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.
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Sharekhan |
Anand Rathi |
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| 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...  |
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... |
Type of Broker
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Full Service Broker |
Full Service Broker |
| Supported Exchnage
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BSE, NSE, MSEI, MCX |
NSE, BSE, MCX, NCDEX & NSEL |
| Account Type
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Classic Account |
Standard Plan |
| Broker Enquiry |
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Stock Broker Fees / Charges
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Sharekhan |
Anand Rathi |
| Trading Account Opening Fees
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₹0 (Free) |
Rs 750 |
| Trading Account AMC
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₹0 (Free) |
Rs 0 |
| Demat Account Opening Fees
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₹0 (Free) |
Rs 0 |
| Demat Account AMC
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₹400 (Free for 1st year) |
Rs 299 |
| Demat Account is Mandatory?
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No |
No |
Trading Brokerage Charges
Brokerage Plan 1
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Sharekhan |
Anand Rathi |
| Account Type |
Classic Account |
Standard Plan |
| Fixed Charges
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| Equity Delivery Brokerage
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0.50% |
0.5% - 0.15% |
| Equity Intraday Brokerage
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0.10% |
0.05% -0.015% |
| Equity Futures Brokerage
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0.10% |
0.05% - 0.015% |
| Equity Options Brokerage
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₹100 per lot |
Rs 75 to Rs 20 |
| Currency Futures Trading Brokerage
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0.10% |
0.05% - 0.015% |
| Currency Options Trading Brokerage
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₹30 per lot |
Rs 75 to Rs 20 |
| Commodity Futures Trading Brokerage
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0.10% |
0.008% - 0.05% |
| Commodity Options Trading Brokerage
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Brokerage Plan 2
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Sharekhan |
Anand Rathi |
| Account Type |
Prepaid - ₹1 Lakh |
Standard Plan |
| Fixed Charges
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₹1,00,000 per year |
NA |
| Equity Delivery Brokerage
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0.10% |
0.5% - 0.15% |
| Equity Intraday Brokerage
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0.015% |
0.05% -0.015% |
| Equity Futures Brokerage
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0.015% |
0.05% - 0.015% |
| Equity Options Brokerage
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0.05% or ₹63 per lot |
Rs 75 to Rs 20 |
| Currency Futures Trading Brokerage
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0.05% - 0.015% |
| Currency Options Trading Brokerage
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Rs 75 to Rs 20 |
| Commodity Futures Trading Brokerage
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0.008% - 0.05% |
| Commodity Options Trading Brokerage
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Brokerage Plan 3
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Sharekhan |
Anand Rathi |
| Account Type |
Margin - ₹1 Lakh |
Standard Plan |
| Fixed Charges
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₹1,00,000 margin |
NA |
| Equity Delivery Brokerage
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0.25% |
0.5% - 0.15% |
| Equity Intraday Brokerage
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0.05% |
0.05% -0.015% |
| Equity Futures Brokerage
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0.05% |
0.05% - 0.015% |
| Equity Options Brokerage
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1% or ₹70 per lot |
Rs 75 to Rs 20 |
| Currency Futures Trading Brokerage
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0.05% - 0.015% |
| Currency Options Trading Brokerage
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Rs 75 to Rs 20 |
| Commodity Futures Trading Brokerage
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0.008% - 0.05% |
| Commodity Options Trading Brokerage
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Other Charges
| Minimum Brokerage Charges
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Intraday: 5 paisa per share | Delivery: 10 paisa per share | Future ₹0.001 per share |
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| Other Brokerage Charges
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| Call & Trade Charges
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Taxes
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Sharekhan |
Anand Rathi |
| Securities Transaction Tax (STT)
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- 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)
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- 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)
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| Exchange Transaction Charges
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Check table below |
Check table below |
| SEBI Charges
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Rs 15 per Crore |
Rs 15 per Crore |
| Goods and Services Tax (GST)
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18% on (brokerage + transaction charges) |
18% on (brokerage + transaction charges) |
| Stamp Duty
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Charged as per the state of the client's correspondence address. |
Charged as per the state of the client's correspondence address. |
Transaction Charges
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Sharekhan |
Anand Rathi |
| Equity Delivery
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NSE ₹325 | BSE ₹275 |
₹350 |
| Equity Intraday
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NSE ₹325 | BSE ₹275 |
₹350 |
| Equity Futures
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NSE ₹190 | BSE ₹50 |
NSE ₹410 | BSE ₹210 |
| Equity Options
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NSE ₹5000 | BSE ₹50 |
₹7000 |
| Currency Futures
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NSE ₹135 | MCX ₹130 |
₹350 |
| Currency Options
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NSE ₹4220 | MCX ₹3220 |
₹7000 |
| Commodity
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MCX (Non-Agri) ₹230 | MCX (Agri) ₹95 |
₹350 |
Exposure
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Sharekhan |
Anand Rathi |
| Equity Delivery
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6.67x for A group stock | 5x to 2.5x for B group stock |
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| Equity Intraday
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10x for A & B group stock |
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| Equity Futures
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66.67x for Indices futures | 40x to 22.5x for stock futures |
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| Equity Options
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0x |
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| Currency Futures
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| Currency Options
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| Commodity
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Share Broker Features
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Sharekhan |
Anand Rathi |
| 3 in 1 Account
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| Charting
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| Automated Trading
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| SMS Alerts
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| Online Demo
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| Online Portfolio
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| Margin Trading Funding Available
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| Margin Against Shares (Equity Cash)
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| Margin Against Shares (Equity F&O)
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| Trading Platform
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TradeTiger |
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| Intraday Square-off Time
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3:30 PM |
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| Other Features
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Broker Ratings (Average User Rating)
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Sharekhan |
Anand Rathi |
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274 Customer Reviews  |
12 Customer Reviews |
| Fees Ratings |
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| Trading Brokerage Rating |
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| Trading Platform Usability |
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| Customer Service Ratings |
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| Overall Ratings |
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| Broker Rating |
Sharekhan is Rated 3.3 / 5 based on 274 customer reviews |
Anand Rathi is Rated 3.1 / 5 based on 12 customer reviews |
Contact Broker / Request A Call Back
Investment Options Available
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Sharekhan |
Anand Rathi |
| Stock / Equity
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| Commodity
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| Currency
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| Initial Public Offers (IPO)
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| Mutual Funds
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| Bond / NCD
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| Debt
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| Other Investment Options
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Loans, NRI Trading |
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Customer Service Offered
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Sharekhan |
Anand Rathi |
| 24/7 Customer Service
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| Onine Live Chat
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| Through Branches
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Order Type
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Sharekhan |
Anand Rathi |
| Bracket Order
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| Cover Order
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| Buy Today Sell Tomorrow (BTST)
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| Sell Today Buy Tomorrow (STBT)
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| After Market Order(AMO)
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| Good Till Cancelled (GTC)
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Research / Tips / Reports Published
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Sharekhan |
Anand Rathi |
| Daily Market Report
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| Free Tips
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| Quarterly Result Analysis
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| News Alerts
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Suitable for Investor Category
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Sharekhan |
Anand Rathi |
| Casual Investor
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| Active Investor
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| Trader
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Pros, Cons and Other Review Comments
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Sharekhan |
Anand Rathi |
| Pros
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- 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... |
- 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.
More Advantages... |
| Cons
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- 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... |
- AnandRathi brokerage is high and not negotiable.
- They don't offer 3 in 1 account.
- There are some extra charges for their featured products.
More Disadvantages... |
| Reviews
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| Promo / Offers
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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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Enquire about Sharekhan
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Enquire about Anand Rathi
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Zerodha
Zero Account Opening Fee