Angel One, a prominent retail broking platform, has announced a significant upgrade to its trading app by introducing an OTP-less login feature for Android devices running version 13 and above. This move is aimed at enhancing security, user convenience, and compliance with SEBI's recent security guidelines for trading and demat platforms.

What Is OTP-less Login and How Does It Work?

The newly introduced login feature leverages SIM binding technology, allowing users to access their Angel One trading account without entering an OTP manually. Instead of relying on the traditional OTP sent via SMS, the app automatically verifies the SIM card linked to the registered mobile number.

This advanced authentication method eliminates the need for users to wait for or input OTPs, ensuring a smoother login experience while significantly improving security.

Why SIM Binding Is a Game-Changer

SIM binding functions as a possession-based factor in the two-factor authentication (2FA) system. It essentially means that the device being used must contain the original SIM card that is registered with the trading account. This method:

• Prevents SIM swap frauds – where a scammer duplicates a SIM to gain access.

• Eliminates OTP theft risks, such as phishing or spyware capturing OTPs.

• Strengthens 2FA protocols, ensuring that only genuinely linked devices access the account.

In Line with SEBI’s Push for Safer Platforms

The Securities and Exchange Board of India (SEBI) has been actively encouraging stronger safeguards for online trading and demat operations. With the rapid increase in retail participation, the regulator is focused on ensuring that platforms reduce vulnerabilities like identity theft and unauthorised logins.

By launching OTP-less login via SIM verification, Angel One is aligning itself with SEBI’s directive and raising the bar for account security across the industry.

More Than Just Login—Other Tech Enhancements

Alongside the security upgrade, Angel One has continued to reinforce its technology-driven offerings with features designed to boost trading efficiency, risk management, and user convenience. These include:

1. Automatic Exit for Open Positions

The trading app now allows users to set predetermined profit or loss levels for F&O and intraday positions. Once those thresholds are hit, the positions are automatically exited, protecting profits or reducing losses without manual intervention.

2. Dynamic Stop Loss Adjustments

A key smart trading feature is the automatic upward movement of stop loss in line with market gains. This functionality helps users secure profits without actively tracking the market, ideal for volatile conditions.

3. Option Trading via Index Charts

Angel One enables traders to initiate and manage option trades directly from index charts. The system offers built-in stop loss and target settings, helping streamline trades and make execution quicker, especially during high volatility.

DigiLocker Integration for Paperless Operations

In another user-centric move, Angel One has integrated DigiLocker into its verification process. This allows users to submit documents electronically using the government’s verified digital storage solution, making account opening and updates completely paperless and hassle-free.

User Security Meets Smart Innovation

Speaking on the developments, Ankit Rastogi, Chief Product Officer at Angel One, stated:

“We’re building a platform where innovation meets purpose—making trading smarter and safer.”

This reflects Angel One’s broader vision to blend technological innovation with robust security protocols, ensuring that customers can trade with confidence.

A Step Ahead in Retail Broking Evolution

With over a million active users, Angel One’s move to roll out OTP-less login is a progressive step that not only boosts user trust but also prepares the app for the future of secure fintech solutions.

By focusing on fraud prevention, seamless user experience, and automated risk control, Angel One is setting new benchmarks in the Indian online trading ecosystem.

Conclusion

In today’s digital trading environment, where speed, safety, and convenience are equally critical, Angel One’s innovations demonstrate a proactive approach to security and technology.

From OTP-less login via SIM binding to intelligent trade execution tools and DigiLocker integration, the company is not just enhancing its service—it’s shaping the future of trading in India.

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