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Open a trading account online on Angel Broking

by | Jun 24, 2024 | Income Tax | 0 comments

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Important keyword: Angel Broking, F&O Trading, Intraday, Speculative Income, Trading Income.

Open a trading account online on Angel Broking

Opening a trading account online with Angel Broking is now convenient. The evolution of stock markets from open outcry systems to electronic platforms has made trading more efficient and accessible. A trading account serves as an investment account where you can electronically hold cash or securities and execute buy or sell orders for various instruments such as shares, securities, commodities, and currencies through online trading platforms.

For income tax purposes, earnings from activities like Equity Intraday, Equity Futures & Options (F&O), Commodity Trading, and Currency Trading are classified as Business Income.

Steps to open a trading account online on Angel Broking

  1. Visit the Angel Broking website
    You can access also it from here
  2. Click on Open an account
    Fill your Name, and also your Mobile Number and Location

    open angel broking account
  3. Fill the following details
    Date of Birth
    PAN Number
    Email id
    Bank Account Number
    IFSC Code
  4. Click on “Take me ahead” option
    As seen below

    angel broking acc details
  5. Fill your personal details
    You get the following options to fill your personal details. Choose an option as per your convenience:
    – Aadhaar offline (keep your PAN card handy)
    – DigiLocker (keep your PAN card handy)
    – Enter Manually (keep your PAN card, Address proof and a photo ready)

    Enter personal details angel broking
  6. For Enter Manually, you will be required to fill the below details
    Click on Continueangel broking cntinue
  7. Click on Proceed to ESign
    After you upload the following documents:

    Angel broking esign
  8. You will be redirected to the NSDL portal
    Enter your Aadhaar number linked with your mobile number. Check the tick box. Click on Send OTP.

    aadhaar esign otp
  9. You will receive an OTP on your registered number
    Fill the OTP. Click on Verify OTP.
    verify otp angel broking
  10. An In Person Verification video proof will be required
    Record a 10 seconds video. Click on Proceed. (You can also click on Send a mobile link and record the video from your mobile phone.)

    angel broking IPV
  11. You will receive a POA document on your email
    Finally, you are required to submit that document by either couriering your self or scheduling a pick up on your convenient location.
  12. The application is now successfully submitted
    Your account will open soon!

Read More: ICICI Direct: Download Holding Statement for Traders

Web Stories: ICICI Direct: Download Holding Statement for Traders

Official Income Tax Return filing website: https://incometaxindia.gov.in/

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