Anand Rathi is a Public Discount Broker in India , established in 1994 , and headquartered in Mumbai. The broker provides access to equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options, currency futures and currency options through mobile app access, web trading, desktop terminal access and algo trading support, making it relevant for traders and investors who want one platform for market access, order execution, and portfolio tracking.
This 2026 review covers Anand Rathi brokerage charges, Demat account costs, trading platforms, products, customer support, and key features. Investors comparing brokers can use the details on this page to understand whether Anand Rathi matches their cost expectations, preferred trading segments, and platform requirements.
Anand Rathi is listed as a Public Discount Broker that started operations in 1994 with headquarters in Mumbai. Anand Rathi lists Anand Rathi as its founder and focuses on serving investors who need access to equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options, currency futures and currency options.
On the platform side, Anand Rathi highlights mobile app access, web trading, desktop terminal access and algo trading support and supports products such as equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options and currency futures. Its brokerage plan is listed as Standard Plan with subscription charges of Zero.
For investors evaluating overall value, the broker also highlights watchlists, real-time updates, portfolio tracking, online mutual fund access, research reports and stock tips and support access through trading desk support, dedicated dealer assistance, call support, email support and website support. This combination of products, tools, and support channels can help determine whether Anand Rathi is suitable for beginner, active, or long-term investors.
Anand Rathi — A Comprehensive Company Overview
| Company Overview | Anand Rathi |
|---|---|
| Company Type | Public |
| Broker Type | Discount Broker |
| Headquarters | Mumbai |
| Founder | Anand Rathi |
| Establishment Year | 1994 |
| Brokerage Plan | Standard Plan |
| Branches / Offices | Available |
Anand Rathi has been evaluated across key parameters including technology, charges, products, and customer experience to help investors make an informed comparison.
Anand Rathi — Ratings
| Parameter | Rating |
|---|---|
| Overall Rating | 7.90 / 10 |
| Customer Support | 7.87 / 10 |
| Technology | 7.99 / 10 |
| Charges | 7.93 / 10 |
| Products & Services | 7.85 / 10 |
| Experience | 7.84 / 10 |
Anand Rathi lists account opening charges of Free for its onboarding process, while the annual maintenance charge (AMC) for the Demat account is Rs.450 per Year (1st Year Free).
Before opening an account with Anand Rathi, investors should compare onboarding fees, Demat AMC, brokerage slabs, and the availability of services such as IPO access, F&O trading, and research tools.
Account Opening and Demat Charges
| Charge | Anand Rathi |
|---|---|
| Trading Account Opening Charges | Free |
| Demat AMC (Annual Maintenance Charges) | Rs.450 per Year (1st Year Free) |
| DP Charges | - |
| Account Closure Charges | - |
| Account Reactivation Charges | - |
| Dematerialisation Charges | - |
| Call & Trade Charges | - |
Brokerage is the fee charged by a stockbroker for executing trades on your behalf. Anand Rathi applies the following charges across segments:
Brokerage of Anand Rathi
| Brokerage | Anand Rathi |
|---|---|
| Brokerage Plan | Standard Plan |
| Subscription Charges | Zero |
| Equity Delivery | 0.30% of Transaction Value |
| Equity Intraday | 0.30% of Transaction Value |
| Equity Future | 0.30% of Transaction Value |
| Equity Option | Rs.50 per Lot |
| Commodity Future | 0.03% of Transaction Value |
| Commodity Option | Rs.25 per Lot |
| Currency Future | 0.03% of Transaction Value |
| Currency Option | Rs.25 per Lot |
Anand Rathi offers margin exposure to help traders manage larger positions with less capital. The margin facility allows investors to leverage their holdings across different segments, enabling better utilisation of available funds while managing risk appropriately. The margin trading interest rate is -.
Anand Rathi — Exposure / Margin
| Exposure | Anand Rathi |
|---|---|
| Equity Delivery | 1x |
| Equity Intraday | Upto 5x (Depends on Stocks) |
| Equity F&O Carry Forward | 1x |
| Equity F&O Intraday | 1.3x |
| Commodity F&O Carry Forward | 1x |
| Commodity F&O Intraday | 1.3x |
| Currency F&O | 1x |
| Margin Trading Interest | - |
| Pledge Creation Charges | - |
| Pledge Invocation Charges | - |
Apart from brokerage, several statutory and operational charges apply when trading through Anand Rathi. These include Securities Transaction Tax (STT), stamp duty, transaction charges, SEBI turnover fees, GST, and depository charges. Understanding these costs helps investors calculate the true cost of every trade.
Other Charges of Anand Rathi
| Charge | Anand Rathi |
|---|---|
| Transaction Charges — Equity Delivery | NSE Rs 297 per Cr (0.00297%) | BSE Rs 375 per Cr (0.00375%) (each side) |
| STT — Equity Delivery | 0.1% on both Buy & Sell sides |
| Stamp Duty — Equity Delivery | 0.015% |
| Transaction Charges — Equity Intraday | NSE Rs 297 per Cr (0.00297%) | BSE Rs 375 per Cr (0.00375%) (sell side) |
| STT — Equity Intraday | 0.025% on the Sell side only |
| Stamp Duty — Equity Intraday | 0.003% |
| Transaction Charges — Equity Futures | NSE Rs 173 per Cr (0.00173%) | BSE Rs 0 |
| STT — Equity Futures | 0.0125% on the Sell side |
| Stamp Duty — Equity Futures | 0.002% |
| Transaction Charges — Equity Options | NSE Rs 3503 per Cr (0.03503%) | BSE Rs 325 per Cr (0.00325%) (on premium) |
| STT — Equity Options | 0.0625% on premium value |
| Stamp Duty — Equity Options | 0.003% |
| STT — Commodity Futures | 0.01% on sell side (Non-Agri) |
| Stamp Duty — Commodity Futures | 0.002% |
| STT — Commodity Options | 0.05% on sell side |
| Stamp Duty — Commodity Options | 0.003% |
| Transaction Charges — Currency Futures | NSE Rs 35 per Cr (0.00035%) | BSE Rs 45 per Cr (0.00045%) |
| Stamp Duty — Currency Futures | 0.0001% |
| Transaction Charges — Currency Options | NSE Rs 3110 per Cr (0.0311%) | BSE Rs 100 per Cr (0.001%) (on premium) |
| Stamp Duty — Currency Options | 0.0001% |
| SEBI Turnover Charges | 0.0001% (₹10/Crore) of the turnover |
| DP Charges | - |
| GST | 18% on (Brokerage + Transaction Charge + SEBI Fee) |
Anand Rathi provides mobile app access, web trading, desktop terminal access and algo trading support to support order placement, portfolio tracking, and market monitoring. The broker also supports algorithmic trading, allowing advanced users to automate strategies through its platform.
Key platform features include: watchlists, real-time updates, portfolio tracking, online mutual fund access, research reports, stock tips, interactive charts, live market tracking, multi-profile management, secure platform controls.
Anand Rathi — Trading Platforms
| Trading Platform | Anand Rathi |
|---|---|
| Android App | Anand Rathi Android App Link |
| iOS App | Anand Rathi iOS App Link |
| Web Trading Platform | Anand Rathi Web Trading Link |
| Trading Terminal | Available |
| Algo Trading Platform | Available |
| Mutual Fund Investment Platform | Available |
Anand Rathi highlights the following offers and benefits to attract and retain investors. These can help reduce overall trading costs or improve the value of the account relationship.
Anand Rathi — Offers
| Offer | Anand Rathi |
|---|---|
| Free Account Opening | Yes |
| Free AMC | Yes, Limited |
| Flat Brokerage | Yes |
| Flexible Brokerage Plans | Yes |
| Free Research Reports | Yes |
| Free Trading Calls | Yes |
| Referral Offers | Rs.250 per Client |
| Margin Funding / Pledging | Yes |
Anand Rathi highlights features such as watchlists, real-time updates, portfolio tracking, online mutual fund access, research reports and stock tips. These tools support research, market monitoring, order execution, and day-to-day portfolio management for both first-time and active market participants.
Anand Rathi — Trading Features
| Trading Feature | Anand Rathi |
|---|---|
| Wishlist / Watchlist | Yes |
| Real-Time Updates | Yes |
| Portfolio Details | Yes |
| Online MF Buy | Yes |
| Research Reports | Yes |
| Global Indices | No |
| Customised Recommendations | No |
| Stock Tips | Yes |
| Interactive Charts | Yes |
| Live Market | Yes |
| Multi Profile Management | Yes |
| Robust & Secure Platform | Yes |
Anand Rathi provides the following research and advisory services to help investors make more informed trading and investment decisions.
Anand Rathi — Research & Advisory
| Research Service | Anand Rathi |
|---|---|
| Fundamental Reports | Yes |
| Research Reports | Yes |
| Company Reports | Yes |
| IPO Reports | Yes |
| Technical Reports | Yes |
| Stock Tips | Yes |
| Daily Top Stock Picks | Yes |
| Relationship Manager | Yes |
Anand Rathi provides services that may include Demat services, trading services, intraday trading, F&O trading, IPO access and stock research. Depending on the products enabled, investors may also get access to equity delivery, equity intraday, equity futures, equity options, commodity futures, commodity options and currency futures from the same ecosystem, making it easier to manage both trading and long-term investing requirements.
Anand Rathi — Services Provided
| Service | Anand Rathi |
|---|---|
| Demat Services | Yes |
| Trading Services | Yes |
| Intraday Services | Yes |
| F&O Services | Yes |
| IPO Services | Yes |
| 3-in-1 Account | No |
| Stock Research | Yes |
| Stock Recommendations | Yes |
| Trading Education / Institution | No |
| Share Pledging | Yes |
| PMS or PCG | Yes |
| NRI Services | Yes |
Anand Rathi offers a range of investment products including stocks, futures & options, currency trading, commodity trading and mutual funds, enabling users to explore multiple asset classes from a single platform. The platform also supports long-term wealth creation through mutual funds, allowing investors to diversify and reduce risk exposure.
Anand Rathi — Products Provided
| Product | Anand Rathi |
|---|---|
| Equity Delivery | Yes |
| Equity Intraday | Yes |
| Equity Option | Yes |
| Equity Future | Yes |
| Commodity Option | Yes |
| Commodity Future | Yes |
| Currency Option | Yes |
| Currency Future | Yes |
| Foreign Stocks | Yes |
| Mutual Funds | Yes |
| Banking | No |
| Insurance | Yes |
| Corporate Bonds | Yes |
| Government Bonds | Yes |
| Digital Gold | No |
Anand Rathi offers partnership opportunities for individuals and organisations looking to associate with the broker and earn income by referring clients or operating as a sub-broker.
Anand Rathi — Partner Programs
| Program | Anand Rathi |
|---|---|
| Sub-broker Program | Yes |
| Partner Program | Yes |
| Referral Program | Yes |
Anand Rathi provides customer support through trading desk support, dedicated dealer assistance, call support, email support and website support. The broker operates Available branches across India for in-person assistance. A dedicated dealer service is also available for clients requiring personalised trade execution support.
Customer Support of Anand Rathi
| Support Channel | Anand Rathi |
|---|---|
| Trading Support | Available, Free |
| Dedicated Dealer | Available, Free |
| Call Support | 0291-6661001 |
| Email Support | [email protected] |
| Website Support | Website Link |
| Facebook Support | Facebook Support Link |
| Twitter / X Support | Twitter Support Link |
| Telegram Support | Telegram Support Link |
| Branches / Offices | Available |
The BSE and NSE regularly track and publish broker complaint data as part of maintaining investor protection standards. The table below shows the complaint record for Anand Rathi, which can serve as an indicator of service quality and grievance resolution effectiveness.
Anand Rathi — Complaints Data
| Metric | Anand Rathi |
|---|---|
| Total Complaints Lodged | 35 |
| Total Complaints Resolved | 30 |
| % of Resolved Complaints | 85.71% |
| Non-Actionable Complaints | 3 |
| % of Non-Actionable Complaints | 8.57% |
Anand Rathi can be evaluated through its onboarding costs, platform access, pricing structure, product range, and support options. Based on the broker data available on this page, here is a summary of the likely trading experience.