"Dhani Stocks is India’s leading discounted stockbroker offering an unlimited subscription plan with nil brokerage and free call & trade + trading + funds transfers."
Why 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.
Positives
- 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.
Needs Improvement
- 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 247 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.
Overview :
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|
| Year of Incorporation | 2000 |
| Products | Mutual Fund, Broking |
| Demat Services | Yes |
| Active Exchange Memberships | NSE, BSE, MCX & NCDEX |
| Website | https://www.dhanistocks.com/ |
| Contact Details | - |
| Total Number of Clients | 30,286 |
| Total Number of Branches | 18 |
Dhani Stocks is an Indian discounted broker, a Gurgaon-based company, previously acknowledged as Indiabulls Securities till 2020. Dhani Stocks is a part of India's leading financial service provider Indiabulls Group and it has been offering online trading since 2000.
Dhani Stocks offers traders unlimited trading in currency, equity, derivatives, and commodity in INR 500 monthly. Dhani Stocks also offers NRI Demat accounts at the lowest rate of INR 2000 for account opening + INR 300 AMC with 0.50 % brokerage on equity delivery and 0.05 % brokerage on equity future. Dhani Stocks also offers its users investments in IPOs and mutual funds.
Dhani Stocks Mobile Trading App is available on iOS, Android, and desktop platforms offering various features like portfolio tracker, stock quotes, live market news, IPO, companies research reports, and real-time statistics. The mobile and web applications are easy to understand for beginners. In addition, there are customer service executives that support traders' on-call orders executions.
Dhani Stocks offers excellent real-time, in-depth market insights to make online trading excellent with zero brokerage on delivery. In addition, Dhani Stocks has their Global Depository Receipts at the Stock Exchange of Luxembourg.
Dhani Stocks Account Opening Charges
Dhani Stocks does not charge anything for online account opening for Trading Account & Demat Account. Rs. 300 are annual maintenance charges and would get deducted from your account even if you have not traded for a year by Dhani Stocks Zerodha to maintain your Demat account.
| Type | Account Opening (One Time) | Annual Maintenance Fees (Yearly) |
|---|---|---|
| Dhani Stocks Trading Account | ₹0 | ₹0 |
| Dhani Stocks Demat Account | ₹0 | ₹300 |
Dhani Stocks Equity Delivery & Intraday Charges
Please find below Dhani Stocks Brokerage charges for Delivery Trade & Intraday Trades. Dhani Stocks provides Delivery trade at Zero Brokerage charges and Dhani Stocks brokerage charges for Intraday are Rs. 15/ Trade.
| Charges | Equity Delivery | Equity Intraday |
|---|---|---|
| Brokerage | ₹0 (Free) | ₹15/Trade |
| STT | 0.1% ON BOTH Buy & Sell | 0.025% On the Sell-side |
| Transaction / Turnover charges | NSE : 0.00325%, BSE Rs. 1 each on buy trade & sell trade | NSE : 0.00325%, BSE Rs. 1 each on buy trade & sell trade |
| SEBI Charges | ₹ 5/Crore | ₹ 5/Crore |
| GST | 18% on (Brokerage + Transaction Charges) | 18% on (Brokerage + Transaction Charges) |
| Stamp Duty | 0.015% | 0.03% |
Dhani Stocks F&O Brokerage Charges
Please find below the Dhani Stocks Brokerage Charges list for Equity Futures & Equity Options. Dhani Stocks provides Equity Future Trading and Options Trading at Flat Rs. 15 Per Trade.
| Charges | Equity Future | Equity Option |
|---|---|---|
| Brokerage | ₹15/Trade | ₹15/Trade |
| STT | 0.01% On the Sell-side | 0.05% On the Sell-side (ON PREMIUM) |
| Transaction / Turnover charges | NSE : 0.0021%, BSE ₹ 1 each on buy trade & sell trade | NSC : 0.053%, BSE ₹ 1 each on buy trade & sell trade |
| SEBI Charges | ₹ 5/Crore | ₹ 5/Crore |
| GST | 18% on (Brokerage + Transaction Charges) | 18% on (Brokerage + Transaction Charges) |
| Stamp Duty | 0.002% | 0.003% |
Dhani Stocks Currency Trading Brokerage Charges
Please find below Dhani Stocks Brokerage Charges for Currency Future & Currency Options. Dhani Stocks charges Rs. 15/ Trade for Currency Future and Options Trading.
| Charges | Currency Future | Currency Option |
|---|---|---|
| Brokerage | ₹15/Trade | ₹15/Trade |
| STT | NA | NA |
| Transaction / Turnover charges | NSE: 0.00135% | NSE: 0.044% |
| SEBI Charges | ₹ 5/Crore | ₹5 /Crore |
| GST | 18% on (Brokerage + Transaction Charges) | 18% on (Brokerage + Transaction Charges) |
| Stamp Duty | 0.0001% | 0.0001% |
Dhani Stocks Commodity Brokerage & Other Charges
Please find below the Dhani Stocks Charges list for Commodity Trading. Dhani Stocks charges Rs. 0.03% for Commodity Trades.
| Charges | Commodity |
|---|---|
| Brokerage | 0.03% |
| STT/CTT | 0.01% on Sell |
| Transaction / Turnover charges | Non-Agri: 0.0031% | Agri: 0.00175% |
| SEBI Charges | 20 Rs/Crore |
| GST | 18% on (Brokerage + Transaction Charges) |
| Stamp Duty | Futures 0.002%, Options 0.003% |
Dhani Stocks Mutual Fund Fee Structure
At The Time of Buying
| For SIPs | Nil | Nil |
| For Lumpsum Investment | Nil | Nil |
At The Time of Selling / Switching
| For SIPs | Nil | Nil |
| For Lumpsum Investment | Nil | Nil |
Dhani Stocks Margin Exposure
Dhani Stock's margin for intraday trading is up to 20% of trade value (max 5x leverage) based on the stock. Dhani Stocks 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 Dhani Stocks F&O carry forward positions and equity delivery trades.
| Segment | Margin | Leverage |
|---|---|---|
| Equity Delivery | 100% of trade value | 1X |
| Equity Intraday | Up to 20% of trade value | 5X |
| F&O (Equity, Currency and Commodities) | 100% of NRML margin (Span + Exposure) | 1X |
Dhani Stocks Trading Platforms | Dhani Stocks Trading Software
- Dhani Stocks Web: Dhani Stocks offers an excellent seamless platform, and web-based trading that provides users the most desirable trading experience. Dhani Stock Web trading platform has user-friendly features that allow traders to place an order in real-time, track their portfolio, invest in multiple stocks and IPOs in one go, keep an eye on transactions, view historical charts, transfer funds securely, and many more.
Dhani Stock's Web trading platform ensures their users trade more innovatively and faster. The web platform is designed ergonomically, the most efficient way so that the users can do more in one go — trading, checking live prices, etc., without requiring to close anything.
- Dhani Stocks Mobile App: Dhani Stocks Mobile App allows users to trade conveniently from anywhere with the tap of a finger. Dhani Stocks Mobile app has been brilliantly developed by the Indiabulls technical team for all types of traders, allowing them to trade in various stocks, manage their portfolios, research about the companies, design and easy MarketWatch list, invest in IPOs, highest security while transferring funds from bank account to Demat account, fastest order placement, and many more.
- Dhani Stocks PIB (Power India bulls): Dhani Stocks PIB — Power Indiabulls is an exceptional integrated online platform for trading commodities, F&O, currency derivatives, and equity designed for advanced traders. Dhani Stocks PIB allows the users to watch the trading statistics — most active or volatile, top gainer or loser, sellers or buyers, in-depth study of the market, latest news about the significant global market— Hangseng, FTSE, and many more.
Dhani Stocks PIB is the most powerful trading app by Indiabulls designed especially for the Indian trading market with in-built advanced features like multiple market watches, technical analysis, domestic and global market watch under one roof, instant funds transfers, and many more.
- Saral Mobile App: Saral Mobile App by Dhani Stocks is specially designed for Mutual Funds investors where they can invest in Indiabulls Securities in a few clicks with a minimum amount of INR 1000 through SIP or the lump sum method. Currently, Dhani Stocks offers the Mutual Funds investment for Indiabulls Securities only.
- Saral Web Trading Platform: Saral web trading platform is designed for the Dhani Stocks mutual funds investors who wish to perform investment through a web portal. The web portal is a simplified mutual fund investment portal that allows the user to transfer funds securely.
Saral web trading platform offers better returns on low volatility and high liquidity of the mutual fund's investment. There is no brokerage or commission or lock-in period, and the users can withdraw the invested funds instantly.
Dhani Stocks Call & Trade Charges
Dhani Stocks offers a free call and trade facility to its users. Call and trade allow the users to call the Dhani Stocks customer service department and place the order at any point when they have limited access to the internet. There are no limits for the users to place in call and trade. The free call and trade service is an excellent facility where users can save a lot of money while other traders charge up to INR 20–25 per call.
To use the call and trade features, the users need to confirm their account number and identity before placing an order online and fund the Demat account before ordering.
Final Thoughts about Dhani Stocks
Dhani Stocks is one of the trusted and oldest stock broking companies in the Indian market. Earlier known as Indiabulls Securities, renamed as Dhani Stocks to provide the traders better trading experience with unlimited trading, free services of account opening, free call and trade services, zero commission on Mutual Fund investments, and zero brokerage on equity delivery at the lowest monthly price of INR 500.
Dhani Stocks has a dedicated, highly qualified financial team to help the trader trading online. In addition, Dhani Stocks is the first-ever trading platform in India, offering a web trading portal for Mac users. With the lowest complaints throughout the year, Dhani Stocks is the most committed discounted stock broker in India and is suitable for all traders.
Free Equity Delivery Trading and Mutual Funds
- Brokerage-free Equity Delivery and flat Rs 20 per trade for Intraday & F&O +
- Brokerage-free Direct Mutual Fund investment +
- Trade with the best trading platform in India.
This is a limited-time offer. Open Instant Zerodha Account online and start trading today.
Frequently Asked Questions:
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1. Is Dhani Stocks a trustable stockbroker?
Dhani Stocks is a part of Indiabulls Group, one of the leading finance companies that deal in consumer finance, real estate, pharmaceuticals, and personal wealth. Dhani Stocks is listed on NSE and BSE, as well as registered with SEBI and CDSL. In addition, Dhani Stocks GDR (Global Depository Receipt) is listed on LSE (Luxembourg Stock Exchange). We have listed some of the reasons which give us reasons to believe that Dhani Stocks is Trustable :
- A registered discount broker with regulatory authority – SEBI.
- Dhani Stocks Limited was the first company to earn the highest broker quality grading of BQ-1 by CRISIL. The company was also assigned a strong credit rating of BWR A+ and BWR A1+ by Brickworks Ratings for its fund and non-fund-based facilities.
- Publicly listed broker on the BSE and NSE and GDR's listed on LSE.
- Less customer complaint ratio ((ranging from 0.08% to 0.15% for the last 5 years).
- Clientele base of 7 lakh+ customers.
- Trade with the best online trading platforms
- Discount broking arm of leading financial company, Indiabulls Group.
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2. How to open a Demat and Trading account with Dhani Stocks?
The user can easily open a Demat account with Dhani Stocks thru Dhani Mobile App quickly within a few minutes.
- On your Android or iOS smartphone, download Dhani Stocks from google play or the app store. (Dhani is the app name listed, and they have cards, medicines, stocks, credit, and payments in a single app)
- Select Finance and cards
- Enter the mobile number you wish to register with the Dhani Stocks
- Enter OTP you received
- Set password (minimum one alphabet and one numerical digit)
- Scroll Down and select "stocks."
- Enter your email id
- (Optional) Tick the square if you wish to get what's- app subscription
- Click on "Proceed"
- Fill up the form details — PAN card, date of birth, bank account number, bank IFSC Code, personal details, work details, trading experience, etc.
- Once you finish with the details fillings, you will find the payment page where you will be charged INR 300 — Demat Account Opening + INR 500 Unlimited Plan Amount + INR 90 (18% GST levied on INR 500). The total amount you will need to pay is INR 890 thru debit/credit card, UPI, or net banking.
- Once you have paid the amount, you will need to upload additional documentation — selfie, e-signature, financial proof. You need to verify the signature with the NSDL e-sign, and for an easy way, you can verify the details via Adhar card for the quick procedure.
- Once you are done with the process, Dhani Stocks will send you the login ID and password.
- You are ready to use your Dhani Stocks Demat account.
Please note: Currently, Dhani Stocks is offering online account opening through the Dhani Mobile app only.
An alternate option is to visit the branch office and get the Demat account opening procedure done.
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3. Can Dhani Stocks users apply for an IPO?
Yes. Dhani Stocks users can apply for IPOs through Dhani Stocks mobile app. The user needs to choose the IPO company, the number of lots that need to purchase, the bid amount, and pay the amount via UPI.
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4. Do Dhani Stocks offer investment in Mutual Funds?
Yes. Dhani Stocks offers investment in Mutual Funds. Currently, Dhani Stocks offers only Indiabulls Securities Mutual Funds to their users through SIP (monthly or quarterly) or lumpsum amount. There are nil charges for mutual fund account opening, AMC, brokerage, and commission. In addition, Dhani Stocks offers a Saral app on mobile and web platforms specially designed for mutual funds investors.
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5. What are the auto square-off timings in Dhani Stocks?
For all intraday orders, Dhani Stocks's auto square-off timings are at 03:10 PM.
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6. What are Dhani Stocks DP charges?
Dhani Stocks imposed DP (Depository Participant) charges per scrip of INR 13.50 + 18% GST, and the amount is directly debited from the Demat account. If you sell eight stocks or one stock of a particular scrip, the DP charges will be the same.
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7. What is a subscription plan in Dhani Stocks?
Dhani Stocks offers unlimited trading options to its users of INR 500 + 18% GST with zero brokerage on delivery and unlimited trading in equity, F&O, and currency.
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8. How much are brokerage charges in Dhani Stocks?
Dhani stocks charge zero brokerage on delivery and INR 15 per trade on F&O and intraday to its users. Dhani stocks also offer unlimited monthly trading plans on equity, F&O, and currency trading at the lowest monthly subscription fees of INR 500 + 18% GST. In addition, Dhani Stocks charge 0.03% brokerage for commodity F&O.
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9. Are Dhani Stocks suitable for beginners?
Dhani Stocks app is user-friendly and suitable for beginners and expert traders. they also provide free research services which will help beginners to understand the nuisance of the stock market.
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10. Do Dhani Stocks have an NRI account facility?
Yes. Dhani Stocks offers an NRI account facility to its users with the facility of 3-in-1 account opening — savings + trading + Demat account. Dhani Stocks offers NRIs Custodian Accounts for the trading in Equity Derivatives F&O. NRI traders can do trading and investments in stocks, mutual funds, and invest in IPOs.
Dhani Stocks charge 0.50% and 0.05% equity delivery and future brokerage for NRI traders. However, NRI traders will not be able to trade in currency, commodity, BTST, and intraday orders.
The NRI account opening fee is INR 2000 + INR 300 AMC.
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11. What is the trading software offered by Dhani Stocks?
Dhani stocks offer 3 trading software and tools and two additional software specially curated for mutual funds investors. Dhani Stocks trading software allows the users to trade in multiple stocks, read about the company's performance, manage their portfolios, MarketWatch list, and invest in IPOs. In addition, Dhani Stocks offers free-to-call and trade services to its users.
Dhani Stocks Stock Trading software:
- Dhani Stocks Web
- Dhani Stocks Mobile App
- Dhani Stocks PIB (Power India bulls)
Dhani Stocks Mutual Funds investments software:
- Saral Mobile App
- Saral Web Platform
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12. Are Indiabulls Securities and Dhani Stocks the same?
Yes, both are the same, Indiabulls Securities Limited has re-branded in 2020 as Dhani Stocks Limited
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13. How much brokerage does Dhani Stocks charge for Intraday and F&O?
Dhani Stocks offers free brokerage to its users for equity delivery and INR 15 for F&O and intraday orders
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