IIFL Securities 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 IIFL Securities Max Rs 20 per trade while the brokerage of Dhan ranges between Rs 20. IIFL Securities is a Full Service Broker where Dhan is a Discount Broker. IIFL Securities is having overall higher rating compare to Dhan. IIFL Securities 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 IIFL Securities is 4,39,137. Dhan is serving more customer compare to IIFL Securities.

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

	IIFL Securities	Dhan
Overall Rating
Brokerage Charges
Trading Platform
Investments Offering
Customer Service
Broker Type	Full Service Broker	Discount Broker
Exchanges Supported	BSE, NSE, MCX, NCDEX	BSE, NSE, MCX
Active Clients	4,39,137	4,69,961
Broker Overview	IIFL (India Infoline) is one of the prominent full-service brokers in India backed by complete investment planning solutions, cutting-edge technology platforms (IIFL Markets app and Trader Terminal), the industry’s best research & advisory,...	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...
Broker Enquiry

Account Opening Charges and AMC

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

Comparison of IIFL Securities with Dhan on trading & demat account opening charges and AMC. Trading account opening charges - Both broker offers Free Trading account opening. Demat AMC charges - Dhan offer Free AMC for Demat account where IIFL Securities charges Rs 250 PA (Free for 1st year) AMC for Demat account.

Trading & Demat Account Opening Charges - Compare IIFL Securities with Dhan
Charges	IIFL Securities	Dhan
Trading Account Opening Fees	Free	Free
Trading AMC	Free	Free
Demat Account Opening Fees	Free	Free
Demat AMC	Rs 250 PA (Free for 1st year)	Free
Provide DP Service

About Brokerage Plans

Compare IIFL Securities vs Dhan on Plan Options

Plans are the most important feature you look when compare IIFL Securities 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 IIFL Securities with Dhan on Plan Options
Plan Types	IIFL Securities	Dhan
Multiple Plans
Monthly Plans
Yearly Plans

Account Opening Request

Account Opening

	IIFL Securities	Zerodha
Account Opening Request	Open IIFL Securities Account Now>>	Open Zerodha Account Now>>

Brokerage Charges

Compare IIFL Securities vs Dhan on Brokerage Charges

IIFL Securities Brokerage Plan detail - IIFL iSERVE flat discount brokerage plan charges a maximum of Rs. 20 per order brokerage across segments.

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 IIFL Securities with Dhan
Brokerage Charges Compare	IIFL Securities	Dhan
Plan Name	IIFL iSERVE Brokerage Plan	Dhan Brokerage Plan
Equity Delivery	Flat Rs 20 per order	Free
Equity Intraday	Flat Rs 20 per order	0.03% or Rs 20 whichever is lower
Equity Futures	Flat Rs 20 per order	0.03% or Rs 20 whichever is lower
Equity Options	Flat Rs 20 per order	Flat Fee Rs 20
Currency Futures	Flat Rs 20 per order	0.03% or Rs 20 whichever is lower
Currency Options	Flat Rs 20 per order	Flat Fee Rs 20
Commodity Trading	Flat Rs 20 per order	Flat Fee Rs 20
Minimum Brokerage	NIL	No
Hidden Charges	Info Not Available	No
Funding	Yes - 18% interest PA	Info Not Available
Call & Trade Charges	Rs 50 Per Call + GST	Rs 50 per order + GST
Auto Square off Charges	Rs 50 Per Call + GST	Rs 20 per order + GST
Brokerage Calculator	Brokerage Calculator for IIFL Securities	Brokerage Calculator for Dhan

Share Broker's Transaction Charges

Compare IIFL Securities vs Dhan on Transaction Charges

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

Transaction Charges - Compare IIFL Securities with Dhan
Transaction Charges Compare	IIFL Securities	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 iifl-securities	Complete Brokerage Plans for dhan

Account Features

Compare IIFL Securities vs Dhan on Account Features

Compare IIFL Securities 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 - Dhan offers Algo Trading where IIFL Securities doesn't offers Algo Trading. Margin Funding - Both broker offers a margin funding. Interest need to be paid on borrowed money. NRI Trading - IIFL Securities offers NRI where Dhan doesn't offers NRI Trading.

Account Features - IIFL Securities with Dhan
Account Features Compare	IIFL Securities	Dhan
3 in 1 Account
Charting
Algo Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding Available
Combined Ledger for Equity and Commodity
Intraday Square-off Time	3:15PM	3:20 PM
NRI Trading
Other Features	NIL	NIL

Trading Platform

Compare IIFL Securities vs Dhan on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w IIFL Securities 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 IIFL Securities with Dhan
Trading Platform Compare	IIFL Securities	Dhan
Desktop Trading Platform	IIFL Trader terminal	Dhan App, Web, Options Trader
Desktop Demo	Desktop Demo	Desktop Demo
Desktop Platform (Windows)
Desktop Platform (Mac)
Web Trading Platform
Web Trading Detail	https://ttweb.indiainfoline.com	https://web.dhan.co/
Web Trading Demo	Info Not Available	Web Trading Demo
Mobile Site
Mobile Trading
Mobile Trading App	IIFL Markets	Dhan App
Mobile Trading App Demo	IIFL Markets Demo	Dhan App Demo
Android Mobile App
Android App Download	Andriod IIFL Markets Download	Andriod Dhan App Download
iPhone Mobile App (IOS)
iOS App Download	iOS IIFL Markets Download	iOS Dhan App Download
Android Tablet App
iPad App (IOS)
Trading Software Charges	Free	Free
Equity Brokerage Calculator	Equity Intraday and Delivery Brokerage Calculator for IIFL Securities	Equity Intraday and Delivery Brokerage Calculator for Dhan
Futures Brokerage Calculator	Futures Brokerage Calculator for IIFL Securities	Futures Brokerage Calculator for Dhan
Options Brokerage Calculator	Options Brokerage Calculator for IIFL Securities	Options Brokerage Calculator for Dhan
Detail	Detail on Trading Platforms for iifl-securities	Detail on Trading Platforms for dhan

Broker Ratings by Users

Compare IIFL Securities vs Dhan on User Rating

	IIFL Securities	Dhan
	82 Customer Reviews	12 Customer Reviews
Fees Ratings	3.1	2.8
Trading Brokerage Rating	2.9	3.6
Trading Platform Usability	3.4	3.2
Customer Service Ratings	2.9	2.8
Overall Ratings	2.8	3.3
Broker Rating	IIFL Securities is Rated 2.8 / 5 based on 82 customer reviews	Dhan is Rated 3.3 / 5 based on 12 customer reviews

Investment Offerings

Compare IIFL Securities vs Dhan on Investment Offerings

Compare IIFL Securities 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 - IIFL Securities offers online mutual fund investment option where Dhan doesn't offer. Portfolio Management Services (PMS) - IIFL Securities provide PMS Service where Dhan doesn't offer

Investment Offerings - Compare IIFL Securities with Dhan
Investment Offerings Compare	IIFL Securities	Dhan
Equity Cash and F&O
Currency Deravitives
Commodity
Online IPO Application
Mutual Funds
Bond / NCD
ETF
Banking
Insurance
Forex
MF SIP Investment
Equity SIP Investment
PMS Service
Other Investment Options	NIL	NIL

Order Types

Compare IIFL Securities vs Dhan on Order Types

Order Type - Compare IIFL Securities 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) - Dhan provides Bracket Orders (BO) where IIFL Securities doesn't offer.With the name its cleare 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 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 IIFL Securities with Dhan
Order Type Compare	IIFL Securities	Dhan
CNC order
MIS order
NRML order
Cover order
Bracket order
AMO-After Market Orders
GTC-Good Till Cancelled

Customer Service Offered

Compare IIFL Securities vs Dhan on Customer Service

Compare IIFL Securities 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 IIFL Securities with Dhan
Customer Service Compare	IIFL Securities	Dhan
24/7 Customer Service
Email Support
Onine Live Chat
Phone Support
Toll Free Number
Through Branches
Customer Care Number	022-40071000	022-48906273
Account Opening Process	Online/Paperless	Zero
Customer Support Email	[email protected]	[email protected]
Knowledge Center/Education	https://ttweb.indiainfoline.com/Trade/FAQs/Statements.aspx	https://knowledge.dhan.co/support/home
Head Office Address	IIFL House, Sun Infotech Park, Road No. 16V, Plot No. B-23, MIDC, Thane Industrial Area, Wagle Estate, Thane-MH-400604	302, Western Edge l, Off Western Express Highway, Borivali East, Mumbai - 400066, Maharashtra, India.
Website	https://www.indiainfoline.com/	https://dhan.co/

Tips/Research/Reports Published

Compare IIFL Securities vs Dhan on Research Reports, Tips

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

Research Reports - Compare IIFL Securities with Dhan
	IIFL Securities	Dhan
Research Mutual Funds
Research Equity Reports
Research ETF
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Demat Account

Compare IIFL Securities vs Dhan on Demat Account

Compare IIFL Securities 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 Dhan is Zero where for IIFL Securities is ₹400 pa.

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 IIFL Securities is 0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges) 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 IIFL Securities with Dhan
	IIFL Securities	Dhan
DP Source	CDSL	CDSL
DP ID	44700	289-2016
Demat Account Annual Maintenance Charges(AMC)	₹400 pa	Zero
Advance Deposit	Nil	Nil
Statutory charges	Nil	Nil
Transaction Charges on Debit (Per ISIN)	0.04% of transaction value (Min ₹25) + ₹5.50 (CDSL Charges)	₹12.5 per transaction
Demat	₹15 per certificate + ₹40 courier charges	₹250 per certificate + courier charges
Remat	₹15 for every hundred securities or ₹15 per certificate (whichever is higher) + ₹40 courier charges	₹250 per certificate + courier charges
Pledge Creation	₹50	₹12.5 per transaction
Pledge Creation Confirmation	Nil	Nil
Pledge Closure	Nil	₹12.5 per transaction
Pledge Closure Confirmation	Nil	Nil
Pledge Invocation	Nil	₹12.5 per transaction
Failed Instruction Charges	Nil	Nil
Other Charges	Nil	Nil

Special Offers,Advantages,Disadvantages

Compare IIFL Securities vs Dhan on Special Offers and Promotion

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

Compare IIFL Securities vs Dhan on Special Offers and Promotion
	IIFL Securities	Dhan
Pay In and Pay Out Options	Pay-in/adding funbds - Cheque, Online Bank Transfer via IMPS,NEFT or RTGS, UPI, Netbanking/Payment Gateway from TradeTerminal or TTWeb or Mobile App. Pay-out/Fund Withdrawal - Bank Transfer only	UPI, Net banking, and Smart Fund Transfer using NEFT, RTGS, and IMPS
Payout Time	Max 24 hrs except bank holidays, Minimum balance of Rs 1000 need to be maintain.Amount shold be greter then Rs 999.	Fast withdrawal with IMPS, NEFT Withdrawal
Bank Supported and Charges	Around 23 banks allow instant credit facility (Payment Gateway) with charges of Rs 9 from IIFL trading platforms.
Bank Detail	India Infoline Ltd Account No.:IILEQ1XXXX Bank:YES BANK Branch:MUMBAI Account Type:CURRENT IFSC Code:YESB0CMSNOC
Likes	Hassle-free onboarding process at zero paperwork. Zero Demat AMC for 1 year. Lowest brokerage online trading at just Rs. 20/order Free state-of-the-art mobile app, web, and desktop trading software. Paperless mutual fund investment at zero brokerage. Smart tools like order slicing, equitySIP, futures & options strategy builder, algo trading, advanced screeners, etc. Comprehensive equity and mutual funds research. Pre-IPO apply Place bracket order (BO), cover order (CO), aftermarket order (AMO), and Valid Till Date (VTD) order. Margin trading facility. Blogs and knowledge center for beginners. 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	IIFL not being a part of any banking organization does not provide a 3-in-1 account opening facility to trade with ease and flexibility. If you only invest in stocks (Delivery, CNC order) then Zerodha and Prostocks are the best brokers who offer free delivery trading. 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
Enquiry	Open IIFL Securities Account Now>>	Open Zerodha Account Now>>

Last Updated on 2023-09-14T04:42:55+00:00