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Anand Rathi vs IIFL (Compare Anand Rathi and IIFL)

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 Anand Rathi vs IIFL, Below comparison of Anand Rathi vs IIFL 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 Anand Rathi vs IIFL is given below:

Anand Rathi

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IIFL

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	Anand Rathi	IIFL

About The Brokers	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	IIFL : "IIFL is the renowned stockbroker who provides various financial products to its customers at nominal brokerage. They have an excellent online presence and protect you >>> more
Find More Information about the Broker :	Anand Rathi : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING	IIFL : OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker	Anand Rathi : Full Service Broker	IIFL : Full Service Broker
Promo/offers	Anand Rathi : Special Offer: Rs 0 Account Opening Charges + FREE Stock Tips & Research Request a Callback.	IIFL : Special Offer: Pay flat Rs 20 per trade for Delivery, Intra-day and F&O + FREE Account Opening Fee. Open FREE Instant Account online with IIFL and start trading today.
Advantage	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.	IIFL : Offer online IPO and Equity SIP 1900+ branches all over India & have a global presence Trading facility to NRIs is provided Provide multiple broking plans IIFL Trade terminal is one of the best trading terminal in India Offer Commodity Trading & Investment facility in Mutual funds & IPO
Disadvantage	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	IIFL : Scope improvement is there in customer support. Provides only 2-in-1 account facility Less transparency in brokerage plans High brokerage. Minimum Brokerage charges
Why This	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.	IIFL : Full-service broker who provide 2-in-1 On-line trading account to Indian as well as NRIs present all over the world. Provide IPO service and equity SIP also Amongst top 10 stock brokers in India Best rated mobile Trading Platforms with >1.9m download. Have branches all over India. Approx 1900+ Branches They provide multiple brokerage plans All investment options - Equities, IPO, Mutual Funds,ETFs,Commodities,F&O Offer NRI Trading.
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Anand Rathi vs IIFL Account Opening & AMC Charges

Anand Rathi Trading Account Opening Fee is Rs 0 (Free) and IIFL Trading Account Opening Fee is Rs 0 (Free) . Anand Rathi Demat Account AMC is Rs 450 (1st year free) and IIFL Demat Account AMC is Rs 250 (Free for 1st year) .

	Anand Rathi	IIFL
Trading Account Opening Fee	Trading Account Opening Fee : Rs 0 (Free)	Trading Account Opening Fee : Rs 0 (Free)
Demat Account Opening Fee	Demat Account Opening Fee : Rs 0 (Free)	Demat Account Opening Fee : Rs 0
Demat Account AMC	Demat Account AMC : Rs 450 (1st year free)	Demat Account AMC : Rs 250 (Free for 1st year)
Trading Account AMC	Trading Account AMC : Rs 0 (Free)	Trading Account AMC : Rs 0
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Anand Rathi vs IIFL Brokerage Charges

Anand Rathi Brokerage Charges Equity Delivery is 0.30% and Equity Intraday is 0.03% and Equity Options is Rs 50 per lot . IIFL Brokerage Charges Equity Delivery is Rs 20 per order and Equity Intraday is Rs 20 per order and Equity Options is Rs 20 per order .

	Anand Rathi	IIFL
Plan Name	Plan Name : Standard Plan	Plan Name : Standard Plan
Equity Delivery	Equity Delivery : 0.30%	Equity Delivery : Rs 20 per order
Equity Intraday	Equity Intraday : 0.03%	Equity Intraday : Rs 20 per order
Equity Future	Equity Future : 0.03%	Equity Future : Rs 20 per order
Equity Options	Equity Options : Rs 50 per lot	Equity Options : Rs 20 per order
Currency Futures	Currency Futures : 0.03%	Currency Futures : Rs 20 per order
Currency Options	Currency Options : Rs 25 per lot	Currency Options : Rs 20 per order
Monthly Fee	Monthly Fee : NA	Monthly Fee : NA
Margin Trading	Margin Trading : -	Margin Trading : -
Commodity Futures	Commodity Futures : 0.03%	Commodity Futures : Rs 20 per order
Commodity Options	Commodity Options : Rs 250 per lot	Commodity Options : Rs 20 per order
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Anand Rathi vs IIFL Exchange Transaction Charges

Anand Rathi Exchange Transaction Charges Equity Future is NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 and Equity Options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) . IIFL Exchange Transaction Charges Equity Future is NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 and Equity Options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3700 per Cr (0.037%) (on premium) .

	Anand Rathi	IIFL
Equity Delivery	Equity Delivery : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (each side)	Equity Delivery : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday	Equity Intraday : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (sell side)	Equity Intraday : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Future *	Equity Future : NSE Rs 190 per Cr (0.0019%) \| BSE Rs 0	Equity Future : NSE Rs 190 per Cr (0.0019%) \| BSE Rs 0
Equity Options *	Equity Options : NSE Rs 5000 per Cr (0.05%) \| BSE Rs 3700 per Cr (0.037%) (on premium)	Equity Options : NSE Rs 5000 per Cr (0.05%) \| BSE Rs 3700 per Cr (0.037%) (on premium)
Currency Futures *	Currency Futures : NSE Rs 90 per Cr (0.0009%) \| BSE Rs 90 per Cr (0.0009%)	Currency Futures : NSE Rs 90 per Cr (0.0009%) \| BSE Rs 90 per Cr (0.0009%)
Currency Options	Currency Options : NSE Rs 4000 per Cr (0.04%) \| BSE Rs 100 per Cr (0.001%) (on premium)	Currency Options : NSE Rs 4000 per Cr (0.04%) \| BSE Rs 100 per Cr (0.001%) (on premium)
Commodity	Commodity : Rs 350 per Cr (0.0035%)	Commodity : Group A - Rs 280 per Cr (0.0028%)
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Anand Rathi vs IIFL Other Charges

Anand Rathi Minimum Brokerage is Rs 25 and Call & Trade is Rs 0 (Free) . IIFL and Call & Trade is Rs 50 per call .

	Anand Rathi	IIFL
Minimum Brokerage	Minimum Brokerage : Rs 25	Minimum Brokerage : -
Call & Trade	Call & Trade : Rs 0 (Free)	Call & Trade : Rs 50 per call
Stamp Duty *	Stamp Duty : -	Stamp Duty : -
DP Charges (on sell side)	DP Charges (on sell side) : -	DP Charges (on sell side) : 0.04% (minimum ₹25 per debit transaction)
Other Miscellaneous Charges	Other Miscellaneous Charges : -	Other Miscellaneous Charges : Advisory SMS - Rs 50 per month
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Anand Rathi vs IIFL Features

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

	Anand Rathi	IIFL
Trading Platform	Trading Platform : TradeMobi, Trade Xpress+ and Tr@de XÃ¢â‚¬â„¢pro	Trading Platform : IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds App
Placing orders through charts	Placing orders through charts : No	Placing orders through charts : No
Trading Alerts	Trading Alerts : Yes	Trading Alerts : No
Research and Advice / Trading Tips	Research and Advice / Trading Tips : Yes	Research and Advice / Trading Tips : -
Detailed Education Initiatives	Detailed Education Initiatives : No	Detailed Education Initiatives : Yes
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) : Yes	Margin Against Shares (Equity Cash) : Yes
Margin Against Shares (Equity F&O) *	Margin Against Shares (Equity F&O) : Yes	Margin Against Shares (Equity F&O) : No
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Anand Rathi vs IIFL Demat Account Charges

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

	Anand Rathi	IIFL
Depository Service Provider	Depository Service Provider : CDSL, NSDL	Depository Service Provider : CDSL
Account Opening Fee	Account Opening Fee : Nil	Account Opening Fee : â‚¹0 (free)
Advance Deposit	Advance Deposit : Nil	Advance Deposit : â‚¹0
AMC	AMC : Scheme I: Rs 450 (Free for 1st Year) Scheme II : Nil (with credit balance of Rs 3000 (refundable))	AMC : â‚¹250 (free for 1st year)
Dematerialisation Charges	Dematerialisation Charges : Rs 3 per certificate + Rs 35 per request.	Dematerialisation Charges : â‚¹15 per certificate
Rematerialisation Charges	Rematerialisation Charges : Rs 15 for every 100 securities or a Flat fee of Rs 15 per certificate, Whichever is higher + 20 Postage chg	Rematerialisation Charges : â‚¹15 per certificate
Transaction Charges (Credit)	Transaction Charges (Credit) : -	Transaction Charges (Credit) : -
Transaction Charges (debit)	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	Transaction Charges (debit) : â‚¹25 per debit transaction
Pledge Creation Charges	Pledge Creation Charges : 0.01% of value or min Rs 50 per request	Pledge Creation Charges : â‚¹10
Pledge Creation Confirmation Charges	Pledge Creation Confirmation Charges : Nil	Pledge Creation Confirmation Charges : â‚¹0
Pledge Invocation Charges	Pledge Invocation Charges : 0.01% of value or min Rs 50 per request	Pledge Invocation Charges : â‚¹15
Failed Instruction Charges	Failed Instruction Charges : Rs 25 per Instruction	Failed Instruction Charges : -
Other Charges	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	Other Charges : Conversion of MF units: â‚¹0, Reconversion of MF units: â‚¹0, Courier Charges: â‚¹100 per request
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Anand Rathi vs IIFL Basic Details

Anand Rathi Year of Incorporation is 1994 and Total Number of Clients is 114238 and Total Number of Branches is 1200 . IIFL Year of Incorporation is 1996 and Total Number of Clients is 437829 and Total Number of Branches is 900 .

	Anand Rathi	IIFL
Year of Incorporation	Year of Incorporation : 1994	Year of Incorporation : 1996
Active Exchange Memberships	Active Exchange Memberships : BSE, NSE, MCX, NCDEX	Active Exchange Memberships : NSE, BSE, MCX, and NCDEX
Demat Services	Demat Services : No	Demat Services : Yes
Website	Website : www.anandrathi.com	Website : https://www.indiainfoline.com
Contact Details	Contact Details : 18004201004	Contact Details : 022-400710000
Total Number of Clients	Total Number of Clients : 114,238	Total Number of Clients : 437,829
Total Number of Branches	Total Number of Branches : 1200	Total Number of Branches : 900
Products *	Products : Equity, Commodity, Currency, IPO, MFs, LAS, MTF	Products : Investment banking, institutional broking, retail broking, private wealth management, and financial product distribution, currency and commodity broking
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Anand Rathi vs IIFL Orders

Orders

	Anand Rathi	IIFL
Cover Orders (CO)	Cover Orders (CO) : Yes	Cover Orders (CO) : Yes
Bracket orders / One Cancels Other (BO / OCO)	Bracket orders / One Cancels Other (BO / OCO) : Yes	Bracket orders / One Cancels Other (BO / OCO) : Yes
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) : Yes
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Anand Rathi vs IIFL Research and Advice / Trading Tips

Research and Advice / Trading Tips

	Anand Rathi	IIFL
Equity Trading Recommendation *	Equity Trading Recommendation : Yes	Equity Trading Recommendation : Yes
Equity Investment Recommendation *	Equity Investment Recommendation : Yes	Equity Investment Recommendation : Yes
Recommendation basis risk Profile *	Recommendation basis risk Profile : Yes	Recommendation basis risk Profile : Yes
Comparison *	Comparison : No	Comparison : Yes
Free Tips *	Free Tips : Yes	Free Tips : Yes
Daily Market report *	Daily Market report : Yes	Daily Market report : Yes
ETF research *	ETF research : Yes	ETF research : Yes
Quarterly Results *	Quarterly Results : Yes	Quarterly Results : Yes
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Anand Rathi vs IIFL Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

	Anand Rathi	IIFL
Availability for franchisee / AP	Availability for franchisee / AP : Yes	Availability for franchisee / AP : Yes
Investment required for Franchisee / AP	Investment required for Franchisee / AP : -	Investment required for Franchisee / AP : Rs.75,000 to Rs.2,00,000
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Anand Rathi vs IIFL Product & Services

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

	Anand Rathi	IIFL
Delivery Based Trading *	Delivery Based Trading : Yes	Delivery Based Trading : Yes
Margin Trading *	Margin Trading : Yes	Margin Trading : Yes
Call N Trade *	Call N Trade : Yes	Call N Trade : Yes
Trading in Both the exchanges *	Trading in Both the exchanges : Yes	Trading in Both the exchanges : Yes
Limit Order *	Limit Order : Yes	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 : Yes	NRI Services : Yes
SMS Alerts *	SMS Alerts : Yes	SMS Alerts : Yes
Offers Multiple Plan *	Offers Multiple Plan : Yes	Offers Multiple Plan : Yes
IPO Investment *	IPO Investment : Yes	IPO Investment : Yes
Portfolio Analysis *	Portfolio Analysis : Yes	Portfolio Analysis : Yes
Advanced Charting Features *	Advanced Charting Features : Yes	Advanced Charting Features : Yes
Brokerage Calculator *	Brokerage Calculator : Yes	Brokerage Calculator : No
Margin Calculator *	Margin Calculator : Yes	Margin Calculator : No
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 : Yes	Monthly & Yearly Plan : No
Aumtomated Trading *	Aumtomated Trading : Yes	Aumtomated Trading : No
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Anand Rathi vs IIFL Customer Services

Anand Rathi and IIFL 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:

	Anand Rathi	IIFL
Toll Free Number *	Toll Free Number : 18004201004	Toll Free Number : No
Live Chat Facility *	Live Chat Facility : No	Live Chat Facility : No
Email Facility *	Email Facility : [email protected]	Email Facility : Yes
Branch Offices *	Branch Offices : 1200+	Branch Offices : Yes
Customer Care *	Customer Care : -	Customer Care : Yes
Community Service *	Community Service : No	Community Service : Yes
Relationship Manager *	Relationship Manager : Yes	Relationship Manager : -
24/7 Support *	24/7 Support : No	24/7 Support : No
	Open Account	Open Account

Anand Rathi vs IIFL Other Investement

Anand Rathi and IIFL 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:

	Anand Rathi	IIFL
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 : Yes	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 : Yes	Insurance Services : Yes
Banking Services *	Banking Services : No	Banking Services : No
	Open Account	Open Account

Anand Rathi vs IIFL Trading Platform

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

	Anand Rathi	IIFL
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 : Yes	Desktop Mac : No
I-Pad App *	I-Pad App : Yes	I-Pad App : Yes
Virtual Trading *	Virtual Trading : No	Virtual Trading : -
iPhone Mobile App *	iPhone Mobile App : Yes	iPhone Mobile App : Yes
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	Open Account	Open Account