Angel One reported 117.30 million orders in November 2025, reflecting healthy retail activity despite softer market conditions and slightly lower month-on-month run rates. The broker also highlighted resilient client growth, strong derivatives and commodity market share, and a historic high in average client funding book, underscoring its robust digital franchise.
Angel One’s November operating snapshot
Angel One’s monthly business update shows 117.30 million orders in November versus 136.27 million in October, tracking reduced volatility and lower trading intensity. Even so, the platform sustained a large active client base and steady MF SIP registrations, indicating depth and stickiness in its retail ecosystem.
Key highlights
Number of orders: 117.30 million in November 2025, down 14% month-on-month but up 10% year-on-year.
Average daily orders: 6.91 million, moderating from October yet remaining elevated versus last year.
Client base and gross client acquisition continued to grow on a yearly basis, despite the quieter trading backdrop.
Historic high in average client funding book, signalling deeper engagement with leverage and margin products.
Strong market share maintained across cash, F&O and commodities, with commodity turnover share above 50% in November.
Sources: Angel One Limited monthly business update, exchange filing to NSE & BSE dated December 3, 2025.