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 & NSEL. 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
Supported Exchnages	NSE, BSE, MCX, NCDEX & NSEL	NSE, MCX
Account Type	Standard Plan	Flat Fee Brokerage Plan
Year of Incorporation	1994	2015
Number of Branches	1200	0
Broker Enquiry
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Anand Rathi Vs Fyers Charges & AMC

Anand Rathi trading account opening charges is ₹750 while Fyers account opening changes is ₹400 (Free). Anand Rathi Demat Account AMC Charges is ₹299 from second year onward and Fyers Demat Account AMC Charges is ₹300.

	Anand Rathi	Fyers
Trading Account Opening Charges	₹750	₹400 (Free)
Trading Account AMC Charges	₹0	₹0 (Free)
Demat Account Opening Charges	₹550	₹0 (Free)
Demat Account AMC Charges	₹299 from second year onward	₹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 ₹0 (Free) and intraday is ₹20 per executed order or .03% whichever is lower.

	Anand Rathi	Fyers
Account Type	Standard Plan	Flat Fee Brokerage Plan
Fixed Charges	NA
Equity Delivery Brokerage	0.5% - 0.15%	₹0 (Free)
Equity Intraday Brokerage	0.05% -0.015%	₹20 per executed order or .03% whichever is lower
Equity Futures Brokerage	0.05% - 0.015%	₹20 per executed order or .03% whichever is lower
Equity Options Brokerage	₹75 to ₹20	₹20 per executed order
Currency Futures Trading Brokerage	0.05% - 0.015%	₹20 per executed order or .03% whichever is lower
Currency Options Trading Brokerage	₹75 to ₹20	₹20 per executed order
Commodity Futures Trading Brokerage	0.008% - 0.05%	₹20 per executed order or .03% whichever is lower
Commodity Options Trading Brokerage		₹20 per executed order
Special Offer		Special Offer: Brokerage free equity delivery trading (no commission) + Max flat ₹20 Intra-day and F&O trades. Get the offer

Anand Rathi Charges Vs Fyers

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

Anand Rathi Vs Fyers Transaction Charges

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

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

Anand Rathi provides the margin of Upto 10x for intraday trades whereas the Fyers margin for intraday cash is Up to 16x (based on the stock).

	Anand Rathi	Fyers
Equity Delivery	upto 4x	1 times
Equity Intraday	Upto 10x	Up to 16x (based on the stock)
Equity Futures	Upto 2x	Intraday - 4 Times, Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Equity Options	Upto 2x for shorting	Intraday Sell 4x, Intraday Buy with CO 1.3x, Intraday Buy without CO 1x, Carry forward - 1x
Currency Futures	Upto 2x	Intraday - 40% (2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Options	Upto 2x for shorting	Intraday - 40% (2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) (Options selling)
Commodity Futures	Upto 2x	NA
Commodity Options
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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 Available
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	Trade X	Fyers One (In-house build)
Intraday Square-off Time		3:20 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 12 customer reviews whereas Fyers is rated 4.0 of 5 based on 14 customer reviews.

	Anand Rathi	Fyers
	12 Customer Reviews	14 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Anand Rathi is rated 3.1 of 5 based on 12 customer reviews	Fyers is rated 4.0 of 5 based on 14 customer reviews

Anand Rathi Vs Fyers Investment Options

	Anand Rathi	Fyers
Stock / Equity
Commodity
Currency
Initial Public Offers (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	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.	Free equity delivery trades and thematic investments. No brokerage for this segment. Very low brokerage charges of maximum ₹20 per trade. 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	AnandRathi brokerage is high and not negotiable. They don't offer 3 in 1 account. There are some extra charges for their 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 Get free equity delivery trading (truly no brokerage) and pay flat ₹20 brokerage for Intraday and F&O trades. To open an account with Fyers, simply leave your contact information with us and Fyers representatives will call you.
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