iTradeOnline Vs Dhani Stocks (Compare iTradeOnline and Dhani Stocks)

iTradeOnline Vs Dhani Stocks

Incorporated in , iTradeOnline is a Discount Broker. It offers trading at BSE, NSE, MCX. It has branches across India. Incorporated in 2000, Dhani Stocks is a Full Service Broker. It offers trading at BSE, NSE MCX and NCDEX. It has 18 branches across India.

	iTradeOnline	Dhani Stocks
Type of Broker	Discount Broker	Full Service Broker
Exchnage Membership	BSE, NSE, MCX	BSE, NSE MCX and NCDEX
Year of Incorporation		2000
Number of Branches		18
	Enquire iTradeOnline	Enquire Dhani Stocks

iTradeOnline Vs Dhani Stocks Charges & AMC

iTradeOnline trading account opening charges is Rs 0 (Free) while Dhani Stocks account opening changes is Rs 300. iTradeOnline Demat Account AMC Charges is Regular Demat: Rs 300, Lifetime free AMC Demat: Rs 0 and Dhani Stocks Demat Account AMC Charges is Rs 300.

	iTradeOnline	Dhani Stocks
Trading Account Opening Charges	Rs 0 (Free)	Rs 300
Trading Account AMC Charges	Rs 0 (Free)	Rs 0
Demat Account Opening Charges	Regular: Rs 0, Lifetime Free AMC: Rs 1000	Rs 0
Demat Account AMC Charges	Regular Demat: Rs 300, Lifetime free AMC Demat: Rs 0	Rs 300

iTradeOnline Vs Dhani Stocks Brokerage

iTradeOnline brokerage charges for equity is Rs 20 per executed order or .01% whichever is lower and intraday is Rs 20 per executed order or .01% whichever is lower whereas Dhani Stocks brokerage charges for equity is Rs 0 (Free) and intraday is Rs 0 (Free).

	iTradeOnline	Dhani Stocks
Account Type	Pay Per Trade	Dhani Stocks Unlimited Plan
Fixed Charges	Rs 0	Rs 500
Equity Delivery	Rs 20 per executed order or .01% whichever is lower	Rs 0 (Free)
Equity Intraday	Rs 20 per executed order or .01% whichever is lower	Rs 0 (Free)
Equity Futures	Rs 20 per executed order or .01% whichever is lower	Rs 0 (Free)
Equity Options	Rs 20 per executed order or .01% whichever is lower	Rs 0 (Free)
Currency Futures	Rs 20 per executed order or .01% whichever is lower	Rs 0 (Free)
Currency Options	Rs 20 per executed order or .01% whichever is lower	Rs 0 (Free)
Commodity Futures	Rs 20 per executed order or .01% whichever is lower	0.03%
Commodity Options		0.03%
Special Offer	Special Offer: Get 50% discount (Rs 500 Off) on Lifetime FREE AMC Demat Account fee. Request a Callback	Special Offer: Trade unlimited in Equity, F&O and Currency for fixed Rs 500 per month. Open a Demat Account in 15 Minutes. Request a Callback

iTradeOnline Charges Vs Dhani Stocks

Minimum Brokerage	Rs 0 (No Minimum Brokerage)	Rs 0.01 per order (for Equity, F&O, Currency in case of Unlimited Plan)
Other Charges	Physical contact notes: Rs 20
Call & Trade Charges	Rs 0 (Free)	Rs 0 (Free)

iTradeOnline Vs Dhani Stocks Transaction Charges

iTradeOnline transaction charges for options is NSE Rs 5000 per crore (0.05%) while Dhani Stocks exchange transaction charges for options is Rs 5000 per Cr (on premium) (0.050%).

	iTradeOnline	Dhani Stocks
Equity Delivery	NSE Rs 325 per crore | BSE Rs 1.5/trade (each side)	NSE Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Intraday	NSE Rs 325 per crore | BSE Rs 1.5/trade (each side)	Rs 325 per Cr (0.00325%) | BSE Rs 300 per Cr (0.003%) (each side)
Equity Futures	NSE Rs 190 per crore (0.0019%)	Rs 190 per Cr (0.00190%)
Equity Options	NSE Rs 5000 per crore (0.05%)	Rs 5000 per Cr (on premium) (0.050%)
Currency Futures	NSE Rs 90/cr (0.0009%) | BSE Rs 18/cr (0.00018%)	Rs 90 per Cr (0.00090%) + Investor protection fund (0.037%)
Currency Options	NSE Rs 4000 (on premium) per cr (0.04%) | BSE Rs 1500	NSE Rs 3500 per Cr (on premium) (0.035%) + Investor protection fund (0.037%)
Commodity	MCX Rs 260/Cr (0.0026%) | NCDEX Rs 600/cr (0.006%)	Agro (MCX) Group A: Rs 260 per cr (0.0026%)
	Enquire iTradeOnline	Enquire Dhani Stocks

iTradeOnline Vs Dhani Stocks Leverage (Margin)

iTradeOnline margin for intraday trading is up to 6 times of the trade value based on the volatility of the stock whereas the Dhani Stocks margin for intraday cash is up to 6x of the trade value based on the stock.

As per the new policy, the margin offered by the broker will be decided by the exchange from Sept 01, 2021. Brokers cannot offer 'additional margin' like 40x in any segment. All brokers will offer the same margin exposure or leverage.

	iTradeOnline	Dhani Stocks
Equity Delivery	1x (no margin)	1x (no margin)
Equity Intraday	Up to 6x (based on the stock)	Up to 6x (based on the stock)
Equity F&O	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Currency Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
Commodity Futures	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)	Intraday - 1.3x, Carry forward - 1x of NRML margin (Span + Exposure)
	Enquire iTradeOnline	Enquire Dhani Stocks

Compare iTradeOnline and Dhani Stocks Features

The trading platforms offered iTradeOnline include Omnesys NEST is used as back-end. Front-end is built in-house by Trustline.. Dhani Stocks offers Dhani Stocks App, Dhani Stocks Web, Dhani Stocks PIB trading software.

	iTradeOnline	Dhani Stocks
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	Omnesys NEST is used as back-end. Front-end is built in-house by Trustline.	Dhani Stocks App, Dhani Stocks Web, Dhani Stocks PIB
Intraday Square-off Time	Equity: 3:15 PM, Commodity: 11:15 PM	3:10 PM
Other Features
Referral Program
	Enquire iTradeOnline	Enquire Dhani Stocks

iTradeOnline Vs Dhani Stocks Review

iTradeOnline is rated 4.0 of 5 based on 7 customer reviews whereas Dhani Stocks is rated 3.5 of 5 based on 4 customer reviews.

	iTradeOnline	Dhani Stocks
	7 Customer Reviews	4 Customer Reviews
Fees
Brokerage
Trading Platform
Customer Service
Research Capabilities
Overall Ratings
Broker Rating	iTradeOnline is rated 4.0 of 5 based on 7 customer reviews	Dhani Stocks is rated 3.5 of 5 based on 4 customer reviews

iTradeOnline Vs Dhani Stocks Investment Options

	iTradeOnline	Dhani Stocks
Stock / Equity
Commodity
Currency
IPO
Mutual Funds
Bond / NCD
Debt
Other Investment Options	Insurance, Wealth Management

iTradeOnline Vs Dhani Stocks Order Type Offered

	iTradeOnline	Dhani Stocks
Bracket Order
Cover Order
Buy Today Sell Tomorrow (BTST)
Sell Today Buy Tomorrow (STBT)
After Market Order(AMO)
Good Till Cancelled (GTC)
	Enquire iTradeOnline	Enquire Dhani Stocks

iTradeOnline Vs Dhani Stocks Research Report

	iTradeOnline	Dhani Stocks
Daily Market Report
Free Tips
Quarterly Result Analysis
News Alerts

iTradeOnline Vs Dhani Stocks Suitable For Investor Type

	iTradeOnline	Dhani Stocks
Casual Investor
Active Investor
Trader

iTradeOnline Vs Dhani Stocks - Pros and Cons

	iTradeOnline	Dhani Stocks
Pros	Paperless account opening is available with eKYC and Aadhar integration All trading softwares including trading terminal are available for free. Uses trading platform of Omnesys which is industry leading trading software provider. Margin Against Share is available Research based fundamental and technical analysis available to all the customers. Short selling is available in NSE Cash segment only. After Hours Orders and Good Till Cancelled (GTC) orders are available. SMS Trade Alerts are available for free to all customers. Call & Trade is free for all customers.	Brokerages free equity delivery trading Free trading software. Use stocks for margin. Free call and trade and funds transfer.
Cons	Separate account needed for Mutual Funds investment. For iTradeOnline customers, the customer service is not available through 400+ Trustline branches. Doesn't offer bracket orders. Online IPO, NCD, Corporate Bond investment is not available. Trading API's are now available. Opening demat account along with the trading account is mandatory. No extra charge for intraday or expiry positions closed by the broker.	Branch support not available GTC order types not available Lifetime free AMC Demat plans not available
Reviews		Dhani Stocks Limited (formerly known as Indiabulls Securities Limited) is a Discount broker offering online trading services for a wide range of financial products like Equity, Derivatives, Currency, Commodities, Mutual Funds, IPO, and Margin Trading Facility. The company offers 2-in-1 account opening services and has a depository membership with CDSL and NSDL, and is a member of NSE, BSE, MCX, and NCDEX. The company has a online trading platform (DhaniStocks) available on the Android, and iOS, website and desktop.
Promo / Offers	Lifetime FREE AMC Demat Account - 50% Off Get 50% off onetime fee of Lifetime Zero AMC Demat Account. Save Rs 500 on account opening. This is a limited time offer. Simply leave your contact information with us and iTradeOnline representatives will contact you.	Unlimited Trading @ Flat Rs 500 PM Trade unlimited in a month for a fixed Rs 500 per month fee. No brokerage, no hidden fee and no worries of brokerage bills. To open an account with Dhani Stocks, leave your contact information.
	Enquire iTradeOnline	Enquire Dhani Stocks