Anand Rathi Vs Upstox Share Broker Comparison
The side-by-side comparison of Anand Rathi and Upstox stock brokers in India. The comparison below highlights the similarities and differences between Anand Rathi and Upstox's brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among Anand Rathi and Upstox.
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Anand Rathi |
Upstox |
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| About the Broker |
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 ins...  |
Upstox is a tech-first low cost broking firm in India providing trading opportunities at unbeatable prices. Company provide trading on different segments such as equities, commodities, currency, futures, options which are available on its Upstox Pro ... |
Type of Broker
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Full Service Broker |
Discount Broker |
| Supported Exchnage
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NSE, BSE, MCX, NCDEX & NSEL |
BSE, NSE, MCX |
| Account Type
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Standard Plan |
Upstox Basic |
| Broker Enquiry |
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Stock Broker Fees / Charges
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Anand Rathi |
Upstox |
| Trading Account Opening Fees
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Rs 750 |
₹150 (Eq and F&O), ₹150 (MCX) |
| Trading Account AMC
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Rs 0 |
₹0 |
| Demat Account Opening Fees
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Rs 0 |
₹0 |
| Demat Account AMC
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Rs 299 |
₹150 (paid upfront) |
| Demat Account is Mandatory?
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No |
No |
Trading Brokerage Charges
Brokerage Plan 1
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Anand Rathi |
Upstox |
| Account Type |
Standard Plan |
Upstox Basic |
| Fixed Charges
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NA |
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| Equity Delivery Brokerage
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0.5% - 0.15% |
₹0 |
| Equity Intraday Brokerage
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0.05% -0.015% |
₹20 per trade or 0.01% (whichever is lower) |
| Equity Futures Brokerage
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0.05% - 0.015% |
₹20 per trade or 0.01% (whichever is lower) |
| Equity Options Brokerage
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Rs 75 to Rs 20 |
₹20 per trade or 0.01% (whichever is lower) |
| Currency Futures Trading Brokerage
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0.05% - 0.015% |
₹20 per trade or 0.01% (whichever is lower) |
| Currency Options Trading Brokerage
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Rs 75 to Rs 20 |
₹20 per trade or 0.01% (whichever is lower) |
| Commodity Futures Trading Brokerage
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0.008% - 0.05% |
₹20 per trade or 0.01% (whichever is lower) |
| Commodity Options Trading Brokerage
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Brokerage Plan 2
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Anand Rathi |
Upstox |
| Account Type |
Standard Plan |
Upstox Priority |
| Fixed Charges
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NA |
₹0 |
| Equity Delivery Brokerage
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0.5% - 0.15% |
₹0 |
| Equity Intraday Brokerage
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0.05% -0.015% |
₹30 per trade or 0.05% (whichever is lower) |
| Equity Futures Brokerage
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0.05% - 0.015% |
₹30 per trade or 0.05% (whichever is lower) |
| Equity Options Brokerage
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Rs 75 to Rs 20 |
₹30 per trade or 0.05% (whichever is lower) |
| Currency Futures Trading Brokerage
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0.05% - 0.015% |
₹30 per trade or 0.05% (whichever is lower) |
| Currency Options Trading Brokerage
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Rs 75 to Rs 20 |
₹30 per trade or 0.05% (whichever is lower) |
| Commodity Futures Trading Brokerage
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0.008% - 0.05% |
₹30 per trade or 0.05% (whichever is lower) |
| Commodity Options Trading Brokerage
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Other Charges
| Minimum Brokerage Charges
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₹0 |
| Other Brokerage Charges
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| Call & Trade Charges
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₹20 per trade |
Taxes
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Anand Rathi |
Upstox |
| Securities Transaction Tax (STT)
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- Equity Intraday: 0.025% (on Sell trade)
- Equity Delivery: 0.1% (on Buy and Sell)
- Equity Futures: 0.01% (on Sell trade)
- Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
- Currency Futures: Nil
- Currency Options: Nil
- Commodities: 0.01% on sell side (Non-Agri)
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- Equity Intraday: 0.025% (on Sell trade)
- Equity Delivery: 0.1% (on Buy and Sell)
- Equity Futures: 0.01% (on Sell trade)
- Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
- Currency Futures: Nil
- Currency Options: Nil
- Commodities: 0.01% on sell side (Non-Agri)
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| Exchange Transaction Charges
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Check table below |
Check table below |
| SEBI Charges
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Rs 15 per Crore |
Rs 15 per Crore |
| Goods and Services Tax (GST)
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18% on (brokerage + transaction charges) |
18% on (brokerage + transaction charges) |
| Stamp Duty
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Charged as per the state of the client's correspondence address. |
Charged as per the state of the client's correspondence address. |
Transaction Charges
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Anand Rathi |
Upstox |
| Equity Delivery
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₹350 |
NSE ₹325 | BSE ₹275 |
| Equity Intraday
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₹350 |
NSE ₹325 | BSE ₹275 |
| Equity Futures
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NSE ₹410 | BSE ₹210 |
NSE ₹210 |
| Equity Options
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₹7000 |
NSE ₹5500 |
| Currency Futures
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₹350 |
₹150 |
| Currency Options
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₹7000 |
₹6000 |
| Commodity
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₹350 |
MCX ₹260/Cr |
Exposure
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Anand Rathi |
Upstox |
| Equity Delivery
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1x |
| Equity Intraday
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Regular: 15x | Priority Pack: 20x | Regular CO: 20x | Priority Pack CO: 25x |
| Equity Futures
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Regular: 4x | Priority Pack: 4x | Regular CO: 4x | Priority Pack CO: 6x |
| Equity Options
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Regular: 4x | Priority Pack: 4x | Regular CO: 4x | Priority Pack CO: 5x |
| Currency Futures
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Regular: 4x | Priority Pack: 4x | Regular CO: 4x | Priority Pack CO: 5x |
| Currency Options
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Regular: 4x | Priority Pack: 4x | Regular CO: 4x | Priority Pack CO: 5x |
| Commodity
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Regular: 2.5x | Priority Pack: 3x | Regular CO: 3x | Priority Pack CO: 4x |
Share Broker Features
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Anand Rathi |
Upstox |
| 3 in 1 Account
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| Charting
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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 Available
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| Margin Against Shares (Equity Cash)
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| Margin Against Shares (Equity F&O)
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| Trading Platform
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Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola |
| Intraday Square-off Time
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3:15 PM |
| Other Features
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Broker Ratings (Average User Rating)
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Anand Rathi |
Upstox |
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12 Customer Reviews  |
46 Customer Reviews |
| Fees Ratings |
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| Trading Brokerage Rating |
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| Trading Platform Usability |
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| Customer Service Ratings |
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| Overall Ratings |
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| Broker Rating |
Anand Rathi is Rated 3.1 / 5 based on 12 customer reviews |
Upstox is Rated 2.5 / 5 based on 46 customer reviews |
Contact Broker / Request A Call Back
Investment Options Available
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Anand Rathi |
Upstox |
| Stock / Equity
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| Commodity
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| Currency
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| Initial Public Offers (IPO)
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| Mutual Funds
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| Bond / NCD
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| Debt
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| Other Investment Options
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Customer Service Offered
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Anand Rathi |
Upstox |
| 24/7 Customer Service
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| Onine Live Chat
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| Through Branches
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Order Type
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Anand Rathi |
Upstox |
| 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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Research / Tips / Reports Published
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Anand Rathi |
Upstox |
| 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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Suitable for Investor Category
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Anand Rathi |
Upstox |
| Casual Investor
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| Active Investor
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| Trader
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Pros, Cons and Other Review Comments
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Anand Rathi |
Upstox |
| Pros
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- 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.
More Advantages... |
- Upstox basic plan offers brokerage free trading in Equity Delivery segment.
- No brokerage for equity delivery trades.
- Free trading software including mobile and web trading app.
- Advance orders including AMO, CO and BO are available.
- Margin Against Share and Trailing-Stop/Stop-Loss (SL) are available to all.
- AmiBroker connector available for Algo Trading.
- Mutual Funds are available for investment.
- Higher leverage is available under different brokerage plan.
More Advantages... |
| Cons
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- AnandRathi brokerage is high and not negotiable.
- They don't offer 3 in 1 account.
- There are some extra charges for their featured products.
More Disadvantages... |
- No margin funding.
- No equity 'good till cancelled' orders.
- Unlimited monthly plans not available.
- Additional fee for call & trader.
- Additional fee for square off done by the broker.
- Higher demat debit transaction charges.
- Online IPO, FPO, Bonds and NCD's are not available.
- No stock tips or recommendations.
More Disadvantages... |
| Reviews
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Useful articles about Upstox:
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| Promo / Offers
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Get Account Opening Fee Refunded
Get free equity delivery trading (truly no brokerage) and pay flat ₹20 intranet and F&O trade brokerage. In addition get you account opening fees refunded as brokerage cashback. To open an account with Upstox, simply leave your contact information with us and Upstox representatives will call you.
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Enquire about Anand Rathi
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Enquire about Upstox
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Zerodha
Zero Account Opening Fee