Angel one: Have you noticed something unusual in the world of trading recently? Many brokers have been making changes, and it’s impacting traders in unexpected ways. In May 2024, a major announcement from SEBI changed how things worked for brokers and their customers. Let’s explore what happened and why so many people have turned to Angel One as their new trading platform.
Earlier, some brokers were offering zero-brokerage demat accounts to attract customers. They made up for this by getting discounts from stock exchanges like NSE and BSE based on trading volumes. The more trades their customers made, the more discounts they received. But everything changed when SEBI decided that exchanges could no longer offer such discounts to brokers.
This SEBI order caused a big shift in the market. Many brokers, including popular names like Kotak Securities and Finvasia, who used to charge no brokerage fees, started raising their charges. Suddenly, traders who were enjoying free services were now paying higher brokerage fees. It created confusion and frustration among many users.
Amidst this change, Angel One stood out as a reliable and attractive option for traders. Here’s why:
- Free Stock Recommendations:
Angel One is the only discount broker that provides free stock recommendations. Other brokers charge for these services or don’t offer them at all. This feature has made Angel One a favorite for both beginners and experienced traders. - Full-Service Features at Discount Broker Prices:
While many brokers focus solely on low fees, Angel One provides full-service broker-level tools and support at the cost of a discount broker. This unique combination gives traders access to advanced services without the hefty price tag.
As traders faced rising costs with other brokers, they found Angel One to be a smarter and more cost-effective choice. If you’re looking for a platform that balances quality and affordability, Angel One might be the answer. If you want to check out their website, simply click on this link https://tinyurl.com/29sj4kaq.
It not just about low fees, it’s about giving traders the tools they need to succeed. Thousands of people opened Demat accounts last month for a reason, it’s time to see for yourself.
Angel one
Demat Account