Broker Comparison |
Anand Rathi(2.5) Open Account |
Kotak Securities(3.1) Open Account |
ICICI Direct(3) Open Account |
|---|---|---|---|
| Basic Details | |||
| Broker Type | |||
| Broker Type | Full Service Broker | Full Service Broker | Full Service Broker |
| Account Opening | |||
| Account Opening | Free | Free | Free |
| Account Maintenance | |||
| Account Maintenance | ₹ 450 | ₹ 600 | ₹ 700 |
| Broker Ratings | |||
| Usability | |||
| Usability | (2) | (2.8) | (3) |
| Charged | |||
| Charged | (2) | (3) | (2.5) |
| Customer Service | |||
| Customer Service | (3.5) | (3.5) | (3.5) |
Brokerage charge is the fee charged by the broker in exchange for the buying & selling of securities or trade executed by the customers.
These charges are payable by the investors on every transaction. However, Kotak Securities charges Zero brokerage for intraday trades across Cash, Futures & Options, and Currency & Commodity segments.
When it comes to Equity delivery, their brokerage charges are Zero too for customers under 30 years of age through the Trade Free Youth Plan and 0.25% of the transaction value if customers are above 30 years through the Trade Free Plan.
In case a customer wants to avail lower interest rate benefit through Margin Trading Facility, he/she can subscribe to the Trade Free Max Plan.
Click here to learn more in detail about the brokerage charges of Kotak Securities.
The cost of opening a demat account with Kotak Securities is free. However, there are other charges associated with having a demat account with Kotak Securities which include safety charges (custodian fee), annual maintenance charges, and transaction charges, depending upon the value of securities.
The 3-in-1 account of Kotak Securities includes a demat account and an online trading account with Kotak Securities and a bank account with the Kotak Mahindra Bank. You can open a 3-in-1 account with Kotak Securities by following the below steps:
Fill out their online application form and submit the required documents.
After filling out the form, call their toll free numbers 1800 222 299 / 18002099191
Or, visit the nearest Kotak Securities branch office.
A retail trading and investment service, ICICI Direct, is a part of ICICI Securities, the largest retail stock broker firm in India. ICICI Direct offers 'online trading and investment' services to more than 20 lakhs customers. It offers services online as well as through a network of branches across India.
Opening a trading account with ICICI direct is free of cost irrespective of the plan you have chosen. However, the other charges like brokerage, maintenance, margin, other charges depend upon the product, segment and the plan you have chosen.
ICICI Direct provides a range of trading and investment options, thus giving new investors a platter to choose from. Also, the company offers free research and advisory services, which makes it easier for stock market beginners who need hand-holding, to start their investment journey and further provides them with a convenient trading experience.
Anand Rathi has an online trading app which is called Trade Mobi. It is a mobile trading app that facilitates multiple securities across exchanges and includes features which can allow customers to customize their dashboards, provide market watch facility, and operate stock quotes and charts. Trade Mobi is available for Android and iOS smartphones.
You can open demat account with Anand Rathi both online as well as offline, through any of the following ways:
Online Account Opening (Insta Account)
The Instant account opening feature allows you to open a trading and demat account within just a few minutes. You need to have eKYC and Aadhaar.
Steps to open Insta Account:
Click on the 'Open Account' link available on the top menu.
Fill in the required details DoB, PAN, and Aadhaar Number.
Validate your Aadhar information.
Upload scanned copies of your documents
Pay the account opening fees.
To know the step by step process click here.
Filling an Online Form
People who do not have an eKYC or Aadhar can still go online and initiate the account opening process by following these steps:
Click 'Open An Account' link
Provide the details and then click Submit
A company representative will call you to take forward the account opening process.
Visit Anand Rathi Branch Offices
Anand Rathi is located in over 1200 locations across the country. You can visit your nearest branch and complete the account opening process.
Anand Rathi is one of the oldest and trustworthy stockbrokers in the country. It is registered as NSDL & CDSL depository member. Based on the market trust it has established and its widespread clientele, Anand Rathi can be considered as a safe and reliable option for trading.
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