Compare Anand Rathi
Anand Rathi
Aditya Birla Money
Aditya Birla Money

Background

Year of Incorporation 1994 1994 - Formerly Apollo Sindhuri
Website http://www.rathionline.com http://www.adityabirlamoney.com
Phone 1800 200 1002 1800 300 2999
Exchanges enabled NSE, BSE, MCX-SX, MCX, & NCDEX NSE, BSE, MCX, & NCDEX
Demat (NSDL/CDSL) NSDL NSDL, CDSL
Background Rating


Financial Health

Equity & Commodity Consolidated

Look for Brokerages with higher profit, low debt, higher Profit to Equity Ratio   which will indicate the profitability based on capital deployed, and atleast Rs 50 crores Balance sheet size. If a broker is in financial trouble, it will first start showing up on his balance sheet, watch out for the brokerages with and

Profit after Tax FY11/12 Rs 2.43 Crores - Rs 17.8 Crores
Profit after Tax FY12/13 Rs 2.27 Crores - Rs 15.3 Crores  
Profit after Tax FY13/14 - Rs 2.62 Crores - Rs 11.73 Crores  
Profit after Tax FY 14/15 - Rs. 2.46 Crores Rs 5.9 Crores
Profit after Tax FY 15/16 Rs. 68.5 Lakhs
Debt FY11/12 Rs 34.3 Crores Rs 50.36 Crores
Debt FY12/13 Rs 40.4 Crores   Rs 56.03 Crores  
Debt FY13/14 Rs 54.4 Crores Rs 9.87 Crores
Debt FY14/15 Rs 67.3 Crores Rs 69 Crores
Debt FY15/16 Rs 127 Crores
Profit to Equity(%) FY11/12 2.96 (56.22)
Profit to Equity(%) FY12/13 1.51 (37.8)
Profit to Equity(%) FY13/14 (1.73)   (27.38)
Profit to Equity(%) FY14/15 (23.00)   15
Profit to Equity(%) FY15/16 0.44
Balance Sheet Size FY11/12 Rs 316.9 Crores Rs 238 Crores
Balance Sheet Size FY12/13 Rs 323.5 Crores Rs 203 Crores
Balance Sheet Size FY13/14 Rs 264 Crores Rs 216 Crores
Balance Sheet Size FY14/15 Rs 289 Crores Rs 233 Crores
Balance Sheet Size FY15/16 Rs 379 Crores
Financial Health Rating


Online Presence
Online Presence

Google trend over time



Active clients

Active clients data source: NSE, as on end of every calendar year. Active client is one who has traded atleast once a year. Brokers whose active clients are trending up, would mean happy clients and hence better to trade with.

Active clients - 2013 49,860 41,531
Active clients - 2014 57,205 42,742
Active clients - 2015 58,264 39,497
Active clients - 2016 61,895 40,134
Active clients Rating


Brokerage

Equity 0.03% for Intraday, 0.3% for Delivery, Can reduce with upfront brokerage 0.03% Intrday, 0.3% Delivery - Negotiable
Equity Futures 0.03% of Turnover, Can reduce with upfront brokerage 0.03% of Turnover - Negotiable
Equity Options Rs 50/lot, Can reduce with upfront brokerage Rs 50/lot - Negotiable
Currency Futures 0.03% of Turnover, Can reduce with upfront brokerage 0.03% of Turnover - Negotiable
Currency Options Rs 50/lot, Can reduce with upfront brokerage Rs 50/lot - Negotiable
Commodity 0.03% of Turnover, Can reduce with upfront brokerage 0.03% of Turnover - Negotiable
Brokerage Rating


Account Opening Costs

Trading only NA NA
Trading & Demat Rs 550 Rs 750
Commodity Rs 250 Nil
Account Opening Costs Rating


Transparency & other costs

Double check on if you are paying much higher other/turnover costs, make sure to compare

Equity 0.0035% of Turnover 0.00325% of Turnover
Futures 0.0035% of Turnover 0.0030% of Turnover
Options 0.07% of Premium Turnover 0.060% of Turnover
Commodities 0.0035% of Turnover 0.003% of Turnover
AMC charge Rs 300/year Rs 28/Month
DP Transaction Charge Rs 25/debit Instruction Rs 20/debit instruction
Offline order placing Charge Nil Nil
Transparency & other costs Rating


Platforms

Software
Web/HTML 5
Mobile
Platforms Rating


Charting

Intraday 22 days on NEST 22 days on NEST
End of Day 10 years on NEST 10 years on NEST
Coding/Backtesting
Charting Rating


Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Reporting Rating


Margins

Leverage Provided

Equity Upto 10 times for Intraday, Upto 4 times for Delivery@interest Upto 15 times Intraday, Upto 5 times Delivery @interest
Equity Futures Upto 2 times Intraday Upto 3 times for Intraday
Equity Options Buying no leverage, Shorting upto 2 times No Leverage
Currency Futures Upto 2 times Intraday Upto 3 times for Intraday
Currency Options Buying no leverage, Shorting upto 2 times No Leverage
Commodity Upto 2 times Intraday Upto 4 times for Intraday
Margins Rating


Support & Tools

Research & Tips
Brokerage Calculator
Margin Calculator
Bracket orders & Trailing Stoploss
Training & Education
Support & Tools Rating


Convenience

3 in 1 Account
Instant Fund withdrawal
Relationship Managers
Convenience Rating

Our Review