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Dhan Vs Indira Securities: Which one is better?

Both the brokers are registered with SEBI and offers investment in Equity, F&O, Currency and Commodities. The brokerage of Dhan Max Rs 20 per trade while the brokerage of Indira Securities ranges between 0.01% to 0.10%. Dhan is a Discount Broker where Indira Securities is a Full Service Broker. Dhan is having overall lower rating compare to Indira Securities. Dhan is rated only 3 out of 5 where Indira Securities is rated 4 out of 5. Number of active customer for Dhan is 4,34,798 where number of active customer for Indira Securities is 8,736. Dhan is serving more customer compare to Indira Securities.

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

  Dhan Compare
Dhan
Indira Securities Compare
Indira 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, MCX
Active Clients 4,34,798 8,736
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 free Indira Securities account and trade Faster and Smarter with Trade Insta Mobile app and Trader Terminal platform. Algo trading, free research calls & trading tips, portfolio management services, and mutual fund robotic advisory are the...Know more about Indira 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 Indira Securities on Trading & Demat Account Opening Charges

Comparison of Dhan with Indira Securities 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 Indira Securities charges Rs 400 PA AMC for Demat account.

Trading & Demat Account Opening Charges - Compare Dhan with Indira Securities
Charges Dhan Indira Securities
Trading Account Opening Fees Free Free
Trading AMC Free Free
Demat Account Opening Fees Free Free
Demat AMC Free Rs 400 PA
Provide DP Service Yes Yes
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About Brokerage Plans

Compare Dhan vs Indira Securities on Plan Options

Plans are the most important feature you look when compare Dhan with Indira 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 Indira Securities on Plan Options
Plan Types Dhan Indira 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 Indira 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.

Indira Securities Brokerage Plan detail - Indira Trade offers a fixed % based brokerage plan to customers.

Brokerage Charges - Compare Dhan with Indira Securities
Brokerage Charges Compare Dhan Indira Securities
Plan Name Dhan Brokerage Plan Traditional Brokerage Plan
Equity Delivery Free 0.10%
Equity Intraday 0.03% or Rs 20 whichever is lower 0.01%
Equity Futures 0.03% or Rs 20 whichever is lower 0.01%
Equity Options Flat Fee Rs 20 Rs. 25 per lot (both side)
Currency Futures 0.03% or Rs 20 whichever is lower Flat Fee Rs 20
Currency Options Flat Fee Rs 20 Futures: 0.01%|Options: Rs. 25 per lot (both side)
Commodity Trading Flat Fee Rs 20 Futures: 0.01%|Options: Rs. 25 per lot (both side)
Minimum Brokerage No NA
Hidden Charges No Info Not Available
Funding Info Not Available Yes - 18% interest PA
Call & Trade Charges Rs 50 per order + GST Free
Auto Square off Charges Rs 20 per order + GST Free
Brokerage Calculator Brokerage Calculator for Dhan Brokerage Calculator for Indira Securities
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Share Broker's Transaction Charges

Compare Dhan vs Indira Securities on Transaction Charges

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

Transaction Charges - Compare Dhan with Indira Securities
Transaction Charges Compare Dhan Indira 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 Non-Agri Rs 260| Agri Rs 600 Per Cr
Brokerage Charges Complete Brokerage Plans for dhan Complete Brokerage Plans for indira-securities
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Account Features

Compare Dhan vs Indira Securities on Account Features

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

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

Compare Dhan vs Indira Securities on Trading Platform

With our expert research team, we have compared all the major features of Trading platform b/w Dhan and Indira 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 Indira Securities
Trading Platform Compare Dhan Indira Securities
Desktop Trading Platform Dhan App, Web, Options Trader ODIN Diet
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://www.indiratrade.com/trade-online
Web Trading Demo Web Trading Demo Web Trading Demo
Mobile Site Yes Yes
Mobile Trading Yes Yes
Mobile Trading App Dhan App TradeInsta
Mobile Trading App Demo Dhan App Demo TradeInsta Demo
Android Mobile App Yes Yes
Android App Download Andriod Dhan App Download Andriod TradeInsta Download
iPhone Mobile App (IOS) Yes Yes
iOS App Download iOS Dhan App Download iOS TradeInsta 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 Indira Securities
Futures Brokerage Calculator Futures Brokerage Calculator for Dhan Futures Brokerage Calculator for Indira Securities
Options Brokerage Calculator Options Brokerage Calculator for Dhan Options Brokerage Calculator for Indira Securities
Detail Detail on Trading Platforms for dhan Detail on Trading Platforms for indira-securities

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Broker Ratings by Users

Compare Dhan vs Indira Securities on User Rating

  Dhan Indira Securities
  12 Customer Reviews    Rate Dhan 1 Customer Reviews    Rate Indira Securities
Fees Ratings 2.8 2.0
Trading Brokerage Rating 3.6 4.0
Trading Platform Usability 3.2 2.0
Customer Service Ratings 2.8 2.0
Overall Ratings 3.3 3.0
Broker Rating Dhan is Rated 3.3 / 5 based on 12 customer reviews Indira Securities is Rated 3.0 / 5 based on 1 customer reviews
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Investment Offerings

Compare Dhan vs Indira Securities on Investment Offerings

Compare Dhan with Indira 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 - Both broker offers trading options in Commodity (MCX). Online Mutual Fund Investment - Indira 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 Indira Securities
Investment Offerings Compare Dhan Indira Securities
Equity Cash and F&O Yes Yes
Currency Deravitives Yes Yes
Commodity Yes Yes
Online IPO Application Yes Yes
Mutual Funds No Yes
Bond / NCD No No
ETF Yes Yes
Banking No No
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 Indira Securities on Order Types

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

Compare Dhan with Indira 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 Indira Securities
Customer Service Compare Dhan Indira Securities
24/7 Customer Service Dhan vs Indira Securities - 24x7 customer support No Yes
Email Support Dhan vs Indira Securities - Email Support Yes Yes
Onine Live Chat Dhan vs Indira Securities - Onine Live Chat Yes Yes
Phone Support Dhan vs Indira Securities - Phone Support Yes Yes
Toll Free Number Dhan vs Indira Securities - Toll Free Number No Yes
Through Branches Dhan vs Indira Securities - Through Branches No Yes
Customer Care Number Dhan vs Indira Securities - Customer Care Number 022-48906273 +91-(0)731-4797105/115/146
Account Opening Process Dhan vs Indira Securities - Account Opening Process Zero Online/Paperless
Customer Support Email Dhan vs Indira Securities - Customer Support Email [email protected] [email protected]
Knowledge Center/Education Dhan vs Indira Securities - Knowledge Center/Education https://knowledge.dhan.co/support/home https://www.indiratrade.com/blog
Head Office Address Dhan vs Indira Securities - Head Office Address/Corporate Address
302, Western Edge l,
Off Western Express Highway,
Borivali East, Mumbai - 400066,
Maharashtra, India.
  • Registered Office


    Indira House,
    3rd Floor, 5 Topiwala Lane,
    Opp.Lamington Road Police Station,
    Grant Road (East),
    Mumbai - 400007.
  • Corporate Office


    Indira Securities Pvt Ltd
    204 Amar Darshan,
    28/02, Old Palasia,
    Indore - 452018
Website Dhan vs Indira Securities - Company Website https://dhan.co/ https://www.indiratrade.com/
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Tips/Research/Reports Published

Compare Dhan vs Indira Securities on Research Reports, Tips

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

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

Compare Dhan vs Indira Securities on Demat Account

Compare Dhan with Indira 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 Indira Securities is ₹450 pa (Second year onwards) 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 Indira Securities is ₹20 or 0.02% whichever is higher.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 Indira Securities
  Dhan Indira Securities
DP Source CDSL CDSL
DP ID Dhan vs Indira Securities - DP ID 289-2016 752000
Demat Account Annual Maintenance Charges(AMC) Zero ₹450 pa (Second year onwards)
Advance Deposit Nil Nil
Statutory charges Nil Nil
Transaction Charges on Debit (Per ISIN) ₹12.5 per transaction ₹20 or 0.02% whichever is higher
Demat ₹250 per certificate + courier charges ₹5 per certificate + ₹35 courier charges
Remat ₹250 per certificate + courier charges ₹50 per RRN
Pledge Creation ₹12.5 per transaction ₹50
Pledge Creation Confirmation Nil Nil
Pledge Closure ₹12.5 per transaction ₹50
Pledge Closure Confirmation Nil Nil
Pledge Invocation ₹12.5 per transaction ₹50 or 0.02% whichever is higher
Failed Instruction Charges Nil ₹25
Other Charges Nil Book Charges ₹20,POA Charges ₹130
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Special Offers,Advantages,Disadvantages

Compare Dhan vs Indira Securities on Special Offers and Promotion

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

Compare Dhan vs Indira Securities on Special Offers and Promotion
  Dhan Indira Securities
Pay In and Pay Out Options Dhan vs Indira Securities - Pay In and Pay Out Options UPI, Net banking, and Smart Fund Transfer using NEFT, RTGS, and IMPS

Pay-in/adding funds - Cheque, UPI, Online Bank Transfer via IMPS,NEFT or RTGS, Netbanking from TradeInsta.

Pay-out/Fund Withdrawal - Bank Transfer only

Payout Time Dhan vs Indira Securities - Payout Time Fast withdrawal with IMPS, NEFT Withdrawal

Max 24 hrs except bank holidays

Bank Supported and Charges Dhan vs Indira Securities - Bank Supported and Charges

Around 25 banks allow instant credit facility with charges of Rs 9 from IndiraTrade trading platform (TradeInsta).

Bank Detail HDFC Bank
Account#00360340002251
Branch: U.V.HOUSE SOUTH TUKOGANJ, INDORE, MP
IFSC Code:HDFC0000036
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 in shares, derivatives, commodities, and currencies.
  • Paperless account opening at zero charges.
  • Invest in mutual funds online.
  • Safe & secure trading platform; Trade Insta app and Trader Terminal.
  • Free stock trading tips, and research & advisory.
  • Automated trading and robotic advisory services.
  • Free call & trade
  • Place advance order like bracket order, cover order, after market order.
  • Refer & earn benefits.
  • Margin trading facility.

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...

  • 24*7 customer support is not available.
  • You cannot open a 3-in-1 account with Indira Securities.
  • It doesn’t facilitate NRI trading services.
  • High brokerage charges compared to other brokers.
  • MF Planet platform only provides regular mutual fund schemes.

Detail Review...

Special Offers/Promo Open a Free demat and Trading Account with Indira Securities and Trade at a Flat Fee Rs 20 Per Order.
Enquiry Open Zerodha Account Now>> Open Zerodha Account Now>>

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