Anand Rathi Review 2026
Powered by Trust. Driven by Research.
About Anand Rathi
Anand Rathi Share and Stock Brokers Limited is one of India's leading full-service stockbroking and wealth management companies. Established in 1994, the company has built a strong presence in the Indian financial services industry by offering comprehensive investment, trading, and advisory solutions. It is registered with SEBI and is a member of NSE, BSE, MCX, NCDEX, and MSEI, enabling clients to invest and trade across multiple asset classes through a single platform.
Anand Rathi offers a wide range of financial products, including equities, derivatives, commodities, currencies, mutual funds, IPOs, bonds, Portfolio Management Services (PMS), Alternative Investment Funds (AIFs), insurance, fixed deposits, and wealth management solutions. The company is well known for its research-driven investment recommendations, dedicated relationship managers, technical and fundamental research, and personalized advisory services. Investors can access these services through advanced web, mobile, and desktop trading platforms.
Over the years, Anand Rathi has earned a reputation for combining technology with research-backed investing. Its nationwide branch network, experienced research team, and diversified financial services make it a preferred choice for retail investors, HNIs, corporates, and institutional clients seeking long-term wealth creation and professional investment guidance.
| Broker type | Full-Service Broker |
|---|---|
| SEBI Registration | INZ000170832 |
| NSE Member code | 09280 |
| Net worth | ₹2,300+ Cr |
| Year of incorporation | 1994 |
| Exchange membership | NSE · BSE · MCX · NCDEX · MSEI |
| Account opening charge | ₹0 (Online) |
| Demat AMC | ₹450 + GST per year |
Anand Rathi brokerage charges
| Segment | Brokerage |
|---|---|
| Equity Delivery | 0.30% |
| Equity Intraday | 0.03% |
| Equity Futures | 0.03% |
| Equity Options | ₹20 per executed order |
| Currency F&O | 0.03% |
| Commodity F&O | 0.03% |
Anand Rathi trading platforms
AR Invest Web Web
Browser-based trading platform offering trading in equities, F&O, commodities, currencies, IPOs, mutual funds, and bonds with advanced charting, option chain, watchlists, and real-time market data.
AR Invest Mobile App Mobile
Android and iOS application for trading and investing with portfolio tracking, research reports, market watch, advanced charts, price alerts, and seamless order execution.
Anand Rathi Trade Mobi / Desktop Desktop
Professional desktop trading platform featuring advanced charting, technical indicators, option chain, multiple market watch windows, fast order execution, and research integration for active traders.
Anand Rathi pros & cons
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.
Anand Rathi margin & leverage
| Segment | Margin | Leverage |
|---|---|---|
| Equity Delivery | 100% of trade value | 1x |
| Equity Intraday | VAR + ELM Margin | Up to 5x* |
| Equity Futures | SPAN + Exposure Margin | As per available margin |
| Equity Options (Buy) | Premium Value | Not Applicable |
| Equity Options (Sell) | SPAN + Exposure Margin | As per available margin |
| Currency Futures & Options | SPAN + Exposure Margin | As per available margin |
| Commodity Futures & Options | SPAN + Exposure Margin | As per available margin |
Anand Rathi ratings & reviews
How to open a Anand Rathi account
Visit the official Anand Rathi website or download the Anand Rathi AR Invest mobile app.
Register using your mobile number and verify it through the OTP. Enter your PAN, Aadhaar, email ID, bank account details, and other required personal information.
Complete the online KYC process by uploading the necessary documents and completing Aadhaar-based eSign verification.
After successful verification, your Trading and Demat account will be activated. You can then log in to the Anand Rathi trading platform and start investing or trading in stocks, F&O, commodities, currencies, IPOs, mutual funds, bonds, and other investment products.
Anand Rathi complaints (exchange data)
Complaints filed against Anand Rathi at the exchanges, and the ratio per active client — a proxy for service quality.
| Exchange | FY | Clients | Complaints | Ratio |
|---|---|---|---|---|
| NSE | 2025–26 | 6,48,217 | 22 | 0.003% |
| NSE | 2024–25 | 6,01,364 | 28 | 0.005% |
| NSE | 2023–24 | 5,46,982 | 34 | 0.006% |
Compare Anand Rathi with other brokers
More about Anand Rathi
