Main Score & Risk Matrix
Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.
Angel One has a critically low score of 1.6/10. Regulatory visibility is weak and investor protection should be treated with extreme caution.
"This broker shows a severe risk profile. Regulatory visibility is weak, investor protection is unclear, and caution is strongly advised before any capital allocation."
Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.
No structured regulatory license cards have been configured yet.
| Feature | Angel One | XA Markets | Goodwill | AvaTrade |
|---|---|---|---|---|
| Operating Period | 2-5 years | See review | See review | See review |
| Region | India | See review | See review | See review |
| Minimum Deposit | $100 | See review | See review | See review |
| Spread | N/A | See review | See review | See review |
| Trust Score | 1.6/10 | See review | See review | See review |
| Account Type | Target User Group | Essential Characteristics | Applicability Notes |
|---|---|---|---|
| Retail Account | Novice and experienced traders | Low brokerage fees, access to multiple trading instruments | Suitable for individuals looking to trade in stocks, commodities, and more |
| Professional Account | Experienced traders and investors | Advanced tools and features for trading | Requires higher trading volume qualifications |
| Corporate Account | Corporate clients | Customized services for business trading needs | Requires corporate documentation |
| Islamic Account | Islamic finance compliant traders | Swap-free trading options | Available upon request for eligible clients |
| Demo Account | Beginners and practice traders | Risk-free environment to practice trading | Perfect for testing strategies without financial risk |
To open an account with Angel One, follow these steps: First, submit your personal, employment, and financial information through the online portal. During this process, you will need to provide identity verification documents such as your ID and proof of address. After submission, your account will undergo verification, and you will be notified once it is activated. Account holders have the flexibility to upgrade to a professional account later if desired.
| Product | Spread (pips) | Commission | Notes |
|---|---|---|---|
| Forex (Major Pairs) | Varies | ₹ 20 per order | Flat fee structure for all trades |
| Forex (Minor Pairs) | Varies | ₹ 20 per order | Consistent pricing for minor pairs |
| CFDs (Stocks) | Varies | ₹ 20 per order | Standardized commission rate |
| CFDs (Indices) | Varies | ₹ 20 per order | Flat fee for index trades |
| CFDs (Commodities) | Varies | ₹ 20 per order | Transparent pricing for commodities |
| Cryptocurrencies | Varies | ₹ 20 per order | Competitive fees for digital assets |
Angel One also has various fees that traders should be aware of: There are no fees for deposits or withdrawals. However, an inactivity fee may be applicable if the account remains dormant for an extended period. Additionally, there might be platform usage fees depending on the services accessed. Overnight interest, also known as swap rates, may apply to positions held overnight. Currency conversion fees may also apply for trades involving multiple currencies.
Our review desk considers this broker unsuitable for most traders until transparent licensing, stronger compliance evidence, and clearer client-fund protections are demonstrated.
No structured payment methods have been configured yet.
These are the highest-rated forex brokers registered in India. Each broker listed below has been evaluated based on licensing status, trading conditions, platform quality, and user feedback within the same regulatory jurisdiction as Angel One.
The following brokers represent the highest overall trust scores across all regions on our platform. They are selected independently of Angel One's profile and serve as a benchmark for traders seeking top-tier alternatives worldwide.
Review the regulation section above and verify all license claims directly with the relevant regulator before opening an account.
The currently configured minimum deposit is $100. Always confirm this on the broker website before funding.
The current spread reference configured for this broker is N/A.