IDBI Capital vs AnandRathi – Point by Point Comparison

While comparing the two types of broker services, one must also consider the similarities between the two companies which might include some very important information about the companies. Here the comparison between IDBI Capital and Anand Rathi shows that both the companies are full service brokers. This similarity shows that the companies belong to one nature.

Focusing on other major functions that are important for choosing the firm are the brokerage each firm charges. While looking for a company that could manage your online share trading, one looks for a firm that is trust worthy and provides most of the benefits therefore, to compare the brokerage of each firm one may find that IDBI Capital charges 0.50% of every trade whereas Anand Rathi charges 0.05 to 0.15% of every trade.

Looking at other very important function, that is, the trading platform, one must notice that IDBI Capital works on power trade whereas Anand Rathi has no such trading platform. Before choosing the most suitable brokering firm for handling all the online share trading activities, it is important for a firm to consider every point of differentiation and similarity to analyse the right company as per requirements.

    IDBI Capital AnandRathi
Basic Information Type of Broker Full Service Broker Full Service Broker
Fees for Opening Trading Account Rs. 700 Rs. 750
Annual Maintenance Charges of Trading Account Nil Nil
Fees for Opening Demat Account Nil Rs. 300
Annual Maintenance Charges of Demat Account Rs. 350 Rs. 550
Brokerage Charges Equity Delivery Charges 0.50% 0.5% to 0.15%
Equity Intraday Charges 0.08% 0.05% to 0.15%
Equity Future Charges 0.08% 0.05% to 0.15%
Equity Options Charges Rs. 100 per lot 2% to 0.5% on premium or Rs. 75 to Rs. 20
Currency Futures Charges NA 0.05% to 0.15%
Currency Options Charges NA 2% to 0.5% on premium or Rs. 75 to Rs. 20
Commodity Charges NA 0.008% to 0.05%
Minimum Brokerage Charges Rs. 25 per transaction or 2.5% of the transaction value, whichever is lower NA
Transaction Charges Equity Delivery 0.00% 0.00%
Equity Intraday 0.00% 0.00%
Equity Futures 0.00% For BSE: 0.0021% & for NSE: 0.0041%
Equity Options 0.051% on Premium 0.07% on Premium
Currency Futures NA 0.00%
Currency Options NA 0.07% on Premium
Commodity NA 0.00%
Features 3-in-1 Account Y N
Mobile Trading Y Y
Acceptance of Orders After Trading Hours Y NA
SMS Alerts NA Y
Online Demo Y Y
Online Portfolio Y Y
Trading Platform Power Pro NA
Investment Services Stock/ Equity Y Y
Commodity N Y
Currency N Y
IPO (Initial Public Offers) Y Y
Mutual Funds Y Y
Debt Y Y
Bond/ NCD Y Y
Customer Support 24/7 Customer Support N N
Email Y Y
Phone Y Y
Online Live Chat N Y
Branch Support Y Y
Reports Daily  Market Report Y Y
Quarterly Analysis of Results Y Y

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