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Dhan Vs Mangal Keshav: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of Dhan Max Rs 20 per trade while the brokerage of Mangal Keshav ranges between 0.03% to 0.30%. Dhan is a Discount Broker where Mangal Keshav is a Full Service Broker. Overall rating for both the brokers are equal with rating 3 out of 5. Number of active customer for Dhan is 3,85,819 where number of active customer for Mangal Keshav is 6,931. Dhan is serving more customer compare to Mangal Keshav.

Here we present side-by-side comparison of Dhan vs Mangal Keshav share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Dhan vs Mangal Keshav's on brokerage plans, Plan types, Customer Service, Maintenance fees, AMC, Trading Platforms, Rating, Reviews, Mobile App, Margin/Leverage/Exposure, Demat Account and Investment Options provided to Share Brokers in India. This will help you in make up your mind and clear things for you so that you can choose the best broker for youself. We also help our visitors with account opening.

Here we present side-by-side comparison of Dhan vs Mangal Keshav share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared Dhan vs Mangal Keshav's on

  • Brokerage plans
  • Plan types
  • Customer Service
  • Maintenance fees
  • AMC
  • Trading Platforms
  • Rating
  • Reviews
  • Mobile App
  • Margin/Leverage/Exposure
  • Demat Account
  • Investment Options
  • And many more attributes

This will help you in make up your mind and clear things for you so that you can choose the best broker for yourself. We also help our visitors with account opening.

Compare Dhan vs Mangal Keshav on Service

  Dhan Compare
Dhan
Mangal Keshav Compare
Mangal Keshav
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Full Service Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX BSE, NSE, MCX, NCDEX
Active Clients 3,85,819 6,931
Broker Overview Open a free Dhan Demat and trading account and start trading at just Rs 20 brokerage on the lightning and superfast Dhan App, web, and Options Trader platform. It is the first broker to provide a dedicated options trading platform and allow Direct tr... Know more about Dhan Mangal Keshav being an active member of BSE since 1939 is one of the oldest stock broking houses in India. Multi-product avenues, all types of trading platforms (web, app, and desktop software), research-driven tips & advisory, portfolio manageme...Know more about Mangal Keshav
Broker Enquiry Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

Compare Dhan vs Mangal Keshav on Trading & Demat Account Opening Charges

Comparison of Dhan with Mangal Keshav on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - Dhan offer Free AMC for Demat account where Mangal Keshav charges Rs 750 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Dhan with Mangal Keshav
Charges Dhan Mangal Keshav
Trading Account Opening Fees Free Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Free Rs 750 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Dhan vs Mangal Keshav on Plan Options

Plans are the most important feature you look when compare Dhan with Mangal Keshav. This section compare on high level about type of plans offered by brokers. Multiple Plans - Both the brokers don't have Multiple Plans, brokers offer only single plan.. Monthly Plans - Both the brokers don't have Monthly Plans.

Compare Dhan with Mangal Keshav on Plan Options
Plan Types Dhan Mangal Keshav
Multiple Plans No No
Monthly Plans No No
Yearly Plans No No
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Account Opening Request

Account Opening

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Account Opening Request
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Brokerage Charges

Compare Dhan vs Mangal Keshav on Brokerage Charges

Dhan Brokerage Plan detail - Dhan has a fixed Rs 20 brokerage plan that charges you a maximum of Rs 20 per order brokerage fee on trading in equity, derivatives, commodity, and currency. However, it provides free equity delivery at zero charges.

Mangal Keshav Brokerage Plan detail - This is a standard plan by Mangal Keshav. This is a % based brokerage plan. Brokerage is between .03% to .30%, which is 3 paisa to 30 paise per 100 rs.

Brokerage Charges - Compare Dhan with Mangal Keshav
Brokerage Charges Compare Dhan Mangal Keshav
Plan Name Dhan Brokerage Plan Standard Brokerage Trading Plan (Percentage Based)
Equity Delivery Free 0.30% or 30 paisa
Equity Intraday 0.03% or Rs 20 whichever is lower 0.03% or 3 paisa
Equity Futures 0.03% or Rs 20 whichever is lower 0.03% or 3 paisa
Equity Options Flat Fee Rs 20 Rs 100 Per Lot
Currency Futures 0.03% or Rs 20 whichever is lower 0.03% or 3 paisa
Currency Options Flat Fee Rs 20 Rs 50 Per Lot
Commodity Trading Flat Fee Rs 20 0.03% or 3 paisa
Minimum Brokerage No NIL
Hidden Charges No Info Not Available
Funding Info Not Available Info Not Available
Call & Trade Charges Rs 50 per order + GST NA
Auto Square off Charges Rs 20 per order + GST NA
Brokerage Calculator Brokerage Calculator for Dhan Brokerage Calculator for Mangal Keshav
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Share Broker's Transaction Charges

Compare Dhan vs Mangal Keshav on Transaction Charges

Compare Dhan with Mangal Keshav on transaction charges and PCM fee by segment.

Transaction Charges - Compare Dhan with Mangal Keshav
Transaction Charges Compare Dhan Mangal Keshav
Equity Delivery NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Intraday NSE:335 Per Cr | BSE:375 Per Cr NSE:335 Per Cr | BSE:375 Per Cr
Equity Futures NSE:200 Per Cr | BSE:FREE NSE:200 Per Cr | BSE:FREE
Equity Options NSE:5050 Per Cr | BSE:3700 Per Cr NSE:5050 Per Cr | BSE:3700 Per Cr
Currency Futures NSE:90 Per Cr | BSE:25 Per Cr NSE:90 Per Cr | BSE:25 Per Cr
Currency Options NSE:4000 Per Cr | BSE:100 Per Cr NSE:4000 Per Cr | BSE:100 Per Cr
Commodity NA Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr
Brokerage Charges Complete Brokerage Plans for dhan Complete Brokerage Plans for mangal-keshav
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Account Features

Compare Dhan vs Mangal Keshav on Account Features

Compare Dhan with Mangal Keshav on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 2-in-1 account which includes trading and demat account. Algo Trading - both offers Algo trading/Automated Trading/Robotic trading/Program Trading for equity. Margin Funding - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - Mangal Keshav offers NRI where Dhan doesn't offers NRI Trading.

Account Features - Dhan with Mangal Keshav
Account Features Compare Dhan Mangal Keshav
3 in 1 Account No Dhan have 2-in-1 account. Only Demate and Trading account. No Dhan have 2-in-1 account. Only Demate and Trading account.
Charting Yes Yes
Algo Trading Yes Yes
SMS Alerts No Yes
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Available Yes Yes
Combined Ledger for Equity and Commodity No No
Intraday Square-off Time 3:20 PM 3:15PM
NRI Trading No Yes
Other Features NIL NIL
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Trading Platform

Compare Dhan vs Mangal Keshav on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Dhan and Mangal Keshav. This comparison covers Desktop Trading Platform, Web, Mobile for Windows, Android and iOS. We have provided links for mobile app to download and demo links for easy access.

Trading Platform - Compare Dhan with Mangal Keshav
Trading Platform Compare Dhan Mangal Keshav
Desktop Trading Platform Dhan App, Web, Options Trader Mangal Trader
Desktop Demo Desktop Demo Info Not Available
Desktop Platform (Windows) No Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://web.dhan.co/ Mangal Keshav Web Trading Platform
Web Trading Demo Web Trading Demo Info Not Available
Mobile Site Yes No
Mobile Trading Yes Yes
Mobile Trading App Dhan App Mangal Trader
Mobile Trading App Demo Dhan App Demo Info Not Available
Android Mobile App Yes Yes
Android App Download Andriod Dhan App Download Andriod Mangal Trader Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Dhan App Download iOS Mangal Trader Download
Android Tablet App Yes Yes
iPad App (IOS) Yes Yes
Trading Software Charges Free Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Dhan Equity Intraday and Delivery Brokerage Calculator for Mangal Keshav
Futures Brokerage Calculator Futures Brokerage Calculator for Dhan Futures Brokerage Calculator for Mangal Keshav
Options Brokerage Calculator Options Brokerage Calculator for Dhan Options Brokerage Calculator for Mangal Keshav
Detail Detail on Trading Platforms for dhan Detail on Trading Platforms for mangal-keshav

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Broker Ratings by Users

Compare Dhan vs Mangal Keshav on User Rating

  Dhan Mangal Keshav
  12 Customer Reviews    Rate Dhan 1 Customer Reviews    Rate Mangal Keshav
Fees Ratings 2.8 5.0
Trading Brokerage Rating 3.6 5.0
Trading Platform Usability 3.2 4.0
Customer Service Ratings 2.8 4.0
Overall Ratings 3.3 5.0
Broker Rating Dhan is Rated 3.3 / 5 based on 12 customer reviews Mangal Keshav is Rated 5.0 / 5 based on 1 customer reviews
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Investment Offerings

Compare Dhan vs Mangal Keshav on Investment Offerings

Compare Dhan with Mangal Keshav on Investment Offerings like Online IPO Application, Equity Cash and F&O, Currency, Commodity Trading, Mutual Funds Investment, Bonds/NCD, EFT, Banking, Insurance, Forex Trading, Mutual Funds SIP, Equity SIP, PMS Services. Equity and Equity deravitives - Both broker offers trading/investment options in Equity and Equity Derivatives on both the exchanges NSE/BSE. Commodity Trading - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - Mangal Keshav offers online mutual fund investment option where Dhan doesn't offer. Portfolio Management Services (PMS) - both the brokers don't have PMS Service.

Investment Offerings - Compare Dhan with Mangal Keshav
Investment Offerings Compare Dhan Mangal Keshav
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application Yes Yes
Mutual Funds No Yes
Bond / NCD No Yes
ETF Yes Yes
Banking No No
Insurance No No
Forex No No
MF SIP Investment No No
Equity SIP Investment Yes No
PMS Service No No
Other Investment Options NIL NIL
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Order Types

Compare Dhan vs Mangal Keshav on Order Types

Order Type - Compare Dhan with Mangal Keshav on offerings of order types. All the brokers provide CNC Order, MIS Order, NRML Order. The difference comes with the advance order type like cover order, bracket order, AMO and GTC order. Cover Orders (CO) - Dhan provide Cover Orders (CO) where Mangal Keshav doesn't offer.Cover Orders (CO) is placed an compulsory stop loss and this is a intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Dhan provide Bracket Orders (BO) where Mangal Keshav doesn't offer.With the name its cleare in Bracket orders you lock in a profit by bracketing an order with two opposite-side orders. A BUY order is bracketed by a high-side sell limit order and a low-side sell stop order. You will get higher margin in bracket order as you are limiting your losses. After Market Orders (AMO)- both offers AMO facilities. The orders are sent to exchange on the next trading day. GTC Orders- Dhan offers Good Till Cancelled (GTC) orders where Mangal Keshav doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Dhan with Mangal Keshav
Order Type Compare Dhan Mangal Keshav
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes No
Bracket order Yes No
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes No
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Customer Service Offered

Compare Dhan vs Mangal Keshav on Customer Service

Compare Dhan with Mangal Keshav on customer service offered by the broker. This section compares types of service offered by each broker for a quick resolution for query/issue you have.

Customer Support - Compare Dhan with Mangal Keshav
Customer Service Compare Dhan Mangal Keshav
24/7 Customer Service Dhan vs Mangal Keshav - 24x7 customer support No No
Email Support Dhan vs Mangal Keshav - Email Support Yes Yes
Onine Live Chat Dhan vs Mangal Keshav - Onine Live Chat Yes No
Phone Support Dhan vs Mangal Keshav - Phone Support Yes Yes
Toll Free Number Dhan vs Mangal Keshav - Toll Free Number No Yes
Through Branches Dhan vs Mangal Keshav - Through Branches No Yes
Customer Care Number Dhan vs Mangal Keshav - Customer Care Number 022-48906273 +91 22 6190 8000
Account Opening Process Dhan vs Mangal Keshav - Account Opening Process Zero Info Not Available
Customer Support Email Dhan vs Mangal Keshav - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Dhan vs Mangal Keshav - Knowledge Center/Education https://knowledge.dhan.co/support/home https://www.mangalkeshav.com/knowledge-panel
Head Office Address Dhan vs Mangal Keshav - Head Office Address/Corporate Address
302, Western Edge l,
Off Western Express Highway,
Borivali East, Mumbai - 400066,
Maharashtra, India.
Info Not Available
Website Dhan vs Mangal Keshav - Company Website https://dhan.co/ https://www.mangalkeshav.com/
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Tips/Research/Reports Published

Compare Dhan vs Mangal Keshav on Research Reports, Tips

Compare Dhan with Mangal Keshav on research reports and tips provided by the broker.

Research Reports - Compare Dhan with Mangal Keshav
  Dhan Mangal Keshav
Research Mutual Funds Dhan vs Mangal Keshav - Research Mutual Funds No Yes
Research Equity Reports Dhan vs Mangal Keshav - Research Equity Reports No Yes
Research ETF Dhan vs Mangal Keshav - Research ETF No Yes
Daily Market Report Dhan vs Mangal Keshav - Daily Market Report No Yes
Free Tips Dhan vs Mangal Keshav - Free Tips No Yes
Quarterly Result Analysis Dhan vs Mangal Keshav - Quarterly Results No Yes
News Alerts Dhan vs Mangal Keshav - No Yes
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Demat Account

Compare Dhan vs Mangal Keshav on Demat Account

Compare Dhan with Mangal Keshav on Demat Service and Charges. When compare Broker A with Broker B on Dmeat account, we mainly focus on two points - Demat AMC and Debit Transaction Charges.

Demat AMC are the charges which one need to pay every year to maintain demat account. Some brokers offer Demat AMC for free, some charge onetime fee, some charge per annum fee. This is your recurring cost, so one should consider this cost when opening Demat account.

Demat AMC for Mangal Keshav is ₹1000 Refundable deposit where for Dhan is Zero.

Second charges which we want to discuss are transaction charges on debit of shares or MF. For IPO, MF, Delivery trading – when one sell the script, there are debit transaction charges. These charges are apart from your brokerage and other regularity charges one need to pay.

Transaction charges on debit of ISIN for Dhan is ₹12.5 per transaction where for Mangal Keshav is 0.05% of transaction value (Min ₹100).You can see this charges on debit of Equity/Mutual Funds from your demat account.

This section covers about demat charges, demat service and other details

Demat Charges - Compare Dhan with Mangal Keshav
  Dhan Mangal Keshav
DP Source CDSL CDSL
DP ID Dhan vs Mangal Keshav - DP ID 289-2016 No
Demat Account Annual Maintenance Charges(AMC) Zero ₹1000 Refundable deposit
Advance Deposit Nil Deposit Scheme ? Rs.1000/-, where AMC will not be charged and amount will be refundable at Time of Closure of demat account. If the account is closed prior to one year deposit amount will not be refunded.
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) ₹12.5 per transaction 0.05% of transaction value (Min ₹100)
Demat ₹250 per certificate + courier charges ₹100 per certificate + ₹150 courier charges
Remat ₹250 per certificate + courier charges ₹100 per certificate + ₹150 courier charges + CDSL charges
Pledge Creation ₹12.5 per transaction 0.02% of transaction value + CDSL charges
Pledge Creation Confirmation Nil Nil
Pledge Closure ₹12.5 per transaction 0.02% of transaction value + CDSL charges
Pledge Closure Confirmation Nil Nil
Pledge Invocation ₹12.5 per transaction 0.02% of transaction value + CDSL charges
Failed Instruction Charges Nil Nil
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Dhan vs Mangal Keshav on Special Offers and Promotion

Compare Dhan with Mangal Keshav on the general features, advantages, disadvantages, payout options, payout time, bank supported and charges, special offers and promotion.

Compare Dhan vs Mangal Keshav on Special Offers and Promotion
  Dhan Mangal Keshav
Pay In and Pay Out Options Dhan vs Mangal Keshav - Pay In and Pay Out Options UPI, Net banking, and Smart Fund Transfer using NEFT, RTGS, and IMPS Info Not Available
Payout Time Dhan vs Mangal Keshav - Payout Time Fast withdrawal with IMPS, NEFT Withdrawal Info Not Available
Bank Supported and Charges Dhan vs Mangal Keshav - Bank Supported and Charges Info Not Available
Bank Detail Info Not Available
Likes
  • No account opening fees.
  • No brokerage fees for investing in stocks, IPO, and ETF.
  • Rs 20 competitive brokerage plan.
  • TradingView charting platform.
  • Lightning, fast, and user-friendly Dhan app and web platform.
  • Powerful options trader app and web platform for F&O traders.
  • Instant withdrawal of funds to your bank account in just a few minutes.
  • Margin trading facility.
  • Start daily, weekly and monthly SIP in stocks and ETFs.
  • After-market order (AMO), Basket order, Bracket order (BO), Cover order (CO) and Forever order.
  • 50% brokerage discount to women traders and investors.

Detail Review...

  • Zero Demat account opening charges.
  • One stop for all trading & investment products & services.
  • Trade on mobile app, web, and desktop applications.
  • Robust back-office system.
  • Easy deposit and withdrawal process.
  • Invest in IPO and mutual funds.
  • Get tailor-made portfolio suggestions with PMS services.
  • Market analysis, micro & macro research, equity research, mutual funds research, etc.
  • Dedicated relationship manager (RM).
  • Margin Trading Facility (MTF) is available.
  • Knowledge panel and blogs for beginners.

Detail Review...

Dislikes
  • You cannot invest in mutual funds and sovereign gold bonds.
  • No installable trading terminal.
  • High fees for call & trade services.
  • Does not offer stock market trading tips, equity research & advisory.
  • You cannot open a 3-in-1 account in Dhan.
  • NRIs cannot open Dhan trading and demat accounts.

Detail Review...

  • Upfront Margin money is required in the trading account.
  • Does not offer a 3-in-1 account.
  • No direct mutual fund offerings.
  • Non-negotiable and non-transparent brokerage fee structure.
  • The brokerage fee is significantly higher than flat discount brokerage houses.
  • No Good till triggered (GTT) order feature.

Detail Review...

Special Offers/Promo
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Last Updated on 2023-09-14T03:51:34+00:00