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
Supported Exchnages	NSE, BSE, MCX, NCDEX & NSEL	BSE, NSE, MCX
Account Type	Standard Plan	Freedom 20
Year of Incorporation	1994
Number of Branches	1200
Broker Enquiry
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Anand Rathi Vs Alice Blue Charges & AMC

Anand Rathi trading account opening charges is ₹750 while Alice Blue account opening changes is Equity ₹310 | MCX ₹200 | ₹500 All segments. Anand Rathi Demat Account AMC Charges is ₹299 from second year onward and Alice Blue Demat Account AMC Charges is ₹400.

	Anand Rathi	Alice Blue
Trading Account Opening Charges	₹750	Equity ₹310 | MCX ₹200 | ₹500 All segments
Trading Account AMC Charges	₹0	₹0
Demat Account Opening Charges	₹550	₹0
Demat Account AMC Charges	₹299 from second year onward	₹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 ₹0 (Free) and intraday is ₹20 per order or 0.01% whichever is lower.

	Anand Rathi	Alice Blue
Account Type	Standard Plan	Freedom 20
Fixed Charges	NA
Equity Delivery Brokerage	0.5% - 0.15%	₹0 (Free)
Equity Intraday Brokerage	0.05% -0.015%	₹20 per order or 0.01% whichever is lower
Equity Futures Brokerage	0.05% - 0.015%	₹20 per order or 0.01% whichever is lower
Equity Options Brokerage	₹75 to ₹20	₹20 per order
Currency Futures Trading Brokerage	0.05% - 0.015%	₹20 per order or 0.01% whichever is lower
Currency Options Trading Brokerage	₹75 to ₹20	₹10 per order
Commodity Futures Trading Brokerage	0.008% - 0.05%	₹20 per order or 0.01% whichever is lower
Commodity Options Trading Brokerage		₹20 per order
Special Offer		Special Offer: Alice Blue Free equity delivery trading (truly no brokerage) and Flat ₹20 intranet and F&O trade brokerage. Get the offer

Anand Rathi Vs Alice Blue Brokerage Plan 2

	Anand Rathi	Alice Blue
Account Type	Standard Plan	Trade Pro Plan
Fixed Charges	NA
Equity Delivery Brokerage	0.5% - 0.15%	0.1%
Equity Intraday Brokerage	0.05% -0.015%	0.01%
Equity Futures Brokerage	0.05% - 0.015%	0.01%
Equity Options Brokerage	₹75 to ₹20	₹20 per lot
Currency Futures Trading Brokerage	0.05% - 0.015%	₹10 per lot
Currency Options Trading Brokerage	₹75 to ₹20	₹20 per lot
Commodity Futures Trading Brokerage	0.008% - 0.05%	0.01%
Commodity Options Trading Brokerage		₹20 per lot
	Enquire Anand Rathi	Enquire Alice Blue

Anand Rathi Charges Vs Alice Blue

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

Anand Rathi Vs Alice Blue Transaction Charges

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

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

Anand Rathi Vs Alice Blue Leverage (Margin)

Anand Rathi provides the margin of Upto 10x for intraday trades whereas the Alice Blue margin for intraday cash is Intraday: 20x | Bracket Order: 20x | Cover Order: NA | CNC-Delivery: 3x.

	Anand Rathi	Alice Blue
Equity Delivery	upto 4x	Intraday: 20x | Bracket Order: 20x | Cover Order: NA | CNC-Delivery: 3x
Equity Intraday	Upto 10x	Intraday: 20x | Bracket Order: 20x | Cover Order: NA | CNC-Delivery: 3x
Equity Futures	Upto 2x	Intraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1x
Equity Options	Upto 2x for shorting	Intraday: Buy-3x Sell 10x | Bracket Order: NA | Cover Order: NA | CNC-Delivery: 1x
Currency Futures	Upto 2x	Intraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1x
Currency Options	Upto 2x for shorting	Intraday: Buy-3x Sell 10x | Bracket Order: NA | Cover Order: NA | CNC-Delivery: 1x
Commodity Futures	Upto 2x	Intraday: 10x | Bracket Order: 20x | Cover Order: 20x | CNC-Delivery: 1x
Commodity Options
	Enquire Anand Rathi	Enquire Alice Blue

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 Available
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	Enquire Alice Blue

Anand Rathi Vs Alice Blue Review

Anand Rathi is rated 3.2 of 5 based on 13 customer reviews whereas Alice Blue is rated 3.7 of 5 based on 27 customer reviews.

	Anand Rathi	Alice Blue
	13 Customer Reviews	27 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Anand Rathi is rated 3.2 of 5 based on 13 customer reviews	Alice Blue is rated 3.7 of 5 based on 27 customer reviews

Anand Rathi Vs Alice Blue Investment Options

	Anand Rathi	Alice Blue
Stock / Equity
Commodity
Currency
Initial Public Offers (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	Enquire Alice Blue

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. 01% or ₹20 whichever is less brokerage for intraday and F&O. Up to 20x margin in equity intraday.
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 ₹20 per order.
Reviews
Promo / Offers		Free Equity Delivery Trade Get free equity delivery trading (truly no brokerage) and pay flat ₹20 intranet and F&O trade brokerage. To open an account with Alice Blue, simply leave your contact information and Alice Blue representatives will call you.
	Enquire Anand Rathi	Enquire Alice Blue