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IDBI Direct Vs Arihant Capital: Which one is better?

Both the brokers are registered with SEBI. IDBI Direct offers investmenet in Equity, F&O and Currency only, where Arihant Capital offers investment in Equity, F&O, Currency and Commodities.. The brokerage of IDBI Direct ranges between 0.02% to 0.20% while the brokerage of Arihant Capital ranges between 0.15%. Both the brokers are Full Service brokers. IDBI Direct is having overall higher rating compare to Arihant Capital. IDBI Direct is rated 3.5 out of 5 where Arihant Capital is rated only 3 out of 5. Number of active customer for IDBI Direct is 55,285 where number of active customer for Arihant Capital is 49,906. IDBI Direct is serving more customer compare to Arihant Capital.

Here we present side-by-side comparison of IDBI Direct vs Arihant Capital share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared IDBI Direct vs Arihant Capital's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Here we present side-by-side comparison of IDBI Direct vs Arihant Capital share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared IDBI Direct vs Arihant Capital's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare IDBI Direct vs Arihant Capital on Service

  IDBI Direct Compare
IDBI Direct
Arihant Capital Compare
Arihant Capital
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Full Service Broker Full Service Broker
Exchanges Supported What is this parameter? NSE, BSE BSE, NSE, MCX, NCDEX
Active Clients 55,285 49,906
Broker Overview Open an integrated 3-in-1 trading account with IDBI Direct to trade in a hassle-free manner. Multiple platforms for trading across devices, stock trading tips, ideas and research reports, NRI trading, and advisory services are the reasons to choose I... Know more about IDBI Direct Arihant Capital is one of the oldest & trusted names in the full-service stockbroking industry in India. Being a one-stop shop for all your trading & investing requirements to offering powerful online trading platforms, expert research-driven...Know more about Arihant Capital
Broker Enquiry Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

Compare IDBI Direct vs Arihant Capital on Trading & Demat Account Opening Charges

Comparison of IDBI Direct with Arihant Capital on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - IDBI Direct charges Rs 350 PA [Free for 1st year] AMC for Demat account where Arihant Capital charges Rs 362 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare IDBI Direct with Arihant Capital
Charges IDBI Direct Arihant Capital
Trading Account Opening Fees Free Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 350 PA [Free for 1st year] Rs 362 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare IDBI Direct vs Arihant Capital on Plan Options

Plans are the most important feature you look when compare IDBI Direct with Arihant Capital. This section compare on high level about type of plans offered by brokers. Multiple Plans - Both the brokers don't have Multiple Plans, brokers offer only single plan.. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare IDBI Direct with Arihant Capital on Plan Options
Plan Types IDBI Direct Arihant Capital
Multiple Plans No No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

  Zerodha Zerodha
Account Opening Request
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Brokerage Charges

Compare IDBI Direct vs Arihant Capital on Brokerage Charges

IDBI Direct Brokerage Plan detail - IDBI Direct Brokerage Plan

Arihant Capital Brokerage Plan detail - Arihant Capital full-service stockbroker charges a percent-based brokerage fee from clients on trading in equity intraday, delivery, futures & options, commodity, and currency segments.

Brokerage Charges - Compare IDBI Direct with Arihant Capital
Brokerage Charges Compare IDBI Direct Arihant Capital
Plan Name Flat Brokerage PLan Standard Trading Plan (Percentage Based)
Equity Delivery 0.20% 0.15%
Equity Intraday 0.02% 0.15%
Equity Futures Flat Rs 15 per order 0.15%
Equity Options Flat Rs 15 per order Rs 15 per lot
Currency Futures Flat Rs 15 per order 0.02%
Currency Options Flat Rs 15 per order Rs 50 per lot
Commodity Trading NA Futures: 0.02%| Options: Rs 20 per lot
Minimum Brokerage Rs 25 per trade or 2.5% of the trade value whichever is lower. NIL
Hidden Charges Info Not Available No
Funding Info Not Available Info Not Available
Call & Trade Charges Free Free
Auto Square off Charges NA Free
Brokerage Calculator Brokerage Calculator for IDBI Direct Brokerage Calculator for Arihant Capital
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Share Broker's Transaction Charges

Compare IDBI Direct vs Arihant Capital on Transaction Charges

Compare IDBI Direct with Arihant Capital on transaction charges and PCM fee by segment.

Transaction Charges - Compare IDBI Direct with Arihant Capital
Transaction Charges Compare IDBI Direct Arihant Capital
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity NA Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for idbicapital Complete Brokerage Plans for arihant-capital
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Account Features

Compare IDBI Direct vs Arihant Capital on Account Features

Compare IDBI Direct with Arihant Capital on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - IDBI Direct offers 3-in-1 account where Arihant Capital offers only 2-in-1 account which includes trading and demat account. Algo Trading - Arihant Capital offers Algo Trading where IDBI Direct doesn't offers Algo Trading. Margin Funding - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - Both broker provides NRI Trading facility.

Account Features - IDBI Direct with Arihant Capital
Account Features Compare IDBI Direct Arihant Capital
3 in 1 Account Yes, IDBI Direct have 3-in-1 accounts. Bank Account, Demat and Trading account. No IDBI Direct have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading No Yes
SMS Alerts Yes Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes Yes
Combined Ledger for Equity and Commodity No Yes
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading Yes Yes
Other Features NIL NIL
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Trading Platform

Compare IDBI Direct vs Arihant Capital on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w IDBI Direct and Arihant Capital. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.

Trading Platform - Compare IDBI Direct with Arihant Capital
Trading Platform Compare IDBI Direct Arihant Capital
Desktop Trading Platform Infinity Odin Diet Platform
Desktop Demo Info Not Available Info Not Available
Desktop Platform (Windows) Yes Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://trade.idbicapital.com/ Aero Web Trading Platform
Web Trading Demo Info Not Available Info Not Available
Mobile Site No No
Mobile Trading Yes Yes
Mobile Trading App IDBI Direct Mobile App Arihant Mobile
Mobile Trading App Demo Info Not Available Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod IDBI Direct Mobile App Download Andriod Arihant Mobile Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS IDBI Direct Mobile App Download iOS Arihant Mobile Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for IDBI Direct Equity Intraday and Delivery Brokerage Calculator for Arihant Capital
Futures Brokerage Calculator Futures Brokerage Calculator for IDBI Direct Futures Brokerage Calculator for Arihant Capital
Options Brokerage Calculator Options Brokerage Calculator for IDBI Direct Options Brokerage Calculator for Arihant Capital
Detail Detail on Trading Platforms for idbicapital Detail on Trading Platforms for arihant-capital

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Broker Ratings by Users

Compare IDBI Direct vs Arihant Capital on User Rating

  IDBI Direct Arihant Capital
  31 Customer Reviews    Rate IDBI Direct 2 Customer Reviews    Rate Arihant Capital
Fees Ratings 3.0 4.0
Trading Brokerage Rating 2.5 4.0
Trading Platform Usability 2.6 4.0
Customer Service Ratings 2.7 4.0
Overall Ratings 2.7 4.0
Broker Rating IDBI Direct is Rated 2.7 / 5 based on 31 customer reviews Arihant Capital is Rated 4.0 / 5 based on 2 customer reviews
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Investment Offerings

Compare IDBI Direct vs Arihant Capital on Investment Offerings

Compare IDBI Direct with Arihant Capital on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Arihant Capital offers trading options in Commodity (MCX) where IDBI Direct doesn't offer. Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - Arihant Capital provides PMS Service where IDBI Direct doesn't offer

Investment Offerings - Compare IDBI Direct with Arihant Capital
Investment Offerings Compare IDBI Direct Arihant Capital
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity No Yes
Online IPO Application Yes No
Mutual Funds Yes Yes
Bond / NCD Yes Yes
ETF Yes Yes
Banking Yes No
Insurance Yes No
Forex No No
MF SIP Investment Yes No
Equity SIP Investment Yes Yes
PMS Service No Yes
Other Investment Options NIL NIL
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Order Types

Compare IDBI Direct vs Arihant Capital on Order Types

Order Type - Compare IDBI Direct with Arihant Capital on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - IDBI Direct provide Cover Orders (CO) where Arihant Capital doesn't offer.Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Both brokers provides Bracket Orders (BO). You can trade in equity and index derivatives using bracket Orders. With the name, it's clear in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get a higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- Both offers Good Till Cancelled (GTC) orders. GTC means you place a buy or sell equity limit order and your order remains in the system until it executed or reaches the specified number of days.

Order Types - Compare IDBI Direct with Arihant Capital
Order Type Compare IDBI Direct Arihant Capital
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes No
Bracket order Yes Yes
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes Yes
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Customer Service Offered

Compare IDBI Direct vs Arihant Capital on Customer Service

Compare IDBI Direct with Arihant Capital on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare IDBI Direct with Arihant Capital
Customer Service Compare IDBI Direct Arihant Capital
24/7 Customer Service IDBI Direct vs Arihant Capital - 24x7 customer support No No
Email Support IDBI Direct vs Arihant Capital - Email Support Yes Yes
Onine Live Chat IDBI Direct vs Arihant Capital - Onine Live Chat No No
Phone Support IDBI Direct vs Arihant Capital - Phone Support Yes Yes
Toll Free Number IDBI Direct vs Arihant Capital - Toll Free Number Yes Yes
Through Branches IDBI Direct vs Arihant Capital - Through Branches Yes Yes
Customer Care Number IDBI Direct vs Arihant Capital - Customer Care Number 022-3913 5001 0731-4217003/022 68836660
Account Opening Process IDBI Direct vs Arihant Capital - Account Opening Process Info Not Available Paperless
Customer Support Email IDBI Direct vs Arihant Capital - Customer Support Email [email protected] [email protected]
Knowledge Center/Education IDBI Direct vs Arihant Capital - Knowledge Center/Education Info Not Available https://support.arihantcapital.com/support/solutions
Head Office Address IDBI Direct vs Arihant Capital - Head Office Address/Corporate Address Info Not Available Info Not Available
Website IDBI Direct vs Arihant Capital - Company Website https://www.idbidirect.in/ https://www.arihantcapital.com/
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Tips/Research/Reports Published

Compare IDBI Direct vs Arihant Capital on Research Reports, Tips

Compare IDBI Direct with Arihant Capital on research reports and tips provided by the broker.

Research Reports - Compare IDBI Direct with Arihant Capital
  IDBI Direct Arihant Capital
Research Mutual Funds IDBI Direct vs Arihant Capital - Research Mutual Funds Yes Yes
Research Equity Reports IDBI Direct vs Arihant Capital - Research Equity Reports Yes Yes
Research ETF IDBI Direct vs Arihant Capital - Research ETF Yes Yes
Daily Market Report IDBI Direct vs Arihant Capital - Daily Market Report Yes Yes
Free Tips IDBI Direct vs Arihant Capital - Free Tips Yes Yes
Quarterly Result Analysis IDBI Direct vs Arihant Capital - Quarterly Results Yes Yes
News Alerts IDBI Direct vs Arihant Capital - Yes Yes
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Demat Account

Compare IDBI Direct vs Arihant Capital on Demat Account

Compare IDBI Direct with Arihant Capital on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for Arihant Capital is ₹362 pa where for IDBI Direct is ₹350 pa.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for IDBI Direct is 0.04% of transaction value or ₹30 whichever is higher + CDSL charges where for Arihant Capital is 0.04% of transaction value or ₹19 per transaction (whichever is higher).You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare IDBI Direct with Arihant Capital
  IDBI Direct Arihant Capital
DP Source CDSL CDSL
DP ID IDBI Direct vs Arihant Capital - DP ID No NSDL - IN-
Demat Account Annual Maintenance Charges(AMC) ₹350 pa ₹362 pa
Advance Deposit NO Nil
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) 0.04% of transaction value or ₹30 whichever is higher + CDSL charges 0.04% of transaction value or ₹19 per transaction (whichever is higher)
Demat ₹5 per certificate + ₹30 courier charges ₹10 per certificate (Min ₹50) + ₹50 courier charges
Remat ₹20 for every hundred securities or ₹20 per certificate (whichever is higher) + ₹25 courier charges ₹20 for every hundred securities
Pledge Creation 0.05% of transaction value or ₹50 whichever is higher 0.04% (Min ₹50)
Pledge Creation Confirmation Nil Nil
Pledge Closure 0.0002% of transaction value or ₹25 whichever is higher 0.04% (Min ₹50)
Pledge Closure Confirmation 0.0002% of transaction value or ₹25 whichever is higher Nil
Pledge Invocation 0.0015% of transaction value or ₹25 whichever is higher 0.04% (Min ₹50)
Failed Instruction Charges Nil Nil
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare IDBI Direct vs Arihant Capital on Special Offers and Promotion

Compare IDBI Direct with Arihant Capital on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare IDBI Direct vs Arihant Capital on Special Offers and Promotion
  IDBI Direct Arihant Capital
Pay In and Pay Out Options IDBI Direct vs Arihant Capital - Pay In and Pay Out Options Info Not Available Info Not Available
Payout Time IDBI Direct vs Arihant Capital - Payout Time Info Not Available Info Not Available
Bank Supported and Charges IDBI Direct vs Arihant Capital - Bank Supported and Charges Info Not Available Info Not Available
Bank Detail Info Not Available Info Not Available
Likes
  • 3-in-1 account opening.
  • Zero brokerage for the first 3 months.
  • Zero AMC for the first year.
  • Competitive brokerage
  • Paperless investment in mutual funds.
  • Equity SIP facility in shares (Amount based SIP and quantity-based SIP).
  • Leverage/margin trading with E-margin.
  • Encash – BSE feature to instantly get sale proceeds.
  • Dealer-assisted trading and free call & trade
  • Place aftermarket order, bracket order, and cover order.
  • Place Good Till Date (GTD)
  • Buy today Sell Tomorrow (BTST)

Detail Review...

  • Zero account opening charges.
  • Open an Instant paperless account.
  • Web, app, and desktop-based platforms to trade across devices.
  • Sector, company, derivative, technical, IPO, and mutual fund research.
  • WealthBaskets: Research-backed portfolio recommendations & advisory on WealthDesk.
  • Instant fund transfer for free.
  • Zero Debt Company.
  • Place Good-till-triggered (GTD) order, after market order, basket order, bracket order, etc.
  • Start Equity SIP and margin trading facility (MTF)

Detail Review...

Dislikes
  • Does not offer commodity trading.
  • The user interface of the trading platforms can be improved.
  • Customer service needs a lot of improvement.

Detail Review...

  • No 3-in-1 account offering.
  • High brokerage than discount brokers.
  • Poor customer support.
  • Does not offer direct mutual funds.

Detail Review...

Special Offers/Promo
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Last Updated on 2023-08-21T03:25:00+00:00