Find a Comparison of Punch Trade vs Dhan 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 Punch Trade and Dhan.
| Year of Incorporation | 2021 (Market Pulse Securities Pvt. Ltd.) | 2011 |
| Website | https://www.punch.trade/ | https://dhan.co/ |
| Phone | +91-7948222271 | 9987761000 |
| Exchanges enabled | BSE, NSE | BSE, NSE, MCX |
| Demat (NSDL/CDSL) | CDSL | CDSL |
| Equity | Rs 1 per executed order (or 0.10%, whichever is lower) | Rs 0 for Delivery & Rs 20 or 0.03% for Intraday |
| Equity Futures | Rs 1 per executed order (or 0.10%, whichever is lower) | Rs 20 or 0.03% per executed order |
| Equity Options | Rs 1 per executed order (or 0.10%, whichever is lower) | Rs 20 per executed order |
| Currency Futures | Not supported | Rs 20 or 0.03% per executed order |
| Currency Options | Not supported | Rs 20 per executed order |
| Commodity | Not supported | Rs 20 per executed order |
| Trading only | 0 (Free) | Free |
| Trading & Demat | 0 (Free) | Free |
| Commodity | Not applicable | Rs 0 |
Double check on if you are paying much higher other/turnover costs, make sure to compare
| Equity | 0.00325% of Turnover | 0.00325% of Turnover |
| Futures | 0.0019% of Turnover | 0.0019% of Turnover |
| Options | 0.05% of Turnover | 0.05% of Turnover |
| Commodities | Not applicable. | 0.05% of Turnover |
| AMC charge | Rs 0 (no AMC) | Rs 0 |
| DP Transaction Charge | Rs 3.5 per debit transaction (CDSL charges) | Rs 9 + GST |
| Offline order placing Charge | Rs 50 incl. GST (Call & Trade) | 0 |
| Software |  |
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| Web/HTML 5 | |
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| Mobile | |
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| Intraday | 7 Days | 7 Days |
| End of Day | 5 Years | 5 Years |
| Coding/Backtesting |  |
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| Online Trade Reports | |
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| Online PNL Reports | |
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| Online Contract Notes | |
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Leverage Provided
| Equity | 1x on Delivery & upto 5x on Intraday | 1x on Delivery & upto 5x on Intraday |
| Equity Futures | 1x (exchange margin only) | 1x |
| Equity Options | 1x (exchange margin only) | 1x |
| Currency Futures | Not applicable | 1x |
| Currency Options | Not applicable | 1x |
| Commodity | Not applicable | 1x |
| Research & Tips | |
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| Brokerage Calculator | |
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| Margin Calculator | |
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| Bracket orders & Trailing Stoploss | |
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| Training & Education | |
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| 3 in 1 Account | |
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| Instant Fund withdrawal | |
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| Relationship Managers | |
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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 | Not Available | Rs 42.31 Crores |
| Profit after Tax FY12/13 | Not Available | Rs 79.41 Crores |
| Profit after Tax FY13/14 | Not Available | Rs 56.67 Crores |
| Profit after Tax FY 14/15 | Not Available | Rs 57.22 Crores |
| Profit after Tax FY 15/16 | Not Available | Rs 82.85 Crores |
| Profit after Tax FY 16/17 | Not Available | Rs 68.40 Crores |
| Profit after Tax FY 17/18 | Not Available | Rs 72.18 Crores |
| Profit after Tax FY 18/19 | Not Available | Rs 79.26 Crores |
| Profit after Tax FY 19/20 | Not Available | Rs 88.01 Crores |
| Profit after Tax FY 20/21 | Not Available | Rs 95 Crores |
| Profit after Tax FY 21/22 | Not Available | Rs 91.43 Crores |
| Profit after Tax FY 22/23 | Not Available | Rs 93 Crores |
| Debt FY11/12 | Not Available | Rs 12.22 Lakhs |
| Debt FY12/13 | Not Available | Rs 20.30 Lakhs |
| Debt FY13/14 | Not Available | Rs 28.60 Lakhs |
| Debt FY14/15 | Not Available | Rs 25.15 Lakhs |
| Debt FY15/16 | Not Available | Rs 19.36 Lakhs |
| Debt FY16/17 | Not Available | Rs 24.23 Lakhs |
| Debt FY17/18 | Not Available | Rs 28.96 Lakhs |
| Debt FY18/19 | Not Available | Rs 27.64 Lakhs |
| Debt FY19/20 | Not Available | Rs 24.17 Lakhs |
| Debt FY20/21 | Not Available | Rs 32.46 Lakhs |
| Debt FY21/22 | Not Available | Rs 38.52 Lakhs |
| Debt FY22/23 | Not Available | Rs 36.35 Lakhs |
| Profit to Equity(%) FY11/12 | Not Available | 20.13% |
| Profit to Equity(%) FY12/13 | Not Available | 21.22% |
| Profit to Equity(%) FY13/14 | Not Available | 20.51% |
| Profit to Equity(%) FY14/15 | Not Available | 18.23% |
| Profit to Equity(%) FY15/16 | Not Available | 18.75% |
| Profit to Equity(%) FY16/17 | Not Available | 17.49% |
| Profit to Equity(%) FY17/18 | Not Available | 17.54% |
| Profit to Equity(%) FY18/19 | Not Available | 18.53% |
| Profit to Equity(%) FY19/20 | Not Available | 18.09% |
| Profit to Equity(%) FY20/21 | Not Available | 16.71% |
| Profit to Equity(%) FY21/22 | Not Available | 20.30% |
| Profit to Equity(%) FY22/23 | Not Available | 21.18% |
| Balance Sheet Size FY11/12 | Not Available | Rs 28,562.79 Crores |
| Balance Sheet Size FY12/13 | Not Available | Rs 34,056.66 Crores |
| Balance Sheet Size FY13/14 | Not Available | Rs 38,184.80 Crores |
| Balance Sheet Size FY14/15 | Not Available | Rs 41,932.39 Crores |
| Balance Sheet Size FY15/16 | Not Available | Rs 52,467.62 Crores |
| Balance Sheet Size FY16/17 | Not Available | Rs 74,976.32 Crores |
| Balance Sheet Size FY17/18 | Not Available | Rs 73,952.01 Crores |
| Balance Sheet Size FY18/19 | Not Available | Rs 80,997 Crores |
| Balance Sheet Size FY19/20 | Not Available | Rs 64,023 Crores |
| Balance Sheet Size FY20/21 | Not Available | Rs 86,951.55 Crores |
| Balance Sheet Size FY21/22 | Not Available | Rs 91,751.78 Crores |
| Balance Sheet Size FY22/23 | Not Available | Rs 93,994 Crores |
Punch Trade Securities and Dhan 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.
Yes, both Punch Trade Securities and Dhan provide mobile trading apps for better user interface and seamless trading experience.
The account opening charges by brokers Punch Trade and Dhan for both trading and demat are zero. Charges may vary, kindly read the above comparison.
Both Punch Trade and Dhan are SEBI-registered brokers with good reputations. Punch Trade is known for its trading platforms, while Dhan is praised for cost-effective pricing.
Yes, both Punch Trade and Dhan offer margin trading facilities. However, terms, interest rates, and leverage limits vary, so reviewing their policies is essential.
