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Finvasia 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 Finvasia Max Rs 0 per trade while the brokerage of Anand Rathi ranges between 0.02 to 0.20%. Finvasia is a Discount Broker where Anand Rathi is a Full Service Broker. Finvasia is having overall higher rating compare to Anand Rathi. Finvasia is rated 4 out of 5 where Anand Rathi is rated only 3 out of 5. Number of active customer for Anand Rathi is 1,24,090 where number of active customer for Finvasia is 1,05,160. Anand Rathi is serving more customer compare to Finvasia.

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

  Finvasia Compare
Finvasia
Anand Rathi Compare
Anand Rathi
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Full Service Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX
Active Clients 1,05,160 1,24,090
Broker Overview Finvasia is India’s first discount brokerage house offering zero brokerage online trading account, zero lifetime Demat AMC, and online trading in stocks, derivatives, commodities, and currencies at absolutely NIL brokerage on the feature-rich S... Know more about Finvasia 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 Finvasia vs Anand Rathi on Trading & Demat Account Opening Charges

Comparison of Finvasia with Anand Rathi on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - Finvasia 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 Finvasia with Anand Rathi
Charges Finvasia Anand Rathi
Trading Account Opening Fees Free Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Free Rs 450 PA (Free for 1st year)
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Finvasia vs Anand Rathi on Plan Options

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

Account Opening

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Account Opening Request
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Brokerage Charges

Compare Finvasia vs Anand Rathi on Brokerage Charges

Finvasia Brokerage Plan detail - Free Trading - Zero Brokerage Plan: Finvasia allows customers to trade in different segments at free of cost.

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 Finvasia with Anand Rathi
Brokerage Charges Compare Finvasia Anand Rathi
Plan Name Zero Brokerage Trading Plan Classic Trading Plan (Percentage Based)
Equity Delivery Rs 0 0.20%
Equity Intraday Rs 0 0.02%
Equity Futures Rs 0 0.02%
Equity Options Rs 0 Rs 50 per lot
Currency Futures Rs 0 0.02%
Currency Options Rs 0 Rs 20 per lot
Commodity Trading Rs 0 0.02%
Minimum Brokerage NA NIL
Hidden Charges No Info Not Available
Funding Yes, 24% interest PA Info Not Available
Call & Trade Charges Free Free
Auto Square off Charges Free NA
Brokerage Calculator Brokerage Calculator for Finvasia Brokerage Calculator for Anand Rathi
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Share Broker's Transaction Charges

Compare Finvasia vs Anand Rathi on Transaction Charges

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

Transaction Charges - Compare Finvasia with Anand Rathi
Transaction Charges Compare Finvasia 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 finvasia Complete Brokerage Plans for anand-rathi-broker
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Account Features

Compare Finvasia vs Anand Rathi on Account Features

Compare Finvasia 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 - both offers Algo trading/Automated Trading/Robotic trading/Program Trading for equity. Margin Funding - Anand Rathi offers a margin funding where Finvasia doesn't offers margin funding. NRI Trading - Both broker provides NRI Trading facility.

Account Features - Finvasia with Anand Rathi
Account Features Compare Finvasia Anand Rathi
3 in 1 Account No Finvasia have 2-in-1 account. Only Demate and Trading account. No Finvasia have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading Yes Yes
SMS Alerts No 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 3:15 PM 3:15PM
NRI Trading Yes Yes
Other Features NIL NIL
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Trading Platform

Compare Finvasia vs Anand Rathi on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Finvasia 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 Finvasia with Anand Rathi
Trading Platform Compare Finvasia Anand Rathi
Desktop Trading Platform OMNESYS NEST OMNESYS NEST - Trade X Pro
Desktop Demo Info Not Available Info Not Available
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://trade.finvasia.com/ https://www.anandrathi.com/Otn/Login/indexauth.jsp
Web Trading Demo Info Not Available Info Not Available
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App SCALPERT Trade Mobi
Mobile Trading App Demo SCALPERT Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod SCALPERT Download Andriod Trade Mobi Download
iPhone Mobile App (IOS) No Yes
iOS App Download Info Not Available iOS Trade Mobi Download
Android Tablet App Yes Yes
iPad App (IOS) No Yes
Trading Software Charges Basic platforms are free, advance platforms are chargeable. Info Not Available
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Finvasia Equity Intraday and Delivery Brokerage Calculator for Anand Rathi
Futures Brokerage Calculator Futures Brokerage Calculator for Finvasia Futures Brokerage Calculator for Anand Rathi
Options Brokerage Calculator Options Brokerage Calculator for Finvasia Options Brokerage Calculator for Anand Rathi
Detail Detail on Trading Platforms for finvasia Detail on Trading Platforms for anand-rathi-broker

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Broker Ratings by Users

Compare Finvasia vs Anand Rathi on User Rating

  Finvasia Anand Rathi
  17 Customer Reviews    Rate Finvasia 2 Customer Reviews    Rate Anand Rathi
Fees Ratings 4.3 3.5
Trading Brokerage Rating 4.6 3.0
Trading Platform Usability 4.0 3.0
Customer Service Ratings 3.5 3.5
Overall Ratings 4.2 3.0
Broker Rating Finvasia is Rated 4.2 / 5 based on 17 customer reviews Anand Rathi is Rated 3.0 / 5 based on 2 customer reviews
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Investment Offerings

Compare Finvasia vs Anand Rathi on Investment Offerings

Compare Finvasia 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 Finvasia doesn't offer

Investment Offerings - Compare Finvasia with Anand Rathi
Investment Offerings Compare Finvasia Anand Rathi
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application Yes No
Mutual Funds Yes Yes
Bond / NCD Yes Yes
ETF Yes Yes
Banking No No
Insurance No 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 Finvasia vs Anand Rathi on Order Types

Order Type - Compare Finvasia 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) - Finvasia 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) - Finvasia provide 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- Both broker doesn't support Good Till Cancelled (GTC) orders.

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

Compare Finvasia vs Anand Rathi on Customer Service

Compare Finvasia 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 Finvasia with Anand Rathi
Customer Service Compare Finvasia Anand Rathi
24/7 Customer Service Finvasia vs Anand Rathi - 24x7 customer support No No
Email Support Finvasia vs Anand Rathi - Email Support Yes Yes
Onine Live Chat Finvasia vs Anand Rathi - Onine Live Chat Yes Yes
Phone Support Finvasia vs Anand Rathi - Phone Support Yes Yes
Toll Free Number Finvasia vs Anand Rathi - Toll Free Number No Yes
Through Branches Finvasia vs Anand Rathi - Through Branches No Yes
Customer Care Number Finvasia vs Anand Rathi - Customer Care Number Support: +91 9779 097 777/Sales: +91 9098 001 001 0291 710 5596/1800 420 1004 (toll-free)
Account Opening Process Finvasia vs Anand Rathi - Account Opening Process Online/Paperless Info Not Available
Customer Support Email Finvasia vs Anand Rathi - Customer Support Email [email protected]/[email protected] [email protected]
Knowledge Center/Education Finvasia vs Anand Rathi - Knowledge Center/Education https://finvasia.com/announcements https://anandrathi.com/Inv_rathi_blog/
Head Office Address Finvasia vs Anand Rathi - Head Office Address/Corporate Address Finvasia Securities Pvt Ltd
Plot #10,
Netsmatrz House (Level 3),
Rajiv Gandhi Chd. Tech Park,
Chandigarh -160101
Info Not Available
Website Finvasia vs Anand Rathi - Company Website https://www.finvasia.com/ Info Not Available
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Tips/Research/Reports Published

Compare Finvasia vs Anand Rathi on Research Reports, Tips

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

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

Compare Finvasia vs Anand Rathi on Demat Account

Compare Finvasia 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 Finvasia is Free where for Anand Rathi is ₹450 pa (Second year onwards). Finvasia is a better choice in terms of Demat AMC compare to Anand Rathi.

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 Finvasia is ₹9 + ₹5.50 (CDSL Charges) for every transaction 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 Finvasia with Anand Rathi
  Finvasia Anand Rathi
DP Source CDSL CDSL
DP ID Finvasia vs Anand Rathi - DP ID 84300 No
Demat Account Annual Maintenance Charges(AMC) Free ₹450 pa (Second year onwards)
Advance Deposit Rs 0 NIL
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) ₹9 + ₹5.50 (CDSL Charges) for every transaction ₹15 + ₹5.50 CDSL charges
Demat ₹15 per certificate ₹3 per certificate + ₹35 courier charges
Remat ₹15 for every hundred securities + CDSL Charges ₹15 for every hundred securities or ₹15 per certificate (whichever is higher)
Pledge Creation ₹25 per transaction 0.01% of the value (Min ₹50) + CDSL charges
Pledge Creation Confirmation NIL Nil
Pledge Closure ₹25 per transaction 0.01% of the value (Min ₹50) + CDSL charges
Pledge Closure Confirmation NIL 0.01% of the value (Min ₹50) + CDSL charges
Pledge Invocation ₹19 per transaction 0.01% of the value (Min ₹50) + CDSL charges
Failed Instruction Charges ₹49 ₹25
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Finvasia vs Anand Rathi on Special Offers and Promotion

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

Compare Finvasia vs Anand Rathi on Special Offers and Promotion
  Finvasia Anand Rathi
Pay In and Pay Out Options Finvasia vs Anand Rathi - Pay In and Pay Out Options Pay-in with cheque, online bank transfer via IMPS, NEFT or RTGS, UPI, Netbanking / Payment Gateway from SCALPERT, NSET, NOW, Fox Trader, BEST Software.
Pay-out / Withdrawal Fund through bank transfer only.
Info Not Available
Payout Time Finvasia vs Anand Rathi - Payout Time Up to 24 hrs except for bank holidays. Info Not Available
Bank Supported and Charges Finvasia vs Anand Rathi - Bank Supported and Charges Around 20+ banks allow instant credit facility (payment gateway) with charges of Rs 9 + GST from Finvasia trading platforms. Info Not Available
Bank Detail FINVASIA SECURITIES PVT LTD,
Account Number:08730340000255
Bank and Branch: Plot no.28, Phase 1, Industrial Area, Chandigarh
Account Type: Current Account
IFSC Code:HDFC0000873
Info Not Available
Likes

No-doubt, zero brokerage fees is the most crucial benefit available on trading with Finvasia. Check out the key pros or advantages of opening an account and trading with Finvasia as follows;

  • Zero account opening fees.
  • Commission or Brokerage-free trading across all segments.
  • Free and easy-to-use platforms; Shoonya web, app, and exe desktop software.
  • Free of cost Shoonya Developer API.
  • Start algo trading with HFT Algo.
  • Invest in IPO, bonds, and direct mutual funds.
  • Finvasia allows BTST (Buy Today, Sell Tomorrow) facility.
  • Place advanced orders like bracket order (BO), cover order (CO), and after market order (AMO).
  • GTT (Good Till Triggered order) is available across all segments with 1 year validity.
  • Zero call & trade charges.
  • No annual maintenance fee.
  • Zero hidden charges.
  • Lowest DP Charges.

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

Despite no brokerage charges levied, there are some concerns, cons, or disadvantages of trading with Finvasia, here are the points;

  • Does not provide margin funding.
  • You cannot open a 3-in-1 account with Finvasia.
  • Finvasia is an online discount broker and does not have any physical branches.
  • It does not provide intraday trading tips, investment ideas, and research
  • No dedicated relationship manager.

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...

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Last Updated on 2023-09-05T02:25:49+00:00