In this article, we will review ‘Dhan vs Shoonya vs Zerodha’ on the basis of Brokerage charges, Account maintenance charges, Investment options, Customer service, User reviews, Research and analysis, broker’s track record & reputation.
Table of Contents
Features of M.stock
Zero Brokerage: One of the standout features of M.stock is its zero brokerage on equity delivery.
User-Friendly Interface: The platform offers an intuitive interface, making it easy for beginners to navigate.
Pros of M.stock
Cost-Effective: With zero brokerage, it’s a great option for cost-conscious investors.
Ease of Use: The interface is straightforward, which is ideal for those new to trading.
Comprehensive Tools: Offers a range of tools for market analysis.
Cons of M.stock
Limited Advanced Features: More advanced traders might find the platform lacking in sophisticated tools.
Customer Service: Some users have reported delays in customer support.
Laggy interface: Platforms lags and not smooth
Real-Time Market Data: Does not provide latest updates and market trends with real-time data.
Who Should Choose M.stock?
If you are a beginner looking for a cost-effective platform with essential tools and an easy-to-use interface, M.stock might be the best choice for you.
Diverse Asset Classes: Trade in equities, commodities, currencies, and more.
Seamless Integration: Integrates with various financial apps for a holistic view of your investments.
Pros of Dhan
Advanced Tools: Ideal for seasoned traders who require detailed analysis tools.
Diverse Options: Ability to trade across multiple asset classes.
Integration: Seamless integration with other financial tools and apps.
Cons of Dhan
Learning Curve: The advanced features might be overwhelming for beginners.
Cost: Higher fees compared to some other platforms.
“Beware, Dhan’s advanced tools require some time to master. However, once you get the hang of it, the platform is incredibly powerful.” – Raheja
Who Should Choose Dhan?
Dhan is perfect for experienced traders who need advanced analysis tools and are comfortable with a slightly steeper learning curve.
Features of Indmoney
Robo-Advisory Services: You can get personalized investment advice with Indmoney’s advisory.
Financial Tracking: Track all your financial assets in one place, from stocks to real estate.
Goal-Based Investing: Set financial goals and track your progress.
Pros of Indmoney
Holistic Financial Management: Manage and track all your investments in one place.
Personalized Advice: Benefit from AI-driven, personalized investment recommendations.
Goal Setting: Helps you stay on track with your financial goals.
Cons of Indmoney
Complex Interface: The wealth of features can be overwhelming for some users.
Subscription Cost: Premium features come at a subscription cost.
“I love how Indmoney helps me keep track of my diverse investments. The goal-based tracking keeps me motivated and focused.” – Neha, 28
Comparison Table: M.stock vs Dhan vs Indmoney
Feature
M.stock
Dhan
Indmoney
Brokerage
Zero
Competitive
Competitive
User Interface
User-Friendly
Advanced
Complex
Asset Classes
Limited
Diverse
Diverse
Advanced Tools
Basic
Comprehensive
Comprehensive
Customer Support
Moderate
Good
Good
Personalized Advice
No
No
Yes
Integration
Moderate
High
High
M.stock vs Dhan vs Indmoney
Conclusion
Choosing the right trading platform can significantly impact your investment journey. M.stock vs Dhan vs Indmoney each offer unique features customized to different types of investors.
Choose M.stock if you are a beginner seeking a cost-effective, user-friendly platform.
Opt for Dhan if you are an experienced trader needing advanced tools and diverse asset classes.
Go for Indmoney if you prefer a comprehensive financial management tool with personalized investment advice.
Mr Pravin JadhavSarvjeet Singh Virk and Tajinder Singh VirkNithin Kamath
Establishment Year
2021200915 August 2010
Account opening & AMC
Account Opening FeeThe 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₹200
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.
✅Yes, 8 AM to 12 AM (Monday to Friday), 8 AM to 10 PM (Saturday & Sunday)✅Yes, Chat support✅Yes, create ticket
Leverage (Margin) Offered
Equity Delivery Margin Leverage
Upto 1.39x depending on the stock (lower leverage for volatile stocks)No leverage available; you need the full purchase value in your account.No leverage available; you need the full purchase value in your account.
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)Upto 5x depending on the stock (lower leverage for volatile stocks)
Equity F&O Intraday Margin Leverage
No leverage available; requires full margin upfrontNo leverage available; you need the full purchase value in your account.No leverage available; requires full margin upfront
Equity F&O Carry Forward Margin Leverage
No leverage available; requires full margin upfrontNo leverage available; you need the full purchase value in your account.No leverage available; requires full margin upfront
Currency F&O Margin Leverage
No leverage available; requires full margin upfrontNo leverage available; you need the full purchase value in your account.No leverage available; requires full margin upfront
Commodity F&O Intraday Margin Leverage
No leverage available; requires full margin upfrontNo leverage available; you need the full purchase value in your account.No leverage available; requires full margin upfront
Commodity F&O Carry Forward Margin Leverage
No leverage available; requires full margin upfrontNo leverage available; you need the full purchase value in your account.No leverage available; requires full margin upfront
Unique Offerings
Free Account Opening
✅Yes✅Yes⛔No
Free Brokerage
✅Yes, On Equity Delivery, ETFs, IPO & Mutual Funds only✅YesOn Stock delivery, Mutual Funds and IPOs only
Free AMC
✅Yes✅Yes✅Yes
Free Equity Delivery
✅Yes✅Yes✅Yes
Free F&O Trading
⛔No✅Yes⛔No
Free Intraday Trading
⛔No✅Yes⛔No
Free Trading calls
⛔No⛔No⛔No
Happy Trading Hours
⛔No⛔No⛔No
Flexible Brokerage Plans
✅Yes✅Yes⛔No
Referral Offers
✅Yes✅Yes✅Yes
Margin Funding (MTF)/ Pledging
✅Yes⛔No✅Yes
Brokerage Cashback
⛔No⛔No⛔No
Zero Brokerage for Loss Making Trades
⛔No⛔No⛔No
Relationship Manager
⛔No⛔No⛔No
Services Provided
Equity Delivery
✅Yes✅Yes✅Yes
Equity Intraday
✅Yes✅Yes✅Yes
Equity Futures
✅Yes✅Yes✅Yes
Equity Options
✅Yes✅Yes✅Yes
Currency Futures
✅Yes✅Yes✅Yes
Currency Options
✅Yes✅Yes✅Yes
Commodity Futures
✅Yes✅Yes✅Yes
Commodity Options
✅Yes✅Yes✅Yes
Foreign Stocks
⛔No⛔No⛔No
Mutual Funds
✅Yes✅Yes✅Yes
Banking
⛔No⛔No⛔No
Insurance
⛔No⛔No⛔No
Corporate Bonds
⛔No⛔No⛔No
Govt. Bonds
⛔No⛔No⛔No
Digital Gold
⛔No⛔No⛔No
Order Types
Market Order
✅Yes✅Yes✅Yes
Limit Order
✅Yes✅Yes✅Yes
Bracket Order
✅Yes✅Yes✅Yes
Cover Order
✅Yes✅Yes✅Yes
After Market Order (AMO)
✅Yes✅Yes✅Yes
Good Till Cancelled (GTC)
✅Yes✅Yes✅Yes
Buy Today Sell Tomorrow (BTST)
✅Yes⛔No⛔No
Sell Today Buy Tomorrow (STBT)
⛔No⛔No⛔No
Research & Reports
Annual Reports
✅Yes⛔No✅Yes, powered by Tickertape
Company Reports
✅Yes⛔No✅Yes, powered by Tickertape
Research Reports
⛔No⛔No✅Yes, powered by Tickertape
Fundamental Reports
⛔No⛔No✅Yes, powered by Tickertape
IPO Reports
✅Yes✅Yes✅Yes
Technical Reports
✅Yes⛔No✅Yes, powered by Streak
Stock tips
⛔No⛔No⛔No
Daily Market Review
⛔No✅Yes⛔No
Monthly Review
✅Yes⛔No⛔No
Weekly Review
⛔No⛔No⛔No
Robo Advisory
⛔No⛔No⛔No
STT & CTT Charges
Equity Delivery STT & CTT
0.1% on buy & sell0.1% on buy & sell 0.1% on buy & sell
Equity Intraday STT & CTT
0.025% on sell transactions0.025% on the sell side0.025% on the sell side
Equity Futures STT & CTT
0.0125% on sell side0.0125% on sell side0.0125% 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)0.0625% on sell side (on premium)
Currency Futures STT & CTT
No STTNo STTNo STT
Currency Options STT & CTT
No STTNo STTNo STT
Commodity Futures STT & CTT
0.01% on sell side0.01% (of Selling Value)0.01% on sell side (Non-Agri)
Commodity Options STT & CTT
0.05% on sell side0.05% (of Selling Value)0.05% on sell side