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Dhani Stocks vs Mdirect (Compare Dhani Stocks vs Mdirect)

So many brokers are offering stock trading & Demat services in India, which one is best, which one provides the services at the lowest price, provides best mobile trading application, the best research team, etc. All answers to your questions would be available here.

Here we provide side by side comparison between Dhani Stocks vs Mdirect, Below comparison of Dhani Stocks vs Mdirect highlights the variations of Brokerage charges & services offered, Compare their ratings, brokerage & AMC charges, Investment choices, Customer Service, Demat Account, features, Platforms, and running offers.

One on One comparison of Dhani Stocks vs Mdirect is given below:

Dhani Stocks Mdirect
About The Brokers
Dhani Stocks :

"Dhani Stocks is India’s leading discounted stockbroker offering an unlimited subscription plan with nil brokerage and free call & trade + trading + funds transfers.   >>> more

Mdirect :

   >>> more

Find More Information about the Broker :
Dhani Stocks :
OVERVIEW BROKERAGE
Mdirect :
OVERVIEW BROKERAGE PRODUCTS & SERVICES TRADING PLATFORM & TOOLS RATING
Type of Broker
Dhani Stocks :
 Discount Broker
Mdirect :
 Full Service Broker
Promo/offers
Dhani Stocks :
Special Offers: Brokerage free equity delivery trading + Flat ₹15 Intra-day and F&O trades. Get the offer
Mdirect :
N/A
Advantage
Dhani Stocks :
  •  Free Delivery Trade
  •  Any individual can open a Demat + Trading account with Dhani Stocks through the Dhani Stock Mobile App within a few minutes.
  • Dhani Stocks offers high-speed trading on Dhani Mobile Apps.
  •  Flat ₹15 per executed order for Intraday, F&O, Currency & Commodity Trades
  •  Dhani Stocks offers free service of call & trade and zero brokerage in an unlimited plan.
  • Dhani Stocks has office branches in 18+ Indian cities.
  •  Advanced Order Type - Place cover orders & bracket orders.
  • Dhani Stocks offers 3-in-1 account services — savings + Demat + trading for NRIs.
  • Dhani Stocks provides an online brokerage calculator with details, making it easier for anyone to calculate, especially for beginners and NRIs.
  • Dhani Stocks is India's only discounted online broker company that offers users to trade on desktop Mac as well. 
Mdirect :

NA

Disadvantage
Dhani Stocks :
  • Dhani Stocks doesn't offer GTC (Good Till Cancelled) orders.
  • Dhani Stocks only offers 2-in-1 Demat accounts for domestic account holders.
  • There is no 24*7 customer service support and Online Chat services
  • Dhani Stocks only offers mutual funds of Indiabulls.
  • Dhani Stocks users need to contact the customer service department for queries, and it does take up to 48 hours for the queries to get resolved, and there is no branch visit support.
  • There is no free lifetime AMC for the Demat account facility.
  • Traders need to pay extra for commodity trading as it is not included in the unlimited subscription plan.
Mdirect :

NA

Why This
Dhani Stocks :
  •  Free Delivery Trade, Dhani Stocks does not charge any brokerage on Delivery trade.
  •  Rs.15 per executed order across all the segments
  • Dhani Stocks is a part of Indiabulls Group, the pioneer of the financial service, and has had its presence in housing finance, infrastructure, wealth management, consumer finance for 20+ years.
  •  100% paperless online Demat account opening
  • Dhani Stocks offers unlimited trading and a free Demat account with a monthly subscription plan of INR 500.
  • Dhani Stocks offers nil brokerage in unlimited trading subscription plans in equity delivery, intraday, and F&O.
  • Dhani Stocks Demat account offers loans based on the securities in the account.
  • Dhani Stocks supports exchanges — MCX, NSE, BSE, AND NCDEX. 
  • Dhani Stocks offers the lowest commodity trading brokerage of 3 paise or 0.03%  
  • Dhani Stocks offers extensive deep market research on mutual funds, equity reports, daily market reports, research ETF, quarterly analysis results, free tips, and news alerts for free.
  • Dhani Stocks is India's first online broker company to obtain CRISIL's, the leading trader quality grading of BQ-1, for its outstanding financial stability. 
Mdirect :

NA


Dhani Stocks vs Mdirect Account Opening & AMC Charges

Dhani Stocks Trading Account Opening Fee is ₹0 and - . Dhani Stocks Demat Account AMC is ₹300 and - .

Dhani Stocks Mdirect
Trading Account Opening Fee Trading Account Opening Fee :

₹0

Trading Account Opening Fee : -
Demat Account Opening Fee Demat Account Opening Fee :

₹0

Demat Account Opening Fee : -
Demat Account AMC Demat Account AMC :

₹300

Demat Account AMC : -
Trading Account AMC Trading Account AMC :

₹0

Trading Account AMC : -

Dhani Stocks vs Mdirect Brokerage Charges

Dhani Stocks Brokerage Charges Equity Delivery is ₹0 (Free) and Equity Intraday is ₹15/Trade and Equity Options is ₹15/Trade . Mdirect Brokerage Charges

Dhani Stocks Mdirect
Plan Name Plan Name :

Dhani Stocks default Brokerage Plan

Plan Name :

Dhani Stocks Unlimited Brokerage Plan

-
Equity Delivery Equity Delivery :

₹0 (Free)

Equity Delivery :

₹0 (Free)

-
Equity Intraday Equity Intraday :

₹15/Trade

Equity Intraday :

₹0 (Free)

-
Equity Future Equity Future :

₹15/Trade

Equity Future :

₹0 (Free)

-
Equity Options Equity Options :

₹15/Trade

Equity Options :

₹0 (Free)

-
Currency Futures Currency Futures :

₹15/Trade

Currency Futures :

₹0 (Free)

-
Currency Options Currency Options :

₹15/Trade

Currency Options :

₹0 (Free)

-
Monthly Fee Monthly Fee :

NA

Monthly Fee :

₹500 per month

-
Margin Trading Margin Trading :

Yes

Margin Trading :

Yes

-
Commodity Futures Commodity Futures :

0.03%

Commodity Futures :

0.03%

-
Commodity Options Commodity Options :

0.03%

Commodity Options :

0.03%

-

Dhani Stocks vs Mdirect Transaction Charges (Per Crore)

Dhani Stocks Transaction Charges (Per Crore) Equity Future is NSE: 0.0019% and Equity Options is NSE: 0.05% | BSE: 0.0005% (on premium) . Mdirect Transaction Charges (Per Crore) - and - .

Dhani Stocks Mdirect
Equity Delivery Equity Delivery :

NSE 325/Cr (0.00325%) | BSE 300/ Cr (0.003%)

Equity Delivery : -
Equity Intraday Equity Intraday :

NSE: 0.00325% | BSE: 0.003%

Equity Intraday : -
Equity Future * Equity Future :

NSE: 0.0019%

Equity Future : -
Equity Options * Equity Options :

NSE: 0.05% | BSE: 0.0005% (on premium)

Equity Options : -
Currency Futures * Currency Futures :

NSE: 0.0009% + Investor protection fund (0.037%)

Currency Futures : -
Currency Options Currency Options :

NSE 3500/ Cr (on prem) + Inv prot fund (0.037%)

Currency Options : -
Commodity Commodity :

Agro (MCX) Group A: Rs 260 per cr (0.0026%)

Commodity : -

Dhani Stocks vs Mdirect Other Charges

Dhani Stocks Minimum Brokerage is ₹0.01/Order (Equity, F&O, Currency in Unlimited P and Call & Trade is Free . Mdirect and .

Dhani Stocks Mdirect
Minimum Brokerage Minimum Brokerage :

₹0.01/Order (Equity, F&O, Currency in Unlimited P

Minimum Brokerage : -
Call & Trade Call & Trade :

Free

Call & Trade : -
Stamp Duty * Stamp Duty :

Delivery: 0.015%, Intraday: 0.03%, F&O: 0.002%

Stamp Duty : -
DP Charges (on sell side) DP Charges (on sell side) :

₹13.5 per scrip

DP Charges (on sell side) : -
Other Miscellaneous Charges Other Miscellaneous Charges : - Other Miscellaneous Charges : -

Dhani Stocks vs Mdirect Features

Dhani Stocks and Mdirect both offer a host of features, trading tools & platforms to their clients. Their comparative analysis is in the below table:

Dhani Stocks Mdirect
Trading Platform Trading Platform :

Mobile, WEB, Desktop & MF

Trading Platform : -
Placing orders through charts Placing orders through charts : - Placing orders through charts : -
Trading Alerts Trading Alerts : - Trading Alerts : -
Research and Advice / Trading Tips Research and Advice / Trading Tips : - Research and Advice / Trading Tips : -
Detailed Education Initiatives Detailed Education Initiatives : - Detailed Education Initiatives : -
Unique features & Offers Unique features & Offers : - Unique features & Offers : -
Referral Program Referral Program :

Yes

Referral Program : -
Margin Against Shares (Equity Cash) * Margin Against Shares (Equity Cash) :

Yes

Margin Against Shares (Equity Cash) :

Yes

Margin Against Shares (Equity F&O) * Margin Against Shares (Equity F&O) :

Yes

Margin Against Shares (Equity F&O) :

Yes


Dhani Stocks vs Mdirect Demat Account Charges

A comparative table of various demat account charges between Dhani Stocks and Mdirect is below:

Dhani Stocks Mdirect
Depository Service Provider Depository Service Provider : - Depository Service Provider : -
Account Opening Fee Account Opening Fee :

Free

Account Opening Fee : -
Advance Deposit Advance Deposit : - Advance Deposit : -
AMC AMC :

Demat-₹300, Trading- NiL

AMC : -
Dematerialisation Charges Dematerialisation Charges : - Dematerialisation Charges : -
Rematerialisation Charges Rematerialisation Charges : - Rematerialisation Charges : -
Transaction Charges (Credit) Transaction Charges (Credit) : - Transaction Charges (Credit) : -
Transaction Charges (debit) Transaction Charges (debit) : - Transaction Charges (debit) : -
Pledge Creation Charges Pledge Creation Charges : - Pledge Creation Charges : -
Pledge Creation Confirmation Charges Pledge Creation Confirmation Charges : - Pledge Creation Confirmation Charges : -
Pledge Invocation Charges Pledge Invocation Charges : - Pledge Invocation Charges : -
Failed Instruction Charges Failed Instruction Charges : - Failed Instruction Charges : -
Other Charges Other Charges : - Other Charges : -

Dhani Stocks vs Mdirect Basic Details

Dhani Stocks and Total Number of Clients is 56399 and Total Number of Branches is 18 . Mdirect and and .

Dhani Stocks Mdirect
Year of Incorporation Year of Incorporation : - Year of Incorporation : -
Active Exchange Memberships Active Exchange Memberships :

NSE, BSE, MCX & NCDEX

Active Exchange Memberships : -
Demat Services Demat Services :

CDSL

Demat Services : -
Website Website :

https://www.dhanistocks.com/

Website : -
Contact Details Contact Details : - Contact Details : -
Total Number of Clients Total Number of Clients :

56399

Total Number of Clients : -
Total Number of Branches Total Number of Branches :

18

Total Number of Branches : -
Products * Products :

Mutual Fund, Broking

Products : -

Dhani Stocks vs Mdirect Leverage

Leverage

Dhani Stocks Mdirect
Equity Delivery Equity Delivery :

100% of trade value (1x leverage)

Equity Delivery : -
Equity Intraday Equity Intraday :

Up to 20% of trade value (5x leverage)

Equity Intraday : -
Equity Futures Equity Futures :

100% of NRML margin (Span + Exposure) (1x leverage

Equity Futures : -
Equity Options Equity Options :

100% of NRML margin (Span + Exposure) (1x leverage

Equity Options : -
Currency Futures Currency Futures :

100% of NRML margin (Span + Exposure) (1x leverage

Currency Futures : -
Currency Options Currency Options :

100% of NRML margin (Span + Exposure) (1x leverage

Currency Options : -
Commodity Futures Commodity Futures :

100% of NRML margin (Span + Exposure) (1x leverage

Commodity Futures : -
Commodity Options Commodity Options :

100% of NRML margin (Span + Exposure) (1x leverage

Commodity Options : -
F&O (Eq, Curr, Comm) F&O (Eq, Curr, Comm) :

100% of NRML margin (Span + Exposure) (1x leverage

F&O (Eq, Curr, Comm) : -

Dhani Stocks vs Mdirect Orders

Orders

Dhani Stocks Mdirect
Cover Orders (CO) Cover Orders (CO) : - Cover Orders (CO) : -
Bracket orders / One Cancels Other (BO / OCO) Bracket orders / One Cancels Other (BO / OCO) : - Bracket orders / One Cancels Other (BO / OCO) : -
After Market Orders (AMO) After Market Orders (AMO) : - After Market Orders (AMO) : -
Buy Today Sell Tomorrow (BTST) * Buy Today Sell Tomorrow (BTST) :

Yes

Buy Today Sell Tomorrow (BTST) :

Yes

Sell Today Buy Tomorrow (STBT) * Sell Today Buy Tomorrow (STBT) :

Yes

Sell Today Buy Tomorrow (STBT) :

Yes

Good Till Cancelled (GTC) * Good Till Cancelled (GTC) :

No

Good Till Cancelled (GTC) :

Yes


Dhani Stocks vs Mdirect Research and Advice / Trading Tips

Research and Advice / Trading Tips

Dhani Stocks Mdirect
Equity Trading Recommendation * Equity Trading Recommendation : - Equity Trading Recommendation : -
Equity Investment Recommendation * Equity Investment Recommendation : - Equity Investment Recommendation : -
Recommendation basis risk Profile * Recommendation basis risk Profile : - Recommendation basis risk Profile : -
Comparison * Comparison : - Comparison : -
Free Tips * Free Tips : - Free Tips : -
Daily Market report * Daily Market report : - Daily Market report : -
ETF research * ETF research : - ETF research : -
Quarterly Results * Quarterly Results : - Quarterly Results : -

Dhani Stocks vs Mdirect Franchisee / Authorized Person related information

Franchisee / Authorized Person related information

Dhani Stocks Mdirect
Availability for franchisee / AP Availability for franchisee / AP : - Availability for franchisee / AP : -
Investment required for Franchisee / AP Investment required for Franchisee / AP : - Investment required for Franchisee / AP : -

Dhani Stocks vs Mdirect Product & Services

Dhani Stocks and Mdirect both offer a host of Products & Services for a better trading experience for their clients. Their comparative analysis is in the below table:

Dhani Stocks Mdirect
Delivery Based Trading * Delivery Based Trading :

Yes

Delivery Based Trading : -
Margin Trading * Margin Trading :

Yes

Margin Trading : -
Call in Trade * Call in Trade :

Yes

Call in Trade : -
Trading in Both the exchanges * Trading in Both the exchanges :

Yes

Trading in Both the exchanges : -
Limit Order * Limit Order :

Yes

Limit Order : -
3-in-1 On-line Trading Account * 3-in-1 On-line Trading Account :

No

3-in-1 On-line Trading Account : -
NRI Services * NRI Services :

Yes

NRI Services : -
SMS Alerts * SMS Alerts : - SMS Alerts : -
Offers Multiple Plan * Offers Multiple Plan :

Yes

Offers Multiple Plan : -
IPO Investment * IPO Investment :

Yes

IPO Investment : -
Portfolio Analysis * Portfolio Analysis : - Portfolio Analysis : -
Advanced Charting Features * Advanced Charting Features : - Advanced Charting Features : -
Brokerage Calculator * Brokerage Calculator : - Brokerage Calculator : -
Margin Calculator * Margin Calculator : - Margin Calculator : -
Stop Loss Order * Stop Loss Order : - Stop Loss Order : -
Bracket Orders & Trailing Stop Loss * Bracket Orders & Trailing Stop Loss : - Bracket Orders & Trailing Stop Loss : -
Equity Future & Option Trading * Equity Future & Option Trading : - Equity Future & Option Trading : -
Currency Future & Option Trading * Currency Future & Option Trading : - Currency Future & Option Trading : -
Market Trading * Market Trading : - Market Trading : -
Monthly & Yearly Plan * Monthly & Yearly Plan :

Yes

Monthly & Yearly Plan : -
Aumtomated Trading * Aumtomated Trading : - Aumtomated Trading : -

Dhani Stocks vs Mdirect Customer Services

Dhani Stocks and Mdirect both offer a host of Customer service options to their clients to quickly solve their queries or grievances if any. Their comparative analysis is in the below table:

Dhani Stocks Mdirect
Toll Free Number * Toll Free Number : - Toll Free Number : -
Live Chat Facility * Live Chat Facility : - Live Chat Facility : -
Email Facility * Email Facility : - Email Facility : -
Branch Offices * Branch Offices : - Branch Offices : -
Customer Care * Customer Care : - Customer Care : -
Community Service * Community Service : - Community Service : -
Relationship Manager * Relationship Manager : - Relationship Manager : -
24/7 Support * 24/7 Support : - 24/7 Support : -

Dhani Stocks vs Mdirect Other Investement

Dhani Stocks and Mdirect both offer a lot of investment avenues apart from Stock trading on their platforms to their clients to make a better trading experience. Their comparative analysis is in the below table:

Dhani Stocks Mdirect
Commodity Trading * Commodity Trading : - Commodity Trading : -
Investment in ETFs * Investment in ETFs : - Investment in ETFs : -
Investment in Mutual Funds * Investment in Mutual Funds : - Investment in Mutual Funds : -
Investment in Bonds * Investment in Bonds : - Investment in Bonds : -
Investment in Corporate Debt instruments * Investment in Corporate Debt instruments : - Investment in Corporate Debt instruments : -
Insurance Services * Insurance Services : - Insurance Services : -
Banking Services * Banking Services : - Banking Services : -

Dhani Stocks vs Mdirect Trading PlatForm

Dhani Stocks and Mdirect both offer a host of Trading Platform for a better trading experience for their clients. Their comparative analysis is in the below table:

Dhani Stocks Mdirect
Web Platform * Web Platform : - Web Platform : -
Android Mobile App * Android Mobile App : - Android Mobile App : -
Desktop Windows * Desktop Windows : - Desktop Windows : -
Desktop Mac * Desktop Mac : - Desktop Mac : -
I-Pad App * I-Pad App : - I-Pad App : -
Virtual Trading * Virtual Trading : - Virtual Trading : -
iPhone Mobile App * iPhone Mobile App : - iPhone Mobile App : -
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