Angel Brooking Customer service

#1
Angel brooking customer service is too busy to even help the customer understand how the software works!
The first job any brooking company of that scale has to do is teach the client how to use their software. The only thing Angel seems to be interested is joining in more and more customers!

The agent there will generally give you a vague idea about how the software works, I mean really vague. That agent will not even understand that there are certain terms in the software that the client is gonna be confused with and which can cause him a financial loss.Such terms have to be clearly stated and the doubts of the client clarified.These particular agents are busy in their world thinking that a new person will easily grasp the technical know hows about the software,and why not because they have been into it for couple of years and they miss judge it in the same way for the clients.

My experience was that, my agent only pointed out what to do and never stated the reason as to why I should be doing so in the software.I had to ask several questions to clarify my doubts which went into more severe multipal complexity and misunderstanding.The logical reasoning behind using the software has to be clearly stated to the client and not just pointing out in space making the client to wonder.
One of the misunderstanding happened in my mind was about the brokerage charges. The agent once told me the brokerage was 0.03 % and later I was told its 0.3 %:annoyed: hell ! and after that I came to know there are taxes that apply on trading(I came to know about the taxes after trading and not from my agent. This also means I dont know the minimum safe limit of selling a share without loss). On further clarification from another customer like me I came to know that the brokerage charges for Intraday and long term Dilevery is different. My agent unknowingly or out of laziness misguided me. This is just one of the complexity that happened with me related to Angel Brooking.

I firmly believe that when in comes to matters related to money, we as customers have to ask questions and be aware that big companies don`t take us for granted.
 
#2
Hi......i think your main problem is that you are new to this market......yes the delivery and intraday brokerages are different......intraday brokerage is 10 times less than the delivery......And this brokerage is excluding taxes...u may visit to NSE India, BSE for knowing the STT, Service Tax and Stamp duty......None of the broker can charge more than the specified taxes, these taxes are directly regulated by the exchanges........
I advice you to calculate the actual brokerage including taxes before trading.......it will cost you around:

Intraday :- 11 paisa (.11%) for both legs....or....5.5 paisa (.055%) per leg........so if you buy a share for Rs.100, u need to sell it for 100.10 for zero profit-loss condition and abv. 100.10 will be ur profit...

Delivery :- 35p (.35%) for both legs....or...15.25p (.1525%) for each leg.........so if you buy Rs.100 stock u necessarily need to square-off it above 100.70 , so as to earn profit or close at zero loss....

Hope it helps.......
 
#3
Angel brooking customer service is too busy to even help the customer understand how the software works!
The first job any brooking company of that scale has to do is teach the client how to use their software. The only thing Angel seems to be interested is joining in more and more customers!

The agent there will generally give you a vague idea about how the software works, I mean really vague. That agent will not even understand that there are certain terms in the software that the client is gonna be confused with and which can cause him a financial loss.Such terms have to be clearly stated and the doubts of the client clarified.These particular agents are busy in their world thinking that a new person will easily grasp the technical know hows about the software,and why not because they have been into it for couple of years and they miss judge it in the same way for the clients.

My experience was that, my agent only pointed out what to do and never stated the reason as to why I should be doing so in the software.I had to ask several questions to clarify my doubts which went into more severe multipal complexity and misunderstanding.The logical reasoning behind using the software has to be clearly stated to the client and not just pointing out in space making the client to wonder.
One of the misunderstanding happened in my mind was about the brokerage charges. The agent once told me the brokerage was 0.03 % and later I was told its 0.3 %:annoyed: hell ! and after that I came to know there are taxes that apply on trading(I came to know about the taxes after trading and not from my agent. This also means I dont know the minimum safe limit of selling a share without loss). On further clarification from another customer like me I came to know that the brokerage charges for Intraday and long term Dilevery is different. My agent unknowingly or out of laziness misguided me. This is just one of the complexity that happened with me related to Angel Brooking.

I firmly believe that when in comes to matters related to money, we as customers have to ask questions and be aware that big companies don`t take us for granted.
Hey I feel you should escalate such a case to Feedback department as Angel has a very capable feedback ppl. I am sure Angel will act quicky if you put up a query to their feedback.