Dhan Vs INDmoney (Compare Dhan and INDmoney)

Dhan Vs INDmoney

Incorporated in 2021, Dhan is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India. Incorporated in 2019, INDmoney is a Discount Broker. It offers trading at BSE, NSE. It has 1 branches across India.

	Dhan	INDmoney
Type of Broker	Discount Broker	Discount Broker
Exchnage Membership	BSE, NSE, MCX	BSE, NSE
Year of Incorporation	2021	2019
Number of Branches	1	1
		Open INDmoney Account

Dhan Vs INDmoney Charges & AMC

Dhan trading account opening charges is Rs 0 (Free) while INDmoney account opening changes is Rs 0. Dhan Demat Account AMC Charges is Rs 0 (Lifetime Zero AMC) and INDmoney Demat Account AMC Charges is Rs 0.

	Dhan	INDmoney
Trading Account Opening Charges	Rs 0 (Free)	Rs 0
Trading Account AMC Charges	Rs 0 (Free)	Rs 0
Demat Account Opening Charges	Rs 0 (Free)	Rs 0
Demat Account AMC Charges	Rs 0 (Lifetime Zero AMC)	Rs 0

Dhan Vs INDmoney Brokerage

Dhan brokerage charges for equity is Rs. 0 and intraday is Rs 20 or 0.03% of trade value, whichever is lower whereas INDmoney brokerage charges for equity is 0.05% of order value or Rs 20, whichever is lower and intraday is 0.05% of order value or Rs 20, whichever is lower.

Account Type	Dhan Flat Rate Plan	INDmoney Standard Plan
Fixed Charges	Rs 0 or Nill
Equity Delivery	Rs. 0	0.05% of order value or Rs 20, whichever is lower
Equity Intraday	Rs 20 or 0.03% of trade value, whichever is lower	0.05% of order value or Rs 20, whichever is lower
Equity Futures	Rs 20 or 0.03% of trade value, whichever is lower	Rs 20 per executed order
Equity Options	Rs 20 per executed order	Rs 20 per executed order
Currency Futures	Rs 20 per executed order or 0.03% of trade value
Currency Options	Rs 20 per executed order
Commodity Futures	Rs 20 or 0.03% of trade value, whichever is lower
Commodity Options	Rs 20 per executed order
Special Offer	Zerodha (Flat Rs 20 Per Trade) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.	Special Offer: Invest in the Indian market at a flat 20 per trade and 0 commission Mutual Funds. Get a 4X instant wallet boost with MTF at just 0.04% daily interest. Open a lifetime Free account now. Invest in Indian and US stocks from one app, starting at just Rs 100.

Dhan Vs INDmoney Leverage (Margin)

Dhan margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the INDmoney margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

	Dhan	INDmoney
Equity Delivery	100% of trade value (1x leverage)	100% of trade value (1x leverage)
Equity Intraday	Up to 20% of trade value (5x leverage)	Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm)	100% of NRML margin (Span + Exposure) (1x leverage)	100% of NRML margin (Span + Exposure) (1x leverage)
		Open INDmoney Account

Compare Dhan and INDmoney Features

The trading platforms offered Dhan include Dhan App, Dhan web, Options Trader Web, Options Trader App, TradingView Console, DhanHQ API. INDmoney offers INDmoney App, INDstocks App and INDmoney Web Platform trading software.

	Dhan	INDmoney
3 in 1 Account
Automated Trading
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	Dhan App, Dhan web, Options Trader Web, Options Trader App, TradingView Console, DhanHQ API	INDmoney App, INDstocks App and INDmoney Web Platform
Intraday Square-off Time	3:20 PM
Trading In SME Shares Allowed?
Referral Program
Other Features	APIs for Algo Trading, smallcases on Dhan
		Open INDmoney Account

Dhan Vs INDmoney Review

Dhan is rated of 5 based on 30 customer reviews whereas INDmoney is rated of 5 based on 1 customer reviews.

	Dhan	INDmoney
	30 Customer Reviews	1 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Rating
Broker Rating	Dhan is Rated 3.1 / 5 based on 30 customer reviews	INDmoney is Rated 4.0 / 5 based on 1 customer reviews