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.
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
Upstox, another name to be included in the list of fastest growing discount brokers in India. We wonder, how much longer the list of stock brokers in India will eventually get. Every other day you hear a lot of new entrants, or existing players modifying their strategies to survive and succeed in the stock broking world.
Uptstox, formerly known as RKSV Securites, is one of the biggest discount brokers in India, funded by the likes of Ratan Tata, Kalaari Capital and GVK Davix, making the firm a dependable and safe broker for all of your investment and trading needs. Based out of Mumbai, Upstox is a wide-range broker. This stock broking platform offers a huge range of trading products and services.
Using Upstox has huge advantages, especially for traders, given its plans and cheap brokerage despite volume. Also, Upstox also offers one of the quickest trading terminals, which, any trader could tell
Charge | Anand Rathi | Upstox |
---|---|---|
Demat Account Opening Charges | ₹550 (One time) | ₹0 |
Trading Acc Opening Charges | ₹750 (One time) | ₹249 |
Trading Account AMC | ₹0 | ₹0 |
Demat Account AMC | ₹299 from second year onward | ₹300 per year (paid monthly) |
Charge | Anand Rathi | Upstox |
---|---|---|
Plan Name | Standard Plan | Basic |
Equity Delivery | 0.5% - 0.15% | ₹0 (FREE) |
Equity Intraday | 0.05% -0.015% | ₹20 per trade or 0.05% (whichever is lower) |
Equity Futures | 0.05% -0.015% | ₹20 per trade or 0.05% (whichever is lower) |
Equity Options | ₹75 to ₹20 | ₹20 per trade or 0.05% (whichever is lower) |
Currency Futures | 0.05% -0.015% | ₹20 per trade or 0.05% (whichever is lower) |
Currency Options | ₹75 to ₹20 | ₹20 per trade or 0.05% (whichever is lower) |
Commodity Options | 0.008% - 0.05% | ₹20 per trade or 0.05% (whichever is lower) |
Mutual Fund | N/A | N/A |
Segment | Anand Rathi | Upstox |
---|---|---|
Equity Delivery | N/A | 1x (no margin) |
Equity Intraday | N/A | Basic: 15x | Priority: 20x | Basic CO: 20x | Priority CO: 27x |
Equity Future | N/A | Basic: 3x | Priority: 3x | Basic CO: 5x | Priority CO: 6x |
Equity Options | N/A | Basic: 3x | Priority: 3x | Basic CO: 3x | Priority CO: 3x |
Currency Future | N/A | Basic:4x | Priority:4x | Basic CO:4x | Priority CO:5x |
Currency Options | N/A | Basic: 4x | Priority: 4x | Basic CO: 4x | Priority CO: 5x |
Commodity Future | N/A | Basic: 2.5x | Priority: 3x | Basic CO: 3x | Priority CO: 4x |
Commodity Options | N/A | N/A |