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Anand Rathi Vs Upstox: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of Anand Rathi Max 0.02 to 0.20% per trade while the brokerage of Upstox ranges between Rs 20. Anand Rathi is a Full Service Broker where Upstox is a Discount Broker. Anand Rathi is having overall lower rating compare to Upstox. Anand Rathi is rated only 3 out of 5 where Upstox is rated 4.5 out of 5. Number of active customer for Anand Rathi is 1,25,264 where number of active customer for Upstox is . Anand Rathi is serving more customer compare to Upstox.

Here we present side-by-side comparison of Anand Rathi vs Upstox share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Anand Rathi vs Upstox's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Here we present side-by-side comparison of Anand Rathi vs Upstox share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared Anand Rathi vs Upstox's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare Anand Rathi vs Upstox on Service

  Anand Rathi Compare
Anand Rathi
Upstox Compare
Upstox
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Discount Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX NSE, BSE, MCX
Active Clients 1,25,264
Broker Overview Open a Free Anand Rathi Trading & Demat Account to trade or invest across multiple products, get free trading tips and expert research reports, personalized advisory, and portfolio management services (PMS). Rs 20 flat brokerage fee, brokerage-free investment in mutual funds and state-of-the-art technology platforms (Upstox Pro and Upstox) with a host of features for traders and investors alike make Upstox one of the best discount brokers in India.
Broker Enquiry Request call back from Zerodha Request call back from Upstox
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Account Opening Charges and AMC

Compare Anand Rathi vs Upstox on Trading & Demat Account Opening Charges

Comparison of Anand Rathi with Upstox on trading & demat account opening charges and AMC. Trading account opening charges - Anand Rathi offer Free account opening where Upstox charges Promotion offer: Free for account opening. Demat AMC charges - Upstox offer Free AMC for Demat account where Anand Rathi charges Rs 450 PA (Free for 1st year) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Anand Rathi with Upstox
Charges Anand Rathi Upstox
Trading Account Opening Fees Free Promotion offer: Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 450 PA (Free for 1st year) Free
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Anand Rathi vs Upstox on Plan Options

Plans are the most important feature you look when compare Anand Rathi with Upstox. This section compare on high level about type of plans offered by brokers. Multiple Plans - Both the brokers don't have Multiple Plans, brokers offer only single plan.. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare Anand Rathi with Upstox on Plan Options
Plan Types Anand Rathi Upstox
Multiple Plans No No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Zerodha Upstox
Account Opening Request
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Brokerage Charges

Compare Anand Rathi vs Upstox on Brokerage Charges

Anand Rathi Brokerage Plan detail - Anand Rathi has a fixed percentage-based brokerage plan that charges a 0.02% to o.20% brokerage fee on trading in different segments.

Upstox Brokerage Plan detail - Discount brokerage plan - pay a maximum of Rs 20 per order.

Brokerage Charges - Compare Anand Rathi with Upstox
Brokerage Charges Compare Anand Rathi Upstox
Plan Name Classic Trading Plan (Percentage Based) Max Rs 20 Per Order Trading Plan
Equity Delivery 0.20% 2.5% or Rs 20 whichever is lower
Equity Intraday 0.02% 0.05% or Rs 20 whichever is lower
Equity Futures 0.02% 0.05% or Rs 20 whichever is lower
Equity Options Rs 50 per lot Flat Fee Rs 20
Currency Futures 0.02% 0.05% or Rs 20 whichever is lower
Currency Options Rs 20 per lot Flat Fee Rs 20
Commodity Trading 0.02% Flat Fee Rs 20
Minimum Brokerage NIL NIL
Hidden Charges Info Not Available Info Not Available
Funding Info Not Available Info Not Available
Call & Trade Charges Free Rs 50 + 18% GST
Auto Square off Charges NA Rs 50 + 18% GST
Brokerage Calculator Brokerage Calculator for Anand Rathi Brokerage Calculator for Upstox
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Share Broker's Transaction Charges

Compare Anand Rathi vs Upstox on Transaction Charges

Compare Anand Rathi with Upstox on transaction charges and PCM fee by segment.

Transaction Charges - Compare Anand Rathi with Upstox
Transaction Charges Compare Anand Rathi Upstox
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for anand-rathi-broker Complete Brokerage Plans for upstox
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Account Features

Compare Anand Rathi vs Upstox on Account Features

Compare Anand Rathi with Upstox on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - Upstox offers 3-in-1 account where Anand Rathi offers only 2-in-1 account which includes trading and demat account. Algo Trading - both offers Algo trading/Automated Trading/Robotic trading/Program Trading for equity. Margin Funding - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - Anand Rathi offers NRI where Upstox doesn't offers NRI Trading.

Account Features - Anand Rathi with Upstox
Account Features Compare Anand Rathi Upstox
3 in 1 Account No Anand Rathi have 2-in-1 account. Only Demate and Trading account. Yes, Anand Rathi have 3-in-1 accounts. Bank Account, Demat and Trading account.
Charting Yes Yes
Algo Trading Yes Yes
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes Yes
Combined Ledger for Equity and Commodity Yes Yes
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading Yes No
Other Features NIL NIL
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Trading Platform

Compare Anand Rathi vs Upstox on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Anand Rathi and Upstox. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.

Trading Platform - Compare Anand Rathi with Upstox
Trading Platform Compare Anand Rathi Upstox
Desktop Trading Platform OMNESYS NEST - Trade X Pro Upstox Pro
Desktop Demo Info Not Available Info Not Available
Desktop Platform (Windows) Yes No
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://www.anandrathi.com/Otn/Login/indexauth.jsp https://pro.upstox.com/
Web Trading Demo Info Not Available Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App Trade Mobi Upstox
Mobile Trading App Demo Info Not Available Upstox Demo
Android Mobile App Yes Yes
Android App Download Andriod Trade Mobi Download Andriod Upstox Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Trade Mobi Download iOS Upstox Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Info Not Available Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Anand Rathi Equity Intraday and Delivery Brokerage Calculator for Upstox
Futures Brokerage Calculator Futures Brokerage Calculator for Anand Rathi Futures Brokerage Calculator for Upstox
Options Brokerage Calculator Options Brokerage Calculator for Anand Rathi Options Brokerage Calculator for Upstox
Detail Detail on Trading Platforms for anand-rathi-broker Detail on Trading Platforms for upstox

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Broker Ratings by Users

Compare Anand Rathi vs Upstox on User Rating

  Anand Rathi Upstox
  2 Customer Reviews    Rate Anand Rathi 12 Customer Reviews    Rate Upstox
Fees Ratings 3.5 3.5
Trading Brokerage Rating 3.0 3.8
Trading Platform Usability 3.0 3.7
Customer Service Ratings 3.5 3.5
Overall Ratings 3.0 3.7
Broker Rating Anand Rathi is Rated 3.0 / 5 based on 2 customer reviews Upstox is Rated 3.7 / 5 based on 12 customer reviews
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Investment Offerings

Compare Anand Rathi vs Upstox on Investment Offerings

Compare Anand Rathi with Upstox on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - Anand Rathi provide PMS Service where Upstox doesn't offer

Investment Offerings - Compare Anand Rathi with Upstox
Investment Offerings Compare Anand Rathi Upstox
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application No Yes
Mutual Funds Yes Yes
Bond / NCD Yes No
ETF Yes Yes
Banking No No
Insurance Yes No
Forex No No
MF SIP Investment Yes Yes
Equity SIP Investment Yes Yes
PMS Service Yes No
Other Investment Options NIL NIL
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Order Types

Compare Anand Rathi vs Upstox on Order Types

Order Type - Compare Anand Rathi with Upstox on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - Upstox provides Cover Orders (CO) where Anand Rathi doesn't offer,Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Upstox provides Bracket Orders (BO) where Anand Rathi doesn't offer.With the name its cleare in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- Upstox offers Good Till Cancelled (GTC) orders where Anand Rathi doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Anand Rathi with Upstox
Order Type Compare Anand Rathi Upstox
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order No Yes
Bracket order No Yes
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled No Yes
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Customer Service Offered

Compare Anand Rathi vs Upstox on Customer Service

Compare Anand Rathi with Upstox on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare Anand Rathi with Upstox
Customer Service Compare Anand Rathi Upstox
24/7 Customer Service Anand Rathi vs Upstox - 24x7 customer support No No
Email Support Anand Rathi vs Upstox - Email Support Yes Yes
Onine Live Chat Anand Rathi vs Upstox - Onine Live Chat Yes Yes
Phone Support Anand Rathi vs Upstox - Phone Support Yes Yes
Toll Free Number Anand Rathi vs Upstox - Toll Free Number Yes No
Through Branches Anand Rathi vs Upstox - Through Branches Yes Yes
Customer Care Number Anand Rathi vs Upstox - Customer Care Number 0291 710 5596/1800 420 1004 (toll-free) +91 22 6130 9999
Account Opening Process Anand Rathi vs Upstox - Account Opening Process Info Not Available Online/Paperless
Customer Support Email Anand Rathi vs Upstox - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Anand Rathi vs Upstox - Knowledge Center/Education https://anandrathi.com/Inv_rathi_blog/ https://upstox.com/help-center/
Head Office Address Anand Rathi vs Upstox - Head Office Address/Corporate Address Info Not Available Upstox Corporate Office
Sunshine Tower,
30th Floor,
Senapati Bapat Marg,
Dadar (W),
Mumbai - 400 013
Website Anand Rathi vs Upstox - Company Website Info Not Available https://upstox.com/
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Tips/Research/Reports Published

Compare Anand Rathi vs Upstox on Research Reports, Tips

Compare Anand Rathi with Upstox on research reports and tips provided by the broker.

Research Reports - Compare Anand Rathi with Upstox
  Anand Rathi Upstox
Research Mutual Funds Anand Rathi vs Upstox - Research Mutual Funds Yes No
Research Equity Reports Anand Rathi vs Upstox - Research Equity Reports Yes No
Research ETF Anand Rathi vs Upstox - Research ETF Yes No
Daily Market Report Anand Rathi vs Upstox - Daily Market Report Yes No
Free Tips Anand Rathi vs Upstox - Free Tips Yes No
Quarterly Result Analysis Anand Rathi vs Upstox - Quarterly Results Yes No
News Alerts Anand Rathi vs Upstox - Yes No
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Demat Account

Compare Anand Rathi vs Upstox on Demat Account

Compare Anand Rathi with Upstox on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for Upstox is ₹300 PA where for Anand Rathi is ₹450 pa (Second year onwards).

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for Anand Rathi is ₹15 + ₹5.50 CDSL charges where for Upstox is ₹13 + ₹5.50 CDSL charges.You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare Anand Rathi with Upstox
  Anand Rathi Upstox
DP Source CDSL CDSL
DP ID Anand Rathi vs Upstox - DP ID No 81800
Demat Account Annual Maintenance Charges(AMC) ₹450 pa (Second year onwards) ₹300 PA
Advance Deposit NIL NIL
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) ₹15 + ₹5.50 CDSL charges ₹13 + ₹5.50 CDSL charges
Demat ₹3 per certificate + ₹35 courier charges ₹20 + ₹50 courier charges
Remat ₹15 for every hundred securities or ₹15 per certificate (whichever is higher) ₹100 for every hundred securities or ₹25 per certificate (whichever is higher)
Pledge Creation 0.01% of the value (Min ₹50) + CDSL charges 0.02% of the transaction value (Min ₹50) + CDSL charges
Pledge Creation Confirmation Nil 0.02% of the transaction value (Min ₹50) + CDSL charges
Pledge Closure 0.01% of the value (Min ₹50) + CDSL charges 0.02% of the transaction value (Min ₹50) + CDSL charges
Pledge Closure Confirmation 0.01% of the value (Min ₹50) + CDSL charges 0.02% of the transaction value (Min ₹50) + CDSL charges
Pledge Invocation 0.01% of the value (Min ₹50) + CDSL charges 0.05% of the transaction value (Min ₹50)
Failed Instruction Charges ₹25 ₹50
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Anand Rathi vs Upstox on Special Offers and Promotion

Compare Anand Rathi with Upstox on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare Anand Rathi vs Upstox on Special Offers and Promotion
  Anand Rathi Upstox
Pay In and Pay Out Options Anand Rathi vs Upstox - Pay In and Pay Out Options Info Not Available pay-in/adding funbds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Upstox Pro
Pau-out/Fund Withdrawal - Bank Transfer only
Payout Time Anand Rathi vs Upstox - Payout Time Info Not Available Max 24 hrs except bank holidays
Bank Supported and Charges Anand Rathi vs Upstox - Bank Supported and Charges Info Not Available Around 30 banks allow instant credit facility with charges of Rs 7 from Upstox trading platform (Keynote) via ATOM service.
Bank Detail Info Not Available HDFC Bank
Account Name - RKSV SECURITIES INDIA PVT.LTD.
Account Number -00600340067574
Account Type - Current
Account IFSC Code- HDFC0000060
Likes

Read out the most important benefits or advantages of why choose Anand Rathi?

  • Online trading in equity, derivatives, currency, and commodity.
  • Mutual funds, FDs, NCDs, and portfolio management services (PMS).
  • Zero account opening charges.
  • Zero maintenance fee for the first year.
  • Trade X’Press+, TradeX’Pro, and Trade Mobi App with real-time charting.
  • Free Research: Fundamental & technical research, FNO, commodity, and currency research reports.
  • Investment Basket: A thematic investing product.
  • Equity SIP (E-SIP) facility to invest in shares.
  • Place after-market order (AMO).
  • Blog and knowledge center for beginners.
  • Loan against shares and Margin trading facility (MTF).
  • Free call & trade

Detail Review...

Before you open an Upstox account, check out the advantages on why to trade with Upstox.

  • No account opening charges and Zero Demat maintenance charge.
  • Cheapest flat brokerage of Rs 20 per order
  • Best platforms for traders and investors
  • Invest in mutual funds and IPOs for free.
  • Invest across global companies in 25+ countries.
  • Advanced orders like bracket order, cover order, AMO, and GTT order.
  • Advanced Pro web and mobile app-based trading platforms.
  • TradingView charts, multiple technical indicators, and drawing tools
  • Margin Trading Facility and margin against shares
  • Free API access
  • UpLearn free learning platform

Detail Review...

Dislikes

There are some disadvantages or drawbacks also, here are the same;

  • Does not offer direct mutual funds.
  • No 3-in-1 account
  • A bit higher brokerage fee than other discount brokers.

Detail Review...

There are some setbacks or disadvantages also while trading with Upstox;

  • Unlike top brokers like Zerodha and Fyers, Upstox does not offer free delivery trading.
  • Upstox does not have unlimited monthly trading plan.
  • It does not provide stock trading tips and recommendations.
  • Does not offer NRI trading.
  • 24/7 customer service is not available.

Detail Review...

Special Offers/Promo Max Rs 20 for equity delivery, intraday, F&O, currency and commodities trades + Free Account Opening + Free Mutual Funds and IPOs
Enquiry Open Zerodha Account Now>> Open Upstox Account Now>>

Last Updated on 2023-08-25T06:31:27+00:00