Anand Rathi Vs LKP Securities – Share Brokers Comparison
Anand Rathi Vs LKP Securities
Here is a point by point comparison of Anand Rathi Vs LKP Securities. 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.
LKP Securities is a full service stock broker based out of Mumbai and has presence in more than 2300 locations across 200 cities of India. Started as a securities brokerage house in 1948, LKP Securities is a listed public company that posted a networth of ₹158 Crore for the FY 2016-17.
Full service brokers such as Anand Rathi or LKP Securities 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 LKP Securities 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
LKP Securities Review | Anand Rathi Review | |
OVERVIEW | ||
Broker Type | Full Service Broker | Full Service Broker |
Incorporated In the Year | 1948 | 1994 |
Number of branches across India | 17 | 1200 |
Exchanges | NSE, BSE, MCX & MSEI | BSE, NSE, MCX, NCDEX and USE |
ACCOUNT CHARGES | NSE, BSE, MCX-SX | |
Trading Account Opening Charges | ₹250 | ₹750 |
Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
Demat Account Opening Charges | ₹0 | ₹550 |
Demat Account Annual Maintenance Charges | ₹200 | ₹0 for first year, ₹299 from second year |
Transaction Charges | LKP Securities Transaction Charges | Anand Rathi Transaction Charges |
BROKERAGE | ||
Equity Delivery | 0.1% | 0.3% (can be negotiated further) |
Intraday Delivery | 0.01% | 0.03% |
Equity Futures | 0.01% | 0.03% |
Equity Options | ₹10 per lot | ₹50 per executed order |
Currency Futures | 0.007% | 0.03% |
Currency Options | ₹10 per lot | ₹50 per executed order |
Commodity | 0.01% | 0.03% |
Brokerage Calculator | LKP Securities Brokerage Calculator | Anand Rathi Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | More than 10times(Depends on VAR)-Intraday & 5-6 times (Depends on VAR)-Delivery | Upto 10 times for Intraday, Upto 4 times for Delivery |
Equity Futures | Upto 4 times Intraday | Upto 2 times for Intraday |
Equity Options | 3 times buying, 4 times for Short | Buying no leverage, Shorting upto 2 times |
Currency Futures | 3 times intraday | Upto 2 times for Intraday |
Currency Options | 2 times buying, 3 times for Short | Buying no leverage, Shorting upto 2 times |
Commodities | Intraday 4 times, Carry forward 1 time | Upto 2 times for Intraday |
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) | LKP Blue, Trade Smart LKP Mobile App, LKP Boss | Trade X'Press+, Trade Lite, Trade Mobi, Trade X'Pro, Trade X'Pro+ |
Total BSE+NSE Complaints | 32 | 61 |
OVERALL RATING | ||
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