Anand Rathi vs Indiabulls Comparison: 2024
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
About Indiabulls
India bulls ventures Ltd. is a flagship company of the Indiabulls group operating in the capital market since 1999 with multiple subsidiary companies fields like housing finance, personal wealth as well as a presence in Real estate, pharmaceuticals, and infrastructure sector.
Formerly known as Indiabulls Securities Ltd, it re-launched its trading platform under the name \Indiabulls Shubh\ in 2019. It is one of the largest discount brokers in India with a client base of approximately 7 lakhs spread across 18 cities.
India Bulls Stock Broker: An overview
The broking venture under the India bulls company is known in the market by the name of 'Shubh'. this broking firm was founded in 1995 by Sameer Gehlot and has managed to gain nationwide recognition and trust ever since. This Mumbai-based firm provides integrated financial services such as Stock broking, Demat account, Equity Research, and Margin Funding.
India bulls Shubh pioneered the online trading platform facility
Anand Rathi vs Indiabulls Account Opening Charges: 2024
| Charge | Anand Rathi | Indiabulls |
|---|---|---|
| Demat Account Opening Charges | ₹550 (One time) | ₹0 |
| Trading Acc Opening Charges | ₹750 (One time) | ₹500 |
| Trading Account AMC | ₹0 | ₹0 |
| Demat Account AMC | ₹299 from second year onward | ₹450 |
Anand Rathi vs Indiabulls Brokerage Charges and Plans : 2024
| Charge | Anand Rathi | Indiabulls |
|---|---|---|
| Plan Name | Standard Plan | Equity Unlimited Trade Plan |
| Equity Delivery | 0.5% - 0.15% | ₹0 |
| Equity Intraday | 0.05% -0.015% | ₹0 |
| Equity Futures | 0.05% -0.015% | ₹15 per trade |
| Equity Options | ₹75 to ₹20 | ₹15 per trade |
| Currency Futures | 0.05% -0.015% | ₹15 per trade |
| Currency Options | ₹75 to ₹20 | ₹15 per trade |
| Commodity Options | 0.008% - 0.05% | 0.03% |
| Mutual Fund | N/A | N/A |
Anand Rathi vs Indiabulls Margin / Exposure: 2024
| Segment | Anand Rathi | Indiabulls |
|---|---|---|
| Equity Delivery | N/A | 1x (No margin) |
| Equity Intraday | N/A | Upto 5x |
| Equity Future | N/A | Intra-day: 4x | Carry forward: 1x |
| Equity Options | N/A | Intra-day: 4x | Carry forward: 1x |
| Currency Future | N/A | Intra-day: 2x | Carry forward: 1x |
| Currency Options | N/A | Intra-day: 2x | Carry forward: 1x |
| Commodity Future | N/A | N/A |
| Commodity Options | N/A | N/A |