Angel One (formerly Angel Broking) has grown into one of India’s largest retail trading platforms. With zero brokerage on equity delivery, updated margin policies under SEBI rules, and a feature-rich app, it competes with Zerodha, Upstox, and Groww.
But is Angel One the right fit for you in 2025? We tested it for brokerage charges, margin availability, and trading tools.
Angel One Brokerage Charges
| Segment | Brokerage |
|---|---|
| Equity Delivery | ₹0 |
| Equity Intraday | ₹20 per order (or 0.25% whichever lower) |
| F&O (Equity, Currency, Commodity) | ₹20 per order |
| Mutual Funds (Direct) | ₹0 |
Verdict: Best for delivery investors (₹0 charges). For intraday/F&O, Angel One’s pricing matches other discount brokers.
Margin & Leverage (2025 Update)
- Equity intraday: Up to 5x margin (as per SEBI limits).
- F&O: No extra leverage beyond exchange rules.
- Pledging stocks for margin: Available, with haircuts.
- Note: Since 2021, SEBI’s peak margin rules reduced leverage across brokers, and Angel One complies fully.
Conclusion: Margin is industry standard — no special edge over Zerodha/Upstox.
Trading Tools & Features
- Angel One App: Clean UI, fast execution, option chain & advanced charting.
- SmartAPI: Algo trading access for developers.
- Advisory & Research: Free stock ideas + ARQ Prime (AI-driven recommendations).
- Back-office: Portfolio reports with GST-compliant invoices.
- Add-ons: Margin pledge, SIP in stocks, smallcases-like features.
Conclusion: Feature-rich for new + semi-advanced traders, especially with SmartAPI for algos.
Angel One — Pros & Cons (2025)
Pros
- Zero brokerage on equity delivery
- Advanced app with option chain & algo API
- Free research & advisory included
- Direct mutual funds (₹0 commission)
Cons
- Intraday & F&O at ₹20/order (standard, not cheapest)
- Occasional app downtime in peak hours
- Margin capped per SEBI rules (no extra leverage)
In 2025, Angel One is a solid choice for beginners and intermediate traders. With ₹0 delivery brokerage, SmartAPI for algos, and research reports built-in, it balances cost and features well.
If you want a full-service app with discount pricing, Angel One is among the best broker apps in India.
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