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.
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.
Unlimited Trading in Equity, F&O, and currency at just Rs. 500 per month. Sign up now
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 |
»» Trading Account Opening Charges: Rs 300
»» Trading Account AMC: Free
»» Demat Account Opening Charges: Free
»» Demat Account AMC: Rs 300 PA
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:
| 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% |
For complete brokerage charges and trading plans detail please visit Dhani Stocks Brokerage Charges.
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 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 |
Individuals, as well as NRIs, can open Dhani Stocks trading and demat account and start online trading in multiple segments.
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.
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.
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;
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.
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 (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.
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.
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 |
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
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;
Dhani Stocks, a broking arm of Indiabulls Group is among one of the leading discount brokers due to the following reasons:
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.
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.
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:
To login, your account on Dhani Stocks App or Web portal, follow these steps;
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.
One can add money to his Dhani Stocks account using the following ways:
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:
