Anand Rathi Vs Alice Blue (Compare Anand Rathi and Alice Blue)

Anand Rathi Vs Alice Blue

Incorporated in 1994, Anand Rathi is a Full Service Broker. It offers trading at NSE, BSE, MCX, NCDEX & NSEL. It has 1200 branches across India. Incorporated in , Alice Blue is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India.

	Anand Rathi	Alice Blue
Type of Broker	Full Service Broker	Discount Broker
Exchnage Membership	NSE, BSE, MCX, NCDEX & NSEL	BSE, NSE, MCX
Year of Incorporation	1994
Number of Branches	1200
	Enquire Anand Rathi	Open Alice Blue Account

Anand Rathi Vs Alice Blue Charges & AMC

Anand Rathi trading account opening charges is Rs 750 while Alice Blue account opening changes is Rs 0 (Free). Anand Rathi Demat Account AMC Charges is Rs 299 from second year onward and Alice Blue Demat Account AMC Charges is Rs 400.

	Anand Rathi	Alice Blue
Trading Account Opening Charges	Rs 750	Rs 0 (Free)
Trading Account AMC Charges	Rs 0	Rs 0
Demat Account Opening Charges	Rs 550	Rs 0
Demat Account AMC Charges	Rs 299 from second year onward	Rs 400

Anand Rathi Vs Alice Blue Brokerage

Anand Rathi brokerage charges for equity is 0.5% - 0.15% and intraday is 0.05% -0.015% whereas Alice Blue brokerage charges for equity is Rs 0 (Free) and intraday is Rs 15 per order or 0.01% whichever is lower.

	Anand Rathi	Alice Blue
Account Type	Standard Plan	Freedom 15
Fixed Charges	NA
Equity Delivery	0.5% - 0.15%	Rs 0 (Free)
Equity Intraday	0.05% -0.015%	Rs 15 per order or 0.01% whichever is lower
Equity Futures	0.05% - 0.015%	Rs 15 per order or 0.01% whichever is lower
Equity Options	Rs 75 to Rs 20	Rs 15 per order
Currency Futures	0.05% - 0.015%	Rs 15 per order or 0.01% whichever is lower
Currency Options	Rs 75 to Rs 20	Rs 15 per order
Commodity Futures	0.008% - 0.05%	Rs 15 per order or 0.01% whichever is lower
Commodity Options		Rs 15 per order
Special Offer		Special Offer: Get brokerage FREE equity delivery trading (truly no brokerage) and Flat Rs 15 intranet and F&O trade brokerage. Open FREE Instant Account online with Alice Blue and start trading today.

Anand Rathi Charges Vs Alice Blue

Minimum Brokerage		Rs 0
Other Charges
Call & Trade Charges		Rs 20 per executed order

Anand Rathi Vs Alice Blue Transaction Charges

Anand Rathi transaction charges for options is Rs 7000 per Cr (0.07%) while Alice Blue exchange transaction charges for options is NSE Rs 5300 per Cr (0.053%) | BSE Rs 1 per trade (each side).

	Anand Rathi	Alice Blue
Equity Delivery	NSE Rs 350 per Cr (0.0035%) | BSE Rs 350 per Cr (0.0035%) (each side)	NSE Rs 325 per Cr (0.00325%) | BSE Rs 1 per trade (each side)
Equity Intraday	NSE Rs 350 per Cr (0.0035%) | BSE Rs 350 per Cr (0.0035%) (each side)	NSE Rs 325 per Cr (0.00325%) | BSE Rs 1 per trade (each side)
Equity Futures	NSE Rs 410 per Cr (0.0041%) | BSE Rs 210 per Cr (0.0021%) (each side)	NSE Rs 210 per Cr (0.0021%) | BSE Rs 1 per trade (each side)
Equity Options	Rs 7000 per Cr (0.07%)	NSE Rs 5300 per Cr (0.053%) | BSE Rs 1 per trade (each side)
Currency Futures	Rs 350 per Cr (0.0035%)	NSE Rs 135 per Cr (0.00135%)
Currency Options	Rs 7000 per Cr (0.07%)	NSE Rs 4400 per Cr (0.044%) (on premium)
Commodity	Rs 350 per Cr (0.0035%)	Non-Agri Rs 360 per Cr (0.0036%) | Agri Rs 275 per Cr (0.00275%)
	Enquire Anand Rathi	Open Alice Blue Account

Anand Rathi Vs Alice Blue Leverage (Margin)

Anand Rathi margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the Alice Blue margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

	Anand Rathi	Alice Blue
Equity Delivery	1x (no margin)	1x (no margin)
Equity Intraday	Up to 6x (based on the stock)	Up to 6x (based on the stock)
Equity F&O	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
	Enquire Anand Rathi	Open Alice Blue Account

Compare Anand Rathi and Alice Blue Features

The trading platforms offered Anand Rathi include Trade X. Alice Blue offers Front End: ANT | Back End: Omnesys NEST trading software.

	Anand Rathi	Alice Blue
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	Trade X	Front End: ANT | Back End: Omnesys NEST
Intraday Square-off Time		Equity: 3:15PM
Other Features
Referral Program
	Enquire Anand Rathi	Open Alice Blue Account

Anand Rathi Vs Alice Blue Review

Anand Rathi is rated 3.1 of 5 based on 14 customer reviews whereas Alice Blue is rated 3.4 of 5 based on 32 customer reviews.

	Anand Rathi	Alice Blue
	14 Customer Reviews	32 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Anand Rathi is rated 3.1 of 5 based on 14 customer reviews	Alice Blue is rated 3.4 of 5 based on 32 customer reviews

Anand Rathi Vs Alice Blue Investment Options

	Anand Rathi	Alice Blue
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options

Anand Rathi Vs Alice Blue Order Type Offered

	Anand Rathi	Alice Blue
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
	Enquire Anand Rathi	Open Alice Blue Account

Anand Rathi Vs Alice Blue Research Report

	Anand Rathi	Alice Blue
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Anand Rathi Vs Alice Blue Suitable For Investor Type

	Anand Rathi	Alice Blue
Casual Investor
Active Investor
Trader

Anand Rathi Vs Alice Blue - Pros and Cons

	Anand Rathi	Alice Blue
Pros	They have 200 branches for extensive reach. call & trade is also available. Investment online in IPOs, Mutual Funds, GOI Bonds all from one website. General Insurance is also available. Trading is available in both BSE and NSE. Low bandwidth website is available for slow internet connection or for trading from mobile devices.	Discount stock broker. Most advance trading platform. Free equity delivery trades. No brokerage. Flat Rs 15 brokerage for intraday and F&O.
Cons	AnandRathi brokerage is high and not negotiable. They don't offer 3 in 1 account. There are some extra charges for their featured products.	Online Mutual Fund investment is not available. Margin funding is not available. Good Till Cancelled (GTC) orders not available. Call & Trade is available with additional cost of Rs 20 per order.
Reviews
Promo / Offers		Free Equity Delivery Trade + FREE Account Opening Trade brokerage-free equity delivery (truly no brokerage). Pay flat Rs 15 per trade for Intra-day and F&O. Open FREE Instant Account online with Alice Blue and start trading today.
	Enquire Anand Rathi	Open Alice Blue Account