Compare 3 Brokers

Anand Rathi Vs Fyers: Which one is better?

The brokerage of Anand Rathi Max 0.05 to 0.5% per trade while the brokerage of Fyers ranges between Rs 20. Anand Rathi is a Full Service Broker where Fyers is a Discount Broker. Anand Rathi is having overall lower rating compare to Fyers. Anand Rathi is rated only 3 out of 5 where Fyers is rated 4 out of 5.

Here we present side-by-side comparison of Anand Rathi vs Fyers 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 Fyers'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.

Compare Anand Rathi vs Fyers on Service

  Anand Rathi Compare
Anand Rathi
Fyers Compare
Fyers
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? NSE, BSE, MCX, NCDEX & NSEL NSE
Broker Overview A Brokerage firm with extensive reach through its wide network of branches and sub brokers. Though not very open in terms of brokerage charges. Fyers Securities is the fresh breeze in the online discount brokerage industry that differentiates themselves from others in line by taking one step ahead by introducing thematic investing, advisory and recommendation services for smart investment.
Broker Enquiry Open an Online Trading Account with Anand Rathi. Leave your contact info and we will get in touch with you. Open an Online Trading Account with Fyers. Leave your contact info and we will get in touch with you.
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Account Opening Charges and AMC

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

In this section we have compared Anand Rathi with Fyers on trading & demat account opening charges and AMC. Trading account opening charges - Fyers offer Free account opening where Anand Rathi charges Rs 750 for account opeing. Demat AMC charges - Anand Rathi charges Rs 550 PA AMC for Demat account where Fyers charges Rs 400 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Anand Rathi with Fyers
Charges Anand Rathi Fyers
Trading Account Opening Fees Rs 750 Free
Trading AMC Free Free
Demat Account Opening Fees Rs 300 Free
Demat AMC Rs 550 PA Rs 400 PA
Provide DP Service Yes No
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About Brokerage Plans

Compare Anand Rathi vs Fyers on Plan Options

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

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

Account Opening

  Anand Rathi Fyers
Account Opening Request
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Brokerage Charges

Compare Anand Rathi vs Fyers on Brokerage Charges

Anand Rathi Brokerage Plan detail - its a basic plan and provide brokers, brokerage are bit higher as .05 to .5% where competitor are charging much less in similar plan.They have Advance plan with monthly fees.

Fyers Brokerage Plan detail - Trade in any segment with Free delivery trading and competitive brokerage of max Rs 20 in all other segments.

Brokerage Charges - Compare Anand Rathi with Fyers
Brokerage Charges Compare Anand Rathi Fyers
Plan Name Classic Trading Plan (Percentage Based) Max Rs 20 Per Order Trading Plan
Equity Delivery 0.5% or 50 paisa Free
Equity Intraday 0.05% -0.015% 0.01% or Rs 20 whichever is lower
Equity Futures 0.05% or 5 paisa 0.01% or Rs 20 whichever is lower
Equity Options 0.5% of Premium or Rs 20 per lot whichever is high Flat Fee Rs 20
Currency Futures 0.05% or 5 paisa 0.01% or Rs 20 whichever is lower
Currency Options 0.5% of Premium or Rs 20 per lot whichever is high Flat Fee Rs 20
Commodity Trading 0.05% or 5 paisa NA
Minimum Brokerage NIL NIL
Hidden Charges Info Not Available No
Funding Info Not Available No
Call & Trade Charges Info Not Available Rs 20 Per Order
Brokerage Calculator Brokerage Calculator for Anand Rathi Brokerage Calculator for Fyers
SPAN Margin Calculator SPAN Margin Calculator for Anand Rathi SPAN Margin Calculator for Fyers
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Share Broker's Transaction Charges

Compare Anand Rathi vs Fyers on Transaction Charges

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

Transaction Charges - Compare Anand Rathi with Fyers
Transaction Charges Compare Anand Rathi Fyers
Equity Delivery Rs 350 Per Cr Rs 325 Per Cr
Equity Intraday Rs 350 Per Cr Rs 325 Per Cr
Equity Futures Rs 200 Per Cr Rs 240 Per Cr
Equity Options Rs 6000 Per Cr Rs 5900 Per Cr
Currency Futures Rs 120 Per Cr Rs 175 Per Cr
Currency Options Rs 4200 Per Cr Rs 6500 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 fyers
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Account Features

Compare Anand Rathi vs Fyers on Account Features

Compare Anand Rathi with Fyers 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 tradig/Automated Trading/Robotic trading/Program Trading for equity. Margin Funding - Anand Rathi offers margin funding where Fyers doesn't offers margin funding. NRI Trading - Anand Rathi offers NRI where Fyers doesn't offers NRI Trading.

Account Features - Anand Rathi with Fyers
Account Features Compare Anand Rathi Fyers
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 Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Available Yes No
Combined Ledger for Equity and Commodity Yes No
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading Yes No
Other Features NIL Free Call & trade
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Trading Platform

Compare Anand Rathi vs Fyers on Trading Platform

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

Trading Platform - Compare Anand Rathi with Fyers
Trading Platform Compare Anand Rathi Fyers
Desktop Trading Platform OMNESYS NEST - Trade X Pro Fyers One
Desktop Demo Info Not Available Desktop Demo
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://www.anandrathi.com/Otn/Login/indexauth.jsp http://webtrader.fyers.in/userMaster/login
Web Trading Demo Info Not Available Web Trading Demo
Mobile Site Yes No
Mobile Trading Yes Yes
Mobile Trading App Trade Mobi Fyers Markets
Mobile Trading App Demo Info Not Available Fyers Markets Demo
Android Mobile App Yes Yes
Android App Download Andriod Trade Mobi Download Andriod Fyers Markets Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Trade Mobi Download iOS Fyers Markets 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 Fyers
Futures Brokerage Calculator Futures Brokerage Calculator for Anand Rathi Futures Brokerage Calculator for Fyers
Options Brokerage Calculator Options Brokerage Calculator for Anand Rathi Options Brokerage Calculator for Fyers
Detail Detail on Trading Platforms for anand-rathi-broker Detail on Trading Platforms for fyers

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Broker Ratings by Users

Compare Anand Rathi vs Fyers on User Rating

  Anand Rathi Fyers
  2 Customer Reviews    Rate Anand Rathi 5 Customer Reviews    Rate Fyers
Fees Ratings 3.5 3.4
Trading Brokerage Rating 3.0 3.8
Trading Platform Usability 3.0 4.2
Customer Service Ratings 3.5 4.0
Overall Ratings Rated 3.0 stars Rated 3.8 stars
Broker Rating Anand Rathi is Rated 3.0 / 5 based on 2 customer reviews Fyers is Rated 3.8 / 5 based on 5 customer reviews
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Investment Offerings

Compare Anand Rathi vs Fyers on Investment Offerings

Compare Anand Rathi with Fyers 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 brokers 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 Fyers doesn't offer. Online Mutual Fund Investment - both brokers offers online mutual fund investment option. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

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

Compare Anand Rathi vs Fyers on Order Types

Order Type - Compare Anand Rathi with Fyers on offerings of order types. All the broker provide CNC Order, MIS Order, NRML Order. Differance comes with advance order typle like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - Fyers 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) - Fyers 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 facility. The orders are send to exchange on the next trading day. GTC Orders- Fyers offers Good Till Cancelled (GTC) orders where Anand Rathi doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Anand Rathi with Fyers
Order Type Compare Anand Rathi Fyers
CNC Ordre Yes Yes
MIS Ordre Yes Yes
NRML Ordre Yes Yes
Cover Ordre No Yes
Bracket Ordre No Yes
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled No Yes
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Margin/Leverage

Compare Anand Rathi vs Fyers on Margin/Leverage

Comapre Anand Rathi with Fyers on Exposure/Margin offered by broker. We have compared Margin/Exposure in Equity Delivery, Intraday Products, Futures, Options, Equity Cover Orders, Futures & Options Cover Orders and Commodity Trading.

Exposure/margin - Compare Anand Rathi with Fyers
Margin Product Compare Anand Rathi Fyers
Equity Delivery Margin Anand Rathi vs Fyers - Equity Delivery Margin Info Not Available No Margin/Leverage for Equity delivery.
Equity Intraday Margin Anand Rathi vs Fyers - Equity Intraday Margin Info Not Available Up to 16x leverage for equity.
Futures Margin Anand Rathi vs Fyers - Futures Margin Info Not Available Up to 4x leverage for equity futures.
Options Margin Anand Rathi vs Fyers - Options Margin Info Not Available Up to 4x for options selling and 1.3x for options buying.
Equity CO Margin Anand Rathi vs Fyers - Equity CO Margin Info Not Available Up to 20x leverage for equity cover order.
Futures CO Margin Anand Rathi vs Fyers - Futures CO Margin Info Not Available Up to 33x leverage for future cover order.
Options CO Margin Anand Rathi vs Fyers - Options CO Margin Info Not Available Up to 33x leverage for options cover order.
Commodity Margin Anand Rathi vs Fyers - Commodity Margin Info Not Available Info Not Available
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Customer Service Offered

Compare Anand Rathi vs Fyers on Customer Service

Compare Anand Rathi with Fyers on customer service offered by the broker. This section compare type of service offered by each broker for quick resoluation for queries/issue you have.

Customer Support - Compare Anand Rathi with Fyers
Customer Service Compare Anand Rathi Fyers
24/7 Customer Service Anand Rathi vs Fyers - 24x7 customer support No No
Email Support Anand Rathi vs Fyers - Email Support Yes Yes
Onine Live Chat Anand Rathi vs Fyers - Onine Live Chat Yes No
Phone Support Anand Rathi vs Fyers - Phone Support Yes Yes
Toll Free Number Anand Rathi vs Fyers - Toll Free Number Yes No
Through Branches Anand Rathi vs Fyers - Through Branches Yes No
Customer Care Number Anand Rathi vs Fyers - Customer Care Number Info Not Available 080 4625 1111
Account Opening Process Anand Rathi vs Fyers - Account Opening Process Info Not Available Online/Paperless
Customer Support Email Anand Rathi vs Fyers - Customer Support Email Info Not Available [email protected]
Knowledge Center/Education Anand Rathi vs Fyers - Knowledge Center/Education Info Not Available https://fyers.in/faqs/
Head Office Address Anand Rathi vs Fyers - Head Office Address/Corporate Address Info Not Available Fyers Securities,
No. 19 & 20,
3rd Main, Gandhinagar,
Bangalore 560009
Website Anand Rathi vs Fyers - Company Website Info Not Available https://fyers.in/
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Tips/Research/Reports Published

Compare Anand Rathi vs Fyers on Research Reports, Tips

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

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

Compare Anand Rathi vs Fyers on Demat Account

Compare Anand Rathi with Fyers on Demat Service and Charges. This section cover about demat charges, demat service and other details

Demat Charges - Compare Anand Rathi with Fyers
  Anand Rathi Fyers
DP Source CDSL CDSL
DP ID Anand Rathi vs Fyers - DP ID No Info Not Available
Demat Account Annual Maintenance Charges(AMC) Scheme I : Free for 1st Year. Next Year Rs.450/- + S.tax Scheme II : NIL - with credit balance of Rs.3000/-(refundable) Scheme III : For 1st year Rs.500/- + ST, next year onwards Rs.450/+ Rs.500/-CDSL chg + ST (Corporate) 400 - Individual, 500 - Non Individual
Advance Deposit NIL NIL
Statutory charges NIL NIL
Transaction Charges on Debit (Per ISIN) Scheme I & II : Outgoing Rs 15/- Per ISIN [ Within POA to ARSSBL Pool A/c ] Other Than ARSSBL Minimum Rs 20/- and Maximum Rs 500/- or 0.02% of the market value whichever is lower Flat Rs 20 + 5.5 (CDSL charges)[On and Off Market Orders]
Demat Scheme I & II : Rs. 3/- per certificate plus Rs.35/- per request. In case of bulk, above 100 certificate Rs.5/- & Actual Courier charge 2 per certificate + Rs.35 courier charges
Remat Scheme I & II : Rs 15/- for every 100 securities or a Flat fee of Rs 15/- per certificate, Whichever is higher + 20/- Postage chg Rs 25
Pledge Creation Scheme I & II : 0.01% of value or min Rs.50/- per req 0.05% of the transaction value subject to a minimum of Rs 50 and a maximum of Rs 250
Pledge Creation Confirmation Scheme I & II : NIL 0.05% of the transaction value subject to a minimum of Rs 50 and a maximum of Rs 250
Pledge Closure Scheme I & II : 0.01% of value or min Rs.50/- per req 0.05% of the transaction value subject to a minimum of Rs 50 and a maximum of Rs 250
Pledge Closure Confirmation Scheme I & II : NIL 0.05% of the transaction value subject to a minimum of Rs 50 and a maximum of Rs 250
Pledge Invocation Scheme I & II : 0.01% of value or min Rs.50/- per req 0.02% of the transaction value subject to a minimum of Rs 50 + depository charges at actually
Failed Instruction Charges Scheme I & II : Rs 25/- per Instruction Rs 30 per transaction
Other Charges Scheme I & II : Instructions received on same day of Pay-in Rs. 25/- per scrip will be levied. Demat rejection by Company/RTA Rs. 25/- Per DRF. For extra statement if holding Rs 15/- will be charged per statement. Any Modification Rs. 15 /- Cheque Bounce- Rs. 350/- Physical Statement - Rs. 50/- (Courier charges) Modification in CML - Rs. 50/- per request

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Special Offers,Advantages,Disadvantages

Compare Anand Rathi vs Fyers on Special Offers and Promotion

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

Compare Anand Rathi vs Fyers on Special Offers and Promotion
  Anand Rathi Fyers
Pay In and Pay Out Options Anand Rathi vs Fyers - Pay In and Pay Out Options Info Not Available Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from Fyers Mobile, Fyers One and Fyers Web.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Anand Rathi vs Fyers - Payout Time Info Not Available Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges Anand Rathi vs Fyers - Bank Supported and Charges Info Not Available 21+ bank connected via payment gatway, Rs 10 fee for per transaction.
Bank Detail Info Not Available Fyers Securities,
Account Number:00090340002376
Bank and Branch: HDFC Bank,Kasturba Road, Bangalore
Account Type: Current Account
IFSC Code: HDFC0000009
Likes

margin funding available; Advanced Charting tools; after market order

Detail Review...

  1. Investment in mutual funds and advice on investment.
  2. Fyers trading and demat account opening is free and no minimum balance is required to open the account.
  3. In house and unique portfolio investment for new entrants in market called thematic investing at Rs 100 per theme.
  4. Detail Review...

Dislikes

Hidden brokerage Charges, charges for using some of the platforms, minimum brokerage charges

Detail Review...

  1. Trading can be done on NSE only.
  2. No own DP service,they have tie-up with IL&FS for demat services.
  3. Automated trading, bracket and cover orders are not available.
  4. DP charges on selling is higher compared to other discount brokers.

Detail Review...

Special Offers/Promo Get FREE Trading for Limited Time + FREE Equity Delivery Trades (No Brokerage) + Rs 20 Max Trade in all other segments.
Enquiry Enquire about Anand Rathi Enquire about Fyers

Last Updated on 2019-07-08T23:21:00+00:00







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