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Anand Rathi Vs Indira Securities: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of Anand Rathi ranges between 0.02 to 0.20% while the brokerage of Indira Securities ranges between 0.01% to 0.10%. 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. Number of active customer for Anand Rathi is 1,25,264 where number of active customer for Indira Securities is 8,801. Anand Rathi is serving more customer compare to Indira Securities.

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? BSE, NSE, MCX, NCDEX NSE, BSE, MCX
Active Clients 1,25,264 8,801
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). Open a free Indira Securities account and trade Faster and Smarter with Trade Insta Mobile app and Trader Terminal platform. Algo trading, free research calls & trading tips, portfolio management services, and mutual fund robotic advisory are the...Know more about Indira Securities
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 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 - Both broker offers Free Trading account opening. Demat AMC charges - Anand Rathi charges Rs 450 PA (Free for 1st year) AMC for Demat account where Indira Securities charges Rs 400 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Anand Rathi with Indira Securities
Charges Anand Rathi Indira Securities
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) Rs 400 PA
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 - 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 Indira Securities on Plan Options
Plan Types Anand Rathi Indira Securities
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 Anand Rathi vs Indira Securities 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.

Indira Securities Brokerage Plan detail - Indira Trade offers a fixed % based brokerage plan to customers.

Brokerage Charges - Compare Anand Rathi with Indira Securities
Brokerage Charges Compare Anand Rathi Indira Securities
Plan Name Classic Trading Plan (Percentage Based) Traditional Brokerage Plan
Equity Delivery 0.20% 0.10%
Equity Intraday 0.02% 0.01%
Equity Futures 0.02% 0.01%
Equity Options Rs 50 per lot Rs. 25 per lot (both side)
Currency Futures 0.02% Flat Fee Rs 20
Currency Options Rs 20 per lot Futures: 0.01%|Options: Rs. 25 per lot (both side)
Commodity Trading 0.02% Futures: 0.01%|Options: Rs. 25 per lot (both side)
Minimum Brokerage NIL NA
Hidden Charges Info Not Available Info Not Available
Funding Info Not Available Yes - 18% interest PA
Call & Trade Charges Free Free
Auto Square off Charges NA Free
Brokerage Calculator Brokerage Calculator for Anand Rathi Brokerage 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 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 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

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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 3.0 3.0
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) - Anand Rathi provide PMS Service where Indira Securities doesn't offer

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 Yes No
PMS Service Yes 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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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 0291 710 5596/1800 420 1004 (toll-free) +91-(0)731-4797105/115/146
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 [email protected] [email protected]
Knowledge Center/Education Anand Rathi vs Indira Securities - Knowledge Center/Education https://anandrathi.com/Inv_rathi_blog/ https://www.indiratrade.com/blog
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. 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 Indira Securities is ₹450 pa (Second year onwards) 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 Indira Securities is ₹20 or 0.02% whichever is higher.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 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
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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 in shares, derivatives, commodities, and currencies.
  • Paperless account opening at zero charges.
  • Invest in mutual funds online.
  • Safe & secure trading platform; Trade Insta app and Trader Terminal.
  • Free stock trading tips, and research & advisory.
  • Automated trading and robotic advisory services.
  • Free call & trade
  • Place advance order like bracket order, cover order, after market order.
  • Refer & earn benefits.
  • Margin trading facility.

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...

  • 24*7 customer support is not available.
  • You cannot open a 3-in-1 account with Indira Securities.
  • It doesn’t facilitate NRI trading services.
  • High brokerage charges compared to other brokers.
  • MF Planet platform only provides regular mutual fund schemes.

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 Open Zerodha Account Now>> Open Zerodha Account Now>>

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