How to Create an Angel One Account

Investing in the stock market is no longer the domain of financial experts alone. With advancements in technology and an increasing number of online platforms, anyone can start their investment journey from the comfort of their home. One such popular platform in India is Angel One (formerly Angel Broking). If you’re new to investing or trading and wish to create an Angel One account, this guide will walk you through the process step by step. By the end of this article, you’ll have a clear understanding of how to set up your account seamlessly.

What is Angel One?

Angel One is one of India’s leading stockbroking firms. With its user-friendly mobile app and web platform, Angel One offers services like stock trading, mutual funds, insurance, and advisory services. The platform is trusted by millions of users for its robust technology, competitive brokerage fees, and easy accessibility.

Whether you are looking to invest in stocks, commodities, currencies, or mutual funds, Angel One is a one-stop solution. Before we dive into the account creation process, let’s briefly look at what you need to get started.

Prerequisites for Creating an Angel One Account

To ensure a smooth account creation process, keep the following documents and details ready:

1. PAN Card – Mandatory for KYC and compliance purposes.
2. Aadhaar Card – For identity and address proof.
3. Bank Account Details – A canceled cheque or bank statement with account details.
4. Email ID and Mobile Number – To receive OTPs and account-related communication.
5. Photograph – A recent passport-sized photo.
6. Signature – A digital or scanned copy of your signature.

Ensure you have access to a stable internet connection and a working camera if you’re completing the verification process online.

Steps to Create an Angel One Account

Step 1: Visit the Angel One Website or Download the App

You can begin the process by visiting the official Angel One website or downloading the Angel One mobile app from Google Play Store or Apple App Store. The app is intuitive and allows you to complete the registration on your smartphone.

Step 2: Sign Up with Your Basic Details

• On the homepage, click on “Open an Account” or “Get Started.”
• Enter your name, mobile number, and email ID.
• Verify your mobile number using the OTP sent to your phone.

Once verified, you’ll be directed to the next step.

Step 3: Provide Your PAN and Aadhaar Details

• Enter your PAN card number for KYC verification.
• Provide your Aadhaar card number to link your identity with your account.
• If prompted, use the Aadhaar-linked mobile number to authenticate through OTP.

Step 4: Add Bank Account Information

• Fill in your bank account details, including:
  • Account number
  • IFSC code
  • Account holder’s name
• Upload a canceled cheque or a copy of your bank statement as proof.

This step ensures that funds for trading or investments can be seamlessly added or withdrawn.

Step 5: Complete eKYC and Video Verification

Angel One requires you to complete an online KYC (Know Your Customer) process. Here’s how:

1. Upload Required Documents:
   • Scanned copies of your PAN card, Aadhaar card, and a recent photograph.
   • A digital signature or scanned copy of your signature.
2. Video Verification:
   • Record a short video through the app or website to verify your identity.
   • You might be asked to show your PAN card on camera as part of the process.

Step 6: Choose Your Trading Preferences

Angel One allows you to customize your account based on your trading needs:

• Equity Trading: For buying and selling shares.
• Commodity Trading: For trading in gold, silver, or other commodities.
• Mutual Funds: For long-term investments.
• Currency Trading: For forex and currency pairs.

You can select multiple options or stick to one, depending on your preferences.

Step 7: Pay the Account Opening Fee

Angel One might charge a nominal fee for opening an account. The fee can vary based on the services you choose. Payment can be made online via net banking, UPI, or debit/credit cards.

Activating Your Angel One Account

Once you’ve completed the registration and payment process, your account will undergo verification. This usually takes 24-48 hours. You’ll receive an email confirmation once your account is activated, along with your login credentials.

Using the Angel One Platform

After activation, you can log in to your account through the Angel One app or website. Here’s what you can do next:

1. Add Funds to Your Trading Account

• Go to the “Funds” section and add money using net banking, UPI, or other payment methods.

2. Start Trading

• Explore the dashboard to view stock prices, indices, and market trends.
• Use research tools and recommendations provided by Angel One for informed decision-making.

3. Monitor Your Investments

• The app allows you to track the performance of your portfolio in real-time.

4. Seek Support

• If you face any issues, Angel One’s customer support team is available via chat, email, or call.

Benefits of Opening an Angel One Account

• Ease of Use: The app is designed for beginners and advanced users alike.
• Research and Insights: Get access to daily market reports, stock recommendations, and in-depth analysis.
• Wide Range of Services: From trading to insurance, Angel One covers it all.
• Low Brokerage: Enjoy competitive rates compared to traditional brokers.
• AI-Powered Recommendations: The SmartAPI feature provides personalized insights based on your trading behavior.

Conclusion

Opening an Angel One account is a straightforward process that anyone can complete in a few simple steps. Whether you’re a beginner exploring investment options or an experienced trader, Angel One provides a reliable platform to meet your financial goals. By following the steps outlined above, you can kickstart your journey in the stock market with ease.