Arihant Capital Vs Zerodha
| |Arihant Capital Vs Zerodha comparison brings direct values each stockbroker brings to its clients and at the same time, talks about the aspects where a particular broker fails against client expectations.
We will talk at length in this detailed review for your reference.
Arihant Capital Vs Zerodha Comparison
Here is a point by point comparison of Arihant Capital Vs Zerodha.
Arihant Capital is a mainstream full-service stockbroker established as early as 1992 and today, it has a 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.
Zerodha is also one of the leading discount brokers in India which was founded in 2010. Zerodha has been there in the market for a while and understands the concept of discount broking and how it helps traders. It is one of the very few stockbrokers that provides reasonable values across trading platforms, customer education and low brokerage.
The broker is based out of Bangalore.
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 Zerodha 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 Zerodha 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 Zerodha Details
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.
This is how both these stockbrokers stack up against each other:
Zerodha Review | Arihant Capital Review | |
OVERVIEW | ||
Broker Type | Discount Broker | Full Service Broker |
Incorporated In the Year | 2010 | 1992 |
Number of branches across India | 11 | 700 |
Exchanges | BSE, NSE, MCX, MCX-SX | BSE, NSE, MCX, MCX-SX, NCDEX |
ACCOUNT CHARGES | NSE, BSE, MCX-SX | |
Trading Account Opening Charges | ₹200 (₹300 if you want to Zerodha to courier account opening forms) | ₹0 |
Trading Account Annual Maintenance Charges | ₹0 | ₹0 |
Demat Account Opening Charges | ₹100 | ₹0 |
Demat Account Annual Maintenance Charges | ₹300 | ₹362 |
Transaction Charges | Zerodha Transaction Charges | Arihant Capital Transaction Charges |
BROKERAGE | ||
Equity Delivery | ₹0 | 0.2% |
Intraday Delivery | 0.01% or ₹20 per trade whichever is lower | 0.03% |
Equity Futures | 0.01% or ₹20 per trade whichever is lower | 0.03% |
Equity Options | 0.01% or ₹20 per trade whichever is lower | ₹10 per lot |
Currency Futures | 0.01% or ₹20 per trade whichever is lower | 0.03% |
Currency Options | 0.01% or ₹20 per trade whichever is lower | ₹10 per lot |
Commodity | 0.01% or ₹20 per trade whichever is lower | 0.07% |
Calculate Brokerage | Zerodha Brokerage Calculator | Arihant Capital Brokerage Calculator |
EXPOSURE OR LEVERAGE | ||
Equity | Upto 5 times for Intraday | Upto 10 times Intraday, Upto 4 times delivery |
Equity Futures | Upto 5 times to 20 times for Intraday | Upto 3 times for Intraday |
Equity Options | Upto 5 times to 20 times for Intraday | Buying no Leverage, shorting upto 3 times for Intraday |
Currency Futures | Upto 5 times for Intraday | Upto 2 times for Intraday |
Currency Options | Upto 5 times for Intraday | Buying no Leverage, shorting upto 2 times for Intraday |
Commodities | Upto 5 times for Intraday | Upto 3 times for Intraday |
Margin | Zerodha Margin | |
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 | ||
Customer Care | Zerodha Customer Care | |
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) | Zerodha Pi, Zerodha Kite, Zerodha Kite Mobile App, NEST Trader | Invest Ease, Ari-Trade Speed, Ari Mobile |
Complaint Percentage of Active Clients | 0.02% | 0.02% |
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.
Discount brokers, on the other hand, charge a flat rate brokerage (could be ₹10, ₹20 etc) irrespective of the trade value.
Make sure you understand this difference and then take a call. 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 Zerodha for the benefits of other readers?
Please feel free to share in the comments below.
Furthermore, in case you are looking to get started with stock market trading or investments in general, let us assist you in taking the next steps forward.