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Finvasia Vs Dhan: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of Finvasia Max Rs 0 per trade while the brokerage of Dhan Max Rs 20 per trade. Both the brokers are Discount Brokers. Finvasia is having overall higher rating compare to Dhan. Finvasia is rated 4 out of 5 where Dhan is rated only 3 out of 5. Number of active customer for Dhan is 4,69,961 where number of active customer for Finvasia is 1,13,306. Dhan is serving more customer compare to Finvasia.

Here we present side-by-side comparison of Finvasia vs Dhan share brokers in India. The comparison is based on more than 100+ attributes for clear decision making. To be precise, we have compared Finvasia vs Dhan'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 Finvasia vs Dhan share brokers in India. The comparison is based on more than 100+ attributes for clear decision making.

To be precise, we have compared Finvasia vs Dhan'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 Finvasia vs Dhan on Service

  Finvasia Compare
Finvasia
Dhan Compare
Dhan
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type What is this parameter? Discount Broker Discount Broker
Exchanges Supported What is this parameter? BSE, NSE, MCX, NCDEX BSE, NSE, MCX
Active Clients 1,13,306 4,69,961
Broker Overview Finvasia is India’s first discount brokerage house offering zero brokerage online trading account, zero lifetime Demat AMC, and online trading in stocks, derivatives, commodities, and currencies at absolutely NIL brokerage on the feature-rich S... Know more about Finvasia 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
Broker Enquiry Request call back from Zerodha Request call back from Zerodha
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Account Opening Charges and AMC

Compare Finvasia vs Dhan on Trading & Demat Account Opening Charges

Comparison of Finvasia with Dhan on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - Both broker don't charge any AMC for Demat Account.

Trading & Demat Account Opening Charges - Compare Finvasia with Dhan
Charges Finvasia Dhan
Trading Account Opening Fees Free Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Free Free
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Finvasia vs Dhan on Plan Options

Plans are the most important feature you look when compare Finvasia with Dhan. 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 Finvasia with Dhan on Plan Options
Plan Types Finvasia Dhan
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 Finvasia vs Dhan on Brokerage Charges

Finvasia Brokerage Plan detail - Free Trading - Zero Brokerage Plan: Finvasia allows customers to trade in different segments at free of cost.

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.

Brokerage Charges - Compare Finvasia with Dhan
Brokerage Charges Compare Finvasia Dhan
Plan Name Zero Brokerage Trading Plan Dhan Brokerage Plan
Equity Delivery Rs 0 Free
Equity Intraday Rs 0 0.03% or Rs 20 whichever is lower
Equity Futures Rs 0 0.03% or Rs 20 whichever is lower
Equity Options Rs 0 Flat Fee Rs 20
Currency Futures Rs 0 0.03% or Rs 20 whichever is lower
Currency Options Rs 0 Flat Fee Rs 20
Commodity Trading Rs 0 Flat Fee Rs 20
Minimum Brokerage NA No
Hidden Charges No No
Funding Yes, 24% interest PA Info Not Available
Call & Trade Charges Free Rs 50 per order + GST
Auto Square off Charges Free Rs 20 per order + GST
Brokerage Calculator Brokerage Calculator for Finvasia Brokerage Calculator for Dhan
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Share Broker's Transaction Charges

Compare Finvasia vs Dhan on Transaction Charges

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

Transaction Charges - Compare Finvasia with Dhan
Transaction Charges Compare Finvasia Dhan
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 Non-Agri: Rs 260 Per Cr | Agri: Rs 175 Per Cr NA
Brokerage Charges Complete Brokerage Plans for finvasia Complete Brokerage Plans for dhan
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Account Features

Compare Finvasia vs Dhan on Account Features

Compare Finvasia with Dhan on Account Features like 3-in-1 account, Algo Trading, NRI Trading, Margin Trading Funding and many more. Account Type - both the brokers offers 2-in-1 account which includes trading and demat account. Algo Trading - both offers Algo trading/Automated Trading/Robotic trading/Program Trading for equity. Margin Funding - Dhan offers a margin funding where Finvasia doesn't offers margin funding. NRI Trading - Finvasia offers NRI where Dhan doesn't offers NRI Trading.

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

Compare Finvasia vs Dhan on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Finvasia and Dhan. 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 Finvasia with Dhan
Trading Platform Compare Finvasia Dhan
Desktop Trading Platform OMNESYS NEST Dhan App, Web, Options Trader
Desktop Demo Info Not Available Desktop Demo
Desktop Platform (Windows) Yes No
Desktop Platform (Mac) No No
Web Trading Platform Yes Yes
Web Trading Detail https://trade.finvasia.com/ https://web.dhan.co/
Web Trading Demo Info Not Available Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App SCALPERT Dhan App
Mobile Trading App Demo SCALPERT Demo Dhan App Demo
Android Mobile App Yes Yes
Android App Download Andriod SCALPERT Download Andriod Dhan App Download
iPhone Mobile App (IOS) No Yes
iOS App Download Info Not Available iOS Dhan App Download
Android Tablet App Yes Yes
iPad App (IOS) No Yes
Trading Software Charges Basic platforms are free, advance platforms are chargeable. Free
Equity Brokerage Calculator Equity Intraday and Delivery Brokerage Calculator for Finvasia Equity Intraday and Delivery Brokerage Calculator for Dhan
Futures Brokerage Calculator Futures Brokerage Calculator for Finvasia Futures Brokerage Calculator for Dhan
Options Brokerage Calculator Options Brokerage Calculator for Finvasia Options Brokerage Calculator for Dhan
Detail Detail on Trading Platforms for finvasia Detail on Trading Platforms for dhan

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Broker Ratings by Users

Compare Finvasia vs Dhan on User Rating

  Finvasia Dhan
  17 Customer Reviews    Rate Finvasia 12 Customer Reviews    Rate Dhan
Fees Ratings 4.3 2.8
Trading Brokerage Rating 4.6 3.6
Trading Platform Usability 4.0 3.2
Customer Service Ratings 3.5 2.8
Overall Ratings 4.2 3.3
Broker Rating Finvasia is Rated 4.2 / 5 based on 17 customer reviews Dhan is Rated 3.3 / 5 based on 12 customer reviews
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Investment Offerings

Compare Finvasia vs Dhan on Investment Offerings

Compare Finvasia with Dhan 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 - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - Finvasia 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 Finvasia with Dhan
Investment Offerings Compare Finvasia Dhan
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application Yes Yes
Mutual Funds Yes No
Bond / NCD Yes No
ETF Yes Yes
Banking No No
Insurance No No
Forex No No
MF SIP Investment Yes No
Equity SIP Investment No Yes
PMS Service No No
Other Investment Options NIL NIL
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Order Types

Compare Finvasia vs Dhan on Order Types

Order Type - Compare Finvasia with Dhan 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- Dhan offers Good Till Cancelled (GTC) orders where Finvasia doesn't support Good Till Cancelled (GTC) orders.

Order Types - Compare Finvasia with Dhan
Order Type Compare Finvasia Dhan
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 No Yes
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Customer Service Offered

Compare Finvasia vs Dhan on Customer Service

Compare Finvasia with Dhan 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 Finvasia with Dhan
Customer Service Compare Finvasia Dhan
24/7 Customer Service Finvasia vs Dhan - 24x7 customer support No No
Email Support Finvasia vs Dhan - Email Support Yes Yes
Onine Live Chat Finvasia vs Dhan - Onine Live Chat Yes Yes
Phone Support Finvasia vs Dhan - Phone Support Yes Yes
Toll Free Number Finvasia vs Dhan - Toll Free Number No No
Through Branches Finvasia vs Dhan - Through Branches No No
Customer Care Number Finvasia vs Dhan - Customer Care Number Support: +91 9779 097 777/Sales: +91 9098 001 001 022-48906273
Account Opening Process Finvasia vs Dhan - Account Opening Process Online/Paperless Zero
Customer Support Email Finvasia vs Dhan - Customer Support Email [email protected]/[email protected] [email protected]
Knowledge Center/Education Finvasia vs Dhan - Knowledge Center/Education https://finvasia.com/announcements https://knowledge.dhan.co/support/home
Head Office Address Finvasia vs Dhan - Head Office Address/Corporate Address Finvasia Securities Pvt Ltd
Plot #10,
Netsmatrz House (Level 3),
Rajiv Gandhi Chd. Tech Park,
Chandigarh -160101

302, Western Edge l,
Off Western Express Highway,
Borivali East, Mumbai - 400066,
Maharashtra, India.
Website Finvasia vs Dhan - Company Website https://www.finvasia.com/ https://dhan.co/
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Tips/Research/Reports Published

Compare Finvasia vs Dhan on Research Reports, Tips

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

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

Compare Finvasia vs Dhan on Demat Account

Compare Finvasia with Dhan 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 Finvasia is Free where for Dhan is Zero. Finvasia is a better choice in terms of Demat AMC compare to Dhan.

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 Finvasia is ₹9 + ₹5.50 (CDSL Charges) for every transaction where for Dhan is ₹12.5 per transaction.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 Finvasia with Dhan
  Finvasia Dhan
DP Source CDSL CDSL
DP ID Finvasia vs Dhan - DP ID 84300 289-2016
Demat Account Annual Maintenance Charges(AMC) Free Zero
Advance Deposit Rs 0 Nil
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) ₹9 + ₹5.50 (CDSL Charges) for every transaction ₹12.5 per transaction
Demat ₹15 per certificate ₹250 per certificate + courier charges
Remat ₹15 for every hundred securities + CDSL Charges ₹250 per certificate + courier charges
Pledge Creation ₹25 per transaction ₹12.5 per transaction
Pledge Creation Confirmation NIL Nil
Pledge Closure ₹25 per transaction ₹12.5 per transaction
Pledge Closure Confirmation NIL Nil
Pledge Invocation ₹19 per transaction ₹12.5 per transaction
Failed Instruction Charges ₹49 Nil
Other Charges Nil Nil
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Special Offers,Advantages,Disadvantages

Compare Finvasia vs Dhan on Special Offers and Promotion

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

Compare Finvasia vs Dhan on Special Offers and Promotion
  Finvasia Dhan
Pay In and Pay Out Options Finvasia vs Dhan - Pay In and Pay Out Options Pay-in with cheque, online bank transfer via IMPS, NEFT or RTGS, UPI, Netbanking / Payment Gateway from SCALPERT, NSET, NOW, Fox Trader, BEST Software.
Pay-out / Withdrawal Fund through bank transfer only.
UPI, Net banking, and Smart Fund Transfer using NEFT, RTGS, and IMPS
Payout Time Finvasia vs Dhan - Payout Time Up to 24 hrs except for bank holidays. Fast withdrawal with IMPS, NEFT Withdrawal
Bank Supported and Charges Finvasia vs Dhan - Bank Supported and Charges Around 20+ banks allow instant credit facility (payment gateway) with charges of Rs 9 + GST from Finvasia trading platforms.
Bank Detail FINVASIA SECURITIES PVT LTD,
Account Number:08730340000255
Bank and Branch: Plot no.28, Phase 1, Industrial Area, Chandigarh
Account Type: Current Account
IFSC Code:HDFC0000873
Likes

No-doubt, zero brokerage fees is the most crucial benefit available on trading with Finvasia. Check out the key pros or advantages of opening an account and trading with Finvasia as follows;

  • Zero account opening fees.
  • Commission or Brokerage-free trading across all segments.
  • Free and easy-to-use platforms; Shoonya web, app, and exe desktop software.
  • Free of cost Shoonya Developer API.
  • Start algo trading with HFT Algo.
  • Invest in IPO, bonds, and direct mutual funds.
  • Finvasia allows BTST (Buy Today, Sell Tomorrow) facility.
  • Place advanced orders like bracket order (BO), cover order (CO), and after market order (AMO).
  • GTT (Good Till Triggered order) is available across all segments with 1 year validity.
  • Zero call & trade charges.
  • No annual maintenance fee.
  • Zero hidden charges.
  • Lowest DP Charges.

Detail Review...

  • 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...

Dislikes

Despite no brokerage charges levied, there are some concerns, cons, or disadvantages of trading with Finvasia, here are the points;

  • Does not provide margin funding.
  • You cannot open a 3-in-1 account with Finvasia.
  • Finvasia is an online discount broker and does not have any physical branches.
  • It does not provide intraday trading tips, investment ideas, and research
  • No dedicated relationship manager.

Detail Review...

  • 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...

Special Offers/Promo Free Account Opening+Free Demat AMC+Free Trading.
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Last Updated on 2023-09-05T02:25:49+00:00