Anand Rathi Vs Upstox (Compare Anand Rathi and Upstox)

Anand Rathi Vs Upstox

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 2012, Upstox is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 4 branches across India.

	Anand Rathi	Upstox
Type of Broker	Full Service Broker	Discount Broker
Exchnage Membership	NSE, BSE, MCX, NCDEX & NSEL	BSE, NSE, MCX
Year of Incorporation	1994	2012
Number of Branches	1200	4
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Anand Rathi Vs Upstox Charges & AMC

Anand Rathi trading account opening charges is Rs 552 (including GST) while Upstox account opening changes is Rs 249. Anand Rathi Demat Account AMC Charges is Rs 299 from second year onward and Upstox Demat Account AMC Charges is Rs 300.

	Anand Rathi	Upstox
Trading Account Opening Charges	Rs 552 (including GST)	Rs 249
Trading Account AMC Charges	Rs 0	Rs 0 (Free)
Demat Account Opening Charges	Rs 550	Rs 0 (Free)
Demat Account AMC Charges	Rs 299 from second year onward	Rs 300

Anand Rathi Vs Upstox Brokerage

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

	Anand Rathi	Upstox
Account Type	Standard Plan	Default
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 0.05% whichever is lower
Equity Futures	0.05% - 0.015%	Rs 20 per executed order or 0.05% 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 0.05% 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 0.05% whichever is lower
Commodity Options		Rs 20 per executed order
Special Offer		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 online and start trading today.

Anand Rathi Charges Vs Upstox

Minimum Brokerage		0.05%
Other Charges		Auto Square-off Charges: Rs 50
Call & Trade Charges		Rs 20 per trade

Anand Rathi Vs Upstox Transaction Charges

Anand Rathi transaction charges for options is Rs 7000 per Cr (0.07%) while Upstox exchange transaction charges for options is NSE Rs 5300 per Cr (0.053%) (on premium).

	Anand Rathi	Upstox
Equity Delivery	NSE Rs 350 per Cr (0.0035%) | BSE Rs 350 per Cr (0.0035%) (each side)	NSE Rs 345 per Cr (0.00345%) | 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 345 per Cr (0.00345%) | 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 Rs 200 per Cr (0.002%)
Equity Options	Rs 7000 per Cr (0.07%)	NSE Rs 5300 per Cr (0.053%) (on premium)
Currency Futures	Rs 350 per Cr (0.0035%)	NSE Rs 130 per Cr (0.0013%) | BSE Rs 26 per Cr (0.00026%)
Currency Options	Rs 7000 per Cr (0.07%)	NSE Rs 2900 per Cr (0.029%) | BSE Rs 2600 per Cr (0.026%) (on premium)
Commodity	Rs 350 per Cr (0.0035%)	Group A - Rs 290 per Cr (0.0029%)
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Anand Rathi Vs Upstox 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 Upstox 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	Upstox
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 Upstox Features

The trading platforms offered Anand Rathi include Trade X. Upstox offers Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola trading software.

	Anand Rathi	Upstox
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	Upstox Pro Web, Dartstock, NEST Trader, Fox Trader, iOS and Android Algola
Intraday Square-off Time		3:00 PM
Other Features		Option strategy builder
Referral Program
	Enquire Anand Rathi	Open Upstox Account

Anand Rathi Vs Upstox Review

Anand Rathi is rated 3.1 of 5 based on 14 customer reviews whereas Upstox is rated 2.4 of 5 based on 117 customer reviews.

	Anand Rathi	Upstox
	14 Customer Reviews	117 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	Upstox is rated 2.4 of 5 based on 117 customer reviews

Anand Rathi Vs Upstox Investment Options

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

Anand Rathi Vs Upstox Order Type Offered

	Anand Rathi	Upstox
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 Upstox Research Report

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

Anand Rathi Vs Upstox Suitable For Investor Type

	Anand Rathi	Upstox
Casual Investor
Active Investor
Trader

Anand Rathi Vs Upstox - Pros and Cons

	Anand Rathi	Upstox
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.	Zero account opening fee. Zero brokerage for trading in Equity Delivery (Cash & Carry). Zero brokerage for Mutual Fund and digital gold investment. Flat Rs 20 per trade brokerage for all other segments. Offer direct mutual funds. Free trading software for mobile and web browsers. One app for trading in equity, currency, and commodity. Margin Against Share is available Online IPO, FPO, Bonds, and NCD's are available.
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.	No margin funding. It does not offer the 'Good Till Canceled (GTC) order type. It does not offer BTST facility. Unlimited monthly plans not available. No stock tips or recommendations. It charges an additional fee for call & trade. It charges an additional fee of Rs 50 for auto-square-off done by the broker. Higher demat debit transaction charges. Upstox doesn't offer NRI Trading and Demat Account. Intraday square-off at 3 PM. Most other brokers do it at 3:15 PM.
Reviews
Promo / Offers		Free Equity Delivery Trading & Mutual Funds Pay Rs 0 Brokerage for Equity Delivery, Mutual Funds, and Digital Gold. Pay flat Rs 20 for Intra-day and F&O Trades. Trade with the best trading platform. It is a limited-time offer. Open Instant Account online and start trading the same day.
	Enquire Anand Rathi	Open Upstox Account