Trade Smart Online vs AnandRathi – Point by Point Comparison

There are many online share market companies which invite people to register. It is very difficult for all the people to choose which one is the better company. Here we are comparing Trade Smart Online and AnandRathi, both equally popular and trustworthy. For a client preferring discount brokerage over full service brokerage, he should choose Trade Smart Online. Both the companies allow different exchanges as required by the customers. Cost charged for registering with Trade Smart Online is 200 INR which is quite low as compared to AnandRathi which is 750 INR. But in opening a demat account, people choosing AnandRathi will have an advantage. Cost of opening a Demat account as well as annual maintenance charge is low in AnandRathi. As other good companies, these companies also allow mobile trading. For providing in depth explanation, both the companies conduct demo classes at the initial stage. Visualizing all the systems instead of listening provides an easier and better understanding.  In all the brokerage charges such as equity delivery, equity intraday, equity futures, Trade Smart Online charges Rs. 15 and in AnandRathi its 0.15% to 0.5% on every of the above mentioned charges. So both the companies are equally good to start your carrier in the share market.

Trade Smart Online AnandRathi
Basic Information Type of Broker Discount Broker Full Service Broker
Exchanges BSE, NSE, MCX, NCDEX BSE, NSE, MCX, NCDEX and NSEL
Fees for Opening Trading Account Rs. 200 Rs. 750
Annual Maintenance Charges of Trading Account Nil Nil
Fees for Opening Demat Account Rs. 200 Rs. 300
Annual Maintenance Charges of Demat Account Rs. 300 Rs. 550
Brokerage Charges Equity Delivery Charges Rs. 15 0.5% to 0.15%
Equity Intraday Charges Rs. 15 0.05% to 0.15%
Equity Future Charges Rs. 15 0.05% to 0.15%
Equity Options Charges Rs. 15 2% to 0.5% on premium or Rs. 75 to Rs. 20
Currency Futures Charges Rs. 15 0.05% to 0.15%
Currency Options Charges Rs. 15 2% to 0.5% on premium or Rs. 75 to Rs. 20
Commodity Charges Rs. 15 0.008% to 0.05%
Minimum Brokerage Charges Rs. 15 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 0.0715% on Premium 0.07% on Premium
Currency Futures 0.00% 0.00%
Currency Options 0.0600% 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 Y NA
SMS Alerts N Y
Online Demo Y Y
Online Portfolio N Y
Trading Platform NEST, NOW NA
Investment Services Stock/ Equity Y Y
Commodity Y Y
Currency Y Y
IPO (Initial Public Offers) N Y
Mutual Funds Y Y
Debt N Y
Bond/ NCD Y Y
Customer Support 24/7 Customer Support N N
Email Y Y
Phone Y Y
Online Live Chat Y Y
Branch Support N Y
Reports Daily  Market Report N Y
Quarterly Analysis of Results N Y

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