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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 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 + Discount voucher upto Rs 10,000 from Top Brands 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.
Open Account Open Account

Anand Rathi vs IIFL Account Opening & AMC Charges

Anand Rathi Trading Account Opening Fee is Rs 552 (including GST) and IIFL Trading Account Opening Fee is Rs 0 (Free) . Anand Rathi Demat Account AMC is Rs 450 from second year onward and IIFL Demat Account AMC is Rs 250 (Free for 1st year) .

Anand Rathi IIFL
Trading Account Opening Fee Trading Account Opening Fee :

Rs 552 (including GST)

Trading Account Opening Fee :

Rs 0 (Free)

Demat Account Opening Fee Demat Account Opening Fee :

Rs 0

Demat Account Opening Fee :

Rs 0

Demat Account AMC Demat Account AMC :

Rs 450 from second year onward

Demat Account AMC :

Rs 250 (Free for 1st year)

Trading Account AMC Trading Account AMC :

Rs 0

Trading Account AMC :

Rs 0

Open Account Open Account

Anand Rathi vs IIFL Brokerage Charges

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 . 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 :

0.5% - 0.15%

Equity Delivery :

Rs 20 per order

Equity Intraday Equity Intraday :

0.05% -0.015%

Equity Intraday :

Rs 20 per order

Equity Future Equity Future :

0.05% - 0.015%

Equity Future :

Rs 20 per order

Equity Options Equity Options :

Rs 75 to Rs 20

Equity Options :

Rs 20 per order

Currency Futures Currency Futures :

0.05% - 0.015%

Currency Futures :

Rs 20 per order

Currency Options Currency Options :

Rs 75 to Rs 20

Currency Options :

Rs 20 per order

Monthly Fee Monthly Fee :

NA

Monthly Fee :

NA

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

0.008% - 0.05%

Commodity Futures :

Rs 20 per order

Commodity Options Commodity Options : - Commodity Options :

Rs 20 per order

Open Account Open Account

Anand Rathi vs IIFL Exchange Transaction Charges

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%) . IIFL Exchange Transaction Charges Equity Future is Rs 210 per Cr (0.0021%) and Equity Options is Rs 5100 per Cr (0.051%) (on premium) .

Anand Rathi IIFL
Equity Delivery Equity Delivery :

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

Equity Delivery :

Rs 325 per Cr (0.00325%)

Equity Intraday Equity Intraday :

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

Equity Intraday :

Rs 325 per Cr (0.00325%)

Equity Future * Equity Future :

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

Equity Future :

Rs 210 per Cr (0.0021%)

Equity Options * Equity Options :

Rs 7000 per Cr (0.07%)

Equity Options :

Rs 5100 per Cr (0.051%) (on premium)

Currency Futures * Currency Futures :

Rs 350 per Cr (0.0035%)

Currency Futures :

Rs 210 per Cr (0.0021%)

Currency Options Currency Options :

Rs 7000 per Cr (0.07%)

Currency Options :

Rs 5100 per Cr (0.051%) (on premium)

Commodity Commodity :

Rs 350 per Cr (0.0035%)

Commodity :

Group A - Rs 280 per Cr (0.0028%)

Open Account Open Account

Anand Rathi vs IIFL Other Charges

Anand Rathi and . IIFL and Call & Trade is Rs 50 per call .

Anand Rathi IIFL
Minimum Brokerage Minimum Brokerage : - Minimum Brokerage : -
Call & Trade Call & Trade : - 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

Open Account Open Account

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 :

Trade X

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 : - 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

Open Account Open Account

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 :

Rs 0 (free)

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))

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

AMC :

Rs 250 (free for 1st year)

Dematerialisation Charges Dematerialisation Charges :

  • Rs 3 per certificate + Rs 35 per request.

Dematerialisation Charges :

Rs 15 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 :

Rs 15 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) :

Rs 25 per debit transaction

Pledge Creation Charges Pledge Creation Charges :

0.01% of value or min Rs 50 per request

Pledge Creation Charges :

Rs 10

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 15

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: Rs 0, Reconversion of MF units: Rs 0, Courier Charges: Rs 100 per request

Open Account Open Account

Anand Rathi vs IIFL Basic Details

Anand Rathi Year of Incorporation is 1994 and Total Number of Clients is 106323 and Total Number of Branches is 1200 . IIFL Year of Incorporation is 1996 and Total Number of Clients is 1139902 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 :

106,323

Total Number of Clients :

1,139,902

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

Open Account Open Account

Anand Rathi vs IIFL Orders

Orders

Anand Rathi IIFL
Cover Orders (CO) Cover Orders (CO) :

No

Cover Orders (CO) :

Yes

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

No

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

Open Account Open Account

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

Open Account Open Account

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

Open Account Open Account

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 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 :

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

Open Account Open Account

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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