Anand Rathi vs Jainam Broking Limited

A full side-by-side comparison of brokerage charges, demat AMC, margin, platforms, features and user ratings — updated for 2026.

Anand Rathi
Anand Rathi
Full-Service Broker · since 1994
VS
Jainam Broking Limited
Full-Service Broker · since 2003
Jainam Broking Limited

Anand Rathi vs Jainam Broking Limited — quick verdict

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Company overview

Anand Rathi is a full-service broker incorporated in 1994; Jainam Broking Limited is a full-service broker incorporated in 2003.

ParameterAnand RathiJainam Broking Limited
Type of broker Full-Service Broker Full-Service Broker
Exchange membership NSE · BSE · MCX · NCDEX · MSEI NSE · BSE · MCX
Year of incorporation 1994 older 2003
Number of branches 1,200+ wider 100+
Active clients 6 Lakh+ larger 2 Lakh+

Charges & AMC

Account-opening and maintenance charges for Anand Rathi and Jainam Broking Limited compared side by side.

ParameterAnand RathiJainam Broking Limited
Trading a/c opening ₹0 (Online) ₹0 (Online)
Trading a/c AMC ₹0 ₹0
Demat a/c opening ₹0 ₹0
Demat a/c AMC ₹450 + GST per year ₹300 + GST per year lower
DP charges (per ISIN, sell) ₹15.93 per debit transaction (including GST) ₹15.93 per debit transaction (including GST)

Brokerage charges

How Anand Rathi and Jainam Broking Limited price each trading segment, per executed order.

ParameterAnand RathiJainam Broking Limited
Equity Delivery 0.30% 0.30%
Equity Intraday 0.03% 0.03%
Equity Futures 0.03% 0.03%
Equity Options ₹20 per executed order ₹20 per executed order
Currency F&O 0.03% Not Available
Commodity F&O 0.03% 0.03%
Call & Trade ₹20 per executed order ₹20 per executed order

Transaction charges (exchange turnover)

Exchange turnover and clearing charges passed through by Anand Rathi and Jainam Broking Limited, per segment.

ParameterAnand RathiJainam Broking Limited
Equity Delivery NSE: 0.00297% • BSE: 0.00375% NSE: 0.00297% • BSE: 0.00375%
Equity Intraday NSE: 0.00297% • BSE: 0.00375% NSE: 0.00297% • BSE: 0.00375%
Equity Futures NSE: 0.00173% NSE: 0.00173%
Equity Options NSE: 0.03503% (on premium) NSE: 0.03503% (on premium)
Currency Futures NSE: 0.00035% —
Currency Options NSE: 0.03110% (on premium) —
Commodity Futures MCX: 0.00210% MCX: 0.00210%
Commodity Options MCX: 0.04180% (on premium) MCX: 0.04180% (on premium)

Demat & DP charges

Depository (demat) charges for Anand Rathi and Jainam Broking Limited — AMC, debit transactions, pledging and remat.

ParameterAnand RathiJainam Broking Limited
Demat Account Opening ₹0 ₹0
Annual Maintenance Charges (AMC) ₹450 + GST per year ₹300 + GST per year
Debit Transaction Charges ₹15.93 per debit transaction (including GST) ₹15.93 per debit transaction (including GST)
Pledge / Unpledge Charges ₹25 + GST per request ₹25 + GST per request
Dematerialisation (Demat) ₹150 per certificate + GST ₹150 per certificate + GST
Rematerialisation (Remat) ₹150 per certificate + GST ₹150 per certificate + GST
Failed Transactions Nil Nil

Margin & leverage (MTF)

Intraday and delivery margin / leverage offered by Anand Rathi and Jainam Broking Limited.

ParameterAnand RathiJainam Broking Limited
Equity Delivery 100% of trade value (1x) 100% of trade value (1x)
Equity Intraday VAR + ELM Margin (Up to 5x*) VAR + ELM Margin (Up to 5x*)
Equity Futures SPAN + Exposure Margin (As per available margin) SPAN + Exposure Margin (As per available margin)
Equity Options (Buy) Premium Value (Not Applicable) Premium Value (Not Applicable)
Equity Options (Sell) SPAN + Exposure Margin (As per available margin) SPAN + Exposure Margin (As per available margin)
Currency Futures & Options SPAN + Exposure Margin (As per available margin) SPAN + Exposure Margin (As per available margin)
Commodity Futures & Options SPAN + Exposure Margin (As per available margin) —

Features & account

Account type and feature availability across Anand Rathi and Jainam Broking Limited.

ParameterAnand RathiJainam Broking Limited
3-in-1 account ✕ No ✕ No
Automated / API trading ✓ Yes better ✕ No
Margin Trading (MTF) ✓ Yes ✓ Yes
Trading in SME shares ✓ Yes ✓ Yes
Trading platforms AR Invest Web, AR Invest Mobile App, Anand Rathi Trade Mobi / Desktop Jainam Web, Jainam Mobile App, Jainam Trade Terminal
Intraday square-off 3:15 PM 3:15 PM
Other Research Reports, Trading Calls, Advanced Charting, Option Chain, Basket Orders, Price Alerts, eDIS, Margin Trading Facility (MTF), PMS, AIF, Wealth Management Research Reports, Trading Calls, Advanced Charting, Option Chain, Basket Orders, Price Alerts, eDIS, Margin Trading Facility (MTF), SIP Investment

Trading platforms & apps

Trading terminals, web platforms and mobile apps offered by Anand Rathi and Jainam Broking Limited.

ParameterAnand RathiJainam Broking Limited
Trading platforms offered AR Invest Web, AR Invest Mobile App, Anand Rathi Trade Mobi / Desktop Jainam Web, Jainam Mobile App, Jainam Trade Terminal
Number of platforms 3 3
Platforms (summary) AR Invest Web, AR Invest Mobile App, Anand Rathi Trade Mobi / Desktop Jainam Web, Jainam Mobile App, Jainam Trade Terminal
Mobile / desktop apps Web, Mobile, Desktop Web, Mobile, Desktop

User ratings

User ratings for Anand Rathi and Jainam Broking Limited across the key parameters.

Rated onAnand RathiJainam Broking Limited
Fees 4.1 better 4
Brokerage 4.2 better 4.1
Trading platform 4.5 better 4.2
Customer service 4.6 better 4.5
Research 4.8 better 4.6
Overall 4.4 better 4.2

Investment options

Which investment products Anand Rathi and Jainam Broking Limited let you access.

ParameterAnand RathiJainam Broking Limited
Stocks / Equity ✓ Yes ✓ Yes
Commodity ✓ Yes ✓ Yes
IPO ✓ Yes ✓ Yes
Mutual Funds ✓ Yes ✓ Yes
Bonds / NCD ✓ Yes ✓ Yes

Order types offered

Advanced order types supported by Anand Rathi and Jainam Broking Limited.

ParameterAnand RathiJainam Broking Limited
Bracket Order ✓ Yes ✓ Yes
Cover Order ✓ Yes ✓ Yes
BTST ✓ Yes ✓ Yes
After Market (AMO) ✓ Yes ✓ Yes
GTC / GTT ✕ No ✕ No

Safety & credibility

SEBI registration, financial strength and complaint record for Anand Rathi and Jainam Broking Limited.

ParameterAnand RathiJainam Broking Limited
SEBI registration INZ000170832 INZ000209933
NSE member code 09280 90484
Year of incorporation 1994 longer track record 2003
Net worth ₹2,300+ Cr stronger ₹150+ Cr
Exchange memberships NSE · BSE · MCX · NCDEX · MSEI NSE · BSE · MCX
Latest complaint ratio 0.003% fewer complaints 0.004%

Complaints record

Exchange complaint data for Anand Rathi and Jainam Broking Limited — the ratio matters more than the raw count.

ParameterAnand RathiJainam Broking Limited
Latest financial year 2025–26 2025–26
Exchange NSE NSE
Active clients 6,48,217 larger base 2,08,614
Complaints filed 22 9
Complaint ratio 0.003% fewer complaints 0.004%

Pros & cons

The main advantages and drawbacks of each broker.

Anand Rathi

▲ Pros

  • ✓ Strong equity and commodity research with expert advisory.
  • ✓ Comprehensive wealth management and investment solutions.
  • ✓ Supports stocks, F&O, commodities, currencies, IPOs, mutual funds, bonds, PMS, AIFs, and insurance.
  • ✓ Large nationwide branch and relationship manager network.
  • ✓ Advanced web, mobile, and desktop trading platforms.
  • ✓ Personalized investment recommendations for retail and HNI clients.

▼ Cons

  • ✕ Brokerage charges are generally higher than discount brokers.
  • ✕ Annual Demat AMC is applicable.
  • ✕ Advanced wealth management services are primarily targeted at premium clients.
  • ✕ Call & Trade charges may apply.
  • ✕ Frequent traders may find discount brokers more economical.
Jainam Broking Limited

▲ Pros

  • ✓ Personalized investment advisory and relationship managers.
  • ✓ Strong equity and commodity research support.
  • ✓ Offers stocks, F&O, commodities, IPOs, mutual funds, bonds, SIPs, and insurance.
  • ✓ Easy-to-use web, mobile, and desktop trading platforms.
  • ✓ Good customer support with regional branch presence.
  • ✓ Suitable for long-term investors seeking research-backed recommendations.

▼ Cons

  • ✕ Brokerage charges are higher than discount brokers.
  • ✕ Annual Demat AMC is applicable.
  • ✕ Limited branch network compared to larger national brokers.
  • ✕ Call & Trade charges apply.
  • ✕ Advanced wealth management services may be available only for select clients.
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Compare Jainam Broking Limited with

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Disclaimer: Investments in the securities market are subject to market risks; read all related documents carefully before investing. This page is for information only and is not investment advice. Brokerage, AMC and other charges change frequently — always verify against the broker's official website before opening an account. Affiliate disclosure: "Open account" links are affiliate links and we may earn a commission at no extra cost to you; this does not influence our ratings.