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Arihant Capital vs Zerodha vs Dhan

Built from live entity records — same tables as our curated reviews. Highest editorial rating here: Zerodha.

In this comparison (3/4)

Arihant CapitalZerodhaDhan

Highlighted rows differ between columns.

Differences only
Comparison of Arihant Capital, Zerodha, Dhan: pricing, ratings and key facts
3.8/ 5
4.6/ 5
4.4/ 5
Best forLong-term delivery investors wanting free delivery plus research.Cost-conscious DIY investors who mainly buy-and-hold stocks or trade F&O occasionally.Active F&O and intraday traders who live in charts.
Account openingFree demat account₹0 (free)₹0 (free)
Annual maintenance (AMC)Verify tariff sheetconfirming₹0 first year, then ₹300/year₹0 lifetime
Equity deliveryZero brokerage₹0₹0
Intraday0.03% or ₹20 per order₹20 or 0.03% per order₹20 or 0.03% per order
Options₹20 per order₹20 per order₹20 per order
Futures0.03% or ₹20 per order₹20 or 0.03% per order₹20 per order
Mutual funds✓ Supported✓ Supported✓ Supported
IPO✓ Supported✓ Supported✓ Supported
US stocks✓ Supported
Fees & pricing score4.1/54.8/54.5/5
Trading platforms score3.8/54.7/54.7/5
Customer support score4.0/53.9/53.8/5
Research & education score4.1/53.5/53.0/5
Ease of opening score3.8/54.2/54.4/5

Highlighted rows differ. “Confirming” means we haven't re-verified that figure yet — check the official pricing page.

3.8/ 5

The best delivery deal among full-service names — get AMC and DP in writing first.

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
4.6/ 5

Zerodha remains the benchmark discount broker: unbeatable for delivery investors, transparent flat pricing for traders. Beginners wanting hand-holding may prefer a full-service app.

What we like

  • ₹0 equity delivery brokerage
  • Simple flat ₹20 intraday/F&O pricing
  • Mature Kite web + mobile platform
  • Strong Varsity investor-education library
  • Free account opening

Watch out for

  • ₹300/year AMC after free first year
  • No research-advisory for beginners
  • Support can be slow on volatile days
4.4/ 5

Dhan is the most trader-polished newcomer. Long-term buy-and-hold investors lose nothing by staying with Zerodha/Groww.

What we like

  • Excellent options-trading and charting UX
  • Free account opening, zero AMC positioning
  • Trader-first feature velocity
  • Clean modern interface

Watch out for

  • Young broker — shorter track record
  • No US stocks or advisory
  • Mutual-fund experience is secondary
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