Hantec Markets EUR/USD$1.00/lotSBI FX Trade EUR/USD$3.00/lotTrive EUR/USD$3.00/lotGMO Click Securities (GMO Click FX Neo) EUR/USD$3.00/lotDMM.com Securities (DMM FX) EUR/USD$3.00/lotRakuten Securities (Rakuten FX) EUR/USD$3.00/lotFXOpen EUR/USD$3.00/lotAxi EUR/USD$3.50/lotGO Markets EUR/USD$5.00/lotWindsor Brokers EUR/USD$5.00/lotFP Markets EUR/USD$6.00/lotZero Markets EUR/USD$6.00/lotSpreadex EUR/USD$6.00/lotVantage EUR/USD$6.00/lotHantec Markets EUR/USD$1.00/lotSBI FX Trade EUR/USD$3.00/lotTrive EUR/USD$3.00/lotGMO Click Securities (GMO Click FX Neo) EUR/USD$3.00/lotDMM.com Securities (DMM FX) EUR/USD$3.00/lotRakuten Securities (Rakuten FX) EUR/USD$3.00/lotFXOpen EUR/USD$3.00/lotAxi EUR/USD$3.50/lotGO Markets EUR/USD$5.00/lotWindsor Brokers EUR/USD$5.00/lotFP Markets EUR/USD$6.00/lotZero Markets EUR/USD$6.00/lotSpreadex EUR/USD$6.00/lotVantage EUR/USD$6.00/lot
Home / Rankings / Angel One
TIER 1 · SEBI · NSE · BSE · MCX#3 of 10 local brokers (IN)

Angel One review: the verdict.

Verdict score
6.8 / 10

Launch formula: 60% hard data, 40% outside ratings. Verified reviews from our traders replace outside ratings as they come in.

Regulation10.0
Best licence: Tier 1
Trading cost5.0
No published spread
Accessibility10.0
Min deposit $0
Platforms & payments3.3
1 platforms · 5 payment methods
Outside ratings5.3
Trustpilot 3.2 from 8
Angel One doesn't publish a EUR/USD spread we could verify, so we can't calculate its yearly cost yet.
Regulation

Who licenses Angel One.

Licences as Angel One lists them. A tick means we found the entity on the regulator's own register.

RegulatorTierEntityLicence no.On register
SEBITIER 1Angel One LimitedINZ000161534Not yet checked
NSETIER 1Angel One Limited12798Not yet checked
BSETIER 1Angel One Limited612Not yet checked
MCXTIER 1Angel One Limited12685Not yet checked
Accounts

Published brokerage.

AccountSpreadCommissionCost / lot
Currency F&O
₹0 brokerage up to ₹500 for first 30 days, then ₹20 per executed order
———
Commodity (MCX)
₹0 brokerage up to ₹500 for first 30 days, then ₹20 per executed order
———
Equity F&O
₹0 brokerage up to ₹500 for first 30 days, then ₹20 per executed order
———

Cost per standard lot = spread in pips × $10 + round-turn commission. Brokers publish “typical”, “average” or “from” spreads; “from” figures flatter the broker.

Key facts

The fine print.

Website
www.angelone.in
Segments
Currency F&O, Commodity (MCX), Equity F&O
Founded
Not published
Headquarters
India
Minimum deposit
$0
Max leverage
Not published
EU/UK leverage cap
—
Platforms
own app
Deposits & withdrawals
UPI, Net banking, IMPS/NEFT/RTGS, Payment gateway (debit card), Cheque/DD
Islamic (swap-free) account
Not published
Copy trading
Not published
Withdrawal fees
ACCOUNT OPENING FEE: zero (resident); NRI ~₹500/yr.
Inactivity fee
AMC: non-BSDA ₹60 + GST per quarter (after first trade in quarter); BSDA nil up to ₹4L, ₹100+GST/yr ₹4-10L; NRI ₹450/yr or ₹2,950 lifetime; first year free for most accounts.
Restricted countries
Not published
RBI Alert List (India)
Not applicable (SEBI-registered Indian broker)
Verified reviews

Traded with Angel One? Prove it.

Verified reviews open soon. Reviews backed by a statement, a read-only MT4/MT5 login or a withdrawal receipt count up to 3× more, and every verified review enters the weekly 100 USDT draw.

Outside rating used for now: Trustpilot 3.2 from 8 reviews.

Compare Angel One
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Sources · data as of 2026-10-24

Research notes: max_leverage null: exchange-traded derivatives; SEBI/exchange SPAN+exposure margins apply, no broker-set leverage. Not CFDs; currency F&O limited to INR pairs + exchange cross pairs. Member IDs: NSE/BSE/MSEI cover Cash/F&O/CD; also MSEI 10500, NCDEX 220. CDSL IN-DP-384-2018. Payment-methods source is a generic Angel One knowledge-centre article on funding trading accounts, not an Angel-specific funds page. Trustpilot sample very small.

Spotted something wrong? Brokers and traders can request a correction through our submissions form; we check every change against the source.