Compare stock brokers
Rudra Shares vs. Arcadia Share
All stockbrokers charge you a fee for carrying out trading transactions. They charge you different fees for different asset classes. So, to maximize your returns and best trading experience, you need to choose the best stock broker.
Among the best stockbrokers in India, two top names are Rudra Shares and Arcadia Share. Please find a thorough comparison study for both the stock brokers, and find the table below for the comparison of Rudra Shares and Arcadia Share.
Overview
Rudra Shares are Arcadia Share both private companies and both are full service broker as well. Siddhartha Bansal co-founded Rudra Shares in 2008. And Arcadia Share was founded in the year 1995 by Antony Sequeira. Rudra Shares's headquarters are in New Delhi and Arcadia Share's headquarters are in Mumbai, Maharashtra.
Rudra Shares and Arcadia Share both are full service broker as well. Rudra Shares is registered in NA, while Arcadia Share is registered in NA. The total branches of Rudra Shares are Nil and the Arcadia Share branches are Nil.
Overview | Rudra Shares | Arcadia Share |
---|---|---|
Broker Type | Full Service Broker | Full Service Broker |
Type of company | Private | Private |
Headquarter | New Delhi | Mumbai, Maharashtra |
Founders | Siddhartha Bansal | Antony Sequeira |
Foundation Year | 2008 | 1995 |
Supported Exchanges | NA | NA |
Total branches | Nil | Nil |
Rudra Shares and Arcadia Share Trading Account Opening and Demat Charges
A dematerialization account, also known as a Demat account keeps the securities in an electronic form that are deposited with National Securities Depository Limited (NSDL) or Central Depository Services Limited (CDSL).
Account opening fees for various brokers range from 0 to Rs.200, with Rudra Shares charging Zero and Arcadia Share charging Rs.200.
When you open a Demat account, you must pay specific fees such as account maintenance fees, broker commissions, GST, and STT. When you open a Demat account, you must pay specific fees such as account maintenance charges, broker commissions, GST, and STT. So, account maintenance charges (AMC) for the Rudra Shares Demat account is Rs.299 per Annum and for the Arcadia Share Demat account is Rs.450 per Annum. The Trading AMC for Rudra Shares and Arcadia Share is free. And the margin money for both brokers is also zero.
As we know that NSDL and CDSL are the two depositories in India registered by Indian Government which holds various securities in electronic form like stocks, bonds, etc. So, the depository for both Rudra Shares and Arcadia Share is CDSL.
Account Opening and Demat Charges | Rudra Shares | Arcadia Share |
---|---|---|
Trading Account Opening Charges | Zero | Rs.200 |
Demat AMC (Annual Maintenance Charges) | Rs.299 per Annum | Rs.450 per Annum |
Trading AMC (Annual Maintenance Charges) | Free | Free |
Margin Money | Minimum Rs.10,000 | Zero Margin |
Offline to Online Charges | Yes | Yes |
Depository | CDSL & NSDL | CDSL & NSDL |
Rudra Shares and Arcadia Share Equity Brokerage Charges
There are more charges that a broker charges for equity transactions.
Equity delivery charges: This means holding the stocks for a certain period of time and selling it when you make a profit. Different brokers charge different rates on Equity Delivery. The Equity Delivery charges for Rudra Shares is 0.10%, while Arcadia Share charges you 0.2% – 0.4%.
Equity Intraday: This means when you buy and sell stocks on the same day. So, the equity intraday brokerage charges for Rudra Shares is 0.01% and for Arcadia Share also, it is 0.02% – 0.04%.
Equity Futures: Equity futures refers to the purchase and sale of shares at a fixed price on a future date. Rudra Shares charge 0.01% and Arcadia Share charge 0.02% – 0.04% for equity futures.
Equity Options: These are contracts that allow an investor to buy or sell equities at a predetermined or strike price, (1 contract=100 shares). For equity options, Rudra Shares charges Rs.15 per Lot, and Arcadia Share charges Rs.30 – Rs.75 per Lot.
Equity Brokerage Charges | Rudra Shares | Arcadia Share |
---|---|---|
Equity Delivery Brokerage | 0.10% | 0.2% – 0.4% |
Equity Intraday Brokerage | 0.01% | 0.02% – 0.04% |
Equity Futures Brokerage | 0.01% | 0.02% – 0.04% |
Equity Options Brokerage | Rs.15 per Lot | Rs.30 – Rs.75 per Lot |
Rudra Shares and Arcadia Share Currency Brokerage Charges
Currency trading is also known as forex trading, which is used to buy and sell currency pairs. Most brokers offer this trading service.
Currency Future: It is also known as Foreign exchange futures. It is a type of contract where buying and selling of currencies is done on a future date at a fixed price. The Currency Futures Brokerage for Rudra Shares is 0.01% and for Arcadia Share is 0.02% – 0.04%.
Currency Options: A currency option, like an equity option, is a contract that allows a buyer the right (but not the responsibility) to purchase or sell a specified currency at a fixed exchange rate on or before a particular date. Rudra Shares charges Rs.10 per Lot for currency options, whereas Rudra Shares charges Rs.20 – Rs.50 per Lot.
Currency Brokerage Charges | Rudra Shares | Arcadia Share |
---|---|---|
Currency Futures Brokerage | 0.01% | 0.02% – 0.04% |
Currency Options Brokerage | Rs.10 per Lot | Rs.20 – Rs.50 per Lot |
Rudra Shares and Arcadia Share Commodity Brokerage Charges
Commodity Trading: Commodity trading involves the purchase and sale of various commodities such as gold, silver, agriculture, and energy, as well as their derivative products. Rudra Shares charges 0.01% for commodity trading, while Arcadia Share charges NA.
Commodity Brokerage Charges | Rudra Shares | Arcadia Share |
---|---|---|
Commodity Options Brokerage | 0.01% | NA |
Rudra Shares and Arcadia Share Other Charges
Here are some other broker charges that should know about -
Minimum Broker Charges: Rudra Shares levies a minimum brokerage fee of Percentage of Transaction, while Arcadia Share charges Percentage of Transaction brokerage fee.
Transaction Brokerage Charges: Rudra Shares levies a transaction brokerage charge of 0.00315%, while Arcadia Share charges 0.00300%.
SEBI Turnover Charges: Securities and Exchange Board of India (SEBI) is the market regularly and monitors fair trade practices. They also charge a small fee known as the SEBI Turnover fee. So, the SEBI Turnover charges for Rudra Shares is 0.0002% of Total Turnover and for Rudra Shares is 0.0002% of Total Turnover.
Stamp Duty Charges: This fee is charged as per the state and asset class.
GST Charges (Goods and Services Tax): GST of 18% is charged (brokerage and transaction charges)
STT (Securities Transaction Tax): The STT charges for Rudra Shares are 0.0126% of Total Turnover, while for Arcadia Share, they are 0.0126% of Total Turnover.
Call and Trade Charges: This charge varies for different brokers. Rudra Shares charges NA and Arcadia Share charges NA.
Other Brokerage Charges | Rudra Shares | Arcadia Share |
---|---|---|
Minimum Brokerage Charges | Percentage of Transaction | Percentage of Transaction | Transaction Brokerage Charges | 0.00315% | 0.00300% | SEBI Turnover Charges | 0.0002% of Total Turnover | 0.0002% of Total Turnover | Stamp Duty Charges | As per the state | As per the state | GST Charges | 18% of (Brokerage + Transaction Charges) | 18% of (Brokerage + Transaction Charges) | STT Charges | 0.0126% of Total Turnover | 0.0126% of Total Turnover | Call and Trade Charges | NA | NA |
Rudra Shares and Arcadia Share Equity Exposure/Leverage
With the leverage, you can trade for a much higher amount than you actually pay for it. It means to borrow money for buying securities. For example, if you want to buy stocks for Rs. 5,00,000, but have only funds of Rs. 2,00,000. Then, you can get the remaining 3,00,000 Rs. from the broker by paying them some margin amount.
Equity Delivery: Leverage provided for Equity Delivery by Rudra Shares is up to Upto 2x and by Arcadia Share it is up to Upto 2x.
Equity Intraday: Leverage for equity intraday by Rudra Shares is up to Upto 5x and by Arcadia Share it is up to Upto 5x.
Equity Futures: Leverage for Equity Futures by Rudra Shares is up to Upto 2x and by Arcadia Share it is up to Upto 2x.
Equity Options: Leverage for Equity Options by Rudra Shares is up to Upto 2x and by Arcadia Share also, it is up to Upto 5x.
Equity Leverage | Rudra Shares | Arcadia Share |
---|---|---|
Equity Delivery | Upto 2x | Upto 2x | Equity Intraday | Upto 5x | Upto 5x | Equity Futures | Upto 2x | Upto 2x | Equity Options | Upto 2x | Upto 5x |
Rudra Shares and Arcadia Share Currency Leverage
The currency futures leverage provided by Rudra Shares is up to Upto 3x, while for Arcadia Share it is up to Upto 2x.
The currency options leverage provided by Rudra Shares is up to Upto 2x, while for Arcadia Share it is up to Upto 3x.
Currency Leverage | Rudra Shares | Arcadia Share |
---|---|---|
Currency Futures | Upto 3x | Upto 2x | Currency Options | Upto 2x | Upto 3x |
Rudra Shares and Arcadia Share Commodity Leverage
The commodity leverage provided by Rudra Shares is up to Upto 3x, while for Arcadia Share it is up to Upto 2x.
Commodity Leverage | Rudra Shares | Arcadia Share |
---|---|---|
Commodity | Upto 3x | Upto 2x |
Rudra Shares and Arcadia Share Offers
Brokers offer various exciting offers to entice new customers. Here are some of them:
Free Stock Trading and Demat Accounts: many brokers offer new investors to open an account free to cost and start trading straight away with them.
Flexible Plans: attractive plans at an economical price such as ProStocks monthly plan targeting equity cash and currency F&O at Rs.899 and Rs.499, respectively.
Brokerage Discounts: Coupons providing up to 50% discount at their rates.
Happy Hours: A specific time slot where the trades/customers get broker's services at a discount.
1-month Free Plan: where brokers provide free delivery trading such as OneTradePlus.
Holiday Offers: brokers are providing their services at a discounted rate on special events such as Diwali.
Referral Program: brokers provide a discount when your family or friends sign up with the broker using your referral code.
Zero Brokerage on Loss Trade: complete refund of money on unsuccessful trades.
Offers | Rudra Shares | Arcadia Share |
---|---|---|
Free Stock Trading Account | Yes | Yes | Free Demat Account | Yes | No | Flexible Plans | Yes | Yes | Brokerage Discounts | Yes | Yes | Happy Hours | No | No | 1 Month Free Plan | No | No | Holiday Offers | No | Yes | Referral Program | No | Yes | Zero Brokerage on Loss Trades | No | No |
Rudra Shares and Arcadia Share Features
Equity Trading: Rudra Shares and Arcadia Share brokers are among the top brokers in India. They provide you with various trading options like Equity Delivery, Equity Intraday and Equity Futures and Options trading.
Currency and Commodity Trading: Rudra Shares and Arcadia Share also offer you to trade in currency and commodities.
Initial Public Offering (IPOs): One of the greatest advantages of Rudra Shares and Arcadia Share broker is that you can also invest in IPOs. Rudra Shares also has an added advantage that they provide you with robo-advisory services as well.
Trading Exposure: Different brokers provide different trading exposures. Rudra Shares offers trading exposure of up to Upto 5x, while Arcadia Share gives up to Upto 5x.
Mutual Funds: Investing in mutual funds is a great option to grow your wealth and many brokers offer the option to invest on that. With Rudra Shares and Arcadia Share, you can invest in mutual funds through SIP and Lumpsum.
Forex Trading: With Forex Trading, you can trade in various international currencies. Rudra Shares and Arcadia Share also allow you to trade in forex trading.
Features | Rudra Shares | Arcadia Share |
---|---|---|
Equity Delivery Trading | Yes | Yes | Equity Intraday Trading | Yes | Yes | Equity Futures Trading | Yes | Yes | Equity Options Trading | Yes | Yes | Currency Trading | Yes | Yes |
Commodity Trading | Yes | Yes | IPO (Initial public offering) | Yes | No | Stocks Suggestions | No | No | Robo Advisory | No | No | PMS (Portfolio Management Services) | No | No |
Trading Institution | No | Yes | Trading Exposure | Upto 5x | Upto 5x | Mutual Funds | Yes | Yes | SIP (Systematic Investment Plan) | Yes | Yes | Forex Trading | No | No | Banking | No | No | Insurance | Yes | Yes |
Rudra Shares and Arcadia Share Advisory Services
Discount brokers and full-service brokers offer different services. Here are some of the top advisory services offered by brokers-
Fundamental Reports: These are the reports that analyse a company's financial statements and help investors and financial analysts make decisions about a company's present financial status.
Research Reports: Many broker companies have in-house research teams which are experienced and help people to give research reports on various securities like stocks, currency, mutual funds, etc. Rudra Shares and Arcadia Share offer you in-depth research reports.
Company Reports: These are detailed and easy-to-understand reports on the company's measures throughout the year, month, or week.
Relationship Manager: Full-service broker gives a dedicated relationship manager, who will clear all your trading queries and help you throughout your trading journey.
Other Services: Many brokers provide more services depending upon the brokerage price like Company Stock Reviews, Free Stock Tips, IPO Reports, Top Picks, Daily Market Reviews, Monthly Reports, Weekly Reports and Offline Advisory.
Advisory Services | Rudra Shares | Arcadia Share |
---|---|---|
Fundamental Reports | No | No |
Research Reports | Yes | No |
Company Reports | No | No |
Annual Reports | No | No |
Company Stock Review | No | No |
Free Stock Tips | Yes | Yes |
IPO Reports | Yes | No |
Top Picks | Yes | Yes |
Daily Market Review | Yes | Yes |
Monthly Reports | Yes | Yes |
Weekly reports | Yes | Yes |
Offline Advisory | Yes | Yes |
Relationship Manager | Yes | Yes |
Rudra Shares and Arcadia Share Desktop Trading Platforms
A trader can utilise multiple trading platforms to trade in stocks, commodities, etc. A good and advanced trading platform can make your trading easier and result in profit maximization. Rudra Shares and Arcadia Share offer a Desktop Trading Platform with advanced tools, interactive charts, and quick buying and selling of securities. Their trading platforms can be used in Windows, Mac and Desktop browsers as well.
Desktop Trading Platforms | Rudra Shares | Arcadia Share |
---|---|---|
Windows | Yes | Yes |
Mac | Yes | Yes |
Desktop Browser | Yes | Yes |
Rudra Shares and Arcadia Share Mobile Trading Platforms
Rudra Shares and Arcadia Share offer you mobile trading platforms which can be used in iOS and Android applications.
Mobile Trading Platforms | Rudra Shares | Arcadia Share |
---|---|---|
Mobile Browser | Yes | No |
Android App | Yes | Yes |
iOS App | Yes | Yes |
Windows App | No | No |
Other mobile os | No | No |
Rudra Shares and Arcadia Share Customer Support
Customer service is a critical aspect in converting a new customer into a loyal and long-term customer. Because the trading market moves quickly, an investor requires appropriate customer assistance from their brokers. Rudra Shares and Arcadia Share give good customer support and service to their clients. They help you in online trading through chat support, e-mail support and call support.
Customer Support Features | Rudra Shares | Arcadia Share |
---|---|---|
Relationship Manager | Yes | No |
Offline Trading | Yes | Yes |
Online Trading | Yes | Yes |
24 * 7 Support | No | No |
Email Support | Yes | Yes |
Chat Support | No | No |
Toll free number | No | No |
Support Branches | 480 | 8 |
Rudra Shares and Arcadia Share Customer Complaints
The BSE and NSE actively accept and handle complaints to maintain a stringent check and balance on fair-trade opportunities. Investors can file complaints about brokers or companies in case of any unfair trade practices. BSE and NSE make sure to resolve your complaints within a certain time. Check out the table below for Rudra Shares and Arcadia Share registered and resolved complaints.
For Rudra Shares, the Percentage of resolved BSE complaints is NaN % and the Percentage of resolved NSE complaints is 100.00 %.
For Arcadia Share, the Percentage of resolved BSE complaints is 100.00 % and the Percentage of resolved NSE complaints is 100.00 %.
We can say that Rudra Shares is better than Arcadia Share in case of resolving customer complaints.
BSE Complaints | Rudra Shares | Arcadia Share |
---|---|---|
BSE Complaints | 0 | 1 |
BSE Resolved Complaints | 0 | 1 |
Percentage of resolved BSE complaints | NaN % | 100.00 % |
NSE Complaints | 1 | 9 |
NSE Resolved Complaints | 1 | 9 |
Percentage of resolved NSE complaints | 100.00 % | 100.00 % |
BSE/NSE Complaint vs. Resolved Percentage | NaN % | 100.00 % |
Frequently Asked Questions
Is Rudra Shares better than Arcadia Share?
Rudra Shares and Arcadia Share are at the top among the best full service brokers. You need to look for brokerage charges, account opening fees, trading platforms, etc. to determine which one is better.
Is Arcadia Share better than Rudra Shares?
Arcadia Share and Rudra Shares are at the top among the best full service brokers. As a result, we must examine features such as brokerage costs, account opening fees, trading platforms, and more to determine which of them is a better stockbroker.
Which is cheaper between Rudra Shares and Arcadia Share?
Rudra Shares and operate as full-service brokers, generally resulting in higher brokerage charges compared to discount brokers. In general, the brokerage fees for both of them will be relatively similar. Examine the brokerage fees in-depth to determine the less expensive broker for your requirements.
Which is better, Rudra Shares and Arcadia Share?
To figure out which of the two stockbrokers, Rudra Shares and Arcadia Share, is better, compare their brokerage charges, trading platforms, other expenses, research, account opening charges, and so on.
Compare Rudra Shares with other stock brokers
Visit the following pages to see a detailed comparision report of Rudra Shares with other brokerage firms.
Compare Arcadia Share with other stock brokers
Visit the following pages to see a detailed comparision report of Arcadia Share with other brokerage firms.