Dhan Review 2024 | Brokerage Charges, Margin, Demat Account (2024)

Dhan Review 2024 | Brokerage Charges, Margin, Demat Account (3)

302.68% 434,798 Clients

Dhan Account Opening Enquiry

Invest brokerage-free stock delivery trades. Pay a flat Rs 20 per trade for Intra-day and F&O. Open an instant account with Dhan and start trading today.

Incorporated in 2021, Dhan is a Mumbai-based financial services company operating primarily in India. In today's fast-paced world, every second or third person is looking for effective investment options to park their hard-earned money and create wealth in the long run, and Dhan is committed to providing these options.

Dhan is registered with SEBI as a stockbroker. In addition, Dhan is also registered with CDSL and with NSE, BSE and MCX stock exchanges to perform its functions. Dhan offers a variety of products including Stocks, ETFs, Options, Futures, Commodities, and Currency Trading. Overall, Dhan is an all-rounder that meets most of an investor's requirements very efficiently.

Dhan's brokerage charges are competitive and affordable for every type of investor. Dhan charges Rs. 20 per trade or 0.03% per transaction for intraday trading. Dhan's delivery charges for trading in stocks and ETFs are Rs. 0. Dhan also offers a 50% discount for female customers.

Dhan is a modern stock broking company that provides seamless and hassle-free platforms to investors and traders. Even a completely new investor or trader can conveniently invest in securities with the help of these trading platforms. The trading platforms include Dhan App (mobile applications) and Dhan Web (web-based platforms).

Some of the unique features of Dhan that set it apart from other competitors are:

  • Experienced management team leading the company.
  • Low and flat-rate brokerage charges.
  • The brokerage charge is Rs. 20 for most types of trades.
  • Technology-led and product-based broker.
  • Zero account opening and maintenance charges.
  • Multiple trading platforms for well-sorted trading.
  • User-friendly and simple trading process.
  • Innovative alternatives like small cases for investment.
  • Up to 4x leverage for investing and trading.
  • 50% lower brokerage charges for women.

Dhan Special Offer

Brokerage-free share delivery trading and AMC free demat account

  • Free account opening and Demat AMC +
  • Brokerage-free equity delivery and flat Rs 20 per trade for intraday and F&O +
  • Separate option trading APP.

This is a limited-time offer. Open an instant account online and start trading today.

Dhan Charges 2024

1. Dhan Account Opening Charges

Dhan online registration charges or Dhan account opening charges are Rs 0. The broker does not charge any fees for account opening or account maintenance. This is applicable to both, the Dhan Demat account and the Dhan Trading account.

TransactionCharges
Demat and Trading Account Opening ChargesRs 0 (Free)
Demat and Trading Account AMCRs 0 (Free)

2. Dhan Brokerage Charges

Dhan customers are not burdened with heavy costs on brokerage. The brokerages are very economical and easy. Dhan broking charges for Equity Delivery Trades, ETFs, and IPOs are nil. For equity intraday in all segments, the entity charges Rs 20 or 0.03% of trade value per executed order, whichever is lower. So, in this case, the maximum brokerage charge will be Rs 20/per trade only.

Equity DeliveryRs 0
Equity IntradayRs 20 or 0.03% of trade value, whichever is lower
Equity FutureRs 20 or 0.03% of trade value, whichever is lower
Equity OptionsRs 20 per executed order
Currency FuturesRs 20 or 0.03% of trade value, whichever is lower
Currency OptionsRs 20 per executed order
Commodity FuturesRs 20 or 0.03% of trade value, whichever is lower
Commodity OptionsRs 20 per executed order

2.1 Dhan Equity Charges

Dhan does not charge (zero) brokerage fees for equity delivery transactions.For intraday equity trades, brokerage charges are Rs 20 or 0.03% per executed order, whichever is lower. Dhan also offers a 50% discount to its female customers. The brokerage fee for female customers is Rs 10 per trade.

ChargesEquity (Delivery)Equity (Intraday)
BrokerageRs 0 (Zero Brokerage)Rs 20 or 0.03% per executed order whichever is lower
Transaction chargesBSE: 0.00375% | NSE: 0.00345%BSE: 0.00375% | NSE: 0.00345%
GST18% on brokerage + transaction charges + SEBI Turnover fees18% on brokerage + transaction charges + SEBI Turnover fees
Securities Transaction Tax (STT)0.1% on buy & sell0.025% on sell transactions
SEBI Turnover fees0.0001% of the turnover0.0001% of the turnover
Stamp Duty0.015% on turnover of buy orders0.003% on turnover of buy orders

2.2 Dhan F&O Charges

Dhan offers trading in futures and options to its customers. Brokerage fees in this segment are also low.Dhan charges 0.03% per trade or Rs 20 per trade (whichever is lower) for intraday transactions in futures (stocks). For Option, the charges are Rs 20 per executed order.

ChargesFuture (Equity)Options (Equity)
Brokerage20 per executed order or 0.03% per executed order, whichever is lowerRs 20 per executed order
Transaction chargesNSE: 0.002%NSE: 0.053%
GST18% on brokerage + transaction charges + SEBI Turnover fees18% on brokerage + transaction charges + SEBI Turnover fees
Securities Transaction Tax (STT)0.01% on sell side0.05% on sell side
SEBI Turnover fees0.0001% of the turnover0.0001% of the turnover
Stamp Duty0.002% only on buy orders0.003% only on buy orders

2.3 Dhan Currency Charges

The Dhan currency brokerage charge is Rs 20 per executed order or 0.03% (whichever is lower) for foreign exchange (futures). For foreign exchange (options), a flat fee of Rs 20 per executed order is charged. In addition, customers also have to pay taxes like STT, transaction tax, GST, SEBI charges and stamp duty.

ChargesCurrency (Futures)Currency (Options)
BrokerageRs 20 or 0.03% per executed order, whichever is lowerRs 20 per executed order
Transaction chargesNSE: 0.0009% BSE: 0.00022% Interest Rate Derivatives: 0.00015%NSE: 0.035% BSE: 0.001%
GST18% on brokerage + transaction charges + SEBI Turnover fees18% on brokerage + transaction charges + SEBI Turnover fees
Securities Transaction Tax (STT)No STTNo STT
SEBI Turnover fees0.0001% of the turnover0.00005% of the turnover
Stamp Duty0.0001% only on buy orders0.0001% only on buy orders

2.4 Dhan Commodity Charges

Another variety of financial security offered by Dhan is Commodity trading. Charges for commodity trades are Rs 20 per executed order or 0.03% per executed order, whichever is lower. For Commodity (options), brokerage charges are Rs 20 per executed order.

ChargesCommodity (Futures)Commodity (Options)
BrokerageRs 20 or 0.03% per executed order, whichever is lowerRs 20 per executed order
Transaction chargesGroup A, B : 0.0026%0.05%
GST18% on brokerage + transaction charges + SEBI Turnover fees18% on brokerage + transaction charges + SEBI Turnover fees
Securities Transaction Tax (STT)0.01% on sell side0.05% on sell side on sell transactions
SEBI Turnover fees0.0001% of the turnover0.0001% of the turnover
Stamp Duty0.002% only on buy order0.003% only on buy order

3. Dhan ETF Charges

An ETF is a collection of different stocks in an index such as the Nifty 50. This allowsinvestment in multiple stocks. It is a basket of stocks. Dhan charges a brokerage of Rs 20 per trade or 0.03% per executed order, whichever is lower, for Equity Intraday in the ETF segment. Equity delivery charges, on the other hand, are Rs 0. The fees for ETFs such as Securities Transaction Tax (STT), GST, etc., are the same as for equity delivery and intraday brokerage.

Visit Dhan Brokerage Charges Review for more detail.

Special Offer: Invest brokerage-free stock delivery trades. Pay a flat Rs 20 per trade for Intra-day and F&O. Open an instant account with Dhan and start trading today.

Dhan Online Account Opening

To start an investment journey with Dhan, you need to have access to its trading platforms and use itsfeatures. To do this, you need to open an account with the broker.

Fill out an online application form through the website or mobile app and simply register.

Below are the steps to open a Dhan account online:

  1. Go to the Dhan website or download Dhan Mobile App.
  2. On the home page, go to the "Open a demat account" tab.
  3. Enter your mobile number and verify it. Then add an email address and verify it through OTP.
  4. Set a 6-digit pin for the account.
  5. You can also add the referral code, if you have.
  6. Complete your KYC process by submitting mandatory documents like Pan Card, Aadhaar, Driving License,etc.
  7. Take a picture or upload your picture.
  8. Sign on a white paper, take a picture of it and upload it.
  9. Add correct annual income, profession and trading experience for account declaration.
  10. Enter Bank account details like IFSC code and account number.
  11. Your bank account will be verified.
  12. Set password for your Dhan account.
  13. Complete e-Sign with OTP on your aadhar linked mobile
  14. Verification at exchanges take 24-48 hours, post which account is ready to trade.

Dhan Trading Software (Dhan Trading Platforms)

Dhan Active customers use the company's trading platforms to place and execute their trades. The app offers various features through which traders can easily track market activity. Dhan currently has the following trading platforms:

  • Dhan web
  • Dhan Tradingview
  • Dhan App
  • Dhan Options Trader App
  • Dhan Options Trader Web

1. Dhan Web

web.dhan.co is a fast and efficient platform that always strives to improve users' trading experience. With a bigger screen and better experience, customers can keep track of the stock market.

  • Dhan Web is a fast and user-friendly platform with features like charts, indicators, quick fund withdrawals, trading view charts, 15-minute setup, instant margin and webhooks.
  • The platform is supported by facilities like Advanced Option Chain, Easy QR Login (for fast and secure login), Instant Margin & Pledge features and many more.

2. Dhan TradingView

Dhan TradingView is an accessible and easy-to-use platform that allows you to trade directly from TradingView.com. Customers can connect their Dhan account to TradingView.com. Following are some key features of Dhan TradingView:

  • 100+ Pre-Built Indicators
  • All segment trading available
  • Real-Time Data Analysis
  • Lower Brokerage benefits

You can connect Dhan to Tradingview.com trading panel and have access to all of its features.

3. Dhan App

Dhan App is a Mobile Application available for download on Google Play Store and App Store. The app is a comprehensive trading and investment platform developed for mobile phones. The application allows trading in Stocks, IPOs, Futures, Currencies, Commodities, and Options. The app is designed for all investors, including long-term investors and super traders.

Features of Dhan app:

  • Superfast Investment Experience
  • Advanced Option Chain
  • Smart SIPs in Stocks & ETFs
  • Smart Portfolio
  • Basket Orders for Strategy
  • Trader's Controls
  • Margin Trading Facility

4. Dhan Options Trader App

Dhan Options Trader App is an app designed specifically for Futures & Options Traders. This is a powerful trading app designed for an efficient experience when trading F&Os. Dhan Options App brings together all the essential and exciting features that an Options Trader wants, suchas:

  • Market Outlook
  • Pre-Built Strategies
  • Screener
  • Live Market Scan
  • Option Greeks
  • Pay-off Graphs

5. Dhan Options Trader Web

Dhan clients can access the Options Trader web platform from their desktops. This is a dedicated platform for options trading. It is equipped with resourceful options and offers numerous securities.

Some of the most important features of Dhan Options Trader Web are Free Custom Strategy Builder, Margin on Option Buying, Free Option Trading Ideas, Free Pre-Built Strategies and F&O Screener & Scanners.

Visit Dhan Trading Software Review for more detail.

Dhan Account Opening Enquiry

Invest brokerage-free stock delivery trades. Pay a flat Rs 20 per trade for Intra-day and F&O. Open an instant account with Dhan and start trading today.

Dhan Pros and Cons

Dhan Pros (Advantages)

The following are the advantages of Dhan. You must read Dhan advantages and disadvantages before opening an account with Dhan. Dhan pros and cons help you find if it suits your investment needs.

  • New Age Broker: Dhan is a new-age online stock broker primarily operating in the Indian financial market.
  • Safest, most reliable & trustworthy broker in India.
  • Execute large orders (qty more than freeze limit) smoothly.
  • Dedicated Option Trading platform - Web & App.
  • Zero cost API.
  • Rich with Data & Analytics tool.
  • Free options strategy builder.
  • Trade directly on Trading view charts.
  • Only Indian broker onTradingview.com's trading panel.
  • Special Order Types - Flash Trade, Basket order, Draft order, forever order, SIP order, Iceberg order, Trailing stop loss order.
  • Free Webhooks for trading view.

Dhan Cons (Disadvantages)

The following are the cons of Dhan. Check the list of Dhan drawbacks.

  • Doesn't provide stock tips, research reports or recommendations.
  • Monthly unlimited trading plans are not available.
  • Call & Trade is available at an additional fee of Rs 50 per executed order.
  • 3-in-1 trading account is not available as Dhan doesn't provide banking services.

Dhan Margin Exposure

Dhan margin for intraday trading is up to 20% of trade value (max 5x leverage) based on the stock. Dhan F&O intraday trading margin is 1.3x across Equity, Currency, and Commodity trading at BSE, NSE, and MCX. There is no additional margin offered for Dhan F&O carry forward positions and equity delivery trades.

SegmentMarginLeverage
Equity Delivery100% of trade value for T+5 days1x
Equity IntradayUp to 20% of trade value5x
F&O (Equity, Currency and Commodities)100% of NRML margin (Span + Exposure + Delivery margin)1x

Dhan Ratings

Overall RatingDhan Review 2024 | Brokerage Charges, Margin, Demat Account (4) 2.9/5
FeesDhan Review 2024 | Brokerage Charges, Margin, Demat Account (5) 4.0/5
BrokerageDhan Review 2024 | Brokerage Charges, Margin, Demat Account (6) 3.3/5
UsabilityDhan Review 2024 | Brokerage Charges, Margin, Demat Account (7) 3.3/5
Customer ServiceDhan Review 2024 | Brokerage Charges, Margin, Demat Account (8) 2.2/5
Research CapabilitiesDhan Review 2024 | Brokerage Charges, Margin, Demat Account (9) 2.4/5

Based on 18 Votes by Dhan Customers

Do you trade with Dhan? Rate Dhan

Dhan Complaint

The number of Dhan customer complaint received by the exchanges. The Dhan consumer complaint report helps understanding the Moneylicious Securities Pvt Ltd quality and relibility of service.

ExchangeFinancial YearNumber of Clients*Complaints**%
NSE2023-24434,7981870.04%
BSE2023-24103,00920%
NSE2022-23107,976140.01%
NSE2021-2232,38810%
NSE2020-2152830.57%
NSE2019-2036020.56%
NSE2018-1926451.89%

* The number of active customers reported by the broker.

** The total number of complaints received against the broker at the given exchange.

Visit Dhan Complaints at BSE, NSE and MCX for detail report.

Dhan offers not only low brokerages and easy platforms but also very attractive margin facilities. In margin trading, the client trades with borrowed money by depositing a small portion of the actual trade value.

Dhan allows you to trade and invest with 4X leverage on over 950 stocks.

Some of the benefits of Margin Trading Facilities are:

  • Unlimited Holding Period
  • Integrated Order Flow
  • MTF Funding Estimator
  • Dedicated MTF Section
  • 950+ Scrips
  • Interest Free Funding (T+1 days)
  • No Hidden Charges
  • Easy Pledge Process

Frequently Asked Questions

  1. 1. What is Dhan company?

    Dhan is an online tech-led broking company. The company was founded in 2021 and provides trading and investment services. The company offers the following securities for investment: Equities, commodities, currencies, futures, and options.

    The company has several trading platforms through which customers can trade and invest.

    Some of the features that set Dhan apart from its competitors:

    • Free Account opening and maintenance
    • Low Brokerage Charges
    • Discount for female customers.
    • Technology driven product-based entity
    • Quick Account opening process
  2. 2. Is Dhan a good broker?

    Yes, Dhan is a decent broker with numerous facilities and benefits for all types of market participants. Dhan is registered with SEBI as a stockbroker. The company operates in India and started its operations in 2021. The company has over 2 lakh customers.

    Dhan Online Trading generally targets Super Traders and individuals looking for long-term investments. The company has online trading platforms for its users. Anyone with a Dhan account has access to all these platforms and the features available on them..

  3. 3. Is Dhan free?

    Yes, many of the products and facilities used by Dhan's customers are free or charged at a very low cost.

    • Opening a Dhan demat account and a Dhan trading account is free of charge. There are no charges for them.
    • Dhan Trading/Demat Account Annual Maintenance Charges are Rs 0.
    • Dhan does not charge any fees or charges for accessing its trading platforms.
    • Dhan Brokerage for Equity Delivery Trading, ETFs and IPO is Rs 0.
  4. 4. Is Dhan a discount broker?

    Yes, Dhan is a tech-led broker. The company has a simple brokerage model. Dhan's fees for stock, ETF and IPO delivery are zero. The intraday charges for Equity and Futures are 0.03% per trade or Rs. 20 per trade (whichever is lower). Options trading is flat Rs. 20 per order.

    Dhan charges its female customers Rs. 10 per trade for intraday trading in equities, F&O, Currency and Commodity segments.

  5. 5. What are the offers of Dhan trading?

    There are various programs that Dhan offers to its customers. To name a few:

    • Dhan Offers Free account opening and AMC.
    • Offers to trade in Stocks, Commodities, Currency, ETFs, Futures & Options.
    • No brokerage charges on Equity Delivery, and ETFs.
    • 4X Margin Trading Facility.
    • Trading on TradingView.
    • Smallcases on Dhan.
    • DhanHQ Trading APIs.
    • Dhan Refer and Earn offer.
  6. 6. Who is the owner of Dhan?

    Dhan Founder & CEO is Mr Pravin Jadhav. He was previously with Paytm Money as managing director and CEO.

    Alongside, Mr.Alok Pandey and Mr.Jay Gupta are the Co-Founders of the company. Alok Pandey is also the CTO and Jay Gupta is the COO of Dhan.

  7. 7. What are the products of Dhan trading?

    Dhan offers the opportunity to invest and trade through its trading platforms, which are enshrined with convenient features and user-friendly modes. The company has developed several platforms and products that it offers to its customers like:

    • Dhan App
    • Dhan Web
    • Dhan Options Trader App
    • Dhan Options Trader Web
    • Trade on tv.dhan.co
    • Connect to TradingView
    • Dhan HQ Trading APIs
    • Smallcases on Dhan

    Dhan offers investing and trading in Stocks, ETFs, Currency, Futures, & Options, and Commodity. Dhan also provides investment in IPOs.

  8. 8. What are the features of Dhan trading?

    Dhan has various exciting features to suit the requirements of a trader as well as new investor. For traders, the entity offers:

    • No brokerage charges on Equity Delivery, and ETFs.
    • 4X Margin Trading Facility.
    • Smallcases on Dhan.
    • Technology-led and product-based platforms
    • Dhan Options Trader

    For investors looking for long-term investments and built wealth, Dhan provides:

    • DhanHQ Superfast APIs
    • After Market orders
    • Forever Order
    • Dividend Tracking
    • Transfer of Shares to Dhan
    • Marking Long-term investments
  9. 9. How to close Dhan account?

    To close a Dhan Account, you will have to download the form from the Dhan website. Currently, the account closing process is available only in offline form.

    To download Dhan Account Closing form, you will have to:

    • Go to Dhan website
    • Click on Download Center
    • Open Account Closure Form

    Now, fill out the Dhan Closure Form with all the requisite information.

    The customer will be required to state the reasons for closing the Dhan account. Also, ensure to clear all your dues in relation to the account.

    There are no account closing charges.

  10. 10. What is dhan refer and earn?

    Customers can refer Dhan to their family and friends and earn lifetime referral bonuses. For each trade made by the referred customer, the referrer receives 20% of the brokerage.

    Dhan customers can use the "Refer and Earn" feature after they place their first trade. To refer friends, simply share a unique referral code via WhatsApp, Twitter, Telegram, etc. Customers can receive a daily credit for the referral and cash out these rewards.

    In the 'Refer Friends and Earn' section of your Dhan App, you will get an option to 'Find Friends already using Dhan', which is directly mapped via phone numbers. You will be able to invite friends to Dhan.

  11. 11. What is dhan trading?

    Dhan is an Indian financial services company that offers services such as investment and trading in financial securities. At Dhan, clients can trade in Equity, ETF, IPO, Currency, Futures & Options, and Commodities.

    Dhan Trading Features:

    • Free Account Opening
    • No brokerage on Equity Delivery, ETFs and IPO.
    • Maximum brokerage of Rs. 20 per trade
    • Efficient trading platforms.
    • 50% discount on brokerage for female customers.
  12. 12. What is Dhan demat and trading account?

    Dhan account is a combination of two accounts, i.e. Dhan Demat Account and Dhan Trading Account (2-in-1).

    The Dhan Demat account is the account that allows customers to hold financial securities in dematerialized form with Dhan. They can easily trade and invest in securities without worrying about carrying physical certificates.

    Dhan Trading Account is an online account that offers trading facilities. The account offers various features that ensure smooth and hassle-free trading at all times.

Special Offer: Invest brokerage-free stock delivery trades. Pay a flat Rs 20 per trade for Intra-day and F&O. Open an instant account with Dhan and start trading today.

37 Comments

37.Nitish Songara || Link|March 22, 2024 10:11:22 AMReply

Good than others

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Research Capabilities - Excellent
Customer Service - Excellent
Overall Experience - Excellent

36.Abhishek Kushwah || Link|March 19, 2024 10:22:11 PMReply

ZERO BROKERAGE FOR LIFETIME CLICK THIS LINK AND SIGN UP https://join.dhan.co/?invite=CVDBG55749

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Research Capabilities - Excellent
Customer Service - Excellent
Overall Experience - Excellent

35.Abhishek || Link|March 1, 2024 11:28:39 AMReply

The one thing which is very annoying for DHAN is that customer service people are not reachable. Pathetic service by Dhan. Zerodha Customer service people are prompt enough to pick the calls.

Ratings:

Brokerage - Average
Account Maintenance Fees - Below Average
Website Usability - Above Average
Research Capabilities - Above Average
Customer Service - Very Poor
Overall Experience - Below Average

34.Nirmal Singh || Link|February 5, 2024 3:54:56 PMReply

There Customer care is totally useless. I tried to connect with care using phone, The waiting time is 45Min and current waiting.
Too many bugs and sometimes it stuck in transation. Unable to exit the trade sometime.

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Average
Website Usability - Below Average
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor

33.Dj || Link|January 30, 2024 10:40:53 AMReply

Mobile app is good but the website is not as good. Customer service is worst... it takes at least 15 mins for them to get connected to customer representive.

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Average
Research Capabilities - Below Average
Customer Service - Very Poor
Overall Experience - Excellent

32.SAROJ KUMAR PRADHAN || Link|January 27, 2024 5:39:47 AMReply

trade in chartview os a good facilty.
Downside is stoploss is not enabled from +tab available ,where buying & selling is possible.
this would be a great improvement

Ratings:

Brokerage - Average
Account Maintenance Fees - Average
Website Usability - Above Average
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Below Average

31.Milind patil || Link|January 15, 2024 4:28:05 PMReply

Chart good
Worst customer care service
So many times software issue order not accepted
Server down so many times
If you are option trader it’s risky to trade with dhan

30.DEEPAK GUPTA || Link|January 14, 2024 7:19:12 AMReply

Very good platform with lots of information

Ratings:

Brokerage - Above Average
Account Maintenance Fees - Above Average
Website Usability - Above Average
Research Capabilities - Below Average
Customer Service - Average
Overall Experience - Above Average

29.subapriya jayachandran || Link|January 9, 2024 12:45:34 PMReply

SERVICE not good. No response even for mail.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Above Average
Website Usability - Average
Research Capabilities - Average
Customer Service - Very Poor
Overall Experience - Below Average

28.Sachin || Link|September 5, 2023 4:17:47 PMReply

Worst and Disastrous broker in the broking industry. Dhan app (Moneylicious broker) is full of Technical glitches. Complaints raised to SEBI regarding loss of Rs. 84,000/- due to technical glitch. SEBI and NSE supports this broker. Laws are against Investors. Dont choose Dhan app, go for any other broker.

28.1.Syed || Link|January 3, 2024 12:06:52 PM

I am also facing the same issue , after Complaints in SEBI and NSE your amount refunded ore not

27.India || Link|December 14, 2023 4:31:48 AMReply

Dislike. Improve your app as angel one app. In this dhan brokerage Some future is hidden. As like dp charges & other charges. App ledger, pnl in app etc.

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Average
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Below Average

26.Name || Link|November 13, 2023 10:27:55 PMReply

Best trading platform and customer service

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Research Capabilities - Excellent
Customer Service - Excellent
Overall Experience - Excellent

25.PS || Link|November 4, 2023 10:40:50 PMReply

Half baked website. No functionality is complete. AMATEUR platform

Ratings:

Brokerage - Below Average
Account Maintenance Fees - Excellent
Website Usability - Very Poor
Research Capabilities - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor

24.Nikhita || Link|November 4, 2023 11:39:14 AMReply

Worst Broker I had ever seen.
For commodity the app got hanged and i knew i wanted to exit the trade with 18,000/- profit but for 3 days i could not exit the trade. Customer services is loaded with illiterate employees they dont solve your problem at all. They just tell you to mail them and again in mail you dont receive any satisfactory solution. After having 18,000/- profit and could not exit i end up exiting the trade after 3 days with 84,000/- loss as customer service and complaint to their said email was of no use. It is a big scam.... Everyday after 3.10 app starts getting hang and your not able to exit the trades.. No derserving executive is there to help you ever and talking about customer service calling time its not less than 25 mins every single time. I am a trader since 3 years and i had never faced such scam and loss before of broker ever.... Any other broker will do but not dhan...

23.KS || Link|September 30, 2023 4:27:42 PMReply

Excellent!

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Research Capabilities - Excellent
Customer Service - Excellent
Overall Experience - Excellent

22.Puneet || Link|August 27, 2023 7:25:33 PMReply

Best app, best speed. A must have for traders

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Research Capabilities - Above Average
Customer Service - Above Average
Overall Experience - Excellent

21.pramila v roy || Link|August 27, 2023 9:51:55 AMReply

I am not facing so much issues as reported broker is ok

20.Rahul || Link|August 17, 2023 5:45:08 PMReply

Continuosly crash on 14th,15,16,17 of August...retailers lost crores of rupees.....don't use this app...peak load hours glitches are high....dot recommend this brocker at all....withdraw also problem with this brocker....

19.Dinesh || Link|August 16, 2023 11:26:05 AMReply

Delivery trade of 14Aug still not showing in holdings.Added fund not been updated after I many complaint. To connect with customer care is as difficult as to reach on moon.Overall my experience with Dhan is worst.Will shift all holdings to Angel one through CDSL.Suggest new traders/ investors not to open account with Dhan. It's a जुगाड app.Technology is only show not real.

18.Cebazel || Link|August 14, 2023 4:49:04 PMReply

Mobile app crashed.... Today at peak 3.05 pm & recover after market close... Profit going .... convert in loss when recovery occur

Ratings:

Brokerage - Below Average
Account Maintenance Fees - Below Average
Website Usability - Below Average
Research Capabilities - Average
Customer Service - Very Poor
Overall Experience - Very Poor

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Dhan Review 2024 | Brokerage Charges, Margin, Demat Account (52)
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Dhan Review 2024 | Brokerage Charges, Margin, Demat Account (53)Zerodha

Free Eq Delivery & MF
Flat ₹20 Per Trade in F&O

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Dhan Review 2024 | Brokerage Charges, Margin, Demat Account (55)Kotak Securities
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Dhan Review 2024 | Brokerage Charges, Margin, Demat Account (60)

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Dhan Review 2024 | Brokerage Charges, Margin, Demat Account (61)

Dhan Review 2024 | Brokerage Charges, Margin, Demat Account (2024)

FAQs

Dhan Review 2024 | Brokerage Charges, Margin, Demat Account? ›

Dhan Brokerage Charges - 2024

What are the charges for Dhan intraday margin? ›

Dhan Brokerage Charges

Dhan broking charges for Equity Delivery Trades, ETFs, and IPOs are nil. For equity intraday in all segments, the entity charges Rs 20 or 0.03% of trade value per executed order, whichever is lower. So, in this case, the maximum brokerage charge will be Rs 20/per trade only.

What is the STT charges on Dhan? ›

The STT charges for both selling and buying equities delivery is 0.1%. The transaction value is Rs. 1,00,000 and the STT rate is 0.1%. So, you will pay Rs 100 in STT when you buy the shares and another 100 in STT when you sell them.

What is the charge of Dhan TradingView? ›

Pay a flat Rs 20 per trade for Intra-day and F&O. Open an instant account with Dhan and start trading today. Dhan offers the best and most important features of the TradingView console on tv.dhan.co.

What are the charges for Dhan Dematerialisation? ›

Dhan Demat Account Charges 2024

Dhan is a CDSL depository participant that allows clients to open a Demat account to hold stocks, securities, and ETFs - all in one place. At Dhan, the demat account is free with Rs 0 account opening charges and there is no demat account maintenance fee either.

Is there a fee for margin trading? ›

The margin rate you pay depends on your outstanding margin balance—the higher your balance, the lower the margin rate you are charged.

What is margin used in Dhan? ›

Margin Trading Facility (MTF) allows equity traders to take up leveraged positions. What this means is simple - the trader will pay a fraction of the position value while the broker funds the remaining amount. At Dhan, we give up to 4X leverages on 1000+ stocks.

Is Dhan a good broker? ›

Dhan has a very competitive brokerage structure, especially for intraday trading. For equity intraday trades, Dhan charges a flat fee of ₹20 per trade or 0.03% of the trade value, whichever is lower. For delivery trades, Dhan does not charge any brokerage.

How can I avoid STT charges? ›

Whether it is purchase and sale of shares or mutual fund units, STT will stay and cannot be avoided.

How to see brokerage charges in Dhan? ›

At Dhan, our pricing model is as follows:
  1. Account Opening, AMC & Platform Fees- Rs 0.
  2. Delivery Trade in Equity, ETFs & IPOs- Rs 0.
  3. Intraday Trade in Equity and All Futures- Rs 20 or 0.03% of trade value, whichever is lower.
  4. Intraday Trade in Currency & Commodity- Rs 20 or 0.03% of trade value, whichever is lower.

Is Dhan Sebi registered? ›

Dhan is a SEBI-regulated trading platform and a Depository Participant (DP) compliant with all rules and regulations.

Which broker has the lowest charges? ›

Examples of brokers with Lowest brokerage charges in India include Zerodha, Angel One & Kotak Securities . These platforms often appeal to traders and investors seeking cost-effective options with transparent fee structures, providing a variety of financial instruments at competitive rates.

Is Dhan TradingView free? ›

You can also use TradingView free charts on tv.dhan.co. which is an exclusive offering by Dhan that allows access to free charting features and drawing tools. If you already have a Dhan account, you can access TradingView charts in minutes.

What is the fee for Dhan margin pledge? ›

(i) A fee at the rate of ₹ 5.00 for each margin pledge initiation and each margin pledge release between the account of the client and the account of the Trading Member or Clearing Member shall be charged to the Participant of the Client and Participant of Trading Member or Clearing Member respectively.

Which is best, groww or Dhan? ›

Groww is rated 3.9 of 5 based on 93 customer reviews whereas Dhan is rated 2.9 of 5 based on 20 customer reviews.

How can I avoid demat transaction charges? ›

One way of reducing your Demat charges, particularly if you are not an active trader, is to open a Basic Services Demat Account. They have been defined by SEBI as low-cost Demat accounts for investors who cannot invest regularly. As mentioned above, in some cases, the annual maintenance charges can be waived.

What is the charge of intraday margin? ›

Intraday and F&O trades

Flat ₹ 20 or 0.03% (whichever is lower) per executed order on intraday trades across equity, currency, and commodity trades.

What is the margin penalty on intraday trading? ›

Penalty amount in case of shortfall

If shortfall margins continue for more than 3 consecutive days, then a penalty of 5% of the shortfall amount will be levied for each day of continued shortfall after the 3rd day of shortfall.

What are the transaction charges for intraday trading? ›

Intraday trading charges include transaction fees payable to the exchanges as well as SEBI turnover fees. NSE imposes transaction fees at 0.00325% of the transaction value, while BSE has a fixed charge. SEBI turnover fees are at Rs15 per Rs1cr of the transactions.

What is the charge of intraday auto square off charges in Dhan? ›

₹ 20 / order + GST. For intraday order automatically squared by our team before market closure. ₹ 50 / order + GST. For every order placed through our trade desk.

References

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