Is Angel Broking A Discount Broker?

Opening a demat account starts with the choice of the stockbroker. These days, many investors and traders are looking forward to choosing the best services from the discount broker. So, when it comes to Angel Broking, many wonder if Angel Broking is a discount broker?

Well, there is no doubt that Angel Broking is one of the best stockbrokers in India. 

Known for offering a seamless account opening process, user-friendly trading platforms, and active customer support services, many traders and investors are keen to start their trading journey with the broker. 

But when it comes to the brokerage, many become concerned about the fees and charges as the broker is a full-service broker. 

Here, the broker comes with one more benefit by providing a discount brokerage plan, Angel iTrade plan for its customers. 

Confused? 

Let’s dive in to know Is Angel Broking a Discount broker?

How is the iTrade Angel Broking Plan?

Angel Broking has been known for offering full-service stockbroker services for years but recently, the broker came up with the benefit of discount brokerage for its clients, where you would now be able to trade at the minimum cost of ₹20 per trade and free delivery trading. 

To capture a wider client base, they launched the iTrade plan. The details and charges under this plan are as follows:

How is the Angel Broking Research?

Full-service stock brokers are known for offering better research tips and advisory services that make it easy for traders and investors to initiate their trading journey.

So, now when Angel Broking offers a discount brokerage plan, does it offer research tips?

This is the most common question that arises in their trader’s mind?

If you too are thinking the same, then here is the good news for you, as you can now reap the benefit of full-service brokerage facilities, research tips, advisories, and a lot more at the discounted brokerage plan. 

By opening Angel Broking demat account you would get access to different research reports like:

• Fundamental Research Reports: This gives you the complete information of the company, its management, IPO, etc thus providing you the complete assistance in doing fundamental analysis of stocks. 
• Technical Research Reports: For short term traders, the broker offers Product report, rollover report, daily reports, etc.

Both kinds of reports help investors and traders to plan successful long-term investment and short-term trading by picking the right stock. 

Conclusion

Angel Broking is undeniably a popular full-service stockbroker that has been active in the industry for over 3 decades. It has been evolving with the industry trends and new market rules and regulations.

To stay competitive in the market, it has initiated a discount broker brokerage plan along with the services of a full-service stockbroker. This is certainly expected to widen its client base and contribute heavily to customer satisfaction.

Along with this, the broker is undergoing transformation and soon, the broker is going to be known by the name Angel One.

We hope you got the answer – is Angel Broking a discount broker. Conclusively, it is a full-service broker with a few features matching a discount broker.

Still, if you have any doubts, whatsoever, just fill in the detail below and we will arrange a callback for you: