Compare Anand Rathi
Anand Rathi
Indiainfoline
Indiainfoline

Background

Year of Incorporation 1994 1996
Website http://www.rathionline.com http://www.indiainfoline.com
Phone 1800 200 1002 022-40071000
Exchanges enabled NSE, BSE, MCX-SX, MCX, & NCDEX NSE, BSE, MCX-SX, 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 2.78 Crores
Profit after Tax FY12/13 Rs 2.27 Crores Rs 9.69 Crores
Profit after Tax FY13/14 - Rs 2.62 Crores Rs 14.69 Crores
Profit after Tax FY 14/15 - Rs. 2.46 Crores Rs. 76.8 Crores
Profit after Tax FY 15/16 Rs. 68.5 Lakhs Rs 50.2 Crores
Debt FY11/12 Rs 34.3 Crores Rs 66.8 Crores
Debt FY12/13 Rs 40.4 Crores   Nil
Debt FY13/14 Rs 54.4 Crores Nil
Debt FY14/15 Rs 67.3 Crores Nil
Debt FY15/16 Rs 127 Crores 0
Profit to Equity(%) FY11/12 2.96 27.48
Profit to Equity(%) FY12/13 1.51 7.92
Profit to Equity(%) FY13/14 (1.73)   31.8
Profit to Equity(%) FY14/15 (23.00)   65
Profit to Equity(%) FY15/16 0.44 27.6
Balance Sheet Size FY11/12 Rs 316.9 Crores Rs 282 Crores
Balance Sheet Size FY12/13 Rs 323.5 Crores Rs 227 Crores
Balance Sheet Size FY13/14 Rs 264 Crores Rs 1169 Crores * Change in accounting practice
Balance Sheet Size FY14/15 Rs 289 Crores Rs 1143 Crores
Balance Sheet Size FY15/16 Rs 379 Crores Rs 1310 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 2,35,241
Active clients - 2014 57,205 2,86,032
Active clients - 2015 58,264 2,62,930
Active clients - 2016 61,895 2,22,348
Active clients Rating


Brokerage

Equity 0.03% for Intraday, 0.3% for Delivery, Can reduce with upfront brokerage 0.05% Intraday & 0.5% Delivery - Negotiable
Equity Futures 0.03% of Turnover, Can reduce with upfront brokerage 0.05% of Turnover - Negotiable
Equity Options Rs 50/lot, Can reduce with upfront brokerage Rs 100/lot - Negotiable
Currency Futures 0.03% of Turnover, Can reduce with upfront brokerage Rs 25/lot - Negotiable
Currency Options Rs 50/lot, Can reduce with upfront brokerage Rs 10/lot - Negotiable
Commodity 0.03% of Turnover, Can reduce with upfront brokerage 0.03% - 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 0.0038% of Turnover  
Options 0.07% of Premium Turnover 0.058% of Turnover
Commodities 0.0035% of Turnover 0.0041% of Turnover  
AMC charge Rs 300/year Onetime Rs 555 or Rs 25/month
DP Transaction Charge Rs 25/debit Instruction 0.05% ( Minimum Rs 15 & Max Rs 100)
Offline order placing Charge Nil Nil
Transparency & other costs Rating


Platforms

Software
Web/HTML 5
Mobile
Platforms Rating


Charting

Intraday 22 days on NEST 20 Days
End of Day 10 years on NEST 10 Years
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 20 times Intraday, &3 times for Delivery@interest
Equity Futures Upto 2 times Intraday Upto 3 times for Intraday
Equity Options Buying no leverage, Shorting upto 2 times Buying no leverage, Shorting upto 3 times
Currency Futures Upto 2 times Intraday Upto 2 times for Intraday
Currency Options Buying no leverage, Shorting upto 2 times Buying no leverage, Shorting upto 2 times
Commodity Upto 2 times Intraday Upto 3 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