Edelweiss Vs Anand Rathi Comparison
Edelweiss and Anand Rathi are two great range of financial service providers dealing in stocks and shares and both offertheir advanced brokerage platforms for the comfort of their clients in doing trading.
Let’s look at the important facts like margin analysis which shows Edelweiss Anand Rathi comparison that you must know.
The article is factual information about Edelweiss VS Anand Rathi topic.
Edelweiss Vs Anand Rathi Company Details
Edelweiss
- A full stock broker company founded by Rashesh Shah who is also the company’s chairman and CEO, in the year 2008 in Mumbai. They are spread in 200 locations with a team almost reaching 12000.
Venkatchalam Ramaswamy is the executive director.
- There focus is in wealth management creation in creating corporate and retail credit, which includes loans for equity and commodity based needs, advisory and investment options in capital market, asset managing like in mutual funds and providing insurance.
- They have a serious outlook towards offering their services to their customers so that their growth is not limited to only them but should also extend to their clients.
- In 2017 they have bagged awards in Abp BFSI for using mobile tech in financial sector in the most proper way and BBC Knowledge award in digital marketing for creating the best mobile app in giving service to consumers.
Anand Rathi
- Anand Rathi is a full stock broker company situated in Mumbai as its headquarter and was founded by Anand Rathi, the company’s chairman and Pradeep Gupta, its co-founder and vice chairman.The group operations are not just limited to India but they also have their presence in Dubai. They have 2500 expert professionals with 350 locations in India.
- Anand Rathi has a lot of services such as investment based services, insurance, banking investment, corporate finance and advice, wealth management, distribution, investment in equities, mutual funds and brokerage.
- They are professional people who always maintain a certain level of standard to achieve great excellence to provide great value to their long term relationship with their clients with their code of ethics.
- They achieved awards in broker service, specialist broker, cyber risk cover and financial lines cover for the year 2018.
Particulars | Edelweiss | Anand Rathi |
Company Type | Private | Private |
Established in | 2008 | 1994 |
Headquarters | Mumbai, India | Mumbai, India |
Founder(s) | Mr. Rashesh Shah | Mr.Anand Rathi, Mr. Pradeep Gupta |
Type of Broker | Full Stock Broker | Full Stock Broker |
No. of branches | 475 branches | 1200 branches |
Supported Exchanges | NSE, BSE, MCX, MCX-SX | NSE, BSE, MCX-SX, NCDEX |
Website URL | www.edelweiss.in | www.rathi.com/Home/Index |
Active Client Base | 1,200,000 | – |
Edelweiss and Anand Rathi products comparison
Edelweiss
- Terminal X3 – A desktop trading windows application software from Edelweiss that gives quick trading and analytical charting facility with live news feature to better track the market, multiple reports like history of transactions, depository bills, marginal funds, important and useful tools, etc.
- Mobile Trader – It is so simple with three easy steps and developed to be used with ios and android mobile devices. Similar to X3, the mobile app has the various functionalities with flexible ready to use trading tool from any place with in-depth analysis from Edelweiss research team, watch list to easily stream quotes with preferred trade patterns.
Anand Rathi
- Trade Xpress+ – A web platform that allows fast loading of your account for investment purpose with live market watch, trade maps to analyze the shares whether they are performing well or not, easy to navigate many choices and options.
- Trade Mobi–Available in Google play store and Apple app store with fast placement of trade orders, transfer of funds, never to lose your track in the stock market, dashboard to view the performance and health of your portfolio and all these with just a tap of your finger through your mobile.
- Trade Xpro–It is an exe desktop application made specifically for those clients who do their trading regularly and want a fast trading experience.
Real time charts boosted to be hassle free to easily understand and also give strategic pointers, gives back testing charting facility analyzing market history, contacts saving, secure locking of the app when not in use and is inaccessible to others.
- Trade Xpro+–Another modern and advanced tool that provides a lot of investment services, alerts, advice and tools for trading with any difficulty.
It offers free tools like technical screener which scans and inspects the stocks, reports on company’s status and news, schemes regarding mutual funds, trading APIs, etc.
Investment Options | Edelweiss | Anand Rathi |
Stock/Equity Trading | Available | Available |
Commodity Trading | Available | Available |
Currency & Derivatives | Available | Available |
Online IPO Application | Available | Available |
Mutual Funds | Available | Available |
Bond/NCD | Available | Available |
Debt | Available | Available |
ETF | Available | Available |
Banking | Not Available | Available |
Insurance | Available | Available |
Forex | Not Available | Not Available |
Equity SIP Investment | Available | Available |
MF SIP Investment | Available | Available |
PMS | Available | Available |
Edelweiss Vs Anand Rathi Benefit Comparison
Edelweiss | Anand Rathi | |
● Dedicated research team to analyze and access the stock marketbased product based scenarios to provide reports related to sector like fmcg, stock reports about extensive data about big shot companies, economy related reports, etc. ● Gain the knowledge about various stock related information with weekly reports on sectors and companies with insights to various user friendly videos for gaining the financial ideas to saty stable in the market. ● Use their portfolio organizer to get all the details in one document to avoid having multiple portal access to view separately. | ● They provide separe relationship managers for different clients to better handle similar types of portfolios. ● Transparent company reports with comprehensive and thorough data to make best decisions in choosing the shares of companies for trading. ● There internal experts estimate the technical based information and come up with a proper plan to study and create reports and give trading related strategies to their clients. | |
Edelweiss Vs Anand Rathi Account Open Compare
To open an account online go to this link
To open an account in Anand Rathi, go to this link
Edelweiss | Anand Rathi | |
· Enter your name, email, mobile, city and then click on open trading account now. · Enter your 4 digit otp to verify your mobile no. · Give your pan no. and date of birth and click on continue. · Provide your name, address and details as specified and proceed to next step. · Enter your bank details like bank account no., MICR code, IFS Code and onto next step. · Give your personal details like about your education, occupation, income, etc. · Select your brokerage plan like whether equity, or currency, pay your account fees by selecting the payment method and proceed. · All the documents like pan, aadhar, photo, cancelled cheque, signature and other details are to be uploaded online. · Complete the e-sign service details. | · Enter your name, mobile no., city, email id and click on registration. · The representative of Anand Rathi will call you back to get an appointment on the given phone no. for proceeding to account opening process. · All the required details like photocopy of pan card, aadhar card, valid address proof, bank details and statement, cancelled cheque, income details and various other required details. · Once everything is verified in a few days the account will be opened. | |
* Bank account should be linked with Aadhaar no.
- For support, email [email protected] for Edelweiss.
- For Anand Rathi, email at [email protected].
Edelweiss Vs Anand Rathi Charges Comparison
Here the account charges comparison between two companies Edelweiss and Anand Rathi is as per:
Types of Charges | Edelweiss Charges | Anand Rathi Charges |
Trading Account | Rs. 750 | Rs. 750 |
Demat Account | Rs. 0 | Rs. 550 |
Commodity Account | Rs. 0 | Rs. 0 |
Annual Maintenance Charges (AMC) | Rs. 500 | Rs. 299 |
Other Charges | Edelweiss Charges | Anand Rathi Charges |
Call and Trade Charges | NA | NA |
Edelweiss Vs Venture Securities Brokerage Charges
Segment | Edelweiss | Anand Rathi |
Equity Delivery | Rs. 10 | 0.5% |
Equity Intraday | Rs. 10 | 0.05% |
Equity Futures | Rs. 10 per executed order | 0.05% |
Equity Options | Rs. 10 | Rs. 20 |
Currency Futures | Rs. 10 | 0.05% |
Currency Options | Rs. 10 | Rs. 20 per lot |
Commodities Futures | – | 0.05% |
Commodities Options | – | 0.05% |
Edelweiss Vs Anand Rathi Advantages Compare
Edelweiss | Anand Rathi | |
● With more than 400 offices in 200 locations, Edelweiss has a robust presence to let people use their advanced platforms and highly benefit with stock trading. ● Access to offline services with the help of more than 4000 sub brokers and franchise partners. ● The discount brokerage charge is very nominal with only Rs, 10 per executed order. | ● They have more than 17000 crore assets that are managed by them with 165 financial strategists which displays their expertise in the trading field. ● They have more than two hundred branches for reaching more people who can access the services with more than 20 years of experience. ● Lots of sub brokers and franchise network for people to access their services offline. | |
Edelweiss Vs Anand Rathi Brokerage Comparison
Edelweiss Broker Charges
Equity | Equity Delivery | Equity Intraday | Equity Futures | Equity Options |
Broker Charges | Rs. 10 | Rs. 10 | Rs. 10 per executed order | Rs. 10 |
Commodity | Commodity Futures | Commodity Options |
Broker Charges | – | – |
Currency | Currency Futures | Currency Options |
Broker Charges | Rs. 10 | Rs. 10 |
Anand Rathi Broker Charges
Equity | Equity Delivery | Equity Intraday | Equity Futures | Equity Options |
Broker Charges | 0.5% | 0.05% | 0.05% | Rs. 20 |
Commodity | Commodity Futures | Commodity Options |
Broker Charges | 0.05% | 0.05% |
Currency | Currency Futures | Currency Options |
Broker Charges | 0.05% | Rs. 20 per lot |
Edelweiss Vs Anand Rathi margin / Exposure/ Leverage
Particulars | Edelweiss | Anand Rathi | |
Equity Delivery | Upto 10x | Upto 4x | |
Equity Intraday | Upto 40x | Upto 10x | |
Equity Futures | Upto 40x | Upto 2x | |
Equity Options | – | Upto 2x for shorting | |
Currency Futures | Upto 1.5x | Upto 2x | |
Currency Options | – | Upto 2x for shorting | |
Commodities Trading | Upto 6x | Upto 2x |
Bottom Line
Edelweiss is backed by Edelweiss group to provide customer relevant products, whereas Anand Rathi is a group of learned people who aim is to build trust in trading.