Compare Brokers Articles Complaints Compare Side-by-Side About Brokers

Zerodha Vs Anand Rathi Share Broker Comparison

The side-by-side comparison of Zerodha and Anand Rathi stock brokers in India. The comparison below highlights the similarities and differences between Zerodha 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 Zerodha and Anand Rathi.

	Zerodha	Anand Rathi
	Zerodha Review FAQs Brokerage Demat Acct Mobile App Account Opening Branches IPO	Anand Rathi Review FAQs Brokerage Demat Acct Mobile App Account Opening Branches IPO

About the Broker	Zerodha is a Bangalore, India based Flat Fee Share Broker (Also known as Budget Broker / Discount Broker / Pay Per Order Brokerage) for trading in Stock, Commodity and Currency Derivative. It charges brokerage of 0.01% or Rs 20 per executed order, wh...	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	Discount Broker	Full Service Broker
Supported Exchnage	NSE, BSE, MCX and NCDEX	NSE, BSE, MCX, NCDEX & NSEL
Account Type	Standard Plan	Standard Plan
Broker Enquiry

Stock Broker Fees / Charges

	Zerodha	Anand Rathi
Trading Account Opening Fees	₹300	Rs 750
Trading Account AMC	₹0 (Free)	Rs 0
Demat Account Opening Fees	₹100	Rs 0
Demat Account AMC	₹300	Rs 299
Demat Account is Mandatory?	No	No

Trading Brokerage Charges

Brokerage Plan 1

	Zerodha	Anand Rathi
Account Type	Standard Plan	Standard Plan
Fixed Charges
Equity Delivery Brokerage	₹0 (Free)	0.5% - 0.15%
Equity Intraday Brokerage	₹20 per executed order or .01% whichever is lower	0.05% -0.015%
Equity Futures Brokerage	₹20 per executed order or .01% whichever is lower	0.05% - 0.015%
Equity Options Brokerage	₹20 per executed order or .01% whichever is lower	Rs 75 to Rs 20
Currency Futures Trading Brokerage	₹20 per executed order or .01% whichever is lower	0.05% - 0.015%
Currency Options Trading Brokerage	₹20 per executed order or .01% whichever is lower	Rs 75 to Rs 20
Commodity Futures Trading Brokerage	₹20 per executed order or .01% whichever is lower	0.008% - 0.05%
Commodity Options Trading Brokerage

Other Charges

Minimum Brokerage Charges	₹0
Other Brokerage Charges	Physical contact notes: ₹20, Trade SMS Alerts: ₹1 per SMS
Call & Trade Charges	₹20 per executed order

Taxes

	Zerodha	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.

Transaction Charges

	Zerodha	Anand Rathi
Equity Delivery	NSE ₹325 per crore \| BSE ₹1 per trade (each side)	₹350
Equity Intraday	NSE ₹325 per crore \| BSE ₹1 per trade (each side)	₹350
Equity Futures	NSE ₹210 per crore \| BSE ₹1 per trade (each side)	NSE ₹410 \| BSE ₹210
Equity Options	NSE ₹5300 per crore \| BSE ₹1 per trade (each side)	₹7000
Currency Futures	NSE ₹135 per crore (0.00135%)	₹350
Currency Options	NSE ₹4400 (on premium) per crore (0.044%)	₹7000
Commodity	Non-Agri ₹360 (0.0036%) \| Agri ₹275 per Crore	₹350

Exposure

	Zerodha	Anand Rathi
Equity Delivery	1x (no margin)
Equity Intraday	Up to 20x (based on the stock)
Equity Futures	Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Equity Options	Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Futures	Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Currency Options	Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Commodity	Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span

Share Broker Features

	Zerodha	Anand Rathi
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Trading Platform	Kite Web, Kite Android/iOS, Pi, Coin
Intraday Square-off Time	3:10 PM
Other Features	Direct Mutual Funds

Broker Ratings (Average User Rating)

	Zerodha	Anand Rathi
	321 Customer Reviews	12 Customer Reviews
Fees Ratings
Trading Brokerage Rating
Trading Platform Usability
Customer Service Ratings
Overall Ratings
Broker Rating	Zerodha is Rated 3.8 / 5 based on 321 customer reviews	Anand Rathi is Rated 3.1 / 5 based on 12 customer reviews

Contact Broker / Request A Call Back

	Zerodha	Anand Rathi
Contact / Request Call Back	Name Phone Number Email City Name State Are you a day trader?	Name Phone # Email City Name State Are you a day trader?

Investment Options Available

	Zerodha	Anand Rathi
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options

Customer Service Offered

	Zerodha	Anand Rathi
24/7 Customer Service
Onine Live Chat
Through Branches

Order Type

	Zerodha	Anand Rathi
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)

Research / Tips / Reports Published

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

Suitable for Investor Category

	Zerodha	Anand Rathi
Casual Investor
Active Investor
Trader

Pros, Cons and Other Review Comments

	Zerodha	Anand Rathi
Pros	Free equity delivery trades. No brokerage charges for Cash-N-Carry orders. Excellent trading platforms made available for free to all its customers. Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX). Brokerage is 0.01% or Rs 20 per executed order, whichever is lower for Intraday, F&O and Currency Derivatives. No hidden charges. 10% referral credit for reffering new customers. Direct Mutual Fund Investment is available. Over 7L+ customers and 8% of daily volume at BSE, NSE and MCX. 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	Doesn't provide stock tips, research reports or recommendations. Call & Trade is charged at extra Rs 20 order. Doesn't provide options to invest in IPO, Bond and NCD's public offers. Margin funding is not available. GTC/GTD not available in Equity. 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	Useful Articles about Zerodha: Frequent Asked Questions about Zerodha The cost of share trading with Zerodha Flat Fee Stock Trading Broker in India Zerodha Fund Transfer (Deposit & Withdrawal) RKSV Vs Zerodha - Comparison of Brokerage Charges, Fees and Taxes
Promo / Offers	Truly free equity delivery trading Get free equity delivery trading (truly no brokerage) and pay flat ₹20 intranet and F&O trade brokerage. To open an account with Zerodha, simply leave your contact information with us and Zerodha representatives will call you.
	Enquire about Zerodha	Enquire about Anand Rathi
Compare More Brokers	Zerodha Vs ICICIDirect Zerodha Vs HDFC Securities Zerodha Vs Kotak Securities Zerodha Vs AxisDirect Zerodha Vs SBI Securities Zerodha Vs Sharekhan Zerodha Vs Angel Broking Zerodha Vs India Infoline (IIFL) Zerodha Vs Ventura Zerodha Vs Motilal Oswal Zerodha Vs Karvy Zerodha Vs Geojit Zerodha Vs Religare Zerodha Vs Reliance Securities Zerodha Vs Nirmal Bang Zerodha Vs SMC Global Zerodha Vs Edelweiss Zerodha Vs ProStocks Zerodha Vs 5paisa Zerodha Vs Trade Smart Online Zerodha Vs Upstox Zerodha Vs SAMCO Zerodha Vs Fyers Zerodha Vs TradingBells Zerodha Vs Tradeplus Zerodha Vs Beeline Zerodha Vs Finvasia Zerodha Vs Bonanza Zerodha Vs SAS Online Zerodha Vs MyValueTrade Zerodha Vs Tradejini Zerodha Vs Wisdom Capital Zerodha Vs Achiievers Equities Zerodha Vs RKSV Zerodha Vs IDBI Paisabuilder Zerodha Vs Indiabulls Zerodha Vs Aditya Birla Money Zerodha Vs Just Trade Zerodha Vs Alice Blue Zerodha Vs Trustline Zerodha Vs RMoney Zerodha Vs iTradeOnline	Anand Rathi Vs ICICIDirect Anand Rathi Vs HDFC Securities Anand Rathi Vs Kotak Securities Anand Rathi Vs AxisDirect Anand Rathi Vs SBI Securities Anand Rathi Vs Sharekhan Anand Rathi Vs Angel Broking Anand Rathi Vs India Infoline (IIFL) Anand Rathi Vs Ventura Anand Rathi Vs Motilal Oswal Anand Rathi Vs Karvy Anand Rathi Vs Geojit Anand Rathi Vs Religare Anand Rathi Vs Reliance Securities Anand Rathi Vs Nirmal Bang Anand Rathi Vs SMC Global Anand Rathi Vs Edelweiss Anand Rathi Vs ProStocks Anand Rathi Vs 5paisa Anand Rathi Vs Trade Smart Online Anand Rathi Vs Upstox Anand Rathi Vs SAMCO Anand Rathi Vs Fyers Anand Rathi Vs TradingBells Anand Rathi Vs Tradeplus Anand Rathi Vs Beeline Anand Rathi Vs Finvasia Anand Rathi Vs Bonanza Anand Rathi Vs SAS Online Anand Rathi Vs MyValueTrade Anand Rathi Vs Tradejini Anand Rathi Vs Wisdom Capital Anand Rathi Vs Achiievers Equities Anand Rathi Vs RKSV Anand Rathi Vs IDBI Paisabuilder Anand Rathi Vs Indiabulls Anand Rathi Vs Aditya Birla Money Anand Rathi Vs Just Trade Anand Rathi Vs Alice Blue Anand Rathi Vs Trustline Anand Rathi Vs RMoney Anand Rathi Vs iTradeOnline