Anand Rathi vs Interactive Brokers 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 Interactive Brokers

Interactive Brokers, found in 1978 is currently one of the biggest discount brokers in the world. Naturally, the broker is regulated by different financial authorities according to the country, including UK's Financial Conduct Authority (FCA) and the US Securities and Exchange Commission (SEC), and India’s Securities and Exchange Board of India (SEBI). It has presence over a number of countries worldwide!

A one-stop solution for Indian residents interested in investing both in the Indian as well as the global markets.

Interactive Brokers: An Overview

Interactive Brokers has business on over 135 market destinations worldwide, where they provide service of trading stocks, options, futures, forex, fixed income and funds worldwide, executing about 1,746,000 trades per day.

Interactive Brokers has its headquarters in Greenwich, Connecticut. It functions with over 1400 employees in a number of countries like the USA, Switzerland, Canada, India, Hong Kong, UK, Australia, Hungary, Russia, Japan, China and Estonia.

In India, the

Anand Rathi vs Interactive Brokers Account Opening Charges: 2024

ChargeAnand RathiInteractive Brokers
Demat Account Opening Charges₹550 (One time)₹0
Trading Acc Opening Charges₹750 (One time)₹0
Trading Account AMC₹0₹0
Demat Account AMC₹299 from second year onward₹0

Anand Rathi vs Interactive Brokers Brokerage Charges and Plans : 2024

ChargeAnand RathiInteractive Brokers
Plan NameStandard PlanN/A
Equity Delivery0.5% - 0.15%Minimum ₹6 and Upto ₹20 per executed order
Equity Intraday0.05% -0.015%Minimum ₹6 and Upto ₹20 per executed order
Equity Futures0.05% -0.015%Minimum ₹6 and Upto ₹20 per executed order
Equity Options₹75 to ₹20Minimum ₹6 and Upto ₹20 per executed order
Currency Futures0.05% -0.015%Minimum ₹6 and Upto ₹20 per executed order
Currency Options₹75 to ₹20Minimum ₹6 and Upto ₹20 per executed order
Commodity Options0.008% - 0.05%N/A
Mutual FundN/AN/A

Anand Rathi vs Interactive Brokers Margin / Exposure: 2024

SegmentAnand RathiInteractive Brokers
Equity DeliveryN/AN/A
Equity IntradayN/AN/A
Equity FutureN/AN/A
Equity OptionsN/AN/A
Currency FutureN/AN/A
Currency OptionsN/AN/A
Commodity FutureN/AN/A
Commodity OptionsN/AN/A

Anand Rathi vs Interactive Brokers Currency Charges and Plans: 2024

Anand Rathi charge 0.05% -0.015% for Currency Futures and ₹75 to ₹20 for Currency Options whereas Interactive Brokers Charges Minimum ₹6 and Upto ₹20 per executed order for Currency futures and Minimum ₹6 and Upto ₹20 per executed order for Currency options.
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Anand RathiInteractive Brokers
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