ICICI Direct Vs Anand Rathi (Compare ICICI Direct and Anand Rathi)

ICICI Direct Vs Anand Rathi

Incorporated in 2000, ICICI Direct 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 & NSEL. It has 1200 branches across India.

	ICICI Direct	Anand Rathi
Type of Broker	Full Service Broker	Full Service Broker
Supported Exchnages	BSE, NSE	NSE, BSE, MCX, NCDEX & NSEL
Account Type	3-in-1 Account (I-Secure Plan)	Standard Plan
Year of Incorporation	2000	1994
Number of Branches	154	1200
Broker Enquiry
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ICICI Direct Vs Anand Rathi Charges & AMC

ICICI Direct trading account opening charges is ₹0 while Anand Rathi account opening changes is ₹750. ICICI Direct Demat Account AMC Charges is ₹700 (from 2nd year) and Anand Rathi Demat Account AMC Charges is ₹299 from second year onward.

	ICICI Direct	Anand Rathi
Trading Account Opening Charges	₹0	₹750
Trading Account AMC Charges	₹0	₹0
Demat Account Opening Charges	₹0	₹550
Demat Account AMC Charges	₹700 (from 2nd year)	₹299 from second year onward

ICICI Direct Vs Anand Rathi Brokerage

ICICI Direct brokerage charges for equity is 0.55% and intraday is 0.275% whereas Anand Rathi brokerage charges for equity is 0.5% - 0.15% and intraday is 0.05% -0.015%.

	ICICI Direct	Anand Rathi
Account Type	3-in-1 Account (I-Secure Plan)	Standard Plan
Fixed Charges		NA
Equity Delivery Brokerage	0.55%	0.5% - 0.15%
Equity Intraday Brokerage	0.275%	0.05% -0.015%
Equity Futures Brokerage	0.05% to 0.03%	0.05% - 0.015%
Equity Options Brokerage	₹95 to ₹35 per lot	₹75 to ₹20
Currency Futures Trading Brokerage	0.050% to 0.030%	0.05% - 0.015%
Currency Options Trading Brokerage	₹25 to ₹10 per lot	₹75 to ₹20
Commodity Futures Trading Brokerage	NA	0.008% - 0.05%
Commodity Options Trading Brokerage	NA
Special Offer	Special Offer: Get ICICI Direct 3-in-1 account, an integrated trading + demat + bank account for one-click investment in stock market and mutual funds. Request a Callback.

ICICI Direct Vs Anand Rathi Brokerage Plan 2

	ICICI Direct	Anand Rathi
Account Type	I-Saver Plan	Standard Plan
Fixed Charges		NA
Equity Delivery Brokerage	0.75% to 0.25%	0.5% - 0.15%
Equity Intraday Brokerage	0.75% to 0.25%	0.05% -0.015%
Equity Futures Brokerage	0.05% to 0.03%	0.05% - 0.015%
Equity Options Brokerage	₹95 to ₹65 per lot	₹75 to ₹20
Currency Futures Trading Brokerage	0.05% to 0.03%	0.05% - 0.015%
Currency Options Trading Brokerage	0.25 to ₹65 per lot	₹75 to ₹20
Commodity Futures Trading Brokerage	NA	0.008% - 0.05%
Commodity Options Trading Brokerage	NA
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ICICI Direct Vs Anand Rathi Brokerage Plan 3

	ICICI Direct	Anand Rathi
Account Type	ICICIdirect Prime Plan	Standard Plan
Fixed Charges	₹900	NA
Equity Delivery Brokerage	0.25%	0.5% - 0.15%
Equity Intraday Brokerage	0.25%	0.05% -0.015%
Equity Futures Brokerage	0.025%	0.05% - 0.015%
Equity Options Brokerage	₹35	₹75 to ₹20
Currency Futures Trading Brokerage	₹0	0.05% - 0.015%
Currency Options Trading Brokerage	₹0	₹75 to ₹20
Commodity Futures Trading Brokerage	NA	0.008% - 0.05%
Commodity Options Trading Brokerage	NA
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ICICI Direct Charges Vs Anand Rathi

Minimum Brokerage Charges	₹35 per trade
Other Brokerage Charges
Call & Trade Charges	₹25 per call after first 20 free calls per month

ICICI Direct Vs Anand Rathi Transaction Charges

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

	ICICI Direct	Anand Rathi
Equity Delivery	NSE ₹310 per Cr (0.0031%) | BSE ₹280 per Cr (0.0028%) (each side)	NSE ₹350 per Cr (0.0035%) | BSE ₹350 per Cr (0.0035%) (each side)
Equity Intraday	NSE ₹310 per Cr (0.0031%) | BSE ₹280 per Cr (0.0028%) (each side)	NSE ₹350 per Cr (0.0035%) | BSE ₹350 per Cr (0.0035%) (each side)
Equity Futures	₹180 per Cr (0.0018%)	NSE ₹410 per Cr (0.0041%) | BSE ₹210 per Cr (0.0021%) (each side)
Equity Options	₹5000 per Cr (0.05%) (on premium)	₹7000 per Cr (0.07%)
Currency Futures	₹120 per Cr (0.0012%)	₹350 per Cr (0.0035%)
Currency Options	₹5000 per Cr (0.05%) (on premium)	₹7000 per Cr (0.07%)
Commodity	NA	₹350 per Cr (0.0035%)
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ICICI Direct Vs Anand Rathi Leverage (Margin)

ICICI Direct provides the margin of Upto 25x for intraday trades whereas the Anand Rathi margin for intraday cash is Upto 10x.

	ICICI Direct	Anand Rathi
Equity Delivery	5x with Interest	upto 4x
Equity Intraday	Upto 25x	Upto 10x
Equity Futures	4x	Upto 2x
Equity Options	2x for shorting	Upto 2x for shorting
Currency Futures	NA	Upto 2x
Currency Options	NA	Upto 2x for shorting
Commodity Futures	NA	Upto 2x
Commodity Options
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Compare ICICI Direct and Anand Rathi Features

The trading platforms offered ICICI Direct include ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App. Anand Rathi offers Trade X trading software.

	ICICI Direct	Anand Rathi
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	ICICIdirect.com (website), Trade Racer, ICICIDirect Mobile App	Trade X
Intraday Square-off Time	3:30 PM
Other Features	Bullet Trading, Can trade in 32 exchanges through Saxo Trader
Referral Program
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ICICI Direct Vs Anand Rathi Review

ICICI Direct is rated 2.4 of 5 based on 430 customer reviews whereas Anand Rathi is rated 3.2 of 5 based on 13 customer reviews.

	ICICI Direct	Anand Rathi
	430 Customer Reviews	13 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	ICICI Direct is rated 2.4 of 5 based on 430 customer reviews	Anand Rathi is rated 3.2 of 5 based on 13 customer reviews

ICICI Direct Vs Anand Rathi Investment Options

	ICICI Direct	Anand Rathi
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Equity, Derivatives, Currency, Mutual Funds, ETF, Insurance, FD/Bonds, Loans, Tax, ELocker, NPS

ICICI Direct Vs Anand Rathi Order Type Offered

	ICICI Direct	Anand Rathi
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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ICICI Direct Vs Anand Rathi Research Report

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

ICICI Direct Vs Anand Rathi Suitable For Investor Type

	ICICI Direct	Anand Rathi
Casual Investor
Active Investor
Trader

ICICI Direct Vs Anand Rathi - Pros and Cons

	ICICI Direct	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.	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.
Cons	ICICI Security charges highest brokerage in comparison to most of the retail broke₹in India. Very high 'minimum brokerage' of ₹35 per trade or 2.5% of the trade value whichever is lower. Poor performance of website is reported in peak hou₹of trading. Trading Terminal (Trade Racer) cost ₹75 per month if brokerage paid in a month is less then ₹750. Demat Account is mandatory. Commodity trading is not available for retail investors. Call & trade cost extra ₹25 per call after first 20 free calls in a month.	AnandRathi brokerage is high and not negotiable. They don't offer 3 in 1 account. There are some extra charges for their featured products.
Reviews
Promo / Offers	ICICI 3-in-1 Account ICICI Direct offers a 3-in-1 account, a combination of saving bank, trading and demat account. It offers one-click investment in Equity, Derivatives, Mutual Funds, IPO, ETF, Life Insurance, General Insurance, Currency, and Fixed Deposits. Interested in opening a trading account? Request Callback from a stock broker.
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