Dhan
Dhan
Discount Broker

About Broker

Dhan stands out as one of India's most rapidly expanding technology-driven and product-focused stock broking platforms, delivering an ultra-fast trading and investing experience to its users. As of February 2024, Dhan boasts an active client base of 434,798.

Product Basket

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

EquityCommodityCurrencyFuturesOptions

Brokerage 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

Free

Account Maintenance

Free

Call Trade

₹50

Brokerage

Equity Delivery

Zero

Equity Intraday

0.03% up to Rs 20

Equity Futures

0.03% up to Rs 20

Equity Options

₹20 per order

Currency Futures

0.03%

Currency Options

₹20

Commodity Futures

0.03%

Commodity Options

₹20

Margins

Equity Delivery

1x As per exchange

Equity Intraday

5x As per exchange

Equity Futures

1x As per exchange

Equity Options

1x As per exchange

Currency Futures

1x As per exchange

Currency Options

1x As per exchange

Commodity Futures

1x As per exchange

Commodity Options

1x As per exchange

Platforms Offered

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 ApplicationDhan Web Trading PlatformOptions Trader

Other Details

Pros

Advantages and Strengths of this broker.

  • Available across various platforms such as a Mobile App, Web interface, and Trading View charting platform.
  • No hassle of SPAM calls, messages, or emails.
  • 24/7 customer support committed to resolving all customer concerns.
  • Provides a 50% discount on brokerage fees to encourage women's participation.

Cons

Disadvantages of this broker that it needs to improve upon.

  • A relatively high fee of ₹50 is charged for each call and trade executed.
  • The platform is not ideal for novice or beginner traders and investors.
  • Dedicated relationship managers for portfolio management services are not available.
  • Complimentary research reports, stock tips, or weekly recommendations are not offered.
  • Investment options in mutual funds, insurance, bonds, or debt instruments are not provided.

Additional Features

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

3-in-1 AccountComplimentary Trading CallsFree Market ResearchSMS NotificationsMargin FundingMargin Against Shares

Additional Features

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

Mutual FundsIPO ServicesDebt BondsExchange-Traded Funds (ETFs)Insurance Coverage