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Does Angel One charge any hidden fees when you deposit or withdraw funds?

Broker Issues
Angel One
Fees and Spreads
03-21
United States
WikiFX
Reply

From my experience analyzing Angel One as a broker, transparency around deposit and withdrawal fees is a key factor I scrutinize before opening any account. What stood out for me with Angel One is that while there are no explicit mentions of hidden fees for deposits or withdrawals in the available details, the absence of robust regulatory oversight is a significant concern. Without SEBI or comparable international regulation, I personally feel the disclosure of charges or changes in fee structures might not always match what traders expect from more tightly controlled brokers. During my deep dive into their fee schedule, I found that Angel One’s primary charges are clearly stated for trading activities, such as brokerage and margin rates. However, specific information about fund movement fees—which, in my experience, is typically transparent with regulated brokers—was not highlighted. This omission, combined with the overall lack of regulation, makes me approach the broker with caution. For me, any broker not under direct, strict supervision could present a risk where unexpected administrative or processing costs might appear over time. Ultimately, while Angel One’s platform and brokerage fees are well-documented, I always recommend confirming current deposit and withdrawal policies directly with their support before committing significant funds, especially since regulatory oversight is lacking. This careful approach helps me avoid costly surprises as an independent trader.

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