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.
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.
“Beware, Dhan’s advanced tools require some time to master. However, once you get the hang of it, the platform is incredibly powerful.” – Raheja
Dhan is perfect for experienced traders who need advanced analysis tools and are comfortable with a slightly steeper learning curve.
“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.
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Do your own research:
Readers are encouraged to conduct their due diligence and consult with a qualified professional before making any decisions based on the information presented on this website. Trading, investing, and other financial activities involve inherent risks, and you could lose all or a portion of your capital. Past performance is not indicative of future results.
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Dhan app review & chargesShoonya Finvasia Brokerage charges ReviewZerodha Trading App Review 2024 |
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Brand | Dhan Shoonya Zerodha |
Category | Stock brokers Stock brokers Stock brokers |
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Company name | Dhan Shoonya by Finvasia Zerodha |
Headquarters | Mumbai Mumbai Bengaluru |
Founder | Mr Pravin Jadhav Sarvjeet Singh Virk and Tajinder Singh Virk Nithin Kamath |
Establishment Year | 2021 2009 15 August 2010 |
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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 ₹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. | ₹0 ₹0 ₹0 |
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Pledge Creation Charges | ₹ 12.5 / transaction / ISIN + GST ₹20 ₹30 + GST per pledge request |
Pledge Invocation Charges | ₹ 12.5 / transaction / ISIN + GST ₹20 ₹0 |
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 0.035% per day (equivalent to 12.775% p.a.) |
Margin Re-Pledge | ₹ 12.5 / transaction / ISIN + GST ₹20 ₹0 |
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Brokerage Plan | Standard Standard account Standard |
Equity Delivery Charges | ₹0 ₹0 ₹0 |
Equity Intraday Charges | ₹20 or 0.03% per executed order whichever is lower ₹0 ₹20 or 0.03% per executed order, whichever is lower |
Equity Futures charges | ₹20 or 0.03% per executed order whichever is lower ₹0 ₹20 or 0.03% per executed order, whichever is lower |
Equity Options charges | ₹20 per executed order ₹0 Flat ₹20 per executed order |
Currency Futures charges | ₹20 or 0.03% per executed order whichever is lower ₹0 ₹20 per executed order or 0.03% of the transaction value, whichever is lower |
Currency Options charges | ₹20 per executed order ₹0 Flat ₹20 per executed order |
Commodity Futures charges | ₹20 or 0.03% per executed order whichever is lower ₹0 ₹20 per executed order or 0.03% of the transaction value, whichever is lower |
Commodity Options charges | ₹20 per executed order ₹0 ₹20 per executed order |
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Demat Services |
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Trading Services |
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Intraday Services |
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F&O Services |
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IPO Services |
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Share Pledging |
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NRI Services |
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Referral Program |
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Call Support | +91 9987761000 (9:00 am to 6:00 pm on Market Trading days) +91 1726 750 000, +91 9779 097 777 080 47181888 |
Email Support | help@dhan.co (24x7) clientsupport@shoonya.com renu.pd@zerodha.com (10AM - 5PM) |
Whatsapp Support |
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Website Support |
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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 upfront No 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 upfront No 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 upfront No 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 upfront No 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 upfront No leverage available; you need the full purchase value in your account. No leverage available; requires full margin upfront |
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Free Account Opening |
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Free Brokerage |
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Free AMC |
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Free Equity Delivery |
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Free F&O Trading |
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Free Intraday Trading |
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Free Trading calls |
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Happy Trading Hours |
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Flexible Brokerage Plans |
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Referral Offers |
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Margin Funding (MTF)/ Pledging |
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Brokerage Cashback |
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Zero Brokerage for Loss Making Trades |
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Relationship Manager |
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Equity Delivery |
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Equity Intraday |
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Equity Futures |
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Equity Options |
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Currency Futures |
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Currency Options |
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Commodity Futures |
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Commodity Options |
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Foreign Stocks |
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Mutual Funds |
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Banking |
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Insurance |
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Corporate Bonds |
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Govt. Bonds |
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Digital Gold |
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Market Order |
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Limit Order |
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Bracket Order |
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Cover Order |
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After Market Order (AMO) |
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Good Till Cancelled (GTC) |
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Buy Today Sell Tomorrow (BTST) |
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Sell Today Buy Tomorrow (STBT) |
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Annual Reports |
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Company Reports |
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Research Reports |
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Fundamental Reports |
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IPO Reports |
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Technical Reports |
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Stock tips |
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Daily Market Review |
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Monthly Review |
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Weekly Review |
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Robo Advisory |
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Equity Delivery STT & CTT | 0.1% on buy & sell 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 0.025% on the sell side |
Equity Futures STT & CTT | 0.0125% on sell side 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) 0.0625% on sell side (on premium) |
Currency Futures STT & CTT | No STT No STT No STT |
Currency Options STT & CTT | No STT No STT No STT |
Commodity Futures STT & CTT | 0.01% on sell side 0.01% (of Selling Value) 0.01% on sell side (Non-Agri) |
Commodity Options STT & CTT | 0.05% on sell side 0.05% (of Selling Value) 0.05% on sell side |
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Watchlist |
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Real Time Updates |
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Portfolio Details |
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Price Alert |
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Online Mutual Fund Buy |
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Global indices |
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Customized Recommendations |
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Advanced charting |
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Live market |
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Multiple Profile Management |
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Secure Platform |
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Android App |
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iOS App |
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Web Trading Platform |
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Trading Terminal |
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Algo Trading Platform |
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Foreign Stocks Trading Platform |
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Basket Trading Platform |
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Mutual Fund Investment Platform |
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Digital Gold Investment Platform |
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Bonds Investment Platform |
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Equity Delivery Transaction Charges | BSE: 0.00375%, NSE: 0.00325% 0.00325% NSE: 0.00325% | BSE: 0.00375% |
Equity Intraday Transaction Charges | BSE: 0.00375%, NSE: 0.00325% 0.00325% NSE: 0.00325% | BSE: 0.00375% |
Equity Futures Transaction Charges | NSE: 0.0019%, BSE: 0 (Zero) Exchange txn charge: 0.0019% NSE: 0.0019% | BSE: 0 |
Equity Options Transaction Charges | NSE: 0.05% (on premium), BSE: 0.005% (on premium) Exchange txn charge: 0.05% (on premium) NSE: 0.05% (on premium) | BSE: 0.005% (on premium) |
Currency Futures Transaction Charges | NSE: 0.0009%, BSE: 0.0009%, Interest Rate Derivatives: 0.00015% Exchange txn charge: 0.0009% 0.0009% |
Currency Options Transaction Charges | NSE: 0.035%, BSE: 0.001% Exchange txn charge: 0.035% NSE: Exchange txn charge: 0.035% | BSE: Exchange txn charge: 0.001% |
Commodity Futures Transaction Charges | Group A, B : 0.0026% 260/ crore Exchange txn charge: 0.0026% |
Commodity Options Transaction Charges | 0.05% 5000/ crore Exchange txn charge: 0.05% |
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Equity Delivery Stamp Duty | 0.015% on turnover of buy orders 0.015% 0.015% or ₹1500 / crore on buy side |
Equity Intraday Stamp Duty | 0.003% on turnover of buy orders 0.003% 0.003% or ₹300 / crore on buy side |
Equity Futures Stamp Duty | 0.0125% on sell side 0.002% 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% 0.003% or ₹300 / crore on buy side |
Currency Futures Stamp Duty | 0.0001% on turnover of buy orders 0.0001% on Buy Side 0.0001% or ₹10 / crore on buy side |
Currency Options Stamp Duty | 0.0001% on turnover of buy orders 0.0001% on Buy Side 0.0001% or ₹10 / crore on buy side |
Commodity Futures Stamp Duty | 0.002% on turnover of buy orders 0.002% 0.002% or ₹200 / crore on buy side |
Commodity Options Stamp Duty | 0.003% on turnover of buy orders 0.003% 0.003% or ₹300 / crore on buy side |
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SEBI Turnover Charges | ₹10/Crore (For all segments) ₹10/Crore (For all segments) ₹10 / crore |
DP Charges | ₹ 12.50 / instruction / ISIN + GST. ₹9 + GST/scrip ₹13.5 + GST per scrip (irrespective of quantity) |
GST charges | 18% of (brokerage + transaction charges + Demat) 18% of (brokerage + transaction charges + Demat) 18% of (Brokerage + Transaction charges + Demat) |
Account Closure Charges | Free Free Free |
Reactivation Charges | Free Free Free |
Dematerialization Charges | ₹150 per certificate + ₹100 courier charges ₹150 per certificate + ₹100 courier charges ₹150 per share certificate, ₹100 courier charges, + 18% GST |
Call and Trade charges | ₹ 50 / order + GST ₹0 ₹50 per order |