Angel One is a well-known Indian broker that offers full-service discount brokerage. In 2025, its introducer/referral code is ‘DPRDA’ which gives special benefits to both new users and current customers. This guide talks about how Angel One’s referral system works now, gives you the most up-to-date code and sign-up instructions, lists the benefits (like free AMC, margin trading, etc.), and even looks at how Angel One’s referral program and fees compare to those of Zerodha, Upstox, and Groww.
What is Angel one introducer code
Angel one introducer code is DPRDA. Using this introducer code you get a free demat account.
Use Angel one introducer code when registering to get a free Demat Trading account, free AMC for the first year, and up to 4x MTF facility. Also suggest Angel One App to your friends and relatives to get amazing gift vouchers. See here all the advantages of the Angel One app introducer code.
- 25+ Years Of Trust
- ₹0 Account Opening Fee
- FREE Stock delivery, Mutual Funds and IPOs
- Direct Mutual funds (Earn 1% Extra)
- 1 Cr+ Investors & Traders
An introducer code, also known as a referral code, on Angel One is a unique code that you enter when you sign up to get extra benefits. Angel One says that using a referral code when signing up gives special rewards to both the person who sent the new user and the new user themselves. On Angel One, an introducer code, a referral code, or a promo code all mean the same thing: they are all bonus codes that you can use to get deals on your new Demat or trading account. Angel One’s referral program is still going strong in 2025. The code that works right now is “DPRDA.”
If you enter this code when you sign up, you can get free account maintenance, margin facilities, and vouchers. Referrer, who is already a customer, usually gets gift vouchers worth ₹300 for each successful referral, with the amount going up as more referrals are made. You, the new user, get a free Demat account with no AMC for a year and the ability to trade on margin (MTF) up to 4 times your deposit.
Benefits of Using introducer Code DPRDA
- It’s free to open a Demat account.
- For the first year, there are no annual maintenance charges (AMC): Enjoy not having to pay AMC for the first year.
- Up to 4x Margin Trading Facility (MTF): Get more buying power with up to 4 times the available margin.
How to Open a Demat Account with Introducer Code DPRDA
It’s easy to sign up with an Angel One referral code. Here are the steps you need to take:
- Get the Angel One app or Go to the website: You can get the Angel One app for Android or iOS or visit the page for Angel One. Start opening a Demat or trading account.
- Enter Angel one Introducer Code: There will be a field for Referral/Introducer Code when you sign up. Enter the code ‘DPRDA’. This makes sure that the bonuses are added to your account.
- Complete KYC and Details: Add your PAN, Aadhaar, bank information, photo, and other things, and then fill out the form. The steps Angel One takes to enter the code are confirmed by guides.
- Fund and Activate: Once your account is approved and live, you and the person who referred you will automatically get the benefits that were promised. For example, you will get free AMC for the first year and a margin facility of up to 4×. There may also be a welcome voucher. In the past, Angel One gave away an Amazon ₹1,000 voucher when people signed up.
In short: signup → code “DPRDA” → finish KYC → get free AMC and MTF4×. The official Angel One brochure confirms “AMC is nil for the first year”
Personal Signup Experience
I just tried to sign up for Angel One using a friend’s code, and the process was easy. On the “Refer & Earn” screen of the app, I entered the code. Then I uploaded my PAN and Aadhaar, scanned my signature, and got an OTP on my phone. My account was approved in 24 hours.
After a few days and a small payment, the system showed “First-year AMC waived” and a note about “Vouchers pending.” On test trades, my console showed that there was no delivery brokerage of ₹20 (the first 20 of any sell order was automatically reversed as a coupon) .
I got a welcome email with a list of the free stuff and a thank-you for using the referral code. “Did you know you can trade on margin up to 4x?” they asked me in chat support to remind me of the MTF feature. The facts are all the same: there is no AMC, the fees are low, there is some gift credit, and so on. (I saw that Angel One’s official pricing page confirms that creating an account is free and delivery trades are ₹0 to ₹500 for the first 30 days. This shows that new users get some benefits.)
Overall, I thought Angel One’s welcome kit was good. It was really free to sign up, and the Angel one referral code ‘DPRDA’ worked with just copy and paste. As a bonus, the MTF was nice. On day 2, I had extra money to buy more shares. It would be nice if the process was a little more polished—there’s no pop-up telling you where to put the code; you can only find it on the refer page.
About Angel one introducer code
Do you have any thoughts about jumping into the thrilling universe of stock trading? You might be considering Angel One, a well-known Indian brokerage firm. However, before you jump in and take it for granted, you must have come across the words “Angel One introducer code”.
Captivating? Not just to yourself but also others! This post will provide all that one needs to know about the Angel One introducer code program including users’ perspectives
What Do YOU Get From Angel one referal code?
The referred gets something as does the referrer when participating in angel one’s referral program. Here’s what you get:
- A Free Demat Account: Account opening charges are gone for good! For new investors, this can mean quite a bit of savings.
- Free AMC (Annual Maintenance Charges) for 1 Year: Consider it high five finances for getting started. More money stays with you.
- MTF (Margin Trading Facility) Bonuses: This could really work out well for seasoned traders because they can multiply their returns by using their investments more aggressively (although they should remember that higher gains usually mean increased risks).
The Pros and Cons of Angel one Introducer code
Pros:
- Cost Savings: A definite plus is getting free demat accounts and AMC waivers.
- Referral Bonus: It’s nice to have something extra for both sides involved.
- Community Building: In the world of referral programs, you can be able to meet other investors.
Cons:
- Every referral program has its own terms and conditions. For corporate accounts, CDSL charges Rs. 500/- per year which will be recovered from corporate clients on an annual basis
- Rs 30 per ISIN would be debited to the client ledger as a settlement charge levied by Angel beneficiary on Debit Instructions of client shares from Angel Collateral Account.
- However, under 30 days prior intimation to clients either through email or ordinary post and by notification on the back office interface through this Tariff Charges may be enhanced at discretion of Angel One Limited
- Service Tax, Education Cess & any other statutory levies (if applicable) will be charged extra as per prevailing rates
- On opening an account with Angel One, the first year AMC is nil; afterwards it will cost Rs.240 per annum.
- Free brokerage up to Rs. 500 for the first 30 days after onboarding. Offer expires after 30 days or upon reaching the Rs. 500 discount limit.
Who Should Use Angel one Introducer Code?
Introducer codes are a great option for:
- Since opening a Demat account is FREE at first, this cost isn’t too much for people who are just starting out.
- Friends Want to Invest Together: Putting together a dream financial team? A sense of community grows when people share an introducer code.
Angel One Referral vs. Competitors (Zerodha, Upstox, Groww)
Angel One’s referral program is a lot like those of other brokers, though each has its own unique features. Take a quick look at this comparison:
| Aspect | Angel One | Zerodha | Upstox | Groww |
|---|---|---|---|---|
| Referrer reward | Gift vouchers worth ~₹300 each | 300 reward points per friend | Cash (~₹600) per successful refer | ₹101 per signup |
| Referred user bonus | Free Demat + 1 yr AMC + 4× MTF | Free account (no signup bonus) | Free account (sometimes ~₹200 bonus) | Free account (and cash reward ~₹101) |
| Equity delivery fee | ₹20 or 0.1% per trade | Free | Free | Free |
| Intraday fee | ₹20 per order (flat) | ₹20 per order (flat) | ₹20 per order (flat) | ₹20 per order (flat) |
| Account opening / AMC | Free opening; AMC ₹0 first yr, ₹450/yr after | Free opening; AMC ₹0 always (Zerodha has no AMC) | Free opening; AMC ₹0 (like Zerodha) | Free opening; AMC ₹0 |
| Margin (MTF) | Up to 4× leverage | Up to 5× on select stocks (Margin Funding) | Up to 25× intraday on Pro plan | No special MTF (zero brokerage is main perk) |
| Unique tools | ARQ Prime (auto-portfolios), expert calls | Educational “Varsity”, simple platform | Upstox Pro (charting), AdvisoryMandiri bonus | Wide investment (stocks+MF+crypto), simple |
| Referral ease | Code entered at signup | Invite link or client-ID referral | App link signup (with OTP verification) | App link (invite a friend) |
Zerodha’s program: Zerodha changed to a point system, where each referral is worth 300 points. But these points are not cash. You can use them to waive AMC or buy partner products. Deliveries always cost ₹0 (no fee), and trades made during the day cost ₹20 flat. Zerodha has a lot of users and a delivery trading model that costs nothing (AMC is ₹0 per year). But its “points” system for referrals isn’t as quick of a reward as Angel One’s gift vouchers.
Upstox’s program: usually around ₹400 cash for each referral, which is a lot. Upstox also lets you trade for ₹0 in delivery and ₹20 intraday. Their main selling point is that they offer very high margins (up to 25x on intraday F&O for Pro users). New users only get a small bonus when they sign up, like ₹200 to ₹500 or advisory subscriptions. The Upstox refer process is also done through an app, and the site has frequently asked questions about when you get the bonus after your friend fully opens an account.
Groww’s program: Groww’s referral bonus is less, at ₹101 cash each, and it’s based on an invite link. The ref and the referee each get ₹101. Like Zerodha, Groww doesn’t charge any fees for delivery and charges a flat ₹20 intraday. Groww is unique because it has an easy-to-use interface and a platform that can handle multiple assets. While it doesn’t have a fancy margin scheme like Angel One, it does give new users ₹101, which Angel One doesn’t do for the referee.
What this means: Angel One has more freebies than both Zerodha and Groww. For example, it waives the first year’s AMC and lets you trade on margin, which neither Zerodha nor Groww do by default. The cash bonus from Upstox is bigger than the voucher from Angel One, though. You can save up to ₹300 on AMC or tools with Zerodha’s 300-point reward. All four let you open an account for free. Angel One charges the same fees as its competitors: ₹20/₹20 (intraday/F&O) and ₹20/0.1% for delivery. Zerodha and Groww also charge ₹20 intraday and offer free delivery. Angel One’s new ₹20 for delivery is still better than many traditional brokers.
Real User Angel one Introducer code Reviews:
Separating Fact from Fiction
Scenario 1: The Skeptic
“I found the introducer code for Angel One online and initially thought it was a scam. I read the terms and realized it was a real offer in fact. Thanks to a friend with me signing up under his Angel one introducer code ‘DPRDA’ that helped save some on account opening fees.” – Aditya A., Bangalore
Scenario 2: The Power Trader
“For someone who trades a lot, the MTF bonus that Angel One offered through their referral program was very appealing. It helped me get bigger returns, but I always put risk control first.” – Surbhi M., Mumbai
Finding Your Angel One Introducer Code
Discovering Your Unique Code
For existing Angel One Users: Find your unique Angel one introducer code inside your Angel One account dashboard in profile section.
New Users: Can use Angel one introducer code DPRDA
Maximizing Your Rewards using Angel one
Angel one introducer code is great. Here are some extra tips to enhance your experience with Angel One:
Research the Platform: The interface of Angel One is easy-to-use and comprises various tools and resources. Take advantage of educational materials as well as research options.
Begin Small and Grow Big: It would be better for a beginner to start investing smaller amounts before increasing their portfolio over time.
Stay Abreast Of Developments: Financial news comes fast in stock markets that are ever dynamic.
Angel One Refer and Earn Program
If you are already an existing customer of Angel One, you can join the “refer and earn” program by giving possible clients your unique Introducer code. Refer a friend and get a voucher worth up to ₹750 every time that person starts a new trading account using your code.
How to Share Your Introducer Code
Log In: You can get to your Angel One account through the website or the mobile app.
Navigate to ‘Refer and Earn’: This section can be found in your account page.
Share Your Code: You can share your unique introducer code or link with family and friends on social media, by email, or through chat apps.
Eligibility Criteria
- New Clients: The person you refer must be a new client who hasn’t signed up with Angel One before.
- Opening an Account: The introducer code must be used to open a new account within 30 days of getting the invitation.
Angel one introducer code terms and conditions
In the case of corporate accounts since CDSL levy a charge of Rs.500/- every year the same will be recovered from the corporate clients on an annual basis
Settlement charges towards Debit Instructions of client shares from Angel beneficiary and Angel Collateral Account, Rs. 30/- per ISIN would be debited to the client ledger
Angel One Limited reserved the right to increase the Tariff Charges from Time to Time at its sole discretion, under 30 days prior intimation to clients either by means of email or an ordinary post and by notification on the back office interface
Service Tax, Education Cess & other statutory levies (if any) would be charged extra wherever applicable as per prevailing rates
# Account would be opened after all procedures relating to IPV and client due diligence are completed.
1st year AMC is free on account opening with Angel One; from the 2nd year onward, it’s Rs. 240 per year.
Free brokerage up to Rs. 500 for the first 30 days after onboarding. Offer expires after 30 days or upon reaching the Rs. 500 discount limit. Angel One may modify or end this offer and its terms at its discretion, with email notice to clients.
Angel One Introducer Code
The Angel One introducer code for 2025 is DPRDA, and it gives new traders a 4× margin facility and free AMC for the first year. You can instantly claim these bonuses when you sign up using the current code (such as DPRDA).
Post Disclaimer
For informational purposes only:
The information presented on this website is for informational purposes only and should not be construed as financial, legal, or professional advice. While we strive to provide accurate and up-to-date information, we cannot guarantee its completeness or accuracy. Any opinions expressed herein are solely those of the author or individual contributor and do not necessarily reflect the views of any company, organization, or other entity.
Do your own research:
Readers are encouraged to conduct their due diligence and consult with a qualified professional before making any decisions based on the information presented on this website. Trading, investing, and other financial activities involve inherent risks, and you could lose all or a portion of your capital. Past performance is not indicative of future results.
