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Anand Rathi vs Zerodha (Compare Anand Rathi and Zerodha)

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

Anand Rathi Zerodha
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

Zerodha :

Zerodha is the innovator of the discount broking model in India, Infect, it brought the concept of discount broking in India and post that    >>> more

Find More Information about the Broker :
Anand Rathi :
OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Zerodha :
OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker
Anand Rathi :
 Full Service Broker
Zerodha :
 Discount Broker
Promo/offers
Anand Rathi :
Special Offer: Rs 0 Account Opening Charges + FREE Stock Tips & Research Request a Callback.
Zerodha :
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.
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.
Zerodha :
  •  No Brokerage on Equity delivery & Mutual Fund.
  •  Flat rate for stock trading.
  •  Own DP services.
  •  Strong Customer service .
  •  Good Brokerage & Margin Calculator.
  •  Offers up to 20x leverage on intraday trading.
  •  Offers most advanced online trading tools.
  •  Offers facility to apply on-line IPO .
  •  Zerodha offers referral program to its customers.
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
Zerodha :
  •  No margin funding.
  •  Very High charges on Call and Trade @ ₹50 per call.
  •  Charges on Funds Transfer @ ₹9 per fund transfer.
  •  Charges on SMS Tradw alerts.₹1 for Equity, F&O, and Currency trade alerts and ₹0.50 for Commodity
  •  Additional charge of ₹50 per executed order for MIS/BO/CO positions which are not square off by the customer.
  •  Doesn't provide stock tips, research reports or recommendations.
  •  Doesn't offer Unlimited Trading Plans.
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.
Zerodha :
  •  Zerodha Charge flat rate of ₹20 per executed order.
  •  Zerodha does not charge any brokerage on Equity delivery transactions.
  •  Zerodha provides platform to invest in mutual funds.
  •  Innovative trading platform.
  •  No upfront fee, no minimum brokerage and no minimum contract charges.
  • The largest stockbroker by active clients, market volume.
  • Zero brokerage Direct Mutual Funds. 
  • Offers up to 20x leverage on intraday trading. 
Open Account Open Account

Anand Rathi vs Zerodha Account Opening & AMC Charges

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

Anand Rathi Zerodha
Trading Account Opening Fee Trading Account Opening Fee :

Rs 0 (Free)

Trading Account Opening Fee :

Rs 200

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 300

Trading Account AMC Trading Account AMC :

Rs 0 (Free)

Trading Account AMC :

Rs 0 (Free)

Open Account Open Account

Anand Rathi vs Zerodha 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 . Zerodha Brokerage Charges Equity Delivery is Rs 0 (Free) and Equity Intraday is Rs 20 per executed order or .03% whichever is lower and Equity Options is Rs 20 per executed order .

Anand Rathi Zerodha
Plan Name Plan Name :

Standard Plan

Plan Name :

Standard Plan

Equity Delivery Equity Delivery :

0.30%

Equity Delivery :

Rs 0 (Free)

Equity Intraday Equity Intraday :

0.03%

Equity Intraday :

Rs 20 per executed order or .03% whichever is lower

Equity Future Equity Future :

0.03%

Equity Future :

Rs 20 per executed order or .03% whichever is lower

Equity Options Equity Options :

Rs 50 per lot

Equity Options :

Rs 20 per executed order

Currency Futures Currency Futures :

0.03%

Currency Futures :

Rs 20 per executed order or .03% whichever is lower

Currency Options Currency Options :

Rs 25 per lot

Currency Options :

Rs 20 per executed order or .03% whichever is lower

Monthly Fee Monthly Fee :

NA

Monthly Fee : -
Margin Trading Margin Trading : - Margin Trading :

Rs 20

Commodity Futures Commodity Futures :

0.03%

Commodity Futures :

Rs 20 per executed order or .03% whichever is lower

Commodity Options Commodity Options :

Rs 250 per lot

Commodity Options :

Rs 20 per executed order or .03% whichever is lower

Open Account Open Account

Anand Rathi vs Zerodha 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) . Zerodha Exchange Transaction Charges Equity Future is NSE Rs 190 per Cr (0.0019%) | BSE Rs 0 and Equity Options is NSE Rs 5050 per Cr (0.0505%) | BSE Rs 500 per Cr (0.005%) (on premium) .

Anand Rathi Zerodha
Equity Delivery Equity Delivery :

NSE Rs 325 per Cr (0.00325%) | BSE Rs 375 per Cr (0.00375%) (each side)

Equity Delivery :

NSE Rs 335 per Cr (0.00335%) | 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 335 per Cr (0.00335%) | 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 5050 per Cr (0.0505%) | BSE Rs 500 per Cr (0.005%) (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 3500 per Cr (0.035%) | BSE Rs 100 per Cr (0.001%) (on premium)

Commodity Commodity :

Rs 350 per Cr (0.0035%)

Commodity :

Group A - Rs 260 per Cr (0.0026%)

Open Account Open Account

Anand Rathi vs Zerodha Other Charges

Anand Rathi Minimum Brokerage is Rs 25 and Call & Trade is Rs 0 (Free) . Zerodha Minimum Brokerage is 0.03% in Intraday and F&O and Call & Trade is Rs 50 per executed order .

Anand Rathi Zerodha
Minimum Brokerage Minimum Brokerage :

Rs 25

Minimum Brokerage :

0.03% in Intraday and F&O

Call & Trade Call & Trade :

Rs 0 (Free)

Call & Trade :

Rs 50 per executed order

Stamp Duty * Stamp Duty : - Stamp Duty :

Delivery: 0.015%, Intraday: 0.003%,

DP Charges (on sell side) DP Charges (on sell side) : - DP Charges (on sell side) :

₹13.5 per scrip

Other Miscellaneous Charges Other Miscellaneous Charges : - Other Miscellaneous Charges :

Physical contact notes: Rs 20, Trade SMS Alerts: Rs 1 per SMS

Open Account Open Account

Anand Rathi vs Zerodha Features

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

Anand Rathi Zerodha
Trading Platform Trading Platform :

TradeMobi, Trade Xpress+ and Tr@de X’pro

Trading Platform :

Kite Web, Kite Mobile for Android/iOS and Coin

Placing orders through charts Placing orders through charts :

No

Placing orders through charts :

Yes

Trading Alerts Trading Alerts :

Yes

Trading Alerts :

Yes

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

Yes

Research and Advice / Trading Tips :

No

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 :

1

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) :

Yes

Open Account Open Account

Anand Rathi vs Zerodha Demat Account Charges

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

Anand Rathi Zerodha
Depository Service Provider Depository Service Provider :

CDSL, NSDL

Depository Service Provider :

CDSL

Account Opening Fee Account Opening Fee :

Nil

Account Opening Fee :

Rs 50 (Stamp charges payable upfront)

Advance Deposit Advance Deposit :

Nil

Advance Deposit :

Rs 0

AMC AMC :

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

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

AMC :

Individuals/Non Individual (except Corporate) - Rs 300 + GST
Non Individual - Corporate - Rs 1000

Dematerialisation Charges Dematerialisation Charges :

  • Rs 3 per certificate + Rs 35 per request.

Dematerialisation Charges :

Rs 150 per certificate (+ Rs 100 Courier charges)

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 :

Rs 150 per certificate + CDSL charges + Rs 100 Courier charges

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) :

Rs 8 + Rs 5.5 (CDSL charges)

Pledge Creation Charges Pledge Creation Charges :

0.01% of value or min Rs 50 per request

Pledge Creation Charges :

Rs 30 per request + GST

Pledge Creation Confirmation Charges Pledge Creation Confirmation Charges :

Nil

Pledge Creation Confirmation Charges :

Rs 0

Pledge Invocation Charges Pledge Invocation Charges :

0.01% of value or min Rs 50 per request

Pledge Invocation Charges :

Rs 20

Failed Instruction Charges Failed Instruction Charges :

Rs 25 per Instruction

Failed Instruction Charges :

Rs 50 per ISIN

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 :

  • Cheque Bounce: Rs 350
  • Physical Statement - Rs 50 (+Courier charges at actual)
  • Modification in CML - Rs 25 per request
  • KRA Upload / Download - Rs 50 per request

Note: Interest at 18% p.a is charged on the outstanding bill amount if not paid within the due date.

Open Account Open Account

Anand Rathi vs Zerodha Basic Details

Anand Rathi Year of Incorporation is 1994 and Total Number of Clients is 114238 and Total Number of Branches is 1200 . Zerodha Year of Incorporation is 2010 and Total Number of Clients is 7223525 and Total Number of Branches is 22 .

Anand Rathi Zerodha
Year of Incorporation Year of Incorporation :

1994

Year of Incorporation :

2010

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 :

No

Website Website : www.anandrathi.com Website : https://zerodha.com
Contact Details Contact Details :

18004201004

Contact Details :

080-40402020

Total Number of Clients Total Number of Clients :

114,238

Total Number of Clients :

7,223,525

Total Number of Branches Total Number of Branches :

1200

Total Number of Branches :

22

Products * Products :

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

Products :

Kite Web, Kite Mobile for Android/iOS and Coin

Open Account Open Account

Anand Rathi vs Zerodha Orders

Orders

Anand Rathi Zerodha
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) :

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) :

No

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

Yes

Sell Today Buy Tomorrow (STBT) :

No

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

No

Good Till Cancelled (GTC) :

Yes

Open Account Open Account

Anand Rathi vs Zerodha Research and Advice / Trading Tips

Research and Advice / Trading Tips

Anand Rathi Zerodha
Equity Trading Recommendation * Equity Trading Recommendation :

Yes

Equity Trading Recommendation :

No

Equity Investment Recommendation * Equity Investment Recommendation :

Yes

Equity Investment Recommendation :

No

Recommendation basis risk Profile * Recommendation basis risk Profile :

Yes

Recommendation basis risk Profile :

No

Comparison * Comparison :

No

Comparison :

No

Free Tips * Free Tips :

Yes

Free Tips :

No

Daily Market report * Daily Market report :

Yes

Daily Market report :

No

ETF research * ETF research :

Yes

ETF research :

No

Quarterly Results * Quarterly Results :

Yes

Quarterly Results :

No

Open Account Open Account

Anand Rathi vs Zerodha Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

Anand Rathi Zerodha
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.11,000

Open Account Open Account

Anand Rathi vs Zerodha Product & Services

Anand Rathi and Zerodha 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 Zerodha
Delivery Based Trading * Delivery Based Trading :

Yes

Delivery Based Trading :

Yes

Margin Trading * Margin Trading :

Yes

Margin Trading :

No

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 :

No

Offers Multiple Plan * Offers Multiple Plan :

Yes

Offers Multiple Plan :

No

IPO Investment * IPO Investment :

Yes

IPO Investment :

No

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 :

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 :

Yes

Monthly & Yearly Plan :

No

Aumtomated Trading * Aumtomated Trading :

Yes

Aumtomated Trading :

No

Open Account Open Account

Anand Rathi vs Zerodha Customer Services

Anand Rathi and Zerodha 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 Zerodha
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 :

No

24/7 Support * 24/7 Support :

No

24/7 Support :

No

Open Account Open Account

Anand Rathi vs Zerodha Other Investement

Anand Rathi and Zerodha 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 Zerodha
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 :

No

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

Yes

Investment in Corporate Debt instruments :

No

Insurance Services * Insurance Services :

Yes

Insurance Services :

No

Banking Services * Banking Services :

No

Banking Services :

No

Open Account Open Account

Anand Rathi vs Zerodha Trading Platform

Anand Rathi and Zerodha 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 Zerodha
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 :

No

iPhone Mobile App * iPhone Mobile App :

Yes

iPhone Mobile App :

Yes

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