Punch Trade vs Dhani – Compare Charges, Trading Features, Offers & more

Find a Comparison of Punch Trade vs Dhani 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 Dhani.

Background

Year of Incorporation 2016 2000
Website https://www.punch.trade/ https://www.dhani.com/
Phone +91-7948222271 1800 572 7777
Exchanges enabled BSE, NSE, MCX NSE, BSE, MCX, & NCDEX
Demat (NSDL/CDSL) CDSL NSDL, CDSL
Brokerage

Equity Rs 20 or 0.03% per executed order 0.03% for Intraday & 0.3% for Delivery - Negotiable
Equity Futures Rs 20 per executed order 0.03% of Turnover - Negotiable
Equity Options Rs 20 per executed order Rs 100/lot - Negotiable
Currency Futures Rs 20 per executed order 0.03% of Turnover - Negotiable
Currency Options Rs 20 per executed order Rs 100/lot - Negotiable
Commodity Rs 20 per executed order 0.03% of Turnover - Negotiable
Account Opening Costs

Trading only Free NA
Trading & Demat Free Rs 750
Commodity Free Rs 250
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 0.0025%
Options 0.05% of Turnover 0.055%
Commodities 0.03% of Turnover 0.003%
AMC charge Rs 300 per annum Rs 450/Year
DP Transaction Charge Rs 25 per Debit Transaction Rs 15 or 0.02% per debit transaction, whichever is higher
Offline order placing Charge Rs 20 per executed order NIL
Platforms

Software
Web/HTML 5
Mobile
Charting

Intraday 7 Days 15 Days on Power India Bulls, Rs 750 one time cost
End of Day 5 Years 7 years on Power India Bulls, Rs 750 one time cost
Coding/Backtesting
Reporting

Online Trade Reports
Online PNL Reports
Online Contract Notes
Margins

Leverage Provided

Equity 1x on Delivery & upto 5x on Intraday Upto 10 times for Intraday, Upto 3 times Delivery@interest
Equity Futures 2x for intraday Upto 3 times for Intraday
Equity Options Upto 2x for Intraday No leverage for Buying, Upto 3 times for Shorting Intraday
Currency Futures Upto 2x for intraday No Leverage
Currency Options Upto 2x for Intraday No Leverage
Commodity Upto 2x for Intraday Upto 3 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 Not Available Rs 9.8 Crores
Profit after Tax FY12/13 Not Available Rs 54.9 Crores
Profit after Tax FY13/14 Not Available Rs 87.5 Crores
Profit after Tax FY 14/15 Not Available Rs 100.52 Crores
Profit after Tax FY 15/16 Not Available Rs 153.58 Crores
Profit after Tax FY 16/17 Rs 17 Lakhs Rs 146.32 Crores
Profit after Tax FY 17/18 Rs 27 Lakhs Rs 142.79 Crores
Profit after Tax FY 18/19 Rs 35 Lakhs Rs 170.97 Crores
Profit after Tax FY 19/20 Rs 42 Lakhs Rs 134.76 Crores
Profit after Tax FY 20/21 Rs 46 Lakhs Rs 154.27 Crores
Profit after Tax FY 21/22 Rs 61 Lakhs Rs 141.34 Crores
Profit after Tax FY 22/23 Rs 75 Lakhs Rs 134.44 Crores
Debt FY11/12 Not Available Rs 36.5 Crores
Debt FY12/13 Not Available Rs 136 Crores
Debt FY13/14 Not Available Rs 247 Crores
Debt FY14/15 Not Available Rs 296.57 Crores
Debt FY15/16 Not Available Rs 277.52 Crores
Debt FY16/17 Rs 12.22 Lakhs Rs 340.00 Crores
Debt FY17/18 Rs 18.64 Lakhs Rs 376.68 Crores
Debt FY18/19 Rs 26.79 Lakhs Rs 435.24 Crores
Debt FY19/20 Rs 33.82 Lakhs Rs 407.08 Crores
Debt FY20/21 Rs 39.47 Lakhs Rs 420.60 Crores
Debt FY21/22 Rs 48.58 Lakhs Rs 478.89 Crores
Debt FY22/23 Rs 52.22 Lakhs Rs 511.14 Crores
Profit to Equity(%) FY11/12 Not Available 4.95
Profit to Equity(%) FY12/13 Not Available 25.93
Profit to Equity(%) FY13/14 Not Available 41.48
Profit to Equity(%) FY14/15 Not Available 48.65
Profit to Equity(%) FY15/16 Not Available 68.74
Profit to Equity(%) FY16/17 6.49% 65.82
Profit to Equity(%) FY17/18 7.22% 57.86
Profit to Equity(%) FY18/19 8.53% 76.46
Profit to Equity(%) FY19/20 8.09% 86.29
Profit to Equity(%) FY20/21 10.46% 74.06
Profit to Equity(%) FY21/22 11.35% 62.02
Profit to Equity(%) FY22/23 14.95% 59.51
Balance Sheet Size FY11/12 Not Available Rs 514 Crores
Balance Sheet Size FY12/13 Not Available Rs 504 Crores
Balance Sheet Size FY13/14 Not Available Rs 598 Crores
Balance Sheet Size FY14/15 Not Available Rs 644.21 Crores
Balance Sheet Size FY15/16 Not Available Rs 612.09 Crores
Balance Sheet Size FY16/17 Rs 155 Lakhs Rs 645.88 Crores
Balance Sheet Size FY17/18 Rs 170 Lakhs Rs 638.99 Crores
Balance Sheet Size FY18/19 Rs 173 Lakhs Rs 796.73 Crores
Balance Sheet Size FY19/20 Rs 188 Lakhs Rs 845.09 Crores
Balance Sheet Size FY20/21 Rs 195 Lakhs Rs 998.92 Crores
Balance Sheet Size FY21/22 Rs 205 Lakhs Rs 1202.17 Crores
Balance Sheet Size FY22/23 Rs 225 Lakhs Rs 1225.98 Crores

Comparison Link:

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Frequently Asked Questions

Is Punch Trade better than Dhani ?

Punch Trade and Dhani 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 Dhani better than Punch Trade ?

Punch Trade and Dhani 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 Punch Trade cheaper than Dhani ?

Punch Trade and Dhani 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 Dhani cheaper than Punch Trade ?

Punch Trade and Dhani 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 Punch Trade vs. Dhani ?

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