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HDFC Sky Vs Arihant Capital: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of HDFC Sky Max Rs 20 per trade while the brokerage of Arihant Capital ranges between 0.15%. HDFC Sky is a Discount Broker where Arihant Capital is a Full Service Broker. HDFC Sky is having overall higher rating compare to Arihant Capital. HDFC Sky is rated 4 out of 5 where Arihant Capital is rated only 3 out of 5. Number of active customer for HDFC Sky is 10,88,561 where number of active customer for Arihant Capital is 49,906. HDFC Sky is serving more customer compare to Arihant Capital.

Here we present side-by-side comparison of HDFC Sky 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 HDFC Sky 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 HDFC Sky 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 HDFC Sky 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 HDFC Sky vs Arihant Capital on Service

  HDFC Sky Compare
HDFC Sky
Arihant Capital Compare
Arihant Capital
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Full Service Broker
Exchanges Supported What is this parameter? NSE, BSE, MCX BSE, NSE, MCX, NCDEX
Active Clients 10,88,561 49,906
Broker Overview HDFC Sky is the only bank-based discount stock broker in India. Free demat and trading account opening, Rs 20/order maximum brokerage charges across all segments, simple yet elegant user interface enabled HDFC Sky mobile app, and free research & advi... Know more about HDFC Sky 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 HDFC Sky vs Arihant Capital on Trading & Demat Account Opening Charges

Comparison of HDFC Sky 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 - HDFC Sky charges Rs 240 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 HDFC Sky with Arihant Capital
Charges HDFC Sky Arihant Capital
Trading Account Opening Fees Free Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Rs 240 PA (Free for 1st year) Rs 362 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare HDFC Sky vs Arihant Capital on Plan Options

Plans are the most important feature you look when compare HDFC Sky 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 HDFC Sky with Arihant Capital on Plan Options
Plan Types HDFC Sky 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 HDFC Sky vs Arihant Capital on Brokerage Charges

HDFC Sky Brokerage Plan detail - HDFC Sky follows a fixed pricing model that charges a maximum of Rs 20 per order brokerage fee across segments.

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 HDFC Sky with Arihant Capital
Brokerage Charges Compare HDFC Sky Arihant Capital
Plan Name Fixed pricing model Standard Trading Plan (Percentage Based)
Equity Delivery 0.1% or Rs 20 whichever is lower 0.15%
Equity Intraday 0.1% or Rs 20 whichever is lower 0.15%
Equity Futures 0.1% or Rs 20 whichever is lower 0.15%
Equity Options Flat Fee Rs 20 Rs 15 per lot
Currency Futures 0.1% or Rs 20 whichever is lower 0.02%
Currency Options Flat Fee Rs 20 Rs 50 per lot
Commodity Trading Flat Fee Rs 20 Futures: 0.02%| Options: Rs 20 per lot
Minimum Brokerage NIL NIL
Hidden Charges No No
Funding Yes - 12% interest PA Info Not Available
Call & Trade Charges Rs 20 per call Free
Auto Square off Charges 0.1% or Rs 20 whichever is lower Free
Brokerage Calculator Brokerage Calculator for HDFC Sky Brokerage Calculator for Arihant Capital
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Share Broker's Transaction Charges

Compare HDFC Sky vs Arihant Capital on Transaction Charges

Compare HDFC Sky with Arihant Capital on transaction charges and PCM fee by segment.

Transaction Charges - Compare HDFC Sky with Arihant Capital
Transaction Charges Compare HDFC Sky 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 hdfc-sky Complete Brokerage Plans for arihant-capital
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Account Features

Compare HDFC Sky vs Arihant Capital on Account Features

Compare HDFC Sky with Arihant Capital on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - HDFC Sky 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 HDFC Sky 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 - HDFC Sky with Arihant Capital
Account Features Compare HDFC Sky Arihant Capital
3 in 1 Account Yes, HDFC Sky have 3-in-1 accounts. Bank Account, Demat and Trading account. No HDFC Sky 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 Yes Yes
Intraday Square-off Time 3:15PM 3:15PM
NRI Trading Yes Yes
Other Features NIL NIL
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Trading Platform

Compare HDFC Sky vs Arihant Capital on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w HDFC Sky 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 HDFC Sky with Arihant Capital
Trading Platform Compare HDFC Sky Arihant Capital
Desktop Trading Platform HDFC Sky Odin Diet Platform
Desktop Demo Desktop Demo Info Not Available
Desktop Platform (Windows) No Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://hdfcsky.com/ Aero Web Trading Platform
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site Yes No
Mobile Trading Yes Yes
Mobile Trading App HDFC Sky App Arihant Mobile
Mobile Trading App Demo HDFC Sky App Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod HDFC Sky App Download Andriod Arihant Mobile Download
iPhone Mobile App (IOS) No Yes
iOS App Download iOS HDFC Sky 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 HDFC Sky Equity Intraday and Delivery Brokerage Calculator for Arihant Capital
Futures Brokerage Calculator Futures Brokerage Calculator for HDFC Sky Futures Brokerage Calculator for Arihant Capital
Options Brokerage Calculator Options Brokerage Calculator for HDFC Sky Options Brokerage Calculator for Arihant Capital
Detail Detail on Trading Platforms for hdfc-sky Detail on Trading Platforms for arihant-capital

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Broker Ratings by Users

Compare HDFC Sky vs Arihant Capital on User Rating

  HDFC Sky Arihant Capital
  97 Customer Reviews    Rate HDFC Sky 2 Customer Reviews    Rate Arihant Capital
Fees Ratings 2.4 4.0
Trading Brokerage Rating 2.1 4.0
Trading Platform Usability 2.9 4.0
Customer Service Ratings 2.8 4.0
Overall Ratings 2.4 4.0
Broker Rating HDFC Sky is Rated 2.4 / 5 based on 97 customer reviews Arihant Capital is Rated 4.0 / 5 based on 2 customer reviews
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Investment Offerings

Compare HDFC Sky vs Arihant Capital on Investment Offerings

Compare HDFC Sky 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 - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - Both broker offers online mutual fund investment option. Portfolio Management Services (PMS) - Arihant Capital provides PMS Service where HDFC Sky doesn't offer

Investment Offerings - Compare HDFC Sky with Arihant Capital
Investment Offerings Compare HDFC Sky Arihant Capital
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application Yes No
Mutual Funds Yes Yes
Bond / NCD Yes Yes
ETF Yes Yes
Banking Yes No
Insurance No 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 HDFC Sky vs Arihant Capital on Order Types

Order Type - Compare HDFC Sky 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) - HDFC Sky 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)- Arihant Capital offers After market orders where HDFC Sky doesn't offers AMO. 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 HDFC Sky with Arihant Capital
Order Type Compare HDFC Sky 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 No Yes
GTC-Good Till Cancelled Yes Yes
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Customer Service Offered

Compare HDFC Sky vs Arihant Capital on Customer Service

Compare HDFC Sky 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 HDFC Sky with Arihant Capital
Customer Service Compare HDFC Sky Arihant Capital
24/7 Customer Service HDFC Sky vs Arihant Capital - 24x7 customer support No No
Email Support HDFC Sky vs Arihant Capital - Email Support Yes Yes
Onine Live Chat HDFC Sky vs Arihant Capital - Onine Live Chat No No
Phone Support HDFC Sky vs Arihant Capital - Phone Support Yes Yes
Toll Free Number HDFC Sky vs Arihant Capital - Toll Free Number No Yes
Through Branches HDFC Sky vs Arihant Capital - Through Branches Yes Yes
Customer Care Number HDFC Sky vs Arihant Capital - Customer Care Number 1800 121 2109 0731-4217003/022 68836660
Account Opening Process HDFC Sky vs Arihant Capital - Account Opening Process Online Paperless
Customer Support Email HDFC Sky vs Arihant Capital - Customer Support Email [email protected] [email protected]
Knowledge Center/Education HDFC Sky vs Arihant Capital - Knowledge Center/Education https://hdfcsky.com/learn https://support.arihantcapital.com/support/solutions
Head Office Address HDFC Sky vs Arihant Capital - Head Office Address/Corporate Address LODHAI-I THINK TECHNO CAMPUS BLDG-ALPHA,
8 FLR, NEAR KANJURMARG RLYSTN,
KANJURMARG,
MUMBAI-MH-400042
Info Not Available
Website HDFC Sky vs Arihant Capital - Company Website https://hdfcsky.com/ https://www.arihantcapital.com/
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Tips/Research/Reports Published

Compare HDFC Sky vs Arihant Capital on Research Reports, Tips

Compare HDFC Sky with Arihant Capital on research reports and tips provided by the broker.

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

Compare HDFC Sky vs Arihant Capital on Demat Account

Compare HDFC Sky 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 HDFC Sky is ₹750 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 HDFC Sky is 0.04% (Min ₹20) + 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 HDFC Sky with Arihant Capital
  HDFC Sky Arihant Capital
DP Source CDSL CDSL
DP ID HDFC Sky vs Arihant Capital - DP ID CDSL: 1209 NSDL - IN-
Demat Account Annual Maintenance Charges(AMC) ₹750 pa ₹362 pa
Advance Deposit Customer having only Depository relationship with the Bank has to pay an advance fee of Rs.7,500/- Nil
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) 0.04% (Min ₹20) + CDSL charges 0.04% of transaction value or ₹19 per transaction (whichever is higher)
Demat ₹5 per certificate + ₹35 request charges ₹10 per certificate (Min ₹50) + ₹50 courier charges
Remat ₹30 ₹20 for every hundred securities
Pledge Creation Nil 0.04% (Min ₹50)
Pledge Creation Confirmation 0.04% of transaction value (Min ₹40) Nil
Pledge Closure Nil 0.04% (Min ₹50)
Pledge Closure Confirmation 0.04% of transaction value (Min ₹40) Nil
Pledge Invocation 0.04% of transaction value (Min ₹40) 0.04% (Min ₹50)
Failed Instruction Charges Nil Nil
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare HDFC Sky vs Arihant Capital on Special Offers and Promotion

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

Compare HDFC Sky vs Arihant Capital on Special Offers and Promotion
  HDFC Sky Arihant Capital
Pay In and Pay Out Options HDFC Sky vs Arihant Capital - Pay In and Pay Out Options Pay-in/adding funds - Cheque, Online Bank Transfer from HDFC Bank.
Pay-out/Fund Withdrawal - Bank Transfer only.
Info Not Available
Payout Time HDFC Sky vs Arihant Capital - Payout Time Instant to HDFC Bank. Info Not Available
Bank Supported and Charges HDFC Sky vs Arihant Capital - Bank Supported and Charges Info Not Available Info Not Available
Bank Detail Direct from your HDFC bank account. Info Not Available
Likes

Want to know why to trade with HDFC Sky, here are the promising reasons;

  • Instant paperless account opening
  • Zero account opening charges and no maintenance fee for 1st year
  • Invest in equity, F&O, currencies, and commodities
  • Invest in 2000+ mutual funds from 29+ fund houses
  • Lowest brokerage fee of Rs 20/order
  • Zero commission mutual fund investment.
  • Invest in expert-recommended mutual fund schemes.
  • Global market investment in US stocks and ETFs
  • Stacks: Expert-curated basket of US Stocks and ETFs
  • Trade on HDFC Sky app or web as per your convenience
  • Place advance orders like basket orders, bracket order, cover order, and GTT order.
  • Free research reports and daily trading calls or tips.
  • Learning platform for newbies to experts
  • No minimum balance commitments
  • No hidden charges

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
  • Delivery trading is not free while Zerodha offers free delivery trading
  • Desktop trading software is not available
  • Direct mutual funds are not offered.

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
Enquiry Open Zerodha Account Now>> Open Zerodha Account Now>>

Last Updated on 2023-11-09T03:39:28+00:00