Dhani vs Way2wealth – Compare Charges, Trading Features, Offers & more

Find a Comparison of Dhani vs Way2wealth 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 Dhani and Way2wealth.

Background

Year of Incorporation 2000 1984
Website https://www.dhani.com/ https://www.way2wealth.com/
Phone 1800 572 7777 1800 425 3690 FREE
Exchanges enabled NSE, BSE, MCX, & NCDEX NSE, BSE, MCX-SX, MCX, & NCDEX
Demat (NSDL/CDSL) NSDL, CDSL NSDL, CDSL
Brokerage

Equity 0.03% for Intraday & 0.3% for Delivery - Negotiable 0.04% for Intraday, 0.4% for Delivery - Negotiable
Equity Futures 0.03% of Turnover - Negotiable 0.04% of Turnover - Negotiable
Equity Options Rs 100/lot - Negotiable Rs 50/lot - Negotiable
Currency Futures 0.03% of Turnover - Negotiable 0.04% of Turnover - Negotiable
Currency Options Rs 100/lot - Negotiable Rs 50/lot - Negotiable
Commodity 0.03% of Turnover - Negotiable 0.04% of Turnover - Negotiable
Account Opening Costs

Trading only NA NA
Trading & Demat Rs 750 Rs 350
Commodity Rs 250 Rs 100
Transparency & other costs

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

Equity 0.00325% 0.0038% of Turnover
Futures 0.0025% 0.0034% of Turnover
Options 0.055% 0.056% of Premium Turnover
Commodities 0.003% 0.0035% of Turnover
AMC charge Rs 450/Year Rs 330
DP Transaction Charge Rs 15 or 0.02% per debit transaction, whichever is higher Rs 18/debit instruction
Offline order placing Charge NIL NIL
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 15 Days on Power India Bulls, Rs 750 one time cost 22 days on NEST
End of Day 7 years on Power India Bulls, Rs 750 one time cost 10 years on NEST
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity Upto 10 times for Intraday, Upto 3 times Delivery@interest Upto 6 times for Intraday, 0 for Delivery
Equity Futures Upto 3 times for Intraday Upto 2 times for Intraday
Equity Options No leverage for Buying, Upto 3 times for Shorting Intraday No Leverage
Currency Futures No Leverage Upto 2 times for Intraday
Currency Options No Leverage No Leverage
Commodity Upto 3 times for Intraday Upto3 times 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 9.8 Crores Rs 4.2 Lakhs
Profit after Tax FY12/13 Rs 54.9 Crores Rs 5.87 Lakhs
Profit after Tax FY13/14 Rs 87.5 Crores Rs 5.23 Lakh
Profit after Tax FY 14/15 Rs 100.52 Crores Rs 7.93 Lakh
Profit after Tax FY 15/16 Rs 153.58 Crores Rs 11.19 Lakh
Profit after Tax FY 16/17 Rs 146.32 Crores Rs 11.74 Lakh
Profit after Tax FY 17/18 Rs 142.79 Crores Rs 12.16 Lakh
Profit after Tax FY 18/19 Rs 170.97 Crores Rs 14.39 Lakh
Profit after Tax FY 19/20 Rs 134.76 Crores Rs 14.50 Lakh
Profit after Tax FY 20/21 Rs 154.27 Crores Rs 16.00 Lakh
Profit after Tax FY 21/22 Rs 141.34 Crores Rs 17.02 Lakh
Profit after Tax FY 22/23 Rs 134.44 Crores Rs 15.37 Lakh
Debt FY11/12 Rs 36.5 Crores Rs 10.4 Lakhs
Debt FY12/13 Rs 136 Crores Rs 17.2 Lakhs
Debt FY13/14 Rs 247 Crores Rs 19.78 Lakh
Debt FY14/15 Rs 296.57 Crores Rs 16.80 Lakh
Debt FY15/16 Rs 277.52 Crores Rs 20.27 Lakh
Debt FY16/17 Rs 340.00 Crores Rs 18.04 Lakh
Debt FY17/18 Rs 376.68 Crores Rs 22.55 Lakh
Debt FY18/19 Rs 435.24 Crores Rs 22.41 Lakh
Debt FY19/20 Rs 407.08 Crores Rs 23.16 Lakh
Debt FY20/21 Rs 420.60 Crores Rs 25.14 Lakh
Debt FY21/22 Rs 478.89 Crores Rs 26.94 Lakh
Debt FY22/23 Rs 511.14 Crores Rs 25.88 Lakh
Profit to Equity(%) FY11/12 4.95 0.25
Profit to Equity(%) FY12/13 25.93 1.52
Profit to Equity(%) FY13/14 41.48 2.39
Profit to Equity(%) FY14/15 48.65 3.71
Profit to Equity(%) FY15/16 68.74 3.71
Profit to Equity(%) FY16/17 65.82 4.61
Profit to Equity(%) FY17/18 57.86 5.42
Profit to Equity(%) FY18/19 76.46 6.22
Profit to Equity(%) FY19/20 86.29 7.38
Profit to Equity(%) FY20/21 74.06 8.12
Profit to Equity(%) FY21/22 62.02 9.22
Profit to Equity(%) FY22/23 59.51 10.22
Balance Sheet Size FY11/12 Rs 514 Crores Rs 159 Crores
Balance Sheet Size FY12/13 Rs 504 Crores Rs 148 Crores
Balance Sheet Size FY13/14 Rs 598 Crores Rs 170 Crores
Balance Sheet Size FY14/15 Rs 644.21 Crores Rs 187.92 Crores
Balance Sheet Size FY15/16 Rs 612.09 Crores Rs 259.67 Crores
Balance Sheet Size FY16/17 Rs 645.88 Crores Rs 289.46 Crores
Balance Sheet Size FY17/18 Rs 638.99 Crores Rs 160.16 Crores
Balance Sheet Size FY18/19 Rs 796.73 Crores Rs 240.46 Crores
Balance Sheet Size FY19/20 Rs 845.09 Crores Rs 294.59 Crores
Balance Sheet Size FY20/21 Rs 998.92 Crores Rs 181.53 Crores
Balance Sheet Size FY21/22 Rs 1202.17 Crores Rs 227.41 Crores
Balance Sheet Size FY22/23 Rs 1225.98 Crores Rs 289.78 Crores

Comparison Link:

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Frequently Asked Questions

Which is better, Dhani or Way2wealth?

Dhani Securities and Way2wealth are both discount broker companies. Thus, to determine which is a better stockbroker, we need to examine details such as brokerage charges, account opening fees, trading platforms, and more.

Do Dhani and Way2wealth offer mobile trading apps?

Yes, both Dhani Securities and Way2wealth provide mobile trading apps for better user interface and seamless trading experience.

What are the account opening charges for Way2wealth and Dhani?

The account opening charges by brokers Dhani and Way2wealth for both trading and demat are zero. Charges may vary, kindly read the above comparison.

Which broker has a better reputation for reliability?

Both Dhani and Way2wealth are SEBI-registered brokers with good reputations. Dhani is known for its trading platforms, while Way2wealth is praised for cost-effective pricing.

Do both brokers provide margin trading facilities?

Yes, both Dhani and Way2wealth offer margin trading facilities. However, terms, interest rates, and leverage limits vary, so reviewing their policies is essential.