Angel broking: Cheap brokerage and excellent service.

[dhruvrs]

Hi!,

I am having Angel commodities trading account & paying brokerage of 1 paisa. However, to get such a low brokerage, you need to be a daily trader with a huge volume of approx. 3-5 crs.

http://www.angelcommodities.com/Contact_Us/BranchLocator_New.aspx

I called angel office in my town yesterday and was point blankly denied for 1 paise trading in commodity.

Now have to BUG my Indiabulls RM to get me 1 paisa brokerage :lol:

 

[dhruvrs]

Hi!,

I was browsing through Angel website today & found that Angel has branches at Annanagar, Adayar & Alwarpet in Chennai. Furthermore, ST, STT, TO are levied by Regulator/Exchanges & not by brokers. Hence the same depends on your overall volume & not upon your broker

Sir,

Does Angel Broking have a branch in Chennai.
How much do they charge other than broking. Like for eg: S.T, SSt, T.O.tax etc etc. which makes all together rather high. For eg. Geojit i ma having for last 3 mts. But they charge 1.4% for delivery and sales (exp. for 1 script ITC for 5 days kept).
Think its high.
I made 950 rs profit. But still Rs. 127 was further cut.

Pls comments

P. Sukumar

 

[satveer.sm]

Hi guys anybody who using angel.... i wana know few things.....on margin money they charge interest 18 percent yearly basis aenifnd that also 5 days after of buy if u not clear margin money.....

i not discussed with them abt CDSL DP charges and intersattlement benificiery charges...as soon as i get kit i discuss with them abt these hidden charges india infoline take...... if any guy who trading on angel plz help me regarding this/...............

Angel has a unique system of assigning RM to each online account, these RM are physicaly in the branches which are in clients proximity. Hence when the system is down, we can call this person who knows us personally, second, if they have any vital information to be communicated when we are not logged in, they touch base us. They call us to give their fundamental calls--they have introduced a service called "pick of the week", every Monday they come out with two stocks to be invested for a short-term and a long term investment: RM calls us, sends sms, and a flash on our trading screen. Having a person been tracking our activity really helps.

On the security issue, there isn't any, I take online transfers, and it is in hours, I have not seen any delay in pay outs. I think a physical payout takes 24 hours to process.

With regards to their Quality Assurance Cell QAC, it is the best response team I have seen yet. They respond to our queries online, and if we have any grievance and we write a mail to that team, we get a response in a reasonable time. All in all, they are a professional team and I really like working with them. Of course there are sometimes I get frustrated due to delay in response to my query, but compared to another brokerage, I find them active and concerned for clients. I hope this helps to understand my broker better.

Regards,
VDT

 

[mrkanitkar]

Recently I opened account with Angel. My experience with account opening is not great.
I opened account with 5 paisa on single leg on intraday and got it to 2 paisa single leg.
They allocated someone to help me out for ODIN etc.
They took cancelled cheque for RTGS/NEFT trasnfer for payouts but did not connect it. They asked one more cheque today.
I liked ODIN customization they done. ODIN starts quite fast as compared to RKG. Charts come up with fill in data for day. Their model is have someone to follow up new customer, push new customer hard for trading. I get 4-8 telephonic calls a day just for pushing to buy or sell something. Some time I feel they actually bug me for trading anyhow. This is something I did not like. I have not given any commitment for turnover. I told them that I am software guy and do not depend on trading to make my living. I hope now calls will reduce in weeks time. On other hand since I stopped trading on RKG, they started calling on why I am not trading with them and want to fix problems. RKG SSL is missing,they did not care to fix security issue. When I stopped trading on their terminal they started calling me and my friends. Interesting..

 

[stocksplacement]

Hi!!,

Pool to Pool transfer charges are not applicable in case of futures.

dhruvrs, today i checked with one of the executive of Angel, he did not know about this and gave the line to another executive of Angel who told me that Rs.11/- for Pool to Pool transfer is chargable for both buy and sell, is it correct?? which means that i have to pay Rs.22/- total for buy and sell.

 

[pattathils]

Dear Folks,

I hv just joined Angel.

But I believe now a days they dont encourage BTST and STBT dealings which is apity.
Does anyone know if it still there, but as per them in Chennai they told me it is stopped
what a pity.

P. Sukumar

 

[VijayDT]

Dear Folks,

I hv just joined Angel.

But I believe now a days they dont encourage BTST and STBT dealings which is apity.
Does anyone know if it still there, but as per them in Chennai they told me it is stopped
what a pity.

P. Sukumar

BTST is nothing but buying today and selling tomorrow at your own risk, if you are dealing in liquid scrips then chances of your sell position getting auctioned is less. This is how it works, it is your call than a broker's unique service. I have been getting their BTST calls, I believe it would not be different at Chennai.
Regards,
VDT

 

[VijayDT]

dhruvrs, today i checked with one of the executive of Angel, he did not know about this and gave the line to another executive of Angel who told me that Rs.11/- for Pool to Pool transfer is chargable for both buy and sell, is it correct?? which means that i have to pay Rs.22/- total for buy and sell.

Charges are levied when you sell the stock and offer it for delivery. The charges are levied when the trade is settled with a stock. Hence it is just one side.
Cheers,
VDT

 

[pattathils]

Dear Friends,

Please can some one tell me if these tips providers for Intra day can be trusted for at least 85-90% accuracy of tips.
Which is the best and most reliable one ?
Heard of " stopoption-putoption. Is it good?
Is there any such thing as honest sincere, trustworthy, and bulls eye shot provider for Intrday?
Please tell me some of the best in Market also reliable ??

Thanks

P. Sukumar

 

[VijayDT]

Dear Friends,

Please can some one tell me if these tips providers for Intra day can be trusted for at least 85-90% accuracy of tips.
Which is the best and most reliable one ?
Heard of " stopoption-putoption. Is it good?
Is there any such thing as honest sincere, trustworthy, and bulls eye shot provider for Intrday?
Please tell me some of the best in Market also reliable ??

Thanks

P. Sukumar

Dear, if intra day tips strike rate would have been 85-90% then brokers would not have been doing brokerage for us. There is a high element of risk associated with intraday call--if you are new to market better take a limited risk- bear in mind initial 90 or more days you are going to lose whatever amount you bet on your (intraday) calls. Use this initial period to understand the nuances of this markets, and once you have a good understanding then only take a big plunge--watch out things aren't as rosy as it appears. You will know more about this market and your appetite as you move along. Rgds,