Introduction: 

Both the stockbroker Arihant Capital and Trade Plus Online offer various hi-tech amenities to help their investors. Only a relative analytical study between these brokers can focus on the areas, where an investor needs information. 

This enlightening study between Arihant Capital vs Trade Plus Online highlights those areas to assist traders to make investing decisions. 

Arihant Capital, a full-service broking firm, started its journey in 1992 in membership with NSE & BSE. 

It enables trading in equity, commodity, and forex with its latest trading platform. Now having more than 150 branches around various cities of India. 

Conversely, Trade Plus Online is a Discount Broker that started its journey in 2015. It offers various products in flat fee brokerage charges and currently listed under NSE, BSE & MCX.

Notable Specification: 

Trade Plus Online: 

  1. NRI Trading facility
  2. E-KYC facility is present.
  3. Facilitates investment in IPO, Bonds & Mutual Funds,
  4. Higher call & trade charges
  5. INFINI trading platform is not free

Arihant Capital:

  1. Offers all possible asset options and wealth products. 
  2. It is a commanding name in the commodity broking industry. 
  3. Least brokerage on trading – INR. 20/- 
  4. Facilitate investors to transfer funds to 25 banks. 
  5. Provisions automated trading. 

Comparison of Overall Aspects: 

Comparing Trade Plus online vs Arihant Capital based on customer service review we get the below-mentioned information: We can see from the below table, that in all segments Trade Plus Online is a little step ahead of Arihant Capital.

 ParticularsTradePlusOnlineArihant Capital
Overall Rating3.5 out of 53 out of 5
Brokerage Charges3.5 out of 53 out of 5
Trading Platform3.5 out of 53 out of 5
Investments Offering4 out of 53 out of 5
Customer Service4 out of 53 out of 5
Broker Type Discount BrokerFull-Service Broker
Exchanges Supported NSE, BSE, MCXNSE,BSE,MCX-SX,MCX,NCDEX
Arihant Capital Vs TradePlus Review

Comparison of AOC & AMC: 

Comparing Trade Plus online vs Arihant Capital based on AOC & AMC we get the below information. Trading AMC & DEMAT account opening fee for Trade plus online is free whereas, Arihant Capital offers DEMAT & trading account for free along-with trading AMC for free. 

ParticularsTradePlusOnlineArihant Capital
Trading Account Opening Fees200 RupeesFree
Trading AMCFreeFree
Demat Account Opening FeesFreeFree
Demat AMC200 Rupees (First Year Free)362 Rupees PA
DP Facility

Comparison of Brokerage Plan: 

Arihant Capital doesn’t offer any brokerage plan to the customer. But Trade Plus Online offers Multiple types and Monthly type brokerage plans to their customer. Details of brokerage plans are mentioned here below.

Plan TypesTradePlusOnlineArihant Capital
Multiple Brokerage Plans
Monthly Brokerage Plans
Yearly Brokerage Plans

Comparison of  Brokerage Charge: 

Comparing Trade Plus Online vs Arihant Capital based on brokerage fee offering we get the below-mentioned information. We can see in the below table that Arihant Capital has a percentage based brokerage fee structure for its investors. Whereas Trade Plus Online has a flat fee-based brokerage plan. Also, both the broker doesn’t have any minimum brokerage charge available.

ParticularsTradePlusOnline BrokerageArihant Capital Brokerage
Plan NameFlat Fee PlanStandard Trading Plan (Percentage Based)
Equity DeliveryFree0.3% or 30 paisa
Equity Intraday0.01% or 9 Rupees whichever is lower0.03% or 3 paisa
Equity FuturesFlat Fee 9 Rupees0.03% or 3 paisa
Equity OptionsFlat Fee 9 Rupees50 Rupees Per Lot
Currency FuturesFlat Fee 9 Rupees0.03% or 3 paisa
Currency OptionsFlat Fee 9 Rupees20 Rupees Per Lot
Commodity TradingFlat Fee 9 Rupees0.03% or 3 paisa
Minimum BrokerageNILNIL
Hidden ChargesNoInfo Not Available
FundingYes – 24% interest PAInfo Not Available
Call & Trade Charges75 Rupees Per Day Per segment or 1000 Rupees for unlimited call & TradeInfo Not Available

Comparison of Transaction Charge:

Contrasting Trade Plus online vs Arihant Capital on transaction charge we get the below details. Here we can see that the transaction charge for Trade Plus Online is much higher than the transaction charge of Arihant Capital.

ParticularsTradePlusOnlineArihant Capital
Equity Delivery330 Rupees Per Cr325 Rupees Per Cr
Equity Intraday330 Rupees Per Cr325 Rupees Per Cr
Equity Futures350 Rupees Per Cr190 Rupees Per Cr
Equity Options7500 Rupees Per Cr5000 Rupees Per Cr
Currency Futures165 Rupees Per Cr110 Rupees Per Cr
Currency Options6000 Rupees Per Cr4000 Rupees Per Cr
CommodityNon-Agri: 360 Rupees Per Cr 
Agri: 275 Rupees Per Cr
Non-Agri: 260 Rupees Per Cr 
Agri: 175 Rupees Per Cr

Comparison of Account Feature:

Assessing Trade Plus Online vs Arihant Capital based on account feature we derived the below-mentioned table.

ParticularsTradePlusOnlineArihant Capital
3 in 1 Account Services
Charting Services
Algo Trading Services
SMS Alerts Services
Online Demo Services
Online Portfolio Services
Margin Trading Funding Services
Combined Ledger for Equity and Commodity Services
Intraday Square-off Time3:15 PM3:15 PM
NRI Trading Services
Other ServicesCharting & Tech Tools -YES – INFINI POWER – MCX and EquitiesNIL

Comparison of Trading Terminal: 

A trading terminal is an important part of any broker’s offering. Nowadays investors attract mostly over better & smarter technology. Here we have compared Trade Plus Online vs Arihant Capital based on their trading terminal offering.

ParticularsTradePlusOnlineArihant Capital
Desktop Trading PlatformNSE NOW, INFINI TRADERAri-Trade Speed (ODIN Diet)/Arihant NOW
Desktop Platform (Windows)
Desktop Platform (Mac)
Web Trading Platform
Web Trading Detailhttps://infini.tradeplusonline.com/https://arihantitrade.com/HTML5/
Mobile Site
Mobile Trading
Mobile Trading AppTradeplus MobileArihant Mobile
Android Mobile App
iPhone Mobile App (IOS)
Android Tablet App
iPad App (IOS)
Trading Software ChargesFreeInfo Not Available

Comparison of Product: 

Comparing Trade Plus Online vs Arihant Capital based on their product offering we derived this below information.

ParticularsTradePlusOnlineArihant Capital
Equity Cash and F&O facility
Currency Deravitives facility
Commodity facility
Online IPO Application facility
Mutual Funds service
Bond / NCD facility
ETF service
Banking facility
Insurance facility
Forex service
MF SIP Investment facility
Equity SIP Investment facility
PMS Service
Other Investment OptionsNILNIL

Comparison of Leverage: 

Considering the Leverage/Margin we here have compared Trade Plus online vs Arihant Capital as below. It is important to go for the best company.

ParticularsTradePlusOnlineArihant Capital
Equity Delivery LeverageMaximum 4x leverage on Equity Delivery with Margin Funding.Info Not Available
Equity Intraday Leverage Maximum 10x or 10% considering Variable and ELM. Maximum 10x or 10% considering Variable and ELM.
Futures Leverage 1x means real SPAN + Exposure.1x means real SPAN + Exposure.
Options Leverage 1x means real SPAN + Exposure in Sell and Premium Leverage in Buy.1x means real SPAN + Exposure in Sell and Premium Leverage in Buy.
Equity CO Leverage Maximum 10x or 10% considering Variable and ELM, no added Leverage for Cover Order.Maximum 10x or 10% considering Variable and ELM, no added Leverage for Cover Order.
Futures CO Leverage 1x means real SPAN + Exposure Leverage, No added Leverage for Futures Cover Order.1x means real SPAN + Exposure Leverage, No added Leverage for Futures Cover Order.
Options CO Leverage 1x means real SPAN + Exposure Leverage (Sell) or Premium Leverage (Buy), No added Margin for Options Cover Order.1x means real SPAN + Exposure Leverage (Sell) or Premium Leverage (Buy), No added Margin for Options Cover Order.
Commodity Leverage 1x means real SPAN + Exposure in Sell and Premium Leverage in Buy.1x means real SPAN + Exposure in Sell and Premium Leverage in Buy.

Comparison of Customer Support: 

Better customer support is nowadays a mentionable point to attract customers. Trade Plus Online & Arihant Capital is no exception to this. In terms of customer assistance, we have compared Trade Plus online vs Arihant Capital as below.

ParticularsTradePlusOnlineArihant Capital
24/7 Customer Service 
Email Support 
Onine Live Chat 
Phone Support 
Toll Free Number 
Through Branches 
Customer Care Number 044-49427576 / 044-28214171Info Not Available
Account Opening Process Online/PaperlessInfo Not Available
Customer Support Email [email protected]Info Not Available
Knowledge Center/ Education support.tradeplusonline.com/support/solutionsInfo Not Available
Head Office Address Tradeplus Online,
Ganga Griha 4th & 5th Floor, No.9 (old No. 6D) Nungambakkam High Road, Nungambakkam
Chennai – 600 034
Info Not Available
Website tradeplusonline.comInfo Not Available
open Arihant Capital demat account

Comparison of DEMAT Account Feature: 

Comparing Trade Plus Online vs Arihant Capital based on the DEMAT account feature we derived the below-mentioned information.

Particulars TradePlusOnlineArihant Capital
DP SourceNSDLCDSL
DP ID 86500No
DEMAT Account Annual Maintenance Charges(AMC)900 Rupees for Ten Years362 Rupees pa
Advance DepositNILNil
Statutory chargesNilNil
Transaction Charges on Debit (Per ISIN)0.02% of the transaction value (Min 15 Rupees and Max 200 Rupees)0.04% of transaction value or 19 Rupees per transaction (whichever is higher)
DEMAT50 Rupees up to five certificate (5 Rupees per additional certificate) ( Min 50 Rupees)10 Rupees per certificate (Min 50 Rupees) + 50 Rupees courier charges
REMAT15 Rupees for every hundred securities or 15 Rupees per certificate (whichever is higher) + ₹50 request charges20 Rupees for every hundred securities
Pledge Creation15 Rupees per transaction0.04% (Min 50 Rupees)
Pledge Creation Confirmation0.02% of the value (Min 50 Rupees)Nil
Pledge Closure0.02% of the value (Min 50 Rupees)0.04% (Min 50 Rupees)
Pledge Closure Confirmation0.02% of the value (Min 50 Rupees)Nil
Pledge Invocation0.02% of the value (Min 50 Rupees)0.04% (Min 50 Rupees)
Failed Instruction Charges15 RupeesNil
Other ChargesNilNil

Final Remarks: 

Full-service broker Trade Plus Online & Arihant Capital both are renowned in their segments for various amenities they offer to the customers. Arihant Capital is renowned for being remarkable in terms of online assistance and economic charge. Whereas, Trade Plus Online is a trusted brand with millions of tech-savvy customers with reasonable charge structure. But choosing of broker should be done keeping in mind the exact & individual needs.

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