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About Anand Rathi
Incorporated in 1994, Anand Rathi is one of the leading financial and investment service providers in India. Anand Rathi is a full-service broker. It offers a wide range of investment services including broking services for equities, commodities, IPOs, currency, derivatives, structure products, bonds and smart baskets.
Anand Rathi also offers insurance, corporate deposits and loans, portfolio management, research and advisory, margin funding, loan against shares, etc. There are no charges on ad... 
About AxisDirect
Incorporated in 2005, Axis Securities Ltd is part of Axis Bank, a leading private bank in India. Axis Sec is a full-service broker offering stock broking services and distribution of financial products to retail customers in India through its AxisDirect brand. AxisDirect is among the top 10 stock brokers in India with over 4.2 lakhs active customers.
AxisDirect offers investment in Equities, Mutual Fund, SIP, IPO, Derivatives, Bond, NCD, ETF and Company Fixed Deposits. Axis Sec also offers Home ...
Incorporated in 1994, Anand Rathi is a Full Service Broker. It offers trading at NSE, BSE, MCX, & NCDEX. It has 1200 branches across India. Incorporated in 2006, AxisDirect is a Full Service Broker. It offers trading at BSE, NSE, MCX. It has 56 branches across India.
| Anand Rathi | AxisDirect | |
|---|---|---|
| Type of Broker | Full Service Broker | Full Service Broker |
| Exchnage Membership | NSE, BSE, MCX, & NCDEX | BSE, NSE, MCX |
| Year of Incorporation | 1994 | 2006 |
| Number of Branches | 1200 | 56 |
Anand Rathi trading account opening charges is Rs 0 (Free) while AxisDirect account opening changes is Rs 0. Anand Rathi Demat Account AMC Charges is 450 + GST 18% = 532 (1st year free) and AxisDirect Demat Account AMC Charges is Rs 750 (free for 1st year).
| Anand Rathi | AxisDirect | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | Rs 0 |
| Trading Account AMC Charges | Rs 0 (Free) | Rs 0 |
| Demat Account Opening Charges | Rs 0 (Free) | Rs 0 |
| Demat Account AMC Charges | 450 + GST 18% = 532 (1st year free) | Rs 750 (free for 1st year) |
Anand Rathi brokerage charges for equity is 0.20% and intraday is 0.02% whereas AxisDirect brokerage charges for equity is 0.50% (Each Leg) and intraday is 0.05% (Each Leg).
| Account Type | Anand Rathi Standard Plan | AxisDirect Standard Brokerage Plan |
|---|---|---|
| Fixed Charges | NA | NA |
| Equity Delivery | 0.20% | 0.50% (Each Leg) |
| Equity Intraday | 0.02% | 0.05% (Each Leg) |
| Equity Futures | 0.02% | 0.05% (Each Leg) |
| Equity Options | Rs 50 per lot | Rs 20 Per Order |
| Currency Futures | 0.02% | 0.03% (Each Leg) |
| Currency Options | Rs 20 per lot | Rs 20 Per Order |
| Commodity Futures | 0.02% | 0.03% (Each Leg) |
| Commodity Options | Rs 100 per lot | Rs 50 per lot |
| Special Offer | Zerodha (Flat Rs 20 Per Trade) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. | Zerodha (Flat Rs 20 Per Trade) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
| Minimum Brokerage | Rs 25 | Rs 25 per trade |
| Other Charges | ||
| Call & Trade Charges | Rs 0 (Free) | Rs 20 per call (First 20 calls free for a month) |
Anand Rathi margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the AxisDirect margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Anand Rathi | AxisDirect | |
|---|---|---|
| Equity Delivery | 100% of trade value (1x leverage) | 100% of trade value (1x leverage) |
| Equity Intraday | Up to 20% of trade value (5x leverage) | Up to 20% of trade value (5x leverage) |
| F&O (Eq, Curr, Comm) | 100% of NRML margin (Span + Exposure) (1x leverage) | 100% of NRML margin (Span + Exposure) (1x leverage) |
The trading platforms offered Anand Rathi include TradeMobi, Trade Xpress+ and Tr@de X’pro. AxisDirect offers DirectTrade, Axisdirect Web, Axisdirect Mobile trading software.
| Anand Rathi | AxisDirect | |
|---|---|---|
| 3 in 1 Account |  |  |
| Automated Trading | | |
| Margin Trading Funding | | |
| Margin Against Shares (Equity Cash) | | |
| Margin Against Shares (Equity F&O) | | |
| Trading Platform | TradeMobi, Trade Xpress+ and Tr@de X’pro | DirectTrade, Axisdirect Web, Axisdirect Mobile |
| Intraday Square-off Time | 3:15 PM | 3:15 |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | ||
Anand Rathi is rated of 5 based on 18 customer reviews whereas AxisDirect is rated of 5 based on 89 customer reviews.
| Anand Rathi | AxisDirect | |
|---|---|---|
18 Customer Reviews  | 89 Customer Reviews | |
| Fees |  |  |
| Brokerage |  |  |
| Trading Platform |  |  |
| Customer Service | |  |
| Research Capabilities |  |  |
| Overall Rating |  | |
| Broker Rating | Anand Rathi is Rated 2.9 / 5 based on 18 customer reviews | AxisDirect is Rated 2.0 / 5 based on 89 customer reviews |
| Anand Rathi | AxisDirect | |
|---|---|---|
| Contact Broker | Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. | Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today. |
| Anand Rathi | AxisDirect | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Anand Rathi | AxisDirect | |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| Buy Today Sell Tomorrow (BTST) | | |
| Sell Today Buy Tomorrow (STBT) | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| Anand Rathi | AxisDirect | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Anand Rathi | AxisDirect | |
|---|---|---|
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| Promo / Offers | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
| Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
