I have very bad experience with anand rathi securities. I am opened account with anand rathi when they opened branch in shimoga. I was introduced by ex employee of geogit as given good service in geogit I opened account with them. He is working as manager in anandrathi. He contacted me telling invest in anandrathi free account opening with life time free demat and invest bulk amount we trade my behalf and get 20% return yearly on my investment. I invested 5 lacks. I loose money week after week small amount 2000 or 1000 deducting profit but it not traded by us. All as per company advice and around 2 years I see statement their also demat charges charged to my account. The person who introduced was left company. So finally I closed account I get Rs. 322000 loss Rs.178000 because account opened anandrathi in 2 years. So beware of your money before investing. Otherwise bank investment is safe and better.