Indmoney vs Dhan vs HDFC sky
In this article, we will review ‘Indmoney vs Dhan vs HDFC sky‘ on the basis of Brokerage charges, Account maintenance charges, Investment options, Customer service, User reviews, Research and analysis, broker’s track record & reputation.
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| Product Name |
Indmoney review with ChargesDhan app review & chargesHDFC Sky review India: Brokerage charges |
| Product Image |
|
| Price | |
| Our Rating | |
| Brand | Indmoney Dhan |
| Category | Stock brokers Stock brokers Stock brokers |
Company Overview
   |
|
| Company name | Indmoney- Finzoom Investment Advisors Private Limited Dhan HDFC Sky |
| Headquarters | Gurugram, Haryana Mumbai Mumbai |
| Founder | Ashish Kashyap Mr Pravin Jadhav Dhiraj Relli |
| Establishment Year | 2019 2021 2023 |
Account opening & AMC
|
|
| 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 ₹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 ₹20 / Month (Free for first year) |
Pledge Charges
|
|
| Pledge Creation Charges | Does not provide ₹ 12.5 / transaction / ISIN + GST ₹20 |
| Pledge Invocation Charges | Does not provide ₹ 12.5 / transaction / ISIN + GST ₹20 |
| Interest on Margin Trading | Does not provide 0.0438% per day on outstanding MTF and non MTF debit and non maintenance of 50:50 margin 12% |
| Margin Re-Pledge | Does not provide ₹ 12.5 / transaction / ISIN + GST ₹20 |
Brokerage charges & Fees
|
|
| Brokerage Plan | Standard Standard Standard |
| Equity Delivery Charges | ₹20 or 0.05% whichever is lower ₹0 ₹20 or 0.1% (Whichever is Lower) |
| Equity Intraday Charges | ₹20 or 0.05% whichever is lower ₹20 or 0.03% per executed order whichever is lower ₹20 or 0.1% (Whichever is Lower) |
| Equity Futures charges | Flat ₹20 per executed order ₹20 or 0.03% per executed order whichever is lower ₹20 or 0.1% (whichever is lower) |
| Equity Options charges | Flat ₹20 per executed order ₹20 per executed order ₹20 / Order |
| Currency Futures charges | Does not offer ₹20 or 0.03% per executed order whichever is lower ₹20 or 0.1% (whichever is lower) |
| Currency Options charges | Does not offer ₹20 per executed order ₹20 / Order |
| Commodity Futures charges | Does not offer ₹20 or 0.03% per executed order whichever is lower ₹20 or 0.1% (whichever is lower) |
| Commodity Options charges | Does not offer ₹20 per executed order ₹20 / Order |
Customer services offered
|
|
| Demat Services |
 Yes
Yes
Yes
|
| Trading Services |
Yes
Yes
Yes
|
| Intraday Services |
Yes
Yes
Yes
|
| F&O Services |
Yes
Yes
Yes
|
| IPO Services |
Yes
Yes
Yes
|
| Share Pledging |
 No
Yes
Yes
|
| NRI Services |
No
Yes
Yes
|
| Referral Program |
Yes
Yes
Yes
|
Customer Support
|
|
| Call Support | 07314852049 +91 9987761000 (9:00 am to 6:00 pm on Market Trading days) 022-39019400 |
| Email Support | instockssupport@indmoney.com help@dhan.co (24x7) customercare@hdfcsec.com |
| Whatsapp Support |
No
No
No
|
| Website Support |
Yes, Create ticket
Yes, 8 AM to 12 AM (Monday to Friday), 8 AM to 10 PM (Saturday & Sunday)
FAQs only
|
Leverage (Margin) Offered
|
|
| Equity Delivery Margin Leverage | No leverage available; you need the full purchase value in your account. Upto 1.39x depending on the stock (lower leverage for volatile stocks) No leverage available; requires full margin upfront |
| Equity Intraday Margin Leverage | No leverage available; you need the full purchase value in your account. 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; you need the full purchase value in your account. No leverage available; requires full margin upfront No leverage available; requires full margin upfront |
| Equity F&O Carry Forward Margin Leverage | No leverage available; you need the full purchase value in your account. No leverage available; requires full margin upfront No leverage available; requires full margin upfront |
| Currency F&O Margin Leverage | Does not offer No leverage available; requires full margin upfront No leverage available; requires full margin upfront |
| Commodity F&O Intraday Margin Leverage | Does not offer No leverage available; requires full margin upfront No leverage available; requires full margin upfront |
| Commodity F&O Carry Forward Margin Leverage | Does not offer No leverage available; requires full margin upfront No leverage available; requires full margin upfront |
Unique Offerings
|
|
| Free Account Opening |
Yes
Yes
Yes
|
| Free Brokerage |
Yes, IPOs & Mutual Funds only
Yes, On Equity Delivery, ETFs, IPO & Mutual Funds only
On Mutual Funds and IPOs only
|
| Free AMC |
Yes
Yes
No
|
| Free Equity Delivery |
No
Yes
No
|
| Free F&O Trading |
No
No
No
|
| Free Intraday Trading |
No
No
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 |
No
Yes
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 |
No
Yes
No
|
| Currency Options |
No
Yes
No
|
| Commodity Futures |
No
Yes
No
|
| Commodity Options |
No
Yes
No
|
| Foreign Stocks |
Yes
No
Yes, US stocks
|
| 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
No
|
| Cover Order |
Yes
Yes
No
|
| After Market Order (AMO) |
Yes
Yes
Yes
|
| Good Till Cancelled (GTC) |
Yes
Yes
Yes
|
| Buy Today Sell Tomorrow (BTST) |
No
Yes
No
|
| Sell Today Buy Tomorrow (STBT) |
No
No
No
|
Research & Reports
|
|
| Annual Reports |
Yes
Yes
Yes
|
| Company Reports |
Yes
Yes
Yes
|
| Research Reports |
No
No
No
|
| Fundamental Reports |
Yes
No
Yes
|
| IPO Reports |
Yes
Yes
Yes
|
| Technical Reports |
Yes
Yes
No
|
| Stock tips |
No
No
No
|
| Daily Market Review |
Yes
No
Yes
|
| Monthly Review |
Yes
Yes
Yes
|
| Weekly Review |
Yes
No
Yes
|
| Robo Advisory |
No
No
No
|
STT & CTT Charges
|
|
| 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 sell transactions 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) 0.0625% on sell side (on premium), 0.125% on exercised options (on intrinsic value) 0.0625% on sell side (on premium) |
| Currency Futures STT & CTT |
Does not offer
No STT
Does not offer
|
| Currency Options STT & CTT |
Does not offer
No STT
Does not offer
|
| Commodity Futures STT & CTT |
Does not offer
0.01% on sell side
Does not offer
|
| Commodity Options STT & CTT |
Does not offer
0.05% on sell side
Does not offer
|
Trading Features
|
|
| Watchlist |
Yes
Yes
Yes
|
| Real Time Updates |
Yes
Yes
Yes
|
| Portfolio Details |
Yes
Yes
Yes
|
| Price Alert |
Yes
Yes
Yes
|
| Online Mutual Fund Buy |
Yes
Yes
Yes
|
| Global indices |
Yes
No
No
|
| Customized Recommendations |
No
No
No
|
| Advanced charting |
No
Yes
No
|
| Live market |
Yes
Yes
Yes
|
| Multiple Profile Management |
No
No
No
|
| Secure Platform |
Yes
Yes
Yes
|
Trading Platforms
|
|
| Android App |
Yes
Yes
Yes
|
| iOS App |
Yes
Yes
Yes
|
| Web Trading Platform |
Yes
Yes
Yes
|
| Trading Terminal |
No
Yes
No
|
| Algo Trading Platform |
No
Yes
No
|
| Foreign Stocks Trading Platform |
Yes
No
Yes, US stocks only
|
| Basket Trading Platform |
No
Yes
No
|
| Mutual Fund Investment Platform |
Yes
Yes
Yes
|
| Digital Gold Investment Platform |
No
No
No
|
| Bonds Investment Platform |
No
No
No
|
Transaction Charges
|
|
| Equity Delivery Transaction Charges | BSE: 0.00375%, NSE: 0.00325% BSE: 0.00375%, NSE: 0.00325% NSE: 0.00325% | BSE: 0.00325% |
| Equity Intraday Transaction Charges | BSE: 0.00375%, NSE: 0.00325% BSE: 0.00375%, NSE: 0.00325% NSE: 0.00325% | BSE: 0.00325% |
| Equity Futures Transaction Charges | NSE: 0.0019%, BSE: 0 (Zero) NSE: 0.0019%, BSE: 0 (Zero) NSE: 0.00230% |
| Equity Options Transaction Charges | NSE: 0.05% (on premium), BSE: 0.005% (on premium) NSE: 0.05% (on premium), BSE: 0.005% (on premium) NSE: 0.056% (on premium) |
| Currency Futures Transaction Charges | Does not offer NSE: 0.0009%, BSE: 0.0009%, Interest Rate Derivatives: 0.00015% Does not offer |
| Currency Options Transaction Charges | Does not offer NSE: 0.035%, BSE: 0.001% Does not offer |
| Commodity Futures Transaction Charges | Does not offer Group A, B : 0.0026% Does not offer |
| Commodity Options Transaction Charges | Does not offer 0.05% Does not offer |
Stamp Duty charges
|
|
| Equity Delivery Stamp Duty | 0.015% Buy 0.015% on turnover of buy orders 0.015% or ₹1500 / crore on buy side |
| Equity Intraday Stamp Duty | 0.003% Buy 0.003% on turnover of buy orders 0.003% or ₹300 / crore on buy side |
| Equity Futures Stamp Duty | 0.002% or ₹200 / crore on buy side 0.0125% on sell side 0.002% or ₹200 / crore on buy side |
| Equity Options Stamp Duty | 0.003% or ₹300 / crore on buy side 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 |
Does not offer
0.0001% on turnover of buy orders
Does not offer
|
| Currency Options Stamp Duty |
Does not offer
0.0001% on turnover of buy orders
Does not offer
|
| Commodity Futures Stamp Duty |
Does not offer
0.002% on turnover of buy orders
Does not offer
|
| Commodity Options Stamp Duty |
Does not offer
0.003% on turnover of buy orders
Does not offer
|
Other Charges
|
|
| SEBI Turnover Charges | ₹10/Crore (For all segments) ₹10/Crore (For all segments) ₹10 / crore |
| DP Charges | ₹13.5/scrip ₹ 12.50 / instruction / ISIN + GST. ₹20 |
| GST charges | 18% of (brokerage + transaction charges + Demat) 18% of (brokerage + transaction charges + Demat) 18% |
| Account Closure Charges | Free Free Free |
| Reactivation Charges | Free Free Free |
| Dematerialization Charges | ₹250 per certificate ₹150 per certificate + ₹100 courier charges ₹50 / Share Certificate + Courier Charges |
| Call and Trade charges | ₹ 500 per order ₹ 50 / order + GST ₹20 / Call |
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