Zerodha Vs Anand Rathi (Compare Zerodha and Anand Rathi)

Zerodha Vs Anand Rathi

Incorporated in 2010, Zerodha is a Discount Broker. It offers trading at NSE, BSE, MCX and NCDEX. It has 22 branches across India. Incorporated in 1994, Anand Rathi is a Full Service Broker. It offers trading at NSE, BSE, MCX, NCDEX & NSEL. It has 1200 branches across India.

	Zerodha	Anand Rathi
Type of Broker	Discount Broker	Full Service Broker
Supported Exchnages	NSE, BSE, MCX and NCDEX	NSE, BSE, MCX, NCDEX & NSEL
Account Type	Flat Brokerage Plan	Standard Plan
Year of Incorporation	2010	1994
Number of Branches	22	1200
Broker Enquiry
	Enquire Zerodha	Enquire Anand Rathi

Zerodha Vs Anand Rathi Charges & AMC

Zerodha trading account opening charges is Rs 200 while Anand Rathi account opening changes is Rs 750. Zerodha Demat Account AMC Charges is Rs 300 and Anand Rathi Demat Account AMC Charges is Rs 299 from second year onward.

	Zerodha	Anand Rathi
Trading Account Opening Charges	Rs 200	Rs 750
Trading Account AMC Charges	Rs 0 (Free)	Rs 0
Demat Account Opening Charges	Rs 0	Rs 550
Demat Account AMC Charges	Rs 300	Rs 299 from second year onward

Zerodha Vs Anand Rathi Brokerage

Zerodha brokerage charges for equity is Rs 0 (Free) and intraday is Rs 20 per executed order or .03% whichever is lower whereas Anand Rathi brokerage charges for equity is 0.5% - 0.15% and intraday is 0.05% -0.015%.

	Zerodha	Anand Rathi
Account Type	Flat Brokerage Plan	Standard Plan
Fixed Charges		NA
Equity Delivery Brokerage	Rs 0 (Free)	0.5% - 0.15%
Equity Intraday Brokerage	Rs 20 per executed order or .03% whichever is lower	0.05% -0.015%
Equity Futures Brokerage	Rs 20 per executed order or .03% whichever is lower	0.05% - 0.015%
Equity Options Brokerage	Rs 20 per executed order	Rs 75 to Rs 20
Currency Futures Trading Brokerage	Rs 20 per executed order or .03% whichever is lower	0.05% - 0.015%
Currency Options Trading Brokerage	Rs 20 per executed order or .03% whichever is lower	Rs 75 to Rs 20
Commodity Futures Trading Brokerage	Rs 20 per executed order or .03% whichever is lower	0.008% - 0.05%
Commodity Options Trading Brokerage	Rs 20 per executed order or .03% whichever is lower
Special Offer	Special Offer: Brokerage free equity delivery trading (no commission) + Flat Rs 20 Intra-day and F&O trades. Get the offer

Zerodha Charges Vs Anand Rathi

Minimum Brokerage Charges	0.03% in Intraday and F&O
Other Brokerage Charges	Physical contact notes: Rs 20, Trade SMS Alerts: Rs 1 per SMS
Call & Trade Charges	Rs 50 per executed order

Zerodha Vs Anand Rathi Transaction Charges

Zerodha transaction charges for options is NSE Rs 5000 per Cr (0.05%) (on premium) while Anand Rathi exchange transaction charges for options is Rs 7000 per Cr (0.07%).

	Zerodha	Anand Rathi
Equity Delivery	NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)	NSE Rs 350 per Cr (0.0035%) | BSE Rs 350 per Cr (0.0035%) (each side)
Equity Intraday	NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)	NSE Rs 350 per Cr (0.0035%) | BSE Rs 350 per Cr (0.0035%) (each side)
Equity Futures	NSE Rs 190 per Cr (0.0019%)	NSE Rs 410 per Cr (0.0041%) | BSE Rs 210 per Cr (0.0021%) (each side)
Equity Options	NSE Rs 5000 per Cr (0.05%) (on premium)	Rs 7000 per Cr (0.07%)
Currency Futures	NSE Rs 90 per Cr (0.0009%) | BSE Rs 22 per Cr (0.00022%)	Rs 350 per Cr (0.0035%)
Currency Options	NSE Rs 3500 per Cr (0.035%) | BSE Rs 100 per Cr (0.001%) (on premium)	Rs 7000 per Cr (0.07%)
Commodity	Group A - Rs 260 per Cr (0.0026%)	Rs 350 per Cr (0.0035%)
	Enquire Zerodha	Enquire Anand Rathi

Zerodha Vs Anand Rathi Leverage (Margin)

Zerodha provides the margin of Up to 20x (based on the stock) for intraday trades whereas the Anand Rathi margin for intraday cash is Upto 10x.

	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
	Enquire Zerodha	Enquire Anand Rathi

Compare Zerodha and Anand Rathi Features

The trading platforms offered Zerodha include Kite Web, Kite Mobile for Android/iOS and Coin. Anand Rathi offers Trade X trading software.

	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 Mobile for Android/iOS and Coin	Trade X
Intraday Square-off Time	Eq Cash: 3:15 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close
Other Features	Direct Mutual Funds, APIs for Algo Trading
Referral Program
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Zerodha Vs Anand Rathi Review

Zerodha is rated 3.7 of 5 based on 410 customer reviews whereas Anand Rathi is rated 3.2 of 5 based on 13 customer reviews.

	Zerodha	Anand Rathi
	410 Customer Reviews	13 Customer Reviews
Fees
Trading Brokerage
Trading Platform Usability
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Zerodha is rated 3.7 of 5 based on 410 customer reviews	Anand Rathi is rated 3.2 of 5 based on 13 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 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)
	Enquire Zerodha	Enquire Anand Rathi

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 - Pros and Cons

	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 0.03% or Rs 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.	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.
Cons	Doesn't provide stock tips, research reports or recommendations. Call & Trade is charged at extra Rs 50 order. Auto Square off is charged at extra Rs 50 order. Doesn't offer 3-in-1 account. Doesn't offer unlimited trading plans. Doesn't offer AMC Free Demat account.	AnandRathi brokerage is high and not negotiable. They don't offer 3 in 1 account. There are some extra charges for their featured products.
Reviews
Promo / Offers	Free Equity Delivery Trading Get free equity delivery trading (truly no brokerage) and pay flat Rs 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.
	Enquire Zerodha	Enquire Anand Rathi