Anand Rathi Vs INDmoney
Anand Rathi
Anand Rathi Review gives an overall view and updates about the Anand Rathi Brokerage Charges, Anand Rathi Margin, Anand Rathi Trading Software 2024, Anand Rathi Demat Account Charges and it also gives overview on Anand Rathi NRI Account, Anand Rathi Branches, Anand Rathi Customer Complaints, Anand Rathi Advantages and Disadvantages, Anand Rathi research services, Anand Rathi IPO Application, Anand Rathi Mutual Fund
INDmoney
INDmoney Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Anand Rathi Vs INDmoney - Broker Details
| Anand Rathi | INDmoney | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 1994 | 2019 |
| Exchanges | NSE, BSE, MCX and NCDEX | NSE, BSE and MCX |
| Branches | 1200+ | 966 |
| Brokerage | 0.03% | 0.05% or up to ₹20/Per Order |
| Broker Type | Full Service Broker | Discount Broker |
Anand Rathi Vs INDmoney - Account Opening & AMC Charges
| Anand Rathi | INDmoney | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹450 + GST (2nd year Onwards) | ₹3000 Deposit lifetime free AMC (Refundable) | ₹999 - Deposit lifetime free AMC (Nonrefundable) | ₹0 (Free) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
Anand Rathi Vs INDmoney - Brokerage charges & Plans
| Anand Rathi | INDmoney | |
|---|---|---|
| Commodity Futures | 0.03% | N/A |
| Currency Futures | 0.03% | 0.05% or up to ₹20/Per Order |
| Equity Delivery | 0.30% | 0.05% or up to ₹20/Per Order |
| Equity Options | ₹50/ Lot | 0.05% or up to ₹20/Per Order |
| Commodity Options | ₹50/ Lot | N/A |
| Equity Futures | 0.03% | 0.05% or up to ₹20/Per Order |
| Currency Options | ₹50/ Lot | 0.05% or up to ₹20/Per Order |
| Fixed Charges | 0.03% | 0.05% or up to ₹20/Per Order |
| Equity Intraday | 0.03% | 0.05% or up to ₹20/Per Order |
Anand Rathi Vs INDmoney - Other Charges
| Anand Rathi | INDmoney | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹50 per position |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | ₹0 (Free) | ₹50 per position |
| Other Brokerage Charges | 0.03% | 0.05% or up to ₹20/Per Order |
| Minimum Brokerage | ₹25/ Contract note | 0.05% or up to ₹20/Per Order |
Anand Rathi Vs INDmoney - Transaction Charges
| Anand Rathi | INDmoney | |
|---|---|---|
| Currency Options | ₹7000/ Cr (0.07%) | NSE: 0.035 % And | BSE: 0.001% On Options Premium Value |
| Equity Futures | NSE ₹410/ Cr (0.0041%) | BSE ₹210/ Cr (0.0021%) (each side) | NSE: 0.00195% on total turnover value |
| Equity Intraday | ₹350/ Cr (0.0035%) (each side) | NSE - 0.00325% | BSE- 0.00375% |
| Equity Options | ₹7000/ Cr (0.07%) | NSE: 0.053% on premium value |
| Commodity | ₹350/ Cr (0.0035%) | Non-Agri: 0.00210% On Turnover For A Category (Near & Next Month TO ) 0.0013% On Turnover For A Category (FAR Month TO) 0.00175% On Turnover For B Category Agri: 0.006% On Turnover For A Category 0.002% On Turnover For B Category 0.0001% On Turnover For C Category Special Charges For Following Scrips: 0.0005% On Turnover For CASTORSEED 0.0005% On Turnover For KAPAS 0.00005% On Turnover For PEPPER 0.001% On Turnover For RBDPMOLEIN |
| Currency Futures | ₹350/ Cr (0.0035%) | NSE: 0.0009% On Futures Turnover value | BSE: 0.00022% On Futures Turnover value |
| Equity Delivery | ₹350/Cr (0.0035%) (each side) | NSE - 0.00325% | BSE- 0.00375% |
Anand Rathi Vs INDmoney - Margin (Exposure)
| Anand Rathi | INDmoney | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x(100% of NRML margin (Span + Exposure)) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Anand Rathi Vs INDmoney - Features
| Anand Rathi | INDmoney | |
|---|---|---|
| Online Portfolio |
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| Algo Trading |
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| Margin Trading Facility |
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| Call & Trade Facility |
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| Referral Program |
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| Collateral Margin |
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| Online Demo |
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| 3 in 1 Account |
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| Charting |
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| Intraday Square-off Time | Equity & F&O:- 3:30 PM | Currency: 4:40 PM | Commodities: 11:20 PM | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | 1.Trade Mobi (Mobile Trading Application) 2.Anand Rathi Online MF (Mutual Fund App) 3.Trade X'Press+ (Web-based Trading Platform) 4.Trade X'Pro (Desktop Trading Software) 5.Trade Lite (Light Web-based App) 6.Trade X'Pro+ (Suite of Trading Tools) | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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Anand Rathi Vs INDmoney - Review & Rating
| Anand Rathi | INDmoney | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
Anand Rathi Vs INDmoney - Request a call back from Broker
| Anand Rathi | INDmoney | |
|---|---|---|
Anand Rathi Vs INDmoney - Investment Options
| Anand Rathi | INDmoney | |
|---|---|---|
| Currency |
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| IPO |
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| Commodity |
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| Debt |
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| Other Options |
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| Stock Cash / Equity |
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| Mutual Funds |
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| Bond / NCD |
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Anand Rathi Vs INDmoney - Order Type
| Anand Rathi | INDmoney | |
|---|---|---|
| Bracket Order/BO/OCO |
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| BTST |
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| Cover Order/CO |
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| Good Till Cancelled (GTC) |
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| BUY ABOVE/SELL BELOW (SL-M) |
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| After Market Order(AMO) |
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| STBT |
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Anand Rathi Vs INDmoney - Research & Report
| Anand Rathi | INDmoney | |
|---|---|---|
| Free Tips |
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| Quarterly Result Analysis |
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| Daily Market Report |
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| News Alerts |
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Anand Rathi Vs INDmoney - Daily Market Report
| Anand Rathi | INDmoney | |
|---|---|---|
| Daily Market Reports & News |
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Anand Rathi Vs INDmoney - Suitable For Investor
| Anand Rathi | INDmoney | |
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| Casual Investor |
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| Active Investor |
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| Trader |
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Anand Rathi Vs INDmoney - Pros & Cons
| Anand Rathi | INDmoney | |
|---|---|---|
| Pros | 1.Allows online investment in IPOs, Mutual Funds, Bonds, General Insurance, all from a single website. 2.Call & trade is free of cost. 3.Provides free research, technical reports and trading calls. 4.Provides loan against shares and corporate FDs as well.5.NRI customers can also open accounts with Anand Rathi. | 1. User-Friendly Platform 2. It provides the most advanced trading platforms. 3. All-in-One Financial App 4.INDMoney facilitates goal-based investing, helping users set and achieve financial objectives 5. The broker offers responsive customer support to address inquiries and provide assistance whenever needed. |
| Cons | 1.Very high brokerage across all segments. 2.Doesn't offer a 3-in-1 account. 3.High Demat AMC 4.Separate web-based platform and mobile app for mutual fund investments. | 1.Limited Global Investment Options 2.Limited Advanced Trading Features 3. INDMoney primarily operates through its app, which might not be suitable for investors who prefer traditional phone or in-person customer support. |
Anand Rathi Vs INDmoney - Background
| Anand Rathi | INDmoney | |
|---|---|---|
Anand Rathi Vs INDmoney - Compare All Brokers
| Anand Rathi | INDmoney | |
|---|---|---|
Anand Rathi Vs INDmoney - STT/CTT
| Anand Rathi | INDmoney | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% only on sell side Non-Agri |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% only on sell |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% only on sell (On Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% on Sell Side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | 0.05% only on sell side |
Anand Rathi Vs INDmoney - Demat transaction charges
| Anand Rathi | INDmoney | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + Gst per scrip per day only on sell | ₹250/ per certificate |
Anand Rathi Vs INDmoney - GST
| Anand Rathi | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Anand Rathi Vs INDmoney - SEBI Charges
| Anand Rathi | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Anand Rathi Vs INDmoney - Account Opening & AMC Charges
Anand Rathi
INDmoney
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹450 + GST (2nd year Onwards) | ₹3000 Deposit lifetime free AMC (Refundable) | ₹999 - Deposit lifetime free AMC (Nonrefundable)
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
Anand Rathi Vs INDmoney
| Anand Rathi | INDmoney | |
|---|---|---|
Anand Rathi Review | Brokerage Charges, Account OpeningOnce Albert Einstein said that compound interest is the 8th wonder of the world, he who understands it, earns it and he who doesn’t, pays it. Investment is the only option through which we can enhance our assets drastically. Investing in stock market is one of the best methods through which .. + " Vs "+ INDmoney |
INDmoney Account Opening Process, Charges, and Documentation Details |
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INDmoney
INDmoney Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Anand Rathi Vs INDmoney - Brokerage charges & Plans
| Anand Rathi | INDmoney | |
|---|---|---|
| Commodity Futures | 0.03% | N/A |
| Currency Futures | 0.03% | 0.05% or up to ₹20/Per Order |
| Equity Delivery | 0.30% | 0.05% or up to ₹20/Per Order |
| Equity Options | ₹50/ Lot | 0.05% or up to ₹20/Per Order |
| Commodity Options | ₹50/ Lot | N/A |
| Equity Futures | 0.03% | 0.05% or up to ₹20/Per Order |
| Currency Options | ₹50/ Lot | 0.05% or up to ₹20/Per Order |
| Fixed Charges | 0.03% | 0.05% or up to ₹20/Per Order |
| Equity Intraday | 0.03% | 0.05% or up to ₹20/Per Order |
Anand Rathi Vs INDmoney - Margin (Exposure)
| Anand Rathi | INDmoney | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x (100% of NRML margin (Span + Exposure) | 1x(100% of NRML margin (Span + Exposure)) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Delivery | 1x (100% of trade value) | 1x (no margin) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure) |
Anand Rathi Vs INDmoney - Other Charges
| Anand Rathi | INDmoney | |
|---|---|---|
| RMS Square Off Charge | ₹0 (Free) | ₹50 per position |
| API Charges | ₹0 (Free) | N/A |
| Call & Trade Charges | ₹0 (Free) | ₹50 per position |
| Other Brokerage Charges | 0.03% | 0.05% or up to ₹20/Per Order |
| Minimum Brokerage | ₹25/ Contract note | 0.05% or up to ₹20/Per Order |
Anand Rathi Vs INDmoney - STT/CTT
| Anand Rathi | INDmoney | |
|---|---|---|
| Commodity Futures | 0.01% on sell side (Non-Agri) | 0.01% only on sell side Non-Agri |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% on the Sell Side | 0.025% only on sell |
| Equity Options | 0.05% on Sell Side(on Premium) | 0.05% only on sell (On Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on buy & sell | 0.1% on both buy & sell |
| Equity Futures | 0.01% on Sell Side | 0.01% only on sell |
| Commodity Options | 0.05% on sell side | 0.05% only on sell side |
Anand Rathi Vs INDmoney - Demat transaction charges
| Anand Rathi | INDmoney | |
|---|---|---|
| Equity Demat Transaction Charges | ₹15 + Gst per scrip per day only on sell | ₹250/ per certificate |
Anand Rathi Vs INDmoney - GST
| Anand Rathi | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
Anand Rathi Vs INDmoney - SEBI Charges
| Anand Rathi | INDmoney | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
Anand Rathi Vs INDmoney - Features
| Anand Rathi | INDmoney | |
|---|---|---|
| Online Portfolio |
|
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| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
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| 3 in 1 Account |
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| Charting |
|
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| Intraday Square-off Time | Equity & F&O:- 3:30 PM | Currency: 4:40 PM | Commodities: 11:20 PM | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM |
| Trading Platform | 1.Trade Mobi (Mobile Trading Application) 2.Anand Rathi Online MF (Mutual Fund App) 3.Trade X'Press+ (Web-based Trading Platform) 4.Trade X'Pro (Desktop Trading Software) 5.Trade Lite (Light Web-based App) 6.Trade X'Pro+ (Suite of Trading Tools) | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App |
| SMS Alerts for Trades |
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| Direct Mutual Fund |
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