5Paisa Vs Arihant Capital- Relative comparison
Introduction:
Both 5Paisa and Arihant capital are renowned companies in the trading industry. Starting from the demat account opening to the investing process, they do all of these for traders. Whatever, when you intend to invest in the share market, then you have to choose the best option as per your requirement. A detailed, relative study of 5Paisa and Arihant Capital is important to pick better. It will give a clear way to get the best facilities and offerings by the best company.
Different policies, offers, and facilities are provided by each of these organizations. Traders have to choose the better as per their needs. A detailed study can help a;; the traders to do that.
5Paisa is a renowned as discount broker in India. Having the title of ‘Lowest Brokerage of India,’ it has arranged all the investment opportunities into one single roof. On the other hand, Arihant Capital is a full-service broker having its presence in all over India with more than 680 branches.
Importance:
5Paisa:
- The brokerage fee is 20 Rupees flat.
- Brokerage and advice on Mutual Fund are free of cost.
- It offers technologically advanced platforms like robotic technology & artificial intelligence-enabled trading.
- Only with Aadhaar Card paperless account can be opened.
- As other investment options 5Paisa offers a range of insurance products to the investors.
Arihant Capital:
- Provides all available investment options and wealth products.
- Arihant Capital is a commanding name in the commodity broking industry.
- Provides detailed market research reports to all the investors.
- Supports automated trading.
Relative study: On Service Ratings:
Experienced traders share their reviews and experience in different platforms. Those can give a general overview of the company benefits and experience. Based on the Customers review /rating, we can draw this table comparing 5Paisa & Arihant Capital:
| Particulars | 5paisa | Arihant Capital |
| Rating on entire service quality | ☆☆☆☆ | ☆☆☆ |
| Rating: Brokerage Charges | ☆☆☆☆ | ☆☆☆ |
| Rating: Trading Platform | ☆☆☆☆ | ☆☆☆ |
| Rating: Investments Offering | ☆☆☆☆ | ☆☆☆ |
| Rating: Customer Service | ☆☆☆☆ | ☆☆☆ |
| Category | Discount Broker | Full-service Broker |
| Stock Exchange | BSE, NSE | NSE, BSE, MCX-SX, MCX, NCDEX |
Relative Study: On account opening & AMC:
Trading account opening is the basic step of trading. Even, the demat account opening charges are different in these companies. Comparing the data of Account opening charge & AMC we can highlight 5Paisa & Arihant Capital as below.
| Charges | 5paisa | Arihant Capital |
| Opening Fee: Trading Account | 650 Rupees | Free of cost |
| AMC: Trading A/c | Free of cost | Free of cost |
| Opening Fee: Demat Account | Free of cost | Free of cost |
| AMC: Demat | 45 Rupees /Month if Trade, else Zero | 362 Rupees / Annum |
| DP Facility | Available | Available |
Relative Study: Brokerage Plans:
Brokerage plan policies are different in nature. Assessing both 5Paisa & Arihant Capital based on brokerage Plan we have the below-mentioned information:
| Plan Types | 5paisa | Arihant Capital |
| Multiple Plans | NO | YES |
| Monthly Plans | YES | NO |
| Yearly Plans | NO | NO |
Relative Study: Brokerage Charge:
Observing the detailed data on Brokerage Charge we have come to the below-mentioned conclusion. It includes Equity delivery, equity futures, equity options, commodity trading etc.
| Particulars | 5paisa | Arihant Capital |
| Plan Name | Flat Fee INR. 20 Trading Plan | Standard Trading Plan (Percentage Based) |
| Equity Delivery | Flat Fee 20 Rupees | 0.3% or 0.3 Rupees |
| Equity Intraday | Flat Fee 20 Rupees | 0.03% or 0.03 Rupees |
| Equity Futures | Flat Fee 20 Rupees | 0.03% or 0.03 Rupees |
| Equity Options | Flat Fee 20 Rupees | 50 Rupees Per Lot |
| Currency Futures | Flat Fee 20 Rupees | 0.03% or 0.03 Rupees |
| Currency Options | Flat Fee 20 Rupees | 20 Rupees Per Lot |
| Commodity Trading | Flat Fee 20 Rupees | 0.03% or 0.03 Rupees |
| Brokerage (MIN) | Not applicable | ZERO |
| Hidden Charges | Not applicable | Info Not Available |
| Funding | Yes – 18% per annum interest | Info Not Available |
| Call & Trade Charges | 100 Rupees per call(No limit of orders) | Info Not Available |
Relative Study: Order Categories:
Different types of orders are offered by both of these companies. It includes CNC order, MIS order, Cover order, Bracket order etc. Based on the study of order categories we can compare 5Paisa & Arihant Capital as follows:
| Particulars | 5paisa | Arihant Capital |
| CNC Order | YES | YES |
| MIS Order | YES | YES |
| NRML Order | YES | YES |
| Cover Order | YES | NO |
| Bracket Order | YES | NO |
| AMO-After Market Orders | YES | YES |
| GTC-Good Till Cancelled | YES | NO |
Relative Study: Margin/Leverage:
Margin is also an important issue while trading. You have to go through the difference before investing in a particular company. Researching both 5Paisa Margin & Arihant Capital Margin we concluded to these below-mentioned details.
| Particulars | 5paisa | Arihant Capital |
| Equity Delivery Leverage | Up to 3.5x via Margin Funding. | No data available |
| Equity Intraday Leverage | Max 20x leverage for equity. | No data available |
| Futures Leverage | Max 3x leverage (of NRML Leverage) for futures. | No data available |
| Options Leverage | Maximum 3x margin (of NRML Leverage) for options shorting, No leverage for options buying. | No data available |
| Equity CO Leverage | Maximum 33x leverage in CO order for selected equity scripts. | No data available |
| Futures CO Leverage | Maximum 33x leverage (of complete order) in CO order for futures contracts. | No data available |
| Options CO Leverage | No data available | No data available |
| Commodity Leverage | Maximum 20x leverage for commodity. | No data available |
Relative study: Transaction Charge:
Transaction charges like currency, equity delivery and equity options are provided by 5 Paisa and Arihant Capital. Studying 5Paisa and Arihant Capital based on Transactional charge we can get the information as follows.
| Particulars | 5paisa | Arihant Capital |
| Equity: Delivery | 325 Rupees/Cr | 325 Rupees/ Cr |
| Equity: Intraday | 325 Rupees/ Cr | 325 Rupees/ Cr |
| Equity: Futures | 190 Rupees/ Cr | 190 Rupees/ Cr |
| Equity: Options | 5000 Rupees/ Cr | 5000 Rupees/ Cr |
| Currency: Futures | 110 Rupees/ Cr | 110 Rupees/ Cr |
| Currency: Options | 4000 Rupees/ Cr | 4000 Rupees/ Cr |
| Commodity | NA | Non-Agri: 260 Rupees/ Cr Agri: 175 Rupees/ Cr |
Relative Study: Account Specification:
The trading account of the investors gets different account features and specification. Traders have to choose the better option as per your need. Then that might be beneficial for different investors of the Share market. In light of the account specification we can compare 5Paisa & Arihant capital as below.
| List of Features | 5paisa | Arihant Capital |
| 3 in 1 Account facility | ✖ | ✖ |
| Charting facility | ✔ | ✔ |
| Algo Trading facility | ✔ | ✔ |
| SMS Alerts service | ✔ | ✔ |
| Online Demo facility | ✔ | ✔ |
| Online Portfolio facility | ✖ | ✔ |
| Margin Trading Funding Availability | ✔ | ✔ |
| Combined Ledger for Equity and Commodity | ✔ | ✔ |
| Intraday Square-off Time facility | 3:15 PM | 3:15 PM |
| NRI Trading facility | ✖ | ✔ |
Relative Study: Trading Utilities:
Trading utilities are the facilities which provide the facility to the traders to control and monitor their account from different platforms. It includes desktop trading platform, web trading platform, web trading detail etc. Comparing the Trading utilities, we got the below mentioned contrasting data of 5Paisa vs. Arihant Capital.
| List of Trading Utilities | 5paisa | Arihant Capital |
| Desktop Trading Platform | 5paisaTradeStation | Ari-Trade Speed (ODIN Diet)/Arihant NOW |
| Desktop Platform (Windows) | ✔ | ✔ |
| Desktop Platform (Mac) | ✖ | ✖ |
| Web Trading Platform | ✔ | ✔ |
| Web Trading Detail | https://www.5paisa.com/online-trading | https://arihantitrade.com/HTML5/ |
| Mobile Site | ✔ | ✖ |
| Mobile Trading | ✔ | ✔ |
| Mobile Trading App | 5paisa Mobile App | Arihant Mobile |
| Android Mobile App | ✔ | ✔ |
| iPhone Mobile App (IOS) | ✔ | ✔ |
| Android Tablet App | ✔ | ✔ |
| iPad App (IOS) | ✔ | ✔ |
| Trading Software Charges | Free | Info Not Available |
Relative Study on Customer Interaction & Support:
For several trading and account related problems may come to the experienced traders also. Then the customer support system is very important to solve the problem shortly. Studying 5Paisa vs. Arihant Capital we got the below-mentioned details about their customer assistance.
| Customer Service Compare | 5paisa | Arihant Capital |
| 24/7 Customer Service | ✔ | ✖ |
| Email Support | ✔ | ✔ |
| Online Live Chat | ✖ | ✖ |
| Phone Support | ✔ | ✔ |
| Toll-Free Number | ✖ | ✔ |
| Through Branches | ✖ | ✔ |
| Customer Care Number | “+91 89766 89766” | Info Not Available |
| Account Opening Process | Online/Paperless | Info Not Available |
| Customer Support Email | [email protected] | Info Not Available |
| Knowledge Center/Education | 5paisa.com/knowledge-centre | Info Not Available |
| Head Office Address | 5paisa Headquarter Sun Infotech Park, Road No. 16V, Plot No.B-23 Thane Industrial Area, Wagle Estate, Thane – 400604 | Info Not Available |
| Website | www.5paisa.com | Info Not Available |
Conclusion:
This above article has provided us a crystal-clear picture of a comparative study of 5Paisa (One of the biggest discount Broker giant) vs Arihant Capital. All the investors looking for a change or want to start investing got the concepts and learned about the advantages & disadvantages of an individual broker.
