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Anand Rathi vs Firstock (Compare Anand Rathi and Firstock)

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

Anand Rathi

Open Account

Firstock

	Anand Rathi	Firstock

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

Firstock :

Incorporated in 2021, Firstock Broking Pvt. Ltd is a tech-driven discount broking platform offering seamless investing in Stocks, F&O, ETFs, SGBs, G-Secs, and Stock SIPs. Enjoy free deliver >>> more

Find More Information about the Broker :

Anand Rathi :

OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING

Firstock :

OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS

Type of Broker

Anand Rathi :

Full Service Broker

Firstock :

Discount Broker

Promo/offers

Anand Rathi :

Special Offer: Rs 0 Account Opening Charges + FREE Stock Tips & Research Request a Callback.

Firstock :

N/A

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.

Firstock :

✔ What Firstock Does Well

✓	₹0 delivery brokerage
✓	₹0 AMC lifetime + ₹0 account opening
✓	₹0 pledge charges — rare benefit for margin traders
✓	₹0 payment gateway — add funds without any charge
✓	₹0 direct MF investment charges
✓	Free API for algo trading
✓	TradingView-integrated charts across web & desktop
✓	GTT orders, basket orders, strategy builder
✓	NRI accounts (NRE + NRO, PIS + non-PIS)
✓	MF, IPO, G-Secs, Sovereign Gold Bonds, ETFs — wide product range
✓	Desktop .exe + web + mobile triple platform

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

Firstock :

✘ Where Firstock Falls Short

✗	Very new brand (Firstock since June 2025) — limited public track record and review data
✗	Small user base (25,000+ active) — less stress-tested infrastructure vs major brokers
✗	No commodity trading (MCX)
✗	Call & Trade: ₹50+GST per order — high for a smaller broker
✗	Auto square-off: ₹50+GST per order
✗	DDPI charge: ₹100+GST one-time
✗	Login delay issues reported during heavy market sessions
✗	Bangalore-only head office; no physical branch presence
✗	F&O brokerage ₹20 is standard, not a differentiator

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.

Firstock :

They offer a wide range of services, including Equity (Stocks), Futures & Options (F&O), ETFs (Exchange Traded Funds), Sovereign Gold Bonds (SGBs), Government Securities (G-Secs), and Stock SIPs.
You can access trading through their feature-rich mobile app, web platform, and desktop Exe, catering to all types of traders.
You can unlock additional margin instantly using existing holdings, allowing you to maximize your trading capacity without selling assets.
Get instant trade updates, market alerts, and notifications, helping you stay on top of market movements and act swiftly.
Analyze company performance with interactive charts and detailed financial reports, helping you make well-informed, research-backed investment decisions.
The account opening process is easy and paperless, with instant verification via Aadhaar and DigiLocker.
They offer a Discount Plan with brokerage charges as low as Rs 20 per executed order across various segments, including Equity Delivery, Intraday, Futures, Options, Currency, and Commodity.

Open Account

Anand Rathi vs Firstock Account Opening & AMC Charges

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

	Anand Rathi	Firstock
Trading Account Opening Fee	Trading Account Opening Fee : Rs 0 (Free)	Trading Account Opening Fee : ₹0
Demat Account Opening Fee	Demat Account Opening Fee : Rs 0 (Free)	Demat Account Opening Fee : ₹0
Demat Account AMC	Demat Account AMC : Rs 450 (1st year free)	Demat Account AMC : ₹0
Trading Account AMC	Trading Account AMC : Rs 0 (Free)	Trading Account AMC : ₹0

Anand Rathi vs Firstock 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 . Firstock Brokerage Charges

	Anand Rathi	Firstock
Plan Name	Plan Name : Standard Plan	Plan Name : Standard Plan
Equity Delivery	Equity Delivery : 0.30%	Equity Delivery : ₹0
Equity Intraday	Equity Intraday : 0.03%	Equity Intraday : ₹20 per executed order
Equity Future	Equity Future : 0.03%	Equity Future : ₹20 per order, 0.03% or whichever is lower
Equity Options	Equity Options : Rs 50 per lot	Equity Options : ₹20 per order, 0.03% or whichever is lower
Currency Futures	Currency Futures : 0.03%	Currency Futures : -
Currency Options	Currency Options : Rs 25 per lot	Currency Options : -
Monthly Fee	Monthly Fee : NA	Monthly Fee : -
Margin Trading	Margin Trading : -	Margin Trading : -
Commodity Futures	Commodity Futures : 0.03%	Commodity Futures : -
Commodity Options	Commodity Options : Rs 250 per lot	Commodity Options : -

Anand Rathi vs Firstock 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) . Firstock Exchange Transaction Charges Equity Future is ₹20 per order, 0.03% or whichever is lower and Equity Options is ₹20 per order, 0.03% or whichever is lower .

	Anand Rathi	Firstock
Equity Delivery	Equity Delivery : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (each side)	Equity Delivery : ₹0
Equity Intraday	Equity Intraday : NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (sell side)	Equity Intraday : Rs 20 per executed order
Equity Future *	Equity Future : NSE Rs 190 per Cr (0.0019%) \| BSE Rs 0	Equity Future : ₹20 per order, 0.03% or whichever is lower
Equity Options *	Equity Options : NSE Rs 5000 per Cr (0.05%) \| BSE Rs 3700 per Cr (0.037%) (on premium)	Equity Options : ₹20 per order, 0.03% or whichever is lower
Currency Futures *	Currency Futures : NSE Rs 90 per Cr (0.0009%) \| BSE Rs 90 per Cr (0.0009%)	Currency Futures : -
Currency Options	Currency Options : NSE Rs 4000 per Cr (0.04%) \| BSE Rs 100 per Cr (0.001%) (on premium)	Currency Options : -
Commodity	Commodity : Rs 350 per Cr (0.0035%)	Commodity : -

Anand Rathi vs Firstock Other Charges

Anand Rathi Minimum Brokerage is Rs 25 and Call & Trade is Rs 0 (Free) . Firstock and Call & Trade is ₹50 .

	Anand Rathi	Firstock
Minimum Brokerage	Minimum Brokerage : Rs 25	Minimum Brokerage : -
Call & Trade	Call & Trade : Rs 0 (Free)	Call & Trade : ₹50
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) : -
Other Miscellaneous Charges	Other Miscellaneous Charges : -	Other Miscellaneous Charges : -

Anand Rathi vs Firstock Features

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

	Anand Rathi	Firstock
Trading Platform	Trading Platform : TradeMobi, Trade Xpress+ and Tr@de XÃ¢â‚¬â„¢pro	Trading Platform : Trade & Invest: Mobile App, Desktop Exe, Web
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 : No
Unique features & Offers	Unique features & Offers : -	Unique features & Offers : -
Referral Program	Referral Program : 1	Referral Program : Yes
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

Anand Rathi vs Firstock Demat Account Charges

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

	Anand Rathi	Firstock
Depository Service Provider	Depository Service Provider : CDSL, NSDL	Depository Service Provider : CDSL and NSDL
Account Opening Fee	Account Opening Fee : Nil	Account Opening Fee : ₹0
Advance Deposit	Advance Deposit : Nil	Advance Deposit : -
AMC	AMC : Scheme I: Rs 450 (Free for 1st Year) Scheme II : Nil (with credit balance of Rs 3000 (refundable))	AMC : ₹0
Dematerialisation Charges	Dematerialisation Charges : Rs 3 per certificate + Rs 35 per request.	Dematerialisation Charges : ₹150 (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 : ₹150 (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) : Sell-Rs.8-+ Rs.5.50/- + GST (CDSL Charges)
Pledge Creation Charges	Pledge Creation Charges : 0.01% of value or min Rs 50 per request	Pledge Creation Charges : -
Pledge Creation Confirmation Charges	Pledge Creation Confirmation Charges : Nil	Pledge Creation Confirmation Charges : -
Pledge Invocation Charges	Pledge Invocation Charges : 0.01% of value or min Rs 50 per request	Pledge Invocation Charges : -
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 : -

Anand Rathi vs Firstock Basic Details

Anand Rathi Year of Incorporation is 1994 and Total Number of Clients is 114238 and Total Number of Branches is 1200 . Firstock Year of Incorporation is 2021 and and .

	Anand Rathi	Firstock
Year of Incorporation	Year of Incorporation : 1994	Year of Incorporation : 2021
Active Exchange Memberships	Active Exchange Memberships : BSE, NSE, MCX, NCDEX	Active Exchange Memberships : NSE, BSE
Demat Services	Demat Services : No	Demat Services : CDSL, NSDL
Website	Website : www.anandrathi.com	Website : https://www.firstock.in/
Contact Details	Contact Details : 18004201004	Contact Details : 080 4670 2050
Total Number of Clients	Total Number of Clients : 114,238	Total Number of Clients : -
Total Number of Branches	Total Number of Branches : 1200	Total Number of Branches : -
Products *	Products : Equity, Commodity, Currency, IPO, MFs, LAS, MTF	Products : Equity, F&O, ETFs, SGBs

Anand Rathi vs Firstock Orders

Orders

	Anand Rathi	Firstock
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

Anand Rathi vs Firstock Research and Advice / Trading Tips

Research and Advice / Trading Tips

	Anand Rathi	Firstock
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 : Yes
Quarterly Results *	Quarterly Results : Yes	Quarterly Results : No

Anand Rathi vs Firstock Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

	Anand Rathi	Firstock
Availability for franchisee / AP	Availability for franchisee / AP : Yes	Availability for franchisee / AP : No
Investment required for Franchisee / AP	Investment required for Franchisee / AP : -	Investment required for Franchisee / AP : No

Anand Rathi vs Firstock Product & Services

Anand Rathi and Firstock 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	Firstock
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 : No
IPO Investment *	IPO Investment : Yes	IPO Investment : Yes
Portfolio Analysis *	Portfolio Analysis : Yes	Portfolio Analysis : No
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 : -
Bracket Orders & Trailing Stop Loss *	Bracket Orders & Trailing Stop Loss : Yes	Bracket Orders & Trailing Stop Loss : -
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 : No
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 : Yes

Anand Rathi vs Firstock Customer Services

Anand Rathi and Firstock 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	Firstock
Toll Free Number *	Toll Free Number : 18004201004	Toll Free Number : Yes
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 : No
Customer Care *	Customer Care : -	Customer Care : Yes
Community Service *	Community Service : No	Community Service : No
Relationship Manager *	Relationship Manager : Yes	Relationship Manager : No
24/7 Support *	24/7 Support : No	24/7 Support : No

Anand Rathi vs Firstock Other Investement

Anand Rathi and Firstock 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	Firstock
Commodity Trading *	Commodity Trading : Yes	Commodity Trading : No
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

Anand Rathi vs Firstock Trading Platform

Anand Rathi and Firstock 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	Firstock
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 : No
Virtual Trading *	Virtual Trading : No	Virtual Trading : -
iPhone Mobile App *	iPhone Mobile App : Yes	iPhone Mobile App : Yes
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