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Dhan vs Groww – Compare Charges, Trading Features, Offers & more

Find a Comparison of Dhan vs Groww here. You can compare their brokerage, demat accounts, trading platforms, offers, products & services, support, complaints & more.

This comparison will help you decide which broker is best for you. So, let us go through a detailed comparison of Dhan and Groww.

Background

Year of Incorporation 2011 2017
Website https://dhan.co/ https://groww.in/
Phone 9987761000 +91 9108800604
Exchanges enabled BSE, NSE, MCX NSE, BSE, MCX & NCDEX
Demat (NSDL/CDSL) CDSL NSDL
Brokerage

Equity Rs 0 for Delivery & Rs 20 or 0.03% for Intraday Rs 20 or 0.05% per order
Equity Futures Rs 20 or 0.03% per executed order Rs 20 per executed order
Equity Options Rs 20 per executed order Rs 20 per executed order
Currency Futures Rs 20 or 0.03% per executed order Rs 0
Currency Options Rs 20 per executed order Rs 0
Commodity Rs 20 per executed order Rs 0
Account Opening Costs

Trading only Free Free
Trading & Demat Free Rs. 0
Commodity Rs 0 Rs. 0
Transparency & other costs

Double check on if you are paying much higher other/turnover costs, make sure to compare

Equity 0.00325% of Turnover 0.00325%
Futures 0.0019% of Turnover 0.0035%
Options 0.05% of Turnover 0.07%
Commodities 0.05% of Turnover 0.004%
AMC charge Rs 0 Rs 0
DP Transaction Charge Rs 9 + GST Rs.13.5 per company
Offline order placing Charge 0 Rs 25
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 7 Days 22 days
End of Day 5 Years 10 days
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity 1x on Delivery & upto 5x on Intraday 5x
Equity Futures 1x 2x for intraday
Equity Options 1x No leverage
Currency Futures 1x 2x for intraday
Currency Options 1x No leverage
Commodity 1x 2x for intraday
Support & Tools

Research & Tips
Brokerage Calculator
Margin Calculator
Bracket orders & Trailing Stoploss
Training & Education
Convenience

3 in 1 Account
Instant Fund withdrawal
Relationship Managers
Financial Health

Equity & Commodity Consolidated
Look for Brokerages with higher profit, low debt, higher Profit to Equity Ratio   which will indicate the profitability based on capital deployed, and atleast Rs 50 crores Balance sheet size. If a broker is in financial trouble, it will first start showing up on his balance sheet.

Profit after Tax FY11/12 Rs 42.31 Crores Rs 70.6 crores
Profit after Tax FY12/13 Rs 79.41 Crores Rs 70.48 crores
Profit after Tax FY13/14 Rs 56.67 Crores Rs 73.78 Crore
Profit after Tax FY 14/15 Rs 57.22 Crores Rs 75.92 Crore
Profit after Tax FY 15/16 Rs 82.85 Crores Rs 82.85 Crore
Profit after Tax FY 16/17 Rs 68.40 Crores Rs 90.11 Crore
Profit after Tax FY 17/18 Rs 72.18 Crores Rs 106.09 Crore
Profit after Tax FY 18/19 Rs 79.26 Crores Rs 115.68 Crore
Profit after Tax FY 19/20 Rs 88.01 Crores Rs 120.61 Crore
Profit after Tax FY 20/21 Rs 95 Crores Rs 141.70 Crore
Profit after Tax FY 21/22 Rs 91.43 Crores Rs 244.93 Crore
Profit after Tax FY 22/23 Rs 93 Crores Rs 205.65 Crore
Debt FY11/12 Rs 12.22 Lakhs Rs 51 Crores
Debt FY12/13 Rs 20.30 Lakhs Rs 41.5 Crores
Debt FY13/14 Rs 28.60 Lakhs Rs 42.93 Crore
Debt FY14/15 Rs 25.15 Lakhs Rs 49.48 Crore
Debt FY15/16 Rs 19.36 Lakhs Rs 41.73 Crore
Debt FY16/17 Rs 24.23 Lakhs Rs 54.26 Crore
Debt FY17/18 Rs 28.96 Lakhs Rs 69.77 Crore
Debt FY18/19 Rs 27.64 Lakhs Rs 57.16 Crore
Debt FY19/20 Rs 24.17 Lakhs Rs 51.39 Crore
Debt FY20/21 Rs 32.46 Lakhs Rs 57.47 Crore
Debt FY21/22 Rs 38.52 Lakhs Rs 77.59 Crore
Debt FY22/23 Rs 36.35 Lakhs Rs 80.11 Crore
Profit to Equity(%) FY11/12 20.13% 62.90
Profit to Equity(%) FY12/13 21.22% 12.38
Profit to Equity(%) FY13/14 20.51% 14.86
Profit to Equity(%) FY14/15 18.23% 17.05
Profit to Equity(%) FY15/16 18.75% 14.29
Profit to Equity(%) FY16/17 17.49% 19.11
Profit to Equity(%) FY17/18 17.54% 21.51
Profit to Equity(%) FY18/19 18.53% 18.17
Profit to Equity(%) FY19/20 18.09% 14.49
Profit to Equity(%) FY20/21 16.71% 18.46
Profit to Equity(%) FY21/22 20.30% 14.70
Profit to Equity(%) FY22/23 21.18% 25.75
Balance Sheet Size FY11/12 Rs 28,562.79 Crores Rs 304 Crores
Balance Sheet Size FY12/13 Rs 34,056.66 Crores Rs 296.15 Crores
Balance Sheet Size FY13/14 Rs 38,184.80 Crores Rs 333.40 Crore
Balance Sheet Size FY14/15 Rs 41,932.39 Crores Rs 306.36 Crore
Balance Sheet Size FY15/16 Rs 52,467.62 Crores Rs 533.57 Crore
Balance Sheet Size FY16/17 Rs 74,976.32 Crores Rs 544.52 Crore
Balance Sheet Size FY17/18 Rs 73,952.01 Crores Rs 3952.01 Crore
Balance Sheet Size FY18/19 Rs 80,997 Crores Rs 4280.32 Lakh
Balance Sheet Size FY19/20 Rs 64,023 Crores Rs 4476 Lakh
Balance Sheet Size FY20/21 Rs 86,951.55 Crores Rs 4627 Lakh
Balance Sheet Size FY21/22 Rs 91,751.78 Crores Rs 6184.35 Lakh
Balance Sheet Size FY22/23 Rs 95,994 Crores Rs 5994 Crores

Comparison Link:

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Frequently Asked Questions

Is Dhan better than Groww ?

Dhan and Groww are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is Groww better than Dhan ?

Dhan and Groww are both discount broker companies. Thus, we need to look at the details such as brokerage charges, account opening fees, trading platforms, and more to find out which is a better stockbroker between them.

Is Dhan cheaper than Groww ?

Dhan and Groww are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Is Groww cheaper than Dhan ?

Dhan and Groww are both discount broker companies. Since these are discount brokers, the brokerage fees are generally on the lower side. The brokerage fee, in general, will be very close for both of these brokers. To find out the cheaper broker for your needs, look at the brokerage charges in detail.

Which is better Dhan vs. Groww ?

To find out the better of the two stockbrokers Dhan and Groww, compare them based on brokerage charges, trading platforms, Demat account opening fees, research, advisory services, etc.