Dhan (3.7)

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Dhan is one of India's fastest-growing technology and product-led stock broking platforms offering lightning-fast investing and trading experience to its active client base of 55,101 till August 2022.

Product Basket

The segments in which you can invest (includes Equity, Commodity, Currency, Futures and Options) through this broker

Equity
Commodity
Currency
Futures
Options
Brokerage Plans (Single Plan)

1 or more plans offered by this broker, which outlines, Account opening and maintenance fees charged by this broker, Brokerage charges and Margins provided. Use plan switcher to see the difference in offerings, if multiple plans are available.

Charges

Account Opening Charges

Free

Account Maintenance Charges

Free

Call & Trade Charges

₹ 50
Brokerage

Equity Delivery Brokerage

Zero

Equity Intraday Brokerage

0.03%

Equity Futures Brokerage

0.03%

Equity Options Brokerage

₹ 20

Currency Futures Brokerage

0.03%

Currency Options Brokerage

₹ 20

Commodity Futures Brokerage

0.03%

Commodity Options Brokerage

₹ 20
Margins

Equity Delivery Margin

1x

Equity Intraday Margin

5x

Equity Futures Margin

1x

Equity Options Margin

1x

Currency Futures Margin

1x

Currency Options Margin

1x

Commodity Futures Margin

1x

Commodity Options Margin

1x
✍ Dhan Brokerage Calculator Charges Details
Trading Platforms Learn More

Set of software & applications offered by the broker for executing buy and sell orders online. These are names of their portals and mobile apps, for full desc- Full Platform Details.

Dhan Mobile Application Dhan Web Trading Platform Options Trader TradingView by Dhan
Pros

Advantages and Strengths of this broker.

  1. On Dhan, you can trade directly from the TradingView Charts on all platforms (App, Web & tv.dhan.co).
  2. You can get instant margin benefits by pledging shares.
  3. Dhan has some unique & industry-first features like Reverse Order, Technical Orders, Draft Orders, Webhook Alerts for TardingView etc.
  4. Dhan has a dedicated Options Trading App specially for F&O Traders.
  5. Dhan promises to charge half brokerage for its female customers until gender parity is reached on the platform. This is a means to incentivise female investors.
Cons

Disadvantages of this broker that it needs to improve upon.

  1. The Call and Trade charges are ₹100 per trade, which is the highest in comparison to its competitors.
  2. Dhan has no physical branches or offices. This makes account opening difficult for people who are not tech-savvy and prefer using physical documentation for the offline process.
  3. Customers do not get a relationships manager.
  4. Customers cannot invest in Mutual Funds, Sovereign Gold Bonds or any other bonds.
Additional Features

Extra features provided by the broker at little or no extra cost. Like research reports, SMS alerts etc.

3 in 1 Account
Free Trading Calls
Free Research Reports
SMS Alerts
Margin Funding
Margin Against Share
Other Investment Options

Services provided by the broker for investing in other financial assets such as Mutual funds, Insurance, Bonds etc.

Mutual Funds
IPO Platform
Bonds & Debt
Exchange Traded Funds
Insurance
Finology Ratings & Reviews for Dhan

Ratings are provided based on customer service, usability, charges and overall average. Reviews are based on positive and negative aspects of the broker that help you understand this broker better.

Charges

(3.5)

Usability

(3.5)

Customer Service

(4.2)

Charges Review

  • Currently, Dhan is not charging any account opening fees or Annual Maintenance Charges.
  • Their call & trade charges are higher than most discount brokers.

Customer Service Review

  • Email, call and chat support is available and based on past customer reviews, the response is satisfactory.
  • No Relationship Manager is provided upon opening of the account.

Ease of Use Review

  • The platform is user friendly and the user interface is very clean.
  • The app places the user’s portfolio before the market news and gainers/losers section, in contrast to most users’ preferences.

Account Opening Procedure Review

  • The entire account opening process is online which makes the process quite streamlined and quick.
  • Dhan, however, has no physical branches. Therefore, accounts cannot be opened using any offline mode. This might inconvenience the not-so-tech-savvy public.
🌟 Dhan Customer Reviews

Why Choose Dhan? Know Everything about Dhan here.

Verdict

Dhan offers zero brokerage on equity delivery. It also provides a user-friendly interface. The platform has various features like 1-Tap Reverse Position, Live Market Scanners, Real-Time Data and Analytics, and Direct Trading from TradingView Charts.

If you are an investor, the broker provides you with

  • Qualitative & Quantitative insights on listed share market companies.

  • Performance and returns tracking of investments using XIRR & CAGR.

  • Invest systematically and regularly via SIP in stocks.

  • Benchmark and track their returns with 12 Indian stock market indices.

  • After Market Orders allows investors to place buy/sell orders for the next trading day.

  • Basket Orders to create multiple orders and club them together.

If you are a trader, the broker provides you with

  • TradingView charts for direct trading.

  • The ability to pledge shares.

  • Daily & weekly CPR indicators to set up support and resistance.

  • One-tap reverse position that allows users to change their market position in a single order.

  • Transaction Estimator to help calculate the brokerage before placing the order.

Trading Tools

Dhan Mobile Application

Dhan’s trading and investing platform for mobile devices. Available on both Android and IOS devices. The app allows its users to invest in stocks, ETFs, futures and options, commodities and more.

Dhan Web Trading Platform

Dhan’s trading and investment platform for computers. Dhan Web is a browser-based website that provides similar features to the mobile app.

Options Trader

Options Trader by Dhan is India's first dedicated Options Trading App by a broker with specific features built for F&O Traders.

TradingView by Dhan

Dhan has an integrated trading experience with TradingView - a popular charting product. Built especially for traders who prefer to trade directly from charts.

Charges Details

For Equity

CHARGES

DELIVERY

INTRADAY

FUTURES

OPTIONS

Transaction Charges

0.00345% - NSE

0.00345% - BSE

0.00345% - NSE

0.00345% - BSE

0.002% - NSE

0.053% - NSE

Demat Transaction Charges 

Free 

-

-

-

GST

18% on Brokerage + Exchange Turn over Charges

18% on Brokerage + Exchange Turn over Charges

18% on Brokerage + Exchange Turn over Charges

18% on Brokerage + Exchange Turn over Charges

STT

0.1% on buy & sell

0.025% Sell-side

0.01% Sell-side

0.05% Sell-side

SEBI Charges

0.0001% of turnover

0.0001% of turnover

0.0001% of turnover

0.0001% of turnover

 

For Commodity

CHARGES

FUTURES

OPTIONS

Transaction Charges

Group A, B- 0.0026%

-

GST

8% on Brokerage + Transaction Charges

8% on Brokerage + Transaction Charges

STT

Sell-side, 0.01% 

Sell-side, 0.05%

SEBI Charges

0.0001% of turnover

0.0001% of turnover

For Currency

CHARGES

FUTURES

OPTIONS

Transaction Charges

0.0009% - NSE

0.00022% - BSE

0.035% - NSE

0.001% - BSE

GST

18% on Brokerage + Transaction Charges

18% on Brokerage + Transaction Charges

STT

-

-

SEBI Charges

0.0001% of turnover

0.0001% of turnover
🙋‍♂️ Read Dhan FAQ
Dhan Complaints & Stats

Company name:

Moneylicious Securities Private Limited

Contact:

022-48906273

Email:

help@dhan.co
Dhan Customer Reviews

Overall Rating

5

Based on 2 reviews

Rating Summary

5
100%
4
0%
3
0%
2
0%
1
0%

Review Analytics

Platform 0 votes

Charges 0 votes

Transparency 0 votes

Features 0 votes

Customer Support 0 votes

kavi jaiswal

(5)

Posted on 22 Jul 2022

Very smooth experience with all the things on dhan web and app

pravin bajaj

(5)

Posted on 14 Jun 2022

Nice broker, Better than any Broker and best for Intraday Trading

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