Dhani Stocks Brokerage
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Dhani Stocks earlier known as Indiabulls is a discount broker that comes up with the new subscription plan. So if you want to trade in Dhani Stocks then it is vital to learn about Dhani Stocks brokerage.
But before moving ahead, let us get a brief knowledge or introduction about Dhani stocks.
Dhani stocks is a discount broker in India that offers its customers zero brokerage unlimited trading.
Dhani stock is registered with SEBI and other major depositories changes such as:
The firm provides investment in the various segments such as:
Dhani Stocks is a registered depository participant, a research analyst, a merchant banker, and a stockbroker with the SEBI.
By opening the Demat Account at Dhani Stocks, a trader can execute the Intraday Trading and Delivery Trading execution in segments like derivatives, currency, and equity.
In the era of a mobile trading app, the firm offers the best trading platforms in India, including the Dhani Stocks app, Dhani Stocks Web, and Dhani Stocks PIB.
A trader can open a Dhani Stocks Demat Account to enjoy the services that are provided by the firm. Now the primary query that might be going on in the mind of a trader is Dhani Stock Brokerage that will be explained below.
Dhani Stocks Account Brokerage Charges
Dhani Stocks Trading experience can be gained by opening the demat and trading accounts.
The account opening fee for the demat account is nil, which means a trader does not need to pay any amount for opening the account.
If we have to talk about the AMC then with the ‘Freedom from brokerage’ you are exempted from paying the AMC charges as well.
To understand the charges better, have a look at the following table:
Dhani Stocks Account Brokerage | |
Demat Account Opening Charges | Rs. 0 |
Demat Account AMC | NIL |
Dhani Stocks Brokerage Plans
After learning the Dhani Stocks account opening, let’s discuss more about the subscription plan that is offered by the firm.
With the subscription plan, a trader can enjoy unlimited trades at extraordinary prices and there will be zero brokerage for every trading segment.
All this is possible when you pay Rs. 500 per month to use unlimited trading on various segments.
Dhani Stocks Brokerage Equity
Equity trading is all about buying and selling of stocks in the secondary market. So, if you are having Dhani Stocks Demat account you can easily trade in the equity segment.
Dhani Stocks is the first broker that comes up with the subscription plan under which you have to pay ₹500 per month to enjoy the free brokerage across segments.
Dhani Stocks Brokerage Equity | |
Equity Delivery | Rs.0 |
Equity Intraday | Rs. 0 |
Equity Futures | Rs. 0 |
Equity Options | Rs. 0 |
Dhani Stocks Brokerage on Futures and Options
By opening an account with the broker, you can trade in the futures and options under the derivatives segment. Dhani Stocks Brokerage on Futures and Options offers the brokerage charges on different segments that can be seen in the below table.
Dhani Stocks F&O Brokerage | |
Equity Futures | Rs. 0 |
Equity Options | Rs. 0 |
Currency Futures | Rs. 0 |
Currency Options | Rs. 0 |
Commodity Futures | Rs. 0 |
Commodity Options | Rs. 0 |
Here is the complete summary of the brokerage plans and charges being imposed by the broker to execute trade in different segments.
Dhani Stocks Brokerage Plan | |
Equity Delivery | Rs.0 |
Equity Intraday | Rs. 0 |
Equity Futures | Rs. 0 |
Equity Options | Rs. 0 |
Currency Futures | Rs. 0 |
Currency Options | Rs. 0 |
Commodity Futures | Rs. 0 |
Commodity Options | Rs. 0 |
The Dhani Stock brokerage fees are described in the above section. A trader can calculate the brokerage charges with the Dhani Stock Brokerage Calculator.
Dhani Stocks Hidden Charges
Although the broker does not charge any brokerage under its subscription plan but there are certain Dhani Stocks charges like transaction charges, DP charges and other taxes that need to be paid to complete the trade.
Here the transaction charges is the charge sum of exchange turnover charges and clearing charges. In simple terms it is the charge being levied for using the stock exchange platform.
Transaction charge= Exchange Turnover Charges+ Clearing Charges
Now let us have a look at the table with the hidden charges:
Dhani Stocks Hidden Charges | |
Segments | Transaction Charges |
Equity Delivery | NSE Rs. 325 per crore (0.00325%) |
BSE Rs. 300 per crore (90.003%) | |
Equity Intraday | NSE Rs. 325 per crore (0.00325%) |
BSE Rs. 300 per crore (90.003%) | |
Equity Futures | Rs. 190 per crore (0.00190%) |
Equity Options | Rs. 5000 per crore (0.050%) |
Currency Futures | Rs. 90 per crore(0.00090%)+Investor protection fund (0.037%) |
Currency Options | NSE Rs. 3500 per crore (0.035%)+Investor protection fund (0.037%) |
Commodity | Agro (MCX) Group A- Rs. 260 per crore (0.0026%) |
In the hidden charges, the Dhani Stocks offers the equity delivery fees as: To understand the table better, here it is explained below:
- NSE Rs. 325 per crore, which is 0.00325%.
- BSE Rs. 300 per crore, which is 90.003%.
- The equity intraday transaction fees are as follows:
- NSE Rs. 325 per crore that is 0.00325%.
- BSE Rs. 300 per crore 90.003%.
- The equity futures offers transaction fees of Rs. 199 per crore that is 0.00190%.
- For the equity options, Rs. 5000 per crore is the transaction fee that is 0.050%.
- In the case of currency futures, the transaction charges are Rs. 90 per crore(0.00090%)+Investor protection fund that is 0.037%.
- In the currency options, the fee is described as for NSE it will be Rs. 3500 per crore (0.035%)+Investor protection fund (0.037%).
- For the commodity the hidden charges are for Agro (MCX) Group Ait will be Rs. 260 per crore which is 0.0026%.
Conclusion
Dhani stocks is a discount broker that offers clients unlimited trading plans for zero brokerage. You can now opt for unlimited trade in different segments like intraday, delivery and derivatives by paying no fees.
Apart from this, the broker does not charge any fees for opening Demat account.
Enjoy your trading with Dhani Stocks!
Willing to open a Demat Account, fill the form below and the call back will be arranged in no time.
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