Zerodha Vs Anand Rathi – Which one is better? Side-by-side Comparison

Zerodha Vs Anand Rathi – Comparison:

Assessing Zerodha vs Anand Rathi in terms of all product-wise details which are essential for every investor we get the detailed study.  In this comparative assessment, we focused on the advantages and disadvantages of both the broker for the knowledge of investors.

Zerodha is the largest discount broker of India for providing the best online trading platform, high exposure in exchange for low brokerage, free mutual fund investment (using the platform) and a lot more.

Based on Bangalore it has 9lakhs customer base, 22 branch offices, 94 associate office, and 6 support-call & trade offices. 

Whereas, Anand Rathi Shares & Stock Broking Ltd is a full-service brokering organization. It is listed under BSE, NSE, MCX, NCDEX, USE, and CDSL & NSDL.

Notable Features: 

Zerodha: 

1. Offers direct mutual fund investment using their portal for free. 
2. In association with IDFC, it provides 3-in-1 account facilities. 
3. The trading terminal is best among all the other market competitors.
4. It provides the best quality of customer support.
5. Facilitate free fund transfer using UPI.

Anand Rathi: 

1. Provides quality research data to their customers
2. Anand Rathi offers multiple trading platform options to its investors. 
3. They have a huge network of branches and sub-brokers all over India. 
4. They have hidden brokerage charges and minimum brokerage charge
5. Lacking Customer support toll-free number, email support & live chat support. 

Zerodha Vs Anand Rathi Overall Company Details

Comparing Zerodha vs Anand Rathi based on overall customer service we derived the below-mentioned details.

Here we have compared both the brokers considering the type of organization, broker type, originated location, establishment year & name of the founder.

Comparison on Customer Ratings:

Comparing Zerodha vs Anand Rathi based on Customer Ratings we get this information.

Here we can see that regarding experience & research work, Anand Rathi is leading but in the remaining segments such as products, services, brokerage charges & platforms Zerodha is winning the race.

Zerodha and Anand Rathi AOC & AMC: 

Here we have compared Zerodha vs Anand Rathi based on account opening charge & account maintenance charge. Here we can see from the below contrast that Zerodha offers free AMC on the trading account.

Also, Zerodha provides zero margin money criteria which are chargeable in the case of Anand Rathi. Anand Rathi has zero account opening fees and free trading AMC. 

Zerodha Vs Anand Rathi Brokerage Charge:

Contrasting Zerodha vs Anand Rathi based on Brokerage Charge we get the below details. Here we can see that Anand Rathi offers a percentage based brokerage charge structure.

While Zerodha has a very economical flat fee-based brokerage charge. Anand Rathi charges a minimum brokerage on executed orders but there is no such minimum brokerage in Zerodha. 

Comparison on Administrative Charge: 

In terms of Administrative transactional charge, we here compared Zerodha vs Anand Rathi as below. We can see that both the broker share a similar charge structure. 

Zerodha and Anand Rathi Offers: 

Contrasting Zerodha and Anand Rathi we get the below comparison on offers. We here can see that in terms of offers Anand Rathi is a step ahead of Zerodha for offering more offers.

Comparison on Services Offered: 

Comparing Zerodha vs Anand Rathi based on their service offering we derived the below comparison:

Zerodha Vs Anand Rathi Research & Advisory: 

Contrasting Zerodha vs Anand Rathi based on their research & advisory offering we received the below comparison.

Here we can see in the below table that Anand Rathi offers all kinds of advisory supports, where Zerodha doesn’t provide any.

Zerodha Vs Anand Rathi Margin/ Exposure/ Leverage 

Considering Zerodha vs Anand Rathi based on product-wise leverage we get the below details. 

Comparison of Products: 

Assessing Zerodha vs Anand Rathi based on their product offering we derived the below comparison. We can see in this below comparison that Anand Rathi offered to trade in Mutual funds & SIP which Zerodha doesn’t. 

Zerodha Vs Anand Rathi Trading Platforms: 

Because of the trading terminal offering of Zerodha vs Anand Rathi, we compared them as below:

Zerodha or Anand Rathi Customer Support: 

Comparing customer assistance, we here have compared Zerodha or Anand Rathi as below. We can see from the below chart that Zerodha doesn’t provide dedicated dealers, offline trading (as it is a discount broker).

While Anand Rathi doesn’t facilitate offline trading & chat support. 

Comparison of Grievances: 

Both these brokers provide multiple channels to their investors to reach them so that they can support the customers in a better way. Here we compared Zerodha vs Anand Rathi based on their customer complaint handling in the below table.

Zerodha Call Back Request

Conclusion:

Finally, we can conclude that Anand Rathi (full-service broker) has a huge offering for its customers just like its market reputation. But Zerodha (discount broker) offers lower charges to its customers.

Still, it should be kept in mind that individual investors should opt the broker between Zerodha and Anand Rathi as per his need only.