Global Broker Regulation Inquiry App
WikiFX
Arnold Joseph
1-2 years

How legitimate do you find Angel One to be, considering customer reviews and your own assessment?

Broker Issues
Angel One
Regulation
08-09
United States
WikiFX
Reply

In my personal experience as a trader who prioritizes regulatory safety above all else, Angel One raises several fundamental concerns regarding legitimacy. The absolute absence of oversight from SEBI or any major international regulator is, to me, a major red flag. Regulatory status isn’t just a bureaucratic checkbox—for those of us trading with real capital, it’s vital for dispute resolution, fund protection, and maintaining a basic level of operational integrity. Although Angel One positions itself as a well-established Indian broker with a decent reputation for technology and offers an array of investment products, this is far overshadowed by their lack of regulatory adherence. I do acknowledge that some users, like the reviewer from Belarus, have found the trading platforms intuitive and user-friendly. However, I must stress that positive app usability does not make up for the risks associated with an unregulated broker, especially in the trading industry where reputation and oversight are everything. The fact that Angel One charges zero brokerage for the first month and maintains low fees might appeal to cost-sensitive traders, but again, these advantages do not offset the absence of verifiable consumer protections. For anyone considering trading here, I would recommend an especially cautious approach and thorough due diligence—my personal standard is never to trade significant funds with any broker lacking recognized regulatory status, regardless of other incentives.

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