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Anand Rathi vs Choice Broking – Compare Brokerage Charges, Demat Account & more

Last Updated Date - Oct 14, 2022

Here is a detailed comparison of Anand Rathi vs Choice Broking. In this comparison page, you can check both similarities and differences between these two broking companies. This comparison between Anand Rathi & Choice Broking will help you choose a better company that will fulfill the requirements for trading and investment purposes.

Both of these Stock Broking companies are providing wide range of products and services to the investors.

Also, below we have provided you the links for Brokerage Calculator and Margin Money Calculator for both the broking companies.

This will help give you proper understanding on the Charges and Leverage or Exposure given by these brokers.             Anand Rathi vs Choice Broking

In this comparison, we are going to touch upon more than 100 metrics. Here are the list top view metrics we are using for comparison:

  • Overview
  • Customer Ratings
  • Demat Account
  • Research & Advisory
  • Brokerage Charges & Fees
  • Other Charges
  • Services
  • Products
  • Exposure/Leverage
  • Trading Platform
  • Offers
  • Customer Support
  • Complaints

Compare Stock Brokers


This Anand Rathi & Choice Broking comparison will give a very detailed overview of which stock broker is suitable for you.

Now let’s compare Choice Broking & Anand Rathi

Overview of Anand Rathi & Choice Broking

Overview Anand Rathi Choice Broking
Company Type Private Private
Broker Type Full Service Broker Full Service Broker
Headquarters Mumbai, India Mumbai, Maharashtra
Founder Anand Rathi & Pradeep Gupta Kamal Poddar
Established Year 1994 1992

Anand Rathi vs Choice Broking Customer Ratings Comparison

Customer Ratings Anand Rathi Choice Broking
Experience 6.8/10 5.8/10
Products & Services 6.3/10 6.8/10
Brokerage Charges & Fees 7.1/10 6.2/10
Stock Research & Advisory 7.2/10 6.6/10
Trading Platforms 6.5/10 5.8/10
Overall Ratings 6.8/10 6.4/10
Star Ratings ★★★☆☆ ★★★☆☆
Total Client Reviews 628 152

Anand Rathi vs Choice Broking Demat Account Comparison

Demat Services Anand Rathi Choice Broking
Depository Source CDSL CDSL & NSDL
Account Opening Charges Rs.750 Rs.250
Demat AMC Charges Rs.300 per Annum Free
Trading AMC Charges Free Free
Margin Money Rs.25,000 Minimum Rs.5,000
Offline to Online S R

Choice Broking vs Anand Rathi Brokerage Charges Comparison

Brokerage Charge & Fees Anand Rathi Choice Broking
Equity Delivery Trading 0.15% – 0.50% 0.33%
Equity Intraday Trading 0.015% – 0.050% 0.03%
Commodity Options Trading 0.008% – 0.050% 0.03%
Equity Futures Trading 0.015% – 0.050% 0.03%
Equity Options Trading Rs.20 – Rs.75 per lot Rs.20 per Lot
Currency Futures Trading 0.015% – 0.050% 0.03%
Currency Options Trading Rs.20 – Rs.75 per lot Rs.30 per Lot
Minimum Brokerage As per Transaction Percentage of Transaction
Demat AMC Charges Rs.300 per annum Free
Trading AMC Charges Free Free
Margin Money Rs.25,000 Minimum Rs.5,000
Brokerage Calculator Anand Rathi Brokerage Calculator Choice Equity Brokerage Calculator

Choice Broking & Anand Rathi Other Charges Comparison

Other Charges Anand Rathi Choice Broking
Transaction Charges 0.00350% of Total Turnover 0.0000285
STT 0.0126% of Total Turnover 0.0126% of Total Turnover
SEBI Turnover Charges 0.0002% of Total Turnover 0.0002% of Total Turnover
Stamp Duty Depends on State (very minimal) Depends on State (very minimal)
GST 18% of (Brokerage + Transaction Charges) 18% of (Brokerage + Transaction Charges)

Compare Choice Broking & Anand Rathi Offers

Offers Anand Rathi Choice Broking
Free Demat Account S R
Free Trading Account S R
Discount on Brokerage R R
Trading Happy Hours S S
Flexible Brokerage Plans R S
1 Month Brokerage Free S R
Holiday Offers S S
Referral Offers S R
Zero Brokerage for Loss Making Trades S S

Compare Services of Anand Rathi vs Choice Broking

Services Anand Rathi Choice Broking
Demat Services R R
Trading Services R R
3 in 1 Account S S
Intraday Services R R
IPO Services R R
Stock Recommendations R S
Robo Advisory S S
PMS R S
Trading Institution S S
Trading Exposure Upto 21x Upto 5X

Compare Choice Broking & Anand Rathi Research & Advisory

Research & Advisory Anand Rathi Choice Broking
Fundamental Reports R S
Research Reports R S
Company Reports R S
Annual Reports R S
Company Stock Review R S
Free Stock Tips S R
IPO Reports R R
Top Picks R R
Daily Market Review R R
Monthly Reports R R
Weekly Reports R R
Offline Advisory R R
Relationship Manager R R

Anand Rathi vs Choice Broking Exposure/Leverage

Exposure / Leverage Anand Rathi Choice Broking
Equity Delivery Upto 14x Upto 3X
Equity Intraday Upto 21x Upto 5X
Equity Futures Upto 12x Upto 1X
Equity Options Upto 15x Upto 5X
Currency Futures Upto 5x Upto 2X
Currency Options Upto 8x Upto 6X
Commodities Upto 14x Upto 1X
Margin Calculator Anand Rathi Margin Calculator Choice Broking Margin Calculator

Anand Rathi vs Choice Broking Product Comparison

Products Anand Rathi Choice Broking
Equity Trading R R
Commodity Trading R R
Currency Trading R R
Options R R
Futures R R
Mutual Funds R R
Forex S S
Banking S S
SIP R R
Insurance S R

Anand Rathi vs Choice Broking Trading Platform Comparison

Trading Platforms Anand Rathi Choice Broking
Desktop Platform – Windows R R
Desktop Platform – Mac R R
Desktop Browser Platform R S
Mobile Site Platform R S
Android App Platform R R
iOS App Platform R R
Windows App Platform S S
Other Mobile OS Platform S S
Real time Updates R R
Portfolio Details R R
Online MF Buy R R
News Flash S R
Research Reports R S
Easy Installation R S
Global Indices S R
Stock Tips R R
Personalized Advisory R S
Interactive Charts R S
Live Markets R R
SMS Alerts R S
Email Alerts R R
Multi Account Management R S

Anand Rathi vs Choice Broking Customer Support

Customer Support Anand Rathi Choice Broking
Dedicated Dealer R S
Offline Trading R R
Online Trading R R
24*7 Support S S
Email Support R R
Chat Support S S
Toll Free Number 1800 200 1002 S
Branches 120 480

Anand Rathi vs Choice Broking Customer Complaints

Complaints (Current Year) Anand Rathi Choice Broking
Lodged in BSE 152 2
Resolved in BSE 124 2
Lodged in NSE 112 15
Resolved in NSE 86 15

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