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Sharekhan Vs Anand Rathi Share Broker Comparison

The side-by-side comparison of Sharekhan and Anand Rathi stock brokers in India. The comparison below highlights the similarities and differences between Sharekhan and Anand Rathi's brokerage, customer service, maintenance fees, tools and investment options provided to India Stock Market investors. If you are confused in choosing the best broking site, this page is to help you find which is the best broker among Sharekhan and Anand Rathi.

  Sharekhan Anand Rathi
 
Sharekhan Logo Anand Rathi Logo
About the Broker Incorporated in February 2000, Sharekhan is India's 3rd largest stock broker (after ICICI Direct and HDFC Securities). Sharekhan provides brokerage services through its online trading website Sharekhan.com and 1800 offices which includes branches & f... Know more about Sharekhan Incorporated in 1994, Anand Rathi is Mumbai, India based firm engaged in financial and advisory services which includes wealth management, investment banking, corporate advisory, brokerage & distribution of equities, commodities, mutual funds and ins... Know more about Anand Rathi
Type of Broker Full Service Broker Full Service Broker
Supported Exchnage BSE, NSE, MCX NSE, BSE, MCX, NCDEX & NSEL
Account Type Classic Account Standard Plan
Broker Enquiry Open an Online Trading Account with Sharekhan. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Anand Rathi. Leave your contact info and we will get in touch with you.
Year of Incorporation
Number of Branches
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Stock Broker Fees / Charges

  Sharekhan Anand Rathi
Trading Account Opening Fees ₹0 (Free) Rs 750
Trading Account AMC ₹0 (Free) Rs 0
Demat Account Opening Fees ₹0 (Free) Rs 550
Demat Account AMC ₹400 (Free for 1st year) Rs 299 from second year onward
Demat Account is Mandatory? No No
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Trading Brokerage Charges

Brokerage Plan 1

  Sharekhan Anand Rathi
Account Type Classic Account Standard Plan
Fixed Charges
Equity Delivery Brokerage 0.50% 0.5% - 0.15%
Equity Intraday Brokerage 0.10% 0.05% -0.015%
Equity Futures Brokerage 0.10% 0.05% - 0.015%
Equity Options Brokerage ₹50 per lot Rs 75 to Rs 20
Currency Futures Trading Brokerage 0.10% 0.05% - 0.015%
Currency Options Trading Brokerage ₹30 per lot Rs 75 to Rs 20
Commodity Futures Trading Brokerage 0.03% 0.008% - 0.05%
Commodity Options Trading Brokerage 0.03%

Brokerage Plan 2

  Sharekhan Anand Rathi
Account Type Prepaid - ₹1 Lakh Standard Plan
Fixed Charges ₹1,00,000 per year NA
Equity Delivery Brokerage 0.10% 0.5% - 0.15%
Equity Intraday Brokerage 0.015% 0.05% -0.015%
Equity Futures Brokerage 0.015% 0.05% - 0.015%
Equity Options Brokerage 0.05% or ₹63 per lot Rs 75 to Rs 20
Currency Futures Trading Brokerage 0.05% - 0.015%
Currency Options Trading Brokerage Rs 75 to Rs 20
Commodity Futures Trading Brokerage 0.008% - 0.05%
Commodity Options Trading Brokerage

Brokerage Plan 3

  Sharekhan Anand Rathi
Account Type Margin - ₹1 Lakh Standard Plan
Fixed Charges ₹1,00,000 margin NA
Equity Delivery Brokerage 0.25% 0.5% - 0.15%
Equity Intraday Brokerage 0.05% 0.05% -0.015%
Equity Futures Brokerage 0.05% 0.05% - 0.015%
Equity Options Brokerage 1% or ₹70 per lot Rs 75 to Rs 20
Currency Futures Trading Brokerage 0.05% - 0.015%
Currency Options Trading Brokerage Rs 75 to Rs 20
Commodity Futures Trading Brokerage 0.008% - 0.05%
Commodity Options Trading Brokerage

Other Charges

Minimum Brokerage Charges Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future ₹0.001 per share
Other Brokerage Charges
Call & Trade Charges Rs 20
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Taxes

  Sharekhan Anand Rathi
Securities Transaction Tax (STT)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Currency Futures: Nil
  • Currency Options: Nil
  • Commodities: 0.01% on sell side (Non-Agri)
  • Equity Intraday: 0.025% (on Sell trade)
  • Equity Delivery: 0.1% (on Buy and Sell)
  • Equity Futures: 0.01% (on Sell trade)
  • Equity Options: 0.05% (on Sell trade premium) or 0.125% (on excersied options)
  • Currency Futures: Nil
  • Currency Options: Nil
  • Commodities: 0.01% on sell side (Non-Agri)
Exchange Transaction Charges Check table below Check table below
SEBI Charges Rs 15 per Crore Rs 15 per Crore
Goods and Services Tax (GST) 18% on (brokerage + transaction charges) 18% on (brokerage + transaction charges)
Stamp Duty Charged as per the state of the client's correspondence address. Charged as per the state of the client's correspondence address.
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Transaction Charges

  Sharekhan Anand Rathi
Equity Delivery NSE ₹325 | BSE ₹275 ₹350
Equity Intraday NSE ₹325 | BSE ₹275 ₹350
Equity Futures NSE ₹190 | BSE ₹50 NSE ₹410 | BSE ₹210
Equity Options NSE ₹5000 | BSE ₹50 ₹7000
Currency Futures NSE ₹135 | MCX ₹130 ₹350
Currency Options NSE ₹4220 | MCX ₹3220 ₹7000
Commodity MCX (Non-Agri) ₹230 | MCX (Agri) ₹95 ₹350
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Exposure

  Sharekhan Anand Rathi
Equity Delivery Upto 5x with 24% interest per year upto 4x
Equity Intraday Upto 10x Upto 10x
Equity Futures 2x Upto 2x
Equity Options Nil Upto 2x for shorting
Currency Futures Nil Upto 2x
Currency Options Nil Upto 2x for shorting
Commodity Upto 2x Upto 2x
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Share Broker Features

  Sharekhan Anand Rathi
3 in 1 Account No No
Charting Yes Yes
Automated Trading No Yes
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes Yes
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform TradeTiger, Sharekhan Mobile Trade X'Press, Trade Lite, Trade Mobi, Trade X'Pro, Trade X'Pro+
Intraday Square-off Time 3:30 PM
Other Features Pattern finder, Class room training
Referral Program
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Broker Ratings (Average User Rating)

  Sharekhan Anand Rathi
  277 Customer Reviews    Rate Sharekhan 12 Customer Reviews    Rate Anand Rathi
Fees Ratings 3.1 3.2
Trading Brokerage Rating 2.9 3.3
Trading Platform Usability 3.7 3.1
Customer Service Ratings 3.4 3.4
Overall Ratings Rated 3.4 stars Rated 3.1 stars
Broker Rating Sharekhan is Rated 3.4 / 5 based on 277 customer reviews Anand Rathi is Rated 3.1 / 5 based on 12 customer reviews
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Contact Broker / Request A Call Back

  Sharekhan Anand Rathi
Contact / Request Call Back
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Investment Options Available

  Sharekhan Anand Rathi
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
Initial Public Offers (IPO) Yes Yes
Mutual Funds Yes Yes
Bond / NCD Yes Yes
Debt Yes Yes
Other Investment Options Loans, NRI Trading
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Customer Service Offered

  Sharekhan Anand Rathi
24/7 Customer Service No No
Onine Live Chat No Yes
Through Branches Yes Yes
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Order Type

  Sharekhan Anand Rathi
Bracket Order Yes No
Cover Order Yes No
Buy Today Sell Tomorrow (BTST) Yes
Sell Today Buy Tomorrow (STBT) No
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) Yes No
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Research / Tips / Reports Published

  Sharekhan Anand Rathi
Daily Market Report Yes Yes
Free Tips Yes Yes
Quarterly Result Analysis Yes Yes
News Alerts Yes Yes
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Suitable for Investor Category

  Sharekhan Anand Rathi
Casual Investor Yes
Active Investor Yes Yes
Trader

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Pros, Cons and Other Review Comments

  Sharekhan Anand Rathi
Pros
  • It has a strong network of over 1950 branches across India.
  • The fund transfer from and to the trading account is free.
  • The share transfer from and to the DP account is free when trading from Sharekhan trading account.
  • The 'TradeTiger' is the most popular trading terminal in India.
  • Brokerage Plan "Prepaid AMC schemes" are available for high volume traders.
  • Stock SIP is available.
  • Loan against shares, margin funding, ipo financing and ESOP funding is available.

More Advantages...

  1. They have 200 branches for extensive reach.
  2. call & trade is also available.
  3. Investment online in IPOs, Mutual Funds, GOI Bonds all from one website. General Insurance is also available.
  4. Trading is available in both BSE and NSE.
  5. Low bandwidth website is available for slow internet connection or for trading from mobile devices.

More Advantages...

Cons
  • Sharekhan doesn't offer 3-in-1 account as it doesn't offer banking services.
  • Sharekhan brokerage is high in comparison to the discount brokers.
  • Sharekhan charges ₹400 as AMC for trading account in addition to ₹400 for demat account.

More Disadvantages...

  1. AnandRathi brokerage is high and not negotiable.
  2. They don't offer 3 in 1 account.
  3. There are some extra charges for their featured products.

More Disadvantages...

Reviews
Promo / Offers

Free Trading & Demat Account (for limited time only)

Sharekhan offers FREE Trading + Demat Account (₹1150 waived). You can also avail of attractive trading plans that suit your needs by just paying the AMC charges that are fully adjustable against brokerage. Thereby saving up to 70% on brokerage.

This is a limited time offer. Simply leave your contact information with us and Sharekhan representatives will contact you.

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