Free Equity Delivery
Flat ₹10 per Trade in Intraday & F&O
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About Indiabulls Securities
Incorporated on October 30, 2003, Indiabulls Securities Limited (ISL), formerly known as Dhani Stocks Limited, is registered with SEBI as both a Stock Broker (INZ000036136) and a Depository Participant (IN-DP-423-2019).
Indiabulls Securities Limited offers the user-friendly yet powerful and feature-rich online trading platforms (Power Indiabulls Desktop software, Web and Indiabulls Securities App).
ISL offers a wide range of financial and investment services tailored to meet the needs of individ... 
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...
Incorporated in 2003, Indiabulls Securities is a Discount Broker. It offers trading at BSE, NSE and MCX. It has branches across India. Incorporated in 1994, Anand Rathi is a Full Service Broker. It offers trading at NSE, BSE, MCX, & NCDEX. It has 1200 branches across India.
| Indiabulls Securities | Anand Rathi | |
|---|---|---|
| Type of Broker | Discount Broker | Full Service Broker |
| Exchnage Membership | BSE, NSE and MCX | NSE, BSE, MCX, & NCDEX |
| Year of Incorporation | 2003 | 1994 |
| Number of Branches | 1200 | |
| Open Indiabulls Securities Account |
Indiabulls Securities trading account opening charges is Free (NIL) while Anand Rathi account opening changes is Rs 0 (Free). Indiabulls Securities Demat Account AMC Charges is Rs 300 and Anand Rathi Demat Account AMC Charges is 450 + GST 18% = 532 (1st year free).
| Indiabulls Securities | Anand Rathi | |
|---|---|---|
| Trading Account Opening Charges | Free (NIL) | Rs 0 (Free) |
| Trading Account AMC Charges | Rs 0 (Free) | |
| Demat Account Opening Charges | Free (NIL) | Rs 0 (Free) |
| Demat Account AMC Charges | Rs 300 | 450 + GST 18% = 532 (1st year free) |
Indiabulls Securities brokerage charges for equity is Rs 11 per order or 2.5% whichever is lower and intraday is Rs 11 per order or 2.5% whichever is lower whereas Anand Rathi brokerage charges for equity is 0.20% and intraday is 0.02%.
| Account Type | Indiabulls Securities Flat Fee Plan | Anand Rathi Standard Plan |
|---|---|---|
| Fixed Charges | NA | |
| Equity Delivery | Rs 11 per order or 2.5% whichever is lower | 0.20% |
| Equity Intraday | Rs 11 per order or 2.5% whichever is lower | 0.02% |
| Equity Futures | Rs 11 per Executed order | 0.02% |
| Equity Options | Rs 11 per Executed order | Rs 50 per lot |
| Currency Futures | Rs 11 per Executed order | 0.02% |
| Currency Options | Rs 11 per Executed order | Rs 20 per lot |
| Commodity Futures | Rs 11 per Executed order | 0.02% |
| Commodity Options | Rs 11 per Executed order | Rs 100 per lot |
| Special Offer | Special Offer: Trade at ₹11 per executed order across all segments. Enjoy low-cost investing in Equity Delivery, Intraday, F&O, Currency, and Commodities.
Open an instant account (FREE) with Indiabulls Securities 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 11 | Rs 25 |
| Other Charges | ||
| Call & Trade Charges | Rs 50 | Rs 0 (Free) |
| Open Indiabulls Securities Account |
Indiabulls Securities margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Anand Rathi margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Indiabulls Securities | Anand Rathi | |
|---|---|---|
| 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) |
| Open Indiabulls Securities Account |
The trading platforms offered Indiabulls Securities include Indiabulls Securities App, Power Indiabulls Web & Power Indiabulls. Anand Rathi offers TradeMobi, Trade Xpress+ and Tr@de X’pro trading software.
| Indiabulls Securities | Anand Rathi | |
|---|---|---|
| 3 in 1 Account |  | |
| Automated Trading |  | |
| Margin Trading Funding | | |
| Margin Against Shares (Equity Cash) | | |
| Margin Against Shares (Equity F&O) | | |
| Trading Platform | Indiabulls Securities App, Power Indiabulls Web & Power Indiabulls | TradeMobi, Trade Xpress+ and Tr@de X’pro |
| Intraday Square-off Time | 3:15 PM | 3:15 PM |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | ||
| Open Indiabulls Securities Account |
Indiabulls Securities is rated of 5 based on 50 customer reviews whereas Anand Rathi is rated of 5 based on 18 customer reviews.
| Indiabulls Securities | Anand Rathi | |
|---|---|---|
50 Customer Reviews  | 18 Customer Reviews | |
| Fees |  |  |
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| Research Capabilities |  |  |
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| Broker Rating | Indiabulls Securities is Rated 3.2 / 5 based on 50 customer reviews | Anand Rathi is Rated 2.9 / 5 based on 18 customer reviews |
| Indiabulls Securities | Anand Rathi | |
|---|---|---|
| Contact Broker | Trade at ₹11 per executed order across all segments. Enjoy low-cost investing in Equity Delivery, Intraday, F&O, Currency, and Commodities.
Open an instant account (FREE) with Indiabulls Securities 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. |
| Indiabulls Securities | Anand Rathi | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Indiabulls Securities | Anand Rathi | |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| Buy Today Sell Tomorrow (BTST) | | |
| Sell Today Buy Tomorrow (STBT) | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| Open Indiabulls Securities Account |
| Indiabulls Securities | Anand Rathi | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Indiabulls Securities | Anand Rathi | |
|---|---|---|
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| Promo / Offers | Indiabulls Securities Special Offer₹11 brokerage on trades across all segments
Open your instant Indiabulls account online and start trading today. | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
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| Open Indiabulls Securities Account |
Open Indiabulls Securities Account