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Angel Broking is a company that shares the concept of demand and supply. The prices always suffer from a rise and fall. It's the law of nature that if a company is expected to post good results, it will be reflected in a corresponding rise in it's share price, owing to buying by the investors informed.
Technically, all the companies have got it's own psychology to work. There are theories, there are circumstances but these all help in predicting better share price movements. Read the Angel Broking success story below.
- Startup Name-Angel Broking
- Headquarter-Mumbai, India
- Founder-Dinesh Thakkar
Angel Broking - About
Angel Broking is an Indian stock brokerage firm which was established in 1987 by Dinesh Thakkar. The company has got 8000+ sub - brokers and franchisee outlets in more than 850+ cities of India. Their services include stock - broking, commodity trading, advisory service, IPO, portfolio management services, mutual funds, health insurance, and life insurance.
The tagline of the company is
"SERVICE TRULY PERSONALIZED."
Portfolio management is a different aspect here so let me tell you it started in the year 2006 as another arm of the company. Areas related to investment broking publishes research reports which is the central aspect of the company.
Angel Broking - History
The company was established in the year 1987 as an Indian Stock Broking firm. It's a member of the Bombay Stock Exchange, National Stock Exchange, National Commodity & Derivatives Exchange of India Limited. It's a depository participant with Central Depository Services Limited. Once again, let me tell you the company holds services like commodity trading, online stock broking, loans and health insurances.
Angel Broking - Founder And Team
Dinesh Thakkar, is the founder of Angel Broking. He is the chairman and managing director of the company. The CEO of the company is Vinay Agarwal. The company got the CEO Award for the Best Trading Platform of the year 2018 in India.
Angel Broking - Business Model
The company gives you a number of enjoyable benefits if you appear to be a sub-broker. It's a complete process. The business model of the company shares the topics-currency trading, derivatives, equity, life insurance and mutual funds as mentioned above. 'Investment' the word has got trust issues in today's world. In this company, in order to invest one needs to go through sub-brokers authorized by the stock exchanges. The company provides it's investors a support in exchange for brokerage so that both of them doesn't suffers from any of the trust issues appearing worldwide. Here, higher brokerage is equal to higher commissions.
Angel Broking - Revenue Model
80% of the company's revenue has been clocking from the digitized platform. From which 55% is added to mobile alone and the rest 25% is from the web. The company has made the transformation digitized so it's a major surge by now because before the revenue used to be meager than now.
It's a digital based broker service which consists of a network of more than 10,000+ sub - brokers which was recorded on June 30 , 2018. Mobile app was also established and it has got 850,000 downloads. There are 110 branches in India and in the year 2018 it managed to earn a profit of INR 113.02 billion in client assets an 1.11+ million active broking accounts.
Customer pays brokerage when buying or selling stocks through the company. The brokerage charges for equity, commodities and currency are all almost equal. It's flat INR 20 per executed order and for the equity delivery it's absolutely free. Annual maintenance charges is 300 per person for any scheme investor. The transaction fee is changed this year.
Angel Broking - Customer Acquisition
Here, in this company, customer acquisition has been made more and more accessible with various sorts of excellent facilities. Especially it's a sub - broker platform. It helps the customers with significant leverage and advanced technologies. REMINDER - There's no limit to growth. With holding the hands of this company you can speed your own path of achieving your career as a sub - broker. Social media helps a lot nowadays for customer acquisition. The internet has transformed the way for the sub - brokers doing their business here.
Angel Broking - Challenges Faced
Success never comes in a straight leading path. You always face hurdles, challenges in order to acquire your goal. From the last few years the company has witnessed an euphoric growth rate in the startup industry. Despite adequate funding and an unprecedented growth of 135% in just 2 years, the startup industry is grappling with inefficiencies in multiple fields. However, in India the transformation process is going on slowly towards cashless economies. The outlook for the future is most probably robust. Presently, PayTM, FreeCharge are helping a lot. Regular sandboxes has been established. Research about a product is always very compulsory before bringing it to the market. There are various rules and regulations to overcome the challenges on board. The best solution is always a promising mentorship. In the future, technology is expected to intensify further to overcome the challenging issues appearing.
Angel Broking - Growth Calculator
Whenever you are investing, it's a natural urge that occurs to everyone's mind that what are the returns and how am I going to get benefited by ? It's like a tradition which is being followed over the years. Henceforth, the company uses CAGR to calculate the rate of growth annually in order to know how much beneficial it's becoming day by day to the investors. So, it's always wise to use an online CAGR calculator. The investor should know how compounding works. Although the CAGR calculator always helps you to find things out but it's a 2 - way process.
Angel Broking - Competitors
The top 3 competitors of the company are Sharekhan, Motilal Oswal and Karvy.
Sharekhan is one of the top competitors of Angel Broking. It is a private company which was founded in the year 2000 in Mumbai. It has got more number of employees than Angel Broking.
Motilal Oswal is also one of the biggest rival of the company Angel Broking. It was found in the year 1987 in Mumbai. This company raises more revenue than Angel Broking.
Karvy is one among the top competitors. It was founded in the year 1979 in Hyderabad. Karvy has got more 15,000 employees than Angel Broking.
Angel Broking - Future Goals
The company has released a new brokerage plan for the sub - brokers. Angel iTrade Prime plan, where 0 brokerage is availed on delivery trades along with a flat rate of INR 20 per order for intraday, F&O, currency and commodity trading. Market research is very important for such sorts of brokerage companies. Before selecting a digitized platform research is necessary where you can compare between various brokerage plans. It's done for a worry - free future. Currently, Angel Broking is the largest company in India in this aspect and it aspires to hold it's first position forever. The company also launched a campaign, 'AAGE BADHNE KA SMART SAUDA' which showcases a smart plan for their future in India.
Angel Broking - FAQ's
Is Angel Broking is safe?
Yes, Angel Broking is a safe stock broker for trading and investment. Angel Broking is one of the largest stock brokers. They are in the business since 1987.
Is Angel Broking good for beginners?
Unfettered access to extensive and detailed fundamental and technical research reports is one of the reasons why Angel Broking is the best stock broker for beginners in India.
Is Angel Broking good for trading?
Yes, Angel Broking is a safe stock broker for trading and investment. Angel Broking is one of the largest stock brokers. They are in the business since 1987. They are a member of BSE, NSE and MCX.
Which is Better Angel Broking vs Zerodha?
Angel Broking's trading account opening fees (INR 600) and Demat AMC (INR 450) are higher than Zerodha that charges INR 200 for account opening and INR 300 for Demat AMC. Zerodha offers automated trading whereas Angel Broking doesn't. Zerodha has much better self-serving and education awareness platforms than Angel Broking.
How does Angel Broking make money?
If you want to make money every day, you should indulge in intraday trading. In intraday trading, you buy and sell stocks within a day. Stocks are purchased not as a form of investment, but as a way of making a profit by harnessing the fluctuations of the stock prices.
Is there any withdrawal charges in Angel Broking?
No, there is no charge on withdrawing money from your trading account by Angel Broking. You can withdraw the balance amount in your account partially or fully at any time without any cost.
Is Angel Broking legal in India?
Yes, Angel Broking is a SEBI registered stock broker. The company's SEBI Regn. No. is INZ000161534. In addition to SEBI, Angel Broking is also registered with CDSL, NSE, BSE, MCX, and NCDEX.
Angel Broking - Conclusion
Angel Broking Limited is one of the largest independent full-service retail broking houses in India committed in providing accurate and widespread data for every online share trader. Angel Broking is considered as a home to the independent database on the web covering the Indian online brokerage industry. Our experience of over two decades has helped us to integrate our knowledge and expertise in the broking industry with the technology we provide to our retail clients through various platforms.