Anand Rathi Vs Finvasia (Compare Anand Rathi and Finvasia)


Anand Rathi
Incorporated in 1994, Anand Rathi is Mumbai, India based firm engaged in financial and advisory services which 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 and Bangkok. Anand Rathi has network of 350+ br... Know more about Anand Rathi


Finvasia
Finvasia is India based technology-driven financial service provider. Finvasia offers a wide range of financial services in India and 14 other countries. The key offerings include retail trading in equity, currency and commodity, asset management, investment banking, advisory, and currency hedging. Finvasia cater to retail, institutional and foreign customers. Honest Pricing. Leading-edge Platform. Exceptional Service. Finvasia Founders Finvasia Securities is based in Chandigarh, In... Know more about Finvasia Securities Pvt Ltd

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Anand Rathi Vs Finvasia

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 2013, Finvasia is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India.

  Anand Rathi Finvasia
Type of Broker Full Service Broker Discount Broker
Exchnage Membership NSE, BSE, MCX, NCDEX & NSEL BSE, NSE, MCX
Year of Incorporation 1994 2013
Number of Branches 1200 1
Open an Online Trading Account with Anand Rathi.Open an Online Trading Account with Finvasia.
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Anand Rathi Vs Finvasia Charges & AMC

Anand Rathi trading account opening charges is Rs 750 while Finvasia account opening changes is Rs 0 (Free). Anand Rathi Demat Account AMC Charges is Rs 299 from second year onward and Finvasia Demat Account AMC Charges is Rs 0 per year (Lifetime Zero AMC).

  Anand Rathi Finvasia
Trading Account Opening Charges Rs 750 Rs 0 (Free)
Trading Account AMC Charges Rs 0 Rs 0 (Free)
Demat Account Opening Charges Rs 550 Rs 0 (Free)
Demat Account AMC Charges Rs 299 from second year onward Rs 0 per year (Lifetime Zero AMC)
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Anand Rathi Vs Finvasia Brokerage Charges & Plans

Anand Rathi Vs Finvasia Brokerage

Anand Rathi brokerage charges for equity is 0.5% - 0.15% and intraday is 0.05% -0.015% whereas Finvasia brokerage charges for equity is Rs 0 and intraday is Rs 0.

  Anand Rathi Finvasia
Account Type Standard Plan Standard
Fixed Charges NA NA
Equity Delivery 0.5% - 0.15% Rs 0
Equity Intraday 0.05% -0.015% Rs 0
Equity Futures 0.05% - 0.015% Rs 0
Equity Options Rs 75 to Rs 20 Rs 0
Currency Futures 0.05% - 0.015% Rs 0
Currency Options Rs 75 to Rs 20 Rs 0
Commodity Futures 0.008% - 0.05% Rs 0
Commodity Options Rs 0
Special Offer

Anand Rathi Charges Vs Finvasia

Minimum Brokerage Rs 0
Other Charges Bracket Orders in NEST: Rs 99 per month
Call & Trade Charges Rs 0
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Anand Rathi Vs Finvasia Transaction Charges

Anand Rathi transaction charges for options is Rs 7000 per Cr (0.07%) while Finvasia exchange transaction charges for options is Rs 5000 per Cr (0.05%) (on premium).

  Anand Rathi Finvasia
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 325 per Cr (0.00325%) (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 325 per Cr (0.00325%) (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 190 per Cr (0.0019%) (each side)
Equity Options Rs 7000 per Cr (0.07%) Rs 5000 per Cr (0.05%) (on premium)
Currency Futures Rs 350 per Cr (0.0035%) Rs 115 per Cr (0.00115%)
Currency Options Rs 7000 per Cr (0.07%) Rs 4000 per Cr (0.04%) (on premium)
Commodity Rs 350 per Cr (0.0035%) Rs 260 per Cr (0.0026%)
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Anand Rathi Vs Finvasia 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 Finvasia 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 Finvasia
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 Finvasia Features

The trading platforms offered Anand Rathi include Trade X. Finvasia offers Scalpert, Omnysis NEST, NSE NOW, Blitz Trader, Fox Trader and Symphony Presto trading software.

  Anand Rathi Finvasia
3 in 1 Account No No
Charting Yes Yes
Automated Trading Yes Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Yes No
Margin Against Shares (Equity Cash) No
Margin Against Shares (Equity F&O) No
Trading Platform Trade X Scalpert, Omnysis NEST, NSE NOW, Blitz Trader, Fox Trader and Symphony Presto
Intraday Square-off Time 3:15 PM
Other Features Asset management, Investment Banking, Advisory, and Currency hedging.
Referral Program
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Anand Rathi Vs Finvasia Review

Anand Rathi is rated 3.1 of 5 based on 14 customer reviews whereas Finvasia is rated 4.5 of 5 based on 39 customer reviews.

  Anand Rathi Finvasia
  14 Customer Reviews    Rate Anand Rathi 39 Customer Reviews    Rate Finvasia
Fees 3.2 4.7
Brokerage 3.2 4.9
Trading Platform 3.0 3.6
Customer Service 3.4 4.5
Research Capabilities 3.5 2.9
Overall Ratings Rated 3.1 stars Rated 4.5 stars
Broker Rating Anand Rathi is rated 3.1 of 5 based on 14 customer reviews Finvasia is rated 4.5 of 5 based on 39 customer reviews
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Contact Broker / Request A Call Back

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Anand Rathi Vs Finvasia Investment Options

  Anand Rathi Finvasia
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes No
Debt Yes No
Other Investment Options
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Anand Rathi Vs Finvasia Order Type Offered

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

  Anand Rathi Finvasia
Daily Market Report Yes Yes
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes No
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Anand Rathi Vs Finvasia Suitable For Investor Type

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

  Anand Rathi Finvasia
Pros
  1. They have 200 branches for extensive reach.
  2. call & trade is also available.
  3. Investment online in IPOs, Mutual Funds, GOI Bonds all from one website. General Insurance is also available.
  4. Trading is available in both BSE and NSE.
  5. Low bandwidth website is available for slow internet connection or for trading from mobile devices.
  • Finvasia truly doesn't charge any brokers for any segment on any exchange. No monthly fee except software uses charges for few optional advances trading platform.
  • Doesn't charge any trade clearing charges.
  • A variety of trading platforms are available for the trader to choose from.
  • Provides trading API and support Algo trading tools.
  • Offer other services including Asset Management, Investment Banking, Research and Currency Hedging for retail, institutional and foreign clients.
  • Call & trade is available for free to all the customers.
  • GTC orders are available in MCX.
Cons
  1. AnandRathi brokerage is high and not negotiable.
  2. They don't offer 3 in 1 account.
  3. There are some extra charges for their featured products.
  • Scalpter, the web-based trading platform has only 1 min charting frame.
  • Bracket orders are chargeable.
  • NEST and NOW trading terminals (Installable trading application) are available at additional monthly fees.
  • GTC orders are not available at NSE and BSE.
  • Finvasia is an online stock broker. It doesn't have branch offices.
  • Doesn't offer a 3-in-1 account.
  • Doesn't offer margin funding.
  • Leverage offered is on the lower side in comparison with other discount brokers.
Reviews
Promo / Offers
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