to accept for a stock.
C. Market Order: An order to buy or sell a specified number of shares at the best available price at the time the order is received on the exchange floor. All orders not bearing a specific price are usually considered “at the market” which could mean paying the “offer” when buying or accepting the “bid” when selling.
D. Limit Order: An order for which you request a specific price at which the transaction may be executed.
E. Stop Buy and Stop Loss Orders: Orders to buy or sell that are placed above or below the current market price, which become active orders when the price of a board lot rises or falls to the specified price. These orders may be placed to execute at the market, at a specified limit or within a specified price range. A stop buy order can be used to protect against losses in a short sale, whereas a stop loss order can be used to protect a paper profit or to limit a possible loss when you already own the shares. Not all stock exchanges will accept these orders. Stop buy and stop loss orders are risky because they may not necessarily fill at the specified price but at the best possible price available at that time.

Do I get online confirmation of orders and trades?

Yes, you get online confirmation of orders and trades – the status of any order is updated on real-time basis in the Order Book. As soon as you place your order they are validated by the system and sent to the exchange for execution. The entire process is fully automatic and there are no manual interventions. You will also receive an e-mail confirming the orders placed by you at the end of the trading day. Digitally signed contract notes will also be sent via e-mail for the orders executed during the trading day.

F&O

What is the maximum contract term available?

It depends on the contracts written in market – from 1 week to 1 year.

What is Future contracts?

A futures contract is a standardized forward contract which can be easily be traded between parties other than the two initial parties to the contract.

What is an Option contracts?

An options contract is an agreement between a buyer and seller that gives the purchaser of the option the right to buy or sell a particular asset at a later date at an agreed upon price.

IPO

Can I invest in IPOs as well as buy Mutual Fund units & insurance through the same product?

Yes, you can invest in IPO’s / Mutual Fund / Insurance through the same product

How can I apply for IPO?

A. All clients can apply in IPO only through ASBA mode (Application supported by Blocked Amount).
B. Clients cannot apply online through Angel-EYE since client signature is required on the IPO forms.

How will funds get blocked for IPO?

The client just needs to submit signed ASBA application form which is pre filled with application details. No need to provide cheque. Funds would be blocked in the bank account mentioned in the form. Funds would get released if shares are not allotted.

Where I can submit IPO Forms?

Clients can submit application forms in nearest Branch /CSO/ SB.

Can I buy / apply for an IPO through Angel Broking

Yes; you can apply in IPO’s if you have trading account with Angel Broking.

Trade terminologies

Trading Software

Can I trade through mobile?

Yes, you can trade through mobile using our Angel Broking app . It is fast, simple and convenient

Can i buy the trading software directly from BSE?

Yes, you can; but we would not recommend doing so as the software is very costly [Approx 15Lac] and also you will be able to trade only on BSE and no other exchanges, which is a disadvantage

What software do you have?

Our trading platform is available as a website (Angel Web), mobile app (Angel Broking App) and also as a desktop application (Angel SpeedPro) . You can chose your platform based on your convenience

Can I get a demo of the software?

Yes, you can certainly get a demo. Please visit our website, under Products tab you will find Videos of our products and their features. Alternatively , you may also send an email to feedback@angelbroking.com requesting for a demo

If mobile is lost, can anyone sell my shares? Is there any risk coverage?

No sir, the password is only with you. We keep the password in encrypted formats. So no one can sell your shares apart from you. Its advised that you keep your password safe with you.

Is your software speed better than of ICICI & Kotak Securities?

We are not aware about the speed of ICICI or Kotak Securities; but we can assure you that there is NO lag in the time & price updation in our software. They are LIVE with NO lag at all

Does the 'My Portfolio' page automatically refresh? Or do I have to individually click on each script to refresh it?

The My Portfolio page automatically refreshes itself. You don’t have to do it manually.

I want to create a list of my preferred shares and trade from that list. Do I need to see all stocks?

Yes you can create a watchlist of your preferred shares and get relevant information of only those stocks and then you can buy or sell those stocks directly

Demat Account

I already have a demat account, do i still need to give you all the required documents?

Since you already have a Demat A/c, you should probably be KRA registered. Please let me know your PAN No so that I can check. If you are KRA registered we can accept your KRA registration to open your trading+Demat account with Angel without identity & address proof, provided your current details are the same as mentioned in KRA.

Do I need to open demat account for commodities?

No its not mandatory but you may let our executive know while account opening if you wish to open one.

Can I cancel my BSDA facility at any course of time after it's activation?

Yes, you can do so by filling up the tariff sheet duly signed and by submitting the same to Angel branch.

Is Nomination mandatory for Demat account?

No, Nomination for Demat Account is an optional facility for client.

What does BSDA stands for? What is the procedure to activate my BSDA facility in Demat account?

“In accordance with the SEBI circular CIR/MRD/DP/22/2012 dated August 27, 2012, with effect from October 1, 2012, all the Sole or First demat account holders, having value of securities not exceeding Rupees Two Lakhs, are eligible and have an option, to convert their existing demat account into Basic Services Demat Account (BSDA) at the time of AMC renewal by agreeing to certain terms and conditions as and further agree to pay charges for BSDA as mentioned in Schedule of Charges.* Procedure to opt for BSDA facility during account opening – Client need to provide 2 set of supplementary forms “DECLARATION FORM” and “TARIFF SHEET” duly signed and send it along with the KYC form.”

I will not operate my trading as well as demat account for the next 6 months, will you still charge me account maintenance charge?

Yes, even if there are no transactions executed in your account, you will be charged with the Account Maintenance Charges.

What is POA in Demat Account meant for?

POA stands for Power of Attorney in DP account where in beneficial Owner appoint Angel broking as a lawful attorney on behalf of him/her for the purpose of Auto Pay-in of shares to exchange to discharge the settlement obligations in respect of securities sold by him/her or for the purpose of providing margin in respect of trading position taken up by BO. Please refer to the POA form in our KYC application for further details.

My son is 5 years of age, can he be the nominee for my Demat account?

Yes, he can be a nominee to your demat account and since he is a minor, you need to provide guardian details for him in the KYC.

Why do you need so many details for my account ?

Your information is needed for account opening in accordance with the regulatory requirements for account opening.

What if I want to add a second person to my account ?

No in trading & demat account , you cannot add a second holder. For demat , you can open another joint holder account.

How can I nominate a person on my account ?

You need to fill up Nomination form availiable on our website and submit it to our Centralised helpdesk

I wanted to open trading and demat account under Corporate category, should I need to submit KRA form for all the directors?

Yes, even if you want to open Corporate account, you have to submit KRA form with all the authorized director details.

I have an account in Mutual Fund segment along with KRA can I use this KRA registration number to open a trading + demat account with Angel?

Yes, we can accept KRA registration of Mutual Fund to open your trading+Demat account with Angel without identity & address proof provided your current details are the same as mentioned in Mutual Fund KRA.

Can I map my Wife's Mobile number to my Trading+demat account

No, clients own mobile number should be updated in his/her Trading+DP account.

I want to close my account and to transfer all my shares to my another Demat account, what is the procedure for the same?

“Below given documents are required for transfer cum closure process – • Account closure form• Original latest CML Copy of other DP along with DP official attestation and seal.• If there is any Inactive script in clients DP account, then DIS slip is mandatory so that post the respective script is activated, it can be transferred to the provided DP (other DP). Kindly submit all the above documents to our Angel branch.”

I already have a Demat Account. Can I open only Trading account with you?

Yes. You can only open trading account and link your existing demat account.

Everybody offers trading services & demat account for free. Why should I open the a/c with AB?

When you open an account with Angel Broking you get complimentary access to our cutting edge advisory services who regularly come up with stock recommendations that have delivered more than 100% returns. Our research team regularly gets featured in leading business news channels

Welcome Kit

Document

How come you are able to get my information using PAN number ?

SEBI requires us to maintain record of clients registered for stock trading in their database. This database simplify your account opening process by accessing your data whenever you validate your PAN card.

What if my name on my PAN has slight mismatch , can I edit it ?

You can edit the details backing them with valid documents as required. We will then update your details in the database

Why do you need my AADHAR number ?

AADHAR is the universal identity number for Indian citizens issued by the government. Validating AADHAR details will help facilitate your application process faster with minimal documentation.

What if I don’t have an AADHAR number ?

You can still apply for the account even if you don’t have an AADHAR number.

Will I get the photocopy of my account opening application form?

Yes, you will get a copy of your account opening application in your online login .

I want to open HUF account keeping myself as a karta, is it mandatory to provide my individual documents too along with HUF documents?

Yes. If you want to open HUF account, keeping you as a karta then you need to provide us with your individual documents such as individual pan card copy and address proof.

Can I provide Gas Connection Bill as a valid Permanent address proof?

Yes, you can provide Gas connection bill as a valid address proof but make sure the same should not be older than 3 months

I am staying in a rented flat; can the rent agreement be valid as my permanent address?

No, address of rented house cannot be considered as a valid permanent address but can be accepted as a correspondence address proof.

My Ration card has my address in Regional language; can it be acceptable as a valid address poof?

Yes, it can be accepted as a valid address proof but make sure to mention your address by translating it in English on the copy of the proof along with the attestation of respective Angel employee

Can Bank statement be accepted as Address proof?

Yes, Bank statement can be considered as address proof provided there are recent transactions appearing for the last 3 months in the statement.

I am working in State Government organization, can I provide my Employee ID card as a proof of Identification.

Yes, you can provide such document as a supporting identity proof to Pan card copy.

I have my bank account where my wife is a joint holder and her name appears first in the bank document, can I submit the same as my bank proof to open my trading + DP account?

Yes, you can provide such document as a bank proof but make sure that such document should also have your complete name displayed/pre-printed on it.

I do not have latest 6 months Bank statement with me, what are the other optional documents that can be taken as financial proof?

Following are the applicable documents apart from bank statement as a valid financial proof, please provide any one of the following -* Copy of ITR Acknowledgement (for last financial year)* Copy of Annual Accounts (for last financial year)* Copy of Form 16 in case of salary income (for last financial year)* Net worth certificate (latest one, or at the end of last financial year)* Salary Slip (for one month in current financial year)* Copy of Demat account Holding statement (not more than 3 months old)

Is it mandatory to submit the financial proof to open derivative account segment?

Yes. It is mandatory to provide valid financial proof to open any derivative segment. Refer account opening form to know the detailed list of financial documents that can be accepted.

My Pan card copy is old and the same is not legible at all. What are the additional documents that can be submitted along with the Pan card copy?

In such a scenario, client can provide any other valid photo id proof in support to pan card such as Driving License, Passport, Voter id or Aadhar Card etc.

Is it mandatory for the client to self attest the photocopies of the documents provided?

Yes. It is mandatory for clients to self attest all the photocopies of the document.

Is it mandatory for me to produce my original documents to your sales officer for verification of Photocopies?

Yes. It is very much mandatory to provide your original documents to our Sales officer for verification process of photo copies

Can I change my residence address and bank details using one single modification request form?

Yes. You can change your residence address and bank details using one single modification request form duly signed by all the holders.

Which document proof should I provide to change my Bank details?

To change bank detail in your account, please provide modification form duly signed by all holders along with any of the following document proofs* Bank Passbook* Bank Statement (latest by 3 months old)* Cancelled cheque copy (personalized)* Banker’s letter mentioning all relevant details of client’s account (on Bank letter head).

What if I don’t have the documents now?

Its alright! You can provide your documents later when our executive meets you.

Why do you need to validate my PAN and DOB ?

As per financial laws PAN card validation is mandatory requirement for financial transactions in the country. For this purpose we need to validate your PAN card details.

What if my AADHAR or PAN validated data doesn’t match ?

You can select which data to choose for account application or manually enter your details though you will need valid documents as required.

What formats of documents can I upload ?

You can upload, pdfs, jpeg, png or any other image document formats.

What if I don’t have the documents with me when applying ?

You can complete your online application and submit the documents later to our representative later or send it via email or WhatsApp. It is advisable to share your documents as soon as possible to get your account going quickly.

Why do you need the cancelled cheque?

We need a personalised cancelled cheque to capture all the relevant bank account details to link with your trading account for seamless fund transfer facility

If the client is an Aadhar verified client then which documents needs to be collected from the client

Bank proof (Only if client opts for Derivatives)

If client edits any data (e.g. clients name or address), auto populated from Aadhar then documentary proof supporting the same will be required.

I already have a demat account, do i still need to give you all the required documents?

Since you already have a Demat A/c, you should probably be KRA registered. Please let me know your PAN No so that I can check. If you are KRA registered we can accept your KRA registration to open your trading+Demat account with Angel without identity & address proof, provided your current details are the same as mentioned in KRA.

What are the basic documents required to open a trading+demat account?

To open a trading + demat account following are the basic documents required -*Copy of Pan Card*Copy of Bank proof*Copy of valid residence address proof ( or office address proof in case of Corporate Account)*Copy of Demat proof*Copy of valid financial proof (In case of F&O)

What is the validity of KRA registration?

There is no such validity of KRA registration, once you get registered it is valid for lifetime.

Do i need to give documents if I am KRA registered?

If you are KRA registered you don’t have to provide any document for proof of address and proof of identity.

Which document proof should I provide to add my new DP details with my Trading account?

You need to provide modification form duly signed by all holders along with new DP proof (Client master copy OR Latest DP transaction/holding statement)

KYC

Can I coordinate with Head Office directly for any KYC related coordination?

Yes, You can always contact 022- 4231966 , 8: 30 am to 8: 30 pm, or email IT Support Desk – itsupportdesk@angelbroking.com

What are the additional documents required to opt for RTGS?

RTGS stands for Real Time Gross Settlement, which relates to direct credit of your fund to your bank account mapped to Angel. You need to provide us with the cancelled cheque copy of your bank account.

Can I sign the KYC form as per my bank account? What is the additional document required for doing so?

You can sign the KYC form as per your bank signature. You also need to take a signature verification letter (affixing your photo attested by the bank on it) from your bank.

If client is opting for both Commodity and Equity, then how many DKYC PDF’s will be generated.

2 KYC PDF’s (1 KYC PDF for Equity and 1 KYC PDF for Commodities)

If you are facing problem in DKYC then which number should you call for prompt resolution:

You can always contact IT Support Desk 022- 4231966 , 8:30 am to 8:30 pm

How many wet signatures of the customer is required on the DKYC form?

3 wet Signature (Declaration Page, Nominee Page & POA Page)

Which banks have been linked? Can I pay in from any account or does it have to be the registered account? Is there a drop down that gives me various options of banks that I would like to pay in from?

We have 41 banks registered with us. /ft/. Yes, you get a dropdown of all the banks which you register with us. You can also transfer funds through other banks through “Virtual Transfer” option we have

Physical Shares

What is the process of dematerialization of paper shares?

To convert the physical shares into electronic/demat form, a Dematerialization Request Form (DRF), which is available with the Depository Participant (DP), has to be filled in and deposited along with share certificates. On each share certificate, ‘Surrendered for Dematerialization’ needs to be mentioned.
For further details, you can also visit our website:  /demat-account/what-is-dematerialization

Can I convert my physical shares into demat form?

Yes, you can convert your physical shares into Demat form.

I have physical shares in the name of my Father/Mother, and they are not alive anymore. How can I get those shares online for selling? And in whose name should I open the demat A/C?

You will have to produce the Death certificate of the deceased and produce a court indemnity stating that you are the legal heir after your parents. After that you need to open a demat & trading account on your single name and complete the share transfer process in your account

Other

I am an offline client, now I wanted to trade online, what is the process for the same?

To convert your account from Offline to Online portal, please fill the application for Internet trading and Mobile trading or you can mark a request through our website www.Angelbroking.com > Home Page > Online trading.

Can I apply online without signing any physical form to activate my online trading facility?

Yes, You can apply online for online trading facility through our website www.Angelbroking.com > Home Page > Online trading.

Can I change my signature in your record post account opening? What is the procedure for the same?

Yes, you can change your signature post account opening and you need to provide signature change request form along with the signature proof (new).

What is Transmission?

Transmission means transfer of securities from one demat account to new demat account due to the death of the sole account holder. Transmission can be applied by Nominee / Successor / Guardian of the successor or nominee (In case of Minor)

What is EASI?

EASI is a facility from CDSL where in a client can view his/her ISIN balances, transaction and value of the portfolio online through CDSL’s website: www.cdslindia.com

How long does the online application process take ?

It will just take 5 to 10 minutes of your time and subject to application approval you can get your trading account within 1 hour.

Can I apply for someone else ?

Yes, for this you would need to share their details and documentation. For e.g.. You need the documents of the applicant required to complete the application.

Why do you need my bank details ?

Your bank details are needed to facilitate smooth movement of funds to and from your account as and when you need to trade or remit them.

don’'t have my bank details with me now. What can I do?

You can pay a token amount using net banking or digital wallets and share your details with our representative.

Are my details secure ?

We keep your data secured with the 128bit encrypted SSL connection and highest level of security standards in the the financial services industry.

What is the AMC?

Annual Maintenance charges are paid to the depository participant [CDSL] as a fees to maintain your demat account with them

Is there an account opening fee? When is it charged?

There is no account opening fee. However there is an Annual Maintenance charge of 450/- and a onetime charge of 50/- for POA and 36/- for KRA along with applicable service tax. AMC charge is waived off for one year,2 years and 3 years respectively for margin payments of 25000/- to 49999/-, 50000/- to 99999/- and more than 1 lac respectively

Trading Account

Why do you need so many details for my account?

Your information needed is in accordance with the regulatory requirements for account opening.

What if I want to add a second person to my account ?

Once your account is opened you can contact customer support on feedback@angelbroking.com to get this done.

How can I nominate a person on my account ?

Once your account is opened you can contact customer support on feedback@angelbroking.com to get this done.

Does it really take just 1 hours to start trading ?

Yes, if all your documents are valid and your application is approved it would take just 1 hour for us to get your trading account ready to trade.

Can I map my Wife's Mobile number to my Trading+demat account

No, clients own mobile number should be updated in his/her Trading+DP account.

I want to close my account and to transfer all my shares to my another Demat account, what is the procedure for the same?

“Below given documents are required for transfer cum closure process – • Account closure form• Original latest CML Copy of other DP along with DP official attestation and seal.• If there is any Inactive script in clients DP account, then DIS slip is mandatory so that post the respective script is activated, it can be transferred to the provided DP (other DP). Kindly submit all the above documents to our Angel branch.”

I already have a Demat Account. Can I open only Trading account with you?

Yes. You can only open trading account and link your existing demat account.

Everybody offers trading services & demat account for free. Why should I open the a/c with AB?

When you open an account with Angel Broking you get complementary access to our cutting edge advisory services who regularly come up with stock recommendations that have delivered more than 100% returns. Our research team regularly gets featured in leading business news channels

Which document proof should I provide to add my new DP details with my Trading account?

You need to provide modification form duly signed by all holders along with new DP proof (Client master copy OR Latest DP transaction/holding statement)

What are the types of trading account that i can open with Angel?

Equity, Commodity, and Currency account can be opened with Angel.

Which form should I submit to add my new DP details to my existing trading account?

KYC modification form to be submitted along with required document proofs such as Latest Client master copy, DP transaction statement etc to add a new DP details to your existing trading account

How many banks can be added to my trading account?

Client can add as many bank account as per his desire but only one bank can be marked as a default payout bank for funds.

KRA

I wanted to open a trading and demat account under the Corporate category. Do I need to submit KRA form for all the directors?

Yes, even if you want to open Corporate account, you have to submit KRA form with all the authorized director details.

I have an account in Mutual Fund segment along with KRA. Can I use this KRA registration number to open a trading + demat account with Angel?

Yes, we can accept KRA registration of Mutual Fund to open your trading+Demat account with Angel without identity & address proof provided your current details are the same as mentioned in Mutual Fund KRA.

What is the validity of KRA registration?

There is no such validity of KRA registration, once you get registered it is valid for lifetime.

Do i need to give documents if I am KRA registered?

If you are KRA registered you don’t have to provide any document for proof of address and proof of identity.

How would I get to know the registration status of my KRA?

You will get an acknowledgement Letter from CVL-KRA after your successful registration with KRA.

What is the KRA charge and why is this deducted?

This is as per the process mandated by SEBI, wherein the brokers need to ensure that the KYC details of the clients are verified.
There is a central registry wherein the client KYC details are captured and authenticated as per SEBI guidelines. When we extract/upload these KYC details from this registry for your account with us, the KRA charge of approximately 36/- Rs is debited to you.

Account Modification

Do I need to provide all holders’ signature on Modification form?

Yes, You need to provide all holders signature on given modification form.

Are existing client details mandatory to mention on given modification form?

Yes, it is mandatory to mention existing client details in given modification form.

What is the TAT for any modification?

Modification request will be processed within 2 working days once its received at Central Processing Unit .

Account Closing

I am not using my account since long, What is the procedure to close my account?

Please fill Account Closure form and submit the same to your respective Angel branch. You will get the Account Closure Form on our website under ‘Important Document’ section

Can I make online request via Email to close my account without submitting physical request of account closure?

No, you cannot make online request via email to close your account without submitting physical request of account closure.

I want to close my account but I can not travel to your branch, please assist me to get the closure form online? Is it available on your website?

Yes, Account Closure form is available on our website > Home Page > Important Document. Please download the same and submit it to your respective Angel branch.

Do I need to provide all holder's signature on closure form?

Yes, Account Closure form should be signed by all the holders.

Do I need to mention the reason for closing the account, mandatorily in account closure form?

Yes, it is preferable to mention the reason of closing the account.

Do I need to mention all the relevant details in account closure form?

Yes, it is mandatory to mention all the relevant details on account closure form.

What is the procedure of account closure in case I have a debit in my account?

In such a scenario you should first clear all your debit in all the segments and then send the closure request to feedback@angelbroking.com.

How would I get to know the rejection in my account closure request?

You will get an SMS on your registered mobile number regarding the rejection in your account closure request.

How would I get to know the details of my account (Debit+Credit) before closure of my account?

You can contact your registered branch to get the debit+credit details of your account or you can check the same form your back office login.

I am currently out of India and wanted to close my account via email. How can I do this?

Email request cannot be accepted for closure of account. Please download the account closure application from our website and courier it to your registered branch for further process.

What are the charges for account closure?

There are no charges for account closure.

I have holdings in my Demat account, can I close my Demat account without transferring my shares?

No, You cannot close your demat account without transferring your shares to another Demat or without selling it.

I got a mail for Demat charges recovery but I had already told your official to close my account 2 months back on phone, can you please explain me?

Account Closure request given on phone is not a valid request. You should submit the physical copy of account closure request to your registered Angel branch in order to get your account closed.

What are the charges for account closure?

There are no charges for account closure.

I wanted to close my Angel DP and wanted to map demat account of other DP, can I do so? What is the procedure for the same?

Yes, you can close Angel DP and get another DP mapped to your trading account. Fill up account modification form for addition of external DP and along with this submit latest original CML, Transaction/Holding statement.

Lifetime FREE Demat Account*

Open an account