According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
- No
- Trade Mobi
- Trade X'pro
- Tradexpress
- Online MF
- Variable
- Access to Indian and global exchanges
Our Evaluation of Anand Rathi
According to our idea, the TU Overall Score indicator should answer the biggest question of all: “Can I trust this broker with my money?”. The scores range within 0.01 – 9.99 (the higher the indicator the more trust the broker has). More details
Anand Rathi is a high-risk broker with the TU Overall Score of 2.34 out of 10. Having reviewed trading opportunities offered by the company and reviews posted by Anand Rathi clients on our website, Traders Union expert Anton Kharitonov does not recommend working with this broker, as, according to reviews, most clients are not satisfied with the broker.
Anand Rathi provides unique investment and trading opportunities, robust infrastructure, advanced platforms, and an extensive branch network, making it particularly attractive to investors seeking flexibility and professional support in financial markets.
Brief Look at Anand Rathi
Anand Rathi is a leading financial organization in India and Southeast Asia, regulated by the Securities and Exchange Board of India (SEBI). Founded in 1994, the group offers a comprehensive suite of services, spanning capital management, corporate finance, insurance, lending, advisory, investment banking, brokerage, and distribution. Clients gain access to both Indian and international exchanges, trading across diverse markets like stocks, commodities, mutual funds, structured products, and bonds. Anand Rathi's extensive network of over 1,200 locations includes branches, sub-brokers, representatives, and international offices in Dubai.
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- Wide range of financial instruments, including stocks, bonds, derivatives, currencies, commodities, and mutual funds;
- Advanced trading platforms such as Trade Mobi, Trade X’pro, and Tradexpress;
- Access to major Indian and international markets;
- Professional Portfolio Management Services (PMS) for long-term capital growth;
- Investment diversification through structured products and corporate fixed deposits;
- Client security and regulatory compliance ensured through SEBI regulation and registration with major Indian exchanges;
- Expert market insights and trading ideas.
- No structured educational courses, webinars, or simulators for novice traders;
- Complex fee structure;
- Focus on the Indian market.
TU Expert Advice
Author, Financial Expert at Traders Union
Anand Rathi offers a broad suite of financial services, including trading stocks, bonds, currencies, commodities, and mutual funds. The company provides robust trading platforms including Trade Mobi and Trade X’pro, granting access to both Indian and global markets. With no minimum deposit requirement, diverse investment options, and SEBI regulation, Anand Rathi is positioned to serve both retail and institutional traders, providing professional portfolio management and personalized financial solutions.
Nevertheless, Anand Rathi exhibits certain drawbacks, such as a complex fee structure and a primary focus on the Indian market. Additionally, the absence of structured educational programs may challenge novice traders. Despite these disadvantages, Anand Rathi can be suitable for experienced traders looking for extensive market access and advanced trading platforms, while less experienced traders may seek alternatives prioritizing educational resources.
Anand Rathi Summary
Your capital is at risk. The risk of loss in online trading of stocks, options, futures, currencies, foreign equities, and fixed Income can be substantial.
| 💻 Trading platform: | Trade Mobi, Trade X'pro, Tradexpress, and Online MF |
|---|---|
| 📊 Accounts: | Demat account, Trading account, and MF account |
| 💰 Account currency: | INR |
| 💵 Deposit / Withdrawal: | Bank transfers |
| 🚀 Minimum deposit: | No |
| ⚖️ Leverage: | Variable |
| 💼 PAMM-accounts: | No |
| 📈️ Min Order: | 1 fractional share |
| 💱 EUR/USD spread: | Based on instrument |
| 🔧 Instruments: | Stocks, ETFs, derivatives, commodities, currency futures, bonds, mutual investment funds, diversified global portfolios, and IPO |
| 💹 Margin Call / Stop Out: | No |
| 🏛 Liquidity provider: | No |
| 📱 Mobile trading: | Yes |
| ➕ Affiliate program: | Yes |
| 📋 Order execution: | No |
| ⭐ Trading features: | Access to Indian and global exchanges |
| 🎁 Contests and bonuses: | Yes |
For each debit transaction, such as selling stocks, a fee ranging from INR 15 to INR 25 per security is charged on the Demat account. Trading fees and margin requirements vary by instrument.
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Trading Account Opening
To create a user account on the Anand Rathi website, follow these steps:
Choose the desired account type. Choosing the Demat account automatically opens both Demat and Trading accounts.
Enter the phone number linked to your Aadhaar number. Then follow the on-screen instructions.
Upon uploading documents verifying your identity and permanent address, link your personal bank account and deposit funds into your trading account.
Regulation and safety
Anand Rathi operates under the regulations of the Securities and Exchange Board of India (SEBI). The brand is owned by Anand Rathi Shares & Stock Brokers Limited with registration number INZ000170832.
The broker is a member of Bombay Stock Exchange (BSE), National Stock Exchange of India (NSE), Metropolitan Stock Exchange of India (MSEI), and Multi Commodity Exchange (MCX).
Advantages
- Reliable regulation
- Official registration on stock exchanges
- Direct market access
Disadvantages
- Regulatory fees apply to exchange trading
- Account opening process may be complicated
- Complaint resolution can be delayed by bureaucratic processes
Commissions and fees
| Account type | Spread (minimum value) | Withdrawal commission |
|---|---|---|
| Trading account | 0.02% | No |
Maintaining the Demat account costs INR 450 per year, with additional fees for debit transactions. The comparative table below shows average fees of Anand Rathi and two other brokers.
| Broker | Average commission | Level |
|---|---|---|
|
$3.5 | |
|
$1.5 | |
|
$1.1 |
Account types
To start trading on stock exchanges through Anand Rathi, register on its website and upload documents to verify your identity and address. Upon verification, clients are provided with two account types: one for trading and another for storing purchased securities.
Deposit and withdrawal
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Withdrawals can be made only to the client's registered bank account. Transfers to third-party accounts are prohibited.
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Bank transfers via NEFT, RTGS, and IMPS, standard for transactions in India, are supported.
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Withdrawal requests are processed on business days, and funds are credited within 1-3 days.
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The broker does not impose withdrawal fees. However, banks may charge their own fees.
Investment Options
Anand Rathi provides access to diverse passive income options, enabling its clients to generate income without the need for active trading.
Available passive income options:
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Mutual funds. Investing in carefully selected and professionally managed funds offers diversification and potential capital growth.
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Corporate fixed deposits. These are fixed-income instruments suitable for investors seeking stable and predictable income.
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Structured products. This option is a combination of various financial instruments with a balanced risk-return ratio, tailored to individual needs of investors.
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Bonds and non-convertible debentures (NCDs). These are reliable instruments with regular interest payments, providing stable income and tax benefits.
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Portfolio Management Services. Anand Rathi offers professional investment portfolio management services designed to achieve sustainable long-term capital growth.
These instruments enable the broker’s clients to generate passive income by entrusting their investment management to experienced professionals. Investors can choose from a wide range of options to match their financial goals and risk tolerance.
Partnership programs from Anand Rathi:
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Business Partner (Franchisee). This partnership model is designed for entrepreneurs seeking to establish a financial services business under the Anand Rathi brand. It requires investment in infrastructure and compliance with company standards.
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Introductory Authorized Person (IAP). This partnership model requires minimal infrastructure investment and is suitable for individuals with extensive contact networks who can refer new clients to Anand Rathi for rewards.
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Edge Partner Pro. This program is designed for professionals experienced in the financial sector who want to expand their opportunities and client base through a partnership with Anand Rathi. It provides access to the company's resources and support for business development.
Each program provides unique opportunities tailored to the specific experience and resources of potential partners.
Customer support
Phone support is active from 09:30 to 18:30 Indian Standard Time (IST) Monday through Friday.
Advantages
- Toll-free calls are available
- Multi-channel phone line
Disadvantages
- No 24/7 live support
- Limited chatbot opportunities
Available communication channels:
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Phone;
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Email;
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WhatsApp chatbot;
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Visit to offices in India and the UAE.
Contacts
| Registration address | 11th Floor, Times Tower, Kamala City, Senapati Bapat Marg, Lower Parel, Mumbai - 400 013 |
|---|---|
| Regulation |
SEBI
Licence number: INZ000170832 |
| Official site | https://anandrathi.com |
| Contacts |
1800 420 1004, 1800 121 1003, 0291 666 1001
|
Education
Anand Rathi does not offer structured training or educational programs. Instead, it focuses on providing information and analytical data.
Anand Rathi offers a range of useful analytical tools helping investors understand financial markets and make decisions. However, it lacks in-depth and structured educational materials for novice traders.
Detailed review of Anand Rathi
Anand Rathi provides access to major Indian exchanges, including India International Exchange Limited (INDIA INX), National Stock Exchange International Financial Service Centre (NSE IFSC), and India International Bullion Exchange (IIBX). It offers a wide range of trading instruments, including stocks, bonds, mutual funds, derivatives, commodities, and currencies. Investors can trade online using sophisticated electronic platforms. Anand Rathi also offers portfolio management services and personalized financial solutions focused on long-term capital growth.
Anand Rathi by the numbers:
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30+ years of experience;
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600,000+ clients;
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90 branches in 54 Indian cities and over 1,100 authorized representatives across 333 cities of India;
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2,500+ employees.
Anand Rathi is an Indian broker catering to a wide range of investment needs
Anand Rathi offers several trading platforms for various investor needs. These include the Trade Mobi mobile app for real-time investment management, the Trade X'pro desktop platform with advanced features for active traders, and the Tradexpress web platform for convenient browser-based access. The Online MF platform facilitates easy mutual fund portfolio monitoring. These tools enhance the convenience and flexibility of trading and investing.
Anand Rathi International Ventures provides access to global markets, including trading U.S. stocks, derivatives, and other financial instruments. In total, it provides access to 135 exchanges across 33 countries, facilitating trading in 23 currencies.
Useful services offered by Anand Rathi:
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Market research and analytics;
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Insurance and financial consulting for asset protection and long-term planning;
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Expert consulting for achieving short-term and long-term investment goals;
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Capital management services.
Advantages:
No minimum deposit requirement;
Personalized financial solutions and support;
Professional assistance for prompt resolution of user issues;
Long-standing reputation;
Extensive branch network with over 1,200 offices across India and worldwide.
Anand Rathi offers a wide range of instruments and services suitable for both experienced and novice investors. Advanced infrastructure, reliable support, and access to Indian and international markets enable effective capital management.
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