Anand Rathi Vs Fyers (Compare Anand Rathi and Fyers)

Anand Rathi Vs Fyers

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 2015, Fyers is a Discount Broker. It offers trading at NSE, MCX. It has 0 branches across India.

	Anand Rathi	Fyers
Type of Broker	Full Service Broker	Discount Broker
Exchnage Membership	NSE, BSE, MCX, & NCDEX	NSE, MCX
Year of Incorporation	1994	2015
Number of Branches	1200	0
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Anand Rathi Vs Fyers Charges & AMC

Anand Rathi trading account opening charges is Rs 552 (including GST) while Fyers account opening changes is Rs 0 (Free). Anand Rathi Demat Account AMC Charges is Rs 450 from second year onward and Fyers Demat Account AMC Charges is Rs 300.

	Anand Rathi	Fyers
Trading Account Opening Charges	Rs 552 (including GST)	Rs 0 (Free)
Trading Account AMC Charges	Rs 0	Rs 0 (Free)
Demat Account Opening Charges	Rs 0	Rs 0 (Free)
Demat Account AMC Charges	Rs 450 from second year onward	Rs 300

Anand Rathi Vs Fyers Brokerage

Anand Rathi brokerage charges for equity is 0.5% - 0.15% and intraday is 0.05% -0.015% whereas Fyers brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or .03% whichever is lower.

	Anand Rathi	Fyers
Account Type	Standard Plan	Flat Fee Brokerage Plan
Fixed Charges	NA	NA
Equity Delivery	0.5% - 0.15%	Rs 0 (Free)
Equity Intraday	0.05% -0.015%	Rs 20 per executed order or .03% whichever is lower
Equity Futures	0.05% - 0.015%	Rs 20 per executed order or .03% whichever is lower
Equity Options	Rs 75 to Rs 20	Rs 20 per executed order
Currency Futures	0.05% - 0.015%	Rs 20 per executed order or .03% whichever is lower
Currency Options	Rs 75 to Rs 20	Rs 20 per executed order
Commodity Futures	0.008% - 0.05%	Rs 20 per executed order or .03% whichever is lower
Commodity Options		Rs 20 per executed order
Special Offer		Special Offer: Invest brokerage-free Equity Delivery and Direct Mutual Funds (Zero brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open FREE Demat Account online with Fyers and start trading today.

Anand Rathi Charges Vs Fyers

Minimum Brokerage		Intra-day: Rs 7 or 2.5% whichever is lower
Other Charges		Square-off by Fyers - Rs 20 per trade, NRI Brokerage: Rs 100 per executed order (For all segments)
Call & Trade Charges		Rs 20 per trade

Anand Rathi Vs Fyers Transaction Charges

Anand Rathi transaction charges for options is Rs 7000 per Cr (0.07%) while Fyers exchange transaction charges for options is Rs 5900 per Cr (on premium) (0.059%).

	Anand Rathi	Fyers
Equity Delivery	NSE Rs 350 per Cr (0.0035%) | BSE Rs 350 per Cr (0.0035%) (each side)	Rs 325 per Cr (0.00325%)
Equity Intraday	NSE Rs 350 per Cr (0.0035%) | BSE Rs 350 per Cr (0.0035%) (each side)	Rs 325 per Cr (0.00325%)
Equity Futures	NSE Rs 410 per Cr (0.0041%) | BSE Rs 210 per Cr (0.0021%) (each side)	Rs 240 per Cr (0.0024%)
Equity Options	Rs 7000 per Cr (0.07%)	Rs 5900 per Cr (on premium) (0.059%)
Currency Futures	Rs 350 per Cr (0.0035%)	Rs 240 per Cr (0.0024%)
Currency Options	Rs 7000 per Cr (0.07%)	Rs 5900 per Cr (on premium) (0.059%)
Commodity	Rs 350 per Cr (0.0035%)	NA
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Anand Rathi Vs Fyers 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 Fyers 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	Fyers
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 Fyers Features

The trading platforms offered Anand Rathi include Trade X. Fyers offers Fyers One (In-house build) trading software.

	Anand Rathi	Fyers
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	Fyers One (In-house build)
Intraday Square-off Time	3:15 PM	3:20 PM
Other Features		Brokerage free thematic investing is available
Referral Program
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Anand Rathi Vs Fyers Review

Anand Rathi is rated 3.1 of 5 based on 14 customer reviews whereas Fyers is rated 3.2 of 5 based on 21 customer reviews.

	Anand Rathi	Fyers
	14 Customer Reviews	21 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	Fyers is rated 3.2 of 5 based on 21 customer reviews

Anand Rathi Vs Fyers Investment Options

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

Anand Rathi Vs Fyers Order Type Offered

	Anand Rathi	Fyers
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
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Anand Rathi Vs Fyers Research Report

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

Anand Rathi Vs Fyers Suitable For Investor Type

	Anand Rathi	Fyers
Casual Investor
Active Investor
Trader

Anand Rathi Vs Fyers - Pros and Cons

	Anand Rathi	Fyers
Pros	Pan India presence. Option to trade online through web based and mobile trading platforms. Various financial products under one umbrella viz. Broking products, insurance, portfolio management services, corporate fixed deposits, structured products. Online IPO applicatioan. Loan against Shares and Margin Trading Facility available. Quick and Easy account opening. Research and advisory services.	Free equity delivery trades and thematic investments. No brokerage for this segment. Very low brokerage charges of maximum Rs 20 per trade. Free account opening. No software charges. State of art trading platforms. Thematic investment is available Refer your friends and earn 20% of the revenues generated by your friends, for life!
Cons	High and non-negotiable brokerage charges. Do not offer 3 in 1 account. Extra charges for featured products.	Depository services are offered through another company (IL&FS). Higher demat charges. No branch offices. No good 'til canceled (GTC) orders.
Reviews
Promo / Offers		Free Equity Delivery Trading and Mutual Funds Brokerage-free Equity Delivery. Flat Rs 20 per trade for Intraday & F&O. Brokerage-free Direct Mutual Fund investment. Trade with one of the best trading platforms in India. This is a limited-time offer. Open FREE Fyers Account online and start trading today.
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