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Groww Vs Dhan (Compare Groww and Dhan)

About Groww
Groww is a Bangalore based broker offering online flat fee discount brokerage services to invest in Equity, IPO, and Direct Mutual Funds. Groww is the brand name for Nextbillion Technology Private Limited who is a SEBI registered stockbroker and a member of NSE and BSE. Established in 2016, Groww initially started as a direct mutual fund investment platform. In the mid-2020s, Groww expanded its product offering to include Equity trading. The company also offers Digital gold, US Stocks, and Fixe...

Groww Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe? API Review FAQs

About Dhan
Incorporated in 2021, Dhan is a Mumbai-based financial services company operating primarily in India. In today's fast-paced world, every second or third person is looking for effective investment options to park their hard-earned money and create wealth in the long run, and Dhan is committed to providing these options. Dhan is registered with SEBI as a stockbroker. In addition, Dhan is also registered with CDSL and with NSE, BSE and MCX stock exchanges to perform its functions. Dhan offers a va...

Dhan Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe? API Review FAQs

Groww Vs Dhan

Incorporated in 2016, Groww is a Discount Broker. It offers trading at NSE and BSE. It has 0 branches across India. Incorporated in 2021, Dhan is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India.

	Groww	Dhan
Type of Broker	Discount Broker	Discount Broker
Exchnage Membership	NSE and BSE	BSE, NSE, MCX
Year of Incorporation	2016	2021
Number of Branches	0	1

Groww Vs Dhan Charges & AMC

Groww trading account opening charges is Rs 0 (Free) while Dhan account opening changes is Rs 0 (Free). Groww Demat Account AMC Charges is Rs 0 and Dhan Demat Account AMC Charges is ₹0 (Lifetime Zero AMC).

	Groww	Dhan
Trading Account Opening Charges	Rs 0 (Free)	Rs 0 (Free)
Trading Account AMC Charges	Rs 0	₹0 (Free)
Demat Account Opening Charges	Rs 0	Rs 0 (Free)
Demat Account AMC Charges	Rs 0	₹0 (Lifetime Zero AMC)

Groww Vs Dhan Brokerage

Groww brokerage charges for equity is Rs 20 per executed order or 0.05% whichever is lower and intraday is Rs 20 per executed order or 0.05% whichever is lower whereas Dhan brokerage charges for equity is Rs. 0 and intraday is Rs 20 or 0.03% of trade value, whichever is lower.

Account Type	Groww Standard Plan	Dhan Flat Rate Plan
Fixed Charges	NA	Rs 0 or Nill
Equity Delivery	Rs 20 per executed order or 0.05% whichever is lower	Rs. 0
Equity Intraday	Rs 20 per executed order or 0.05% whichever is lower	Rs 20 or 0.03% of trade value, whichever is lower
Equity Futures	Rs 20 per executed order	Rs 20 or 0.03% of trade value, whichever is lower
Equity Options	Rs 20 per executed order	Rs 20 per executed order
Currency Futures	NA	Rs 20 or 0.03% of trade value, whichever is lower
Currency Options	NA	Rs 20 per executed order
Commodity Futures	NA	Rs 20 or 0.03% of trade value, whichever is lower
Commodity Options	NA	Rs 20 per executed order
Special Offer	Zerodha (Flat Rs 20 Per Trade) Special Offer - Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.	Special Offer: Invest brokerage-free stock delivery trades. Pay a flat Rs 20 per trade for Intra-day and F&O. Open an instant account with Dhan and start trading today.

Groww Charges Vs Dhan

Minimum Brokerage	Rs 20 or 0.05% per executed order	Rs 20
Other Charges	Physical Contract Note: Rs 20 + Courier Charges; Auto square off charges : Rs 50
Call & Trade Charges	NA	Rs 50 per order

Groww Vs Dhan Transaction Charges

Groww transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 3750 per Cr (0.0375%) (on premium) while Dhan exchange transaction charges for options is NSE Rs 5000 per Cr (0.05%) | BSE Rs 500 per Cr (0.005%) (on premium).

	Groww	Dhan
Equity Delivery	NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (each side)	NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (each side)
Equity Intraday	NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (sell side)	NSE Rs 325 per Cr (0.00325%) \| BSE Rs 375 per Cr (0.00375%) (sell side)
Equity Futures	NSE Rs 190 per Cr (0.0019%) \| BSE Rs 0	NSE Rs 190 per Cr (0.0019%) \| BSE Rs 0
Equity Options	NSE Rs 5000 per Cr (0.05%) \| BSE Rs 3750 per Cr (0.0375%) (on premium)	NSE Rs 5000 per Cr (0.05%) \| BSE Rs 500 per Cr (0.005%) (on premium)
Currency Futures		NSE Rs 90 per Cr (0.0009%) \| BSE Rs 90 per Cr (0.0009%)
Currency Options	(on premium)	NSE Rs 3500 per Cr (0.035%) \| BSE Rs 100 per Cr (0.001%) (on premium)
Commodity	NA	Group A, B : 0.0026%

Groww Vs Dhan Leverage (Margin)

Groww margin for intraday trading is up to 20% of the trade value (5x leverage) based on the stock whereas the Dhan margin for intraday cash is also up to 20% of the trade value (5x leverage) based on the stock.

	Groww	Dhan
Equity Delivery	100% of trade value (1x leverage)	100% of trade value (1x leverage)
Equity Intraday	Up to 20% of trade value (5x leverage)	Up to 20% of trade value (5x leverage)
F&O (Eq, Curr, Comm)	100% of NRML margin (Span + Exposure) (1x leverage)	100% of NRML margin (Span + Exposure) (1x leverage)

Compare Groww and Dhan Features

The trading platforms offered Groww include Groww. Dhan offers Dhan App, Dhan web, Options Trader Web, Options Trader App, TradingView Console, DhanHQ API trading software.

	Groww	Dhan
3 in 1 Account
Charting
Automated Trading
SMS Alerts
Online Demo
Online Portfolio
Margin Trading Funding
Margin Against Shares (Equity Cash)
Margin Against Shares (Equity F&O)
Trading Platform	Groww	Dhan App, Dhan web, Options Trader Web, Options Trader App, TradingView Console, DhanHQ API
Intraday Square-off Time	3:10 PM	3:20 PM
Trading In SME Shares Allowed?
Referral Program
Other Features		APIs for Algo Trading, smallcases on Dhan

Groww Vs Dhan Review

Groww is rated 3.9 of 5 based on 93 customer reviews whereas Dhan is rated 2.8 of 5 based on 19 customer reviews.

	Groww	Dhan
	93 Customer Reviews	19 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	Groww is rated 3.9 of 5 based on 93 customer reviews	Dhan is rated 2.8 of 5 based on 19 customer reviews

Contact Broker / Request A Call Back

	Groww Enquire	Dhan Enquire
Contact Broker	Invest brokerage-free Equity Delivery and Direct Mutual Funds (truly no brokerage). Pay flat Rs 20 per trade for Intra-day and F&O. Open Instant Account and start trading today.	Invest brokerage-free stock delivery trades. Pay a flat Rs 20 per trade for Intra-day and F&O. Open an instant account with Dhan and start trading today.

Groww Vs Dhan Investment Options

	Groww	Dhan
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Digital Gold, US Stocks, Fixed Deposits

Groww Vs Dhan Order Type Offered

	Groww	Dhan
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)

Groww Vs Dhan Research Report

	Groww	Dhan
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

Groww Vs Dhan Suitable For Investor Type

	Groww	Dhan
Casual Investor
Active Investor
Trader

Groww Vs Dhan - Pros and Cons

	Groww	Dhan
Pros	Simple pricing model with low-cost trading charges. Free Mutual Fund investments with no hidden charges. Zero Account opening fee. Zero Maintenance Charges. Direct MF platform that helps you earn an extra 1.5% returns. E-books, Resources, and Blogs that provide the basics and updates on the stock market to help investors make an informed decision. Instant paperless account opening. Online IPO application. Inhouse Brokerage Calculator Option to invest online in digital gold and US Stocks. Other products (Derivatives, FD) in the pipeline.	Safe, reliable, and technologically first online broker. Simple flat fee brokerage services across segments and exchanges (BSE, NSE, MCX). Free account opening. AMC free demat account. Free equity delivery trades. Flat Rs 20 per trade brokerage for all other segments.
Cons	Limited investment products with no option to currently trade in derivatives (futures & options), commodity, and currency segment. Doesn't offer trading in SME shares. No Call and Trade services. Branch support not available. Do not provide stock tips, research reports, or recommendations. No Margin trading facility. No Margin against shares. Advanced order types like BO, CO, AMO, and GTT not available. Trailling stop loss orders are not available in Groww app. Do not offer NRI Trading.	It does not provide stock tips, research, and recommendations. Call & Trade is charged an extra Rs 50 per order. Auto Square off is charged at an extra Rs 20 per order. It does not offer a 3-in-1 account. It does not offer monthly unlimited trading plans.
Reviews	Groww is a Bangalore based broker offering online services to invest in Equity, IPO, and Direct Mutual Funds. Groww is registered with SEBI as a stock broker in the name of NextBillion Technology Limited. Groww is also a member of the NSE, BSE, and CDSL depository. Groww is an online discount broker with a simple pricing model based on a flat fee. The company charges a lower of Rs 20 or 0.05% per executed trade and offers Free Mutual Fund services with no charges in investing or redemption of mutual funds. The account opening with Groww is also free with no maintenance charges. It does not offer any tips, recommendations, and research services. Groww offers its trading platform called Groww on web and mobile app to enjoy a seamless trading experience for its investors.
Promo / Offers	Zerodha (India's Best & No. 1 Broker) Special Offer - Free Equity Delivery and Mutual Funds Brokerage-free equity delivery trades. Brokerage-free Direct Mutual Fund. Pay ₹20 per trade for Intraday & F&O. The best trading platform in India. Open Instant Demat Account Read Reviews	Dhan Special Offer Brokerage-free share delivery trading and AMC free demat account Free account opening and Demat AMC + Brokerage-free equity delivery and flat Rs 20 per trade for intraday and F&O + Separate option trading APP. This is a limited-time offer. Open an instant account online and start trading today.

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