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Dhan vs Groww Brokerage Charges

We will compare “Dhan vs Groww” based on charges like brokerage charges, account maintenance charges, investment options, customer service, user reviews, research and analysis, and the track record and reputation of the broker.

Product Name

Dhan app review & charges

Groww app brokerage charges

Product Image Dhan app review & charges Groww app brokerage charges
Price
Our Rating 9.0 8.6
Brand Dhan Groww
Category Stock brokers Stock brokers

Company Overview

Dhan app review & chargesGroww app brokerage charges
Company name Dhan Groww Venture
Headquarters Mumbai New Delhi
Founder Mr Pravin Jadhav Lalit Keshre
Establishment Year 2021 2017

Account opening & AMC

Dhan app review & chargesGroww app brokerage charges
Account Opening Fee The account opening fee, also known as account setup charges, refers to the one-time charge levied by a brokerage firm when you open a new Demat and trading account to invest in securities like stocks, bonds, or ETFs. These fees can vary depending on the type of account, the brokerage firm, and any current promotions or offers. ₹0 ₹0
Annual Maintenance Charges (AMC) This is a yearly fee levied by the depository participant (DP) to maintain your Demat account, where your shares are held electronically. ₹0 ₹0

Pledge Charges

Dhan app review & chargesGroww app brokerage charges
Pledge Creation Charges ₹ 12.5 / transaction / ISIN + GST ₹0
Pledge Invocation Charges ₹ 12.5 / transaction / ISIN + GST ₹20
Interest on Margin Trading 0.0438% per day on outstanding MTF and non MTF debit and non maintenance of 50:50 margin Does not provide
Margin Re-Pledge ₹ 12.5 / transaction / ISIN + GST ₹5

Brokerage charges & Fees

Dhan app review & chargesGroww app brokerage charges
Brokerage Plan Standard Standard
Equity Delivery Charges ₹0 ₹20 or 0.05% per executed order, whichever is lower
Equity Intraday Charges ₹20 or 0.03% per executed order whichever is lower ₹20 or 0.05% per executed order, whichever is lower
Equity Futures charges ₹20 or 0.03% per executed order whichever is lower Flat ₹20 per executed order
Equity Options charges ₹20 per executed order Flat ₹20 per executed order
Currency Futures charges ₹20 or 0.03% per executed order whichever is lower Does not offer
Currency Options charges ₹20 per executed order Does not offer
Commodity Futures charges ₹20 or 0.03% per executed order whichever is lower Does not offer
Commodity Options charges ₹20 per executed order Does not offer

Customer services offered

Dhan app review & chargesGroww app brokerage charges
Demat Services ✅Yes ✅Yes
Trading Services ✅Yes ✅Yes
Intraday Services ✅Yes ✅Yes
F&O Services ✅Yes ✅Yes
IPO Services ✅Yes ✅Yes
Share Pledging ✅Yes ✅Yes
NRI Services ✅Yes ✅Yes
Referral Program ✅Yes ✅Yes

Customer Support

Dhan app review & chargesGroww app brokerage charges
Call Support +91 9987761000 (9:00 am to 6:00 pm on Market Trading days) +91 9108800604 (24x7)
Email Support [email protected] (24x7) [email protected]
Whatsapp Support ⛔No ⛔No
Website Support ✅Yes, 8 AM to 12 AM (Monday to Friday), 8 AM to 10 PM (Saturday & Sunday) ✅Yes, create ticket

Leverage (Margin) Offered

Dhan app review & chargesGroww app brokerage charges
Equity Delivery Margin Leverage Upto 1.39x depending on the stock (lower leverage for volatile stocks) No leverage available; requires full margin upfront
Equity Intraday Margin Leverage Upto 4x depending on the stock (lower leverage for volatile stocks) Upto 5x depending on the stock (lower leverage for volatile stocks)
Equity F&O Intraday Margin Leverage No leverage available; requires full margin upfront No leverage available; requires full margin upfront
Equity F&O Carry Forward Margin Leverage No leverage available; requires full margin upfront No leverage available; requires full margin upfront
Currency F&O Margin Leverage No leverage available; requires full margin upfront Does not provide Currency trading
Commodity F&O Intraday Margin Leverage No leverage available; requires full margin upfront Does not provide Commodity trading
Commodity F&O Carry Forward Margin Leverage No leverage available; requires full margin upfront Does not provide Commodity trading

Unique Offerings

Dhan app review & chargesGroww app brokerage charges
Free Account Opening ✅Yes ✅Yes
Free Brokerage ✅Yes, On Equity Delivery, ETFs, IPO & Mutual Funds only On Mutual Funds and IPOs only
Free AMC ✅Yes ✅Yes
Free Equity Delivery ✅Yes ⛔No
Free F&O Trading ⛔No ⛔No
Free Intraday Trading ⛔No ⛔No
Free Trading calls ⛔No ⛔No
Happy Trading Hours ⛔No ⛔No
Flexible Brokerage Plans ✅Yes ⛔No
Referral Offers ✅Yes ✅Yes
Margin Funding (MTF)/ Pledging ✅Yes ✅Yes
Brokerage Cashback ⛔No ⛔No
Zero Brokerage for Loss Making Trades ⛔No ⛔No
Relationship Manager ⛔No ⛔No

Services Provided

Dhan app review & chargesGroww app brokerage charges
Equity Delivery ✅Yes ✅Yes
Equity Intraday ✅Yes ✅Yes
Equity Futures ✅Yes ✅Yes
Equity Options ✅Yes ✅Yes
Currency Futures ✅Yes ⛔No
Currency Options ✅Yes ⛔No
Commodity Futures ✅Yes ⛔No
Commodity Options ✅Yes ⛔No
Foreign Stocks ⛔No ✅Yes, US stocks
Mutual Funds ✅Yes ✅Yes
Banking ⛔No ⛔No
Insurance ⛔No ⛔No
Corporate Bonds ⛔No ⛔No
Govt. Bonds ⛔No ⛔No
Digital Gold ⛔No ⛔No

Order Types

Dhan app review & chargesGroww app brokerage charges
Market Order ✅Yes ✅Yes
Limit Order ✅Yes ✅Yes
Bracket Order ✅Yes ⛔No
Cover Order ✅Yes ⛔No
After Market Order (AMO) ✅Yes ✅Yes
Good Till Cancelled (GTC) ✅Yes ✅Yes
Buy Today Sell Tomorrow (BTST) ✅Yes ⛔No
Sell Today Buy Tomorrow (STBT) ⛔No ⛔No

Research & Reports

Dhan app review & chargesGroww app brokerage charges
Annual Reports ✅Yes ✅Yes
Company Reports ✅Yes ✅Yes
Research Reports ⛔No ⛔No
Fundamental Reports ⛔No ✅Yes
IPO Reports ✅Yes ✅Yes
Technical Reports ✅Yes ⛔No
Stock tips ⛔No ⛔No
Daily Market Review ⛔No ✅Yes
Monthly Review ✅Yes ✅Yes
Weekly Review ⛔No ✅Yes
Robo Advisory ⛔No ⛔No

STT & CTT Charges

Dhan app review & chargesGroww app brokerage charges
Equity Delivery STT & CTT 0.1% on buy & sell 0.1% on buy & sell
Equity Intraday STT & CTT 0.025% on sell transactions 0.025% on the sell side
Equity Futures STT & CTT 0.0125% on sell side 0.0125% on the sell side
Equity Options STT & CTT 0.0625% on sell side (on premium), 0.125% on exercised options (on intrinsic value) 0.0625% on sell side (on premium)
Currency Futures STT & CTT No STT ⛔ Does not offer
Currency Options STT & CTT No STT ⛔ Does not offer
Commodity Futures STT & CTT 0.01% on sell side ⛔ Does not offer
Commodity Options STT & CTT 0.05% on sell side ⛔ Does not offer

Trading Features

Dhan app review & chargesGroww app brokerage charges
Watchlist ✅Yes ✅Yes
Real Time Updates ✅Yes ✅Yes
Portfolio Details ✅Yes ✅Yes
Price Alert ✅Yes ✅Yes
Online Mutual Fund Buy ✅Yes ✅Yes
Global indices ⛔No ⛔No
Customized Recommendations ⛔No ⛔No
Advanced charting ✅Yes ⛔No
Live market ✅Yes ✅Yes
Multiple Profile Management ⛔No ⛔No
Secure Platform ✅Yes ✅Yes

Trading Platforms

Dhan app review & chargesGroww app brokerage charges
Android App ✅Yes ✅Yes
iOS App ✅Yes ✅Yes
Web Trading Platform ✅Yes ✅Yes
Trading Terminal ✅Yes ⛔No
Algo Trading Platform ✅Yes ⛔No
Foreign Stocks Trading Platform ⛔No ✅Yes, US stocks only
Basket Trading Platform ✅Yes ⛔No
Mutual Fund Investment Platform ✅Yes ✅Yes
Digital Gold Investment Platform ⛔No ⛔No
Bonds Investment Platform ⛔No ⛔No

Transaction Charges

Dhan app review & chargesGroww app brokerage charges
Equity Delivery Transaction Charges BSE: 0.00375%, NSE: 0.00325% NSE: 0.00325% | BSE: 0.00375%
Equity Intraday Transaction Charges BSE: 0.00375%, NSE: 0.00325% NSE: 0.00325% | BSE: 0.00375%
Equity Futures Transaction Charges NSE: 0.0019%, BSE: 0 (Zero) NSE: 0.0019% | BSE: 0
Equity Options Transaction Charges NSE: 0.05% (on premium), BSE: 0.005% (on premium) NSE: 0.05% (on premium) | BSE: 0.0325% (on premium)
Currency Futures Transaction Charges NSE: 0.0009%, BSE: 0.0009%, Interest Rate Derivatives: 0.00015% Does not offer
Currency Options Transaction Charges NSE: 0.035%, BSE: 0.001% Does not offer
Commodity Futures Transaction Charges Group A, B : 0.0026% Does not offer
Commodity Options Transaction Charges 0.05% Does not offer

Stamp Duty charges

Dhan app review & chargesGroww app brokerage charges
Equity Delivery Stamp Duty 0.015% on turnover of buy orders 0.015% or ₹1500 / crore on buy side
Equity Intraday Stamp Duty 0.003% on turnover of buy orders 0.003% or ₹300 / crore on buy side
Equity Futures Stamp Duty 0.0125% on sell side 0.002% or ₹200 / crore on buy side
Equity Options Stamp Duty 0.0625% on sell side (on premium), 0.125% on exercised options (on intrinsic value) 0.003% or ₹300 / crore on buy side
Currency Futures Stamp Duty 0.0001% on turnover of buy orders ⛔ Does not offer
Currency Options Stamp Duty 0.0001% on turnover of buy orders ⛔ Does not offer
Commodity Futures Stamp Duty 0.002% on turnover of buy orders ⛔ Does not offer
Commodity Options Stamp Duty 0.003% on turnover of buy orders ⛔ Does not offer

Other Charges

Dhan app review & chargesGroww app brokerage charges
SEBI Turnover Charges ₹10/Crore (For all segments) ₹10 / crore
DP Charges ₹ 12.50 / instruction / ISIN + GST. ₹13.5 per company
GST charges 18% of (brokerage + transaction charges + Demat) 18%
Account Closure Charges Free Free
Reactivation Charges Free Free
Dematerialization Charges ₹150 per certificate + ₹100 courier charges ₹150 per share certificate + courier charges
Call and Trade charges ₹ 50 / order + GST ₹50 per order