Find out everything about Anand Rathi Review here. Anand Rathi initiated its operations in 1994 and is known to be one of the country’s finest financial service providers.
Anand Rathi has one of the biggest ranges of investment services like equity options, currency options, futures, commodities, future stocks, etc.
They do provide corporate loans and insurance options for dedicated users. However, Anand Rathi does provide no fee advisory services to their clients.
This Anand Rathi Review will help you know about the broker and its process, products, and offers. In this review, you can also look at Anand Rathi Charges to learn more about the platform.
Broker Type | Full Service Broker |
Active Clients | 1 Lakh+ |
Account Opening Charges | Free |
AMC | Rs.450 per Year (1st Year Free) |
Delivery Charges | 0.30% of Transaction Value |
Intraday Charges | 0.03% of Transaction Value |
Anand Rathi - Company Overview
Company Type
Headquarters
Founder
Establishment Year
Why trade or invest with Anand Rathi?
Here is the list of some key points that any user should consider if he is choosing to open an Anand Rathi account for trading:
- Starting their operations in 1994, the broker has been offering their dedicated products in the finance industry for more than 25 years, which is one of the reasons why they are one of the best in their sector in India.
- The Company has more than 100 branches and has employed about 1200+sub-brokers as the Company is said to have a strong presence in Dubai and India.
- Anand Rathi, a full-service broker, has more than one lakh active clients nationwide.
- Their trading platforms, like Trade mobi, TradeX’Pro, etc., are among the best in the industry, offering a great user experience to the traders.
Anand Rathi Brokerage Charges
Brokerage Plan
Subscription Charges
Equity Delivery
Equity Intraday
Equity Future
Equity Option
Commodity Future
Commodity Option
Currency Future
Currency Option
Proceeding ahead, let’s look at Anand Rathi brokerage charges. They have set zero subscription charges, which makes the Anand Rathi services accessible to everyone.
For equity delivery, the brokerage charges are 0.30% of the transaction value. On the other hand, for equity trading and the future, the brokerage charges are 0.03% of the transaction value.
However, the broker has flat rates of 50 and 25 INR for equity and commodity options, respectively.
Looking at Commodity futures, the charges are 0.03% of the transaction value, and the flare rate for currency options is 25 INR.
The rates are quite competitive, and their services are known to be one of the industry’s best.
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How to open Anand Rathi Demat account?
If you are looking forward to opening an Anand Rathi demat account, then they can follow the procedure listed below:
- To start, you need to fill out the form provided below.
- Enter all your personal details as asked.
- An executive from Anand Rathi will give a call and explain the procedure for opening a demat account.
- Going forward, you need to enter the Pan number and mention the segment you would like to trade in commodities or equities as per the guidance given by the executive.
- Also, select the brokerage plan as per your feasibility and look at the charges.
- Reach out to the DigiLocker
- Aadhar card number needs to be mentioned.
- Now type your OTP received on the number linked with your Aadhaar card.
- To grant permission to access the DigiLocker, kindly click on the “Allow” button.
- Tap on the submit button.
- The next step consisted of your details.
- Please choose the category for the commodity and select your preferred nomination option.
- Fill up your bank details and e-sign the form.
The account opening procedure is complete after completing the above steps successfully.
Types of Anand Rathi Review App, Trading Platforms & Tools
Android App
iOS App
Web Trading Platform
Trading Terminal
Algo Trading Platform
Foreign Stocks Trading Platform
Basket Trading Platform
Mutual Fund Investment Platform
Digital Gold Investment Platform
Bonds Investment Platform
Anand Rathi offers many tools and platforms so that the users reaching out can use the one that is best for them and invest in trading activities.
Anand Rathi offers distinct platforms tailored for iOS and Android users and an additional platform catering to mutual fund investors.
These platforms are designed with utmost user-friendliness, ensuring hassle-free operation for anyone.
Anand Rathi has built applications for both iOS and Android platforms. Both operating systems offer a user-friendly interface to people looking for stable investment options.
Mutual Fund trading platform: Anand Rathi’s mutual fund trading platform presents users with an exceptional interface for seamless investment in mutual funds.
The user can invest via SIPs or on-time investments in various listed funds on the forum.
Web-trading Platform: Users can invest using a trading platform on their desktop or laptop instead of accessing the Anand Rathi app. Many users find it easy to access their profile via desktop.
Anand Rathi App, Trading Platforms & Tools - Features
Wishlist
Real Time Updates
Portfolio Details
Online MF Buy
Research Reports
Global indices
Customised Recommendations
Stock tips
Interactive charts
Live market
Multi Profile Management
Robust & Secure Platform
Going further in the Anand Rathi review, we should look at the various platforms, App features, and tools the broker offers. Let’s have a look:
Anand Rathi App
Here are multiple Features of the Anand Rathi App.
Wishlist: The clients can list the stocks they want to buy in the short term.
Real-time updates: The real-time updates allow clients to remain updated with the current market dynamics.
Portfolio details: The registered clients can check the portfolio as required and see where they are investing.
Live Market: Being one of the best market assessment criteria, this feature will predict the charts and allow the clients to decide faster.
Stock Tips: Anand Rathi takes an additional stride by offering users a personalized guidance experience, providing them with prompt investment recommendations and tips.
Trade Mobi
Trade Mobi, one of the mobile trading applications provided by Anand Rathi, caters to both Android and iOS devices.
These platforms enable investors to instantly access markets and efficiently manage all their trading activities on their mobile devices.
Anand Rathi offers an exceptional trading platform to its clients, which encompasses the following features associated with the Trade Mobi platform:
- Apps follow simplified procedures for placing orders.
- Support easy and secure payment transfers.
- Clients can access real-time charts and quote and execute their orders.
- Customers reach out to Trade-Mobi and have quick access to Market, watchlist, analytics, and scripts.
Trade X’Pro
It is known to be one of the installable trading terminals specially designed for active traders.
The EXE-based software can be used on desktops and provide a customized on-screen option to add, rearrange and delete columns as desired, lock a terminal, a backtesting feature, and dynamic charting.
Here is the list of features supported by Trade X’Pro:
- Clients can track price movement by weeks, min, or days with the help of indicators.
- Users can create their market watchlist.
- Trading terminals can be locked to secure your platform.
- Rearrange, add, or delete the market watch segment per your preferences.
Trade X’press+
The web-based trading platform offers users an enriched and advanced trading experience equipped with real-time market information, comprehensive trading updates, trading ideas, research modules, advanced charts, and more.
The dashboard provides real-time updates for trading like mark to market, trading balance, holding value, net position, and order book.
Undoubtedly, Trade X’Press+ is a smart way to trade, and experienced users should take advantage of the platform for trading and investing.
Anand Rathi online MF
Anand Rathi provides a distinct mobile app and website designed for mutual fund investments.
Users have the convenience of investing online in numerous mutual fund schemes through Anand Rathi’s platform.
The platform is a one-stop solution, allowing clients to invest in many MF schemes. The user can easily manage their investments from anywhere in a few clicks.
Anand Rathi Offers
Free Account Opening
Free AMC
Free Brokerage
Flat Brokerage
Flexible Brokerage Plans
Happy Trading Hours
Free Delivery Trading
Free Intraday Trading
Free F&O Trading
Free Research Reports
Free Trading calls
Referral Offers
Margin Funding / Pledging
Brokerage Cashback
Zero Brokerage for Loss Making Trades
- Ranging from free account opening plans to earning referral income, Anand Rathi makes all possible efforts to attract clients towards them.
- Anand Rathi offers free research trading so that the people reaching out can have deep insights into the stocks they seek. Additionally, Anand Rathi does not charge any AMC fees for the first year.
- If you have any contacts keen to invest in stocks, you can refer them to Anand Rathi and avail of referral income.
Anand Rathi Swot Analysis
Here is the detailed SWOT Analysis of Anand Rathi.
Strength
- Being one of the oldest brokers, Anand Rathi has a great nationwide presence and has more than a lakh clients.
- They do not charge fees for account openings, and AMC is free for the first year.
- Do not charge any fee for call & trade and advisory services.
- They have an in-house research team to provide deep insights into the stock market.
- NRIs are also to open their account with Anand Rathi and avail of their specialized services.
Weakness
- They do not have any facility for flat brokerage and happy trading hours.
- High brokerage for all segments
- Charges are levied for using Anand Rathi trading platforms such as TradexPro+
Opportunities
- They can work on Foreign Stocks Trading Platforms and Digital Gold trading platforms for their clientele so that they can make all their investment via a single platform.
- Their advisory services do not provide weekly, monthly, or daily stock reviews, which can be very helpful for the clients.
- Should look forward to providing 3 in 1 account.
Threat
- Higher brokerage discourages beginners from reaching out.
- The absence of a foreign stock trading platform can push existing clientele to competitive brokers.
- Upcoming competitive brokers offering a full-fledged platform with less brokerage can affect Anand Rathi’s presence.
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Anand Rathi Review - Products Offered
Equity Delivery
Equity Intraday
Equity Option
Equity Future
Commodity Option
Commodity Future
Currency Option
Currency Future
Foreign Stocks
Mutual Funds
Banking
Insurance
Corporate Bonds
Govt. Bonds
Digital Gold
Anand Rathi Review - Services Provided
Demat Services
Trading Services
Intraday Services
F&O Services
IPO Services
3 in 1 Account
Stock Research
Stock Recommendations
Trading Institution
Share Pledging
PMS or PCG
NRI Services
Anand Rathi Research & Advisory
Fundamental Reports
Research Reports
Company Reports
Annual Reports
IPO Reports
Technical Reports
Stock Tips
Daily Top Stock Picks
Daily Market Review
Monthly Review
Weekly Review
Relationship Manager
Robo Advisory
- Anand Rathi is one of the oldest and most trustable brokers, providing every possible report to the user.
- The Anand Rathi trading account holders can opt for these research resources free of cost.
- They provide guidance and support through fundamental reports, Company reports, IPO reports, technical reports, daily top stock picks, etc.
- The research reports of Anand Rathi are quite comprehensive and serve the purpose of helping clients make well-informed decisions for them.
Anand Rathi Margin or Exposure or Leverage
Equity Delivery
Equity Intraday
Equity F&O Carry Forward
Equity F&O Intraday
Commodity F&O Carry Forward
Commodity F&O Intraday
Currency F&O
Anand Rathi offers leverage or margin facilities to their clients across different trading segments:
- Anand Rathi offers leverage up to 5x for intraday equity trading, which is always subject to the stocks being traded.
- In the case of equity delivery, the margin provided is 1x so that all clients can trade independently.
- For equity future & option, the margin is 1.3x; for carry forward, the Anand Rathi margin is 1x. Margin requirements for equity futures & options are set at 1.3x, while carry-forward trades require a margin of 1x.
- Currency futures and options have a margin requirement of 1x.
Anand Rathi Review - Programs
Sub Broker Program
Partner Program
Referral Program
Anand Rathi Review & Rating by Finec.in
Overall Rating
Customer Support
Technology
Charges
Products & Service
Experience
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Anand Rathi Customer Support
Trading Support
Dedicated Dealer
Call Support
Email Support
Whatsapp Support
Website Support
Facebook Support
Twitter Support
Telegram Support
Branches / Offices
Anand Rathi offers excellent customer support to all its clients without any additional charges.
If you require immediate assistance, you can contact them at 0291-6661001 or send an email to [email protected].
Although WhatsApp support is unavailable, you can connect with them through various social media channels.
Feel free to contact Anand Rathi customer care anytime; they will be happy to assist you.
Anand Rathi Complaints & Feedback
Total Complaints Lodged
Total Complaints Resolved
% of Resolved Complaints
Non Actionable Complaints
% of Non Actionable Complaints
In these 25 years of success, about 35 official complaints were filed with Anand Rathi.
Of these 35 Anand Rathi complaints, 85.71% are resolved, which is incredible. Five of the complaints are non-actionable.
Anand Rathi is establishing new milestones for people to come forward and make safe investments.
Anand Rathi Charges
Although there are no Anand Rathi account opening charges, AMC for the first year is also completely free.
- The broker applies various charges, such as intraday charges, which amount to 0.03% of the transaction value, and delivery charges, which are set at 0.30%.
- For commodity and currency options, a fee of 25 INR per lot is applicable
- The commodity and currency futures are charged at .03% of the transaction value.
Apart from these charges, there are some Anand Rathi hidden charges, too; we have listed them below:
- The SEBI turnover charges with Anand Rathi is 10 INR for every crore, which applies to all segments.
- The DP charges are 20 INR per scrip on sale.
- The account closing charges with Anand Rathi are 100 INR, and the reactivation charge is 150 INR.
- The dematerialization charge with Anand Rathi is 35 INR for every certificate.
Clients should look at the above-listed charges before working with Anand Rathi.
Anand Rathi Account Opening Charges
Account Opening Charges
Annual Maintenance Charges (AMC)
Anand Rathi STT & CTT Charges
Equity Delivery
Equity Intraday
Equity Future
Equity Option
Commodity Future
Commodity Option
Currency Future
Currency Option
Anand Rathi Stamp Duty Charges
Equity Delivery
Equity Intraday
Equity Future
Equity Option
Commodity Future
Commodity Option
Currency Future
Currency Option
Anand Rathi Transaction Charges
Equity Delivery
Equity Intraday
Equity Future
Equity Option
Commodity Future
Commodity Option
Currency Future
Currency Option
Anand Rathi Pledge Charges
Pledge Creation Charges
Pledge Invocation Charges
Interest on Margin Trading
Anand Rathi Hidden Charges
SEBI Turnover Charges
DP Charges
GST
Account Closure Charges
Reactivation Charges
Dematerialisation Charges
Call & Trade Charges
Anand Rathi Review – Conclusion
Anand Rathi is one of the oldest brokers that has existed at its full potential for the past 25 years and offers a big range of benefits for users.
There are no account opening charges, and AMC for the first year is also free. The broker also provides free training support and research reports to its clientele so that they can have clear insights about their portfolio.
They do not charge anything for advisory services, making it perfect for clients looking for a hand-holding experience from the broker.
We hope our Anand Rathi review will help you make the right choice to invest your hard-earned money.
Anand Rathi FAQs
Here is the list of FAQs related to the Anand Rathi Review.
Is Anand Rathi a Safe Broker?
Yes, Anand Rathi is one of the oldest and trustable brokers and has 25+ years of experience in the industry.
Is Anand Rathi Good for Beginners?
All clients are provided with a relationship manager and the daily market review to help them out every day. Anand Rathi is one of the best options for beginners.
How many active clients does Anand Rathi have?
As per recent data, Anand Rathi has more than a lakh active clients working with them.
Who is the founder of Anand Rathi?
Mr. Anand Rathi founded the organization in his name in 1994, and the Company has its headquarters in Mumbai.
Does Anand Rathi provide free delivery?
No, Anand Rathi doesn’t have free delivery trading.
What are intraday trading charges in Anand Rathi?
Anand Rathi charges .030% of the transaction value from its clientele.
What are Anand Rathi F&O charges?
The future and option charges are not free of cost with Anand Rathi. The commodity option charges .05% on every sale, and the equity option charges .0625% on every sale.
Does Anand Rathi charge for commodity trading?
The charge for the commodity option is Rs 25 for every lot, and the commodity future is .03% of the transaction value.
Does Anand Rathi charge for currency trading?
The charges for currency futures and options are .0001% on every buy.
Does Anand Rathi provide research?
Yes, Anand Rathi provides research reports to the users. These research reports are free of cost so that users can access them to select stock.
How do I contact Anand Rathi?
The user can send their query to [email protected] or can be reached at 0291-6661001.
How much is AMC at Anand Rathi?
The AMC charges Anand Rathi for the first year and 450 INR for the subsequent years.
What are the account opening fees in Anand Rathi?
Anand Rathi is looking for more and more clients to review their brokering services, which is why no account opening fees are attached to them.
What are pledge creation charges in Anand Rathi?
The pledge creation charge in Anand Rathi is .01% of the value or flat 50 on every request.
How much are pledge invocation fees in Anand Rathi?
The pledge invocation fee for Anand Rathi is .01% of the value or a flat 50 on every request.
Does Anand Rathi levy any interest on margin trade funding?
Yes, the interest on margin trade funding is .05% per day.
What are the DP charges in Anand Rathi?
The DP charges for Anand Rathi are 20 INR per scrip on sale.
Does Anand Rathi levy any account closure fees?
Yes, Anand Rathi charges 20 INR for the account closure fees.
What are account reactivation fees in Anand Rathi?
The user has to pay 150 INR for the reactivation fees with Anand Rathi. The price is applicable once the user account is dormant.
What are call and trade charges in Anand Rathi?
There are no call and trade charges in Anand Rathi.