Zerodha Vs Anand Rathi (Compare Zerodha and Anand Rathi)
The side-by-side comparison of Zerodha and Anand Rathi. Compare Zerodha Vs Anand Rathi brokerage, charges, exposure margin, demat account. Read Anand Rathi and Zerodha review.
Find out Zerodha Vs Anand Rathi which is better and Zerodha Vs Anand Rathi which is best.
Our Zerodha comparison with Anand Rathi highlights the major differences between two brokers. Find the best between Zerodha and Anand Rathi.
Zerodha Vs Anand Rathi
Zerodha
Anand Rathi
Find more info about broker
About the Broker
Zerodha is a Bangalore, India based Flat Fee Share Broker (Also known as Budget Broker / Discount Broker / Pay Per Order Brokerage Company) for trading in Stock, Commodity and Currency Derivative. It charges a brokerage of 0.01% or ₹20 per executed o...
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
Flat Brokerage Plan
Standard Plan
Broker Enquiry
Year of Incorporation
2010
1994
Number of Branches
22
1200
Enquire Zerodha
Enquire Anand Rathi
Zerodha Vs Anand Rathi Charges
Zerodha
Anand Rathi
Trading Account Opening Fees
₹200
₹750
Trading Account AMC
₹0 (Free)
₹0
Demat Account Opening Fees
₹0
₹550
Demat Account AMC
₹300
₹299 from second year onward
Demat Account is Mandatory?
No
No
Zerodha Vs Anand Rathi Brokerage
Other Charges
Minimum Brokerage Charges
₹0
Other Brokerage Charges
Physical contact notes: ₹20, Trade SMS Alerts: ₹1 per SMS
Call & Trade Charges
₹50 per executed order
Zerodha Vs Anand Rathi 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)
Exchange Transaction Charges
Check table below
SEBI Charges
Rs 15 per Crore
Goods and Services Tax (GST)
18% on (brokerage + transaction charges)
Stamp Duty
Charged as per the state of the client's correspondence address.
Zerodha Vs Anand Rathi Transaction Charges
Zerodha
Anand Rathi
Equity Delivery
NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side)
NSE ₹350 per Cr (0.0035%) | BSE ₹350 per Cr (0.0035%) (each side)
Equity Intraday
NSE ₹325 per Cr (0.00325%) | BSE ₹300 per Cr (0.003%) (each side)
NSE ₹350 per Cr (0.0035%) | BSE ₹350 per Cr (0.0035%) (each side)
Equity Futures
NSE ₹190 per Cr (0.0019%)
NSE ₹410 per Cr (0.0041%) | BSE ₹210 per Cr (0.0021%) (each side)
Equity Options
NSE ₹5000 per Cr (0.05%)
₹7000 per Cr (0.07%)
Currency Futures
NSE ₹90 per Cr (0.0009%) | BSE ₹22 per Cr (0.00022%)
₹350 per Cr (0.0035%)
Currency Options
NSE ₹70 per Cr (0.0007%) | BSE ₹100 per Cr (0.001%) (on premium)
₹7000 per Cr (0.07%)
Commodity
Group A - ₹260 per Cr (0.0026%)
₹350 per Cr (0.0035%)
Zerodha Vs Anand Rathi Exposure Margin
Zerodha
Anand Rathi
Equity Delivery
1x (no margin)
upto 4x
Equity Intraday
Up to 20x (based on the stock)
Upto 10x
Equity Futures
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Upto 2x
Equity Options
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Upto 2x for shorting
Currency Futures
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Upto 2x
Currency Options
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure)
Upto 2x for shorting
Commodity Futures
Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span
Upto 2x
Commodity Options
Zerodha and Anand Rathi Feature Comparison
Zerodha
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
Kite Web, Kite Android/iOS, Pi, Coin, Kite mobile
Trade X
Intraday Square-off Time
3:10 PM
Other Features
Direct Mutual Funds, APIs
Referral Program
Zerodha Vs Anand Rathi Review
Zerodha
Anand Rathi
369 Customer Reviews
12 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating
Zerodha is Rated 3.7 / 5 based on 369 customer reviews Anand Rathi is Rated 3.1 / 5 based on 12 customer reviews
Zerodha Vs Anand Rathi Investment Options
Zerodha
Anand Rathi
Stock / Equity
Commodity
Currency
Initial Public Offers (IPO)
Mutual Funds
Bond / NCD
Debt
Other Investment Options
Zerodha Vs Anand Rathi Customer Service
Zerodha
Anand Rathi
24/7 Customer Service
Onine Live Chat
Through Branches
Zerodha Vs Anand Rathi Order Type Offered
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)
Zerodha Vs Anand Rathi Research Report
Zerodha
Anand Rathi
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts
Zerodha Vs Anand Rathi Suitable For Investor Type
Zerodha
Anand Rathi
Casual Investor
Active Investor
Trader
Zerodha Vs Anand Rathi - Advantages and Disadvantages
Zerodha
Anand Rathi
Pros
Free equity delivery trades. No brokerage charges for Cash-N-Carry orders.
Excellent trading platforms (Kite) available for free.
Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX).
Brokerage is 0.01% or ₹20 per executed order, whichever is lower for Intraday, F&O and Currency Derivatives. No hidden charges.
Direct Mutual Fund Investment is available.
Over 10 lakha+ active customers and 10% of daily volume at BSE, NSE and MCX.
Zerodha Referral Program offers 10% broekrage share to clients you refer.
Good Till Triggered (GTT) order are available. These are simillar to GTC orders.
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 ₹50 order.
Auto Square off is charged at extra ₹50 order.
Doesn't offer 3-in-1 account.
Doesn't offer unlimited trading plans.
Doesn't offer AMC Free 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
Promo / Offers
Free Equity Delivery Trading Get free equity delivery trading (truly no brokerage) and pay flat ₹20 brokerage for Intraday and F&O trades. To open an account with Zerodha, simply leave your contact information with us and Zerodha representatives will call you.
Zerodha
Zero Account Opening Fee