About Arihant Capital
Who Is Arihant Capital?
Arihant Capital is a stockbroking and financial services firm registered in India, based in Gujarat's GIFT City. While its website claims inception in 1992, our records indicate the entity was formally founded on December 4, 2019. The firm provides a range of investment and trading services including equity, commodity, currency, mutual funds, and portfolio management.
The company operates with a physical presence across over 900 investment centres and claims to serve more than 200,000 customers. It primarily targets Indian retail and active traders, offering both online and offline account opening options.
Regulatory Status
Critically, Arihant Capital does not hold any official regulatory licence on our records. This is a significant red flag for traders, as an unregulated status means no external oversight and limited recourse in case of disputes. In India, stockbroking firms are typically required to be registered with the Securities and Exchange Board of India (SEBI), but we have no confirmation of such registration for this entity.
Traders should exercise caution and conduct independent due diligence before engaging with an unregulated service provider. The absence of a licence does not necessarily imply fraud, but it removes a layer of investor protection.
Products and Services
Arihant Capital offers trading in equities (cash, F&O), commodities, and currencies. Its currency segment likely involves futures and options on currency pairs, not spot forex. The broker also provides mutual funds, initial public offerings (IPOs), and wealth management solutions.
The broker claims to support multi-product trading through a single account, with advanced order types like cover orders and bracket orders. It also offers instant fund transfers with zero cost and withdrawal within 24 hours.
Trading Platforms and Technology
The broker provides its proprietary trading platform, the Arihant Plus App, as well as web and desktop platforms. According to its website, platforms are designed for both beginners and professionals, with tools for charting, order placement, and portfolio tracking.
It also highlights 'no downtime' and 'high-performance technology' as key selling points. However, independent assessment of platform reliability is limited due to the broker's low public profile.
Account Types and Pricing
Arihant Capital offers a single brokerage plan with zero account opening charges. For equity intraday trades, it charges 0.03% brokerage. The broker states there are no hidden charges and provides separate rates for delivery, futures, options, and currency segments.
Call and trade charges are listed as zero, but standard exchange and regulatory fees apply. The broker does not appear to offer demo or Islamic accounts based on available information.
Target Audience
Arihant Capital caters primarily to Indian retail investors and active traders. Its website segments users into 'Smart Investor' (DIY with expert help), 'Active Trader' (powerful tools), and 'Guided Investing' (managed portfolios). The broker seems to aim at cost-conscious traders due to its low brokerage claim.
International clients are not specifically addressed, and the service may be limited to Indian residents.
Overview compiled by FXCanary from regulatory records and public data. full Arihant Capital review