Broker profile
Angel One Review (2026): Brokerage, Platforms, API & Execution - The Published Facts
Angel One (formerly Angel Broking) is a listed Mumbai brokerage that converted from traditional full-service pricing to a flat-fee model while keeping its research desk. Its free SmartAPI is one of the most-used retail trading APIs in India for algorithmic strategies. Its execution-speed figure here (median ≈ 95 ms) is taken from the independent AlgoTest Broker Speedtest, where its place-order latency is measured live during market hours.
At a glance
Angel One brokerage calculator · Compare Angel One with other brokers
- Type
- Discount broker (full-service heritage)
- Official website
- https://www.angelone.in
- Delivery brokerage
- ₹20 or 0.1% per order (whichever is lower; see official pricing for current schedule)
- Intraday brokerage
- ₹20 or 0.03% per order (whichever is lower)
- F&O brokerage
- ₹20 per order (flat)
- Account opening
- Free (online)
- AMC
- Free first year, then ₹60 + GST per quarter (non-BSDA)
- Platforms
- Angel One app, Angel One web, SpeedPro
- Trading API
- SmartAPI - Free (per official SmartAPI page) (docs)
- Products
- Equity, F&O, Currency, Commodity, Mutual funds, IPO, Insurance
- Exchanges
- NSE, BSE, MCX, NCDEX
- Algo support
- Yes - free SmartAPI with multi-language SDKs
- Reported execution speed
- ≈ 95 ms (median)
- Margin
- Margin trading facility (MTF) available
- Research
- Yes - in-house research and advisory (ARQ Prime)
Strengths (published)
- Free SmartAPI with SDKs in Python, Java and more
- Research and advisory unusual among flat-fee brokers
- Wide product range including NCDEX commodities
Limitations
- Execution-speed figure comes from a third-party live speedtest, not an audited broker disclosure
- Interface is denser than minimalist rivals
Who is it best for?
Traders who want flat-fee pricing plus research, or a free multi-language API.
This profile is compiled only from the sources listed below. Fields marked Not Disclosed mean no verifiable published figure existed at review time - we never estimate or infer. This is information, not investment advice, and this site has no relationship with Angel One.
Frequently asked questions
What brokerage does Angel One charge?
Per its official pricing at our last review: delivery ₹20 or 0.1% per order (whichever is lower; see official pricing for current schedule); intraday ₹20 or 0.03% per order (whichever is lower); F&O ₹20 per order (flat). Statutory charges apply on top. Verify the current schedule on the official pricing page, as rates change without notice.
Does Angel One offer a trading API?
Yes - SmartAPI. Published pricing: Free (per official SmartAPI page). See the official documentation for rate limits and terms.
How fast is Angel One's order execution?
The published figure is ≈ 95 ms (median), from a published third-party comparison. It is approximate, not independently audited, and varies with device, network and market conditions.
Who is Angel One best suited for?
Traders who want flat-fee pricing plus research, or a free multi-language API.
Related brokers
- Zerodha
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- Upstox
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- Groww
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- Dhan
Discount broker
- Fyers
Discount broker
- ICICI Direct
Full-service broker (bank-backed)
Head-to-head comparisons
- Angel One vs Zerodha
- Angel One vs Upstox
- Angel One vs Groww
- Angel One vs Dhan
- Angel One vs Fyers
- Angel One vs ICICI Direct
- Angel One vs Kotak Neo (Kotak Securities)
- Angel One vs 5paisa
Sources
- Angel One - official website - https://www.angelone.in
- Angel One - official pricing page - https://www.angelone.in/pricing
- Angel One - official API page - https://smartapi.angelbroking.com
- AlgoTest Broker Speedtest - https://openbroker.in/ (Independent, live place-order latency measured by AlgoTest and refreshed every 15 minutes during market hours. The figure shown is the median of AlgoTest’s 15-minute measurement windows; latency varies with network path and market conditions.)