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Angel One Review 2026

Full-service discount hybrid with the Angel One Super App.

Rating
4.1/5
Users
2 crore+
Founded
1987
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Key Features

  • Free equity delivery trading
  • Angel One Super App (stocks + MF + IPO in one)
  • ARQ Prime AI-powered research and stock recommendations
  • 1,800+ city offline branch network
  • Smart API for algo trading

Fee Structure

Account Opening₹0 (free)
Annual Maintenance₹240/year (₹60/quarter from Year 2)
Equity Delivery₹0
Equity Intraday₹20 or 0.25% (lower)
F&OFlat ₹20 per order
IPO Application₹0
Call & Trade₹20 per order

Pros

  • + Excellent Super App UI — stocks, MF, IPO in one place
  • + In-house research reports (rare among discount brokers)
  • + Strong offline presence — 1,800+ cities
  • + 2 crore+ users — strong track record
  • + Free equity delivery trading

Cons

  • AMC charges from the second year (₹240/year)
  • Cross-selling by relationship managers
  • Platform can be slow during peak IPO subscription days
  • ARQ Prime advanced features need subscription

How to Open a Angel One Account

  1. 1Visit angelone.in or download the Super App
  2. 2Enter your mobile number and verify via OTP
  3. 3Upload PAN, Aadhaar and signature for e-KYC
  4. 4Complete video verification if required
  5. 5e-sign with Aadhaar OTP — account active within 24 hours

How to Apply for an IPO on Angel One

  1. 1Open the Angel One Super App and log in
  2. 2Tap IPO under the Invest section
  3. 3Select the IPO and enter lots + bid at Cut-Off price
  4. 4Enter your UPI ID and submit the bid
  5. 5Approve the payment mandate on your UPI app within 5 minutes

Ready to get started?

Open a free Angel One demat account in under 5 minutes.

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Frequently Asked Questions

Is Angel One good for IPO applications?

Yes — the Super App has a dedicated IPO section showing live subscription data, GMP, and easy UPI-based application. One of the most complete IPO experiences among Indian brokers.

What is the Angel One IPO application charge?

Zero. SEBI mandates that brokers cannot charge for IPO applications. You only pay brokerage when you sell after listing.

Can I apply for SME IPOs on Angel One?

Yes. Angel One supports SME IPOs on both NSE Emerge and BSE SME platforms. Minimum lot value for SME IPOs is ₹1 lakh per SEBI rules.

How long does Angel One account opening take?

Typically 15-20 minutes with Aadhaar-based eKYC. Account is activated within 24 hours.

Is Angel One safe for demat accounts?

Yes. Angel One is SEBI-registered (since 1987), a CDSL depository participant, and has 2 crore+ active clients.

Does Angel One charge for equity delivery?

No. Equity delivery is completely free on Angel One, just like Zerodha. Charges apply only for intraday and F&O trades.