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  4. Anand Rathi vs Angel One vs ICICI Direct

Anand Rathi vs Angel One vs ICICI Direct

Broker Comparison

Anand Rathi

(2.5) Open Demat Account

Angel One

(3.2) Open Demat Account

ICICI Direct

(3) Open Demat Account
Basic Details
Broker Type
Broker Type Full Service Broker Full Service Broker Full Service Broker
Account Opening
Account Opening Free Free Free
Account Maintenance
Account Maintenance ₹ 450 ₹ 240 ₹ 700
Broker Ratings
Usability
Usability (2) (3) (3)
Charged
Charged (2) (4) (2.5)
Customer Service
Customer Service (3.5) (2.5) (3.5)
Frequently Asked Questions

A retail trading and investment service, ICICI Direct, is a part of ICICI Securities, the largest retail stock broker firm in India. ICICI Direct offers 'online trading and investment' services to more than 20 lakhs customers. It offers services online as well as through a network of branches across India.

Opening a trading account with ICICI direct is free of cost irrespective of the plan you have chosen. However, the other charges like brokerage, maintenance, margin, other charges depend upon the product, segment and the plan you have chosen.

ICICI Direct provides a range of trading and investment options, thus giving new investors a platter to choose from. Also, the company offers free research and advisory services, which makes it easier for stock market beginners who need hand-holding, to start their investment journey and further provides them with a convenient trading experience.

Angel One is known as the largest full-service retail broker of India. With more than two decades of broking experience, Angel One has effectively managed to have a pan-India presence in over 1800 cities and towns. Angel One, with its modern technology and functional trading platform, serves their best when it comes to investment and trading advisory services. And it is also known for its transparent working policies and ethical practices.

You can open a Demat account in Angel One in 2 ways:

1. Online Account Opening (Digital KYC)

  • Go to the Angel One website and go to the account opening page. 

  • Fill the application form, submit all the essential documents for In-person KYC verification and identity verification.

  • Pay the charges associated with the Demat account.

  • On the complete verification of the document, your Demat account opens, the confirmation mail will be sent to you on your registered mail ID.

2.  Visit Angel Branch Office.

Angel One offers account opening through the online Digital Know your Customer (D-KYC) process. It takes 24 hours to get the activation details. This is the fastest way of opening a Demat and trading accounts.

Anand Rathi has an online trading app which is called Trade Mobi. It is a mobile trading app that facilitates multiple securities across exchanges and includes features which can allow customers to customize their dashboards, provide market watch facility, and operate stock quotes and charts. Trade Mobi is available for Android and iOS smartphones.

You can open demat account with Anand Rathi both online as well as offline, through any of the following ways:

  • Online Account Opening (Insta Account)
    The Instant account opening feature allows you to open a trading and demat account within just a few minutes. You need to have eKYC and Aadhaar.
    Steps to open Insta Account:

  1. Click on the 'Open Account' link available on the top menu.

  2. Fill in the required details DoB, PAN, and Aadhaar Number.

  3. Validate your Aadhar information.

  4. Upload scanned copies of your documents

  5. Pay the account opening fees.

To know the step by step process click here. 

  • Filling an Online Form
    People who do not have an eKYC or Aadhar can still go online and initiate the account opening process by following these steps:

  1. Click 'Open An Account' link

  2. Provide the details and then click Submit

  3. A company representative will call you to take forward the account opening process.

  • Visit Anand Rathi Branch Offices
    Anand Rathi is located in over 1200 locations across the country. You can visit your nearest branch and complete the account opening process.

Anand Rathi is one of the oldest and trustworthy stockbrokers in the country. It is registered as NSDL & CDSL depository member. Based on the market trust it has established and its widespread clientele, Anand Rathi can be considered as a safe and reliable option for trading.