Angel One — founded in 1987 as Angel Broking and rebranded in 2021 — is one of India’s oldest and now second-largest stock brokers by active client base, with over 2 crore registered clients. The rebranding from Angel Broking to Angel One signalled its transition from a legacy full-service broker to a technology-forward, AI-integrated discount platform — while retaining its 37 years of market experience, research heritage, and ARQ (Angel Research Quotient) AI advisory engine as differentiators. It operates as a CDSL Depository Participant (registered with SEBI), making it one of the few large discount brokers that also brings advisory depth.
Key Features
ARQ Prime — AI-Powered Advisory: Angel One’s most distinctive feature is ARQ Prime — an AI-based research and advisory engine that delivers personalised stock and mutual fund recommendations based on quantitative analysis. No other discount broker at comparable pricing offers this level of AI-driven advisory support.
Angel One Super App: The platform is a single super app for stocks, mutual funds, ETFs, IPOs, F&O, US stocks, fixed deposits, insurance, NPS, and loans — one of the broadest financial product ranges in the discount broker segment.
Zero Brokerage on Delivery: Angel One’s iTrade PRIME flat-rate plan offers equity delivery brokerage at ₹0 and a flat ₹20 per trade for intraday, F&O, and all other segments.
Lifetime Zero AMC Option: Angel One offers a scheme where a one-time upfront payment of ₹1,250 provides a lifetime zero AMC demat account — a compelling proposition for long-term investors who want no recurring maintenance cost.
IPO Application: Direct ASBA-based IPO application from the app with real-time allotment tracking.
Charges
Account Opening: ₹0 — completely free.
AMC: First year AMC is free. From the second year, ₹60 + GST per quarter — totalling approximately ₹240 + taxes annually. Alternatively, the lifetime zero AMC plan requires a one-time ₹1,250 payment.
DP Charge (Sell): Angel One demat debit transaction fee is ₹20 per ISIN per debit transaction — flat and predictable.
Brokerage: ₹0 on equity delivery; ₹20 flat per order on intraday, F&O, currency, and commodity.
Overview Table: Angel One Demat Account
| Parameter | Details |
| Founded | 1987 (Angel Broking); rebranded Angel One 2021 |
| Depository | CDSL |
| Active Clients | 2 crore+ registered clients |
| Account Opening | ₹0 |
| Demat AMC (Standard) | ₹0 (Year 1); ₹240 + taxes/year (Year 2+) |
| Lifetime Zero AMC | ₹1,250 one-time payment |
| Brokerage (Delivery) | ₹0 |
| Brokerage (Intraday/F&O) | ₹20 flat per order |
| DP Charge (Sell) | ₹20 flat per ISIN |
| AI Advisory | ARQ Prime — personalised AI recommendations |
| US Stocks | Available |
| Product Range | Stocks, MF, ETF, IPO, F&O, FD, Insurance, NPS, Loans |
| Platforms | Angel One Super App; Web Trading; Desktop Terminal |
| BSDA AMC (<₹2L holdings) | ₹0 |
| BSDA AMC (₹2L–₹10L) | ₹1 + GST/year |
Frequently Asked Questions (FAQs)
Q1. What is Angel One’s AMC for a demat account?
A: First year AMC is free; from the second year, ₹60 + GST per quarter (₹240 + taxes/year). Alternatively, a one-time ₹1,250 payment provides a lifetime zero AMC account.
Q2. What is ARQ Prime at Angel One?
A: Angel One’s AI-powered research and advisory engine that delivers personalised stock and mutual fund recommendations based on quantitative modelling — available to all account holders.
Q3. What is the DP charge at Angel One?
A: ₹20 flat per ISIN per debit transaction when selling shares — one of the lowest flat DP charges among discount brokers.
Q4. Does Angel One provide a 3-in-1 account?
A: No — Angel One does not integrate with any banking partner for 3-in-1 account. Fund transfers require manual UPI, IMPS, or net banking transfers.
Q5. How long does Angel One account activation take?
A: Angel One activates your demat account within 48 to 72 hours after you complete your application and KYC.