Anand Rathi Review

An important step in investing in the stock market is deciding which stockbroker to use. It has the ability to significantly impact your investment returns, trading experience, and overall satisfaction. So, in today’s article, we will talk about a comprehensive review of Anand Rathi, which is one of the leading stockbrokers in India. To help you make an informed decision, we will assess numerous factors such as brokerage fees, customer support, trading platform, and much more.


Anand Rathi is a Private company headquartered in Mumbai, India which is founded in 1994 by Anand Rathi & Pradeep Gupta. Anand-Rathi is a Full Service Broker that strives to provide cost-effective buy/sell orders, helping investors to save money when in comparison with Discount Broker. However, it is vital to note that Anand Rathi work as a Discount Broker because it offers thorough investment advice and complete stock analysis to its clients. Anand Rathi is an NSE and BSE-listed company with over 1200 branches in India.

OverviewAnand Rathi
Broker TypeFull Service Broker
Type of companyPrivate
HeadquarterMumbai, India
FoundersAnand Rathi & Pradeep Gupta
Foundation Year1994
Supported ExchangesNSE, BSE, MCX, NCDEX & NSEL
Total branches1200

Anand Rathi Account opening charges

You need to open a demat account and a trading account, to start trading with Anand Rathi. So, to open a trading account with Anand Rathi, you need to pay a fee of Rs.750. However, the trading annual maintenance charges of Anand Rathi are free. And Demat annual maintenance charges are Rs.300 per Annum. There are also no fees for margin money or transfers from an offline to an online account. And Anand Rathi is registered with CDSL i.e., Central Depository Services Limited as a Depository Participant (DP).

Account Opening and Demat ChargesAnand Rathi
Trading Account Opening ChargesRs.750
Demat AMC (Annual Maintenance Charges)Rs.300 per Annum
Trading AMC (Annual Maintenance Charges)Free
Margin MoneyRs.25,000
Offline to Online ChargesNot applicable

Anand Rathi Brokerage Charges

Brokerage fees are an important factor to consider when choosing a stockbroker. Here are Anand Rathi brokerage charges for various segments:

  • Equity delivery: There are no fees for equities delivery trades with Anand Rathi This implies you can invest in equities without paying any brokerage charges.
  • Equity intraday: Anand Rathi charges a brokerage fee of 0.015% – 0.050% per order.
  • Equity futures: The brokerage cost for equity futures is 0.015% – 0.050% per order as well.
  • Equity options: Anand Rathi charges a brokerage fee of Rs.20 – Rs.75 per lot per order for trading equity options.
  • Currency: Unleash your trading potential with Anand Rathi’s dynamic 0.015% – 0.050% per order charges.
  • Commodity: For commodity options trading, Anand Rathi charges a brokerage fee of 0.008% – 0.050% per order.

Equity Brokerage Charges

Equity Brokerage ChargesAnand Rathi
Equity Delivery Brokerage0.15% – 0.50%
Equity Intraday Brokerage0.015% – 0.050%
Equity Futures Brokerage0.015% – 0.050%
Equity Options BrokerageRs.20 – Rs.75 per lot

Currency Brokerage Charges

Currency Brokerage ChargesAnand Rathi
Currency Futures Brokerage0.015% – 0.050%
Currency Options BrokerageRs.20 – Rs.75 per lot

Commodity Brokerage Charges

Commodity Brokerage ChargesAnand Rathi
Commodity Options Brokerage0.008% – 0.050%

Anand Rathi Other Charges

  • Minimum brokerage charges: At Anand Rathi, we’ve revolutionized our fee structure by introducing a unique minimum brokerage charge based on a As per Transaction.
  • Transaction brokerage charges: A transaction brokerage fee of 0.00350% of Total Turnover is to be paid by a customer.
  • SEBI turnover charges: The Securities and Exchange Board of India (SEBI) levies a 0.0002% of Total Turnover charge.
  • Stamp duty charges: The total amount of stamp duty charged is determined by the state and the type of asset.
  • GST charges: GST is charged at 18% of (Brokerage + Transaction Charges).
  • STT (Securities transaction tax): STT is levied at a rate of 0.0126% of Total Turnover by Anand Rathi.
  • Call and trade charges: If you use call and trade service, the charges of Anand Rathi are NA.
Other Brokerage ChargesAnand Rathi
Minimum Brokerage ChargesAs per Transaction
Transaction Brokerage Charges0.00350% of Total Turnover
SEBI Turnover Charges0.0002% of Total Turnover
Stamp Duty ChargesAs per the state
GST Charges18% of (Brokerage + Transaction Charges)
STT Charges0.0126% of Total Turnover
Call and Trade ChargesNA

Anand Rathi Equity Leverage

Leverage allows traders to enhance their market exposure while using a smaller quantity of capital. Anand Rathi offers Upto 14x times leverage on equity delivery, Upto 21x times leverage on equity intraday, Upto 12x times leverage on equity futures, and Upto 15x times leverage on equity options.

Here is the leverage provided by Anand Rathi:

Equity LeverageAnand Rathi
Equity DeliveryUpto 14x
Equity IntradayUpto 21x
Equity FuturesUpto 12x
Equity OptionsUpto 15x

Anand Rathi Currency Leverage

Anand Rathi also offers currency trading leverage. Leverage is available for Currency Futures up to Upto 5x times and Currency Options Upto 8x times.

Currency LeverageAnand Rathi
Currency FuturesUpto 5x
Currency OptionsUpto 8x

Anand Rathi Commodity Leverage

Anand Rathi offers Upto 14x leverage for commodity trading.

Equity LeverageAnand Rathi
CommodityUpto 14x

Anand Rathi Offers

Many stockbrokers are enticing customers with appealing deals in order to boost their client base. Here are some of the fantastic deals that Anand Rathi gives to its consumers. They give you a free stock trading account, a free demat account, and various brokerage discounts.

OffersAnand Rathi
Free Stock Trading AccountNo
Free Demat AccountNo
Flexible PlansYes
Brokerage DiscountsYes
Happy HoursNo
1 Month Free PlanNo
Holiday OffersNo
Referral ProgramNo
Zero Brokerage on Loss TradesNo

Anand Rathi Features

  • Discount Broker:Anand Rathi, a reputable online stock broker in India, offers regular investors low-cost brokerage services. It imposes a brokerage fee of As per Transaction executed, regardless of trade category, size, or exchange. They also offer Upto 21x trading leverage.
  • Range of Investment Products: Anand Rathi is a one-stop shop for all of your financial investment requirements. It allows you to trade stocks, commodities, and currencies on the BSE, NSE, and MCX. It also provides investment opportunities in mutual funds, SIPs, gold, peer-to-peer lending, initial public offerings (IPOs), and currency trading.
  • Subscription Plans: Anand Rathi paves the way for a personalized trading experience with its exclusive selection of subscription plans: the Basic Pack, Power Investor Pack, and Ultra Trader Pack. These services include a variety of features and perks, such as lower brokerage fees, research advisory, free trades, and specialised customer support.
  • Research and Advisory Services: Anand Rathi differentiates out by offering comprehensive research and advising services. It provides solutions for both short-term and long-term investment ideas, as well as derivative methods and portfolio-based investment ideas. The platform also includes a portfolio analyzer tool for evaluating the overall performance of all your investments.
  • Margin Funding: Anand Rathi provides margin funding services. These can be used to make partial payments on cash segment transactions. Anand Rathi lends the remaining balance at a low interest rate.
  • Mobile Trading App and Trading Platforms: Anand Rathi provides an easy-to-use mobile trading app, as well as a web-based trading platform and an installable trading terminal. These platforms provide flawless trading experiences and are built with cutting-edge technology. The mobile app gives users access to trading, robo-advisory, and a variety of investment choices.
  • Demat Account Services: Anand Rathi offers demat account services through its membership with CDSL. It has been designated as a top depository participant by the CDSL.
  • Low Charges: Anand Rathi is recognised in the brokerage sector for having the lowest fees. Unleash your trading potential with Anand Rathi’s 0.015% – 0.050% brokerage fee and exclusive value-add packs for enhanced benefits. 5Paisa also provides free account opening and no-brokerage mutual funds.
  • Algo Trading and Robo Advisory: Anand Rathi provides robo-advisory and algo trading services to its clients. These services enable in the automation of trading strategies and provide tailored investment advice based on risk profiles and expected returns.
  • Customer Support: Anand Rathi offers personally tailored customer service to its consumers. The power investor and ultra trader packs both feature free customer assistance.
FeaturesAnand Rathi
Equity Delivery TradingYes
Equity Intraday TradingYes
Equity Futures TradingYes
Equity Options TradingYes
Currency TradingYes
Commodity TradingYes
IPO (Initial public offering)Yes
Stocks SuggestionsNo
Robo AdvisoryNo
PMS (Portfolio Management Services)Yes
Trading InstitutionNo
Trading ExposureUpto 21x
Mutual FundsYes
SIP (Systematic Investment Plan)Yes
Forex TradingNo

Anand Rathi Advisory Services

The primary distinction between a full-service broker and a discount broker is the range of services given and the prices charged.Anand Rathi offers research papers with the top recommendations, which are developed by industry specialists. On their website, Anand Rathi also offers annual reports, as well as daily market reviews and weekly reports.

ServicesAnand Rathi
Fundamental ReportsYes
Research ReportsYes
Company ReportsYes
Annual ReportsYes
Company Stock ReviewYes
Free Stock TipsNo
IPO ReportsYes
Top PicksYes
Daily Market ReviewYes
Monthly ReportsYes
Weekly reportsYes
Offline AdvisoryYes
Relationship ManagerYes

Anand Rathi Trading Platforms

To fulfil the various needs of its consumers, the Anand Rathi trading software comprises a number of trading platforms. It was built on the IIFL trading platform, and clients have trusted it for more than two decades now. A web browser-based platform, mobile app and an installable desktop trading application are the three types of trading platforms.

Anand Rathi Trading Platforms

Desktop Trading PlatformsAnand Rathi
Desktop BrowserYes

Anand Rathi Mobile App

Anand Rathi offers mobile trading through the Anand Rathi app, including BSE/NSE trading and robo-advisory services. This app is compatible with iOS, Android, and mobile browsers. With the software, users are able to buy stocks, trade futures and options, and invest in mutual funds, exchange traded funds, bonds, and other investments.

Mobile AppAnand Rathi
Mobile BrowserYes
Android AppYes
iOS AppYes
Windows AppNo
Other Mobile OSNo

Anand Rathi Customer Support

  • Online trading support: Anand Rathi can assist customers with online trading. A range of trading platforms are available for traders, including mobile apps, online browsers, and desktop programs.
  • 24*7 support: Anand Rathi offers its consumers 24-hour support. The customer service team is available and accessible 24/7, which means you can contact them at any time, even during non-business hours.
  • Email support: Customers can contact Anand Rathi5Paisa’s customer support staff via email if they require assistance. Customers can send their queries and issues to the company’s email address.
Customer SupportAnand Rathi
Relationship ManagerYes
Offline TradingYes
Online TradingYes
24 * 7 SupportNo
Email SupportYes
Chat SupportNo
Toll free numberNo
Support Branches120

Anand Rathi Complaints

Brokerage firms can assess the quality and reliability of their services by evaluating how many complaints they receive. There are a total of 152 BSE complaints, of which 124 have been resolved, which amounts to 81.58% in percentage terms. And, when it comes to NSE complaints, there are 112 of them, with 86 of them resolved, for a percentage of 76.79 %. And the percentage of BSE/NSE complaints resolved is 79.38 %

The table below highlights the complaints acquired by Anand Rathi.

BSE ComplaintsAnand Rathi
BSE Complaints152
BSE Resolved Complaints124
Percentage of resolved BSE complaints81.58%
NSE Complaints112
NSE Resolved Complaints86
Percentage of resolved NSE complaints76.79 %
BSE/NSE Complaint vs. Resolved Percentage79.38 %


In conclusion, Explore Anand Rathi’s intuitive platforms for a diverse range of trading and investment opportunities, tailored to your needs. It is one of the best possibilities for investors, with low prices and a wide range of investment prospects. However, the absence of comprehensive customer support, as well as the number of consumer complaints, are cause for concern. In light of all the features and user experience, Anand Rathi can be considered a good stock broker, but you must carefully evaluate the pros and cons before choosing it.