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Anand Rathi Vs Groww: Which one is better?

Both the brokers are registered with SEBI. Anand Rathi offers investmenet in Equity, F&O, Currency and Commodities, where Groww offers investment in Equity, F&O and Currency only. The brokerage of Anand Rathi Max 0.02 to 0.20% per trade while the brokerage of Groww ranges between Rs 20. Anand Rathi is a Full Service Broker where Groww is a Discount Broker. Anand Rathi is having overall lower rating compare to Groww. Anand Rathi is rated only 3 out of 5 where Groww is rated 4 out of 5. Number of active customer for Groww is 91,85,024 where number of active customer for Anand Rathi is 1,24,090. Groww is serving more customer compare to Anand Rathi.

Here we present side-by-side comparison of Anand Rathi vs Groww 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 Groww'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 Groww 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 Groww'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 Groww on Service

  Anand Rathi Compare
Anand Rathi
Groww Compare
Groww
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
Active Clients 1,24,090 91,85,024
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). Groww is the top broker for beginners to invest in direct mutual funds for Free and trade in stocks at a Rs 20 flat fee! Also, its easy-to-use, crystal clear user interface, and safe & secure Groww app and web-based platform makes investing hassl...Know more about Groww
Broker Enquiry Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

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

Comparison of Anand Rathi with Groww on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - Groww 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 Groww
Charges Anand Rathi Groww
Trading Account Opening Fees Free 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 Groww on Plan Options

Plans are the most important feature you look when compare Anand Rathi with Groww. 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 Groww on Plan Options
Plan Types Anand Rathi Groww
Multiple Plans No No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Zerodha Zerodha
Account Opening Request
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Brokerage Charges

Compare Anand Rathi vs Groww 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.

Groww Brokerage Plan detail - Flat brokerage plan that charges Rs. 20 per order on trading in intraday segment whereas offers free delivery trading.

Brokerage Charges - Compare Anand Rathi with Groww
Brokerage Charges Compare Anand Rathi Groww
Plan Name Classic Trading Plan (Percentage Based) Flat Brokerage Plan
Equity Delivery 0.20% 0.05% or Rs 20 whichever is lower
Equity Intraday 0.02% 0.05% or Rs 20 whichever is lower
Equity Futures 0.02% Flat Fee Rs 20
Equity Options Rs 50 per lot Flat Fee Rs 20
Currency Futures 0.02% Not Available
Currency Options Rs 20 per lot Not Available
Commodity Trading 0.02% Not Available
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 Per Executable Order
Auto Square off Charges NA Rs 50 Per Executable Order
Brokerage Calculator Brokerage Calculator for Anand Rathi Brokerage Calculator for Groww
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Share Broker's Transaction Charges

Compare Anand Rathi vs Groww on Transaction Charges

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

Transaction Charges - Compare Anand Rathi with Groww
Transaction Charges Compare Anand Rathi Groww
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 NA
Brokerage Charges Complete Brokerage Plans for anand-rathi-broker Complete Brokerage Plans for groww
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Account Features

Compare Anand Rathi vs Groww on Account Features

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

Account Features - Anand Rathi with Groww
Account Features Compare Anand Rathi Groww
3 in 1 Account No Anand Rathi have 2-in-1 account. Only Demate and Trading account. No Anand Rathi have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading Yes No
SMS Alerts Yes No
Online Demo Yes No
Online Portfolio Yes Yes
Margin Trading Funding Available Yes Yes
Combined Ledger for Equity and Commodity Yes No
Intraday Square-off Time 3:15PM 3:10 PM
NRI Trading Yes No
Other Features NIL NIL
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Trading Platform

Compare Anand Rathi vs Groww on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Anand Rathi and Groww. 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 Groww
Trading Platform Compare Anand Rathi Groww
Desktop Trading Platform OMNESYS NEST - Trade X Pro Groww App
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 Yes
Web Trading Demo Info Not Available Info Not Available
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App Trade Mobi Groww App
Mobile Trading App Demo Info Not Available Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod Trade Mobi Download Andriod Groww App Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Trade Mobi Download iOS Groww App 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 Groww
Futures Brokerage Calculator Futures Brokerage Calculator for Anand Rathi Futures Brokerage Calculator for Groww
Options Brokerage Calculator Options Brokerage Calculator for Anand Rathi Options Brokerage Calculator for Groww
Detail Detail on Trading Platforms for anand-rathi-broker Detail on Trading Platforms for groww

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Broker Ratings by Users

Compare Anand Rathi vs Groww on User Rating

  Anand Rathi Groww
  2 Customer Reviews    Rate Anand Rathi 7 Customer Reviews    Rate Groww
Fees Ratings 3.5 4.4
Trading Brokerage Rating 3.0 3.7
Trading Platform Usability 3.0 4.1
Customer Service Ratings 3.5 3.3
Overall Ratings 3.0 4.1
Broker Rating Anand Rathi is Rated 3.0 / 5 based on 2 customer reviews Groww is Rated 4.1 / 5 based on 7 customer reviews
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Investment Offerings

Compare Anand Rathi vs Groww on Investment Offerings

Compare Anand Rathi with Groww 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 - Anand Rathi offers trading options in Commodity (MCX) where Groww doesn't offer. Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - Anand Rathi provide PMS Service where Groww doesn't offer

Investment Offerings - Compare Anand Rathi with Groww
Investment Offerings Compare Anand Rathi Groww
Equity Cash and F&O Yes Yes
Currency Deravitives Yes No
Commodity Yes No
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 No
PMS Service Yes No
Other Investment Options NIL NIL
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Order Types

Compare Anand Rathi vs Groww on Order Types

Order Type - Compare Anand Rathi with Groww 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) - Both broker don't have Cover Orders (CO).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) - Both broker don't have Bracket Orders (BO).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)- Anand Rathi offers After Market Orders where Groww doesn't offers AMO. GTC Orders- Both broker doesn't support Good Till Cancelled (GTC) orders.

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

Compare Anand Rathi vs Groww on Customer Service

Compare Anand Rathi with Groww 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 Groww
Customer Service Compare Anand Rathi Groww
24/7 Customer Service Anand Rathi vs Groww - 24x7 customer support No No
Email Support Anand Rathi vs Groww - Email Support Yes Yes
Onine Live Chat Anand Rathi vs Groww - Onine Live Chat Yes Yes
Phone Support Anand Rathi vs Groww - Phone Support Yes Yes
Toll Free Number Anand Rathi vs Groww - Toll Free Number Yes No
Through Branches Anand Rathi vs Groww - Through Branches Yes No
Customer Care Number Anand Rathi vs Groww - Customer Care Number 0291 710 5596/1800 420 1004 (toll-free) 9108800604
Account Opening Process Anand Rathi vs Groww - Account Opening Process Info Not Available Online
Customer Support Email Anand Rathi vs Groww - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Anand Rathi vs Groww - Knowledge Center/Education https://anandrathi.com/Inv_rathi_blog/ https://groww.in/academy
Head Office Address Anand Rathi vs Groww - Head Office Address/Corporate Address Info Not Available Groww Head Office
1st Floor, Proms Complex, SBI Colony,
1 A Koramangala, 560034
Website Anand Rathi vs Groww - Company Website Info Not Available https://groww.in/
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Tips/Research/Reports Published

Compare Anand Rathi vs Groww on Research Reports, Tips

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

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

Compare Anand Rathi vs Groww on Demat Account

Compare Anand Rathi with Groww 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 Groww is Zero 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 Groww is ₹8 + ₹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 Groww
  Anand Rathi Groww
DP Source CDSL CDSL
DP ID Anand Rathi vs Groww - DP ID No No
Demat Account Annual Maintenance Charges(AMC) ₹450 pa (Second year onwards) Zero
Advance Deposit NIL Nil
Statutory charges Nil Legal Charges
Transaction Charges on Debit (Per ISIN) ₹15 + ₹5.50 CDSL charges ₹8 + ₹5.50 CDSL charges
Demat ₹3 per certificate + ₹35 courier charges ₹150 per certificate + courier charges
Remat ₹15 for every hundred securities or ₹15 per certificate (whichever is higher) ₹150 per certificate + courier charges
Pledge Creation 0.01% of the value (Min ₹50) + CDSL charges ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Creation Confirmation Nil ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Closure 0.01% of the value (Min ₹50) + CDSL charges ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Closure Confirmation 0.01% of the value (Min ₹50) + CDSL charges ₹20 + Rs. 12 per request (CDSL Charges)
Pledge Invocation 0.01% of the value (Min ₹50) + CDSL charges ₹20 + Rs. 12 per request (CDSL Charges)
Failed Instruction Charges ₹25 ₹50
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Anand Rathi vs Groww on Special Offers and Promotion

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

Compare Anand Rathi vs Groww on Special Offers and Promotion
  Anand Rathi Groww
Pay In and Pay Out Options Anand Rathi vs Groww - Pay In and Pay Out Options Info Not Available pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from Goww
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Anand Rathi vs Groww - Payout Time Info Not Available Max 24 hrs except bank holidays
Bank Supported and Charges Anand Rathi vs Groww - Bank Supported and Charges Info Not Available Around 25 banks allow instant credit facility with charges of Rs 9 from Groww trading platform.
Bank Detail Info Not Available Info Not Available
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...

  • Trade or invest in equity, F&O, mutual funds, IPO, US Stocks
  • Rs 0 account opening fee with no AMC
  • Best UI Interface-enabled app and website
  • Equity and F&O trading at Rs 20 maximum brokerage
  • No cost investment in direct mutual funds.
  • TradingView charts and wide range of technical indicators
  • Advance orders like GTT, Target order, and Basket order
  • Get instant and flexible loans on Groww
  • Get the latest trending news and updates on the Groww Digest

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...

  • Does not offer commodity and currency trading
  • No desktop trading terminal
  • Bracket order and cover order are not available
  • No intraday trading tips and stock research reports
  • NRIs cannot open an account in Groww

Detail Review...

Special Offers/Promo
Enquiry Open Zerodha Account Now>> Open Zerodha Account Now>>

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