Arihant Capital Vs Fyers – Share Brokers Detailed Comparison
Arihant Capital Vs Fyers
Here is a point by point comparison of Arihant Capital Vs Fyers. Arihant Capital is a mainstream full service stock broker established as early as 1992 and today, it has presence it more than 700 branches across India. They have reasonable pricing and at the same time, offer trading education for beginners and small investors. FYERS is a discount broker but launched recently in April 2015. It stands for “Focus Your Energy & Reform the Self” and is known for its advanced trading platforms with different unique features.
Full service brokers such as Arihant Capital will help you, spoon feed you, hand hold you through the process, even if you need an offline help, meet someone, talk to somebody and so on. Discount brokers such as Fyers offer trading services at much cheaper brokerage rates and reasonable customer service. Choosing between the two depends on your preferences, your online appetite, your understanding of the stock market and so on.
To make things easy for you, we have listed out the comparison between Arihant Capital Vs Fyers to help you find which of the two suits your needs better. The comparison is made on aspects such as:
- Company Overview
- Account Opening Charges
- Brokerage
- Exposure or Leverages
- Research
- Trading Platforms
- Other Features
Generally above mentioned aspects are good enough to make a decision based on your preferences, but feel free to let us know what more areas you would like us to cover. Most of the content has been vetted by the corresponding stock broking firms. We hope this article helps you to understand which of the two brokers is better for your needs.
Comparison
Fyers Review | Arihant Capital Review | |
OVERVIEW | ||
Broker Type | Discount Broker | Full Service Broker |
Incorporated In the Year | 2015 | 1992 |
Number of branches across India | 1 | 700 |
Exchanges | BSE, NSE | NSE, BSE, NCDEX, MCX and MCX-SX |
ACCOUNT CHARGES | ||
Trading Account Opening Charges | ₹0 | ₹0 |
Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
Demat Account Opening Charges | ₹0 | ₹0 |
Demat Account Annual Maintenance Charges | ₹400 | ₹362 |
Transaction Charges | Fyers Transaction Charges | Arihant Capital Transaction Charges |
BROKERAGE | ||
Equity Delivery | ₹20 per executed order | 0.2% |
Intraday Delivery | ₹20 per executed order | 0.03% |
Equity Futures | ₹20 per executed order | 0.03% |
Equity Options | ₹20 per executed order | ₹10 per lot |
Currency Futures | ₹20 per executed order | 0.03% |
Currency Options | ₹20 per executed order | ₹10 per lot |
Commodity | NA | 0.07% |
Brokerage Calculator | Fyers Brokerage Calculator | Arihant Capital Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | Upto 15 times for Intraday, 3 to 5 times for Delivery | Upto 10 times Intraday, Upto 4 times delivery |
Equity Futures | Upto 5 times | Upto 3 times for Intraday |
Equity Options | Upto 5 times | Buying no Leverage, shorting upto 3 times for Intraday |
Currency Futures | Upto 5 times | Upto 2 times for Intraday |
Currency Options | Upto 5 times | Buying no Leverage, shorting upto 2 times for Intraday |
Commodities | NA | Upto 3 times for Intraday |
RESEARCH | ||
Daily Market Reports | ||
Tips/Recommendations | ||
Quarterly Analysis | ||
News Alerts | ||
TRADING SEGMENTS | ||
Equity | ||
Mutual Funds | ||
IPOs | ||
Currency | ||
Commodity | ||
CUSTOMER SERVICE OPTIONS | ||
Email Support | ||
Live Chat | ||
Phone | ||
Toll Free Number | ||
Offline Branches | ||
FEATURES | ||
Mobile Trading | ||
Orders Accepted After Trading Hours | ||
Charting | ||
SMS Alerts | ||
Robo Advisory | ||
Automated Trading | ||
Market Tips | ||
Margin Funding | ||
Relationship Managers | ||
3 in 1 Account | ||
Trading Platform(s) | FYERS One, FYERS Markets, FYERS Web Trader | Invest Ease, Ari-Trade Speed, Ari Mobile |
Total BSE+NSE Complaints | 38 | 30 |
OVERALL RATING | ||
Have you in the past or are currently trading with any of the above stock brokers? If yes, would you like to share your experience(s) with Arihant Capital Vs Fyers for the benefits of other readers. Please feel free to share in the comments below.
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for fyers u have a risk to sign on a mandate form for ecs/nach payment to pay for amc charges . so it can have acces direct to ur trading account . after u close the account the ecs may continue ,otherwise they are good