Zerodha
India's largest stockbroker by client base
4.6/ 5
Best for: Cost-conscious DIY investors who mainly buy-and-hold stocks or trade F&O occasionally.
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Anand Rathi review
Advisory-led wealth across equities, MF and debt
3.8/ 5App: 4.0/5
- Since 1994
- Delivery 0.15% (Digital plan)
- AMC Free for 1st year
Open an account with Anand RathiCompare Anand Rathi →SEBI INZ000170832 | Member: NSE, BSE, MCX, NCDEX | DP: CDSL/NSDL
Reviewed by LetsInvest Research DeskUpdated 14 Sept 2026Pricing verified 14 Sept 2026How we test
Fees & pricing3.9
Trading platforms3.8
Customer support4.1
Research & education4.2
Ease of opening3.8
Overview
Full-service broker and wealth group with physical plus digital plans and research-backed advisory; the Digital plan pitches low percentage rates.
Best for: Investors wanting one advisory relationship across products.
Pros & cons
What we like
- Free account opening plus first-year AMC free
- Low headline digital rates
- Multi-product coverage with research
Watch out for
- Full tariff needs written confirmation
- Physical vs Digital plan split confuses comparison
- MTF at 15–18% p.a. adds leverage cost
Fees & charges
Account charges
- Account openingOne-time charge to open your demat + trading account. Many discount brokers have made this free.
- ₹0 (free)✓ Verified 14/9/2026
- Annual maintenance (AMC)Yearly demat maintenance, charged by the broker (separate from CDSL/NSDL custodian fees). Often free for the first year.
- Free for 1st year✓ Verified 14/9/2026
Equity
- Equity deliveryBrokerage when you buy shares and hold them overnight or longer. This is the charge long-term investors should minimise.
- 0.15% (Digital plan)✓ Verified 14/9/2026
- IntradayBrokerage on same-day buy-sell trades. Percentage caps (e.g. 0.03%) protect small orders from the flat fee.
- 0.015% (Digital plan)✓ Verified 14/9/2026
Derivatives (F&O)
- OptionsPer-order charge for options buying/selling. Excludes STT, exchange and SEBI charges, which apply equally everywhere.
- ₹50 per lot (Digital plan)✓ Verified 14/9/2026
- FuturesPer-order charge for futures trades. Same statutory extras as options apply on top.
- 0.015% (Digital plan)✓ Verified 14/9/2026
Sources: official broker pricing pages. Figures marked “Confirming” are being re-verified — always confirm before trading.
What you can invest in
- Stocks (delivery)
- ✓ Yes
- Intraday
- ✓ Yes
- Futures & options
- ✓ Yes
- Mutual funds
- ✓ Yes
- IPOUPI-based IPO applications
- ✓ Yes
- US stocks
- —
- Trading API
- —
Platforms & features
platforms
- Mobile app✓ · TradeMobi app (Android + iOS)
investing
- IPO investing✓ · UPI-based IPO applications
research
- Research & advisory✓ · Research-backed recommendations
support
- Customer support✓ · Expert + customer team
Support & company
Customer support
Expert + customer team
Company facts
- Founded
- 1994
- Regulation
- SEBI INZ000170832 | Member: NSE, BSE, MCX, NCDEX | DP: CDSL/NSDL
Promising headline pricing — verify the full charge schedule with the broker before scoring it against peers.
How to open a Anand Rathi account
Start your application
Open the Anand Rathi signup with your mobile number and email — it takes about 10 minutes.
Complete e-KYC
Verify with PAN, Aadhaar-based OTP, a live selfie and your bank proof (cancelled cheque or statement).
E-sign documents
Digitally sign the account-opening form and nomination details via Aadhaar e-sign.
Get your client ID
Activation usually takes 24–48 hours. Your login credentials arrive by email and SMS.
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How we research. Every fee on this site carries a source and a verification date. Data is re-checked against official broker pages; read our editorial methodology. LetsInvest is a research publication, not a financial adviser — see our terms.