ICICIdirect Vs Anand Rathi (Compare ICICIdirect and Anand Rathi)

ICICIdirect Vs Anand Rathi

Incorporated in 2000, ICICIdirect is a Full Service Broker. It offers trading at BSE, NSE. It has 154 branches across India. Incorporated in 1994, Anand Rathi is a Full Service Broker. It offers trading at NSE, BSE, MCX, & NCDEX. It has 1200 branches across India.

	ICICIdirect	Anand Rathi
Type of Broker	Full Service Broker	Full Service Broker
Exchnage Membership	BSE, NSE	NSE, BSE, MCX, & NCDEX
Year of Incorporation	2000	1994
Number of Branches	154	1200
	Open ICICIdirect Account	Open Anand Rathi Account

ICICIdirect Vs Anand Rathi Charges & AMC

ICICIdirect trading account opening charges is Rs 0 (Free) while Anand Rathi account opening changes is Rs 0 (Free). ICICIdirect Demat Account AMC Charges is Rs 300 (from 2nd year) and Anand Rathi Demat Account AMC Charges is Rs 450 (1st year free).

	ICICIdirect	Anand Rathi
Trading Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Trading Account AMC Charges	Rs 0 (Free)	Rs 0 (Free)
Demat Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Demat Account AMC Charges	Rs 300 (from 2nd year)	Rs 450 (1st year free)

ICICIdirect Vs Anand Rathi Brokerage

ICICIdirect brokerage charges for equity is 0.55% and intraday is Rs 20 per order whereas Anand Rathi brokerage charges for equity is 0.30% and intraday is 0.03%.

Account Type	ICICIdirect ICICI Neo Plan	Anand Rathi Standard Plan
Fixed Charges	NA	NA
Equity Delivery	0.55%	0.30%
Equity Intraday	Rs 20 per order	0.03%
Equity Futures	Rs 0 (Free)	0.03%
Equity Options	Rs 20 per order	Rs 50 per lot
Currency Futures	Rs 20 per order	0.03%
Currency Options	Rs 20 per order	Rs 25 per lot
Commodity Futures	Rs 20 per order	0.03%
Commodity Options	Rs 20 per order	Rs 250 per lot
Special Offer	Special Offer: ICICIdirect Neo Plan - Flat Rs 20 per trade brokerage (Intraday and F&O) + Free Account Opening + Get funds in 5 minutes from sell orders + Free trading tips. Open Instant Account Now	Special Offer: Rs 0 Account Opening Charges + FREE Stock Tips & Research + Discount voucher upto Rs 10,000 from Top Brands Request a Callback.

ICICIdirect Vs Anand Rathi Brokerage Plan 2

	ICICIdirect	Anand Rathi
Account Type	I-Secure Plan	Standard Plan
Fixed Charges	NA	NA
Equity Delivery	0.55%	0.30%
Equity Intraday	0.275%	0.03%
Equity Futures	0.05%	0.03%
Equity Options	Rs 95 per lot	Rs 50 per lot
Currency Futures	Rs 20 per order	0.03%
Currency Options	Rs 20 per order	Rs 25 per lot
Commodity Futures	Rs 20 per order	0.03%
Commodity Options	Rs 20 per order	Rs 250 per lot
	Open ICICIdirect Account	Open Anand Rathi Account

ICICIdirect Charges Vs Anand Rathi

Minimum Brokerage	Rs 35 per trade (I-Secure Plan)	Rs 25
Other Charges	Margin Trading Interest: 0.025% Per day
Call & Trade Charges	Rs 50 per trade	Rs 0 (Free)

ICICIdirect Vs Anand Rathi Transaction Charges

ICICIdirect transaction charges for options is Rs 5000 per Cr (0.05%) (on premium) while Anand Rathi exchange transaction charges for options is Rs 7000 per Cr (0.07%).

	ICICIdirect	Anand Rathi
Equity Delivery	NSE Rs 310 per Cr (0.0031%) | BSE Rs 280 per Cr (0.0028%) (each side)	Rs 350 per Cr (0.0035%) (each side)
Equity Intraday	NSE Rs 310 per Cr (0.0031%) | BSE Rs 280 per Cr (0.0028%) (each side)	Rs 350 per Cr (0.0035%) (each side)
Equity Futures	Rs 180 per Cr (0.0018%)	NSE Rs 410 per Cr (0.0041%) | BSE Rs 210 per Cr (0.0021%) (each side)
Equity Options	Rs 5000 per Cr (0.05%) (on premium)	Rs 7000 per Cr (0.07%)
Currency Futures	Rs 120 per Cr (0.0012%)	Rs 350 per Cr (0.0035%)
Currency Options	Rs 5000 per Cr (0.05%) (on premium)	Rs 7000 per Cr (0.07%)
Commodity	Group A - Rs 260 per Cr (0.0026%)	Rs 350 per Cr (0.0035%)
	Open ICICIdirect Account	Open Anand Rathi Account

ICICIdirect Vs Anand Rathi Leverage (Margin)

ICICIdirect margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Anand Rathi margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

	ICICIdirect	Anand Rathi
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 ICICIdirect Account	Open Anand Rathi Account

Compare ICICIdirect and Anand Rathi Features

The trading platforms offered ICICIdirect include ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App. Anand Rathi offers TradeMobi, Trade Xpress+ and Tr@de X’pro trading software.

	ICICIdirect	Anand Rathi
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	ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App	TradeMobi, Trade Xpress+ and Tr@de X’pro
Intraday Square-off Time	3:30 PM	3:15 PM
Trading In SME Shares Allowed?
Referral Program
Other Features	Bullet Trading, Can trade in 32 exchanges through Saxo Trader
	Open ICICIdirect Account	Open Anand Rathi Account

ICICIdirect Vs Anand Rathi Review

ICICIdirect is rated 2.4 of 5 based on 464 customer reviews whereas Anand Rathi is rated 3.1 of 5 based on 16 customer reviews.

	ICICIdirect	Anand Rathi
	464 Customer Reviews	16 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	ICICIdirect is rated 2.4 of 5 based on 464 customer reviews	Anand Rathi is rated 3.1 of 5 based on 16 customer reviews

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ICICIdirect Vs Anand Rathi Investment Options

	ICICIdirect	Anand Rathi
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Equity, Derivatives, Currency, Mutual Funds, ETF, Insurance, FD/Bonds, Loans, Tax, ELocker, NPS

ICICIdirect Vs Anand Rathi Order Type Offered

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

ICICIdirect Vs Anand Rathi Research Report

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

ICICIdirect Vs Anand Rathi Suitable For Investor Type

	ICICIdirect	Anand Rathi
Casual Investor
Active Investor
Trader

ICICIdirect Vs Anand Rathi - Pros and Cons

	ICICIdirect	Anand Rathi
Pros	Offers 3-in-1 account which makes stock market investment very easy for casual investors. Wide range of investment options available under one portal. Provides a low bandwidth website which works well where internet connection is slow. GTC (good till cancellation) and off-market hours order placement facility is very useful.	Pan India presence. Option to trade online through web based and mobile trading platforms. Various financial products under one umbrella viz. Broking products, insurance, portfolio management services, corporate fixed deposits, structured products. Online IPO applicatioan. Loan against Shares and Margin Trading Facility available. Quick and Easy account opening. Research and advisory services.
Cons	ICICI Security charges highest brokerage in comparison to most of the retail brokers in India. Very high 'minimum brokerage' of Rs 35 per trade or 2.5% of the trade value whichever is lower. Poor performance of website is reported in peak hours of trading. Trading Terminal (Trade Racer) cost Rs 75 per month if brokerage paid in a month is less then Rs 750. Demat Account is mandatory. Call & trade cost extra Rs 50 per trade in Neo/Prime Plans.	High and non-negotiable brokerage charges. Do not offer 3 in 1 account. Extra charges for featured products.
Reviews
Promo / Offers	ICICIdirect Special Offer ICICIdirect Neo Plan (Discount Brokerage) Open a 3-in-1 account with Neo Plan for: Free Account Opening Brokerage-Free Equity Futures trading Flat Rs. 20 per trade brokerage in Options, Currency F&O and Commodity futures in BSE, NSE and MCX Free trading tips Get funds in your bank account in just 5 minutes of selling stocks Interested in opening a trading account? Open Instant Account Now	Anand Rathi Special Offer Rs 0 Account Opening (for a limited time only) Get FREE Account Opening. FREE Research courage across all segments. Discount voucher upto Rs 10,000 from Top Brands. This is a limited-time offer. Simply leave your contact information with us and Anand Rathi representatives will contact you.
	Open ICICIdirect Account	Open Anand Rathi Account