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Anand Rathi Vs Shriram Insight
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Anand Rathi Vs Shriram Insight is one of the top stockbroker comparisons traders look for. Here is the comparison with respect to Brokerage, Customer Service, Trading Platforms etc.
This comparison article also provides a video comparison between Anand Rathi Vs Shriram Insight so that you get a 360-degree view about which broker to go ahead with.
Anand Rathi Vs Shriram Insight Comparison
Here is a point by point comparison of Anand Rathi Vs Shriram Insight.
Anand Rathi is a full-service stockbroking housing with its operations started back in 1994. It is known for providing trading and investment services across a whole range of financial assets. Further, it has got an array of trading platforms across web, desktop and mobile.
Shriram Insight is a full-service stockbroker with a presence in around 700 different locations across India. The broker provides free account opening with reasonable brokerage rates but the quality of its service and research can be improved.
Full-service brokers such as Anand Rathi or Shriram Insight will help you, spoon feed you, handhold you through the process, even if you need an offline help, meet someone, talk to somebody and so on. Choosing between the two depends on your preferences, your online appetite, your understanding of the stock market and so on.
To make things easy for you, we have listed out the comparison between Anand Rathi Vs Shriram Insight to help you find which of the two suits your needs better.
The comparison is made on aspects such as:
- Company Overview
- Account Opening Charges
- Brokerage
- Exposure or Leverages
- Research
- Trading Platforms
- Other Features
Generally, above-mentioned aspects are good enough to make a decision based on your preferences but feel free to let us know what more areas you would like us to cover. Most of the content has been vetted by the corresponding stockbroking firms.
We hope this article helps you to understand which of the two brokers is better for your needs.
Anand Rathi Vs Shriram Insight Compare
 |  | |
| Shriram Insight Review | Anand Rathi Review | |
| OVERVIEW | ||
| Broker Type | Full Service Broker | Full Service Broker |
| Incorporated In the Year | 1974 | 1994 |
| Number of branches across India | 700 | 1200 |
| Exchanges | NSE, BSE, MCX, RCL | BSE, NSE, MCX, NCDEX and USE |
| ACCOUNT CHARGES | ||
| Trading Account Opening Charges | ₹0 | ₹750 |
| Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
| Demat Account Opening Charges | ₹290 | ₹550 |
| Demat Account Annual Maintenance Charges | ₹0 | ₹0 for first year, ₹299 from second year |
| Transaction Charges | Shriram Insights Transaction Charges | Anand Rathi Transaction Charges |
| BROKERAGE | ||
| Equity Delivery | 0.3% | 0.3% (can be negotiated further) |
| Intraday Delivery | 0.03% | 0.03% |
| Equity Futures | 0.03% | 0.03% |
| Equity Options | ₹50 per contract | ₹50 per executed order |
| Currency Futures | 0.03% | 0.03% |
| Currency Options | ₹50 per contract | ₹50 per executed order |
| Commodity | 0.03% | 0.03% |
| Brokerage Calculator | Shriram Insight Brokerage Calculator | Anand Rathi Brokerage Calculator |
| EXPOSURE OR LEVERAGE | ||
| Equity | Intraday upto 2 times | Upto 10 times for Intraday, Upto 4 times for Delivery |
| Equity Futures | Same as margin | Upto 2 times for Intraday |
| Equity Options | Same as margin | Buying no leverage, Shorting upto 2 times |
| Currency Futures | Same as margin | Upto 2 times for Intraday |
| Currency Options | Same as margin | Buying no leverage, Shorting upto 2 times |
| Commodities | Same as margin | Upto 2 times for Intraday |
| RESEARCH | ||
| Daily Market Reports |  | |
| Tips/Recommendations | | |
| Quarterly Analysis | | |
| News Alerts | | |
| TRADING SEGMENTS | ||
| Equity | | |
| Mutual Funds | | |
| IPOs | | |
| Currency | | |
| Commodity | | |
| CUSTOMER SERVICE OPTIONS | ||
| Email Support | | |
| Live Chat |  | |
| Phone | | |
| Toll Free Number | | |
| Offline Branches | | |
| FEATURES | ||
| Mobile Trading | | |
| Orders Accepted After Trading Hours | | |
| Charting | | |
| SMS Alerts | | |
| Robo Advisory | | |
| Automated Trading | | |
| Market Tips | | |
| Margin Funding | | |
| Relationship Managers | | |
| 3 in 1 Account | | |
| Trading Platform(s) | NetPro Desktop, NetPro Browser, Mobile App | Trade X'Press+, Trade Lite, Trade Mobi, Trade X'Pro, Trade X'Pro+ |
| Total BSE+NSE Complaints Percentage | 0.05% | 0.06% |
| OVERALL RATING |  |  |
*NSE Complaints Percentage: Lower is this number, Better is the broker.
Before we complete this comparison, we think one quick understanding of brokerage charges is important.
Full-service stockbrokers charge brokerage as a percentage of your trading turnover. For instance, if you place a trade of ₹10,000 for Equity delivery and your broker charges 0.4% or 40 paise as brokerage. This would mean, you will be charged 0.40% of ₹10,000 i.e. ₹40 as the brokerage for that particular trade.
Discount brokers, on the other hand, charge a flat rate brokerage (could be ₹10, ₹20 etc) irrespective of the trade value.
Make sure you understand this difference and then take a call. Here is a brokerage calculator for your reference.
Have you in the past or are currently trading with any of the above stockbrokers? If yes, would you like to share your experience(s) with Anand Rathi Vs Shriram Insight for the benefits of other readers? Please feel free to share in the comments below.
Furthermore, in case you are looking to get started with stock market trading or investments in general, let us assist you in taking the next steps forward.
Summary
Reviewer
A Digital Blogger
Date
Broker Name
Anand Rathi Vs Shriram Insight
Overall Rating
