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. It has 1200 branches across India.

	Zerodha	Anand Rathi
Type of Broker	Discount Broker	Full Service Broker
Exchnage Membership	NSE, BSE, MCX and NCDEX	NSE, BSE, MCX, & NCDEX
Year of Incorporation	2010	1994
Number of Branches	22	1200
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Zerodha Vs Anand Rathi Charges & AMC

Zerodha trading account opening charges is Rs 200 while Anand Rathi account opening changes is Rs 0 (Free). Zerodha Demat Account AMC Charges is Rs 300 and Anand Rathi Demat Account AMC Charges is Rs 450 (1st year free).

	Zerodha	Anand Rathi
Trading Account Opening Charges	Rs 200	Rs 0 (Free)
Trading Account AMC Charges	Rs 0 (Free)	Rs 0 (Free)
Demat Account Opening Charges	Rs 0	Rs 0 (Free)
Demat Account AMC Charges	Rs 300	Rs 450 (1st year free)

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 0.30% and intraday is 0.03%.

Account Type	Zerodha Flat Brokerage Plan	Anand Rathi Standard Plan
Fixed Charges		NA
Equity Delivery	Rs 0 (Free)	0.30%
Equity Intraday	Rs 20 per executed order or .03% whichever is lower	0.03%
Equity Futures	Rs 20 per executed order or .03% whichever is lower	0.03%
Equity Options	Rs 20 per executed order	Rs 50 per lot
Currency Futures	Rs 20 per executed order or .03% whichever is lower	0.03%
Currency Options	Rs 20 per executed order or .03% whichever is lower	Rs 25 per lot
Commodity Futures	Rs 20 per executed order or .03% whichever is lower	0.03%
Commodity Options	Rs 20 per executed order or .03% whichever is lower	Rs 250 per lot
Special Offer	Special Offer: Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account online with Zerodha and start trading today.	Special Offer: Rs 0 Account Opening Charges + FREE Stock Tips & Research Request a Callback.

Zerodha Charges Vs Anand Rathi

Minimum Brokerage	0.03% in Intraday and F&O	Rs 25
Other Charges	Physical contact notes: Rs 20, Trade SMS Alerts: Rs 1 per SMS
Call & Trade Charges	Rs 50 per executed order	Rs 0 (Free)

Zerodha Vs Anand Rathi Transaction Charges

Zerodha transaction charges for options is NSE Rs 5300 per Cr (0.053%) (on premium) while Anand Rathi exchange transaction charges for options is Rs 7000 per Cr (0.07%).

	Zerodha	Anand Rathi
Equity Delivery	NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)	Rs 350 per Cr (0.0035%) (each side)
Equity Intraday	NSE Rs 345 per Cr (0.00345%) | BSE Rs 300 per Cr (0.003%) (each side)	Rs 350 per Cr (0.0035%) (each side)
Equity Futures	NSE Rs 200 per Cr (0.002%)	NSE Rs 410 per Cr (0.0041%) | BSE Rs 210 per Cr (0.0021%) (each side)
Equity Options	NSE Rs 5300 per Cr (0.053%) (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%)
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Zerodha Vs Anand Rathi Leverage (Margin)

Zerodha margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Anand Rathi margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

	Zerodha	Anand Rathi
Equity Delivery	100% of trade value (1x leverage)	100% of trade value (1x leverage)
Equity Intraday	Up to 20% of trade value (5x leverage)	Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm)	100% of NRML margin (Span + Exposure) (1x leverage)	100% of NRML margin (Span + Exposure) (1x leverage)
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Compare Zerodha and Anand Rathi Features

The trading platforms offered Zerodha include Kite Web, Kite Mobile for Android/iOS and Coin. Anand Rathi offers TradeMobi, Trade Xpress+ and Tr@de X’pro trading software.

	Zerodha	Anand Rathi
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	Kite Web, Kite Mobile for Android/iOS and Coin	TradeMobi, Trade Xpress+ and Tr@de X’pro
Intraday Square-off Time	Eq Cash: 3:15 PM | Eq F&O : 3:25 PM | Currency: 4:45 PM | Commodities: 25 min before close	3:15 PM
Trading In SME Shares Allowed?
Referral Program
Other Features	Direct Mutual Funds, APIs for Algo Trading
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Zerodha Vs Anand Rathi Review

Zerodha is rated 3.7 of 5 based on 468 customer reviews whereas Anand Rathi is rated 3.1 of 5 based on 16 customer reviews.

	Zerodha	Anand Rathi
	468 Customer Reviews	16 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Zerodha is rated 3.7 of 5 based on 468 customer reviews	Anand Rathi is rated 3.1 of 5 based on 16 customer reviews

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Zerodha Vs Anand Rathi Investment Options

	Zerodha	Anand Rathi
Stock / Equity
Commodity
Currency
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)
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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	India's No. 1 broker in terms of the number of active clients and exchange volume. Safe, reliable, and most technologically advance broker in India. Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX). Free equity delivery trades. No brokerage charges for Cash-N-Carry orders. Flat Rs 20 per trade brokerage for all other segments. Excellent trading platforms (Kite) available for free. Direct Mutual Fund Investment is available. Good Till Triggered (GTT) orders are available. These are similar to GTC orders. NRI Trading account is available.	Pan India presence. Option to trade online through web based and mobile trading platforms. Various financial products under one umbrella viz. Broking products, insurance, portfolio management services, corporate fixed deposits, structured products. Online IPO applicatioan. Loan against Shares and Margin Trading Facility available. Quick and Easy account opening. Research and advisory services.
Cons	It does not provide stock tips, research, and recommendations. Call & Trade is charged an extra Rs 50 per order. Auto Square off is charged at an extra Rs 50 per order. It does not offer a 3-in-1 account. It does not offer monthly unlimited trading plans. It does not offer an AMC Free Demat account. No margin funding.	High and non-negotiable brokerage charges. Do not offer 3 in 1 account. Extra charges for featured products.
Reviews
Promo / Offers	Zerodha Special Offer Free Equity Delivery Trading and Mutual Funds Brokerage-free Equity Delivery and flat Rs 20 per trade for Intraday & F&O + Brokerage-free Direct Mutual Fund investment + Trade with the best trading platform in India. This is a limited-time offer. Open Instant Zerodha Account online and start trading today.	Anand Rathi Special Offer Rs 0 Account Opening (for a limited time only) Get FREE Account Opening. FREE Research courage across all segments. This is a limited-time offer. Simply leave your contact information with us and Anand Rathi representatives will contact you.
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