Angel Broking Ltd
Finance in Mumbai
https://www.angelbroking.com
Address
6th Floor, Angel Broking Ltd, Ackruti Star Building, MIDC, Andheri East. P.C. 400093, Mumbai, Mumbai.What you should know about Angel Broking Ltd
Social networks
Products
Services
In the month of Nov’19 the company changed its business model to Rs. 0 for delivery trade and an Rs.20 flat brokerage for other trades and offering free advisory to its clientele. This was one of the disruptive and competitive models. With this new model we have been able to acquire about 1 lac new accounts on a month of month basis. However, to get to the leadership position, this number needs to scale and an innovative, clutter breaking approach is required.
Services offered by Angel Broking Ltd:
Broking and Advisory:
We provide broking services across equity (cash-delivery, intra-day, futures & options), commodity and currency segments, along with debt products. As a part of the broking and advisory services offered by us, we also facilitate opening of Demat accounts for our clients. To complement our broking and advisory services, we also provide the right mix of product & services making it one of the fastest growing stock Broking house:
(i) Research Services: We have a dedicated research team which publishes research reports on a daily, weekly and monthly basis for our clients, to enable them to make informed investment decisions across equity, commodity and currency segments.
(ii) Investment Advisory: We provide investment advisory services to our retail clients with customized investment recommendations which we believe assists our clients in achieving their investment goals across various investment avenues such as equities, debt, currency, commodities, derivatives, mutual funds and insurance products.
(iii) Investor Education: Our website, www.angelbroking.com, is also a knowledge centre which aims to empower investors, including our clients, with an understanding in respect of trading and investments products. As part of our investor awareness initiative, we regularly undertake sessions through various digital mediums, to enhance our retail clients’ knowledge regarding our products, research and market trends.
(iv) iTrade Prime: As the first step to attract the young millennial specially from Tier 2 & Tier 3 cities, in April’19 we launched Angel iTrade, an online DIY plan that is tailored to meet the trading requirements of the New-Age Indians with a simplified brokerage plan (Flat rate of Rs 15/- for order value of up to Rs 50,000 and Flat Rate of Rs 30/- for order value greater than Rs 50,000). This is the first product of its kind under the Angel Broking Brand. In the month of June’19 we removed the entry fee of Rs. 699/- which helped us to scale our new acquisitions to 40K per month
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