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Anand Rathi Vs Finvasia – Share Brokers Comparison
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Anand Rathi Vs Finvasia
Here is a point by point comparison of Anand Rathi Vs Finvasia. Anand Rathi is a full service stock broking housing with its operations started back in 1994. It is known for providing trading and investment services across a whole range of financial assets. Further, it has got an array of trading platforms across web, desktop and mobile. Finvasia is a discount broker launched in 2013 with a unique proposition of zero brokerage charges on trading. The broker charges its clients on the basis of the trading platform(s) subscribed to. Based out of Chandigarh, Finvasia allows to trade in Equity, Commodity and Derivatives and not in currency.
Discount brokers such as Finvasia offer trading services at much cheaper brokerage rates and reasonable customer service. Full service brokers such as Anand Rathi will help you, spoon feed you, hand hold you through the process, even if you need an offline help, meet someone, talk to somebody and so on. Choosing between the two depends on your preferences, your online appetite, your understanding of the stock market and so on.
To make things easy for you, we have listed out the comparison between Anand Rathi Vs Finvasia to help you find which of the two suits your needs better. The comparison is made on aspects such as:
- Company Overview
- Account Opening Charges
- Brokerage
- Exposure or Leverages
- Research
- Trading Platforms
- Other Features
Generally above mentioned aspects are good enough to make a decision based on your preferences, but feel free to let us know what more areas you would like us to cover. Most of the content has been vetted by the corresponding stock broking firms. We hope this article helps you to understand which of the two brokers is better for your needs.
COMPARISON
 |  | |
| Anand Rathi Review | Finvasia Review | |
| OVERVIEW | ||
| Broker Type | Full Service Broker | Discount Broker |
| Incorporated In the Year | 1994 | 2013 |
| Number of branches across India | 1200 | 1 |
| Exchanges | BSE, NSE, MCX, NCDEX and USE | NSE, BSE, MCX |
| ACCOUNT CHARGES | NSE, BSE, MCX-SX | |
| Trading Account Opening Charges | ₹750 | ₹0 |
| Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
| Demat Account Opening Charges | ₹550 | ₹0 |
| Demat Account Annual Maintenance Charges | ₹0 for first year, ₹299 from second year | ₹0 |
| Transaction Charges | Anand Rathi Transaction Charges | Finvasia Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | 0.3% (can be negotiated further) | ₹149 per month per segment |
| Intraday Delivery | 0.03% | ₹149 per month per segment |
| Equity Futures | 0.03% | ₹149 per month per segment |
| Equity Options | ₹50 per executed order | ₹149 per month per segment |
| Currency Futures | 0.03% | ₹149 per month per segment |
| Currency Options | ₹50 per executed order | ₹149 per month per segment |
| Commodity | 0.03% | ₹149 per month per segment |
| Brokerage Calculator | Anand Rathi Brokerage Calculator | |
| EXPOSURE OR LEVERAGE | ||
| Equity | Upto 10 times for Intraday, Upto 4 times for Delivery | Upto 10 times for Intraday |
| Equity Futures | Upto 2 times for Intraday | Upto 2 times |
| Equity Options | Buying no leverage, Shorting upto 2 times | NA |
| Currency Futures | Upto 2 times for Intraday | NA |
| Currency Options | Buying no leverage, Shorting upto 2 times | NA |
| Commodities | Upto 2 times for Intraday | Upto 2 times |
| RESEARCH | ||
| Daily Market Reports |  |  |
| Tips/Recommendations | | |
| Quarterly Analysis | | |
| News Alerts | | |
| TRADING SEGMENTS | ||
| Equity | | |
| Mutual Funds | | |
| IPOs | | |
| Currency | | |
| Commodity | | |
| CUSTOMER SERVICE OPTIONS | ||
| Email Support | | |
| Live Chat | | |
| Phone | | |
| Toll Free Number | | |
| Offline Branches | | |
| FEATURES | ||
| Mobile Trading | | |
| Orders Accepted After Trading Hours | | |
| Charting | | |
| SMS Alerts | | |
| Robo Advisory | | |
| Automated Trading | | |
| Market Tips | | |
| Margin Funding | | |
| Relationship Managers | | |
| 3 in 1 Account | | |
| Trading Platform(s) | Trade X'Press+, Trade Lite, Trade Mobi, Trade X'Pro, Trade X'Pro+ | NOW, Nest, AMI Broker, Presto, Blitz |
| Total BSE+NSE Complaints | 61 | 4 |
| OVERALL RATING |  |  |
Have you in the past or are currently trading with any of the above stock brokers? If yes, would you like to share your experience(s) with Anand Rathi or Finvasia for the benefits of other readers. Please feel free to share in the comments below.
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