Anand Rathi Vs iTradeOnline (Compare Anand Rathi and iTradeOnline)

Anand Rathi Vs iTradeOnline

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

	Anand Rathi	iTradeOnline
Type of Broker	Full Service Broker	Discount Broker
Supported Exchnages	NSE, BSE, MCX, NCDEX & NSEL	BSE, NSE, MCX
Account Type	Standard Plan	Pay Per Trade
Year of Incorporation	1994
Number of Branches	1200
Broker Enquiry
	Enquire Anand Rathi	Enquire iTradeOnline

Anand Rathi Vs iTradeOnline Charges & AMC

Anand Rathi trading account opening charges is ₹750 while iTradeOnline account opening changes is ₹0 (Free). Anand Rathi Demat Account AMC Charges is ₹299 from second year onward and iTradeOnline Demat Account AMC Charges is Regular Demat: ₹300, Lifetime free AMC Demat: ₹0.

	Anand Rathi	iTradeOnline
Trading Account Opening Charges	₹750	₹0 (Free)
Trading Account AMC Charges	₹0	₹0 (Free)
Demat Account Opening Charges	₹550	Regular: ₹0, Lifetime Free AMC: ₹1000
Demat Account AMC Charges	₹299 from second year onward	Regular Demat: ₹300, Lifetime free AMC Demat: ₹0

Anand Rathi Vs iTradeOnline Brokerage

Anand Rathi brokerage charges for equity is 0.5% - 0.15% and intraday is 0.05% -0.015% whereas iTradeOnline brokerage charges for equity is ₹20 per executed order or .01% whichever is lower and intraday is ₹20 per executed order or .01% whichever is lower.

	Anand Rathi	iTradeOnline
Account Type	Standard Plan	Pay Per Trade
Fixed Charges	NA
Equity Delivery Brokerage	0.5% - 0.15%	₹20 per executed order or .01% whichever is lower
Equity Intraday Brokerage	0.05% -0.015%	₹20 per executed order or .01% whichever is lower
Equity Futures Brokerage	0.05% - 0.015%	₹20 per executed order or .01% whichever is lower
Equity Options Brokerage	₹75 to ₹20	₹20 per executed order or .01% whichever is lower
Currency Futures Trading Brokerage	0.05% - 0.015%	₹20 per executed order or .01% whichever is lower
Currency Options Trading Brokerage	₹75 to ₹20	₹20 per executed order or .01% whichever is lower
Commodity Futures Trading Brokerage	0.008% - 0.05%	₹20 per executed order or .01% whichever is lower
Commodity Options Trading Brokerage
Special Offer		Special Offer: Get 50% discount (₹500 Off) on Lifetime FREE AMC Demat Account fee. Request a Callback

Anand Rathi Charges Vs iTradeOnline

Minimum Brokerage Charges		₹0 (No Minimum Brokerage)
Other Brokerage Charges		Physical contact notes: ₹20
Call & Trade Charges		₹0 (Free)

Anand Rathi Vs iTradeOnline Transaction Charges

Anand Rathi transaction charges for options is ₹7000 per Cr (0.07%) while iTradeOnline exchange transaction charges for options is NSE ₹5000 per crore (0.05%).

	Anand Rathi	iTradeOnline
Equity Delivery	NSE ₹350 per Cr (0.0035%) | BSE ₹350 per Cr (0.0035%) (each side)	NSE ₹325 per crore | BSE ₹1.5/trade (each side)
Equity Intraday	NSE ₹350 per Cr (0.0035%) | BSE ₹350 per Cr (0.0035%) (each side)	NSE ₹325 per crore | BSE ₹1.5/trade (each side)
Equity Futures	NSE ₹410 per Cr (0.0041%) | BSE ₹210 per Cr (0.0021%) (each side)	NSE ₹190 per crore (0.0019%)
Equity Options	₹7000 per Cr (0.07%)	NSE ₹5000 per crore (0.05%)
Currency Futures	₹350 per Cr (0.0035%)	NSE ₹90/cr (0.0009%) | BSE ₹18/cr (0.00018%)
Currency Options	₹7000 per Cr (0.07%)	NSE ₹4000 (on premium) per cr (0.04%) | BSE ₹1500
Commodity	₹350 per Cr (0.0035%)	MCX ₹260/Cr (0.0026%) | NCDEX ₹600/cr (0.006%)
	Enquire Anand Rathi	Enquire iTradeOnline

Anand Rathi Vs iTradeOnline Leverage (Margin)

Anand Rathi provides the margin of Upto 10x for intraday trades whereas the iTradeOnline margin for intraday cash is Upto 20x (based on the stock).

	Anand Rathi	iTradeOnline
Equity Delivery	upto 4x	Upto 5x (based on the stock)
Equity Intraday	Upto 10x	Upto 20x (based on the stock)
Equity Futures	Upto 2x	Intraday - 25%(4x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Equity Options	Upto 2x for shorting	Intraday - 100%(1x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Futures	Upto 2x	Intraday - 25%(4x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Options	Upto 2x for shorting	Intraday - 100%(1x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Commodity Futures	Upto 2x	Future Intraday - 12.5%(8x), Carry forward - 100%(1x) of Span
Commodity Options		Intraday - 100%(1x), Carry forward - 100%(1x) of Span
	Enquire Anand Rathi	Enquire iTradeOnline

Compare Anand Rathi and iTradeOnline Features

The trading platforms offered Anand Rathi include Trade X. iTradeOnline offers Omnesys NEST is used as back-end. Front-end is built in-house by Trustline. trading software.

	Anand Rathi	iTradeOnline
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	Omnesys NEST is used as back-end. Front-end is built in-house by Trustline.
Intraday Square-off Time		Equity: 3:15 PM, Commodity: 11:15 PM
Other Features
Referral Program
	Enquire Anand Rathi	Enquire iTradeOnline

Anand Rathi Vs iTradeOnline Review

Anand Rathi is rated 3.1 of 5 based on 12 customer reviews whereas iTradeOnline is rated 4.0 of 5 based on 7 customer reviews.

	Anand Rathi	iTradeOnline
	12 Customer Reviews	7 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	iTradeOnline is rated 4.0 of 5 based on 7 customer reviews

Anand Rathi Vs iTradeOnline Investment Options

	Anand Rathi	iTradeOnline
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options		Insurance, Wealth Management

Anand Rathi Vs iTradeOnline Order Type Offered

	Anand Rathi	iTradeOnline
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
	Enquire Anand Rathi	Enquire iTradeOnline

Anand Rathi Vs iTradeOnline Research Report

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

Anand Rathi Vs iTradeOnline Suitable For Investor Type

	Anand Rathi	iTradeOnline
Casual Investor
Active Investor
Trader

Anand Rathi Vs iTradeOnline - Pros and Cons

	Anand Rathi	iTradeOnline
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.	Paperless account opening is available with eKYC and Aadhar integration All trading softwares including trading terminal are available for free. Uses trading platform of Omnesys which is industry leading trading software provider. Margin Against Share is available Research based fundamental and technical analysis available to all the customers. Short selling is available in NSE Cash segment only. After Hours Orders and Good Till Cancelled (GTC) orders are available. SMS Trade Alerts are available for free to all customers. Call & Trade is free for all customers.
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.	Separate account needed for Mutual Funds investment. For iTradeOnline customers, the customer service is not available through 400+ Trustline branches. Doesn't offer bracket orders. Online IPO, NCD, Corporate Bond investment is not available. Trading API's are now available. Opening demat account along with the trading account is mandatory. No extra charge for intraday or expiry positions closed by the broker.
Reviews
Promo / Offers		Lifetime FREE AMC Demat Account - 50% Off Get 50% off onetime fee of Lifetime Zero AMC Demat Account. Save ₹500 on account opening. This is a limited time offer. Simply leave your contact information with us and iTradeOnline representatives will contact you.
	Enquire Anand Rathi	Enquire iTradeOnline