Many NRIs have a keen interest in investing in the Indian stock market. Angel Broking has extended NRI account offerings to fulfil their wish.
NRIs can go through every Angel Broking NRI Account Review to understand its benefits. It has over 30 years of experience in the Indian broking industry.
For NRIs, it offers two account types, NRE and NRO. Also, Angel Broking NRI Account Charges are very reasonable. So, NRIs can seamlessly invest in Indian stocks from across the globe.
Broker Type | Full Service Broker |
Account Opening Charges | Rs.500 |
AMC | Rs.450 + 18% GST |
Delivery Trading | Allowed |
MF Investment | Allowed |
Why Invest with Angel Broking NRI Account?
Broad Experience: Angel Broking is one of the renowned stock brokers in India. So, it can seamlessly cater to the needs of diverse clientele, including NRIs.
So, it will guide them efficiently in understanding the stock market regulation and making a profit from their assets.
Various Account Options: Angel Broking NRI Account is available for every NRI with diverse income features.
For example, an NRE (Non-Resident External) Account is for NRIs earning income outside India.
So, they are exempt from Indian taxes—also, NRO (Non-Resident Ordinary) Account for NRIs with income earned in India.
Smooth Account Opening: NRIs’ online opening process is streamlined and efficient. Also, Angel Broking has a dedicated NRI support team to assist in every step.
Low Brokerage Charges: Its transparent and competitive brokerage fees for NRI accounts help them profit from their investment.
Angel Broking NRI Account Opening Charges
Account Opening Charges
Annual Maintenance Charges (AMC)
The account opening charges for the Angel Broking NRI Account are low. They only need to pay Rs.500. So every aspiring NRI can profit from the Indian stock market.
The low account opening charges invite most NRIs to invest for their financial well-being. Also, the annual maintenance charges are significantly low.
Angel Broking NRI Account AMC is only Rs.450 + 18% GST. So, NRI investors only need to pay Rs.531 annually. Compared to their profit, they will gladly pay the low AMC.
In this way, they can get the most out of their investments.
Angel Broking NRI Account Brokerage Charges
Equity Delivery (PIS)
Equity Delivery (Non-PIS)
Equity Intraday
Equity Future
Equity Option
Commodity Future
Commodity Option
Currency Future
Currency Option
The low Angel Broking NRI Account Brokerage charges empower investors to maximise their assets. The brokerage for equity delivery is 0.50% per order or ₹0.05 per unit, whichever is lower.
It is applicable for both PIS and non-PIS accounts. Also, brokerage for Equity Future trading is 0.05% of the trading value.
Moreover, clients must pay Rs.100 per trade for the equity option. For these low charges, Angel Broking opens a gateway for NRIs to lucrative earning chances in the Indian market.
How to open an Angel Broking NRI Account?
Open a PIS account with a selected bank: To Open an Angel Broking NRI Account, applicants first need to open PIS accounts in banks associated with Angel One.
The banks are available to open PIS accounts –
- Axis Bank Ltd.
- HDFC Bank Ltd.
- IDFC First Bank Ltd.
- IndusInd Bank Ltd.
- Yes Bank Ltd.
Document Submission: The next step is to fill out and sign the NRI Trading and Demat Account Opening Form. Remember, opening an NRI account is an offline process.
So, applicants must first send the scanned copies to Angel One Hyderabad KYC department for inspection. Once confirmed, they must submit the filled-up form with documents via post.
IPV and Initial Fees Submission: After that, Angel Broking will conduct an In-person verification of the documents.
Then, the NRI applicants need to submit initial fees for the Demat account opening. It is the last step. Once submitted, the applicants can start stock trading in the Indian market.
Documents required to Open Angel Broking NRI Demat & Trading Account
NRI Account Opening Form
PAN Card of NRI
Overseas Address Proof
Indian Address Proof
NRE or NRO Bank a/c Cancelled Cheque
OCI / PIO Card
Valid Passport
Valid VISA
PIS Letter from Bank
Passport Size Photograph
Account Opening Charges Cheque
Demat Opening Fee Cheque
These are the list of documents required to Open Angel Broking Non-Resident Indian Account –
- Fill up and sign the NRI trading and demat account opening form
- Common Email and phone number declaration forms
- NRE PIS approval letter from a respective bank or NRO Investment Proof
- Bank account details and cancelled cheque
- Copy of PAN Card
- Passport and Visa
- OCI or PIO Card
- Foreign address proof. For example, passport, driving licence, latest utility bill or latest bank statement
- Indian address proof. For example, the voter’s ID, passport, latest utility bill, driving licence or latest bank statement.
Remember, all proofs should be self-attested and duly verified by the following authorities. The Indian embassy, consulate general, overseas notary, or overseas banker can attest to the docs.
Angel Broking NRI Account – Top Features
Smooth Accessibility: The account opening process of Angel Broking for NRI and stock trading are seamless procedures. Its user-friendly platform makes trading fun.
Also, it offers intuitive mobile apps for iOS and Android devices. It empowers traders to place orders on the go.
Diverse Investment Options: NRI traders can build a well-diversified portfolio with Angel Broking.
So, they can access various investment instruments like equities, mutual funds, IPOs, equity futures, and options.
Low Brokerage Charges: Investors can benefit from reduced brokerage fees. So they can get the most out of their investments.
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Angel Broking NRI Demat Account - Products Provided
Equity Delivery
Equity Intraday
Equity Option
Equity Future
Commodity Option
Commodity Future
Currency Option
Currency Future
Mutual Funds
An investor gets diverse trading options through their Angel Broking NRI Demat Account, such as equity delivery, equity option and equity future.
Also, those who want to reduce the risks of share trading can invest in mutual funds. Moreover, NRIs can also invest in IPOs through their Angel Broking Demat accounts.
It will empower them to unlock potential growth opportunities. This way, they can build a well-diversified portfolio with access to various investment options.
Angel Broking NRI Trading Account - Services Provided
Demat Services
Trading Services
Intraday Services
F&O Services
IPO Services
PMS or PCG
An NRI investor can access several services through their Angel Broking NRI Trading Account. For example, they get Demat services for stock trading.
They can also invest in equity futures and options. Along with that, IPO Services are available for them. So, NRIs with a good concept of Indian business can buy IPOs and make huge profits.
Moreover, Angel Broking offers PMS or PCG services. So, NRIs can better manage their assets and profit from them.
Angel Broking NRI Desk Helpline & Support
NRI Customer Care Number
NRI Email Support
Trading Support
Dedicated Dealer
Website Support
Facebook Support
Whatsapp Support
Twitter Support
Telegram Support
Angel Broking NRI Support is pretty impressive. NRI investors can call the dedicated helpline number for any queries and complaints.
Also, they can send emails to have some written evidence of their query. Moreover, Angel Broking extends several online support options in this digital era, like support via websites such as Facebook, Twitter, and Telegram.
Also, account holders can purchase trading support for a minimal charge. Further, they can hire a dedicated dealer if they want more personalised assistance.
Angel Broking NRI App & Trading Platforms
Android App
iOS App
Web Trading Platform
Trading Terminal
Algo Trading Platform
Foreign Stocks Trading Platform
Basket Trading Platform
Mutual Fund Investment Platform
Mobile App: The Angel Broking NRI App is free and available on iOS and Android devices. These apps have user-friendly designs and clear layouts.
So, NRI investors can navigate with ease. Also, they can view live quotes, charts, and news feeds on market movements. It helps them make informed decisions.
Moreover, they can buy and sell stocks, mutual funds, and others directly from the app. Further, they can monitor their assets in real time.
And seamlessly transfer funds between the bank account and the Angel Broking account.
Web Trading Platform: The Angel Broking NRI Trading Platform offers comprehensive features. It empowers traders to submit basket orders.
So they can place multiple orders simultaneously for efficient portfolio management. Also, with approval, they can automate their trading strategies with pre-defined algorithms.
The platform’s sophisticated charting tools and technical indicators help analyse market trends. So they can make good profits from their investments.
Also, in trading platforms, they can create personalised watchlists. Also, they can set price alerts to stay informed about specific stocks.
Other Trading Platforms: Angel Broking also offers several different trading platforms for ease of financial activities.
For example, trading terminals, the Algo trading platform, and the foreign stocks trading platform. Also, it offers dedicated trading platforms for basket trading and mutual fund investments.
Angel Broking NRI Account - Research & Advisory
Fundamental Reports
IPO Reports
Technical Reports
Stock Tips
Daily Top Stock Picks
Relationship Manager
Robo Advisory
The Angel Broking Advisory for NRI is remarkable. It fully supports NRI traders to help them make good profits from their assets.
They offer fundamental and technical reports to give them a clear concept of market trends. Also, practical stock tips guide investors to trade efficiently.
The daily top stock picks and IPO reports help them select investment options wisely. Also, Angel Broking offers a dedicated RM to help make informed trading decisions.
Moreover, the Robo Advisory service is available for further assistance.
Angel Broking NRI Charges
The STT charges for equity delivery is 0.1% of the total volume on buy and sell. And stump duty charges are 0.015% on buy.
Also, STT charges for equity futures are 0.0125% on sale, and for equity options, they are 0.0625% on sale. Moreover, the stamp duty charges for equity future are 0.002% on buy.
The equity option is 0.003% on buy. Also, there are transaction charges of 0.00325% on equity delivery in NSE. Also, traders need to pay pledge and margin charges.
Further, there are some Angel Broking Hidden Charges for NRI. For example, SEBI turnover charges Rs.10 per crore.
Also, traders must pay DP, GST, dematerialization, and call and trade charges.
Angel Broking NRI Demat Account - STT Charges
Equity Delivery
Equity Intraday
Equity Future
Equity Option
Commodity Future
Commodity Option
Currency Future
Currency Option
Angel Broking NRI Trading Account - Stamp Duty Charges
Equity Delivery
Equity Intraday
Equity Future
Equity Option
Commodity Future
Commodity Option
Currency Future
Currency Option
Angel Broking NRI Account - Transaction Charges
Equity Delivery
Equity Intraday
Equity Future
Equity Option
Commodity Future
Commodity Option
Currency Future
Currency Option
Angel Broking NRI Account - Pledge & Margin Charges
Pledge Creation Charges
Pledge Invocation Charges
Interest on Margin Trading
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Angel Broking NRI Account Hidden Charges
SEBI Turnover Charges
DP Charges
GST
Account Closure Charges
Reactivation Charges
Dematerialisation Charges
Call & Trade Charges
Angel Broking NRI Account Review – Conclusion
So, Angel Broking offer one of the best options for those who want to manage investments from abroad. Interested investors should go through every Angel Broking NRI Account Review.
It will give them confidence in how easily they can grow their assets with this broking house.
The trading support and guidance Angel Broking provides will efficiently help them make a profit in the Indian stock market.
It is one of the best professional financial advisors to guide them in utilising their funds and increasing them over time.
FAQs on Angel Broking NRI Account Review
Check out various FAQs related to Angel Broking NRI Account.
How do you open an NRI Demat Account in Angel Broking?
Applicants first need to open a PIS account with a selected bank. After that, submit the documents and initial fees. And after in-person verification, their NRI Demat account will be active.
How do you convert the Angel Broking Account to NRI?
First, applicants must close the residential trading account. Then, open an NRO Demat account for stock trading. In this way, they can transfer all existing assets to the new NRI account through DIS Slip.
What is AMC for NRIs in Angel Broking?
The annual maintenance charge for the NRI Demat account is Rs.450 and 18% GST. So, the total charge will be Rs.531 annually.
What are Account Opening Fees for NRIs in Angel Broking?
The NRI Demat account opening fee in Angel Broking is only Rs.500. For this minimal charge, many NRIs want to trade shares under Angel Broking.
Which Assets are Restricted for Trading in Angel Broking for NRIs?
NRI Demat account holders can’t trade commodities or currency stocks in Indian markets. Also, they can’t take part in intraday trading.
Can an NRI invest in a Mutual Fund in Angel Broking?
Yes. NRI Demat account holders can invest in mutual funds through Angel Broking. Also, they can invest through a specific mutual fund trading platform.
What is the Brokerage for Angel Broking NRI?
The brokerage for equity delivery is Rs.0.05 per unit or 0.50% per order, whichever is lower. Equity Future trading is 0.05%; for equity option, it is Rs.100 per trade.
Can Angel Broking’s NRI Account be opened online?
No. To open an NRI account, applicants must mail all documents to the Angel One KYC Department, Hyderabad office.
What is the Helpline Number for Angel Broking NRI?
The Angel Broking Angel Broking NRI helpline number is +91 8047480048. NRI Traders can call this number for any query or complaint.
Which documents are required to open an Angel Broking NRI Account?
To open an Angel Broking NRI Account, applicants need to submit the following documents:
- NRE PIS approval letter or NRO Investment Proof
- Bank account details
- Copy of PAN Card
- Passport and Visa
- OCI or PIO Card
- Foreign address proof
- Indian address proof