By TBS Team | March 22, 2024
Arihant Capital Markets Limited is counted among the most reputed financial services companies of India and provides trade & investment services to a large number of clients. Established in the year 1992, Arihant Capital Markets Ltd (Arihant Capital Markets) is a part of Arihant Group. Read Complete Arihant Capital Review to get knowledge about its Brokerage Charges, Trading platforms, Demat account, Margins & more.
The full-service stock broker is a long-standing member of both cash and derivative segment of BSE and NSE. It also operates in currency future market segment and offers demat services, investment banking services, merchant banking, and distribution of financial products like Mutual Funds and IPOs among others.
The stock broker claims to have over 1.35 lac customers through its 750 investment centers spread across 175 cities within India.
Arihant Capital is an active member of BSE, NSE, NCDEX, MCX, and MCX-SX. The stock broker has also developed a strong image in imparting trading education through its insightful training programs.
Some of the best things about Arihant Capital are:
- Competitive pricing with no hidden costs
- Wider selection of investment choices
- Next-gen educational resources and tools
- Access to in-depth, unbiased research
- Powerful trading platforms
- Knowledgeable professional support
Being active member of NSE, BSE, MCX, NCDEX and USE, Arihant Capital enables its clients to perform trade across a range of stock categories including:
- Equity
- Derivative Trading
- Currency Trading
- Commodity Trading
- Depository services
- Mutual Funds
- IPO
- NRI Demat Account
Equities, derivatives, commodities, depository services, currency derivatives, IPOs, mutual fund, online trading, bonds – no matter what investment-related service/product you need, you can get it at Arihant.
Membership Information
The membership details of Arihant Capital are given below.
Process to Open an account at Arihant Capital
There are primarily two ways to open a trading account with Arihant Capital – Online Account Opening and by Visiting Branch Office
1. Online Account Opening (Insta Account)
The quickest and easiest way to open a trading account with Arihant Capital is to open it right on its website. You just need to launch the application wizard, fill in the required details and submit.
One of the advisors will courier it to you as we’ll need the form physically signed by you (mandatory requirement), along with the required documents and account opening cheque.
Steps of Open Insta Account:
- Visit www.arihantcapital.com and click on “Open An Account” link
- Fill in the required details DoB, PAN, and Aadhaar Number.
- Validate your Aadhar information.
- Pay account opening fees.
- Authenticate yourself with Aadhaar OTP verification.
2.Visit Arihant Capital Branch Offices
Arihant Capital enjoys a fabulous presence in over 175 cities across the country. You can visit a branch near to you and complete the account opening process.
Documents needed for account opening
You need to provide the following documents open a trading and demat account:
- PAN Card
- AADHAR Card
- Webcam for Personal Identification
- Cancelled Cheque
- Mobile number linked with AADHAAR
Arihant Capital Account Opening Charges
- Arihant Capital Account Opening Charges (Trading Acct): Rs0
- Arihant Capital AMC Charges (Trading Acct): Rs 0
- Arihant Capital Account Opening Charges (Demat Acct): Rs 0
- Arihant Capital AMC Charges (Demat Acct): Rs 362
Arihant Capital Trading Platforms
The best thing about Arihant Capital is its wide range of trading platforms that are designed in such a way to meet the diverse trading needs of its clients. Let’s get to know about them in detail below.
- Arihant Capital – Invest Ease
Invest Ease by Arihant Capital is actually a browser-based trading platform. A user just needs to login into the application to start trading in stocks. The application is known to have some of the best features such as:
- Availability of real-time market data
- Multiple market watch lists facility with a customizable interface
- Interactive charts with research reports for technical investigation
- Users can transfer funds from over 25 banks
- Different types of orders available for execution, including – Basket, cover, spread, normal etc.
- Hotkeys for quick order execution are there
- Research reports, recommendations and tips readily available within the trading platform
- ARI – Trade Speed
To assist high-frequency stock traders and investors with speedy trading, Arihant Capital has a terminal-based trading platform – Trade Speed. It needs to be downloaded and installed on a computer and primarily meant for high frequency traders who want faster trade execution. ARI Trade Speed is considered one of the most robust trading platforms available in the market today and known to have best features:
- Option to trade in different segments across different exchanges
- Advanced charts with multiple technical indicators
- Clients can place orders aftermarket hours
- Arihant Capital – ARI Mobile App
Ari Mobile is an in-house mobile application developed by Arihant Capital. The application is intended to help traders perform trade on their smartphones without any hassle. Users can trade across multiple segments and exchanges through this app, which can also be used across tablet devices as well. The mobile app comes with the following features:
- The mobile app can update itself based on the internet connection strength
- Multiple Market watch lists can be set and customized as per user preferences
- Users can place trades with a single tap
- Different order types and corresponding status can be viewed in a single screen
Arihant Capital Customer Care
The full-service stock broker features a number of communication channels to its client to deliver customer support:
- Web form assistance
- Phone number
- Offline branches
- FAQs
There is an ample number of communication channels given by the stock broker which means its clients have several options to reach out to the broker’s customer care team. However, the overall service quality by the team is not at all impressive. Whether it is to judge on professionalism or the communication approach during query handling, the broker has several shady points that need immediate attention.
For example, the customer support team needs to have a daily training on professional customer service with a sharp focus on keeping the overall discussion with the end user as smooth as possible.
next, there is one more area that needs to be worked on is the turnaround time (TAT) taken by the staff for query resolution. There must be a well-defined process for TAT evaluation and the end user must be informed consequently.
Arihant Capital Pricing
The brokerage charges and account opening charges by the stock broker are mentioned below.
Account Opening Charges
- Arihant Capital Account Opening Charges (Trading Acct): Rs0
- Arihant Capital AMC Charges (Trading Acct): Rs 0
- Arihant Capital Account Opening Charges (Demat Acct): Rs 0
- Arihant Capital AMC Charges (Demat Acct): Rs 362
Arihant Capital Brokerage Charges
The brokerage charges levied by Arihant Capital are rational. For example, it charges you 0.2% for Equity Delivery trades which actually means ₹200 brokerage for each ₹1,00,000 worth of trade. Though discount stock brokers charge even lower brokerage charges within full-service stockbroking space, 0.2% is definitely one of the lowest.
Disclaimer: This blog is written for educational purpose only. Data, Securities, Advisory and Quotes mentioned here are for guidance only. Doing research by investors itself is highly recommended.