Dhani Stocks Review - 2021

Rated 4/5 by Top Share Brokers Team
Dhani Stocks Review

Contact Dhani Stocks

Name 

 Phone 
Email   State 
City    NRI Form ⇒

Dhani Stocks (prior known as Indiabulls Securities Ltd) is a part of India's leading financial service provider, Indiabulls Group. The low-cost discount broker is offering unlimited trading at just Rs. 500 per month subscription fee that is the key USP of the Dhani Stocks. It is one of the best discount brokers due to its value subscription plans, best online trading platforms, free call & trade, easy onboarding process, and widespread branch network. Dhani Stocks subscription-based trading plan allows customers to do unlimited trading in equity, F&O, and currency segments and enjoy zero brokerage benefits on intraday and delivery segments by just paying a monthly subscription fee of Rs. 500.

Since Dhani Stocks is a registered BSE, NSE, MCX, and NCDEX broker, therefore, offers equity trading, derivatives trading, commodity trading, and currency trading. IT further offers online IPO investment and mutual funds of Indiabulls AMC. It is the pioneer of the online trading platforms in all versions i.e. mobile app, desktop, and browser-based or web-trading platform. In 2020, as it is re-branded to Dhani Stocks, therefore, its trading platforms are re-launched under its brand name – Dhani Stocks App, Dhani Stocks Web, and Dhani Stocks PIB (Power Indiabulls).

Unlike other discount brokers that mainly serve customers online, Dhani Stocks has a dedicated sales team of 900+ individuals across 18+ cities who are serving customers offline through its branches. It serves customers over all communication channels whether it is e-mail, telephonic services, or offline service branches. Let's check out more about Dhani Stocks review including account opening charges, Dhani Stocks trading platforms, margins, and Dhani Stocks brokerage fee.

Dhani Stocks Review 2021 - Quick Summary

Best discount broker offering zero brokerage unlimited trading in equity, F&O, and currency @ just Rs. 500/month through the best trading platforms – Dhani Stocks App, web, and Power Indiabulls (PIB) software.


Benefits

  • Online trading in equities, derivatives, commodity, currency, IPO, and MF.
  • Open Dhani Stocks account instantly through the Dhani Stocks app.
  • Open a Free Dhani Stocks Demat Account at zero charges.
  • World-class trading platforms; Dhani Stocks Mobile App, web-platform, and PIB trading terminal.
  • Dhani Stocks Unlimited: Enjoy Zero brokerage unlimited trading in equity, F&O, and currency at a monthly subscription fee of Rs. 500.
  • Free call & trade service at no charges.
  • Get upto 16x equity intraday margin and 4x in F&O trading.
  • Advance order placement like bracket order (BO), Cover order (CO), and After market order (AMO).a
  • Strong clientele base of 7 lakhs+ customers.
  • A large sales team of 900+ individuals in 18+ cities at service branches.
  • Offline customer services over e-mail, telephone, and physical branch offices.
  • Online brokerage calculator and cost of carry calculator.
  • Transparent fee structure and no hidden fee.

Considerations

  • 3-in-1 account opening facility is not available.
  • The broker only offers Indiabulls Mutual Funds.

Special Offer

Unlimited Trading in Equity, F&O, and currency at just Rs. 500 per month. Sign up now

Request call back from Dhani Stocks

Dhani Stocks Investment Options Compare

Here we are comparing Dhani Stocks with its 5 close competitors on investment options.

Broker Dhani Stocks Sharekhan 5paisa Zerodha SAMCO
Equity Trading Type Yes Yes Yes Yes Yes
Currency Trading Yes Yes Yes Yes Yes
Commodity Trading Yes Yes Yes Yes Yes
Mutual Funds Yes Yes Yes Yes Yes
MF SIP Yes Yes Yes Yes No
ETF Investment Yes Yes Yes Yes Yes
Banking No No No No No
Insurance Yes Yes Yes No No

Dhani Stocks Brokerage Plan, Fees and Charges

Brokerage and Commission Rated 3/5

Dhani Stocks Account Opening Charges

      »»  Trading Account Opening Charges: Rs 300
      »»  Trading Account AMC: Free
      »»  Demat Account Opening Charges: Free
      »»  Demat Account AMC: Rs 300 PA

Dhani Stocks Brokerage

Dhani Stocks offers an unlimited Subscription-based trading plan to customers by charging a fixed monthly subscription fee of Rs. 500. The plan subscribers enjoy zero brokerage benefits on trading in equity, F&O, and currency. Check out more details below:

Dhani Stocks Unlimited Trading Plan @ Rs. 500/month

S. No. Particulars Brokerage charges
1. Equity intraday Zero
2. Equity Delivery Zero
3. Equity Future Zero
4. Equity Options Zero
5. Currency Futures Zero
6. Currency Option Zero
7. Commodity Future 0.03%
8. Commodity Option 0.03%

Dhani Stocks Unlimited Trading Pros

  • Unlimited trading in equity intraday, delivery, F&O, and currency at zero brokerage fee.
  • Upto 16x equity intraday margin.
  • Upto 4x exposure on derivative trading.
  • Advanced orders like BO and CO.

Dhani Stocks Unlimited Trading Cons

  • Commodity trading is not covered under the unlimited trading plan.
  • The plan is not suitable for less frequent traders due to a minimum fee of Rs. 500.
  • Unavailability of flat fee brokerage plan.

For complete brokerage charges and trading plans detail please visit Dhani Stocks Brokerage Charges.

Dhani Stocks with closest competitors

Here we are comparing Dhani Stocks with its 5 close competitors, who are currently market leader in brokerage industry.

Broker Dhani Stocks Sharekhan 5paisa Zerodha SAMCO
Service Type Discount Broker Full Service Broker Discount Broker Discount Broker Discount Broker
Brokerage Range Rs 500 PM 0.1 to 0.5% Rs 20 Rs 20 Rs 20
Account Type 2 in 1 2 in 1 2 in 1 3 in 1 2 in 1
Equity Delivery Free 0.5% or 50 paisa Flat Fee Rs 20 Free 0.2% or Rs 20 whichever is lower
Equity Intraday Free 0.1% or 10 paisa Flat Fee Rs 20 0.03% or Rs 20 whichever is lower 0.02% or Rs 20 whichever is lower
Equity Futures Free 0.1% or 10 paisa Flat Fee Rs 20 0.03% or Rs 20 whichever is lower 0.02% or Rs 20 whichever is lower
Equity Options Free 2.5% of Premium or Rs 250 per lot whichever is high Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 20
Commodity 0.03% or 3 Paisa 0.1% or 10 paisa Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 20
Currency Futures Free 0.1% or 10 paisa Flat Fee Rs 20 0.03% or Rs 20 whichever is lower 0.02% or Rs 20 whichever is lower
Currency Options Free 2.5% of Premium or Rs 30 per lot whichever is high Flat Fee Rs 20 Flat Fee Rs 20 Flat Fee Rs 20
Rating

Please refer unique and accurate Dhani Stocks Brokerage Calculator


Dhani Stocks Margin Details

Dhani Stocks offers margin on equity intraday, equity futures & options, and currency segment;

S. No. Particulars Margin
1. Equity intraday Upto 16x
2. Equity Delivery 1x or No margin
3. Equity Future Upto 4x intraday margin
4. Equity Options Upto 4x intraday margin
5. Currency Futures Upto 2x intraday margin
6. Currency Option Upto 2x intraday margin
7. Commodity Future NA
8. Commodity Option NA

Open Trading and Demat Account with Dhani Stocks

Individuals, as well as NRIs, can open Dhani Stocks trading and demat account and start online trading in multiple segments.

Dhani Stocks Trading Account

    A trading account allows buying and selling securities i.e. shares, mutual funds, and others. Dhani Stocks charges an account opening fee of Rs. 300 whereas its trading account AMC charges is nil.

Dhani Stocks Demat Account

    Securities purchased through the trading account are transferred or safely secured in the Dhani Stocks Demat Account. Thus, the account assures the electronic safety of your holdings. You can open a Free demat account with Dhani Stocks at zero charges whereas its Demat AMC charge is Rs. 300 + applicable GST.

How to open Dhani Stocks Demat and Trading Account?

  1. Open online account: Download the Dhani Stocks App, sign-in, and open an account online instantly.
  2. Open offline account: Visit the nearest Dhani Stocks branches and fill and submit an offline account opening form.

Contact Dhani Stocks

Name 

 Phone 
Email   State 
City    NRI Form ⇒

Alternatives to Dhani Stocks

 comparison
 comparison
 comparison
 comparison

Dhani Stocks Trading Platform and Tools

Trading Platforms Rated 4.5/5

    Dhani Stocks online trading platforms are available in web, desktop, and mobile app versions. All of these platforms are developed in-house and offer a seamless, easy to use, and ultimate trading experience to customers. Let's check out here more details;

    Dhani Stocks App – Mobile Trading App

      The discount broker offers a user-friendly Dhani Stocks app that can be easily downloaded on Android and smartphones. Customized watch-list creation, fast order execution, online portfolio tracking, easy onboarding, real-time market feed, margin funding, etc. are the most important features of the mobile app. Dhani Stocks mobile app allows customers to trade anytime anywhere.

    Dhani Stocks Web – Web-Trading Platform

      The web-trading platform – Dhani Stocks web is accessible through any supported browser i.e Chrome, Safari, and Internet Explorer. Clients can visit the Dhani Stocks website, log in to their account, and start online trading. Smart UI, elegant design, live streaming market quotes, online portfolio tracker, one-click order placement, online IPO application, intraday and historical charting, etc. are the key features of the browser-based Dhani Stocks web platform.

    Dhani Stocks PIB – Desktop Trading Terminal

      Dhani Stocks PIB (Power Indiabulls) is a trading terminal or desktop trading software that is extremely useful for high-level traders. Fundamental and technical research, powerful charting, trading reports, live market prices, etc. are the main features of the software.

    Dhani Stocks Call & Trade – Trade over the Phone

      The call & trade facility by Dhani Stocks enables clients to call the central dealing desk and the team will place an online order on your behalf. The key benefit is that the broker provides a free call & trade facility at no extra charges.

    For detail review of mobile app and download please visit Dhani Stocks Trading Platform Review.

Dhani Stocks Trading Platform Compare

Here we are comparing Dhani Stocks with its 5 close competitors on Trading Platform.

Broker Dhani Stocks Sharekhan 5paisa Zerodha SAMCO
Desktop Windows Yes Yes Yes Yes Yes
Desktop Mac Yes No No No No
Web Trading Yes Yes Yes Yes Yes
Android Tablet App Yes Yes Yes Yes Yes
Android Mobile App Yes Yes Yes Yes Yes
iPhone App (iOS Mobile App) Yes Yes Yes Yes No
iPad App Yes Yes Yes Yes No
Mobile Site Yes Yes Yes Yes Yes

Final thought about Dhani Stocks

Rated 4/5 by 33 users

Dhani Stocks is the best discount broker for those who are looking for the lowest brokerage due to its zero brokerage unlimited trading benefits in equity, derivative, and currency segment at just Rs. 500 per month. Moreover, powerful online trading platforms, free fund transfer, free dial & trade, margins availability, easy customer support, etc. are the key advantages of trading with Dhani Stocks.

However, people who want to invest only in mutual funds must be well-aware of the fact that the broker only offers Indiabulls mutual funds. Apart from this, the unavailability of a 3-in-1 account and GTC (Good Till Triggered) order are the key cons of Dhani Stocks trading.

If you like what you have read and want to open an trading and demat account with Dhani Stocks, leave your contact information with us and we will guide you.

Last updated on 2020-12-11



Dhani Stocks FAQs

  1. 1. How to change or update bank details in Dhani Stocks?

    Traders can change or add a new bank to their Dhani Stocks Trading Account anytime whenever they want. Here is the process on how to add a new bank to Dhani Stocks;

    • Visit the Dhani Stocks official website.
    • Get the Bank Details Updation Form and download it.
    • Fill out the form and must be signed by the trading account holder.
    • Attach any of the valid bank proof to add or link a new bank account i.e. latest bank statement, canceled cheque leaf, etc.
    • Send the duly filled bank change form to the Indiabulls Securities service branch or send it directly to the head office address.

     

     

  2. 2. What is your review on Dhani Stocks?

    Dhani Stocks, a broking arm of Indiabulls Group is among one of the leading discount brokers due to the following reasons:

    • Multiple investment products i.e. stocks, F&O, commodity, currency, and IPO.
    • Strong clientele base of 7 lakh+ customers.
    • Dhani Stocks unlimited trading based on its subscription plans at Rs. 500/month.
    • Fixed monthly trading plans provide Zero brokerage benefits.
    • The easy onboarding process allows opening an account instantly.
    • Pioneering trading platforms like Dhani Stocks App, Web, and PIB (Power Indiabulls).
    • Online as well as offline services through service branches.
    • Free call & trade service.

     

     

  3. 3. Is Dhani Stocks good for beginners?

    Beginner-level traders look for the lowest brokerage discount broker, therefore, Dhani Stocks is undoubtedly the best broker for them because its unlimited subscription-based trading plan allows customers to trade-in equity intraday, equity delivery, derivatives, and currency segment at zero brokerage by just paying a monthly subscription fee of Rs. 500. Moreover, easy to use mobile trading app - Dhani Stocks App and the best trading terminal – Dhani Stocks PIB are the key reasons why Dhani Stocks is a good broker for first-level traders.

     

     

  4. 4. How can I place Dhani Stocks trade order through call & trade?

    Dhani Stocks offers zero cost call & trade services, any customer can call the Dhani Stocks customer service desk and tell them to place your choice of trade order across equities, derivatives, commodity, and currency segment. To place an order through Dhani Stocks call & trade, you just need to call the customer service desk at helpline no. 022-61446300 and the relationship manager will place online trade order as per your requirement.

     

     

  5. 5. Is Dhani Stocks safe for trading?

    Prior to online trading with Dhani Stocks, every person is concerned about safety. Here, Dhani Stocks is a safe broker due to the following reasons:

    • A registered discount broker with regulatory authority – SEBI.
    • Publicly listed broker on the BSE and NSE.
    • Less customer complaint ratio.
    • Clientele base of 7 lakh+ customers.
    • Trade with the best online trading platforms
    • Discount broking arm of leading financial company, Indiabulls Group.

     

     

  6. 6. How to login with Dhani Stocks?

    To login, your account on Dhani Stocks App or Web portal, follow these steps;

    • Install the Dhani Stocks app on your phone or head to the Dhani Stocks Web.
    • Click on the “Log In” option.
    • Now, enter your account user ID and password.
    • Press “Sign In” and your account will be successfully logged in.

     

     

  7. 7. Does Dhani Stocks allow online fund transfer through UPI?

    Yes, the discount broking firm allows online fund transfer to your Dhani Stocks Trading Account using a Virtual UPI payment gateway. UPI Fund transfer process is quite easy, instant, and seamless process. One can use the Dhani Stocks app to add money instantly to their account via UPI.

     

     

  8. 8. What are various modes of online fund transfer available with Dhani Stocks?

    One can add money to his Dhani Stocks account using the following ways:

    • UPI payment gateway: Add money by entering your virtual UPI address.
    • Net banking: Transfer funds from your registered bank account.
    • Offline transfer through submitting cheque at any of the branches.

     

     

  9. 9. How to add or transfer money to Dhani Stocks Trading Account online?

    While trading online, you have to maintain the required fund balance in your trading account. Here are the steps to add money to Dhani Stocks Trading Account:

    • Login to your trading account.
    • Go to the “Account Details” option and head to the “Client Instruction”.
    • Now, click on the “Fund Transfer” tab.
    • Select your preferred bank.
    • Enter the amount you want to add and then press the “Proceed” button.
    • Funds will be transferred to your Dhani Stocks Trading account.

     

     

Compare 3 Brokers

Compare Dhani Stocks

Find out how Dhani Stocks stacks up against other brokers

Dhani Stocks User Reviews

avatar
18. Ramesh 1/11/2021 4:09:25 PM Reply
What is mcx leverage
avatar
17. taylor 12/1/2020 6:15:18 AM Reply
my advice to traders is for you to do thorough investigations before investing your funds with any of these traders. They first gain your trust by making a small profit and then block your money for no apparent reason when you invest a large amount.
avatar
16. Russell Philip 9/1/2020 9:03:05 PM Reply
I opened a standard account with Belfx. After some 2 weeks of trading, they asked me for more investment, so I upped it to around 5K EUR as it was showing profits. All seemed to be going fine, so I invested another 15K EUR and a VIP account was opened. Most of the investments were transferred barring some profit which was left in the standard account for me to practice. I deposited another 5K EUR to make it to the Platinum account, however, it was never converted to Platinum on the pretext that all trades need to be closed and VIP account needs to be opened or have fresh invested amount of 25000 EUR, which looked logical and I also didnít insist.All these while I had withdrawn 100 EUR to check the withdrawal process. After trading for another month, I mentioned that I would like to withdraw my profit, the account started going in big negative. At that point of time, I was asked for more investment to save the account which I didn''''t do and the account was ultimately blown up. I was advise by my military colleague to contact a recovery team, which I made a contact with Mr Albert Murray, he''''s an expert on binary/forex/bitcoin and crypto currency recovery. Him and his team worked relentlessly to get my invested capital including my bonus refunded back to me. I was obligated to recommend him and his funds recovery strategy. Feel free to reach out to him if you are experiencing issues with your investment broker, via his email address: albert murray 428 @ gmail . com
And he will guide you on steps to take and get your invested capital including your bonus refunded back to you.
avatar
15. dilip soni 7/19/2020 7:04:24 AM Reply
GOOD GOOD GOOD VERY GOOD
COPARE TO CHEATER BROKER IIFL IS THE NUMBER ONE
CHEATER SHARE BROKER IN INDIA

Ratings:

Brokerage - Excellent
Account Maintenance Fees - Excellent
Website Usability - Excellent
Customer Service - Excellent
Overall Experience - Excellent
avatar
14. darshana harshit thakkar 6/2/2020 12:26:50 AM Reply
kindly dont join indiabulls...please please please...it was my mistake i joined

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
avatar
13. Santosh 5/31/2020 1:37:10 PM Reply
RM Anupama Patle of IndiaBulls securities doesnít have any market knowledge and she just keeps chasing the client by calling him until he falls into the trap to do a trade. once the client agrees to trade by sympathy on her words she puts pressure on clients to do huge volumes of trade, convincing him he will not loose any money and But finally he looses all his money bcz its only pure luck and no research.

when you are absoululely busy she call you and gives you false information on the stock price and brokerage to be lieved on you and puts pressure on you buy the stock in huge volume.

I later realised that she chases put pressure on clients to do trade in huge volumes not for the profit of the customer but only to gain her commission from the clients trade.

I was a victim of this fraud lady. She is highly skilled in cheating if you give an opportunity to talk to her you will never realise that you are being cheated. Female RMís are hired by the brokers so that they follow up with the client, lure them and fall into trap. I suggest investors not to believe the RM as they here only for commission.

My post is not to target reputation of Indiabulls securities but highlight the bad practices of RM Anupama patle. similar RM would be be in other firms as well.
avatar
12. Santosh 11/25/2019 7:48:50 PM Reply
RM Anupama Patle is one most fradulent agents working for Indiabulls . Her job is to make fool of customer and loose all his money in trade. She is most cunning lady i have seen my life. She even puts pressure to reveal your password to trade.
avatar
12.1. Ramesh 5/27/2020 3:17:15 PM
RM Anupama omkarlal patle is very skilled in cheating if you give her an oppotunitty talk to her over the phone you will forget that you are being cheated by an innocent looking lady.She takes the advantage of busy individuals at work who are her specific target. she keeps calling the client over the phone to do the trade himself or reveal the password to her so that she can do the trade, she keeps the face innocently that you get to believe her at one point of time and give her the opportunity to trade you will loose your money in second trade.
avatar
11. Santosh 11/25/2019 8:21:33 AM Reply
They have cheated by putting me in a riskier situation and where i could lost a huge amount.

Ratings:

Brokerage - Very Poor
Account Maintenance Fees - Very Poor
Website Usability - Very Poor
Customer Service - Very Poor
Overall Experience - Very Poor
avatar
10. Satish nair 11/8/2017 9:16:17 PM Reply
1. Dishonest. Using your POA, they trade using funds deposited in your account to buy penny stocks. Before you realize your money is gone
2. Worst Customer Service. Their centralised Customer help-desk is impossible to get on phone. RM''s are the rudest creatures possible. My RM one, Vaishali Phalak (902278****) shouts at the top of her voice, when I call for a clarification
3. Arbitrary decisions- They started with Zero AMC and then without any intimation started charging Rs. 450 annually as AMC. I was not aware of it and they informed me after 4 years, after slapping a 2% monthly interest.

Absolutely horrible and fraudulent. Be warned of dealing with Indiabulls Ventures
avatar
10.1. Santosh Raut 11/12/2019 8:46:06 AM
Yes i have been a victim of these people please start a thread on mouthshut so more people are aware of these frauds
avatar
9. Santosh Raut 11/12/2019 8:43:47 AM Reply
Very bad and fraud Relation ship managers who work only for brokerage. even i incurred huge loss yesterday. i request people to stop using their trading platform. Finally from know i have stopped trading .






Translate topsharebrokers.com: