India Infoline vs AnandRathi – Point by Point Comparison

While both India Infoline and AnandRathi provide the same type of broker service i.e. Full Service Broker and charge the same fees for opening trading account, there is still considerable different between these two firms. The fees for opening a demat account is Rs 555 if one uses the services of India Infoline, whereas, AnandRathi takes Rs 750 for the same service. The brokerage charges such as equity delivery charge, equity intraday charge and equity future charge are same for India Infoline but they vary differently for AnandRathi. The commodity charges of AnandRathi range from 0.008% to 0.05%, whereas India Infoline takes a charge of 0.05% for this service. The minimum brokerage charges for AnandRathi are not applicable whereas India Infoline takes Rs 0.05 per share as the minimum brokerage charges. The feature of customer support through online chat is provided to its customers by AnandRathi but India Infoline provides no such feature of support.

    India Infoline AnandRathi
Basic Information Type of Broker Full Service Broker Full Service Broker
Fees for Opening Trading Account Rs. 750 Rs. 750
Annual Maintenance Charges of Trading Account NA Nil
Fees for Opening Demat Account Rs. 555 Rs. 300
Annual Maintenance Charges of Demat Account Rs. 300 Rs. 550
Brokerage Charges Equity Delivery Charges 0.50% 0.5% to 0.15%
Equity Intraday Charges 0.05% 0.05% to 0.15%
Equity Future Charges 0.05% 0.05% to 0.15%
Equity Options Charges Rs. 100 per lot or 1% on premium, whichever is higher 2% to 0.5% on premium or Rs. 75 to Rs. 20
Currency Futures Charges 0.05% 0.05% to 0.15%
Currency Options Charges Rs. 100 per lot or 1% on premium, whichever is higher 2% to 0.5% on premium or Rs. 75 to Rs. 20
Commodity Charges 0.05% 0.008% to 0.05%
Minimum Brokerage Charges Rs. 0.05 per share 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 0.00% 0.00%
Currency Options 0.051% on Premium 0.07% on Premium
Commodity 0.00% 0.00%
Features 3-in-1 Account N N
Mobile Trading Y Y
Acceptance of Orders After Trading Hours NA NA
SMS Alerts Y Y
Online Demo Y Y
Online Portfolio Y Y
Trading Platform Trader Terminal NA
Investment Services Stock/ Equity Y Y
Commodity Y Y
Currency Y Y
IPO (Initial Public Offers) Y Y
Mutual Funds Y Y
Debt Y Y
Bond/ NCD NA 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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