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Does Angel One apply any charges when you deposit or withdraw funds from your account?

Broker Issues
Angel One
Withdrawal
Deposit
02-07
United States
WikiFX
Reply

In my own experience evaluating brokers, transparency around deposit and withdrawal fees is a crucial factor in choosing where to trade. Based on my research into Angel One, I could not find clear or specific details about direct deposit or withdrawal charges within the key overview provided. Angel One stands out in some respects—offering competitive pricing for trades and a relatively straightforward A-to-Z trading suite—yet as a trader, what concerns me is the broker’s lack of explicit information or published policy on transfer-related charges. This absence of information introduces uncertainty, and I've learned that, particularly with brokers operating without direct regulation—like Angel One, which is not authorized by SEBI or any global authority—it becomes even more important to be vigilant about potential hidden costs. In my practice, it’s always prudent to reach out to customer support before funding an account, asking for written confirmation of all possible deposit and withdrawal fees, including third-party or banking costs that may arise. For me personally, if a broker doesn’t make these costs clear up front, that impacts my trust and willingness to commit substantial capital. Therefore, with Angel One, I adopt a highly cautious approach until all fee details are transparently disclosed in writing.

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