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IDBI Capital Vs Anand Rathi (Compare IDBI Capital and Anand Rathi)

IDBI Capital Markets and Securities Ltd Logo

About IDBI Capital
Incorporated in December 1993, IDBI Capital Markets and Securities Ltd. (IDBI Capital), is a wholly owned subsidiary of IDBI Bank Ltd. IDBI Capital offers online trading in Equities, F&O, Mutual Funds, and IPOs etc. It also distributes Third Party Products, like Fixed Income Products, Mutual Funds etc., The company is amongst the top 10 MF distributors in India. IDBI Capital offers its online trading services through www.idbidirect.in (previously called IDBI paisa builder). IDBI Capital of... Know more about IDBI Capital Markets and Securities Ltd

Anand Rathi Logo

About Anand Rathi
Incorporated in 1994, Anand Rathi is Mumbai based firm engaged in financial and advisory services that includes wealth management, investment banking, corporate advisory, brokerage & distribution of equities, commodities, mutual funds, and insurance. Anand Rathi is a full-service broker offering brokerage services to retail and institutional customers. Anand Rathi has a presence in India as well as internationally through offices in Dubai. Anand Rathi has a network across 1200+ locations se... Know more about Anand Rathi

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IDBI Capital Vs Anand Rathi

Incorporated in 1993, IDBI Capital is a Full Service Broker. It offers trading at BSE, NSE, NSDL. It has 14 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.

  IDBI Capital Anand Rathi
Type of Broker Full Service Broker Full Service Broker
Exchnage Membership BSE, NSE, NSDL NSE, BSE, MCX, & NCDEX
Year of Incorporation 1993 1994
Number of Branches 14 1200
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IDBI Capital Vs Anand Rathi Charges & AMC

IDBI Capital trading account opening charges is Rs 500 while Anand Rathi account opening changes is Rs 552 (including GST). IDBI Capital Demat Account AMC Charges is Rs 450 and Anand Rathi Demat Account AMC Charges is Rs 450 from second year onward.

  IDBI Capital Anand Rathi
Trading Account Opening Charges Rs 500 Rs 552 (including GST)
Trading Account AMC Charges NIL Rs 0
Demat Account Opening Charges NIL Rs 0
Demat Account AMC Charges Rs 450 Rs 450 from second year onward

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IDBI Capital Vs Anand Rathi Brokerage

IDBI Capital brokerage charges for equity is 0.50% and intraday is 0.05% whereas Anand Rathi brokerage charges for equity is 0.5% - 0.15% and intraday is 0.05% -0.015%.

Account Type IDBI Capital Standard Plan Anand Rathi Standard Plan
Fixed Charges NA
Equity Delivery 0.50% 0.5% - 0.15%
Equity Intraday 0.05% 0.05% -0.015%
Equity Futures 0.05% 0.05% - 0.015%
Equity Options Rs 100 per lot Rs 75 to Rs 20
Currency Futures NA 0.05% - 0.015%
Currency Options NA Rs 75 to Rs 20
Commodity Futures NA 0.008% - 0.05%
Commodity Options NA
Special Offer

Zerodha (Trade with the best stock broker)

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 and start trading today.

Zerodha (Trade with the best stock broker)

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 and start trading today.

IDBI Capital Vs Anand Rathi Brokerage Plan 2

  IDBI Capital Anand Rathi
Account Type Ace Trader Plan Standard Plan
Fixed Charges NA
Equity Delivery 0.10% to 0.50% 0.5% - 0.15%
Equity Intraday 0.020% to 0.050% 0.05% -0.015%
Equity Futures 0.020% to 0.048% 0.05% - 0.015%
Equity Options Rs 100 per lot Rs 75 to Rs 20
Currency Futures 0.05% - 0.015%
Currency Options Rs 75 to Rs 20
Commodity Futures 0.008% - 0.05%
Commodity Options
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IDBI Capital Charges Vs Anand Rathi

Minimum Brokerage Rs 25 per trade or 2.5% of the trade value whichever is lower.
Other Charges
Call & Trade Charges Nil

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IDBI Capital Vs Anand Rathi Transaction Charges

IDBI Capital transaction charges for options is 0.051% on premium while Anand Rathi exchange transaction charges for options is Rs 7000 per Cr (0.07%).

  IDBI Capital Anand Rathi
Equity Delivery 0.00325% NSE Rs 350 per Cr (0.0035%) | BSE Rs 350 per Cr (0.0035%) (each side)
Equity Intraday 0.00325% NSE Rs 350 per Cr (0.0035%) | BSE Rs 350 per Cr (0.0035%) (each side)
Equity Futures 0.0019% NSE Rs 410 per Cr (0.0041%) | BSE Rs 210 per Cr (0.0021%) (each side)
Equity Options 0.051% on premium Rs 7000 per Cr (0.07%)
Currency Futures NA Rs 350 per Cr (0.0035%)
Currency Options NA Rs 7000 per Cr (0.07%)
Commodity NA Rs 350 per Cr (0.0035%)
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IDBI Capital Vs Anand Rathi Leverage (Margin)

IDBI Capital 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.

  IDBI Capital 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)
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Compare IDBI Capital and Anand Rathi Features

The trading platforms offered IDBI Capital include Power Pro, Power Streaming, IDBI Direct. Anand Rathi offers Trade X trading software.

  IDBI Capital Anand Rathi
3 in 1 Account Yes No
Charting Yes Yes
Automated Trading No Yes
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding No Yes
Margin Against Shares (Equity Cash) Yes
Margin Against Shares (Equity F&O) Yes
Trading Platform Power Pro, Power Streaming, IDBI Direct Trade X
Intraday Square-off Time 3:00 PM 3:15 PM
Trading In SME Shares Allowed?
Referral Program
Other Features Morning Report, Equity SIP, Investment Guide
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IDBI Capital Vs Anand Rathi Review

IDBI Capital is rated 2.6 of 5 based on 41 customer reviews whereas Anand Rathi is rated 3.1 of 5 based on 16 customer reviews.

  IDBI Capital Anand Rathi
  41 Customer Reviews    Rate IDBI Capital 16 Customer Reviews    Rate Anand Rathi
Fees 3.2 3.3
Brokerage 2.5 3.3
Trading Platform 2.6 3.1
Customer Service 2.8 3.4
Research Capabilities 2.5 4.0
Overall Ratings Rated 2.6 stars Rated 3.1 stars
Broker Rating IDBI Capital is rated 2.6 of 5 based on 41 customer reviews Anand Rathi is rated 3.1 of 5 based on 16 customer reviews

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Contact Broker / Request A Call Back

  IDBI Capital Enquire Anand Rathi Enquire
Contact Broker 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 and start trading today. 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 and start trading today.

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IDBI Capital Vs Anand Rathi Investment Options

  IDBI Capital Anand Rathi
Stock / Equity Yes Yes
Commodity No Yes
Currency No Yes
IPO Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options

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IDBI Capital Vs Anand Rathi Order Type Offered

  IDBI Capital Anand Rathi
Bracket Order No No
Cover Order No No
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO) No Yes
Good Till Cancelled (GTC) Yes No
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IDBI Capital Vs Anand Rathi Research Report

  IDBI Capital Anand Rathi
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes

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IDBI Capital Vs Anand Rathi Suitable For Investor Type

  IDBI Capital Anand Rathi
Casual Investor Yes
Active Investor Yes
Trader

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IDBI Capital Vs Anand Rathi - Pros and Cons

  IDBI Capital Anand Rathi
Pros - Prepaid plans are available for volume traders.
  1. Pan India presence.
  2. Option to trade online through web based and mobile trading platforms.
  3. Various financial products under one umbrella viz. Broking products, insurance, portfolio management services, corporate fixed deposits, structured products.
  4. Online IPO applicatioan.
  5. Loan against Shares and Margin Trading Facility available.
  6. Quick and Easy account opening.
  7. Research and advisory services.
Cons - Additional charge of Rs 2000 per year for installable trading platform.
  1. High and non-negotiable brokerage charges.
  2. Do not offer 3 in 1 account.
  3. Extra charges for featured products.
Reviews
Promo / Offers

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews

Zerodha (India's Best & No. 1 Broker)

  Special Offer - Free Equity Delivery and Mutual Funds

  • Brokerage-free equity delivery trades.
  • Brokerage-free Direct Mutual Fund.
  • Pay ₹20 per trade for Intraday & F&O.
  • The best trading platform in India.

Open Instant Demat Account Read Reviews
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