Dhan Products and Services 2024

Forever order in Dhan is a good till-triggered order that gets triggered when the stock reaches a certain specified price level. Once the price is triggered, the order is automatically placed on the exchange for execution. Currently, users can place a forever order on Dhan App/Web only on the buy side. Forever order is a delivery order and is valid for 1 year.

No one is a full-time trader or an investor, therefore, Dhan allows customers to place an after-market order even after the market trading hours and the order gets executed during market hours. Dhan is the first broker in the broking space to provide inline AMO experience. There is no separate AMO option or tag, as any order (market order or limit order) placed after the market hours is now inline and treated as AMO. Dhan AMO orders can be placed for both buy and sell in cash as well as F&O segments.

An interesting feature on AMO orders is Dhan users have the option to execute the order after 30 minutes or after 60 minutes of market opening to avoid the risk of high market volatility. The AMO orders will be visible in the orders tab on Dhan App and website. Users can cancel AMO orders anytime before order execution.

Dhan users can pledge shares or holdings to avail margin trading facility. Pledging happens in real-time on Dhan App and web platform. Check the process on how to pledge shares in Dhan;

1. Log in to the Dhan app.
2. Go to the “Money tab” and select the shares you want to pledge.
3. Tap on the “Proceed to Pledge shares” option.
4. Confirm pledge request.
5. The page will be redirected to the CDSL depository, enter the OTP to verify the margin pledge transaction request.
6. The pledge request has been sent.
7. After authorization, you will receive the margin benefit within 24-48 hours.

Dhan Pledging Charges: Rs 12.5 for each ISIN transaction + GST

Dhan allows its clients to apply for shares buyback through the web portal. Follow these steps to apply for buyback;

1. Log in to the Dhan web portal.
2. Go to the Money section.
3. On the left-side, tap on the “Shares buyback” option.
4. The screen will display all the open buyback offers.
5. Click on the scrip, you wish to apply for buyback in.
6. Enter the quantity and other details.
7. Recheck and confirm to proceed the buyback request.
8. The buyback order will be displayed in the “My Requests” tab.

Trailing stop-loss order is a special order feature for traders to lock your target profits and also cover your risk from falling prices. Check steps to place trailing stop-loss order in Dhan app/web;

1. Log in to your Dhan trading account.
2. Tap on Portfolio and click on “Positions”
3. Click on the scrip and tap on the “Add” option available just right to the Naked position, add stop-loss loss.
4. Now, three options; stop-loss, trailing stop-loss, and target will be displayed on the screen.
5. Toggle to the Trailing Stop-loss order.
6. Input the quantity, use the toggle option to select market order or limit order, and enter the trigger price.
7. Recheck all details and tap on “Sell” to place trailing stop-loss order.