ICICI Direct vs Anand Rathi Comparison: 2024
About ICICI Direct
ICICI Direct is a retail broking branch of the ICICI group: India's top financial services provider. It is a full-time stockbroking company with a presence in 87 locations across the country with more 200 offices serving over 20 lakh customers every day. It is the 2nd largest stock broking company in India succeeded by Zerodha Ltd. This retail trading and investment platform offers a wide range of services to invest in stocks and other financial instruments.
ICICI Direct: Overview
The online share trading platform provides a complete investing and trading solution via products like equity trading, derivative trading, mutual funds, bonds, IPOs, NCD, loans, Fixed deposits , insurance etc all in one platform.From complete financial goal based planning to intraday trading in the stock market, ICICI direct is a one-stop solution.
The USP of this firm is the 3-in-1 account service which includes ICICI bank account, trading account and Demat account for
About Anand Rathi
Named after the Founder himself, Anand Rathi is one of the pioneers of stockbrokers in India. It has managed to outrank several competitors over the years and maintain its position as one of the top and most-sought-after stockbrokers. The company is a complete financial solution including services ranging from asset management to insurance and stock trading. Anand Rathi's PAN-India and tech-savvy operations makes them stand out of crowd. They have bagged several awards for the same in the past decades.
Anand Rathi: An Overview
The Anand Rathi is a full-service brokerage firm offering insightful research and advice to the traders and investors. Based in Mumbai, the company is a public sector company i.e. listed on the stock exchange. It is spread through a network of 350 branches and more than 1500 franchises in India and some parts of Dubai and Bangkok. They soon aim to expand their global position.
Founded in 1994
ICICI Direct vs Anand Rathi Account Opening Charges: 2024
| Charge | ICICI Direct | Anand Rathi |
|---|---|---|
| Demat Account Opening Charges | ₹0 | ₹550 (One time) |
| Trading Acc Opening Charges | ₹975 (One-time) | ₹750 (One time) |
| Trading Account AMC | ₹0 | ₹0 |
| Demat Account AMC | ₹700 per year | ₹299 from second year onward |
ICICI Direct vs Anand Rathi Brokerage Charges and Plans : 2024
| Charge | ICICI Direct | Anand Rathi |
|---|---|---|
| Plan Name | I-Secure Plan | Standard Plan |
| Equity Delivery | 0.55% | 0.5% - 0.15% |
| Equity Intraday | 0.275% | 0.05% -0.015% |
| Equity Futures | 0.050% | 0.05% -0.015% |
| Equity Options | ₹95 per lot and Option (Intraday) ₹50 per lot | ₹75 to ₹20 |
| Currency Futures | 0.050% and Currency Futures(Intraday) ₹50 | 0.05% -0.015% |
| Currency Options | ₹25 per lot and Currency Options (Intraday) ₹10 per lot | ₹75 to ₹20 |
| Commodity Options | N/A | 0.008% - 0.05% |
| Mutual Fund | N/A | N/A |
ICICI Direct vs Anand Rathi Margin / Exposure: 2024
| Segment | ICICI Direct | Anand Rathi |
|---|---|---|
| Equity Delivery | 5x | N/A |
| Equity Intraday | Upto 25x | N/A |
| Equity Future | 4x | N/A |
| Equity Options | 2x for shorting | N/A |
| Currency Future | N/A | N/A |
| Currency Options | N/A | N/A |
| Commodity Future | N/A | N/A |
| Commodity Options | N/A | N/A |