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Dhan Vs TradePlusOnline: 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 TradePlusOnline Max Max Rs 9 per trade. Both the brokers are Discount Brokers. Dhan is having overall lower rating compare to TradePlusOnline. Dhan is rated only 3 out of 5 where TradePlusOnline is rated 3.5 out of 5. Number of active customer for Dhan is 3,85,819 where number of active customer for TradePlusOnline is 10,982. Dhan is serving more customer compare to TradePlusOnline.

Here we present side-by-side comparison of Dhan vs TradePlusOnline 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 TradePlusOnline'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 TradePlusOnline 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 TradePlusOnline'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 TradePlusOnline on Service

  Dhan Compare
Dhan
TradePlusOnline Compare
TradePlusOnline
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Discount Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX NSE, BSE, MCX
Active Clients 3,85,819 10,982
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 Trade at just Rs. 9/order and enjoy free derivative trading benefits with TradePlus Account. Highlights include a free account, Lifetime zero Demat AMC, and RocketPlus technology-powered app, web, and exe trading platforms.
Broker Enquiry Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

Compare Dhan vs TradePlusOnline on Trading & Demat Account Opening Charges

Comparison of Dhan with TradePlusOnline on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - Both broker don't charge any AMC for Demat Account.

Trading & Demat Account Opening Charges - Compare Dhan with TradePlusOnline
Charges Dhan TradePlusOnline
Trading Account Opening Fees Free Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Free Free
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Dhan vs TradePlusOnline on Plan Options

Plans are the most important feature you look when compare Dhan with TradePlusOnline. This section compare on high level about type of plans offered by brokers. Multiple Plans - TradePlusOnline provides Multiple Plans where Dhan doesn't offer. Monthly Plans - TradePlusOnline provides Monthly Plans where Dhan doesn't offer

Compare Dhan with TradePlusOnline on Plan Options
Plan Types Dhan TradePlusOnline
Multiple Plans No Yes
Monthly Plans No Yes
Yearly Plans No No
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Account Opening Request

Account Opening

  Zerodha Zerodha
Account Opening Request
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Brokerage Charges

Compare Dhan vs TradePlusOnline 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.

TradePlusOnline Brokerage Plan detail - TradePlus Flat Fee Plan Max Rs 9 Per Trade. This is the lowest brokerage plan offered by a discount broker. You will pay Max Rs 9 for trading in Equity Intraday, Derivatives, Currency and Commodity Trading. Equity Delivery trading is FREE.

Brokerage Charges - Compare Dhan with TradePlusOnline
Brokerage Charges Compare Dhan TradePlusOnline
Plan Name Dhan Brokerage Plan Smart Flat Brokerage Plan
Equity Delivery Free Free
Equity Intraday 0.03% or Rs 20 whichever is lower 0.05% or Rs 9 whichever is lower
Equity Futures 0.03% or Rs 20 whichever is lower Flat Fee Rs 9
Equity Options Flat Fee Rs 20 Flat Fee Rs 9
Currency Futures 0.03% or Rs 20 whichever is lower Flat Fee Rs 9
Currency Options Flat Fee Rs 20 Flat Fee Rs 9
Commodity Trading Flat Fee Rs 20 Flat Fee Rs 9
Minimum Brokerage No NIL
Hidden Charges No No
Funding Info Not Available Yes - 24% interest PA
Call & Trade Charges Rs 50 per order + GST Rs 75 Per Day Per segment or Rs 1000 for unlimited call n Trade
Auto Square off Charges Rs 20 per order + GST Rs 75 Per Day Per segment or Rs 1000 for unlimited call n Trade
Brokerage Calculator Brokerage Calculator for Dhan Brokerage Calculator for TradePlusOnline
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Share Broker's Transaction Charges

Compare Dhan vs TradePlusOnline on Transaction Charges

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

Transaction Charges - Compare Dhan with TradePlusOnline
Transaction Charges Compare Dhan TradePlusOnline
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 360 Per Cr | Agri: Rs 275 Per Cr
Brokerage Charges Complete Brokerage Plans for dhan Complete Brokerage Plans for tradeplus
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Account Features

Compare Dhan vs TradePlusOnline on Account Features

Compare Dhan with TradePlusOnline 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 - TradePlusOnline offers NRI where Dhan doesn't offers NRI Trading.

Account Features - Dhan with TradePlusOnline
Account Features Compare Dhan TradePlusOnline
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 Charting & Tech Tools -YES - INFINI POWER - MCX and Equities
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Trading Platform

Compare Dhan vs TradePlusOnline on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Dhan and TradePlusOnline. 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 TradePlusOnline
Trading Platform Compare Dhan TradePlusOnline
Desktop Trading Platform Dhan App, Web, Options Trader Rocketplus
Desktop Demo Desktop Demo Desktop Demo
Desktop Platform (Windows) No Yes
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://web.dhan.co/ https://infini.tradeplusonline.com/
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App Dhan App RocketPlus Mobile Trading App
Mobile Trading App Demo Dhan App Demo RocketPlus Mobile Trading App Demo
Android Mobile App Yes Yes
Android App Download Andriod Dhan App Download Andriod RocketPlus Mobile Trading App Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Dhan App Download iOS RocketPlus Mobile Trading App 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 TradePlusOnline
Futures Brokerage Calculator Futures Brokerage Calculator for Dhan Futures Brokerage Calculator for TradePlusOnline
Options Brokerage Calculator Options Brokerage Calculator for Dhan Options Brokerage Calculator for TradePlusOnline
Detail Detail on Trading Platforms for dhan Detail on Trading Platforms for tradeplus

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Broker Ratings by Users

Compare Dhan vs TradePlusOnline on User Rating

  Dhan TradePlusOnline
  12 Customer Reviews    Rate Dhan 27 Customer Reviews    Rate TradePlusOnline
Fees Ratings 2.8 4.3
Trading Brokerage Rating 3.6 4.8
Trading Platform Usability 3.2 3.9
Customer Service Ratings 2.8 3.9
Overall Ratings 3.3 4.1
Broker Rating Dhan is Rated 3.3 / 5 based on 12 customer reviews TradePlusOnline is Rated 4.1 / 5 based on 27 customer reviews
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Investment Offerings

Compare Dhan vs TradePlusOnline on Investment Offerings

Compare Dhan with TradePlusOnline 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 - TradePlusOnline 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 TradePlusOnline
Investment Offerings Compare Dhan TradePlusOnline
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 Yes
Forex No No
MF SIP Investment No Yes
Equity SIP Investment Yes No
PMS Service No No
Other Investment Options NIL NIL
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Order Types

Compare Dhan vs TradePlusOnline on Order Types

Order Type - Compare Dhan with TradePlusOnline 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) - both brokers provides Cover Orders (CO). You can trade in equity and index derivatives using Cover Orders. Cover Orders (CO) are placing a compulsory stop loss and this is an Intraday position. With cover order broker give you additional margin, as this order are placed with compulsory SL. Bracket Orders (BO) - Both brokers provides Bracket Orders (BO). You can trade in equity and index derivatives using bracket Orders. With the name, it's clear 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 a 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- Both offers Good Till Cancelled (GTC) orders. GTC means you place a buy or sell equity limit order and your order remains in the system until it executed or reaches the specified number of days.

Order Types - Compare Dhan with TradePlusOnline
Order Type Compare Dhan TradePlusOnline
CNC order Yes Yes
MIS order Yes Yes
NRML order Yes Yes
Cover order Yes Yes
Bracket order Yes Yes
AMO-After Market Orders Yes Yes
GTC-Good Till Cancelled Yes Yes
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Customer Service Offered

Compare Dhan vs TradePlusOnline on Customer Service

Compare Dhan with TradePlusOnline 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 TradePlusOnline
Customer Service Compare Dhan TradePlusOnline
24/7 Customer Service Dhan vs TradePlusOnline - 24x7 customer support No No
Email Support Dhan vs TradePlusOnline - Email Support Yes Yes
Onine Live Chat Dhan vs TradePlusOnline - Onine Live Chat Yes Yes
Phone Support Dhan vs TradePlusOnline - Phone Support Yes Yes
Toll Free Number Dhan vs TradePlusOnline - Toll Free Number No No
Through Branches Dhan vs TradePlusOnline - Through Branches No No
Customer Care Number Dhan vs TradePlusOnline - Customer Care Number 022-48906273 044-49427500 / 080 37017382
Account Opening Process Dhan vs TradePlusOnline - Account Opening Process Zero Online/Paperless
Customer Support Email Dhan vs TradePlusOnline - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Dhan vs TradePlusOnline - Knowledge Center/Education https://knowledge.dhan.co/support/home http://support.tradeplusonline.com/support/solutions
Head Office Address Dhan vs TradePlusOnline - Head Office Address/Corporate Address
302, Western Edge l,
Off Western Express Highway,
Borivali East, Mumbai - 400066,
Maharashtra, India.
Tradeplus Online,
Ganga Griha 4th & 5 th Floor,
No.9 (old No. 6D)
Nungambakkam High Road
Nungambakkam
Chennai - 600 034
Website Dhan vs TradePlusOnline - Company Website https://dhan.co/ https://tradeplusonline.com
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Tips/Research/Reports Published

Compare Dhan vs TradePlusOnline on Research Reports, Tips

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

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

Compare Dhan vs TradePlusOnline on Demat Account

Compare Dhan with TradePlusOnline 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 TradePlusOnline is A) Rs.900/- Life time AMC, - Ten Years Period - Only for Resident individual Clients with broking accounts. Rs.500/- Life time AMC - For Five Years Period , Only for Resident individual Clients with broking accounts B) Rs.2500/- Life Time AMC for Non Resident Individual clients - 10 Years Period C) For NRI Clients Rs. 1000/-p.a. D) Rs.1000/- p.a For Only DP Clients/Corporate Clients. 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 TradePlusOnline is Market selling through NML with POA For equity Transactions. 0.02% of Transaction Value, subject to Minimum of Rs.15/- per Transaction and Maximum of Rs. 200/- Markets selling Through NML (Without POA) 0.02% of Transaction Value, subject to Minimum of Rs.20/- per Transaction and Maximum of Rs. 200/- C) Market Selling(Debits) other than NML off markets debits & IDT debits 0.04% of transaction value subject to minimum Rs.30/- per transaction.Market Selling (Debits) through NML withPOA for Mutual fund - Rs. 20/- per transaction..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 TradePlusOnline
  Dhan TradePlusOnline
DP Source CDSL CDSL
DP ID Dhan vs TradePlusOnline - DP ID 289-2016 86500
Demat Account Annual Maintenance Charges(AMC) Zero A) Rs.900/- Life time AMC, - Ten Years Period - Only for Resident individual Clients with broking accounts. Rs.500/- Life time AMC - For Five Years Period , Only for Resident individual Clients with broking accounts B) Rs.2500/- Life Time AMC for Non Resident Individual clients - 10 Years Period C) For NRI Clients Rs. 1000/-p.a. D) Rs.1000/- p.a For Only DP Clients/Corporate Clients.
Advance Deposit Nil NIL
Statutory charges Nil NIL
Transaction Charges on Debit (Per ISIN) ₹12.5 per transaction Market selling through NML with POA For equity Transactions. 0.02% of Transaction Value, subject to Minimum of Rs.15/- per Transaction and Maximum of Rs. 200/- Markets selling Through NML (Without POA) 0.02% of Transaction Value, subject to Minimum of Rs.20/- per Transaction and Maximum of Rs. 200/- C) Market Selling(Debits) other than NML off markets debits & IDT debits 0.04% of transaction value subject to minimum Rs.30/- per transaction.Market Selling (Debits) through NML withPOA for Mutual fund - Rs. 20/- per transaction.
Demat ₹250 per certificate + courier charges A) Rs.50/- per DRF (upto five Certificates) More than 5 certificates Rs.5/ per certificate Plus Rs.50/- (Minimum Charges) B) For NRI Clients Rs. 200/- Per DRF (upto five Certificates) More than 5 certificates Rs.30/- per certificate Plus Rs.200/- (Minimum Charges) C) Demat Rejection ? Rs.35/- per rejection(upto 5 certificate) More than 5 certificates Rs.3/- + Rs.35/- (Minimum charges) D) Conversion Request - A) Rs.50/- per CRF B) For NRI Clients Rs. 200/- Per CRF
Remat ₹250 per certificate + courier charges Rs. 15/- for every hundred shares or part there of subject to Maximum fee of Rs.5,00,000/- or a flat fee of Rs.15/- per certificate whichever is higher plus handling charges Rs.50/-. No remat charges for Govt. Securities.
Pledge Creation ₹12.5 per transaction 0.02% of the value of securities pledged, subject to minimum of Rs.50/- per Transaction
Pledge Creation Confirmation Nil NIL
Pledge Closure ₹12.5 per transaction 0.02% of the value of securities pledged, subject to minimum of Rs.50/- per Transaction
Pledge Closure Confirmation Nil NIL
Pledge Invocation ₹12.5 per transaction 0.02% of the value of securities pledged, subject to minimum of Rs.50/- per Transaction
Failed Instruction Charges Nil Rs.15.00 Per Transaction.
Other Charges Nil 1) Securities Borrowing Rs. 50/- Per Transaction 2) Rs..100/ for every Change of Address/Bank details.and Rs.50/- for every email and mobile change request.3) Market Buying,(Receipts) Off Market Credit & Inter Depository Receipts = NIL Charges.
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Special Offers,Advantages,Disadvantages

Compare Dhan vs TradePlusOnline on Special Offers and Promotion

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

Compare Dhan vs TradePlusOnline on Special Offers and Promotion
  Dhan TradePlusOnline
Pay In and Pay Out Options Dhan vs TradePlusOnline - Pay In and Pay Out Options UPI, Net banking, and Smart Fund Transfer using NEFT, RTGS, and IMPS Pay-in/adding funds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from TradePlusOnline Mobile, INFINI Desktop and INFINI Web application.Cheque payments Rs 15 per cheque.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Dhan vs TradePlusOnline - Payout Time Fast withdrawal with IMPS, NEFT Withdrawal Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges Dhan vs TradePlusOnline - Bank Supported and Charges Around 21 banks allow instant credit facility(Payment Gateway) with charges of Rs 9+GST from TradePlusOnline trading platforms.
Bank Detail NAVIA MARKETS LIMITED,
Account Number:ZNACOMTPXXXXXXXX
Bank and Branch: INDUSIND BANK LIMITED, NUNGAMBAKKAM, CHENNAI
Account Type: Current Account
IFSC Code: INDB0000007
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 account opening charges and no maintenance fee.
  • Free investment in stocks (delivery trading).
  • The cheapest flat brokerage of Rs. 9 per order.
  • Free derivative trading.
  • 0 brokerage investment in direct mutual funds.
  • Cutting-edge RocketPlus technology trading platforms.
  • Advanced orders like basket orders and GTT orders.
  • Margin Trading Funding (MTF).
  • Buy Today Sell Tomorrow (BTST) and Buy Today Pay later (BTPL)
  • UNIV free learning platform 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...

  • Does not offer a 3-in-1 account.
  • Being a discount broker, it does not provide research & advisory.
  • Very high call & trade charges.

Detail Review...

Special Offers/Promo
Enquiry Open Zerodha Account Now>> Open Zerodha Account Now>>

Last Updated on 2023-09-14T03:51:34+00:00