INDmoney Vs Dhan
INDmoney
INDmoney Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
Dhan
Dhan Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
INDmoney Vs Dhan - Broker Details
| INDmoney | Dhan | |
|---|---|---|
| Single Margin Facility |
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| Year of Incorporation | 2019 | 2021 |
| Exchanges | NSE, BSE and MCX | NSE, BSE, MCX and NCDEX |
| Branches | 966 | Zero |
| Brokerage | 0.05% or up to ₹20/Per Order | ₹20 or 0.03% per completed order |
| Broker Type | Discount Broker | Discount Broker |
INDmoney Vs Dhan - Account Opening & AMC Charges
| INDmoney | Dhan | |
|---|---|---|
| Trading Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account Opening Charge | ₹0 (Free) | ₹0 (Free) |
| Demat Account AMC | ₹0 (Free) | ₹0 (Free) |
| Trading Account AMC | ₹0 (Free) | ₹0 (Free) |
INDmoney Vs Dhan - Brokerage charges & Plans
| INDmoney | Dhan | |
|---|---|---|
| Commodity Futures | N/A | ₹20 or 0.03% per completed order |
| Currency Futures | 0.05% or up to ₹20/Per Order | ₹20 or 0.03% per completed order |
| Equity Delivery | 0.05% or up to ₹20/Per Order | ₹0 Zero Brokerage (Equity Delivery |
| Equity Options | 0.05% or up to ₹20/Per Order | ₹20 per completed order |
| Commodity Options | N/A | ₹20 per completed order |
| Equity Futures | 0.05% or up to ₹20/Per Order | ₹20 or 0.03% per completed order |
| Currency Options | 0.05% or up to ₹20/Per Order | ₹20 per completed order |
| Fixed Charges | 0.05% or up to ₹20/Per Order | ₹20 or 0.03% per completed order |
| Equity Intraday | 0.05% or up to ₹20/Per Order | ₹20 or 0.03% per completed order |
INDmoney Vs Dhan - Other Charges
| INDmoney | Dhan | |
|---|---|---|
| RMS Square Off Charge | ₹50 per position | ₹20/Order |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹50 per position | ₹50/Order |
| Other Brokerage Charges | 0.05% or up to ₹20/Per Order | ₹20 or 0.03% per completed order |
| Minimum Brokerage | 0.05% or up to ₹20/Per Order | ₹20 or 0.03% per completed order |
INDmoney Vs Dhan - Transaction Charges
| INDmoney | Dhan | |
|---|---|---|
| Currency Options | NSE: 0.035 % And | BSE: 0.001% On Options Premium Value | NSE: 0.035% | BSE: 0.001% |
| Equity Futures | NSE: 0.00195% on total turnover value | NSE: 0.002% |
| Equity Intraday | NSE - 0.00325% | BSE- 0.00375% | BSE: 0.00375% | NSE: 0.00345% |
| Equity Options | NSE: 0.053% on premium value | NSE: 0.053% |
| Commodity | Non-Agri: 0.00210% On Turnover For A Category (Near & Next Month TO ) 0.0013% On Turnover For A Category (FAR Month TO) 0.00175% On Turnover For B Category Agri: 0.006% On Turnover For A Category 0.002% On Turnover For B Category 0.0001% On Turnover For C Category Special Charges For Following Scrips: 0.0005% On Turnover For CASTORSEED 0.0005% On Turnover For KAPAS 0.00005% On Turnover For PEPPER 0.001% On Turnover For RBDPMOLEIN | 0.05% | Future - Group A, B : 0.0026% |
| Currency Futures | NSE: 0.0009% On Futures Turnover value | BSE: 0.00022% On Futures Turnover value | NSE: 0.0009% | BSE: 0.00022% | Intrest Rate Derivatives: 0.00015% |
| Equity Delivery | NSE - 0.00325% | BSE- 0.00375% | BSE: 0.00375% | NSE: 0.00345% |
INDmoney Vs Dhan - Margin (Exposure)
| INDmoney | Dhan | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure)) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x(100% of NRML margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure)) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure)) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure)) |
| Equity Delivery | 1x (no margin) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure)) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure)) |
INDmoney Vs Dhan - Features
| INDmoney | Dhan | |
|---|---|---|
| Online Portfolio |
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| Algo Trading |
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| Margin Trading Facility |
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| Call & Trade Facility |
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| Referral Program |
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| Collateral Margin |
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| Online Demo |
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| 3 in 1 Account |
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| Charting |
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| Intraday Square-off Time | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App |
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| SMS Alerts for Trades |
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| Direct Mutual Fund |
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INDmoney Vs Dhan - Review & Rating
| INDmoney | Dhan | |
|---|---|---|
| Trading Brokerage | ||
| Customer Service | ||
| Fees | ||
| Trading Platform Usability | ||
| Mobile App | ||
| Research | ||
| Desktop Software | ||
| Overall Ratings | ||
| Broker Rating | ||
INDmoney Vs Dhan - Request a call back from Broker
| INDmoney | Dhan | |
|---|---|---|
INDmoney Vs Dhan - Investment Options
| INDmoney | Dhan | |
|---|---|---|
| Currency |
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| IPO |
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| Commodity |
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| Debt |
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| Other Options |
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| Stock Cash / Equity |
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| Mutual Funds |
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| Bond / NCD |
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INDmoney Vs Dhan - Order Type
| INDmoney | Dhan | |
|---|---|---|
| Bracket Order/BO/OCO |
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| BTST |
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| Cover Order/CO |
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| Good Till Cancelled (GTC) |
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| BUY ABOVE/SELL BELOW (SL-M) |
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| After Market Order(AMO) |
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| STBT |
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INDmoney Vs Dhan - Research & Report
| INDmoney | Dhan | |
|---|---|---|
| Free Tips |
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| Quarterly Result Analysis |
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| Daily Market Report |
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| News Alerts |
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INDmoney Vs Dhan - Daily Market Report
| INDmoney | Dhan | |
|---|---|---|
| Daily Market Reports & News |
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INDmoney Vs Dhan - Suitable For Investor
| INDmoney | Dhan | |
|---|---|---|
| Casual Investor |
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| Active Investor |
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| Trader |
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INDmoney Vs Dhan - Pros & Cons
| INDmoney | Dhan | |
|---|---|---|
| Pros | 1. User-Friendly Platform 2. It provides the most advanced trading platforms. 3. All-in-One Financial App 4.INDMoney facilitates goal-based investing, helping users set and achieve financial objectives 5. The broker offers responsive customer support to address inquiries and provide assistance whenever needed. | 1. Wide range of investment options, 2. Competitive fees and commissions, 3. Robust research and analysis tools, 4. User-friendly trading platform, 5. Strong customer support services |
| Cons | 1.Limited Global Investment Options 2.Limited Advanced Trading Features 3. INDMoney primarily operates through its app, which might not be suitable for investors who prefer traditional phone or in-person customer support. | 1. Limited availability of certain investment options, 2. Inconsistent customer service experiences, 3. Occasional technical issues with the trading platform, 4. Lack of advanced trading, features for experienced investors, 5. Higher account minimums or fees compared to other brokers |
INDmoney Vs Dhan - Background
| INDmoney | Dhan | |
|---|---|---|
INDmoney Vs Dhan - Compare All Brokers
| INDmoney | Dhan | |
|---|---|---|
INDmoney Vs Dhan - STT/CTT
| INDmoney | Dhan | |
|---|---|---|
| Commodity Futures | 0.01% only on sell side Non-Agri | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on the Sell Side |
| Equity Options | 0.05% only on sell (On Premium) | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.01% only on sell | 0.01% on Sell Side |
| Commodity Options | 0.05% only on sell side | 0.05% on sell side |
INDmoney Vs Dhan - Demat transaction charges
| INDmoney | Dhan | |
|---|---|---|
| Equity Demat Transaction Charges | ₹250/ per certificate | ₹12.50 / instruction / ISIN + GST |
INDmoney Vs Dhan - GST
| INDmoney | Dhan | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
INDmoney Vs Dhan - SEBI Charges
| INDmoney | Dhan | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
INDmoney Vs Dhan - Account Opening & AMC Charges
INDmoney
Dhan
Trading Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account Opening Charge
₹0 (Free)
₹0 (Free)
Demat Account AMC
₹0 (Free)
₹0 (Free)
Trading Account AMC
₹0 (Free)
₹0 (Free)
INDmoney Vs Dhan
| INDmoney | Dhan | |
|---|---|---|
INDmoney Account Opening Process, Charges, and Documentation Details |
Dhan Review 2024Dhan is .. |
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Dhan
Dhan Review gives an overall view and updates about the Brokerage Charges, Margin, Trading Software, Demat Account Charges, NRI Account, Branches, Customer Complaints
INDmoney Vs Dhan - Brokerage charges & Plans
| INDmoney | Dhan | |
|---|---|---|
| Commodity Futures | N/A | ₹20 or 0.03% per completed order |
| Currency Futures | 0.05% or up to ₹20/Per Order | ₹20 or 0.03% per completed order |
| Equity Delivery | 0.05% or up to ₹20/Per Order | ₹0 Zero Brokerage (Equity Delivery |
| Equity Options | 0.05% or up to ₹20/Per Order | ₹20 per completed order |
| Commodity Options | N/A | ₹20 per completed order |
| Equity Futures | 0.05% or up to ₹20/Per Order | ₹20 or 0.03% per completed order |
| Currency Options | 0.05% or up to ₹20/Per Order | ₹20 per completed order |
| Fixed Charges | 0.05% or up to ₹20/Per Order | ₹20 or 0.03% per completed order |
| Equity Intraday | 0.05% or up to ₹20/Per Order | ₹20 or 0.03% per completed order |
INDmoney Vs Dhan - Margin (Exposure)
| INDmoney | Dhan | |
|---|---|---|
| Equity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure)) |
| Equity Intraday | 5x (Up to 20% of trade value) | 5x (Up to 20% of trade value) |
| Currency Options | 1x(100% of NRML margin (Span + Exposure)) | 1x (100% of NRML margin (Span + Exposure)) |
| Commodity Options | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure)) |
| Commodity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure)) |
| Equity Delivery | 1x (no margin) | 1x (100% of trade value) |
| Currency Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure)) |
| Equity Futures | 1x (100% of NRML margin (Span + Exposure) | 1x (100% of NRML margin (Span + Exposure)) |
INDmoney Vs Dhan - Other Charges
| INDmoney | Dhan | |
|---|---|---|
| RMS Square Off Charge | ₹50 per position | ₹20/Order |
| API Charges | N/A | ₹0 (Free) |
| Call & Trade Charges | ₹50 per position | ₹50/Order |
| Other Brokerage Charges | 0.05% or up to ₹20/Per Order | ₹20 or 0.03% per completed order |
| Minimum Brokerage | 0.05% or up to ₹20/Per Order | ₹20 or 0.03% per completed order |
INDmoney Vs Dhan - STT/CTT
| INDmoney | Dhan | |
|---|---|---|
| Commodity Futures | 0.01% only on sell side Non-Agri | 0.01% on sell side (Non-Agri) |
| Currency Futures | No STT | No STT |
| Equity Intraday | 0.025% only on sell | 0.025% on the Sell Side |
| Equity Options | 0.05% only on sell (On Premium) | 0.05% on Sell Side(on Premium) |
| Currency Options | No STT | No STT |
| Equity Delivery | 0.1% on both buy & sell | 0.1% on both Buy and Sell |
| Equity Futures | 0.01% only on sell | 0.01% on Sell Side |
| Commodity Options | 0.05% only on sell side | 0.05% on sell side |
INDmoney Vs Dhan - Demat transaction charges
| INDmoney | Dhan | |
|---|---|---|
| Equity Demat Transaction Charges | ₹250/ per certificate | ₹12.50 / instruction / ISIN + GST |
INDmoney Vs Dhan - GST
| INDmoney | Dhan | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | 18% on (Brokerage + Transaction Charge) | 18% on (Brokerage + Transaction Charge) |
INDmoney Vs Dhan - SEBI Charges
| INDmoney | Dhan | |
|---|---|---|
| Equity/Currencies/Commodities ( Delivery & FNO) | ₹10/Crore | ₹10/Crore |
INDmoney Vs Dhan - Features
| INDmoney | Dhan | |
|---|---|---|
| Online Portfolio |
|
|
| Algo Trading |
|
|
| Margin Trading Facility |
|
|
| Call & Trade Facility |
|
|
| Referral Program |
|
|
| Collateral Margin |
|
|
| Online Demo |
|
|
| 3 in 1 Account |
|
|
| Charting |
|
|
| Intraday Square-off Time | Equity Cash: 03:21 PM | Equity F&O :03:18 PM | Currency: 4:45 PM | Commodities: 11:20 PM | Equity & F&O:- 3:20pm | Currency: 4:30PM | Commodities: 11:20 PM |
| Trading Platform | 1. INDmoney Online Web Portal, 2. INDmoney Mobile App |
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| SMS Alerts for Trades |
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| Direct Mutual Fund |
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