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Anand Rathi Vs Fyers: 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 Max 0.02 to 0.20% 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. Number of active customer for Fyers is 2,04,904 where number of active customer for Anand Rathi is 1,14,238. Fyers is serving more customer compare to Anand Rathi.

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.

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
  • 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 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? BSE, NSE, MCX, NCDEX BSE, NSE, MCX
Active Clients 1,14,238 2,04,904
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). Fyers is one of India's most popular brokers thanks to its best-in-class technology platforms, user-friendly interface (Fyers 2.0 app, Fyers Next, and Fyers One terminal), ultra-low brokerage (Rs 20/order), lowest NRI trading (Rs 50/order) and free i...Know more about Fyers
Broker Enquiry Request call back from Zerodha Request call back from Fyers
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Account Opening Charges and AMC

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

Comparison of Anand Rathi with Fyers on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - Fyers 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 Anand Rathi with Fyers
Charges Anand Rathi Fyers
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) Free
Provide DP Service Yes Yes
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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 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 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

  Zerodha Fyers
Account Opening Request
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Brokerage Charges

Compare Anand Rathi vs Fyers 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.

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 0.20% Free
Equity Intraday 0.02% 0.03% or Rs 20 whichever is lower
Equity Futures 0.02% 0.03% or Rs 20 whichever is lower
Equity Options Rs 50 per lot Flat Fee Rs 20
Currency Futures 0.02% 0.03% or Rs 20 whichever is lower
Currency Options Rs 20 per lot Flat Fee Rs 20
Commodity Trading 0.02% Flat Fee Rs 20
Minimum Brokerage NIL NIL
Hidden Charges Info Not Available No
Funding Info Not Available No
Call & Trade Charges Free Rs 50 Per Order
Auto Square off Charges NA Rs 50 Per Order
Brokerage Calculator Brokerage Calculator for Anand Rathi Brokerage 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 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 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 trading/Automated Trading/Robotic trading/Program Trading for equity. Margin Funding - Anand Rathi offers a 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 Yes
Intraday Square-off Time 3:15PM 3:15 PM
NRI Trading Yes No
Other Features NIL Fyers 30 Day Challenge
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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 links 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 Fyers Web
Web Trading Demo Info Not Available Web Trading Demo
Mobile Site Yes No
Mobile Trading Yes Yes
Mobile Trading App Trade Mobi Fyers 2.0 Mobile App
Mobile Trading App Demo Info Not Available Fyers 2.0 Mobile App Demo
Android Mobile App Yes Yes
Android App Download Andriod Trade Mobi Download Andriod Fyers 2.0 Mobile App Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Trade Mobi Download iOS Fyers 2.0 Mobile App 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 10 Customer Reviews    Rate Fyers
Fees Ratings 3.5 3.5
Trading Brokerage Rating 3.0 3.6
Trading Platform Usability 3.0 3.6
Customer Service Ratings 3.5 3.4
Overall Ratings 3.0 3.2
Broker Rating Anand Rathi is Rated 3.0 / 5 based on 2 customer reviews Fyers is Rated 3.2 / 5 based on 10 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 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 Fyers doesn't offer

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 Yes
Online IPO Application No Yes
Mutual Funds Yes Yes
Bond / NCD Yes No
ETF Yes Yes
Banking No No
Insurance Yes No
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 Fyers on Order Types

Order Type - Compare Anand Rathi with Fyers 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) - 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 facilities. The orders are sent 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 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 Fyers on Customer Service

Compare Anand Rathi with Fyers 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 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 0291 710 5596/1800 420 1004 (toll-free) 08060001111
Account Opening Process Anand Rathi vs Fyers - Account Opening Process Info Not Available 100% online and paperless proc
Customer Support Email Anand Rathi vs Fyers - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Anand Rathi vs Fyers - Knowledge Center/Education https://anandrathi.com/Inv_rathi_blog/ https://fyers.in/school-of-stocks/
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 the 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. 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 Fyers is Free where for Anand Rathi is ₹450 pa (Second year onwards). Fyers 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 Anand Rathi is ₹15 + ₹5.50 CDSL charges where for Fyers is ₹7 + ₹5.50 (CDSL Charges) per transaction.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 Fyers
  Anand Rathi Fyers
DP Source CDSL CDSL
DP ID Anand Rathi vs Fyers - DP ID No 432-2019
Demat Account Annual Maintenance Charges(AMC) ₹450 pa (Second year onwards) Free
Advance Deposit NIL Nil
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) ₹15 + ₹5.50 CDSL charges ₹7 + ₹5.50 (CDSL Charges) per transaction
Demat ₹3 per certificate + ₹35 courier charges ₹0
Remat ₹15 for every hundred securities or ₹15 per certificate (whichever is higher) ₹0
Pledge Creation 0.01% of the value (Min ₹50) + CDSL charges Nil
Pledge Creation Confirmation Nil Nil
Pledge Closure 0.01% of the value (Min ₹50) + CDSL charges Nil
Pledge Closure Confirmation 0.01% of the value (Min ₹50) + CDSL charges Nil
Pledge Invocation 0.01% of the value (Min ₹50) + CDSL charges Nil
Failed Instruction Charges ₹25 Nil
Other Charges Nil Stamp Charges ₹50,
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Special Offers,Advantages,Disadvantages

Compare Anand Rathi vs Fyers on Special Offers and Promotion

Compare Anand Rathi with Fyers on the general features, advantages, disadvantages, payout 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 Up to 24 Hrs except for Bank Holidays.
Bank Supported and Charges Anand Rathi vs Fyers - Bank Supported and Charges Info Not Available 24+ banks connected via payment gateway, Free pay in and Free Pay Out.
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

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 on BSE, NSE, and MCX
  • Free stocks and mutual funds investment
  • Rs 20 fixed brokerage on all segments
  • Invest in IPOs, OFS, SGBs, G-secs, and T-bills
  • Cheapest Rs 50/order brokerage on NRI trading
  • User-friendly mobile app and website for investors
  • Fyers Next and Fyers One high-speed trading terminal for traders
  • Fyers Thematic Investing: Invest in expert curated basket of stocks.
  • Start Algo trading Access with Fyers API for free
  • Bracket order, cover order, GTT, AMO, basket order
  • Fyers School of Stocks, a free stock market learning platform.
  • Margin calculator, brokerage calculator, SIP & Lumpsum calculator, etc.

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...

  • No unlimited zero brokerage monthly plans
  • No 3-in-1 account offering
  • No mutual fund investment app
  • Research reports are not offered free

Detail Review...

Special Offers/Promo
Enquiry Open Zerodha Account Now>> Open Fyers Account Now>>

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