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Hosted by Unknown Host · General · EN · 0 episodes
If you are planning to open a Demat and trading account in India, the Angel One App referral code “SWKY” may be worth considering. The offer provided for this code states that eligible new users can get a free Demat account when they sign up using the referral code. Angel One provides online account opening through its app and website. Its official account-opening page currently advertises free account opening and zero Account Maintenance Charges (AMC) for the first year. Using a referral code during registration can also connect a new customer with the referral programme. Angel One's own account-opening guidance confirms that new users can enter an optional referral code during the signup process. What Is the Angel One Referral Code “SWKY”? The Angel One referral code for this offer is: SWKY The supplied offer describes SWKY as a referral code for getting a free Demat account . A Demat account is used to hold securities such as shares in electronic form, while a trading account allows investors to place buy and sell orders through a broker. Angel One currently states that its account-opening fee is free. Therefore, the referral code should be viewed as part of the signup or referral process rather than assuming that it removes every possible cost associated with investing or trading. How to Use Angel One Referral Code “SWKY” Using the referral code during registration can be completed through the Angel One signup process. Step 1: Download or Visit Angel One Start the account-opening process through the Angel One app or its official website. Step 2: Begin Registration Enter your mobile number and start the signup process. Angel One's official instructions state that the mobile number used for registration must be unique and not already associated with an Angel One account. Step 3: Enter the Referral Code When prompted for a referral or invitation code, enter: SWKY Angel One confirms that an optional referral code can be entered during registration. If you use a referral link, the referral code may already appear in the registration process. Step 4: Complete KYC You will need to provide the required personal and KYC information. Angel One's online account-opening process includes submitting information, verifying the mobile number with an OTP and completing KYC details. Step 5: Receive Your Account Details After the required verification and account-opening procedures are completed, your Demat account details can be provided through your registered email or the platform. Is Angel One Demat Account Really Free? Angel One currently advertises free account opening for its Demat and trading account. Its official information also states that AMC is free during the first year. However, "free Demat account" does not mean that every service or transaction is free. Once the introductory period ends, applicable charges can apply depending on the type of account and activity. For example, Angel One currently states that non-BSDA customers can be charged ₹60 + GST per quarter from the second year onwards , after the first trade in each quarter. Eligible BSDA customers can have different AMC treatment depending on their holdings. This makes it important to understand the complete fee structure rather than focusing only on the account-opening fee.
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