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Interactive Brokers vs Anand Rathi – Compare Charges, Trading Features, Offers & more

Find a Comparison of Interactive Brokers vs Anand Rathi here. You can compare their brokerage, demat accounts, trading platforms, offers, products & services, support, complaints & more.

This comparison will help you decide which broker is best for you. So, let us go through a detailed comparison of Interactive Brokers and Anand Rathi.

Background

Year of Incorporation 1977 1994
Website https://www.interactivebrokers.co.in/en/home.php https://anandrathi.com/
Phone +91 22-61289888 +91-22-62811514
Exchanges enabled NSE (plus over 100 market centers across 24 countries). NSE, BSE, MCX-SX, MCX, & NCDEX
Demat (NSDL/CDSL) NSDL NSDL
Brokerage

Equity 0.05% per Executed Order 0.20% for Intraday & 0.3% for Delivery
Equity Futures 0.01% per Executed Order 0.20% of Turnover
Equity Options Rs 25 per lot per Rs 50 per lot
Currency Futures 0.01% per Executed Order 0.20% of Turnover
Currency Options 0.01% per Executed Order Rs 20 per lot
Commodity Rs 50 per lot per Rs 100 per lot
Account Opening Costs

Trading only Rs 0 Free
Trading & Demat Rs 400 Rs 450 For 1st Year
Commodity Not Available Rs 250
Transparency & other costs

Double check on if you are paying much higher other/turnover costs, make sure to compare

Equity 0.00325% 0.0035% of Turnover
Futures 0.0019 % 0.0035% of Turnover
Options 0.05% 0.07% of Premium Turnover
Commodities Not available 0.0035% of Turnover
AMC charge NIL Rs 450 for 1st year
DP Transaction Charge NIL Rs 25 per debit
Offline order placing Charge Rs 1500 per order NIL
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 22 Days 22 days on NEST
End of Day 1 Year 10 years on NEST
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity 2x intraday and overnight leverage Upto 10x for Intraday, Upto 4x for Delivery@interest
Equity Futures Upto 2x for Intraday Upto 2x Intraday
Equity Options Buying 0 & Shorting upto 2x for Intraday Buying no leverage, Shorting upto 2x
Currency Futures Upto 2x for Intraday Upto 2x Intraday
Currency Options Buying 0 & Shorting upto 2x for Intraday Buying no leverage, Shorting upto 2x
Commodity Not Available Upto 2x Intraday
Support & Tools

Research & Tips
Brokerage Calculator
Margin Calculator
Bracket orders & Trailing Stoploss
Training & Education
Convenience

3 in 1 Account
Instant Fund withdrawal
Relationship Managers
Financial Health

Equity & Commodity Consolidated
Look for Brokerages with higher profit, low debt, higher Profit to Equity Ratio   which will indicate the profitability based on capital deployed, and atleast Rs 50 crores Balance sheet size. If a broker is in financial trouble, it will first start showing up on his balance sheet.

Profit after Tax FY11/12 Rs 104.1 Crores Rs 2.43 Crores
Profit after Tax FY12/13 Rs 63.01 Crores Rs 2.27 Crores
Profit after Tax FY13/14 Rs 64.75 Crores Rs 2.62 Crores
Profit after Tax FY 14/15 Rs 74.30 Crores Rs 2.51 Crores
Profit after Tax FY 15/16 Rs 89.41 Crores Rs 3.82 Crores
Profit after Tax FY 16/17 Rs 79.38 Crores Rs 4.54 Crores
Profit after Tax FY 17/18 Rs 79.67 Crores Rs 6.99 Crores
Profit after Tax FY 18/19 Rs 93.62 Crores Rs 6.13 Crores
Profit after Tax FY 19/20 Rs 89.06 Crores Rs 8.99 Crores
Profit after Tax FY 20/21 Rs 99.53 Crores Rs 8.35 Crores
Profit after Tax FY 21/22 Rs 85.24 Crores Rs 10.55 Crores
Profit after Tax FY 22/23 Rs 78.27 Crores Rs 11.67 Crores
Debt FY11/12 Rs 17.67 Crores Rs 34.3 Crores
Debt FY12/13 Rs 13.43 Crores Rs 40.4 Crores
Debt FY13/14 Rs 21.88 Crores Rs 54.4 Crores
Debt FY14/15 Rs 21.05 Crores Rs 78.23 Crores
Debt FY15/16 Rs 23.05 Crores Rs 98.49 Crores
Debt FY16/17 Rs 22.53 Crores Rs 93.04 Crores
Debt FY17/18 Rs 22.09 Crores Rs 84.65 Crores
Debt FY18/19 Rs 23.67 Crores Rs 106.46 Crores
Debt FY19/20 Rs 21.41 Crores Rs 90.47 Crores
Debt FY20/21 Rs 24.02 Crores Rs 106.45 Crores
Debt FY21/22 Rs 27.09 Crores Rs 84.86 Crores
Debt FY22/23 Rs 21.78 Crores Rs 63.95 Crores
Profit to Equity(%) FY11/12 14.94 2.96%
Profit to Equity(%) FY12/13 7.29 1.51%
Profit to Equity(%) FY13/14 9.71 1.73%
Profit to Equity(%) FY14/15 9.01 3.88%
Profit to Equity(%) FY15/16 9.64 4.08%
Profit to Equity(%) FY16/17 10.04 4.77%
Profit to Equity(%) FY17/18 10.14 6.33%
Profit to Equity(%) FY18/19 11.34 6.31%
Profit to Equity(%) FY19/20 13.24 8.40%
Profit to Equity(%) FY20/21 12.52 8.97%
Profit to Equity(%) FY21/22 17.85 10.38%
Profit to Equity(%) FY22/23 14.56 10.79%
Balance Sheet Size FY11/12 Rs 908 Crores Rs 316.9 Crores
Balance Sheet Size FY12/13 Rs 977 Crores Rs 323.5 Crores
Balance Sheet Size FY13/14 Rs 990.08 Crores Rs 264 Crores
Balance Sheet Size FY14/15 Rs 968.51 Crores Rs 301.86 Crores
Balance Sheet Size FY15/16 Rs 1071.18 Crores Rs 445.20 Crores
Balance Sheet Size FY16/17 Rs 1098.72 Crores Rs 366.26 Crores
Balance Sheet Size FY17/18 Rs 1110.91 Crores Rs 277.27 Crores
Balance Sheet Size FY18/19 Rs 1095.94 Crores Rs 409.30 Crores
Balance Sheet Size FY19/20 Rs 1369.20 Crores Rs 501.42 Crores
Balance Sheet Size FY20/21 Rs 1391.66 Crores Rs 459.22 Crores
Balance Sheet Size FY21/22 Rs 1293.62 Crores Rs 328.40 Crores
Balance Sheet Size FY22/23 Rs 1627.43 Crores Rs 408.24 Crores

Comparison Link:

Compare Interactive Brokers Compare Anand Rathi
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Interactive Brokers Vs Tradejini Anand Rathi Vs Tradejini
Interactive Brokers Vs Tata Securities Anand Rathi Vs Tata Securities
Interactive Brokers Vs Swastika Investmart Anand Rathi Vs Swastika Investmart
Interactive Brokers Vs SMC Global Anand Rathi Vs SMC Global
Interactive Brokers Vs SBICAP Securities Anand Rathi Vs SBICAP Securities
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Interactive Brokers Vs RK Global Anand Rathi Vs RK Global
Interactive Brokers Vs Reliance Securities Anand Rathi Vs Reliance Securities
Interactive Brokers Vs Nirmal Bang Anand Rathi Vs Nirmal Bang
Interactive Brokers Vs Master Trust Capital Anand Rathi Vs Master Trust Capital
Interactive Brokers Vs Kotak Securities Anand Rathi Vs Kotak Securities
Interactive Brokers Vs IIFL Securities Anand Rathi Vs IIFL Securities
Interactive Brokers Vs Dhani Anand Rathi Vs Dhani
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Interactive Brokers Vs HDFC Securities Anand Rathi Vs HDFC Securities
Interactive Brokers Vs Geojit Anand Rathi Vs Geojit
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Interactive Brokers Vs Edelweiss Capital Anand Rathi Vs Edelweiss Capital
Interactive Brokers Vs Easytradez Anand Rathi Vs Easytradez
Interactive Brokers Vs Rupeezy Anand Rathi Vs Rupeezy
Interactive Brokers Vs Aditya Birla Money Anand Rathi Vs Aditya Birla Money
Interactive Brokers Vs Achiievers Anand Rathi Vs Achiievers
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Interactive Brokers Vs Sharekhan Anand Rathi Vs Sharekhan
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Interactive Brokers Vs Tradesmart Online Anand Rathi Vs Tradesmart Online
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Frequently Asked Questions

Is Interactive Brokers better than Anand Rathi ?

Interactive Brokers and Anand Rathi are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is Anand Rathi better than Interactive Brokers ?

Interactive Brokers and Anand Rathi are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is Interactive Brokers cheaper than Anand Rathi ?

Interactive Brokers and Anand Rathi are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Is Anand Rathi cheaper than Interactive Brokers ?

Interactive Brokers and Anand Rathi are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Which is better Interactive Brokers vs. Anand Rathi ?

To find out the better of the two stockbrokers Interactive Brokers and Anand Rathi, compare them based on brokerage charges, trading platforms, Demat account opening fees, research, advisory services, etc.