Anand Rathi vs Zerodha 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 Zerodha
Zerodha, a Bangalore based company, a pioneer in stock broking, is the biggest and one of the best and most popular stock brokers in India. The one of its kind, discount broking model was introduced by this leading broker few years back. And, now there's no looking back! It's online flat fee discount brokerage model has set an example to be followed by various other trading platforms across India. Ranked amongst the Top Discount Brokers in India, Zerodha holds a very strong position in terms of trading volumes and a massive and growing customer base. 
Zerodha: Overview
Incorporated in the year 2010 by Nitin Kamath, an engineer turned stock broker cum budding entrepreneur who nurtured the company with his ideas and innovation, Zerodha gained huge popularity within a short span. It has turned to be the leading stock broker in India, may it be
Anand Rathi vs Zerodha Account Opening Charges: 2024
| Charge | Anand Rathi | Zerodha |
|---|---|---|
| Demat Account Opening Charges | ₹550 (One time) | ₹0 (Free) |
| Trading Acc Opening Charges | ₹750 (One time) | ₹200 (Equity) + Rs.100 (Commodity) |
| Trading Account AMC | ₹0 | ₹0 (Free) |
| Demat Account AMC | ₹299 from second year onward | ₹300 per year |
Anand Rathi vs Zerodha Brokerage Charges and Plans : 2024
| Charge | Anand Rathi | Zerodha |
|---|---|---|
| Plan Name | Standard Plan | Flat Brokerage Plan |
| Equity Delivery | 0.5% - 0.15% | ₹0 (Free) |
| Equity Intraday | 0.05% -0.015% | Flat ₹20 or 0.03% (whichever is lower) per executed order |
| Equity Futures | 0.05% -0.015% | Flat ₹20 or 0.03% (whichever is lower) per executed order |
| Equity Options | ₹75 to ₹20 | Flat ₹20 or 0.03% (whichever is lower) per executed order (on Turnover) |
| Currency Futures | 0.05% -0.015% | Flat ₹20 or 0.03% (whichever is lower) per executed order |
| Currency Options | ₹75 to ₹20 | Flat ₹20 or 0.03% (whichever is lower) per executed order |
| Commodity Options | 0.008% - 0.05% | Flat ₹20 or 0.03% (whichever is lower) per executed order |
| Mutual Fund | N/A | ₹0 (Free Unlimited Direct MF) |
Anand Rathi vs Zerodha Margin / Exposure: 2024
| Segment | Anand Rathi | Zerodha |
|---|---|---|
| Equity Delivery | N/A | 1x (no margin) |
| Equity Intraday | N/A | Up to 20x (based on the stock) |
| Equity Future | N/A | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Equity Options | N/A | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Currency Future | N/A | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Currency Options | N/A | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Total margin (Span+ Exposure) |
| Commodity Future | N/A | Intraday - 40%(2.5x), Carry forward - 100%(1x) of Span |
| Commodity Options | N/A | N/A |