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Angel One broker profile: account routes, trading costs, margin and US securities

An India-focused review of Angel One’s resident and NRI accounts, brokerage, depository fees, MTF, settlement, withdrawal windows, trading tools and separate DriveWealth-based US access.

By Editorial deskOperating status: ActiveSources checked Published Updated

Angel One brings Indian securities, derivatives, mutual funds and financed share purchases into its app and trading services. Account route matters: resident, NRI and US securities access have different tariffs and conditions. Its current currency policy is addressed separately below.[1]

Accounts & headline costs

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Broker essentials01

Angel One at a glance

Angel One at a glance
MeasureValueContext
Domestic contracting entityAngel One Limited; SEBI stock-broker registration INZ000161534.Source 2
Ordinary account opening₹0 opening charge and no mandatory minimum account balance.Source 3
Investment interfacesAngel One app and web, SpeedPro and SmartAPI serve different investing and trading workflows.Source 1
Currency serviceThe current risk policy describes the currency segment as inactive.Source 4
Account comparison02

Domestic account routes

Domestic account routes
CustomerOpening requirements and boundary
Resident individualPAN, identity/address and bank verification, with the required digital verification steps. A demat account holds securities; trading and derivative permissions require the appropriate account activation.Source 3
Joint, corporate or minorSeparate account categories are available. A minor uses a guardian; individual signup details do not establish the documents or permitted products for every other category.Source 3
Ordinary product rangeShares, ETFs, IPOs, mutual funds, bonds/NCDs, equity derivatives and commodities appear in the domestic range. NCD means non-convertible debenture, a debt security.Source 3
Account comparison03

NRI account structure and documents

NRI account structure and documents
ItemPublished route
Non-resident applicationThe NRI help page describes signed applications, PAN, passport/visa, overseas address and NRE/NRO bank evidence; OCI evidence applies where relevant. Overseas documents may need permitted attestation.Source 5
Bank linkagePIS is the Portfolio Investment Scheme route. NRE and NRO mean Non-Resident External and Non-Resident Ordinary bank accounts; bank approval and repatriation conditions depend on the chosen route.Source 5
Contract scopeDedicated terms cover NRI and eligible OCI customers through PIS or Non-PIS accounts. Residency, bank arrangement and activated segments determine permitted dealings.Source 6

The dedicated NRI terms and older NRI help tariffs differ. Obtain the route-specific agreement and low-priced-share threshold before relying on a cost estimate.[6][5]

Entities & regulation04

Global Access route

Global Access route
LayerPublished arrangement
Angel One LimitedIts GIFT City branch discloses IFSCA broker-dealer CMI2026BDK1061 and Global Access Provider IFSCA/GAP/BD/2026-2027/016. A named current authority entry was not independently established; both remain company claims here.Source 32
US account and custodyThe terms identify DriveWealth LLC for US execution, clearing and custody, with separate account verification. Resident remittances must satisfy applicable FEMA/LRS rules; crypto and crypto-backed instruments are restricted.Source 32

View full spreads & trading costs

Products & platforms

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Platforms & products05

Platform and service roles

Platform and service roles
ServicePublished capability
SpeedProDownloadable desktop platform with market watches, charts, live quotes, news, portfolio views and Excel-linked market-watch features.Source 27
Trade OneThe broker’s fee FAQ says the trading interface itself is free; ordinary dealing charges continue.Source 7
SmartAPIThe published guide describes free APIs for orders, positions, holdings, historical data and live feeds, with multiple language SDKs. Account permissions and dataset availability still govern access.Source 28
API order authenticationRegistered static IP is mandatory for SmartAPI order access from 1 April 2026. Credentials alone do not establish an approved trading origin.Source 29
Mutual fundsCommission-free platform investing with lump-sum and systematic purchases, fund discovery and portfolio tracking. Check the actual scheme and plan; fund expenses and exit terms remain relevant.Source 30
Broker researchFundamental and technical reports may reach different conclusions. The disclosure allows broker/affiliate holdings and commercial relationships with covered companies; a report is not a verified performance record.Source 31

Fees & holding costs

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Pricing & charges06

NRI pricing in the dedicated terms

NRI pricing in the dedicated terms
RouteOpening and ordinary maintenanceEquity delivery brokerage
Non-PIS₹500 opening; non-BSDA maintenance ₹125 quarterly.0.5% of transaction value; ₹0.05 per unit applies below a prescribed share-price threshold that the terms do not quantify.Source 6
PISOpening nil; first-year maintenance free, then non-BSDA ₹60 quarterly.Same 0.5%/low-priced-share basis; applicable statutory charges and GST are additional.Source 6
Pricing & charges07

Ordinary executed-order brokerage

Ordinary executed-order brokerage
Segment or serviceCharge before applicable taxes
Equity delivery or intradayLower of ₹20 and 0.1% per executed order, subject to ₹5 minimum. Buy and sell executions are separate charging events.Source 7
Futures and options₹20 per executed order. Brokerage excludes exchange, statutory and other account charges.Source 7
Phone ordersCall-and-trade help quotes ₹20 plus GST per executed phone order.Source 8
Automatic exitsThe help page quotes ₹20 per executed order; the general tariff says ordinary brokerage with no additional penalty. These published descriptions differ; the applicable exit/order confirmation determines the bill.Source 9Source 11
Introductory brokerage offerThe site advertises up to ₹500 of brokerage waived during the first 30 days after onboarding; the allowance or time limit ends the offer.Source 1
Pricing & charges08

Principal transaction taxes and levies

Principal transaction taxes and levies
ChargePublished basis
STTSecurities transaction tax: delivery shares 0.1% on both sides; intraday shares 0.025% on sales; equity futures 0.05% on sales; equity options 0.15% of sale premium.Source 10
NSE transaction chargesEquity 0.0030699%; futures 0.0018299%; options 0.0355299% of premium. IPFT adds 0.0000001%. BSE rates vary.Source 11
Buy-side stamp dutyDelivery shares 0.015%; intraday 0.003%; futures 0.002%; options 0.003%.Source 11
Regulatory fee and GSTSEBI ₹10 per crore; GST 18% on taxable charges. A crore is ₹10 million.Source 11
Commodity taxCTT: non-agricultural futures sales 0.01% of turnover; options sales 0.05% of premium.Source 11
Pricing & charges09

Demat maintenance and sale debits

Demat maintenance and sale debits
ItemPublished treatment
Ordinary non-BSDA accountFirst year free; then ₹60 plus GST quarterly, charged after the first trade in the quarter.Source 12
BSDA bandsBasic Services Demat Account: the help page quotes nil below ₹4 lakh of holdings and ₹100 plus GST annually in the ₹4–10 lakh band. Eligibility matters; NRI terms have their own schedule.Source 12
Delivery-sale depository charge₹20 plus 18% GST per ISIN per transaction. An ISIN identifies a security. The fee total is the same for male and female first holders.Source 13
Repeated sales of one stockThe DP FAQ charges two depository fees for two separate sale transactions in the same stock on one day. Quantity does not determine the fee; intraday trades do not debit demat holdings.Source 13
DDPI authorisationOptional Demat Debit and Pledge Instruction activation: ₹100 plus GST.Source 11
Pricing & charges10

Margin Trading Facility terms

Margin Trading Facility terms
ComponentPublished MTF treatment
Buying powerUp to four times eligible equity-delivery exposure against cash or approved collateral. Actual margin depends on the security and broker approval.Source 14
Interest0.041% daily on the borrowed amount, from the purchase day through the day before sale or conversion to fully paid delivery.Source 15
Order fee discrepancyThe MTF page quotes lower of 0.1% and ₹20, with ₹2 minimum. The ordinary cash tariff uses ₹5 minimum; confirm the MTF floor in the applicable order schedule.Source 14Source 7
Promotional interestThe product page advertises zero interest for the first 30 days on borrowing up to ₹1 lakh. Treat this as an eligibility-dependent introductory offer, not the ongoing borrowing rate.Source 14
Holding periodNo fixed maximum holding period is advertised, but margin and funding conditions remain in force.Source 15
Pricing & charges11

Pledges and shortfall charges

Pledges and shortfall charges
ItemCharge or consequence
Pledge and release requests₹20 plus GST per ISIN per pledge or unpledge request. Separate requests can create separate fees even for the same security.Source 16
Cash versus collateralAt least half the required margin must be cash or cash equivalents under the published tariff notice. Non-cash collateral does not eliminate the cash requirement.Source 17
Cash-collateral shortfall0.0342% daily on the peak shortfall amount exceeding ₹50,000. The notice applies the charge to the excess, rather than the entire shortfall.Source 17
General debit balanceDelayed-payment charges are 18% annually, calculated daily from T+2 and posted every 15 days. This is separate from MTF interest.Source 18
Pricing & charges12

Published US-stock charges

Published US-stock charges
ComponentCurrent tariff
Account and fundingBroker opening, maintenance, deposit and withdrawal fees waived. Bank FX rates and correspondent charges still apply.Source 11
Brokerage0.1% per trade, minimum USD 0.99 before GST.Source 11
Published broker tariffSEC 0.00206% of sales and IFSCA 0.005% per trade; nearest-cent rounding. Its printed FINRA US$0.000195/share, capped US$9.79, is not the current Q4 2026 member assessment.Source 11Source 37Source 38

FINRA paused its member-level Trading Activity Fee for transactions from 1 October through 31 December 2026. Angel One’s current pricing page still prints the usual share-based TAF, so that line should not be represented as the regulator’s current assessment. A customer charge or administration levy requires its own contractual basis and trade confirmation. Separately, the SEC Section 31 rate is US$20.60 per US$1 million of covered sales from 4 April 2026, equivalent to the page’s 0.00206%.[37][38][11]

Execution & trading rules

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Protections & eligibility13

When positions may be closed

When positions may be closed
TriggerPublished risk consequence
Derivative marginThe policy specifies auto-exit when utilisation exceeds 100% and the shortfall exceeds ₹1,000; the broker can change the threshold. Daily mark-to-market losses are payable by T+1.Source 4
MTF margin callNormal-call timetables differ within the policy. Volatility permits immediate margin demands; use the actual call rather than assuming a grace period.Source 4
Outstanding liabilityClients remain liable for unpaid losses and charges after collateral is sold.Source 4
Platforms & products14

GTT and basket orders

GTT and basket orders
ControlBehaviour and limit
Good Till TriggeredUp to 50 pending GTT instructions, ordinarily valid for 365 days. Derivative instructions expire with their contract. They generate limit orders; a trigger does not guarantee a fill.Source 19
GTT after triggeringThe unfilled exchange order expires at day-end and the instruction must be recreated. Required cash, securities and sell authorisation must be available; corporate actions may cancel instructions.Source 19
Basket size and feesUp to 50 saved baskets and 20 securities per basket. No additional basket fee; each executed component retains its normal brokerage.Source 20
Basket placementThe help page gives 09:15–15:15 IST for placement; baskets can be prepared separately. GTT orders are excluded. Check each leg’s execution status before treating a strategy as complete.Source 20
Trading & service hours15

Published closing controls — Indian Standard Time

Published closing controls — Indian Standard Time
WindowEffect
Cash intraday exitsF&O-eligible shares: 15:10; other cash shares: 15:25. Broker exit attempts precede the applicable exchange close.Source 4
Derivative session and exitsFrom 3 August 2026, the SmartAPI notice gives 09:15–15:40 for NSE/BSE F&O. Robo intraday exits start at 15:05; equity F&O exits at 15:20.Source 21
Closing Auction SessionFor eligible shares, API order entry is rejected during 15:15–15:20; market/limit entry opens at 15:20. Market changes/cancellations stop at 15:25, followed by random closure and matching.Source 21
CAS order restrictionsStop-loss and iceberg orders in eligible shares are blocked during 15:15–15:40. The instrument response identifies CAS eligibility, lot size and tick size; these vary by instrument.Source 21
At a glance16

Physical delivery is a separate obligation

Physical delivery is a separate obligation
Position or eventSettlement consequence
Stock futures and in-the-money optionsLong futures, long calls and short puts can require receipt of shares; short futures, short calls and long puts can require delivery. In-the-money means the option has intrinsic value.Source 22
Required funding or holdingsThe full contract cash or securities obligation can exceed the initial trading margin. Missing delivery can lead to an auction and additional costs.Source 22
Index contractsIndex derivatives settle in cash rather than through the stock-delivery process.Source 22
Commodity tenderThe policy normally closes long positions on the first tender day; delivery is permitted only with the full contract value in the ledger. Confirm acceptance before relying on delivery.Source 4

Deposits, withdrawals & transfers

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At a glance17

Adding funds and settlement availability

Adding funds and settlement availability
StepPublished rule
Deposit methodsUPI and net banking require a registered bank account in the client’s own name. Third-party deposits and credit cards are not accepted.Source 23
UPI and rejected paymentsThe help page quotes ₹1 lakh daily for UPI, subject to bank limits. An unregistered-bank payment may take three to four working days to refund.Source 23
Withdrawable balanceStock-sale proceeds and intraday/F&O profits normally become withdrawable on T+1 after settlement. Money available for trading is not necessarily available for payout.Source 24
Trading & service hours18

Regular payout cycle — Indian Standard Time

Regular payout cycle — Indian Standard Time
Request submittedPublished approximate bank credit
Working day 00:00–07:00Around 11:30 that working day.Source 25
Working day 07:00–17:30Around 23:30 that working day.Source 25
After 17:30 or non-working dayAround 11:30 on the next working day. Weekends and settlement holidays affect the schedule.Source 25
ReceiptThese are estimates; approval, available balance and the receiving bank affect actual arrival.Source 25
At a glance19

Instant withdrawal conditions

Instant withdrawal conditions
ItemPublished position
Amount, time and fee₹1–₹150,000 per request, 09:00–15:00 on working weekdays; free, with multiple qualifying requests allowed.Source 26
Account and order exclusionsNon-MTF clients only; no pending, executed or cancelled orders, and no open or closed positions under the stated eligibility checks.Source 26
Settled money onlyNew deposits and stock-sale proceeds must satisfy the T+1 conditions. Requests failing the instant checks use the regular cycle.Source 26

Protection & regulation

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Protections & eligibility20

Custody protection and dispute boundaries

Custody protection and dispute boundaries
LayerCoverage and limit
Standard SIPC protectionSIPC covers eligible missing cash and securities at a failing member broker up to USD 500,000, including USD 250,000 cash. It does not cover market losses; non-US customers are eligible on the same basis.Source 33
DriveWealth excess insuranceThe November 2025 notice describes separate excess insurance: up to USD 49 million securities and USD 1 million cash per account, USD 50 million total, with USD 150 million aggregate across all accounts. Policy conditions apply.Source 34
Document inconsistencyAngel’s disclaimer labels the USD 50 million amount as SIPC. DriveWealth identifies it as excess insurance; it should not be presented as the statutory SIPC limit.Source 32Source 34
US-service complaintsUse the Global Access complaint arrangements and applicable foreign-market remedies. The disclaimer excludes IFSC exchange investor protection for this global-access activity.Source 32
Protections & eligibility21

Domestic investor redress

Domestic investor redress
LayerScope
SEBI registrationThe named equity-broker register identifies Angel One Limited and INZ000161534 with perpetual validity. Registration is distinct from permission to use every advertised segment.Source 2
NSE default fundEligible admitted claims can receive up to ₹35 lakh per investor per defaulted/expelled member when assets are insufficient; the enhanced limit applies to declarations after 13 August 2024.Source 35
Customer support18001020 and [email protected]. Published equity/MF hours: Monday–Saturday 08:30–17:30 IST; commodity support: weekdays 08:30–23:30, Saturday 08:30–17:30.Source 36
EscalationEscalate through customer care, its head, compliance and CEO escalation, preserving the case reference. The contact page links SEBI SCORES and relevant exchange/depository complaint channels.Source 36
The companies behind the brand

Legal entities & licences

These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.

Angel One Limited

IndiaSource 2

Licences and regulatory records for Angel One Limited
Issuer & identifierRecorded statusDate & scope
Securities and Exchange Board of IndiaINZ000161534RegisteredChecked 10 Oct 2026Source 2
International Financial Services Centres AuthorityCMI2026BDK1061Not verifiedChecked 10 Oct 2026Source 32
International Financial Services Centres AuthorityIFSCA/GAP/BD/2026-2027/016Not verifiedChecked 10 Oct 2026Source 32
Follow the evidence

Sources & further reading

  1. Risk Management Policy Angel One · Accessed 10 Oct 2026
  2. A Nri Terms Angel One · Accessed 10 Oct 2026
  3. GTT Terms And Conditions | Angel One Angel One · Accessed 10 Oct 2026
  4. US Stocks Research Disclaimer | Angel One Angel One · Accessed 10 Oct 2026
  5. What SIPC Protects SIPC · Accessed 10 Oct 2026
  6. Investor Protection Fund Trust NSE · Accessed 10 Oct 2026
  7. Contact Us - Support Related Queries Angel One · Accessed 10 Oct 2026
  8. Section 31 fee rate from 4 April 2026 US Securities and Exchange Commission · Accessed 15 Oct 2026

This profile reports dated public information, including broker-published services and terms. It does not independently test or guarantee execution, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.

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