Zerodha
India's largest stockbroker by client base
4.6/ 5
Best for: Cost-conscious DIY investors who mainly buy-and-hold stocks or trade F&O occasionally.
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Arihant Capital review
Full-service research house with zero delivery brokerage
3.8/ 5App: 4.0/5
- Since 1992
- Delivery Zero brokerage
- AMC Verify tariff sheet
Open an account with Arihant CapitalCompare Arihant Capital →SEBI-registered stock/commodity broker + DP (CDSL & NSDL) + Research Analyst + AMFI distributor
Reviewed by LetsInvest Research DeskUpdated 14 Sept 2026Pricing verified 14 Sept 2026How we test
Fees & pricing4.1
Trading platforms3.8
Customer support4.0
Research & education4.1
Ease of opening3.8
Overview
Listed, zero-debt full-service house since 1992 with retail, HNI and institutional desks: zero delivery brokerage with ₹20-or-0.03% intraday and F&O.
Best for: Long-term delivery investors wanting free delivery plus research.
Pros & cons
What we like
- Genuine zero delivery brokerage
- Three decades of research plus institutional desk
- Single demat for stocks, debt and MF
Watch out for
- AMC and DP tariffs missing from fetched pages
- Intraday and F&O at ₹20 cost more than ₹10 rivals
- Legacy extras need confirmation
Fees & charges
Account charges
- Account openingOne-time charge to open your demat + trading account. Many discount brokers have made this free.
- Free demat account✓ Verified 14/9/2026
- Annual maintenance (AMC)Yearly demat maintenance, charged by the broker (separate from CDSL/NSDL custodian fees). Often free for the first year.
- Verify tariff sheetConfirming
Equity
- Equity deliveryBrokerage when you buy shares and hold them overnight or longer. This is the charge long-term investors should minimise.
- Zero brokerage✓ Verified 14/9/2026
- IntradayBrokerage on same-day buy-sell trades. Percentage caps (e.g. 0.03%) protect small orders from the flat fee.
- 0.03% or ₹20 per order✓ Verified 14/9/2026
Derivatives (F&O)
- OptionsPer-order charge for options buying/selling. Excludes STT, exchange and SEBI charges, which apply equally everywhere.
- ₹20 per order✓ Verified 14/9/2026
- FuturesPer-order charge for futures trades. Same statutory extras as options apply on top.
- 0.03% or ₹20 per order✓ Verified 14/9/2026
Sources: official broker pricing pages. Figures marked “Confirming” are being re-verified — always confirm before trading.
What you can invest in
- Stocks (delivery)
- ✓ Yes
- Intraday
- ✓ Yes
- Futures & options
- ✓ Yes
- Mutual funds
- ✓ Yes
- IPOIPO + MF/SIP supported
- ✓ Yes
- US stocks
- —
- Trading API
- —
Platforms & features
platforms
- Mobile app✓ · Arihant Plus (Android + iOS)
investing
- IPO investing✓ · IPO + MF/SIP supported
research
- Research & advisory✓ · 30+ yr research + institutional desk
support
- Customer support✓ · 820+ offices + advisor/RM
Support & company
Customer support
820+ offices + advisor/RM
Company facts
- Founded
- 1992
- Regulation
- SEBI-registered stock/commodity broker + DP (CDSL & NSDL) + Research Analyst + AMFI distributor
The best delivery deal among full-service names — get AMC and DP in writing first.
How to open a Arihant Capital account
Start your application
Open the Arihant Capital signup with your mobile number and email — it takes about 10 minutes.
Complete e-KYC
Verify with PAN, Aadhaar-based OTP, a live selfie and your bank proof (cancelled cheque or statement).
E-sign documents
Digitally sign the account-opening form and nomination details via Aadhaar e-sign.
Get your client ID
Activation usually takes 24–48 hours. Your login credentials arrive by email and SMS.
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How we research. Every fee on this site carries a source and a verification date. Data is re-checked against official broker pages; read our editorial methodology. LetsInvest is a research publication, not a financial adviser — see our terms.