Angel One's business model is centered on providing a wide range of financial services, including equity trading, mutual funds, commodities, derivatives, research, and investments. They offer online and mobile trading platforms, leveraging their proprietary tool ARQ for personalized investment advice. Additionally, Angel One facilitates trading in currencies and provides insurance products. Revenue streams include brokerage fees, subscription services for premium tools and research, interest from margin lending, and commissions from mutual fund sales. This diverse offering aims to attract both novice and experienced investors by offering comprehensive financial solutions.