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Should I use Angel One?

India's leading stock broker for online trading in Stocks, Mutual Funds, Commodities, IPOs, F&O and ETFs. - angelone.in

Depends. A reasonable low-cost, all-in-one broker for Indian retail investors who accept platform risk. Avoid it if data security or reliable customer support are non-negotiable.

Confidence

Medium. Based on 12+ public sources including Reuters, Trustpilot, Reddit and official Angel One pages; review snippets were partially truncated.

Ratings

  • Value for money
  • Ease of use
  • Feature depth
  • Support quality
  • Security posture

Pricing

Discount brokerage

Flat per-order fees; no subscription

ModelNot disclosed
Monthly feesNot disclosed
HardwareNot disclosed
Free tierNo

Best for

  • Indian retail investors wanting one app for everything
  • F&O and IPO investors
  • Beginners wanting guided, low-cost trading
  • Algo traders via SmartAPI

Not for

  • Anyone who treats data security as a dealbreaker
  • Users needing fast, reliable customer support
  • Traders outside Indian exchanges (NSE/BSE only)
  • Privacy-sensitive investors wary of breached platforms

Gotchas - check before you buy

high

Support reviews are poor; expect slow grievance resolution

high

Two breach episodes (2024 denied, Feb 2025 confirmed AWS compromise); monitor account activity closely

medium

Demat users report unexpected DP and AMC charges; read the fee schedule before opening

low

F&O transaction charges vary by exchange; run their calculator before trading

Pros and cons

Pros

  • One app covers stocks, mutual funds, commodities, IPOs, F&O and ETFs
  • Published brokerage calculators and charge schedules make costs checkable upfront
  • SmartAPI enables Excel and algo trading integrations
  • Large scale: 3.8 Cr+ users, three decades operating
  • Runs a public responsible-disclosure program and 2-factor authentication

Cons

  • Feb 2025 breach exposed personal data of ~8 million users
  • Trustpilot score 1.9/5 signals widespread support complaints
  • Reddit users warn against opening demat accounts over charges
  • 2024 breach report was denied; repeated incidents erode trust

Sources & method

Analyzed 9/27/2026 - 12 sources - Breached: Feb 2025 AWS compromise leaked personal data of ~8 million users; company says it is assessing impact.

official x3review x5security x3news x1
  • Feb 2025 data breach via compromised AWS resources, Personal information of ~8 million users exposed; shares fell sharply; Reuters confirmed Angel One was assessing impact.
  • July 2024 breach report, denied by company, Reports claimed 7.9 million users affected; Angel One denied any new data leak.

Key stats

  • Value for money: 4/5

    Rating

  • Flat per-order fees; no subscription

    Starting price

  • 12

    Sources

  • Analyzed

  • Value for money: 4/5. Discount brokerage with published calculators; demat charge complaints exist
  • Ease of use: 4/5. Reddit users call the app user-friendly with smart tools
  • Feature depth: 4/5. Stocks, F&O, IPOs, mutual funds, ETFs plus SmartAPI
  • Support quality: 2/5. 1.9/5 Trustpilot; Reddit demat horror threads
  • Security posture: 1/5. 2025 AWS compromise leaked 8M users' personal data
  • 3.8 Cr+ User base ~38 million users, per Angel One
  • 1.9/5 Trustpilot rating Poor TrustScore on legacy Angel Broking page
  • 8M users Breach impact Feb 2025 personal data leak
  • 3 decades Track record Formerly Angel Broking; listed company

Pricing

Discount brokerage

Flat per-order fees; no subscription

  • Delivery, intraday and F&O at published flat rates
  • Official brokerage calculator for exact costs
  • Separate DP charges apply on demat holdings

Security

Breached: Feb 2025 AWS compromise leaked personal data of ~8 million users; company says it is assessing impact.

  • Feb 2025 data breach via compromised AWS resourcesPersonal information of ~8 million users exposed; shares fell sharply; Reuters confirmed Angel One was assessing impact.²
  • July 2024 breach report, denied by companyReports claimed 7.9 million users affected; Angel One denied any new data leak.⁵

What users say

Reviews are split: users praise the app's smart, user-friendly tools, while Reddit and Trustpilot are full of complaints about charges and support.

Full analysis

Based on 12+ public sources including Reuters, Trustpilot, Reddit and official Angel One pages; review snippets were partially truncated.

Cheap all-in-one Indian broker, but a 2025 breach exposed ~8M users' data and Trustpilot support reviews sit at 1.9/5.

Methodology

Based on 12+ public sources including Reuters, Trustpilot, Reddit and official Angel One pages; review snippets were partially truncated.

Sources

  1. Angel One homepageangelone.in
    official
  2. Reuters: Angel One assessing impact after security breachreuters.com
    security
  3. Varutra: Angel One breach — 8 million users compromisedvarutra.com
    security
  4. ET Now: AWS resources compromised in data leaketnownews.com
    security
  5. Inc42: Angel One denies new data leak (2024)inc42.com
    news
  6. Trustpilot: Angel Broking reviews (1.9 Poor)trustpilot.com
    review
  7. Reddit: DO NOT OPEN DEMAT IN ANGEL ONE!reddit.com
    review
  8. Reddit: Zerodha or Angel One comparisonreddit.com
    review
  9. Reddit: I use Angel Onereddit.com
    review
  10. Forbes Advisor India: Angel One reviewforbes.com
    review
  11. MarketXLS: Angel One SmartAPI Excel integrationmarketxls.com
    official
  12. Angel One brokerage charges support pageangelone.in
    official

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