Online trading continues to rise in popularity as more and more people realize that they can engage in this investment opportunity in real-time. Due to the increasing number of traders looking to have an additional income source through this venture, many broking companies have created their online share market software.
One of these companies is Angel One Limited (formerly known as Angel Broking), a full-service broking company in India. Angel One Limited has been in the business of online trading in the share market for over two decades. Twenty years of knowledge and experience in the brokerage industry have allowed the company to integrate them with technology, having received a unique product – the Angel One app. This stock trading app allows investors to control where to invest their capital and how to gain a diverse portfolio over time.
Features of the Angel One (Broking) app
The Angel One app is built with distinct characteristics that set it apart from other applications in the market. The Angel One app is powered by ARQ technology; it is a rule-based investment engine. It also allows you to access Angel One products: online commodity trading, other software, etc.
Below are just some of the unique features that you can enjoy when using the online trading software:
- Stock suggestions.
- Real-time market updates. Knowing the actual prices of stocks in each period is crucial for investors. It helps give them an idea of how a business is doing financially. Moreover, it helps them analyze whether the investment in it will be sustainable in the long term.
- Trading tips. The Angel One app provides viable trading tips on how and when to invest in securities and trade online. These tips can be found in the Knowledge Center of the application.
- Online trading. Investing in mutual funds and stocks is easier with the Angel One (Broking) software, especially the Angel SpeedPro. The platform also allows easier redemption of mutual funds.
- Seamless portfolio monitoring. The Angel One (Broking) online trading app provides easy tracking of all your investments on a single page.
But the most important feature of the app is Stock suggestions. This is one of the best features of the Angel One (Broking) online trading app. If you are new to trading in the share market and are not familiar with how investments are done in this industry, then using this Angel One app to invest and trade online is your best decision.
Angel One is dedicated to helping stakeholders exercise sound judgment regarding their investment capital. Consequently, they have placed every necessary feature in the app to make it easier for investors. A subscriber can gain access to stock ideas and reports as much as possible. They may download reports and recommendations daily or weekly, whichever suits their needs. With these reports, the investors can make a sound analysis of which stocks are doing well in a particular period, which ones they should add to their portfolio, and which ones to let go and avoid.
How to download the Angel Broking software?
The download of the Angel broking software can be done in two ways:
- Visiting the Angel One website at www.angelone.in.
- Get it from Google Play or the iPhone app store.
The first option can be used for those who are using a PC for their online trading activities. The Angel One (Broking) desktop application is known as Angel SpeedPro. It offers certain features that may not be enjoyed by those using mobile devices.
The Angel SpeedPro trading platform provides you with an integrated single-window trading experience. This software allows enjoying super-fast execution of commands. Below are the steps for download:
- Type www.angelone.in in your browser.
- Click on Platforms – Tools & Research.
- Under Our Platforms, find Angel SpeedPro and download it.
The second option is for Android and iPhone users. You can download the Angel One (Broking) app for free on your mobile devices through Google Play or www.apple.com. Both downloads on PC and mobile devices are free.
Pros and cons of the Angel Broking app
Before signing up, knowing the various advantages and drawbacks of an online trading application is crucial. Below is a compilation of the pros and cons of using the Angel One (Broking) software to give you an idea of whether this will work for you.
First, here are a rundown of the pros:
- Easy to set up. The download is free and can be completed in minutes without any difficulty if you have a strong internet connection. Updating the Angel One (Broking) app is also a breeze.
- Offers various types of products and services. With this application, you can invest your money in the trading of commodities, currency, equity, margin or F&O. With this said, you can easily open a Demat, trading, IPO, intraday trading, and margin accounts.
- Training assistance. Novice investors can enjoy training assistance and may gain knowledge about online trading in the share market through the Angel app’s Knowledge Center.
- Affordable full-service brokerage charges. Investors are provided with in-depth reports on a daily and weekly basis. Rollover reports, as well as specialized research reports done by experts, are also available. Investors can also view company annual reports.
- Easy reopening of account. In some instances, certain accounts may be deactivated. Fortunately, the use of the application can be resumed with a reactivation request sent from the account holder’s email address.
Despite being created with investors in mind, the Angel One app is not without drawbacks. Some known disadvantages are the following:
- The app does not allow investors to create a three-in-one account.
- An additional ₹20 may be required when investors can successfully execute broker assistance transaction orders.
Overall, the pros still outweigh the cons, which means this application is highly recommended to investors.
The verdict
The Angel One (Broking) trading software is an excellent app to progress in the online share market. While it may have its cons, its advantages are vast, making it a perfect tool for those looking to have a seamless and effective trading interface at their fingertips.
But you must also keep in mind the financial risks when investing and trading. If you do not consider them, you can lose the investment, no matter how handy the application is.
