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About 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... 
About Groww
Groww is a Bangalore based broker offering online flat fee discount brokerage services to invest in Equity, IPO, and Direct Mutual Funds. Groww is the brand name for Nextbillion Technology Private Limited who is a SEBI registered stockbroker and a member of NSE and BSE.
Established in 2016, Groww initially started as a direct mutual fund investment platform. In the mid-2020s, Groww expanded its product offering to include Equity trading. The company also offers Digital gold, US Stocks, and Fixe...
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 2016, Groww is a Discount Broker. It offers trading at NSE and BSE. It has 0 branches across India.
| Anand Rathi | Groww | |
|---|---|---|
| Type of Broker | Full Service Broker | Discount Broker |
| Exchnage Membership | NSE, BSE, MCX, & NCDEX | NSE and BSE |
| Year of Incorporation | 1994 | 2016 |
| Number of Branches | 1200 | 0 |
| Open Anand Rathi Account |
Anand Rathi trading account opening charges is Rs 552 (including GST) while Groww account opening changes is Rs 0. Anand Rathi Demat Account AMC Charges is Rs 450 from second year onward and Groww Demat Account AMC Charges is Rs 0.
| Anand Rathi | Groww | |
|---|---|---|
| Trading Account Opening Charges | Rs 552 (including GST) | Rs 0 |
| 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 0 |
Anand Rathi brokerage charges for equity is 0.5% - 0.15% and intraday is 0.05% -0.015% whereas Groww brokerage charges for equity is Rs 20 per executed order or 0.05% whichever is lower and intraday is Rs 20 per executed order or 0.05% whichever is lower.
| Account Type | Anand Rathi Standard Plan | Groww Standard Plan |
|---|---|---|
| Fixed Charges | NA | NA |
| Equity Delivery | 0.5% - 0.15% | Rs 20 per executed order or 0.05% whichever is lower |
| Equity Intraday | 0.05% -0.015% | Rs 20 per executed order or 0.05% whichever is lower |
| Equity Futures | 0.05% - 0.015% | Rs 20 per executed order |
| Equity Options | Rs 75 to Rs 20 | Rs 20 per executed order |
| Currency Futures | 0.05% - 0.015% | NA |
| Currency Options | Rs 75 to Rs 20 | NA |
| Commodity Futures | 0.008% - 0.05% | NA |
| Commodity Options | NA | |
| Special Offer | Zerodha (Trade with the best stock broker) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
Zerodha (Trade with the best stock broker) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
| Minimum Brokerage | Rs 20 or 0.05% per executed order | |
| Other Charges | Physical Contract Note: Rs 20 + Courier Charges; Auto square off charges : Rs 50 | |
| Call & Trade Charges | NA |
Anand Rathi transaction charges for options is Rs 7000 per Cr (0.07%) while Groww exchange transaction charges for options is NSE: 0.053% on premium.
| Anand Rathi | Groww | |
|---|---|---|
| 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: 002% |
| Equity Options | Rs 7000 per Cr (0.07%) | NSE: 0.053% on premium |
| Currency Futures | Rs 350 per Cr (0.0035%) | NA |
| Currency Options | Rs 7000 per Cr (0.07%) | NA |
| Commodity | Rs 350 per Cr (0.0035%) | NA |
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Anand Rathi margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Groww margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Anand Rathi | Groww | |
|---|---|---|
| Equity Delivery | 100% of trade value (1x leverage) | 100% of trade value (1x leverage) |
| Equity Intraday | Up to 20% of trade value (5x leverage) | Up to 20% of trade value (5x leverage) |
| F&O (Eq, Curr, Comm) | 100% of NRML margin (Span + Exposure) (1x leverage) | 100% of NRML margin (Span + Exposure) (1x leverage) |
| Open Anand Rathi Account |
The trading platforms offered Anand Rathi include Trade X. Groww offers Groww trading software.
| Anand Rathi | Groww | |
|---|---|---|
| 3 in 1 Account |  |
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| Automated Trading | |
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| SMS Alerts | |
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| Online Demo | |
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| Online Portfolio | |
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| Margin Trading Funding | |
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| Margin Against Shares (Equity F&O) | |
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| Trading Platform | Trade X | Groww |
| Intraday Square-off Time | 3:15 PM | 3:10 PM |
| Trading In SME Shares Allowed? | |
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| Referral Program | ||
| Other Features | ||
| Open Anand Rathi Account |
Anand Rathi is rated 3.1 of 5 based on 16 customer reviews whereas Groww is rated 4.1 of 5 based on 60 customer reviews.
| Anand Rathi | Groww | |
|---|---|---|
16 Customer Reviews  |
60 Customer Reviews |
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| Broker Rating | Anand Rathi is rated 3.1 of 5 based on 16 customer reviews | Groww is rated 4.1 of 5 based on 60 customer reviews |
| Anand Rathi Enquire | Groww Enquire | |
|---|---|---|
| Contact Broker | Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. | Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
| Anand Rathi | Groww | |
|---|---|---|
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| Commodity | |
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| IPO | |
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| Bond / NCD | |
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| Other Investment Options | Digital Gold, US Stocks, Fixed Deposits |
| Anand Rathi | Groww | |
|---|---|---|
| Bracket Order | |
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| Cover Order | |
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| Buy Today Sell Tomorrow (BTST) | |
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| Sell Today Buy Tomorrow (STBT) | |
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| After Market Order(AMO) | |
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| Good Till Cancelled (GTC) | |
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| Open Anand Rathi Account |
| Anand Rathi | Groww | |
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| Daily Market Report | |
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| Free Tips | |
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| Quarterly Result Analysis | |
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| News Alerts | |
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| Anand Rathi | Groww | |
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| Casual Investor | |
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| Trader |
| Anand Rathi | Groww | |
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| Reviews | Groww is a Bangalore based broker offering online services to invest in Equity, IPO, and Direct Mutual Funds. Groww is registered with SEBI as a stock broker in the name of NextBillion Technology Limited. Groww is also a member of the NSE, BSE, and CDSL depository. Groww is an online discount broker with a simple pricing model based on a flat fee. The company charges a lower of Rs 20 or 0.05% per executed trade and offers Free Mutual Fund services with no charges in investing or redemption of mutual funds. The account opening with Groww is also free with no maintenance charges. It does not offer any tips, recommendations, and research services. Groww offers its trading platform called Groww on web and mobile app to enjoy a seamless trading experience for its investors. |
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| Promo / Offers | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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