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Alice Blue vs Anand Rathi (Compare Alice Blue and Anand Rathi)

So many brokers are offering stock trading & Demat services in India, which one is best, which one provides the services at the lowest price, provides best mobile trading application, the best research team, etc. All answers to your questions would be available here.

Here we provide side by side comparison between Alice Blue vs Anand Rathi, Below comparison of Alice Blue vs Anand Rathi highlights the variations of Brokerage charges & services offered, Compare their ratings, brokerage & AMC charges, Investment choices, Customer Service, Demat Account, features, Platforms, and running offers.

One on One comparison of Alice Blue vs Anand Rathi is given below:

Alice Blue Anand Rathi
About The Brokers
Alice Blue :

"Started in 2006, Alice Blue provides Stock & Commodity trading at the lowest brokerage fee and has a network of 17 branches located in major cities along with more th   >>> more

Anand Rathi :

"AnandRathi, a well known non-banking financial institution established in 1994 by the veteran AnandRathi. With the various online and offline facility, they provide c   >>> more

Find More Information about the Broker :
Alice Blue :
OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Anand Rathi :
OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker
Alice Blue :
 Discount Broker
Anand Rathi :
 Full Service Broker
Promo/offers
Alice Blue :
Special Offer: Get brokerage FREE equity delivery trading (truly no brokerage) and Flat Rs 15 intranet and F&O trade brokerage. Open Instant Account online with Alice Blue and start trading today.
Anand Rathi :
Special Offer: Rs 0 Account Opening Charges + FREE Stock Tips & Research + Discount voucher upto Rs 10,000 from Top Brands Request a Callback.
Advantage
Alice Blue :
  •  Free Delivery Trade
  •  Lowest Brokerage charges on Intrady & F&O at Rs 15 Per Trade.
  •  commission Free mutual fund investment
  •  Free Trading & Demate account opening
  •  Instant digital account opening
  •  No minimum brokerage. No minimum commitment. No Prepaid Plans.
  •  ANT Trading Software is available for free to all its customers.
  •  The daily market report is available for free to all customers.
  •  Free API for Algo trading.
  •  Up to 10 times exposure on Equity via Bracket Order..
Anand Rathi :
  • After Market Order facility available
  • NRI services available
  • Multiple brokerage plans available
  • Advance charting and various calculators are available
  • Experience of more than two decades makes them a reliable broker
  • Free* Demat & Trading account with Zero* opening charges + 1st year AMC zero.
Disadvantage
Alice Blue :
  •  Does not provide a 3in1 account facility.
  •  Does not provide trading options: GTC (Good Till Cancelled) & GTT orders
  •  Do not Offer NRI Trading
  •  3rd party trading tools are not free and charge a subscription fee.
  •  Online IPO, NCD, and Corporate bonds are not available.
  •  Broker-assisted trades (Call & Trade) are available at an extra Rs 20 per executed order.
Anand Rathi :
  • They are not transparent when it comes to revealing brokerages
  • High Brokerage charges then discount brokers
  • Do not provide 3-in-1 account service
Why This
Alice Blue :
  •  Free Delivery Trade, Alice Blue does not charge any brokerage on Delivery trade.
  •  They offer Equity intraday trade at ₹15 or 0.01% (whichever is lower)
  •  Alice Blue provides mutual funds investment at Zero Commission, No transaction charges,
  •  100% paperless online Demat account opening
  •  Advanced Trading Tools- ANT Meta and , ANT Scanner. and other 3rd party tools.
  •  Free trading software's to all its customers.
  •  Trade School an online resource for learning investment concepts and trading skills.
  •  Experience trust of over 20 years as a full-service broker.
  •  Advanced charts and other options like cover order,bracket order and Aftermarket order (AMO) are available
  •  Provides Brokerage & Margin Calculator
Anand Rathi :
  • Strong pan Indian presence through 1200+ own branches
  • Offers brokerage plan as low as 1 paisa and 10 paisa for intraday and delivery
  • Advance charting tool is available for the clients to take correct financial decision
  • Clients can place After Market Orders, Apply IPO, Buyback Etc all at Fingertips
  • Margin funding Trading is also available
  • Provide NRI service
  • Dedicated Customer support from Toll free number to chat services.
  • Zero Account opening charges + 1st year AMC Free.
  • Rs.10,000 discount voucher on account opening.
  • Discount brokerage plans wherein Rs.11 for option/lot , 0.006% Equity Intraday , 0.06% for delivery .
  • Daily/Weekly/Monthly Research reports
  • Dedicate Telegram channel for Daily calls and Investment advices.
  • Free Call & Trade service.
  • One stop financial store for Equity, MF, PMS, Structure products, unlisted shares, Insurance.
Open Account Open Account

Alice Blue vs Anand Rathi Account Opening & AMC Charges

Alice Blue Trading Account Opening Fee is Rs 150 and Anand Rathi Trading Account Opening Fee is Rs 552 (including GST) . Alice Blue Demat Account AMC is Rs 400 and Anand Rathi Demat Account AMC is Rs 450 from second year onward .

Alice Blue Anand Rathi
Trading Account Opening Fee Trading Account Opening Fee :

Rs 150

Trading Account Opening Fee :

Rs 552 (including GST)

Demat Account Opening Fee Demat Account Opening Fee :

Rs 0

Demat Account Opening Fee :

Rs 0

Demat Account AMC Demat Account AMC :

Rs 400

Demat Account AMC :

Rs 450 from second year onward

Trading Account AMC Trading Account AMC :

Rs 0

Trading Account AMC :

Rs 0

Open Account Open Account

Alice Blue vs Anand Rathi Brokerage Charges

Alice Blue Brokerage Charges Equity Delivery is Rs 0 (Free) and Equity Intraday is Rs 15 per order or 0.01% whichever is lower and Equity Options is Rs 15 per order . Anand Rathi Brokerage Charges Equity Delivery is 0.5% - 0.15% and Equity Intraday is 0.05% -0.015% and Equity Options is Rs 75 to Rs 20 .

Alice Blue Anand Rathi
Plan Name Plan Name :

Freedom Plan (F15)

Plan Name :

Standard Plan

Equity Delivery Equity Delivery :

Rs 0 (Free)

Equity Delivery :

0.5% - 0.15%

Equity Intraday Equity Intraday :

Rs 15 per order or 0.01% whichever is lower

Equity Intraday :

0.05% -0.015%

Equity Future Equity Future :

Rs 15 per order or 0.01% whichever is lower

Equity Future :

0.05% - 0.015%

Equity Options Equity Options :

Rs 15 per order

Equity Options :

Rs 75 to Rs 20

Currency Futures Currency Futures :

Rs 15 per order or 0.01% whichever is lower

Currency Futures :

0.05% - 0.015%

Currency Options Currency Options :

Rs 15 per order

Currency Options :

Rs 75 to Rs 20

Monthly Fee Monthly Fee : - Monthly Fee :

NA

Margin Trading Margin Trading : - Margin Trading : -
Commodity Futures Commodity Futures :

Rs 15 per order or 0.01% whichever is lower

Commodity Futures :

0.008% - 0.05%

Commodity Options Commodity Options :

Rs 15 per order

Commodity Options : -
Open Account Open Account

Alice Blue vs Anand Rathi Exchange Transaction Charges

Alice Blue Exchange Transaction Charges Equity Future is NSE Rs 210 per Cr (0.0021%) | BSE Rs 1 per trade (each side) and Equity Options is NSE Rs 5300 per Cr (0.053%) | BSE Rs 1 per trade (each side) . Anand Rathi Exchange Transaction Charges Equity Future is NSE Rs 410 per Cr (0.0041%) | BSE Rs 210 per Cr (0.0021%) (each side) and Equity Options is Rs 7000 per Cr (0.07%) .

Alice Blue Anand Rathi
Equity Delivery Equity Delivery :

NSE Rs 325 per Cr (0.00325%) | BSE Rs 1 per trade (each side)

Equity Delivery :

NSE Rs 350 per Cr (0.0035%) | BSE Rs 350 per Cr (0.0035%) (each side)

Equity Intraday Equity Intraday :

NSE Rs 325 per Cr (0.00325%) | BSE Rs 1 per trade (each side)

Equity Intraday :

NSE Rs 350 per Cr (0.0035%) | BSE Rs 350 per Cr (0.0035%) (each side)

Equity Future * Equity Future :

NSE Rs 210 per Cr (0.0021%) | BSE Rs 1 per trade (each side)

Equity Future :

NSE Rs 410 per Cr (0.0041%) | BSE Rs 210 per Cr (0.0021%) (each side)

Equity Options * Equity Options :

NSE Rs 5300 per Cr (0.053%) | BSE Rs 1 per trade (each side)

Equity Options :

Rs 7000 per Cr (0.07%)

Currency Futures * Currency Futures :

NSE Rs 135 per Cr (0.00135%)

Currency Futures :

Rs 350 per Cr (0.0035%)

Currency Options Currency Options :

NSE Rs 4400 per Cr (0.044%) (on premium)

Currency Options :

Rs 7000 per Cr (0.07%)

Commodity Commodity :

Non-Agri Rs 360 per Cr (0.0036%) | Agri Rs 275 per Cr (0.00275%)

Commodity :

Rs 350 per Cr (0.0035%)

Open Account Open Account

Alice Blue vs Anand Rathi Other Charges

Alice Blue Minimum Brokerage is Rs 0 and Call & Trade is Rs 20 per executed order . Anand Rathi and .

Alice Blue Anand Rathi
Minimum Brokerage Minimum Brokerage :

Rs 0

Minimum Brokerage : -
Call & Trade Call & Trade :

Rs 20 per executed order

Call & Trade : -
Stamp Duty * Stamp Duty : - Stamp Duty : -
DP Charges (on sell side) DP Charges (on sell side) :

₹15 per transaction

DP Charges (on sell side) : -
Other Miscellaneous Charges Other Miscellaneous Charges : - Other Miscellaneous Charges : -
Open Account Open Account

Alice Blue vs Anand Rathi Features

Alice Blue and Anand Rathi both offer a host of features, trading tools & platforms to their clients. Their comparative analysis is in the below table:

Alice Blue Anand Rathi
Trading Platform Trading Platform :

Front End: ANT | Back End: Omnesys NEST

Trading Platform :

Trade X

Placing orders through charts Placing orders through charts :

Yes

Placing orders through charts :

No

Trading Alerts Trading Alerts :

Yes

Trading Alerts :

Yes

Research and Advice / Trading Tips Research and Advice / Trading Tips :

No

Research and Advice / Trading Tips :

Yes

Detailed Education Initiatives Detailed Education Initiatives :

No

Detailed Education Initiatives :

No

Unique features & Offers Unique features & Offers : - Unique features & Offers : -
Referral Program Referral Program :

1

Referral Program : -
Margin Against Shares (Equity Cash) * Margin Against Shares (Equity Cash) :

No

Margin Against Shares (Equity Cash) :

Yes

Margin Against Shares (Equity F&O) * Margin Against Shares (Equity F&O) :

No

Margin Against Shares (Equity F&O) :

Yes

Open Account Open Account

Alice Blue vs Anand Rathi Demat Account Charges

A comparative table of various demat account charges between Alice Blue and Anand Rathi is below:

Alice Blue Anand Rathi
Depository Service Provider Depository Service Provider :

CDSL

Depository Service Provider :

CDSL,NSDL

Account Opening Fee Account Opening Fee :

Rs 0

Account Opening Fee :

Nil

Advance Deposit Advance Deposit :

Rs 0

Advance Deposit :

Nil

AMC AMC :

Rs 400 per year

AMC :

  • Scheme I: Rs 450 (Free for 1st Year)

  • Scheme II : Nil (with credit balance of Rs 3000 (refundable))

  • For Corporates: Rs 500 (For 1st Year) Rs 950 (From 2nd year onwards)

Dematerialisation Charges Dematerialisation Charges :

Rs 10 per certificate + Rs 50 per request

Dematerialisation Charges :

  • Rs 3 per certificate + Rs 35 per request.

Rematerialisation Charges Rematerialisation Charges :

Rs 30 per request + CDSL Fee + Rs 10 per 100 securities

Rematerialisation Charges :

  • Rs 15 for every 100 securities or a Flat fee of Rs 15 per certificate, Whichever is higher + 20 Postage chg

Transaction Charges (Credit) Transaction Charges (Credit) : - Transaction Charges (Credit) : -
Transaction Charges (debit) Transaction Charges (debit) :

0.04% of the value of the transaction (minimum Rs 20)

Transaction Charges (debit) :

  • Rs 15 Per ISIN [For POA clients]; Rs 25 Per ISIN [For Non POA clients]

  • Off-market Transfer within AnandRathi Minimum Rs 25 and Maximum Rs 500 or 0.025% of the market value

Pledge Creation Charges Pledge Creation Charges :

0.04% of the value of the transaction (minimum Rs 40)

Pledge Creation Charges :

0.01% of value or min Rs 50 per request

Pledge Creation Confirmation Charges Pledge Creation Confirmation Charges :

Rs 0

Pledge Creation Confirmation Charges :

Nil

Pledge Invocation Charges Pledge Invocation Charges :

0.04% of the value of the transaction (minimum Rs 40)

Pledge Invocation Charges :

0.01% of value or min Rs 50 per request

Failed Instruction Charges Failed Instruction Charges : - Failed Instruction Charges :

Rs 25 per Instruction

Other Charges Other Charges :

  • Power of Attorney (PoA): Rs 150
  • Courier Charges: Rs 100 per request
  • Additional DIS Booklet: Rs 100 per booklet

Other Charges :

  • For instructions received on same day of Pay-in Rs 25 per scrip will be charged
  • Extra statement (other than free monthly): Rs 15 per statement.
  • Any Modification: Rs 15 per request

Open Account Open Account

Alice Blue vs Anand Rathi Basic Details

Alice Blue and Total Number of Clients is 147195 and . Anand Rathi Year of Incorporation is 1994 and Total Number of Clients is 106323 and Total Number of Branches is 1200 .

Alice Blue Anand Rathi
Year of Incorporation Year of Incorporation : - Year of Incorporation :

1994

Active Exchange Memberships Active Exchange Memberships :

NSE, BSE, MCX

Active Exchange Memberships :

BSE, NSE, MCX, NCDEX

Demat Services Demat Services :

No

Demat Services :

No

Website Website : www.aliceblueonline.com Website : www.anandrathi.com
Contact Details Contact Details :

080-61575500|080-45490850

Contact Details :

18004201004

Total Number of Clients Total Number of Clients :

147,195

Total Number of Clients :

106,323

Total Number of Branches Total Number of Branches : - Total Number of Branches :

1200

Products * Products :

Mutual Fund, Equity, Currency & Commodity

Products :

Equity, Commodity, Currency, IPO, MFs, LAS, MTF

Open Account Open Account

Alice Blue vs Anand Rathi Orders

Orders

Alice Blue Anand Rathi
Cover Orders (CO) Cover Orders (CO) :

Yes

Cover Orders (CO) :

No

Bracket orders / One Cancels Other (BO / OCO) Bracket orders / One Cancels Other (BO / OCO) :

Yes

Bracket orders / One Cancels Other (BO / OCO) :

No

After Market Orders (AMO) After Market Orders (AMO) :

Yes

After Market Orders (AMO) :

Yes

Buy Today Sell Tomorrow (BTST) * Buy Today Sell Tomorrow (BTST) :

Yes

Buy Today Sell Tomorrow (BTST) :

Yes

Sell Today Buy Tomorrow (STBT) * Sell Today Buy Tomorrow (STBT) :

Yes

Sell Today Buy Tomorrow (STBT) :

Yes

Good Till Cancelled (GTC) * Good Till Cancelled (GTC) :

No

Good Till Cancelled (GTC) :

No

Open Account Open Account

Alice Blue vs Anand Rathi Research and Advice / Trading Tips

Research and Advice / Trading Tips

Alice Blue Anand Rathi
Equity Trading Recommendation * Equity Trading Recommendation :

No

Equity Trading Recommendation :

Yes

Equity Investment Recommendation * Equity Investment Recommendation :

No

Equity Investment Recommendation :

Yes

Recommendation basis risk Profile * Recommendation basis risk Profile :

No

Recommendation basis risk Profile :

Yes

Comparison * Comparison :

No

Comparison :

No

Free Tips * Free Tips :

No

Free Tips :

Yes

Daily Market report * Daily Market report :

Yes

Daily Market report :

Yes

ETF research * ETF research :

No

ETF research :

Yes

Quarterly Results * Quarterly Results :

No

Quarterly Results :

Yes

Open Account Open Account

Alice Blue vs Anand Rathi Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

Alice Blue Anand Rathi
Availability for franchisee / AP Availability for franchisee / AP : - Availability for franchisee / AP :

Yes

Investment required for Franchisee / AP Investment required for Franchisee / AP : - Investment required for Franchisee / AP : -
Open Account Open Account

Alice Blue vs Anand Rathi Product & Services

Alice Blue and Anand Rathi both offer a host of Products & Services for a better trading experience for their clients. Their comparative analysis is in the below table:

Alice Blue Anand Rathi
Delivery Based Trading * Delivery Based Trading :

Yes

Delivery Based Trading :

Yes

Margin Trading * Margin Trading :

No

Margin Trading :

Yes

Call in Trade * Call in Trade :

Yes

Call in Trade :

Yes

Trading in Both the exchanges * Trading in Both the exchanges :

Yes

Trading in Both the exchanges :

Yes

Limit Order * Limit Order : - Limit Order :

Yes

3-in-1 On-line Trading Account * 3-in-1 On-line Trading Account :

No

3-in-1 On-line Trading Account :

No

NRI Services * NRI Services :

No

NRI Services :

Yes

SMS Alerts * SMS Alerts :

No

SMS Alerts :

Yes

Offers Multiple Plan * Offers Multiple Plan :

No

Offers Multiple Plan :

Yes

IPO Investment * IPO Investment :

No

IPO Investment :

Yes

Portfolio Analysis * Portfolio Analysis :

No

Portfolio Analysis :

Yes

Advanced Charting Features * Advanced Charting Features :

Yes

Advanced Charting Features :

Yes

Brokerage Calculator * Brokerage Calculator :

Yes

Brokerage Calculator :

Yes

Margin Calculator * Margin Calculator :

Yes

Margin Calculator :

Yes

Stop Loss Order * Stop Loss Order :

Yes

Stop Loss Order :

Yes

Bracket Orders & Trailing Stop Loss * Bracket Orders & Trailing Stop Loss :

Yes

Bracket Orders & Trailing Stop Loss :

Yes

Equity Future & Option Trading * Equity Future & Option Trading :

Yes

Equity Future & Option Trading :

Yes

Currency Future & Option Trading * Currency Future & Option Trading :

Yes

Currency Future & Option Trading :

Yes

Market Trading * Market Trading :

Yes

Market Trading :

Yes

Monthly & Yearly Plan * Monthly & Yearly Plan :

No

Monthly & Yearly Plan :

Yes

Aumtomated Trading * Aumtomated Trading :

Yes

Aumtomated Trading :

Yes

Open Account Open Account

Alice Blue vs Anand Rathi Customer Services

Alice Blue and Anand Rathi both offer a host of Customer service options to their clients to quickly solve their queries or grievances if any. Their comparative analysis is in the below table:

Alice Blue Anand Rathi
Toll Free Number * Toll Free Number :

No

Toll Free Number :

18004201004

Live Chat Facility * Live Chat Facility :

No

Live Chat Facility :

No

Email Facility * Email Facility :

Yes

Email Facility :

[email protected]

Branch Offices * Branch Offices :

Yes

Branch Offices :

1200+

Customer Care * Customer Care :

No

Customer Care :

-

Community Service * Community Service :

No

Community Service :

No

Relationship Manager * Relationship Manager :

No

Relationship Manager :

Yes

24/7 Support * 24/7 Support :

No

24/7 Support :

No

Open Account Open Account

Alice Blue vs Anand Rathi Other Investement

Alice Blue and Anand Rathi both offer a lot of investment avenues apart from Stock trading on their platforms to their clients to make a better trading experience. Their comparative analysis is in the below table:

Alice Blue Anand Rathi
Commodity Trading * Commodity Trading :

Yes

Commodity Trading :

Yes

Investment in ETFs * Investment in ETFs :

Yes

Investment in ETFs :

Yes

Investment in Mutual Funds * Investment in Mutual Funds :

Yes

Investment in Mutual Funds :

Yes

Investment in Bonds * Investment in Bonds :

No

Investment in Bonds :

Yes

Investment in Corporate Debt instruments * Investment in Corporate Debt instruments :

Yes

Investment in Corporate Debt instruments :

Yes

Insurance Services * Insurance Services :

No

Insurance Services :

Yes

Banking Services * Banking Services :

No

Banking Services :

No

Open Account Open Account

Alice Blue vs Anand Rathi Trading Platform

Alice Blue and Anand Rathi both offer a host of Trading Platform for a better trading experience for their clients. Their comparative analysis is in the below table:

Alice Blue Anand Rathi
Web Platform * Web Platform :

Yes

Web Platform :

Yes

Android Mobile App * Android Mobile App :

Yes

Android Mobile App :

Yes

Desktop Windows * Desktop Windows :

Yes

Desktop Windows :

Yes

Desktop Mac * Desktop Mac :

No

Desktop Mac :

Yes

I-Pad App * I-Pad App :

Yes

I-Pad App :

Yes

Virtual Trading * Virtual Trading :

No

Virtual Trading :

No

iPhone Mobile App * iPhone Mobile App :

Yes

iPhone Mobile App :

Yes

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Open Account Open Account

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