Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us  
Industry News

| More

Angel Broking becomes 4th largest brokerage house in the country based on active clients at the NSE

Posted On: 2020-07-20 03:54:25 (Time Zone: Arizona, USA)

Marking its stellar rise in the Indian broking industry, Angel Broking has now become the 4th largest brokerage firm viz. active clients at the NSE. The rise of the new-age brokerage firm comes on the back of huge win with millennial customers, who are tech-savvy and prefer the DIY route to transact digitally. The brokerage firm has won several awards over the last one year. Since March 2020, it has been adding an average 1 lac new clients on its platform.

The meteoric rise of Angel Broking is a result of the firm's aggressive digital transformation and innovative approach. For starters, it takes less than 15 minutes to open an account with Angel Broking and to start trading (for KYC compliant customers). The platform also offers simplified pricing with free equity delivery trades and a flat fee of Rs. 20 for intraday, F&O trades, commodity and currency. On top of that, an innovative marketing approach resonates with its pan-India millennial audience.

With its eyes on the future, the brokerage firm has launched a unique platform called 'Amplifiers', which is proving to be a game-changer in the industry. It enables Indian influencers to collaborate directly with the brokerage firm and drive the intended messaging for the end-consumers. Angel Broking also extends a good learning opportunity to its content collaborators via podcasts, webinars, training sessions, and so on.

Mr. Prabhakar Tiwari, CMO, Angel Broking Ltd said, "At Angel Broking, our continued focus is to create unique and meaningful experiences for our customers. Our powerful, yet easy-to-use, trading platform offers a seamless, data-driven investment experience in line with millennial clients expectations. Moreover, we are in constant innovation mode to make equity investment journey frictionless. We are proud of achieving the new growth milestone and thank all of our traders/investors and partners for trusting in the brand Angel Broking."

Speaking on the milestone, Mr. Vinay Agrawal, CEO, Angel Broking Ltd., said, "We have taken a major leap from being a traditional brokerage firm to emerging as the millennials' first choice for entering the stock markets. While we have been adding average 1 lac new accounts every month since March'20, our target is to keep accelerating our growth rate in the near future to be the market leader in the retail stock broking."

Source: Equity Bulls

Click here to send ur comments or to

Other Headlines:

LANXESS increases prices for engineering plastics

AMP Capital establishes energy transmission platform in India with Sterlite Power

First-of-its-kind cradle that enables babies to have uninterrupted sleep

NASSCOM and BIRAC launches 'JAN-Care', a Nationwide Challenge to Scale Healthtech Innovation

LANXESS increases prices for 1,6-hexanediol

Fincare Small Finance Bank partners with Go Digit Insurance

Fincare Small Finance Bank signs a MoU with National Housing Bank for PMAY

S. P. Retail Brands Ltd. acquires UK based Kidswear brand Angel & Rocket

ESAF Small Finance Bank net profit grows by 41.09%

SIDBI's Standup Mitra Portal set up under GOI's Stand-Up India scheme reaches over 96,000 loan sanctions

Shriram General Insurance to strengthen business using Digital channels

Bharti AXA Life Insurance launches Bharti AXA Life Wealth Pro

SIDBI and CRIF India collaborate to introduce sector-based insight reports 'Industry Spotlight'

SIDBI joins hands with Government of Gujarat for the Development of MSME ecosystem in the State

FAITH asks Anti-competitive travel tax TCS to be withdrawn

ESAF Small Finance Bank Announces Fintech Conclave 2020

Micro ATM is a game changer in India - Says RapiPay

ClearTax amongst 20 Indian startups in CB Insights' World's Most Promising Fintech list

Liberty General Insurance Receives INR 100 Crore Capital Infusion from Promoter Group

SIDBI and TransUnion CIBIL launch MSMESaksham

Tata AIA appoints Naveen Tahilyani as Chief Executive officer and MD

Sharekhan just went Bollywood ! Launches MoneyFLIX, World's First Financial Movies Platform

IL&FS board upgrades estimates of debt addressed to over Rs. 57,000 crore

Upstox Registers 1 Million Customers; Aims to Double by December 2020

Reliance Securities launches new referral programme to provide enhanced digital experience to customers

RankMF Launches India's First Mutual fund Portfolio Sanitization Tool: SmartSwitch

Blue Ashva Capital announces initial close of SME focused India Fund

Convergent Finance LLP announces USD14.1 mn investment in Jyoti International Foods

Angel Broking records highest monthly client addition of 1Lakh +

Universal Sompo General Insurance Company Limited has announced the appointment of Sharad Mathur as its Managing Director & CEO

Sonalika Tractors Records 18.6% Overall Sales Growth in May'20

Upstox revamps its trading platform; introduces Pro Web 3.0

SATYA MicroCapital Ltd. gets MFI Grading uplift from ICRA

Indian Space Technology Startup VestaSpace Technology Receives USD 10 million Funding from US-based Next Capital LLC

ICAI Stands with Government to fight against COVID 19

Honda 2Wheelers India pledges support to its dealer family to maintain business continuity

Moneycontrol Pro reaches a new milestone - 1.5 lakh paying subscribers

Former Executive Director, RBI - Mrs. Surekha Marandi joins SATYA MicroCapital Limited as Independent Director

Arcil commits Rs. 1.5 Crore towards India's fight against COVID-19

Cognizant to acquire Lev to expand Digital Marketing expertise

Hon'ble Finance Minister reaches out to CAs for promoting Vivad se Vishwas scheme

SIAM numbers - Suman Chowdhury, President - Ratings at Acuité Ratings & Research Ltd

Sterlite Power Concludes Sale of Novo Estado

mastertrust Slashes its Trading Fees to Zero, on the MobileApp, for Millennial

CAMS FinServ receives RBI license for Account Aggregator service

Brookfield Properties bags four awards at the ET Now Global Real Estate Congress Awards 2020!

RXIL Digitizes its MSME Onboarding using Jocata GRID

Indian Exhibition of Air Conditioning Industry Draws International Attention

India Post Payments Bank Crosses Milestone of 2 Crore Customers

EFL revolutionises AC's by launching Health Conditioners

Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2020