Anand Rathi Vs AxisDirect (Compare Anand Rathi and AxisDirect)


Anand Rathi
Incorporated in 1994, Anand Rathi is Mumbai based firm engaged in financial and advisory services that includes wealth management, investment banking, corporate advisory, brokerage & distribution of equities, commodities, mutual funds, and insurance. Anand Rathi is a full-service broker offering brokerage services to retail and institutional customers. Anand Rathi has a presence in India as well as internationally through offices in Dubai. Anand Rathi has a network across 1200+ locations se... Know more about Anand Rathi


AxisDirect
Incorporated in 2005, Axis Securities Ltd is part of Axis Bank, a leading private bank in India. Axis Sec is a full-service broker offering stock broking services and distribution of financial products to retail customers in India through its AxisDirect brand. AxisDirect is among top 10 stock brokers in India with over 4.2 lakhs active customers. AxisDirect offers investment in Equities, Mutual Fund, SIP, IPO, Derivatives, Bond, NCD, ETF and Company Fixed Deposits. Axis Sec also offers Home Loa... Know more about Axis Securities

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Anand Rathi Vs AxisDirect

Incorporated in 1994, Anand Rathi is a Full Service Broker. It offers trading at NSE, BSE, MCX, & NCDEX. It has 1200 branches across India. Incorporated in 2006, AxisDirect is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 56 branches across India.

  Anand Rathi AxisDirect
Type of Broker Full Service Broker Full Service Broker
Exchnage Membership NSE, BSE, MCX, & NCDEX BSE, NSE, MCX
Year of Incorporation 1994 2006
Number of Branches 1200 56
Open an Online Trading Account with Anand Rathi.Open an Online Trading Account with AxisDirect.
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Anand Rathi Vs AxisDirect Charges & AMC

Anand Rathi trading account opening charges is Rs 552 (including GST) while AxisDirect account opening changes is Rs 900. Anand Rathi Demat Account AMC Charges is Rs 450 from second year onward and AxisDirect Demat Account AMC Charges is Rs 650.

  Anand Rathi AxisDirect
Trading Account Opening Charges Rs 552 (including GST) Rs 900
Trading Account AMC Charges Rs 0 Rs 0
Demat Account Opening Charges Rs 0 Rs 0
Demat Account AMC Charges Rs 450 from second year onward Rs 650
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Anand Rathi Vs AxisDirect Brokerage Charges & Plans

Anand Rathi Vs AxisDirect Brokerage

Anand Rathi brokerage charges for equity is 0.5% - 0.15% and intraday is 0.05% -0.015% whereas AxisDirect brokerage charges for equity is 0.50% and intraday is 0.05%.

  Anand Rathi AxisDirect
Account Type Standard Plan Standard Brokerage Plan
Fixed Charges NA NA
Equity Delivery 0.5% - 0.15% 0.50%
Equity Intraday 0.05% -0.015% 0.05%
Equity Futures 0.05% - 0.015% 0.05%
Equity Options Rs 75 to Rs 20 Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per lot
Currency Futures 0.05% - 0.015% 0.05%
Currency Options Rs 75 to Rs 20 Intraday: Rs 0.01 per lot | Carry Forward: Rs 10 per l
Commodity Futures 0.008% - 0.05% 0.03%
Commodity Options Rs 50 per lot
Special Offer

Anand Rathi Charges Vs AxisDirect

Minimum Brokerage Rs 20 per trade
Other Charges
Call & Trade Charges Rs 20 per call
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Anand Rathi Vs AxisDirect Transaction Charges

Anand Rathi transaction charges for options is Rs 7000 per Cr (0.07%) while AxisDirect exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 300 per Cr (0.003%) (on premium).

  Anand Rathi AxisDirect
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 300 per Cr (0.003%) (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 300 per Cr (0.003%) (each side)
Equity Futures NSE Rs 410 per Cr (0.0041%) | BSE Rs 210 per Cr (0.0021%) (each side) NSE Rs 190 per Cr (0.0019%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Options Rs 7000 per Cr (0.07%) NSE Rs 5000 per Cr (0.05%) | BSE Rs 300 per Cr (0.003%) (on premium)
Currency Futures Rs 350 per Cr (0.0035%) Rs 190 per Cr (0.0019%)
Currency Options Rs 7000 per Cr (0.07%) Rs 5000 per Cr (0.05%) (on premium)
Commodity Rs 350 per Cr (0.0035%)
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Anand Rathi Vs AxisDirect 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 AxisDirect 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 AxisDirect
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)
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Compare Anand Rathi and AxisDirect Features

The trading platforms offered Anand Rathi include Trade X. AxisDirect offers DirectTrade, Axisdirect Web, Axisdirect Mobile trading software.

  Anand Rathi AxisDirect
3 in 1 Account No Yes
Charting Yes Yes
Automated Trading Yes No
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Yes Yes
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform Trade X DirectTrade, Axisdirect Web, Axisdirect Mobile
Intraday Square-off Time 3:15 PM 3:15
Other Features
Referral Program Yes
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Anand Rathi Vs AxisDirect Review

Anand Rathi is rated 3.1 of 5 based on 14 customer reviews whereas AxisDirect is rated 2.1 of 5 based on 71 customer reviews.

  Anand Rathi AxisDirect
  14 Customer Reviews    Rate Anand Rathi 71 Customer Reviews    Rate AxisDirect
Fees 3.2 2.0
Brokerage 3.2 1.7
Trading Platform 3.0 2.6
Customer Service 3.4 2.2
Research Capabilities 3.5 2.9
Overall Ratings Rated 3.1 stars Rated 2.1 stars
Broker Rating Anand Rathi is rated 3.1 of 5 based on 14 customer reviews AxisDirect is rated 2.1 of 5 based on 71 customer reviews
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Contact Broker / Request A Call Back

  Anand Rathi Enquire AxisDirect Enquire
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Anand Rathi Vs AxisDirect Investment Options

  Anand Rathi AxisDirect
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options Loans, ETF, Corporate FD
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Anand Rathi Vs AxisDirect Order Type Offered

  Anand Rathi AxisDirect
Bracket Order No No
Cover Order No Yes
Buy Today Sell Tomorrow (BTST) Yes
Sell Today Buy Tomorrow (STBT) No
After Market Order(AMO) Yes No
Good Till Cancelled (GTC) No Yes
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Anand Rathi Vs AxisDirect Research Report

  Anand Rathi AxisDirect
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes
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Anand Rathi Vs AxisDirect Suitable For Investor Type

  Anand Rathi AxisDirect
Casual Investor Yes
Active Investor Yes
Trader
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Anand Rathi Vs AxisDirect - Pros and Cons

  Anand Rathi AxisDirect
Pros
  1. Pan India presence.
  2. Option to trade online through web based and mobile trading platforms.
  3. Various financial products under one umbrella viz. Broking products, insurance, portfolio management services, corporate fixed deposits, structured products.
  4. Online IPO applicatioan.
  5. Loan against Shares and Margin Trading Facility available.
  6. Quick and Easy account opening.
  7. Research and advisory services.
  1. Offers 3-in-1 investment account
  2. Free research reports
  3. Offers classroom sessions, webinars, Online Tutorials and Articles by Experts
Cons
  1. High and non-negotiable brokerage charges.
  2. Do not offer 3 in 1 account.
  3. Extra charges for featured products.
  • Minimum Average Quarterly Balance(AQB) of Rs 75,000 in bank account is required. Rs 250 per month fee if minimum balance not maintained.
  • Charges Rs 250 per month fee if you are not an axis bank customer.
  • Install-able trading terminal cost at Rs 2999 per year which is mostly free by all discount brokers
  • Higher commodity and currency trading brokerage.
  • Call & Trade is charged Rs 20 extra per trade
Reviews
Promo / Offers
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