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Dhan Vs SBICAP Securities: Which one is better?

Both the brokers are registered with SEBI. Dhan offers investmenet in Equity, F&O, Currency and Commodities, where SBICAP Securities offers investment in Equity, F&O and Currency only. The brokerage of Dhan Max Rs 20 per trade while the brokerage of SBICAP Securities ranges between .05 to 0.50%. Dhan is a Discount Broker where SBICAP Securities is a Full Service Broker. Dhan is having overall lower rating compare to SBICAP Securities. Dhan is rated only 3 out of 5 where SBICAP Securities is rated 4 out of 5. Number of active customer for SBICAP Securities is 8,63,824 where number of active customer for Dhan is 4,69,961. SBICAP Securities is serving more customer compare to Dhan.

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

  Dhan Compare
Dhan
SBICAP Securities Compare
SBICAP Securities
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 NSE, BSE
Active Clients 4,69,961 8,63,824
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 Open a Demat & Trading Account with India’s leading SBI bank-based full-service broker, SBI Securities. A comprehensive range of products, an integrated 3-in-1 account, easy-to-use mobile app and website, fundamental and technical research ...Know more about SBICAP Securities
Broker Enquiry Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

Compare Dhan vs SBICAP Securities on Trading & Demat Account Opening Charges

Comparison of Dhan with SBICAP Securities on trading & demat account opening charges and AMC. Trading account opening charges - Dhan offer Free account opening where SBICAP Securities charges Rs 850 for account opening. Demat AMC charges - Dhan offer Free AMC for Demat account where SBICAP Securities charges Rs 500 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Dhan with SBICAP Securities
Charges Dhan SBICAP Securities
Trading Account Opening Fees Free Rs 850
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Free Rs 500 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Dhan vs SBICAP Securities on Plan Options

Plans are the most important feature you look when compare Dhan with SBICAP Securities. 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 SBICAP Securities on Plan Options
Plan Types Dhan SBICAP Securities
Multiple Plans No No
Monthly Plans No No
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 SBICAP Securities 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.

SBICAP Securities Brokerage Plan detail - This is a standard plan by SBI Securities. This is a fixed percentage-based brokerage plan. Brokerage is between .05% to .5%, which is 5 paisa to 50 paise.

Brokerage Charges - Compare Dhan with SBICAP Securities
Brokerage Charges Compare Dhan SBICAP Securities
Plan Name Dhan Brokerage Plan Standard or default brokerage plan
Equity Delivery Free 0.50%
Equity Intraday 0.03% or Rs 20 whichever is lower 0.05%
Equity Futures 0.03% or Rs 20 whichever is lower 0.05%
Equity Options Flat Fee Rs 20 Rs 100 Per Lot
Currency Futures 0.03% or Rs 20 whichever is lower 0.03%
Currency Options Flat Fee Rs 20 Rs 30 Per Lot
Commodity Trading Flat Fee Rs 20 Rs. 100 per lot
Minimum Brokerage No Rs 0.05 for Cash, Rs 0.01 Future
Hidden Charges No Info Not Available
Funding Info Not Available Yes - 24% interest PA
Call & Trade Charges Rs 50 per order + GST Free First 30 calls per month, after Rs 10 per call - Max 3 scripts can be trade per call.
Auto Square off Charges Rs 20 per order + GST First Free 30 per month, after Rs 10 per square-off
Brokerage Calculator Brokerage Calculator for Dhan Brokerage Calculator for SBICAP Securities
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Share Broker's Transaction Charges

Compare Dhan vs SBICAP Securities on Transaction Charges

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

Transaction Charges - Compare Dhan with SBICAP Securities
Transaction Charges Compare Dhan SBICAP Securities
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 NA
Brokerage Charges Complete Brokerage Plans for dhan Complete Brokerage Plans for sbicap-securities
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Account Features

Compare Dhan vs SBICAP Securities on Account Features

Compare Dhan with SBICAP Securities on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - SBICAP Securities offers 3-in-1 account where Dhan offers only 2-in-1 account which includes trading and demat account. Algo Trading - Dhan offers Algo Trading where SBICAP Securities doesn't offers Algo Trading. Margin Funding - Dhan offers a margin funding where SBICAP Securities doesn't offers margin funding. NRI Trading - SBICAP Securities offers NRI where Dhan doesn't offers NRI Trading.

Account Features - Dhan with SBICAP Securities
Account Features Compare Dhan SBICAP Securities
3 in 1 Account No Dhan have 2-in-1 account. Only Demate and Trading account. Yes, Dhan have 3-in-1 accounts. Bank Account, Demat and Trading account.
Charting Yes Yes
Algo Trading Yes No
SMS Alerts No Yes
Online Demo Yes Yes
Online Portfolio Yes Yes
Margin Trading Funding Available Yes No
Combined Ledger for Equity and Commodity No No
Intraday Square-off Time 3:20 PM 3:15PM
NRI Trading No Yes
Other Features NIL Trading software terminal: ODIN Diet
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Trading Platform

Compare Dhan vs SBICAP Securities on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Dhan and SBICAP Securities. 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 SBICAP Securities
Trading Platform Compare Dhan SBICAP Securities
Desktop Trading Platform Dhan App, Web, Options Trader SBISMART XPRESS - NextTrader
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://login1.sbismart.com/nidp/app/login
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes No
Mobile Trading Yes Yes
Mobile Trading App Dhan App SBISMART
Mobile Trading App Demo Dhan App Demo SBISMART Demo
Android Mobile App Yes Yes
Android App Download Andriod Dhan App Download Andriod SBISMART Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Dhan App Download iOS SBISMART 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 SBICAP Securities
Futures Brokerage Calculator Futures Brokerage Calculator for Dhan Futures Brokerage Calculator for SBICAP Securities
Options Brokerage Calculator Options Brokerage Calculator for Dhan Options Brokerage Calculator for SBICAP Securities
Detail Detail on Trading Platforms for dhan Detail on Trading Platforms for sbicap-securities

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Broker Ratings by Users

Compare Dhan vs SBICAP Securities on User Rating

  Dhan SBICAP Securities
  12 Customer Reviews    Rate Dhan 78 Customer Reviews    Rate SBICAP Securities
Fees Ratings 2.8 3.3
Trading Brokerage Rating 3.6 3.1
Trading Platform Usability 3.2 2.8
Customer Service Ratings 2.8 2.7
Overall Ratings 3.3 2.7
Broker Rating Dhan is Rated 3.3 / 5 based on 12 customer reviews SBICAP Securities is Rated 2.7 / 5 based on 78 customer reviews
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Investment Offerings

Compare Dhan vs SBICAP Securities on Investment Offerings

Compare Dhan with SBICAP Securities 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 - Dhan offers trading options in Commodity (MCX) where SBICAP Securities doesn't offer. Online Mutual Fund Investment - SBICAP Securities 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 SBICAP Securities
Investment Offerings Compare Dhan SBICAP Securities
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes No
Online IPO Application Yes Yes
Mutual Funds No Yes
Bond / NCD No Yes
ETF Yes Yes
Banking No Yes
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 SBICAP Securities on Order Types

Order Type - Compare Dhan with SBICAP Securities 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 SBICAP Securities
Order Type Compare Dhan SBICAP Securities
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 SBICAP Securities on Customer Service

Compare Dhan with SBICAP Securities 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 SBICAP Securities
Customer Service Compare Dhan SBICAP Securities
24/7 Customer Service Dhan vs SBICAP Securities - 24x7 customer support No No
Email Support Dhan vs SBICAP Securities - Email Support Yes Yes
Onine Live Chat Dhan vs SBICAP Securities - Onine Live Chat Yes No
Phone Support Dhan vs SBICAP Securities - Phone Support Yes Yes
Toll Free Number Dhan vs SBICAP Securities - Toll Free Number No Yes
Through Branches Dhan vs SBICAP Securities - Through Branches No Yes
Customer Care Number Dhan vs SBICAP Securities - Customer Care Number 022-48906273 022 6854 5555
Account Opening Process Dhan vs SBICAP Securities - Account Opening Process Zero Offline
Customer Support Email Dhan vs SBICAP Securities - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Dhan vs SBICAP Securities - Knowledge Center/Education https://knowledge.dhan.co/support/home https://www.sbismart.com/education
Head Office Address Dhan vs SBICAP Securities - Head Office Address/Corporate Address
302, Western Edge l,
Off Western Express Highway,
Borivali East, Mumbai - 400066,
Maharashtra, India.
SBICAP SECURITIES LTD.,
A&B WING, MARATHON FUTUREX
12TH FLOOR, N.M.JOSHI MARG
LOWER PAREL,
MUMBAI - 400013
Website Dhan vs SBICAP Securities - Company Website https://dhan.co/ https://www.sbismart.com
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Tips/Research/Reports Published

Compare Dhan vs SBICAP Securities on Research Reports, Tips

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

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

Compare Dhan vs SBICAP Securities on Demat Account

Compare Dhan with SBICAP Securities 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 SBICAP Securities is ₹500 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 SBICAP Securities is 0.01% of the transaction value (Min ₹21 and Max ₹300).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 SBICAP Securities
  Dhan SBICAP Securities
DP Source CDSL CDSL
DP ID Dhan vs SBICAP Securities - DP ID 289-2016 19300
Demat Account Annual Maintenance Charges(AMC) Zero ₹500
Advance Deposit Nil 0 for all
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) ₹12.5 per transaction 0.01% of the transaction value (Min ₹21 and Max ₹300)
Demat ₹250 per certificate + courier charges ₹5 per certificate + ₹35 courier charges
Remat ₹250 per certificate + courier charges ₹35 per certificate + CDSL Charges
Pledge Creation ₹12.5 per transaction 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges
Pledge Creation Confirmation Nil 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges
Pledge Closure ₹12.5 per transaction 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges
Pledge Closure Confirmation Nil 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges
Pledge Invocation ₹12.5 per transaction 0.02% of transaction value or Min ₹25 whichever is higher + CSDL charges
Failed Instruction Charges Nil ₹10
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Dhan vs SBICAP Securities on Special Offers and Promotion

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

Compare Dhan vs SBICAP Securities on Special Offers and Promotion
  Dhan SBICAP Securities
Pay In and Pay Out Options Dhan vs SBICAP Securities - 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 SBISmart Mobile, SBISMART XPRESS Desktop and SBISMART Web application.
Pay-out/Fund Withdrawal - Bank Transfer only
Payout Time Dhan vs SBICAP Securities - Payout Time Fast withdrawal with IMPS, NEFT Withdrawal Upto 24 Hrs except Bank Holidays.
Bank Supported and Charges Dhan vs SBICAP Securities - Bank Supported and Charges Direct to SBI Bank.
Bank Detail Direct to SBI bank account
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...

  • Trade on BSE, NSE, and MCX.
  • Instant paperless 3-in-1 account opening with SBI Bank.
  • Free web and app-based trading platforms.
  • Invest in IPO, mutual funds, insurance, and get loans.
  • Place upto 5 IPO applications from a single bank account.
  • Comprehensive fundamental and technical research services across asset classes.
  • Free trading tips and recommendations.
  • Educative blogs, and videos as a learning source.
  • Margin trading services.
  • Advance orders; bracket order (BO), Cover order (CO), and after market order (AMO).
  • Place Good Till Date (GTD) order.

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...

  • It charges high brokerage than other brokers like Zerodha, Upstox, etc.
  • It does not provide any desktop trading software for pro traders.
  • The first 30 calls & trade orders are free and then, Rs. 10 per order + GST fee is charged.
  • It doesn’t have any fixed/flat discount brokerage plan.
  • Customers are not satisfied with the SBI Securities services.

Detail Review...

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

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