Got Questions?

Frequently Asked Questions

Account Opening

Any person who is a private resident of India, HUF, NRI, proprietary firm, partnership firm, or a corporation can open a trading account with PR Wealth Growers, the National franchise partner of Angel Broking Ltd.

PR Wealth Growers offer customized brokerage schemes suited to your trading requirements. therefore the cost depends on the scheme that you simply choose while opening your trading account with us. What documents are required for opening an account
The following are the list of documents required:
a. Proof of Identity Copy of PAN Card
b. Proof of Address Copy of anybody of the subsequent (Self Attested)
Passport
Ration card
Voters ID
Driving license
Electricity bill (not quite 2 months old)
Landline phone bill (not quite 2 months old)
Bank PassBook
c. Bank Proof Copy of Bank Pass Book or Personalized Cheque leaf (For Existing bank account Holders Only)
d. Latest Photograph (Single copy)

After you have submitted the relevant documents, we will send you the Welcome Kit with details of your Client Id and password within 1 Hour.

It is simple. There are five easy ways for opening a power-packed trading account with PR Wealth Growers.
1. By call 8239565424 and our executive will fix up a meeting of 1 of our Investment Advisors with you, at a time convenient to you, to finish the formalities required for opening an account.
2. By SMS Simply SMS PR Wealth Growers to 8239565424 and our executive will offer you a callback.
3. Branch Just walk into our branches. to understand the locations of our branches, click here.
4. Email Drop us an email along with your name and contact number at info@prwealthgrowers.com and well call you back.
5. Online
Visit www.prwealthgrowers.com
1) Click on Open an Account
2) fill up the online Account Opening form
3) Call 8239565424 just in case of any queries and our executives will assist you fill out the online account opening form.

 
 

In order to use our Online Trading Platform i.e, Angel Broking, you’ll be required to possess a Demat account with PR Wealth Growers. If you choose our offline trading mode, you’ll continue using your existing Demat account.

 
 

The client can trade through Desktop lite (exe), web-based trading platform and URL based mobile trading

 
 

Demat Account

• Regular Demat account- Traders who reside in India use this kind of account.
• Repatriable Demat account – This account is beneficial to the Non-Resident Indians because it allows fund transfers abroad. It requires an associated NRE bank account.
• Non- Repatriable Demat account – This account, too, is for the Non-Resident Indians. However, in this case, funds can’t be transferred abroad, and this account requires an associated NRO bank account.

Yes, the demat account opening is free of cost. However, there’s an annual maintenance charge of Rs. 450/- and a onetime charge of Rs. 50/- for POA and Rs. 36/- for KRA along side applicable service tax.

 

Following are the kinds of accounts that you can open with angel broking
• Demat Account – An account where you’ll hold securities in an electronic form, from which credit and debit of securities take place.
• Trading Account – An account which you’ll use for buying and selling securities held in electronic format in the stock market.
• Demat + Trading Account – An account where you’ll hold securities in an electronic format and may be bought or sold in the stock market.

Any individual who is a resident of India with the required proof of identification, proof of address, proof of income can open a Demat account to purchase and sell securities and other instruments through the stock exchanges in India.

• Less paperwork since securities held in electronic form & no hassle for the customer.
• Secure and convenient way to keep track of shares
• Quick transfer of shares
• Easy holding no storage risk – Unlike paper certificates dematerialized stocks and shares can’t be stolen or damage or forged.

Yes, an NRI can open a demat account; however, rules of FEMA – foreign exchange Management Act will be applicable. As per reserve bank of India (RBI), an NRI can only own up to five you take care of the paid – up capital in an Indian registered company. An NRI can invest in IPOs – Initial Public Offers, however, it’s based on a repatriable basis using the NRE demat funds through their NRE (Non-Resident External) Rupee bank account. Nevertheless, if the NRI invests on a non-repatriable basis, then their NRO (Non-Resident Ordinary) Rupee account and NRO Demat account will be operated. Through the PINS – Portfolio Investment Scheme an NRI is permitted to transact in shares and mutual funds through their account in India.

 

Yes, the nomination facility is available in the Demat account. It is advisable for all individual beneficial owners to avail of this facility. Resident Individuals, NRIs presently having or opening new accounts either singly or jointly can appoint a nominee. If the account is held jointly all the joint account holders are required to sign the nomination form. The nomination can be changed or updated as and when required. However, Non-individuals including society, Karta of Hindu Undivided Family, Trust, corporate body, or holder of power of attorney cannot nominate.

Yes, multiple Demat accounts can be opened by an investor. An investor can open more than one account in the same name with the same DP as well as with various other DPs. However, for all accounts, the investor is required to strictly comply with the KYC regulations and provide Proof of Identity, Proof of Address, and other documentation proofs as stipulated by SEBI. The PAN card of the investor is mandatory and is required to be furnished at the time of setting up the account.
Yes, a demat account can be opened jointly. However, a demat account can have a maximum of three account holders that is one main holder and two joint account holders.
Yes, a demat account can be transferred from one DP to another DP. The investor is required to submit the transfer or closure request to his DP in the prescribed form. The said DP would transfer all the securities and investments presently in the account as per the investor’s instructions to the new DP account.
An investor is given the option to apply for and obtain the shares of an IPO in physical form. However, it is suitable to apply for an IPO through the demat form since the shares issued through an IPO are tradeable only in form
No, a demat account is mainly for the transaction of shares on the stock exchange. Mutual fund investments of any kind including SIP can be carried out directly by the investor or through a bank or financial institution.

IPO Account

IPO or Initial Public Offering is the first sale of stock by a corporation to the general public . it’s the way for the corporate to raise money from investors for its future projects or the selling of securities to the general public in the primary stock market.

You can easily apply for an IPO online through the UPI facility through Angel Broking Stocks App. you’ll select the IPO, enter the number of Lots, enter UPI ID then authorize the bid on the app. After the authorization, the bid is placed.

Initial Public offering of the following financial instruments are offered

1. Equity shares
2. Non-convertible debenture
3. Bonds

Fixed Price Issues – Price at which the securities are offered and would be allotted is made known in advance to the investors. Demand for the securities offered is known only after the closure of the issue. 50% of the shares offered are reserved for applications below Rs. 2 lakh and the balance for higher amount applications. Book Building Issues – 20% price band is offered by the issuer within which investors are allowed to bid and the final price is determined by the issuer only after closure of the bidding. Demand for the securities offered at various prices is available on a real-time basis on the BSE and NSE during the bidding period.50 % of shares offered are reserved for QIBS, 35 % for Non Retail and 15% for Retail Investors.

An IPO price band is the offer price of a company’s shares. The seller indicates an upper and lower cost limit, between which buyers can place bids.

Stock Advisory

Stock Market Advisory assist you create wealth in the Indian stock market by exactly recommending you what stocks to buy, when to buy, why to buy and when to sell. We are an Independent Research Advisory which always aims at delivering superior returns for our clients

Absolutely Yes. We are an Independent Research Advisory firm that provides Investment, Trading & Training services to our clients.

While researching stocks we don’t constraint ourselves on market cap or sectors. we look at small caps, mid caps also as large caps. Wherever we see the value and find the opportunity to make high absolute returns with limited downside risks, we go ahead with researching it in additional depth. in the long run, its advisable to have a multi-cap and diversified portfolio.

All our stock ideas are fundamentally backed and are only for investments, implying a long term horizon (at least 3 years or longer). We will indicate the price range at which we are comfortable entering it. We do not issue any kind of trading recommendations and hence no stop loss.

Price is a function of two aspects- Growth in Earnings per share (depends on how well company does) and Valuation (like P/E multiple; depends on market sentiments). We prefer to invest in companies where earnings growth prospects are high and valuations have scope of re-rating. Having said that, being human we understand our limitations in predicting the future and hence refrain from sharing any target price or any kind of excel-based forecasting where next quarter’s EPS is forecasted to second decimal point. We will stay invested as long as the thesis is playing out well or till we find better opportunities. Either ways, we will keep you posted with our thoughts through regular (generally quarterly) updates on all our stock ideas.

Trading Related

Once your account gets activated, we’ll send you a unique Login ID and password, with which you’ll be able to access your account online. If you do not know your username or have forgotten it, please call 8239565424 or drop a mail to query@prwealthgrowers.com and we will be ready to assist you.

 

Back-office Reports in My Angel Broking show all the activity in your account. Below is the procedure for the same:
Website:
Visit www.angelbroking.com
Click on Login tab in the extreme right
Select My angelbroking from the dropdown
Select login as Customer
Select login with as- equity client code
Enter the password
Lite-Desktop Exe/Web:
Login to the Lite-Desktop / Lite-Web with your credentials
Select reports-> My reports
Enter the login id and password

Yes. You will be able to retrieve your contract notes online by logging into your My angelbroking account. Below is the procedure for the same:
Website:
Visit www. angelbroking.com
Click on Login tab in the extreme right
Select My Angel Broking from the dropdown
Select login as Customer
Select login with as- equity client code
Enter the password
Lite-Desktop Exe/Web:
Login to the Lite-Desktop / Lite-Web with your credentials
Select reports-> My reports
Enter the login id and password
Lite-Desktop Exe/Web:
Login to the Lite-Desktop / Lite-Web with your credentials
Select reports-> My reports
Enter the login id and password

With Angel Broking/PR Wealth Growers, you can invest in a wide range of investment options including equities, derivatives, IPOs, mutual funds, commodities, currencies, ETFs, and more…

Yes. Our highly experienced and award-winning research and advisory team recommend stocks to invest in for a few days to a few years.

My Angel Broking enables access to your account status 24 hours a day.
Visit http://www.angelbroking.com to check all account online. Below is the procedure for the same:
Website:
Visit www.angelbroking.com
Click on Login tab in the extreme right
Select My Angel Broking from the dropdown
Select login as Customer
Select login with as- equity client code
Enter the password
Lite-Desktop Exe/Web:
Login to the Lite-Desktop / Lite-Web with your credentials
Select reports-> My reports
Enter the login id and password

No. You need to open an online trading account to trade online with Angel Broking. Click here to open an online trading account
While placing an order if I choose ‘Delivery’ but sell the shares on the same day, will that be considered as intraday or not. What will be the fee charged (for intraday or delivery)
If the share is bought as Delivery and squared off on the same day it will be considered as Intraday transaction
Intraday brokerage charges will be levied as applicable

Tools Available in Online Trading

PR Wealth Growers has all the tools that are with Angel Broking, i.e; Angel Broking App, Angel Broking Trade, Angel SpeedPro.

You can click on the ‘Trends’ tab of the app. Here you will find the latest market trends.

Click on the ‘My Portfolio’ tab on your Angel Broking app. You can find all information related to your portfolio here. This includes your net worth, investments, unrealised profit and loss, equity valuation and mutual fund valuation.

Of course. The Angel Broking web-based trading platform lets you invest wherever you want through its comprehensive portal. You can invest in equities, commodities, currencies, mutual funds, bonds, and IPOs through the portal.

You can add funds to your trading account using the payment gateways available on the web-based trading portal of Angel Broking. Select the option to add funds. Select your bank. You will be redirected to the payment gateway of your bank. Fill in your details and complete the transaction. Once the transaction is successfully completed, you will be redirected to the Angel Broking portal. To withdraw funds from your account, choose the withdraw option and fill in the bank details where you want the money to be transferred. Proceed to complete the transaction.

Click on the Fund Transfer section of the web-based trading portal. Select the ‘pay in’ or ‘pay out’ option from the dropdown menu. Fill in the details and proceed to make the fund transfer.

To access the reports on the web trading portal, click on the reports menu. You will find all reports, including all your transactions, ledgers, taxes, and profit and loss statements.

You can customize your viewing space by choosing the indicators that you wish to track. You can simply change the indicators and set your preference for your profile. You set your preference for markets, mutual funds, and stocks that you want to track on a daily basis. You can also customise the reports that Angel SpeedPro generates for you. Change the indices and generate charts for indicators that you wish to see.

With the Angel SpeedPro desktop app, you get easy research at your fingertips. Track your investments on your portfolio and get instant news flashes. Use the app on multiple desktops and laptops.

Installation And Password

You can go to Google PlayStore or the iTunes App Store. Search for Angel Broking app. Download the app on your smartphone. You can create an ID and set up your profile to manage all your investments in one go.

Once you have downloaded the trading app on your smartphone, you can create an account. Click on the create/open account tab to get started. Fill in your name, date of birth and PAN details. Set up a password for your account and you are good to go.

Yes, you can use the same ID and password for the website as well as the share app.

Bank Account and Transfer

Angel Broking has tie-up with 40 plus banks that can be mapped with your trading account which includes major players like HDFC,SBI, ICICI, Axis etc. Click on the Angel Broking site to view the list of banks

Funds transfer is very simple process which can be done online after logging in the online terminal.

Yes, you can submit a cheque but buying limit would be provided to your trading account once the same is cleared & confirmed by the bank.

If you send us a cheque then as soon as it has been paid into your account the funds are available for trading and to settle purchases. It normally takes 3-6 working days for payments through cheque to be cleared .When you use our payment gateway, the funds are instantly allocated to your account.

We do not accept third party payments from anyone as it is deemed unauthorized by the Securities and Exchanges Board of India (SEBI). The cheque or bank transfer should be in the name of the account holder and from the bank account specified by the account holder at the time of account opening. In case your bank details have been changed or you want transfers from more than one bank account, then please provide the bank details with the proof (bank statement clearly specifying account holder’s name and address). If the amount is received from any other bank account not specified by the client then we cannot consider the amount received from the customer.

Equity Trading

we have excellent advisory services in place. The research reports will help you to make decisions on your own.

Long term good asset but volatile. Stay invested for minimum of preferably for 24 months. Buy on dips and benefit from law of average.

Equity is ownership & liquid in nature. The dividend is one of the USPs. The growing economy, high consumption, leads to growth of companies.

There are no minimum guaranteed returns in this product. Be assured, our advisory services will enable you to maximize your profits or minimize the losses.

2 ways viz. Through the dedicated dealer provided to you [Offline Services] & by login to any of the Online products provided to you.

Yes, you will get a dedicated dealer. You will receive his name and number in the welcome kit which we send you on your account opening. You simply have to call him and ask him to trade on your behalf.

Yes, we have a mobile platform named “Angel Broking App”. You can trade using that platform. We recommend you have a good data connection on your phone for doing so.

No, the password is only with you. We keep the password in encrypted formats. So no one can sell your shares apart from you. Its advised that you keep your password safe with you.

In crash, markets are cheaper. Lower PE the better. Current valuations are acceptable. Top 10 recomm stocks of AB

Yes. You can only open trading account and link your existing demat account.

Yes, you get online confirmation of orders and trades – the status of any order is updated on real-time basis in the Order Book. As soon as you place your order they are validated by the system and sent to the exchange for execution. The entire process is fully automatic and there are no manual interventions. You will also receive an e-mail confirming the orders placed by you at the end of the trading day. Digitally signed contract notes will also be sent via e-mail for the orders executed during the trading day.

Commodity Trading

Here are a few items that are frequently traded in the Indian commodity market. • Gold • Crude Oil • Copper Cathode • Silver • Zinc • Nickel • Natural Gas • Farm Commodities

Here are a few points to keep in mind while trading in the commodities market. Commodity prices are influenced by shifts in global demand and supply Economic trends are critical to determining market trends, a strong economy will push commodity prices upward, and a weak economy will do the opposite The sectoral performance will also influence commodity prices like industrial performance will determine the demand for metal commodities Commodities are volatile and therefore, risky You can select to invest in a group of commodities It may take you some time to master the art of trading in commodity markets It involves paperwork

It involves both individual and institutional players. You’ll find the following participants in the commodity market.
• Market speculators
• Directional Margin Traders
• Spot/Futures Traders
• Price Hedgers

Many people will tell you that it isn’t because it’s very different in nature. In the commodity market items are traded through futures contracts, which are sold differently. For a new trader, it can be challenging to make money initially through futures contracts.

There is more than one way to trade in commodities.
Direct investment in commodity trading
Investing through futures contracts
Buying shares (from the exchange) of companies that produce these commodities.
Buying shares of Exchange-Traded Funds (ETFs) that primarily invest in these commodities.

To trade in commodities, you’ll need a separate commodity trading account and commodity DEMAT account. A commodity trading account enables you to trade in commodities in the commodity exchanges.

The Security and Exchange Board of India is responsible for regulating the commodity derivatives market. Before SEBI, until 2014, the Forwards Market Commission acted as the regulatory body of the commodity market.

Like a trading account for stocks, you need a commodity trading account to trade in commodity exchanges.

You open a commodity trading account with a trading member or broker. Nowadays, the whole process of opening an account has become online.

Commodity trading has become fast and efficient with the online process. Now you don’t have to take the trouble of contacting the broker and wait for him to execute the buy/sell. To trade online, you need to open an online commodity trading account, which only takes a few minutes. Once the account is active, you can start transacting immediately. The broker website or the exchange will have a list of all active trades in the exchange; all you’d need to do is select the one you find appealing.

F & O Trading

Yes. It is mandatory to provide valid financial proof to open any derivative segment account.

No, the address of a rented house cannot be considered as a valid permanent address but can be accepted as a correspondence address proof.

You can check your account opening status through our website. Follow the given steps –https://www.angelbroking.com > Home Page > Track A/C Opening Status. Enter your Pan Card details in the given column and click on ‘Submit’ tab to get the status.

Apart from a bank statement, you can use any of the following documents as valid financial proof:
• Copy of ITR Acknowledgement (for last financial year)
• Copy of Annual Accounts (for last financial year)
• Copy of Form 16 in case of salary income (for last financial year)
• Net worth certificate (latest one, or at the end of last financial year)
• Salary Slip (for one month in current financial year)
• Copy of Demat account Holding statement (not more than 3 months old)

Currency Trading

You can now open a Forex account instantly by applying online. With the online process, if you have all your documents correct, it shouldn’t take more than five minutes to get the account activated.

You can start with as little as 10 dollars. The Forex market is highly leveraged, and the broker’s margin can be as high as 50:1 to 300:1, which means that both profit and loss potentials get magnified.

To trade in Forex, you will need only a currency trading account and a bank account. DEMAT account is not mandatory since there is no delivery of currency. Also, Forex traders directly deal with the market, meaning there is no brokerage involved.

Foreign exchange or Forex is the simultaneous buying of one currency and selling of another. Currencies are traded through a broker or dealer and are executed in currency pairs. For example: the Euro and the US Dollar (EUR/USD) or the British Pound and the Japanese Yen (GBP/JPY). The Foreign Exchange Market (Forex) is the largest financial market in the world, with a daily volume of over $4 trillion. This is more than three times the total amount of the stocks and futures markets combined. Unlike other financial markets, the Forex spot market has neither a physical location nor a central exchange. It operates through an electronic network of banks, corporations, and individuals trading one currency for another. The lack of a physical exchange enables the Forex market to operate on a 24-hour basis, spanning from one time zone to another across the major financial centers. This fact – that there is no centralized exchange – is important to keep in mind as it permeates all aspects of the Forex experience.

 

USD-INR – 1000 Dollars,

EUR-INR – 1000 Euros,

GBP-INR 1000 GBP,

JPY-INR – 1,00,000 JPY

2 working days prior to the last business day of the month.

You can place a withdraw request from your broker’s website and receive the amount directly in your bank account. The Internet has made the withdrawal process smooth and quick.

The following is a list of approved documents for identification.
PAN Card
Aadhaar Card
Passport
Voter ID
Driver’s License
ID cards issued by central or state government

Insurance

The following medical expenses are covered:
• In-patient treatment in a local hospital
• Out-patient treatment, provided if it is critical
• Medical aid for broken limbs or injuries if prescribed by physician
• Pathological and diagnostic tests like X-ray, diagnostic tests, etc.
• Dental care related to acute anesthetic treatment as a result of an accident
• Life-saving emergency measures till the insured person becomes medically stable
• Transportation and emergency medical evacuation

 

Car insurance policy is mandatory under the Motor Vehicle Act. The policy ensures that the car owner is protected from financial losses, caused by damage or theft to the vehicle and third party liability.

All car insurance policies are annual policies issued for a period of twelve months. You will have to renew the policy before the specified expiry date mentioned on the policy document. There are certain benefits of doing so:
• Insured will continue to enjoy no claim bonus
• Insured will not have to get inspection done at the time of renewal

 

No Claim Bonus (NCB) is a discount on premium of the own damage (OD) portion of your vehicle when you renew your policy, provided you have not made any claim during the last policy period of one year. The NCB can be accumulated up to a maximum limit of 50% on own damage premium for private cars. You can transfer the full benefits of NCB, even when you shift your car insurance from any other Insurance company.

 

Maximum Sum Insured that you can avail of is Rs. 25 lacs.

Policy is renewable only up to age of 50 years.

The minimum age for taking this policy is 18 years and maximum is 80 years. There is Lifelong Renewability under the Policy in the absence of a claim.