ICICI Direct Vs Anand Rathi Online | Share Broker Comparison 2021

ICICI Direct Vs Anand Rathi Online step-by-step comparison between all aspect of share brokers like Active clients, Trading platform, Brokerage charges, Customer care supports & tools, Margin/leverage, Account opening charges etc.

Table of Contents

ICICI Direct Vs Anand Rathi Online Side-by-side Comparison

Broker Name	ICICI Direct	Anand Rathi Online
Broker Info	ICICI Direct Review	Anand Rathi Online Review

ICICI Direct Vs Anand Rathi Online Background Comparison

Background	ICICI Direct	Anand Rathi Online
Incorporation Year	2000	1994
Broker Services	Full-Service Discount Broker	Full-Service Broker
Website URL	icicidirect.com	rathi.com
Contact Number	1860 123 1122	1800 200 1002
Exchanges Accessible	NSE, BSE	NSE, BSE, MCX-SX, MCX, & NCDEX
Demat (NSDL/CDSL)	NSDL & CDSL	NSDL
Active Total Client	10,00,000+ Clients	100000+

Introduction

Introduction	Broker Reviews/Opinion
ICICI Direct	ICICI Direct is a subsidary of ICICI bank. ICICIDirect is india’s one of the top 5 full service stock broker. Offers all services at one palce like Trading account+ Bank account+ Demat Account
Anand Rathi Online	Anand Rathi Online is one of the oldest stock broker in India and the stock broking firm has more than 25 years of experience in stock market product. Best Customer Care Support and Trading portal are very easy to handle.

Broker Ratings and Reviews Comparison

Broker Rating/Reviews	ICICI Direct	Anand Rathi Online
Opening Charges	★★★★	★★★★★
Commissions & Fees	★★★★	★★★★★
Trading Platforms & Tools	★★★★	★★★★★
Order Execution	★★★★	★★★★★
Fund Add/Withdraw	★★★★	★★★★★
Customer Services	★★★★	★★★★★
Overall Rating	★★★★	★★★★★

Usable for Investors Category Comparison

Useful for Type of Investors	ICICI Direct	Anand Rathi Online
Day Traders	Yes, Available ✔	Yes, Available ✔
Active Investor/Trader	Yes, Available ✔	Yes, Available ✔
Investor	Yes, Available ✔	Yes, Available ✔

Account Opening Fees and AMC Comparison

Account Opening Fees and AMC	ICICI Direct	Anand Rathi Online
Trading Account Opening Charges	₹ 975	Rs.750
Trading Annual Maintenance Charges	₹ 0	Rs.0
Demat Account Opening Fees	₹ 0	Rs.550
Demat Annual Maintenance Charges	₹ 700	Rs.299 from second year onward
Commodity Fees	NA	Rs.300
Offer DP Service	Yes, Available ✔	Yes, Available ✔

Available Trading Brokerage Plans Comparison

Available Brokerage Plans	ICICI Direct	Anand Rathi Online
Monthly Subscription	Not Available, ✖	Not Available, ✖
Yearly Subscription	Not Available, ✖	Not Available, ✖
Multiple Subscription	Not Available, ✖	Not Available, ✖

Trading Brokerage Charges Comparison

Brokerage Charges	ICICI Direct	Anand Rathi Online
Plan Subscription Summery	Percentage Based Brokerage Charges	Anand Rathi Online offer percentages based brokerage.
Equity Intraday Charges	Equity Intraday 0.05%	0.05% – 0.015% paisa on 100 ruppes
Equity Delivery Charges	Delivery 0.25%- Negotiable	0.5% or 50 paisa on 100 ruppes
Equity Futures Charges	One side for Intraday & 0.05% on Turnover overnight	0.05% or 5 paisa on 100 ruppes
Equity Options Charges	Intraday ₹ 25 Per lot for Intraday & Overnight ₹ 95 per lot	0.5% of Premium or Rs 20 per lot whichever is high
Currency Futures Charges	One side for Intraday & 0.05% on Turnover overnight	0.05% or 5 paisa on 100 ruppes
Currency Options Charges	Intraday ₹ 25 Per lot for Intraday & Overnight ₹ 95 per lot	0.5% of Premium or Rs 20 per lot whichever is high
Commodity Charges	NA	0.05% or 5 paisa on 100 ruppes
Minimum Brokerage Fees	0.05% OR 5 Paisa on 100 rupees	Rs.0
Any Hidden Cost	No, ✖	No Information
Call & Trade Charges	First 20 Calls Free Than ₹ 25 per call & trade	No Information

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Available Margins / Leverage Comparison

Margins or Leverage	ICICI Direct	Anand Rathi Online
Equity Margin Intraday	Upto 16x times for equity cash.	Upto 10 Times
Equity Margin Delivery	Upto 8x times for equity delivery	upto 4 Times
Equity Margin Futures	Upto 8x times for equity futures	Upto 2 Times
Equity Margin Options	Upto 5x times for equity options	Upto 2 Times for shorting
Currency Margin Futures	Upto 8x for currency futures	Upto 2 Times
Currency Margin Options	Upto 8x for currency options	Upto 2 Times for shorting
Commodity Margin	NA	Upto 3 times for Intraday

Transparency and Transaction and other Government charges, Taxes Comparison

Transparency & Other Fees	ICICI Direct	Anand Rathi Online
Equity Day Trading	0.00325% or Rs.325/per crore.	0.0035% or Rs.350/per crore.
Equity Delivery	0.00325% or Rs.325/per crore.	0.0035% or Rs.350/per crore.
Equity Futures Trading	0.0019% or Rs.190/per crore.	0.002% or Rs.200/per crore.
Equity Options Trading	0.05% or Rs.5000/per crore.	0.06% or Rs.6000/per crore.
Currency Futures Trading	0.0011% or Rs.110/per crore.	0.0012% or Rs.120/per crore.
Currency Options Trading	0.04% or Rs.4000/per crore.	0.042% or Rs.4200/per crore.
Commodities Trading	NA	Agri: Rs.275 per crore & Non-Agri: Rs.360 per crore.
AMC Charge	₹ 700/- (1st year Free).	Free for trading & Rs 300/year for Demat
DP Transaction Fees	₹ 25/per transaction.	Rs 25/debit Instruction
Offline order placing Charge	₹ 25 /per call.	Rs.0
Sebi Charges	Rs.15/per cr.	Rs 15 per Crore
GST	18% on Brokerage + Transaction charges.	18% on (brokerage + transaction charges)
Stamp Duty	As per Clients state.	As per Clients state.

Available Trading Platform / Software Comparison

Trading Platforms / Software	ICICI Direct	Anand Rathi Online
Desktop Trading Platform	Trade Racer	OMNESYS NEST – Trade X Pro
Web Based	secure.icicidirect.com	anandrathi.com/Otn/Login/indexauth.jsp
Mobile Application	ICICI Direct Mobile	AnandRathi Trade Mobi

Trading Platform Details Comparison

Trading Platform Details	ICICI Direct	Anand Rathi Online
Demo (Desktop) Platform	Demo Link	No, ✖
Windows Desktop platform	Yes, Available ✔	Yes, Available ✔
MAC Desktop platform	No, ✖	No, ✖
Web Trading URL	Yes, Available ✔	Yes, Available ✔
Web Trading Portal Info	Yes, Available ✔	rathi.com
Mobile Site	Yes, Available ✔	Yes, Available ✔
Mobile Trading Availability	Yes, Available ✔	Yes, Available ✔
Mobile App Demo	Demo Link	Yes, Available ✔
Android / Ios Mobile App	Yes, ✔ Both Available	Yes, ✔ Both Available

Charting Facility Comparison

Charting	ICICI Direct	Anand Rathi Online
Intraday (Day Chart)	Yes, Available ✔	Yes, Available ✔
End of Day (Daily Chart)	Yes, Available ✔	Yes, Available ✔
Coding/Backtesting	No, ✖	Not Available, ✖

Reporting Comparison

Reporting	ICICI Direct	Anand Rathi Online
Trade Online Reports	Yes, Available ✔	Yes, Available ✔
PNL Online Reports	Yes, Available ✔	Yes, Available ✔
Online Contract Notes	Yes, Available ✔	Yes, Available ✔

Trading Support and Tools Comparison

Support & Tools	ICICI Direct	Anand Rathi Online
Research & Tips	Yes, Available ✔	Yes, Available ✔
Brokerage Calculator	No, ✖	No, ✖
Span Margin Calculator	No, ✖	No, ✖
Trailing Stoploss	No, ✖	No, ✖
Training & Education	Yes, ✔ Blogs, Articles	Yes, ✔ Blogs, Articles

Trading Features Comparison

Useful Trading Features	ICICI Direct	Anand Rathi Online
3 in 1 Account (Bank+Trading+Demat)	Yes, Available ✔	No, ✖
Instant Fund withdrawal	Yes, Available ✔	No, ✖(24 hours)
Relationship Managers (RM)	Yes, Available ✔	Yes, Available ✔
Charts	Yes, Available ✔	Yes, Available ✔
Algo Trading / Robot	No, ✖	No, ✖
Mobile SMS Alerts	Yes, Available ✔	Yes, Available ✔
Online Demo	Yes, Available ✔	Yes, Available ✔
Online Portfolio	Yes, Available ✔	Yes, Available ✔
Margin for Future Trading	Yes, Available ✔	Yes, Available ✔
Combined Records for Equity & Commodity	Yes, Available ✔	Yes, Available ✔
Intraday Sq.off Timing	3.15 PM	3.15 PM
Can NRI Trade	Yes, Available ✔	Yes, Available ✔
Extra Features	Ask to Broker	Insta Account

Services and Available Option Category Comparison

Investment Service and Available Options	ICICI Direct	Anand Rathi Online
Equity Cash & Future & Option	Yes, Available ✔	Yes, Available ✔
Currency Derivatives (Forex)	Yes, Available ✔	Yes, Available ✔
Commodity	Yes, Available ✔	Yes, Available ✔
Online IPO Request	Yes, Available ✔	Yes, Available ✔
Mutual Funds (MF)	Yes, Available ✔	Yes, Available ✔
Bonds / Negotiable Certificate of Deposit	Yes, Available ✔	Yes, Available ✔
Exchange-Traded Fund (ETF)	Yes, Available ✔	Yes, Available ✔
Banking Services	Yes, Available ✔	No, ✖
Direct Insurance	Yes, Available ✔	Yes, Available ✔
Forex Investment	Yes, Available ✔	No, ✖
MF SIP Investments	Yes, Available ✔	Yes, Available ✔
PMS Services	Yes, Available ✔	Yes, Available ✔
Other Options	Ask to Broker	Ask to Broker

Fund ADD / Fund Withdrawal Procedure Comparison

Fund Add/Withdrawal Process	ICICI Direct	Anand Rathi Online
Fund Pay In and Pay out	Add Fund: Cheque, Online Bank TraNsfer using IMPS, NEFT or RTGS, UPI, Net-Banking and payment gatway. Withdrawal fund: Bank Tranfer	Add Fund: Cheque, Online Bank TraNsfer using IMPS, NEFT or RTGS, UPI, Net-Banking and payment gatway. Withdrawal fund: Bank Tranfer
Time for Payout	24 hours (working days)	24 hours (working days).
Linked Bank	You can linked ICICI Bank account	Near about 15+ bank available with angel broking.

Trading Order Types Comparison

Trading Order Types	ICICI Direct	Anand Rathi Online
Cash N Carry (CNC Order)	Yes, Available ✔	Yes, Available ✔
Margin Intraday Square (MIS Order)	Yes, Available ✔	Yes, Available ✔
Normal (NRML Order)	Yes, Available ✔	Yes, Available ✔
Cover Order	Yes, Available ✔	No, ✖
Bracket Order	No, ✖	No, ✖
Buy Today Sell Tomorrow (BTST)	No Information	No Information
Sell Today Buy Tomorrow (STBT)	No Information	No Information
AMO -After Market Order	Yes, Available ✔	Yes, Available ✔
GTG-Good Till Cancelled	Yes, Available ✔	No, ✖

Customer Care Services and Numbers Comparison

Customer Care Services	ICICI Direct	Anand Rathi Online
Customer Care Service 24/7	No, ✖	No, ✖
Email Support	Yes, Available ✔	Yes, Available ✔
Live Chat Online	No, ✖	Yes, Available ✔
Phone Support	Yes, Available ✔	Yes, Available ✔
Toll-Free Number	Yes, Available ✔	Yes, Available ✔
Support by Branch	Yes, Available ✔	Yes, Available ✔
Customer Care Contact Number	1860 123 1122	1800 200 1002
Account Opening Procedure	Paperless	No Information
Customer Support Email	[email protected]	[email protected]
Complaints Support Email	[email protected]	[email protected]
Educational Blog	Financial Services Blog	Yes, Available ✔
Head Office Address	ICICI Centre, H.T. Parekh Marg, Churchgate, Mumbai – 400020	Express Zone A Wing 10th Floor, Western Express Highway, Goregaon East, Mumbai – 400063

Investment Advice/Tips/ Research & Reports Comparison

Investment Advice -Tips, Research & Reports	ICICI Direct	Anand Rathi Online
Equity Research	Yes, Available ✔	Yes, Available ✔
Mutual Fund Research	Yes, Available ✔	Yes, Available ✔
ETF Research	No, ✖	Yes, Available ✔
Daily Report	Yes, Available ✔	Yes, Available ✔
Free Tips- Advisory	Yes, Available ✔	Yes, Available ✔
Company Result Analysis	Yes, Available ✔	Yes, Available ✔
News & Alerts	Yes, Available ✔	Yes, Available ✔

ICICI Direct Vs Anand Rathi Online Advantages & Disadvantages Comparison

Advantages & Disadvantages	ICICI Direct	Anand Rathi Online
Pros / Likes	3-IN-1 Account Avialble	More than 200+ Branches all over india.
	Excellent Customer Care Support	Call & Trade
	Branches in your city.	Online Investment oprion like Mutual fund, IPO, General Insurance available
	Fast & Secure Trading Platform	Both NSE & BSE exchange available
	Experince in stock broking	Smooth online trading portals.
cons / Dislikes	High Brokerage Charges	Non Negotiable Brokerage
	MCX and NCDEX commodity trading is unavailable.	No 3-in-1 Account
	Higher charges of Rs.25 per transaction for Demat.
	Rs.25 Extra for call n trade.
Promotion or offer	1st Year Free Demat Annual Maintenance Charges (AMC)	No Information