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
	Enquire ICICI Direct	Enquire Anand Rathi

ICICI Direct Vs Anand Rathi Charges & AMC

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

	ICICI Direct	Anand Rathi
Trading Account Opening Charges	Rs 0	Rs 750
Trading Account AMC Charges	Rs 0	Rs 0
Demat Account Opening Charges	Rs 0	Rs 550
Demat Account AMC Charges	Rs 700 (from 2nd year)	Rs 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	Rs 95 to Rs 35 per lot	Rs 75 to Rs 20
Currency Futures Trading Brokerage	0.050% to 0.030%	0.05% - 0.015%
Currency Options Trading Brokerage	Rs 25 to Rs 10 per lot	Rs 75 to Rs 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	Rs 95 to Rs 65 per lot	Rs 75 to Rs 20
Currency Futures Trading Brokerage	0.05% to 0.03%	0.05% - 0.015%
Currency Options Trading Brokerage	0.25 to Rs 65 per lot	Rs 75 to Rs 20
Commodity Futures Trading Brokerage	NA	0.008% - 0.05%
Commodity Options Trading Brokerage	NA
	Enquire ICICI Direct	Enquire Anand Rathi

ICICI Direct Vs Anand Rathi Brokerage Plan 3

	ICICI Direct	Anand Rathi
Account Type	ICICIdirect Prime Plan	Standard Plan
Fixed Charges	Rs 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	Rs 35	Rs 75 to Rs 20
Currency Futures Trading Brokerage	Rs 0	0.05% - 0.015%
Currency Options Trading Brokerage	Rs 0	Rs 75 to Rs 20
Commodity Futures Trading Brokerage	NA	0.008% - 0.05%
Commodity Options Trading Brokerage	NA
	Enquire ICICI Direct	Enquire Anand Rathi

ICICI Direct Charges Vs Anand Rathi

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

ICICI Direct Vs Anand Rathi Transaction Charges

ICICI Direct 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%).

	ICICI Direct	Anand Rathi
Equity Delivery	NSE Rs 310 per Cr (0.0031%) | BSE Rs 280 per Cr (0.0028%) (each side)	NSE Rs 350 per Cr (0.0035%) | BSE 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)	NSE Rs 350 per Cr (0.0035%) | BSE 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	NA	Rs 350 per Cr (0.0035%)
	Enquire ICICI Direct	Enquire Anand Rathi

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
	Enquire ICICI Direct	Enquire Anand Rathi

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
	Enquire ICICI Direct	Enquire Anand Rathi

ICICI Direct Vs Anand Rathi Review

ICICI Direct is rated 2.4 of 5 based on 436 customer reviews whereas Anand Rathi is rated 3.2 of 5 based on 13 customer reviews.

	ICICI Direct	Anand Rathi
	436 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 436 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)
	Enquire ICICI Direct	Enquire Anand Rathi

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 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. Commodity trading is not available for retail investors. Call & trade cost extra Rs 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.
	Enquire ICICI Direct	Enquire Anand Rathi