Anand Rathi Vs Upstox – Share Brokers Comparison
Anand Rathi Vs Upstox
Here is a point by point comparison of Anand Rathi Vs Upstox. 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.
Upstox (also known as RKSV) is a discount broker launched by 3 co-founders in 2012. Today, RKSV does a daily turnover of ₹5000 Crore with a customer base of around 20,000. The firm has been backed up by some of the prominent names such as Ratan Tata, Kalaari Capital and GVK Davix.
Discount brokers such as Upstox 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 Upstox 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 | Upstox Review | |
OVERVIEW | ||
Broker Type | Full Service Broker | Discount Broker |
Incorporated In the Year | 1994 | 2012 |
Number of branches across India | 1200 | 3 |
Exchanges | BSE, NSE, MCX, NCDEX and USE | NSE, BSE, MCX and MCX – SX |
ACCOUNT CHARGES | ||
Trading Account Opening Charges | ₹750 | ₹150 |
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 | ₹150 |
Transaction Charges | Anand Rathi Transaction Charges | Upstox Transaction Charges |
BROKERAGE | ||
Equity Delivery | 0.3% (can be negotiated further) | ₹0 |
Intraday Delivery | 0.03% | ₹20 per executed order |
Equity Futures | 0.03% | ₹20 per executed order |
Equity Options | ₹50 per executed order | ₹20 per executed order |
Currency Futures | 0.03% | ₹20 per executed order |
Currency Options | ₹50 per executed order | ₹20 per executed order |
Commodity | 0.03% | ₹20 per executed order |
Brokerage Calculator | Anand Rathi Brokerage Calculator | Upstox Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | Upto 10 times for Intraday, Upto 4 times for Delivery | Upto 20 times Intraday |
Equity Futures | Upto 2 times for Intraday | Upto 4 times for Intraday |
Equity Options | Buying no leverage, Shorting upto 2 times | Upto 4 times for Intraday |
Currency Futures | Upto 2 times for Intraday | Upto 4 times for Intraday |
Currency Options | Buying no leverage, Shorting upto 2 times | Upto 4 times for Intraday |
Commodities | Upto 2 times for Intraday | Upto 3 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) | Trade X'Press+, Trade Lite, Trade Mobi, Trade X'Pro, Trade X'Pro+ | NEST, Upstox, Upstox Pro |
Complaint Percentage of Active Clients | 0.06% | 0.12% |
OVERALL RATING | ||
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