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Religare Broking Vs Anand Rathi: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of Religare Broking ranges between 0.05 to 0.50% while the brokerage of Anand Rathi ranges between 0.02 to 0.20%. Both the brokers are Full Service brokers. Religare Broking is having overall higher rating compare to Anand Rathi. Religare Broking is rated 3.5 out of 5 where Anand Rathi is rated only 3 out of 5. Number of active customer for Religare Broking is 1,43,944 where number of active customer for Anand Rathi is 1,24,090. Religare Broking is serving more customer compare to Anand Rathi.

Here we present side-by-side comparison of Religare Broking vs Anand Rathi share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Religare Broking vs Anand Rathi'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 Religare Broking vs Anand Rathi share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared Religare Broking vs Anand Rathi'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 Religare Broking vs Anand Rathi on Service

  Religare Broking Compare
Religare Broking
Anand Rathi Compare
Anand Rathi
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Full Service Broker
Exchanges Supported What is this parameter? NSE, BSE, MCX BSE, NSE, MCX, NCDEX
Active Clients 1,43,944 1,24,090
Broker Overview Open free Religare Demat & Trading Account, and trade via user-friendly platforms; Dynami App and Religare Online website. Also invest in the SmartInvest portfolio management services, US stocks, and get experts trading tips, investment ideas, an... Know more about Religare Broking 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).
Broker Enquiry Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

Compare Religare Broking vs Anand Rathi on Trading & Demat Account Opening Charges

Comparison of Religare Broking with Anand Rathi on trading & demat account opening charges and AMC. Trading account opening charges - Anand Rathi offer Free account opening where Religare Broking charges Rs 500 for account opening. Demat AMC charges - Religare Broking charges Rs 400 PA [Free for first year] 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 Religare Broking with Anand Rathi
Charges Religare Broking Anand Rathi
Trading Account Opening Fees Rs 500 Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 400 PA [Free for first year] Rs 450 PA (Free for 1st year)
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Religare Broking vs Anand Rathi on Plan Options

Plans are the most important feature you look when compare Religare Broking with Anand Rathi. 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 Religare Broking with Anand Rathi on Plan Options
Plan Types Religare Broking Anand Rathi
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 Religare Broking vs Anand Rathi on Brokerage Charges

Religare Broking Brokerage Plan detail - Religare One is a standard brokerage plan that charges a fixed percentage of brokerage from clients. The plan also provides a 3-month free subscription to the fair deal plan that charges Rs. 0 brokerages on non-profitable trades and options trading at just Rs. 5 per lot.

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.

Brokerage Charges - Compare Religare Broking with Anand Rathi
Brokerage Charges Compare Religare Broking Anand Rathi
Plan Name Religare One Brokerage Plan (Percentage Based) Classic Trading Plan (Percentage Based)
Equity Delivery 0.50% to 0.10% 0.20%
Equity Intraday 0.05% to 0.01% 0.02%
Equity Futures 0.05% or 5 paisa 0.02%
Equity Options Rs 70 Per Lot Rs 50 per lot
Currency Futures 0.05% or 5 paisa 0.02%
Currency Options Rs 30 Per Lot Rs 20 per lot
Commodity Trading Futures: 0.05%| Options: Rs 30 per lot 0.02%
Minimum Brokerage 1p per share NIL
Hidden Charges Yes Info Not Available
Funding Yes - 21% interest PA Info Not Available
Call & Trade Charges Rs 10 per order, Max rs 50 per segment per day Free
Auto Square off Charges Rs 10 per order, Max rs 50 per segment per day NA
Brokerage Calculator Brokerage Calculator for Religare Broking Brokerage Calculator for Anand Rathi
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Share Broker's Transaction Charges

Compare Religare Broking vs Anand Rathi on Transaction Charges

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

Transaction Charges - Compare Religare Broking with Anand Rathi
Transaction Charges Compare Religare Broking Anand Rathi
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 260 Per Cr | Agri: Rs 175 Per Cr Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for religare-broking Complete Brokerage Plans for anand-rathi-broker
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Account Features

Compare Religare Broking vs Anand Rathi on Account Features

Compare Religare Broking with Anand Rathi 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 Religare Broking doesn't offers Algo Trading. Margin Funding - Anand Rathi offers a margin funding where Religare Broking doesn't offers margin funding. NRI Trading - Both broker provides NRI Trading facility.

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

Compare Religare Broking vs Anand Rathi on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Religare Broking and Anand Rathi. 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 Religare Broking with Anand Rathi
Trading Platform Compare Religare Broking Anand Rathi
Desktop Trading Platform OdinDiet and Power FnO OMNESYS NEST - Trade X Pro
Desktop Demo Desktop Demo Info Not Available
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://secure.religareonline.com/Login.aspx https://www.anandrathi.com/Otn/Login/indexauth.jsp
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site No Yes
Mobile Trading Yes Yes
Mobile Trading App Religare Dynami Trade Mobi
Mobile Trading App Demo Religare Dynami Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod Religare Dynami Download Andriod Trade Mobi Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Religare Dynami Download iOS Trade Mobi Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Free Info Not Available
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Religare Broking Equity Intraday and Delivery Brokerage Calculator for Anand Rathi
Futures Brokerage Calculator Futures Brokerage Calculator for Religare Broking Futures Brokerage Calculator for Anand Rathi
Options Brokerage Calculator Options Brokerage Calculator for Religare Broking Options Brokerage Calculator for Anand Rathi
Detail Detail on Trading Platforms for religare-broking Detail on Trading Platforms for anand-rathi-broker

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Broker Ratings by Users

Compare Religare Broking vs Anand Rathi on User Rating

  Religare Broking Anand Rathi
  56 Customer Reviews    Rate Religare Broking 2 Customer Reviews    Rate Anand Rathi
Fees Ratings 3.2 3.5
Trading Brokerage Rating 3.2 3.0
Trading Platform Usability 3.0 3.0
Customer Service Ratings 2.9 3.5
Overall Ratings 2.9 3.0
Broker Rating Religare Broking is Rated 2.9 / 5 based on 56 customer reviews Anand Rathi is Rated 3.0 / 5 based on 2 customer reviews
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Investment Offerings

Compare Religare Broking vs Anand Rathi on Investment Offerings

Compare Religare Broking with Anand Rathi 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 provides PMS Service where Religare Broking doesn't offer

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

Compare Religare Broking vs Anand Rathi on Order Types

Order Type - Compare Religare Broking with Anand Rathi 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) - Religare Broking provide 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) - 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)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- Religare Broking offers Good Till Cancelled (GTC) orders where Anand Rathi doesn't support Good Till Cancelled (GTC) orders.

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

Compare Religare Broking vs Anand Rathi on Customer Service

Compare Religare Broking with Anand Rathi 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 Religare Broking with Anand Rathi
Customer Service Compare Religare Broking Anand Rathi
24/7 Customer Service Religare Broking vs Anand Rathi - 24x7 customer support No No
Email Support Religare Broking vs Anand Rathi - Email Support Yes Yes
Onine Live Chat Religare Broking vs Anand Rathi - Onine Live Chat No Yes
Phone Support Religare Broking vs Anand Rathi - Phone Support Yes Yes
Toll Free Number Religare Broking vs Anand Rathi - Toll Free Number No Yes
Through Branches Religare Broking vs Anand Rathi - Through Branches Yes Yes
Customer Care Number Religare Broking vs Anand Rathi - Customer Care Number 1860-25-88888 0291 710 5596/1800 420 1004 (toll-free)
Account Opening Process Religare Broking vs Anand Rathi - Account Opening Process Online/Paperless Info Not Available
Customer Support Email Religare Broking vs Anand Rathi - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Religare Broking vs Anand Rathi - Knowledge Center/Education Not available https://anandrathi.com/Inv_rathi_blog/
Head Office Address Religare Broking vs Anand Rathi - Head Office Address/Corporate Address Religare Broking Limited,
2nd Floor,
Rajlok Building,
24, Nehru Place,
New Delhi-110019
Info Not Available
Website Religare Broking vs Anand Rathi - Company Website http://www.religareonline.com Info Not Available
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Tips/Research/Reports Published

Compare Religare Broking vs Anand Rathi on Research Reports, Tips

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

Research Reports - Compare Religare Broking with Anand Rathi
  Religare Broking Anand Rathi
Research Mutual Funds Religare Broking vs Anand Rathi - Research Mutual Funds Yes Yes
Research Equity Reports Religare Broking vs Anand Rathi - Research Equity Reports Yes Yes
Research ETF Religare Broking vs Anand Rathi - Research ETF Yes Yes
Daily Market Report Religare Broking vs Anand Rathi - Daily Market Report Yes Yes
Free Tips Religare Broking vs Anand Rathi - Free Tips Yes Yes
Quarterly Result Analysis Religare Broking vs Anand Rathi - Quarterly Results Yes Yes
News Alerts Religare Broking vs Anand Rathi - Yes Yes
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Demat Account

Compare Religare Broking vs Anand Rathi on Demat Account

Compare Religare Broking with Anand Rathi 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 Anand Rathi is ₹450 pa (Second year onwards) where for Religare Broking is ₹400 pa.

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 Religare Broking is ₹12 where for Anand Rathi is ₹15 + ₹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 Religare Broking with Anand Rathi
  Religare Broking Anand Rathi
DP Source CDSL CDSL
DP ID Religare Broking vs Anand Rathi - DP ID 30200 No
Demat Account Annual Maintenance Charges(AMC) ₹400 pa ₹450 pa (Second year onwards)
Advance Deposit Rs. 500/- NIL
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) ₹12 ₹15 + ₹5.50 CDSL charges
Demat ₹5 per certificate + ₹30 courier charges ₹3 per certificate + ₹35 courier charges
Remat ₹20 per certificate + ₹30 courier charges + CDSL Charges ₹15 for every hundred securities or ₹15 per certificate (whichever is higher)
Pledge Creation 0.02% of transaction value or ₹50 whichever is higher 0.01% of the value (Min ₹50) + CDSL charges
Pledge Creation Confirmation 0.02% of transaction value or ₹50 whichever is higher Nil
Pledge Closure 0.02% of transaction value or ₹50 whichever is higher 0.01% of the value (Min ₹50) + CDSL charges
Pledge Closure Confirmation 0.02% of transaction value or ₹50 whichever is higher 0.01% of the value (Min ₹50) + CDSL charges
Pledge Invocation 0.02% of transaction value or ₹50 whichever is higher 0.01% of the value (Min ₹50) + CDSL charges
Failed Instruction Charges Nil ₹25
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Religare Broking vs Anand Rathi on Special Offers and Promotion

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

Compare Religare Broking vs Anand Rathi on Special Offers and Promotion
  Religare Broking Anand Rathi
Pay In and Pay Out Options Religare Broking vs Anand Rathi - Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Religare Mobile, Rligare Desktop and Web application.
Pay-out/Fund Withdrawal - Bank Transfer only
Info Not Available
Payout Time Religare Broking vs Anand Rathi - Payout Time Upto 24 Hrs except Bank Holidays. Info Not Available
Bank Supported and Charges Religare Broking vs Anand Rathi - Bank Supported and Charges 21+ bank connected via payment gatway, Rs 10 fee for per transaction. Info Not Available
Bank Detail RELIGARE BROKING LIMITED,
Account Number:30078551502
Bank and Branch: SBI,Capital Market Branch,Mumbai
Account Type: Current Account
IFSC Code:SBIN0011777
Info Not Available
Likes
  • Invest in a bouquet of products.
  • Multiple brokerage plans.
  • Zero account opening charges.
  • Zero AMC for the first year.
  • State-of-the-art platforms with charting and other features.
  • Best-in-class research services from experts.
  • Dynami Wrap app, a free mutual fund investment
  • Fair Deal plan: Zero brokerage on loss-making trades for 3 months.
  • Dedicated relationship manager.
  • Margin trading.

Detail Review...

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...

Dislikes
  • Minimum brokerage charges is levied.
  • Non-transparent brokerage structure.
  • Religare does not have a flat discount brokerage plan.
  • ODIN Diet is a paid platform.

Detail Review...

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...

Special Offers/Promo - Account opening fees Rs 500 waived off if you open an account with Rs 25000 margin.
Enquiry Open Zerodha Account Now>> Open Zerodha Account Now>>

Last Updated on 2023-09-13T03:22:46+00:00