Loading...
Compare Articles Reports Glossary Complaints
Zerodha Angel One ProStocks Upstox Paytm Espresso (by Sharekhan) ICICIdirect Nuvama Fyers Kotak Securities * 5Paisa Sharekhan Anand Rathi TradeSmart Alice Blue SAS Online Bajaj Finserv SAMCO Tradingo Dhan

IIFL Securities Vs Dhan (Compare IIFL Securities and Dhan)

IIFL Securities Ltd Logo

About IIFL Securities
Incorporated in 1995, IIFL Securities is one of the largest full-service stockbrokers in India. IIFL Securities is part of IIFL Group, a leading financial service provider offering a wide range of services. IIFL is a well-recognized brand for the quality of its advice, personalized service, and the use of cutting-edge technology. IIFL Securities offers online trading and research-based advisory services for an entire range of financial products as Stocks, Derivatives, Commodities, Insurance, FD... Know more about IIFL Securities Ltd

IIFL Securities Review Brokerage Demat Account Mobile App Account Opening IPO NRI Account Trading Software Mutual Fund Is it safe? API Review FAQs
Moneylicious Securities Pvt Ltd Logo

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... Know more about Moneylicious Securities Pvt Ltd

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

IIFL Securities Vs Dhan

Incorporated in 1996, IIFL Securities is a Full Service Broker. It offers trading at NSE, BSE, MCX. It has 900 branches across India. Incorporated in 2021, Dhan is a Discount Broker. It offers trading at BSE, NSE, MCX. It has 1 branches across India.

  IIFL Securities Dhan
Type of Broker Full Service Broker Discount Broker
Exchnage Membership NSE, BSE, MCX BSE, NSE, MCX
Year of Incorporation 1996 2021
Number of Branches 900 1
Open IIFL Securities AccountOpen Dhan Account
Expand

IIFL Securities Vs Dhan Charges & AMC

IIFL Securities trading account opening charges is Rs 0 (Free) while Dhan account opening changes is Rs 0 (Free). IIFL Securities Demat Account AMC Charges is Rs 250 (Free for 1st year) and Dhan Demat Account AMC Charges is ₹0 (Free).

  IIFL Securities 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 250 (Free for 1st year) ₹0 (Free)
Expand

IIFL Securities Vs Dhan Brokerage

IIFL Securities brokerage charges for equity is Rs 20 per order and intraday is Rs 20 per order 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 IIFL Securities iServe Dhan Flat Rate Plan
Fixed Charges NA Rs 0 or Nill
Equity Delivery Rs 20 per order Rs. 0
Equity Intraday Rs 20 per order Rs 20 or 0.03% of trade value, whichever is lower
Equity Futures Rs 20 per order Rs 20 or 0.03% of trade value, whichever is lower
Equity Options Rs 20 per order Rs 20 per executed order
Currency Futures Rs 20 per order Rs 20 or 0.03% of trade value, whichever is lower
Currency Options Rs 20 per order Rs 20 per executed order
Commodity Futures Rs 20 per order Rs 20 or 0.03% of trade value, whichever is lower
Commodity Options Rs 20 per order Rs 20 per executed order
Special Offer
Special Offer: Pay flat Rs 20 per trade for Delivery, Intra-day and F&O + FREE Account Opening Fee. Open FREE Instant Account online with IIFL 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.

IIFL Securities Charges Vs Dhan

Minimum Brokerage Rs 20
Other Charges Advisory SMS - Rs 50 per month
Call & Trade Charges Rs 50 per call Rs 50 per order
Expand

IIFL Securities Vs Dhan Transaction Charges

IIFL Securities transaction charges for options is Rs 5100 per Cr (0.051%) (on premium) while Dhan exchange transaction charges for options is NSE: 0.053%.

  IIFL Securities Dhan
Equity Delivery Rs 325 per Cr (0.00325%) BSE: 0.00375% | NSE: 0.00345%
Equity Intraday Rs 325 per Cr (0.00325%) BSE: 0.00375% | NSE: 0.00345%
Equity Futures Rs 210 per Cr (0.0021%) NSE: 0.002%
Equity Options Rs 5100 per Cr (0.051%) (on premium) NSE: 0.053%
Currency Futures Rs 210 per Cr (0.0021%) NSE: 0.0009% | BSE: 0.00022% | Intrest Rate Derivatives: 0.00015%
Currency Options Rs 5100 per Cr (0.051%) (on premium) NSE: 0.035% | BSE: 0.001%
Commodity Group A - Rs 280 per Cr (0.0028%) Group A, B : 0.0026%
Open IIFL Securities AccountOpen Dhan Account
Expand

IIFL Securities Vs Dhan Leverage (Margin)

IIFL Securities 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.

  IIFL Securities 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)
Open IIFL Securities AccountOpen Dhan Account
Expand

Compare IIFL Securities and Dhan Features

The trading platforms offered IIFL Securities include IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds App. Dhan offers Dhan App, Dhan web, Options Trader Web, Options Trader App, TradingView Console, DhanHQ API trading software.

  IIFL Securities Dhan
3 in 1 Account No No
Charting Yes Yes
Automated Trading No Yes
SMS Alerts Yes No
Online Demo Yes Yes
Online Portfolio Yes No
Margin Trading Funding Yes Yes
Margin Against Shares (Equity Cash) Yes Yes
Margin Against Shares (Equity F&O) No Yes
Trading Platform IIFL Markets App, TT Web, TT Exe, TT Iris, IIFL Mutual Funds App Dhan App, Dhan web, Options Trader Web, Options Trader App, TradingView Console, DhanHQ API
Intraday Square-off Time 3:20 PM
Trading In SME Shares Allowed? Yes
Referral Program Yes
Other Features APIs for Algo Trading, smallcases on Dhan
Open IIFL Securities AccountOpen Dhan Account
Expand

IIFL Securities Vs Dhan Review

IIFL Securities is rated 2.6 of 5 based on 128 customer reviews whereas Dhan is rated 3.5 of 5 based on 6 customer reviews.

  IIFL Securities Dhan
  128 Customer Reviews    Rate IIFL Securities 6 Customer Reviews    Rate Dhan
Fees 2.8 4.3
Brokerage 2.6 3.3
Trading Platform 3.2 4.0
Customer Service 2.6 3.3
Research Capabilities 3.0 2.5
Overall Ratings Rated 2.6 stars Rated 3.5 stars
Broker Rating IIFL Securities is rated 2.6 of 5 based on 128 customer reviews Dhan is rated 3.5 of 5 based on 6 customer reviews
Expand

Contact Broker / Request A Call Back

  IIFL Securities Enquire Dhan Enquire
Contact Broker Pay flat Rs 20 per trade for Delivery, Intra-day and F&O + FREE Account Opening Fee. Open FREE Instant Account online with IIFL 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.
Expand

IIFL Securities Vs Dhan Investment Options

  IIFL Securities Dhan
Stock / Equity Yes Yes
Commodity Yes Yes
Currency Yes Yes
IPO Yes Yes
Mutual Funds Yes No
Bond / NCD Yes Yes
Debt Yes No
Other Investment Options Insurance
Expand

IIFL Securities Vs Dhan Order Type Offered

  IIFL Securities Dhan
Bracket Order Yes Yes
Cover Order Yes Yes
Buy Today Sell Tomorrow (BTST) Yes No
Sell Today Buy Tomorrow (STBT) Yes No
After Market Order(AMO) Yes Yes
Good Till Cancelled (GTC) Yes Yes
Open IIFL Securities AccountOpen Dhan Account
Expand

IIFL Securities Vs Dhan Research Report

  IIFL Securities Dhan
Daily Market Report Yes No
Free Tips Yes No
Quarterly Result Analysis Yes No
News Alerts Yes Yes
Expand

IIFL Securities Vs Dhan Suitable For Investor Type

  IIFL Securities Dhan
Casual Investor
Active Investor Yes Yes
Trader Yes Yes
Expand

IIFL Securities Vs Dhan - Pros and Cons

  IIFL Securities Dhan
Pros
  1. Full-service broker offering quality research and recommendations.
  2. Flat Rs 20 per trade brokerage for Intraday & F&O.
  3. IIFL offers Equity SIP and Mutual Fund SIP.
  4. Margin funding is available.
  5. IIFL Securities is a publicly-traded company listed at BSE and NSE.
  • 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
  1. Margin funding is given to the customers without notice. This cases major confusion and customer paying hefty interest charges.
  2. Equity delivery brokerage is charged at flat Rs 20 per trade.
  3. It doesn't offer Direct Mutual Funds.
  4. Call & trade changes are Rs 50 per call.
  • 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
Promo / Offers

IIFL Securities Special Offer

Flat Rs 20 Per Trade Brokerage + Free Account Opening

  • Flat Rs 20 per trade brokerage for delivery, intraday and F&O +
  • Trade with the best rated mobile trading app.

This is a limited-time offer. Open FREE Instant IIFL Account online and start trading today.

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.
Open IIFL Securities AccountOpen Dhan Account

Comments

Add a public comment...

Compare IIFL Securities Compare Dhan
Compare More Brokers:
special_offers
By Popular Stock Brokers
Zerodha Review   Zerodha

Free Eq Delivery & MF
Flat ₹20 Per Trade in F&O

Open Instant Account

Angel Broking Review   Angel One

Free Equity Delivery
Flat ₹20 Per Trade in F&O

Know more...

Kotak Securities Review  Kotak Securities
    (Trade Free Plan)

FREE Account Opening (₹0)
FREE Intraday Trading (Eq, F&O)

GET FREE Demat Account

Upstox Review   Upstox

FREE Account Opening
Flat ₹20 Per Trade

Enquire Now

ICICI Direct Review  ICICI Direct

Free Equity Futures Trading
₹20/Trade (Options & Intraday)

Open 3-in-1 Account

ProStocks Review  ProStocks

Unlimited @ ₹899/month
Rs 0 Demat AMC

Open FREE Account

Nuvama Broking Review   Nuvama

Full-service @ Flat Rate
Flat ₹10 Per Trade

Get FREE Account

Fyers Review   Fyers

Free Eq Delivery Trades
Flat ₹20 Per Trade in F&O

Open Instant Account

Paytm Money Review  Paytm Money

Pay ₹0 brokerage for first 30 days

Flat ₹15 Per Trade

Open Instant Account Now!

Sharekhan Review  Sharekhan

30 days brokerage free trading
Free - Relationship Manager
Free - Classroom Training

Open Account in 15 Minutes

Open an Instant Account with Zerodha