Compare 3 Brokers

Anand Rathi Vs Indira Securities: Which one is better?

The brokerage of Anand Rathi ranges between 0.05 to 0.5% while the brokerage of Indira Securities ranges between Rs 20. Both the brokers are Full Service brokers. Anand Rathi is having overall lower rating compare to Indira Securities. Anand Rathi is rated only 3 out of 5 where Indira Securities is rated 4 out of 5.

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

  Anand Rathi Compare
Anand Rathi
Indira Securities Compare
Indira Securities
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, NCDEX & NSEL BSE, NSE, MCX
Active Clients 90,448
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. Indira Securities, one of the best brokerage houses with the cheapest brokerage offering a free Indira Securities 2-in-1 account, highly advanced trading platforms like TradeInsta mobile app, free research and advisory, and excellent customer service...Know more about Indira Securities
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 Indira Securities. 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 Indira Securities on Trading & Demat Account Opening Charges

Comparison of Anand Rathi with Indira Securities on trading & demat account opening charges and AMC. Trading account opening charges - Indira Securities offer Free account opening where Anand Rathi charges Rs 750 for account opening. Demat AMC charges - Anand Rathi charges Rs 550 PA AMC for Demat account where Indira Securities charges Rs 450 PA (2nd Year Onward) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Anand Rathi with Indira Securities
Charges Anand Rathi Indira Securities
Trading Account Opening Fees Rs 750 Free
Trading AMC Free Free
Demat Account Opening Fees Rs 300 Free
Demat AMC Rs 550 PA Rs 450 PA (2nd Year Onward)
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Anand Rathi vs Indira Securities on Plan Options

Plans are the most important feature you look when compare Anand Rathi with Indira Securities. This section compare on high level about type of plans offered by brokers. Multiple Plans - Indira Securities provides Multiple Plans where Anand Rathi doesn't offer Monthly Plans - Both the brokers don't have Monthly Plans.

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

Account Opening

  Anand Rathi Indira Securities
Account Opening Request
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Brokerage Charges

Compare Anand Rathi vs Indira Securities 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.

Indira Securities Brokerage Plan detail - IndiraTrade have both the plans for its client, discount brokerage plan is a flat fee of Rs 20 per executed order plan for Equity Cash, Equity F&O, Currency & Commodities.

Brokerage Charges - Compare Anand Rathi with Indira Securities
Brokerage Charges Compare Anand Rathi Indira Securities
Plan Name Classic Trading Plan (Percentage Based) Flat Fee Rs 20 Trading Plan
Equity Delivery 0.5% or 50 paisa Flat Fee Rs 20
Equity Intraday 0.05% -0.015% Flat Fee Rs 20
Equity Futures 0.05% or 5 paisa Flat Fee Rs 20
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 Flat Fee Rs 20
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 Flat Fee Rs 20
Minimum Brokerage NIL NA
Hidden Charges Info Not Available Info Not Available
Funding Info Not Available Yes - 18% interest PA
Call & Trade Charges Info Not Available Free
Brokerage Calculator Brokerage Calculator for Anand Rathi Brokerage Calculator for Indira Securities
SPAN Margin Calculator SPAN Margin Calculator for Anand Rathi SPAN Margin Calculator for Indira Securities
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Share Broker's Transaction Charges

Compare Anand Rathi vs Indira Securities on Transaction Charges

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

Transaction Charges - Compare Anand Rathi with Indira Securities
Transaction Charges Compare Anand Rathi Indira Securities
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 190 Per Cr
Equity Options Rs 6000 Per Cr Rs 5000 Per Cr
Currency Futures Rs 120 Per Cr Rs 120 Per Cr
Currency Options Rs 4200 Per Cr Rs 500 Per Cr
Commodity Non-Agri: Rs 360 Per Cr | Agri: Rs 275 Per Cr Non-Agri Rs 260| Agri Rs 600 Per Cr
Brokerage Charges Complete Brokerage Plans for anand-rathi-broker Complete Brokerage Plans for indira-securities
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Account Features

Compare Anand Rathi vs Indira Securities on Account Features

Compare Anand Rathi with Indira Securities 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 - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - Both broker provides NRI Trading facility.

Account Features - Anand Rathi with Indira Securities
Account Features Compare Anand Rathi Indira Securities
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 Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes Yes
Combined Ledger for Equity and Commodity Yes No
Intraday Square-off Time 3:15PM 3:15 PM
NRI Trading Yes Yes
Other Features NIL NIL
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Trading Platform

Compare Anand Rathi vs Indira Securities on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Anand Rathi and Indira Securities. 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 Indira Securities
Trading Platform Compare Anand Rathi Indira Securities
Desktop Trading Platform OMNESYS NEST - Trade X Pro ODIN Diet
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 https://www.indiratrade.com/trade-online
Web Trading Demo Info Not Available Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App Trade Mobi TradeInsta
Mobile Trading App Demo Info Not Available TradeInsta Demo
Android Mobile App Yes Yes
Android App Download Andriod Trade Mobi Download Andriod TradeInsta Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Trade Mobi Download iOS TradeInsta 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 Indira Securities
Futures Brokerage Calculator Futures Brokerage Calculator for Anand Rathi Futures Brokerage Calculator for Indira Securities
Options Brokerage Calculator Options Brokerage Calculator for Anand Rathi Options Brokerage Calculator for Indira Securities
Detail Detail on Trading Platforms for anand-rathi-broker Detail on Trading Platforms for indira-securities
Zerodha Online Branch Offices
Upstox Online Branch Offices
5paisa Online Branch Offices
Angel Broking Online Branch Offices

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Broker Ratings by Users

Compare Anand Rathi vs Indira Securities on User Rating

  Anand Rathi Indira Securities
  2 Customer Reviews    Rate Anand Rathi 1 Customer Reviews    Rate Indira Securities
Fees Ratings 3.5 2.0
Trading Brokerage Rating 3.0 4.0
Trading Platform Usability 3.0 2.0
Customer Service Ratings 3.5 2.0
Overall Ratings Rated 3.0 stars Rated 3.0 stars
Broker Rating Anand Rathi is Rated 3.0 / 5 based on 2 customer reviews Indira Securities is Rated 3.0 / 5 based on 1 customer reviews
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Investment Offerings

Compare Anand Rathi vs Indira Securities on Investment Offerings

Compare Anand Rathi with Indira Securities 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) - both the brokers don't have PMS Service.

Investment Offerings - Compare Anand Rathi with Indira Securities
Investment Offerings Compare Anand Rathi Indira Securities
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 Yes
Forex No No
MF SIP Investment Yes Yes
Equity SIP Investment No No
PMS Service No No
Other Investment Options NIL NIL
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Order Types

Compare Anand Rathi vs Indira Securities on Order Types

Order Type - Compare Anand Rathi with Indira Securities 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) - Indira Securities 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) - Indira Securities 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- Indira Securities offers Good Till Cancelled (GTC) orders where Anand Rathi doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Anand Rathi with Indira Securities
Order Type Compare Anand Rathi Indira Securities
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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Margin/Leverage

Compare Anand Rathi vs Indira Securities on Margin/Leverage

Compare Anand Rathi with Indira Securities on Exposure/Margin offered by the 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 Indira Securities
Margin Product Compare Anand Rathi Indira Securities
Equity Delivery Margin Anand Rathi vs Indira Securities - Equity Delivery Margin Info Not Available No Margin/Leverage for Equity Delivery.
Equity Intraday Margin Anand Rathi vs Indira Securities - Equity Intraday Margin Up to 10x or 10% subject to Var and ELM. Up to 3x to 10x leverage for equity MIS orders.
Futures Margin Anand Rathi vs Indira Securities - Futures Margin 1x means actual SPAN + Exposure. Up to 4x leverage for Stocks.
Options Margin Anand Rathi vs Indira Securities - Options Margin 1x means actual SPAN + Exposure in Sell and Premium Margin in Buy. Up to 3x exposure for Options shorting, No leverage for Options Buying.
Equity CO Margin Anand Rathi vs Indira Securities - Equity CO Margin Up to 10x or 10% subject to Var and ELM, no additioanl margin for Cover Order. Info Not Available
Futures CO Margin Anand Rathi vs Indira Securities - Futures CO Margin 1x means actual SPAN + Exposure margin, No additional Margin for Futures Cover Order. Info Not Available
Options CO Margin Anand Rathi vs Indira Securities - Options CO Margin 1x means actual SPAN + Exposure margin(Sell) or Premium Margin(Buy), No additional Margin for Options Cover Order. Info Not Available
Commodity Margin Anand Rathi vs Indira Securities - Commodity Margin 1x means actual SPAN + Exposure in Sell and Premium Margin in Buy. Up to 4x leverage for MCX futures.
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Customer Service Offered

Compare Anand Rathi vs Indira Securities on Customer Service

Compare Anand Rathi with Indira Securities 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 Indira Securities
Customer Service Compare Anand Rathi Indira Securities
24/7 Customer Service Anand Rathi vs Indira Securities - 24x7 customer support No Yes
Email Support Anand Rathi vs Indira Securities - Email Support Yes Yes
Onine Live Chat Anand Rathi vs Indira Securities - Onine Live Chat Yes Yes
Phone Support Anand Rathi vs Indira Securities - Phone Support Yes Yes
Toll Free Number Anand Rathi vs Indira Securities - Toll Free Number Yes Yes
Through Branches Anand Rathi vs Indira Securities - Through Branches Yes Yes
Customer Care Number Anand Rathi vs Indira Securities - Customer Care Number Info Not Available 022-66224202,204
Account Opening Process Anand Rathi vs Indira Securities - Account Opening Process Info Not Available Online/Paperless
Customer Support Email Anand Rathi vs Indira Securities - Customer Support Email Info Not Available [email protected]
Knowledge Center/Education Anand Rathi vs Indira Securities - Knowledge Center/Education Info Not Available https://www.inspireeducation.co/
Head Office Address Anand Rathi vs Indira Securities - Head Office Address/Corporate Address Info Not Available
  • Registered Office


    Indira House,
    3rd Floor, 5 Topiwala Lane,
    Opp.Lamington Road Police Station,
    Grant Road (East),
    Mumbai - 400007.
  • Corporate Office


    Indira Securities Pvt Ltd
    204 Amar Darshan,
    28/02, Old Palasia,
    Indore - 452018
Website Anand Rathi vs Indira Securities - Company Website Info Not Available https://www.indiratrade.com/
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Tips/Research/Reports Published

Compare Anand Rathi vs Indira Securities on Research Reports, Tips

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

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

Compare Anand Rathi vs Indira Securities on Demat Account

Compare Anand Rathi with Indira Securities on Demat Service and Charges. This section covers about demat charges, demat service and other details

Demat Charges - Compare Anand Rathi with Indira Securities
  Anand Rathi Indira Securities
DP Source CDSL CDSL
DP ID Anand Rathi vs Indira Securities - DP ID No 752000
Demat Account Annual Maintenance Charges(AMC) ₹450 pa (Second year onwards) ₹450 pa (Second year onwards)
Advance Deposit NIL Nil
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) ₹15 + ₹5.50 CDSL charges ₹20 or 0.02% whichever is higher
Demat ₹3 per certificate + ₹35 courier charges ₹5 per certificate + ₹35 courier charges
Remat ₹15 for every hundred securities or ₹15 per certificate (whichever is higher) ₹50 per RRN
Pledge Creation 0.01% of the value (Min ₹50) + CDSL charges ₹50
Pledge Creation Confirmation Nil Nil
Pledge Closure 0.01% of the value (Min ₹50) + CDSL charges ₹50
Pledge Closure Confirmation 0.01% of the value (Min ₹50) + CDSL charges Nil
Pledge Invocation 0.01% of the value (Min ₹50) + CDSL charges ₹50 or 0.02% whichever is higher
Failed Instruction Charges ₹25 ₹25
Other Charges Nil Book Charges ₹20,POA Charges ₹130

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Special Offers,Advantages,Disadvantages

Compare Anand Rathi vs Indira Securities on Special Offers and Promotion

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

Compare Anand Rathi vs Indira Securities on Special Offers and Promotion
  Anand Rathi Indira Securities
Pay In and Pay Out Options Anand Rathi vs Indira Securities - 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 TradeInsta.

Pay-out/Fund Withdrawal - Bank Transfer only

Payout Time Anand Rathi vs Indira Securities - Payout Time Info Not Available

Max 24 hrs except bank holidays

Bank Supported and Charges Anand Rathi vs Indira Securities - Bank Supported and Charges Info Not Available

Around 25 banks allow instant credit facility with charges of Rs 9 from IndiraTrade trading platform (TradeInsta).

Bank Detail Info Not Available HDFC Bank
Account#00360340002251
Branch: U.V.HOUSE SOUTH TUKOGANJ, INDORE, MP
IFSC Code:HDFC0000036
Likes

margin funding available; Advanced Charting tools; after market order

Detail Review...

Detail Review...

Dislikes

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

Detail Review...

  • 3-in-1 account is not available with the broker.
  • Clients based in MP and Rajasthan can't access IndiraTrade fixed brokerage plan
  • No NRI provisioning means NRI can't open an account with IndiraTrade.
  • Although BO and CO are available for both the equity and commodity segment but only on the web platform and not available on the TradeInsta mobile app

Detail Review...

Special Offers/Promo Open a Free demat and Trading Account with Indira Securities and Trade at a Flat Fee Rs 20 Per Order.
Enquiry Enquire about Anand Rathi Enquire about Indira Securities

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


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