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 man... 
About m.Stock
Incorporated in April 2022 by Mirae Asset Capital Markets (India) Pvt Ltd, m.Stock offers a comprehensive range of stockbroking services to retail clients under its brand. It offers investment opportunities in stocks, currencies, IPOs and direct mutual funds.
m.Stocks offer Rs 0 account opening fee, Free Delivery Plan across Mutual Funds, ETF, IPO, and brokerage of Rs 5 applicable on Equity Intrad...
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 2022, m.Stock is a Discount. It offers trading at BSE, NSE, MCX. It has 0 branches across India.
| Anand Rathi | m.Stock | |
|---|---|---|
| Type of Broker | Full Service Broker | Discount |
| Exchnage Membership | NSE, BSE, MCX, & NCDEX | BSE, NSE, MCX |
| Year of Incorporation | 1994 | 2022 |
| Number of Branches | 1200 | 0 |
Anand Rathi trading account opening charges is Rs 0 (Free) while m.Stock account opening changes is Rs 0. Anand Rathi Demat Account AMC Charges is 450 + GST 18% = 532 (1st year free) and m.Stock Demat Account AMC Charges is Rs 219 per quarter (Quarterly operating charges).
| Anand Rathi | m.Stock | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | Rs 0 |
| Trading Account AMC Charges | Rs 0 (Free) | Rs 0 (Free) |
| Demat Account Opening Charges | Rs 0 (Free) | Rs 0 |
| Demat Account AMC Charges | 450 + GST 18% = 532 (1st year free) | Rs 219 per quarter (Quarterly operating charges) |
Anand Rathi brokerage charges for equity is 0.20% and intraday is 0.02% whereas m.Stock brokerage charges for equity is Rs 0 (Free) and intraday is Rs 5 per executed orders.
| Account Type | Anand Rathi Standard Plan | m.Stock |
|---|---|---|
| Fixed Charges | NA | |
| Equity Delivery | 0.20% | Rs 0 (Free) |
| Equity Intraday | 0.02% | Rs 5 per executed orders |
| Equity Futures | 0.02% | Rs 5 per executed orders |
| Equity Options | Rs 50 per lot | Rs 5 per executed orders |
| Currency Futures | 0.02% | Rs 5 |
| Currency Options | Rs 20 per lot | Rs 5 |
| Commodity Futures | 0.02% | NA |
| Commodity Options | Rs 100 per lot | NA |
| 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 | |
| Other Charges | Rs 5/order - MTF | |
| Call & Trade Charges | Rs 0 (Free) | Rs 0 (Free) |
Anand Rathi margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the m.Stock margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.
| Anand Rathi | m.Stock | |
|---|---|---|
| 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. m.Stock offers Mobile App & Web Platform trading software.
| Anand Rathi | m.Stock | |
|---|---|---|
| 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 | Mobile App & Web Platform |
| Intraday Square-off Time | 3:15 PM | |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | Buyback Trading | |
Anand Rathi is rated of 5 based on 18 customer reviews whereas m.Stock is rated of 5 based on 3 customer reviews.
| Anand Rathi | m.Stock | |
|---|---|---|
18 Customer Reviews  | 3 Customer Reviews | |
| Fees |  |  |
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| Trading Platform |  |  |
| Customer Service | | |
| Research Capabilities | |  |
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| Broker Rating | Anand Rathi is Rated 2.9 / 5 based on 18 customer reviews | m.Stock is Rated 3.7 / 5 based on 3 customer reviews |
| Anand Rathi | m.Stock | |
|---|---|---|
| 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 | m.Stock | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Anand Rathi | m.Stock | |
|---|---|---|
| Bracket Order | | |
| Cover Order | | |
| Buy Today Sell Tomorrow (BTST) | | |
| Sell Today Buy Tomorrow (STBT) | | |
| After Market Order (AMO) | | |
| Good Till Cancelled (GTC) | | |
| Anand Rathi | m.Stock | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Anand Rathi | m.Stock | |
|---|---|---|
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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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