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 Upstox
Upstox is a tech-first low cost broking firm in India providing trading opportunities at unbeatable prices. Company provide trading on different segments such as equities, commodities, currency, futures, options which are available on its Upstox Pro Web and Upstox Pro Mobile trading platforms.
Upstox is backed by a group of investors including Kalaari Capital, Ratan Tata and GVK Davix.
Upstox tra...
Incorporated in 1994, Anand Rathi is a Full Service Broker. It offers trading at NSE, BSE, MCX, MSEI, & NCDEX. It has 1200 branches across India. Incorporated in 2012, Upstox is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India.
| Anand Rathi | Upstox | |
|---|---|---|
| Type of Broker | Full Service Broker | Discount Broker |
| Exchnage Membership | NSE, BSE, MCX, MSEI, & NCDEX | BSE, NSE, MCX |
| Year of Incorporation | 1994 | 2012 |
| Number of Branches | 1200 | |
| Open Upstox Account |
Anand Rathi trading account opening charges is Rs 0 (Free) while Upstox account opening changes is Rs 0 (Free). Anand Rathi Demat Account AMC Charges is 450 + GST 18% = 532 (1st year free) and Upstox Demat Account AMC Charges is Rs 300 (Free for 1st Year).
| Anand Rathi | Upstox | |
|---|---|---|
| Trading Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
| Trading Account AMC Charges | Rs 0 (Free) | Rs 0 (Free) |
| Demat Account Opening Charges | Rs 0 (Free) | Rs 0 (Free) |
| Demat Account AMC Charges | 450 + GST 18% = 532 (1st year free) | Rs 300 (Free for 1st Year) |
Anand Rathi Brokerage Charges for equity is 0.15% and intraday is 0.015%. whereas Upstox brokerage charges for equity is Rs 20 per executed order and Intraday is Rs 20 per executed order or 0.1% whichever islower.
| Account Type | Anand Rathi Digital Plan | Upstox Default |
|---|---|---|
| Fixed Charges | NA | NA |
| Equity Delivery | 0.15% | Rs 20 per executed order |
| Equity Intraday | 0.015%. | Rs 20 per executed order or 0.1% whichever islower |
| Equity Futures | 0.015% | Rs 20 per executed order or 0.05% whichever is lower |
| Equity Options | Rs 50 per lot | Rs 20 per executed order |
| Currency Futures | 0.015% | Rs 20 per executed order or 0.05% whichever is lower |
| Currency Options | Rs 50 per lot | Rs 20 per executed order |
| Commodity Futures | 0.015% | Rs 20 per executed order or 0.05% whichever is lower |
| Commodity Options | Rs 50 per lot | Rs 20 per executed order |
| 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. | Special Offer: Flat Brokerage: ₹20/order for Intraday, Delivery and F&O| ₹0 Account Opening charges| Zero Commissions on Mutual Funds |
| Anand Rathi | Upstox | |
|---|---|---|
| Account Type | Phygital Plan | Default |
| Fixed Charges | NA | NA |
| Equity Delivery | 0.30% | Rs 20 per executed order |
| Equity Intraday | 0.03% | Rs 20 per executed order or 0.1% whichever islower |
| Equity Futures | 0.03% | Rs 20 per executed order or 0.05% whichever is lower |
| Equity Options | Rs. 100 per lot | Rs 20 per executed order |
| Currency Futures | 0.03% | Rs 20 per executed order or 0.05% whichever is lower |
| Currency Options | Rs. 100 per lot | Rs 20 per executed order |
| Commodity Futures | 0.03% | Rs 20 per executed order or 0.05% whichever is lower |
| Commodity Options | Rs. 100 per lot | Rs 20 per executed order |
| Open Upstox Account |
| Minimum Brokerage | Rs 25 | 0.05% |
| Other Charges | Auto Square-off Charges: Rs 75 | |
| Call & Trade Charges | Rs 0 (Free) | Rs 75 per trade |
| Open Upstox Account |
Anand Rathi margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Upstox margin for intraday trading is up to 20% of the trade value (4x leverage) based on the stock.
| Anand Rathi | Upstox | |
|---|---|---|
| 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 Upstox Account |
The trading platforms offered Anand Rathi include TradeMobi, Trade Xpress+ and Tr@de X’pro. Upstox offers Upstox Pro Mobile App, Upstox Pro Web trading software.
| Anand Rathi | Upstox | |
|---|---|---|
| 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 | Upstox Pro Mobile App, Upstox Pro Web |
| Intraday Square-off Time | 3:15 PM | 3:00 PM |
| Trading In SME Shares Allowed? | | |
| Referral Program | | |
| Other Features | Access to Research, Investment Baskets, Value Added Plans | Option strategy builder, Chart360 |
| Open Upstox Account |
Anand Rathi is rated of 5 based on 19 customer reviews whereas Upstox is rated of 5 based on 150 customer reviews.
| Anand Rathi | Upstox | |
|---|---|---|
19 Customer Reviews  | 150 Customer Reviews | |
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| Broker Rating | Anand Rathi is Rated 3.1 / 5 based on 19 customer reviews | Upstox is Rated 2.4 / 5 based on 150 customer reviews |
| Anand Rathi | Upstox | |
|---|---|---|
| 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. | Flat Brokerage: ₹20/order for Intraday, Delivery and F&O| ₹0 Account Opening charges| Zero Commissions on Mutual Funds |
| Anand Rathi | Upstox | |
|---|---|---|
| Stock / Equity | | |
| Commodity | | |
| IPO | | |
| Mutual Funds | | |
| Bond / NCD | | |
| Debt | | |
| Anand Rathi | Upstox | |
|---|---|---|
| Casual Investor | | |
| Active Investor | | |
| Trader | | |
| Anand Rathi | Upstox | |
|---|---|---|
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| Promo / Offers | Zerodha (India's Best & No. 1 Broker)Special Offer - Free Equity Delivery and Mutual Funds
| Upstox Special OfferTrade Smarter With Upstox
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| Open Upstox Account |
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