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Dhan Trading Platform Review 2024

Rated 3/5 by InvestorGain Team
Dhan Trading Platform Review
  1. The Pioneer Discount Broker
  2. Get 100% Free Delivery Trading
  3. Free Direct Mutual Funds & SIP

Dhan has technology-first web and mobile app-based online trading platforms to conveniently trade or invest in all segments. Dhan's platforms are built for both super traders and long-term investors with the best features for you. Dhan platforms offer everything from real-time price data to advanced charts, technical indicators, Trade from charts with TradingView, instant order placement, price alerts, stocks SIP and many more great features.

The discount broker also has its own options trading platform; Options Trader App and Web specifically for options traders. Advanced option chain analytics, option screener, option greeks, option trading strategies and real-time pay-off graphs are some of the highly sought features available on Dhan's Options Trader platform. However, Dhan does not offer an installable desktop trading terminal for professional traders. The article here provides you with a complete overview of the Dhan trading platform features.

What are the Trading Platforms offered by Dhan?

Dhan has multiple platforms and tools to trade in equities and derivatives online.

Mobile Trading App on Android Yes
Mobile Trading App on iOS or iPad Yes
Web Trading Platform Yes
Desktop Platform - Windows No
Desktop Platform - Mac No
Trading API Yes

Let’s discuss each of the Dhan trading platform features in detail as follows;

Dhan Trading Platform charges

  • No charges, yes, Dhan charges Rs 0 platform fee from customers to use any of its trading platforms, be it a mobile app or website. Users can sign up for free on any platform free of cost and start their trading and investing journey in stocks, commodities, currencies, derivatives, IPO, and ETFs.

Dhan App – Mobile Trading App

Dhan App is a share market trading app that allows you to trade across segments. The app has many incredible features for super traders and long-term investors. Trade with the lightning-fast Dhan mobile app that is compatible with Android and iOS smartphones.

Dhan Mobile App Features

  • All-in-one app to invest in shares, F&O, currencies, commodities, IPO, and ETF.
  • No limit on adding stocks in your watchlists to track stock prices.
  • Get smart portfolio insights with allocation to each holding.
  • Instant fund transfer and withdrawal facility.
  • Trade directly from charts with TradingView
  • Trade in calls & puts directly with advanced option chain and option Greeks
  • Execute multiple intraday trading strategies by placing a basket order.
  • Instant order placement in all segments.
  • Pledge margin benefits and margin funding.
  • Get upto 4x leverage on intraday trading in 950+ shares.
  • Start SIP in stocks and ETFs (Daily, weekly, or monthly)
  • Set price alerts
  • Place After market order anytime.

Dhan Web – Web Trading Platform

Dhan Broker also has a trading website that can be accessed anytime anywhere on your mobile phone, laptop, or desktop. The browser-compatible web platform has all the advanced features that a trader or investor ever wants from real-time price statistics to live market news, technical charting, and more.

Dhan web features

What makes Dhan web trading platform worthy to use include the following;

  • Track your investment portfolio holdings anytime at ease.
  • Buy and sell calls and puts directly with Advance option chain analytics.
  • Access TradingView for free to trade from charts.
  • Get live market updates and real-time news on Indian and global indices.
  • Multiple orders: Forever order, bracket order, cover order, basket order, and AMO.
  • Instant margin & pledging benefits.
  • Technical charts with lots of technical indicators.

Dhan Options Trader App

Dhan Options Trader app is a dedicated mobile app for options trading. F&O traders can download the Options Trader App from the Play Store or the App Store for a powerful trading experience. Every feature that an options trader loves is available in the Options Trader App.

Dhan Options Trader App features

Option Trader App is rated as the best mobile app for options trading due to the following features;

  • 100+ indicators, tradingview charting, and place buy & sell orders directly on charts.
  • 10+ free in-built option trading strategies
  • Pay-off graphs to examine your trading strategy’s reward and risk.
  • Option Screener with Open Interest, Put call ratio, etc. to monitor all F&O stocks
  • Live market scanner to check real-time price trends
  • Get Free Option trading ideas based on market outlook bullish, bearish, or neutral trends.
  • Option Greeks to measure options price sensitivity.
  • Instant Pledge/un-pledge facility to get margin benefits

Dhan Options Trader Web

All the features that the Options Trader app has are also available on the web platform, from pre-built strategies to custom strategy builders, real-time option pay-off graphs, option screeners (OI Gainers/Losers, Price Gainers/Losers, etc.), trade ideas, and many more. Options Trader by Dhan offers options traders a full-featured trading experience to options traders like never before.

Trading From TradingView Through Dhan

Dhan is the only discount broker in India Through which you can do direct trading from the TradingView chart. TradingView is one of the most renowned websites for traders and investors that provide you with advanced trading tools kits, indicators, charts, alerts, and many more. If you have a Dhan Demat account then you can unlock all the premium features of the TradingView for which you need to buy high subscription plans. Through TradingView you can do instant trading directly from the charts and can increase the trading speed.

Connect Dhan with TradingView

  1. First of all, open your Demat account in Dhan.
  2. Now go to the “TradingView” website.
  3. Tab on the “Product” button and then move to the “Chart+”
  4. Click on the “Trading Panel” below the chart screen and time-frame bar.
  5. Choose the Dhan broker and connect it by QR code or Login ID password.

Once you connect the Dhan with Trading you will get all the premium features of TradingView free of cost.This will make your trading easy and optimized.

How to do Trading from TradingView Charts

Dhan enables direct trading from tradingView using its advanced trading features and products. You can trade directly from the chart without filling up the order book so your trading speed increases. Follow the step for direct trading through TradingView:-

  • Connect the Dhan to TradingView.
  • For quick trading directly from the chart, you need to go to settings and then click on “Trading” and Click on the checkbox of the “Instant Orders Placement”
  • Search the desired scrip from the “Symbol Search” menu. And here you will see that your quick order for buy and sell trade gets activated.
  • You also can set the stock price and quantity directly from the chart to buy, sell, Limit and alert.
  • You can confirm your order from the order book.
  • In case you want to cancel your order you can do it to make your position.

Once you place your order then you can track it from the order book where you will get an account summary, profit/Loss, Positions, Orders and Notification Logs. So using TradingView, the trading experience becomes easy and fast.

Benefits of TradingView

  • Trade directly from charts.
  • Advanced order placement facility like Basket order.
  • Access real-time stock prices, news, updates and alerts.
  • Dedicated backup data feed.
  • Live P&L for all positions on TradingView charts in real-time.
  • Access the global market.
  • Webhook alerts.
  • Multiple screens for stock indices, prices, and charts with drawing tools.

DhanHQ Trading APIs

Dhan provides free-of-cost APIs to traders and investors to build a customized trading platform for online trading. Algo traders, fintech companies, banks, stock brokers and traders can access DhanHQ Trading API for free.

Types of Dhan API

  • Market Feed API
  • Historical Data API
  • Order Management API
  • Portfolio API
  • Statement API
  • Funds API
  • Onboarding KYC API
  • Payment API
  • Basket Order API
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FAQs

Yes, Dhan Mobile Trading App is a simple, safe & secure app protected with biometric login authentication. Users can enable face ID or fingerprint authentication to log in with ease and security. In addition, a high-end encryption standard is used to protect customers' private data.

 

Yes, Dhan share trading app is a free mobile app to trade in shares and futures & options. There are no charges to use Dhan app on Android and iOS devices.

 

Yes, DhanHQ trading API is absolutely free to design your own trading platform. Dhan provides two types of APIs; Trading API and Data API. Trading API includes API access for order placement, portfolio, positions, special orders, etc. while Data API includes market feed API and historical data API.

 

Simplify your trading and investing journey with a simple, superfast, and easy-to-use Dhan mobile app available on Android and iOS devices.

  1. Log in to the Dhan App.
  2. Select the segment you wish to trade in among equities, derivatives, currencies, commodities, and ETFs.
  3. Search for the relevant scrip, you want to place an order in.
  4. Add the scrip to the watchlists.
  5. Click on the “Buy” or “sell” order option.
  6. Enter details like price, quantity, etc., and submit the order.
  7. The executed order will be visible in the “Position” tab.

 

Dhan provides the best technology trading platform with lots of advanced features for both traders and long-term investors. Dhan app has the following charting feature for users;

  • Trade directly from the charts
  • Multi-Window charting feature to see upto 5 charts.
  • ChartIQ and TradingView charting library.

 

Last Updated on 2023-09-14