Anand Rathi - Safe, Reliable & Trustworthy Broker

Incorporated in 1994, Anand Rathi is one of India's leading financial services companies. Anand Rathi is a reputable full-service broker with a low client-to-complaint ratio. Anand Rathi has a presence in over 100+ branches and 1200+ sub-brokers spread across India and Dubai.

Anand Rathi is a SEBI registered broker and a depository participant with CDSL and NSDL. It is a member of the BSE, NSE, and MCX.

Anand Rathi is a client-centric company that offers a wide range of services such as trading and investment services in Equity, Currency, Commodities, Futures & Options, Mutual Funds and IPOs etc,

Anand Rathi provides investment advisory services; their team of professionals conducts research across all investment categories and produces timely reports, trading tips, and recommendations to assist clients in achieving their financial objectives.

The company offers a wide range of services to investors such as Wealth Management, Investment Banking, Corporate Finance & Distribution including insurance, loans, corporate deposits, investment opportunities and smart baskets, portfolio management, margin funding, loan against shares, etc.

About Anand Rathi

The following are key facts you should know about Anand Rathi.

• One of India's leading financial services companies.
• Over 24 years of experience in wealth generation.
• Full-service broker offering a wide range of services.
• Free research, trading tips, and recommendations.
• Excellent mobile application, website, & desktop trading software for trading.
• Pan India's presence through branches and franchises.
• It offers free online account opening and Rs 0 Demat AMC for the 1st year.

Why Anand Rathi Broking is safer than other brokers?

1. Strong Presence (In-person services)

   Anand Rathi has been offering financial services for over 25+ years and is one of the major financial and investment services providers in India. With 100+ branches and 1200+ sub-brokers, Anand Rathi has a strong presence in India and Dubai.

2. Registered with Regulatory

   Anand Rathi is a SEBI registered broker and a member of the BSE, NSE, MCX, CDSL and NSDL. Anand Rathi offers to trade in Stocks, Equity Derivatives, Currency, and Commodity trading.

3. Technology-Focused Company

   Anand Rathi offers technology-advanced investment software such as TradeMobi App, Trade X'Press+ web-based, and Trade X'Pro+ desktop-based applications. The advanced platforms aim at making investors' investments and the trading journey easy and seamless. To assist its consumers, the broker offers both online and offline services.

Anand Rathi Risks

While Anand Rathi broking is a safe broker serving customers for over 24 years, there are a few areas of concern a customer should be aware of:

1. Wide range of businesses

   Anand Rathi is a large financial services provider with a range of products and services. The businesses owned by the group have different risk profiles. Most of them fall in the higher risk category in comparison to the stock broking business. The scale of failure in one such business could impact its brokerage business also.

2. Margin Funding

   Anand Rathi offers margin funding to its customers. Margin funding is considered a risky business for stockbrokers where a broker lends the money to traders for the short term.
   Other discount stock brokers like Zerodha and Upstox do not offer margin funding.

3. Proprietary Trading

   Anand Rathi undertakes proprietary trading which makes it a risky broker as compared to the broker not offering this facility.

4. High brokerage charges

   Anand Rathi's brokerage charges are high compared to other brokers. The company charges 0.20% on delivery trades and Rs 100 per lot for commodity options.

5. Relationship Manager (RM)

   Anand Rathi uses sub-brokers and relationship managers who could misguide customers for their personal benefits or to meet targets given by their peers. Most complaints about Anand Rathi are around RMs who did false promises or illegal transitions in a customer account.

Anand Rathi's Memberships

Anand Rathi is registered with SEBI and a member of leading stock exchanges like NSE, BSE and MCX. Anand Rathi is also a DP (Depository Participant) with NSDL and CDSL.

Anand Rathi's various membership details are as follows:

• Member: BSE, BSE (F&O) NSE, NSE (F&O), MCX & NCDEX
• Anand Rathi SEBI Registration no.: INZ000170832
• CDSL & NSDL SEBI Registration No: IN - DP-437-2019
• Portfolio Management Service INP000000282
• Anand Rathi Wealth Limited, AMFI Registration No.: 111569
• Anand Rathi Share and Stock Brokers, AMFI Registration No.: 4478

Conclusion

Anand Rathi is a safe, reliable, and trusted stockbroker in India. The firm is a legitimate stockbroker with all of the necessary licenses and memberships. The company provides a variety of trading platforms, all of which are safe and secure. The brokerage fees, on the other hand, are higher than those charged by other brokers. Anand Rathi customer also has to be careful with relationship managers and sub-brokers when following tips and giving access to the account.

Must Read:

• 10 Steps to safeguard trading and Demat account

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Information on this page was last updated on Tuesday, July 30, 2024