Upstox Vs Arihant Capital – Comparison Online

Upstox Vs Arihant Capital – Comparison:

Comparing Upstox vs Arihant Capital in terms of all product-wise details which are essential for every investor we get the detailed study.  In this comparative assessment, we focused on the advantages and disadvantages of both the broker for the knowledge of investors.

Upstox is a discount brokerage firm established in 2009 at Mumbai. Formerly it was known as RKSV Securities. This organization is known for its range of trading platform offerings and a wide range of products and services. 

Full-service broking organization Arihant Capital started its journey in 1992 in a relationship with NSE & BSE. It facilitates trading in equity, commodity, and forex with its tech-oriented trading platform. Currently, they are having more than 150 branches around different cities in India. 

Notable Features:

Upstox: 

  1. Zero brokerage fee on equity delivery trading
  2. Flat fee-based brokerage fee structure.
  3. Trading Account AMC is free of cost.
  4. Don’t trade in the commodity, mutual funds, forex, SIP & insurance. 
  5. Margin Money not required. 

Arihant Capital: 

  1. Offers all possible resource possibilities and capital products. 
  2. Focused on facilitating commodity trading. 
  3. Minimum brokerage on trading – INR. 20/- 
  4. Facilitate investors to transfer funds to 25 banks. 
  5. Provisions automated trading. 
Upstox Vs Arihant Capital Comparison

Overall Broker Details: 

Comparing Upstox vs Arihant Capital based on overall customer service we derived the below-mentioned details. Here we have compared both the brokers considering the type of organization, broker type, originated location, establishment year & name of the founder.

OverviewUpstoxArihant Capital
Organization TypePrivatePublic
Broker CategoryDiscount BrokerFull-Service Broker
Originated fromMumbai, IndiaMumbai, Maharashtra
FounderRaghu Kumar,
Ravi Kumar &
Shrinivas Vishvanath
Ashok Kumar Jain
Commencement Year20091992

Comparison on Customer Ratings: 

Comparing Upstox vs Arihant Capital based on Customer Ratings we get this information. Here we can see that in terms of experience & research-advisory Arihant Capital is better than Upstox. Whereas, in terms of product-services, Brokerage Charge & trading platform Upstox is leading the chart.

Customer RatingsUpstoxArihant Capital
Experience5.3 out of 106.2 out of 10
Products & Services6.5 out of 106.5 out of 10
Brokerage Charges & Fees9.5 out of 106.1 out of 10
Stock Research & Advisory3.0 out of 106.5 out of 10
Trading Platforms6.5 out of 106.2 out of 10
Overall Ratings6.2 out of 106.3 out of 10
Star Ratings★★★☆☆★★★☆☆

Upstox Vs Arihant Capital AOC & AMC:

Here we have compared Upstox vs Arihant Capital based on account opening charge & account maintenance charge. Here we can see from the below contrast that Upstox provides free AMC on trading. While Arihant Capital provides free account opening and free trading AMC.

DEMAT ServicesUpstoxArihant Capital
Depository SourceCDSLCDSL & NSDL
Account Opening ChargesRs.150Free
DEMAT AMC ChargesRs.150 per AnnumRs.362 per Annum
Trading AMC ChargesFreeFree
Margin MoneyZeroRs.10,000
Offline to Online

Compare Brokerage Charge: 

Contrasting Upstox vs Arihant Capital based on Brokerage Charge we get the below details. Here we can see that Arihant Capital offers a percentage based brokerage charge structure. While Upstox offers a flat fee-based brokerage plan. Both brokers charge a minimum brokerage charge of INR. 20 per executed order.

Brokerage Charge & FeesUpstox BrokerageArihant Capital Brokerage
Equity Delivery TradingZero0.20%
Equity Intraday TradingRs.200.03%
Commodity Options TradingRs.20NA
Equity Futures TradingRs.200.02%
Equity Options TradingRs.20 per lotRs.10 per lot
Currency Futures TradingRs.200.02%
Currency Options TradingRs.20 per lotRs.10 per lot
Minimum BrokerageRs.20Rs.20 per executed order
DEMAT AMC ChargesRs.150 per annumRs.362
Trading AMC ChargesFreeFree
Margin MoneyZeroRs.10,000

Comparison on Administrative Charges:

In terms of Administrative transactional charge, we here compared Upstox vs Arihant Capital as below. Other than transaction charge all the other criteria are similar. In terms of transaction charge, the %charge of Arihant Capital is more than Upstox.

Other ChargesUpstoxArihant Capital
Transaction Charges0.00275% of Total Turnover0.00290% of Total Turnover
STT0.0126% of Total Turnover0.0126% of Total Turnover
SEBI Turnover Charges0.0002% of Total Turnover0.0002% of Total Turnover
Stamp DutyDepends on State (very minimal)Depends on State (very minimal)
GST18% of (Brokerage + Transaction Charges)18% of (Brokerage + Transaction Charges)

Comparison on Offers: 

Contrasting Upstox vs Arihant Capital we get the below comparison on offers. We here can see that in terms of offers Arihant Capital is a step ahead of Upstox for offering more offers.

OffersUpstoxArihant Capital
Free DEMAT Account
Free Trading Account
Discount on Brokerage
Trading Happy Hours
Flexible Brokerage Plans
1 Month Brokerage Free
Holiday Offers
Referral Offers
Zero Brokerage for Loss Making Trades

Comparison on Services Offered:

Assessing Upstox vs Arihant Capital based on their service offering we derived the below comparison. Different services like Demat services, trading services, IPO services, PMS are provided by these trading organizations.

ServicesUpstoxArihant Capital
DEMAT Services
Trading Services
3 in 1 Account
Intraday Services
IPO Services
Stock Recommendations
Robotic Advisory
PMS
Trading Institution
Trading ExposureMaximum 20xMaximum 10X

Comparison on Research & Advisory: 

Contrasting Upstox vs Arihant Capital based on their research & advisory offering we received the below comparison. Here we can see in the below table that Upstox doesn’t offer any research information. But Arihant Capital offers some of the research information to the investors. 

Research & AdvisoryUpstoxArihant Capital
Fundamental Reports
Research Reports
Company Reports
Annual Reports
Company Stock Review
Free Stock Tips
IPO Reports
Top Picks
Daily Market Review
Monthly Reports
Weekly Reports
Offline Advisory
Relationship Manager

Upstox Vs Arihant Capital Leverage:

Considering Upstox vs Arihant Capital based on product-wise leverage we get the below details. These leverage charges can influence your annual trading revenue. Almost all the charges are different for these companies. It includes equity delivery, equity intraday, commodities, currency futures, etc.

Exposure / LeverageUpstoxArihant Capital
Equity DeliveryMaximum 5xMaximum 4X
Equity IntradayMaximum 20xMaximum 10X
Equity FuturesMaximum 7xMaximum 3X
Equity OptionsMaximum 8xMaximum 5X
Currency FuturesMaximum 5xMaximum 2X
Currency OptionsMaximum 6xMaximum 2X
CommoditiesMaximum 7xMaximum 3X

Comparison on Products:

Comparing Upstox vs Arihant Capital based on their product offering we derived the below comparison. We can see in this below comparison that trading in mutual fund & SIP is not offered by Upstox but by Arihant Capital.

ProductsUpstoxArihant Capital
Equity Trading
Commodity Trading
Currency Trading
Options
Futures
Mutual Funds
Forex
Banking
SIP
Insurance

Comparison on Trading Platforms: 

Because of the trading terminal offering of Upstox vs Arihant Capital, we compared them as below. These platforms increase the usability of your trading account.  Different trading platforms like desktop platform(windows), desltop platform(mac), IOS app platform, windows app platform and much more are offered by these organizations.

Trading PlatformsUpstoxArihant Capital
Desktop Platform – Windows
Desktop Platform – Mac
Desktop Browser Platform
Mobile Site Platform
Android App Platform
iOS App Platform
Windows App Platform
Other Mobile OS Platform
Real-time Updates
Portfolio Details
Online MF Buy
News Flash
Research Reports
Easy Installation
Global Indices
Stock Tips
Personalized Advisory
Interactive Charts
Live Markets
SMS Alerts
Email Alerts
Multi-Account Management

Comparison on Customer Support: 

In light of customer assistance, we here have compared Upstox vs Arihant Capital as below. Both the broker offers similar paths for their customer to assist them. This comparative table can lead you to the better option.

Customer SupportUpstoxArihant Capital
Dedicated Dealer
Offline Trading
Online Trading
24*7 Support
Email Support
Chat Support
Toll-Free Number
BranchesZero150
open arihant capital demat account

Comparison on Customer Grievances: 

Both these brokers provide multiple channels to their investors to reach them so that they can support the customers in a better way. Here we compared Upstox vs Arihant Capital based on their customer complaint handling in the below table. 

Complaints (Current Year)UpstoxArihant Capital
Lodged in BSE18552
Resolved in BSE12650
Lodged in NSE17574
Resolved in NSE13969
Upstox demat account

Conclusion: 

Finally, we can say that discount broker Upstox has a huge offering for its customers. But full-service broker Arihant Capital offers more than Upstox. Still, it should be kept in mind that individual investors should opt the broker between Upstox and Arihant Capital as per his need only.

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Stockquantum was founded by Dharmendra Mukati in 2018. I am a Trader and Investor in the last 10 years. I am writing here about stock broker review, broker comparison, IPO investment, Crypto currencies, technical analysis, fundamental analysis, sub brokership, mutual fund, personal finance, and our experiences.