Angel One vs Dhan – Which is Better 2024
Angel One vs Dhan
Discount Broker Angel One was founded in 1987. It provides trading on the The National
Commodity and Derivatives Exchange (NCDEX) ,Multi Commodity Exchange (MCX), NSE
(national stock exchange) ,and BSE ( Bombay stock exchange) .There are 900 of its
branches in India. Dhan, founded in 2021 , is a discount broker. It offers trading on the NSE and BSE. It has
one branch across India. It supports trading on the NSE and BSE. It has one branch across India.
Angel One
Angel One Review: A full-service retail broker with online discount brokerage services,
is one of the biggest in India and was founded in 1987. In addition to stock and commodities
broking, margin finance, loans secured by shares, and distribution of financial goods, the
company provides a comprehensive variety of trading and investing services. With more
than 19,000 authorised individuals, 110 branches, and 10,000 trade terminals spread across
more than 1700 cities, Angel One has a significant local presence.
Dhan
Dhan Founded in 2021, is a Mumbai-based financial services company focused largely
on India. In today’s fast-paced world, every second or third person seeks effective
investing solutions to build wealth, and Dhan is dedicated to delivering these options.
Dhan is a SEBI-registered stockbroker. In addition, Dhan is registered with CDSL, NSE,
BSE, and MCX stock exchange.
Dhan is a SEBI-registered stockbroker and their headquarters located in Mumbai. In
addition, Dhan is registered with CDSL, NSE, BSE, and MCX stock exchanges. Dhan
offers a wide range of products, including stocks, ETFs, options, futures, and
commodities. Overall, Dhan is an all-rounder who effectively meets the majority of a
trader’s or investor’s needs. Dhan’s broking fees are competitive and reasonable across
all products and solutions. Dhan costs Rs. 20 per trade, or 0.03%, for intraday trading.
Dhan’s shipping charges for trading equities and ETFs are nothing. Dhan additionally
offers a 50% discount for female users.
Alice Blue, incorporated in, is a discount broker. It offers trading on the BSE, NSE, and MCX. It
has branches throughout India. Dhan, founded in 2021, is a discount broker. It offers trading on
the BSE, NSE, and MCX. It has one branch across India.
| Angel One | Dhan | |
| Year of Establishment | 1987 | 2021 |
| Number of Branches | 900 | 1 |
| Exchange | MCX, NCDEX and BSE ,NSE. | NSE, BSE and MCX |
| Broker type | Discount Broker | Discount Broker |
| Founder | Dinesh Thakkar | Pravin Jadhav |
| https://tinyurl.com/23ofjltl |
Angel One VS Dhan Charges
| Angel One | Dhan | |
| Trade and Call Charge | Additional Rs 20 per executed order | Rs 50 per order |
| Brokerage Charges | Equity Rs 20 or 0.03% | F&O Rs 20 | Rs 20 |
Compare Angel One vs Dhan Offers
Angel One & Dhan Product Provided
| Type | Angel One | Dhan |
| Equity Intraday | ||
| Equity Delivery | ||
| Equity Option | ||
| Equity Future | ||
| Currency Option | ||
| Currency Future | ||
| Commodity Option | ||
| Commodity Future | ||
| Foreign Stocks | ||
| Mutual Funds | ||
| Banking | ||
| Govt. Bonds | ||
| Insurance | ||
Compare Angel One VS Dhan Advisory Services
Angel One vs Dhan AMC & DEMAT Accounts Charges
Angel One, renowned for its affordable brokerage fees and intuitive interfaces,
provides competitive trading and DEMAT account services. The DEMAT account has
an annual maintenance fee of ₹240, however account opening is free. 20% of the
completed order, or ₹20, is the brokerage, whichever is less. Although some
customers praise its research and advice services, there are occasionally technical
problems with the trading software.
While Dhan has Rs.0 annual maintenance cost (AMC) for trading accounts And rs.0 For Open Demat Account .Many investors favour it because of its competitive cost, user-friendly layout, and excellent customer service.
Angel One VS Dhan Brokerage Charges
Angel One charges no brokerage fees for stock On Delivery , and The Dhan brokerage charges are Rs. 0 on Equity Delivery and intraday is Rs. 20 or 0.03% of trade value, whichever is lower .The table below shows brokerage charges of both the platform.
Angel One vs Dhan Leverage (Margin)
Angel Dhan offers up to 20% of the trade value (5x leverage) for intraday cash
transactions, whereas One margin for intraday trading allows up to 20% of the trade value
(5x leverage) depending on the stock.The table below shows the leverage margin of both
platform ( 2024).
Angel One VS Dhan Features
Angel One vs Dhan Investment Option
- Angelone: For investment angleone offers option like : stock equity, currency, commodity, ipo, mutual fund, bond /ncd and debt . Overall Angelone offers more options than 5Paisa
- Dhan : For investment Dhan offers: stock equity, currency, commodity, ipo, mutual fund . investment in Bond/NCD and debt type .
Also, angel one provides research report on daily market, quarterly annual research
while Dhan does not provide such reports.
Angel One vs Dhan Pros & Cons
Pros:
| Angel One | Dhan |
| 1)The brokerage fee is Rs 20 per trade in intraday and F&O. 2)Equity delivery trades with brokerage fees. 3)Free trading advice and research reports. 4) Securities are provided for collateral and there is a margin trading facility. 5)Don’t impose fees on NEFT or money transfers. (Some charge about Rs. 10 each 6)RM/local subbroker services available even at bargain brokerages. 7)Ability to contact RM in case of problems (Other well-known brokers). 8) Charges just Rs 20 for intraday square-off and call and trade (others charge Rs 50). Others do not provide free stock and mutual fund advice or ideas . | 1)All other segments have a flatbroking fee of Rs 20 per deal. 2) Offers a 3-in-1 account for ICICI bank members. 3)AMC offers free demat accounts Also it offer Free equity delivery deals . 4) A safe, dependable, and technologically advancedinternet broker .5) Simple, flat-fee broking services across segments and exchanges (BSE, NSE, MCX).6) Open an account for free |
Cons:
| Angel One | Dhan |
| 1)The trading of SME shares is not provided via angel broking. 2)The sales staff and Angel RM attempt to cross-sell additional goods and services. 3)There is no GTC/GTT order facility available. not available as a 3-in-1 account. | 1)Auto Square off costs an additional Rs 20 every order. 2) It doesn’t provide monthly unlimited trading programs. 3)It doesn’t offer stock suggestions, research, or recommendations. 4) Call & Trade costs an additional Rs 50 every order. |
Angel One vs Dhan Complaints
Data from 2024 reveals that Angel One had more customer complaints than Upstox when
comparing the two companies. In particular,5Paisa received 175 complaints and resolved
145 whereas Angel One received 585 complaints and resolved 550. This shows that
5Paisa performs better in terms of customer service than Angel One, as seen by the fact
that it has a higher complaint resolution rate and fewer complaints overall.
| Complaints | Angel One | Dhan |
| Total Complaints Resolved | 457 | 10 |
| % of Resolved Complaints | 82.49% | 99.00% |
| Total Complaints Lodged | 554 | 8 |
| Non Actionable Complaints | 57 | 1 |
| % of Non Actionable Complaints | 10.29% | 1.00% |
Angel One vs Dhan Transaction Charges
Firstly the transaction charges of Dhan is Flat fee of ₹ 20 or 0.05% (whichever is less) for each executed order in Intraday Commodities, Currency, and Equities Trading , also The exchange costs for options on Dhan are as follows: NSE Rs.3550 Per Cr (0.00325%) BSE Rs.355 Per Cr (0.00375%). while Angelone NSE Rs 5000 per Cr (0.05%) | BSE Rs 500 per Cr (0.375%) (on premium) is the one-time transaction fee for options. Angelone NSE Rs 5000 per Cr (0.05%) | BSE Rs 500 per Cr (0.005%) (on premium) is the one-time transaction fee for . Below are both the platform charges.
ANGEL ONE VS Dhan REVIEW/RATING
| Ratings | Angel One | Dhan |
| Customer Service | ⭐⭐⭐ | ⭐⭐ |
| Fees | ⭐⭐⭐ | ⭐⭐⭐ |
| Broekrage Charges | ⭐⭐⭐⭐ | ⭐⭐ |
| Research Capabilities | ⭐⭐ | ⭐⭐ |
| Trading Platform | ⭐⭐⭐ | ⭐⭐⭐ |
| Overall Rating | ⭐⭐⭐ | ⭐⭐ |
Conclusion: Angel One is well-known for providing both novice and seasoned traders with a wealth of research tools, individualised advising services, and a robust offline presence. Conversely,Dhan, on the other hand, uses cutting-edge techniques like strategy planning and thematic investments to focus on providing a smooth and user-friendly experience. Dhan’s sophisticated features and user-friendly interface make it an excellent choice for both novice and seasoned traders, even though its broking fees are a little bit more. In the end, Dhan is a superior trading platform for individuals looking for a complex, user-centric experience, whereas Alice Blue is best for people who prioritise minimal prices.ChatGPT Write a 100-word summary of the Alice Blue vs. Dhan conclusion.
Customer Care Number/Email
Angel One: (1800 1020)
Dhan : 022-43116666
Client can contact this number for clearing their doubt.
Angel One Support Email: support@angelone.in
Dhan Support Email : help@dhan.com
Client can contact on this email for clearing their doubt.
Is Dhan a good broker?
Dhan is an all-arounder who effectively satisfies many of the needs of a trader or investor. Dhan offers a range of products and commodities at reasonable and moderate broking charges. For intraday trading, Dhan costs Rs. 20 per trade, or 0.03% each transaction.
Is Angel One good for beginners?
Let Angel One help you with decisions if you’re still confused about starting stock market investments. They offer free demat accounts, trading ideas, reports, fundamental research, and investment concepts and strategies.
Is money safe in Angel One ?
Absolutely, Angel Broking is a trusted stock broker for investing and trading. Among the biggest stock brokers is Angel Broking. They started their company in 1987. They belong to the MCX, NSE, and BSE.
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