Arihant Capital Vs HDFC Securities
| |Arihant Capital Vs HDFC Securities comparison here talks about the differences between these two stockbrokers in terms of multiple aspects.
If you are looking to choose one of the brokers for your stock market trading, this comparison article will assist you in making that decision.
Here are the details:
Arihant Capital Vs HDFC Securities Comparison
Here is a point by point comparison of Arihant Capital Vs HDFC Securities.
HDFC Securities is the equity trading arm of HDFC Bank. It was founded in the year 2000 as a joint venture between HDFC Limited, HDFC Bank Limited and IndOcean E-Securities Holding limited.
Arihant Capital is a mainstream full-service stockbroker established as early as 1992 and today, it has a presence in more than 700 branches across India. They have reasonable pricing and at the same time, offer trading education for beginners and small investors.
Full-service brokers such as Arihant Capital or HDFC Securities 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.
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 or HDFC Securities 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
Arihant Capital Vs HDFC Securities Compare
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 stockbroking firms.
We hope this article helps you to understand which of the two brokers is better for your needs.
Arihant Capital Review | HDFC Securities Review | |
OVERVIEW | ||
Broker Type | Full Service Broker | Full Service Broker |
Incorporated In the Year | 1992 | 2000 |
Number of branches across India | 700 | 250 |
Exchanges | NSE, BSE, NCDEX, MCX and MCX-SX | BSE, NSE |
ACCOUNT CHARGES | ||
Trading Account Opening Charges | ₹0 | ₹999 |
Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
Demat Account Opening Charges | ₹0 | ₹0 |
Demat Account Annual Maintenance Charges | ₹362 | ₹750 |
Transaction Charges | Arihant Capital Transaction Charges | HDFC Securities Transaction Charges |
BROKERAGE | ||
Equity Delivery | 0.2% | 0.5% or INR 25 whichever is higher |
Intraday Delivery | 0.03% | 0.1% |
Equity Futures | 0.03% | 0.05% or INR 25 whichever is higher |
Equity Options | ₹10 per lot | INR 100 per lot |
Currency Futures | 0.03% | INR 23 per contract |
Currency Options | ₹10 per lot | INR 20 per contract |
Commodity | 0.07% | NA |
Brokerage Calculator | Arihant Capital Brokerage Calculator | HDFC Securities Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | Upto 10 times Intraday, Upto 4 times delivery | Upto 20 Times for Intraday & 2 Times for Delivery |
Equity Futures | Upto 3 times for Intraday | NA for Intraday |
Equity Options | Buying no Leverage, shorting upto 3 times for Intraday | NA for Intraday |
Currency Futures | Upto 2 times for Intraday | NA for Intraday |
Currency Options | Buying no Leverage, shorting upto 2 times for Intraday | NA for Intraday |
Commodities | Upto 3 times for Intraday | NA |
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) | Invest Ease, Ari-Trade Speed, Ari Mobile | Blink |
Total BSE+NSE Complaints | 30 | 88 |
OVERALL RATING | ||
*NSE Complaints Percentage: Lower is this number, Better is the broker.
Before we complete this comparison, we think one quick understanding of brokerage charges is important.
Full-service stockbrokers charge brokerage as a percentage of your trading turnover. For instance, if you place a trade of ₹10,000 for Equity delivery and your broker charges 0.4% or 40 paise as brokerage.
This would mean, you will be charged 0.40% of ₹10,000 i.e. ₹40 as the brokerage for that particular trade.
Here is a brokerage calculator for your reference.
Also, check out some of the other stockbroker comparisons you might be interested in.
Have you in the past or are currently trading with any of the above stockbrokers? If yes, would you like to share your experience(s) with Arihant Capital Vs HDFC Securities for the benefits of other readers?
Please feel free to share in the comments below.
Finally, if you would like to get started with stock market trading or investments in general with a trading and demat account, let us assist you in taking the next steps forward: