Anand Rathi Vs Angel One Vs Nj Wealth Comparison

The comparison between Anand Rathi, Angel One, and NJ Wealth highlights the major differences in their services and features, including overall ratings, brokerage charges, trading platforms, investment offerings, and customer service quality. Anand Rathi is known for its user-friendly trading experience and reliability, while Angel One stands out for offering competitive brokerage rates and an advanced mobile trading platform. Nj Wealth provides an excellent balance of technology, research tools, and responsive customer support. In terms of active clients, the brokers report approximately 149,849, 3.46 crore, and 72000 users respectively, reflecting their popularity among investors. Overall, this comparison of Anand Rathi, Angel One, and NJ Wealth helps traders and investors choose the most suitable broker based on features, pricing, and platform performance.

Services / Features

The services/features comparison between Anand Rathi, Angel One, and NJ Wealth reveals significant differences in their offerings. Anand Rathi provides 4 for Overall Rating, while Angel One offers 4.5 and NJ Wealth features 4.

Services / Features Anand Rathi Angel One NJ Wealth
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type Full Service Broker Full Service Broker Full Service Broker
Exchanges Supported NSE, BSE, MCX NSE, BSE NSE, BSE
Active Clients 149,849 3.46 crore 72000
Broker Overview Anand Rathi Review Angel One Review NJ Wealth Review

Account Opening Charges and AMC

The account opening charges and AMC comparison between Anand Rathi, Angel One, and NJ Wealth reveal significant differences in their offerings. Anand Rathi provides N/A trading and demat account opening, while Angel One offers Zero and NJ Wealth features N/A.

Account Opening Charges and AMC Anand Rathi Angel One NJ Wealth
Trading Account Opening Zero
Trading AMC ₹500 per year ₹300 per year
Demat Account Opening Zero
Demat AMC ₹500 per year ₹300
Provide DP Service Yes Yes Yes

Brokerage Plans

The brokerage plans comparison between Anand Rathi, Angel One, and NJ Wealth reveals significant differences in their offerings. Anand Rathi provides - plans, while Angel One offers - and NJ Wealth features No.

Brokerage Plans Anand Rathi Angel One NJ Wealth
Multiple Plans - - No
Monthly Plans - - No
Yearly Plans - - No

Brokerage Charges

This comparison between Anand Rathi, Angel One, and NJ Wealth reveals significant differences in their brokerage charges. Anand Rathi charges 0.20% brokerage on equity delivery and intraday, 0.02% for futures, and Rs 50 per lot for options. Angel One charges ₹20 or 0.1% brokerage on equity delivery and intraday, ₹20 for futures, and ₹20 for options. NJ Wealth charges 0.10 of Transaction Value brokerage on equity delivery and intraday, 0.01 of Transaction Value for futures, and Rs.10 per Lot for options.

Brokerage Charges Anand Rathi Angel One NJ Wealth
Plan Name - - -
Equity Delivery 0.20% ₹20 or 0.1% 0.10 of Transaction Value
Equity Intraday 0.02% ₹20 or 0.03% 0.01 of Transaction Value
Equity Futures 0.02% ₹20 0.01 of Transaction Value
Equity Options Rs 50 per lot ₹20 Rs.10 per Lot
Currency Futures 0.02% ₹20
Currency Options Rs 20 per lot ₹20
Commodity Futures 0.02%
Commodity Options Rs 100 per lot
Hidden Charges No No No
Call & Trade Charges 50 + GST ₹20 + GST ₹30 per trade
Auto Square Off Charges 50 + GST ₹20 + GST ₹30 per trade
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Transactions Charges

This comparison between Anand Rathi, Angel One, and NJ Wealth reveals significant differences in their transactions. Anand Rathi provides NSE Rs 297 per Cr (0.00297%) | BSE Rs 375 per Cr (0.00375%) (sell side) for Transaction Charges Equity Delivery, while Angel One offers NSE: 0.00297% BSE*: As Per The Stock Group and NJ Wealth features 0.00335% (NSE) & As per Stock (BSE).

Transactions Charges Anand Rathi Angel One NJ Wealth
Equity Delivery NSE Rs 297 per Cr (0.00297%) | BSE Rs 375 per Cr (0.00375%) (sell side) NSE: 0.00297% BSE*: As Per The Stock Group 0.00335% (NSE) & As per Stock (BSE)
Equity Intraday NSE Rs 297 per Cr (0.00297%) | BSE Rs 375 per Cr (0.00375%) (sell side) NSE: 0.00297% BSE*: As Per The Stock Group 0.00335% (NSE) & As per Stock (BSE)
Equity Futures NSE Rs 173 per Cr (0.00173%) | BSE Rs 0 NSE: 0.00173% BSE: 0 0.002% (NSE & BSE)
Equity Options NSE Rs 3503 per Cr (0.03503%) | BSE Rs 325 per Cr (0.00325%) NSE: 0.03503% BSE: Sensex 50/Stock options 0.0050% Sensex/Bankex options 0.0325% 0.053% (on premium)
Currency Futures NSE Rs 35 per Cr (0.00035%) | BSE Rs 45 per Cr (0.00045%) NSE: 0.00035% BSE: 0.00045%
Currency Options NSE Rs 3110 per Cr (0.0311%) | BSE Rs 100 per Cr (0.001%) (on premium) NSE: 0.0311% BSE: 0.001%
Commodity MCX 0.0418% NCDEX Options 0.03%

Account Features

These are the notable distinctions in the account features of Anand Rathi, Angel One, and NJ Wealth when compared.

Account Features Anand Rathi Angel One NJ Wealth
3-in-1 Account No No No
Charting Yes Yes Yes
Algo Trading Yes Yes Yes
SMS Alerts Yes Yes Yes
Online Demo Yes Yes Yes
Online Portfolio Yes Yes Yes
Margin Trading Funding Available Yes Yes Yes
Combined Ledger for Equity and Commodity Yes Yes Yes
Intraday Square-off Time 3:20 PM Yes 3:20 PM
NRI Trading Yes Yes No

Trading Platforms

The trading platforms comparison between Anand Rathi, Angel One, and NJ Wealth reveals significant differences in their offerings. Anand Rathi, Angel One and NJ Wealth provide web trading platforms and mobile trading platforms.

Trading Platforms Anand Rathi Angel One NJ Wealth
Web Trading Platform Yes Yes Yes
Web Trading Detail Anand Rathi Yes NJ Wealth
Mobile Trading Yes Yes Yes
Mobile Trading App Yes Yes Yes
Android Mobile App Yes Yes Yes
Android App Download Yes Yes Yes
iPhone Mobile App (iOS) Yes Yes Yes
iOS App Download Download Yes Download
Android Tablet App Yes Yes Yes
iPad App (iOS) Yes Yes Yes
Trading Software Charges Nil Zero Nil

Broker Ratings

The broker ratings comparison between Anand Rathi, Angel One, and NJ Wealth reveals significant differences in their offerings. Anand Rathi provides 4.2 for Fees Ratings, while Angel One offers 4.4 and NJ Wealth features 4.

Broker Ratings Anand Rathi Angel One NJ Wealth
Fees Ratings 4.2 4.4 4
Trading Brokerage Rating 4.2 4.4 4
Trading Platform Usability 4 4.3 4
Customer Service Ratings 3.9 4.4 4
Overall Ratings 4 4.4 4

Investment Offerings

This comparison between Anand Rathi, Angel One, and NJ Wealth reveals significant differences in their investment offerings. Anand Rathi provides investment offerings in Yes, mutual funds and offers trades in currency and commodities, while Angel One provides investment offerings in Yes, mutual funds and offers trades in currency and commodities and NJ Wealth provides investment offerings in Yes, mutual funds and offers trades in currency and commodities.

Investment Offerings Anand Rathi Angel One NJ Wealth
Equity Cash and F&O Yes Yes Yes
Currency Derivatives Yes Yes Yes
Commodity Yes Yes Yes
Online IPO Application Yes Yes Yes
Mutual Funds Yes Yes Yes
Bond / NCD Yes Yes Yes
ETF Yes Yes Yes
Banking No No No
Insurance No No No
Forex Yes Yes Yes
MF SIP Investment Yes Yes Yes
Equity SIP Investment Yes Yes Yes
PMS Service Yes Yes Yes
Other Investment Options Yes Yes Yes

Customer Support

The comparison between Anand Rathi, Angel One, and NJ Wealth reveals significant differences in their Customer Support. Anand Rathi provides No, while Angel One offers Yes and NJ Wealth features Yes.

Customer Support Anand Rathi Angel One NJ Wealth
24/7 Customer Service No Yes Yes
Email Support Yes Yes Yes
Online Live Chat Yes Yes Yes
Phone Support Yes Yes Yes
Toll Free Number 1800 420 1004 No
Through Branches Yes Yes
Customer Care Number 0291 666 1001 18001020 0261-6155000
Account Opening Process Online/Offline Online/Paperless Online
Customer Support Email [email protected] [email protected]
Knowledge Center / Education https://www.angelone.in/knowledge-center
Head Office Address

Express Zone A Wing 10th Floor, Western Express Highway, Goregaon East, Mumbai – 400063

601, 6th Floor, Ackruti Star,

Central Road, MIDC,

Andheri East, Mumbai – 400093

BLOCK NO.901 & 902, 6TH FLOOR, ‘B’ TOWER, UDHNA UDYOG NAGAR SANGH COMMERCIAL COMPLEX,
CENTRAL ROAD NO. 10, UDHNA, SURAT – 394210, GUJARAT

Website https://anandrathi.com/ https://www.angelone.in/ https://www.njwealth.in/

Research and Reports

The research and reports comparison between Anand Rathi, Angel One, and NJ Wealth reveals significant differences in their offerings.

Research and Reports Anand Rathi Angel One NJ Wealth
Research Mutual Funds Yes Yes Yes
Research Equity Reports Yes Yes Yes
Research ETF Yes Yes Yes
Daily Market Report Yes Yes Yes
Free Tips No No No
Quarterly Result Analysis Yes Yes Yes
News Alerts Yes Yes Yes

Demat Account Charges

This comparison between Anand Rathi, Angel One, and NJ Wealth reveals significant differences in their demat account charges. Anand Rathi provides CDSL & NSDL for DP Source, while Angel One offers CDSL and NJ Wealth features CDSL & NSDL.

Demat Account Charges Anand Rathi Angel One NJ Wealth
DP Source CDSL & NSDL CDSL CDSL & NSDL
DP ID 437-2019 384-2018 CDSL - 64200 | NSDL - IN304262
Demat Account Annual Maintenance Charges (AMC) ₹2950 Lifetime AMC ₹300
Advance Deposit No No No
Transaction Charges on Debit (Per ISIN) Rs 15 Per ISIN [For POA clients]; Rs 25 Per ISIN [For Non POA clients]
Demat Rs 3 per certificate + Rs 35 per request ₹20/-per certificate + ₹50/-for courier charges
Remat Rs 15 for every 100 securities or a Flat fee of Rs 15 per certificate ₹150/- per certificate + courier handling
Pledge Creation 0.01% of value or min Rs 50 per request ₹20 + GST ₹40/- per ISIN
Pledge Creation Confirmation Nil Yes ₹40/- per ISIN
Pledge Closure 0.01% of value or min Rs 50 per request ₹20 + GST ₹40/- per ISIN
Pledge Closure Confirmation Nil Yes ₹40/- per ISIN
Pledge Invocation 0.01% of value or min Rs 50 per request ₹20 + GST ₹40/- per ISIN
Failed Instruction Charges Rs 25 per Instruction - ₹350 for a cheque bounce
Other Charges -

Advantages and Disadvantages

Broker Pros Cons
Anand Rathi
  • Strong Research and Advisory Services
  • Reputation and Trustworthiness
  • Comprehensive Product Portfolio
  • User-Friendly Trading Platforms
  • Offline Support and Network
  • Technology Lags Behind Discount Brokers
  • Not Ideal for Active/Day Traders
  • It can Be Overwhelming for Beginners
  • Relatively Slower Onboarding Process
Angel One
  • User-friendly mobile and web trading platforms
  • Wide range of investment options
  • ARQ Prime offers AI-based investment recommendations
  • Strong research reports and advisory support
  • Reliable customer service
  • Limited advanced tools for professional traders
  • Call & trade facility involves extra charges
  • Margin Funding without explicit notice
  • Lack of GTC/GTT for all orders
NJ Wealth
  • Comprehensive Product Offering
  • Strong Advisor / Distributor Network
  • Flexible Brokerage Structure
  • Complaint Handling Mechanism
  • Reasonable Charges for Certain Services
  • Brokerage on Delivery Trades Can Be High
  • Trading AMC / Maintenance Charges
  • Complex Pricing / Hidden Fees
  • Platform / Technology Limitations
  • Capital Market Segment Deactivation Risk

User Experience: Buying Stocks

Anand Rathi – User Trading Experience

Account Opening Experience: Account opening is fully online with digital KYC, typically activated within 1–3 working days.

Platform & Order Execution: The platform rating is 4/5. Mobile trading app ensures real-time order execution and portfolio tracking.

Brokerage Transparency: Intraday brokerage is 0.02%, and charges are shown before order confirmation.

Advanced Features: Supports algorithmic trading for strategy-based investors. Margin trading facility increases buying power.

Research & IPO: Provides equity research reports. Supports online IPO applications.

Customer Support: Customer service rating is 3.9/5.

Market Presence: Around 149,849 active clients use this broker.

Angel One – User Trading Experience

Account Opening Experience: Account opening is fully online with digital KYC, typically activated within 1–3 working days.

Platform & Order Execution: The platform rating is 4.5/5. Mobile trading app ensures real-time order execution and portfolio tracking.

Brokerage Transparency: Intraday brokerage is ₹20 or 0.03%, and charges are shown before order confirmation.

Advanced Features: Supports algorithmic trading for strategy-based investors. Margin trading facility increases buying power.

Research & IPO: Provides equity research reports. Supports online IPO applications.

Customer Support: Customer service rating is 4.4/5.

Market Presence: Around 3.46 crore active clients use this broker.

NJ Wealth – User Trading Experience

Account Opening Experience: Account opening is fully online with digital KYC, typically activated within 1–3 working days.

Platform & Order Execution: The platform rating is 4/5. Mobile trading app ensures real-time order execution and portfolio tracking.

Brokerage Transparency: Intraday brokerage is 0.01 of Transaction Value, and charges are shown before order confirmation.

Advanced Features: Supports algorithmic trading for strategy-based investors. Margin trading facility increases buying power.

Research & IPO: Provides equity research reports. Supports online IPO applications.

Customer Support: Customer service rating is 4/5.

Market Presence: Around 72000 active clients use this broker.

Frequently Asked Questions

The account opening charges vary significantly: Anand Rathi charges Not specified, Angel One charges Zero, and NJ Wealth charges Not specified. When considering AMC, investors should evaluate the overall cost structure along with the features and services provided by each broker.

Brokerage charges differ across platforms: Anand Rathi offers 0.02% for equity intraday, Angel One provides ₹20 or 0.03%, and NJ Wealth charges 0.01 of Transaction Value. The actual costs may vary based on trading volume, account type, and specific plans offered by each broker.

All three brokers provide diverse investment opportunities: Anand Rathi offers 4, Angel One provides 4, and NJ Wealth features 4. The platforms support equity trading, derivatives, mutual funds, and other financial instruments suitable for different investor profiles.

Customer support quality varies: Anand Rathi has 4 support, Angel One offers 4, and NJ Wealth provides 4. Support channels typically include phone, email, live chat, and branch services, with response times and availability differing between brokers.

Platform usability ratings show: Anand Rathi with 4, Angel One with 4.3, and NJ Wealth with 4. The best interface depends on individual preferences - some users prefer simplicity while others need advanced features and customization options.

Yes, mutual fund and stock investing is available across all platforms: Anand Rathi (Yes), Angel One (Yes), and NJ Wealth (Yes). All three brokers provide comprehensive access to equity markets and mutual fund investments through their respective platforms.

For beginners, the choice depends on specific needs: Anand Rathi offers user-friendly platforms with educational resources, Angel One provides competitive pricing with intuitive interfaces, and NJ Wealth combines ease of use with comprehensive investment options. Beginners should consider factors like ease of account opening, customer support quality, educational content, and platform simplicity when making their decision.

All three brokers offer robust mobile trading apps with different strengths: Anand Rathi focuses on intuitive design and quick execution, Angel One emphasizes advanced charting and analysis tools, while NJ Wealth balances simplicity with comprehensive features. The mobile apps are available for both iOS and Android devices with regular updates and feature enhancements.

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