Angel Broking Demat Account Charges

Would you like to open a demat account with Angel Broking and also want to have complete information on their charges? Then today, you are on the right platform as we will discuss Angel Broking Demat Account charges in this review. 

Let’s start!

Demat Account Charges In Angel Broking

It is obvious that stockbroker charges fees to offer trading services to its clients, but does demat account have charges too?

There are few charges, and like in the case of any other stockbroker, there are going to be different types of demat account charges in Angel Broking as well.  

To start with, the demat account opening fees for Angel Broking is ZERO, so you don’t have to pay any single penny to open your account. 

However, in the case of AMC (Annual Maintenance Charges), you are not required to pay any charges or fees for the first year, but the AMC will be Rs. 20 per month from the second year onwards. 

The following table covers the Angel Broking Demat account charges:

 

Angel Broking demat account includes different fees and charges, described below:

• Demat Account Opening Charges – The charges for opening the demat account is nil, as mentioned in the above section. For more information, we recommend you check out this detailed review on Angel Broking Account Opening Charges.
• AMC (Annual Maintenance Charges) – The charges are Nil in the first year, and from the second year, Rs.450 is to be paid.
• Custodian Fees – The custody fees by Angel Broking is waived off.

---

Angel Broking Demat Account Brokerage Charges

As part of the Angel Broking Demat Account Charges, if we talk about the brokerage charges, then from the below table, you will know that there are no angel broking equity brokerage charges, whereas for the Intraday trading, F&O, currency, and commodities, you will have to pay Rs. 20 for per order.

 

As we know that the firm is a depository participant of CDSL and Angel Broking DP charges also vary for various segments.

After grabbing the information about the Demat Account charges in Angel Broking, it is time to learn more about Angel Broking demat account brokerage charges.

 

---

Angel Broking Demat Account Opening Documents

The Angel Broking demat account opening documents are addressed in this section. You will be required the address proof and the Id proof to open the demat account in Angel Broking.

The compulsory documents required for demat account must be handy when applying for opening the account in offline mode. Whereas in the online mode, you can upload the documents online. 

No annual fee can be used as you can check a free demat account with no annual charges.

Angel Broking Demat Account Annual Charges

A lot of traders have this query that they ask. What are Angel Broking demat account annual charges? Well, as mentioned at the onset, the first year’s account maintenance charges are waived off by the stockbroker.

However, from the second year onwards, you are supposed to pay a specific amount of INR 450 per year. That would be just over a rupee per day, if you see.

Having said that, if your trading turnover is good and you are somebody that generates a decent amount of brokerage for Angel broking, in such a case, you can request to get a waive off on the second and forthcoming account maintenance charges. Most likely, your request will be accepted.

Other than that, there are no other annual charges to be paid by you.

---

Conclusion 

Being a full-service stockbroker, Angel Broking provides services in various divisions and allows you to open the demat account free of cost. 

It allows you to enjoy the services through various trading platforms. Angel Broking Demat Account Charges are applicable to use their services. 

The AMC charges are Rs.450, which is charged from the second year, which means no charges are to be paid for the first year.

Angel broking covers different charges, including the opening of demat accounts, AMC, the custodian charges.

Transaction fees are also referred to as Angel Broking Demat account brokerage fees and are paid to the Depository Participant for any transaction completed.

Enjoy your trading with Angel Broking!

Thinking to open a Demat Account? Please refer to the form below

 

Know more about Angel Broking